Olymp Trade Review – Trusted Broker Or Not?

The essential information contained in this Olymp Trade reviews will allow you to discover if this broker is an interesting option for investing in the stock market. Is it a trustworthy platform? Is it the best choice on the market? Find all the answers in this guide.

Who is Olymp Trade?

Olymp Trade is an online broker launched by Saledo Global LLC, which has been on the market since 2014. The company reportedly has a physical address in Russia, more precisely at Savushkina St, 19, St Petersburg, 197183.

Initially specialized in forex trading (exchanging currency pairs), Olymp Trade is now a site that offers a good variety of assets to invest in. In doing so, the company offers branches all over the world, and in particular in France (Saint-Vincent-et-les Grenadines).

According to the Olymp Trade opinion, the broker is present in more than 194 countries and available in more than 13 languages. The stated goal of the Olymp Trade platform is to democratize access to the stock market for all its users. To this end, the mobile trading application launched by this broker has already reached more than 50 million downloads. This is how the more than 60 million users of this broker have access to the most profitable investment securities on the stock market.

Trader avec Olymp Trade en mai , c’est profiter de :

• A fluid, simple and easy-to-use trading platform or site;
• A wide variety of assets and securities to invest in;
• Complete training programs for novice investors or traders on the stock market;
• Tight spreds, leverages rated at over 1:300;
• Free registration and demo account for all users;
• Customer service available every day, i.e. 24 hours a day, 24 days a week;
• No fees charged on the various withdrawals and deposits made to your Olymp Trade account;
• A broker member of FinaCom (Financial Commission), responsible for monitoring the reliability of the brokers that make it up;
• A trading platform available on web, mobile and even PC.

Olymp Trade, ECN or Market Maker?

The Olymp Trade trading site is an ECN type broker. This means that investors who trade with this broker benefit from several advantages.vantages like attractive prices and fairly low trading fees. Indeed, an ECN trading site falls into the category of brokers who directly practice the prices set by the stock markets.

Olymp trade is also a broker that falls into the category of STP platforms. In other words, the Olymp Trade trading site has a significant diversity of providers of assets and securities. This allows it to offer some of the most attractive prices, a bit like our OctaFX review.

Conversely, Market Maker brokers position themselves as counterparties. This means that they themselves set the prices for both the purchase and sale of the assets they offer. For investors, trading via this type of broker helps limit slippage (slippage effects generally observed on the price of assets on the stock market). even if these Market Maker brokers have thevantage to guarantee liquidity on stock markets, they are often accused of manipulating prices to their advantage.vantage.

Olymp Trade Broker Key Figures

What are Leverage at Olymp Trade?

Leverages are multipliers, which significantly increase the gains you make on the stock market. In this regard, Olymp Trade offers leverage effects valued from 1:400. This value is well above the average which is generally set at 1:300.

In addition, the Olymp Trade site would even offer maximum leverage effects that can reach a value of 1:500. As a result, the broker is positioned as a serious competitor for sites like Vantage. It is a platform recognized for being one of the sites offering the best leverage effects on the market.

What Products to Trade on Olymp Trade in?

• Forex trading, or currency pair trading, is an investment method that involves buying or selling currency pairs and profiting from differences in exchange rates between them;
• Buying shares on the stock market: Olymp Trade also offers investors a whole range of shares to buy on the stock market, including those of some of the most reputable companies in the world;
• Trading commodity prices: gold, silver, oil, or even natural gas – it is possible to invest in these assets on the stock market. The most common way is to speculate on their prices using exchange-traded instruments such as CFDs or Futures;
• Cryptocurrencies: are also among the products to be traded on the Olymp Trade platform, particularly via forex, or simply by speculating on their stock market prices;
• Stock market indices: These are also assets for which Olymp Trade offers investment options. Through the tracking tools or ETFs offered by Olymp Trade, users can generate significant gains on stock market indices.

Deposits and Withdrawals at Olymp Trade Reviews

OlympTrade users will need a starting fund in order to make their investments in the stock market. Once they generate the desired profits from these funds, they can proceed to withdraw their due at any time. These different transactions are very often carried out through the main means of payment accepted on Olymp Trade, namely:

• Credit cards, but also debit cards such as VISA or MasterCard are accepted to make payments (deposits and withdrawals) on OlympTrade;
• Bank transfers: are also options that will allow you to complete all your financial transactions on Olymp Trade;
• Electronic wallets: Paypal, Skrill, Neteller, Webmoney and others are also payment methods accepted by the broker Olymp Trade.

