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Social Scout
See what Social Scout found of Olymp Trade
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Social Scout
See what Social Scout found of Olymp Trade
Provided by TrustFinance AI Analysis
Unproved
Unproved
N/A
2014 (12 Years)
Last online: No recent activity
Please carefully consider your options and choose the service that best meets your needs.
Avoid
15
Provided by TrustFinance
Security Information
0.00
Verification on TrustFinance
0.00
Traffic & Engagement
5.00
Social look up
0.00
Provided by TrustFinance
Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Olymp Trade
Get to know Olymp Trade
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Research date: 10月 14, 2025
Provided by TrustFinance AI AnalysisReview Analytic
Charles Carson
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Poor
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Summarization
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.
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
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.
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.
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.
Easy to use platform
Support deposits and withdrawals via Thai banks
Minimum deposit only $10
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.
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.
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.
Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.
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.
