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.
This company responds to reviews on average within 3 days
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 👍
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.
Olymp Trade is an adequate brokerage, with which it is very profitable to trade. I like that it has a lot of free training, that will be interesting and useful not only for beginners XD
Also, the broker has a regulator, so I don't have to worry about something happening to my deposit. I just trade and don't have to think about anything else
Date of experience: October 22, 2020
In general, the trading platform is quite suitable for trading. Although it took me a while to stop thinking about MetaTrader and get used to this platform.
I believe traders who have ever changed the trading platform know what I'm talking about.
Date of experience: January 2, 2023
Hello, dear Chuthamani C.
We really appreciate you taking the time to share your rating with us. We would like to provide the finest trading conditions for our users. That is why it is necessary to use an independent platform. We also equip any tool that traders need to use because Olymp Trade is built to be the one-stop trading interface.
Have fruitful trading ahead!
Best regards, Olymp Trade team.
Olymp Trade broker was advised to me as a good alternative to my previous one. I complained a lot, as the conditions were the worst I have ever seen. It was tough to find a good substitution and eventually I managed to face this one.
The conditions here, the amount of trading instruments and assets are better than my previous one. Nevertheless, still there are some minor flaws which I noticed. For example, the existence of fixed time trading mode strains me a bit. Perhaps, some traders find it helpful, but I can't understand why the broker created it.
Date of experience: October 4, 2022
Hello, dear Govindasamy S.
Thank you for your feedback. We are thrilled to have you as part of our big community now. It is pleasing that you found Olymp Trade fit your need and expectation. We strive to provide the finest trading condition. We hope that with these conditions, users can make the best out of it.
Fixed Time Trading is a very interesting trading mode. It is simple yet challenging. With more time with it, you will get familiar with this mode soon. If anything is bothering you about Fixed Time Trade, you can try it on the demo account. So that you can evaluate if you want to go with this trading or not.
Please let us know if you have any further questions.
Best regards, Olymp Trade team.
Olymp Trade is a normal brokerage, that offers quite favorable trading conditions.
Of course, it has a few disadvantages, such as commission instead of spreads.
But in general, all the small drawbacks of a broker are nothing compared to its advantages. And Olymp Trade has a lot of them.
Most of all I like the fact that a broker is suitable for beginners - it has a free training, trading on a demo, and low enough rates; and for professionals - 2 trading platforms to choose from, a lot of assets for trading, a very interesting system of statuses, and others.
And this "multitasking" of a brokerage is felt in its work and motivates you to be the same trader. My performance this year, when I traded with Olymp Trade, has increased in comparison with what it was last year, иut of course there's also my credit for that.
Date of experience: August 16, 2020
Hi, Jamar!
Thank you for sharing your thoughts and listing the advantages of our platform. Helping novice traders to grow and learn is as important as providing tools and additional privileges for experienced ones. We indeed provide a free educational base, a demo account useful for training and strategic planning. We also offer a broad variety of assets on the platform and encourage our traders to improve, for example, a Status system allows our traders to gain certain privileges by upgrading the account level.
We are astonished to know that you have made progress in comparison with your last year's result, we totally give you full credit for that. Have a productive trading!
Best regards, Olymp Trade team.
I have been trading with Olymp Trade not that long. So far, everything is fine, no problems have occurred. I chose this brokerage, because my friend was very positive about it. Recently, I had very bad luck with brokers. But I hope that everything will be fine with Olymp Trade, because I liked its trading conditions very much. I haven't tried all its features so far, but I really hope that there will be no "surprises".
Date of experience: September 16, 2020
Greetings!
Thank you for your honest feedback. We are happy to know that our traders recommend the platform to their friends. We will do as much as possible to meet your expectations. Feel free to contact us if you need more information. We wish you a successful trading!
Best regards, Olymp Trade team.
Actually, I guess that a lot of traders once face the issue when they can't find a proper broker which will suit their trading style, their mood and so on so forth. Unfortunately, recently I've faced such an issue and I've already spent lots of time on choosing the suitable broker for me.
Nevertheless, I was happy to meet this broke. This broker provides its traders with an opportunity to choose which style of tradin is the most convenient for each trader. There are two main types, fixed time trading and forex trading and I think it's very convenient for those, who are tired of forex trading and want to try something new.
Moreover, I want to note that there is a status system which affords many traders to stay comptetitve while they're trading. In my opinion, it's a very attractive feature of this broker, because you can stay competitive and this fact will always bring you lots of energy and motivation.
Date of experience: August 22, 2021
Hi there, Fakaruddin V.
