Olymptrade Broker Review - Is it a Scam or not.?
5/5.0
Rating of Weteach24 Team
Olymptrade Started in 2014. Now It’s a most popular brand for Binary and Forex trading. The brand has picked up several awards, including
- Best Option and Financial Broker at the CPA Life Awards and Forex expo in 2017.
- Best Options Trading Platform at Le Fonti 2016.
- Fastest Growing Broker at ShowFx World 2016.
- won two Global Brands awards in 2019
Olymptrade is an international online trading platform.
The platform has been successfully operating since 2014, its trademark being a variety of instruments and impeccable quality service. This is confirmed by prestigious prizes from such industry experts as KROUFR Awards, IAIR Awards, Show FX World and others.
The unique customer benefits offered by Olymp Trade have been appreciated by traders from over 20 countries of the world.
These benefits include a low-cost access to the market (deposits start from $10/ €10), guaranteed no-commission money withdrawal within 1-5 days, a full-featured demo account, 24-hour multilingual technical support and a comprehensive trading knowledge database. FinaCom experts, who certified the Olymp Trade platform, emphasized the safety, capacity and transparency of the accounting flow, honesty of trading operations processing, protection of confidential customer information and backup data storage
Source – https://financialcommission.org/olymp-trade/
Two-factor-authentication for more security
Users can use 2FA (Two-Factor-Authentication) to prevent any suspicious access to their accounts as part of their endeavor to ensure that Olymp Trade is safer for their customers.
Fact About Regulation
Regulated by International Financial Commission
Facts about Olymptrade
- Minimum Deposit – $10
- Minimum Trade – $1
- Maximum trade – $2000 and $5000 (VIP)
- Demo Account – Available
- Trading Signals – Available
- Assets – 200 +
- Forex, Cryptocurrencies, Stocks, ETFs, and more
Charts
- Line Charts
- Bar Charts
- Candlesticks
- Mountain Charts
Technical Analysis
Free Indicators and Drawing Tools available
Account types: VIP status and basic account
You need to deposit $2000 or more to have VIP Status on olymptrade.
Minimum Deposit Amount – $10
Deposit methods
- Credit Cards (VISA Card/Master Card)
- Neteller
- Skrill
- WebMoney
- Yandex
- Qiwi
- ePayments
- Bitcoin
Choose your deposit amount
- Put the Amount you want to Deposit
- Then Select the Payment Method.
Withdrawal Methods – Skrill, Neteller, Perfect Money, WebMoney, China Union Pay , Bitcoin, USDT, Ethereum and Local Bank Transfers Available
| Minimum withdraw | $ 10 , $120 for Bitcoin |
| Maximum withdraw | No |
| Withdrawal fee | No |
| Withdrawal duration | 24 hours to 3 days |
| Withdrawal payment methods | Credit cards, cryptocurrencies, e-wallets, local bank transfers |
| Bonus withdrawal | Yes, available (see turnover conditions) |
| Withdrawal rules | No additional rules, sometimes verification of the payment method is |
Can I withdraw the bonus?
It is not possible to withdraw your bonus amount. The bonus can only be used to earn profits. You can pay out the profit but not the bonus. In the menu, you will see the bonus amount. The bonus can be up to 100%. That means it doubles your deposit amount. It is a good possibility to earn a higher profit in the markets because you got more money to trade.
What can I do if the payment get delayed.
- Fully verify your trading account.
- Verify the payment methods.
- Check your emails (also spam folder) for emails from Olymp Trade
- Contact support if the payment did not reach you withing expected time.
- Trade history – This is where you can find your recent Trades
- Candle Type – You can select Area Chart , Japanese Candlesticks or Bars.
- Indicators – You can Select Indicators that you need to use when you trading on this list, We will discuss later
- Amount – You can change the Amount you invest.
- Expire – You can change trade Expire Time.
Verification process
1. Click on the Profile Button that is Next to Payment Button. Then you will see Account Verification Btn. Click on It.
2. Then Press on Verify my account Now Button. Then you fill redirect to Verification Page.
To complete the verification process, please upload the following documents.
- Passport or a government issued ID
- 3-D selfie
- Proof of address
- Proof of payment (after you have deposited funds into your account)
How Long Does the Verification Process Take?
The great thing is that it will take only 3 business days to process your documents.
