Company Summary
| Olymp Trade Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Forex, Stocks |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Proprietary trading platform |
| Minimum Deposit | / |
| Customer Support | 24/7 Live Chat |
Olymp Trade Information
Olymp Trade is an unregulated broker offering Forex, Fixed Time trades, and Stocks. It provides a free $10,000 demo account, charges no commissions, and features a proprietary trading platform.
Pros and Cons
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Is Olymp Trade Legit?
Olymp Trade is an unregulated broker. The WHOIS search shows the domain olymptrade-my.com was registered on January 29, 2021. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.
What Can I Trade on Olymp Trade?
Olymp Trade offers trading in Fixed Time trades (starting from 1 minute with a fixed rate of return), Forex (with no spreads and extended trade settings), and Stocks (for long-term investments, including major companies like Apple and AMD).
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Demo Account
Olymp Trade offers a free demo account with $10,000 for risk-free learning, and also provides access to ready-to-go trading strategies developed by professionals to help increase efficiency.
Olymp Trade Fees
Olymp Trade charges no commissions for investors.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary trading platform | ✔ | Desktop | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
