Olymp Trade

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Leverage 1:500
Minimum Deposit $10
Regulation FinaCom
Year Established 2014
Payment Methods Bank Transfer, Credit/Debit Cards, Skrill, Neteller, WebMoney
Trading Assets Forex, Commodities, Indices, Cryptocurrencies, Stocks
Spreads Low
Average cost: EUR/USD 0.5 pips
Demo Account
Islamic Account
EAs/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Contact Information Email: [email protected], Phone: +44 20 3318 7173
Address 103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles
Rating ★★★★☆ 4.2

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Article Content

Pros and Cons

  • Low minimum deposit
  • Wide range of payment methods
  • User-friendly platform
  • Comprehensive educational resources
  • 24/7 customer support
  • Limited regulatory oversight
  • No ZuluTrade support
  • Withdrawal limits on certain accounts
  • Higher spreads on exotic pairs
  • Limited advanced trading tools


Olymp Trade is a prominent online trading platform that has become a preferred choice for many traders globally since its inception in 2014.

This comprehensive review aims to provide a detailed analysis of the platform, including its features, trading instruments, customer support, regulatory status, and more.

The goal is to offer a thorough understanding of what it offers and how it stands out in the competitive landscape of online trading.

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Company Overview

Background and History

Founded in 2014, Olymp Trade has grown significantly, positioning itself as a trusted name in online trading.

The platform is managed by Saledo Global LLC, located in St. Vincent and the Grenadines.

It operates under the regulatory oversight of the International Financial Commission (FinaCom), ensuring adherence to high service standards and providing client protection through a compensation fund.

Global Reach and Language Support

Olymp Trade boasts an extensive global reach, catering to traders from over 130 countries.

The platform is multilingual, supporting languages such as English, Russian, Thai, Portuguese, Spanish, French, Korean, Arabic, and many more.

This linguistic diversity ensures that users from different regions can engage with the platform in their native languages, enhancing their trading experience.

Key Statistics

The platform’s popularity is evident from its impressive statistics:

  • 88M+ Trader Accounts: Demonstrating a large user base.
  • 30M+ Monthly Transactions: Highlighting high trading activity.
  • $16M+ Average Monthly Payouts: Reflecting significant trader earnings.
  • $211M Monthly Trade Turnover: Indicating a robust trading environment.

Trading Instruments

Olymptrade offers a wide array of trading instruments, allowing users to diversify their portfolios and explore different markets.

Forex Trading

Forex trading is one of its core offerings.

The platform provides access to numerous currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.

This wide selection caters to both conservative and risk-seeking traders.

The platform supports different trading strategies, such as scalping, day trading, and swing trading, making it versatile for various trading styles.


Olymp Trade allows traders to buy and sell stocks from major companies worldwide.

This feature enables users to invest in the equity markets and benefit from price movements of well-known corporations.

The platform offers a straightforward interface for stock trading, making it accessible for both new and experienced traders.

Fixed Time Trades (FTT)

Fixed Time Trades are a distinctive feature of Olymptrade, offering a simple and intuitive way to trade.

In FTT, traders predict the price movement of an asset within a specified timeframe, ranging from one minute to several hours.

This trading mode is ideal for beginners due to its straightforward nature and predefined risk and reward structure.

Commodities and Indices

This broker provides access to trading in commodities such as gold, silver, and oil, and major indices like the S&P 500, NASDAQ, and Dow Jones.

Trading these instruments allows users to hedge against market volatility and diversify their investment portfolios.


With the increasing popularity of digital currencies, it also includes cryptocurrencies in its list of tradable assets.

Users can trade popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

This inclusion caters to traders looking to capitalize on the volatility and potential high returns of the crypto market.

Comparative Table of Trading Instruments

InstrumentExamplesTrading ModeTarget Audience
ForexEUR/USD, GBP/USD, USD/JPYSpot, MarginAll traders
StocksApple, Google, AmazonSpotInvestors, long-term traders
Fixed Time TradesVarious assetsFTTBeginners, short-term traders
CommoditiesGold, Silver, OilSpotHedgers, diversified investors
IndicesS&P 500, NASDAQ, Dow JonesSpotPortfolio diversifiers
CryptocurrenciesBitcoin, Ethereum, LitecoinSpotRisk-tolerant traders

Trading Platforms

Olymptrade offers multiple trading platforms to cater to the diverse needs of its users.

Each platform is designed to provide a seamless trading experience, whether users are trading from a desktop or on the go.

Web Platform

Their web platform is highly intuitive and user-friendly.

