OLYMP TRADE

Last updated: 2026-01-17

Olymp Trade is a trading and investment platform that provides its services to clients from all over the world. The Olymp Trade website has been operating since 2014. During this time, over 340,000 traders have registered on the online platform, and more than $20 million in profits have been paid out. Trading on the trading platform provides an opportunity to earn and receive up to 92% return on a single transaction when correctly predicting the rise or fall of the price of a trading instrument.

The trading platform is available as an online service and as an application for mobile phones and tablets running Android or iOS. OlympTrade offers convenient ways to deposit and withdraw money from your account: Visa/MasterCard cards; WebMoney, Neteller, Epayments, Skrill. Deposits are processed instantly; withdrawals take 1 day. Free training is available, as well as bonuses for depositing and trading cryptocurrencies: Bitcoin, Ethereum.

The company is regulated by FinaCom PLC (International Financial Commission), category A, according to whose rules all transactions are insured for $20,000 in case of disputes between the client and the Olymp Trade platform. The quality of transaction execution was certified and confirmed by Verify My Trade in September 2018. The weighted average quotes in the trading terminal come from the largest financial banks.

The olymptrade.com website has been translated into 6 other languages: English, Turkish, Spanish, and others. Registration with Olymp Trade is available to clients from most countries around the world. 

⚠️ Disclaimer (Educational Purpose & Risk Warning)

Trading Digital Options, CFDs, and leveraged financial instruments involves a high level of risk and may not be suitable for all investors. You can lose part or all of your invested capital. This content is provided for educational and informational purposes only and does not constitute investment advice. Always apply proper risk management and ensure you understand how the instruments work before trading.

Key Highlights

• Regulated broker with international dispute resolution
• Low minimum deposit suitable for developing markets
• Digital Options (Fixed Time Trades), Forex, CFDs
• Free demo account with real market conditions
• Educational materials and analytical tools
• Mobile and web trading platforms

What Is Olymp Trade?

Olymp Trade is an international online trading platform that provides access to Digital Options, Forex, and CFD trading. The company has been operating since 2014 and focuses primarily on traders from Asia, Africa, Latin America, and Eastern Europe, where accessibility and education are critical.

The broker appeared in 2014 and immediately began to experience “growing pains” in the form of refusals to pay traders, various unacceptable manipulations, etc. It should be added that this is standard practice for many newly established brokers. Even IQ Option, which I adore, was guilty of such “actions” in its early years.

OlympTrade has collected a lot of negative reviews and has even been blacklisted by this site. I think it’s hard to call my attitude towards this broker warm, but this is solely my opinion, and as you know, people are prone to making mistakes.

Many will ask, why write this article at all, let this broker continue to gather dust on the list of non-recommended brokers. The decisive factor in writing this article was OlympTrade’s victory in the “Best Binary Options Platform” category at the IRIA Awards, which means something, and there is hope that OlympTrade will improve its reputation and find its place among the best brokers in the future. 

Broker History

2014 — Saledo Global LLC launches the Olymp Trade broker. For more than a year, the platform develops gradually, slowly building its user base.

2016 — The beginning of a period of rapid growth in popularity, confirmed by the ShowFx award in the “Fastest-Growing Platform” category.

2017–2018 — The Olymp Trade trading platform launches Forex trading via MetaTrader 4 and receives industry awards:

• Financial Dealer — CPA Life Awards 2017;
• Most User-Friendly Trading Platform — The Forex Awards 2018.

2019 — Olymp Trade actively develops its proprietary web terminal and mobile applications. The main focus is placed on simplifying the interface, expanding educational materials, and attracting beginner traders from emerging markets.

2020 — Against the backdrop of growing interest in online trading, Olymp Trade expands its range of instruments and strengthens its educational direction. New training courses, webinars, and basic trading strategies are introduced. The platform adapts to increased user activity and higher system load.

2021 — The broker continues to develop its Forex and CFD trading offerings, improves analytical tools, and introduces additional risk management features. Particular attention is paid to mobile trading, as a significant share of users trade via smartphones.

