May 11, 2021
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Trading conditions and characteristics of the Olymp Trade site
Online trading is quickly spreading all over the globe attracting millions of new traders very day. The Internet allows individuals to participate in trading regardless of place and time - you can trade online from anywhere in the world. As a rule, access to trading is realized via an online broker. A broker provides its clients with software for conducting trades and technically supports this activity. In this chain of interactions, the online broker is an integral link, and it is important to choose a reliable one. In today's review we will talk about Olymp Trade platform and its advantages.
Olymp Trade platform

A short intro

Olymp Trade has been operating on the market since 2014. The company is owned and operated by Saledo Global LLC, registered in Saint Vincent and the Grenadines. The broker offers sufficient trading opportunities. The Olympic Trade broker may not have a huge amount of assets, but it has everything you need for full-fledged trading: currency pairs, oil, precious metals, stocks and indices. There are also cryptocurrencies that can be traded over the weekend. Customer-oriented approach allowed the company to activate 25 million trading accounts in record time. Nowadays, the company terminal processes over 30 million deals every month, and the customer profits exceed $ 8 million.

The constant improvements of the trading environment brought the broker several prestigious awards. The technical capabilities of the platform are constantly upgraded. The site supports 19 languages and is accessible in 134 countries. Keep reading this Olymp Trade survey to learn all benefits in detail.
Olymp Trade has been operating on the market since 2014. The company is owned and operated by Saledo Global LLC, registered in Saint Vincent and the Grenadines. The broker offers sufficient trading opportunities. The Olympic Trade broker may not have a huge amount of assets, but it has everything you need for full-fledged trading: currency pairs, oil, precious metals, stocks and indices. There are also cryptocurrencies that can be traded over the weekend. Customer-oriented approach allowed the company to activate 25 million trading accounts in record time. Nowadays, the company terminal processes over 30 million deals every month, and the customer profits exceed $ 8 million.
The constant improvements of the trading environment brought the broker several prestigious awards. The technical capabilities of the platform are constantly upgraded. The site supports 19 languages and is accessible in 134 countries. Keep reading this Olymp Trade survey to learn all benefits in detail.
Start of operations
Official website
Minimum deposit
Minimum trade
Trading instruments
Training account
Maximum leverage
Minimum amount to withdraw
2014
$10
$1
100+
Free demo with $10,000 refundable deposit
1:500
$10
Profitability
Up to 90%
Trading hours
24/7

Regulation

Traders always evaluate the reliability of the trading customer by official licenses and certificates. Only documents from independent regulating authorities can ensure a high level of service and customer protection. Olymptrade platform is a member of the Financial Commission (FinaCom). It has a category A certificate, which ensures safe activity for every company client. The broker guarantees to provide its clients with insurance coverage of up to $ 20,000 for each transaction in the event that a dispute between a trader and a site is resolved in favor of the former. Moreover, Olymp Trade has been certified for the quality of execution of transactions in accordance with the procedure approved by the independent service Verify My Trade. You can find all the details on the FinaСom website.

Registration

To get access to the platform and start Fixed Time trading, you must go through the registration procedure on the official website. Activation of a demo account also requires prior registration.

The registration process is very simple. A trader needs to fill out a questionnaire with a standard set of data – name, phone, email, password on the official resource. For this, you need to open the "Registration" tab. After entering the data, password and choosing a currency for trading, you must press the "Register" button. Then check your email – you will receive a confirmation of registration and a link to activate a personal profile. You can register using one of your active social network accounts.

When choosing a currency (you can choose between US dollar, rouble, and euro). Note that you will not be able to change the currency after the registration. For this, you will have to block your existing account and open a new one. It can be done with the help of the technical support team.
OlympTrade registration

Trading conditions

The main currency of a trading account can be ruble, dollar or euro. You can open a real account with only $ 10. The minimum trade starts from $ 1 and the maximum trade is $ 2,000. Olimp Trade allows its customers to make money on the following asset options:
    Exchange
    indices
    Forex
    currency pairs
    Shares of foreign companies
    with high liquidity
    Commodities
    (gold, silver, oil, natural gas)
    Cryptocurrencies
    (Bitcoin, Zcash, Etherium and others)
    The following options are available for trading on the OlympTrade platform.
    More / Less (Call / Put)
    Everything is simple here, you just indicate the expiration time and choose the direction of the chart movement above or below. If your forecast for the selected time is confirmed, you will receive a profit of 70-80% of your initial investment. The final revenue depends on the asset and the term of execution of the position.
    One touch / no touch
    Here it is a little more complicated, you need to select a specific value and set whether the graph will reach it within the selected time interval or not. The amount of profit can range from 20 to 150%, depending on the selected asset.
    Fixed Time Trade
    These are very similar to the first option, but the expiration time is limited from 1 to 5 minutes, and it explains the asset name.

    Platform

    For Fixed Time trading, Olymp Trade offers a web-terminal of its own design which functions without failures and errors. It was created by professionals with wide expertise in the development of innovative services. Quotes come directly from major market liquidity providers.

