Home -
Exposure -
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
FOREX.com
AvaTrade
IC Markets Global
FXCM
ACCM

OLYMPTRADE: Real or Fake?

WikiFX | 2024-06-19 17:52

Abstract:Olymp Trade has been an online broker since 2014. Olymp Trade joined the IFC in 2016. Olymp Trade received the 2017 Best Options Broker Award at the Forex Expo and the 2017 CPA Life Best Financial Broker Award. Olymp Trade's official website does not show any regulatory information.

img_v3_02c0_204bb042-bf85-44a8-8f58-7de8960caabg.jpg

Olymp Trade has been an online broker since 2014. Olymp Trade joined the IFC in 2016. Olymp Trade received the 2017 Best Options Broker Award at the Forex Expo and the 2017 CPA Life Best Financial Broker Award. Olymp Trade's official website does not show any regulatory information.

img_v3_02c0_72e3eef6-a6ae-4d8d-9d15-43e4138dc4dg.jpg

Market Instruments

Olymp Trade offers traders a series of financial instruments, including Forex currency pairs, commodities, indices, stocks, cryptocurrencies, exchange-traded funds, and OTC.

Leverage & Accounts

img_v3_02c0_28dcd7dd-6a3e-4014-b4bc-2e332129d66g.jpg

To meet the investment needs and trading experience of different investors, Olymp Trade offers two different types of accounts: Standard and Premium. Olymp Trade offers maximum trading leverage of 1:400, 1:30 for the most popular currency pairs, and 1:20 for minor currency pairs.

Spreads & Commissions

There is no detailed information about spreads on the official Olymp Trade website. By testing a standard demo account, the spread on EURUSD is around 1.1 pips. Olymp Trade charges a fixed rate of overnight fees for overnight trades, up to 15% of the total investment amount. For accounts that have been inactive for 180 days, Olymp Trade charges a monthly fee of $10.

Trading Platform

img_v3_02c0_8034660c-6295-4551-b3d6-ca3eca0c14fg.jpg

Olymp Trade trading platform pages are easy to navigate with a real focus on user experience. Olymp Trade supports web, desktop applications (for Windows and Mac), and smartphones/tablets (for Android/iOS).

Deposit & Withdrawal

Olymp Trade welcomes a variety of deposit and withdrawal methods, mainly bank cards, credit cards, UnionPay, Bitcoin, TEDA, NETELLER, Skrill, Perfect Money, WebMoney

Trading Hour

It is possible to access the Olymp Trade website 24 hours a day, seven days a week, 365 days per year. Essentially, investors can trade whenever (and wherever) they see fit via mobile and desktop devices. It is, however, worth mentioning that the available markets are not open 24/7.

Customer Support

img_v3_02c0_56d4e343-23a7-489f-acf9-551ff719ad3g.jpg

Olymp Trade customer support is available 24/7 via the following means:

• Phone: +84 2844 581 413

• Email: news@olymptrade.com

• Web: olymptrade.com

Complaints

img_v3_02c0_dad9b8a3-abb7-467c-a46b-62d97f4f9c4g.jpg

According to WikiFX, Olymptrde has 61 pieces of complaints. Also, we found it to be an unregulated broker with a low score. Another red flag is that it is on the investor alert list of the Securities Commission Malaysia.

Install the WiKiFX app or visit the website to get the latest news about the forex industry.

Related broker

Unverified
Olymptrade
Company name:Aollikus Limited
Score
1.67
Website:https://olymptrade.com
5-10 years | Suspicious Regulatory License | Self-developed | Global Business
Score
1.67

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
FOREX.com
AvaTrade
IC Markets Global
FXCM
ACCM

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
ZFX

ZFX

Regulated
STARTRADER

STARTRADER

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
ZFX

ZFX

Regulated
STARTRADER

STARTRADER

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
ZFX

ZFX

Regulated
STARTRADER

STARTRADER

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
ZFX

ZFX

Regulated
STARTRADER

STARTRADER

Regulated

Latest News

RM750 Million Lost to Investment Scams in Just Six Months

WikiFX
2025-07-24 17:02

5 things to know before the Thursday open: Meme stock revival, Trump's Fed visit, Uber's gender feature

WikiFX
2025-07-24 12:15

Why Octa Is the Ideal Broker for MetaTrader 4 & 5 Users

WikiFX
2025-07-24 19:09

CNBC's Inside India newsletter: Leaving, but not letting go — India's wealthy move abroad, but stay invested

WikiFX
2025-07-24 13:02

Moncler raises prices on tariffs, may postpone store openings if downturn worsens

WikiFX
2025-07-24 14:08

Titan FX Adds WhatsApp and Telegram for Enhanced Support

WikiFX
2025-07-24 17:26

Nestle flags further potential price hikes as tariffs, commodities weigh on margins

WikiFX
2025-07-24 10:58

Stop Level Forex: How Does it Help Traders Prevail When Losses Mount?

WikiFX
2025-07-24 17:46

eToro Launches Spot-Quoted Futures Trading in Spain

WikiFX
2025-07-24 18:05

Titan FX Introduces Redesigned Client Cabinet for Enhanced Usability

WikiFX
2025-07-24 14:52

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Forexware

Forexware

1000EXTRA

1000EXTRA

WorldFirst

WorldFirst

Fake AGM

Fake AGM

Taijin

Taijin

ISIG

ISIG

ANTFX

ANTFX

Capital Sands

Capital Sands

FXlift

FXlift

Atlass

Atlass