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Olymp Trade   

WikiFX | 2025-05-22 18:30

Abstract:Olymp Trade is an unregulated broker offering Forex, Fixed Time trades, and Stocks. It provides a free $10,000 demo account, charges no commissions, and features a proprietary trading platform.

Olymp Trade Review Summary
Founded2021
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex, Stocks
Demo Account✅
Leverage/
Spread/
Trading PlatformProprietary trading platform
Minimum Deposit/
Customer Support24/7 Live Chat

Olymp Trade Information

Olymp Trade is an unregulated broker offering Forex, Fixed Time trades, and Stocks. It provides a free $10,000 demo account, charges no commissions, and features a proprietary trading platform.

Olymp Trade's homepage

Pros and Cons

Pros Cons
  • Free demo account with $10,000
  • Lack of regulation
  • No commissions
  • Limited information on trading conditions

Is Olymp Trade Legit?

Olymp Trade is an unregulated broker. The WHOIS search shows the domain olymptrade-my.com was registered on January 29, 2021. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.

No license
Domain information

What Can I Trade on Olymp Trade?

Olymp Trade offers trading in Fixed Time trades (starting from 1 minute with a fixed rate of return), Forex (with no spreads and extended trade settings), and Stocks (for long-term investments, including major companies like Apple and AMD).

Tradable Instruments Supported
Forex✔
Stocks✔
Commodities❌
Indices❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Olymp Trade?

Demo Account

Olymp Trade offers a free demo account with $10,000 for risk-free learning, and also provides access to ready-to-go trading strategies developed by professionals to help increase efficiency.

Demo account

Olymp Trade Fees

Olymp Trade charges no commissions for investors.

No commissions

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Proprietary trading platform✔Desktop/
MT4❌/Beginners
MT5❌/Experienced traders
Proprietary trading platform

Related broker

No Regulation
QLYMP TRADE
Company name:Saledo Global LLC
Score
1.44
Website:https://official.olymptrade-my.com/lands/LPL60-01-03/index.html
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.44

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