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Olymp Trade: Review of the Broker and Traders’ Opinions

Regulated by Int'l Financial Commission
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United Kingdom
/ 5
Rating: 7
Reviews: 73
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Having been founded in 2014, Olymp Trade is a noteworthy representative of the second generation of binary options brokers; by focusing on a single product and the usability of its trading platform, Olymp has managed to create a simple yet powerful trading solution that enabled it to grow exponentially on the international scene. Full review
Trading conditions
Tradable assets:
Option profitability:
Minimum deposit:
Minimum trade amount:
up to 80%
Demo account:
Online registration:
Call support:
Chat with support:
Tradable assets:
Option profitability:
up to 80%
Minimum deposit:
Minimum trade amount:
Demo account:
Online registration:
Call support:
Chat with support:
Deposits and Withdrawals
Review of Olymp Trade
Broker rating: 3.9 / 5

1. General Information

Olymp Trade is a relatively new yet ambitious binary broker, combining industry best practices and innovative approach to establish a wholly new level of service quality. Both professional traders with many years of experience and beginners can try their hand here, as the platform offers a demo account, which can be used simultaneously with a real one, as well as plenty of tools aimed at analyzing and enhancing your understanding of the market.

Among this broker’s advantages are reduced minimum deposit amount, interactive education, analytics by professional traders, as well as operational efficiency of support service. Placing quality on the pedestal, has declared its vision as contributing to the development of the international binary options market.

2. Advantages and Disadvantages

Low minimum deposit: you can refill the trade account with as little as 10$ or 10€. The minimum trade amount is not high as well – 1$/1€.

Demo account: an advantage for the beginning traders. Unlike with most other brokers, here you can employ a demo account in parallel with a real one and use a special link to switch between the accounts. Each trader can experiment with 10,000 “demo-dollars” to build up their skills and test trading strategies.

Unique trading platform: Olymptrade has developed a proprietary trading platform which results in smooth operation and the possibility of implementing additional functions depending on the client requirements.

Availability of educational information: the broker provides an opportunity to take free trading lessons, browse market analytics and access trade signals for performing in-depth analysis.

Regulatory oversight: Olymptrade is regulated by the FRRMC (Financial Market Relations Regulation Center) reference number 0395AAVv0074, ensuring the reliability of the trading platform and providing its clients with such benefits as legal dispute settlement and deposit compensation in case of broker violations.

Welcome bonuses: up to a 50% bonus is available on first deposits, depending on the deposit amount. The bonus can be used for receiving additional profit – and itself is not available for withdrawal.

Free withdrawal: the company does not charge withdrawal fees.

No app for Windows: at present, the broker provides the mobile version of the trading platform, which can be accessed via any web browser. Stand-alone mobile applications for Android and iOS are available, yet a comprehensive app for the Windows environment is yet to be announced.

3. Trading Terms

Olymp Trade provides its clients with a wide range of tradable assets: 8 currency pairs as well as commodities, indices, individual stocks and the bitcoin index. The broker offers the classical “call/put” binary options, with the expiration time varying from one minute to three hours. You can start trading with as little as $10, and the lowest trade amount is $1, which enables testing and learning with a gradual growth of the trading balance.

4. Tradable Assets

Olymp Trade clients can trade the following currencies in their most popular combinations: EUR / USD / RUB / AUD / CAD / CHF / GBP / JPY; gold, silver and oil are also available. Moreover, the company offers trading in major stock indices, such as Dow Jones, DAX, S&P 500 and Nasdaq; finally, traders can choose from a wide range of individual company stocks, including Apple, IBM, Microsoft, Coca-Cola, Facebook and other multinationals. Despite the moderate number of available assets, the broker covers most of trading demand by featuring all essential ones. Apart from the above, Olymp Trade also offers 24/7 trading in bitcoin.

5. Trading Platform

As mentioned above, Olymp’s trading platform has been developed by the company’s own programming team, which makes it much easier to apply internal corrections and amendments, as well as carry out technical updates. The broker offers iOS and Android mobile apps, and the browser version of the platform is also adapted for any screen resolution, which makes it possible to use the trading platform on smartphones and tablets with no inconveniences.

