Olymp Trade Info

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Olymp Trade

Instruments commodities, Crypto, currencies, indices, metals
Deposit Methods Credit cards, ePayments, Fasapay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Webmoney, Yandex Money
Min Deposit $10
Min Trade $1
Free Demo
Max Payout 92%*
Hindi Support
Trading platforms MetaTrader4 and Propietary


Last Olymp Trade review update: April 2 2020

In-depth Review of Olymp Trade for India

Trading instruments such as “fixed time trades” have often been promoted as easier and less stressful way of coming into the trading industry. Though this may be true, most new Indian traders fail to realize that a new way of trading has its rules for attaining success. One pre-requisite that stays constant irrespective of your approach to trading is the need for a reliable broker for India.

Broker Details & Promotions

Max. Payout 92% Website http://www.olymptrade.com
Founded 2020 Demo Account YES

What is Olymp Trade ?

One investment platform that has proven its worth in the online trading market since 2020 is Olymp Trade, a brand name owned and managed by Inlustris Ltd The company is head quartered at the St.Vincent and the Grenadines with registration number 25161. Olymp Trade is one of the few financial companies out there offering extensive trader education, as well as providing an enabling trading environment for you to earn.

Trading platforms

OlympTrade: Fixed time trades

Before we navigate through the features of the Olymp Trade platform, let’s do a quick recap for the sake of those who have no idea of how fixed time trading works. Fixed time trades is a type of trading that requires a fixed expiration time as well as a fixed amount of compensation should the asset expire in the anticipated direction. Even if the price close a single point above the set price at the expiration time, the trader still gets compensated with the fixed payout of that particular asset.
However, in the case of the trade closing in the opposite direction of your prediction at expiration time, the staked amount is lost.


The Olymp trade platform through continuous improvements and development, and now allows any investor conveniently open long or short positions at the current price without limited duration on different type of assets such as shares, commodities, currencies and cryptocurrencies. Their online trading platform is built with simplicity, flexibility and ease of use in mind. Upon launching the platform, the first thing you’ll see is the trading time-series chart as shown in the image below.

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Wondering where to get information related to support and more useful trading information? At the top right corner of the platform you will find the notification icon which can be easily recognized with a question mark in the middle. Click on the icon to get information on Support, Video gallery, Trading Strategies, and indicators. These are very useful information nicely hidden under the hood of this icon.

Time-frames and Chart types

The Olymp Trade platforms allows you to visualize your time series chart from different chart presentations. You can choose from area charts, Japanese candlesticks charts, and my personal favorite, the HeikenAshi Chart. You can choose your desired timeframes from 15seconds to monthly charts as display in the chart below.

Indicators and Drawing Tools

Clicking on the indicator tab displays the wide range of indicators available to enhance a trader’s judgment of a chosen asset direct

Lower tabs below the main chart display window presents the your currently opened trades, and history status of your trades as shown in the image below. If there are no currently opened trades you will get a message on the display that says “You have no opened trades on fixed time yet”, or you see your currently opened trades.

No Opened Trades

Opened Trades

Technical Analysis

Trading analysis just got better with Olymp Trade. Click on the technical analysis tab beside the indicator tab to discover new technical analysis tools as shown in the image below. This is an entirely different platform that loads for traders to leverage off the technical analysis tools.

Instruments offered for trading

Assets offered on Olymp Trade platform can be accessed by clicking on the “+ tab” beside the currently open asset. This will open a display of asset categories which includes currencies, Exchange traded Stocks, Crypto assets, Indices, metals, and Commodities

The percentages besides each asset is the varied percentage payout upon a successful directional prediction of an asset.

Types of Accounts

Olymp Trade offers subscribes demo account, Regular account, and a VIP account.

The free $10,000 demo account serves as a starting point for new and experienced Indian traders to test the different features on the Olymp Trade platform. This is an easy and no risk way to get started with Olymp Trade.

The above table illustrates the features available to regular and VIP account holders. It’s clear the VIP status has more features for traders. I will still recommend a regular account for starters, allowing for gradual scaling up.

Spreads & Commissions

Olymp Trade do not charge spreads. They only have brokerage fees on online trading, making it easy for you to concentrate on your strategy.

Minimum deposit and requirements

The minimum deposit is just $10 with a $1 minimum trade.

You can trade with a maximum trade amount of $2000 and $5000 on Regular and VIP accounts respectively, both requiring you to pass through a KYC process. The KYC process involves a form of identification and proof of address. More information on this can be found under the KYC/AML policy.


Payout on assets varies on Olymp Trade. From the assets tab you can easily visualize the different payout percentages for each asset class. Maximum payout also depends on the type of account you registered on. For regular accounts, maximum payout is 80%, while VIP account offers a maximum payout of 92%. VIP account holders have the benefit of enjoying leverage in the form of bonuses, risk-free trades, special offers and contest.

Deposit and withdrawal options

Personally, I’m more interested in how a platform handles withdrawals over deposits. I found out that the team at Olymp Trade have no withdrawal limit. Your withdrawal amount is unlimited, and the payment system fee at deposit is covered by Olymp Trade. The different payment methods they accept for both deposits and withdrawals includes: Visa, Qiwi wallet, master card, maestro, Neteller, Yandex Money, Fasapay, Webmoney,Skrill, and epayments.

