Is Olymp Trade Scam or Legit Broker?

After conducting thorough research we found that Olymp Trade is suspected to be a fraud company. It is an offshore company that has no serious regulations. We advise traders not to sign with Olymp Trade. The broker is not regulated and does not comply with strict international rules that provide protective measures to the traders.

The company operates without a proper license from the industry authorities like FCA in the UK or ASIC in Australia that protect clients and deliver necessary regulation to the service providers along with the convenience to the users and, of course, their investments. Unfortunately, it is not the case for Olymp Trade since the company only holds membership in the international Financial Commission (FinaCom) which is not safe enough either.

About Olymp Trade
🗺️ Registered inSt. Vincent and the Grenadines
🗺️ Type of LicenseOffshore License
🛡️ Is Olymp Trade safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia


What is Olymp Trade?

Olymp Trade is a trading name used by Smartex International Ltd., a company that provides options trading services and is registered in St. Vincent and the Grenadines. The company claims to be one of the fastest-growing companies that deliver access to trade to the client at any level, increasing its trading volumes daily and currently closing around 32M trades per month, with Traders from 134 countries trust Olymp Trade.

The platform interface is localized into 19 languages and provides good software. However, lack of regulation is serious issue since Broker may simply claim anything, but reality might be difference since there is no strict guideline how Broker should operate. 

  • Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if no requirements to the company operation. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations.

Olymp Trade - official website

Overall Olymp Trade Ranking 

During our research we found multiple issues connected with regulations and safety of Olymp Trade, thus we do not rank positively Olymp Trade, based on our Expert Opinion with over 10 Years of experience in Forex Trading.

  • Olymp Trade Overall Ranking is 3 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.

RankingOlymp TradeIC Markets FeesFP Markets
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
Is Broker safe? NoYesYes
AdvantagesNoneFeesTrading Instruments

Olymp Trade Alternative Brokers

Due to our finds and safety issues with Olymp Trade, we have come up with much better Alternatives to Olymp Trade with good regulations and excellent conditions. We select Good Brokers and reliable options for your comparison below: 

  • FXTM – Good for Beginners and Good Fees
  • Dukascopy – Excellent for Shares, Futures Trading
  • eToro – Good for Social Trading

Olymp Trade in India

Olymp Trade is not technically illegal in India but it is in no way monitored or controlled by SEBI or RBI. This means if a trader faces any issues with regard to the app's transactions or collections then Indian authorities will not be able to help.

As Olymp Trade is not regulated by Indian authorities, various Indian banks are not dealing with the platform directly, only some international Debit/Credit are accepted on this platform. 

Olymp Trade in the USA

Olymp Trade does not accept clients from the United States, Europe, Canada, Japan, Australia (Find the best forex broker in Australia here), UK, Russia, or Israel. So, except for Olymp Trade, you are only permitted to trade with U.S-regulated platforms.

Deposit & Withdrawal

Olymp Trade accepts deposits via the following methods: credit and debit cards, bank wire transfers, e-payments such as Skrill and Neteller, and cryptocurrency such as Bitcoin.

Depositing is free with no extra charges, with the minimum deposit being $10. This makes the site easily accessible to everyone and a good starting point (Best Forex Platform) for beginners (Find the best forex broker for beginners here). Funds deposit relatively fast, but wire transfers take longer than other methods. Cryptocurrency tends to deposit the fastest.

  • The maximum withdrawal amount depends on whether it is a VIP or standard account, with the minimum always remaining at $10. The funds will go back to whatever payment method the trader used to deposit the money.
  • However, being Unregulated broker withdrawal issues may occur, which is typical Scam Practise 


Olymp Trade offers a mobile app. enabling trades from all over the world access. Their mobile app is responsive and has the same capabilities as the desktop and web versions. 

Demo Account

Along with training materials, Olymp Trade offers free demo accounts. Those who registered get access to 10,000 virtual coins to play around with. This way, traders don't risk losing any of their real money while getting over the learning period.

The demo account is also a valuable feature for experienced traders to get a feel for the interface.

Olymp Trade Review Conclusion 

Based on our finds we can state that overall the company's offerings are among the competitive ones along with its reputation, but generally, Trading options are a high-risk investment due to its nature of trading, as well as the unlicensed environment of the Olymp Trade company puts some question marks either to enter the trading or not.

Since in forex trading money security is a priority, it is strongly recommended to trade with well-regulated companies that hold all necessary licenses, uphold authorized operations and deliver customer service on a proper level. We recommend such trustworthy brokers as BlackBull Markets, XM, and HFM

  • Overall ranking and experience for Olymp Trade is Negative
Vijay Trivedi From India | | Sunday, June 5, 2022

OlympTrade platform has handy money management feature that not many people know about. I want to tell you about it. We all know that success in trading directly depends on proper money management. Let me explain it to beginners in Forex market. Money management allocates assets (balance) to receive profit with minimum risk. I use part of my deposit in trading. This saves capital from unexpected market situations. OlympTrade platform offers multi-account feature. This feature allows me to have few live accounts. They're for allocation of my capital and not for trading. So, that's what I'm talking about. It's handy tool to manage my money.

Ubaid Bitar From Egypt | | Tuesday, January 4, 2022

Olymp trade is a decent broker and I have never had any serious troubles with them. I've been trading with olymp for several years and I have never encountered any problems. I read the rules of the broker very attentively and I know what I am talking about when it comes to working with the broker. There are several things which attract me, for example, olymp trade has a wonderful trading platform. It is easy to understand and the navigation there is really convenient. I mean that I used to learn trading on mt4 platform which is nice but it is too complicated for my trading style. Olymp's platform has everything necessary for market analysis including several types of chart representations, indicators, economic calendar and so on. As for the trading conditions, I wouldn't call them the best offer ever, but they are pretty fine and competitive. I stick to this broker because of its consistency and honest attitude to the traders. I appreciate it very much because I can be sure that my money is in safety when it is on my trading account.

Mark Reynoso From Mexico | | Thursday, August 5, 2021

All in all I have had a rather positive attitude towards Olymp Trade over the years, because the company doesn't deliberately create any difficulties - everything is organised well enough for you to feel comfortable. First of all, I would say that slippage in the trading platform is rare and data is displayed correctly - no delays. Of course, it is also great to withdrawal money in a well-organized way: Just enter amount, card number and in couple of hours the money is credited to your account. There are no deliberate problems or other unpleasant things, so you are free to dispose of your money.

Simon Binder From Austria | | Friday, July 23, 2021

I see two major advantages of this broker. The first one is a relatively small trading deposit. Here it’s real to get started with ten bucks. I know that many people associate small minimum deposits with unregulated brokers, but it’s not the case. This brokerage company is regulated, so you don’t need to worry. The second advantage is their web platform. It’s very user-friendly and comes with the most popular indicators. Besides this, it has flexible trading parameters. Before you click on buy or sell button, you can specify the desired multiplier value to determine the leverage size and choose a fixed amount that acts as an investment capital and a stop-loss order at the same time. You can’t lose more than you invested.

Chinedu Ehigiator From Nigeria | | Friday, July 16, 2021

Fair brokerage. As for me the most important thing is whether a broker fulfill their promises. Olymp trade keep their words which is really nice. The conditions here are competitive and understandable: competitive commissions and no spreads, which makes it easier for me to calculate the potential profits of each deal. I really like their platform which is pleasant and convenient to work on. There are all the necessary tools for technical analysis like indicators, oscillators, many timeframes, etc. It also has a feature of automated stop losses which come in handy to me because sometimes I forget to set stop losses. More than that, their system of multipliers really appeals to me for its simplicity as I am sick and tired of calculating leverages' proportions. So, olymp trade is a good broker which keeps its promises and allow you to trade without any problems.

Dario Villegas From Spain | | Monday, March 22, 2021

I trade with OlympTrade quite lavishly. Sometimes there may be small problems, but everything is quickly resolved. I withdraw money to a credit card. There is a large list of services for withdrawing money, but almost every broker has one. Not long ago I downloaded their mobile application. It is available for Android and iOS. It is good to trade fixed time on it. But the truth is sometimes not convenient and not interesting. There are limited opportunities. Fewer features than MT4. It is good that this platform has recently appeared with OlympTrade and you can trade traditional Forex.

Noble Bauch From Philippines | | Sunday, February 21, 2021

I like to try myself in different directions, and one of them is trading. It is a fascinating and rapidly developing area. I spoke with my friend about trading. He advised me to try to open some trades, look at his work and the whole process. My friend told me about Forex in more detail and showed me personally how he trades on the Olymp Trade platform. I was very interested in the opportunity to open a demo account and make several transactions without financial investments. I was trading on weekends because on weekdays there was no desire to. I was limited to cryptotrading for this reason unfortunately. However, after a month, I registered a live account and started trading with my own money. It was a fun experience, I didn't make huge trades, and I didn't make a lot, I just had a good time. It became like a hobby for me. Honestly, there were cases when I entered trades by accident, and I had to close them with a commission.

Collin Tamale From Senegal | | Monday, January 25, 2021

In fact, working with this broker has probably become a strong start for many modern traders and all because here you can really study (if you are a beginner), try complicated strategies (if you are an experienced trader), work with the news (if you are a fundamental trader), experiment (if you are an experimenter of course) and so on. And such universality definitely attracts users and allows adapting to the harsh market conditions. I want to note that there is a very good quality demo with a lot of tools and levels and other technical components, which allows you to analyze the market at all levels, regardless of the chosen strategy. And of course, the thing that attracts me is that there is no problem with withdrawal and it does not take much effort or long waiting period. Everything is organized precisely and there are very low commissions, which is important if you withdraw money often.

Manish Kale From India | | Tuesday, December 29, 2020

Olymp gave me a good opportunity to diversify my income. Previously, I practiced stock and Forex trading only. Sometimes it’s not always possible to enter the market. You might already know such moments when a choking uncertainty is perceived all around. Entering the flat market is a suicide. Of course, scalpers can do this, but I’m not a scalper and mostly rely on long term trades. The market almost falls asleep when a breaking news is about to arrive. In such moments, it would be a good thing to try something different. Fortunately, I have recently discovered it. It’s fixed-time trading. I trade fixed-time from time to time when I don’t trade Forex. I choose short expiration, so it doesn’t take much time.

Tanay Bhagat From Indonesia | | Wednesday, December 23, 2020

I've been trading at Olymp Trade for a long time. I can't say that I'm delighted with the company. Still, there are more exciting services for traders. For example, the company's website could use a calculator. But there is one undoubted advantage of Olymp Trade. It's that they withdraw money quickly and without any hassle. The rest, of course, cannot be called ideal. The information is simplified, so are the platforms. Although, now the company has introduced MT4, and the situation has eased a bit. Because the Olymp platform is not the most professional. It is more suitable for newcomers. This is my opinion. Maybe other people think differently.

Thach Pho Lun From Vietnam | | Wednesday, November 25, 2020

I heard a lot about fixed-time trading but was quite sceptical about it. It’s because everything I knew and practiced related to trading had to do with the foreign exchange market only. I came to Olymp via a referral link. Once I learned that the company offers Forex trading in addition to fixed-time one, I immediately opted for its because it was I already knew well. Their web platform is very pleasant to use. I have always appreciated intuitive and straightforward solutions. Later my curiosity towards fixed-time trading took over me and it tried it. I like the way it’s carried out because it gives a different feeling.

Ikhidie From Madagascar | | Friday, October 23, 2020

I remember the period when everyone scolded Olymp Trade for not having MT4. But this is not a company that simply turns a blind eye to the negative reviews. The team is very actively working on project development. And now Olymp has presented its MT4 integration. Moreover, recently it has also introduced several types of accounts for this platform. Including the ECN with minimum spreads. Now it is not just a broker for beginners with an easy to understand platform. Although the platform did not go anywhere. Moreover, it is continually being updated and improved. Now it is a company with a full range of services for any level of traders. I have already managed to switch to MT4. The platform is fast, the order execution speed is high. I enjoy the fact that there are many tools for technical analysis. It's also cool that you can add your own indicators and Expert Advisors. This was important for me, as I prefer the ATR indicator. A simple window shows how many points an asset has passed and how many points it passes on average per day. This is useful information when you decide to open a trade and calculate Take Profit.

Temitope Abosede From Nigeria | | Tuesday, September 29, 2020

Almost six years of my experience there was really positive. I speak not only about my earnings, but primarly about experience that company gave to me. So, let's back in 2013, the time when I came to trade with Olymp Trade. - That was my first brokerage and I've tried to understand trading with BOOKS. To be fair, books are a lot of words but a few sense. You're going to spend around 10 hours to read a lot of text but you have no guarantee that this text will give you at least some understanding of how to trade. I've read 5 books and I was at the same level of understanding, complete noob. - So the first reason why I've chose Olymp Trade was education. Really, education there was so nice - well structured, combining theory and practical examples. So I was reading, watching examples and practicing on demo. - And now I'm still with Olymp Trade. This brokerage introduced some nice upgrades now, including MT4 support and status system. I won't speak about MT4, as think that's obviously why MT4 was needed but status system is my one love. The essence is simple, the higher status you achieve - the better trading conditions you obtain and that's fair, so more active traders with higher deposits get better conditions (including number of simultaneous trades).

Jitendra Jha From India | | Sunday, August 30, 2020

Personally, before opening an account with Olymp Trade, I checked the broker for a regulator. Because this is probably what every trader should do before opening an account with a new brokerage. That' s because every day the number of scammers in the web grows more and the security of investments should be a priority for everyone. And Olymp Trade has no deposit security problems, it has an excellent regulator. Moreover, the broker's regulator guarantees deposit insurance up to $20k. So I'm calm and trust Olymp Trade when it comes to money. I also really like the broker's trading conditions, they are suitable for both beginners and professionals. The minimum deposit is from $10, 2 trading platforms, lots of assets to trade with and so on. Recently, a broker has introduced a status system, which has made trading and its conditions a little more diverse. As for me, this is a very interesting approach, because you have more motivation to trade and become better in it. So definitely, I liked Olymp Trade very much as a brokerage. The year that I trade with it was very fast and brought me a lot of positive emotions. Now trading isn't just a hobby for me 😉

Bankole Obianuju From Kenya | | Thursday, July 30, 2020

Two years ago, I was excited about Olymp Trade. Really, I thought it was the best broker in the industry. At that time I was new to Olymp Trade and for me the education and all these Olymp Trade features were a great backround to start trading. After 2 years, everything has changed and now I clearly see the problems. The first and major one is that Olymp Trade is focused on beginners. Olymp Trade does everything it can to help newcomers trade and make money, and that's cool. However, as a pro, I feel uncomfortable trading and constant face education. This is the main drawback for me, who made me change brokers and move to trading with another broker.

