Olymp Trade Review – Is it SCAM or LEGIT broker?
- Great customizable platform
- Low minimal deposit
- Beginner friendly
- Free demo account
4.9 / 5
OlympTrade platform is a popular online trading platform, and has been serving customers since 2014. But what makes Olymp platform a reliable choice for many investors out there? There are a number of reasons why Olymp Trade is the choice platform of many informed and experienced investors out there.
- Security and reliability of the platform. As a leading investing platform online, Olymp Trade is considered an A-recognized member of international Financial Commission, an organization that secures the interests of investors. Since the trading platform is a member of this organization, unlawful acts are covered up to $20,000, which is sourced from the Compensation Fund.
- Minimum amount required to start investments. The minimum amount to deposit to start trading on this platform is $10. This means that almost anyone can join the platform and become a trader.
- Easy access to training and educational materials. The training and helpful resources are open to all members of this trading platform.
These are just the reasons why it’s this platform is popular among many investors, beginners included. I think that OlympTrade works the same way as IQ Option – profesional, reliable and real trading. If you are still interested as to why this platform is highly recommended, then we suggest that you read this OlympTrade review.
Compared to other investing platforms out in the market (such as Binomo‘s), the Olymp Trade is a customized platform that was designed by experienced programmers, traders and financial analysts. The team also continually improves on its services, so customers can count on a platform that is working 24/7. The ability to customize is actually one of the best selling points of this platform. For example:
- You can choose how the charts are shown, for example it can be displayed as a line chart, candlesticks or using Heiken Ashi
- Vary the colors of the chart
Aside from the visual effects of the charts, the technical settings can be configured as well:
- Change the time frame from 25 seconds to 1 month when using the area chart, and change from 15 seconds to 60 minutes when using the Heiken Ashi or Japanese candlesticks
- Use oscillators and indicators for accurate reading of the charts
Special Features of Olymp Trade
Olymp Trade is considered a trading system that makes use of an online trading platform. The features and functionality offered respond to the needs of the customers, and most of these features will generally appeal to investors who are just starting out. Compared to other popular platforms in the market, Olymp Trade provides free registration, and all new members and investors are given 10,000 credits. The free credits can be used by the new member to try out the system and investing platform. Through the use of the demo account, customers can explore their trading skills and try out a few more strategies before trading for real money. The only thing an investor may notice is the absence of incentives. Instead of the usual perks, Olymp Trade provides low investments and starting trade.
OlympTrade Offers a Demo Account
It should be kept in mind that the platform also provides customers with a free demo, with 10,000 virtual dollars and this is given to the customer as soon as the account has been made. The free demo capability of this platform is welcome news for the beginners since they can try out a few trades. Also, there is no time limit to consider when using the free demo. Investors and customers of this platform can practice all they want without having the need to risk the money.
Trading Terms Customers Should Know
- Minimum deposit amount: $ 10. Deposit $ 2000+ to upgrade to a VIP Account.
- Minimum amount required to trade: $1.
- Maximum amount to trade: $ 2,000 for standard account holders and $ 5,000 for VIP traders
- Successful trade payout: 82 % for standard investors, 90 % for VIP-account holders
- Minimum allowable withdrawal: $ 10
- Withdrawal times: Takes 24 hours for standard account holders to a maximum of 3 days, and a few hours for VIP investors
- No withdrawal fees
|Broker||Bonus||Min Deposit||Payout||Review||Open Account|
| ||FREE DEMO ACCOUNT||$ 10||82 % for Standard, 90 % for VIP accounts*||Review||Trade Now!|
At Olymp Trade, investors and customers can count on friendly terms which can be helpful in making the trades. When using the service, investors can count on minimum investments and faster withdrawals.
Banking and Withdrawal Options
Olymp Trade provides its customers with a number of options when it comes to deposits and withdrawals. When it comes to deposits, investors can choose from the following list of payment processors:
- E-wallets like Web Money, Neteller, Skrill, Bitcoin, Qiwi and Yandex Money
- Use of Visa and MasterCard
- Boleto, for customers based in Brazil
Withdrawals can be made from these payment processors as well.
Here’s a note when using the banking option of this platform: you can make a withdrawal from the platform where you have completed the deposit. The maximum waiting time for a withdrawal request is 3 days, but the platform strives to complete the withdrawal in the fastest possible time. If you are a standard account holder of this platform, then the average waiting time is 1 day. But if you are a VIP member of this platform, then the average waiting time is just a few hours.
