Score

2.74 /10
Danger

Olymptrade

Vanuatu

5-10 years

Regulated in Vanuatu

Forex Trading License (EP)

Self-developed

Global Business

High potential risk

Offshore Regulated

A

Add brokers

Comparison

Quantity 62

Exposure

Time Machine
Website

Score

Regulatory Index1.76

Business Index7.51

Risk Management Index0.00

Software Index4.74

License Index1.76

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

More

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2025-08-14
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Danger

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INVESTOR ALERT LIST
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Broker Information

More

Company Name

Aollikus Limited

Company Abbreviation

Olymptrade

Platform registered country and region

Vanuatu

Company website

X

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2026-02-20
  • WikiFX has received a total of 58 user complaints against this broker, please be aware of the risks and do not be scammed!
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Verification

Pyramid scheme complaint
Expose
    Olymptrade · Company summary
    OlymptradeReview Summary
    Founded2014
    Registered Country/RegionVanuatu
    RegulationNo regulation
    Market InstrumentsForex, Stocks
    Demo Account
    Leverage/
    SpreadFrom 0 pips
    Trading PlatformOlymptrade, PWA
    Minimum Deposit$/€ 10
    Customer SupportPhone: + (356) 2034 16 34
    Email: support-en@olymptrade.com
    Social Media: Facebook, Instagram, Telegram, Youtube, Twitter, Tiktok, Pinterest
    Physical Address: 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu

    Olymptrade Information

    Olymptrade is an online trader registered and established in Vanutu in 2014. It supports traders in trading forex and stocks through its own trading platform. In addition, it also supports a minimum spread of 0 and 0 commission. But currently, it is in an unregulated state.

    Olymptrade Information

    Pros and Cons

    Pros Cons
    Support demo accountsNo regulation
    24/7 supportNo account detail information
    The spread starts from 0MT4/5 is not supported
    Support zero commissionLimited trading products
    Low minimum deposit of $10

    Is Olymptrade Legit?

    Olymptrade was registered in 2014, but it is currently unregulated.

    license
    domain

    What Can I Trade on Olymptrade?

    Olymptrade supports you in trading forex, with over 100 assets including currency pairs,majors, minors, exotics,crypto and more. In addition, you can also trade stocks.

    Tradable Instruments Supported
    Forex
    Stocks
    Cryptos
    Futures
    Indices
    Options
    Commodities
    Indices
    Bonds
    ETFs
    assets

    Account Types

    Olymptrade did not provide specific account information. What can be known is that the minimum deposit amount is 10 US dollars or euros. It also supports the opening of demo accounts and Islamic accounts.

    Account Types
    Account Types
    Account Types

    Olymprade Fees

    Foreign exchange trading supports 0 spread, with commissions starting from 0.6 pips. And there is no commission for opening a stock position for trading.

    Olymprade Fees
    Olymprade Fees

    If no transactions are made in a real account and/or funds are not deposited or withdrawn within 180 days, a monthly idle fee of $10 (or the equivalent account currency) will be charged.

    If the account balance is lower than the idle fee, only the available balance will be charged. Accounts with a balance of zero will not be charged any fees.

    Olymprade Fees

    Trading Platform

    Olymprade offers its own trading platform, which can be used on both desktop and mobile devices. In addition, there is a web-based trading platform called PWA.

    Trading PlatformSupported Available Devices Suitable for
    OlymptradeDesktop, Mobile/
    PWAWeb/
    MT4/Beginners
    MT5/Experienced traders
    Trading Platform
    Trading Platform

    Deposit and Withdrawal

    Deposits can be made using bank cards, cryptocurrencies or electronic payment systems. To withdraw money, you need to press the payment button through your account, select withdrawal, specify the withdrawal amount and confirm the transaction. The minimum withdrawal amount is 10 US dollars or euros.

    News

    ExposureOlymptrade Review: Why Traders in Indonesia Should Beware

    Read our Olymptrade Review: 57 complaints, offshore license, no regulation. Protect your funds—avoid risky brokers. Click to learn more!

    WikiFX
    2026-01-28 17:04
    Olymptrade Review: Why Traders in Indonesia Should Beware

    ExposureOLYMPTRADE Review 2025: Safety, Regulatory Warnings, and User Complaints

    In the competitive landscape of online trading, OLYMPTRADE has established itself as a well-known name, having been in operation since 2018. The broker, headquartered in Vanuatu, utilizes a proprietary trading platform and has garnered a significant search volume. However, popularity does not always equate to safety.

    WikiFX
    2025-12-16 13:30
    OLYMPTRADE Review 2025: Safety, Regulatory Warnings, and User Complaints

    ExposureOlymptrade Review: Regulation and Risk

    Olymp Trade is an online broker claiming VFSC oversight, but registry checks show no valid license; traders face elevated regulatory and fraud risk.

    WikiFX
    2025-10-13 16:56
    Olymptrade Review: Regulation and Risk

    NewsOlymptrade Review 2025: Is It Safe or a Risky Bet?

    Olymptrade review based on WikiFX data: operates without valid regulation, offers web and mobile trading, but faces multiple user complaints.

    WikiFX
    2025-08-11 09:43
    Olymptrade Review 2025: Is It Safe or a Risky Bet?

    User Reviews

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    User comment

    20

    Comments

    Write a review

    FX8316196672
    0-3months
    Al hacer una operacion pierdo 30 dolares que deje en la cuenta y decido cancelar el retiro de los 67 que queria poner en mi tarjeta (tenia en total 98 dolares). ya pasaron 25 horas y esos 67 dolares no estan ni en mi tarjeta ni en mi cuenta de olymptrade. Al momento de hablar con soporte tecnico ellos me dicen que yo supuestamente los habia perdido al hacer una operacion, tengo capturas donde muestran que yo solo habia apostado 30 dolares no los 98.
    Al hacer una operacion pierdo 30 dolares que deje en la cuenta y decido cancelar el retiro de los 67 que queria poner en mi tarjeta (tenia en total 98 dolares). ya pasaron 25 horas y esos 67 dolares no estan ni en mi tarjeta ni en mi cuenta de olymptrade. Al momento de hablar con soporte tecnico ellos me dicen que yo supuestamente los habia perdido al hacer una operacion, tengo capturas donde muestran que yo solo habia apostado 30 dolares no los 98.
    Translate to English
    2026-02-16 05:18
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    dhewsh
    more than one year
    Even if you're just an ordinary or zero account user, the fees are exorbitant. The spread is the only fair account, but if you're a small trader, you'll just keep losing over and over again. It's just not worth your time.
    Even if you're just an ordinary or zero account user, the fees are exorbitant. The spread is the only fair account, but if you're a small trader, you'll just keep losing over and over again. It's just not worth your time.
    Translate to English
    2024-03-22 16:12
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