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    Olymptrade

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Olymptrade

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Overview

Olymptrade has a rating of 4.1 stars from 249 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Olymptrade most frequently mention fixed time, trading platform, and demo account. Olymptrade ranks 2nd among Stock Trading sites.

  • Service
    75
  • Value
    39
  • Quality
    66

This company responds to reviews on average within 3 days

Positive reviews (last 12 months): 85%
Positive
51
Neutral
2
Negative
7
View ratings trends
26
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How would you rate Olymptrade?
Top Positive Review

“Unique concept”

Fanele S.
9/17/24

In many aspects, Olymp trades offer innovative and unique experiences. The one that appealed to me and made me give it a try was the offer of trading without spreads. I don't remember seeing any other platform with a similar concept. I expected high fees to compensate this feature, but it happened the fees to be quite reasonable 👏 I would rate them 10/10 for low trading costs 👍

Date of experience: 9/17/24
See positive reviews
Top Critical Review

“Stay Away”

Go To EliteRecoup.con For Help l.
6/12/24

I strongly caution against engaging with Olymp Trade, as my experience suggests they operate as a scam company. Be wary of any involvement, as it may result in financial loss and unfavorable outcomes. I've gotten my money back and that was only way I could go about it. I got help from. (I USED THEIR WEBSITE URL AS MY DISPLAY NAME AND PROFILE PICTURE ON THIS REVIEW INCASE YOU NEED HELP AND WANT TO REACH OUT TO THEM). Note: I did this because of the strict policy over here and honestly i just want to help as many people as possible to get their money back.

Date of experience: 6/12/24
See critical reviews

Reviews (249)

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Timeframe

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Reviews that mention popular keywords

trading platform (37) demo account (16) forex trading (12) trading modes (18)
Thumbnail of user shuaibj
AE
1 review
0 helpful votes
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September 16th, 2024
Verified purchase

Here is my olymp trade review and first impression after I opened an account and started trading on the platform.
The onboarding procedure is quite simple. It does not ask for silly questions or going through some silly trading quiz :D All you need is to fill out the form and upload the documents.
Next you need to choose an account type, but this is straightforward because all you need to choose is your base currency. I chosed the USDT account type, since I wanted to deposit and withdraw in the future in USDT. This is some sort of an advantage of Olymp Trade, providing usdt as a base currency is not a common thing in the market.
Next, the initial requirements are quite low… I deposited $250 but one can open a real trading account with a far lower deposit.
The trading platform itself is pretty intuitive. Even for newbies. It won't take you long to get accustomed to it.
And lastly, I like its concept - no spreads (or at least they are so low that I haven't even noticed them), only commission. This is a fair and honest approach 👍
Anyways, the overall concept of the platform is different from the rest. Some may like it, and some may find it unattractive. Being different is a double-edged sword!

Date of experience: September 16, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Shuaib J.
Thank you so much for sharing your detailed review and first impressions! 😊 We’re glad to hear that you found the onboarding process smooth and hassle-free. We know that starting on a new platform can be daunting, so we aim to make it as straightforward as possible. It’s great to see you appreciate the flexibility of having USDT as a base currency—it's something we offer to cater to the needs of our crypto-savvy traders.

We’re also pleased to know that you find our platform intuitive and user-friendly, even for those new to trading. The low or no spread approach is indeed a unique feature, designed to provide a transparent and cost-effective trading experience. We understand that being different can be challenging, but we’re committed to offering a distinctive and honest trading environment.

Thank you for your trust and feedback! If you have any suggestions or need any assistance as you continue your trading journey, we’re here for you. Happy trading and wishing you lots of success! 🚀📈✨

Thumbnail of user yuniartiw
Indonesia
1 review
0 helpful votes
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May 17th, 2024
Verified purchase

I can't say that i, encountered this broker casually.
Actually, I really knew who I was going to mess with, because olymptrade is the brand that is flashing around the net.
Rly, check how many reviews this; platform has and check its legal base. The company is overseen by the financial commission, which is a renowned organization in the trading industry!
Speaking of trading itself, then there are some things that are attractive to me, like statuses which help you to level up profitabiltiy rate while trading in fixed time mode

Value

Date of experience: May 17, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Yuniarti W.
Thanks for your feedback!