2022 — Olymp Trade updates the platform’s user interface and expands the functionality of the demo account. The company places greater emphasis on transparency of trading conditions and on informing clients about risks associated with Digital Options and CFD trading.

2023 — The educational ecosystem continues to evolve: new learning materials are added, and the structure of the education and analytics sections is improved. The platform maintains its focus on international markets, including Asia, Africa, and Latin America.

2024–2025 — Olymp Trade positions itself as an educational and trading platform for users with different levels of experience. The main focus is on service stability, customer support, mobile applications, and adherence to self-regulatory standards through international organizations.

Regulation and Broker Legitimacy

Olymp Trade has been a Category A member of the International Financial Commission (FinaCom) since 2016. This independent organization provides dispute resolution and protects traders in case of proven broker misconduct.

Key regulatory safeguards:

• Compensation fund coverage up to €20,000 per claim
• Regular execution audits by VerifyMyTrade
• Transparent dispute handling mechanism

This regulatory framework does not eliminate trading risk but adds an additional layer of accountability, which is critical when evaluating Is Olymp Trade legit?

Legal information: Olymp Trade is an international company for trading and investing in financial markets. Addresses and registration numbers can be found on the official Olymp Trade website.

Regulation: Since 2016, the platform’s activities have been regulated by the international financial commission FinaCom PLC. You can contact them with complaints about the company, if any. The compensation fund is $20,000.

Contact information: To contact support, you can use email: support@olymptrade.com; phone: 8 800 555-45-62. An online consultant is also available.

All the necessary information about fixed time trades, how to trade them, financial issues, working with the trading platform, and verification issues is collected in the FAQ section.

We recommend that you familiarize yourself with this material, as it is presented in detail, which is necessary for those who are new to fixed time trades. You can also download a tutorial covering all aspects of trading on the Olymp Trade platform.

Training at Olymp Trade: the “Training” section of the website offers courses, video tutorials, webinar recordings, and trading strategies. 

Trading Conditions and Instruments

Minimum Deposit and Trade Size

• Minimum deposit: $10
• Minimum trade: $1
• No hidden commissions for Digital Options
• Forex trades include standard spreads and commissions

Available Assets

• Currency pairs (Forex)
• Commodities
• Global indices
• Stocks (during exchange hours)
• Cryptocurrencies (24/7, lower liquidity at night)
• ETFs

Olymp Trade trading platform

The Olymp Trade trading platform is a set of software and technical solutions for obtaining data on financial instruments for the purpose of conducting transactions. It operates on a web browser platform and does not require downloading to a computer.

The minimum deposit amount is $10, and the minimum amount for a single trade is $1. Before you start trading for real, you should practice on a demo account.

The Olymp Trade trading platform is very easy to use. In the settings, you can select trading instruments, a theme (light or dark), chart display (line or candlestick), and set indicators.

How to trade on Olymp Trade:

• Log in to the terminal.
• Select a currency pair.
• Set the expiration time.
• Specify the transaction amount. We recommend 1-2% of the deposit.
• Click “Higher” or “Lower” depending on the predicted movement of the financial instrument.

The Olymp Trade trading terminal offers two types of trading transactions (fixed time trade): classic and time.

Classic: you need to set a specific time until the end of the trade — 1 minute, 5 minutes, and so on. Set any time value, enter the amount, and select “Higher” or “Lower.” At the end of the trade, if your prediction is correct, the profit will be credited to your account.

Time: you need to set the exact time of the trade’s completion (time until expiration). For example, at 17:59, the trade will be closed.

The maximum possible return on a correct prediction depends on the financial instrument. For major currency pairs, it is 80% per trade.

Digital Options (Fixed Time Trades – FTT)

Olymp Trade offers Fixed Time Trades (FTT), a form of Digital Options trading. Traders forecast whether the price will go up or down within a fixed time period.

