Olymptrade Forex Reviews 

160
•
TrustScore 3.5 out of 5

3.6

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 3 out of 5 stars

The broker offers quite interesting solutions for various types of market participants. I mean the types of trading modes that everyone can utilize to their advantage. I don’t think that FTT and... See more

Company replied

Rated 4 out of 5 stars

There are many pros which olymp trade has, but I like the fact that there is a really huge community of traders who work with this broker. There is nothing worse than to feel alone while dealing with... See more

Company replied

Rated 3 out of 5 stars

Because it is your seriousness that will allow you to make a profit and cope well with the difficulties that are not avoided in the market at all. And here you should not just evaluate services, bu... See more

Company replied

Rated 4 out of 5 stars

Olymp Trade gives us the opportunity to trade as we like. You can scalp on 1 minute charts or try catching biggest daily moves, you can trade options or go for traditional forex platform, use indicato... See more

Company replied

Company details

  1. Investment service

Written by the company

Olymptrade Forex is a trading mode on a first-tier platform. Take advantage of the tools you need to be successful: analytics, webinars, strategies, and more. Increase your profits by multiplying your trade up to 500x. Olymptrade Forex has no spreads, fast speeds, and the analytical tools needed to help traders be successful. Olymptrade Forex Offers: Free Demo Trading Free Deposits & Withdrawals Over 70 Assets to Trade on 24/7 Market Access Free Olymp Plus Analytical & Educational tools Mobile Trading App


Contact info

3.6

Average

TrustScore 3.5 out of 5

160 reviews

5-star
4-star
3-star
2-star
1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Replied to 100% of negative reviews

Typically replies within 24 hours

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

3.6

All reviews

(160)

1 review in the last 12 months

Write a review
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

A really good choice

If you don't understand the point, nothing will work forever with no fuel.
In any business, FTT trading, forex trading, you can fail completely if you on't invest your time and money in it. If you want to trade with FTT, you first need to learn what it is.
Yes, you can certainly make money, but any strategy fails over time, so you need to adjust to the market, well, if 7 out of 10 trades will be in the black, it's already a very good result.
Olymp Trade broker is a really good choice for trading with FTT. Especially I recommend this broker for beginners, this serious work will seem to you as an interesting game with broker's trading conditions...

4 February 2022
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello dear, Luis da Rosa!

Thanks so much for your thoughtful and detailed review. You are absolutely correct. The appropriate strategy to use will depend entirely on the specific phase that the market is in, as each strategy is designed for a particular market situation. Therefore, to be successful in trading it is important to carefully analyze the market and follow the global and economic news as well as calendars. To achieve results, need to invest time in your education.

Also, we are pleased to know that you recommend our platform to new traders. It is important for us to make trading exciting.

Keep up the good work, your attitude is highly motivating!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

I first came here to try fixed-time…

I first came here to try fixed-time trading. I heard a lot about this and wanted to see with my own eyes how it all worked. So, I tried it and didn’t like. Fortunately, the broker offers Forex trading too and it exceeded my expectations. I like that I can set leverage size for each trade.

29 January 2022
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello, Poomch!

Thanks for the feedback. We really appreciate you taking the time to share your rating with us. It's great that you have tried several types of trading and have chosen the most suitable one for yourself. It's an honor for us to hear that we have exceeded your expectations. We are glad that the multiplier also pleased you.

Have a fruitful trading!

Best regards, Olymp Trade team.

Rated 3 out of 5 stars

Experienced user

I want to give you some information about my trading experience.
I have been a trader for a couple of months now. I took a short break and now I'm trading again. To be honest, I had a break because I had to think about whether I really want to trade forex.
The thing is, it was hard.
I don't know why I thought at first that everything would be easier. This is the financial market.
I trade with Olymp Trade. At first glance, everything seemed simple and FTT trading is a quick way to make money.
But everything was not as I thought. It is sometimes difficult to understand what expiration time I need to choose in order to get a profit.

