Olymptrade Forex Reviews 

160
•
TrustScore 3.5 out of 5

3.6

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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

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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

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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


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3.6

Average

TrustScore 3.5 out of 5

160 reviews

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3.6

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(160)

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Rated 5 out of 5 stars

Easy start with any deposit amount

Olymp Trade is a broker with no spreads and very attractive trading conditions. It`s possible to start trading right away here. Without delay. And it`s cool.
The minimal deposit and a simple platform enable the trader to open real trades to learn real Forex. Of course, you can start at demo account here, and rightly so. But there is no substitute for live trading experience.
So, any trader who has just 10$, can try his hand at real trading. I think it`s important to learn how to manage money with minimal amount. And after you seem to be getting the hang of this move to larger deposit.
You also could check how withdrawals are processing with minimal deposit. Although the most of client`s reviews contain information about fast paying out. It`s a good idea if you check it for yourself.

9 September 2020
Unprompted review
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Reply from Olymptrade Forex

Hello, dear Nayef Al-Samir!

Thank you for the remarkably detailed review. The Olymp Trade platform offers a low minimum deposit that allows traders to learn money management with a small amount and gradually move to a larger deposit. We are delighted to know that you are satisfied with the platform's trading conditions and fast withdrawal speed. Generally, 90% of withdrawal requests are processed in less than 1 working day. We strive to make the platform intuitive and user-friendly, your feedback on its simplicity is much appreciated. We would be thrilled to see you sharing your experience in our Facebook community: https://www.facebook.com/olymptradecom/ Wish you lots of success.

Best regards, Olymp Trade team.

Rated 1 out of 5 stars

Olymp Trade is a fraud and I never recommend dealing with him

He stole my money and banned my account, personal information for fictitious people claiming to be lawyers, and everything is documented and I can prove that
And my money exceeded 91,582 dollars..
I ask you not to block the comment, and I will submit all the documents that prove the validity of what I say and attach them via your e-mail. I hope to reconsider this mediator, which was stripped of all kinds of integrity and transparency, and I am now harmed because of what happened to me financially, morally and psychologically, and my family is affected because of what happened to me. I hope not Withhold the comment and I will provide all the evidence about it

I will not accept the apology, and I will only accept my compensation and return my money, and I will provide all evidence so that the comment is not withheld

I ask those in charge of following up on the comments and comments not to delete my comment in Olymp Trade is considered fraudulent until the end of the dispute and I return my money and compensate me for the damage

6 September 2020
Unprompted review
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Reply from Olymptrade Forex

Hello there!

Thank you for contacting us. We have passed the information on your review to our service support and received the information on your issue. We are sorry for the inconvenience, your account was banned automatically because of the unfinished verification. Our support team member will assist you and inform you about the missing documents so you can finish the verification process.

We have no intention to block your review, we value our traders’ opinions, your information will be helpful to investigate the issue and find the solution faster. We are sorry to hear that this situation has influenced you financially and psychologically. Feel free to contact our support service if further questions emerge, we are always there to assist you.

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Trading is my business.

Because here I felt free and here I learned to make decisions consciously and even fearlessly. How did I do it? Oh, it's actually not easy. I worked for about 6 months on a demo, tested different strategies, kept statistics, made endless calculations. But that's not all. I also learned how to use it:
- leverage up to 1:500;
- mobile application;
- bonus funds, because it is always a real and useful opportunity to strengthen your capital a little.

30 August 2020
Unprompted review
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Reply from Olymptrade Forex

Hello, Nischal!

Thank you so much for taking the time to leave us a 5-star review. We appreciate it. It is great that you took your time to train on a demo account, test different strategies, make calculations, and analyze the statistics. We are glad that you tried out the instruments that our platform provides and learned how to use them. We wish you lots of success.

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Perfect brokerage for begnners

It's one of the best brokers for beginners. I wanted to start trading 10 years ago, but then I couldn't find an interesting broker who could help me start trading. Back then, the industry was different and good education was expensive. 10-12 years ago, there were no brokers who predicted free education.
In 2017 I got interested in trading again and started to learn from Olymp Trade. This broker offers free education, so I could start earning after 4 months.

19 August 2020
Unprompted review
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Reply from Olymptrade Forex

Hi, Chiến Tô!

Thank you so much for this 5-star review. We really appreciate you being a part of our big community and helping to share the word about us. The industry is truly different now, we are glad that after all these years you have kept the intention to become a trader and chose our platform. We are also happy that our educational base helped you to make progress. Wish you a prosperous trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Mentor...

