Olymp Trade Review 2025

Are you looking for the latest Olymp Trade review?

Well, I am here to tell you everything you need to know.

I have been using this platform for over 7 years now.

I don’t always win though. Check it out.

Olymp Trade is an online broker that offers a variety of trading instruments, including Forex, stocks, and cryptocurrencies.

The platform is known for its user-friendly interface and wide range of educational resources.

Olymp Trade claims their site is easy to use and navigate, reliable and secure.

They also state they have a wide variety of trading instruments available.

In this comprehensive review, we will take a look at Olymp Trade’s platform, fees, and customer support to help you decide if it is the right broker for you.

Table of Contents

What is Olymp Trade?

Olymp Trade is an online broker that offers a variety of financial instruments for trading, including:

Forex: Currency pairs like EUR/USD, GBP/JPY
Stocks: Shares of companies like Apple, Tesla
Commodities: Gold, oil, etc.
Cryptocurrencies: Bitcoin, Ethereum, and more
Indices: Track the performance of major stock markets

They’re known for their user-friendly platform, which is available on both desktop and mobile.

But is that enough to make them a winner in the crowded world of online trading?

Let’s dive deeper.

Olymp Trade Pros and Cons

Every platform has its strengths and weaknesses. Here’s the good, the bad, and the ugly of Olymp Trade:

Pros:

Low minimum deposit: You can start trading with just $10. This is great for beginners who want to test the waters without risking a lot of capital.
Free demo account: Practice your trading strategies with virtual money before you put real skin in the game.
User-friendly platform: Even if you’re a complete beginner, you’ll find the platform easy to navigate.
Educational resources: Olymp Trade offers a variety of educational materials, including webinars, tutorials, and articles.
Variety of assets: Trade a wide range of assets, from forex to crypto.
Mobile app: Trade on the go with their mobile app.

Cons:

Limited account types: Not many options to choose from.
Limited research tools: Compared to other brokers, Olymp Trade’s research tools are basic.
Customer support: While available, some users have reported slow response times.

TEST OUT OLYMPTRADE PLATFORM

Olymp Trade Regulation and Licensing

Olymp Trade is a licensed and regulated online broker.

This means that the company is subject to certain rules and regulations that are designed to protect investors.

However, it’s important to note that Olymp Trade is not regulated by a top-tier regulator like the Securities and Exchange Commission (SEC) or the Financial Conduct Authority (FCA).

This means that traders may have less protection if something goes wrong.

Olymp Trade Trading Platforms and Instruments

Olymp Trade offers a variety of trading platforms, including a web-based platform, a desktop platform, and a mobile app.

This makes Olymp Trade accessible on a variety of devices, making it a convenient option for traders who need flexibility.

The platforms are all user-friendly and easy to navigate.

Olymp Trade also offers its services via the MetaTrader 4 platform.

Olymp Trade offers a compelling option for beginners looking for digital trades alongside traditional CFDs.

Olymp Trade also offers a wide range of trading instruments, including Forex, stocks, cryptocurrencies, and commodities.

The platform offers more than 80 different assets to choose from.

Asset Type	Examples
Currency Pairs	EUR/USD, USD/CAD, USD/JPY, GBP/USD, AUD/NZD, NZD/JPY
Precious Metals	Gold (XAU/USD), Silver (XAG/USD), Platinum (XPT/USD), Palladium (XPD/USD)
Cryptocurrencies	Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), Litecoin (LTC/USD)
Exchange-Traded Funds	ETF MSCI Brazil 3x, ETF U.S. Real Estate, ETF NASDAQ Reversal 2x, ETF Natural Gas Reversal 3x
Commodities	WTI Oil (USOil), Natural Gas (NGAS)
Indices	NASDAQ 100, S&P 500, Dow Jones Industrial Average

Olymp Trade offers a diverse range of trading assets, including currency pairs, precious metals, cryptocurrencies, exchange-traded funds (ETFs), commodities, and various indices.

Each category provides multiple options for traders to explore and invest in different markets.

There are also many technical indicators available, which are simple to use and apply to the charts.

