I am relatively new to Olymptrade's platform and honestly I am impressed how advanced their trading app is. I have been trading for more than a month, and still discovering new features, tools or gadgets.
The last things that I added to my arsenal were the trading signals, which are available upon activation for the instruments you wish to receive signals. It is shown directly on the chart so you can't miss it… all you need to do is to decide whether or not to use it and open a position.
So far, they proved to be quite accurate for Bitcoin. And there are different ranges of signals, for short-term trades, but also for long-term trades.
It wa'snt until I opened a real account here that I found so many helpful materials on the market fundamentals. I must admit I did overlook this aspect being a way too focused on the tech analysis. However, this chapter of knowledge could be read on some other app but here at olymptrade it is so comfortable to try it on practice
Hello Nafiss,
Thank you for reaching out and sharing your experience! We're thrilled to hear that you found our educational materials on market fundamentals helpful. At Olymptrade, we aim to provide a well-rounded trading environment where you can combine learning with practical application. It's great to see how you're integrating this knowledge into your trading journey. If you ever have questions or need further support, don't hesitate to reach out. Keep exploring and growing as a trader!
Best regards, the Olymptrade team.
I took a usual path, from training acc to real one, to determine the platform that suits me. Yea, it was comfortable one, tho some features should be worked on, not critical🤷
Hello Rudransh,
Thank you for sharing your journey with Olymptrade! We’re glad to hear that transitioning from a demo account to a real account has been a comfortable experience for you. We also appreciate your feedback about improving some features. Your input helps us grow and make the platform even better. If you have specific suggestions, feel free to share them with us. Wishing you success in your trading journey!
Best regards, the Olymptrade team
This is too addictive, you won't be able to stop. They optimized it so the trades are fast, they are 1-click, and I can just continue to go, go, go. In my Olymptrade review I want to warn you that it's very hard to stop. For me, I do it by setting a budget - no more than $70 per day, for trading in timed mode. But sometimes I still go for $100 or more, if the day is going well and the trend is very clear.
NEVER trade before closing times though, that one burned me a lot. Bad every time, there's no predicting it.
Hello, Shan A.
Thank you for sharing your honest review and experience with Olymptrade. It’s insightful and highlights an important aspect of trading: maintaining discipline and managing risks.
Trading can indeed be exciting, but as you pointed out, it’s crucial to set clear budgets and stick to them. Your strategy of limiting daily spending and avoiding trades near market closing times is a great way to keep control. Discipline is one of the most important skills for any trader to develop.
We also encourage using tools like trading journals, risk management features, or even setting platform limits to support responsible trading. If you ever feel the need for additional guidance or resources, our educational materials and support team are here to help.
Thank you again for your thoughtful warning and for sharing your strategies with others. Wishing you all the best in your trading journey! 📈💡
Best regards, Olymptrade team.
This platform is a complete scam, and I regret ever trusting them. As soon as I started making consistent profits, they locked my account and refused to process my withdrawals. When I tried to address the issue in their public chat, they banned me without any justification. It's clear they only want your deposits and have no intention of letting you withdraw your earnings. They hide behind ambiguous rules to justify their theft. Please, do not fall for their tricks—this platform is fraudulent, and I hope more people speak out to hold them accountable.
UPDATE:
After months of frustration, I got my money back from this scam exchange with the help of a recovery agency. If you need assistance, reach out to me via the email address on my profile.
Hello Benjamin,
We’re sorry to hear about your experience. At Olymptrade, we are committed to providing a fair and transparent trading environment for all users. Account restrictions or withdrawal delays are typically related to verification procedures, security checks, or policy compliance.
To assist you further, please provide your Olymptrade account ID, and we will escalate your case for a detailed review. If you have already contacted our support team, we encourage you to follow up through official channels so we can resolve this issue as soon as possible. Your feedback is important to us, and we appreciate your patience.
Best regards, the Olymptrade team.
Peronally, I feel like most timed trading platforms are similar, in terms of features. Olymptrade maybe safer because it is a lot older, but then again, some other ones have better design and more 'hip' style, especially in the apps. I go for olymptrade, personally, because its just easier. There's only two taps, and I can already trade. It takes like scroling and entering passowrds and all that, with other apps. I tried to test them all, they get recommended to me by the algorithms, but its just horrible.
The way I trade, with just looking at chart and one tap, Olymptrade takes the cake. If I would be painstakingly setting up Fibo lines and setting up different tools for each asset, I maybe would look for something else. So have to look at your use case and what you like.
Hi there, Keshav M.
