Olymp Trade reviews

Olymp Trade_logo Olymp Trade 6/10 (votes 4145)

On-line since: 2013
Country of origin: Cyprus
Regulation: FMRRC
Payment options: wire transfer, MasterCard, VISA, QiwiWallet, Yandex.Money, WebMoney
Minimum account size: $10
Minimum lot size: -
Leverage: -
Spreads: -

Olymp Trade is a European company offering services on binary options trading. Its goal is to attract the Russian market participants allowing them to make deposits in Russian rubles. Besides, they can start trading with only $10 on their accounts.

All information on the company’s website and support services are provided in Russian. Moreover, traders can use online chat to ask questions. Besides, in case the company’s clients need to contact a support manager immediately, they can call Customer Care anytime. Olymp Trade pays special attention to the communication with their clients.

Olymp Trade positions itself as an innovative company on the Russian binary options market. It has reached higher levels in the quality of provided services and its clients training. Both experienced and beginning traders have an opportunity to practice their skills. The trading platform developed by the company’s specialists allows traders to use demo and real accounts simultaneously and equips them with a lot of analytical tools and educational material.

Olymp Trade has the following advantages:

  • free signal service;
  • demo accounts;
  • own trading platform;
  • educational information;
  • reliable analytics;
  • opportunity to deposit and withdraw money with no commissions.

All deposits are kept in a European bank.

On this webpage you can find the Olymp Trade reviews. If you have ever used the company’s services, do not hesitate to leave your feedback which will be useful for your colleagues when choosing a broker.

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Comments about broker

Nata trader
review Olymp Trade
09-03-22

I'm preparing a complaint regarding fraud in this company. I usually don’t trade with such fresh brokers on the market, and so far my test isn’t going well for this broker. Order execution is often corrupted and slow. This issue has seriously affected my life , we can not do anything but wait, and this is certainly very disappointing. I see in terms of quality and safety provided to traders getting worse. the benefits and advantages that I can not be too large and oddly more bonus given I can not feel until now. Initially they said they would be given a bonus but until now it has not been given a bonus.

Minna trader
review Olymp Trade
07-07-21

Olymp Trade can't be trusted. They say that they offer favorable trading conditions, but once you get access to your account, you will see that their spread never gets below 5pips, the platform frequently malfunctions, and the charts are delayed. This broker does not deliver what they promised.

Gareth trader
review Olymp Trade
14-06-21

They widen the spreads. They screw people when they want to close positions and they also make life hell before they send back any money to anyone. I constantly lost my money due to the slow responding of platform and sometimes it took me more than 2 hours to logged in. They don't provide good information about the market, so it's very difficult to set orders and positions. Also, trading platform is not stable and there are slippages all the time. The support of this company is not responding anymore.

Waheb trader
review Olymp Trade
27-12-20

I use to think that Olymp Trade was the top broker out there for option trading, but in recent times, my views have changed significantly. From last month their option trading platform has repeatedly shut down. They change closing price and made it invalid if my orders are profitable. This is a big way to mislead the traders. So I've determined to pull out all my money and made a withdraw request of $800 via QiwiWallet but they still hanging my withdraw request for more than two weeks. Avoid Olymp Trade broker at all cost. How can I get my money back?

Ashlee trader
review Olymp Trade
21-10-20

Olymp Trade is a little disappointing. I expected a lot from this broker because they are popular in our area. But I was only dismayed with my experience. Their platforms are not stable, the spreads are high, and the customer support team takes a long time before responding. Investing on this broker was just a waste.

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