What I like most about Olymp Trade is that a broker takes training and analytical tools very seriously. All of these are available for free and in full access to all its clients. It's actually very cool and unusual that a broker puts such emphasis on educating its clients. Because traders must understand that trading is not just some kind of entertainment or hobby that you can do when you are bored. Trading is a full-fledged business, and it needs to be studied. It's great that Olymp Trade works here not only as a broker, but also as a mentor, pushing us in the right direction.

16 August 2020
Unprompted review
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Reply from Olymptrade Forex

Hello, dear Jarod!

Thanks so much for your thoughtful review. Our free educational base, regular webinars, detailed articles — they all serve a single purpose, to educate and inform our traders. We are extremely grateful that you have noticed how much effort we put into the educational part of the trading process. Wish you a successful trading!

Best regards, Olymp Trade team.

Rated 3 out of 5 stars

Trading should be done so that you have little victories every day.

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, but try what is provided to you in order to form a certain base, which will regulate your activities.
For example, there is an unlimited demo - great, practice, experiment, do not risk your money.
Training materials - the same, use what you are given and analyze this information. And then you won't need paid courses...

12 August 2020
Unprompted review
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Reply from Olymptrade Forex

Hello there!

Thank you for sharing your opinion. We agree that trading requires a serious attitude and willingness to devote time to practice. The demo account and free educational base can be helpful not only to learn the information about the platform but also to study the trading basics and main terms. Have a fruitful trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Learned with Olymp

I learned with Olymp Trade webinars on the Olymp Trade Global Youtube channel. I think that's the future of education. Now there is no need to read thousads of books to understand how industry works. All you need is just watch webinars and practice on demo. Now I'm full-time trader and I'm earning enough money to live at large.

17 July 2020
Unprompted review
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Reply from Olymptrade Forex

Dear Willyam,

Thank you for the feedback. We are glad that you have watched educational webinars on our Youtube channel. We do everything to ensure that our traders have complete information about the platform and its mechanics. We wish you further success!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

I'll be sincere

Don't think you can do it. Right away. No, I don't want to scare anybody or form an opinion that trading is some super complicated business solely for the chosen ones. But in fact, there are quite a lot of nuances, which I personally understood over time and gained some experience. And articles and reviews from olymp trade also helped. It really often touches upon those topics that will be relevant for many people. So, this is what I have learned about trading and what can help me to get used to it much faster.
1. You should never stop. Because the market dynamics always introduces new changes and you need to master them almost immediately and understand how you can make money on it. Complicated? At first, yes. Then everything comes together in one mechanism.
2. You shouldn't try to take everything off the market at once. Hurry, fuss, panic, emotionality are our worst enemies. Try to determine your comfortable profit percentage per day and just stick to the same plan. It'll be enough.

12 May 2020
Unprompted review
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Reply from Olymptrade Forex

Thank you for the feedback, UrTop!

Have a prosperous trading!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Pay attention to special offers

The broker is recommended for partnership, especially if you want to combine the options trading with forex. This is a rather unique all-in-one offer. I’d also recommend watching closely the announcements, because these guys often have some competitions, tournaments and other activities where they have prizes and giveaways. For example you can get a risk free trade, or bonus money to start trading with no investments at all.

16 April 2020
Unprompted review
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Reply from Olymptrade Forex

Dear Sardie , thank you so much for the feedback!

We actually now have three different instruments: Fixed Time Trading, Forex Olymp Trade, and MT4. happy to know that you appreciate our range of instruments and activities. Hope to continue making you satisfied with our products. Have a successful trading!

Best regards, Olymp Trade team.

Rated 1 out of 5 stars

Olymp Trade gives customer false info

Sounds like Olymp Trade gives customers a fake balance like twice as much money as they really have in their account to give them false hope so that they keep trading. That is why they do not email daily reports to users.

27 March 2020
Unprompted review
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Reply from Olymptrade Forex

Hello there!

All the balance you have on the account can only be debited, credited or increased in trades by you. Please, specify what exactly you mean under daily report?

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Do I have any problems with my broker?

For me a broker is not just a company that gives me access to the market and allows me to trade, for me a broker is first of all a partner that does not give me difficulties in trading and allows me to trade exactly as I want. And in this sense, there are no difficulties with olymp trading, because here we tried to provide quality conditions for independent traders. I am not confused by the fact that there is no support, because it is enough to watch their training videos and test the terminal several times on a demo to understand its features and to understand how to set up the chart and the terminal itself for yourself. That's why you don't waste time here, you start to work immediately and the adaptation period takes a minimum of time. In my opinion, this is exactly what traders are looking for, who have experience and understanding of the market, and the commissions are chosen here standard, sometimes even underestimated, which is also beneficial for the growth of your capital.