Joshi Narasimhan From India | | Monday, July 27, 2020

You should definitely try trading, because it's really a thing that can help you implement what you've been hiding somewhere deep inside yourself and it's a great test of your abilities. Because here you can't pass the responsibility on to someone else, this is where you make your own decisions and assess the results of those decisions. And I think that's really important. And if you really want to try it, if you're serious about working and getting good results, then you should definitely try it here, because this company creates the conditions that will help you to get acquainted with the market, learn about the laws that apply here and what you can use to make money here. Of all the things presented here, I can mention the following: - a demo account - it has no restrictions here, and it's something you can always use; - tutorials - to get a good understanding of all the features of the trading terminal and learn about its functionality; - webinars - this is an opportunity to see real trading and learn some new things that you will be using yourself.

Turner Ratke From Morocco | | Tuesday, June 30, 2020

If you ask me, a broker fits both newbies and professionals. I myself have been a client of Olymp Trade for 3 years. Before that I had a demo account here, and later I didn't want to change my current brokerage, as Olymp Trade was doing its job perfectly. And I have a friend, who recently became interested in trading, too. I of course advised my broker to him. And it isn't even that I "promote" my broker. It's just that Olymp Trade offers excellent training programs for beginners, and its demo is very comfortable to get to know the market better. So the broker is just perfect for experienced traders who know what they want, as well as for inexperienced beginners who are still learning.

Stuart Pule From South Africa | | Monday, June 29, 2020

I don't remember much exactly how I got interested in trading, but I remember that at first it was some kind of entertainment or hobby. I worked with small sums of money and very rarely, and I can't say that it immediately became my life's work. Of course not, I didn't understand how you can and should analyze the market. I was opening orders to my eye and as a real player I was hoping for profit every time, completely unaware of what was going on. In general, my story is probably similar to hundreds and thousands of others. But it is true and I am not going to invent something that did not happen. And only after a few months and the first blown up deposit, I realized that I had to change something and look for other approaches to trading. That's how I got interested in learning from OT. Because there was so much material here that I was even surprised how much I had to learn. But still, I decided that I should try it. And I was pleasantly surprised that every OT review is really useful, structured information about the market, indicators, strategies and no broker advertising. And all this is free. And the result did not keep me waiting. I began to see at least periodic profits. And as I trained for a demo, everything went well.

Abdul Rahman Jawaherji From Ethiopia | | Tuesday, June 2, 2020

I was very distrustful of Forex. My parents both worked in the factory and they taught me that you can only make money with your hands. I can say with all honesty that I could not even imagine that money can make money, and logical thinking can be so profitable. I have been trading on the Olymp Trade demo account for a long time, studied all the training from Olymp and read about 60 books on psychology and trading. Only after that I moved on to real trading. This is very exciting, because I sold my house and invested in trading. My family did not understand me, but I had a clear strategy and I can say that in 3 years of trading I was able to become really rich. However, if you want to become successful, you have to work hard.

Fahmi Juhani From Algeria | | Thursday, May 28, 2020

Every trader is first of all a personality, which has its own characteristics, strengths and weaknesses, and that is why, in my opinion, the company should try to focus on the fact that different traders may need different knowledge and tools in order to achieve their goals. And of course, the company cannot guarantee the result - it is true. Because 95% of what happens depends on the trader. But the company can provide the necessary tools, which you can study and leave for your future work. I generally like the fact that my broker and many others have started to make a significant emphasis on training. On the one hand it's not worth anything for a large company. On the other hand, it is a quality service that allows traders to gain new knowledge that they can apply in order to trade more dynamically and profitably, to use larger capitals, to bring in larger commissions, and all this somehow has a positive impact on the brokerage company itself and its prospects. And it is great that they paid attention to this pattern and paid more attention to their clients. And now it largely depends on the trader, whether he will be successful or not, because in fact he has everything that is necessary for work - the trading terminal, analytics, tools for analysis and, most importantly, information that can help in finding favorable situations in the market. So you just have to decide whether you need it or not. And if yes, then to work on all 100% and not to expect that everything will turn out by itself.

Asem Al-Matrafi From Tunisia | | Wednesday, April 29, 2020

Come on, let's finally look a little wider at trading and find something that can make your life better and more productive. No I don't mean just money, it's the primary product that interests us all, it's normal, so we do our best to achieve a positive result. But I've recently been thinking about what else it gives me in life. Because it can't be that I spend 5-6 hours a day on it and it doesn't show up on me in any way. I've noticed, for example, that I've become more attentive to the little things in recent years. That is, I pay attention to the way people talk, how they respond to my questions, I will briefly note that I am not only engaged in trading, I have another business line in my work, where I personally communicate with my partners. And it really helps to catch the slightest changes in my mood and, accordingly, I surround myself only with reliable people and quickly break up with those who simply should not be trusted. Moreover, at the moment when my second business was on the verge of collapse, there really were circumstances that I could not influence, just that I have a good understanding of economic processes and investment, I was able to quickly transfer my money to another area and quickly resolve this issue. I recently met a phrase in an article of Olymp Trade saying that a trader remains a trader in any situation. And it seems to me that it really is, and it really shows your economic preparedness and professionalism.

K.Munusamy From Malaysia | | Sunday, April 19, 2020

I don’t know what professionals will say about this broker, but in my opinion it’s a nice one. I’m only a newbie so can’t judge about the variety of indicators and those kinds of things, but look, the company has got so many pros that I can create a whole list here: 1. Registration is easy, account is well protected with two-factor authentication 2. Demo account is unlimited and has got all the functionality of a live-trading account 3. Education is free and quite useful 4. Deposits start with only $10 5. Minimum risk per trade is only $1 Apart from that there is one more thing that stands out among other brokerages. This is their trading platform. From what I understand, the software was fully developed by Olymp, and it is really much easier that MT4 to trade with. Basically you can limit your trading skills to buy and sell buttons. The broker will place the stops (you have to enter the amount you want to risk yourself though), close the trade when it’s time, etc. Of course this is not something that I suggest everyone doing, but the fact that you can never forget to place your stop-loss order is very good in my opinion.

Evva Kafeero From Zambia | | Monday, March 9, 2020

I very often communicate with other traders, sit on forums and generally try to keep in touch by all available means. And that's why I like when a broker can help me in this. For example, at Olymp Trade there is a whole group of social networks that allow traders to get acquainted with the trading terminal faster and quickly learn all the features and functions, it allows you to start working in the way you want from day one. Plus, this is a great way for beginners who do not understand what to do and where to run, and in tandem with experienced traders, they are able to immediately get answers to their questions and also become a professional who is well oriented in the market. This is a cool tool and a great opportunity.

Cleo Sanford From Thailand | | Wednesday, February 5, 2020

If we talk about modern brokers, which I have been looking through in recent years, it is olymp that has attracted my attention as much as possible, because it has a huge number of services that can help both a beginner and a trader who has been trading for several years. Right here you can conduct market analysis and make transactions using dozens of assets from currency pairs to commodities and stocks. There is some incredible dynamics here, which allows me to work hard and quite actively, and that's considering that I trade for about five hours every day. I think everyone can find something here for themselves, and there are good spreads and commissions, so you can give yourself the full freedom of action...

No news available.

443 responses to “Olymp Trade”

  1. After about a decasde in the industry you still think the broker is a fraud… I find that hard to accept. I have used the broker and I have not had any issues.

  2. I trade metals at Olymp Trade and learning how the signals work and the options between different trading strategies will help me make my trades in a more informed way. The cost of these signals also seems quite reasonable, so I think it wouldn’t hurt to try a few of them. The introduction of these new features should make my Olymp Trade review even more interesting!

  3. the technology is so advanced now that brokers are capable of offering such great features, olymp trade is a pioneer of them.. It is also very safe unlike in this review

  4. That was a leap int o that conclusio. What do you mean the broker is not safe? They have been providing services in the industry of about a decade now with a good past record. Operates globally with the exception of the countries that you would expect, and also is regulated by the International Financial Commission. So what are the basi of saying the broker is unsafe? I have been trading with the broker for the better part of two years with no issues with regards to withdrawals or trading.

  5. what olymp trade offers is an exemplary trading environment which is characterized by an advanced yet user-friendly interface for every single trader there is. Their commitment to providing comprehensive educational resources is commendable as well, enhancing the trader’s journey towards mastery.
    Therefore, what I think about the whole package that is being offered is that, it is a well done job.

  6. I want to update information in this article a little bit based on my experience.
    They now have an option to fund a trading account with USDT.
    It is okay that I had to update article =) as it was written apparently quite a long time ago.

  7. I don’t get it! The article gives a lot of evidence of reliability of this broker. But at the same time the opposite conclusion is drawn😾

  8. Are there any troubles while depositing and withdrawing funds? How frequently system’s malfunctions occur which hinder hassle-free money extraction?

    • Oh, your narrative sounds so serious. No malfunctions occur, brother. At least, I am trading here for a bit more than half of a year, and the company instantly withdraws my funds after the request. I advise to use crypto payments because it’s all about increased security and velocity. The same applies to the depositing, it’s actually fully hassle-free, money is listed quickly without any troubles.
      If you still doubt make an experimental deposit, then trade for a while and try to withdraw these funds. Bet no difficulties gonna occur.

  9. This article or review, however, you want, contradicts itself.
    In the beginning, and later in the text, it gives two different pieces of information, it says:
    – Beware Olymp Trade is a Non-Regulated broker.
    – Type of License: Offshore License, St. Vincent and the Grenadines.

    In fact, Olymp Trade is a member of FinaCom and that’s all you need to know regarding its regulation.

  10. I didn’t trade FTT too often till these days. Now am completely hooked on it since it allows generate more profits in the short time, unlike forex for example.
    lately I noticed some changes in the return rates on some of the instruments. What’s this all about, does anybody know?

    • The broker actually increased the profitability rates for all the statuses for the FTT instruments. Now, you can make more profit from FTT, across all of the statuses.

  11. It’s not just a browser with interesting trading conditions, it’s the company with a rich history. And it’s even more attractive for traders and investors.

  12. Yes, this article is one that needs to be updated a long time ago. It simply does not correspond to reality.BTW, they announced another change to their platform.

    • Oh, you’ve misprinted, it’s called QuickLer, never mind I’m just a nerd xD Answering your question – yeah, I did try it and it seemed to be a good tool for scalpers. It certainly suited me.

  13. Clear and concise review of Olymp trade. All the major aspects of the broker have been covered and I have nothing to add to it. Except the fact that Olymp trade also has an impressive brokerage history to consider.
    The broker has been operating in the forex market for almost a decade. It was established in 2014 as far as I remember and since that time there were no major issues or reputational problems whatsoever.
    I think it’s a good sign that traders can trust this company and they don’t have to worry about the safety of funds. It gives the necessary peace of mind that is mandatory during the tarding.

    • Yep, reputation mainly speaks a lot.
      The Olymp trade brand is quite loud out in the market, it seem to be so, at least.
      The company have recognition in the trading circles, that is commendable.

  14. Olymp Trade is legit as a broker can be!
    Being a member of the Financial commission is the best possible prove of its legitimacy.

  15. Legitimasi broker ini kayaknya nggak bisa diragukan lagi. Bertahun-tahun mereka udah merekomendasikan dirinya sendiri.

  16. Finacom is a really powerful regulatory body too. I just find it unfair to say that there are no advantages of trading on olymp. The broker is miles ahead of many brokers out there.

  17. I am not even considering that as alternatives to olymp trade. Yeah, because there is no alternative. The things and the quality that is offered by olymp trade you could not find anywhere else. I dare you to do it! Alternative is when you are not satisfied and you’re gonna get another one but that is not the point. People who use olymp trade they fundamentally understand why they are doing that!

  18. In my experience, Olymp Trade has proven as a legitimate and trustworthy broker. 🔒
    They operate under strict regulatory frameworks and hold licenses from reputable financial authorities. This provides traders with a sense of security and ensures that their funds are protected.
    Furthermore, Olymp Trade has been serving traders for a significant period of time, earning a solid reputation in the industry.
    Moreover, Olymp Trade’s adherence to ethical business practices and focus on customer satisfaction further reinforces its legitimacy.

  19. I think they got the broker’s license wrong. Olymp trade is regulated by the FinaCom institution. Which is much better than St. Vincent one, as far as I’m concerned.

    Does anybody know what are the major advantages of Olymp trade FinaCom regulation?

  20. Have no idea why the authors of this article decided to point out this broker’s illegitimacy, while the company is supervised by a pretty well-known Financial Commission that is consdiered to be the hugest watchodg on the market.
    Olymp Trade, in its turn, has been providing quality conditions to its clients for ten years. This term is enough to become convinced of the company’s trustworthiness.

  21. I am completely satisfied with the list of markets that I got access to by opening a trading account with this company.
    – currency pairs
    – stocks
    – metals
    – indices
    – cryptocurrencies
    – ETFs
    – commodities
    – and others
    I don’t think every broker can provide their clients with so many assets.

    By the way, apart from assets, the broker provides an excellent set of instruments. I mean indicators and technical analysis tools.

    • Completely agree and I will even add their review on situations that are actually helpful if you are not blindly going ahead with that information. If you have some analytical mindset you can make it to your advantage. But what about provided instruments and technical analysis tools, indicators and oscillators you said totally fine.

  22. Olymp Trade is one of those brokers you can certainly reccomend to your friends and trading buddies.
    Company has been in industry for a substantial time to state it is one of the most popular and known broker around the globe. Broker puts much efforts in the business developing and is maintaining a high quality of services it provides.
    I like the fixed time trading mode. I usually do intraday, and additionally I can hedge my main positions in another mode with that. It is very important for me now, because I have a lot of long-term trades, so I can spend bad times without any risk.

  23. I always judge all brokers I stumble upon through the prism of my experience of trading on the market.
    This one is a treasure for me, even though it doesn’t look like all fancy brokers. Its infrastructure, conditions are considered to be the company’s business card. Presence of several trading modes is an endemic feature, no cap.
    So, I positively assess my experience here.

  24. Recently opened USDT account here because nowadays it’s a hyped theme.
    It turned out to be the best substitution for ordinary accounts, as Tether US is attached to the US dollar, thus there are no differences at all in case of exchange rate.
    While the difference in the speed of depositing and withdrawing funds exist. Plus, I am from the tribe of those who believe in high transaction security.