Olymp Trade focuses on the single trading tool – the classic “call/put” option; the platform offers 8 standardized expiration terms, with the longest being 3 hours and the shortest being 1 minute; traders can set their own timeframes as well. In this respect, the platform can still be considered quite minimalist due to the moderate choice of tools and assets, however, that same fact, together with the high level of usability, makes it an interesting option for beginner traders.

In case of a winning trade, the profit percentage varies between 10-80%, depending on the asset and current market conditions, such as volatility. After a losing trade, a small window appears, advising to proceed to the educational section or to get acquainted with the currently present automated signals. In the left part of Olymp’s trading screen, an indicator can be found with other traders’ current positions, which might also be used as a separate trading signal. Users are allowed to cancel trades up to ¾ into the life of an option.

The trading interface is refreshingly simple, neatly organized and easily understandable, yet lacks a “wow”-factor which might attract experienced traders; beginners, on the other hand, will find it to be a good potential introduction to the world of binary options trading.

6. Accounts, Deposits and Withdrawals

At present, the broker offers a single account type with a minimum deposit of $10/€10, with a sign-up bonus of up to 50% of the deposit sum. The bonus itself cannot be withdrawn and is meant as an additional leverage which can help increase the profits – which, in turn, belong to the trader and can be withdrawn using the normal procedure. Regardless of the deposited sum, all clients are provided with educational materials as well as the market analytics and reviews compiled by professional traders.

Opening an account with Olymp Trade takes no more than 10 minutes; on the home page of the broker, click on the “Open an Account” button and type in the following personal information: first and last name, e-mail and telephone number; the same window allows you to choose between a USD and a EUR account.

The following means can be used to add and withdraw funds at Olymp Trade: Visa and MasterCard bank cards, Neteller, Skrill, and other electronic wallets. The withdrawal procedure is quite fast and simpler than that of most other binary options brokers.

7. Demo Trading

Unlike many other brokers, Olymp Trade provides an opportunity for its clients to experience the platform without depositing real money, using a demo account. After completing the registration, you get a virtual account of $10,000 with the same price quotes and no limitations on the functionality. The only difference between demo and real accounts is that the virtual funds cannot be converted into real money, and to start the real trading you need to make a real deposit.

After you’ve added funds to a real account, your demo account won’t disappear, which means you will be able to use it to test new trading strategies at any time. Nevertheless, it is worth keeping in mind that the demo account is currently non-refillable, i.e. you will not be able to reset the virtual money if your demo account balance runs down to zero.

8. Trader Education

Olymp Trade provides its clients with a complete set of learning materials – both for beginners and for professional traders. On the main page, you can see the links to two sections – “Education” and “Analytics”. The former offers videos with practical information, a glossary, FAQ section, as well as an electronic book written by the company’s analysts. Furthermore, the company runs regular webinars which offer additional practical information and an opportunity to ask a professional trader. The “Analytics” section contains a live chart with indicators and advanced analysis options, an economic calendar with signals from the data portal, as well as the most recent market analytics.

9. Should I Choose Olymp Trade?

Thanks to a wide range of timeframes and its minimalist focus, the trading platform is an interesting option for new traders to develop their skills and apply theoretical knowledge in both technical and fundamental analysis. In general, the broker has prepared a solid basis for beginners to make their first acquaintance with the art of financial trading; the level of quality, which can be seen in every aspect of the company’s activities, contains the potential to turn Olymp Trade into one of the leaders of the binary options market.

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Reviews on Olymp Trade

Comments about Olymp Trade
( 73 )
User rating: 4.6 / 5

Comments: 73

  1. avatar
    Agastia Sulaksana

    Hey, I’m Indonesian trader, I’ve been trading with Olymp for about 3 months now. And I have just made an important decision to be Olymp’s VIP member. As a VIP member, I don’t have to analyze everything by myself, cz there’s a manager that train me to analyze my trades and help me making decision. I hope, there will be some Indonesian speaking manager too soon lol. Btw, thanks for the risk-free trade, it has saved me from several bad analysis.

    • avatar
      Alfri Yanuwirawan

      I already a vip but never get a manager that train me. Where’s my manager?

