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How to Withdraw Money From Olymp Trade?
Answers to the Main Questions Related to Funds Withdrawal
The Olymp Trade platform strives to meet the highest quality standards of carrying out financial transactions. What is more, we keep them simple and transparent.
The funds withdrawal rate has increased tenfold since the company was founded. Today, more than 90% of requests are processed during one trading day.
However, traders often have questions about the funds withdrawal process: which payment systems are available in their region or how they can speed up the withdrawal.
For this article, we collected the most frequently asked questions.
What Payment Methods Can I Use?
There is a unique list of payment and withdrawal methods available for every country. They can be grouped into:
- Bank cards.
- Digital wallets (Neteller, Skrill, etc.).
- Payment invoice generation in banks or special kiosks.
- Local banks (bank transfers).
For example, you can deposit and withdraw your funds from Olymp Trade in India using Visa/Mastercard bank cards or by creating a virtual card in the AstroPay system, as well as using e-wallets like Neteller, Skrill, WebMoney, FasaPay, GlobePay. Bitcoin transactions are also good to go.
Which Payment Methods Should I Use?
You can find the recommended methods in the Recommended section. In India, we recommend Olymp Trade customers use Visa and Mastercard bank cards, and also Skrill and Neteller e-wallets.
Pay your special attention to Skrill and Neteller as in these digital payment systems the process of funds withdrawal is carried out as quickly as possible.
Does Olymp Trade Charge for Funds Withdrawal?
If your broker ever charged you $50 for funds withdrawal, that was definitely not Olymp Trade. On the contrary, we use own funds to cover the commission amount.
However, note that some payment systems do charge their customers for depositing or withdrawing money. We recommend checking with your financial services provider in advance.
How Long Does It Take to Withdraw My Funds?
As mentioned above, we do our best to process your request in 24 hours. In most cases, funds are credited promptly after we have transferred them to your payment system.
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However, in case of emergency, the process of money withdrawal can last up to 5 days. It only happened a few times over the past year.
Why Bonuses Cannot Be Withdrawn?
Bonuses are the company funds, which traders can use over a limited time period. The bonuses are canceled after you make a withdrawal request so they cannot be withdrawn.
Can I Withdraw My Profit Made with Risk-free?
Risk-free trades is a special service for the company’s Expert traders. They protect the Fixed Time trade amount from loss. Having activated a risk-free trade, a trader uses its amount to open a trade and makes a forecast.
If the trader’s forecast is wrong, they receive the money back. If the forecast is correct, the profit can be withdrawn right after receiving.
By the way, risk-free trades are not the only privilege of having an Expert account on Olymp Trade. You can read about all benefits here .
Is There a Way to Quicken the Funds Withdrawal?
There are only three ways to withdraw funds from Olymp Trade faster:
- Firstly, you can become a Expert trader. Their requests for funds withdrawal are given top priority.
- Secondly, use the recommended payment methods like Skrill to withdraw your funds.
- Thirdly, each trader should pass verification in their user account or through a special mobile app.
Olymp Trade is a new dawn in the market of Fixed Time Trades. They have created a company that meets the highest requirements of our clients.
|Headquarters||James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines.|
|Support Number||357 25030996|
|Support Types||Chat, telephone, knowledge base, forum, contact form, e-mail|
|Languages||Russian, English, Portuguese, Spanish, Thai, Indonesian, Turkish|
|Trading Platform||Own development|
|Minimum 1st Deposit||$10|
|Minimum Trade Amount||1$/1€|
|Maximum Trade Amount||2000$/2000€ (for VIP 5000$)|
|Bonus||Up to 100% deposit|
|Payout||Up to 90%|
|Free Demo Account||Open Demo|
|Account Types||Demo, Olymp Trade Fixed Time Trades, Olymp Trade FOREX|
|Deposit Methods||Credit cards, debit cards, Qiwi, Skrill, Neteller, Yandex Money, Webmoney, Payments, FasaPay, etc.|
|Withdrawal Methods||Credit cards, debit cards, Qiwi, Skrill, Neteller, Yandex Money, Webmoney, Payments, FasaPay, etc.|
|Number of Assets||65+|
|Expiry Times||60 sec. – 3 hours|
|Types of Assets||Currency, Stocks, Indices, Commodities, unique asset Random, Cryptocurrency (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Bitcoin Gold, Ripple, Monero, Dash, Zcash, Ethereum Classic)|
|US Traders Allowed|
- 28 indicators are implemented to the platform
- Download the iOS mobile app
- Download the Android mobile app
Terms of trade with Olymp Trade
Olymp Trade has a license with FinaCom PLC. Broker provides a free demo account to everyone. You only need to register, and then you will get full access to the trading platform, with a balance of 10 000 virtual dollars. After demo practice, you will already be able to work confidently with a real deposit. The minimum deposit is 10 dollars. The minimal bet for Fixed Time Trades trading starts from 1 dollar. This is a great opportunity for beginners who want to learn about how to earn on the Fixed Time Trades.
For traders’ comfort, apart from online chat, where you can ask current questions to the support, there is a single phone number for quick connection to the managers. The company gives special consideration to the contact with a user.
The registered address of the company is: James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines.
Olymp trade (the real feedback from traders read below) actively operates in the market since 2020, considered to be one of the young, but promising resources among the competitors. It provides the services specifically for the broad audience, so all the materials are on a trader’s native language, so is the managers’ support. It eases the cooperation with Olymp support service (the real feedback from traders read below). The company takes it crucial to provide its user with available trading, so for the access to the market you will need just 10$ and you can not only try your intuition, but increase your capital by times. The chance to start getting the high earnings easily is what attracts traders to OlympTrade (find below the official website and references of real traders).