  25. I liked the conditions this broker offers. I read a lot of interesting things on the official website. And I even tried to trade on the demo account. I heard that the broker allows you to have an account based on cryptocurrency. How does it work?

  26. In the beginning forex trading with multiplier and fixed amounts would be unusual, to say the least. But after all I think that this way of trading is kinda more convenient than the conventional one.
    You can change leverage in real time right on the platform too.

  27. FTT seems to be a good substitution for those tired of forex trading. it contributes to your skill development and funds receiving. why it isn’t so cherished in trading circles? I ain’t know really.

  28. Some Olymp trade reviews claim that the broker’s trading modes are the way to diversify or hedge your assets. I can totally agree on that!
    Having traded with the broker for several months already, those modes are the main highlight of my trading.
    Despite it is very difficult to achieve a certain level of expertise in all of them. Especially it is fair for FTT and Stock Price, as these modes are not so widespread to begin with. In addition they require completely contrasting skills to obtain.

    FTT is more on a technical side, since your orders usually have a short expiry timeframe.
    Whereas Stock price mode, on the contrary, entails the holding of the position over the substantial course of time.
    But on the flip side it motivates you to investigate and learn so much!

    • You can:
      a) withdraw earnings in cryptos using several crypto wallets. But in this case you’ll have to pay conversion fees on top of transactions inside the blockchain commissions.
      b) create a USDT account of olymp trade and trade directly on the market in USDT stable coin.
      This way you won’t require converting fiat in crypto during withdrawals. You can withdraw right to your USDT wallet through several blockchain networks.
      It’s cool innit?

  29. There is a serious yet fun trading environment here. Everything you do is real, but they visually they look pleasing, and not dull and boring. Great for me.

  30. I like this company for several trading modes and fixed time trading is my favourite! Just a nice option to hedge my main positions. But it is also nice for some intraday strategies, so I will trade here for long.

  31. I like that I can do everything very fast.
    I open my laptop, log on to platform and after few clicks I already made some money.

  32. I appreciate the whole idea of the broker to give traders more possibilities with all those trading modes. As all of them are quite different from each other. It basically means that if you mastered one, it’s not necessary that you’ll be good at all of them.
    The amount of time that one must spend to get a decent understanding of all three is immense.
    I don’t think that you really need to do it though. I believe that you need to get the impression of the modes and pick one that you think suits you the most.
    As the downside of the broker I would say that the three coins is too little.

    • At first, I was like, ‘this one is not saying anything.’ But then I thought about it and it is absolutely true. I only stick to the olymptrade forex mode. I know how to make money with FTT but the regular forex suits me more. Of course, I can still trade any mode I want but it is best to stick to one.

  33. The broker is what I would call “very universal”. Some say it’s for newbies only, but it’s not so. Its platform greatly differs from traditional platforms, but it’s worth trying.

  34. This platform looks like it is worth checking out, maybe I’ll get something useful out of it. I want to try the demo first. Do I have any certain time limit for trying out the demo account?

  35. Trading here has been the highlight of my year. It is not a sad thing for me because I have moved from zero to ninety in no time thanks to this broker. The quality of my life has improved so much from struggling to fund my account to funding several accounts.

  36. Olymp trade is a very handy platform for trading. I am not into fixed time trading, I find it a little bit difficult, so I don’t use it. But other services are pretty cool. The amount of assets and trading platform are much more important for me, so it suits me a lot. And client service is very friendly which is good.

  37. I’ve always liked online platforms. And I finally found one that is perfect for my trading ideas and needs.
    I’m sure I’ll be with Olymp Trade for a long time.

  38. I traded with Olymp Trade broker couple of years ago and recently decided to get back to trading.
    In fact, many things have been changed and it delights me for real, it means that the broker continues developing.

  39. I faced a solid number of difficulties right after I opened here real account. However, due to the comprehensive support from client service I managed to figure out all features quickly. I’d express my gratitude to them.
    Nevertheless, as I like asking questions, I want to ask you guys, do you like your experience of cooperating with Olymp Trade? If yes, then why? We should be objective, you know.

    • My experience with Olymp trade is very positive. The broker tries to make trading as comfortable as it can.
      I trade mostly in forex mode, and sometimes buy stocks with stock price trade mode. It requires time to get used to the Olymp leverage and the absence of spreads. But in the end commissions of the broker are very affordable. And in the stock mode the commissions are levied only in the case you close the deal in profit. It’s called a success fee.

    • Yeah, the experience of cooperating with Olymp Trade is pretty good. At least, I have no reasons to schools this company for something or to pick on minor details. Why does the company serve for? It serves for providing mediation services in the market to be a conductor among the market and trader.
      This one handles its duties and my overall experience with this broker proves this fact. I managed to get one and a half of my monthly salary within two weeks of trading. Is it good, or bad? I think it’s good enough. Undoubtedly, I am not going to stop as well as I am not going to rush the market to get maximum out of it.

  40. I have a mixed feeling about the broker. On the one hand it’s very interesting for me. Fixed-time trading offers very promising opportunities for intraday traders. On the other hand, it’s very different from trading Forex on classical platforms such as Metatraders and therefore I need some time to get used to this and learn how to use it correctly. It’s not easy but interesting.

  41. I never thought that my trading experience in this broker would be so extraordinary and intense. I mean, I am used to trying out all kinds of proprietary trading platforms of various brokers, but let me tell you, this one has been something entirely different than what would usually find. Every other characteristics apart from the trading platform has also been successful in my book. Whether it is deposits and withdrawals, the approach and the speed of customer support fo find answers to your questions and tickets in a timely manner. It is awesome.

  42. Some points I will agree with you, but now its updated completely. When I started I too feel these guys are cheaters, but slowly I studied markets and build up my own strategy. Yah now I am full time trader in this platform and making money much.

  43. The attention of the company to the details of security is awesome. Especially I would like to point out the possibility to enable two step verification option in the trading platform.

  44. I’d characterize this company: so-so.

    There are lots of things that are peculiar, actually this broker handled the task of creating a good ecosystem inside a big trading one. You know, it’s like a small world in a bigger one, as there are many trading communities in various social networks, responsive customer supprot that operates using 13 languages, interesting conditions for trading and tons of assets available for clients.

    However, it lacks of modernity in my opinion. There are no hyped trading platforms, I have no feeling that I am connected with trading world. Maybe it’s just a personal perception…

  45. I need more time to get used to this platform because previously I traded with Metatraders only. I’m struggling to choose an optimal fixed amount to avoid a pullback. Nevertheless, it’s very interesting for me and I realize that I need more practice to benefit from this.

  46. I have no reason to belıeve that there ıs somethıng shady goıng on here. A lot of my friends across my trading communities have been trading here for a lot of time without a problem. The place is safe.

  47. Olymp Trade’s ftt is tha real one! Nice thang you can train on demo to avoid losses. Numerous strategies can be applied in this mode.

  48. you literally can trade with olymp trade 24/7. Because some instruments are available for trading even on the weekends. How cool is that?
    This is priceless for the people who are not redy to devote their whole life to trading and give up their current careers, whatever it may be. You can simply trade on the weekends, make some profits for yourself and your family, this is an amazing opportunity.

    The only minor disadvantage is that there are not many assets, some composites and crypto if I’m not mistaken. So if you’re a fan of composites make your move.

  49. Olymp Trade is just what I was looking for. Fell in love with its branded trading platform! The optimization of desktop version is nice and one-click trading mode switch is very handy! Olymp trade is best!

  50. I had made a deposit on 29 June 2022 at around 8 am. But they are saying me to produce the proof of the time of deposit. I had sent them the date and amount and transaction number slip. But they are insisting me to show the time of my transaction. Once they told me that I need to wait for five days and my issue will be resolved and money will be credited in my bank account. And after five days when I had contacted them they are again back to the old trick of asking the bank slip which contains the time of the transaction. But my bank statement doesn’t show the time. It only show the date, transaction number and amount. So again and again they are asking me the proof of the time of the deposit. Once while chatting their customer service made me to wait for 30 minutes. That was intended so that I will close the chat. Their customer service agents is coming with different names. God knows whether they are really different or one or two person.

  51. And I like broker’s trading platform interface! In my opinion, it is perfectly balanced. This platform is multifunctional tool despite its simplicity of use.
    With its help, I apply few trading strategies and don’t have any difficulties at all! It’s excellent that broker offer traders their own platform, which is perfect for trading.

  52. wanna review olymp trade broker, because it helped me to make my dream come true. I came into trading because of one main reason – to have a stable income and come to my previous workplace and tell my supervisor something like “Y’ALL ARE LOSERS”! Ofc, I didn’t do it, I just told that I leave 😀
    Everything because olymp trade provided me with cool conditions which helped me to start sorting out in trading activity and start earning money.
    I understood that this activity is full of risks and perhaps I’d lose money, thus I had a special fund, where everythign was calculated beforehand. Such an approach is mandatory for traders in order not to get disappointed by the losses.
    Platform, customer support, education – everything is cool here.

  53. hm… fixed time trading mode seemed to me pretty interesting, moreover the company offers a small education concerning how to trade in this mode.
    anyway, I picked classic forex trading cuz’ ain’t nothing better for me than forex trading.
    Fixed time trading is also cool, but for an amateur… Specific mode, which also can help traders to earn money.

  54. Recently started trading here and have a question, can I withdraw money using another payment method? I mean it is different from the one I used when deposited funds.

  55. Olymp trading is best brokers at the forex markets. As a experienced trader can confirmed that olymp have great fix time trading condition. The return rates are highest than on the other brokers company.

  56. trading with olymp is a new chapter in my trading career. before i didnt know how trading should be. now i use trend lines, some indicators and of course analyze my statistics after each trading sessions.
    stop loss orders is a must in every opening positions!
    i stay in touch with traders from olymps blog so we a friendly competition between each other.
    the problem is that i dont have much time for trading. is there smth i can do or use with it?

    • Well the only answer I have is to try a mobile trading. As far as I know Olymp Trade has a mobile application designed for this. Many traders find it helpful

  57. Fabrizio Loggia,
    This broker does not have any hidden fees. Tested it by myself =) Olymp only gets commissions for making trades. Account of real trader is serviced free of charge.

  58. noticed olymp trade accidentally in search engine and the reviews astonished me… decided to join this company and detected that it proposes a whole community of traders where they share their experience and knowledge.
    I wanted to get involved in this community and I traded here for a solid amount of time… I noticed here some weird things with fixed time trading regime, idk, whether my pc lagged a lot, or the platform, but generally – the conception of such a regime remains unclear to me.

    nevertheless, broker deserves being noticed by trading community, so you can try it out and make your own conclusions.

  59. I was lucky to choose OlympTrade as my first broker!
    I came to forex market with no knowledge of trading.
    Thanks to materials on Olymp website I understood how to trade on forex market. It turned out that market was connected to everything and had different rules!
    Now I trade on demo. This was necessary to build my skills. Demo helps newbies gain experience in trading and learn from mistakes. Soon I can get confidence to use my knowledge in real market.
    It’s great that broker helps newbies become confident traders!

  60. The review is so misleading. So biased. Just write a blog about your preferred brand instead of writing lies against a promising broker.

  61. Not sure if there any brokers like olymp trade. I could’ve tell you how good its conditions are and give you lots of digits or say that it’s leverage and spread is outstanding,
    but the thing is it’s all about its platform that allows you to switch from FTT to Forex in just one click. And there’s also a big list of products to trade. I mean you should try to understand how handy it is

  62. Olymp is my favourite and become more popular online investment platform. It is fitted with my needs:
    *amount of trading markets and instruments
    *comfortable trading platforms and chart mechanic
    *stable at mobile app
    *clear and open regulation

  63. Are there any non-trading fees or commissions( ex. account maintenance fee) at Olymp trade that I should know about?

    • I know that there is an inactivity fee. It’s charged in case during the six months your account remains inactive and you don’t open trades.
      Also, as for trading fees, I would note that the broker charges fees for holding a position overnight (rollover). However, it’s a minor detail imho.

  64. Well, everything is quite typical for international brokers. A set of different licenses. So broker is monitored by controlling organizations. What does that mean? It means that quotes are checked and checked against liquidity providers. It’s complicated, but it means they won’t cheat.

    Speaking of safety and reliability of Olymp Trade. I had to figure out what two-factor authentication means while I was creating my account. Well, if scammer will try to enter, he will meet with difficulties, as do I :):):)

    • Yeah, I agree with you that the regulated brokers are always reliable. As for 2-step verification, then of course it might be a bit difficult to understand how to use it, nevertheless it’s the best way to protect your funds, your account and your data.
      Olymp trade knows a lot about security I bet.

  65. Olymp trade definitely has the right to exist. It has its own unique features, such as option trading along with ordinary forex trading, and their own trading platform.

  66. Sharing my experience with Olymp.
    I have been working with this broker for a long time. I have not had any serious problems. All the problems which have arisen have been solved.

    Of course, I have lost my deposit when I have just started trading. But who had not gone through that? Then I started to learn, tried it on demo account. Now I was already trading on my own. After some experience you start to realize that the drawdowns are only the trader’s fault…

    I think it’s an honest broker. Nothing like that ever happened to me. I was able to easily make deposits and withdrawals. I will continue to work with Olymp Trade

  67. The company has its own benefits and shortcomings. Let’s figure out what they are.
    Positives: 3 modes of trading(fixed, forex, stock), great number of assets(currency, stock,crypto etc.), low market entry threshold(trading starts from $1), no commission deposit\withdrawal, highly intuitive mobile trading app.
    Negatives: offshore regulation( St. Vincent & the Grenadines).
    I think the most controversial point is Fixed Time Trade(FTT) that is used here. But if you think about it, you analyse the asset in conventional forex trading anyway and you know where the currency is heading toward. So there’s not much difference between these two. At least you can switch between 3 of them to see what’s the most profitable for you.

    • Oh, I also found origins of offshore to be alarming. But then I looked into it in detail and realized it’s normal.
      Broker has other licenses. Here’s what I found:
      They have FinaCom membership. It’s international financial commission. They control brokers. Checks quotes, helps if something happens.
      Looks safe.

