Olymp Trade logo

Broker Reviews

Olymp Trade

Tradomatix TrustScore™:

2.56

(458 Reviews)
Compare more brokers

5-star

33.62%

4-star

12.01%

3-star

2.18%

2-star

1.75%

1-star

50.44%
Replied to 84.70% of reviews
Typically replies within 25.88 hours

About Olymp Trade

Olymp Trade offers multi-asset trading across indices, commodities, energies, precious metals, cryptocurrencies, and CFDs. The brokerage began operations in 2014 and has over 200,000 clients on its platform monthly. Market access is available via a web platform, mobile applications, and MetaTrader 4, with MT4 connectivity also provided through a bridge. The setup supports variable spreads and leverage up to 1:400. A demo environment is available for practice, while the live account features a minimum deposit of 10 and base currencies in USD or EUR. Order sizes range from 0.01 lots to 20 lots, accommodating different position-sizing needs. Hedging and scalping are permitted, allowing flexibility in execution and risk management. Overall, the platform mix and account parameters are structured to provide straightforward access for various trading styles and account sizes.

Learn More

Regulation & Security

Olymp Trade is regulated by M.I.S.A. in Mwali. Under this authorization, the broker provides access to its supported platforms, including web, mobile, and MT4. Within this framework, it offers leveraged trading up to 1:400 across multiple asset classes, such as indices, commodities, energies, precious metals, cryptocurrencies, and CFDs. The regulatory status defines the legal basis for account onboarding and service delivery. The company has been operating since 2014 and reports over 200,000 clients on its platform monthly, reflecting a broad user base engaging with the services provided under this oversight.

Account and Setup

Clients can open a demo account to test the platform suite and move to live trading with a minimum deposit of 10. Accounts can be denominated in USD or EUR. Market access is available through a web platform, mobile applications, and MetaTrader 4, including connectivity via a bridge. Position sizing starts from 0.01 lots and extends to a maximum of 20 lots. Hedging and scalping are permitted, while swap-free conditions are not available. Web and mobile trading support cross-device access, and MT4 offers a familiar workflow for users who prefer MetaTrader. This configuration supports straightforward onboarding for smaller account sizes and flexibility for larger orders.

Funding Options

Olymp Trade supports funding and withdrawals via credit and debit cards, WebMoney, Neteller, Skrill, FasaPay, Bitcoin, and Boleto. The broker applies no fees on deposits and withdrawals, which can simplify routine cash movements. Accounts can be held in USD or EUR, allowing users to align funding with a preferred base currency. These channels cover both traditional and digital payment options, providing multiple routes for account top-ups and payouts.

Bot & API Compatibility

MetaTrader 4 access is available, including connectivity via a bridge, which suits users who build and deploy strategies within the MT4 environment. API connectivity is not offered. Web and mobile platforms are also provided for monitoring and manual execution. With hedging and scalping permitted, traders can structure positions in ways that align with automated or discretionary short-term approaches on supported instruments via MT4.

Trading Conditions& Restrictions

Trading is offered with variable spreads and maximum leverage of 1:400. Available instruments include indices, commodities, energies, precious metals, cryptocurrencies, and CFDs, alongside two currency pairs. Execution is provided under an ECN model. The minimum order size is 0.01 lots, with a maximum of 20 lots per position. Hedging and scalping are allowed, while swap-free conditions are not available. OCO orders are not supported. Platform access spans web, mobile, and MT4, enabling users to select their preferred interface for the listed markets.

Regulation & Security

Olymp Trade is regulated by M.I.S.A. in Mwali. Under this authorization, the broker provides access to its supported platforms, including web, mobile, and MT4. Within this framework, it offers leveraged trading up to 1:400 across multiple asset classes, such as indices, commodities, energies, precious metals, cryptocurrencies, and CFDs. The regulatory status defines the legal basis for account onboarding and service delivery. The company has been operating since 2014 and reports over 200,000 clients on its platform monthly, reflecting a broad user base engaging with the services provided under this oversight.

Account and Setup

Clients can open a demo account to test the platform suite and move to live trading with a minimum deposit of 10. Accounts can be denominated in USD or EUR. Market access is available through a web platform, mobile applications, and MetaTrader 4, including connectivity via a bridge. Position sizing starts from 0.01 lots and extends to a maximum of 20 lots. Hedging and scalping are permitted, while swap-free conditions are not available. Web and mobile trading support cross-device access, and MT4 offers a familiar workflow for users who prefer MetaTrader. This configuration supports straightforward onboarding for smaller account sizes and flexibility for larger orders.

Funding Options

Olymp Trade supports funding and withdrawals via credit and debit cards, WebMoney, Neteller, Skrill, FasaPay, Bitcoin, and Boleto. The broker applies no fees on deposits and withdrawals, which can simplify routine cash movements. Accounts can be held in USD or EUR, allowing users to align funding with a preferred base currency. These channels cover both traditional and digital payment options, providing multiple routes for account top-ups and payouts.

Bot & API Compatibility

MetaTrader 4 access is available, including connectivity via a bridge, which suits users who build and deploy strategies within the MT4 environment. API connectivity is not offered. Web and mobile platforms are also provided for monitoring and manual execution. With hedging and scalping permitted, traders can structure positions in ways that align with automated or discretionary short-term approaches on supported instruments via MT4.

Trading Conditions& Restrictions

Trading is offered with variable spreads and maximum leverage of 1:400. Available instruments include indices, commodities, energies, precious metals, cryptocurrencies, and CFDs, alongside two currency pairs. Execution is provided under an ECN model. The minimum order size is 0.01 lots, with a maximum of 20 lots per position. Hedging and scalping are allowed, while swap-free conditions are not available. OCO orders are not supported. Platform access spans web, mobile, and MT4, enabling users to select their preferred interface for the listed markets.

Olymp Trade Reviews

( 458 )

Olymp Trade Reviews

( 458 )
Trading Ideas

Get inspired for your next move

Blog

Discover expert insights, tips and strategies

Features

Cutting-edge Trading Tools

About Us

Who we are and why we do it

Corporate solutions

Fund House Suite

Price ranging from
USD 100,000/mo

Corporate Suite

Price ranging from
USD 30,000/mo

Family Office Suite

Price ranging from
USD 10,000/mo

Retail solutions

Diamond

Price ranging from
USD 4,997/mo

Titanium

Price ranging from
USD 2997/mo

Platinum

Price ranging from
USD 497/mo