OlympTrade In India and Pakistan
This broker is really popular in these countries last year and we are getting more and more questions from Indian and Pakistan traders. So If you are from India or Pakistan and you are wondering if it’s possible for you to register with this broker, respond is – yes, you can trade with this broker! OlympTrade accepts Indian and Pakistan traders.
And what more – this type of trading (fixed time trading) are still attracting more and more people from these countries and it became a way, how they make money for a living.
As it is written above, you have many possible ways, how you can withdraw/deposit to this broker (visa, MasterCard, Astro pay, Neteller, Skrill, Qiwi, Yandex money, web money, etc…). So you don’t need to worry about this – there is always a way, how to deposit and withdraw your money from the broker.
- More detailed info about OlympTrade in India in this article
OlympTrade in Nigeria
We are also getting a lot of questions from Nigeria and it’s kinda similar to the questions we are getting from the Indian and Pakistan traders. So – If you are from Nigeria (or another African country) you can trade with OlympTrade – it’s allowed.
Deposit and withdraw methods are same as for any other country. For possibilities – check above.
How to verify your account?
If you are from Nigeria, India, Pakistan, or werever, the process of verification is the same for everybody on this planet. We are getting more and more questions about “how to verify my account”, “what documents do they want” etc… Please read this below carefully and keep in mind, that the process of verification is still the same and same for everybody, so you don’t need to worry about anything! Let’s go.
So to complete the verification (to withdraw your money) you need to send these documents:
- A photo where you hold your passport/ID card in expanded form and where they can see your face and the details in the passport/ID. It’s like a selfie with an appropriate document – nothing more. Note that the photo must be from your shoulders up and it must be easily seen (no blurry). Like on the image below.
- Then you need to send them also the photo/scan of the appropriate document that you want to use – ID or passport.
- If you used for the deposit a credit card, you also need to send photo/scan of the card from which the payment was made. On the card, the first 6 and last 4 digits, name and surname must be seeable. The validity of the card and the rest of digits can’t be seeable (cover it). The reverse side of the card doesn’t need to be present (they don’t need it).
- If you used for the deposit an electronic wallets – A photo/screenshot of the personal electronic purse (Skrill for example) need to be also sent (screen the detail of your account). The information you need to provide is – the picture of number, owner’s name, and the second photo/screenshot must be of that right money transfer (that one your transferred money to OlympTrade).
Where to send the documents?
How long does verification take? Processing of the documents takes up to five business days. And the result of the document verification you will find on your email because you will receive an email with notification about the result.
That’s it – If you need to help with the verification, let us know and we will try to help you.
Types of Accounts Available on Olymp Trade
- Demo Account. This account is provided for free, and each account will be assigned 10,000 virtual units. Interested individuals can simply sign up for an account on the website.
- Standard Account. A minimum of $ 10 or its currency equivalent is required to enjoy this account. Under this account, investors can trade at a minimum of $1, and a maximum trade worth $2,000. The maximum possible profit that one can get is 80-percent of the investment made. When it comes to the withdrawal of funds, the minimum amount that can be withdrawn is $10 with no set limit for the withdrawal. Withdrawals can take an average of 1 day, with a maximum waiting time of 3 days.
- VIP Account. To take advantage of this account, interested investors must deposit $2,000/or its currency equivalent. For this account, the minimum deposit required here is $2,000, and when it comes to trading, the minimum is set at $ 1 and the maximum is set at $ 5,000. Aside from faster withdrawals, VIP members can count on a number of perks. If you sign up for this account, you get the assistance of a VIP consultant and you are given access to leading financial analysts and other trading tools.
| USA Allowed No|
Payout: 82 % for Standard, 90 % for VIP accounts*
Demo Account: Yes
Min Deposit: $ 10
|FREE DEMO ACCOUNT||Trade Now! Read Review|
Helpful Trading Tools
On top of the standard tools that are offered by the website, Olymp Trade also offers other friendly tools that can promote a satisfying trading experience:
- Support for cryptocurrency. This platform is known for its proprietary Cryptoindex, and this is complemented by Bitcoin, Ethereum, and Litecoin. You can trade these assets anytime, and are known to provide better return of investments.
- Trade cancellation. If the trade is not going your way, this platform gives you the chance to order a cancel trade. If this option is exercised, customers can get up to 60-percent of his investment.
- Pending trade tool. This is a result to sell or buy a particular option within a set time, or when an asset has reached a targeted price.