• Expiry: from 1 minute up to end of day
• Potential return: up to 92%, depending on asset liquidity
• Suitable for short-term strategies and technical analysis

The term binary option is used strictly in educational and regulatory contexts when discussing risks and historical regulation.

Traders can trade Fixed Time contracts. This is a standard way of trading Above/Below. To make a profit, you need to correctly predict where the price will go after opening a trade.

The broker’s platform also offers Forex trading. The trader pays a commission for opening a trade, and the amount of profit or loss depends on the price change. The trade has no time limit: it is closed at the trader’s request or when the balance reaches zero. Forex contracts are used with leverage of x5 and x10. This means that with a $10 bet, the trader can either earn or lose.

Forex and CFD Trading

Forex and CFD trading on Olymp Trade allows traders to:

• Use leverage x5 or x10
• Keep positions open without fixed expiry
• Apply advanced risk management strategies

Profit and loss depend entirely on market movement, not fixed payouts.

Account Types

Feature	Starter	Advanced	Expert
Minimum deposit	$0	$500	$2,000
Max profitability	Up to 82%	Up to 84%	Up to 92%
Risk-free trades	No	No	5% of deposit
Withdrawal speed	Up to 2 days	Up to 1 day	Few hours
Extra analytics & education	No	Yes	Yes (extended)

Clients are assigned one of the following account types: Starter, Advanced, Expert. The table below shows the trading features of each account.

Starter: minimum deposit 0; profitability up to 82%; risk-free trades: no; withdrawal speed up to 2 days; additional analytics and training: no.

Advanced: minimum deposit $500; profitability up to 84%; risk-free trades: no; withdrawal speed up to 1 day; additional analytics and training: available.

Expert: minimum deposit $2000; profitability up to 92%; risk-free trades: 5% of the first deposit; withdrawal speed: several hours; additional analytics and training: available.

The status is assigned for a period of 30 days. If after this period the trader does not top up the account or does not accumulate the required number of experience points through active trading, the status is downgraded by one level.

Olymp Trade Official Website, Login & Registration

• Olymp Trade official website is available in 19 languages

The website is available in 19 languages.

Before registering, traders can find out basic information about trading: terms and conditions, deposit methods, and company details. A 24/7 chat support service is also available.

To open an account, simply select a currency and confirm your email address, or log in via Apple, Facebook, or Google.

You can log in to the Olymp Trade trading platform after entering your username and password. Registered users have access not only to their personal account, but also to training and analytics.

• Olymp Trade registration requires email verification or social login

To register with Olymp Trade, go to the official website olymptrade.com and click “Start Trading.”

A registration form will appear. You can enter your email and password or log in via social networks: Google, Facebook, Twitter. We used the second method.

A registration form will appear. You can enter your email and password or log in via social networks: Google, Facebook, Twitter.

• Olymp Trade login provides access to the trading platform, education, and analytics

To log in to your Olymp Trade personal account, follow this link: olymptrade.com/cabinet.

The top menu contains the following sections: “Deposit,” “Withdraw,” “Operations,” “Trades,” “Profile,” and “Quotes.”

In the “Profile” section, you can change your personal data, set an avatar, confirm your email and phone number, and enable two-step verification for account security.

The “Trades” menu in your Olymp Trade personal account displays the history of all trading operations. You can filter by account type, date, and status.

The “Transactions” menu contains the history of deposits and withdrawals from your account.

You can also access your Olymp Trade personal account by clicking on the drop-down menu in the upper left corner.

• 24/7 customer support chat available before and after registration

Mobile app for iOS and Android

The app is designed for iOS and Android. It replicates the web terminal interface with some changes. For example, when working from a smartphone, you cannot place pending trades.

Today, mobile apps are important to many people. They are no exception for the financial market. Olymptrade gives customers the chance to trade using smartphone apps.

Olymptrade users can:

• Analyze the market and follow quotes;
• Open and close positions using various instruments;
• Manage accounts, deposit and withdraw money;
• Receive news and analytical materials.

Thus, Olymptrade mobile trading helps traders stay up to date with the market at all times. This makes trading flexible and fast.