It’s very easy to open an account in OlympTrade. For this, you shall leave your data on the home page of the investment platform. Unlike other similar platforms, OlympTrade lets its customers check out the live trading with a demo-account. After the registration you get a demo-profile with a virtual account of $10000 (if you got for a dollar account). The demo-profile has a chart, which isn’t different from a real one, there are no limitations in platform operation and opening transactions.
OlympTrade Fixed Time Trades are not just an investment to some assets, the market may become for you the main primary source of revenue, bring you fair amount of money and totally change your life. For trading really to become more than just a fling for you, you shall build the work with it from the ground up, study Fixed Time Trades. Olymp Trade will be your real assistant here. There are quality reviews of indicators available on its official website, trading strategies, a wide range of webinars.
The Fixed Time Trades will be a simple and available Fixed Time Trades for your investments along with the trading platform (find the references about OlympTrade under the review). Needless to say don’t forget the specialized literature, complete professional trading trainings, which may be both, free and commercial. The company also constantly runs tournaments, free and commercial, VIP-tournaments, which let yout earn real cash and withdraw it (read the feedback about OlympTrade Fixed Time Trades after the platform review).
OlympTrade is happy to offer to its stock jobbers the whole range of Fixed Time Trades for the full-pledged trading. This company is one of the most effective trading platforms among the other similar ones offering investments to Fixed Time Trades in the market, but it has what it takes to make the work comfortable and highly-remunerative. The references about OlympTrade prove that we deal with an absolute leader of trading, which cares for providing its customers with all the services they need. Interestingly, the trading platform of OlympTrade (study the feedback about OlympTrade below) is an original development of a professional team and was positively pointed by the customers of this young promising company.
Here are all trading aspects considered, nothing extra, but essential services, which let you trade with OlympTrade quickly and easy. The developers created a smoothly running trading platform operating with no faults, where the further necessary Fixed Time Trades can be added easily depends on the customers’ needs. There are the quotations of the major investment banks used in the OlympTrade terminal, this allows to display here the average weighted value. With Olymp Trade account 2 types of transactions with Fixed Time Trades may be completed: for duration (1 minute to several hours) and for expiration time (at least 1 minute). Also the account Olymp Trade Forex is available, with it the purchase (up) and sell (down) transactions by current price with no limit for duration may be completed. At that here is no spread (or the difference between purchase and sell priced), but commission by transaction completion and for the position transfer on the next day.
The functional platforms will surprise you by simple operating principle, its interface is convenient, aspects clear to users with no trading experience and nice design developed for you to set your mind on trading with OlympTrade. The references in Internet about it are different but mostly positive, among the advantages the users point the terminal, rapid transactions, professional managers of the support. All this proves its commitment to the service. Traders choose OlympTrade – a young but ambitious company.
The trading terminal of OlympTrade can widely regarded as one of the most convenient and sophisticated solutions among those of other competitors. The platform contains hacks on the main services, along with a personal account available for a trader, current market situation information, reviews of indicators and strategies, articles of experts. Among the main advantages please note the available trading, quality customer support, a wide range of training materials, proprietary technologies of trading with OlympTrade, platform, designed specifically for players of any level of competence. It’s safe to say that trading with OlympTrade is a pleasure.
Olymp Trade broker quotations
The question about the broker quotations is one of the most popular ones by traders of any platform as they effect the trading efficiency, possibility of using various strategies here (for example scalping, where the decision shall be taken instantly and even the minimal asset price alterations will effect the job outcomes). The OlympTrade broker declares, that using quotations of big investment companies it publishes in the terminal their average-weighted value. So this information will certainly differ from MT4 data, but it’s displayed directly on the platform, asset values are equal for all traders and remain under the tab «Quotations».
OlympTrade terminal is one of the perfect and most functional products in the market. Starting your work with it’s a point to keep in mind the importance of quality Internet connection with the platform to stay connected with the broker servers and timely website information updates, including quotations. Otherwise you may be in red.
OlympTrade demo account
Another convenient Fixed Time Trades of the company is a chance to try in use a demo account, provided free and termless. Switched to a real account you will always be able to get back to demo trading in order to try a new strategy, trace the behavior of indicators. Training trade cannot be overstated, it lets you easily check out the operation principles of the real market, make your first transactions and become a more confident trader. The free demo account makes dealing with OlympTrade more gainful, the feedback of customers in Internet about the benefit of the training tradind is continuous, so you’d better not regard it casually, this is an instrument preparing you to your future trading wins.
The online platform of OlympTrade provides with a free demo-account anybody who wants to. All you need is to sign up and get the full access to the trading platform with the balance of 10,000 virtual dollars after. After demo training you will be able to work with the real deposit masterfully. The minimal deposit is equal to 10$ (10 euro). The stake in Fixed Time Trades of OlympTrade starts from 1 dollar and euro as applicable. This is a perfect chance for novice traders longing to cash in on Fixed Time Trades. The demo account is a great virtue for novice traders. Unlike in other companies, you can manage the demo account along with the main one and switch with a special link Fixed Time Trades.
OlympTrade account manager for VIP
The broker offers the entire system of benefits for traders with VIP-accounts. With such a status trading becomes more effective and profitable.