24 January 2022
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Greetings, Francis Maphumulo!

Thanks for your trust. It means so much when our traders share their experiences. We understand your feelings. Trading psychology refers to a trader’s mindset during their time on the markets. Maintaining the right mindset is one of the most important factors in being a successful trader. It is important to take a break from time of the time to rethink your work. We are glad to hear that you continue to look for the most comfortable trading methods.

We wish you prosperous trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

My impressions of Olymp Trade...

I can't call myself the most sincere Olymp Trade fan - there are definitely pros and cons here.
The good news is that I can work with small amounts and watch thematic webinars which can really help if you want to understand a strategy.
On the negative side, I can mention the lack of help from managers for owners of small amounts, and beginners sometimes want support and advice as well.

18 January 2022
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi there, Manuel Puga!

Thanks so much for your thoughtful and detailed review. We are glad that our webinars are useful for you. We understand how important it is sometimes to get advice or support. We are sorry to hear that you didn't get enough help from our side.

We have a Trader's Way on the platform. The Status system is offering different privileges and trading conditions depending on the level of a trader's account. There are three levels: Starter, Advanced, and Expert. They can be achieved by depositing a particular sum or by completing the tasks in a Trader's way.
For Advanced and Expert statuses, consultations with a VIP analyst are available. You can find more information here: https://olymptrade.com/statuses

Also, our support team works 24/7 and is always glad to help you. You can contact our service support:
via e-mail support-en@olymptrade.com,
in the live chat at https://rebrand.ly/otpolymp,
or in our group facebook.com/olymptradecom/

Do not hesitate to contact us if any questions or concerns appear.

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

The broker which deserves trust.

Olymp trade is a regulated broker with decent reputation in trading community. It was founded about 7 years ago and it still works and attracts traders from all over the world. Unfortunately, it supports only custom trading platform, so if you get used to mt platform or ctrader, you'll need to change your trading habits if you want to trade with this broker. However, olymp platform is quite easy to understand and the functionality of it pretty nice: there are all of the most popular indicators and drawing tools which are used by the majority of traders, so, you'll hardly miss out anything.

9 October 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi, Azim bin Najhi!

Thank you for your feedback. We are thrilled to have you as part of our big community! You have correctly noticed that our company currently offers a custom trading platform. However, we grow and evolve.

We hope that over time Olymp Trade will be able to please you even more.

We value the reputation of our company. It is important for us to meet high standards of service.
Therefore, we are pleased to provide users with a simple and intuitive platform.

The functionality of the platform is also important to us. Therefore, various indicators and drawing tools are available for you.

Wish you lots of success.
Best regards, Olymp Trade team.

Rated 5 out of 5 stars

I got my first experience

At one time I came across someone's review about Olymp Trade. I decided to come in and see how to make money on Fixed Time Trades. Easy registration, demo account, all this seemed interesting to me and I decided to try it. Since then I got hooked on trading. I also started to try other sites, but I have to admit, there is no better and more decent site than Olymp Trade. That's why I like to trade here, the yield is up to 70%.
Olymp Trade is a broker with a good training base. I got my first experience in trading with it. Then I chose currency pairs, because it was said to be the right decision for beginners. There was one case when I realized that I had made a mistake in a deal, but I remembered in time that there was a button at Olimp Trade which gave me an opportunity to cancel the deal. I did not get any profit in this case, and I got back only half of my amount. But better something than nothing. As for the instruments, of course, there is not as much as with other brokers, but convenient and uncomplicated trading platform.

29 September 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello dear, Davis Madelynn!

Thank you for reaching out. We value your input and appreciate your willingness to share details on your experience with us. We are glad that the platform is intuitive and straightforward for you. It is great that you have taken a rational solution in a tricky situation and closed the trade before the set-up time period to prevent more loss. Wish you a prosperous trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

A broker with huge community.

There are many pros which olymp trade has, but I like the fact that there is a really huge community of traders who work with this broker. There is nothing worse than to feel alone while dealing with a certain problem or question especially when it comes about dealing with the platform. In spite of the fact that it is intuitively clear how to use it, there are still some questions which you face in the process of trading. It is really important to realise that there are many people who can help you find this or that button or tune your indicators the right way.

