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Olymp Trade Review 2019 – Is Olymptrade.com Scam or Legit?

Olymp Trade Review 2019 – Is Olymptrade.com Scam or Legit?

Olymp Trade Review 2019 – Is Olymptrade.com Scam or Legit?

Quick Review

NameOlymp Trade Review 2019 – Is Olymptrade.com Scam or Legit?
Founded 2014
Legal Entity Smartex International Ltd
Turnover 82%
Minimum deposit $10
Bonusup to 100%
Full AddressSeychelles, Victoria, Mahe, 103 Sham Peng Tong Plaza
Phone 8 (800) 555-45-62
Regulation CRRFM
Site visit site
E-mail help@olymptrade.com
Visit Broker
Reliable, Fast, and Simple Trading with Olymp Trade
OlympTrade is the new dawn in the binary options industry that provides excellent and profitable conditions for traders.

Olymp Trade is a reliable broker that has grown exponentially mainly because of its simple, yet powerful, approach to trading binary options. We carried out an independent review of Olymp Trade to assess its services and features, especially whether it’s worthwhile for trading. Here are the key things we found out.


Olymp Trade’s website is owned and managed by a company called Smartex International Limited. The company is registered in Seychelles under registration number 144540. The broker’s payment transactions are handled separately by a company called Frandom Holdings Ltd, which is registered in Cyprus under Registration number HE331286.

Olymp Trade is regulated and certified by the Financial Commission (FinaCom PLC), which affirms to its commitment to delivering high-quality services and meeting traders’ needs. With this certification, the broker guarantees safety of deposits and prompt resolution of issues. For example, in case Olymp Trade takes part in a fraudulent activity, a trader is guaranteed up to $20,000 in deposit compensation.

Because of its reliability, the broker has earned various industry awards and recognitions, such as, the Le Fonti 2016 Awards in the “Binary Options Platform of the Year” category. Therefore, because of the above reasons, we can confirm that Olymp Trade is not a scam broker.

OlympTrade Trading Platform

OlympTrade offers a web-based trading platform that is simple and interactive to use. It is equipped with extensive tools and resources to assist traders succeed in binary options trading. For example, you’ll access accurate analytics on the recent market events to help you make profitable trade decisions.

Olymp Trade Platforms

Demo Account Olymp Trade

If you want to learn the intricacies of the market without risking hard-earned money, you can train on the free demo trading platform. With the demo platform, you can sharpen your trading skills before venturing into the real world of binary options.

Furthermore, Olymp Trade provides a mobile trading platform, which you can download from either the Google Play Store or the Apple App Store, and enjoy limitless trading from your smartphone—anywhere, anytime.

The platform has two main types of binary options:

  • Classic options: Are called UP-DOWN trades, and gives traders an easy way to make profits.
  • Time options: They give traders a time-based and convenient way to participate on an active market.

Assets and Payouts

In our Olymp Trade review, we noticed the broker offers a wide range of financial assets to cater for the varied interests of traders using its platform. It has about 70 assets for trading, which have been grouped into four main categories:

  • Stocks
  • Indices
  • Currencies
  • Commodities

In terms of payouts, Olymp Trade offers up to 90% maximum profitability on successful trades. Finding brokers with such high payouts in the industry is rare.

Deposits and Withdrawals

Opening a trading account with Olymp Trade is simple and quick—it takes no more than 3 minutes. On the broker’s homepage, click the ‘Start Trading’ button, and you’ll be redirected to a simple registration form to provide your personal details. After completing the form and submitting the necessary identity documents, your trading account will be setup.

BonusFor making deposits, Olymp Trade has various trusted payment methods, including VISA card, MasterCard, Skrill, Neteller, WebMoney, Yandex, and Qiwi Wallet.

The minimum deposit required is 10 currency units (either USD or EURO). You will also get various lucrative bonuses, including welcome bonuses, on-pay bonuses, or promo code bonuses.

If you want to make a withdrawal, the broker will start processing within 30 seconds of receiving your request. We found this to be much faster and simpler than those of other brokers.

Olymp Trade Customer Service

Olymp Trade has a team of more than 20 specialists, who are sufficiently trained to offer quality support in different languages, including English, Thai, Indonesian, and Russian. The broker’s support department is always available 24/7 by phone, online chat, phone, and social networks.

In addition, since the broker aims to ensure traders enjoy successful and stable trading in the binary options market, it provides a rich set of learning materials, including webinars, interactive courses, and trading strategies.

So, whether you are a novice or an experienced trader, you’ll find sufficient resources to deepen your knowledge and become effective and profitable trader.