Our team is always here, improving things to make sure you get the best experience possible. Keep trading with us!

Best regards,
The Olymp Trade team

Thumbnail of user javierl171
Argentina
1 review
0 helpful votes
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April 23rd, 2024
Verified purchase

Having an affordable minimum deposit is very important because most beginners do not really have cash they are not using so they have to be very wary of how they spend at the beginning of their trading. The trading instruments are also diverse, and you can trade in any market you want. I trade Eth/Usd on different trading modes and it's all good.

Date of experience: April 23, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Javier L.
Thanks a lot! Feedback like yours drives us to keep improving.

Best of luck,
Olymp Trade

Thumbnail of user javierh133
Mexico
1 review
0 helpful votes
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May 13th, 2024
Verified purchase

The platform is one of a kind!
I am quite a skillful trader and it was interesting to look why people in the net say tons of psitive things about the Olymp Trade broker.
I now trade using their fixed-time trading ode and it's quite an unusual thing which requires better concentration since orders are executed within a speciific expiration. I tried trading BTC ETF and it's cool they offer this asset, afaik, they were in the forefront of those brokers who gave access to it.
Ain't lying profitability rate is delicious! Keep uprgading your status to get even a better one ;)

Date of experience: May 13, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Javier H.
Thanks for your feedback!

Our team is always here, improving things to make sure you get the best experience possible. Keep trading with us!

Best regards,
The Olymp Trade team

Thumbnail of user gabrielo254
Brazil
1 review
0 helpful votes
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April 19th, 2024
Verified purchase

I came here to trade and my trading strategy is based only on patterns that I see on the chart. Therefore, it's important for me that platform has a simple interface for opening and closing orders, fast execution and tools for drawing levels and graphical figures.
This broker has a good set of everything that I have listed.

Date of experience: April 19, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Gabriel O.
Thanks for your feedback — it’s integral to our growth.

We’re here so that you get a top-notch trading experience. Stay tuned for more!

All the best,
Olymp Trade

Thumbnail of user leonardof60
Brazil
1 review
0 helpful votes
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May 7th, 2024
Verified purchase

This platform has been very effective in delivering the results I have always wanted, it just turned out I had to perfect my strategies and also the support team has made the journey worthwhile.

Quality

Date of experience: May 7, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Leonardo F.
Thanks for your feedback — it’s integral to our growth.

We’re here so that you get a top-notch trading experience. Stay tuned for more!

All the best,
Olymp Trade

Thumbnail of user diegoc224
Mexico
1 review
0 helpful votes
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April 22nd, 2024
Verified purchase

I just made a profitable trade and it is worth talking about. I have not used any extra resources from anywhere else... even youtube to learn anything. All that I have been using was provided by the broker and I have made a successful trade using it.

Date of experience: April 22, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Diego C.

Thanks for your feedback!

Stay tuned for more updates.

All the best,
Olymp Trade

Thumbnail of user ahmadz50
Malaysia
1 review
0 helpful votes
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April 26th, 2024
Verified purchase

Wassup guys. I am here to share my journey with Olymp Trade. I have been in the trading field for 1+ years. I have tried everything but it was the first time when I was trading in a fixed time mode and I can say it is an interesting direction for me. I like the fact that I don't need to follow the charts all the time and my trade position can be closed automatically.

Date of experience: April 26, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Ahmad Z.
Thanks for your feedback — it’s integral to our growth.

We’re here so that you get a top-notch trading experience. Stay tuned for more!

