Is Olymp trade a good broker?

Investors & Traders ForumCategory: Broker QuestionsIs Olymp trade a good broker?
Nemo asked 1 year ago

So I’m looking for a good binary option broker now and I came across this company. There are many reviews and comments. But I wanted to hear from you guys, who have olymp trade’s real accounts.

16 Answers
Scam Trading Brokers Staff answered 1 year ago

Hi Nemo,

Did you read this review: https://scambroker.com/olymp-trade/

That’s all you need.

Here are the brokers most people use: https://scamoption.com/best-trading-robots/

Nemo answered 1 year ago

Scam Option Brokers, thanks! I couldn’t find this thread for some reason. Maybe I typed in something different. But I still don’t see any reviews.

Jhon Grizo answered 1 year ago

Everything depends on what a “normal broker” means for you. If you want a broker that doesn’t mess with your trading, provides good conditions and withdraws money on time, then olymp trade would fit the bill.

Nemo answered 1 year ago

Well, you’ve described some kind of a perfect broker. I think olymp trade, just like other companies, has its own advantages and drawbacks.

aurelio rodrigues answered 1 year ago

That’s true. Nobody says it’s a perfect broker. But trading here is nice and safe.

Nemo answered 1 year ago

And how long have you been trading with this broker?

aurelio rodrigues answered 1 year ago

I can’t say anything for sure. But I’ve been trading with this broker long enough to say that it’s reliable.

Nemo answered 12 months ago

While we are at it. How are things with assets? Are there enough of them?

aurelio rodrigues answered 12 months ago

To each his own, but the assets available in the platform are enough for me. Plus, there’s this unique cryptoindex that I trade sometimes.

Nemo answered 12 months ago

Oh, I see that you’re also into cryptocurrencies. It’s just that I’ve quite recently started trading them as well. But this time was enough for me to realize that they’re really promissing. And you can make quite a bit of money.

Anonymous Trader answered 12 months ago

Why chose an unlicensed broker? Swissquote Bank in Switzerland has a great trading platform incl. auto trading and offers Bitcoin, Ethereum, Litecon, Ripple, and one more cryptocurrency. https://en.swissquote.com/promotion/cryptocurrency-trading?utm_source=google&utm_medium=cpc&utm_campaign=Swissquote_trading-EN_CH&utm_term=swissquote%20bitcoin&utm_content=Swissquote_Bitcoin&gclid=EAIaIQobChMIze7Wz4mj2AIVBuAbCh32OQBzEAAYASAAEgKHHfD_BwE 

Juan Juan answered 11 months ago

Great broker, I trade with olymp trade for over a year now. Quality of services is on a very high level, many assets and high profitability, that’s what I like about the broker, also I’ve never had a problem with withdrawing money from this broker.

Scott Hamilton answered 10 months ago

This investment platform seems to be pretty convenient and functional. I’ve been trading in the demo account for a couple of weeks. Do demo and real accounts differ in terms of performance quality?

Vincent answered 6 months ago

Olymp Trade is not my first and, I’ll be honest, not my only broker. But I somehow involuntarily trade there more and more.

The platform is reliable and brings good profit with competent trading and the main thing is that it works quickly. I’m especially pleased that funds withdrawal is done quickly. If earlier I thought that the day is fine, now I’m spoiled. If it takes more than 20 minutes, I begin to grumble.

If only I could invest crypt, it would be just great.

Thorpe answered 2 months ago

In my opinion, trading conditions on the demo and the real account are different. Unfortunately, you know the execution time only after you invest money, but the minimum deposit is so small that I didn’t even think about it, and the first thing I did was checking whether Olymp draws the chart up on the real account. It’s generally difficult to find any drawbacks, but there are some. As it’s been mentioned before, you can’t deposit crypto on your account and there aren’t any automation tools. I wish the platform could notify about the economic news publishment, and since I trade with indicators, I wish these sound notifications could be adjusted to the indicators.

Aditya answered 1 month ago

It’s quite a decent broker, which offers quite a broad set of assets for trading. When registering I got a bonus, it works here in an unusual way. It actually works the way it should, and you can withdraw the money you make with the help of it right away. The trading program hasn’t failed me yet, it’s fast and works stably, no one disturbs me from trading and the deals are made quickly. I follow my own trading strategy with a specific set of indicators, which were fortunately provided here, but their range isn’t really big itself. By the way, i think Olymp can be a good solution for scalpers, there’s no spread here and you should spend money only on the fee.

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