Fasapay and Neteller are excellent options for traders based in India.

Customer Support

With highly responsive and experienced support, you can be sure to get answers to all your trading realted enquiries. Olymp Trade provide a lot of options to get in touch with them. Their support is available night and day, anytime 24/7, responding averagely 15seconds in 8 different languages.

Olymp Trade: Strategies

Olymp Trade: Indicators

Olymp Trade: Free Webinars & Promotions

2 times a month are held webinars marathons for India.

This is roughly a free training schedule for traders with a prize draw and promotional codes ( bonuses ) .

We publish here all upcoming webinars with promotional codes.

Olymp Trade Review: Summary

Olymp Trade is a fast growing online trading platform. According to their website, they have about 190748 users that carried out trades on live accounts just last month with approximately 31million closed trades within the same month. Since inception of the brokerage company, they have continued to bag awards within the years 2020 to 2020. These include fastest growing platform 2020, Best fixed time trading platform 2020, and Best Financial platform 2020, to mention a few.

Through honesty and a consistent offering of reliable services to clients, Olymp trade is honored with the status of a “category A platform” of the International Financial Commission. They offer insurance of $20,000 on each trade, click on this link for more information.

From all indications Olymp Trade is a online trading company I would recommend for my trader friends in India considering the wonderful experiences they give traders especially in the area of trader education, and huge free $10,000 demo account. They offer great education in areas of strategy development, Useful technical Indicators and Webinars as shown in the images above.

Finally, I will encourage all would be subscribers to read the privacy policy and all the service agreements, in order to understand how to operate responsibly on any brokerage for that matter.

Olymp Trade Review


Olymp Trade is a massive player in the fixed time trading marketplace, and their seamless platform and competitive rates of return are excellent. Their minimum $10 deposit and $1 trades means that the service is accessible to anyone who wants to trade and their education service supports their commitment to new traders as one of the best brokers.

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.


Olymp Trade is an established broker in the fixed time trades marketplace having launched back in 2020. They are certified by FinaCom making them a trusted choice for any online trader. Their background is very much as an international broker with a seamless platform and packed education centre available in 12 languages.

With more than 25,000 people trading every day and around $171 million of monthly turnover Olymp Trade are a massive company in this space. Adding to the brokers’ prestige is an award cabinet to be proud of, including “Best Trading Platform” Le Fonti 2020. They are a grade A broker with a proven track record.

A solid offering of over 70 asset types including currency pairs, commodities, stocks, indices and crypto gives you plenty of opportunities. Another difference between Olymp Trade is their comfortable level of entry. Traders can start with a small $10 deposit with minimum trades as low as $1 which is excellent news if you’re new to the world of online trading.

In this review, you will learn:

    Why they’re different from others in the market Our expertinvestor.net exclusive reader bonus The Olymp Trade platform features and benefits

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Account Types

Because Olymp Trade focuses on being user-friendly, they keep things simple, clean and easy to use. Whereas you might see a complicated list of accounts ranging from basic to gold, diamond or platinum offered by others, there are three well-managed choices. You can choose between demo, standard and VIP accounts. All of them are easy to sign up to and offer an excellent trading experience.

Demo Account

The Olymp Trade Demo Account is excellent for those wanting to get used to the platform, all you need to do is register, and you can start using $10,000 of virtual money straight away. Demo accounts are a tried and tested way for first-time traders to get used to trading or for those switching platforms and looking to familiarise themselves with the software.

Standard Account

You only need a $10 deposit to open a real account offering you access to all the available financial instruments, assets, educational materials and analytical tools. You’ll also have the opportunity to take advantage of returns of up to 82% which is a competitive offering. Maximum trade amounts are very respectable too at $2000 enabling you to trade freely. We love the standard accounts comprehensive benefits and excellent rate of return.

VIP Account

Aimed at the more experienced trader, the VIP Account offers many exclusive benefits. Maximum trade amounts rise to a massive $5000 as well as the rate of return being boosted up to an unbeaten 92%. The account also has an extensive list of features including everything from the availability of risk-free trades to a personal consultant and private webinars.

The VIP Account is a competitive and well-structured account which is an excellent choice for the seasoned trader.

Trade Types And Payouts

With payouts ranging from 82% to 92% with the VIP account, they are very well placed within the market when it comes to profitability. The low entry and simplified systems also make it a very clean and seamless trading option.

Some brokers offer lots of different trade types, and these include Call/Put or High/Low trades then there are Ladders and Pairs, Range, One Touch and Long Term. With Olymp Trade as there are just two types of trades, the classic, tried and tested High/Low and 60 second trades.

High/Low Trades

With a manageable 70 assets to trade with and a minimum of $10 deposit, it is the perfect chance for beginners to cut their online trading teeth. Just choose your asset, currency pairs, gold or silver, and start trading. Correctly predict whether the asset will rise or fall by the expiry time and you could be seeing lucrative returns.