It provides a range of tools and features suitable for both novice and experienced traders.

Key features include:

  • Advanced Charting Tools: Multiple chart types, technical indicators, and drawing tools for detailed market analysis.
  • Customizable Interface: Users can tailor the layout, color scheme, and display settings to suit their preferences.
  • Real-Time Data: Live price feeds and market news keep traders informed of the latest market developments.

Mobile Apps

Olymptrade offers mobile apps for both Android and iOS devices, ensuring that traders can manage their accounts and execute trades from anywhere.

The mobile apps are optimized for performance and user experience, featuring:

  • Smooth Navigation: Easy access to trading tools and account management features.
  • Push Notifications: Alerts for market movements, trade executions, and other important updates.
  • Security Features: Biometric login options and secure transaction processes.

Desktop Platform

For traders who prefer a more robust trading environment, it provides desktop applications for Windows and macOS.

The desktop platform offers enhanced features, including:

  • Faster Trade Execution: Reduced latency and quick response times.
  • Advanced Analytical Tools: Comprehensive technical analysis tools and customizable charts.
  • Stable Performance: Reliable and consistent performance for intensive trading activities.

Comparative Table of Trading Platforms

PlatformFeaturesBest For
Web PlatformAdvanced charting, customizable interface, real-time dataAll traders
Mobile AppsSmooth navigation, push notifications, security featuresOn-the-go traders
Desktop PlatformFaster trade execution, advanced analytical tools, stable performanceSerious traders, technical analysts

Account Types

Olymptrade offers different account types to cater to the varying needs and experience levels of traders.

Each account type provides unique benefits and access to specific features.

Demo Account

The demo account is a free feature that allows users to practice trading with $10,000 in virtual funds.

This account type is ideal for beginners who want to learn the basics of trading without risking real money.

It is also useful for experienced traders who wish to test new strategies in a risk-free environment.

Standard Account

The Standard Account requires a minimum deposit of $10 and provides access to all trading instruments and features on the platform.

This account is suitable for most traders, offering:

  • Low Minimum Trade Amount: Start trading with as little as $1 per trade.
  • Full Access to Trading Instruments: Trade Forex, stocks, commodities, indices, and cryptocurrencies.
  • No Deposit or Withdrawal Fees: Maximize your profits without worrying about additional costs.

Islamic Account

The Islamic Account is designed for traders who adhere to Islamic principles.

This account type complies with Sharia law by not charging swap or interest fees on overnight positions.

It provides the same features as the Standard Account but without any interest-bearing activities.

Expert Account

The Expert Account is tailored for advanced traders who require additional features and benefits.

To qualify for this account, traders need to deposit a minimum of $2,000.

Benefits include:

  • Higher Payout Rates: Increased profitability on trades.
  • Personal Account Manager: Dedicated support and personalized trading advice.
  • Exclusive Trading Strategies: Access to advanced strategies and insights.

Comparative Table of Account Types

Account TypeMinimum DepositKey FeaturesBest For
Demo Account$0$10,000 virtual funds, practice trading, test strategiesBeginners, strategy testing
Standard Account$10Low trade amounts, full access to instruments, no feesMost traders
Islamic Account$10Complies with Sharia law, no swap/interest feesMuslim traders
Expert Account$2,000Higher payouts, personal account manager, exclusive strategiesAdvanced traders
Get up to 50% bonus

Fees and Commissions

Understanding the fee structure is crucial for traders to maximize their profitability.

Olymptrade offers competitive fees, ensuring cost-effective trading.


Olymp Trade charges competitive spreads on its trading instruments.

For example, the average spread for the EUR/USD pair is approximately 0.5 pips.

These low spreads make trading more affordable, particularly for high-frequency traders.

Deposit and Withdrawal Fees

One of its significant advantages is its no-fee policy for deposits and withdrawals.

Traders can deposit and withdraw funds without incurring additional costs, allowing them to keep more of their profits.

Inactivity Fee

Olymp Trade charges an inactivity fee of $10 per month if an account remains dormant for more than 180 days.

This fee is designed to encourage active trading and ensure that unused accounts do not remain idle indefinitely.

Comparative Table of Fees

Fee TypeAmountDescription
Spreads0.5 pips (EUR/USD)Competitive spreads for various trading instruments
Deposit Fee$0No charges for depositing funds
Withdrawal Fee$0No charges for withdrawing funds
Inactivity Fee$10/monthCharged if the account is inactive for more than 180 days

Customer Support

Effective customer support is essential for a smooth trading experience.