In addition to standard accounts, Olymp Trade also offers demo accounts.

Demo accounts allow traders to practice trading with virtual money before risking their own capital.

Olymp Trade Fees and Commissions

Olymp Trade’s fee structure is unique compared to other brokers.

Olymp Trade has a specific fee structure that includes various commissions and charges based on the type of account held by the trader. Here’s a detailed overview:

Table Showing Latest Olymp Trade Fees and Commissions

Fee Type	Details
Minimum Deposit	$10
Commission on Trades	– Up to 13.5% on the Advanced Account – Up to 20% on the Expert Account
Spread	Olymp Trade does not charge a spread for trades.
Overnight Fees	Charged for positions held overnight; however, there are no swap fees since all accounts are Sharia-compliant.
Deposit Fees	No fees for deposits across all payment methods.
Withdrawal Fees	No fees for withdrawals, but third-party charges may apply depending on the payment method used.
Inactivity Fee	$10 charged after 180 days of inactivity on the trading account.

Traders should be aware that while Olymp Trade does not charge spreads, they do impose significant commissions based on account type, which can impact overall trading costs.

Additionally, the absence of deposit and withdrawal fees is beneficial for traders looking to minimize costs associated with their trading activities.

Olymp Trade also offers bonuses for first-time depositors, but the bonus policy is somewhat unusual.

Traders have the option to not accept a bonus at signup.

Olymp Trade Education

Want the secret weapon to conquer the markets?

Knowledge.

And Olymp Trade knows it.

They’ve built a treasure trove of educational resources to help you transform from a clueless newbie to a confident trader.

Forget those platforms that throw you in the deep end without a life jacket.

Olymp Trade equips you with the tools and knowledge you need to navigate the treacherous waters of the market.

Here’s a breakdown of their educational arsenal:

1. Webinars

Think of these as your live, interactive classroom. Olymp Trade hosts webinars featuring seasoned trading experts.

They cover everything from basic trading concepts to advanced strategies.

Why webinars rock:

Real-time learning: Get your questions answered on the spot.
Expert insights: Tap into the minds of experienced traders.
Stay updated: Learn about the latest market trends and strategies.

Pro Tip: Check the Olymp Trade website for their webinar schedule and register for the ones that pique your interest.

2. Tutorials

Don’t like learning in a live setting?

No problem.

Olymp Trade has a library of detailed tutorials that break down complex trading concepts into easy-to-understand steps.

What you’ll find:

Platform tutorials: Master the ins and outs of the Olymp Trade platform.
Strategy tutorials: Learn how to apply different trading strategies.
Indicator tutorials: Understand how to use technical indicators to analyze the market.

Start with the beginner tutorials and gradually work your way up to the more advanced ones.

3. Articles

Want to go beyond the basics?

Olymp Trade’s in-depth articles cover a wide range of topics, including:

Fundamental analysis: Learn how to analyze economic and financial data.
Technical analysis: Master the art of chart patterns and indicators.
Risk management: Protect your capital with effective risk management strategies.
Trading psychology: Understand the mental game of trading.

Why articles are essential:

In-depth knowledge: Gain a deeper understanding of trading concepts.
Stay informed: Keep up with the latest market trends and analysis.
Expand your horizons: Explore different trading styles and strategies.

4. Glossary

Ever come across a trading term that sounds like a foreign language? Olymp Trade’s comprehensive glossary has you covered.

Why it’s useful:

Quick reference: Find the definition of any trading term instantly.
Build your vocabulary: Expand your trading knowledge and understanding.
Avoid confusion: Ensure you’re interpreting trading terminology correctly.

5. Demo Account

The Olymp Trade demo account is your ultimate learning tool. It’s a simulated trading environment where you can practice your skills with virtual money.

Why it’s crucial:

Risk-free practice: Test different strategies without risking real capital.
Platform familiarity: Get comfortable with the Olymp Trade platform.
Build confidence: Gain experience and confidence before trading with real money.

The Bottom Line:

Olymp Trade’s commitment to education sets it apart from the competition. They provide a wealth of resources to help you become a more informed and successful trader.

