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OLYMP TRADE PRO

China|2-5 years|
Suspicious Scope of Business|High potential risk|

https://olymptradepro.com/

Website

Rating Index

Contact

https://olymptradepro.com/

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2024-12-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

OLYMP TRADE PRO · WikiFX Survey

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OLYMP TRADE PRO · Company Summary

Aspect Information
Company Name OLYMP TRADE PRO
Registered Country/Area China
Founded Year 2014
Regulation Unregulated
Minimum Deposit 10 dollars or euros
Maximum Leverage Not Given
Trading Apps Desktop、Android、APK、PWA
Tradable Assets Stocks、 Currencies、 Commodities、Crypto、Forex、Metals、Indices、ETF、OTC、Composites、Quickler
Account Types Trading Account、USDT Account、Multi Account、Islamic Account、Demo Account
Demo Account Available
Customer Support Phone, Online chat, Email, Helpcenter
Educatioal Resources Strategies, Signals
Deposit & Withdrawal Skrill, bank cards (credit or debit card), Neteller, WebMoney, Fasapay

Overview of OLYMP TRADE PRO

OLYMP TRADE PRO is a broker operating in Chian since 2014 without regulation. It offers a range of trading products, including Stocks, Currencies, Commodities, Crypto, forex, Metals, Indices, ETF, OTC, Composites and Quickler.

Traders can choose from four account types according to their preferences with the minimum deposit of 10 dollars or euros. The broker emphasizes customer support, providing multiple contact options and various educational resources, which are beneficial for individuals.

OvOverview of OLYMP TRADE PROerview of OLYMP TRADE PRO

Regulatory Status

OLYMP TRADE PRO is currently in an unregulated state. Traders are suggested to be cautious as the company lacks regulation by an authority.

Regulatory Status

Pros and Cons

OLYMP TRADE PRO has several advantages, including providing a diverse range of tradable assets, dedicated customer support, and a low minimum deposit. The broker offers various trading apps and download methods, allowing clients to access them on desktop and Android devices. Additionally, the company provides demo accounts, which are convenient for clients to develop their strategies in a risk-free environment.

However, the broker is unregulated, which poses risks for clients. Additionally, educational resources are limited.

Pros Cons
Diverse range of tradable assets Unregulated
Dedicated customer support Limited educational resources
Minimum deposit is as low as $10
Available demo accounts
Various trading apps

Market Instruments

OLYMP TRADE PRO offers a comprehensive range of assets, including Stocks, Currencies, Commodities, Crypto, Forex, Metals, Indices, ETFs, OTC, Composites, and Quickler.

For those interested in stocks, OLYMP TRADE PRO provides insights, analytical tools, and 24/7 support, enabling traders to access trading on Blue Chips and other popular stocks with zero commission to open trades. This creates an excellent stock trading experience.

Forex trading involves individual traders meeting to trade currencies. The broker provides zero spreads and commissions starting from 0.6 pips, along with free comprehensive knowledge to help traders buy currencies at a lower price and sell them at a higher one to make a profit.

Quickler enthusiasts can enjoy the trading instrument designed by OLYMP TRADE PRO to explore various techniques in a fast-paced environment and have the possibility to make trades with up to 80% profitability.

However, the details of other assets are not displayed on the website.

Market Instruments
Market Instruments
Market Instruments
Market Instruments

Account Types

OLYMP TRADE PRO offers five types of trading accounts: Trading Account, USDT Account, Multi Account, Islamic Account, and Demo Account. Each account has its own features, and the methods for depositing or withdrawing funds vary depending on the account type, usually including Skrill, bank cards (credit or debit card), Neteller, webmoney, and Fasapay. Additionally, the minimum deposit for trading accounts is $10, while the deposit and withdrawal limits for USDT Account range from ₮5 to ₮1000,000.

The broker provides wide selection for both novice and experienced traders. Traders can discover the ideal match by selecting a trading account customized to meet their specific requirements and preferences.

AccountType TradingAccount USDTAccount MultiAccount IslamicAccount DemoAccount
Description It's an account you use for trading or holding a certain currency. It allows you to make deposits and withdrawals using USDT cryptocurrency. Multi-Accounts is a feature that allows traders to have up to 5 interconnected live accounts on Olymp Trade. The account allows anyone to enjoy a true swap free halal Forex trading experience on the platform. A type of account that allows you to practice trading without any risks
Deposit & Withdrawal Skrill、bank cards、Neteller、webmoney、Fasapay Bank、Credit or debit Card、Third party payment Skrill、bank cards、Neteller、webmoney、Fasapay —— ——
Deposit & Withdrawal range Minimum deposit $10 ₮5-₮1000 000 —— —— 10,000 in refillable demo currency
Others Clients can get higher statuses by making larger deposits, or collecting XP and moving up the Traders Way and the statuses are divided into STARTER, ADVANCED and EXPERT. —— ——
  • You only pay fees when opening a trade
  • Transparency on all platform fees, with zero spread
  • Your account balance will not drop below zero even if your trades are unsuccessful
  • Buy and sell on live price movements
  • Trade online 24/7
Account Types
Account Types

How to Join?