The company excels in providing robust customer support to its users.

Availability and Accessibility

Olymptrade offers 24/7 customer support to ensure that traders can get assistance whenever they need it.

The support team is accessible through multiple channels, including:

  • Email Support: Traders can send their queries to [email protected].
  • Phone Support: Direct support via phone at +44 20 3318 7173.
  • Live Chat: Instant support through the platform’s live chat feature.

Multilingual Support

Recognizing its global user base, it provides customer support in multiple languages.

This multilingual support ensures that traders from different regions can communicate effectively with the support team in their native language, enhancing the overall support experience.

Educational Resources

Olymp Trade is committed to educating its traders.

The platform offers a wide range of educational resources to help traders strengthen their skills and make informed trading decisions.

These resources include:

  • Video Tutorials: Step-by-step guides on using the platform and understanding trading concepts.
  • Webinars: Live sessions with experienced traders and market analysts covering various trading topics.
  • Articles: In-depth articles on market analysis, trading strategies, and financial news.
  • Trading Strategies: Access to tested trading strategies that traders can implement in their trading activities.

Security and Regulation

Regulatory Status

The company is regulated by the International Financial Commission (FinaCom), providing a level of security and trust for traders.

FinaCom ensures that the platform adheres to strict standards of service and offers protection through its compensation fund.

This regulatory oversight is crucial for ensuring the platform operates transparently and ethically.

Security Measures

Olymptrade employs advanced security measures to protect user data and funds.

These measures include:

  • SSL Encryption: Secure Socket Layer (SSL) encryption to protect sensitive information during transactions.
  • Two-Factor Authentication (2FA): An additional layer of security to prevent unauthorized access to user accounts.
  • Regular Security Audits: Continuous monitoring and regular audits to ensure the platform’s security infrastructure is robust and up-to-date.

User Experience

Platform Usability

Olymptrade is renowned for its user-friendly interface, making it accessible to traders of all experience levels.

The platform’s layout is clean and organized, with essential tools and information readily accessible. Key usability features include:

  • Easy Navigation: Intuitive menu structure and quick access to trading tools.
  • Customization Options: Ability to tailor the interface to individual preferences.
  • Interactive Tutorials: Onboarding tutorials to help new users get started quickly.

Performance and Reliability

The platform ensures fast trade execution and minimal downtime, which is crucial for traders who need to react quickly to market changes.

The mobile and desktop apps are optimized for performance, providing a seamless trading experience across all devices.

Promotions and Bonuses

Olymp Trade offers various promotions and bonuses to attract new traders and reward existing ones.

These promotions enhance the trading experience and provide additional value to users.

Welcome Bonuses

New traders can take advantage of welcome bonuses offered.

These bonuses may include deposit bonuses, where the platform matches a percentage of the initial deposit, and risk-free trades, allowing traders to make a certain number of trades without risking their capital.

Loyalty Programs

Olymptrade has a loyalty program that rewards active traders.

The program offers various benefits, such as higher payout rates, personal account managers, and exclusive trading strategies.

Traders can earn loyalty points through their trading activities, which can be redeemed for rewards.

Competitions and Contests

To engage its user base, the broker frequently hosts trading competitions and contests.

These events offer traders the chance to win cash prizes, bonuses, and other rewards.

Participating in these competitions can also provide valuable trading experience and foster a sense of community among traders.

Educational Content

Trading Academy

Its Trading Academy is a comprehensive resource for traders looking to enhance their knowledge and skills.

The academy offers courses on various trading topics, from basic concepts to advanced strategies.

The content is presented in a structured format, making it easy for traders to follow and learn at their pace.

Webinars and Live Events

The broker regularly conducts webinars and live events to provide real-time education and market insights.

These sessions are hosted by experienced traders and market analysts, covering a wide range of topics, including market analysis, trading strategies, and risk management.

Webinars are interactive, allowing traders to ask questions and engage with the presenters.

Blog and Market News

Their blog is another valuable resource for traders.

It features articles on market trends, trading tips, and in-depth analyses of various trading instruments.

The blog is updated regularly, ensuring that traders have access to the latest information and insights.

Additionally, the market news section provides real-time updates on economic events and market developments, helping traders stay informed.

Comparative Table of Educational Resources

ResourceContent TypeBest For
Trading AcademyStructured coursesAll traders
WebinarsLive, interactive sessionsTraders seeking real-time insights
BlogArticles, market newsTraders looking for latest information
Market NewsReal-time updatesTraders focusing on fundamental analysis

Social Trading and Community

Copy Trading

Olymptrade offers a copy trading feature that allows traders to follow and copy the trades of successful traders.

