Olymp Trade Review (2023)

seriously i almost started before i just met you guys thanks.

Maybe you just need to learn to trade? My first year was in red, but I wasn’t complaining, I was training. Now I make enough money, withdrawing money on regular bases, and the company doesn’t complicate it. Although I withdraw quite big amounts. And they started to cheat on you for some reason? How’s it look?

So many times I’ve heard this. There is something wrong with the market data! Broker is a scammer! Someone is watching my trades and makes the market go in the opposite direction. You know what? Bullshit! As one famous trader said: “You lose money not because your mom used to spank you in childhood. You lose money because you either don’t have a trading system or don’t follow it.” So stop accusing Olymp. Better work on your trading style. Good luck!

Why you said that sir ? As far as I know, Olymp Trade never cheat. All my profit they paid accordingly. And if I have any issues, the customer support is always available to help me out. The trading chart reading is identical ti tradingview. So may I know at which part that they cheat?

You should start with basic trading knowledge like technical & fundamental analysis or simply go for online trading courses like stock market & forex trading .if you don’t wish to spend a lot … that been said …. Even after learning the basics practice with demo account .. To over come that anxiety and fear of losing your trades you’ll have to trade with real money in live account … I don’t know about others but my experience with them has been very very good ….. You can make consistent profit you just have to learn everyday … & Most important you don’t have to make mistakes to learn from them …. You need risk management and a strategy ….Your strategies not other’s ….

Ohhh really but they just gave me a withdrawal of 3000 $ when I just invested 50 $ why would they do that …. Charity ..

Like seriously i was scammed two days ago 20k by mohammed usman on Facebook cause of diX fvkin stuff called OLYMP TRADE

Can you give us vivid explanation as to why you called them a cheat, thanks.

They are scammers and thieves

That means you have enter a wrong website, you can visit olymp trade once again for more information

yes thats true

How did you manage to notice that? Is there some kind of a red light on the platform that starts flashing and beeping: warning, warning, someone is earning money here!? I’m sorry, but if you really noticed that platform was meant to rip off the customers you would have provided much more details rather than just saying “they cheat”. Your comment sounds more like some competitor’s provoсation.

Comment Area if tessline will come back by September its good to invest with them..

Well well… I made another withdrawal a couple of days ago, and it’s all OK. In fact, I’ve been doing it recently on a monthly basis, so if it’s a scam… well, at least I’m definitely not affected by it 🙂 Am I the only one who earns here, huh? Are you guys all losing here, or what? 🙂 But I guess I’m not doing anything special, just trading with a strategy, managing the risks, and all the stuff… That’s quite enough to make money on here, really 🙂

what’s your proof? don’t just talk , give some proof. which part that you have been scammed ?

অনেক ধন্যবাদ আপনাকে। আমি ও চাই আমার ভাগ্য পরিবর্তন করতে। আপনার সাহায্য কামনা করি।
তপন চন্দ্র শীল।

LOL, I really wonder what you could have told him to freak him out that much? :))) If you open the chat once again, there will be a different agent – you might set out your compaints about that Ibrahim fradrack to him. Or just ask the support to punish that rascal.:))) But actually, you’re pretty lucky – I always get exclusively polite and helpful agents! So hella boring, I can’t even find fault with anything…

Why you write so? You’ve traded with them? You have proofs? Or what force you to claim so? If you have proofs, than publish them and let all people see. Or you just have lost money and got mad? Personally I trade Olymp for 4 years and didn’t noticed nothing like this for all this time. So where is a truth?

Maybe it was an accident, write to olymp trade support, I’m sure you’ll get help.

What do you mean – “How do we get out?”? And who’s actually forcing you to stay? If you don’t like it, don’t trade, I don’t see a problem. Trading is really not for everybody – some people can learn and gradually go into the black, while others give up at the earliest failure and start screaming that it’s a scam and one will never earn here. It seems that you belong to the second category…

hi there i face the same problem like the chart freezes, prices zoom the other way to impossible levels and support live chat box that doesnt open when you click, and when you call the staff they couldnt answer all your questions and they pass to one another arrggh!!! bad experience for me. I give up with olymptrade…really i loose a lot my money here but i still stay with them hoping that things are going to get better but too bad… they have done so well with the platform upgrading and so on but they cant secure their plarform. i already request for closing my account.