    • Increasing rate of return and maximum trade amount is main benefit for me. It’s about 92 percent of rate and trade amount grows to about 5000.
      Besides good free educational programm you also get an access to individual training and private webinars with vip account.
      And trading signals become available too – good opportunity to make more profitable trades

  68. The main thing is discipline, then the technical proficiency, and then the broker, I think. About the broker, I meant only reliable and trusted. The difference between the two is not so much that I would expect from a broker who is reliable and trustworthy. I have been trading with Olymp Trade for the last 5 months and I’m happy with it. The money comes out all right.
    Only here I want to ask, is it possible to get free procodes?

  69. this is the place where you can earn money if you smart enough to follow your trading strategy and control your risks. NOT FOR GAMBLERS!

  70. I started with only 100$ back in a days and yes I got welcome bonus. Money doesnt matter when we talk about trading. Most important is your statistics.
    So far so good. Olymp services and tools help me to continue earning money so im happy as nobody.
    I think its a good example how you can start from small deposit and become sucsessful because of your strong will.
    If i made it why can not you? Trust in yourself

  71. I’ve been trading here for a few months now. To be honest, at first it was hard and I lost money several times. But I understood that I had to learn more and act the other way.
    Now I’m getting profits step by step.

  72. Strong community.
    I’m absolutely satisfied with the service. I feel that I belong to a community of avid traders as I am. A lot of social media like Facebook, Youtube are involved to stay up-to-date, exchange experience and tips with other traders. If the question isn’t resolved in chats/forums with traders, I get almost instant replies from support.

    By the way, use Help to ask questions. Some users think there’re only educational materials and info.

    Olymp trade has a lot of involving activities like contests, bonuses, trader statuses. You can earn expert points with every trade and then use them for a status upgrade. I have tried all statuses. Now I enjoy Expert status with 92% profit for fixed time trades and a 20% commission discount.

    So, many options to trade, communicate, to be educated and entertained!

  73. Multiplicators is much simpler than leverages, at least I judge about calculations of the possible result actually. I like when there is something simpler than I found from other brokers!

  74. I like olymp educational center and the opportunity to join groups of traders in various social media.I have never met such a broker which would create such a huge community in the internet.

    still have some questions concerning trading, I can’t apply to customer support team because I believe this is a very stupid question and it would be silly to ask them. Maybe someone here know what is fixed time trading ? Traded only forex before.

  75. Olymp is my first broker and it helped me a lot in the trading world. The broker has many lessons, webinars, and other learning materials to familiarize with trading. And I want to thank the Support team greatly, which was always there. By the way, I didnt get it from the beginning that you can contact Support with the Help button.

  76. The broker is regulated and has a long history and reputation. It’s not a market newcomer but it provides a modern tech platform. It works well. I havent faced any tech errors or crashes, no irritating messages like technical works or anything like this.

    The broker has its own platform, not the common ones like MetaTrader. So, it may seem new at first, but then I found it quite easy to navigate.

    It’s available for mobile as well. The most popular tech indicators and graph instruments are included

  77. Olymp trade offers competitive trading conditions which allow traders to make good profits and save them to themselves. Apart from that, olymp trade has a customized trading platform which suits perfectly well manual trading. The only thing I don’t like is a narrow choice of cryptos to trade.

  78. you know, I have never faced such conditions as are provided by this olymp. Y’all gotta pay attention to it and form your opinion.

  79. There is more information about Olymp Trade on the Internet than you can imagine. That’s a fact. Long before I even registered here, I knew it was something big. It really doesn’t just look like a broker, in the traditional sense, it looks more like some community of people who are united by one idea – to learn the market and learn how to make money here, to make it some kind of sustainable moment to work.
    I personally like their webinars the most because they really help me understand what’s going on and get the hang of it practically, because before that, I didn’t understand a lot of the things that I read in theory, and now a lot of things are falling into place and I understand how I can replicate it myself. It is a pity that they are not held as often as I would like them to be. It really is a real education for people who are interested in positive results and serious work.

  80. I’m exploring this platform with great curiosity. What I praise here is that I can enter the market with a system of trades with different level of risk. I choose corresponding fixed amounts and multipliers and trade more or less risky.
    I got one question. How will the profitability of fixed-time increase if I upgrade to the Expert status?

  81. Olymp trade is considered to be one of the reliable brokers I have ever faced. I faced plenty of such ones, but none of them would guarantee the safety of my funds as olymptrade does it actually. It has dozens of regulations and licenses.

  82. I never ever wanted to be an employee. I don’t know exactly when this came to me, but it has always been with me. since I never ever tried – I began to seek options in the Internet.

    I earned my first $10 online in 2012, drawing custom avatars for forums. At that time I was studying at university, and was lack of money, so I had to work as a laborer. just to get a quick cash… I knew it would never bring me a lot of money, so I was looking for more.

    Life became changing after I became trader. I spent about 5 year to master my skills before I become profitable. Last three years I making money with help of olymp broker.

  83. Someone likes the broker Olymp Trade, others say its a scam.
    In fact, I think that it’s hard to find the universal truth as each person can have individual situations and then he writes his review and expresses his opinions.
    All I know is that Olymp Trade is a very popular broker with a large number of traders.
    Everyone has mistakes .. yes, I admit that there may be some kind of problem with the output. After that, the trader immediately runs and writes that the Olymp Trade broker does not withdraw money. As a result, after writing to the support service, the problem is solved.
    Also, if people write that they are losing money here, then perhaps these people do not know how to trade.
    Didn’t you think about it?

    • Any broker has dissatisfied clients.
      It’s just worth remembering that the result is almost always up to the client.
      Broker is all right, as well as its regulation, so the chances of success are definitely there.

  84. I’m not fond of trading with bonuses, but when I joined here I was honored to get a solid sum of bonuses actually. I think I should read more information about the interaction with bonuses.

  85. Regulations and certifications are the most important key features of a proper broker. I believe that traders have to check them all the time when they consider choosing a new broker. Of course, there are some broker, which don’t have any huge regulations and they’re also might be considered as reliable ones.
    This one gained my attention not only by regulations. The most interesting feature for me here is the presence of several types of trading. It’s something new to me.

  86. Trading various financial instruments can be a very difficult task and therefore I believe that only very responsible and disciplined people should be engaged in this, you understand?
    I don’t know if I am such a person but I have already started to try Olymp Trade forex trading.
    I trade on a demo account.
    Even though it’s virtual money and I don’t have to worry, I act like it’s my real money.
    I think that I am doing the right thing, because if you get used to demo trading, then it will be harder to trade later.
    I will not lie and I will not say that I am doing well.
    Trading is work.
    I constantly read something and watch videos about different trading strategies. I also believe that you need to learn from the mistakes of other people. I think that this is correct because if a trader makes a mistake, it means that he loses money. This is bad.
    Nobody wants to lose money, right?

    • You are right when you say that nobody wants to lose their money, but demo account will never make you a good trader, unfortunately. You have mentioned that the people who spend too much time trading on demo find it difficult to switch to real trading just because of the fact that real trading is different in many aspects. I feel that the best way to learn trading is to start with demo and use for several weeks in order to get used to the trading platform, but after it, you definetely need to start trading real money. I am not talking about huge sums of money, actually olymp trade minimal deposit is $10 which is pretty enough to trade microlots and practise the skills which are necessary for successful trading.

  87. I know that promo codes from the Olymp Trade broker are a great way to get extra money in my account. Can you tell me what are the ways to get promo codes?

    • As I know, you need to be very active in your trading. You should trade a lot and frequently deposit your account and most probably you will be granted these promos.

  88. This broker seemed to me pretty reliable, because it has enough certifications, licenses and regulations. Moreover, I was quite tired of searching for a broker of my life and I was happy to meet this one.
    This broker always offers brilliant conditions for all types of a trader. If you are a novice and you don’t know all the peculiarities of trading activity, then you can use educational content here which explains literally everything you need for running successful trading. If you’re an expert in trading, you can pay attention to types of account actually. Traders are divided into three statuses and you can strive to upgrade your current status.

  89. I don’t regret trying this web platform. What I value here most is that it allows me to trade without stop loss orders. Here I invest a fixed amount and if it’s properly chosen I don’t need to worry because I know that its size is reasonable enough to withstand the expected pullback.

    • Yes, that’s probably true, but you also shouldn’t open too many of those orders. Anything can happen…
      I also advise not to open FTT trades that last less than 15 min…

  90. The thing that attracts me to this company is that both a novice investor and someone with experience can feel at home.
    There is no intrusive attention and if you need help you can always get it in full.
    Also I would like to mention their webinars – they are usually not very long, but they can definitely help you with some technical points.
    So I can call the company modern.
    I am sure it has a great future and will work.

  91. Cool broker with awesome trading platform.
    I believe that the most striking difference of olymp trade is the fact that it has its own trading platform. I feel that this platform will be suitable for the beginners because it is really easy to learn and to understand how to work with that in the most efficient way. There is nothing which can confuse a trader unlike mt4 platform where you can find so many different functions which are rarely used by some traders in their work. Despite its limited functionality in comparison with mt platforms, olymp has everything necessary for the efficient market analysis. You can find there lots of indicators and oscillators, there are alternatives for the representation of the charts, there are graphical tools which help determine the support and resistance levels and so on. I never felt left behind in the process of using olymp platform.
    Brokerage commissions are fine for my trading style, I think. I mean that they are not the best on the market, but they can be worked with and they don’t eat up the whole profits.

    • I totally agree with you especially with the fact that olymp trade platform is a nice tool to start with for newbies. It has everything which necessary for the market analysis and it is eas to navigate at the same time.

  92. Olymp TRade is a fraud. But they try to act like they are genuine. I invested a lot and earned good . But then they manipulated my investment. Mostly the Fixed Time Trading is manipulated because it is controlled by the operators or inhouse software. Initially they make u earn profit then when u stop investing or you make a good amount of money they manipulate your Fixed Time Trading investment and put u in loss. This company is not to be seen in any best genuine online trading broker list. So don’t trust this company

  93. I choose short expiry times from 1 to 15 minutes. I use the Martingale system. So far everything is going great and there is no reason to think that it will be different.

    • Olymp Trade trading platform provides all popular types of indicators including volume indicators, trend indicators, momentum indicators, Bill Williams and others.

  94. It’s been a year since a started to work with this platform and I’d like to share my experience.
    First of all, everything is really stable and consistent. I mean that I haven’t really encounter any technical issues with the broker which is really cook, I think. Everything is in my hands and I like such feeling of control. Secondly, the withdrawals are really fast. I mean surely, it depends on the payment method, but I chose e-wallet and everything works pretty smoothly.
    Thirdly, I love the bonuses which I get from the broker. They do motivate me to trade and make my deals a success.

    • You need to log out from your demo account and then log into your real one. They have different logins and passwords.

  95. I am sure that for good and great success in trading, you need to comply with risk management.
    Especially in the case of this broker, because when you trade on a fixed time, there is a lot of temptation. It’s clear. They still want to earn 80-90%, right?
    This is normal and real, but only if you trade correctly and take short breaks from trading. I do this all the time and it helps me ..

  96. As far as I can judge the broker is worth the trust for several reasons. First of all, it operates on the market since 2014 which makes it highly unlikely to be scam because of the fact that the scam brokers don’t live for a long time. Secondly, it has official regulation which confides the trust as well. The main question is whether you can accept the trading conditions which are provided by the broker.
    The trading platform is pretty fine and I could learn how to operate with that quite easily. In spite of the fact that it is not as powerful as mt4, it is not overwhelmed by thousands of functions which nobody uses.

  97. Does this broker offer some instruments in case I want to learn information about trading activity, maybe some educational conent?

    • There are several conditions on vip accounts. Firstly, you have to make a deposit 2k dollars or 2k euros. It’s minimum deposit. Secondly, the mandatory condition is not to withdraw money during 15 days,otherwise your account would be closed. Moreover, you can’t make any deals on ordinary account during 3 months. You can contact the customer support to find out more details about vip account.

  98. I think that brokers should always be responsive in relation to their traders. Often, traders come to particular brokers and they don’t know what to do, so there must be a responsive customer support, which is able to answer all questions of traders and help them to sort out in certain issues. There is a multilingual support, which is considered to be an advantages of the broker. Moreover, you can trader even if you’re far away from the computer, because there is a mobile application too.
    Nevertheless, I don’t like the diversification on accounts, in my opinion, it distracts traders from their duties, because they have to stay competitive on the market.

  99. It’s not uncommon for some well-known company to suddenly succumb to criticism, and it doesn’t embarrass or surprise me, so I don’t think it necessarily needs to be taken seriously, especially if you yourself favour the company because you like the services and stuff.
    On the other hand you should be quiet about the fact that this broker is not a solution for everybody, and I don’t criticize it either, I used to work for a normal company before, but I gave it up because I didn’t like the terminal, while my friend is still working there and is very satisfied, you just have to learn to form your own opinion and not look back at people who can’t understand you.
    In the end, the result does not depend on the company, but on you and your own decisions.

  100. So, what I have at the moment, after 4 years of trading with Olymp Trade broker. Financial losses – $500 (only real loses, I do not take into account training). Profit – 2500$ (successfully withdrawn). A lot of wasted nerves and sleepless nights. If you really burning it – good luck. If you came for easy money, it is better to go to the casino or bet – the probability of winning is higher there. The broker has a lot of training opportunities and a great bonus system.

  101. It makes sense to trade here. I came here solely to try fixed-time trading. I thought I would try that stuff and leave because I was quite pessimistic about fixed-time and the broker in general. However, when I came to their site, I saw that the web platform was a much broader thing than I expected.
    Despite negative reviews about fixed-time trading, I found it promising, however, it requires dedication and attention. Many people try to trade this stuff as Forex but it’s different. After you work on it on a demo account, you will understand how to trade fixed-time properly, if you truly focus on this issue, of course. What’s more, there’s a big stimulus to trade fixed-time with this broker. The broker gives risk-free trades or to put it another way allows to trade at the cost of the broker. Despite the number of such trades is limited and given mostly to VIPs, it makes sense to opt for this. If you are correct with your market forecast, you can open and hold a trade in the gree for free. By the way, it’s much easier to become a VIP with this broker than with other brokers – just $2300.

  102. That’s so cool that I learned about this broker. I had financial problems and was very close to combining two jobs. Of course, it could a real hell for me. I think I could end up being heavily sick. Fortunately, my friend advised me to combine my job and trading. He told me that I didn’t need one more job and could allocate small amounts for trading. I tried it with Olymp. In three months I started to earn extra money with the broker. That’s not big money because I’m still a newbie but it already helps me.