This feature is particularly beneficial for beginners, as it provides an opportunity to learn from experienced traders and potentially profit from their strategies.

Copy trading also fosters a sense of community and collaboration among traders.

Social Media and Forums

The company has an active presence on social media platforms like Facebook, Instagram, Twitter, and YouTube.

These channels provide traders with updates, educational content, and the opportunity to engage with their community.

The platform also has dedicated forums where traders can discuss strategies, share experiences, and seek advice from fellow traders.

Comparative Table of Social Features

FeatureDescriptionBest For
Copy TradingFollow and copy trades of successful tradersBeginners, collaborative traders
Social MediaUpdates, educational content, community engagementAll traders
ForumsDiscussion of strategies, sharing experiencesTraders seeking peer advice

Trading Tools and Features

Charting Tools

Olymptrade offers a range of charting tools to help traders analyze the markets.

These tools include various chart types (line, candlestick, bar), technical indicators (moving averages, RSI, MACD), and drawing tools (trend lines, Fibonacci retracements).

The platform’s advanced charting capabilities enable traders to conduct detailed technical analysis and make informed trading decisions.

Trading Signals

To assist traders in making profitable trades, Olymptrade provides trading signals.

These signals are generated by professional analysts and are based on technical and fundamental analysis.

Traders can use these signals to identify potential trading opportunities and enhance their trading strategies.

Economic Calendar

The economic calendar is an essential tool for fundamental analysis.

It provides a schedule of upcoming economic events, such as central bank meetings, employment reports, and GDP releases.

Traders can use this information to anticipate market movements and plan their trades accordingly.

Risk Management Tools

Risk management is a critical aspect of trading, and Olymp Trade offers several tools to help traders manage their risk effectively.

These tools include stop-loss and take-profit orders, which allow traders to set predetermined levels at which their trades will be closed automatically.

Additionally, the platform offers trailing stop orders and negative balance protection, ensuring that traders do not lose more than their account balance.

Comparative Table of Trading Tools

ToolDescriptionBest For
Charting ToolsVarious chart types, technical indicators, drawing toolsTechnical analysts
Trading SignalsSignals based on technical and fundamental analysisTraders seeking guidance
Economic CalendarSchedule of upcoming economic eventsFundamental analysts
Risk Management ToolsStop-loss, take-profit, trailing stop ordersAll traders

Financial Performance and Metrics

Monthly Transactions and Turnover

Olymptrade processes over 30 million transactions each month, with a monthly trade turnover of $211 million.

These figures highlight the platform’s popularity and the high level of trading activity it supports.


Olymp Trade boasts an average monthly payout of $16 million to its traders.

This substantial payout reflects the platform’s ability to generate profits for its users and its commitment to providing a fair trading environment.

Comparative Table of Financial Metrics

Monthly Transactions30M+High level of trading activity
Monthly Trade Turnover$211MRobust trading environment
Average Monthly Payout$16MSignificant trader earnings

Regulation and Compliance

Regulatory Body

The company is regulated by the International Financial Commission (FinaCom).

This regulatory body provides an additional layer of security for traders, ensuring that the platform operates transparently and adheres to strict standards of service.

FinaCom also offers a compensation fund of up to $20,000 per claim, providing financial protection to traders in case of disputes.

Compliance and Legal Information

Olymp Trade operates in compliance with international financial regulations.

The platform’s legal information, including its terms of service and risk disclosure, is readily available on its website.

This transparency helps build trust with traders and ensures that they are aware of the risks and responsibilities associated with trading.

Comparative Table of Regulatory Features

Regulatory BodyInternational Financial Commission (FinaCom)Ensures transparency and strict service standards
Compensation FundUp to $20,000 per claimFinancial protection for traders
Compliance DocumentsTerms of service, risk disclosureBuilds trust and ensures awareness

Prospective Future Developments

Technological Advancements

As technology continues to evolve, it is likely to integrate new features and tools to enhance the trading experience.

This could include advancements in artificial intelligence and machine learning, which can provide more accurate trading signals and personalized trading strategies.

Market Expansion

Their commitment to supporting traders from over 130 countries indicates a potential for further market expansion.

The platform may continue to increase its global reach, offering more localized support and services to cater to the diverse needs of traders worldwide.

Regulatory Enhancements

While the company is currently regulated by FinaCom, the platform may seek additional regulatory approvals from other reputable financial authorities.