Invest $500 abd I would double it 07051256071

do u have a strategy

How were you able to achieve that goal?

I need a help on how to trade safe

Don’t worry, Mafika. People losing money on financial markets often blame third parties for own mistakes. Their broker for example. You’ve learned your lesson, developed a responsible attitude to trading, so don’t worry about OIymp’s critics. Just remember, your success is the product of your own discipline and persistance.

How much money you are getting in your account now??

So far,I have been reading through the comments and a bit confused on which way to follow now. the truth is that I just need to know which is the better trading platform to start investing on. I use the word “better” because in business there is no perfection. please I really need a sincere and genuine response asap. thank you!

Pls sir can u be my god father in this platform, cos i really need to invest but don’t no how/where to start with. Thanks and God bless u.

This article is not about Iqoption XD
Be careful what and where you write.

OLYMP TRADE is a good trading platform. I have been using this for 2 years now. If you understand that this is not an easy way to make money, then you will earn. If you want to make money, you must have analytical approach. If you do not have analytical mind, then I advise you to forget about making money on the Internet. You will lose your money.

That’s nice bro please am new into it pls would you help me on how to understand its work WhatsApp +2349035189557 or email me @israelpraise9@gmail. Com
Thanks so much.

First of all you need to find out whether you’ve completed the verification process on your account. This can be the problem. Once verification if completed, your account will get unlocked and you’ll be able to withdraw profits anytime with the verified payment method. You’ve got to pay attention though,that its only possible to withdraw the money using the same payment method you funded your account with. This policy has something to do with the anti-money laundry act.

Dear Njeru,

We would advice you to choose from the Regulated brokers . Olymp Trade is NOT regulated, therefore, you might just never get your money back after investing with this broker.

Please, check available Forex seminars and webinars, where you will be able to learn more about trading.

If you try, you will realize that this is stupid slander. The company is very reliable and has a very responsive service. I had several problems with the company, but everything was resolved quickly and Olymp Trade proved to be the best. Of course, sometimes problems arise, but the main thing is that the company is working to resolve them. Many people faced with a problem do not try to solve it calmly, but begin to pack up and look for various slander about the company.

Dear Manson,
You can check our list of the Regulated brokers and you will definitely find the one that fits you!

Hi mate, I’m trading with Olymp for more than 4 years, so may suggest it from my own experience. I’ll briefly describe you the main pros and cons. Pros include regulation by Finanaclial Comission (Finacom), if you will lose some money cause of brokers fault, this regulator will give you a compensation. Also, Olymp is fast in terms of making deposit and withdrawing money. Deposit usually takes around 1-2 min and withdrawings take around 24 hours. There is also good trading platform, I find it easy to learn it, it’s quite native. However, there are also cons, including comission fees for opening the deal. I understand that it’s pay for excellent service, but I think you should know it. Overall, my experience is only positive and during 4 years I never face any problems and made more than 35 withrawals.

Dear Gideon,
Please, check available Forex seminars and webinars, where you will be able to learn more about trading.

To tell u the truth , I spent a lot of time on youtube learning about other traders’ strategies. Some strategies work some don’t. That is why it is very important for us to choose a strategy that we feel comfortable in using. And then stick to it. Don’t change it too freequent.

Download forex educational apps for a start (e.g Olymp Plus) , watch youtube videos – especially those who are using the same broker as you. Don’t rush. Forex is high risk

Oh-ho-ho, have you got any proofs? Or you just plaming for nothing? I’m trading with Olymp and it’s reliable broker, that never delay withdrawals. Moreover, usually I withdraw money at least one time a month. And I wait around 18 hours each time. If you have proofs – you’re welcome to show it. However, if you just want to hate trader, don’t write anything. There is the only reason, that can explain your bahavior: you lost money gambling and now blame Olymp Trade

Dear Manson,

We would still advice you to choose from the Regulated brokers . Olymp Trade is NOT regulated, therefore, you might just never get your money back after investing with this broker. That’s the difference between the demo account and the ususal one, since you do not trade your own money with the demo account.

