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Olymptrade Reviews

3.9 Rating 507 Reviews
77 %
of reviewers recommend Olymptrade
3.9
Based on 507 reviews
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Delivery Methods
Courier
Customer Service
Communication Channels
Live Chat, Email, Telephone
Queries Resolved In
Under An Hour
Returns & Refunds
Refunds Process
Very Easy
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Anonymous
Anonymous  // 01/01/2019
i want to say thanks to all olymptrade team cause only now i start to earn my first money and it give me so much freedom so now i can help my family and friends with domestic issues. its was a long journey but the first step is the hardest one
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Posted 3 years ago
Hello, Rider! We are glad to hear that Olymp Trade has helped you achieve your dreams. Trading is definitely a long journey. It takes time and patience. It makes us very happy that you trusted our platform and that your hard work has finally started paying off. Best regards, Olymp Trade team.
Posted 3 years ago
FINACOM ONCE SAVED MY DEPO THAT WAS DRAINED BY SCAM-BROKER. THAT'S WHY I'M SURE IN OLYMP TRADE!
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Posted 3 years ago
Hi, Chinja Thaker! Thank you for sharing your story. We are proud that successfully passed all of the stages of checking the financial commission of FinaCom https://financialcommission.org/olymp-trade/ Because we were recognized as a safe, modern, and worthy broker. Have a fruitful trading! Best regards, Olymp Trade team.
Posted 3 years ago
Started trading here recently. I remember with a smile that my friends tried to talk me out of it. They said Olymp Trade is a scam and stuff like that... weird stuff. frankly t I still dunno understand why theythink that way as it's not true I was able to prove to everybody that trading with Olymp Trade forex is a transparent and you can make good money. but you have to go a certain way first. All traders understand that and if you've lost something, you should not get upset. This is experience and training. In fact, I think that the best training is learning via trading real money. you have to train your emotions and strengthen your mindset. A lot depends on it... I'm sure any professional trader will tell you the same thing. Demo trading is necessary to study the trading platform... By the way... the Olymp Trade trading platform is very easy to understand. That's one of the main reasons why I trade here...
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Posted 3 years ago
Hi, Cecil Kumaresan Thank you for sharing your experience with Olymp Trade! We're glad to hear that you proved your friends wrong and found success trading with us. It's great to know that you appreciate the transparency and the potential for profitability on our platform. Trading does come with its learning curve, and we agree that real money trading can provide valuable experience and emotional training. We're also pleased to hear that you find our platform easy to understand, making your trading journey smoother. Happy trading! Best regards, The Olymp Trade Team
Posted 1 year ago
Frankly speaking olymp trade didn't impress that much buuuuut I found her something new. This is FTT among with Forex, it's fabulous!!
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Posted 3 years ago
Hi, Girdit Thank you for sharing your thoughts! We appreciate your honest feedback and are glad to hear that you found something new and exciting with Fixed Time Trading (FTT) alongside Forex on our platform. It's fantastic to know that you find this combination fabulous! We strive to offer diverse and innovative trading options to meet our traders' needs. If you have any suggestions or need assistance, please feel free to reach out. We’re here to support you. Happy trading! Best regards, The Olymp Trade Team
Posted 1 year ago
Olymp trade attracted me by the totally new way of trading. It's called fixed time trading or FTT as traders got used to pronounce it. I have never trusted such types of trading because they seemed to me pretty weird, however when I found out about olymp trade and explored all the conditions which it offers- I decided ti try it out. Fortunately, everything was okay. I can state that this type x doesn't differ from traditional forex trading. The main distinguishing trait is that here delays are opened on the certain amount of time, for example 5 min. That's all. Don't be shy to try it out. GLHF
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Posted 3 years ago
Hi, Jamshed Thank you for sharing your experience with Olymp Trade! We're glad to hear that you found Fixed Time Trading (FTT) to be a positive and exciting addition to your trading activities. It's wonderful that you decided to try it out and discovered that it can be just as rewarding as traditional Forex trading. FTT's unique feature of opening trades for a set amount of time, like 5 minutes, offers a new approach that many traders find beneficial. We appreciate your encouragement to others to give it a try. Happy trading! Best regards, The Olymp Trade Team
Posted 1 year ago
Olymp Trade has welcome bonuses for new users. It’s a nice additional thing to start trading. So, the deposited amount is doubled. Bonuses are used after the deposited money is used fully. But keep in mind that after a withdrawal of any amount of money from your account, all bonuses will no longer be available to use.