  2. avatar
    Isnan Maulana

    gw betah banget ni di Olymptrade karna disini gw ngerasa dihargain banget sebagai trader. dikasih bonus, dikabarin terus kalo ada promosi, di email kalo da berita ekonomi penting and selalu dijawab kalo punya pertanyaan. Betah deh ga kaya yang laen. gw juga betah karena Olymptrade selalu bikin artikel2 cara trading yang emang setelah gw buktiin ternyata sakti abis I lope you pull lahhhh wkwk

  3. avatar

    I read it but how many days does requested withdrawal money come takes to come to visa card

    • avatar

      Usually i can see my fund on my e-wallet by just 1×24 hours or less

  4. avatar

    Withdraw pun cepat , i love olymtrade fulll

  5. avatar

    what is the profit percentage and investment duration time???

    • avatar
      Olymp Trade

      Hi Samuael,
      With a regular account, you can get up to 80% from each trade. And, if you use VIP, then it is boosted to 90%. Our trading time vary from 1 minute to 1 day. Hope it helps!

  6. avatar

    Aku deposit pake Fasapay, kurang dari sehari dah nyampe akun uangnya.. tapi sekarng harus nambah lagi nih, biar gede modalnya xixixi

  7. avatar

    What I liked from this broker was the web terminal. It’s good in that the history is fully reflected, not like with most other ones – only the last few candles. It’s also nice that there’s a timer which indicates the time that’s left till the end of expiration. The broker can be regulated, which is very cool!

  8. avatar

    Can any one help me on how to score big profit? I’ve been an Olymp trader for 2 weeks now, but all I can gather is 78$ profit. I want moreeee

    • avatar

      Kalo cara withdrawal lewat Fasapay gimana yah? ane newbie nih

    • avatar

      Nazril how did you even get to that point? i’m a student, trying to raise money. do you guess or there’s a certain routine that you follow?

      • avatar

        Man, it’s simple. I only use one strategy so far, which is “trade on news”. Just follow their FB page and you can easily find this kind of post. They write what asset yu need to pick, whta time the news release and prediction according to the news release. Just see it for yourself, bro.

        • avatar

          Can’t find them in FB. What is the exact FB Page name? thanks.

  9. avatar
    Cut Isti

    olymp trade punya komunitas ga? engen gabung nih

  10. avatar

    Ada yang punya video pembelajaran ga? ane males baca2 klo trading tuh

    • avatar

      search aja “Olymp Trade” di yutube. nanti juga ada channel mereka, nah disitu banyak

  11. avatar
    Nola Apriliani

    saya biasa depoit memakai fasapay dan ingin mencoba melakukan deposit via bank lokal. apa dulu nih yang harus dilakukan ?

    • avatar
      Olymp Trade Indonesia

      Halo Mbak Nola !
      Terimakasih telah memilih Olymp Trade. Sebagai informasi, jika anda berminat melakukan deposit langsung via bank lokal, anda perlu memastikan bahwa fitur internet banking anda telah aktif. Cara mengaktifkannya adalah dengan mengunjungi kantor cabang bank anda dan meminta petugas CS untuk mengaktifkan fitur tersebut. setelah itu, anda diharuskan untuk memiliki sebuah menis tooken yang nantinya digunakan untuk konfirmasi transfer. Jika nanti semuanya telah siap, silahkan mengunjungi situs olymp trade versi web (laptop/ komputer) dan melakukan deposit dengan terlebih dahulu memilih bank yang anda pakai dan memasukan username serta password internet banking anda. semoga membantu!

  12. avatar

    maksdunya akun demo tuh gimana sih min ?? pencerahan tolong!

    • avatar
      Olymp Trade Indonesia

      Halo mas Khoitul,
      Terima kasih telah memilih Olymp Trade. Sebagai informasi, akun demo merupakan akun trading yang telah diisi saldo sebesar $10000 yang dapat dipakai sebagai akun untuk berlatih. Mohon diperhatika bahwa saldo akun demo tidak bisa di tarik, dan hanya dapat digunakan untuk berlatih. Trims!

