Company Profile
Company Profile
Review summary
| OlymptradeReview Summary | |
| Founded | 2014 |
| Registered Country/Region | Vanuatu |
| Regulation | No regulation |
| Market Instruments | Forex, Stocks |
| Demo Account | ✅ |
| Leverage | / |
| Spread | From 0 pips |
| Trading Platform | Olymptrade, PWA |
| Minimum Deposit | $/€ 10 |
| Customer Support | Phone: + (356) 2034 16 34 |
| Email: support-en@olymptrade.com | |
| Social Media: Facebook, Instagram, Telegram, Youtube, Twitter, Tiktok, Pinterest | |
| Physical Address: 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu | |
Olymptrade Information
Olymptrade is an online trader registered and established in Vanutu in 2014. It supports traders in trading forex and stocks through its own trading platform. In addition, it also supports a minimum spread of 0 and 0 commission. But currently, it is in an unregulated state.
Pros and Cons
| Pros | Cons |
| Support demo accounts | No regulation |
| 24/7 support | No account detail information |
| The spread starts from 0 | MT4/5 is not supported |
| Support zero commission | Limited trading products |
| Low minimum deposit of $10 |
Is Olymptrade Legit?
Olymptrade was registered in 2014, but it is currently unregulated.
What Can I Trade on Olymptrade?
Olymptrade supports you in trading forex, with over 100 assets including currency pairs,majors, minors, exotics,crypto and more. In addition, you can also trade stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Cryptos | ❌ |
| Futures | ❌ |
| Indices | ❌ |
| Options | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Account Types
Olymptrade did not provide specific account information. What can be known is that the minimum deposit amount is 10 US dollars or euros. It also supports the opening of demo accounts and Islamic accounts.
Olymprade Fees
Foreign exchange trading supports 0 spread, with commissions starting from 0.6 pips. And there is no commission for opening a stock position for trading.
If no transactions are made in a real account and/or funds are not deposited or withdrawn within 180 days, a monthly idle fee of $10 (or the equivalent account currency) will be charged.
If the account balance is lower than the idle fee, only the available balance will be charged. Accounts with a balance of zero will not be charged any fees.
Trading Platform
Olymprade offers its own trading platform, which can be used on both desktop and mobile devices. In addition, there is a web-based trading platform called PWA.
| Trading Platform | Supported | Available Devices | Suitable for |
| Olymptrade | ✔ | Desktop, Mobile | / |
| PWA | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Deposits can be made using bank cards, cryptocurrencies or electronic payment systems. To withdraw money, you need to press the payment button through your account, select withdrawal, specify the withdrawal amount and confirm the transaction. The minimum withdrawal amount is 10 US dollars or euros.
FX1029398893
India
I have been trading on Olymp Trade for about six years . On 24 November 2025 I submitted a complaint after observing unusual settlement behaviour in several short-expiry trades. One trade was internally reviewed by the broker and refunded on 27 November 2025. This confirmed that an execution irregularity occurred during that trading period. After this refund I reviewed other trades executed during the same session, including XAG/USD short-expiry trades. Several trades appeared to show similar settlement behaviour. In multiple examples the mini-chart displayed after the trade shows the position favourable during most of the trade duration but the final settlement becomes a loss at expiry. I documented these examples with screenshots, trade comparisons and mini-chart video recordings and submitted them to the broker. The additional trades were declined mainly due to the five-day claim rule. The case was escalated to FINACOM, where incorrect
Exposure
Hoa Sen Đỗ
Vietnam
Over more than 4 years of trading on this platform, I have closely monitored my trades and observed that "the majority of my trades frequently incur losses in the very last second." There are many instances where "the closing price equals the opening price," yet I still lose money on that trade. The strange part is that "when I later check the trade history, I discover the price has been altered." I suspect the Broker/Platform has been interfering with my trades, consistently causing me to lose money at the very last second. Particularly when I invest large amounts, they orchestrate a consecutive series of losing trades leading to repeated account blowouts. Below are screenshots of a streak of consecutive losing trades resulting in repeated account blowouts and frequent last-second losses. I'm sharing this for everyone to consider before trading on this platform. This platform is far from credible, despite their claims.