Education and Training Within your Reach
If you sign up for an account with Olymp Trade, you are given the chance to access free resources that can be helpful in your growth as a trader. All members of this platform can use:
- Interactive course
- Webinars and video tutorials
- Recommended strategies by top financial analysts
Our Educational Materials
If you don’t want to be dependent on your broker, you can simply go through our wide range of educational materials we prepare and offer on xBinOp.com. Click a button below to see more!
OlympTrade on Social Media
Olymp Trade is one of the popular investing platforms that makes use of the social media. Social media platforms like Facebook and YouTube are used to the company’s advantage, and these platforms are used to distribute learning materials and resources to its members.
Traders and interested students of investing can watch live stream on Facebook, or join webinars that are hosted on YouTube. With the use of the platform and the availability of massive educational resources, we can say that the Olymp Trade is a helpful platform for all types of investors. Today, the website is considered home by more than 6.5 million users, and more than 20,000 traders are active on a daily basis.
OlympTrade - Review author
|✅ Website URL||www.olymptrade.com|
|✅ Trading Platform||Custom made platform|
|✅ Minimum 1st Deposit||$ 10|
|✅ Minimum Trade Amount||$ 1|
|✅ Maximum Trade Amount||$ 5000|
|✅ Bonus||FREE DEMO ACCOUNT|
|✅ Payout||82 % for Standard, 90 % for VIP accounts*|
|✅ Free Demo Account|
|✅ Regulation||Regulated by FinaCom|
|✅ Account Types||Standard (10-2000 USD Deposited), VIP (2000+ USD Deposited)|
|✅ Account Currency||USD, EUR, BRL|
|✅ US Traders Allowed|
|✅ Mobile Trading|
|✅ Tablet Trading|
|✅ Overall Score||4.9 / 5|
That is a surprisingly low threshold for getting VIP account at Olymp. I’ve learnt that VIP customers get better payout rates at Olymp, not only personal assistant. 92% or 82% seem to make not that big difference, but in fact it is a huge difference that these 10% make. Unfortunately I don’t have that much spare money yet. My plan is to turn my $500 into $2000 and become a VIP client this way 😉
Hi there. Its been apx 2 months now im trading with Olymp. I have no problem with Olymp so far. They have paid me for all the withdrawals so far on time. I had made apx 3000% profit within this period and all things are well. But the only problem i have with Olymp is the Trading limits. Whenever i try to execute trades with higher amounts, the account automatically get restricted. Then i wont be able to trade for cpl of days. When i tried to contact the Customer Care, they are asking me to trade with 1$-5$. But i want to give orders in 3 digits, and not one digit. Can some one help me to understand how to overcome this issue.
Can i conform that it will continusoly trade the account from different commedities ? and withdrawal amount should be initiating late to bank/card?
Hello am from Nigeria if I start trading with 10 dollars how much am I going to make as profit
Hi, this is Brayden (name changed). I have been trading with Olymp Trade for the past 41 days. My total investment is 73$. The best part is that I had already made my first withdrawal of 110$ and it got credited in my bank without any issues. So the best thing is that my capital is secured. Now I have $400+ in my account. I have ordered for a withdrawal of 150$, and its been 3 days now with a response from them that they are investigating my account to check if I have violated the law or not. Let them investigate if that is part of their process. I have no major complaints with Olymp so far. Some inconveniences are there everywhere. Even though I have secured my capital, I’m looking forward to make some profit and withdraw them. I’m currently working as a full-time trader. So ill be happy if things go well. My advice is that just study and understand the market and go ahead. Do not gamble. Demo trade first, and then invest a small amount and trade and learn with live money. Im in the forex industry for 12years. I’ll post a detailed review after 3 months of my usage with Olymp.
I come from Tanzania, I want to invest but I have no passport card
Don’t do it…..
Short answers for this question are not enough…
Let me give you brief about the realtime experience with olymp trade…-yes it may provide you some amount as winning amount in beginning…
But then after 3 4 wins and few losse ..
You cm to realise that… its actually a big hoax…you are fooled in the name of trading… you are simply playing bets for the trade going up or down….again , the app does every possible thing to catch you at your most vulnerable points of mobile usage like… screen lock, network loss, application switching and all other similar aspects… if you are in the middle of a trade and unfortunately your screen gets loked or so… when you switch on your screen, all your trades will be lost… this happened every single time when i had to lock my screen while trading.. infact i used to trade multiple bets in single go.. they all vanished without the trade being complited…
The same happens when you relode the app after app switching and network loss situation.
Also the app reads your psychology and trade behaviour and starts snatching money with altered algorithmic strategies.. at the end of the day… you will have nothing in your pocket…
In short.. beware..
