OlympTrade

Overview

Rank
8.19/10
Based on 83 Reviews
Position in Rating
3
Since 31 March, 2017
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (83) «Scam Alert» 0% (0)
Official Name
OlympTrade
Offices in
Cyprus, Seychelles
Year founded
2014
Official Website
Official e-mail
Phone numbers
+357 25030996
 

OlympTrade is an international brokerage company that provides its customers binary options trading service. The company began its trading activities in 2014 in Russia and CIS countries, after that it expanded to global business. The broker accepts deposits in all major currencies of the world, as well as in Russian rubles. OlympTrade uses a proprietary trading platform that is adapted to different screen resolutions. Also the broker provides training content for beginners who are unfamiliar with the market of Binary Options: video lessons, books, webinars.

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Detailed Information

Bonuses, %:
50
Payouts, %:
90
Minimal deposit is, $:
1
Maximum deposit is, $:
50000
Payment Options:
WebMoney, QIWI, Neteller, Skrill (Moneybookers), Visa \ MasterCard, Yandex Money
Regulation:
IFSC
US Traders:
-
Demo Platforms:
Own platform
Website Languages:
English, Spanish, Russian, Portuguese, Indonesian, Turkish
Support Methods:
Phone, Email, Live chat, Office

OlympTrade Reviews

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10 October, 2019

Krishna Viswanathan from India

10

If you are looking for a broker to trade options, then probably you need to check out Olymp trade. I learned the name of the broker from some educational videos found on Youtube. Olymp often issues such videos to explain some trading strategy or specific indicators. Simple moving average, parabollic, RTS, other indicators and strategies of various kinds based on these tools. People often get interested in financial markets as a source of so called easy-money. They are not easy at all. Glad that my broker works on busting this myth about easy money and gives its customers an idea that you’ve got to stick to some trading strategy and be able to execute it properly in order to succeed. Options payout rates on most popular assets are around 80-90%, which I think is very nice. There are some assets with low payout rates but most likely you won’t want to trade them anyway because of their low liquidity. There are some nice tools in a platform, indicators, tons of tradable instruments. That all keeps me completely satisfied with Olymp.

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27 September, 2019

Connano from Indonesia

9

I'm so glad to have switched from Forex market to options! At present, I'm trading on Olymp Trade platform which is totally cool to me. Of course, Olymp Trade also has a Forex platform, but my primary interest is options and all this stuff. I believe that's a great asset, a very simple and efficient one. First of all, with its help you can make money literally in a couple of minutes - doesn't it sound fantastic? Plus, Olymp Trade provides very favourable conditions, due to which you can open orders with duration from 1 minute, and with a payout rate of as much as 83%. Of course, there are some nuances, and one has to treat the trading business seriously in order to succeed. But I've got a hella lot of Forex experience, and believe me - after this market, the options seem really simple, much like the analysis I have to conduct for opening them. I've just adapted my Forex-system to options - and strange enough, it appeared to be lots more efficient in this field ;)

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23 September, 2019

Binod Nanda from India

10

I wish I could remember now why I've chosen Olymp to trade options. Right now I only know why I stay with them. Trade commissions are very transparents here. Ho hidden fees or anything. I've tried a few different brokers throughout these 3 years that I've been trading with OT as well, so I know what I am talking about. When I traded somewhere else (don't want to mention these companies here), each time I got a very unpleasant surprise that took my profits down. Here at Olymp you simply have to remember that there is an overnight fee as well and you'll never get a bad surprise about it. That's the most important thing, if you ask me.

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15 September, 2019

Phi Le from Vietnam

10

I’m 18 and couldn’t wait to open a trading account. There are some suspicious brokers on the internet who don’t really care if their customers are under 18 or not. I consciously avoid them. My friend has recommended Olymp, because their business is regulated with some financial commission. I checked the information and has also found out that this broker’s customers’ deposits are insured. So in case Olymp goes bankrupt, we get the money back (fingers cross I don’t have to deal with this option, but good to know). My friend, who’s been trading for over 2 years now has also given me an advice to start with a demo account. Glad I did follow the advice! I don’t really understand people who say that they immediately started making millions on demo. I couldn’t even get stable profits on my demo so far. Once I can get a sustainable gain on demo, I’ll fund my account at Olymp with couple hundred bucks. Their platform is good, there are plenty of pairs to trade, entry threshold is very low, not even mentioning that you can always use practice account.