9 September 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello, dear Ley!

We are grateful for your kind words. It is great that you appreciate our large community. We are happy to know that you communicate with other traders to improve your trading results and get a better understanding of the platform's opportunities. If you face a certain issue or have a question, you can also contact our support team. Our specialists will be happy to help.

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

I trade Forex here

At first I hoped to make the most of this broker by trading fixed-time. I don’t know why but I was very optimistic about fixed-time trading. Perhaps, I was under the impression of some positive reviews. However, once I tried fixed-time I realized that it was not for me. I was about to leave but suddenly I decided to try Forex trading on their web platform and I liked it. The possibility to trade fixed amounts impressed me. On the other hand, I need to learn how to use it. A properly chosen fixed amount allows to withstand a drawdown and then continue following the market. It just requires practice.

30 August 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi there, Bikash!

Thank you for your sincere feedback. We are glad that you have taken the time to explore the platform's trading modes and find out what is more suitable for you personally. It is great to hear that the possibility to use fixed amounts impressed you. We agree that achieving profitable results requires constant practice and learning. We would be glad to help you in your way, please, let us know if you need more information.

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

The Olymp Trade platform

Nowadays, probably many people think about the idea of sitting at home and doing investments, trading on the Internet. This is a very interesting and very profitable business. At first I started to work on the Olymp Trade platform hoping to get lucky. The first time I was lucky. But then I began to realize that just luck is not enough. I wanted to make more profit, but I had to obtain certain knowledge. To my delight the company provided me with such a service. I attended training sessions in the form of questions and answers on the website, consulted with professionals. I began to understand more about what I was doing. And it began to do its own good. My interest grew and the deals started to bring in more and more income. It helps a lot by allowing me to analyze market trends.

23 August 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi, dear Ghanshyam!

Thank you for sharing your opinion with us. We agree that obtaining a large knowledge base is essential in a goal to become a professional trader. It is great that you have taken the time to participate in our educational webinars. We are glad that the gained information helps you to get a better understanding of your trading activity and allows you to analyze market trends. Have a succesful trading!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

A brokerage with many pros and features.

It took me really long to choose a new broker and I don't regret that I fixed upon olymp trade. First of all, this brokerage has decent reputation as it was established in 2014 if I'm not mistaken and it is regulated by FinaCom which also adds credibility to this company. Secondly, I liked the feature that there are no spreads which is really convenient for me. Surele, there are some commissions but they are much easier to calculate during trading process. Thirdly, I like their trading platform which is really easy to understand. It didn't took me much time to start using the OT trading terminal to the full, as it is absolutely clear how to add indicators or draw the levels of support and resistance, so I find this platform extremely user-friendly. Lastly, one of the most important factors for me was the great variety of financial instruments which are available to the clients of olymp trade. Along with currency pairs I can trade cryptocurrencies, commodities, ETFs and even stocks without switching from one broker to another.

7 August 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi there, Kabeer!

Thank you for choosing us. We are glad to hear your opinion on the advantages of the Olymp Trade broker. It is great that you find the platform's features convenient and easy to understand. We are pleased to know that you have marked the large variety of available financial instruments. Wish you a prosperous trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

The broker has an interesting feature

I have been trading forex with the broker Olimp Trade for two years now. The broker has an interesting feature, which is the absence of spreads, but there is a small commission for opening transactions. I am also subscribed to the broker's community on Facebook and Instagram, where I can always share my experience and ask questions of concern.
I started trading with Olimp Trade broker after two unsuccessful attempts to trade with other brokers.I was successful with the last broker, but he did not pay me the amount I earned.
I was looking for a broker whose honesty I had no doubts about. I was lucky enough to find Olimp Trade. In two years of working there was not a single situation where I could not get money on demand. Yes, sometimes there are delays due to the bank's fault. But they are not significant and I am confident that I can get my money back.

3 August 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello, Maximo Aranda!

Thank you for such kind words. We are glad that you are satisfied with the platform in every regard. We try our best to make the platform suitable for all our clients. We are glad that you appreciate the features of the platform and that they are according to your desire. Your satisfaction means the world to us. We wish you happy trading!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Olymp Trade Forex review.