  • Trustworthy broker
  • Focuses on simple and fast trading
  • Demo account available
  • Convenient payment methods
  • Secure trading conditions
  • Low minimum deposit requirement
  • High payouts
  • Wide range of trading assets
  • Mobile trading available
  • Comprehensive learning materials
  • Multi-lingual 24/7 customer support
  • Analytics available
  • Fast withdrawal process
  • Bonuses and trading contests available


  • U.S. traders not allowed
  • Limited types of binary options
  • Regulation from a reputable licencing authority like CySec missing
Website urlolymptrade.ru
Trading platformCustom made platform
Minimum first deposit$10
Minimum trade amount$1
Maximum trade amount$5000
Payout82% for Standart, 90% for VIP accounts
Free demo account
RegulationRegulated by FinaCom
Account typesStandart (10-2000 USD Deposited), VIP (2000 + USD Deposited)
Account currencyUSD, EUR, BRL
US Traders allowed
Mobile trading
Tablet trading
Overall Score97/100


Our review of Olymp Trade has revealed the broker’s presence in the industry is useful. The broker’s award-winning trading platform, emphasis on quality service provision, and provision of reliable trading conditions are contributing to the development of the binary options industry. If you want to take your trading a notch higher with a simple, efficient, and trustworthy broker, then Olymp Trade should be your most preferred choice.

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Anderson - 2021-03-07 11:44:42

Hello everyone, Are you looking for a professional trader, forex and binary manager who will help you trade and manager your account with good and massive amount of profit in return. you can contact MR. CARLOS ELLISON for your investment plan, for he helped me earned 12,000usd with little investment funds. Carlos Ellison you're the best trader I can recommend for anyone who wants to invest and trade with a genuine trader, he also helps in recovery of loss funds..you can contact him on his Email: carlose78910@gmail.com Via whatsapp: (+12166263236) I advice you shouldn't hesitate. He's great.

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james blood - 2021-02-24 05:04:48

hello everyone, Are you looking for a professional trader, forex and binary manager who will help you trade and manage your account with a good and massive amount of profit in return. you can contact MR. GAVIN RAY for your investment plan inorder to get started. for he helped me earned 35,150usd with a little investment money. Gavin ray you're the best trader I can recommend for anyone who wants to invest and trade with a genuine trader, he also helps in recovery of loss funds..you can contact him on WhatsApp: +1 217-339-4023

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greg - 2021-02-22 21:41:30

Hello everyone, i would like to share my experience with you all, I lost over 100k to all these fake so called BO merchants , after several attempts in trying to recover my money all efforts failed, i was looking through the page of the internet then i saw (hightechcoininvestment @ gmail com), Whatsapp:+1(704)7690765 they were recommended as a good and reputable company so i reach out to them, to my surprise i was able to to recover all my funds.

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Samson King - 2021-01-29 22:30:53

I lost 30,000 pounds to Etfinance and got it back with the help of an hacker that tracked and recover my money, you can send him a mail if you need help at CYBERVENOM6@GMAIL.COM

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Andrew - 2021-01-19 15:08:59

A proper step-wise guidance on my case and eventually got impressive results in recivering my lost funds from Roberto Mancini Recoveryteam. Very professional in their work. Would recommend them on a higher scale. Robertomancini760@gmail.com

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Nil - 2021-01-19 07:09:01

I used Roberto Mancini in a dispute against what proved to be a fraudulent investment in UK. They were very helpful to recover my money from the bank. It's a fantastic team of professionals who involved me in the process, guided me through and explained the necessary steps. Hopefully will never use them again, but in case will fall into this bad investments again I know they will be there to help. Their fee in exchange for their services is worth it. Dm-- Robertomancini760@gmail.com:)

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miler - 2021-01-19 06:45:40

I can say with confidence that I have not encountered any problems on the DIULTIMATECOIN platform for 3 months, very good bonuses, a convenient payout system, and support are very friendly!I advise to invest with them now and earn 500% income in 7days

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kelvin - 2021-01-16 17:32:52

The most important question that interests everyone who wants to engage in trading is whether they withdraw on a particular platform, I also started. I can say with confidence that while working on the platform Diultimatecoin has already displayed more than ten times, no problems!

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klose - 2021-01-16 15:19:57

Robertomancini has worked tirelessly to help me recover my funds and I appreciate them for that. It was a bumpy road with all the instructions that I was given but I followed them to the very end because they keep telling me that the recovery of funds is not an easy process but in the end, they came through for me. Thanks so much, Roberto you're the best. Contact via: Robertomancini 760@gmailcom

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Rojo - 2021-01-16 15:18:39

Full marks for the way they have assisted me in the case where I almost lost all the hope to recover my stolen funds. Superb counter techniques!Roberto Mancini thanks ...Robertomancini760@gmail.com

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winstong - 2021-01-06 02:34:49

I was scammed by a binary option website iq options to be exact. I lost about $153,000 to them. It was a really hard time for me because that was all i had and they tricked me into investing the money with a guarantee that i will make profit from the investment.. I was referred to Mrs. Liam Sophia, she a senior recovery specialist and she helped in recovering all my lost funds to me. I couldn’t believe at first that this was possible as i have lost all hope in contacting anyone on the internet, but i guess not everyone is bad after all. You can reach her via; liamsophia39@gmail.com and also on Whats-app +1 (814)503-0528

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William - 2020-12-09 02:42:12

Hello everyone, Are you looking for a professional trader, forex and binary manager who will help you trade and manager your account with good and massive amount of profit in return. you can contact MR. CARLOS ELLISON for your investment plan, for he helped me earned 12,000usd with little investment funds. Carlos Ellison you're the best trader I can recommend for anyone who wants to invest and trade with a genuine trader, he also helps in recovery of loss funds..you can contact him on his Email: carlose78910@gmail.com Via whatsapp: (+12166263236) I advice you shouldn't hesitate. He's great.

