Profile
This Olymp Trade review evaluates the broker’s trading environment, platform features, and regulatory structure. Olymp Trade is a global online trading platform offering fixed time trades and CFDs across forex, commodities, cryptocurrencies, and indices. The platform targets beginner traders and operates under offshore registration, primarily focusing on simplified mobile trading experiences.
Regulation and Safety
Olymp Trade is operated by Saledo Global LLC, a company registered in Saint Vincent and the Grenadines (Reg. No. 227 LLC 2019). It is not regulated by any tier-1 authority.
- Member of the International Financial Commission (FinaCom), providing up to €20,000 compensation via dispute resolution
- No government-backed investor protection scheme
- Basic AML and KYC procedures during onboarding
- Funds claimed to be held in segregated accounts, but not audited under strict standards
Execution Model and Trading Platforms
Olymp Trade uses a proprietary web and mobile platform offering both fixed time trades (FTTs) and classic CFD-style trading. The platform is designed for accessibility rather than deep execution infrastructure.
Platform features include:
- In-house web and mobile terminals (iOS/Android)
- Integrated indicators, charting tools, and tutorials
- Copy trading via the “Strategies” feature
No MetaTrader (MT4/MT5), FIX API, or VPS support is available. Order execution is internalised with no direct market access.
Markets and Instruments
Olymp Trade offers over 100 tradable instruments across multiple categories:
- Forex – Major, minor, and some exotic pairs
- Cryptocurrencies – BTC, ETH, XRP, LTC (as CFDs)
- Commodities – Gold, oil, natural gas
- Indices – S&P 500, DAX, FTSE 100
- Stocks – US and EU equity CFDs
Asset availability may vary based on account type and geographic location.
Accounts, Spreads and Leverage
Olymp Trade offers two account types:
- Standard Account: Fixed time trades and CFDs with no commissions
- VIP Account: Higher returns on FTTs, access to exclusive strategies, personal account manager (minimum deposit $2,000)
Key trading conditions:
- Leverage up to 1:500 on forex CFDs
- Spreads: Variable, typically from 1.1 pips on major pairs
- Minimum trade size: $1
- Minimum deposit: $10
Funding and Base Currencies
Olymp Trade supports a wide range of payment methods depending on region:
- Bank cards (Visa, Mastercard)
- E-wallets – Skrill, Neteller, Perfect Money, Jeton
- Cryptocurrencies – USDT, BTC
- Local bank transfer (regional availability)
Supported base currencies include USD and EUR. Deposits are typically instant; withdrawals are processed within 1–3 business days. No internal fees are charged for deposits or withdrawals.
Client Protections and Features
While not regulated under major authorities, Olymp Trade provides:
- Membership in FinaCom with dispute resolution up to €20,000
- Segregated fund handling (claimed)
- Negative balance protection on all accounts
- Platform-based education, market insights, and live chat support
- Customizable indicators and interface themes
Institutional and Retail Offering
Olymp Trade is exclusively retail-focused. It does not offer institutional trading services, FIX API, white-label programs, or direct market access. Its structure is geared toward newer traders using simplified fixed return products and copy strategies.
Pros
- Low minimum deposit of $10
- Beginner-friendly proprietary platform
- Fixed time trades and CFD flexibility
- FinaCom membership with limited dispute resolution
- Multilingual support and extensive mobile features
Cons
- Not regulated by FCA, ASIC, or CySEC
- No MetaTrader, FIX API, or professional tools
- Internalised execution with no transparency
- FTTs are high-risk and banned in some jurisdictions
Frequently Asked Questions
Is Olymp Trade regulated?
Olymp Trade is not regulated by any tier-1 financial authority. It is registered in Saint Vincent and the Grenadines and is a member of the International Financial Commission.
What is the minimum deposit at Olymp Trade?
The minimum deposit is just $10 for standard accounts and $2,000 for VIP accounts.
What platforms does Olymp Trade offer?
Olymp Trade provides a proprietary trading platform for web, iOS, and Android. MetaTrader is not supported.
Are fixed time trades safe to use?
Fixed time trades (FTTs) are high-risk instruments and are banned in some regulated markets due to their similarity to binary options.
How fast are deposits and withdrawals?
Deposits are typically instant. Withdrawals are processed within 1–3 business days depending on method.