  13. avatar

    misalnya kita pengen dapet personal manager, itu gimana caranya ya ? terus nantinya personal manager tugasnya ngapain aja ?

    • avatar

      Personal manajer nanti negbantu n ngajarin melakukan analisis

    • avatar
      Olymp Trade Indonesia

      Halo Mbak Jennie,
      Terimakasih telah memilih Olymp Trade. Sebagai informasi, personal manager adalah seorang analisis yang ditugaskan untuk membantu Anda dalam melakukan proses trading. Dan sebagai tambahan, personal manager ini merupakan salah satu fasilitas yang diberikan kepada akun VIP. Silahkan hubungi layanan konsumen kami untuk penjelasan yang lebih detail di Facebook

  14. avatar
    Putri Khansa

    dalam fitur trade cancellation, apakah dana yang sebelumnya kita investasikan akan kembali pada akun kita secara utuh ? atau akan ada pengurangan ?

    • avatar
      Olymp Trade Indonesia

      Halo Putri, terima kaish telah memilih Olymp Trade.
      Sebagai informasi, fitur pembatalan transakasi merupakan fitur tambahan dari Olymp Trade yang berguna ketika Anda melakukan kesalahan investasi (arah trading). Fitur ini memungkinkan Anda untuk menjual investasi dengan harga yang lebih rendah dari investasi awal Anda. Besaran harga ditentukan pada sisa waktu yang tersisa dari transakasi trading Anda. Semoga membantu!

  15. avatar
    Wil. Ruiz

    Does this trading company accept U.S. clients?

  16. avatar
    Bella Ayu

    di olymp trade sendiri, aset apa aja yang udah bisa diperdagangkan dalam trading ?

    • avatar
      Olymp Trade Indonesia

      Halo Mba Bella,
      Terima kasih telah memilih Olymp Trade. Sampai saat ini sudah terdapat 60+ aset yang dapat di akses di platfrom trading kami. Anda dapat memilih aset mana yang akan anda mainkan dengan langsung memilihnya di bagian paling atas platfrom. Semoga membantu!

  17. avatar
    Nnaemeka Alika

    I have been trying to fund but am receiving transaction failed with bank card pls should I do

  18. avatar

    pls re direct me on how to sign up for olymp trade

  19. avatar
    Ariana Nida

    Min, pada saat akan melakukan penarikan dana. apakah ada dokumen-dokumen yang harus dipersiapkan ? atau uangnya langsung bisa kita ambil ?

  20. avatar
    Candra Buhan

    Min. katanya platfrom olymptrade tuh platfrom yang paling banyak bagi-bagi bonus buat tradernya. cara dapetin bonusnya gimana ??

  21. avatar

    I have a real account with I can’t say anything special about them. They’ve got regular trading conditions, a good range of instruments but a pretty standard one. Money is withdrawn within 24 hours and sometimes even within an hour! What is really good about them is the platform, it’s really convenient.

  22. avatar
    Boni Adam

    Min. Kalo ketentuan withdrawal yang pertama ini penarikan sesuai dengan jumlah deposit. lalu apakah ada ketentuan bagi proses withdrawal yang kedua dan seterusnya ?

    • avatar
      Olymp Trade Indonesia

      Halo Mas Boni.
      Terima kasih telah memilih Olymp trade. Sebagai informasi, semua penarikan yang Anda lakukan mempunyai batasan jumlah per penarikan. Artinya, setiap satu penarikan hanya diperbolehkan sebesar semua deposit yang sudah Anda lakukan. Semoga membantu!

  23. avatar
    Shubham Srivastava

    What is the minimum amount which I can withdraw???

  24. avatar
    Daniel Kansani

    denger-denger sekarang di olymp trade ada fasilitas pending order. itu cara kerjanya gimana terus kegunaannya buat apa ?

  25. avatar
    Asri Wulandari

    kalo kodep promo buat bonus di olymp trade itu bisa kita dapetin dimana ya ?

  26. avatar
    NIsa Agnia

    min, kalo mau nerapin berita atau kejadian finansial terbaru dalam proses trading kita. itu caranya gimana ya ? mohon pencerahannya. terimakasih.