    The newest feature of the platform is Market. It is an extension store. Here you can subscribe to additional tools and strategies, which will allow you to trade even more successfully and efficiently. Please note that it is not possible to pay for a subscription with bonuses.

    Thanks to subscriptions from the Market, you can personalize your trader profile according to your preferences and needs. For example, you can increase profitability, connect advanced analytics and custom indicators (Stochastic RSI and / or Bollinger Bands), and use long-term strategies.

    The broker also supports MetaTrader platform which has a huge number of advantages. This terminal appeared on the market more than 10 years ago, but every year it gets new features and possibilities. In MT4 from Olymp Trade, you will have access to new currency pairs, indices and metals. For example, you can earn on the volatility of the Chinese yuan or invest in the Spanish stock index.
    OlympTrade trading platform
    OlympTrade mobile trading platform
    Olymp Trade MT4 supports 5 types of trading orders:
    Of course, in MT4 you can use stop loss, take profit and trailing stop to help you manage your positions effectively.

    Olymp Trade App

    You should not underestimate mobile applications for trading. This modern solution is offered today by the most reputable trading platforms. Software for smartphones is in no way inferior to the desktop and web versions. The Olymp Trade app offers the same list of assets for both desktop and mobile programs. From your smartphone, you can easily trade the following popular assets:

    Account types

    You can activate one of the two accounts on the platform:
    This account comes with a virtual balance and is designed for testing and training.
    Demo Account
    Standard account
    This account allows traders to make real trades in the range from $ 10 to $ 2,000. It has plenty of financial instruments and can bring up to 90% profitability on successful trades. You can open this account depositing only $ 10 or its equivalent in other accepted base currencies. Depending on the amount of your deposit, you will get one of three statuses – Starter, Advanced, and Expert. Each of them gives a number of privileges to its holder.

    Demo Account

    Broker Olymp Trade allows you to use your demo account without any time restrictions. You only have to register on the platform to get access to free training profile and virtual money. You can make exactly the same trades as you would do in a real terminal. The only difference is that

    A demo account has undeniable advantages:
    it allows you to test trading and get acquainted with the interface and functionality of the platform, learn all the possible settings
    novice traders can gradually gain experience, master strategies, tools and other features of Fixed Time trading
    each trader can implement and test their own trading strategies for free and immediately check their effectiveness online
    it is a perfect chance to master money management nuances and make your future trading more profitable
    a demo account will help you understand technical analysis and take trading seriously

    Training resources

    Recently, each platform devotes attention to the educational resources on the site. It makes it possible for absolute beginners to start trading. To get the general information about the Olymp Trade platform, you can go to the "Frequently Asked Questions" section. Here, you will get a general understanding of Fixed Time trading.

    Beginners are also offered to study the E-Book of a  broker and watch thematic videos from Olymp Trade. Platform participants can attend webinars that are regularly held by the company.

    Recently, a broker launched specialized training courses for registered users – Academy. The main characteristic of this training program is that a trader needs to pass a test to prove how well he understood the materials.

    Olymp Trade Bonuses

    With each replenishment of the trading account, Olymp Trade clients receive a bonus reward in the amount of 100% of the investment. But to withdraw these funds, you will have to fulfil certain actions. The client will be able to withdraw bonuses only when the number of transactions exceeds the amount of the received bonus by 25 times. At the same time, all bonuses from the broker can be used for trading. Bonus feature minimizes the financial risk a trader may face.

    You can also use a broker promo code to get a nice plus to your deposit. Such promotions are regularly held according to the Olymp Trade review. You can find these lucky codes on the official site, catch them in official social network groups. Plus, you will get a promo code just for active trading.
    Olymp Trade bonus promo

    Customer support

    The possibility to receive professional help on the platform is very important for a trader. Technical issues happen on each terminal. And according to Olymp Trade reviews, the broker customer support service functions excellently. You may contact the technical specialist in one of the following ways:
    As you see the company supports traders in all possible ways. And according to, all interaction channels work excellently.

    Payment conditions and fees

    As it has been already mentioned, you need only $ 10 to start trading. For both deposits and withdrawals, you can use one of the payment systems presented on the site:

    • Plastic cards Visa / MasterCard
    • Payment systems Neteller, Skrill and FasaPay
    • Crypto wallets

    The broker does not charge additional commissions for funds withdrawals or deposit replenishment. Users confirm that there are no delays of transactions on the platform.
    OlympTrade payment
    Olymp Trade payment

    Key takeaways

    Advantages
    Easy to use platforms with a friendly interface

    Trading account is available for $10 deposit

    Multilingual site interface and customer support

    A wide choice of trading assets

    Trading is available 24/7 for some assets

    A lot of education and analytical materials
    Disadvantages
    The broker is not regulated sufficiently

    Additional fee is charged for inactive accounts
    We have put together this Olymptrade review to demonstrate all the benefits of this trading platform. Both new traders and experienced market participants have a fair chance to get a good stable profit trading on this site. To reconfirm it, you can compare Olymp Trade to other companies providing similar services. On this platform, you can find everything you may need for a successful trading career – from favorable technical conditions to a bunch of financial incentives.
    Olymp Trade • 2021 Broker Review

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