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Retail Broker

Olymp Trade

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Olymp Trade

Rating: 1
Author: Charles Carson

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Founded in

2014 (11 Years)

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Last online: No recent activity

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2 Reviews

Average

2.46/5

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Traffic & Engagement

4.33

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TrustFinance Intelligence Agency

Research date: Thg 10 14, 2025

The website provides a comprehensive overview of various aspects of mobile app marketing, including user acquisition, app store optimization, app engagement, monetization strategies, and influencer marketing. It features insights, guides, and directories related to affiliate marketing, app analytics, and advertising categories. The content is structured to assist app developers and marketers in navigating the mobile marketing landscape, showcasing tools, platforms, and networks available for effective app promotion and revenue generation.

The website provides a comprehensive overview of various aspects of mobile app marketing, including user acquisition, app store optimization, app engagement, monetization strategies, and influencer marketing. It features insights, guides, and directories related to affiliate marketing, app analytics, and advertising categories. The content is structured to assist app developers and marketers in navigating the mobile marketing landscape, showcasing tools, platforms, and networks available for effective app promotion and revenue generation.

Olymp Trade has launched in the Middle East, allowing traders to engage in Forex and Fixed Time Trades. The platform, which has over 9.5 million global users, offers gamification with three status levels (Starter, Advanced, Expert) that provide various privileges based on trading activity. It features over 70 assets, 40 technical indicators, yields up to 92%, and a demo account with virtual currency. The platform emphasizes inclusivity with halal trading and no swaps for overnight trades. Olymp Trade is regulated by the International Financial Commission and aims to support its traders.

Olymp Trade has launched in the Middle East, allowing traders to engage in Forex and Fixed Time Trades. The platform, which has over 9.5 million global users, offers gamification with three status levels (Starter, Advanced, Expert) that provide various privileges based on trading activity. It features over 70 assets, 40 technical indicators, yields up to 92%, and a demo account with virtual currency. The platform emphasizes inclusivity with halal trading and no swaps for overnight trades. Olymp Trade is regulated by the International Financial Commission and aims to support its traders.

The Reserve Bank of India (RBI) has issued a warning against unauthorized forex trading platforms, listing 34 illegal entities. The RBI emphasizes that forex transactions should only be conducted through authorized platforms and warns that unauthorized transactions could lead to legal consequences. The 'Alert List' provided by the RBI is not exhaustive, and individuals should verify the authorization status of any trading platform.

The Reserve Bank of India (RBI) has issued a warning against unauthorized forex trading platforms, listing 34 illegal entities. The RBI emphasizes that forex transactions should only be conducted through authorized platforms and warns that unauthorized transactions could lead to legal consequences. The 'Alert List' provided by the RBI is not exhaustive, and individuals should verify the authorization status of any trading platform.

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Charles Carson

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Bad

Overall Thought

Basically they hire thousands of marketers who lure people into downloading the app and eventually depositing decent sums. I have made a deposit before 3 days but still not credited to olymptrade account however money has been deducted from my bank account. I enjoy swift service trading on benarmstrong-trades so I move my invest there. I have sent several emails to Olymptrade customer service and supervisor but no response from them. I lost my money without trading. The worst customer service I have ever seen in my entire life. chatting option is operated by automatic machine or robot.

Thg 04 18, 2023

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Poor

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Olymp Trade Reviews

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Olymp Trade Review: Is Olymp Trade Broker Good?

Broker overview and general information

Olymp Trade is a brokerProviding online trading servicesEstablished in 2014 under the operation of Aollikus Limited and headquartered inSaint Vincent and the GrenadinesbrokerWith over 89 million customers in over 130 countries.

Licenses that brokers have obtained

If you ask whether Olymp Trade broker is good or not, you must start by considering the license and regulation first. The broker is regulated and licensed by Vanuatu Financial Services Commission (VFSC) under license number 40131.

 ⚠️Warning:From checking the VFSC license, license number 40131 under AOLLIKUS LIMITED, no information was found linking that Olym Trade is regulated by VFSC, so please consider carefully before investing

Products and services from brokers

Trading products

Olymp Trade is an online trading platform that offers a variety of trading modes, such as Fixed Time, Forex and Stocks. Fixed Time mode allows users to open orders to trade up or down based on the price of a universally traded asset, while Forex mode allows traders to use multipliers to increase profits when trading currency pairs and other assets.

Trading Platform

The broker has its own developed trading platform, which is accessible to traders via the broker’s proprietary web terminal and via mobile applications and websites.

Broker Account Types

The broker offers only one account type to choose from, with the following details:

Starting Spread: Not specified
Commission: Not specified
Leverage: 1:500
Swap: Not specified
Minimum deposit: $10

 ⚠️Attention: Olymp Trade has only one account type, but it gives traders special privileges depending on the account status. There are 3 statuses: starter, advanced, expert. Each status has different conditions for promotion.

Review of the pros and cons of Olymp Trade broker

Pros:

Easy to use platform
Support deposits and withdrawals via Thai banks
Minimum deposit only $10

Cons:

There is only one account type.
Several important information is missing from the website and some of the information is unclear.
Leverage is quite low
There are only about 30 Forex currency pairs available for trading.
Only broker platforms are supported.
The process of verifying your identity to withdraw money is quite complicated.
Complex trading conditions
High risk because it is a type of trading Binary Option

 ⚠️Considerations: Binary Option is a speculation from the price chart of various assets in 2 ways: predicting the price in an upward direction (Call Option) and predicting the price in a downward direction (Put Option) within a specified period of time. Some regulatory agencies have banned trading in this form of investment. However, in Thailand, there is no law controlling this type of investment. However, the SEC has publicized to investors to be more careful in this type of investment.

Broker Overview Summary

From checking the license and comments from real users, it was found that Olymp Trade is considered one of the most popular brokers in Thailand. Although the broker has different trading conditions from other brokers and does not display complete information on the website, the service is provided correctly. However, please use your discretion in deciding to apply for the service because making profits from Binary Option is a very high-risk trade that may cause you to lose all your money.

This Olymp Trade broker review is just a suggestion from the TrustFinance team to be used as information for decision-making for investors who are looking for a broker that is suitable for them. The important thing in choosing a broker is reliability. However, all types of investment have risks. Therefore, investors should study information carefully before deciding to invest.

Frequently Asked Questions about Olymp Trade

Is Olymp Trade legal?

Olymp Trade is registered and licensed under the given jurisdictions. However, some regulatory bodies have prohibited such trading. In Thailand, there is no prohibition at all.

Is Olymp Trade gambling?

Binary Options trading at Olymp Trade is a price prediction from the chart of various assets under a specific time frame, which is a form of making a profit. As a result, some investors use random guessing to make a profit. Therefore, Binary Options can be considered gambling. However, if investors use a trading system that has been analyzed and managed risks, it can be considered not gambling.

What is the minimum withdrawal amount for Olymp Trade?

Olymp Trade minimum withdrawal amount is $19 or €19.

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Olymp Trade Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.