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Olymp Trade Review 2025

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Olymp Trade Review 2025
Islamic Account Risk-free Trading Fiexd Time Trades
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Olymp Trade
Founded:2014
Regulation:
OTC:
Forex Trading:
Assets:130
About
Olymp Trade, owned by Saledo Global LLC and regulated by the Vanuatu Financial Services Commission (VFSC), is headquartered in St. Vincent and the Grenadines. Features include returns of up to 93%, flexible trade sizes ranging from $1 to $5,000, and priority withdrawals for advanced accounts.
Contact
1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu
Rank and Score
Pros and Cons
Account Types
Markets
Pros
Up to 93% Profit Available
Long Track Record in the Industry
24/7 Support Services Offered
Leverage of Up to 1:500
Cons
A Number of Negative User Reviews

Offering tailored account tiers like Starter (max return of 85%), Advanced (max return of 89%), and Expert (max return of 93%), it appeals to traders seeking high returns with manageable entry costs.

Olymp Trade provides access to MetaTrader 4 (MT4) alongside its proprietary platform and supports multiple payment methods such as credit/debit cards, e-wallets (Skrill, Neteller, WebMoney), and bank transfers.

Olymp Trade Fees include an inactivity fee of $10 per month after 180 days and variable overnight fees, dependent on trade size and asset class.

Olymp Trade reviewOlymp Trade features, specifications, and pros and cons overview

Olymp Trade Company Information

Olymp Trade is a trading platform with its main office in Port Vila, Republic of Vanuatu.

This broker is licensed and Olymp Trade regulated by the Vanuatu Financial Services Commission (VFSC), which is a low-tier regulator. The mentioned platform is owned by Saledo Global LLC, headquartered in St. Vincent & the Grenadines.

Specifications Summary

When it comes to binary options trading, Olymp Trade offers a robust and diverse platform. Here's a quick overview of what you can expect:

Broker

Olymp Trade

Account Types

Starter, Advanced, Expert, Demo

Establishment Year

2014

Trading Platforms

Proprietary, Mt4

Maximum Return

Up To 93%

Minimum Deposit

$10

Base Currencies

USD, EUR

Deposit Methods

Credit/Debit Cards, E-Payments, Bank Transfers

Withdrawal Methods

Credit/Debit Cards, E-Payments, Bank Transfers

Minimum Trade Amount

$1

Maximum Trade Amount

Up To $5,000

Tradable Assets

Forex, Stocks, Crypto

Investment Options

None

Bonus

Deposit Bonus

Spreads

Depending On The Order Amount And Leverage

Commission & Fees

Subject To Various Criteria

Maximum Leverage

1:500

Affiliate Program

Yes

Trading Features

None

Inactivity Fee

Yes

Customer Support Ways

Email, Phone Call, Live Chat

Customer Support Hours

24/7

Account Types

This section of the Olymp Trade review is about account types and levels. This platform offers live and demo accounts. In a live account, you can go through 3 statuses and levels:

  • Starter: basic accessible features
  • Advanced: exclusive platform features
  • Expert: all features and tools available
OlympTrade Account Types
OlympTrade's accounts include Starter, Advanced, and Expert

On a demo account, you can practice trading without any risk of losing funds. In the table below, we will discuss every live account status in detail

Features

Starter

Advanced

Expert

Max. Return

85%

89%

93%

Commission Discount

None

10%

20%

Withdrawal Priority

Normal

High

Top

Max. Order Size

Up to $3,000

Up to $4,000

Up to $5,000

Available Indicators

10

11

14

Olymp Trade: How to Register & Verify Account

Getting started with Olymp Trade is a simple process. Here's a step-by-step guide to registering and verifying your account:

Olymp Trade registration form
Fill in your email address and password according to the screenshot.
  • Provide an email address and create a suitable password that is complex enough. Alternatively, use your Apple, Facebook, or Google account to sign up;
  • Now, your account is opened!

To enter and verify your phone number, first, you need to make your first deposit.

Olymp trade Account verification is not necessary at first, but when it's needed, you must submit photos of required identity or residence documents.

Bonuses

Many trading platforms and brokers offer bonuses to attract users. Olymp Trade offers a deposit bonus that gives a portion of the deposited amount as a bonus to new users.

The amount is paid within one hour from the moment of opening an account.

Commission and Fees

Understanding the fee structure is crucial when choosing a trading platform. At Olymp Trade, a commission is charged when opening a Forex trade. According to the official website's help center, the amount depends on various criteria including:

  • order size;
  • asset specifics.

