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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Olymptrade

Vanuatu | 5-10 years |
Suspicious Regulatory License | Self-developed | Global Business | High potential risk

https://olymptrade.com

Website

Rating Index

Influence

Influence

AA

Influence index NO.1

India 8.11
Surpassed 17.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+356 2034 16 34
support@olymptrade.com
https://olymptrade.com
1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-06-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Vanuatu
Operating Period
5-10 years
Company Name
Aollikus Limited
Customer Service Email Address
support-en@olymptrade.com
Contact Number
+35620341634
Company Website

vicente8121

Unverified

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

2024-04-28

Namkaeng Nathnycha

Unverified

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

2024-03-26

satria5455

Unverified

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

2023-11-28

อภิคม

Unverified

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

2023-11-26

Mai3525

Unverified

Vietnam

It says there is no regulatory information on official website. But that's not true😉

Positive

2023-11-21

Carub Lazuardi

Unverified

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

2023-11-01

ประพจน์

Unverified

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

2023-10-20

Wisnu6847

Unverified

Indonesia

The withdrawal processing is very fast. No delays, not many questions either.

Positive

2023-10-19

Elon Sihotang

Unverified

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

2023-10-18

ผดุงศักดิ์

Unverified

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

2023-10-13

FX4467879632

Unverified

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

2023-05-04

FX1864082724

Unverified

South Africa

unable to withdraw.........

Exposure

2022-12-13

FX8618241452

Unverified

Indonesia

They prevented you from making profits and rejected the withdrawal. They were of no regulation of FCA, ASIC or CySEC.

Exposure

2021-09-29

Victor Maduabuchi

Unverified

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

2021-09-18

FX1215875328

Unverified

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

2021-08-06

FX2714393842

Unverified

Indonesia

Unable to withdraw

Exposure

2021-07-07

FX3014259715

Unverified

Paraguay

I tried to withdraw funds in this platform while I can't

Exposure

2021-06-17

Chanalong

Unverified

Thailand

Close my orders automatically

Exposure

2021-05-22

หมูหลวง หมูหลวง

Unverified

Thailand

I just wanna get my money back. What should I do? I must report the situation to someone.

Exposure

2021-05-10

FX2152685821

Unverified

Malaysia

Close positions before hitting 0

Exposure

2021-04-12

FX5958599712

Unverified

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

2021-02-10

SHRIMP2t

Unverified

Vietnam

You can see the trading histofry from following pictures. Stay away from this fraud platform!

Exposure

2020-12-17

FX2929752132

Unverified

Indonesia

I've deposited nearly $200.

Exposure

2020-11-26

68
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Company Summary
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Official website

Website

Most visited countries/areas
Cuba
olymptrade.com
185.104.210.32
Server Location
Norway
ICP registration
--
Most visited countries/areas
Cuba
Domain Effective Date
2014-04-14
Website
WHOIS.EURODNS.COM
Company
EURODNS S.A.

Company Summary

OlymptradeReview Summary
Founded2014
Registered Country/RegionVanuatu
RegulationNo regulation
Market InstrumentsForex, Stocks
Demo Account
Leverage/
SpreadFrom 0 pips
Trading PlatformOlymptrade, PWA
Minimum Deposit$/€ 10
Customer SupportPhone: + (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.

Olymptrade Information

Pros and Cons

Pros Cons
Support demo accountsNo regulation
24/7 supportNo account detail information
The spread starts from 0MT4/5 is not supported
Support zero commissionLimited trading products
Low minimum deposit of $10

Is Olymptrade Legit?

Olymptrade was registered in 2014, but it is currently unregulated.

license
domain

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
assets

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.

Account Types
Account Types
Account Types

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.

Olymprade Fees
Olymprade Fees

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.

Olymprade 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 PlatformSupported Available Devices Suitable for
OlymptradeDesktop, Mobile/
PWAWeb/
MT4/Beginners
MT5/Experienced traders
Trading Platform
Trading Platform

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.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Self-developed
  • Global Business
  • High potential risk

News

OLYMPTRADE: Real or Fake?

Exposure OLYMPTRADE: Real or Fake?

Olymp Trade has been an online broker since 2014. Olymp Trade joined the IFC in 2016. Olymp Trade received the 2017 Best Options Broker Award at the Forex Expo and the 2017 CPA Life Best Financial Broker Award. Olymp Trade's official website does not show any regulatory information.

2024-06-19 17:52

Olymp Trade and Ronaldinho Partner for a Joint Social Cause

News Olymp Trade and Ronaldinho Partner for a Joint Social Cause

Olymp Trade, an international trading platform, is partnering with world-renowned footballer Ronaldinho to launch a charity campaign called "Team up for Change." From February 6th to 26th, the event will be taking place on social media channels and provide Olymp Trade traders with the chance to make a difference in someone's life.

2023-02-14 10:31

WIKIFX REPORT: Ronaldinho joins Olymp Trade as an ambassador

News WIKIFX REPORT: Ronaldinho joins Olymp Trade as an ambassador

The worldwide famous football player has now joined a new team with a goal to attack the financial market

2022-08-18 15:08

WIKIFX REPORT: How to Make Money with Olymp Trade Platform in the Forex Market?

News WIKIFX REPORT: How to Make Money with Olymp Trade Platform in the Forex Market?

A thrilling and lucrative method of generating income is forex trading. On the financial markets, professional traders earn a lot of money. To get to this level, however, you must thoroughly practice and grasp the fundamentals of exchange trading. In this post, we'll examine all the critical information that novice investors need to be aware of and take a deeper look at the recently launched Olymp Trade Forex trading platform.

2022-06-15 13:55

Olymptrade's ridiculous complaint makes people wonder if their IQ is working?!

Exposure Olymptrade's ridiculous complaint makes people wonder if their IQ is working?!

Once again, WikiFX received a complaint email from Olymptrade, the content of which was ridiculous and made people wonder whether their IQ worked or not. In the email, they claimed that the financial services they had been providing were legal and didn’t require any form of regulation. It was shocking that a Forex trading platform could claim that they did not need any regulations. Their bold statement was not only irresponsible but also breached the law. Olymptrade has repeatedly stressed that now that investors have chosen to invest on its platform, they should bear the potential risks of forex and know all the legal information. Olymptrade has been exploiting legislation loopholes and carrying out its illegal forex services.

2020-06-22 18:18

Notorious OLYMPTRADE Has Been Complained by 16 Victims for Scam

Exposure Notorious OLYMPTRADE Has Been Complained by 16 Victims for Scam

WikiFX has received a massive amount of complaints from victims about OLYPMPTRADE on official Facebook.

2020-04-02 12:17

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