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Olymp Trade

St. Vincent and the Grenadines · Regulated

☆ 0.0 · 0 reviews

About Olymp Trade

Olymp Trade is a binary options and forex broker established in 2014, serving 25,000+ daily active traders across 130+ countries. The platform offers fixed-time trades (binary options) with payouts up to 92% and forex trading with leverage up to 1:500. Minimum deposit is $10 for standard accounts, and the platform provides comprehensive educational resources, including webinars, trading strategies, and a structured Olymp Trade Academy. The company is regulated by the International Financial Commission (FinaCom) with a €20,000 compensation fund per client.

Pros

+Low minimum deposit: $10, minimum trade: $1
+Comprehensive Olymp Trade Academy with structured courses
+FinaCom-regulated with €20,000 client compensation fund
+Leverage up to 1:500 on forex trades
+Demo account with replenishable $10,000 virtual balance
+24/7 support in 8+ languages

Cons

-Not available in USA, EU, UK, Canada, Australia, Japan
-Binary payouts capped at 92% — lower than competitors
-Withdrawal minimum $10, certain methods have fees
-Limited asset selection compared to dedicated brokers

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