Olymp Trade Overview
| Website | olymptrade.com |
| Year Founded | 2014 |
| Countries of Registration | Vanuatu, Malta, Cyprus |
| Website Languages | English, Russian, Spanish, Portuguese, Indonesian, Hindi, Vietnamese, Thai, Turkish, Malay, Arabic, French, Korean, Urdu |
| Regulators | VFSC |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $10 |
| Account Currencies | USD, EUR, USDT |
| Spread | high |
| Trading Platforms | Olymp Trade |
| Trading Assets | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite |
Brief look at Olymp Trade
Olymp Trade is a multi-asset broker founded in 2014 and best known for its low $10 entry threshold, proprietary all-in-one platform and dual modes: Fixed-Time Trades (FTT) and Forex. The broker is a Category A member of the International Financial Commission, giving clients access to a €20 000 compensation fund in case of disputes. Although not overseen by top-tier regulators, Olymp Trade attracts beginners with an unlimited demo, negative-balance protection and more than 100 instruments across seven markets. At the same time, higher trading costs on Forex contracts and geo-restrictions for US, UK and most EU residents limit its appeal to seasoned professionals.
Pros
- Ultra-low $10 minimum deposit and $1 trade size
- Proprietary web, desktop and mobile platform with intuitive UI
- Membership of the Financial Commission with €20 000 compensation
- Unlimited, refillable demo account
- Over 100 instruments across 7 asset classes
- Negative balance protection and fast withdrawals
Cons
- No MT4/MT5 or cTrader support
- Not regulated by FCA, ASIC or CySEC
- Forex mode charges commission on each trade
Is Olymp Trade available in my country?
We just checked and
Olymp Trade doesn't accept clients from United States!
Your capital is at risk
Olymp Trade Reviews
I've been using Olymp Trade for a few months now and I'm quite satisfied with their platform. The demo account was a great way to practice before I made my minimum deposit. The withdrawal time is reasonable, and the app is user-friendly. Overall, I would recommend it to new traders.
3/15/2025Olymp Trade has exceeded my expectations. The variety of account types is impressive, and I love the leverage options they provide. I've also enjoyed trading forex with their platform. The sign-up process was smooth, and I received a nice bonus to start off with.
4/2/2025While I appreciate the features of Olymp Trade, I found the spread to be a bit higher than I expected. The demo account is useful, but I wish the withdrawal time was faster. Overall, it's a decent broker but there's room for improvement.
4/20/2025I've had a positive experience with Olymp Trade so far. The login process is straightforward, and I can easily download their app on my phone. I really enjoy the platform functionality for trading. It's nice to see a broker that offers rebates on certain trades too.
5/5/2025Olymp Trade is a solid broker for both beginners and experienced traders. The minimum deposit is quite low, making it accessible. I've been using their app for trading, and it’s very convenient. Overall, a good platform for anyone looking to get into trading.
5/12/2025Leave a Review
Is Olymp Trade regulated?
| Companies | Aollikus Limited, Visepoint Limited, Martique Limited |
| Countries | Vanuatu, Malta, Cyprus |
| Regulators | VFSC |
| Investor Protection | FinancialCommission.org |
| Investor Protection Size | €20 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Olymp Trade Account Types
| Property | Forex |
|---|---|
| Min Deposit | $10 |
| Lot Size | 0.01 lots |
| Spread Type | Fixed |
| Execution | Instant |
| Min Spread | 2 pips |
| Fee | $8 per 1 lot |
| Max Leverage | 1:500 |
| Stop Out | 100% |
| Margin Call | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
| Account | Fixed Time |
|---|---|
| Minimum Deposit | $10 |
| Option Types | Call/Put (FTT), Quickler |
| Minimum Stake | $1 |
| Payout | from 10% to 93% |
| Expiration Time | from 5 seconds to 23 hours |
Olymp Trade Funding and Fees
| Base currencies | USD, EUR, USDT |
| Deposit and withdrawal methods | Visa/MasterCard, Maestro, UnionPay, Bank Wire, Neteller, Skrill, WebMoney, Perfect Money, Volet.com, Binance Pay, Bitcoin (BTC), Tether (USDT), Shiba Inu (SHIB), Dogecoin (DOGE), Solana (SOL), Polygon (MATIC), Dai (DAI), Binance Coin (BNB), TRON (TRX), USD Coin (USDC), XRP (XRP) |
| Inactivity fee | $10 per month after 3 months |
| Interest on margin | |
| Withdrawal Fee |
Olymp Trade Trading Platforms and Conditions
| Trading Platforms | Olymp Trade |
| Execution Speed | 80 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | high |
Olymp Trade Trading Assets
| Currencies | 28 |
| Indices | 11 |
| Stocks | 33 |
| Cryptocurrencies | 19 |
| Bonds | 0 |
| Metals | 2 |
| Energies | 1 |
| Soft Commodities | 0 |
| ETFs | 6 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Olymp Trade Support
Olymp Trade Alternatives
| Broker | Olymp Trade | OctaFX | IQ Option | Expert Option | Exness |
|---|---|---|---|---|---|
| Type | MM | ECN | MM | MM | MM, STP, ECN |
| Minimum Deposit | $10 | $25 | $10 | $10 | $10 |
| Regulators | VFSC | FSC, MISA, CySEC | CySEC, SVGFSA | SVGFSA | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA |
| Platforms | Olymp Trade | MetaTrader 4 (MT4), MetaTrader 5 (MT5), OctaTrader | Quadcode | ExpertOption | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | high | average | average | low | low |
| Leverage | 1:500 | 1:1000 | 1:500 | 1:1 | 1:2000 |
| Assets | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies |