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Posted 3 years ago
Hi there, Endra Rajasa! Thank you for noting our bonus system. We understand that it is important for the user to feel safe throughout the entire trading process. With bonuses, you will be able to get a profit, even if the trade did not go according to plan. Have a successful trading! Best regards, Olymp Trade team.
Posted 3 years ago
I’m in the process of exploring this broker’s platform. On one hand, fixed amounts and multipliers are very easy to use but there are also pitfalls for those who worked with classical platforms only. This tool requires special attention. Some folks think it’s so easy to trade fixed amounts but you need some practice to choose an optimal size of fixed amount to earn the desired profit and survive a possible pullback. However, for me it’s a very fun and interesting thing to explore and master and I do this with great enthusiasm.
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Posted 3 years ago
Hello dear, Trung! Thanks for leaving us such a thoughtful review. Usually, we advise new traders to study risk management before entering the market. Sometimes trading does not go according to plan and it is important to survive a possible pullback. Also, the experience and knowledge that you gain over time will help you minimize possible risks. It's great that you are enjoying exploring and mastering trading. Keep up the good work, your attitude is highly motivating! Best regards, Olymp Trade team.
Posted 3 years ago
It's always a pleasure to read about the success stories of trading with Olymp trade broker. They are all very individual and unique. After all, FTTs are generally accessible. It doesn't matter whether you are male or female, what age you are or what education you have. A little patience, diligence and you will be able to write about your own positive experience. For example, I really like technical support from a broker, I was not very clear about some technical points and they were quick to help me. Yes, it would be better if they would increase the percentage of profitability because some assets have this percentage below 80%, but despite this point, this is the best broker.
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Posted 3 years ago
Greetings, Ziraldo Soares! Thank you so much for taking the time to leave an excellent rating. Diligence and patience bear fruit in trading. We agree with you. It's great to hear that you enjoyed interacting with our support team. You can affect the percentage of profitability depending on the status of the platform. You can read more about it at the link: https://olymptrade.com/statuses Feel free to reach out to us if any other questions emerge, we will be glad to help. Keep up the good work, your attitude is highly motivating! Best regards, Olymp Trade team.
Posted 3 years ago
So it's 4th time I'm writing my review for these scam broker. I made a withdrawal of 1831$ on 27-11-2021 and yet to date i haven't received my funds in my bank account, i have contacted them for too many times but each and every time they lied and made excuses, apologized but they never solved my issue, i have provided them my bank statement whenever they asked, visited my bank around 10 times but my bankers always got me with same answer after checking my account that sir you've been fooled by those broker there's no any payment deposited in your account and your account is fully functional. So i suggest everyone please don't let olymp trade fool you, the way they fooled me and scammed me. Save your money and never invest a single penny on there's fraudulent platform. My details are: Olymp trade ID: 68628796 Withdrawal amount: 1831$ Withdrawal made on: 27-11-2021
Helpful Report
Posted 3 years ago
Hello, dear Faheem Ali! Thanks for reaching out. We are sorry that you are experiencing such a situation. Withdraw funds, this is not only Olymp Trade and you, there are also banks, payment systems, and aggregators. The financial system is not ideal, that's why such things sometimes happen. We have sent your 1,831.00 USD withdrawal on November 27. We created a task for the Financial Department to provide the transaction reference document. The bank will help you with this document to track the withdrawal transaction with your bank. Unfortunately, without this document, the bank's employees will not be able to provide you with comprehensive support. At the moment we are waiting for a response from the payment aggregator. Your task is a priority for us, so our support team contacts you regularly and keeps you informed. You can rely on us. Our company takes care of traders and fulfills its obligations. We are kindly asking you to keep from spreading false information since we are doing everything to solve this out. Best regards, Olymp Trade team.
Posted 3 years ago
Basically, when I was choosing a broker I have several criteria which broker should own. I chose this company because it complies with my basic needs. However, I don't really like the layout of the platform. Could do better!
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Posted 3 years ago
Hello, dear Cong Danh! Thank you for the review! It's nice to hear that our platform meets your high standards. Kindly describe your vision in more detail. We want to understand your idea and send it to the appropriate department to take into account your wishes for the next update. Best regards, Olymp Trade team.
Posted 3 years ago
My overall experience of trading with olymp trade is more positive than negative. The broker has a decent trading platform which is really convenient for my trading style, there are no spreads and only commissions which are predictable and which can be included in your trading planning. There are many assets to trade which expands the trading opportunities and make my trading more profitable. The only thing I don't really like is the withdrawal speed. I wish it were faster, to tell you the truth.