Don’t underestimate the power of knowledge. Take advantage of these educational tools and watch your trading skills soar.

Olymp Trade Sign-Up Guide for Complete Beginners

Signing up with Olymp Trade is quick and painless.

Just follow these simple steps, and you’ll be trading in minutes:

Step 1: Head to the Olymp Trade Website

Visit the official Olymp Trade website. You’ll find a clean, modern design that’s easy to navigate.

Step 2: Click “Start Trading”

You’ll see a prominent “Start Now for $0” button on the homepage. Click it to begin the registration process.

Step 3: Enter Your Email and Create a Password

Provide a valid email address and create a strong password. Make sure it’s something you can remember but difficult for others to guess.

Step 4: Choose Your Account Currency

Select your preferred account currency. You can choose between US Dollars (USD) or Euros (EUR).

Important: You can’t change this later, so choose wisely!

Step 5: Confirm You’re of Legal Age

Check the box to confirm that you’re over 18 years old. You need to be of legal age to trade on Olymp Trade.

Step 6: Complete the CAPTCHA

Prove you’re not a robot by completing the simple CAPTCHA. This helps prevent automated sign-ups and keeps the platform secure.

Step 7: Click “Register”

That’s it! Click the “Register” button to create your account. You’ll be redirected to your personal dashboard.

Congratulations!

You’re now an Olymp Trade member.

What’s Next?

Explore the Platform: Take some time to familiarize yourself with the platform. Check out the different sections, tools, and features.
Try the Demo Account: Before you trade with real money, practice in the demo account. You’ll get $10,000 in virtual funds to experiment with.
Learn the Ropes: Head to the education section and explore the webinars, tutorials, and articles. The more you learn, the better equipped you’ll be to make informed trading decisions.
Fund Your Account: When you’re ready to trade with real money, deposit funds into your account using one of the many available methods.

Pro Tip: Download the Olymp Trade mobile app to trade on the go. It’s available for both Android and iOS devices.

Welcome to the world of online trading! Remember, trading involves risk. Never invest more than you can afford to lose.

Olymp Trade Demo Account (Your Risk-Free Trading Playground)

Imagine a world where you can trade without the fear of losing your shirt. Sounds too good to be true?

Not with the Olymp Trade demo account.

It’s your personal trading simulator, where you can experience the thrill of the markets without risking a single penny of your hard-earned cash.

Think of it as your training ground, your practice arena, your risk-free sandbox.

It’s where you go to hone your skills, test your strategies, and build your confidence before you step into the real trading ring.

Why the Olymp Trade Demo Account is Your Secret Weapon:

Zero Risk, Maximum Learning: Trade with $10,000 in virtual funds. Make mistakes, experiment with different approaches, and learn from your errors – all without any financial consequences.
Master the Platform: The demo account is an exact replica of the live trading platform. Get familiar with the interface, tools, and features without the pressure of real money.
Test Drive Strategies: Got a new trading strategy you’re itching to try? The demo account is the perfect place to put it to the test. See how it performs in different market conditions and refine it before risking your own capital.
Build Confidence: Trading can be intimidating, especially for beginners. The demo account allows you to gain experience and build confidence in a safe environment. Once you’re consistently profitable in the demo account, you’ll be ready to tackle the real markets.
Explore Different Assets: Not sure what to trade? The demo account gives you access to the full range of Olymp Trade assets. Experiment with forex, stocks, commodities, cryptocurrencies, and indices to find your niche.

How to Get Started with the Olymp Trade Demo Account:

Visit the official Olymp Trade website.
Sign up for a free account. You’ll need to provide your email address and create a password.
When prompted, select the “Demo Account” option.
You’ll be instantly credited with $10,000 in virtual funds. Start exploring the platform and placing trades.

Don’t Just Dip Your Toes – Dive In!

The Olymp Trade demo account is an invaluable resource for traders of all levels.

Whether you’re a complete beginner or a seasoned pro, there’s always something to learn.

Don’t make the mistake of skipping the demo account. It’s the foundation for your trading success.