23 March 2020
Unprompted review
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Reply from Olymptrade Forex

Hi!

Thank you so much for the feedback! We are happy to make your work on the platform is easy and convenient.

Wish you a successful trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Good partner for any trader

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 indicators or make it simple with a few drawing tools. The platform is super-fast, no execution delays or requotes. Commissions are OK, payouts for options are probably same as everywhere else. Funding and withdrawals take minutes only. There are lots of trader's tournaments and competitions going on so you can have a chance to win a starting capital. Tons of educational materials will help new traders. Experienced ones will probably find those too simple.

5 January 2020
Unprompted review
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Reply from Olymptrade Forex


Hello there!

Thanks for the feedback. We are glad that you like our application. It is really important for us to provide the most convenient tools for trading. Have a successful trading!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

Quick withdrawals, convenient platform

Olymp Trade is one of the best brokers across the Web. I like it for a several reasons, but the main one is it's reliability. Olymp Trade is a part of Finacom and is regulated by this institution, so traders always have where to go in case, if broker will take some unfair actions. I don't know any such cases in the past, but that's cool that traders have guarantees, so I can sleep tight and don't think about some bad things, that may occur to my funds. The other advantage is Olymp trade convenient trading platform with wide range of pre-installed indicators, so everything you need is just find your strategy and you can do this with your demo account. In case you need to withdraw money, everything is okey and your money will be payed within 24 hours, that's faster than in average within the industry. As a result, I have no choice but to recommend Olymp Trade.

29 December 2019
Unprompted review
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Reply from Olymptrade Forex

Hello there!

Thanks for sharing your valuable and useful feedback. If you have other feedback or suggestions, please write to us at https://www.facebook.com/olymptradecom. We would love to hear from you!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

I respect Olymp

I'm extremely demending on broker's and I always fing something, that cannot be improved to make brokerage better and more reliable. The same thing was with Olymp and I'll explain. Let's start with pros. First of all, Olymp is one of the industry leaders and that's important, as company appreciate it's goodwill (reputation) and do everything to become better. Olymp has flexible bonuse policy, including first deposit 100% match bonus, so you will get additional money when register and make deposit. The minimum deposit is $10 and I made so, but, frankly, it's better to make bigger deposit, if you have funds, as additional bonus money is cool offer. However, if you wanna trade, you can make $10 deposit. Also, to try trading Olymp offers free demo-account, so you can explore Olymp Trading platform even before you make any deposits. I think that's good option. Trading platform, on my own, is the best within industry, as it;s combines high functionality and nativeness. Now, I'm gonna talk about cons. I appreciate company for $10 deposit, however I think that company should concentrate on professional traders and don't spend time on helping newbies. It's my opinion, as I think newbies aren't profitable and we, as professionals, pay for their education. Anyway, I respect Olymp Trade.

21 December 2019
Unprompted review
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Reply from Olymptrade Forex

Hi, Grant! Thank you so much for the feedback!

Wish you prosperous time with Olymp Trade!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

What's good about Olymp Trade?

It seems to me that among the majority of companies in the modern market, Olymp stands out by the fact that this broker is constantly developing and growing. It is enough just to see how many countries this broker trades in and what kind of reviews appear on the forums every day. Here people learn how to work independently, and it is to work, not to have fun or to trade for good luck. Everything on their site says that you need to learn, get more information, test strategies, etc. And by the way, their analytics is also very useful, you can see at once that they were selected not for the quantity, but for the quality. I am very pleased with the way things are here, so I intend to continue working only here.

16 December 2019
Unprompted review
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Reply from Olymptrade Forex

Hi there!

We are very grateful for your review. Education plays a really important role on the road to success, so we wish you to keep it that way! Have a successful trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Convenient and quick

I'm trading with Olymp Trade for 3 years and have only positive experience. Of course, during this 3 years, there were some problems, but all of them quicly solved. I think that good broker is not a broker with zero mistakes (as it""s simply impossible), but broker that makes everything possible to handle issue as fast as it can. For me, Olymp is a perfect place to trade, that combine good design, convinient trading platform and useful support service with fast withdrawals and a lot of learning materials. I can say, that I haven't nothing what I can add to that perfect portfolio.

7 December 2019
Unprompted review
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Reply from Olymptrade Forex

Hello there!

We aspire to provide convenient and user-friendly trading platform as well as qualified client support. We are ready to help with any issue 24/7.

