OlympTrade Review
OLYMPTRADE BINARY OPTIONS
■ Found: OLYMPTRADE was found in 2014
■ Headquarters: OLYMPTRADE maintains headquarters in Saint Vincent and the Grenadines
■ Countries: Many countries restrictions
■ US Residents: OLYMPTRADE does not accept US traders –No-
■ Registration: OLYMPTRADE is registered at James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines (No. is 25161 IBC 2018)
■ Regulation: OLYMPTRADE is ONLY regulated by The Financial Commission (FINACOM PLC LTD) check here their certificate
■ Web-Site Languages: English, Russian, Polish, Portuguese, and Thai
OLYMPTRADE TRADING INFO SUMMARY
■ Broker Type: Binary Options
■ Forex Trading: -Yes- (Market-Maker)
■ CFD Trading: -No-
■ Platforms: WebTrader for PCs, Android, iOs, and tablets
■ Demo Account: –Yes-
■ Leverage: Leverage up to 30:1
■ Bonus: 100% Credit Bonus (you cannot withdraw it, but you can withdraw profits)
■ Minimum Account: $10
► Visit the OlympTrade Website
ASSET INDEX
OlympTrade offer more than 200 assets in total.
□ Forex Currencies
□ Cryptocurrencies
□ Commodities
□ Stocks & Indices
TRADING PLATFORMS & MOBILE
Olymptrade offer a WebTrader for PCs, Android, iOs and tablets, which is easy to use.
■ Switch between Digital Options & Forex Trading
■ A good variety of trading assets including currencies, commodities, stocks, and indices
■ Demo Accounts
Digital Options
■ Maximum Payout: 92% on EURUSD
■ The minimum trade size is $1
Forex Trading
■ Market-maker order execution (Note this not good for scalping and day-trading in general)
■ Stop-loss & take profit orders are available, plus some other order types
OLYMPTRADE FUNDING & ACCOUNT INFO
-The minimum account is just $10
-Maximum leverage is 1:30
-An account inactivity fee of $10 will be applied after 6 months of Non-activity
■ OLYMPTRADE Fund Methods:
- Credit/Debit Cards (Visa/Master)
- MoneyBookers Skrill
- WebMoney
- Neteller
- Bitcoin
- Qiwi
- Yandex
- ePayments
OLYMPTRADE CORPORATE INFO
The olymptrade.com domain belongs to and is managed by Industries Ltd. In February 2016, OlympTrade joined the international Financial Commission. ■ Registration: OLYMPTRADE is registered at Saint Vincent and the Grenadines (No. is 25161 IBC 2018) ■ Regulation: OLYMPTRADE is regulated by The Financial Commission (FINACOM PLC LTD) -The Financial Commission guarantees monetary compensation up to €20,000 if the decision of the authority on the dispute is not voluntarily executed by a member of the organization ■ Address: James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines ■ Contact telephone: +27 (21) 1003880 | +54 (11) 59175747
OLYMPTRADE REVIEW PROS & CONS (According to competition)
OLYMPTRADE REVIEW CONCLUSIONS |
|
OLYMPTRADE PROS |
OLYMPTRADE CONS |
√ Popular broker (more than 25,000 active users every day) √ Start trading with $10 √ A wide selection of deposit methods √ $1 trades √ Cryptocurrency trading plus Forex Currencies, Commodities, Stocks, and Indices √ 24/7 Customer Support √ Free Education |
X Lack of proper regulation X Headquarters base X Binary Options trading is very risky |
OlympTrade Review Conclusions
Launched in 2014, OlympTrade is a Binary Options broker headquartered in Saint Vincent and the Grenadines. The broker is regulated by The Financial Commission (FINACOM PLC LTD) which offers monetary compensation up to €20,000 if the decision of the authority on the dispute is not voluntarily executed by a member of the organization. It is better than nothing, but of course, it cannot be considered as a proper regulation by a reliable authority such is the FCA UK.
The trading platform is an easy-to-use WebTrader for PCs, Android, iOs and tablets. You can switch between Digital Options & Forex Trading and use leverage up to 30:1. There is a good variety of trading assets including currencies, commodities, stocks, and indices and the Maximum Payout is 92% (EURUSD).
Their minimum deposit is only $10 and the minimum amount for a trade is just $1. That is good for beginners. The fund methods include Cards WebMoney, QIWI, Neteller, Skrill, and Yandex Money. The broker offer a 100% credit bonus (you cannot withdraw it, but you can withdraw profits). Other freebies include trading education.
► Visit the OlympTrade Website
L MORE REVIEWS • COMPARE • BROKERS
□ Forex Brokers Comparison
□ CFD Brokers
□ Expert Advisors (EAs)
► IC Trading Review
► FXOpen Review
► FP Markets Review
► IC Markets Review
► RoboForex
► FBS Review
► TitanFx Review
► FXDD Review
■ OLYMPTRADE.com Review
TradingCenter