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Skylander
  • Summary
  • Our Review
  • User Review
Olymp Trade is an offshore CFD and forex broker that offers two types of accounts that use the MetaTrader4 trading platform. The broker does not hold an official license, but it claims to be licensed.

OLYMP TRADE Advandage and Disadvandage

Advandage
  • Only $10 deposit is required for live trading
  • Training resources & recorded webinar videos
  • Proprietary trading platform
  • Market news & analysis
  • Multilingual customer desk available 24/7
Disadvandage
  • Not regulated
  • Platform does not support trade automation using trading softwares or robots
  • No Social trading
  • Limited trading instruments
  • No MetaTrader platform

Olymp Trade Overview

Olymp Trade was founded in 2014 and is managed and owned by operated by Inlustris Ltd which is registered in Saint Vincent and the Grenadines.

The broker also offers CFDs, forex, and digital options trading on the internet. Olymp Trade believes in trader education, and therefore offers regular webinars on training for free to any interested customers.

Olymp Trade Regulation

Olymp Trade states that it is an affiliate of the Financial Commission (Finacom PLC). It is the International Financial Commission is a conflict resolution commission that resolves disputes between broker members and their customers. Clients can seek payment up to EUR20,000 in every case that is settled. Finacom doesn’t provide rules for broker operations and is not able to be compared with conventional regulatory agencies like ASIC, CySEC or the FCA, CySEC or ASIC.

Olymp Trade Countries

Olymp Trade accepts clients from the majority of countries, excluding those where distribution or usage would violate local laws or regulations. They are not able to be a client of UK and US traders. Certain Olymp Trade products and features discussed in the Olymp Trade review might not be accessible to traders from certain countries due to the legal restrictions.

Olymp Trade Platforms

Olymp Trade provides only its proprietary platform to all customers to trade on. It is a web-based platform and , therefore, does not require installation or downloads. The platform is optimized for mobile use and can be resized to be compatible with all screens. It is available in 19 different languages and includes a variety of tools to place orders and analysis. These are the advantages offered by Olymp Trade: Olymp Trade platforms:

  • It includes four styles of charts including The styles include Area, Japanese candlesticks, Helken Ashi, and Bar charts.
  • The charts are displayed on 11 timeframes ranging from 15 seconds to one month.
  • On the platform, both withdrawals and deposits are transferred to the account for trading.
  • It supports one-click transactions.
  • Switch between trading in forex or binary options trade using one platform.
  • Over 30 indicators that are technical, including the most well-known ones such as MACD, RSI, moving averages, etc.

Olymp Trade Education

The website and platform of the broker include a variety of training articles and videos designed to teach the basics of forex trading to beginners. The instruction is divided into tutorial videos techniques, strategies, technical indicators, and webinars.

Olymp Trade Support

The customer support department is available 24 hours a day, 7 days a week. Support desk staff can speak a variety of languages. They can be reached via telephone, email and web chat. There is also a Contact Us form that can be used to submit short questions to the support team. A knowledge base that includes FAQs can be found on the site. The FAQs are divided into the trading platform, financial queries along with verification and questions. A glossary on trading that covers more than 50 items is also available. It is available on the Olymp Trade social media platforms include Facebook, Twitter, YouTube and Instagram.

Olymp Trade Deposit & Withdrawal

Olymp Trade does not charge deposits or withdrawal fees. Minimum withdrawals are $10. All withdrawals are handled in 24 hours.

OLYMP TRADE Overview

OLYMP TRADE Summary
OLYMP TRADE Details Information
Regulators
Country Seychelles
Base Currencies USD
Type Of Brokers ECN
Trading Platform Desktop, Mobile
Established Year 2014
Website Language English
US Clients
OLYMP TRADE Spreads
Option Information
Minimum Spreads 0.0
Commission
Fixed Spreads
OLYMP TRADE Payment & Withdrawal Option
Option Information
Acc Funding Methods Skrill, Visa Card, Master Card
Acc Withdrawal Methods Skrill, Visa Card, Master Card
OLYMP TRADE Suitable For
Option Information
Publicly Traded
Beginners
Day Trading
Weekly Trading
Professionals
Swing Trading
OLYMP TRADE Trading Account Options
Option Information
Maximum Leverage 1:500
Mini Account
VIP Accounts
Segregated Accounts
Free Demo Accounts
Managed Accounts
Pro Account
Minimum Deposit 10 USD
Islamic Account
OLYMP TRADE Trading Services
Option Information
Hedging
News Trading
Scalping
Automated Trading
Indices
Commodities
Forex instruments
CFDs
ETFs
Stocks
Bonds
Cryptocurrencey
Trading Signals
Educational Service
Copy Tradings
OLYMP TRADE Contact & Support
Option Information
Telephone No +357 25030996
Email support-en@olymptrade.com
24 Hours Support
Support During Weekends
Address N/A
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