NB: If you are ready to switch to a real account and therefore start generating your first gains on the stock market, you will need to deposit the minimum amount of €10 into your Olymp Trade account. whether for deposits or withdrawals, the waiting time to see your payments made on the site is generally 24 hours maximum.

How to contact Olymp Trade?

• Live Chat: accessible directly via the broker's website;
• Telephone call: if you wish to speak directly with an Olymp Trade advisor;
• Email message: via the address [email protected].

In addition, whether for complaints, to report a bug, a malfunction or any other problem encountered, the platform provides you with customer service available 24 hours a day, 24 days a week.

However, the platform does not have all the necessary resources, such as social trading, to be the most suitable for beginner investors. In terms of a broker suitable for beginners, the opinion eToro shows that it is the platform that remains in pole position on the market.

Review – Is Olymp Trade reliable?

• History of Olymp Trade scams;
• Olymp Trade Regulations.

History of Olymp Trade Scams – Reviews

During our Olymp Trade review survey, it appeared that many users complain that they have had their accounts blocked without any valid reason by the broker. These users see it as a strategy found by the broker to steal their funds.

Indeed, according to their words, each time this happened, the user already had a substantial sum in his account. To these allegations, the Olymp Trade platform replied that these are usually only temporary blocks. According to the broker, these blocks are made in order to verify the credentials of the holders of these accounts. All this for the sole purpose of securing them.

Our Olymp Trade opinion concerning the reliability of this broker with regard to these accusations therefore remains quite mixed, while waiting for new elements.

Olymp Trade Regulations

To date, the Olymp Trade trading platform does not yet have a regulated license from a recognized financial authority. However, Olymp Trade has indeed requested it. But the platform launched in 2014 is relatively young and this type of procedure takes time.

However, the fact remains that the broker Olymp Trade presents quite convincing reliability arguments. Indeed, the broker is notably a member of FinaCom (the Financial Commission) is an organization responsible for controlling the stock market activity of its members.

FinaCom even guarantees reimbursement of up to $20 in compensation to each client of one of its member brokers if ever proven cases of fraud or scam are revealed.

Opinion – Is Olymp Trade an AMF Broker?

No, because even if the platform has already started the procedures and is awaiting validation, the Olymp Trade broker has not yet obtained the license. It is therefore not yet part of the list of the best AMF trading sites. Indeed, the Financial Markets Authority (AMF) is a legal body whose function is to regulate the activity of online trading sites which are granted this operating license.

Furthermore, Olymp Trade still presents thevantage not to be on the blacklist drawn up by the AMF. This blacklist contains all the trading platforms deemed illicit by this legal body.

Olymp Trade in France, does it exist?

Based in St Petersburg in Russia, the broker Olymp Trade has to date no known physical address in France. But the fact remains that traders residing in France can access it to invest in the stock market. In addition, the platform even admits customer service in French for all its users who speak this language.

At this level, our Olymp Trade opinion will be rather positive, even if this broker is not one of the best brokers in France in 2025 and 2025.

What are the Fund Protection Measures at Olymp Trade – Notice?

The main protective measure put in place by the broker Olymp Trade concerns the KYC protocols. These include a system for verifying the identity of an account holder. This system also makes it possible to impose limits and thus to avoid scams.

Also, Olymp Trade only admits natural persons to its platform, as corporate accounts often hide malicious bots intended to scam newbie or naive traders.

However, even if Olymp Trade offers an interesting level of security for the accounts of its customers, it is undeniable at the end of this Olymp Trade opinion that the site is still far from an optimal level. Indeed, brokers like AvaTrade offers better trading tools and guarantees, through several protocols, an almost perfect level of security.

Rewards obtained by Olymp Trade

To date, Olymp Trade has many awards and accolades to its credit that help endorse the credibility of the broker.

The Different Olymp Trade Trading Accounts

• The Demo Account: absolutely free and accessible to all users with a virtual balance of €10,000;
• The Beginner Account: through which it is possible to invest with a minimum balance of €10, for a return rate of over 82%;
• The Advanced account: on which the initial investment is set at €500, and the return on investments is over 85%;
• The Expert or VIP account: for which you will need to have at least €2,000 of initial investment, for a return rate set at over 92%.