Deposit methods vary from country to country with Olymp. If you press the deposit button in the menu sections of a trading platform, you will be automatically redirected to the page with all the payment methods listed there. Just choose the one you prefer and follow step by step instructions. It took me less than 5 minutes to deposit via credit card. The account balance showed up in a platform immediately and I could start trading right away.

Dear Chidi,

You can try contacting your personal manager regirding your withdrawal process. If there is no reply from the company managers, you can try reporting to your local authorities.

Just go to olymptrade.com and fill in the simple form. You don’t have to deposit any money yet. In fact i recommend that you spend at least 3 months in the free demo account. Sharpen your skills , understand the usage of indicators etc…

Learn about indicators first. You have to know at least 2-3 indicators. Be familiar with the usage. If you do not know any of these indicators, it is just as good as you are gambling. You will only tend to press the red or green buttons for trading. That’s a very wrong way to trade.

Now i can really see someone who’s truly honest. Man may God bless you

Dear Vinod,

As we mentioned in the review, Olymp Trade should be avoided since the broker is NOT regulated. We advise you to choose among the Regulated Brokers, you can check them here

Did you contact the olymp staff? It wouldn’t be superfluous to go to the bank either. There are different situations. Recently I also had a long withdrawal of funds, I called the bank – I had a fight and the money was immediately found…

Please, check the webinars and seminars from the top Forex brokers, where you can learn more about trading.

Hello Tobilo Chibiko, I just joined olymp recently but haven’t gotten the strategies to make profits from it, would you mind sharing with me how to? Even if it means paying for it. Kindly.

I fairly don’t understand what you want to say. The disclaimer that the company isn’t responsible for lose is common, as you trade the free market and the company is just intermediary between you and such market, so how can it be responsible for your loses? It’s normal. I think, you don’t understand how trading works, lol

If you are a beginner , Olymp Trade is good enough. They have everything that is needed by the newbies. Easy to set the indicators, navigation is straight forward, complete set of education section and also efficient customer suuport.

And let say you gain some profit and would like to make a withdrawal , the process is very quick and you might get your money within 24 hours even though they mentioned it will take about 3-5 business days.

Olymp Trade don’t cheat at all. The things like that are written only by people that don’t understand how trading and forex works. I trade with OT long enough to say everything is 100% clear. Moreover, they are regulated.

Try to recover your password or just change it in your personal cabinet.
And you can also call technical support or write to them on the site.
Maybe it’s also possible that your e-mail has been hacked – so you can’t even go in, and your letters are not sent anywhere.

You can set-up general stop-loss for all traders on your trading pannel, or choose it when openning a deal in the window that opens when opening a deal. I can suggest you to watch Olymp Trade webinar about stop-loss setings, it explains everything clearly.

This is an excellent question, because we all want to see the perspective and correctly assess the events.
Look, I think that a month of regular trading will be enough for you to deal with all the features of the terminal, etc..
Once again, a lot depends on your performance and previous experience, as far as I know, on average a trader needs 2-6 months to start coming to a stable income and stop allowing regular capital drawdowns.

Sometimes the problem might be on the side of your bank. Depositing via electronic payment systems like skrill or neteller is always fine. In any case you can contact Olymp’s live support. They have some real people there (not bots), who can help you with any issues.

Okey, you can call me Olymp Trade bot, lol. I think it’s very convenient – call all people you don’t agree just bots. I don’t think it’s possible from technical side to manipulate trading for each trader separately. However, if you’re sure that you’re right, than you can just start a blog and show this scam with proves. I can’t claim that OT aren’t scammers, but I have my own experience and I see no problems. Also, most such reviews, like you, are without proves. I think that if you have proofs, that will be cool to provide them.