Also, there are other kinds of fees charged in this platform:

  • Inactivity Fee: $10 every month after 180 days of inactivity
  • Overnight Fee: Depends on trade amount, multiplier, overnight fee rate of the pair, etc.

Personal Cabinet Specifications

Olymp Trade personal cabinet
Olymp Trade personal cabinet features and specifics

Olymp Trade's personal cabinet is designed to provide traders with a comprehensive and user-friendly trading experience. The cabinet's important sections:

  • Market Chart: access to indicators, different chart types, and trading signals
  • Multiple Trading Modes: Stocks, forex, fixed-time trades
  • Platform Accessibility: Mobile apps for on-the-go trading, Desktop applications for a distraction-free experience, Web-based platform for convenience
  • Customization Options: Unique tools to enhance trading skills, ability to personalize the trading interface
  • Payment Section: for deposit, withdrawal, and transaction management

Available Indicators and Oscillators on the Olymp Trade Platform

Olymp Trade indicators
Indicators and oscillators on the Olymp Trade dashboard

This broker offers a good set of technical analysis tools, including various indicators and oscillators. Here's an overview of some key indicators available on the platform:

  • Moving Average Convergence Divergence (MACD);
  • Relative Strength Index (RSI);
  • Stochastic Oscillator;
  • Parabolic SAR;
  • Bollinger Bands.

Note that some of the indicators and oscillators available on the platform such as "Stochastic RSI" and "Pivot Points" are not free to use, and users must pay for them.

What Payment Methods Can I Use on Olymp Trade?

The broker offers a variety of payment methods to cater to traders from different regions. Here's a breakdown of the available Olymp trade Deposit and Withdrawal methods:

  • Credit/Debit Cards: Visa, Mastercard
  • E-Wallets: Skrill, Neteller, WebMoney
  • Bank Transfers

Advanced and Expert status clients enjoy priority service with faster withdrawal times, adding an extra incentive for active traders.

Copy Trade and Social Trading Options

Unfortunately, Olymp Trade does not offer any facilities for copy trading or earning passive income alongside manual trade. You can use other brokers and platforms for this option.

Benefits and Drawbacks

It's recommended to have an overview of the pros and cons as two sides when choosing a binary platform. Here is a table for Olymp Trade:

Benefits

Drawbacks

Up to 93% Profit Available

A Number of Negative User Reviews

Leverage of Up to 1:500

-

Long Track Record in the Industry

-

24/7 Support Services Offered

-

Trust Scores on Reputable Websites

When evaluating Olymp Trade's trustworthiness, it's important to consider reviews from multiple sources. Here's a summary of the platform's trust scores and reviews on 2 websites [Trustpilot & ForexPeaceArmy]:

Trustpilot users score on olymp trade
Olymp Trade users have given it a 4/5 score on Trustpilot.
  • Trustpilot Users Score: 4 out of 5, based on more than 1,300 reviews
  • ForexPeaceArmy Average Users Rating: 2.7/5 with +120 sores

Overall, this platform has received mixed scores and reviews from users and experts on different websites.

Customer Services and Support

Olymp Trade claims to have a comprehensive customer support team ready to help traders with their obstacles. Here's an overview of their customer service specifications:

  • 24/7 Support: Assistance available every hour of every day
  • Multiple Contact Channels: Live Chat, email, & Phone Hotline
  • Multilingual Support: Specialists available in multiple languages to cater to a global user base
  • Help Center: Comprehensive answers to common questions, covering essential topics

Support team contact information:

  • Support-en@olymptrade.com
  • + (356) 2034 16 34

Writer's Opinion and Conclusion

With leverage up to 1:500, priority withdrawal services for higher account tiers, and advanced technical indicators such as MACD, RSI, and Bollinger Bands, it caters to new and professional traders.

Despite its user-friendly interface and multilingual 24/7 customer support, Olymp Trade has received mixed reviews, earning a 4/5 score on Trustpilot and 2.7/5 on ForexPeaceArmy.

FAQs

Does Olymp Trade offer copy trading services?

No, this platform does not offer any tools and services for copy trading.

Is Olymp Trade a reliable platform?

It seems reliable, but some users have complained about the performance.

What are the account types and levels on Olymp Trade?

There are 3 different account types: Starter, Advanced, Expert.

What is the minimum deposit on OlympTrade?

The minimum amount to deposit is $10.

What base currencies are supported by OlympTrade?

The platform supports USD and EUR as base currencies.

Which deposit methods are available on OlympTrade?

You can deposit using credit/debit cards, e-payments, and bank transfers.

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