Olymp Trade
OT offers a wide range of currency pairs, commodities, and exchange traded funds to their clients. OT is recognized by both its clients and its peers as a superior brokerage service and was the Best Trading Platform of 2018 according Forex Awards.
OT clients trade Forex on a state of the art platform with customizable tools for analysis. OT is dedicated to the education of its clients providing free tutorials, access to professional traders, and other media in multiple languages and 24 hours a day customer service in 13 languages.
The International Financial Commission rates Olymp Trade as a Category A Broker. Another example that OT truly believes in giving its clients what they need for successful trading.
Top Rated Alternatives
See all Alternatives
Olymp Trade
Overall
I have no experience in working on different platforms, but I have been working on the Olymp Trade platform for almost six months and I can say that there have been glitches in the technical plan, but all this is an exception. All I have to say is that I am not afraid to use this broker, I am not afraid to take advantage of them. You just need to know how to get along with your emotions. Well, this is my opinion.
I think it's faster to get promoted and get Advanced status. Here a greater percentage of profit, 85%, faster withdrawal of money, as well as the possibility of free consultation with an analyst once a month. For some people, this is an unnecessary option, as there is technical support. But it works more with technical issues, and here there is an opportunity to get advice on the trading itself.
Overall
Truthfully, olymp trade for me became more than just a broker, y'all know... there are special communities devoted to olymp trade in facebook. I always chat in FB groups with traders and we discuss different things concerning trading and not only it actually.
the broker knows how to create a friendly vibes and form real fanbase :D I love i found new traders mates
Overall
As far as I know, welcome bonus has a limited time offer after you register the accoun. Dunno for is it still the same.
Overall
Olymp Trade has no spreads, but the broker charge a comission. It’s fixed so no need for concern of wide spreads in high volitile market. I’m fine with this and their work. They have many instruments to trade
Overall
All the brokers in my opinion might seem difficult in th beginning.
However, I try a broker within a month until I could make up some decisions. It's difficult to judge a broker when you just entered trading with it. It requires plenty of time though.
Overall
I’m new in here. I have mostly learned educational materials and practiced with the demo account. Support helps a lot. By the way, I’ve heard that there’s a welcome bonus with the first deposit. Are there any conditions to get this bonus?
Overall
I trade at the Advanced account level.
They offer 20 open positions at once, but I don't usually need that many, so I have enough limit anyway.
They rarely have webinars, but I can confidently call them useful.
Overall
Broker Olymp Trade at first glance may seem like something difficult and hard, but reely in fact, there is the more simple trading platform I have seen and any can try this....
Overall
All traders have to pass several stages on their trading path: mistakes and losses, various brokers and only after - it might be success.
Indubitably, nowadays traders aren't fond of changing brokers from tiem to time, they as a rule remain with one broker during the whole trading path, while I believe that it's important to change broekrs in order to find the most suitable one.
I faced this broker when I was in search of a new one. I have decided to remain with it mainly due to I liked
the conditions toward minimum deposit, it's about 10$ and everybody can afford the sum;
strong educational center and community in several social media;
intriguing system of multiplicators which serve as the substitution for leverages.
Overall
Of course, you will be able to trade with Olymp Trade broker not only in FTT mode, but also with forex mode, including CFDs trading.
And this is one of the main advantages of trading with an Olymp Trade broker. In fact, many traders are not interested in owning the asset themselves, but only in the profits, they make when trading. In addition, the fact that you can make a profit on both the rise and the fall of an asset price can serve as a positive moment.
Also, by using leverage in trading (or multiplier, as it is called at Olimp Trade), you can significantly increase your earnings.
Overall
I like the broker and its trading platform. I mean that I used to trade mt4 and I was quite skeptical about olymp platform. However, everything changed when I really used it in my trading, I just found it very convenient for me because it is easy to navigate and it has everything which I need for the market analysis and order executions.
Overall
Customer support here is multinlingual. This is the best feature I guess.
Overall
It is very difficult only at the beginning, so it is very important to choose the right broker and trading style. There is a great way to trade that is suitable for beginner traders, I am 100% sure of it. This method is much easier than forex trading, but at the same time it is also fascinating.
This is the opportunity offered by olymp trade broker, and this type of trading is called FTT. You will make your profit no matter how many pips the currency moves. Even if your movement is only one pip in your direction, the profit is still yours. To do this, you will need to carefully analyze the chart and choose an expiration time. You can even choose one minute and after one minute you will have your profit.
Overall
I like their alternative approach to trading. It gives me more freedom to enter the market. A combination of fixed amounts and multipliers is what I need so much for a long time. It allows to trade very intensively, entering the market more or less risky.
Overall
What can I say? I started my Forex epic in 2017 on the advice of an acquaintance. Fortunately, I started on a demo account with Olymp Trade, which saved me from unjustified financial losses. Everything was going great on the "demo" account, but when I put $200 on the real account six months later - they disappeared in a few days.
I began to self-train - and again I traded only on demo account. Than I began to cooperate with a personal account manager from Olymp Trade, studied strategies and trading patterns and practiced so enthusiastically that I was constantly reading, watching and finding out new things. I read "Technical Analysis" by Jack Schwager, "Fundamentals of Trading" by Elder and many other books.
At the moment I have about $2000 on my deposit at Olymp Trade, my first deposit was $1,500. I have been trading for 2 months and my results are stable profit.
Overall
If we talk about the broker, here, of course, offers CFD trading on Olymp Trade. In order to see the list of assets that the broker offers for trading, you just need to open the trading platform and go to the current assets tab. There you will be able to get acquainted with the full list of available financial instruments. There is an opportunity to choose manually from the presented list or use the asset search. There is also an option to filter out a specific group.
In fact, the CFDs are a very convenient tool that allows you to trade without actually owning the asset, and this increases the chances of profit, because you can make money even if the position falls. You can also take advantage of the multiples of Olymp Trade when you make a trade, which will increase your profits and reduce your risks
Overall
Please tell me, does Olymp Trade has a broker for ordinary CFD trading or just FTT?
Overall
Before joining this broker I heard a lot of controversial things about fixed-time. Some people associate it with fraud and gambling. I tried this stuff with Olymp and can say that there’s nothing scary here. It’s quite possible to earn money by trading fixed-time. Afterall, I withdraw money earned this way without any problems.
You should understand that fixed-time is a completely new thing. It differs from everything you might have tried in trading before, such as stock and Forex trading. Here you are expected to make a forecast within a set expiration period. It teaches to “feel” the market and I think it’s especially good for Forex scalpers. It would be a good drill for them.
Overall
If you can't find a proper broker for a very long time, then just pay attention to this one. I believe that conditons and services which it offers are quite competetive in case we speak about the whole market, because it has some special peculiarities which no one could miss. I'm delighted by working with this broker mostly because I had a big trouble with finding a realiable broker which would suit my needs and trading style. So, I advice traders try it.
Overall
To my mind, it's convenient when the broker offers some exclusive conditions for its traders. This broker provides its traders with several trading styles. These styles are fixed time trading and forex trading. It's really important for traders to have a choice in trading styles. I suppose that there are plenty of traders who are really tired of forex trading, thus they can try something new in case they'll choose this broker as their primary one. Moreover, I want to note here a multilingual customer support, which can help you to sort out any issues using your native language.
