Olymp Trade Review

Olymp Trade Logo

Olymp Trade is an established binary options broker that opened in 2014, offering their clients a unique binary options trading experience. Olymp Trade is owned by Smartex International Ltd., which is located at 103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles.

Contact phone number in Cyprus is: +357 22 007136, and their email address is: support-en@olymptrade.com, and for popular broker complaints read this.

Olymp Trade Review

We found during our extensive review of the broker Olymp Trade, that they are operating a unique binary options trading software. Getting started is very easy as you are automatically sent to their demo trading platform to test out the usability and interface.

They have a variety of Forex pairs, shares, commodities and market index available for trading. Standard payouts are 80% with the exception of Bitcoin which is currently at 45% due to its erratic volatility. As a global broker, their website is available in the following languages; Русский, English, ไทย, Bahasa, Indonesia, Português, Español and Türkçe.

Minimum deposit amount is only $10 for a standard trading account. If you are interested in their VIP accounts which increases the payouts to 90%, then the minimum deposit jumps to $2,000, see here.

Olymp Trade Binary Options Broker
Olymp Trade Binary Options Broker

Olymp Trade Regulatory Oversight

When the Scam Broker Investigator reviews a binary options broker to see if the broker is a scam or legitimate, we first check to see if they are licensed. It is easy to know if a broker is licensed if they display a license number from the FCA, FSB or ASIC.

Olymp Trade is registered with the Financial Commission which is an industry self regulatory organization, see here. Clients for Europe, United States, Canada and Australia are not allowed to trade at this broker.

You can find the complete list of licensed binary option brokers listed here.

Binary Option Robots

A lot of new binary options investors use an automated trading software or robot for trading, however most are get rich quick scams, read why.

You can see the most popular binary options robot now available see here.

Comparing Olymp Trade

Smart investors will compare at least 3 brokers before making a finally decision which broker to use. Look at the best broker list which is updated monthly, see here.

ExpertOption (read review) is a popular broker that is licensed by FMRCC, using a custom trading platform and a $10 minimum deposit, see here.

BDSwiss (read review) is the most popular Binary Options & Forex broker in Europe. They offer the user friendly SpotOption platform and a $100 starter account. See more at: BDSwiss.com.

If you are interested in a trading robot, then you can use BinaryRobot365.com.

If you are currently trading with Olymp Trade, please share your experience with other new investors in the comments below.

Broker Open Account

Olymp Trade Review

Olymp Trade Logo

Olymp Trade is an established binary options broker that opened in 2014, offering their clients a unique binary options trading experience. Olymp Trade is owned by Smartex International Ltd., which is located at 103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles.

Contact phone number in Cyprus is: +357 22 007136, and their email address is: support-en@olymptrade.com, and for popular broker complaints read this.

Olymp Trade Review

We found during our extensive review of the broker Olymp Trade, that they are operating a unique binary options trading software. Getting started is very easy as you are automatically sent to their demo trading platform to test out the usability and interface.

They have a variety of Forex pairs, shares, commodities and market index available for trading. Standard payouts are 80% with the exception of Bitcoin which is currently at 45% due to its erratic volatility. As a global broker, their website is available in the following languages; Русский, English, ไทย, Bahasa, Indonesia, Português, Español and Türkçe.

Minimum deposit amount is only $10 for a standard trading account. If you are interested in their VIP accounts which increases the payouts to 90%, then the minimum deposit jumps to $2,000, see here.

Olymp Trade Binary Options Broker
Olymp Trade Binary Options Broker

Olymp Trade Regulatory Oversight

When the Scam Broker Investigator reviews a binary options broker to see if the broker is a scam or legitimate, we first check to see if they are licensed. It is easy to know if a broker is licensed if they display a license number from the FCA, FSB or ASIC.

Olymp Trade is registered with the Financial Commission which is an industry self regulatory organization, see here. Clients for Europe, United States, Canada and Australia are not allowed to trade at this broker.

You can find the complete list of licensed binary option brokers listed here.

Binary Option Robots

A lot of new binary options investors use an automated trading software or robot for trading, however most are get rich quick scams, read why.

You can see the most popular binary options robot now available see here.

Comparing Olymp Trade

Smart investors will compare at least 3 brokers before making a finally decision which broker to use. Look at the best broker list which is updated monthly, see here.

ExpertOption (read review) is a popular broker that is licensed by FMRCC, using a custom trading platform and a $10 minimum deposit, see here.

BDSwiss (read review) is the most popular Binary Options & Forex broker in Europe. They offer the user friendly SpotOption platform and a $100 starter account. See more at: BDSwiss.com.

If you are interested in a trading robot, then you can use BinaryRobot365.com.

If you are currently trading with Olymp Trade, please share your experience with other new investors in the comments below.

Broker Open Account

Reviewed by Scam Broker Reviews
  • logan

    Hi there, I’ve been trading with olymptrade.com for more than a year now and I’m really happy I chose them. A lot of people told me it was a bad idea to set up an account with a new broker, especially cause I decided to start with a large sum of money. But olymptrade.com seemed to be not only new but also promising. I’ve made up my mind that I’ll leave this broker the second they start messing with me. Thus far I’ve had no reasons for leaving.
    I’ve started trading with a demo account and then switched to the real one. Adding money to account is easy and fast.
    I didn’t really like olymptrade’s site, I thought they’d probably redesign it. But they left everything as it was. I think they don’t focus on their site cause they probably don’t find it really important. I can agree with that, the main thing is the trading platform and timely withdrawal, but a lot of people still look at the site and might jump to conclusions. I think they should make the site user friendly and informative.
    But the platform is really convenient and fast. I like it that I can choose between light and dark background, it’s really useful during the night. There are lot of trading instruments that can be moved to the upper panel. So I chose a couple of instruments that I actually use and switched off the other ones so that they don’t distract me. The instrument profitability here is up to 90%, but I have a VIP account, a regular one would be 80%.
    They withdraw profit pretty fast, which is a good thing, cause I hate waiting for withdrawal. I made a screenshot of my account transaction history but I can’t seem to attach it here. I hope my review is useful.