- Personal counseling of a VIP-analyst;
- Excess return from transactions from 82% to 90% on currency pairs (6 assets with high percentage warranted: 2 by 84%, 2 by 87%, 2 by 90%);
- Shares with the maximal profit percentage by two assets 92%;
- Risk free transactions;
- Exclusive VIP-webinars.
For a trader with no trading experience in financial markets a VIP-account may be a sensible approach! All you need to become a VIP-trader is to refill the balance for the sum from 2000 USD/2000 euro.
One additional point merits mention is OlympTrade account manager support for VIPs. Such a manager will be a true friend for a customer since he will help him to get answers on any questions, advice a strategy for executing transactions, money management optimization. One can say his duty is entirely follow the user’s trading making his work effective.
OlympTrade mobile applications
Please note also OlympTrade mobile applications (iOS/Android) making the comfortable Fixed Time Trades trading possible at any time worldwide. It does not matter now where you are, the application will be always with you on your smartphone. The terminal contains all the Fixed Time Trades we need to execute comfortable and functional trading on your phone.
To set up a mobile platform to your device you need just to find a button with an operational system of your smart phone and press it to download the terminal.
Olymp Trade bonuses
The bonuses at OlympTrade are a great addition to the overall picture. The bonuses may be used for trading and the profit from them may be withdrawn without any problem. You don’t have to work the bonus means out, this is very convenient for the company customers. Most Fixed Time Trades brokers, by contrast, offer bonuses with trading turnover of 50 times or more, which is not realistic for beginners with a small deposit and a lack of experience and working strategies.
OlympTrade developed a hefty base of training materials available under the tab «Training». Here are references, strategies, reviews of indicators, webinars with merely practical advices from the market professionals. More than 90 thousand new users have been given a free course. The platform for trading in financial markets also offers a variety of bonus programs.
Deposits and withdrawal
Commission-free proposed withdrawal: the company itself pays all fees for withdrawal. Opening an account with Olymp Trade is easy and only takes a few minutes. The withdrawal is always to be transferred to the banking details the trader used to refill in his deposit (for the purpose of his data security). The availability or lack of the completed verification procedure doesn’t effect the withdrawal, so you can take your money off the deposit even with no account verified. However, the trader can be verified on his own initiative or being asked by the company experts.
For the future withdrawal of funds on the same card or electronic payment system that was used for making account deposits, a verification of the personal account is required. The Olymp Trade broker works with major payment systems such as Credit cards, debit cards, Qiwi, Skrill, Neteller, Yandex Money, Webmoney, Payments, FasaPay, etc. Note that they greatly simplified the procedure for withdrawal in comparison with other brokers.
Rapid and smooth transactions are one of the main indicators of the reliability and decency of investment platforms. OlympTrade (read below the feedback about withdrawal) being a solid company does its best for the capital transfer to be as soon as possible. In order to withdraw the funds a trader shall sing in his personal account, leave a quick request under the tab «withdraw». You can find many comments on OlympTrade in Internet: if they withdraw the money, how quick does it happen, what issues come up by withdrawal. After a close look to the comments of the company customers we answer positively: the company organized its withdrawal process well enough, the users say that the funds hit the account quick and with no problem.
How quick the transactions are executed by OlympTrade? The comments on the withdrawal clear more often than not, that the transactions happen within 24 hours, but may be longer – up to five banking days. And yet the company declares on its resource that it does its best for the profit withdrawal process to be quicker. Please note that OlympTrade (see the comments on withdrawal below) is one of the major companies in the market focused on the long lasting relationship with traders and doing everything for trading to be not merely comfortable but also gainful.
Complaints against OlympTrade
Searching for complaints in the depths of the Internet, we found a few negative reviews, but they were insignificant in terms of the problems encountered by users of the broker.
If we find complaints about Olymptrade, we will post it on social media. Follow us to be well informed:
Olymp Trade broker regulator
This regulated broker provides a high level of service and protection to clients. Olymp Trade the broker is regulated by FinaCom PLC., has a certificate of A category, this makes dealing with the company safe and secure for traders. The trading platform secures for its customers the insurance coverage of $20 000 for each transaction in case of dispute resolution between the trader and the developer in the former’s favor. Besides, Olymp Trade passed the certification for transactions completion quality under the procedure approved by independent service Verify My Trade, you can also read about on the website FinaCom.
However traders are often confused by the fact of the company registration in offshore zone, they conclude that it doesn’t let them deal with the legal issues seeking equitable relief in questionable matters. Broker’s managers so reply on these complaints: the company registration shouldn’t confuse the customers as it’s focused more on the convenient interaction with traders from different countries as the platform is international. As for the legal issues resolution, here the operator’s activity entirely goes along with the regulator – international Financial Commission. This financial body deals with the matters of traders quickly securing the protection of their transactions.
OlympTrade user agreement
Starting cooperation with any broker you shall study the «User agreement», with the description of the rules of the system operation, obligations and rights of a trader and an operator. The paragraphs of this document are often absolutely not profitable for a customer and complicate his collaboration with the broker. However, even if you didn’t study it, starting trading on the platform you agree with its paragraphs automatically. As for OlympTrade, here are such «seamy sides», too, which will fairly cause you a series of questions.
For instance, in the paragraph «Proper law» there is a clause about the complaints of the customer left against the broker to be considered in the court of the country where the broker was registered, and these are Seychelles, which is extremely inconvenient for users, especially those not speaking the foreign language. Apart from this, the above mentioned paragraph no protest may be filed, as in the next clause the customers agrees, that he will not put in claims the legal arguments venue, despite of him feeling not comfortable about.
