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Independent rating of Forex broker Olymp Trade

3/10 (votes 100)

On-line since
2014
Country of origin
Cyprus
Regulation
FMRRC (Financial Market Relations Regulation Center)
Payment options
QIWI, Yandex.Money, NETELLER, Contact 24, Visa, MasterCard
Minimum account size
$10
Minimum lot size
0.01 lot
Leverage
-
Spreads
-
Olymp Trade was founded by experienced portfolio managers in 2013.
For clients' convenience, the broker designed an online chat, where they can ask professionals any questions. Besides, investors can contact the broker via an international telephone number. The clients can trade currency pairs and commodities with this broker. Furthermore, the company declares that the profit can reach 80 percent from the option’s price.

Comments

Author: Kiser Date: 2024-01-10 10:56:10 (UTC+3)
I had a painful Trading experience with Olymp Trad, I had a live account and used the Mobile Trade platform, but their server always delayed my orders and I found a different price chart from the main price quote. So the slippage or requotes issue happens regularly with me, also they increase the spreads suddenly. As I have lost almost $550 and now I have decided to withdraw the rest amount of $250. Although I was faced with a withdrawal delay through Neteller. So I was very disappointed and I say Olymp Trade is doing SCAM with their traders.
Author: Byan Date: 2022-07-07 06:56:03 (UTC+3)
Doing trading with OlympTrade is so efficient. They are cooperative and all trustworthy. So far, I have been trading for more than half a year now, and I can say that I am impressed with the services that this company offers. I am still trading with them with great satisfaction. Their MT4 platform is the best, no slippage, no requote, and execution is so speedy.
Author: Namoska Date: 2022-03-01 07:49:28 (UTC+3)
I've had a pleasant experience at Olymp Trade. I knew that they would be trustworthy when I talked to their support representatives, and they were very attentive. That was four years ago, and I am still receiving the same quality service they provided me while I was a new client. Their products are no doubt the best. Wide range of trading choices, stable platform, high-speed order execution, and available analytics. Up until now, I am still a happy and satisfied trader.
Author: Nelly Date: 2021-11-08 04:32:17 (UTC+3)
I have enjoyed OlympTrade's MT4 platform performance in a Standard account, where I got 2 pips fixed spreads and excellent service from them. On the Platform, all of my orders were executed on time, and I have not had any problems yet. Also, I can be used many tools, indicators with my own EA. Besides, they provided a strong signal, which helped me decide to open a position in the rough market. They didn't create any financial problem yet, so my transaction was processed within 6 hours through Skrill account. Overall I'm satisfied with OlympTrade Broker.
Author: Miza Date: 2021-09-02 03:42:53 (UTC+3)
One of the first few things I look for in Forex brokers is their regulation status. Olymp Trade is well-regulated so there is no need to worry about the security of funds. Aside from that, they offer favorable trading conditions and they stick to providing it.
Author: Cecilia Date: 2021-05-12 06:02:26 (UTC+3)
For beginners, I think that Olymp Trade will be a great broker to start your journey. They have beginner-friendly trading conditions and I think this is very important because we are already struggling with our own lacking so it is great that we are no longer troubled by complicated tools and platforms.
Author: Jack Hudson Date: 2021-03-05 01:45:28 (UTC+3)
I'm happy with my trading at Olymp Trade. They are very good and care about clients. I feel so safe while trading with them. I opened my account last month. I could know their services and platform, and one month later, I made my first deposit. Their platform is easy to use and working smoothly, the spread is low for GBP/USD, and leverage is competitive. I'm also impressed with their loyalty program that offers a lot of advantages for traders. I recommend them to all traders. Olymp Trade is a great broker.
Author: Ayessa Date: 2021-01-15 03:27:45 (UTC+3)
I have been with Olymp Trade for almost half a year now. So far, my whole trading experience is going great. I am able to adjust to the market well because of their great trading services. Even as a beginner, I am not having too much difficulty while trading.
Author: chiyolo Date: 2020-11-25 07:41:35 (UTC+3)
I have been trading with Olymp Trade since July 2020. I open a real account with Olymp Trade after using their demo account for one month and I found big difference between them. On their real account, I noticed that they take more than 30 seconds to execute my orders that means lots of requotes. That most nasty spike I got last week on AudUsd pair which is 72 pips. However, I never got any spike or reqoute on their demo account. I see plenty of negative reviews about this broker.
Author: Wongcoco Date: 2020-11-11 03:14:05 (UTC+3)
I have been trading with Olymp Trade for 6 months. I'm so pleased with their service. They have excellent service which makes me comfortable trading with them. What I like the most is customer support always available when I need and always helps me fix my trouble during trading. It's so satisfying when you got trouble and got set directly. They are a reliable and professional broker with an outstanding support team.

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