Forex trading is a great way for me to make good money. I think you understand that. Trading in the financial markets has never been as easy as it is now. I believe that the Olymp Trade broker has done a lot for this. This broker has created a very user-friendly and functional trading platform. I really think this is a great achievement. You can verify this. It is very easy to create a free Olymp Trade Forex demo account and try trading on your own. For trading, you will have a virtual deposit of $ 10,000. By the way, if you spend everything, you can replenish your demo account with virtual money again. This can be done until you learn to trade with profit. The platform has many trading indicators that will help you understand what the price will be after a certain time. In addition, the site has analytics and news that help you understand the market and help you choose the best time to start trading.
In addition to the standard trading platform, you can trade anywhere with a mobile application. You can download the Olymp Trade mobile app from App Store or Google Play.

22 July 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello, dear Binod!

Thank you for taking the time to leave a positive review. We are happy that you find the platform user-friendly and functional. It is also great that you enjoy the opportunity to use the Olymp Trade demo account for training purposes. It is also wonderful that you have noted a wide amount of available indicators. We wish you a prosperous trading!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Trading with Fixed Time Trade

Trading with Fixed Time Trade is easy and intuitive. For me, it is much easier than trading currency pairs, much less stocks and metals. There are 2 types of trades on Olymp Trade Fixed time: in terms of trade duration from 1 minute to several hours and in terms of expiry time from 1 minute.
I use two great communities on Facebook and Instagram, where I get a quick and qualified answer to any question at any time. The broker's technical support team is also quite competent and friendly.
The broker supports a large number of payment systems, so withdrawing money is not difficult. The broker supports payments to electronic systems such as Skrill, NETELLER, Fasapay, webmoney.
Traders can have three statuses: Starter, Advanced and Expert. The Expert Points (XP) system is also nice.

13 July 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi, dear Oriol!

We are grateful for your excellent rating. It is great that you have mentioned the high service of our technical support. Our specialists are always there to give full and prompt assistance if any issue appears. We are also pleased to know that you have marked a large number of payment systems supported by the platform. Wish you a productive trading!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Olymp Trade has invested in a number of tools

Just looked at the site of the broker Olymp Trade, and here's what I can say. Having the right trading tools at your disposal facilitates successful trading.
Olymp Trade has invested in a number of tools that include more than 20 indicators and 4 charts that are easy to access in the user interface. The interface also includes a "technical analysis" button that will give you access to even more tools. One of the interesting features we found is the helper button that accompanies each indicator.

30 May 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi, K_Mayasari!

Thank you for your 5-star review. It is extremely important for us to provide our traders with all tools required for successful trading. We are glad that you have noted a large number of accessible instruments presented on the Olymp Trade platform. Wish you a prosperous trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

A new Help Center

There's a lot of reviews that have been written about this. But there is one aspect that I would like to draw your attention to. This is an excellent presentation of educational material on the site. The Olymptrade team has consolidated the content of the FAQ and Learn pages into a new Help Center.
The Help Center is divided into two sections. In the section ""User's Guide"" they have collected all the information related to the operation of the platform. If you are just making your first steps in trading or want to improve your skills, pay your attention to the section "Guide to Trading" (previously - "Training").
It covers a number of important topics that every trader needs to learn and also includes helpful tips and advice. This section also contains concise but clear descriptions of concepts, strategies, and techniques. They can be put into practice immediately. Also on the site you can find short professional video tutorials, which at one time helped me a lot to understand the information.

19 May 2021
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello, Lee!

Thank you for sharing the aspects that you find worthy of attention. We are happy that you appreciate how the educational materials are presented on the Olymp Trade website. The Help Center indeed covers the most important topics and includes helpful tips and advice. We strive to provide our traders with full informational support. Wish you a successful trading!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

excellent experience

I would say nothing new or extraordinary, as I simply like this brokerage. That's all. It works perfectly, I always get my money in time and I'm sure nothing bad can happen to my invested money. So, that's what distinguishes a bad broker from a good one. You just trust a good broker and it allows you to trade more freely, because you have no unnecessary thoughts and fears.