    • avatar
      Olymp Trade Indonesia

      Halo mba Nisa,
      Terima kasih telah memilih Olymp Trade, pada dasarnya proses ini dilakukan dengan cara membandingkan nilai prediksi analis kami dengan nilai yang diumumkan oleh berita. Dan hal ini berpengaruh terhadap nilai tukar aset yang dimaksud oleh berita. Video tentang hal ini dapat diakses di:

  27. avatar
    Hanifah Salam

    kalo mau deposit tapi ga lewat internet banking, terus nanti uang depositnya kita kirim kr siapa ya ? mohon pencerahannya

    • avatar
      Olymp Trade Indonesia

      Halo Mas Hanifah,
      Terima kasih telah memilih Olymp Trade. Selain memakai internet banking, Anda dapat melakukan deposit dengan mudah menggunakan kartu kredit, Bitcoin, dompet elektronik (Fasapay, Skrill, dll). HUbungi kami lewat FB untuk informasi rinci:

  28. avatar
    Yuri Halimah

    sejauh ini ada yang bisa share tentang ukti penarikan dari Olymp Trade ga ?

  29. avatar
    Asep Sutarji

    kalo setiap deposit itu ada bukti transaksinya ga sih ? takutnya uang yang kita deositin itu ga nyampe-nyampe gitu ke akun kita hehehehe
    mohon penerahannya

    • avatar
      Olymp Trade Indonesia

      Halo, mas Asep!
      Terima kasih telah menghubungi kami. Sebagai informasi, setiap metode pembayaran pasti memberikan catatan berupa laporan transaksi kepada Anda. Mohon diingat untuk menyimpan tanda transaksi ini, agar saat dana Anda tidak sampai, Anda dapat memberikan tanda bukti tersebut kepada layanan konsumen kami untuk ditindak lanjuti.

  30. avatar
    Pungki Pertiwi

    Min, saya telah melakukan transaksi deposit melalui mandiri, sudah memasukan username dan password yang sesuai dengan internet banking-nya. tetapi masih belum dapat berhasil depositnya, ada perintah “username dan password salah”, padahal saya ngisi sudah sesuai dengan username dan pass saya kalo saya melakukan transakasi memakai e-banking. itu salahnya dimana ya ? mohon pencerahan…

    • avatar
      Olymp Trade Indonesia

      Halo, mba Pungki.
      iasanya jika terjadi kesalahan dengan pemberitahuan “salah” itu disebabkan kesalahan pemasukan data. Mohon diingat bahwa m-banking dan i-banking membutuhkan proses aktivasi yang berbeda. Dan username/password i-banking pun ada dua jenis, yaitu untuk hanya melihat saldo melalui situs (non-finansial) dan ada yang dipergunakan untuk transaksi online (finansial).

  31. avatar

    I’ve been trading actively on the OlympTrade platform since february of this year. At first I didn’t like the platform, but then I took a closer look and understood that it’s really cool. The platform is constantly developing, but continues to develope itself, taking into itself the newest developments, indicators, trading instruments. As an example – instant price fixation or Monay withdrawal in the evening in 15 minues, like I have. In a word, it’s a progressive broker.

  32. avatar
    Sentia Hani

    Pernah ada kasus akunnya diblokir olymptrade ga sih ? ketentuan pemblokirannya tuh giragira gegera apa ya ? ya buat jaga jaga gitu….

    • avatar
      Olymp Trade Indonesia

      Halo, Mba Sentia!
      Terima kasih atas pertanyaan Anda. Sebagai informasi, pemblikiran akun bisa terjadi karena pelanggaran kebijakan platform. Berikut beberapa alasan yang paling sering ditemukan dalam pemblokiran: Semoga membantu!

  33. avatar
    Rudi Runandar

    saya kesulitan membuat fasapay karena ktp sudah mau habis janga waktunya. apakah ada cara lain selain deposit via Fasapay atau skill?

  34. avatar
    Raisa Male

    kalo kita main di akun demo itu kita bisa dapetin bonus ga ya ?