All the best,
Olymp Trade

Thumbnail of user putriw1
Indonesia
1 review
0 helpful votes
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April 18th, 2024
Verified purchase

I spent a considerable amount of time developing a trading system of mine as well as looking for the right broker. Olymp Trade was the choice. It has good reputation and it is well regulated.
As for the practical matter, I really appreciated the broker's platform. It is friendly to use
Features like multi-chart, TA indicators and tools make charting on platform seamless

Date of experience: April 18, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Putri W.
Thanks a lot! Feedback like yours drives us to keep improving.

Best of luck,
Olymp Trade

Thumbnail of user luisg1036
Mexico
1 review
0 helpful votes
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April 13th, 2024
Verified purchase

This broker is a global broker and I like that they know and act accordingly because it's not all brokers that take this thing into consideration. There are still many brokers that offer limited payment methods making it very difficult to make transactions. Going back to Olymp trade, the platform has various payment methods both for making deposits and making withdrawals, both local and global. Local to every region I mean, and then they also have crypto payment gateways. Just that some that you expect are not available.👍🏽

Date of experience: April 13, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Luis G.
We appreciate your feedback.

We’re constantly refining our platform to better meet your trading needs. Stay tuned for more!

Best wishes,
Olymp Trade

Thumbnail of user sarawutb
Thailand
1 review
1 helpful vote
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April 3rd, 2024
Verified purchase

This is one of the best and worldwide top-class brokers I have ever met in my trading career. They offer lots of useful services for customers. Traders can choose three types of trading modes. For example, there are forex, stocks and fixed time modes.
I was trading in all kinds of modes and it was really fun. I can say there are such tight spreads which I can't see with my own eyes, low commissions, cheap swaps and lots of pending orders that increase your profit in trading.I would like to highly recommend trying out this broker to beginners and experienced traders!

Date of experience: April 3, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Sarawut B.
We appreciate your feedback.

We’re constantly refining our platform to better meet your trading needs. Stay tuned for more!

Best wishes,
Olymp Trade

Thumbnail of user enzoc22
Brazil
1 review
0 helpful votes
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April 8th, 2024
Verified purchase

Here are some insights of my trading on n this broker's platform. I'm sure it's better than just positive review.

My trading divided into two parts. To be more precise, I trade FTT and sometimes trade some stocks in forex trading mode.
It seems to me that stock trading makes profit only if it is positional trading, which is allowed by forex mode and which is not possible in FTT mode. This is my opinion guys...
Both modes have advantages. And that's why I combine them in my trading. This way I get more opportunities to make a profit.

Quality

Date of experience: April 8, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Enzo C.
Thanks a lot! Feedback like yours drives us to keep improving.

Best of luck,
Olymp Trade

Thumbnail of user wanlopt
Thailand
1 review
0 helpful votes
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April 13th, 2024
Verified purchase

Having read revies about this broker. I decided to go with them to. I checked their platform first using a demo account, once I got accustomed with the layout, I wanted to make the first deposit.
I was lucky as the deposit process here is really simple. I just clicked "payments" button on the platforn then chose "deposit" and selected bank card as payment method. The process was fast and my money was in my account's balance.
I just think making a seperate pop up menu for payments in the diffrent location (perhaps left side) in the platform would be a bit better...

Date of experience: April 13, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Wanlop T.
Your idea looks promising. Thanks for sharing!

We’ve forwarded it to our developers for consideration.

Best of luck,
The Olymp Trade team

Thumbnail of user chaiwats
Thailand
1 review
0 helpful votes
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April 5th, 2024
Verified purchase

One can't ignore the abundance of positive reviews about Olymp Trade and I read so many of them highlighting that this platform is an excellent choice for beginners.
That might be true.
However, I don't see any reason why it shouldn't be an excellent place for experienced ones too. Actually, pros can do a lot more on such a versatile trading platform :)

Date of experience: April 5, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Chaiwat S.
Thanks for your feedback — it’s integral to our growth.

We’re here so that you get a top-notch trading experience. Stay tuned for more!