60 Second Trades

60 second trades are as the name suggests, 60 seconds or one minute expiry times, so you don’t have long to spot and seize the moment. Making these trades means things happen very quickly including making a profit if you have the right trading strategies.

We’ve negotiated a new trader bonus which means they will double your deposit!

Bonuses And Promotions

Great news! Olymp Trade does generally not offer a standard bonus, but we have secured an exclusive introductory bonus that you must use to your advantage. We have managed to negotiate a new sign-up deal which means they will double your deposit! All you need to do is make a deposit in your live account within an hour after registration and get +100% of your deposit, free.

We know that because of their very affordable deposit level, excellent trading platform, free education centre and competitive rate of returns that they probably don’t need to offer bonuses to get people trading successfully with them, but we wanted to secure one for our readers anyway.

Mobile Trading

With trading on the move being more critical than ever before, a mobile app, responsive website and accessibility have to be at the forefront of brokers features. It is no longer enough to have a good desktop site and trade off reputation. So many criteria have to be met and being able to keep up with technological developments is one of them.

Launching in 2020, Olymp Trade understood the importance of mobile technology and have been able to build a modern, seamless platform. From the moment you login, you realise their mobile platform is exceptionally responsive. There is a bespoke Olymp Trade app for both Android and iOS available from Google Play and the Apple App Store for those who prefer apps to browser trading.

Deposits And Withdrawals

Like most brokers, the primary payment method of depositing real money funds include the use of a credit card and debit card. Bank wire transfer and other e-payment solutions such as Skrill and Neteller are also available. Customers can also pay using the latest cryptocurrencies such as Bitcoin.

Depositing funds overall is simple although deposits using wire transfer will take longer than other methods. Crypto deposits are much more straight forward and as we found, slightly faster. All deposits are free, and with a deposit amount of only $10 required to open an account, it is a service that is accessible to all.

To withdraw funds request your withdrawal and funds will arrive back in your account or on your card within one day. Payments go to the same source that you used to fund the account in the first instance. Please make sure your trading account is fully verified to avoid any withdrawal problems. This broker told us the most significant cause of refusal is due to a lack of personal identification.

Special Features

A distinctive feature of Olymp Trade comes in the form of its packed education centre. With 56 webinars together with 20 strategy and trend lessons as standard, there is a wealth of information and technical analysis on offer. If you have a VIP Account, you can look forward to other perks with the addition of one-on-one training lessons and private webinars.

The Demo Account is available to anyone that registers on the site, and the $10,000 virtual money is there for traders to use to practise successful trading and get used to the dos and don’ts. The addition of our exclusive bonus if you join these guys makes their offering even more attractive.

In addition to fixed time trades, Olymp Trade has recently added Forex trading to its platform lineup. Forex traders can now benefit from their MT4 (MetaTrader4) platform and a huge range of currency pairs on offer.

Customer Support

Most online brokers offer varying levels of support from a virtual live assistant to a full menu of options to choose from including, emails, telephone numbers, support forums and more. Olymp Trade is no different; they have a strong support system in place and support is available by phone, via email or by live chat.

They offer helpful customer support 24/7 in 8 languages, so it’s highly likely you’ll be able to speak with someone who fully understands you no matter where you are. Throughout our Olymp Trade review process, we had no problems or difficulties contacting the various support departments.


Olymp Trade is a massive player in the fixed time trading marketplace, and their seamless platform and competitive rates of return are excellent. Their minimum $10 deposit and $1 trades means that the service is accessible to anyone who wants to trade and their education service supports their commitment to new traders as one of the best brokers.

For the more experienced traders among you, there is the VIP Account, which boosts the rate of return further and the maximum trade amount as well as offering lots of special features. Olymp Trade pays out over $9 million per month to traders in several countries around the world. They are a category A broker of the International Financial Commission which gets awarded to those that are proven to be honest and reliable.

Essentially, they tick all of the boxes of a trustworthy broker including offering trader protection, backed by the IFC of up to $20,000. Following our thorough Olymp Trade review, we found no warnings to imply this broker is a scam and we only found a small number of online complaints. Compared to other broker reviews, Olymp Trade is highly recommended.

Frequently Asked Questions

Is Olymp Trade legit, will they scam me?

Any online trading broker that we recommend is always checked and vetted by our experienced team and Olymp Trade was found to be entirely legitimate.

Do they have a decent mobile or tablet app?

Any good broker needs to ensure that they have a decent mobile platform. Here is no exception, both their website and mobile app are easy to use on all handheld devices.

What bonus do they offer for new traders?

We have negotiated an exclusive bonus with Olymp Trade, deposit in your live account within an hour after registration, and they will double the amount.

Can I start trading on a free demo account?

Yes, Olymp Trade offers a demo account to all registered account holders with the ability to trade up to $10,000 of virtual money.

What’s the minimum deposit and trade amount?

Olymp Trade is one of the few brokers that offer a minimum deposit of $10. Minimum trades of $1 are accepted making this broker stand out.

Robert has consulted for our website for five years and is a well-established member of the team. While he is passionate about the site, most of Robert’s time is focused on his current position as CEO of a professional coaching company.

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