What are the fees on Olymp Trade – Reviews?

• Fees on deposits and withdrawals: Olymp Trade does not charge any fees on payments (deposits or withdrawals) made on the platform. However, your bank or payment provider may apply certain fees to these transactions.
• Inactivity fees: After 180 days of inactivity, you will have to pay approximately €10 in fees to the broker for account maintenance;
• Olymp Trade commissions: are approximately €4, deducted from your profits made through forex (currency pair) trading if you have an ECN account. Holders of standard Olymp Trade accounts, however, pay no fees for this type of transaction.
• Olymp Trade spreads are 0.6 pips on ECN accounts on the platform, but are 1.1 for standard account holders.

At this level of our Olymp Trade review, it appears that this broker charges quite competitive fees. However, the XM broker remains one of the best references on the market in terms of practicing low fees.

What are the trading platforms on Olymp Trade?

• Mobile Application: Olymp Trade undoubtedly offers one of the best user experience mobile trading platforms available;
• Web Trading on Computers: It is also possible to invest in the stock market simply and efficiently via the web version of the Olymp Trade trading platform. This version is indeed better suited to desktop computers;
• MetaTrader4: Olymp Trade also offers all its users the possibility of trading on the famous Metatrader4 platform, better suited for forex trading, with interesting tools such as automatic trading robots.

Order Execution and Slippage at Olymp Trade – Reviews

On the official Olymp Trade website, the broker claims that its trading platform enjoys excellent execution speed. Promise quite difficult to believe, when you know that this broker is of the ECN type, brokers generally known for their regular slippages.

Additionally, our survey for this Olymp Trade review guide among platform users revealed that some complain that the speed of execution on this trading site is very often not optimal. Contradictory allegations therefore to the assertions of the Olymp Trade platform, hence our mixed opinion.

Olymp Trade Trading Tools

• All The tools of the Metatrader 4 suite will be available to you on the Olymp Trade broker, including automatic trading robots and technical analysis tools;
• Un support area mainly with training materials to assist you in developing your various investment strategies;
• A set of more than 20 indicators that allow for a better understanding of stock market trends;
• Graphics.

Olymp Trade Bonuses and Memberships – Reviews

New registrants on the Olymp Trade platform are usually offered The broker offers a welcome bonus when you make your first deposit. In addition, you can also become an affiliate of Olymp Trade. The broker offers an affiliate program for all members who wish to become business partners.

As an Olymp Trade affiliate, you can earn up to €5 for each of your referrals who install the broker's application. Up to €150 can be awarded to you based on the amount of the first deposit made by all members who signed up through your affiliate link.

To create an Olymp Trade partner account, you need to go to the “KingFin” site, which is the platform dedicated to the Olymp Trade affiliate program.

Olymp Trade vs Other Brokers – Reviews

Following this comparison table, we realize that the Olymp Trade broker is certainly interesting, but the rating assigned to it is still far from competing with that of the reference brokers as the review shows. Vantage.

Avantages and Disadvantages Olymp Trade

Conclusion: Olymp Trade Review – What do you think of the site?

At the end of this Olymp Trade review guide, it appears that from a general point of view, theeBroker is one of the most interesting on the market. However, it still remains in the shadow of platforms like Vantage ou eToro. The latter offer much better investment opportunities in the stock market. This is particularly the case with regard to investment possibilities, leverage or even fees.

❓Should Olymp Trade be trusted?

This Olymp Trade review shows that it is trustworthy, being part of FinaCom.

What is the minimum amount to invest on this Broker?

With only €10 in an Olymp Trade standard account, you can start generating your first gains on the stock market.

❔What are the fees applied at Olymp Trade?

Commissions of around €4 and spreads of up to 1.1 pips are usually taken from your winnings.

☝️Is Olymp Trade suitable for beginners?

Yes, thanks in particular to its training space, the free demo account and its many trading tools.

What alternatives to Olymp Trade?

You have the choice between Vantage, eToro, DEGIRO, or AvaTrade. These brokers have a proven track record. They are better qualified than Olymp Trade to satisfy your requirements.