Use it to build your skills, test your strategies, and gain the confidence you need to conquer the markets.

TEST OLYMP TRADE DEMO ACCOUNT HERE

Ready to Make Your First Trade? Here’s Your Step-by-Step Guide

Alright, you’ve explored the platform, you’ve practiced in the demo account, and now you’re itching to make your first real trade.

Don’t worry, I’m not going to let you jump in blind. Follow these steps, and you’ll be executing trades like a pro in no time:

Step 1: Fund Your Account

First things first, you need to deposit some funds.

Remember that low minimum deposit we talked about?

Yeah, that comes in handy now.

Olymp Trade offers a variety of deposit methods, including:

Bank cards: Visa, Mastercard
E-wallets: Skrill, Neteller
Cryptocurrency: Bitcoin, Ethereum

Choose the method that’s most convenient for you and follow the on-screen instructions.

Step 2: Choose Your Asset

Now for the fun part.

What do you want to trade?

Olymp Trade offers a wide range of assets, including:

Forex: Currency pairs like EUR/USD, GBP/JPY
Stocks: Shares of companies like Apple, Tesla
Commodities: Gold, oil, etc.
Cryptocurrencies: Bitcoin, Ethereum, and more
Indices: Track the performance of major stock markets

Browse the asset list and select the one that piques your interest.

Step 3: Analyze the Market

Don’t just jump in blindly!

Take some time to analyze the market and identify potential trading opportunities.

Olymp Trade provides a range of charting tools and indicators to help you with this.

Key things to look for:

Trends: Is the price moving up, down, or sideways?
Support and resistance levels: Where is the price likely to find support or resistance?
Chart patterns: Are there any recognizable chart patterns that could indicate a potential trade?

Step 4: Set Your Trade Parameters

Once you’ve identified a potential trade, it’s time to set your parameters. This includes:

Trade amount: How much money do you want to risk on this trade?
Trade duration: How long do you want to hold the trade for?
Direction: Do you think the price will go up (buy) or down (sell)?

Pro Tip: Start with small trade amounts until you gain more experience and confidence.

Step 5: Place Your Trade

Ready to pull the trigger? Click the “Buy” or “Sell” button to execute your trade.

Congratulations!

You’ve just placed your first trade.

Step 6: Monitor Your Trade

Once your trade is live, keep an eye on it. You can monitor your open positions in the “Trades” tab.

Step 7: Close Your Trade

You can close your trade manually at any time, or it will automatically close at the end of the trade duration you set.

Step 8: Analyze Your Results

Whether your trade was a winner or a loser, take some time to analyze the results. What did you do well? What could you have done better? Learning from your mistakes is crucial for long-term trading success.

Key Takeaways:

Start small: Don’t risk more than you can afford to lose.
Analyze the market: Don’t just guess – base your trades on sound analysis.
Manage your risk: Use stop-loss orders to limit your potential losses.
Learn from your mistakes: Every trade is a learning opportunity.

Now go out there and make some trades! But remember, trading involves risk. Never invest more than you can afford to lose.

Olymp Trade Customer Support

Olymp Trade offers 24/7 customer support in multiple languages.

Traders can contact customer support via phone, email, or live chat.

This 24/7 availability through various channels is a significant benefit for traders who may need assistance outside of regular business hours.

Many reviewers praise Olymp Trade’s customer support, but some negative reviews mention issues with withdrawals and customer support.

Olymp Trade Reviews and Ratings

Olymp Trade has a rating of 4.0 stars on Trustpilot, with over 1509 reviews.

The majority of reviews are positive, with traders praising the platform’s user-friendly interface, reliability, and customer support.

Some reviewers mention that the platform is a good option for beginners.

One reviewer mentioned that their profitability increased by about 15% after they started trading on the platform.

However, it’s important to acknowledge that some negative reviews mention issues with withdrawals and customer support.

One reviewer even called the platform a “complete scam.”

This mixed feedback suggests that while many traders have positive experiences with Olymp Trade, some encounter problems, particularly with withdrawals.