    • I guess that beginners would better start of forex trading because it’s more familiar for the vast majority of novices. When you will gain some experience at forex trading you will be able to start FTT trading. Nevertheless, you can choose by your own, if you have questions about mehcanics you can get acquinted with the instruction on olymp trade platform.

  103. I’m exploring this broker with great interest.
    I have a very deep interest in this brokerage company. I read about it a lot. Reviews greatly varied. Some of them openly praised the broker for a very low minimum deposit. Others blamed the company for fraud. Besides this, there were many neutral reviews that pictured the broker as a company for newbies. All of this made me enough information to ponder over and over time I made up my mind to open a real account to see what was true and what was fake.
    I allocated about hundred bucks as a probable sacrifice. I admitted the possibility of being scammed, but the only way to test any broker is to try it on a real account. So, I dared and I saw that the broker was absolutely genuine. I traded very intensively for several months on its web platform and I also frequently withdrew monthly to my credit card.
    The trading process was smooth. I didn’t see anything suspicious. I didn’t complain about withdrawals. However, it took me some time to get used to the web platform because it greatly differs from MTs I used previously. Over time I learned how to use fixed amounts and multiplier values for different assets. In general, I’m satisfied with the Olymp broker.

    • Yes, I also, like you, decided to take a risk and deposited an amount that I would not be afraid to lose. Only this amount was $500. I, too, before I started trading, read different reviews about the broker, and of course I saw different opinions. But nevertheless this broker was recommended to me by my friend, whose opinion I trust as well as my own. I did not use a web platform, but traded directly on their personal trading platform, which I did not have to adapt to, because everything seemed clear to me right away. I was not even worried about the profit, because I have seen many times that a friend withdraws money to his card account and I have never had any complaints from him about this. I also receive withdrawals according to the regulations and I have never had to deal with delays in withdrawals due to the broker’s fault.

  104. I needed the opportunity to make money online. In our unstable time, this is a necessity. One day I realized that Forex trading is what I need. The search for a broker did not take long. The choice of the broker was obvious. Olymp Trade reviews are all over the internet and I’ve read a lot of good information. This encouraged me to open a demo account here. I did it and do not regret it.
    To be honest, I really enjoyed trading. I did it on a demo account on the Olymp Trade mobile app. I could replenish virtual money and that’s cool. Thus, I learned how to trade and created my own trading strategy.

    • To be honest, I started with Fix Time. Because it takes less time and less action. I think that in this method of trading, everything is more clear. Then you can start trading OlympTrade Forex.

  105. This broker inspires trust because it is regulated by well known regulators and has a deposit insurance. I believe that every broker should be reliable enough in order to provide its traders with confidence. Traders always should be convinced that their money are in safety and they will have no any issues with withdrawing earned money.

  106. The OT trading app is a good solution to trade on the go. I like the FTT type of trading as it’s very easy to begin exploring the financial markets with real money. I also appreciate that Olymp Trade has so many educational videos to learn about the platform and trading strategies based on technical indicators. I have already found a couple of combinations that work well.

  107. Their alternative system of trading helps me to explore new assets. I mean the possibility to trade with fixed amounts and multipliers. When I’m getting familiar with a new asset, I set the lowest trade parameters not to lose a lot. Once I get along with the asset, I gradually make those settings riskier to count on greater profitability.

  108. When I read the trading conditions of the Olymp Trade broker, I saw the opportunity to conclude risk-free transactions can be used by traders who have a VIP status.
    By the way, getting the VIP status of OlympTrade is not difficult. You need to make a deposit of 2000 dollars.

  109. I believe that this broker provides its traders with everything they need. There are plenty of features starting from trading community, ending with free analytic tools. Actually, I suppose that it won’t be difficult for a trader to sort our on this platform mainly because it’s quite intuitive in navigation and other things like registration and so on. So, traders don’t need to bother about time which they will spend on the learning because it will be much faster than they would expect. Anyway, in case they will have some questions, they always can apply to customer support which is responsive here.

  110. I liked olymp trade platform for the fact that I have never faced any problems concerning deposits and withdrawals which is the most important thing for me. Now I am sure that I can work with this rokerage because because it is honest and consistent. More than that, there are lots of diferent financial instruments which I can trade, so, I have lots of trading opportunities and everything is convenient as I can switch from commodities to cryptocurrencies within one single click. I have heard about expert accounts and I know that this account provides some extra features, so I am curious to know, how I can get expert account and what are its perks?

  111. Some people do not understand that you can make money on the Internet .. It’s good that I’m not like that. I am always looking for a way to make good money. Make money for the family.
    Forex trading is one of those methods of making money online. I started doing this a year ago. My broker is Olymp Trade. This is my first broker and I hope that we will continue to cooperate. I do not see the point in changing the broker because I like the trading conditions of Olymp Trade. There is a large number of assets, no spreads, and a convenient trading platform.
    In addition, you can download the mobile application and trade anywhere!

    • As far as I’m aware, Olymp Trading gives risk-free trades for VIP clients only. You may contact the support team to get a more detailed information.

  112. That is a fairly good brokerage. I haven’t heard about any scandals associated with this broker, however, the conditions are also nothing to write home about, like fair commisions and no spreads. Anyway, that is good platform to trade, from my perspective.

    • Yes, indeed, sometimes the lack of scandals is an indicator of the reliability of a broker. Usually, if something bad happens, we immediately run to leave complaints in blogs, on forums, in the support service. If everything is well, we usually trade quietly, withdraw our money and do not waste our time writing positive reviews on the Internet. That’s why the absence of bad in this case is already a good thing. By the way, surprisingly, but there are a lot of good reviews online about the Olymp Trade broker. I came here to trade after reading one of those and I have never regretted it.

  113. I heard a lot of controversial things about this broker, but in the end my curiosity overcame my fears and I dared to try it. So, it turned out that it’s more interesting rather than scary. I’m currently exploring their web platform with great interest and experiment with multiplier values on different assets.

  114. It is very convenient for me to use the Olymp Trade mobile application for trading. I trade fixed times and can trade anywhere anytime! This is the main advantage of this broker.
    I also plan to trade Forex on OlympTrade MT4 in the future. The broker provides access to this platform. It’s very professional ..

    • Trading is a very interesting field and also very profitable. There is only one condition: you have to think through your trades and analyze them. You can’t just thoughtlessly invest your money. Otherwise you can lose it. That is why, first of all, I found educational materials on the website of the broker Olymp Trade, studied all the charts and trading tools presented. Of course, not everything was easy at first, I had losses, but then it all worked out well. I was able to make trades which I could not only enjoy but also earn good money. I got what I wanted. Every day, spending a few hours in front of my computer I got satisfaction from my work and as a bonus I got sufficient funds and a schedule that would suit me. Earned money I receive on my card, withdrawing them without any problems. I do not have any problems with withdrawing funds from my trading account. The broker has an official youtube channel and an official facebook community. This once again shows the transparency of the broker.

  115. My friend brought me here. He told me different things about Olymp, but I can only recall so-called “risk-free trades.” The very idea of trading at the cost of the broker attracted me a lot. I have never done this with other brokers.
    I haven’t satisfied this need with this broker completely. Yeah, I took advantage of two risk-free trades that the broker granted me for my participation in tournaments, but I realize that I need a VIP status to enjoy more risk-free trades and I’m currently working on it.
    In my opinion, the most rational use of risk-free trades is long-term trading. I really hope that I will become a VIP user this year.

  116. Guys, If you are thinking to earn money through Olymp trade then stop yourself because you will only loose money. If you intend just to pass your time with demo account then its good time pass. Never invest your money because you will loose it for sure. When you invest money and place a trade, the graph reverses right from there and I know this because I have tried all strategies and different time zones to see if it works AND it does not work, instead loss everytime. Therefore, donate the money to poor if you have too much than burning it here. I have lost more than 50000 in one month. ITS A SCAM

    • You made me laugh. Does the chart change direction when you open a trade? Do you think that you are the only trader with Olymp Trade and the broker is reworking the chart according to your rates? Admit it, you opened a minimum deposit account, right? And the broker immediately attacked your deposit?
      You can easily open a demo account and a real one at the same time and check the quotes there. Do you really think that knowing about the possibility of reconciliation of charts, the broker will deceive you?
      Perhaps you analyzed the market incorrectly and opened a position in the wrong direction, this often happens, the market is unpredictable.

  117. When I was a beginner, I was frustrated many times at losing. The first thing you need to do is get rid of negative attitudes and fear, become a supporter of even a small percentage of people who earn, including trading with Olymp Trade. You can visit any site or social network and see that a smaller part of them, but still exist. This is true, the smaller part earns on the larger. So go far there, see how our world works, a handful of people whose families are only a few hundred wealthy around the world, and in fact pay them a few billion people. Think like them.

  118. I understand that everyone has their own experience and their own strategies for successful trading with Olymp Trade. Now I am studying various types of indicators and I would really like experienced traders to advise the three best indicators that give the smallest errors in the direction of opening positions.

    • I recommend using three moving averages with periods of 14 – red, 21 – blue and 50 – green.
      This should be used in conjunction with Bollinger Bands (BB) – period 20, deviations 2.

  119. Hello everyone. I live outside the city, also I am not so wealthy as to afford to install a satellite dish. In this regard, I often have a break in the Internet connection. Therefore, my question is, is it possible to open and close transactions by phone call?

    • Yes of course! Nowadays it is difficult to find a broker who would not have the ability to trade from a mobile phone. The Olymp Trade team was among the first to develop its own mobile application. Currently, the broker offers convenient and functional mobile applications for Android and iOS with many trading tools and bonuses.
      You can quickly download and install it on your phone through Google application and start using its capabilities.

  120. I have been trading with Olymp Trade for four months now, I started on a demo account. When I read the real reviews of Olymp Trade, I realized that you must first use the demo to get acquainted with the broker and, most importantly, test the strategies on a demo. Olymp Trade has excellent conditions for beginners – if you lose your deposit due to illiteracy, it’s not a big deal, the losses are small.
    I work once in several companies and here it is most comfortable, first of all, because of the really understandable and super adequate platform. Satisfied that there are a bunch of indicators and oscillators by default. And in general, the profitability here is not bad, especially if the depot is brought to the required size, VIPs can have up to 90% from the transaction. I work on 60 seconds, I take a maximum of 5 minutes, though then I can’t do without analysis.
    Adequate conditions and not bad support. By the way, it was here that the manager advised to always adhere to the rule: open a deal no more than 5% of the deposit. I almost always observe this and in fact there was never a complete loss of the deposit. I have already added funds 2 times (December and April), now there is a stable growth of profit, I hope it will be possible to withdraw the net profit by June.

  121. Now Olymp Trade is either doing rebranding, or simply being updated on a large scale, but their service level has grown significantly and for the better!

  122. I was contacted by this company about 9000 British pounds that I had accumulated from their robot trader. I great I thought. Then they asked for various amounts of money to release the funds . 5% for this, 15% for that and a few more then I had an email eventually saying that the money is to be released after you pay another 15%. They had payments through Bitcoin which I believe I cannot retrieve and the money was not being handled by them , so they say, but by the WTO (world trade organisation).
    None of the withdrawal system was transparent. The actual person I dealt with on WhatsApp was pleasant but her English was poor and she skirted around any questions asked. She kept telling me that all the money I had paid in would be returned, the question I asked was why do I need to pay it if it will come back to me. I can now withdraw the money( sent me an email) but don’t have any funds to do so.
    STAY CLEAR OF THEM. I learned the hard way!!!!!

  123. Hey guys, I checked in here a few days ago. It seems to me that Olymp Trade is a cool broker 🙂 There are so many useful things here.
    Where do you think it is best to start learning? The broker provides FTT, but MT4 is also available here. Should you trade on MT4 right away?

    • In Olymp Trade FTT, traders need to predetermine the duration of a trade. Meaning, before opening a trade, we should decide how long that particular trade should be opened. The trade will be closed once the time expires.
      In Olymp Trade MT4, a trader is able to open and close a trade as he/she wishes. Traders can also use Stop Loss and Take Profit functions to close a trade automatically.
      In terms of turnover, Olymp Trade MT4 offers more flexible conditions, where a trader can decide when to close a trade and how much profit is enough for them.
      Thus, I think MT4 is more suitable for a beginner.

  124. I think that it would be rational to combine Metatrader and their web platform. They have their own strong points. Yeah, I agree that Metatrader is more suited for long-term trading due to classical leverage and the impossibility to trade fixed amounts. In turn, the web platform is good for active trading throughout the day, including scalping because it allows to choose how risky your trades will be.

  125. Olymp Trade offers normal trading conditions. There are fixed orders and traditional Forex that professional traders will like more. I think that a FTT account is not a serious trade .. I don’t know who uses it at all. But Metatrader is good. You can use technical analysis and open long term deals. I think that here I can make some money …

  126. I like Olymp trade because we don’t need large deposits to start trading here. Traders can start with 10 dollars and trade a wide variety of trading instruments. Olymp trade is the broker of all types of traders. Customer support is good too.
    I am trading with them now to use skrill mostly for deposits and withdrawals. I wish soon they introduce local depositors for Indian traders.
    Olymp trade needs to add more deposit methods for Indian traders. This will make things easy for Indian traders, and they will able to deposit and withdraw fastly.

  127. I trade on their MT4 ECN account.
    For more than a year I have been trading with this broker. I opened an MT4 ECN account here because I find it the best solution for me. For the last time, I have realized that there’s nothing better than scalping. It’s because I’m exhausted by the irrational behavior of market participants. I often see that the market often goes where it shouldn’t. So, I’d better grasp small gains on each trade. The number of such trades within a day is very large for me and that suits me. I don’t reject the very ideal of long-term trading but I rarely catch the right moment to enter the market. When scalping, I can enter the market at any time.

  128. It is good that you are trying to trade with Olymptrade on FTT. But, I want to tell you that this broker also has traditional Forex. You have the opportunity to trade on the most popular trading platform Metatrader4. You can download it on the OlympTrade website..

  129. Hello everyone! I’m trading with Olymp Trade for more than two months. I like this broker.
    All this time, I have traded on FTT. It’s a good place for beginners like me. But, I want to try myself in the more challenging trading platform.
    Have the Olymp Trade another terminal for trading?

  130. I know that olymp trade is in high demand, but there are also nuances here that you should understand. Instead of spreads, they take a commission here – so it’s better to specify in advance in the terminal what size it is. But the webinars here, of course, are something necessary – very detailed and always with some original nuances. Never miss this because it is free and valuable.

