Olymp Trade Overview
Olymp Trade is an online forex ad binary options broker, was launched in 2014. The broker is regulated by the FinaCom (International Financial Commission) in February 2016.
Olymp Trade is owned and operated by Inlustris Ltd under this registration number 25161 IBC 2018. They offer more than 70 asset types including forex currency pairs, crypto, commodities, indices, and stocks.
This company registered address is James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines. Also, the Wallfort Limited registration No. is HE364695, official registered address is KPMG Center, 1-st floor, 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus.
|Broker Type||ECN/STP Forex Broker|
|Demo Link||Open Demo Account|
|Company||olymptrade.com domain belongs to and is managed by Inlustris Ltd.|
|Headquarter||KPMG Center, 1-st floor, 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus.|
|Regulation||Regulated by FinaCom|
|Phone||+357 25 030996|
|Website Lang||English, Indonesian, Malaysian, Portuguese, Russian, Spanish, Thai, Turkish, Vietnamese and More|
|Accept Us Clients||no|
|Account Currencies||USD, EUR, GBP and More|
|Promotions||100% Welcome Bonus Promotion, If you deposit $100 you will get $200.|
|No Deposit Bonus||No|
|Welcome Bonus||100% Welcome Deposit Bonus Promotion|
|Withdraw Options||Bank, Credit Card, QIWI, Neteller, Skrill, Webmoney and More|
|Account Funding Methods||Bank, Credit Card, QIWI, Neteller, Skrill, Webmoney and More|
|Other Trading Instruments||Yes|
|Min Deposit||$/£/€ 10|
|Type Of Spread||Fixed and even Negative|
|Minimum Spreads||0.3 pips|
|Lowest Spread On Eur Usd||0.3 pips|
|Precision Pricing||4 and 5 digits|
|Free Demo Account||Yes|
|Swap Free Accounts||Yes|
|Interest On Margin||Yes|
|One Click Execution||Yes|
Interactive customizable platform
Low minimal deposit
Regulation and security
As mentioned you already know that the Olymp trade is a regulated broker. As a FinaCom authority regulation, any unlawful acts are covered by up to $20,000. Currently trading with Olymp trade more than 25000 users.
Olymp trade offers clean and organize trading platform that easy to use. You will find all necessary thing on their trading platform. A trader can access the Olymp trade platform easily and via three unique ways:
Olymp trade website (web trader platform)
Desktop application available for mac and windows user
Smartphone application available for both Android and iOS user
Having the option to get to your trader from anyplace, account management and very faster trader execution the smart phone application is extremely suitable. This is particularly considering the site has practical experience in quick, momentary exchanges. Their portable mobile application is responsive and has similar capacities of the web and desktop version.
The Olymp Trade web based and desktop trading platform also easy to navigate. You can see the planning and sums nearby the diagram, making it simple to promptly get it. You will find very usable features and technical trading and analysis tools inside it. Also in the website platform, you can see multi-color trading charts and smart graph. You can customize the graph easily and open and close trade easily. Also, you will find some important user guide to executing along with a helpful chart. This type simple presentation and informative developed makes it user friendly and traders love it suspiciously.
The company provides Interactive features:
User friendly and customizable platform
One click trade execution
Sell options early
Free indicators and strategies
VIP Signals for high profit
Special features change between Digital Options and Forex Trading
Candlesticks Chart and
Countries and languages
Olymp Trade is an international broker and offers service following these regions:
North Africa and
But due to regulation and terms and conditions, Olymp Trade does not provide service in the United States, EU, UK, Australia, Canada, Japan, and Israel.
Olymp Trade provides support in the following these 10 languages:
Olymp Trade offers two different types of account:
This account advantage is the lower deposit you can open an account with $10 USD deposit, this is an exceptionally low amount. A trader can trade at least only $1 and a limit of $2,000. You can just make one withdrawal for a day, and the minimum withdraw is $10 and the withdrawals take up to 3 days to process.
The VIP account is for professional and expert trades, you have to deposit at least $2,000 to get the VIP account. Traders who wants to trade more than from standard account this account for their, this account allows trading $5000. This account gives extra benefits that the standard account doesn’t offer. Another tremendous advantage is access to a VIP specialist, they know as experienced consultants and financial analyst.
The payout is 82 % for Standard, 90 % for VIP accounts.
Olymp Trade offers a free demo account. After opening a demo account a trader will get 10,000 virtual coins for trade. We see sometimes professionals also use it to test their techniques.
Olymp Trade offers a number of instruments. Sometimes experienced traders want to trade multiple instruments. But beginners like and love to trade on a single asset. The broker offers more than 79 trading instruments these are:
36 currency pairs
10 indices and
Deposit and Withdrawal method
The company accepts deposits via the following methods and may vary with locations:
There are no fee and commission for deposit and the minimum deposit is only $10. Cryptocurrency, epayments are easy and faster, but international bank wire transfer takes more time from other and local bank transfer.
The withdrawal methods are the same as a deposit method and the minimum withdraw is $10. It may take 24 hours to 3 days for standard account withdraw and few hours for VIP account holders.
Olymp Trade has a comprehensive educational resource. You will find on their website: video tutorial, articles, trend indicators, oscillators, strategies, and webinars.
For beginners: Strategy based trading, familiarity with the world of finance and Psychology.
For Professional: Original trading strategies, capital management, and webinars
The VIP account holders will get a personal consultant.
Olymp Trade Awards
Olymp Trade steadily growing and improving, achieved awards are:
Best Financial Broker CPA Life Awards 2017 The Fastest Growing Broker ShowFx World 2016, Innovative broker IAFT Awards 2017, Best Trading Platform 2018 The Forex Awards, traders FB community in Thailand Traders Fair 2018 and more.
Olymp Trade offers customer service 24 * 7 via live chat, contact box, phone, and email. The FinaCom guarantees to good support by regulation. This company support methods are the following:
Hotline: +27 (21) 1003880 Cape Town, South Africa and +54 (11) 59175747 Buenos Aires, Argentina, +357 (2) 5030996 – Nicosia, Cyprus, +234 (1) 2279021 – Lagos, Nigeria, +66 (2) 026-03-56 – Bangkok, Thailand Available 24 * 7.
E-mail: [email protected] response back within 1 business day
Website: Online live chat support and contact box