    • avatar
      Olymp Trade Indonesia

      Halo, mbak raisa!
      Sebagai informasi, Olymp Trade menyediakan berbagai program bonus setiap minggunya. Tetapi untuk mendapatkan bonus deposit, Anda terlebih dahulu harus melakukan deposit. Dan untuk mendapatkan bonus lainnya,seperti program bonus kode promo, Anda juga dapat melakukannya setelah melakukan deposit. Sedangkan untuk bonus program spesial, terdapat persyaratan lain yang harus Anda penuhi yang tercantum dalam publikasi bonus yang dimaksud.
      Semoga membantu!

  35. avatar
    MIna Hannah

    saya pertama deposit itu $15, setelah trading sekarang saldonya $30. itu semua uangnya bisa diambil ga ?

  36. avatar

    How long does a deposit takes to reflect cause i made a deposit last night though my bitcoin account but it’s still not reflecting

  37. avatar
    Rismaa Oktaviani

    Kalo jumlah deposit di akun demo udah habis jadi nol, apakah itu kita bisa dapetin lagi depositnya buat main di akun demo ga dari olymptrade ? kalo bisa caranya gimana ?

    • avatar
      Olymp Trade Indonesia

      Sebagai informasi, Anda dapat mengisi kembali saldo pada akun demo Anda jika sudah habis dengan cara menekan tombol “deposit” yang terdapat di tab akun demo. Tombol ini biasnaya memiliki limit waktu, Anda mungkin harus menunggu beberapa waktu agar tombol ini dapat tersedia.

  38. avatar

    Hi everyone! I started working with this broker recently, about 2 weeks ago. I have nothing bad to say about it, the platform is comfortable, I haven’t noticed any graph adjustments, the deals open immediately, you don’t have to wait 1-2 seconds for them to open. I advise Olymp Trade for work!

  39. avatar

    kalo kita udah pindah ke akun real, akun demonya masih bisa dipake buat latihan ga ya ?

    • avatar
      Olymp Trade Indonesia

      Halo Mbak Dolores,
      Sebagai informasi, akun demo merupakan fasilitas yang akan selalu mas miliki sampai akun mas ditutup. Jadi meskipun mas sudah melakukan deposit dan menggunakan akun riil, mas masih bisa memanfaatkan akun demo sebagai fasilitas latihan. Semoga membantu!

  40. avatar
    Noer Halimah

    Maaf mau nanya, Saya kebetulan sekarang tinggal di kuala lumpur, tetapi saya tertarik dengan olymp trade. Bisa kan proses transaksinya melalui bank lokal yang ada di kuala lumpur ? terimakasih…

    • avatar
      Olymp Trade Indonesia

      Halo Mbak Noer!
      Terima kasih telah memilih Olymp Trade. Sebagai informasi, dari Kuala Lumpur, Anda juga dapat melakukan deposit melalui kartu bank dengan lambang VISA/Mastercard. Selain menggunakan kartu bank, Anda juga dapat menggunakan dompet elektronik seperti Skrill atau ePayment. Semoga membantu!

  41. avatar

    Am From Nigeria, can I participate and trade conveniently with olymp trade?

  42. avatar

    kak, bedanya VIP sama akun reguler apa? Ada kelebihannya?

  43. avatar

    Hi am from zambia can i partipate and trade on this platform be able to withdraw conviniently

  44. avatar

    Min, ni cara main akun riil gmna? Katanya hrus deposit dulu tapi selalu gagal pake BRI nya. Mohon penjelasannya

    • avatar
      Olymp Trade Indonesia

      Halo Kinan.
      Jika Anda ingin mulai memakai akun riil, Anda dapat melakukan deposit dengan kartu debit. Bahkan ada dua pilihan untuk menggunakannya:
      1. i-banking BCA, BRI, Mandiri: dengan cara mengaktifkan fitur i-banking terlebih dahulu
      2. Fasapay: dengan cara membuat akun Fasapay dan melakukan transfer ATM ke akun Fasapay Anda lalu mendepositkannya ke Olymp Trade.
      Untuk video panduannya dapat dilihat di tautan Youtube berikut ini:

  45. avatar

    kalau deposit lewat indomaret / alfamaret bisa gak bos?

  46. avatar

    Mas, saya sudah deposit real tapi dalam sehari lose $10 bisa minta tip & triknya? makasih

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