13 November 2020
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi, dear!

Thank you for taking the time to leave a 5-star review. We are pleased to know that you are fully satisfied with the Olymp Trade platform. It is wonderful that you are fully concentrated on the result leaving the unnecessary fears and doubts behind. Keep up the good work!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Love to be a part of this company…

Love to be a part of this company awesome customer services genuine platform.

2 November 2020
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hello there!

Thank you for your kind words. It is fascinating that you find your platform genuine and customer-oriented. Our traders' comfort and success is indeed crucial for us. We are always at your service.

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Special preferences

Every trader has them. Because we all have different personal characteristics, apply different strategies and in general, when making a decision, we focus on absolutely different things. And there's nothing special about it, but it should be understood when you read reviews of other clients - we all pay attention to different parameters, praise them or criticize.
But the truth is that I don't want to do it, I just want to explain what I use in practice and how it helps me in my work.
First of all, I want to mention risk-free trades. First of all, it is very interesting. Secondly, it's a safe way to make a good profit. Thirdly, it is a certain motivation for me.
And I also like reviews - they are created by real professionals.

25 October 2020
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Greetings, Hari!

Thank you for expressing your opinion and sharing your experience with us. It is true that we all have different personal characteristics and points of view. This is why any feedback is extremely helpful for us to get a full understanding of the traders' opinions. We are constantly working on the improvement of the Olymp Trade platform and pay attention to all the recommendations from the reviews. We are also glad that you mentioned risk-free trades. It is great that the opportunity to trade without risking the amount motivates you and helps to make a good profit safely. Keep up the good work!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Learning and trading

I decided to try trading 3 years ago when I lost my job. I had enough savings and was looking to put money to work. Frankly, I was interested in trading long time before but it seemed to be so difficult and baffle, that I just kept put on a waiting. But when I lost my job, I understood that it's now or never.
The first challenge was to find the right brokerage, I tested many different companies and even lost some money with them. The problem was common - almost all brokerage haven't offered either no education or even the most basique one.
And then I found Olymp Trade. It was my boiling rage already, I almost gave up but decided to try one more brokerage. Surely my expectations worth it, as Olymp Trade offers really outstanding education.
Don't get me wrong, some brokers offer even better education but they takes money for it. And Olymp education is 100% free, hah. Nah, If I was sure that I would become a trader, I would pay for education. At that time I had no such confidence, so I was looking for free education.
I started with educational videos and then got hooked with webinars and demo trading. And now I have $15,000 demo and making 4-7% monthly, I think that's great story of success.

16 October 2020
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi, Darius Doe!

We are grateful for your detailed and vivid feedback. It is always a great pleasure to read success stories from our traders. Sometimes we need a hint from the universe to start a new activity from scratch. We are glad that you took the search of the suitable platform seriously and chose the availability of an outstanding education as the main criterion. It is important for us that every trader has access to our free educational materials.

It is wonderful that your doubts have vanished and you started to get a stable profit on the platform. We wish you a fruitful trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Anyone can

I mean that everyone can make a profit here, but it depends more on several parameters.
1. Your knowledge.
2. Your desire to do this business.
3. The quality of services of the company you choose.
And I think I am very lucky with this company. Because I came here without any experience and in just a few months I managed to find some good companies and try them on a demo, and I also learned to keep statistics correctly, read many reviews and articles that helped me to understand the technical and fundamental analysis.

16 September 2020
Unprompted review
Olymptrade Forex logo

Reply from Olymptrade Forex

Hi, dear PochyOne!

Thank you for sharing your reasoned and fair point of view. These parameters indeed have a significant impact on a trader's progress. You have chosen a smart approach practicing the demo account, learning to keep statistics, reading educational materials, and studying technical and fundamental analysis basics. For an experienced trader, the educational process never stops, it just gets more detailed and profound. We wish you lots of success!

Best regards, Olymp Trade team.

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look