You mean Advanced status? Ofc you can get it but you need to have depo $500+ and be active trader. Just get XP and re-new your status every 30 days.

Hahaha, this sometimes happens to everyone so its not a big deal)) Yes, the Olymp Trade appruns on two operating systems – Android and iOS. So, you can install it on your smartphone or tablet, it will work well.
Personally, I really like to trade on a brokerage trading app. It works very fast, and you no longer have a fixation on any particular place. You can trade almost always and everywhere, and this opens up new opportunities in trading, as for me :p

Of course.
You just log in from your personal cabinet and create a separate password for the MT4 platform.
You can try a demo or go straight to your main account.
Good luck in trading and olymp trade.

Yes.
There are quite a few payment systems here so you can choose something optimal for you.

Yeah, all Olymp Trade traders are eligible for MT4.

Yes, you can withdraw the money you earned using the bonus funds in Olymp Trade. But the bonuses themselves will be burned. So if you’re aiming for long-term results, you can wait for the payment. But if you are satisfied with the result and aiming for it, you can easily withdraw the money from Olymp Trade.

It seems you’ve tried both methods. Which of the approaches (fixed time trading or forex) do you find to be more profitable?

You can deposit with the use of several payment methods. You can simply use your debit or credit card, then you can pay with an e-wallet or via internet banking.

I think that this app can be good for monitoring your already open trades but when it comes to market analysis, desktop solutions have no rivals. I never use apps to trade because it’s hard to draw lines there. I guess it would be very hard to make it convenient in this format. Olymp has a very good web platform. So, you’d better use it.

Strange, maybe it depends on the provider? Perhaps you should pay attention to the speed of the Internet you have? Because I have not encountered this kind of problem with Olymp Trade. And I’ve been trading for more than a year.
Of course, all sorts of things can happen. No broker will guarantee 100% absence of such things as slippage, delays, requotes, etc. It’s normal that such situations sometimes happen. Moreover, if they don’t happen, you should think about how the broker executes orders?

In Olymp Trade FTT, traders need to predetermine the duration of a trade. Meaning, before opening a trade, we should decide how long that particular trade should be opened. The trade will be closed once the time expires.
In Olymp Trade MT4, a trader is able to open and close a trade as he/she wishes. Traders can also use Stop Loss and Take Profit functions to close a trade automatically.
In terms of turnover, Olymp Trade MT4 offers more flexible conditions, where a trader can decide when to close a trade and how much profit is enough for them.
Thus, I think MT4 is more suitable for a beginner.

Yes of course! Nowadays it is difficult to find a broker who would not have the ability to trade from a mobile phone. The Olymp Trade team was among the first to develop its own mobile application. Currently, the broker offers convenient and functional mobile applications for Android and iOS with many trading tools and bonuses.
You can quickly download and install it on your phone through Google application and start using its capabilities.

I recommend using three moving averages with periods of 14 – red, 21 – blue and 50 – green.
This should be used in conjunction with Bollinger Bands (BB) – period 20, deviations 2.

You made me laugh. Does the chart change direction when you open a trade? Do you think that you are the only trader with Olymp Trade and the broker is reworking the chart according to your rates? Admit it, you opened a minimum deposit account, right? And the broker immediately attacked your deposit?
You can easily open a demo account and a real one at the same time and check the quotes there. Do you really think that knowing about the possibility of reconciliation of charts, the broker will deceive you?
Perhaps you analyzed the market incorrectly and opened a position in the wrong direction, this often happens, the market is unpredictable.