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Posted 3 years ago
Hello dear, Ricardo Contreras! Thank you so much for taking the time to provide feedback. It's brilliant that our platform is convenient for your trading style. We are glad to expand your trading opportunities with new assets. It's great that your trading becomes more profitable due to the variety of assets on the platform. Funds are withdrawn on our platform usually within 24 hours. However, on rare occasions, the process may take up to 5 working days. We wish you prosperous trading! Best regards, Olymp Trade team.
Posted 3 years ago
Olymp trade is the broker which can be worked with. First of all, it is a regulated broker which means that you money is safe if you make up your mind to deposit it on your trading account. Secondly, trading conditions are pretty good there. 82-90% payouts on fixed time trades are above average for the industy as I believe. Perhaps you can find a better deal in this regard, yet, not with a regulated broker. Olymp is regulated! Finally, I really like the trading platform which olymp trade has made. It is very easy to navigate and pretty convenient to use.
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Posted 3 years ago
Hi there, Francisco Moreno! Thanks so much for your thoughtful and detailed review. We can not agree more, safety is an essential matter. That is why our platform is regulated by the Financial Commission which speaks of our safety and trustworthiness. It is valuable for us to provide comfortable and favorable conditions for trading. It's also nice to hear that you have noted the simplicity and functionality of the platform's design. Wish you a productive trading! Best regards, Olymp Trade team.
Posted 3 years ago
I made a withdrawal of 1831$ on 27-11-2021 and today is 28-01-2022 so it's been more than 2 months they didn't released my withdrawal, i have wrote them emails, called them on their phone, chatted on their customer representative on their app but none of them helped, i have contacted them around 100 times and they always got me same answer that "a task has been created and our finance team is working on it" i have been hearing above statement from day 5th when i made withdrawal but they never solved my issue. They cheated me and lied me everytime. They're not trusted broker so stay away from these scammers Olymp Trade ID: 68628796 Withdrawal amount: 1831$ Withdrawal made on: 27-11-2021
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Posted 3 years ago
Greetings, Faheem Ali! Thank you for keeping us informed. We are sorry to hear of your less than satisfactory experience and hope you will accept our sincerest apologies. We are committed to providing great customer service and we would like to make things right. Unfortunately, we are still waiting for a response from the Payment Aggregator. Its confirmation is required for this withdrawal of funds. As soon as we receive a response from the Payment Aggregator, the case will be resolved. Such situations are rare for us. Therefore your task has a special priority for us. We are doing everything to speed up your withdrawal process. Kindly refrain from spreading false information. We hope for your understanding. Best regards, Olymp Trade team.
Posted 3 years ago
Signed up due to the ad in mobile app. Actually, this was the very first broker which I use and I can say I'm totally hooked with trading now.
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Posted 3 years ago
Hi there, Lumi! Thank you for the review. It's great that you've found a new hobby. We wish you good trading with Olymp Trade! Best regards, Olymp Trade team.
Posted 3 years ago
The thing that attracts me in this broker best of all is the possibility to trade with fixed amounts. It’s very suitable. First, it allows to enter the market rationally. I mean that I can allocate strictly a part of your depo to enter the market. You can’t lose more than this particular invested fixed amount. Even if you forget to place a stop-loss order, this fixed amount will be your only loss. Secondly, I can trade without stops. It’s very suitable. All I need to do is to choose a fixed amount correctly to survive a pullback, if I expect any.
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Posted 3 years ago
Hello dear, Binoya Sandhu! Seeing that you had a 5-Star experience is the best thing we could hope for! Your review means a lot to us. Thаnk you for mentioning the ability to trade fixed amounts. Risk management is definitely an important part of trading. It provides traders with the ability to аvoid huge losses. Our goаl is to provide our clients with the bеst and make trading easier for them. We wish you good trading with Olymp Trade! Best regards, Olymp Trade team.
Posted 3 years ago
Three years ago I became interested in trading in the financial markets. I really wanted to try it, but it seemed very complicated. A friend advised me of a technically simple trading option called trading with FTT. The essence of this type of trading is that you can open trades up or down and choose an expiration time. You do not have to wait for the price to reach any level, after the time you specified when you opened the position you will make a profit or loss, even if the price moves by 1 point. I learned how to make money here. It's all very interesting.
