Olymp Trade

Olymp Trade is a forex broker that was established in 2014. Since then it has provided a safe and regulated trading environment, from an intuitive interface to a wide range of simple and effective trading tools.

Olymp Trade is used by more than 89 million traders in more than 130 countries. The broker has 24/7 client support ready to answer your questions and help anytime. 

Olymp Trade doesn’t offer no deposit bonuses, but has a wide range of discounts, bonuses on pay and promo codes.

Overall, Olymp Trade is a trustworthy online trading platform that caters to traders of all levels. 

Regulation

Olymp Trade is a licensed and regulated broker by the Vanuatu Financial Services Commission (VFSC) with license number 40131.

Olymp Trade joined the International Financial Commission on February 22, 2016.

Olymp Trade’s clients are protected by deposit insurance and have access to comprehensive support and prompt resolution of any issues concerning their financial interactions with Olymp Trade.

Countries of presence

More than 130 countries covered. Most countries in South America, Africa, and Asia are available.

Brazil

Chile

Turkey

Ukraine

Korea

India

Saudi Arabia

Thailand

South Africa

Luxembourg

Singapore

Qatar

Indonesia

Vietnam

Venezuela

Argentina

Mexico

Egypt

Morocco

and other countries

Awards

Olymp Trade has 17 global awards.

BEST TRADING EXPERIENCE BROKER

Forex Brokers Awards, 2023

BEST ONLINE TRADING AND INVESTMENT PLATFORM MENA

World Business

Outlook, 2023

BEST MOBILE TRADING PLATFORM

World Finance Award, 2021

BEST INVESTMENT BROKER

Forex Brokers Award, 2021

MOST TRANSPARENT BROKER

World Finance Magazine, 2023

BEST CUSTOMER SUPPORT BROKER

Forex Brokers Award (FX Daily), 2023

And others

Trading Platforms

Olymp Trade for Mobile:

Google Play

Huawei

Galaxy Store

Xiaomi

APK

Olymp Trade for Desktop:

Windows x32

macOS

Windows x64

Web App

Trading Accounts

LIVE ACCOUNT

Live accounts are available to all registered users. With just $10, you can open a trading account and start trading.

DEMO ACCOUNT

The demo account is the perfect tool for beginners to learn and practice trading with practice currency in a safe environment for as long as they need.

Statuses:

Olymp Trade has statuses on their accounts, which means that users can upgrade their status and unlock additional features to boost their trading. They can get higher statuses by making larger deposits, or collecting XP and moving up the Trader’s Way.

Trading instruments

Forex and Stocks 

Crypto 

Indices 

Metals

Energies 

Olymp Trade offers such underlying assets for trading, as:

35+ Currency Pairs (Based on major and minor world currencies);

12 Crypto BOs (Based on Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, Litecoin, Dash, Ripple, Monero, Zcash);

10 Indice BOs (Based on baskets of different blue-chip stocks);

4 Metal BOs (Based on Gold, Silver, Platinum and Copper);

2 Energy BOs (Based on Crude Oil (Brent) and Natural Gas);

12 Stock BOs (Based on shares of US companies).

Registration process 

The process is simple and takes seconds. All you need is an email address and a password.

Verification

Olymp Trade’s verification can be voluntary or mandatory. 

If you send a request to customer support and want to undergo voluntary verification, you will only need to provide your ID and a 3D selfie.

Verification is mandatory if you were notified about verification but have not requested it. To complete the mandatory verification process, you have to upload the following documents:

1. Passport or a government issued ID

2. 3D selfie

3. Documents confirming your residence

4. Payment method

5. Source of funds

Verified trader on the Olymp Trade platform may enjoy the following benefits:

1. Quick Deposit of your capital in your trading account;

2. Fast processing of your withdrawals directly into your confirmed bank account;

3. Recognition as a genuine Olymp Trader in your residential country;

4. Confirmed status as a registered Olymp Trader without any involvement in shady financial deals or illegal financial transactions;

5. Possibility of becoming a brand ambassador, affiliate or recognised partner of Olymp Trade in your community, country and continent.

Deposits and withdrawals

The minimum deposit and withdrawal amount is 10€.

You can only withdraw funds to your payment method. If you have made a deposit using 2 payment methods, a withdrawal to each of them should be proportional to the payment amounts.

Fees

Usually, there are no withdrawal fees on Olymp Trade, but it might occur if your withdrawal fulfills one or several conditions:

1. All USDT accounts are subject to withdrawal commissions;

2. A commission is charged when you withdraw funds using a cryptocurrency payment method;

3. Traders who deposit and withdraw and/or use duplicate trading accounts without trading could be subject to commissions in accordance with the Non-trading Transactions Regulation and KYC/AML Policy.

SUPPORT

Support is available 24/7 via online chat or email in your local language.

PROMO & BONUSES

You won’t find a no deposit bonus promo on the Olymp Trade platform. Here is what the broker offers instead:

Discounts

Traders who want to upgrade their status to Advanced or Expert can do so with a 50% discount on the qualifying deposit. 

Bonus on Pay

When you deposit $500 (or an equivalent in your currency), you get 30% extra in your account. And when you deposit anywhere from $4,999 (or an equivalent), you can receive a 50% bonus. 

Promo Codes

AFFILIATE PROGRAM

Olymp Trade Official Affiliate Program

The program allows affiliates: social media influencers, bloggers, webmasters and introducing brokers to earn commission by referring users to Olymptrade.com.

Affiliates can earn a commission for every purchase that is redirected from their platform to Olymptrade.com through the affiliate links or codes.

First you have to register with the program and get your affiliate link. Attract users through links, banners, ads or other methods, and get profits from Revshare or CPA sent to your account.

TRAINING

Olymp Trade has an official blog that offers users the following educational and training tools:

Video courses;

Interactive articles about financial markets; 

Technical and fundamental analysis;

Money management; 

Forex, stocks and crypto;

Trading psychology;

Expert reviews;

Market news, etc.