Thank you so much for your thoughtful feedback and for choosing Olymptrade as your trading platform. We’re thrilled to hear that the simplicity and ease of use of our platform make your trading experience smoother and more enjoyable.
We designed Olymptrade with traders like you in mind, ensuring that getting started is as intuitive as possible while still offering the tools and features needed to grow your skills. We understand that everyone has their own trading style, and we’re glad our platform fits well with your approach.
If you ever feel like exploring advanced tools or learning new strategies, our platform offers educational resources and features to help you level up whenever you’re ready.
Thanks again for sharing your experience, and happy trading! If you ever have questions or ideas for improvement, we’d love to hear from you.
Best regards,
The Olymptrade Team
This is the first time I have seen educational materials available to traders directly on the platform.
During periods of low volatility, when markets are calm, I have to wait for some time when trading opportunities appear.
And in these moments, I spend time learning something new.
I think these educational resources are basic. But they are useful nonetheless.
Hello, Faisal A.
Thank you for sharing your experience! We’re thrilled to hear that you’re making use of the educational resources available on the Olymptrade platform. These materials are designed to help traders like you make the most of their time and continually improve their skills, even during periods of low market activity. 📚✨
While the resources are intentionally kept simple to ensure accessibility for traders of all levels, we appreciate your feedback. It’s great to know that they’re still useful for expanding knowledge and refining strategies. If you ever feel ready for more advanced learning materials, we encourage you to explore additional tools like webinars, expert analysis, or in-depth guides that might suit your growing expertise.
Happy trading and learning! 🚀
Best regards, Olymptrade team.
Supervised by VFSC - you can actually see the pdf version of their license, and it's cool that they put it in. It means they are fully transparent with their clients, this upholds their reputation🙌
Even without knowing they are licensed, I still used to trade here, because they were on the market so many years so logically they are legit.🤔
Hello, Fikri B.
Thank you for sharing your thoughts! 😊 It’s great to hear that you appreciate the transparency of Olymp Trade in making their VFSC license publicly accessible. This commitment to openness is definitely a cornerstone of building trust and upholding a solid reputation. 🙌
It’s also wonderful to know that you valued their long-standing presence in the market even before learning about the licensing. Experience and consistency are indeed strong indicators of reliability. If you ever have further questions or feedback, don’t hesitate to reach out. Happy trading! 🚀
Best regards, Olymptrade team.
I like it^_^ It's work very very fast - like when I clicking BUY or SELL it open like that. Also when I stop trade it also close like that! I can make this platform like how I am wanting, change color and what on chart - it's very comfortable for me to make how I like.
Mostly Imporatnt - IT"S on my phone! I can trading not from home computer only, but like when I am out! Very convenient for this.
Hello, Arjuna W.
Thank you for sharing your enthusiastic review! We’re so glad to hear that you’re enjoying the speed and customization options on our platform. 🚀 Making trading fast, flexible, and user-friendly—whether on your phone or computer—is exactly what we aim for.
Your excitement motivates us to keep improving and ensuring a seamless trading experience for all users. If you have any suggestions or ideas to make it even better, feel free to share!
Happy trading, and thanks again for your kind words! 🌟📈
Best regards, Olymptrade team.
In many aspects, Olymp trades offer innovative and unique experiences.
The one that appealed to me and made me give it a try was the offer of trading without spreads. I don't remember seeing any other platform with a similar concept.
I expected high fees to compensate this feature, but it happened the fees to be quite reasonable 👏
I would rate them 10/10 for low trading costs 👍
Hello, Fanele S.
Thank you so much for your feedback! 😊 We’re thrilled to hear that our unique spread-free trading concept caught your attention and met your expectations. Offering a transparent and cost-effective trading experience is one of our top priorities, and we’re glad to see it’s appreciated. We aim to keep our fees reasonable so that our traders can focus more on their strategies and less on extra costs. Your 10/10 rating means a lot to us! If you have any suggestions or need assistance, feel free to reach out. Happy trading and wishing you continued success! 🚀📈👍
Answer: Raed A, hi there! Thanks for the good question. On weekends the stock market is closed. Most of the assets will become available only from Monday. However, you can still trade on cryptocurrencies, Over-The-Counter assets, and Composites. If you would like to know more about the trading hours of the assets, kindly follow the link https://plus.olymptrade.com/en/assets Do not hesitate to contact us if any questions or concerns appear. Best regards, Olymp Trade team.