Joining OLYMP TRADE PRO is a straightforward process that can be completed in a few simple steps:

  1. Registration: Visit the OLYMP TRADE PRO website and click on the “Registration” button. You will be directed to the registration page, where you can log in with your email or through your Apple, Google, or Facebook account.

How to Join?
  1. Choose the account type : Select a trading account customized to meet your specific requirements and preferences.

  2. Deposit Funds: Go to choose a convenient payment system and make a payment. The broker accepts Skrill, bank cards (credit or debit card), Neteller, WebMoney, and Fasapay for direct payments. However, please note that different accounts have different payment methods and minimum deposit requirements.

  3. Start Trading: With your account funded, you can now access the trading platform provided by OLYMP TRADE PRO and start trading.

Trading Apps

The broker offers an innovative web trading platform and a desktop app compatible with Windows x32, Windows x64, macOS, and Web App. This allows traders to enjoy the convenience of trading and making profits from their desktop.

Additionally, the broker has developed mobile apps available on Google Play, Galaxy Store, Android APK, Huawei, and Xiaomi. This makes it convenient for traders to download the app on their phones and enjoy a wonderful mobile trading experience.

Trading Apps
Trading Apps
Trading Apps
Trading Apps

Deposit & Withdrawal

OLYMP TRADE PRO allows Skrill, bank cards (credit or debit card), Neteller, WebMoney, and Fasapay for direct payments.

However, traders are advised to pay attention to the fact that different accounts have different payment methods and minimum deposit requirements.The minimum deposit for trading accounts is $10, while the deposit and withdrawal limits for USDT Account range from ₮5 to ₮1000,000.

Deposit & Withdrawal
Deposit & Withdrawal
Deposit & Withdrawal

Customer Support

OLYMP TRADE PRO provides various contact options to assist clients with different needs:

Telephone consultation: Responsive customer service of OLYMP TRADE PRO is ready to answer any questions you may have. Our number is: + (356) 2034 16 34

Online message: You can contact the company via online messaging. Your inquiries are important to us, and we aim to respond promptly 24/7.

Main office: Our Office is 1276, Govant Building, Kumul HighwayPort Vila, Republic of Vanuatu.

Email: Customers can contact OLYMP TRADE PRO via email at support-en@olymptrade.com

FAQs: If you have questions and seek quick answers, OLYMP TRADE PRO offers a comprehensive list of Frequently Asked Questions (FAQs) on their website on which you can find a lot of useful information.

Helpcenter: The broker provides detailed information and explanation about all the possible questions and problems clients may encounter.

Customer Support
Customer Support

Educatioal Resources

OLYMP TRADE PRO offers strategies and signals to assist traders in making informed decisions and maximizing their trading potential. Their experts continually analyze the market to provide timely insights and recommendations in the form of videos and text, offering a comprehensive range of strategies and signals that cater to traders of all levels.

Educatioal Resources
Educatioal Resources

Conclusion

In conclusion, OLYMP TRADE PRO is a broker that has several advantages, including providing a diverse range of tradable assets, dedicated customer support, low minimum deposit, demo accounts and various trading apps and download methods.

However, the broker is unregulated and the educational resources provided are limited. Traders are advised to carefully consider these factors when choosing to trade with OLYMP TRADE PRO to ensure a secure and informed trading experience.

FAQs

Q: How do I start trading?

A: To start trading, all you have to do is register on the platform, make a minimum deposit of 10 dollars or euros, pick a trading instrument to trade on, choose a trade amount and confirm the transaction.

Q: What are the benefits of trading on OLYMP TRADE PRO?

A: The app was designed with our users in mind. The broker provides a simple interface and offers a wide range of trading tools and instruments. Olymp Trade benefits also include regular online activities that help make trading both fun and effective.

Q: How do I create an account?

A: You can sign up on our Olymp Trade registration page, which you can access via our main page by pressing the Registration button.

Q:Can I withdraw money from a demo account?

A:The Olymp Trade demo account provides the same functionality as a live account but uses virtual funds which can't be withdrawn.

Q: Do you have a mobile application?

A: Yes, the Olymp Trade mobile app is available on iOS and Android.

Broker Information

Company Name

OLYMP TRADE PRO FOREIGN EXCHANGE

Abbreviation

OLYMP TRADE PRO

Regulatory Status

No Regulation

Platform registered country and region

China

Company website
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Company Summary

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