All the best,
Olymp Trade

Thumbnail of user edmundom21
Colombia
1 review
0 helpful votes
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April 4th, 2024
Verified purchase

Well, I can't say that I am fully delighted with my experience of trading with the olymp trade broker.
First of all, I had certain troubles verifying my identity. I quickly uploaded required documents, but they had been processing for a way longer period that I had expected.
Secondly, it was tough for me to understand how to manage multipliers, because it's not a usual leverage. It is something bigger.
Nonetheless, I should say that customer support and their custom platform work properly. Number of assets is also cool, as well as variety of modes.

Date of experience: April 4, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Edmundo M.
Thanks for your feedback!

Our team is always here, improving things to make sure you get the best experience possible. Keep trading with us!

Best regards,
The Olymp Trade team

Thumbnail of user dewir7
Indonesia
1 review
0 helpful votes
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April 9th, 2024
Verified purchase

I started trading with Olymp Trade recently. My registration was smooth and fast. I am an old school trader and got used to trading on the Metatrader platform. But they have their own platform and I should admit it is more modern than MT but it is kind of complex for me. I couldn't get how to use pending orders and then the support team helped me with a detailed response.

Date of experience: April 9, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Dewi R.
Thanks for your feedback — it’s integral to our growth.

We’re here so that you get a top-notch trading experience. Stay tuned for more!

All the best,
Olymp Trade

Thumbnail of user juanl721
Argentina
1 review
0 helpful votes
  • Send Message
April 9th, 2024
Verified purchase

I like that Olymp trade is very cost effective, trading fees are reasonable, no spreads, and it has realy nice assets you can traade with. The trading conditions are very conducive for anyone to start and pick up speed in the industry. I highly recommend the broker.

Date of experience: April 9, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Juan L.
Thanks for your feedback!

Stay tuned for more updates.

All the best,
Olymp Trade

Thumbnail of user jassima24
AE
1 review
0 helpful votes
  • Send Message
April 30th, 2024
Verified purchase

I couldn't find technical indicators on the platform and then I contacted the technical support and they helped me with a detailed answer and the problem was solved.

Date of experience: April 30, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Jassim A.
Your feedback on our team’s work is much appreciated — it shows us that we’re doing things right. Reach out to us anytime!

All the best,
The Olymp Trade team

Thumbnail of user kukujat13
India
1 review
0 helpful votes
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May 7th, 2024

It's a fake app, fake company pays out people to write reviews and furthermore it's all planned to lure people into it. I have proofs of all this

Tip for consumers:
It's a fake app

Products used:
App

Date of experience: May 7, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Khushboo g.

Trading comes with risks, but with continuous learning and training, you can navigate them.

With our demo accounts and wealth of educational resources, Olymp Trade is committed to making your journey safer and easier.

Your success is our success!

Thumbnail of user jorgeg636
Mexico
1 review
0 helpful votes
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April 2nd, 2024
Verified purchase

This broker is the best and I like their trading platform and conditions for trading. There are so tight spreads starting from 0.6 pips that I even can't see these commissions.

Service

Date of experience: April 2, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Jorge G.
Thanks for your feedback!

Stay tuned for more updates.

All the best,
Olymp Trade

Thumbnail of user gabriels756
Brazil
1 review
1 helpful vote
  • Send Message
April 3rd, 2024
Verified purchase

This is a good broker that offers pretty convenient conditions for traders There are 3 modes of trading Forex Stock and Fixed time trading I tried every style of markets and I would like to highlight Fixed time trading
I opened a trading position on AUD/USD currency pairs and I got up to 90% of profit on one trade position. I like that!

Date of experience: April 3, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Gabriel S.
Thanks for your feedback!

Stay tuned for more updates.

All the best,
Olymp Trade

Thumbnail of user mariot227
Mexico
1 review
1 helpful vote
  • Send Message
March 12th, 2024
Verified purchase

That is a remarkable platform for me.
I read reviews, I traded different modes here, I even tried trading recently introduced Bitcoin ETf and I should say that olymp trade guys excel at many aspects, from reputation which isn't tainted, to trading conditions.
Their platform performs with an enviable speed, no slippages or requotes. Customer support are also cool buddies. =)

Value

Date of experience: March 12, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, Mario T.
We appreciate your feedback.