Trading is a very interesting field and also very profitable. There is only one condition: you have to think through your trades and analyze them. You can’t just thoughtlessly invest your money. Otherwise you can lose it. That is why, first of all, I found educational materials on the website of the broker Olymp Trade, studied all the charts and trading tools presented. Of course, not everything was easy at first, I had losses, but then it all worked out well. I was able to make trades which I could not only enjoy but also earn good money. I got what I wanted. Every day, spending a few hours in front of my computer I got satisfaction from my work and as a bonus I got sufficient funds and a schedule that would suit me. Earned money I receive on my card, withdrawing them without any problems. I do not have any problems with withdrawing funds from my trading account. The broker has an official youtube channel and an official facebook community. This once again shows the transparency of the broker.

Yes, indeed, sometimes the lack of scandals is an indicator of the reliability of a broker. Usually, if something bad happens, we immediately run to leave complaints in blogs, on forums, in the support service. If everything is well, we usually trade quietly, withdraw our money and do not waste our time writing positive reviews on the Internet. That’s why the absence of bad in this case is already a good thing. By the way, surprisingly, but there are a lot of good reviews online about the Olymp Trade broker. I came here to trade after reading one of those and I have never regretted it.

As far as I’m aware, Olymp Trading gives risk-free trades for VIP clients only. You may contact the support team to get a more detailed information.

To be honest, I started with Fix Time. Because it takes less time and less action. I think that in this method of trading, everything is more clear. Then you can start trading OlympTrade Forex.

Yes, I also, like you, decided to take a risk and deposited an amount that I would not be afraid to lose. Only this amount was $500. I, too, before I started trading, read different reviews about the broker, and of course I saw different opinions. But nevertheless this broker was recommended to me by my friend, whose opinion I trust as well as my own. I did not use a web platform, but traded directly on their personal trading platform, which I did not have to adapt to, because everything seemed clear to me right away. I was not even worried about the profit, because I have seen many times that a friend withdraws money to his card account and I have never had any complaints from him about this. I also receive withdrawals according to the regulations and I have never had to deal with delays in withdrawals due to the broker’s fault.

I guess that beginners would better start of forex trading because it’s more familiar for the vast majority of novices. When you will gain some experience at forex trading you will be able to start FTT trading. Nevertheless, you can choose by your own, if you have questions about mehcanics you can get acquinted with the instruction on olymp trade platform.

There are several conditions on vip accounts. Firstly, you have to make a deposit 2k dollars or 2k euros. It’s minimum deposit. Secondly, the mandatory condition is not to withdraw money during 15 days,otherwise your account would be closed. Moreover, you can’t make any deals on ordinary account during 3 months. You can contact the customer support to find out more details about vip account.

You need to log out from your demo account and then log into your real one. They have different logins and passwords.

Olymp Trade trading platform provides all popular types of indicators including volume indicators, trend indicators, momentum indicators, Bill Williams and others.

I totally agree with you especially with the fact that olymp trade platform is a nice tool to start with for newbies. It has everything which necessary for the market analysis and it is eas to navigate at the same time.

Yes, that’s probably true, but you also shouldn’t open too many of those orders. Anything can happen…
I also advise not to open FTT trades that last less than 15 min…

As I know, you need to be very active in your trading. You should trade a lot and frequently deposit your account and most probably you will be granted these promos.

You are right when you say that nobody wants to lose their money, but demo account will never make you a good trader, unfortunately. You have mentioned that the people who spend too much time trading on demo find it difficult to switch to real trading just because of the fact that real trading is different in many aspects. I feel that the best way to learn trading is to start with demo and use for several weeks in order to get used to the trading platform, but after it, you definetely need to start trading real money. I am not talking about huge sums of money, actually olymp trade minimal deposit is $10 which is pretty enough to trade microlots and practise the skills which are necessary for successful trading.

Any broker has dissatisfied clients.
It’s just worth remembering that the result is almost always up to the client.
Broker is all right, as well as its regulation, so the chances of success are definitely there.

mobile platform was exactly what I needed. I’m easily trade via mobile app

Oh, I also found origins of offshore to be alarming. But then I looked into it in detail and realized it’s normal.
Broker has other licenses. Here’s what I found:
They have FinaCom membership. It’s international financial commission. They control brokers. Checks quotes, helps if something happens.
Looks safe.