We are glad that you find the Olymp Trade platform suitable for you. It is exciting that you appreciate the opportunity to choose a trading style that is most convenient for each trader. We are also inspired by the fact that our status system brings you lots of energy and motivation. Wish you lots of success!
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Best regards, Olymp Trade team.
You won't find conditions like Olymp Trade provide! First of all, of course, I look at the presence of the regulator, if you are an experienced trader, you have learned from experience to check it first. You can open an account from $10, and there are also bonuses and huge client support.
Date of experience: June 13, 2020
Thank you for the feedback, dear Emiliano! Have a prosperous trading. Best regards, Olymp trade team.
I understand what the broker has tried to achieve with this unique and engaging design and I applaud it but it has a long way to go. The broker would have to gain a lot more experience to truly perfect this design. I encourage it.
Date of experience: December 2, 2022
Hello, Anuman C.
Thank you so much for taking the time to leave us a 5-star rating - it is much appreciated! We, here at Olymp Trade, pay a lot of attention to the design of the platform. We believe that with a proper broker, a well-made design is critical. We understand that we have more to offer. That is why we always listen to users’ feedback for improvement.
Best regards, Olymp Trade team.
I heard that this broker has a reputation of a brokerage company for beginners. Those who spread this rumor explain it by the broker's reportedly primitive trading platform. It intrigued me. It's because I don't think that a trading platform should be necessarily complicated to be good. On the contrary, I had an opportunity to trade on quite simple custom platforms and it didn't make them bad. It's because the success depends not on the platform's functionality but on the correctness of the trader's market forecast.
I tried the Olymp web platform and it gave me a very positive impression. I appreciated the fact that the key elements are hidden and don't distract my attention from other things, while I can easily reach out to them once I need them.
Date of experience: November 16, 2021
Hi, Fardeen B!
Thank you for taking the time to share your feedback with us. We are pleased to provide our traders with a functional and intuitive platform. We believe that the platform should contain a minimalistic design. Since the absence of visual noise helps to focus on trading.
We are pleased to make a good impression on you. You have correctly noticed that success depends on your trading. For our part, we are glad to provide a comfortable tool for earning money.
Wish you lots of success!
Best regards, Olymp Trade team.
I started my Forex trading with another broker, but now I trade with Olymp Trade. The fact is that my previous broker was difficult for me and had high spreads and slippages. I had more bad emotions than money. I got tired of it and decided to change the broker. This is how I ended up with Olymp Trade.
I like the Olymp Trade Forex trading platform. It is very beautiful and very convenient. Really. I understand everything and have all the important functions. There are probably not very many indicators, but there are all types of indicators:
- Bill Williams;
- Trend indicators;
- Oscillators.
You can choose what will help make a good analysis.
One-click trading, fast order execution and most importantly - no spreads. That's cool)
Date of experience: July 28, 2021
Hello there, Elias!
Thank you for leaving a review. It is great that you enjoy the Olymp Trade platform. We are pleased to know py that you find it beautiful and convenient. It is wonderful that you appreciate the vast amount of available indicators. Wish you a prosperous trading!
Best regards, Olymp Trade team.
I appreciate the very idea of combining two opposite types of trading on one universal web platform. I need to click on just one button to switch between these types of trading. I find it extremely convenient.
Date of experience: December 22, 2020
Hi, Leonid!
Thank you for your feedback. We are thrilled to have you as part of our big community! It is great that you appreciate the opportunity to switch between Forex and FTT trading modes easily. It is essential for us that the platform is convenient and intuitive for our traders. Wish you a fruitful trading!
Best regards, Olymp Trade team.
I liked trading with Olymp Trade. It provides an ideal trading environment for those who want to not only trade, but also develop and overgrow themselves. The broker is perfect for beginners as well as for more experienced traders who know what to do and how to do it.
You will have reliable trading servers at your disposal, fast orders execution, and fast money withdrawal. It's cool that Olymp Trade understands exactly what traders need and provides them with this.
Date of experience: July 21, 2020
Hi, dear Guiseppe!
Thank you for such a warm review. Creating a convenient and functional environment for traders is essential for us. We help novice traders understand the platform and start making progress, and support experienced traders by providing all the necessary tools for trading and conducting regular webinars. Wishing you a prosperous trading!
Best regards, Olymp trade team.
I have started to work with the broker Olymp with a demo account. The broker supports customers greatly from the very beginning, no matter what kind of account you use. Besides, the broker's community is very active, too. So, traders are very willing to help and exchange ideas. I have looked through the networks for some advice and help.