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09 September, 2019

Cody Abernathy from Singapore

9

Hello, I would like to write a detailed review of the company. I cannot but note that my development as an options trader began precisely with Olymptrade. Here I started with a minimum deposit half a year ago. I also tried some other brokers, but they did not hook me. I encountered problems in the trading process only twice. At first, I tried to trade on options with short-term expiration, but the use of quotes bothered me. Then I switched to TF15 trading system with the 3 candle charts expiration and was able to trade more confidently and freely. I didn’t encounter any problems with the withdrawal either. The maximum delay was about 12 hours, and then I got my money. I can’t say that the broker is perfect since there are no perfect things in our world. But for beginners, both a demo and a live account are great. The minimum deposit is 10 dollars, so it really suits for newbies. But still, I recommend trying a demo account first. Thank you for your attention, and I wish you to succeed! :)

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26 August, 2019

Samar Vallie from India

10

I was very inspired to trade after the Wall Street movie. I read a lot of books on the topic of trading. I think the best book for beginners is Murphy's Technical Analysis. I highlighted important information with markers and studied the graphs very carefully. I believe that only with this approach can you succeed in trading. My first trading platform is OlympTrade. I have been trading here for 3 years and do not want to look for another broker.

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12 August, 2019

Shaan from India

10

I just got lucky with Olymp Trade. When I got interested in investments on the internet and started to look for the platform, I just came across Olymp Trade advertisement and decided to try. I’, still trading on this platform, because I’m happy with everything. Since the moment I started to trade on real account many things have changed, I changed a few strategies, improved my results, made a few withdrawals. The platform didn’t let me down for all this time, that’s why I trust both the company and the platform.

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09 August, 2019

Febos from Greece

9

Recently it's been 2 years that I've been trading on financial markets, and 1,5 years on Olymp Trade platform. Today I can say for sure that it was worth it. Yes, it was worth switching to Olymp Trade from my previous broker after half a year of work, in order to receive way more favourable conditions, and surely worth continuing to trade even though I had been trading in the black for several months in a row and had almost lost my deposit by then... Such things teach many lessons. And when you finally get out of the crisis and start earning, it seems like you've become omnipotent. Of course, you should be careful with courage - otherwise, being driven by emotion, you can make lots of mistakes. But success empowers people - not only in trading but in life as well. I guess entering the trading world is one of the best things I've done on my life. And I'm gonna keep on doing it and moving even further along, to the bigger money together with OLymp Trade! ;)

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24 July, 2019

Chnicari from Russian Federation

10

Olymp Trade is an awesome platform, with good conditions and smooth execution of orders. Besides that, it's a large and respectable company, so there's no need worrying about the withdrawal. I've chosen Olymp Trade exactly by these criteria. At present, I make withdrawals on a regular basis. I've learnt from my own experience how fast Olymp Trade works, so I'm not freaking out anymore. However, when you still don't have any personal experience, you can only rely on such factors as reputation and reviews on the Internet. I've studied both, and finally opted for Olymp Trade. Looking back, I can say it was the only right choice.

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17 July, 2019

Paulus from Netherlands

10

I've closed 2 deals in EUR/USD today, both in the black. I've grown my deposit almost twice! Dudes, don't follow my example, really :)) Seriously, I thought my heart was about to explode when I was waiting for the results of the deal. Even though the signal was unmistakable, but still... that's not the way to do it. Actually, I do know about the money management and all those things. I just wanted to achieve some really impressive results. In the last 3 months I had almost no profits at all. Well, I did raise it by 20% in May, but then in June it was nearly in the red overall. So I just really missed big money. But nah, I won't do that again. The key point is, eventhough you've raised some money, you realize that's nothing but an episode. In order to make money systematically and have a stable income, one has to stick to the system. All I have to do is develop some forbearance :) But anyway...that was real cool :))

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