They are big Cheaters…
Hello, do you have some bad personal experience or why you are saying this? 😉 Let us know. Thank you.
Olymp Trade works since 2014 and offers services in various markets. Personally, I have been working with them for 2 years and so far have not noticed any deception. I don’t know where you got it from, but it seems to me that either from slander on the Internet or from negative experience. If this is simply based on others thoughts, then this is bad, because you are simply misleading people. If you have a negative experience, then share trade does not offer guaranteed earnings or golden mountains to everyone, they offer a high-quality terminal and a set of tools for traders, as well as training for beginners. I am very sorry that often people perceive trading as a place where anyone can get rich, this is not so. But the brokers themselves are largely to blame, who in the 90s and 00s positioned trade as an opportunity to become rich. And many come to trade without learning, and then lose and blame respectable companies like Olymp trade. Just in order not to lose money, you need to study hard for a long time and not wait for millions on the first place.
Where to study and how to study olymp trade
You don’t know how to use trading
Hello, where is the market data source for the platform?
I’m trading on Olymp Trade already for more than a year. I will say honestly, fat the beginning the trading was going not very well until I took it seriously – before that, I was just gambling, like in the casino, and the result was correspondent. But during the last months I started to get the positive results, I increased my working capital and now I want to withdraw some profit.
Also, I wanted to ask if the card I was using to make a deposit is expired already, can I make a withdrawal to a different card?
Thanks for sharing your experience with OlympTrade. But – Nope, Aoajar, that won’t be possible. You will have to make a wire transfer or a withdrawal to some other e-wallet.
Want make trade from your app Olymp but don’t know how can i use it and how it works. So, i request u that can u send me some demo video or wizards of step for understanding the use of your App.
Thanks & Regards,
In the future, any possible to increase trade amount more than 5k?
olymp trade is actually the best platform and most reliable congrats
As I was about registering they said ” registration is not available in your country ” what does it mean
Richard, what country are you from and what country were you in when you tried to register?
I have won the 20$ in the month of April and till date I have not received the amount everytime they ask me for the bank statement and give to them but I think its a fraud comapany as I have still not received the said amount
Dear Rahul, did you go through the KYC process of verifying your identity? It is necessary to be done in order to be able to withdraw. Did you make the withdrawal successfully in the end? If not, can we help you?
Hello! We always withdraw money to traders. Don’t worry, after we receive the bank statement, we can require an official confirmation of your withdrawal from the payment aggegator. You can you it in your bank to trace the transaction. Best regards, Olymp Trade team.
Bank statement is the part of Know Your Customer procedure. Nothing to be scared of. Simply don’t provide your passwords and login information. Bank statement is not a secret information unless you wanna hide some purchases from your wife, lol. It can’t be used with for fraudulent manipulations with it.And yeah, withdrawals from Olymp go really smooth once you complete the verification, so I suggest you to invest some time and complete it.
How much can a person profit in a single day? Who are the biggest earners and how much amount do they profit in a day or month using olymp trade?
We offer a financial instrument, but the success of trading depends on you. The amount of profit is bounded only by your abilities. To trade successfully you need to analyze the chart and choose the proper time to open a deal. Take your time, study and practice, and then you will be able to trade successfully.
Best regards, Olymp Trade team.
pls is olymph trade available in Nigeria
read this article – https://xbinop.com/does-olymptrade-broker-accept-nigerian-traders/
You will find all the information here.
Have a nice day.
i have read a few things about the platform. but i could not open account to trade on demo
Each account has demo account and real account options under one ID. The chart is the same, but demo money can be used only for trainig, it can not be withdrawn.
Best regards, Olymp Trade team.
Hi can I use my atm visa debit card to deposit?
Dear Cheng, if the card issuer (your bank) lets you make online payments, then it should be alright. If you run into any problems, contact your bank.
Elow if im going to deposit using bitcoin do i stil have to verify my account.i dont have passport yet.i want to trade but im afraid i wont be able to widraw my account.
Alvin, I think you will need to be verified even for BTC withdrawals. I am not 100% sure, but my advice is: verify your account first. It is the safest way to do.
Verification must be completed upon receipt of the request by e-mail. If you did not receive a request, you can withdraw funds without confirming your identity. You can choose any withdrawal amount, the maximum withdrawal amount is limited only by your bank or e-wallet. The verification procedure does not depend on the amount of withdrawal.
Best regards, Olymp Trade team.
I heard withdrawal of profit has always been an issue.