Or another document clause, in which it is said that the company doesn’t bear the responsibility for the technical failures and breaks in the trading terminal operation caused by hacker attacks etc. Which means a customer, who run up losses through no fault of his, is left alone with this problem. Same relates to losses caused by use of the broker’s analytical materials.
There was another condition proving that the company can change he trading conditions at will: cut off assets, decrease payout percentage etc. If this clause was inserted to «pull the plug on» effective traders doesn’t matter now. When a scandal flushed around it and customers started to increasingly say on forums that OlympTrade is a confidence game and a scam, it was altered.
Is OlympTrade a scam?
One of the actual questions on the numerous forums in Internet is, if OlympTrade is a fraud and a scam or a really reliable platform delivering on its obligations before users and granting a chance to make profit? There is a lot of scam sites in Internet, we get complaints of traders on such companies on the regular basis, they use various ways to beguile traders: managers stop being in touch right after the real money transfer, withdrawal issues come up.
So the traders want to be sure that OlympTrade is not a scam artist, but a reliable company providing the whole trading service package to its customer. After a close look at many market fraudsters, we can assure you that OlympTrade is not a fakery, but a reliable trading platform with the regulation and image. It doesn’t go missing, its support managers are happy to answer all your questions, the company’s website operates smoothly, with no widespread negative and problems.
Youtube bloggers about OlympTrade
OlympTrade became popular in the world largely due to the exit of a major broker IQ Option from the markets of some countries. This platform run too active advertizing campaigns, including those on Youtube. After this broker exited from the market the majority of its customers had to switch to OlympTrading platform. «Would-be advertisers» promoting IQ Option capacities in Internet needed a new broker to get a stable income. So they switched their attention to OlympTrade, and the advert with it started to widely appear in Internet.
Especially many adverts about broker appeared on Youtube. Extremely popular the video clips of «Trader-rapper», «Trader from Rublyovka» and even of a girl in a lingerie, hot upon a topic of OlympTrade she fabulously gains with. Such «professionals» advised to the market players «safe strategies», unique techniques allegedly securing incredible incomes from investments. Interestingly, that traders trusted them. But you’d better be careful using the anecdotal evidence, as there may be an inexperienced trader or even a teenager addressing to you from the other side of the screen, constituting himself a true «clever fellow» and being just a flimflammer instead. More often than not the strategies presented by «youtube trading gooroos» won’t bring you money and even may cause the capital lose.
There are many negative references about the broker appearing recently in the internet, so everyone wonders what is OlympTrade – a scam or a company to trust? Users complaint it to offer the incorrect quotations in the terminal, doesn’t let your money to be withdrawn etc. Using «safe trading techniques» offered in the latest youtube video clip, traders lose their money. What remains to be done? Just leave the negative feedback about OlympTradde, that it’s the broker leaked their deposit, that it’s the platform cheating them and so on.
Investment online platform OlympTrade is quite different from a typical representative of the financial industry, but this is an advantage. Olymp Trade offers its users over 65 Fixed Time Trades to work with, the trading on its platform is pretty much gainf. This international platform for online trading is fairly profitable.
Trading will be much better and more effective if all possibilities for the professional conduct of trading are met. An easy interactive form of learning, a minimum deposit of only 10 dollars, an independently developed trading platform, excellent customer support, the ability to trade 24/5 (cryptocurrency trading on weekend), and fast withdrawals without any problems make the Olymp Trade a very good candidate for the title of one of the best brokers in the world.
Due to the relatively large choice of timeframes, you can conduct both fundamental and technical analyses. You can use a variety of techniques and strategies to trade on the news and market volatility through short Fixed Time Trades. Also, you can use the analytical section on the site to explore price movement, using various indicators of the analysis. In general, the OlympTrade broker has created a good foundation for a comfortable first acquaintance with the world of trading for beginners; based on the level of quality of all aspects of the company, we feel that trading platform has the potential to develop into one of the leading brokers in the market.
IT-product Olymptrade.com is controlled by the company:
- James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines.
- The company Wallfort Limited works as an agent; registration number HE364695, address: KPMG Center, 1-st floor, 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus.
For me, a huge advantage of options has always been a low entry barrier and it’s quite low in this company, just $ 10. The remaining advantages can include an extensive range of options, rather quick withdrawal, and of the ability to replenish and withdraw money through the most popular electronic payment systems.
Agree, low entry barrier and simplicity of deposit making are very important, especially for the newcomers. I had some experience when I came to trade with Olymp Trade, that is why I started with 500 dollars, making a deposit with the card in order to withdraw later also to the card. Anyway, the money is accepted almost immediately when depositing and you can start trading right away. Personally for me the main advantage of Olymp Trade this is great consistent work of the platform. The result depends on it – when my system makes a clear signal, I can be sure, that eventually, I will make a profit, and not lose it because of the slippages and other surprises sometimes made by not very good brokers.
