Is Olymp trade a good broker?

Investment ForumCategory: Broker QuestionsIs Olymp trade a good broker?
Nemo asked 2 years 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.

17 Answers
Juan Juan answered 2 years 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 2 years 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 1 year 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 11 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 10 months 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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