Exposure
FX8316196672
Uruguay
When making a trade, I lost the 30 dollars I had left in the account and decided to cancel the withdrawal of the 67 dollars I wanted to put on my card (I had a total of 98 dollars). 25 hours have already passed and those 67 dollars are neither on my card nor in my Olymp Trade account. When speaking with technical support, they tell me that I supposedly lost them by making a trade; I have screenshots showing that I had only bet 30 dollars, not the 98.
Exposure
vicente8121
Cuba
I took a screenshot of one of my trades and the candle was right on the line (it closed, it expired there) when I came back in, it showed that it had broken. Look in the images how the candle changes, that is a scam.
Exposure
Namkaeng Nathnycha
Thailand
As you can see, I opened a buy 5s order. This order will end at 22:17:00.938, which is already a new candlestick. and the moment when my order closed The new candle (time 22:17:00) during this time rose without any contraction.
Exposure
satria5455
Indonesia
They manipulated me into executing simultaneous buy and sell actions in binary options, resulting in losses from both. These dishonest brokers, disguised as traders, manipulate the prices.
Exposure
อภิคม
Thailand
This is one of the most misleading reviews of Olymp Trade that I have ever seen. There was no mention of FinaCom governance or customizable platforms, nothing at all, just a bunch of random stuff that wasn't relevant. I don't think it can be trusted like this.
Positive
Mai3525
Vietnam
It says there is no regulatory information on official website. But that's not true😉
Positive
Carub Lazuardi
Indonesia
So many fake comments and complaints here. They even complain for high spreads, while this broker has no spreads at all 😀 Olymp Trade maybe it’s not the perfect broker, but definitely is not a scam.
Positive
ประพจน์
Thailand
Olymp Trade has been around for longer than what is written here. Plus there are other things written incorrectly. But personally, I have a good trading experience here. Better than most brokers
Positive
Wisnu6847
Indonesia
The withdrawal processing is very fast. No delays, not many questions either.
Positive
Elon Sihotang
Indonesia
I can't agree with the verdict this website made. Financial commission seems to be quite a reputable financial body which is supervising many brokerage companies in the industry. For me, it's an appropriate and reliable partner in the world of finances. Indeed, it has some differences from other companies, but it's just the way brokers survive in the market. They should differ.
Positive
ผดุงศักดิ์
Thailand
I won't lie. I have traded on many platforms including Olymp Trade. To be honest, There are probably better platforms than Olymp Trade. I have traded on one or two. But the important thing is that Olymp Trade is consistent. This place has been open for many years. and always provide high quality customer service without creating any problems or lowering standards at all This is very important. If you want to trade at the broker for a long time. Because consistency is very important in this business.
Positive
FX4467879632
Turkey
Close my account and take the money in it3718$ And they said that I violated item number 8But I did not violate anything And I didn't do anything I contacted them a lot without benefit. They say the company’s decision, why do you deceive me and take the person’s fatigue I want my money from them if you can help and warn some of them
Exposure
FX8618241452
Indonesia
They prevented you from making profits and rejected the withdrawal. They were of no regulation of FCA, ASIC or CySEC.
Exposure
Victor Maduabuchi
Nigeria
I made a deposit of 1000 Nigeria Naira (#1000) into my Olymptrade account and it was never credited, I sent a message to their email address but the message was not replied, all efforts to get through the their customer service representative proved abortive... please do stay away from them, they are not trustworthy.
Exposure
FX1215875328
Nigeria
This is the victim who was trying to make money from forex for her sick father. She contacted Max in January. Max Zuniga said “You will be seeing 7-15k returns a month per account”. A few months and a lot of ghosting later she contacted Max in April for an update. All 3 accounts failed. Anyone who’s local or lives near Max or is a friend or an acquaintance will know this is Maxes phone number. Proof folks. An easy $3750 for Max for failing all 3 accounts. Stay away from such type of scammers
Exposure
FX2714393842
Indonesia
Unable to withdraw
Exposure
FX3014259715
Paraguay
I tried to withdraw funds in this platform while I can't
Exposure
Chanalong
Thailand
Close my orders automatically
Exposure
หมูหลวง หมูหลวง
Thailand
I just wanna get my money back. What should I do? I must report the situation to someone.
Exposure
FX2152685821
Malaysia
Close positions before hitting 0
Exposure
FX5958599712
Nigeria
I think it's a fraud platform... so far I have spent over 300 dollars trying to trade with some progress, at the blink of a second, the price trends will suddenly reverse to a lose of trade, this occurs again and again thereby causing me to eventually lose all my money .... Please stay away....
Exposure