i think and i’ve the strongest feeling that olymp trade trading platform is rigged and manipulated to cause you to lose your trades. i’ve been trading on its platform since feb and i’ve lost 3 big trades due to its buffering/frozen platform, “restart now” instructions and not to mention confirmation of trading pop-up during critical stage of my trading. as a result, i lost big; $2,000+ the 1st time, $600+ the 2nd time, and yesterday, another $1,200+. the 1st time, i was about to enter my 8th trade to win the trade, the platform buffered and showed the little circles swirling for about 10-15 seconds. by the time, the buffering stopped, it was too late to enter the 8th trade, and i lost the series of trade amounting $2,000+. the 2nd time, i was on my 7th trade, and the screen asked me to “restart now”. i pushed the “restart now” icon once then, it appeared again. i pressed it again but by the time i had my trading platform back, it was too late to enter the 7th trade, and i lost $600+. the 3rd time yesterday evening, i was onto my 5th trade, the confirmation to trade pop-up appeared twice, when it wasn’t supposed to be because i’m a vip member and have chosen a one-click trading option. when i clicked the pop-up trading confirmation, it was too late and the trades were lost. each time it happened, i’ve complained to olymp trade. no answers or explanations given. i’ve asked for a refund on all these trading losses. they’re yet to reply me. all i got was auto-emails saying “thank you for your complain or request and we’ll answer you in 4 hours” and “your request is being looked into by our technical department”. so, what’s my recourse? how or where can i take this further?
Please send us an email to [email protected] . We will look into your case and try to solve this issue. You can also get in touch with our support team via online chat which is available on our website.
I recommend that you measure the ping from you to the broker’s server, if the ping is high that means you have slow internet and the reason is just this. Another reason the Internet can slow down is because of the firewall, or the antivirus is slowing down the process. Add the browser to the antivirus exception, the browser through which you trade, and add the firewall to the exception of the broker. Once I had an instance when windows itself was lagging, when I reinstalled it, it turned out that half of the RAM memory was lost due to a breakdown. In any case, during trading check the loading of the RAM and the processor. The PC should also be checked for viruses. In actuality, there can be many different reasons why the terminal can be slowed down. Last but not least it could be the broker’s problems. In any case – write to support, let them check out what’s lagging and what’s the reason.
Strange, I’ve never had any troubles with the platform – not once for almost 2 years. It works just perfect, no delays or any other issues… Are you sure your PC and Internet cinnection are OK?
Of course, ideally, the orders should be executed in a matter of moments, and the platform should be constantly available, but things happen. So far it’s all fine, but I realize there might be times when I would unclonsciously close a deal in the red. That’s what money management is for. In fact, I’d never try to open a deal for $1000-2000 without a deposit of at least $100 000. If you’ve got such a deposit, then my apologies, you’ve done everything right. But then these several orders are nothing but an error to you, they shouldn’t affect the overall result, as I believe.
I’ve never related to brokers as to something serious, but because forex got dull I decided to try out this one. First I had two weeks of demo and a short training course, then switched to a real account. The real didn’t go so smoothly, must have been the psychology that got in the way and I started making mistakes, but I gathered myself together and was able to make my first 10 bucks, must have been the training, that I got here had started showing its result. At first I couldn’t find my asset, since there are so many of them here, everything from stocks to regular currencies, many have high profitability. I finally chose euro and pound, they’re afterall the most volatile and are great for trading on short TF. In a nutshell, I got pulled into these binaries, I don’t trade on forex now hardly ever, spend all my time on BO. For me personally it’s easier to make $100 here than it is on forex.
I’ve been trading with this broker for over a year, since then I’ve withdrawn more money than I’ve deposited on it’s account. Have contacted support only to ask some questions. I have no complaints about the broker.
The worst thing that olymptrade does not want their traders to win is the return reduction when an asset is overbought or oversold and the doji appears the asset’s return decreases from 80% to 10% which is the act of scam so be careful and don’t trade with them until they did not fix that
yes so true . they manipulate candels
The company first blocked my account saying that I had use the platform with Hidden ip address by using an anonymize software, which is not true, I gave all verification documents they requested and then once provide, they would ask more silly things…The only reason the blocked is because after months I had a profitable account, and then once I proved them that there was not faults and the ip were real they told they I trade from different countries and therefor that was not allowed. keep in mind there is not such thing in the general rules
They did same with me
I started trading with the broker recently, first tested it on a demo account, when I saw that it’s all satisfying – I switched to testing the broker on a real account. A few more weeks of testing with a smaller sum, if all is well, and I’m sure it will be, then I intend to open a vip account here.
Everything is ok with the platform, I’ve been trading with them for a little over a year, there haven’t been any fallthroughs since then, everything works very smoothly and stablily. And in terms of their support, I can’t really say anything, because I’ve only contacted them a few times, and have gotten standard responses, haven’t noticed anything unusual.
Good day sir, pls i av been trying to register on your platform for real trading,
but i could not make deposit. kindly help
I registered and it`s really easy – you need to sight up by email and phone number. They have good support team – try to ask them, if you still have troubles
I am unable to login
Hi I m from India.
Please suggest me how to deposit the amount
Don’t deposit they make fraud and block after winning
Is auto trade option available? Also is a broker assigned
The trading goes well and the platform is convenient and fast. There are many of various assets. There is even one that the broker created itself. I’ve only traded it a couple of times cause I’m not that good with cryptocurrencies. All in all, I think it’s a good company.
helloi am trader at olymptrade my id is 21407563
i wwaiting my withdrawal since 7 days ago not yet finish when he paid the withdaral i will said here he willl paid ..please do fair sir .sorry my english weaknes
vivi novia, you’ve got a strange id, it’s displayed in a different way for me. I guess, you’ve either confused something, or done something wrong. I’ve been trading by this broker for a long time and I’ve never had any problems with withdrawals. The whole process takes up to 3 days tops till I receive the money, and the withdrawal itself usually happens on the same day. What did the support team tell you?
please admin olymptrade paid my withdrawal ..and i will said here with true you paid or not ..
