Olymp Trade is surely an online broker which has been offering digital options and currency trading since 2014. This broker is regulated with the IFC and it has over 25,000 traders employing their platform everyday.

But sometimes this options broker be trusted or could they be just a scam? Continue reading this article Olymp Trade review to learn reality.
Trading Platform
Olymp is easy to navigate and very user-friendly. The woking platform looks neat and organized, with links making it no problem finding what you are looking for. You have access to Olymp Trade three different ways.
1. Their main website
2. A desktop application (readily available for both Windows and Mac)
3. Phone application (both for Android and iOS)
Opening your trades from anywhere by way of a phone app is extremely convenient. This is especially thinking about the site specializes in fast, short-term trades. Their mobile app is responsive and contains precisely the same capabilities in the desktop and web version. Put simply, trading from other phones are certainly not getting left behind.
The Olymp Trade website is very straightforward, displaying precisely what you need to track your trades and stay successful. They present a clear, straightforward trade chart on the main page. You can see the timing and amounts plus the chart, rendering it simple to immediately understand. You can also customize the charts by choosing the sort of graph and color. On the base in the page, there’s facts about open and closed trades and also a help chat. The look allows users to see only what they really want in a easy and clear presentation.
Countries and Availability
Olymp Trade isn’t supported in the United States, Australia, Canada, EU, UK, Japan, or Israel. Olymp Trade is surely an international broker service obtainable in the next regions:
• India
• Pakistan
• Middle East
• North Africa
• Latin America
• Southeast Asia
To fit the needs of their large international market Olymp Trade is available in the following languages:
• English
• Spanish
• Arabic
• Chinese
• Thai
• Vietnamese
• Portuguese
• Malay
• Indonesian
• Hindi
Beginner Friendly

Probably the most unique aspects of Olymp Trade is its give attention to education for beginner traders. They are adamant about trading not merely being for professionals, but because an easily accessible income or hobby for everyone. Their free educational training is targeted on teaching strategy-based trading. They help familiarize users with all the world of finance and ways to think like a trader. Members gain access to education in the form of:
• Interactive courses
• Strategies from experienced financial analysts
• Video tutorials and webinars
They will offer courses tailored towards experienced traders. More advanced classes give attention to analyst webinars. These teach essentials like managing capital and trading strategies for the actual market.
Another feature of Olymp Trade which makes it accessible for beginners is their low deposits. The minimum deposit is placed at $10, and the minimum trade amount is $1. Newbies don’t need to be worried about losing a sizable investment. They’re able to make safe trades until they feel more comfortable.
Temporary Trades
Olymp Trade is targeted on short-term trades. These positions might be held at as short as Just a few seconds to three hours. The working platform allows traders to pick a unique expiration time. Thus giving users with additional hold over their trade. Glowing cancel a losing trade at any time. These unique features help beginning traders to get their foot in the door.
Free Demo
In addition to training materials, Olymp Trade offers free practise accounts. Once you register, you get entry to 10,000 virtual coins to try out around with. By doing this, you do not risk losing any real cash whilst getting within the learning curve. The demo account can be another valuable feature for knowledgeable traders to acquire a feel for the interface. You can see when it is best for you and never have to invest real currency.
Varieties of Accounts
Following your initial demo account, there’s 2 different alternatives for accounts. You can look at these out when you are able to start investing real cash.

Standard
To open a regular account, you will need to deposit no less than $10. Yes, it is a very low minimum. Investors can trade at the least $1 plus a more $2,000. The minimum amount for withdrawal is $10, and there’s maximum. It is possible to only make one withdrawal for day. Withdrawals take around 72 hours to process.
VIP
To be entitled to a VIP account, you must deposit at the very least $2,000. This account provides additional benefits the standard account doesn’t offer. The VIP account ups your maximum trading total $5,000. Another huge benefit is usage of a VIP consultant. VIP consultants are leading, experienced financial analysts. This also paves the way to additional tools to aid in your education and understanding of trading.
Security and Regulation
Prior to buying a binary options broker, your main concerns must be their security. You shouldn’t invest your money which has a site where you do not feel safe. In February of 2016, Olymp Trade became an A-recognized person in the International Financial Commision (FinaCom). FinaCom can be an organization that secures investors. When utilizing a platform secured by FinaCom, any unlawful acts are addressed by as much as $20,000.
It’s also crucial that you seek out well-established platforms. Olymp Trade has around 25,000 people trading every single day along with a $171 million monthly turnover. They also have won numerous accolades including:
• Fastest Growing Broker – ShowFx World 2016
• Best Options Broker – Forex Expo 2017
• Best Financial Broker – CPA Life Awards 2017
• Best Trading options Platform – Le Fonti 2018
Assets
Experienced traders could find the volume of assets limiting. However, it is convenient and not overwhelming for those getting their feet wet in the realm of trading. It’s up to you if you wish to concentrate on one particular asset or choose a full gang of assets. They currently offer 79 financial instruments, including:
• 36 currency pairs
• 5 ETFs
• 9 cryptocurrencies
• 13 stocks
• 6 commodities
• 10 indices

Olymp Trade accepts deposits through the following methods:
• Credit and an atm card
• Bank wire transfer
• E-payments for example Skrill and Neteller
• Cryptocurrency such as Bitcoin
Depositing is free without extra charges, with all the minimum deposit being $10. As a result your website readily available to everyone and a start for beginners. Funds deposit relatively fast, but wire transfers take more time than other methods. Cryptocurrency is likely to deposit the best.
Withdrawals
The maximum withdrawal amount depends on regardless of whether you possess a VIP or standard account, with all the minimum always remaining at $10. Your funds go back to whatever payment method you utilized to deposit the cash. Both standard and VIP members enjoy fast withdrawal processing times. Withdrawals take One day to a few days for standard investors. It takes merely several hours for VIP investors.
Negative Complaints
Some negative Olymp Trade reviews claimed difficulties with withdrawing their funds. Most of these issues may be resolved if you make sure your bank account is fully verified. This simply involves having your entire required information that is personal on file. The following steps are required to verify your bank account and begin receiving payouts.
1. Uploading photo identification from an ID or passport. The photo have to be out of your shoulders up and completely visible.
2. If you’re using a credit or debit card, you’ll want to scan the card you will be using. The name, first 6 and last 4 digits must be visible. You only need to upload the leading of the card not the back.
3. If you’re using an electronic digital wallet (ex. Skrill), an image of your electronic digital purse is needed.
Trade Types and Payouts
A lot of companies offer 6 or 7 trading options for example one touch, long-term, ladders, and call/put options. Olymp Trade only offers high/low trading. High/low trading expiry times are limited to some more One day and therefore are well suited for beginner traders. Standard investors have 82% successful trade payout while VIP investors have 92%.
Customer Service
Customer support can be acquired 24/7 via email, live chat, or phone. Using a VIP account, your support experience is even more phenomenal. In part, for the reason that Olymp Trade is maintained by FinaCom. When they tend not to resolve a problem after Fourteen days, you’ll be able to file a dispute with FinaCom. Customer support is often fast to eliminate any issues before it reaches now.
Olymp Trade Review Conclusion – Conclusion
Experienced investors may be disappointed together with the deficiency of assets and trading options. However, Olymp Trade could be a handy alternative for someone searching for binary trading with mobile options. The interface is made with new traders in mind, spending some time to formulate education and an immersive demo. The limited options causes it to be less intimidating for starters to jump into trading. Even the uncluttered, simple design and occasional deposit requirements make it a stylish choice for anyone wanting to get into trading.

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