OlympTrade Review – Is it SCAM or LEGIT Broker? Review 2021 OlympTrade Review – Is it SCAM or LEGIT Broker? Review 2021

Min. Deposit10$ Demo Account Yes, FREE!
  • Rating
  • Free demo account with $10.000 virtual funds.
  • Trading app for Mobile (Android & iOS)
  • Olymp Trade is Safe, Secure, and Regulated by the International Financial Commission
  • Great customizable platform
  • Instruments: Fixed Time Trades
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Olymp trade is currently being sought and traded by many people every day. So what is Olymp trade? Is Olymp Trade a scam or reliability that has many such traders? How to trade Olymp trade and related questions will be shared by forexfanclub.com in this article: OlympTrade Review

What is Olymp Trade?

what is olymptrade?

Olymp trade is an online trading broker that allows you to trade many asset available. Olymp trade is more known for Fixed Time Trades. Because Fixed Time Trades at olymptrade is quite simple, you only predict the price of the asset will increase or decrease in a certain period time. You can trade and make profits on your phone, this is why the olymp trade community in the world is crowded.

OlympTrade Fixed Time Trades are one of the most high-profit instruments of financial markets. The point of trading is to predict the change in the price of a certain asset. For example: currency pair or a commodity. To make profit from a trade, you don’t need to know the exact price. What you need to do is forecast the rise or fall of the price. In other words, you will need to predict the chart direction (Up or Down).

How olymptrade Fixed Time Trades works

Is Olymp trade SCAM or LEGIT Broker?

Surely you will be interested in: Can withdraw money from olymp trade? Will my money in the account be guaranteed? . To have the most objective view in evaluating olymptrade broker The Forexfanclub will synthesize the information to help you answer the above questions.

Is Olymp brokers legal? Is my money safe?

The olymp trade broker was established in 2014, headquartered in Russia, managed by the Finacom financial committee. FinaCom will stand to resolve complaints or disputes arising with olymptrade to protect customers. Olymp Trade customers can claim up to $ 20,000 in case the broker shows signs of fraud.

In addition, olymp trade is also in the process of registering members of CySEC – a trusted financial management organization, which will stand out to protect customers when there is a financial complaint.

Can i withdraw money from olymp trade?

So far olymp trade has been in operation for 6 years, with more than 44 million users from many countries around the world. Without withdrawing money and without credibility whether olymptrade can exist so far. You can withdraw money quickly and easily using the same method you deposit. (Visa / Master Card, Neteller, Skrill, Local Bank …).

How do I register for Olymp trade?

You can open an Olymp trade account and use it for free on the Demo account. This is an account that helps you get acquainted and learn how to trade olymp trade completely free.

It is necessary to first register with a demo account and proceed to the real money account when you are fully equipped with the necessary trading skills. So, how do you open a demo account? Below is a step-by-step guide to help you through the registration process.

To open an olymp trade Demo account, access the following link: Visit Olymptrade

Or you can quickly register your account by entering the information and password you want to create your account in the form below:

Download the olymp trade app to trade anytime, anywhere

You can trading online at olymptrade broker on the website or pc app. But if you want to trade olymp trade anytime anywhere on your phone you can download the application here.

Download Olymptrade mobile android app

Download Olymptrade mobile ios app

How to trade at Olymptrade?

Olymp trade is always appreciated for Fixed Time Trades, so you can choose Fixed Time Trades on olymp trade to get started.

How to trade at olymptrade

The way to trade is quite simple: First, you need to log in to your olymp trade account, then you choose the type of asset you want to trade, Choose the time you want to end the trading (maybe from 1 minute) and the amount you want trading (only from 1 $). You predict the price will go up, then you press Increase and vice versa if you predict the asset will go down, you click Decrease. Wait for the time you have chosen ends, if you predict correctly you will receive your profits!

Video How to trade olymptrade step by step for beginners

How to deposit and withdraw money at olymp trade

How to deposit on olymptrade

Olymp trade also supports many other payment methods for you to choose: Via Visa / Master Card, Neteller, Skrill, Online bank transfer at local banks or Bitcoin.