  131. In my opinion it is correct that there are no spreads and they have been replaced by fixed commissions, which depend on the amount used in the order and the type of asset. Because it leads to the fact that you know immediately how much money you will need for a particular format of work. This is really important and convenient – again, purely in my opinion.
    And I also like the olymp trade webinars because they are really short and packed with a lot of data. That’s for sure.

  132. I’m never tired of experimenting here. This brokerage service gives great opportunities to make your trading more effective and flexible. Earlier I was used to trading on traditional platforms such as Metatrader. You know that it’s all built around classical leverage, the size of which can be changed only in the personal account. Of course, it’s not convenient to go to your personal account each time you need to change the leverage size, especially in times of high volatility.
    Olymp Trade offers an alternative system that I find very advantageous. It offers multipliers instead of leverage. Here you have an opportunity to choose the size of leverage for each trade. It gives you amazing flexibility controlling your risks.

  133. I have been using the Olymp Trade platform for three months now. I spend all the trading processes on my phone, as I often travel on business trips. By the way, the application is comfortable and not difficult to use. Also, there is a hint menu for beginners.
    I’m an experienced user, but I want to know why sudden freezes and jumps in graphs are? The same goes for candles. They stop abruptly for ten, maybe fifteen seconds. I know that my mobile internet provider often reloads system and fixes troubles. May it impact the speed of charts updates?

    • Strange, maybe it depends on the provider? Perhaps you should pay attention to the speed of the Internet you have? Because I have not encountered this kind of problem with Olymp Trade. And I’ve been trading for more than a year.
      Of course, all sorts of things can happen. No broker will guarantee 100% absence of such things as slippage, delays, requotes, etc. It’s normal that such situations sometimes happen. Moreover, if they don’t happen, you should think about how the broker executes orders?

    • I think that this app can be good for monitoring your already open trades but when it comes to market analysis, desktop solutions have no rivals. I never use apps to trade because it’s hard to draw lines there. I guess it would be very hard to make it convenient in this format. Olymp has a very good web platform. So, you’d better use it.

    • You can deposit with the use of several payment methods. You can simply use your debit or credit card, then you can pay with an e-wallet or via internet banking.

  134. I was attracted to Olymp Trade because they pay a lot of attention to education. After all, a lot depends on it. For example, the trader may not know how to use the indicators. But thanks to clear tutorials and ready indicator strategies, it will be easier to understand such material. And therefore, he will expand his capabilities and can increase his profits. Isn’t it wonderful? So, in general, you can find information on almost any subject at Olymp Trade. And I really like it. Even if I don’t know something, I go to the company blog and see what I need.

  135. Before my acquaintance with Olymp, I knew nothing about fixed-time trading. I traded Forex all the time and I thought I would keep doing that in the future. However, my friends advised me to try fixed-time trading. They pictured it as an extra income for a Forex trader. I got interested. In fixed-time trading I like a possibility to work with very small timeframes. So, each time I hesitate to enter the market on H4 or H1 as a Forex trader, I simply shift to fixed-time.

  136. Fixed-time trading intrigued me from the very beginning. I started exploring the theme, viewing numerous tutorials online. The more I explored it the more frequently I stumbled on the name “Olymp Trade.”
    I came to their site and attentively studied educational materials in the corresponding section. I had a feeling that I already learned everything about fixed-time trading. So, I opened a demo account and started practicing that stuff.
    As a result, I discovered many interesting things, including the necessity to learn special strategies, but the process intrigues me and I like to learn new things about fixed-time trading.

    • It seems you’ve tried both methods. Which of the approaches (fixed time trading or forex) do you find to be more profitable?

      • Everything depends on your capability to forecast the market correctly. If you are really good at this, you can benefit from both types of trading. Respectively, if you lack this skill, none of the approaches will be beneficial for you.

  137. Olymp Trade was my first broker. I’m glad I started trading here. Because the platform at Olymp Trade is quite simple. Without any financial education, I was able to understand financial markets.
    It’s all thanks to many tutorials and the opportunity to trade on a demo account without any limitations. It’s good that Olymp Trade’s demo account has a refreshable balance. You can practice as much as you like without any risk to your budget.

  138. Thank you for the bonuses and for the fact that I can withdraw money at any time convenient for me – it gives me confidence in the future.

  139. I have been trading for about 2 months now, got a bonus on my first deposit and was able to make about 30% in those 2 months to my deposit. I’m thinking of withdrawing money, but I don’t know if I can withdraw the money I made with bonus funds?

    • Yes, you can withdraw the money you earned using the bonus funds in Olymp Trade. But the bonuses themselves will be burned. So if you’re aiming for long-term results, you can wait for the payment. But if you are satisfied with the result and aiming for it, you can easily withdraw the money from Olymp Trade.

  140. I heard about times so many times that I decided to try it. I should say that I’m a Forex broker and don’t need any other type of trading. Nevertheless, I’m always open to new things.
    So, I came to the official website of Olymp Trade and found it fairly informative. On their FAQ section, I found everything about fixed-time trading. With this newly-acquired knowledge, I opened a demo account and practiced this new stuff. Well, my impression tells me that it has much in common with scalping on short timeframes. That’s not my style since I prefer long-term investment. On the other hand, I learned that the broker also supports Forex trading and it’s accessible not only on their web platform but also on MT4 that can be downloaded separately. As for the convenience and functionality of their web platform, it generally suits me and I guess I will open a real trading account with this broker soon to have a more real experience.

  141. The quality of work in the market is influenced by many details, and I was certainly looking for a brokerage company so that I could get in some sense simplified services to make my work process easier and more dynamic.
    And most of all here I liked the simplified leverage mechanism. It helps to save a little time in order to maintain the necessary pace of work. In addition, it makes calculations a little easier, and every trader knows exactly how important it is for every representative of this business area.

  142. Undoubtedly, fixed-time trading has a promising future. It’s a good alternative to currently existing types of trading, such as stock trading or Forex trading. Before I opened a trading account with Olymp I heard a lot about fixed-timed trading. Buried under controversial reviews, I decided to check out what this fixed-time trading is. Olymp Trade is the first company practicing this type of trading I found online.
    What I noticed first is that this brokerage service is very newbie-friendly. Its web-based trading platform is very intuitive, so any beginner will learn how to use it in a couple of minutes. On the other hand, if you previously used only Metatraders, you might dislike their web-based platform, especially if you use a lot of indicators. In this regard, MTs are far more advanced than their web terminal.

  143. I really like the way the functionality of Olymp Trade expands over time.
    In the past, for example, clients of a broker were only able to trade on the broker’s own trading platform. Recently it has added the ability to trade on the MT4 trading platform.
    All this is available without having to open another account, you can very easily switch between these trading platforms from your old account. It seems to me very convenient, the broker has implemented this idea very well.
    And this approach makes Olymp Trade the market leader, with an excellent reputation and a lot of satisfied customers.

    • Of course.
      You just log in from your personal cabinet and create a separate password for the MT4 platform.
      You can try a demo or go straight to your main account.
      Good luck in trading and olymp trade.

  144. I’m sure that you should not count on quick profits in any business. Yes, theoretically it can happen and you will start earning right from the first day, but in practice a person usually faces a lot of difficulties that do not allow him to realize everything he has planned.
    For example, in trading it’s speculation on the market, volatility, news (fundamental analysis). And you definitely need time to figure it out. Here you can use demo and market reviews. And the most important thing is to take your time to learn to analyze the situation accurately.

  145. Olymp Trade became my first broker. And I was curious to try something else. But I didn`t find any company with similar trading conditions.
    So, I got left here, because I made sure I did the right thing There is low minimal deposit here. The app is well-designed. It`s very useful. And recently the company announced the novelty – Market tab. It contains features to boost trader’s profit.

  146. I can’t say a lot of good things about Olymp Trade. Yeah, brokerage offers really good education but in all other regards it’s just ‘okey’. Trading there isn’t so good, as you may thing, as there are no a lot of usefull things, like copy-trading or Trading Central signals. I think you should understand this. However, if you’re beginner and you’re looking to place to start trading and learn with, then Olymp Trade will be one of the best.

  147. This mobile trading app from Olymp Trade can only be installed on Android? Or will it work on iPhones too? I just don’t quite understand 🙁

    • Hahaha, this sometimes happens to everyone so its not a big deal)) Yes, the Olymp Trade appruns on two operating systems – Android and iOS. So, you can install it on your smartphone or tablet, it will work well.
      Personally, I really like to trade on a brokerage trading app. It works very fast, and you no longer have a fixation on any particular place. You can trade almost always and everywhere, and this opens up new opportunities in trading, as for me :p

  148. I am satisfied with my recent work in this company, because they started using MT4 here, because this trading terminal has been of interest to me for a long time. And now I have the opportunity to try it in real life.
    There is a good set of indicators.
    There are a lot of timeframes, so you can make a strong analysis.
    And they immediately made a mobile application so that you can use it whenever you want.
    I take bonuses here, too, because they don’t prevent you from withdrawing funds. And that’s good.

  149. That’s really interesting brokerage. I started my trading career with Olymp Trade back in 2014, but in 2016 I decided to change brokerage. Recently I’ve found news that Olymp Trade is introducing Metatrader 4, so I decided to try it once again. What I can say? Brokerage is still good for beginners and, thanks to MT4, it now will be good for semi-pros, but I’m sure that professional traders will seek for other brokers, as Olymp Trade is too much concentrated at education and beginners.

  150. Hi! I just started trading with Olymp Trade, but I’ve already got Starter status. I’m not quite satisfied with its terms and I want to get a better status. Does anyone know what it takes to get a status that comes after Starter?

    • You mean Advanced status? Ofc you can get it but you need to have depo $500+ and be active trader. Just get XP and re-new your status every 30 days.

  151. If you ask me, Olymp Trade deserves its reputation. Yeah, people write stuff about it sometimes, throwing it in dirt. I write about brokers reputation as a market leader.
    I don’t know how many people have heard about it, but when I was only looking for a broker and asked traders on the Forex forum what they think about Olymp Trade, it was the first thing they wrote to me.
    And in fact, this reputation has fully justified itself. Not only is Olymp Trade doing great with the regulator and registration, but also the trading conditions are really good: 2 trading platforms, free education, and a minimum deposit of $10.

  152. I don’t know how you act, but I am becoming more and more calm in trading every year.
    And I no longer have any expectations from a brokerage company and from what will happen in the market.
    I just work and just try to quickly adapt to new conditions. As for my brokerage company, I can say so – I use only classical tools and classical approaches to work in the market, so I am not interested in some modern developments, and there are also quite a lot of them.

  153. I first heard about Olymp Trade broker 3 years ago at Forex forum. At that time I was still a beginner on a demo and I didn’t think that I would be so seriously interested in trading.
    But after a couple of months I realized that I was ready to risk real money and decided to open an account with Olymp Trade.
    Its minimum deposit starts at $10 and I was completely fine with it. As a result, I got a free training from a broker and started my trading. When I only started I knew that it would be hard for me, but Olymp Trade made my experience as positive and easy as possible.
    3 years have passed very quickly and I’m not going to change my brokerage.

  154. I can’t say much about this brokerage company, because it has the same trading conditions as many other brokerage companies.
    But there are no problems with withdrawal of funds, everybody does it very quickly. But as for other points, I can not say for sure, because much depends on the experience of a trader. For example, you can start working here with only $10, but it is not safe, right?!
    So, use any opportunities reasonably and think ahead.

  155. Its not safe to trade with Olymp trade. Most of the positive reviews here are by Olymp trade themselves. They have specifically employed people to scan the internet for reviews and provide fabulous positive reviews. The problem will start when you actually start making money (if at all you make money). My advice is KEEP AWAY from the plague and stay safe

    • Okey, you can call me Olymp Trade bot, lol. I think it’s very convenient – call all people you don’t agree just bots. I don’t think it’s possible from technical side to manipulate trading for each trader separately. However, if you’re sure that you’re right, than you can just start a blog and show this scam with proves. I can’t claim that OT aren’t scammers, but I have my own experience and I see no problems. Also, most such reviews, like you, are without proves. I think that if you have proofs, that will be cool to provide them.

    • Sometimes the problem might be on the side of your bank. Depositing via electronic payment systems like skrill or neteller is always fine. In any case you can contact Olymp’s live support. They have some real people there (not bots), who can help you with any issues.

  156. It is clear they rig the system in their own favour.

    The house always wins.

    Also, their so-called Bonuses are fake.

    They end up deducting the amount from the person’s own deposit, even when it is clear that the only amount the person lost was from their so-called Bonus.

    They are evil and to be avoided at all costs.

  157. I learned trading using the free materials from olymp’s database. So when I felt it was time to fund the account, I knew already who is going to be my broker.
    Olymp has got the following advantages:
    – low minimum deposit
    – easy to learn and easy to work with trading platform
    – reliable connection, so that you don’t miss a trade because of connectivity issues
    – fast withdrawals (within 1 day for electronic payment systems)

  158. I don’t want to talk about a brokerage company anymore (it’s generally OK, at least by my standards). But I want to talk to my colleagues, who also trade and believe in this field, but for some reason still treat it as a game, and therefore want to “win” as often as possible. What about analytics? And what about the strategies that we just have to test? And this despite thousands of sad stories of unsuccessful traders. What is it that happens…?

  159. Olymp Trade is legit guys. I made 3k USD in 3 days.let not be deceived it is based on how well you trade.

    • This is an excellent question, because we all want to see the perspective and correctly assess the events.
      Look, I think that a month of regular trading will be enough for you to deal with all the features of the terminal, etc..
      Once again, a lot depends on your performance and previous experience, as far as I know, on average a trader needs 2-6 months to start coming to a stable income and stop allowing regular capital drawdowns.

  160. Olymp trade is good brokerage for all people that want trade. I like that everything is easy-designed, so even in case you aren’t super-profi, you’ll face no problems while trading. By the way, I can’t find how to set-up manual stop-loss for Olymp trade forex, can someone suggest?.

    • You can set-up general stop-loss for all traders on your trading pannel, or choose it when openning a deal in the window that opens when opening a deal. I can suggest you to watch Olymp Trade webinar about stop-loss setings, it explains everything clearly.

  161. I was logged out while trading live. All attempts to log in has. Failed. What do I do?My money is there

  162. I just deposited live money in Olympic and was logged out automatically while trading. All attempts to log in has failed. Please, what should I. Do?cvw

  163. My own problem is quite different. Please, someone should tell me if it is common or can it be resolved. I have been trading with demo account for days and successfully. Then I put money in my live account today and was trading rather unsuccessfully. That one is no one else’s fault but my account was logged out automatically and all attempts to log in again has failed. I still have good money in my account. For more than 2 hours the e mail I sent them have not been replied. Please, what can I do?

