Olymp Trade is a reliable broker, a member of category "A" of the International Financial Commission. This is a confirmation of the high quality of our services and guarantees each trader deposit insurance, comprehensive support and prompt resolution of all emerging issues.
|Incorporated||Agias Zonis & Thessalonikis, NICOLAOU PENTADROMOS CENTER, 5th floor, Flat/Office 503B, BLOCK B, 3026 Limassol, Cyprus.|
|Maximum investment amount||$20000|
|Deposit/withdrawal methods||Credit Card, Wire Transfer, Skrill, Neteller, Boleto, Qiwi, WebMoney, CashU, iDeal, Fasapay|
|Trading instruments||Binary options, Forex|
|Number of assets||100+|
|Cryptocurrencies||Bitcoin, Ethereum, Litecoin, Dash, IOTA, Ripple, Bitcoin Cash, Monero, ZCash|
|Countries||all countries except Gibraltar, Isle of Man, Guernsey, Jersey, Australia, Canada, USA, Japan, Austria, Belgium, Bulgaria, Croatia, Cyprus, Liechtenstein, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland , Iceland, Italy, Israel, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, New Zealand, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Switzerland, Sweden, United Kingdom, Russia|
|Support Languages||English, Russian, Turkish, Spanish, Portuguese, Chinese, Korean, French, Arabic, Infonesian, Vietnamese|
|Withdrawal||1-3 working day|
International Finance Commission
On February 22, 2016, Olymp Trade joined the International Finance Commission. Membership in the Financial Commission is an honorary status, which is vested only in reliable and honest companies that have repeatedly proved the high quality of the services provided.
OLYMP TRADE REVIEW 2020
Olymp Trade Review
It’s time to check out a new broker! This time we will be taking a look at a broker whose offer is primarily focused on options and forex trading. Olymp Trade has been a part of the trading industry for more than five years and many traders have already tested them out.
We did so too and now it’s time to share the impressions we got during our time on their website. There are definitely many things we have to discuss. What can you expect when you sign up? Which features are this broker’s greatest strengths?
Learn that and much more in the rest of this extensive Olymp Trade review. Let’s get things rolling!
You probably already know that you cannot start trading without an account, so let’s see how you can sign in with Olymp Trade.
Registration is actually very simple because you only need to input your name, e-mail and choose the currency you want to use (euro or dollar). You can also use your Facebook or Google+ account in this process, and once you’re all done with that you will be able to execute your first login and continue with your trading experience here. There are no multiple account types that require you to invest something extra in order to access their features – once you sign up, you have access to everything the broker has to offer. The only other option is to open a VIP account.
It is interesting to note that you don’t delete your Olymp Trade account when you don’t want to trade anymore, but simply block it by contacting the support. Don’t forget to complete the account verification process if you want to be able to withdraw your money, but the company’s finance department should remind you of that. Once you’re all done with this phase, you get to move on. We dedicated the next part of this Olymp Trade review to the next most important step, so keep reading and see what else is on the agenda.
Another thing you have to do before you start trading is to fund your account. Olymp Trade deposit is very easy to make – simply choose between bank cards, Visa and MasterCard credit cards or one of several e-wallets (Skrill, Neteller, Qiwi, WebMoney, Yandex or Fasapay). After that, you need to decide on the amount you want to deposit, enter it in the Deposit section of your profile and click a button. And that’s all there is to it! Your funds will be visible immediately.
This brings us to perhaps the main reason for this broker’s popularity: the minimum Olymp Trade deposit requirement is set to just 10 USD or EUR, which is one of the lowest requirements in the whole industry. Not only that, but the broker also covers all deposit fees, so the amount you deposit is exactly the amount that will be transferred to your trading account. In addition, the minimum trade requirement is just one dollar/euro, so even with the lowest deposit you will still be able to open a decent amount of trades and see what trading here is all about. On top of all that, though, your funds can increase their value very easily, but that’s the topic of the following part of our Olymp Trade review.
Yes, you can get some very interesting bonuses when you fund your trading account on this website, so let’s take a look at what you can expect once you sign up.
Your first option is to make a deposit immediately after creating an account. Well, maybe not immediately, but within one hour. If you can do that, you will receive a special 100% Olymp Trade bonus. However, there are some conditions associated with this – the bonus applies only to deposits between 30 and 200 USD or EUR. Therefore, you cannot get more than 200 dollars/euro this way.
Fortunately, there is another way if you want to get a bigger bonus. Standard Olymp Trade deposit bonuses also start at 30 USD, but they bring you only 10% with that amount. On the other hand, they go all the way up to 50% for amounts of 5000$. This way you can get a pretty hefty sum into your account right from the start and increase your chances of striking it rich. You might also want to pay attention to various promo codes that can pop up from time to time, depending on the broker’s mood. In any case, when you’re ready, you’ll head to the place where it all happens. This Olymp Trade review will take you there too, so keep reading.
STRATEGIES AND EDUCATION
It’s not necessary for a broker to have a detailed section on education, but it does help a lot. From that, you can see how far a company is willing to go to help its clients. Olymp Trade education consists of three different parts: strategies, indicators and webinars.
The first two are actually hybrids between presentations and videos and can help you a lot if you’re a beginner because they keep things nice and simple, especially when it comes to the language they use. All the most important topics are covered, so you can get everything you need on things like MACD, RSI, the Japese Pearl, market sentiment and more. After you go through that, you should be able to come up with your own Olymp Trade strategy or simply modify one of the existing ones to suit you better.
If you want to take things one step further, however, webinars are the way to go. The website has a decent archive of them, plus the broker organizes new ones every now and again, so stay alert if you want to participate in one. As usual, these are led by a trading expert who will tackle some of the most important issues and give you some nice tips on how to behave when an opportunity arises.
Olymp Trade also has a YouTube channel with videos in several different languages. Fortunately, the tutorial videos there are all in English, so everyone should be able to understand them. But the fact that multiple languages are available brings us to the next part of Olymp Trade review. However, there is one other thing we have to go through first. Stick around, there is much more interesting info heading your way.
Watch the video review