I ve read so many comments on difficulties encountered while attempting to make withdrawal.
Is it really a scam
I don’t know what they say there, I have been trading with them for 4 years and so far there have been no problems. Delays may occur with payment systems, but the company usually tries to help and facilitate the task. Plus they are Finacoom members and if you have any problems, contacting them will be returned there up to $ 20,000 if the broker made a mistake and did not pay the deposit. And yes, don’t be guided by reviews, Olymp market leaders and their competitors order slander on them to occupy their market share.
Can I Join from Sri Lanka with Olymptrade and can I make the withdrawals from Sri Lanka
I have local currency Account in Naira I wanted making payment but is not going, what is the way forward?
That depends on your bank and what card you are using. I used zenithbank master card successfully.
Please i need to be clarified on this: if i am depositing through E-wallets, is it okay to deposit from any wallet of my choice?
Desmond, if the wallet is supported by Olymptrade (you can see it in the depposit methods) then you should be good to do so!
Hi, hope you doing well over there; is Olymp Trade is legal in Sri Lanka? if the answer is YES, then why the banks don’t allowed my visa and debit cards?
Dear Daein, does your bank allow your card to make online transactions? This might be the problem – check with your bank please.
Please how can it verify my account before depositing money to trade with
I invest 1000$ dollar’s in olymp trade please refund my money
what mean “invest”, you lost them by bad trades?
Let us know, thank you.
I’ve been trading here for already half a year. Started with $100, now it’s almost $200 🙂 Of course, that’s a very small profit for half a year, I know, but at least I’m trading into the black! My luck that I took the advice of those people who discouraged me from trading with a real account right away. Owing to them, I spent some time trading with a demo account – and lost plenty of virtual money:)) Fortunately, the real funds were intact. I switched to them as soon as I developed a proper strategy. All in all, I like trading on this platform, and I’m determined to learn doing this more professionally.
Hello! We are really pleased to hear about your success.It was a wise decision to start with training. Don’t forget about constant education and risk-management, and you will prosper. Wish you good luck!
Best regards, Olymp Trade team.
What card use in philippines can i use gcash
I’m not sure if you can use GCASH, but you can use credit/debit cards.
have a nice day
Hi This is Dr.Athsr.I am interested to be the part of olymp trade . I am have no idea regarding olymp trade.How can you help me.
with what you want to help? 🙂 Let us know.
Have a nice day.
Why is it so difficult to withdraw?
Hello, what do you mean “difficult”?
Let us know, thank you.
hi is it available in Oman
Hello, it should be possible 🙂
Let us know if you find more info.
Is Olymp Trade available in Kenya?
Hello Bravon, yes, OlympTrade is open for Kenya.
This is a detailed review! Thanks for providing information to brokers so that they may consider to trade with Olymp Trade. I trade there myself too and its been a good experience for me so far.
Trading on Olymp Trade already more than half a year. I like everything so far – the platform is easy to use and looks nice, works fast. If you are ready to trade different assets, not only EUR/USD, then you can always find something with a high payouts.
By the way, I have a question – are they going to increase the number of trading assets? Maybe new cryptocurrencies or American shares?
Dear Aligol, thanks for your question. To be honest, I do not know an answer to this, but my tip is that – yes, they are going to add more assets. If they want to keep up with other brands in the industry (like IQ Option, who always adds more and more assets).
I stick to the same idea, Olymp Trade really should extend their assortment of assets. I don’t think this will apply to cryptocurrency though – Olymp Trade has got plenty of it, unlike any other platform. But we’ll see. Anyway, Olymp Trade is constantly developing its platform and adding new assets, so I believe they will keep it up.
Hello! We will be grateful if you share which assets we lack of at the moment. It will help us to make the platform better for the benefit of our traders.
Best regards, Olymp Trade team.
i want to ask a question,must I verify my account before I can withdraw money, and must i follow the same process every time I want to withdraw money.
hi Michael – yes, you need to verify your identity before you can withdraw your money. It has to be done in order to protect withdrawing money to another person’s account. And once you verify, you should not be asked to do it again before the next withdrawal, but if you’ve verified more than 3 months ago, you might be asked to re-verify yourself just so it’s 100% sure all info is correct.
I have school ID and NIMC, can i use any?
Sorry Atolex, I don’t think they will accept school ID. Can you try with driving license, passport or maybe government ID card?
Hello there! We work only with of-age traders, so if you’re under 18 years old, you can not become our trader. We will be grateful to collaborate with you after you’re 18.