    • Try to recover your password or just change it in your personal cabinet.
      And you can also call technical support or write to them on the site.
      Maybe it’s also possible that your e-mail has been hacked – so you can’t even go in, and your letters are not sent anywhere.

  164. I think Olymp is a scam. When you trade with Olymp, the trade will always move against you. I believe it has been programmed that way.

  165. @ jeo your points are baseless have you ever seen crypto prices in some exchanges been the same they find out if olymp trade cheats or not use Currencies like compare prices. Stop talking like a newbie you are to discourage new traders…based on the review here the positive review has over weighed the am going with olymp trade.

  166. I fairly don’t understand what you want to say. The disclaimer that the company isn’t responsible for lose is common, as you trade the free market and the company is just intermediary between you and such market, so how can it be responsible for your loses? It’s normal. I think, you don’t understand how trading works, lol

    • Olymp Trade don’t cheat at all. The things like that are written only by people that don’t understand how trading and forex works. I trade with OT long enough to say everything is 100% clear. Moreover, they are regulated.

  167. OLYMP tread is an honest broker. I am making enough every day. no difficulties for withdrawal.
    just need to learn how to trade.

  168. I haven’t seen anything like that, I think you may have a platform slow down and so you see an irrelevant price, clean your browser, or try a mobile app, there is a chance that everything will get better.

  169. Olymp Trade definitely is a scam. Every time you cash in, 1-2 days you’ll win a few not more than trice of your deposit, thereafter you’ll loose everything…. Compare movements with others though of different platforms…. You’ll see the huge difference…Use movement comparison with coinbase, binance, okex etc. no match…. I’m thinking why did some if not most of us believe on these online computerized gambling platforms, it’s easy for them to cheat….

  170. Mai abhi abhi olymp Trade se judi hu, mujhe ye website pasand nhi aaya kioki paise niklne pr to nikl gye lekin kuch smjh nhi aa rha, knhi ye koi jaalsaaj log to nhi???

    • If you are a beginner , Olymp Trade is good enough. They have everything that is needed by the newbies. Easy to set the indicators, navigation is straight forward, complete set of education section and also efficient customer suuport.

      And let say you gain some profit and would like to make a withdrawal , the process is very quick and you might get your money within 24 hours even though they mentioned it will take about 3-5 business days.

  171. It seems to me that everyone who tried to work at OLYMP TRADE on forex or binary options was satisfied with this broker and his services, all because the dynamics are very visible here and you can always find something to help you earn. It’s actually very rare for a broker to take care of all his clients, regardless of their financial capacity and willingness to invest large sums.

  172. Yet…yes…yes brother, this is just like you are getting our from airport,all tax drivers will ask you to board their car while downgrade his competitors, or just like a famer who is lookin for good pest side,there are so many to confuse.
    Only one thing,as long people get money,it is enough
    Also I checked on web that they says its good,down there is disclemas says that”they are not responsible for any loose .
    So good lack

    • I fairly don’t understand what you want to say. The disclaimer that the company isn’t responsible for lose is common, as you trade the free market and the company is just intermediary between you and such market, so how can it be responsible for your loses? It’s normal. I think, you don’t understand how trading works, lol

  173. As far as am Concerned Olymp Trade Broker is the best ❤️ just learn techniques and you will get what you want. Thanks

  174. Olymp Trade is COOL broker thank the company. I learned what about trading and now I’m trading. Olymp Trade is much more simple than any other brokerage, as well as there are fast withdrawals. I like this brokerage…

  175. Man here in rwanda it is very difficult to create dollars account who.can assure me my money’s safety (trustworthy person) and i deposit my money on his account

  176. This broker is good from different points. Olymp Trade can be called universal broker, that offers not only one or two cool features, but is good in all regards. Working with Olymp Trade is beneficial both for newbies and experienced traders, as I started with Olymp as newbie and now, when I’m making serious money trading, I can say that Olymp Trade is still beneificial and offers one of the best services within the whole market. For those, who are only in the beginning of trading way, Olymp stuff designed great and native educational system, that include blogs, helpful tips in trading plarform and webinars. And, what’s important, all these things don’t repeat each other, but deal to your understanding of trading. Olymp offers one of the lowest minimum deposits in the market, only 10 dollars, that’s extremely low. For experienced traders there are VIP accounts and other benefits, so I don’t think I should change broker. Olymp introduced its own trading platform and it offers fast orders execution, there are only minor lags sometimes. The only disadvantage I can mention is that you can withdraw your profits only with the same method, you used to make a deposit. Olymp support team explained me that’s cause of security reasons, but sometimes it can be really inconvenient. On the other hand, the minimum deposit is 10 dollars, so you can make this deposit to add payment method to withdrawal options.

    • Hello Tobilo Chibiko, I just joined olymp recently but haven’t gotten the strategies to make profits from it, would you mind sharing with me how to? Even if it means paying for it. Kindly.

  177. I have been unable to withdraw from my Olympic trade account for almost six months. Without receiving any alert both on my bank or Olympic account?

    • Did you contact the olymp staff? It wouldn’t be superfluous to go to the bank either. There are different situations. Recently I also had a long withdrawal of funds, I called the bank – I had a fight and the money was immediately found…

  178. Pls I need your advise…. I want to deposit into my account on olymp trade but I was told that it doesn’t work like that, that I’ll have to pay to an agent so as to invest with them first before she can deposit into my olymp account….. Pls is that true, I need to know that I’m taking the right step…

  179. Olymp Trade is reliable broker and I am enjoying trading on olymp trade because here I am able to trade all my fav trading assets its good trading platform with some good features

  180. I was introduced to olymp trade by a friend of mine who described this broker as reliable and profitable and generally said that I would never get into any technical hitches here. Unfortunately, now it is common with most brokers, so it became a serious indicator for me. That’s how it happened, for 2.5 years I have never faced any serious difficulties or problems in the functioning of the platform. It is very high-quality and attractive, has a large set of tools with which you can implement trading on any strategy. And there is always a customer support service, which can help you if you have any questions. I am pleased with such attentive attitude to clients.

  181. Compared to other options i really think olympic trade is reliable. You gotta understand this simple business modal, You lose or win they are gonna make money from each trade you do. Even if you win they are gonna take a certain % of your money. So why do they want to scam us.
    but one thing i have noticed so far is all the reviews (positive) are company made to attract customers. But even if you invest, start with demo account and learn the tricks. It doesnt mean that if you win 9/10 in demo, you will surly win 9/10 in real account also.Real account is a different scenario. One thing i gotta say is dont let ur greed rule you. start with small amount and slowly progress.

    • Just go to and fill in the simple form. You don’t have to deposit any money yet. In fact i recommend that you spend at least 3 months in the free demo account. Sharpen your skills , understand the usage of indicators etc…

    • Learn about indicators first. You have to know at least 2-3 indicators. Be familiar with the usage. If you do not know any of these indicators, it is just as good as you are gambling. You will only tend to press the red or green buttons for trading. That’s a very wrong way to trade.

    • Dear Chidi,

      You can try contacting your personal manager regirding your withdrawal process. If there is no reply from the company managers, you can try reporting to your local authorities.

  182. I am interested in olymptrade no matter what is said about the broker. I have done the demo trading for a long time and have read a lot of testimonies so I can’t go back.
    But I can’t make a deposit b/c I don’t understand how to, since I have not done it before. I need help. Which method did you use. I need help please.

    • Dear Manson,

      We would still advice you to choose from the Regulated brokers Olymp Trade is NOT regulated, therefore, you might just never get your money back after investing with this broker. That’s the difference between the demo account and the ususal one, since you do not trade your own money with the demo account.

    • Deposit methods vary from country to country with Olymp. If you press the deposit button in the menu sections of a trading platform, you will be automatically redirected to the page with all the payment methods listed there. Just choose the one you prefer and follow step by step instructions. It took me less than 5 minutes to deposit via credit card. The account balance showed up in a platform immediately and I could start trading right away.

  183. For me, trading is a hobby and I trade exclusively in a mobile application. Options trading on the Olymp Trade platform is also available through a mobile application that can be installed on any device. The application works with a single account in the company and has a convenient interface. Yes, the company had to cut some functions in order to achieve smoothness and speed, but at the same time the platform works very economically and does not discharge the device. If you don’t need all the indicators, then the Olymp Trade mobile application is very usable.

    • Oh-ho-ho, have you got any proofs? Or you just plaming for nothing? I’m trading with Olymp and it’s reliable broker, that never delay withdrawals. Moreover, usually I withdraw money at least one time a month. And I wait around 18 hours each time. If you have proofs – you’re welcome to show it. However, if you just want to hate trader, don’t write anything. There is the only reason, that can explain your bahavior: you lost money gambling and now blame Olymp Trade

  184. Trading is an area where warranties are needed. When I chose a broker, I was looking for a company with a reliable reputation and membership in an internationally recognized regulator. Olymp Trade is a member of the regulator of the International Financial Commission (FinaCom). The regulator is very important if you trade in excess of $ 500, as it provides deposit insurance. I’ve never needed this, but the essence of insurance is precisely what would act in the future. Of course, you can choose an incomprehensible broker that exists for a couple of months and does not have registration in the regulator. But if you have any problems, then you will be left alone with them. Olymp Trade protects its customers, if you have a dispute with the company, you can always contact the arbiter and resolve it in the correct order. In order to better understand this, you need to know that if problems can arise, then due to technical failures or errors of company employees. And if this happens, you can always solve the problem with Olymp Trade or FinaCom without any problems.

  185. I am not going to condemn about Olymp Trade because to be honest , I did gain some profit using this platform. This platform is not perfect but I think it has sufficient features that the traders especially the beginners need to start the trading.

    However with the latest update that they just did, I really feel turned off because there are several features that are not functioning well.

    I really hope that they will change it back to the previous version which is way better than this current one.

    • Hi mate, I’m trading with Olymp for more than 4 years, so may suggest it from my own experience. I’ll briefly describe you the main pros and cons. Pros include regulation by Finanaclial Comission (Finacom), if you will lose some money cause of brokers fault, this regulator will give you a compensation. Also, Olymp is fast in terms of making deposit and withdrawing money. Deposit usually takes around 1-2 min and withdrawings take around 24 hours. There is also good trading platform, I find it easy to learn it, it’s quite native. However, there are also cons, including comission fees for opening the deal. I understand that it’s pay for excellent service, but I think you should know it. Overall, my experience is only positive and during 4 years I never face any problems and made more than 35 withrawals.

  186. Olymp trade is great some dumb fools don’t just get it have been trading for two years and I earn $800 everyday of my life I own my house, am a cars owner and am happy thanks to olymp trade

  187. Convenient platform, excellent support that answers all my questions fast and in a professional manner. I like the variety of instruments that they’ve got. I wish all of these instruments had same payout rates, but oh well.. Money withdrawals are fast once you complete the verification process. Usually I get the money the same day I do the withdrawal request.

  188. I have been practicing with the demo account and watching staff on YouTube to learn. I can say I am improving. I have given my self a Target to earn a month. If I can find a strategy..through practise that will maintain this amount for 3 months, then I will trade with the real account. Its better to try things out to know for can base money decisions on hearsay.

  189. I am a risk taker olymp trade here i come whether you are a scammer or not…………zvimwe zviyedzwa lol.

    • If you try, you will realize that this is stupid slander. The company is very reliable and has a very responsive service. I had several problems with the company, but everything was resolved quickly and Olymp Trade proved to be the best. Of course, sometimes problems arise, but the main thing is that the company is working to resolve them. Many people faced with a problem do not try to solve it calmly, but begin to pack up and look for various slander about the company.

  190. By the way it sounds and considering the long list of the brokers you’ve tried working with it occurs to me that the cause of the problem lies not in the field of one or another broker’s competence, but in the trading system you use. Well, most likely I would not be mistaken if I said there is NO trading system in your approach to digital options market. You can’t start making money with guessing where the price will go. It’s all about statistics. If market conditions are such, then with 65% probability the price will go up. Something like this. You don’t have to guess correctly 100% of the time. You don’t need to guess at all. You just need to exploit the statistical advantage.This is the only path to be successful on the financial market. If you don’t know how to build your first proper strategy, then try some of Olymp’s educational programs. They will teach you the basics and once you know your edge, you will transform one of the strategies to suit you best and bring you more money.

  191. I am new in this Olymp trade platform. I need some assistance please, anybody to share with me the trading strategy?

  192. In my opinion Olymp Trade has got the most advanced trading platform among all online brokerages. I know many of them use MT4, but I absolutely hate MetaTrader. OT browser-based trading platform has got charting tools, indicators, different timeframes and you can also choose the preferred bar types including Heiken Ashi bars. Pending orders and stop losses are available too. Simply love it!

  193. They are not truthful, Indeed after trading with them for some weeks on the the real account. they got up one day and denied me access to my account. I had written to them without any response

    • First of all you need to find out whether you’ve completed the verification process on your account. This can be the problem. Once verification if completed, your account will get unlocked and you’ll be able to withdraw profits anytime with the verified payment method. You’ve got to pay attention though,that its only possible to withdraw the money using the same payment method you funded your account with. This policy has something to do with the anti-money laundry act.

  194. Can you all guide me to success as I just created account with Olymp. WhatsApp me through: 07034032995. Thanks alot

  195. Can’t say it was easy, but I did it! I’ve withdrawn my first profit from Olymp Trade. It all looks very easy when you watch these commercials or even trading tutorials. In fact trading digital options is a difficult job. You have to be prepared to some failures before you finally learn to identify the mood of the price: where it wants to go, what is the tendency. I tried following some other people’s advice but it never worked out well. Only after I learnt myself to trade thoughtfully and pay enough attention to price studies, then only profits came in. I’ve started with $100 and withdrew my first $300 finally last week. For someone this amount sounds ridiculous, For me this is the first step on the path to financial freedom.

    • That’s nice bro please am new into it pls would you help me on how to understand its work WhatsApp +2349035189557 or email me @israelpraise9@gmail. Com
      Thanks so much.