This would enhance its credibility and provide greater security for traders.

Comparative Table of Future Developments

DevelopmentPotential ImpactBenefit
Technological AdvancementsEnhanced features and tools, AI and ML integrationMore accurate signals, personalized strategies
Market ExpansionIncreased global reach, localized supportBetter service for diverse traders
Regulatory EnhancementsAdditional regulatory approvalsEnhanced credibility and security


Olymp Trade is a comprehensive and user-friendly trading platform that caters to traders of all experience levels.

With a wide range of trading instruments, competitive fees, robust educational resources, and a strong focus on customer support, it provides a reliable and efficient trading environment.

Its commitment to regulatory compliance and continuous improvement makes it a trustworthy choice for traders looking to achieve their financial goals.

In summary, Olymptrade stands out in the online trading industry due to its:

  1. Wide Range of Trading Instruments: Forex, stocks, commodities, indices, and cryptocurrencies.
  2. User-Friendly Platforms: Web, mobile, and desktop platforms with advanced charting tools and customization options.
  3. Comprehensive Educational Resources: Trading Academy, webinars, blog, and market news.
  4. Robust Customer Support: 24/7 multilingual support through email, phone, and live chat.
  5. Regulatory Compliance: Regulated by FinaCom with additional security measures.

Whether you are a beginner looking to start your trading journey or an experienced trader seeking advanced tools and features, it offers a versatile and supportive platform to meet your needs.

Visit official website: www.olymptrade.com


Is Olymp Trade regulated?

Yes, the company is regulated by FinaCom, an independent regulatory organization.

What is the minimum deposit?

The minimum deposit is $10.

What trading platforms are available?

Olymptrade supports MT4 and MT5 trading platforms.

Does it offer a demo account?

Yes, Olymptrade offers a demo account for practice trading.

Are there any withdrawal fees?

No, the broker does not charge any withdrawal fees.

Can I use automated trading tools?

Yes, it supports EAs/Robots for automated trading.

What customer support options are available?

Olymp Trade offers 24/7 customer support through email and phone.


User Reviews

“I’ve been using Olymp Trade for over a year now, and my experience has been mostly positive. The platform is very user-friendly, which makes it easy to navigate and trade. Customer support is available 24/7, and they’ve been very responsive whenever I’ve had an issue. My only gripe is that the spreads on exotic pairs are higher compared to other brokers I’ve used. Overall, it’s a solid platform for beginners and experienced traders alike.”
John Smith
“Olymp Trade has been my go-to broker for the past six months. The low minimum deposit was what initially attracted me, and I’ve been pleased with the overall service. The educational resources are comprehensive and have helped me improve my trading skills. Withdrawals are processed quickly, and I’ve never faced any issues with them. However, I wish they supported ZuluTrade. That would have made it perfect for me.”
Emily Johnson
“I appreciate the variety of payment methods it offers. It makes funding my account and withdrawing profits very convenient. The demo account was beneficial for getting a feel of the platform before I started trading with real money. The customer support team is friendly and efficient. My only concern is the limited regulatory oversight. While FinaCom is good, I would feel more secure with additional regulatory backing.”
Michael Lee
“Their platform is great for new traders like me. The interface is intuitive, and the educational resources are invaluable. I also like that they offer both MT4 and MT5 platforms. The spreads are low, and I’ve had no issues with deposits or withdrawals. The only downside is the withdrawal limits on certain accounts, which can be a bit restrictive if you’re dealing with larger sums.”
Sarah Brown
“I’ve tried a few brokers, and Olymptrade stands out for its customer service and platform usability. The leverage options are decent, and the overall trading experience has been smooth. My trades are executed quickly, and I’ve had no major issues. The lack of ZuluTrade support is a downside for me, but the copy trading feature is a nice touch. I’d recommend it to both new and seasoned traders.”
David Wilson
“Olymp Trade offers excellent customer support and a user-friendly platform. The educational resources have been a huge help in learning about different trading strategies. I like the range of assets available for trading, and the demo account was perfect for practicing before going live. My only complaint is the higher spreads on exotic currency pairs. Despite that, it’s been a reliable broker for me.”
Emma Davis
“The best thing about Olymp Trade is the ease of use. The platform is straightforward, and I was able to start trading almost immediately. The customer support is available round the clock, and they’ve been helpful with my queries. The only drawback is the limited advanced trading tools, but for someone who prefers simplicity, it’s perfect. The low minimum deposit and wide range of payment options are definite pluses.”
James Martinez

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Last updated: June 11, 2024