Best regards, Olymp Trade team.
does Olymp Trade available in Philippines.
Hi Ronnie, yes it is available in Philippines.
am from Nigeria. How can i start trading Olymp?
Dear Oluwole, just visit their website and follow the instructions to create a new account. You can start trading on demo if you wish.
I am from India and wanted to learn and work with olymp can you help me what is your customer support number in india
Dear Sameer, here at xBinOp.com we do not have any customer support. You can contact Olymp Trade directly on their website. Or you can look at this article OlympTrade in India.
Best regards, Step
Olymp Trade is a very convenient platform for making investments. Here, you can execute a deal with just a click, without having to figure out the platform complexities – for it is really that simple. Of course, you need to have some expertise of analyzing the charts and various economic indicators. That’s something you really should learn and practise, but actually that’s the same with any other area of activity. If you want to make big money, you have to work hard, that’s a basic rule. I can only encourage you by saying that analyzing the financial markets is really interesting! To me, trading is more of a hobby, I’m doing it for pleasure though I’ve already learnt to make money on it. If things go well, I might reconsider the whole thing more seriously, but so far I’m just enjoying what I do, that’s all!
Hi. I started trading with olymp trade 2018. Unfortunately I lost. 2019 I started again with $10. I did earn $9. So to try and confirm on withdrawals I withdrew $10 on 5th of this month up until now, my account has not yet been credited. Could the amount be too little for my bank or is it olymp trade. I was planning to keep on trading but now am not sure.
Dear Zainab, thanks for your comment. Is everything alright now? Did you try to contact the customer support? I can’t see whats going on in your account, I hope you understand. But the min. withdrawal amount is 10 usd so it should go through with no problem.
Hi, I too started started trading with 10 USD and built up my account to be a quite big one and I have withdrawn money a couple of times as well in case emergencies. You have nothing to worry, Olymp Trade has a good regulation policy and Olymp Trade is a member of the “A” category of the International Financial Commission regulator, they insure the deposit made by people. So, you have nothing worry, there might be delay, but you will get it to your account. You may also talk to the bank as well to confirm with them because sometimes banks hold funds as well for security purposes. I remember they held my first withdrawal for over 9 days.
Hi, what sort of tax fees are we looking at when we deposit from Malaysia and withdraw back to our local bank in Malaysia?
I would like to take that into consideration too as part of profit calculation.
Can I use paypal to deposit money??
No Andy, unfortunately that’s not possible at this moment.
What about Iranian people? Is it possible to register and trade.
Hi Moji, yes, that should be possible!
I am trying to deposit using visa card but indicating operational error.
Dear Tauno, where are you from?
yoah , people may talk what ever Rubbish m, but this is the best brooker that can make you grow it depends now on your determination . like me just at the begginning of this month i have to break through arldy olymp is the best . and dont be intimidated please , am vilho from Namibia and after just some hours of trading i have arldy concluded that this is the brooker ……..
am in Namibia can i use this brooker
Please, using naira credit cards. Are they going to convert the naira to dollar. Because I like to use naira credit card to make deposit if is possible. Thanks.
if I reach $2000 and I wanted to upgrade to VIP, does it means I will withdraw the money and deposit it back or can I upgrade it without withdrawing
Gideon I think it is necessary to DEPOSIT the amount of 2000 dollars to get the VIP access, you might be asked to withdraw and deposit again then.
It’s a good thing that they have a big facebook community. There are many clients of Olymp Trade constantly sitting there and you can exchange views with them, ask questions and just chat. The company is reliable and transparent. Obviously they are neither scammers nor kitchen experts.
Pls am new to the system and i’ve been trying to make a deposit but am not finding it so easy and i also need some help on how to transact,pls can someone put me through on this olymp trade.
Hello, what do you find difficult? It’s very simple. If you are from India follow this guide – https://xbinop.com/trading-binary-options-in-india-with-olymptrade/ also if you are from a different country, you can follow this, because it’s similar. Let us know if you need more help.
Please how many withdrawals can I do per day?
For example, I have 400$…can I withdraw 100$ in four places?
Dear David, yes you can. You should be able to do any number of withdrawals you wish.
how can i deposit Indian currency, since i dont have USD or EURO
Hello, just deposit in your currency and the broker will make an exchange, that’s it. Check your bank information about exchange rates to see what’s the conversion fee. Have a nice day.
Forex trading is also available on Olymp trade. This is an additional platform. In the menu you can switch between options and Forex. I don’t know if there is mobile version for Olymp, as it’s way more convenient to trade on the desktop version.