We’re constantly refining our platform to better meet your trading needs. Stay tuned for more!

Best wishes,
Olymp Trade

Thumbnail of user faresk11
Egypt
1 review
0 helpful votes
  • Send Message
February 29th, 2024

Olymptrade is a scam I did a withdrawal request and they should have deposited me 2225.93 EGP but instead they gave me 34.55 dollars which accumulates to: 1065 EGP. I already told them this issue and said to me that I have to wait for 5-14 days so I can get the ARN number to check my transaction with my bank. After I waited my ARN number from their finance department I called the bank and they said that I only received 34.55 dollars which is 1065 EGP they have should deposited 72.03 dollars so I got back to them and they said I got successfully transferred this amount of money 34.55 but I was like yea but not fully? And they are saying exchange rates changes daily and try other local methods well if there is issues within the bank payment method then why did you add up this method?. Do not deposit your money and think about withdrawing your money back into olymptrade it is a scam platform.

Tip for consumers:
It is a scam platform don't provide full funds even with proof of their withdrawal request to me

Products used:
It is trading platform

Service
Value
Quality

Date of experience: February 29, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Fares K.

On-time payouts are key for us. If more than 5 days have passed since your withdrawal request, it’s time for you to contact our support team so we can solve the issue as quickly as possible.

Best regards, Olymp Trade team.

Thumbnail of user davidf4893
Mexico
1 review
0 helpful votes
  • Send Message
March 26th, 2024
Verified purchase

As I am into classical forextrading, then I sholud say that trading such majors as eur/usd or gbp/usd is in favor for me here.
Quotes don't lag behind, they are realistically depicted, I mean, the way they should be depicted. Opend the long position recently when the news about FED's decision was releaed and so far i am in the green zone. Still holding it, cause the resistance level isn't reached yet. I set TP there, you know, as I am not sure whether price will pull back or break the level out.
The fact that the platform isstable and easy in navigation is uquestionable!

Date of experience: March 26, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hi, David F.
Thanks for your feedback — it’s integral to our growth.

We’re here so that you get a top-notch trading experience. Stay tuned for more!

All the best,
Olymp Trade

Thumbnail of user ariw29
Indonesia
1 review
0 helpful votes
  • Send Message
February 26th, 2024
Verified purchase

My journey with Olymp Trade has been rather smooth and error prone. I d like to highlight several features that contributed to my positive trading experience
-The platform. It stands as user-friendly app. What I liked most was fast execution of trades and the quality of the platform's charting tools, which are essential for effective analysis. There is a aslo a desktop version as well that can be run on Windows.
-The customer support is very responsive, always was ready to assist me when I had sone questions.
-Trailing stop loss. Great feature that can reduce loss.

Date of experience: February 26, 2024

Thumbnail of user olympt
Olymptrade .. – Olymptrade Rep

Hello, Ari W.
Thanks for your feedback!

Our team is always here, improving things to make sure you get the best experience possible. Keep trading with us!

Best regards,
The Olymp Trade team

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From the business

Olymptrade – Care that counts.

Olymptrade is a trusted global trading platform offering access to a wide variety of financial markets, including currencies, stocks, commodities, indices, and cryptocurrencies. Designed with both beginners and experienced traders in mind, Olymptrade provides a user-friendly interface, competitive payouts, and a low minimum deposit to help traders of all levels succeed.

Our platform is dedicated to supporting our traders every step of the way. With 24/7 customer service, a free demo account, and an extensive range of educational resources such as webinars, tutorials, and market insights, Olymptrade ensures that traders are empowered with the knowledge and tools they need to make informed decisions.

Olymptrade – Care that counts is here to help you grow and achieve your financial goals.

Company Representative

Thumbnail of user olympt
Olymptrade ..
Typically responds within 3 days

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