I’ve tried trading different assets on this platform, like eth and btc – the profitability is good, usually about 80%, the terminal works without any problems and opens deals straight away, even when on the news. The support is also okay, I spoke to them a couple of times, they helped me solve my problems.
like working with this company. Here all at level, and there are no delays on payments, still very pleased with the early, thank you
I’ll share my experience and hope that it’ll be interesting and useful…
The broker has the main currency pairs, gold, silver and oil. There’s also cryptocurrencies – about 10 kinds (if I rememebr correctly, I might be mistaken), which let you work even on weekends, when stock exchanges are closed. There’s CFD, shares and so on, I don’t know. I mostly trade cryptocurrency and forex.
Also, the broker offers bonuses from 10 to 50% of the deposit sum, moreover, it’s doesn’t stop you from withdrawing money.
100% this broker is scammer
La compagnia è eccellente In termini di collaborazione con lui in generale, nessun problema: tutto funziona bene. Inoltre, il denaro viene sempre ritirato quasi immediatamente, cosa che non può che rallegrarsi.
I have no questions to the broker’s work. While the results of the work are really quite positive, and working with the broker was really convenient.
Ich bin sehr zufrieden mit dem Makler. Bis jetzt keine Probleme in Bezug auf die Arbeit, nein – der Makler ist ziemlich glücklich mit mir. Geld wurde ohne Probleme zurückgezogen.
its a scam. please do not invest in olymp trade. i lost my 25000 Rs. when i play with demo account i always win but when i play with my real account i lost. its a scripted site.
The reviewing sites never give bad impression to such platforms. Do you know why? They get a fancy commission for making people register. I mean the affiliate things.
Expertoption is excellent. Concerning work with him, only positive feedback. In fact, the broker left a pretty good impression.
I didn’t notice any serious lags during traditional trading, only during the news release there might be a slight delay, which is actually understandable. Their web-platform uses resources of the browser, in which the website is open. If the browser works well with other websites, then there won’t be any problems with trading. The platform is very convenient by the way. That’s why I opened an account in OLYMP. All the deals are automatically limited by StopLoss orders (I work with forex). I would also like to trade on indices too, but they’re not on the forex list of assets. I hope they’ll add them soon.
Didn’t pay attention to thi broker earlier as I don’t deal with binary options. However, a couple of months ago I got to know that Olymp also offers Forex trading. The deposit is small, I tried and enjoyed it. First of all, the platform is very convenient. Each element is at its very place, trading is easy. Order is limited at start which is very important for me, as i do n intradaytrading and scalping sometimes. Didn’t noticed any freezes. Charts are relevant to the market, no spikes at all, money is withdrawn within a day. Everything is OK.
olymp just blocked my account for wrong password inputted, i forgot my password.
how can rectify my account please..
The minimum deposit is not large, sure, but let’s not forget that the minimum withdrawal amount is also $10, and it’s problematic to make 100% profit with small deposit. For me, In any case, because I prefer forex to binary options. It’s really comfortable to trade on forex on Olymp, actually. The floating commission is a little inconvenient. I’d prefer to see the spread, as on the usual MT4. The visible expansion of the spread indicates the nervousness of the market and is a signal of alarm, for example, during news or in case of a sudden event. The more the change, the more important the event is. On the other hand, spreads are more important to scalpers, who I’m not.
That’s right. But I’d like to remind you that small deposits mean small profits, and that’s why you might be tempted to make more deals and invest all your deposit with a short expiration time. If you don’t become obsessed and act with caution (I limit my bet to the 1/3 of my deposit, tops), then you might make a couple of profitable deals. You can get up to +50% to your deposit, based on my experience.
I haven’t read any reviews about this company, neither positive nor negative. I studied the working conditions on my own and realized that this was the right broker for me. The rules are simple, no obscure or hidden conditions. The process of trading is also simple, the platform is easy to understand. I am not a pro in trading, so all sorts of tips on indicators help me, they are available in the application.
i registered with the demo accounts and now planning to register with the live account and wants to find out if this platform is not about scamming but real to trade with cos am scared to loose my money
i wants to deposit money to my olymp account by my debit card but can’t .
The platform is convenient, all indicators are available. There is even some automation; when placing orders on forex, the risk is limited, but for full access to this mechanism it is necessary to select all items of additional services in the profile. I’d like the screen not to be divided into several charts. Switching between them is not always very convenient. But the set of indicators is transferred from one chart to another automatically. It’s convenient. I haven’t had any problems with funds withdrawal yet.
I have the most positive impressions about Olymp Trade. They’re always honest in paying money to many payment systems according to the application for withdrawal. There’re quite a lot of Investment tools. 19 of them are the tools for technical analysis. investment assortment is also quite large . Stocks, currency pairs, metals, there’s even cryptocurrency. there’re No spreads and deals are quickly closed. Everything is ok in fact. I’m pleased with their stability so far. There’ve been no failures on the platform over the last two years. My score is the maximum!
I trade only cryptocurrencies on the Olymp Trade online investment platform. I use the strategy of scalping or trading on the news. Olymp Trade is suitable for such purposes, since they do not have the concept of spread and deals are closed immediately. There is also a convenient news feed, which ranks news by release date and importance. I read news and always bet against the market. I will not boast about the results as I’ve just registered. There are no problems with payments. I withdraw money to the mastercard. For 24 hours the money is already there. I trade heremyself and recommend that to others!