But the Olymp Trade support responds to all comments and reviews. Here’s their response to the above review.

But the Olymp Trade support responds to all comments and reviews. Here's their response to above review.

Olymp Trade for Beginners: Is It a Good Choice?

If you’re new to trading, Olymp Trade can be a good starting point. Here’s why:

Low minimum deposit: Start small and gradually increase your investment as you gain experience.
Demo account: Practice without risking real money.
User-friendly platform: Easy to navigate and understand.
Educational resources: Learn the basics of trading and develop your skills.

However, beginners should be aware of the risks involved in trading. Don’t invest more than you can afford to lose.

Olymp Trade for Experienced Traders: Does It Measure Up?

For experienced traders, Olymp Trade may feel a bit limited. Here’s why:

Limited research tools: You might find the platform lacking in advanced charting and analytical tools.
Basic order types: More sophisticated order types may not be available.

If you’re a serious trader with advanced needs, you might want to consider a platform with more robust features.

Olymp Trade Mobile App

Olymp Trade offers a mobile app for both Android and iOS devices. This allows you to:

Monitor your trades: Keep an eye on your open positions wherever you are.
Place trades: Execute trades quickly and easily.
Access educational resources: Learn and improve your trading skills on the go.

The app is well-designed and user-friendly, making it a convenient way to trade.

CLICK HERE TO DOWNLOAD THE APP

Olymp Trade Comparison to Other Brokers

Olymp Trade is a good option for beginner traders, but it may not be the best choice for experienced traders.

The platform lacks advanced analysis tools and research.

Other brokers, such as Deriv and Binary.com, offer a wider range of trading instruments and features. Deriv also offers a wider range of educational resources.

Feature	Olymp Trade	IQ Option	ExpertOption	Binomo
Minimum Deposit	$10	$10	$10	$10
Regulation	IFC	CySEC	VFSC	IFC
Assets	Forex, Stocks, Commodities, Crypto, Indices	Forex, Stocks, Commodities, Crypto, ETFs	Forex, Stocks, Commodities, Crypto	Forex, Stocks, Commodities, Crypto
Platform	Proprietary	Proprietary	Proprietary	Proprietary
Mobile App	Yes	Yes	Yes	Yes
Demo Account	Yes	Yes	Yes	Yes
Educational Resources	Webinars, tutorials, articles	Webinars, tutorials, articles	Tutorials, articles	Tutorials, articles
Customer Support	Email, live chat, phone	Email, live chat	Email, live chat	Email, live chat
Unique Features	User-friendly platform	Variety of trading tools	Fast execution speeds	Trading contests and tournaments
Best For	Beginners	Beginners and intermediate traders	Experienced traders	Traders who enjoy competition

Is Olymp Trade Real Deal or Scam?

You’re not naive.

You’ve seen those flashy ads promising instant riches with online trading. And you’re right to be skeptical.

The internet is full of scams, so how do you know if Olymp Trade is the real deal?

Let’s cut through the hype and get to the truth.

Here’s the evidence that points to Olymp Trade being a legitimate platform:

Regulation: Olymp Trade is regulated by the International Financial Commission (IFC). This independent organization provides a level of oversight and protection for traders. It means Olymp Trade has to meet certain standards of financial stability and ethical conduct.
History: They’ve been around since 2014. A fly-by-night scam operation doesn’t usually last that long.
User Base: Millions of traders around the world use Olymp Trade. It’s unlikely that a scam platform could attract and retain such a large user base.
Transparency: Olymp Trade is upfront about its fees and terms of service. They don’t hide anything in the fine print.
Educational Resources: They invest in educating their users. Scam platforms rarely bother with this.

But here’s the catch:

No broker is 100% risk-free. Even legitimate platforms like Olymp Trade involve the potential for financial loss. Trading is inherently risky, and there’s no guarantee of profit.
Regulation doesn’t equal perfection. While regulation provides a level of protection, it doesn’t eliminate all risks.
Negative reviews exist. You’ll find some negative reviews of Olymp Trade online. This is normal for any company, but it’s important to read these reviews critically and consider the source.