Answer: Greetings, Yono K! That's a good question. The level of difficulty of using the indicator depends on your experience and knowledge. If you would like to get more information about trading, please look at this link: https://plus.olymptrade.com/en/education It is our education section, where you can find a lot of useful information about trading basics. You can also try each indicator on a demo account. We advise you to start trading on your live account only if you are able to make a profit on your demo account. Best regards, Olymp Trade team.
Answer: Hello, Shau T. Thank you for your question. We assume that you are asking about fees on the Forex mode. In Forex, we have Commission and Overnight fees. For Commissions, when opening a Forex trade, a certain amount is deducted from the trader's balance. This amount depends on several criteria: trade amount, multiplier, asset specification, etc. The current commission is shown along with the rest of the information about the trade. However, the final payment may sometimes differ slightly due to the market situation. Information about the minimum commission rate for opening trade and other conditions can be found in the "Trading Conditions" tab of the "Assets" menu. You can access it through the "Help" section. For the Overnight Fee (rollover to the next day), it is a commission for carrying a trader's leveraged position overnight and then deducted from the balance daily. The amount of commission depends on the factors of the trade amount, direction, multiplier, and overnight fee rate of the pair. The latter can be found in the "Trading Conditions" tab of the "Assets" menu. Hope we have answered your question. Best regards, Olymp Trade team.
Answer: How brief should it be? Is "yes" brief enough? Look, the answer depends on what you are trying to achieve. If your goal is to get as much trading experience as possible in various trading aspects then you should definitely try it. Because of all trading modes olymp trade provides its clients, we can choose the type we are more inclined to. And it's a big deal, cuz each one of these modes differs from the others drastically.
Answer: It's difficult and easy simultaneously. I mean to start trading with olymp trade platform is quite easy because the platform itself is very intuitive and user-friendly. It won't take too much of your precious time to master it. On the flip side, to become good at trading you need to spend a lot of time on education which is very hard to do. You can either use olymp trade educational articles for that or try to find information on the web. I can say that olymp trade materials are well-rounded ones, and essentially it will be enough in the beginning. It will definitely help you to make a simple trading strategy. The more competent you will become the more you will explore some sophisticated trading theories. Answering your question I would say be prepared that trading requires lots of self-discipline and learning, it's not a walk in the park.
Answer: Hi, Arpit! The number of transactions opened at the same time depends on your status on the platform. For example, the maximum number of trades that can be opened simultaneously for the Starter status is 20 on the Fixed Time Trades mode and 100 on Forex. You can find the detailed information at the link: https://olymptrade.com/en-us/statuses To provide you with a personalized answer, we will need to clarify your account details. Please, contact our support team on the website or write to us on Facebook. We will be happy to help you! Best regards, Olymp Trade team.
Answer: Hello, Benjo M. Thank you for your question. The profitability percentages in Fixed Time Trading (FTT) on Olymp Trade can vary based on several factors, including the specific asset, market conditions, and the time of day. Cryptocurrencies like Bitcoin often exhibit higher volatility, which can influence the profitability rates offered. While some assets may offer profitability rates up to 80-90%, cryptocurrencies might have lower rates due to their inherent market risks and rapid price fluctuations. These rates are adjusted to reflect the current market environment and to ensure a balanced trading experience for all users. For the most accurate and up-to-date information on profitability rates for each asset, please refer to the asset list on the Olymp Trade platform. Additionally, utilizing the platform's educational resources and tools can help you make informed trading decisions. If you have further questions or need assistance, feel free to reach out to our support team. Best regards, The Olymptrade Team
Answer: Yeah, you just gotta select it in the withdrawal section of your dashboard. That's pretty much it
Answer: I think one of the coolest features of this broker is ability to open cryptocurrency trading account and fund it with crypto. Broker gives clients opportunity to use USDT as base currency of account. And USDT can be deposited to account by crypto transfers. USDT exchange rate doesn't differ from real dollar exchange rate, so there is no need to worry about conversion of this currency. And at the same time, USDT has many advantages in relation to the real dollar. So for me this feature of broker is the most significant.
Olymptrade has a rating of 4.2 stars from 255 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Olymptrade most frequently mention fixed time, trading platform and demo account. Olymptrade ranks 2nd among Stock Trading sites.
Hello Yasmin,
Thank you for sharing your experience! We're glad to hear that you're enjoying Olymptrade's advanced trading platform and discovering new features. Trading signals can be a great tool for decision-making if you add them with your analyzation, and it’s great to know they’ve been useful for you, especially with Bitcoin. Whether you're trading short-term or long-term, we’re here to provide the tools and support you need. If you have any questions or need assistance, feel free to reach out. Happy trading!
Best regards, the Olymptrade team.