I noticed that Olymp Trade has very democratic requirements to those, who want to get VIP status. 2000 dollars – this is less, than the majority of brokers offers. In common, in order to become VIP on forex you need to invest 10-20 thousand, and sometimes even 100K. And with VIP status on Olymp, we can payouts rate up to 90%, which is also one of the most profitable offers. I was looking for different brokers, who could offer better conditions, but seems like Olymp Trade is the best offer on the market.
100% bonus – this is an awesome addition to the beneficial trading conditions (80% profitability, deposit without commission). Now Olymp Trade has better trading conditions than competitors. Besides, there are many assets to trade. If they have competitions on demo with real prizes, Olymp would be off the charts.
God will surely punish this people call olymp, they are nothing but real criminals and fraudsters,i loss all my money in this useless platform, even the $10 i requested to withdraw since on the 16th of April 2020, up till now 14th of May, i’ve not been able to get back the money and they are there talking rubbish,all this fraudulent wealth that you guys has accumulated from innocent people, you will not live enjoy them. Please if you don’t want loss your money, don’t put your money here, they are not real, they are scam,fraudsters and digital criminals.
scam, criminals and fraudsters you guys are, olymp you make me loss all my savings, may you loss all your evil wealth
Basically, I’m satisfied with my collaboration with Olymp Trade. My luck that back in the past I began my path to the financial markets exactly with options. I’ve been in business for a long time already, but it’s not until recently that I started considering investments at the financial markets as a good idea. As this is all new for me, I wanted to start with something simple, trying to choose between Forex and options… finally I chose options, and I don’t regret it.
That’s good that I chose Olymp Trade. With this company, I managed to not only open an account but also to undergo some real training. Owing to that, now I know how the currency and stock markets work. At present, I’m already trading with a real account, using several trading strategies. So far with mixed success, but then it’s all new experience. At least, on average I don’t lose money, though they warned me that at first the losses will be prevailing. I guess I’m off to a good start, and the only way is up, as the saying goes! It is important to learn new ways of getting income even if there is no lack of money. Growth is essential!
I believe the Olymp Trade platform is one of the best in its segment. I read somewhere that it has been developed specifically for Olymp Trade. So while the majority of brokers use the same common platforms, this one is original. I really like working with it – it’s very simple so I figured it out in just about a minute, and yet it contains all that needed for trading and analysis. Besides that, I’d like to note that the terminal works really fast. I used to trade with other brokers, and their platforms would drive me nuts with constant bugs and delays, even though my Internet was quite OK! My luck that those delays didn’t affect the trade, but anyway it was annoying. In contrast, the Olymp Trade platform has never had any delays, which makes trading all the more comfortable.
this broker manipulates candels and times!
How did you determine that? I’m wondering because I was comparing Olymp Trade quotes with other reputable portals by myself, and I saw the video with similar research on Youtube – no one noticed any manipulation.
all the good comments are written by olymp employees!
There is a huge difference between employees and partners. In my opinion broker’s clients are highly interested in broker’s well-being because this increases the stability of the company and therefore – safety of their own funds. Myself I always try to remember leaving nice reviews about companies I work with. Good broker is also interested in well-being of their clients. They get commissions and the longer a trader is profitable, the more commissions broker can yield from this customer’s activities on the market. IMHO Olymp Trade belongs exactly to this type of brokers and is interested in mutually beneficial partnership with clients. This is the reason there are many nice reviews.
I’ve just completed the first withdrawal from Olymp, so feel comfortable now to write a review. I ordered the money the day before yesterday 8 PM, funds arrived yesterday 3PM. Not an instant transfer but not bad at all. Overall impression from the platform and service is good. Support team is helpful and professional, orders get executed fast and at the price I want them to be executed at. Miracles don’t happen and there is no magic “get me some money” button in their platform and you need to work really hard and be patient enough to get some profits. I’m ok with that and I definitely suggest you try OLymp for yourself
I am new to markets and so far I only trade in a demo mode. However, I funded my account already with the minimum amount of $10 to be able to proceed to live trading when I’m ready. Most importantly, in just a few weeks I managed with the help of Olymp’s educational resources understand the basic principles of price formations and my trading results get better each week.
Well, I can’t say to much about Olymp, but I think it’s quite reliable place to trade. I can’t say that brokerage service is perfection, I can’t find some points that may be improved, however I don’t know broker that is much better. My opinion is quite simple – Olymp is good option if you want reliable broker and don’t want to care about security of your funds. There is two main reasons – reputation and Finacom membership. If broker will take some unfair actions, you will get refund from Finacom. On the other hand, I don’t like the fact, that Olymp do everything to help Newbies, as this things distract me and grabb my attention from trading. So you decide
Olymp Trade has a license with FinaCom PLC and that’s one of the main advantages, as on my own. That’s really working feature and finacom is guide reputable company to be trusted. Olymp Trade has many other advantages, but that’s the most important. In practice, that means that company is really regulated and you will be really compensated. That’s unique advantage of this broker. There are also other advantages, but they aren’t unique. I mean native trading platform, educational opportunitites and official traders’ community. I think that Olymp is one of the best brokers you can choose.
My account not reoppan
Do not waste time and immediately contact the olymp technical support there is always someone on the phone. And if there is a problem with your browser, then clean the cookies and everything will work again!
Olymptrade customer care number 6294391642 all pending payment refund soon all pending payment refund soon all pending payment refund soon all pending
It seems to me that anyone can get used to Olympus. That’s because this broker has an unlimited demo, which allows you to practice each strategy and learn any approach at all, without risking your own money.