Olymp Trade Bonuses

Traders who choose Olymptrade can expect ongoing Olymptrade bonuses. They also receive promotions and incentives for traders. These offers help increase trading capital and activity on the platform.

Among the popular offers is a welcome bonus for new customers. It provides additional funds for trading after registration. Traders can also receive bonuses for replenishing their accounts when depositing funds.

Reward options:

• For the first deposit — 100% of the amount deposited.
• For subsequent replenishments — up to 50%.
• Special offers with a promo code from the email newsletter. The number and attractiveness of promo codes depends on the duration and success of trading.
• For obtaining Expert status — two risk-free trades for 5% of the deposit amount.

The bonus does not need to be wagered, but it cannot be withdrawn. Earned profits are available at any time, but when you submit a withdrawal request, the bonus funds are canceled.

Olymptrade often holds Olymptrade promotions with valuable prizes. Traders can participate in tournaments and contests. This way, they can win cash prizes or gifts.

Thanks to Olymptrade bonuses and Olymptrade promotions, traders can increase their capital. They also receive additional benefits and rewards for their activity.

Demo Account

The Olymp Trade demo account provides:

• Virtual balance of 10,000 units
• Real-time market data
• Full access to indicators and tools

Ideal for beginners learning how to trade on Olymp Trade without financial risk.

Olymp Trade gives traders the opportunity to practice on a demo account. This allows them to train on a real platform without risk. On a demo account, you can test strategies and improve your skills.

You can test the Olymp Trade trading platform on a virtual account with a balance of 10,000 units, which can be restored at any time. The functions of the training account’s web terminal are no different from the platform when trading with real money.

Education and a demo account create a complete training program. It helps traders gain the knowledge and experience they need to trade successfully.

Trading Platform & Indicators

Platform Features

• Multiple chart types
• Technical indicators and drawing tools
• Asset filtering by profitability
• Dual-asset chart view
• Pending orders (web version)

Available indicators

Tools are divided into two categories: trend indicators and oscillators. The former include three types of moving averages, Parabolic, Donchian channel, Bollinger waves, and others. Oscillators: MACD, RSI, Stochastic, Awesome oscillator.

Training and analytics

Training. Immediately after registration, users gain access to the training section. It contains guides on how to use the trading platform, lessons on using indicators, and simple trading strategies. Useful material for beginners.

Free webinars with real-time trading are held regularly. Access to events is usually free. The main thing is to register on time. The webinar schedule is published on the website.

Analytics. Traders get access to an economic news calendar, asset reviews, and basic signals from the company’s experts. Owners of higher statuses receive additional training and analytical materials.

Deposits and Withdrawals

Deposit Methods

• Visa / Mastercard
• Skrill, Neteller, WebMoney
• Bitcoin and crypto wallets

Minimum deposit:

• $10 (cards & e-wallets)
• $40 (crypto)

You need to log into your personal account on the OlympTrade website and select the desired method in the “Deposit” section, keeping in mind the minimum limit of $10.

The following payment systems are available for depositing funds into your Olymp Trade account: NETELLER, Skrill, ePayments, Fasapay, Visa or MasterCard bank cards.

Depending on the amount deposited, the user will receive a welcome bonus. For example, when depositing $100 into OlympTrade, the bonus amount is 20%, and 120% will be credited to your personal account. The bonus cannot be withdrawn, but it can be used for trading and withdrawing profits. 

How to withdraw money from the OlympTrade platform

To withdraw money from your OlympTrade account, select “Withdraw.”

Money can only be transferred to the payment systems from which it was deposited. 

The maximum withdrawal time is 5 days. The minimum withdrawal amount is ($10, €10).

Withdrawals

• Minimum withdrawal: $10
• No internal fees
• Funds returned to the original payment method
• Identity verification may be required

Customer Support

• 24/7 live chat
• Email support
• Regional phone numbers (availability varies)

Olymp Trade customer care is known for fast response times, often under 2 minutes.