Depositing and withdrawals systems are quick and have many instruments for depositing from and withdrawing to. The interface is user-friendly, but, probably, in the beginning, it was still confusing to understand how to trade. With some experience, I decided to turn to a real one. I started to trade from $100 and then got some profit and deposited more to play for higher stakes.
Date of experience: March 27, 2022
Hi there, Abdulaziz F!
Thanks for leaving us such a wonderful review. Our treasure collected over the years is definitely a community. We appreciate that traders from all over the world support each other and exchange their ideas.
It's great that your trade has already brought you fruits. We are glad to know that you are enjoying trading with us. Keep up the good work!
Best regards, Olymp Trade team.
Olymp Trade is the place where I trade already about a year from now. It was actually accidental that I made an account here.I think I was looking for a broker with diversified trading types and Olymp trade was one of those that popped up constantly. So it went from there.
Date of experience: December 22, 2022
Hi, dear Khoa M.
We are incredibly grateful that you took the time to leave us a 5-Star review. We offer 3 trading modes: Fixed Time Trades, Forex, and Stocks. We are glad that you trade with all 3 modes. Each mode has its own advantages and disadvantages, However, they share many similarities. For that, you can take advantage of it.
Keep up the good work!
Best regards, Olymp Trade team.
Right after I despited here I placed withdrawal on my account and olymp trade did not give me back my money for over a month, so I reported this case to JURIS RESOLVE.com, who saw to it that was refunded every penny that was owed to me by this company. Even till today they olymp trade denies everything which is sad.
Date of experience: January 18, 2024
Hi, Felix J.
We are informing you that we have sent a request to update the review by removing promotional content. The review promotes a third-party specialist and contains a link that is potentially harmful to SiteJabber visitors. Kindly take measures, otherwise, we will have to flag this review for removal.
Best regards, Olymp Trade team.
Yep, for more than 3 years, i do my investing successfully. I trade using metals and by following insights and assets do not get bad results. Preparation for a trading session with olymp's indicators and oscillators saves my time and gives more information.
Date of experience: May 12, 2022
Hi there, Shok M!
Thanks so much for sharing your experience with us. Preparation is indeed an important stage before entering the market. We are glad to hear that your trade is going well.
We wish you a lot of success!
Best regards, Olymp Trade team.
These guys did a really nice job in creating their own trading platform. As for me, I like it more than even mt4 just because of the fact that it is not overwhelmed with lots of different functions which I never use. Olymp trade platform is easy to understand and convenient to use. As for the functionality, it has everything that I need for proper analysis of the market including different indicators, oscillators and Fibs.
Date of experience: September 27, 2021
Hello dear, Faraz T!
Thanks so much for your positive feedback and good vibes. We are making the platform better with every update. We are adding new instruments to make trading with us easy and convenient for you.
Wish you lots of success.
Best regards, Olymp Trade team.
Olymp Trade is a great broker. I was invited by link by a friend and I was a bit skeptical at first. But you can open an account and check for yourself from $10 as min. So I didn't think about it for a long time. I opened an account and understood how much Olymp Trade is better than my old brokerage! Comfortable website, my favorite MT4 platform, and 24/7 client support. So now I trade with this broker and I'm very happy with its work. I've never regretted changing a broker :)
Date of experience: May 22, 2020
Hi, dear Albert!
We are really happy that you've changed your first impression to a positive one. We will continue making the platform better to keep you satisfied!
Best regards, Olymp trade team.
Ive never written reviews before because it seems to me that there is nothing more informative than your own experience, however recently i have read plent of reviews and thought that they could help new traders. As for olymp trad then i can state that this broker isn't bad at all.
It has drawbacks, but they are minor, for example leverage system substituted with multiplicators, nothing scary. Might be inconvenient. The conditions here are attractive enough.
Date of experience: April 6, 2022
Hi there, Taj K!
Thank you for your feedback. We are thrilled to have you as part of our big community! It's brilliant that traders share their experiences and impressions with each other. We are also glad to hear that you like the conditions on the platform.
We wish you prosperous trading!
Best regards, Olymp Trade team.
I get a lot of value from trading with this broker.
For starters, the broker keeps things very interesting. There are daily trading challenges that I complete to build up my experience points and level up my skill rank. Each new skill rank comes with a new lesson to be learned and also new perks.
Also, the trading tools a many. There is the profit line that indicates the breakeven point of trades. There are several other tools, advisers, and indicators that make trading for me with this broker easier.
Another reason I say I get a lot of value is the comfort that comes with fast deposit and withdrawal. The methods available are many and are made very convenient, usually even through local banks. Olymp has been a very quality broker.