I’m trading with Olymp Trade for a long time and it’s really good. A lot of assets, quick withdrawals and a lot of indicators to apply in trading. However, I’ll prefer trading with Metatrader 4. Olymp trade is good in all regards and I don’t want to change it, but I heard that there’s way to use MT4 and combine it with Olymp Trade. If someone know how to do so – pls, let me know.
Yes, they’ve launched the support of MetaTrader this year. You can find it at the official website and you’ll have to get separate credentials for it. This is easy and takes a minute only.
Digital Options With Olymp Trade – Online Trading Made Simple
You’re reading Entrepreneur South Africa, an international franchise of Entrepreneur Media.
Innovation in trading – is gain without pain possible?
In our modern age, trading has helped a lot of people earn handsomely. However, originally it was a complex exercise, involving a considerable investment of time and financial resources to understand the market. That has restricted its acceptance among people who wish to trade but have a busy schedule and limited budget.
The problem seems to have been solved to a great extent with digital options – a special form of a financial instrument. While it requires relatively less time to learn, it also reduces the risk exposure, which accounts for the growing popularity of digital options.
With this type of trading, your investment amount doesn’t have to be equal to the underlying asset’s market price. So, even if the minimum price of a stock index unit is $100, you can take an exposure of just $1 on this.
A platform, which has achieved loyalty of over 16 mln. customers, despite being a late market entrant, is Olymp Trade. The company provides particular ease of use and a comprehensive educational kit, so we will use this example to explain how digital options work.
Olymp Trade – a closer look at digital options
This type of trading requires an investor to anticipate the price movement of the underlying asset in a short term. On the Olymp Trade platform the asset range includes currency pairs, commodities, cryptocurrency, various stock indices and some individual stocks.
A trader would then need to place an “Up” or “Down” call relative to the strike price, without having to bother about how far the price would move. You are also required to specify the time limit for keeping the trade open – it is called expiration time, and could last from 1 minute to several hours.
Since there is no need to gauge the extent of movement, analysis of parameters like where to put ‘stop loss’ or when to book profit is not necessary – and this makes the process so much simpler.
Profitability per each trade is always known beforehand, and with Olymp Trade it may reach 80-90%. Another essential point is that a trade could be sold back to the market, if the trend behaviour contradicts your forecast. This flexible approach allows to recover some of the invested money, if it’s not possible to lock in profits.
Developing a strategy that works
Since options is only intraday, fundamental analysis has almost no relevance. As a result, most of the trading happens employing technical charts. Yet, you cannot ignore the opportunity to trade based on news flow, which could actually generate higher returns than technical analysis.
So, even if you are not connected with, say, Australia but sudden floods have caused huge supply disruption in the country, you could place a ‘Down‘ trade on AUD. However, one needs to be careful when analyzing the news. For instance, even if the employment figure is higher than last month, the currency could lose sharply – in case it is lower than expectations. Conversely, even if the GDP growth is negative, the currency could see a rebound if it has survived the crisis with minor damage.
The other benefit of news-based trading is that you can earn multiple times with the same news or insight. For instance, if you think dollar is going to rise substantially over the next few hours due to Fed’s move, you can place an ‘Up’ trade with a five-minute time frame.
After this trade has expired, you can put another trade with the same ‘Up’ position if your judgment has turned out correctly and you still expect the price trend to continue.
Another asset class that has gained lot of limelight recently is cryptocurrencies. They are highly volatile – and this is tricky on one hand, but lucrative on the other. Olymp Trade gives you an opportunity to trade in crypto while keeping your risks limited.
Using Olymp Trade for crypto saves you the hassle of opening another account, which is usually time-consuming and involves several verification processes. More importantly, you would have to disclose a lot of personal information, which may not be very attractive proposition because the crypto-industry is still evolving.
As for reliability and security, which is vitally important in trading (no matter crypto or traditional assets), Olymp Trade can guarantee it all – the company’s activities are supervised by the International Financial Commission.
The chart below gives an idea of Bitcoin price movement on a typical day. One can see clearly that there is sufficient volatility in the price to make money here.
While you cannot own or store crypto with Olymp Trade, you can certainly earn from its price movement. The platform offers a dozen different cryptocurrencies to trade, including the top ones like Bitcoin and Ethereum. However, the returns generated for this asset class vary substantially: from 10% to 80%.
You also need to note that these returns keep varying all time through. So, if you traded on an asset generating 80% return at a particular time, please confirm the offered returns when placing the next trade – as it may not be the same.
How can I really profit, if I choose trading options?
We have mentioned different trading methods – from the time-tested assets to the modern-day cryptocurrencies – and it only makes the tip of the iceberg.
In order to understand the process more deeply and start profiting, one should have a systematic approach to learning. But of course your self-study should be based on trustworthy sources. We recommend taking a look at the Olymp Trade’s “Education” section, where one can find well-structured lessons and webinars dedicated to trading.
The platform provides a free demo account, so the users can put their new skills into practice straight away. The benefit here is working with platform features without depositing real money.
Use virtual currency for demo trading, and take as much time as you need before getting ready to open real deals for real profits.
Online trading is a very popular kind of business nowadays. If you visit Olymp Trade page on Facebook, you will find a lot of proof to that, meeting people for whom trading has become one of the main pursuits in life. Remember that communicating with others makes progress easier, so feel free to share with your fellow-traders any time and increase chances of your success!
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