Since Olymp Trade does not charge commissions at all, HOW then DO THEY MAKE THEIR MONEY?
Hello, it’s trading, so… it’s pretty easy. Some people make money and some don’t so the people that make money gets money from people that lose money. That’s it, it’s same on the every stock trading.
J pro, i’m having issues depositing money on my olymptrade account. I’m depositing with a visa card and each time i try it keeps telling me failed operation even after i’ve imputed the otp sent to me.
Hello, that’s really weird. Maybe you don’t have active “internet payments” with this visa card. Check it with your local bank or in “internet banking” if you have. I really don’t know what can be the problem, I never had a single problem with depositing with visa card.
As a beginner I find Olymp trade bonuses extremely convenient. I drained my first deposit, but I was able to continue trading, without much success though. I drained the second deposit too, but was able to profit with bonuses and then withdrew the money. I’ve never seen anything like it!
Hello, thank you for sharing this interesting info!
J.pro, you cant say thank you while people are loosing. This is unfair
If possible, you would give him the wayforward.
What do you think it’s unfair? From his comment, I understood that he made money with OlympTrade and after he took his money, that’s all.
I liked the fact that you can deposit your account with bitcoin, it’s very convenient. It wasn’t quite clear how to withdraw the pairs I needed, but everything turned out to be very convenient, there is a panel on the platform for this.
Is Indian allowed to register with olymptrade? Forex trading is illegal in India.
Hello, I think that the broker OlympTrade doesn’t have SEBI regulations so you shouldn’t be able to trade with this broker in India. But you can try it, maybe it will be possible.
Try it and let us know if it’s working or not. Maybe the broker doesn’t have the license but I can still be possible to trade there.
J Pro, you said with mobile app one can trade forex and cryptocurrency and not binary option. Pls explain I don’t understand what you mean.
Hello, what do you mean? I can’t find any comment about the mobile app trading. Can you please give me more info?
Thank you Nnamdi.
please how do I subscribe the signals and incorporate the signals on olymptrade trading platform.
Hello, which signals do you mean? I’m not sure if there is any way how you can somehow integrate some signals in the platform.
Let us know more details, so we can help you. Thank you.
how do i get my olymp account verified
Hello, you need to send the necessary documents, and only after you will deliver them all they need, you are able to start trading with this broker.
It’s same as for any other broker, still the same.
Hello, the support told me that I should provide documents only on request. What does it mean and which documents they mean? Thanks.
Hello, thank you for your question.
You have already made a deposit and now you want to withdraw?
The broker is fine, I’ve recently got here, but I’ve already managed to appreciate its advantages. Their platform is really convenient, although a little bit unusual for me. I plan to switch to VIP, where the interest on payments is higher.
Hello Alex, we are happy to hear that you are satisfied with this broker 😉 Good luck!
The broker is fine, I’ve recently got here, but I’ve already managed to appreciate its advantages. Their platform is really convenient, although a little bit unusual for me. I plan to switch to VIP, where the interest on payments is higher.
The trading platform is cool indeed. Any actions are extremely convenient. Those, who prefer trading consciously, can conduct a technical analysis and trade options according to their strategy on any timeframes.
how do I deposit to my account with master card naira
I have the problem too
But I was directed to my bank branch to upgrade my bank account for international transaction which I did.
And it worked.
Maybe your account is a student account try upgrading it to a public one.
Hello 😉 Thank you for your help! So you just upgraded your account and it worked? That’s a good message from all the trades from the same country.
Let us please know if everything is working fine. Thank you.
Hello, it’s not working to you? I thought it should work as a normal master card or visa card.
If it’s now working let me know and I will ask on the iqoption support about it.
Waiting for your message.
I’ve been working with trading for a very long time, and I consider it to be one of the best brokers for today. It offers excellent conditions, I work with them with pleasure.
How do i use visa card to deposite money on the account.
Hello Daunes 🙂 It’s the same thing as with any other brokers. Have you ever deposited to any broker? Let us know, so we can help you.
Here is some general info about depositing to OlympTrade:
– Minimum deposit amount: $ 10. Deposit $ 2000+ to upgrade to a VIP Account.
Is trading possible in Mauritius?
Hi how i pay their deposit without cridet card
Dear Aftab, there are many ways you can take advantage of in order to deposit. You can use wire transfer, deposit in cryptocurrency, or use e-wallet systems such as Skrill or Web money.
How to use other country such as Pakistan
Hello Sufayan, I hope that you are doing well.