Date of experience: August 30, 2022
Hello, dear Kien T.
Thanks for your trust. It means so much when our traders share their experiences. We are more than happy to know that Olymp Trade brings value to you.
We like to make trading interesting and learnable. That is why we create the experience point system. You can not only earn more benefits but also learn trading lessons. With a high XP, you can gain more skills and gain higher status. A higher status allows you to have more benefits from the platform as well.
Olymp Trade strives to provide the finest trading conditions for traders. Indicators, and trading tools are indispensable. We equip many gadgets so that users have more choices when designing their own trading strategy.
We do not want to hold you from trading or getting the gain. So Olymp Trade processes deposits and withdrawals as soon as possible. There are plenty of payment options for your own choice. Hence, we pay attention to every detail of the platform and operation. We are excited that our effort met your expectation.
Wish you a lot of success!
Best regards, Olymp Trade team.
I used to think that OlympTrade was a scam. But then I watched a video blog of a famous trader, who not only tells but also visually shows how you can make a fortune by trading with FTT. Well, he himself trades on the platform of Olymp Trade. Everything is real, guys.
Date of experience: February 15, 2022
Greetings, Ramon D!
Thank you for sharing. It's nice to know that your opinion about trading with us has changed. We are pleased to provide users with a reliable and decent tool for earning money.
We wish you a lot of success!
Best regards, Olymp Trade team.
From my little experience, Olympic Trade is one of the best trading platforms out there. When you register, you get $******* free for practice on your demo account; for your live account when you deposit $30 and above, you get a bonus but the minimum deposit is $10. There's an education segment, webinars you can join to learn and there are bunch of indicators for you to use to aid trading. You can trade with currency pairs, assets, indices and the likes and it's something everyone can learn.
NB: Trading is risky, it is advised that you don't trade with more than 25% of what you have.
Date of experience: May 20, 2019
Hi, Demini! Many thanks for your review! We are glad that you like our platform. We advise to trade with even less than 5% of your deposit (each trade). Have a succsessful trading!
Olymp Trade is an excellent broker for beginners as well as for more experienced and professional traders.
And it is not only about trading conditions, but also about education and the broker's approach to money. Because Olymp Trade is trying to show its clients that trading can be not just a hobby, but also a lifestyle))
Date of experience: August 24, 2020
Hello, Trieu L.
Seeing that you had a 5-star experience is the best thing we could hope for! Your review means a lot to us. We are glad that you appreciated our trading conditions, educational opportunities, and suitability for both beginning traders and the experienced ones. Trading is a lifestyle, we fully agree with you. Thank you for choosing the Olymp Trade platform.
Best regards, Olymp Trade team.
I like how the Olymp multiplier system works. It allows me to trade more actively throughout the day. It's because it greatly reduces the risk I take. I really don't risk a lot. With multipliers, you choose a fixed amount to invest in your trading position and you can't lose more than it. Moreover, you can adjust your risk by increasing or decreasing the multiplier value that acts as leverage.
When trading on Metatrader 4, you can't adjust leverage for each trade, but you probably take it for granted. You also invest the whole depo in your trade. Respectively, you can lose your deposit if the market goes against you and you forget to place stops. So, the multiplier system from this broker allows you to trade safer and more active.
Date of experience: February 15, 2021
Hi there, Akaki!
Thank you for leaving a review. We are glad that you are pleased with the Olymp Trade multiplier. It is great that you use it to reduce the risk and be more active throughout the day. Have a successful trading!
Best regards, Olymp Trade team.
I don't understand why everyone praises the simple Olymp Trade platform so much? Yes, it's convenient. But trading isn't the easiest thing to do. That's why I think it's worth artificially simplifying.
On the contrary, I'm glad that Olymp Trade has launched the MT4 platform. It's more complicated, but it provides much more professional tools for trading. For example, it contains more indicators and suitable Expert Advisors.
Date of experience: November 17, 2020
Hi, dear Awas.
Thank you for sharing your opinion with us. Trading indeed requires deep knowledge and the ability to conduct careful market analysis. It is a serious and complicated activity which is why we strive to make the platform's interface understandable and user-friendly. We are glad that you approve of the Olymp Trade MT4 addition. It is important to improve and evolve when it comes to new instruments and possibilities. Keep up the good work!
Best regards, Olymp Trade team.
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.
Hello, dear Thomas M.
Thank you for taking the time to leave a 5-star review. Indeed, our educational base is diverse, suitable for traders with different experiences and knowledge. We are glad that you left the worries behind, put your energy into trading and started making progress. Keep up the good work!
Best regards, Olymp Trade team.