  196. I hesitated to write a positive review about my broker, because.. oh well, I’m just lazy. But you see, a friend of mine has just lost his monthly salary equivalent because the broker he used (may his name be excluded from Google cash forever) cheated with market data. There was a huge spike which swallowed half of his deposit and sure enough you can’t find this spike anywhere else. Neither at Trading View delayed data, nor at other data providers. I’m sure this broker did this before too, it just wasn’t that obvious.
    I’ve always been telling him to switch to Olymp Trade but he never listened. So I’m just trying to prevent as many people as possible now from the same mistake my friend did.
    Olymp offers decent spreads and commissions policy and it doesn’t swallow all of your profits if they happen to occur.
    Their market data is honest
    Funding accounts is easy
    Tons of instruments to work with
    Withdrawals of profits go smooth (you’ve been waiting for this one, ha?)
    Trading platform is stable and convenient
    Do I have to go on?
    You see, lots of people get stuck with their trading simply because their broker does not allow any profits to come in. There are tons of measures they can take to prevent you from profiting and you will never know!!! Discipline, emotions, proper systematic trading… yes, people often lack this but success on the market is not limited to these things only. Broker is your nearest partner in this journey to financial freedom, so you’ve got to choose this partner thoroughly. Please don’t run into same mistake my friend did, wasting months or even years of your life fighting with the windmills your broker puts on your path. I know for myself that Olymp is my dear Sancho Panza and he never let me down. I’m not telling you to go with Olymp only. I just wish yall to find the partner you trust as much as I trust mine.

  197. I have a demo account in Olymp Trade. I watch strategies in youtube and try in demo. I think this platform is very easy when you learn how to do it first before starting in a real account. I’ve plan to start trading this year. May God bless us all!

  198. I’ve learned about Olymp Trade a few years ago. Back then my brother was passionate about the trading on the market and showed me this platform. I forgot about Olymp for a year, and half a year ago I remembered it and decided to test.
    For the beginning, I created a demo account and started getting to know the platform. Then I found the community of traders on facebook and started to communicate with them at the same time learning their trading strategies and some small lifehacks.
    At the same time, I was watching different webinars and read much information about the market.
    Two months ago I switched to the real account. And yesterday I made my first withdrawal. I didn’t have any problems with it, everything was very fast.
    So I’m happy with the platform and recommend it to all!

  199. I recently learned about OlympTrade platform, started to read the reviews and noticed, that there are many contradictions in reviews. Then I decided to try trading on the platform just for myself and find out what’s a lie and what’s true.
    Now I can share my impressions.
    You can trade on the platform through the mobile application or the computer. The mobile version has many tools as well as a full desktop version, I think, they fully substitute MT4.
    There is a separate window for technical anaysis, there is a widget of free signals, which I liked a lot. There is a separate training section for those, who are just starting. I watched a few webinars and was satisfied with it! If I came across something similar in the beginning, I think, I could succeed earlier.
    After watching a webinar, you can try the strategy on the demo-account right away, therefore the theory always will be supported by the practical part, and it will bring some good results.
    And after you will be trading and receiving the income on a demo account, you can try to create a real one by depositing just 1$. Making a deposit is a simple and clear process, the money will be accepted in a few minutes. The withdrawal is also fast, the broker promises to withdraw the money within 24 hours, but I received them in approximately a few hours.

  200. Iqoption is scam platform. They manipulate the trendline if you are in profitable position in binary option.I donot know about olymp trade. I just created account

    • This article is not about Iqoption XD
      Be careful what and where you write.

      OLYMP TRADE is a good trading platform. I have been using this for 2 years now. If you understand that this is not an easy way to make money, then you will earn. If you want to make money, you must have analytical approach. If you do not have analytical mind, then I advise you to forget about making money on the Internet. You will lose your money.

  201. I’ve been trading with Olymp Trade for more than a year. In general, it’s all fine. Of course I don’t always manage to receive profits, trading in the red is not such a rare phenomenon. At the beginning of my trader path, I did lots of silly mistakes that I could’ve easily avoided 😉 However, I’ve learned from my own mistakes quite a lot, so it helped me get where I am now. At the moment I’m trading in the black and gradually growing my capital. So far I’m not planning to leave the platform, especially that it is also developing and getting better. Much like my trading skills, naturally 😉

  202. I am new in trading but i use to play iq demo it was a little bit complicated for me i then tried olymp trade i found it simply and interesting i made my first deposit and started to trade for really money i lose my money like i nerver practice but i didn’t gave up i came back with new strategy i made money in olymp trade and i tested my first withdrawal i was shocked and ver happy to receive my money .the process of withdrawal took two days.but guys if you say olymp is a scam you are disappointing me i still get money in my account there

    • Don’t worry, Mafika. People losing money on financial markets often blame third parties for own mistakes. Their broker for example. You’ve learned your lesson, developed a responsible attitude to trading, so don’t worry about OIymp’s critics. Just remember, your success is the product of your own discipline and persistance.

  203. Today it’s almost a year that I’ve been trading on Olymp Trade platform. So it’s time to sum up:) Concerning the pros, I can say this platform is really classy – I mean, it is convenient, with a user-friendly design and all that is needed for trading; and at the same time, it doesn’t contain those kinda “”professional”” things that just confuse you but never-ever come in handy at all. I guess the payout rates on deals are also pretty high – you know, I occasionally watch reviews of other brokers and never saw rates that would be considerably higher. In general, the rates of competing companies are either lower or roughly the same. Besides that, I really liked the training. Attending webinars from the very beginning was cool, I learned much useful material. Can’t even imagine how much money I could’ve foolishly blown in the very beginning if those webinars hadn’t taught me the basics of trading 🙂
    As for the cons, I’d note only that you have to withdraw money in the same way that you made a deposit previously. You see, I made a deposit with an e-wallet, for I didn’t really know where to apply that money anyway. At the same time, I wanted to withdraw money directly to the credit card, but this isn’t the way it works. So now, I’ll have to make another small deposit, this time with my credit card. It’s no big deal actually, there are no commissions for that. Just…a bit inconvenient, you know.

  204. Olymp trade has been operating for years and I am surprised to hear that they are a scam broker. Most new traders feel losing a trade or all their investment is foul play from the broker’s side.I will believe that plump trade is a scam broker if someone was not able to withdraw their profits that they have made with the broker.

    For traders who are still struggling to make profits in trading, I recommend you invest more in your education rather than heading straight for the markets.

    There’s a book that changed my life when it comes fired trading, titled “Price Action the ultimate Indicator:Money Never Sleep by Fillemon Helondo” It comes pricy but you won’t regret your purchase.

    I wish you a happy trading all

  205. i have never experience any of the negative mentioned in most of the comments
    i have tried Olymp trade and made some money and also withdraw the money withing three working days,

    i am looking for a winning strategy to make money on the site


  206. Everywhere page I open that has to do with binaryoption or forex investments all have great customer reviews but when I tried investing with binaryoption, from plus option, to binomo to IQoption, I lost a lot. I still have someone helping me with my trades but I keep losing and now they want me to invest more money. I need to speak with people who have invested and had similar situations. Please reach out to me on my username

  207. Unfortunately, I m still learning the process. I m yet to understand everything, but I have great determination to do so. So far, I have been trying both sides-the demo and real account. I believe the platform is good for those who are patient and willing to learn. I strongly believe that given the risks involved in trading, one has to practice enough for the process. Nothing good comes on a sliver plate!

  208. Looks like a scam. Everything works fine in demo, as soon as you go live everything turns to shit. Chart freezes, prices zoom the other way to impossible levels so you can never end in the money. In fact prices just zooms the other way and freezes moments after places the “trade”. Its all fake.

    What do we do now? How do we get out?

    • What do you mean – “How do we get out?”? And who’s actually forcing you to stay? If you don’t like it, don’t trade, I don’t see a problem. Trading is really not for everybody – some people can learn and gradually go into the black, while others give up at the earliest failure and start screaming that it’s a scam and one will never earn here. It seems that you belong to the second category…

      • You mare definately right, when.people flock in with excitement and know underdtsnding soon then vall it a scam, just fuckoff and fins descent dailly job. My advice is make money and withdraw and submit all verification and then wait for for your withrawal and then you can come here and say scam or not

      • Then just say Mr. Manil ; what is the actual process of trading? and if you are able please giving a prrof to us that how much money income through this? This will help us to trading in this platform.. can you help ?

    • hi there i face the same problem like the chart freezes, prices zoom the other way to impossible levels and support live chat box that doesnt open when you click, and when you call the staff they couldnt answer all your questions and they pass to one another arrggh!!! bad experience for me. I give up with olymptrade…really i loose a lot my money here but i still stay with them hoping that things are going to get better but too bad… they have done so well with the platform upgrading and so on but they cant secure their plarform. i already request for closing my account.

      • I’ve been working at olymp trade for a long time and I’ve never faced anything like this, maybe you should update your browser, sometimes it’s because of this that everything hangs and deals are executed late…

      • should try it again now – they have changed a lot. more stable platform, more efficient and fast response from the customer support. the local olymp trade community is also very sporting. always share their trading strategies FOC!

  209. The agent of Olympic trade Mr Ibrahim fradrack l start the platform with him he blocked me up on our chatting

    • LOL, I really wonder what you could have told him to freak him out that much? :))) If you open the chat once again, there will be a different agent – you might set out your compaints about that Ibrahim fradrack to him. Or just ask the support to punish that rascal.:))) But actually, you’re pretty lucky – I always get exclusively polite and helpful agents! So hella boring, I can’t even find fault with anything…

    • Why you write so? You’ve traded with them? You have proofs? Or what force you to claim so? If you have proofs, than publish them and let all people see. Or you just have lost money and got mad? Personally I trade Olymp for 4 years and didn’t noticed nothing like this for all this time. So where is a truth?

  210. I like the Olymp Trade platform. It is really convenient to trade on, especially with technical analysis involved. I haven’t seen any other trading platforms with such amazing service of technical analysis as here – and hey, that’s even for free! For quick analysis, you might as well use the main platform – it has all the necessary charts and indicators, but for some serious analysis you might want to switch to the platform specifically designed for this. It offers like hundreds of indicators and a great many of other tools, charts, and all this stuff. Personally I’ve never failed to find the necessary tool there.

    • অনেক ধন্যবাদ আপনাকে। আমি ও চাই আমার ভাগ্য পরিবর্তন করতে। আপনার সাহায্য কামনা করি।
      তপন চন্দ্র শীল।

    • Well well… I made another withdrawal a couple of days ago, and it’s all OK. In fact, I’ve been doing it recently on a monthly basis, so if it’s a scam… well, at least I’m definitely not affected by it 🙂 Am I the only one who earns here, huh? Are you guys all losing here, or what? 🙂 But I guess I’m not doing anything special, just trading with a strategy, managing the risks, and all the stuff… That’s quite enough to make money on here, really 🙂

  211. Olymp trade cheats. I registered with them and I notice their platform is programmed to cheat. You can never make money with Olymp trade

    • How did you manage to notice that? Is there some kind of a red light on the platform that starts flashing and beeping: warning, warning, someone is earning money here!? I’m sorry, but if you really noticed that platform was meant to rip off the customers you would have provided much more details rather than just saying “they cheat”. Your comment sounds more like some competitor’s provoсation.

      • I will not agree with many of the reviews, because I have been trading here for a long time and I have never had any problems…

          • Once in a while there are some problem with this platform. Like this recently the candlestick changes color issues. But after many complaints were made, the Olymp Trade tech support team responded quickly to fix the problem. So y advise, with Olymp Trade you don’t have to worry about any problems as the tech support is very approachable and efficient.

        • Hello Gutsy,
          I am trying to withdraw the profits from the account but I am being asked to pay the tax upfront. Can you please share your experience of withdrawing the profits or guide in the withdrawal.

        • Yup. Millions of people are trading on this platform because it is safe and reliable. The customer service are quite efficient compared to other brokers. I tried a few and this is the only efficient broker in my opinion. I would be worried if a broker doesn’t pay. I usually get my withdrawals within 1 hour so I am happy about it. Made some good money for my tertiary education too.

        • I recommend that you start in the Olymp Trade education section in the platform. Or you download the Olymp Plus application. It is an additional application of Olymp Trade that focus on trading education in general. You will find a lot of information about Olymp Trade from basic info up to the advance level.

      • Well, I have been trading for years and have made good money. So, if one has learnt how to trade, there shouldn’t be any problem making money.

        • hi bro im mahendra from karnataka . i just need to know more about this olymp trading ,im interested to invest money . if you’re free to talk with me you can call me , guide me to know about the olymp trade please contact me bro.

    • Maybe you just need to learn to trade? My first year was in red, but I wasn’t complaining, I was training. Now I make enough money, withdrawing money on regular bases, and the company doesn’t complicate it. Although I withdraw quite big amounts. And they started to cheat on you for some reason? How’s it look?

    • So many times I’ve heard this. There is something wrong with the market data! Broker is a scammer! Someone is watching my trades and makes the market go in the opposite direction. You know what? Bullshit! As one famous trader said: “You lose money not because your mom used to spank you in childhood. You lose money because you either don’t have a trading system or don’t follow it.” So stop accusing Olymp. Better work on your trading style. Good luck!

    • Why you said that sir ? As far as I know, Olymp Trade never cheat. All my profit they paid accordingly. And if I have any issues, the customer support is always available to help me out. The trading chart reading is identical ti tradingview. So may I know at which part that they cheat?

        • The promised period is 2-5 business days. But Olymp Trade will usually process the request within 24 hours. I’ve several times received my withdrawal money in less than 24 hours.

    • You should start with basic trading knowledge like technical & fundamental analysis or simply go for online trading courses like stock market & forex trading .if you don’t wish to spend a lot … that been said …. Even after learning the basics practice with demo account .. To over come that anxiety and fear of losing your trades you’ll have to trade with real money in live account … I don’t know about others but my experience with them has been very very good ….. You can make consistent profit you just have to learn everyday … & Most important you don’t have to make mistakes to learn from them …. You need risk management and a strategy ….Your strategies not other’s ….

    • Ohhh really but they just gave me a withdrawal of 3000 $ when I just invested 50 $ why would they do that …. Charity ..

    • Like seriously i was scammed two days ago 20k by mohammed usman on Facebook cause of diX fvkin stuff called OLYMP TRADE

      • Well, the broker has nothing to do with it, you can only trade on your own, I don’t understand, you gave the money to someone?

      • Usually people who say this platform is a scam because they really have been cheated. But not by Olymp Trade but by irresponsible parties who claim they are representatives of Olymp Trade. Actually there are too many similar cases. I have witnessed some of them.

        But I was actually amazed to see the pleasure of these humans that has been cheated gave away their money to others without investigating first.

        All because they want to get rich quickly.

        Too bad!

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