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Posted 4 years ago
Hello, Boswyn! Thank you for appreciating our effort to provide our customers with a simple and easy-to-understand platform so everyone can benefit from it. Providing our clients with ease of use is our aim and our teams put in all the effort to make sure we meet your expectations. Therefore, your kind words mean the world to us. We hope to keep living up to your expectations. Happy Trading! Best regards, Olymp Trade team.
Posted 4 years ago
This broker attracted me with web platform. I heard that it allowed to trade in a way different from classical platforms. Once I came to the platform I saw that it was the truth. What I appreciate most here is that I don’t need to put the whole depo at risk. Here I enter the market with a fixed amount and nothing bad will happen even if I forget to place a stop-loss order because here the invested fixed amount will be my maximum loss.
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Posted 4 years ago
Hi, Tedi Dongoran! Thanks so much for your thoughtful and detailed review. It's great that you enjoy trading with our platform. You correctly noticed that you will don't lose more than the amount of the deal in case of an unsuccessful deal. We are pleased to hear that this makes you feel safe. We wish you prosperous trading! Best regards, Olymp Trade team.
Posted 4 years ago
I'm facing a withdraw issue, made a withdrawal of 1831$ on 27-11-2021 and while I'm writing this review it is 28 of December so it's been more than 30 days since I'm waiting for my withdraw but every time I'm getting fake hopes and promises so much disappointed from them, I already have contacted their customer support for around 100 times and each and every time they got me with same answer that "A task has been created for your withdraw and our finance team is working on it" I'm regularly contacting them for my withdraw and yesterday on 27th December they asked me for my bank statement and i sent them my bank statement within 10 minutes, now I'm still waiting for my withdraw, Please raise my voice to Olymp Trade so that i can get my withdraw, Olymp Trade User ID: 68628796 Withdraw Made: 1831$ Withdraw Date: 27-11-2021
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Posted 4 years ago
Hello dear, Faheem Ali! Thank you for contacting us. Your review is very concerning to us. Our support specialists will do their best to speed up the resolution process. We understand that a long wait can lead to negative emotions, but we kindly ask you to wait. Your withdrawal task has been assigned a high priority. The task will be solved as soon as we receive a response from the Payment Aggregator. We will also contact you when we complete the task and update this review. We hope that you will reconsider your opinion of the platform in the future. Best regards, Olymp Trade team.
Posted 4 years ago
It’s a great luck for me that I have found this broker because its web platform is very advantageous. It allows me to build an effective trading strategy based on a flexible approach to risk. By increasing a multiplier value and choosing a bigger fixed amount, I can trade with greater risk. I enter the market with these parameters when I’m absolutely confident in my market forecast. On the contrary, when I’m uncertain about the marke situation, I choose a smaller fixed amount and a smaller multiplier value.
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Posted 4 years ago
Hello dear, Miguel! Thanks for taking the time to share your thoughts and feedback with us. It's nice to hear that you are enjoying trade with Olymp Trade. It's great that you like trading with a multiplier. We approve of your serious and careful approach. It is important for us that our traders have all the instruments needed for practice to establish an individual trading style. Keep up the good work! Best regards, Olymp Trade team.
Posted 4 years ago
This broker attracted me with its alternative trading system. It’s very suitable for me to trade here because I have a possibility to trade more or less risky and I can make all the necessary tweaks with a single click. Here I’m talking about leverage and lot size. You know when trading on classical trading platforms such as Metatraders, you have to got to your personal office on the broker’s site to change leverage size. It’s a very time-consuming thing. Here I choose the required multiplier value and trade with the desired leverage size. As for fixed amounts, they act as a lot size here. For example, you choose to invest ten bucks - the minimum deposit amount here and this amount will be your lot and you can’t lose more than ten bucks even if you forget to place stops. With this system, I don’t bother to place stops because they are not required any longer. Instead, I try to forecast the extend of a probable pullback and choose a fixed amount accordingly.
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Posted 4 years ago
Hello dear, Sheddy! Thanks so much for your thoughtful and detailed review. We are glad that you are comfortable working on the Olymp Trade platform. You are absolutely right. The trader is able to manage a position that is greater than the sum of funds at his disposal. You can make your trading more or less risky. A multiplier is a tool that allows increasing your trade's profit potential. However, the losses will never exceed the size of your investment. We wish you prosperous trading! Best regards, Olymp Trade team.
Posted 4 years ago
Olymptrade is rated 3.9 based on 507 reviews