If you have any questions, please, contact us in online chat or on Facebook https://www.facebook.com/olymptradecom/ We will help you!

Best regards, Olymp Trade team.

Rated 5 out of 5 stars

A broker that don't let you down

Olymp Trade is a company with which I have been cooperating for many years now. In fact, there are excellent conditions for an individual trader who wants to trade on his own, does not need any support and just wants to work on a convenient platform with wide opportunities. At Olymp trade you can choose from a wide variety of timeframes, you can customize the chart as you like, for example, to make it in the form of candlesticks or bars. This broker has a lot of assets, if I'm not mistaken about 80, you can always find something to use right now. Add to this high interest rates that provide income even on the quietest trading day. Another plus is the simple withdrawal procedure. You have no limits on the amount or number of withdrawals per month. That also provides comfort to users.

5 December 2019
Unprompted review
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Reply from Olymptrade Forex

Mike, thank you for the detailed review!

We are glad that you are enjoying our platform. Wish you a successful trading!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Don't be mistaken believing the forex…

Don't be mistaken believing the forex market is a place where you can make a fortune virtually overnight, keep it in mind that the only way to earn profit you need constant education and practice in order to succeed

4 December 2019
Unprompted review
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Reply from Olymptrade Forex

Hello there!

On our platform traders trade only for themselves. Each trader needs constant education and practice in order to succeed. We advice everyone to make their own decisions and not to rely on someone's opinion. We have created educational section with numerous useful webinars and other materials and also provide free demo-account so that everyone ould learn how to trade.

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Trading as a lifestyle

Is somebody would tell me a year ago that I would have something to do with financial markets, I would just laugh. Where am I, and where is Forex? I thought that this is a super complicated system of making money, which requires a lot of money and knowledge. Partially I was right – you need the initial capital and at least general understanding of the market, but no need to get a degree in economics for it or give away your 10 years savings. For me, $200 and 1,5 months of total immersion was enough. But let’s get back to the point I’ve got here. Everything is simple – I didn’t have enough money even for simple everyday needs. That’s why on why the great day I opened Google and typed in a simple phrase “extra income online”. I watched a whole bunch of videos about the trading, its specifics, strategy and what’s the most important I listened to some recommendations of successful traders, who know about the market and trading psychology if not everything then a lot. The biggest part of them was recommending Olymp Trade. Many were attracted and still attracted by the convenience of the platform and extremely unobtrusive service. So, I also made up my mind. It sad to remember, but I borrowed my seed capital. Never do anything like this and don’t risk something you can’t afford to lose. I got it now, but back then I was dumb. It was difficult in the beginning just because I wasn’t confident in my abilities. But the capital was growing. And It made me happy. Besides that, I didn’t have many instruments – only now after I watched webinars, I know how it works and back then I owned just a small base. Just to keep it short, I will say that I returned borrowed money in 7 weeks. Fully. And it was a win. Because another $150 stayed on my account. Life changed if not totally, then significantly. So, don’t be afraid to try yourself in trading. Especially with Olymp. They withdraw fast and if necessary, to different cards. Good luck everyone.

24 November 2019
Unprompted review
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Reply from Olymptrade Forex

Thank you for such a big and sincere feedback! It's very inspiring to read stories like yours.

Sometimes it seems to be a long shot at the very beginning of any activity, but the more knowledge and experience you get, the clearer the path to success becomes. This path can be difficult, but it must be walked on your own feet.

It is very important to base your trading, not on intuition, but on a solid foundation of knowledge and our analysts work hard to produce up to date content, which helps our traders to stay on top of the financial world ideas.

We glad to hear what you became successful with a new strategy. If you require any further information, let us know.

We wish you not to stop in your educational process and conquer new heights in the trading world!

Best regards, Olymp Trade team.

Rated 4 out of 5 stars

Well done that they allow forex trading now

I first knew Olymp Trade as an options brokerage. For a year or so I was trading options with Olymp. However, later I decided that I want to try my skills at forex market and left Olymp to trade currencies with another brokerage. As soon as I learnt that Olymp has opened a forex trading platform, I came back to trade here. I missed the user friendliness of the terminal, ability to trade from browser or a convenient mobile app. I don’t regret coming back to Olymp at all. Now I can trade forex here but with all of the Olymp’s convenient tools that I missed so much since left options trading.

10 November 2019
Unprompted review
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Reply from Olymptrade Forex

Hello there!

Nice to hear about your experience! Have a successful trading!

Best regards, Olymp Trade team.

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