Make a Deposit money on OlympTrade Step by step:

  • Step 1: Log in your Olymp Trade account and click Deposit
  • Step 2: Select a payment method at OlympTrade (Visa/Master card, Neteller, Skrill, Cryptocurrencies, WebMoney, FasaPay.
  • Step 3: Select which amount of money you want to deposit in your OlympTrade account. (and Choose activate a bonus or not).
  • Step 4: Confirm the payment

How to withdraw from olymptrade

To be able to withdraw money from the Olymp trade account to your bank account, you need to log in to your account then click on withdrawal. The method of making a deposit is the same as for withdrawal, This is the point that you need to keep in mind, so to make it simple and fast you should deposit and withdraw money by bank transfer (internet banking).

FAQ Olymp trade

  • Is opening an olymp trade account free?
    Yes, you can open an olymp trade demo account for free and use it for life
  • Can demo accounts be withdrawn?
    No, Olymptrade demo account is the account that helps you practice trading and experience olymptrade platform.
  • When can I trade Olymp trade?
    You can trade on Olymp trade anytime you want, including Saturdays and Sundays.
  • Are there any fees for depositing and withdrawing olymp trade?
    No, Olymptrade does not charge for depositing and withdrawing money, however, third parties such as banks and e-wallets may charge you for foreign currency conversion. You should use internet banking to deposit and withdraw money most conveniently.
  • Do I get any trading support?
    Yes, Whenever you have difficulties in trading or any questions you can contact olymptrade customer support by chat, email or phone. In addition, Olymp trade always organizes online trading courses through videos to help you learn how to trade effectively.
  • Can I make money from olymp trade?
    You can make money from trading olymptrade, but note that any form of financial investment is always risky. To be able to trade successfully you need to practice a lot on the demo account, Watch the instruction videos available on Olymp Trade platform for more experience on Olymp Trade.


So I have summarized the information to help you understand what is olymp trade, how to trade olymp trade and related issues. You can try your Demo account for free and make broker reviews. If you have any reviews or questions, you can discuss in this article so that other olymp trade learners will receive the most objective reviews. Effective trading!

11 bình luận
  1. I also fell a victim to this scam broker. They kept on asking me to deposit more money. Then they stopped picking up my calls and doesn’t reply my mails. After loosing more money. Finally I have gotten back all my lost fund and bonus from CFD stocks. They stocked all my trading capital and deprived me access into my account for over two months now after I’ve invested $70, 000 with them. Thought I was not gonna see this day, but as God may have it, today I’ve got back all my money  for real with the help of professional. Lesson learnt! I’m happy to share my experience.

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  3. it was a success, I got my lost funds recovered am happy to share my experience so far in trading binary options have been losing and finding it difficult to make a profit in trading for long, traded with different trading companies but I couldn’t earn profits and I ended up losing the whole live-saving I gave up on trading until I meet [Raymond Susy ] who help me and gave me the right strategy and winning signals to trade and earning process and also I was able to get all my lost fund back from all the brokers and trading companies I traded with, now I can make profits anytime I place a trade through her amazing masterclass strategy feel free to email her on mail {Raymondsusy39@gmail.com} her WhatsApp contact +351964978799

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  8. What I like best of all is that this broker gives a choice between leverage and multipliers when it comes to trading Forex. As for its popular fixed-time trading offer, I’m not interested in it because it’s not convenient for me to work with expiration. I’m just afraid that there may be a sudden drawdown capable of knocking out my trade due to the improper expiration. As a Forex trader, I know that there might be a series of drawdowns on the way of the market direction forecast by me correctly. So, I can correctly forecast where it go, but it may occasionally kick me out of the market due to that damn expiration. When trading Forex, I would easily withstand drawdowns if they were planned by me. Fixed-time trading makes it impossible and gives me an unpleasant association with gambling.
    On the other hand, as a Forex broker, Olymp is really good. As I told above, it allows to trade with either with leverage on Metatrader 4 or with multipliers on their web platform. With multipliers, you can restrict your risk. When you choose a multiplier value, you set the desired leverage and you also choose a fixed amount for your transaction. So, with multipliers, you can’t lose the whole depo in one trade. That fixed amount would be your only loss if your market forecast is wrong.

  9. Can you give us some proof of what you are saying? So that we can see that this is the truth and not PR for some service? For example, screenshots of correspondence with the support service of Olymp Trade. Or your account statements, screenshots of withdrawal requests. Anything at all?
    Because I can find dozens of similar ads on every broker’s branch. It seems to me that this is just business. And those who promise to return the deposit are usually scammers themselves.

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