As I know the broker Olymp Trade should support accounts for people from Pakistan. Have you tried to register?
Let us know, so we can help you. Have a nice day.
OlympTrade is an excellent broker company. Concerning work with him, only positive feedback. In fact, trading left quite a good impression.
We are more than happy that your experience is good.
We wish you many other Succesful trades.
this platform is great.but many trader quation about withdrawal option.why?
Hello, I’m not sure. Almost all the feedback we did get about olymptrade is positive. Maybe they are not happy about that the minimum allowable withdrawal: $ 10, I really don’t know.
I believe that it is really quite profitable to work with an Olymp Trade broker. The interest is quite good, the profit is excellent.
Hello, we are more than happy that you have just a good experience with this broker.
If you have any questions regarding brokers platform or something else, let us know, so we can help you.
Excellent broker olymptrade, as for me. I started working with him relatively recently, but I liked the result. The money was withdrawn quickly enough, and the profit level turned out to be very good.
Hello, we are happy to hear that 😉 Keep it up Burn. Have a nice day.
The forex trading platform of olymp trade is in my opinion very convenient for trading. There’s everything you need, about 20 indicators and the technical analysis. You can custom the assets for yourself and make only those you trade with visible. The charts are easily scaled. It’s very easy to add assets to the chart, for example you can put a check on “shares”, and you will have an easy access to all the shares. The button “close all positions” is also very useful sometimes. Olymp trade is generally quite a good broker. I’ve never seen bonuses that don’t interfere with money withdrawing. If only they could add more cryptos, that would be just great!
Hello, thank you so much for your honest review. We are always happy to hear more reviews like this 🙂 Thank you once again! Have a nice day.
There is an active bonus now for 100% deposit. But you need to deposit $2k to the account and fill in a certain form for this. There’re sometimes promotions with promotional codes, by entering which you can get some interest to the account. You can also win a risk-free order in the lottery on social networks. Lotteries and easy contests are held there as well. Such orders are also provided on a VIP account.
Hello, I don’t think that the OlympTrade offer any bonuses, where did you get this information? Thank you for answer.
And what are the most interesting Olymp’s bonuses and how can you get them?
Hello, thank you for your answer. Binary options brokers can’t offer any bonuses since very long time ago. So the only thing you can count as a bonus is the free demo account that the broker Olymp trade offers.
uhmmm good day,i read alot of research online about olymptrade nd so many claimed dat olymptrade was a scam broker nd i read some comments which many claimed that the couldnt withdraw there funds from this particular broker…. Am really interested in this broker nd really wanna work with them but do u really think i should go ahead???
Hello Bernard, thank you so much for your question. We are trading with Olym Trade and we never had any problem with them – but that doesn’t mean it can’t happen. I think this broker is honest and worth of trying. The choosing process where to trde depends on what you expect, what money are you ready to invest, etc… Let us know if you need any help 😉
I’ve seen a lot of reviews about Olymp Trade in the Internet. There are more positive than negative ones. I have no reason to suspect their authors of slyness. But I’d rather join the first category and say that Olymp is a good broker. I can confirm this with all my trading experience on this platform. I’m already trading on the VIP account now, and I feel confident enough. I started with $10 min. one can trade and make funds withdrawal well with this broker. I do this regularly and there has never been a single failure. Actually, I don’t like bonuses, but it’s a sin not to use Olymp’s ones. They don’t cause any trouble, but add you profit.
Hello Schneider, we are more than happy to hear the next positive feedback about this broker. The real users reviews are really important because it can help people decide if they want to trade with the broker or not.
Once again, thank you.
Well I really like this option of binary with the olymp trade.and yes I signed in and I was able to get a demo account for learning which really helped me and am happy for the service. But my concern is that at first I was trading on forex USD/EUR but the next day when I logged in to make I deposit I found when my chart was now trading in bitcoin and it wasn’t my area of interest. But how can I get back to my forex trading platform bse I really need it.hope you reply me soon
Hi, there is a button in the upper area of the screen. You can open pretty much any asset in Olymp Trade!
hi please i am a newbie in trading online, but i really love to learn. can i have a link to a step by step guide on how to trade.
I have just invested $10 in Olymp Trade.
Hello, we don’t have any step by step guide how to trade. Binary options trading and the whole trading business is about learning how to trade. It’s not that easy how it maybe looks like to you. You should really be careful when you are trading. If you are starting I recommend you to read this tips for binary beginners – https://xbinop.com/binary-options-tips-for-beginners/
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