Comparative Table of Digital Options Competitor Brokers

Platform	Minimum Deposit (Local Currency)	Regulation	Key Features	Regulatory Risks
Olymp Trade	≈ 10–15 USD equivalent (e.g. ₦15,000 / ₹850 / ₱560 / R$50)	FinaCom (Category A)	demo account, indicators, education	no local license in many countries
IQ Option	≈ 10 USD equivalent (e.g. ₦15,000 / ₹850 / ₱560 / R$50)	CySEC (EU)	multiple instruments, CFDs	access restricted in some regions
Pocket Option	≈ 5 USD equivalent (e.g. ₦7,500 / ₹425 / ₱280 / R$25)	Offshore	low entry threshold	higher regulatory risks
ExpertOption	≈ 10 USD equivalent (e.g. ₦15,000 / ₹850 / ₱560 / R$50)	Offshore	simple interface	similar regulatory risks
Binomo	≈ 10 USD equivalent (e.g. ₦15,000 / ₹850 / ₱560 / R$50)	FinaCom	beginner-focused platform	conditions must be verified

Disadvantages of Olymp Trade

The broker’s disadvantages are mainly related to the trading platform, and some users may consider them far-fetched, but they are still worth mentioning:

• The early option sale feature only allows you to reduce losses, but not to return the amount invested, let alone earn money from the sale.
• “Floating” returns on assets. Returns may change after each completed transaction. Moreover, they can drop to 65% or rise to 80%.

Verified reviews of the Olymptrade broker in global markets

The reviews below are collected from publicly available platforms and are provided for educational and informational purposes only. Trading Digital Options involves financial risk and may not be suitable for all users.

Many note the convenient trading platform, good analytics, training opportunities, and small initial deposit.

The Olymptrade platform has earned the trust of traders. They note the quick assistance from technical support.
The reviews are mostly positive. They say that the platform’s interface is simple and intuitive. They also mention the wide selection of instruments and the ability to trade on different assets.

Traders also appreciate the educational materials and support from Olymptrade. The company’s employees quickly help to resolve issues.

Overall, the reviews confirm the high quality of Olymptrade’s services. The company has earned a reputation as a reliable and professional broker.

Daniel Mensah (Ghana) — 2024-08-28

Source: Google Reviews

“The demo account helped me understand how the platform works before using real funds. It’s useful for learning the basics at your own pace.”

Ayesha Khan (Pakistan) — 2024-08-06

Source: Google Reviews

“I mainly use the platform on my mobile phone. The interface is simple enough for beginners and not overloaded with features.”

Samuel Okoye (Nigeria) — 2024-09-25

Source: Trustpilot

“Customer support responds via chat when needed. That’s important when you’re still learning how Digital Options work.”

Carlos Méndez (Mexico) — 2024-10-23

Source: Google Reviews

“I started with small amounts and focus on basic risk management. The platform feels more suitable for learning than aggressive trading.”

Ahmed Hassan (Egypt) — 2024-12-01

Source: Google Reviews

“This is not a quick-income solution. You need to understand the risks and be disciplined, otherwise losses are possible.”

Olymp Trade — fraud, scam, or reliable broker?

I thought long and hard about what to write in my conclusion. My initial opinion was that this broker cannot be trusted under any circumstances, but the more I got to know it, the more my opinion changed. I was very impressed by the work the broker has done on its new trading platform — in my opinion, it is the most functional platform available at the moment. I also have no complaints about the Olymp Trade mobile app — everything is very convenient and stylish. And while at the beginning of 2018, Olymp Trade’s victory in the “Best Binary Options Platform” category at the IRIA Awards raised many questions for me, now I see that it was well deserved.

In addition, the broker operates very openly – the ability to contact the regulator is a clear indication of this. Well, everyone has to answer the question “Is it worth trading with this broker?” for themselves. If you are not “scared” by the broker’s shortcomings, then the choice is obvious. Well, for myself, I will note the fact that people can sometimes make mistakes, and I am a clear example of that.