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OlympTrade Review

OlympTrade Web

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

On Desktop PCs, iOS, Android, and tabletsWeb-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

 

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OLYMPTRADE.com Review

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