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Georgina Barry - 2020-11-02 05:14:45

My experience with binary scam broker. I invested 90% of my retirement payment in binary online investment broker Umarket trade option, with the mindset of getting it multiplied and enjoying a better retirement life. It was sweet and smooth from the start, withdrawals were easy and consistent until it gets to a point I started to be denied withdrawals and that was how I was denied access to my invested capital, I couldn't get my invested amount back not talk of the bonuses. I contacted several lawyers but it was all waste of time and money, they couldn't render an inch of help. God so good, I found on brokers reviews a certified binary options recovery expert that helped me recover my 99% of my investment back from the scam broker, Mr Ashley Larsen and his team worked relentlessly to get my refund from the scam broker. You can contact the recovery expert via his email address: ashleylarsen299@gmail.com, l feel that some people might have falling a victim to this online scam brokerage company that's why I decided to recommend the recovery team, if you have found yourself in the same situation as mine, I can assure you that it's possible you can still get your investment back. Good luck

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Lisa Donalds - 2020-10-28 13:42:14

Thanks to MR. JOE LEWIS for helping me trade, through his professional masterclass trading strategies, I have been able to get my profit in return from my trade. After many times of been defrauded of my funds, i finally get to cashout $17,300 profit. he's legit, reliable and experienced in trading. Mr JOE LEWIS is the best trader I have ever experienced myself with, and I recommend for anyone who wants to invest and trade with a genuine trader ..you can contact him on his Email: JOELEWIS4755 @ GMAIL . COM WhatsApp: +1 (336) 330-1172 or +1 (623) 226-7303....

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kelvin - 2020-10-03 03:36:39

My advice to my fellow traders is for you all to be careful when venturing into BO( binary options) cos there lots of legit brokers out there as well as fake, have fallen prey to the fake once n lost a lot so trust me if i tell you this, if you have fallen prey to fake/scam brokers n need a way out contact Adams he can help, he was the one dat helped me out. contact@alliedrecovery@gmail . Org or WhatsApp: +1 (425) 312-1045

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Flora Wingall - 2020-09-07 02:55:20

I thought I was entering an age of new money from online investment when I learnt about binary options, I was greatly eager to get on board even more especially because i had some knowledge of online trading, everything changed when I was ready to make my withdrawal and I could get nothing. The entire thing literally broke down in my face when I became convinced my money was stuck with them, read came across a group of recovery experts and they did a good job helping me settle a problem that was having me sick daily, they recovered every thing I invested and they required no upfront payment whatsoever for the task. I’m quite impressed by their work, you can contact their team ( contact@alliedrecovery . org )

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Andy - 2020-07-22 06:19:47

It has been really hard losing a lot of my money to these binary options and cryptocurrency trading companies. Fortunately, I found a Recovery Pro who made sure I got back everything I lost. If you are in a similar situation and lost a lot of money, you can write me to share my experience if you need your money recovered. financialrefund001 {at} gmail_com

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William Howard - 2020-05-12 12:57:44

I’m a victim of Crypto currency scam , I lost all my capital to fake Account Manager and his Broker . After they convinced me into investing my money with them i never received any profit from them, anytime I make a withdrawal request they always ask for more fees before my withdrawal request can be processed . It gotten to a point where they declined my calls and messages at theta point I realized I was dealing with unregulated Broker. In search for help on how I can get back my lost funds I came across a broadcast talking about how one Mr Derrick Glenn help all scammed victims of crypto currency who contacted him for help , Mr Derrick email was publish for consultation , I contacted him about my lost , he requested for some details concerning my investment and how I lost my capital , I forwarded all the details to him , just like a dream I got back all my money through his help. At the end of this message I will drop his contact for those who are having difficulties in withdrawing their funds or totally lost their capital , kindly contact him, he will help you recover all your money back , you can reach him via the email below . Derrickglenn88@ gmail. com

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Atheet - 2020-03-30 00:23:57

For me olymp Trade was a great solution because they have a normal mobile app, I like that I can not miss important events, even if I have a busy day, it gives me strength...

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Plumber - 2020-03-23 19:09:20

Regulated, with excellent reputation and many assets. That's all about Olymp Trade. Brokerage is regulated by Finacom, reputation is good (just check reviews), assets are divided between two categories - Olymp Trade Forex and Olymp Trade Options. I don't know what else people can demand, I think that's enough to be good choice.

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Nazir Wagle - 2020-03-10 18:21:23

I'm with Olymp Trade for long enough to judge it. Broker is good cause of some things: 1. Education If you're new to trading, that'll be extremely convenient, as you can learn trading directly with brokerage with no mess and need to seek for education wherever. 2. A lot of assets Digital and currencies are presented there, as well as some commodities, extremely good 3. Fast withdrawals 4. Good reputation 5. Strong regulation Olymp Trade is regulated by IFC, so your funds are protected

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George Freddie - 2020-02-23 01:06:46

Fake brokers and Account Managers are the reasons why the crypto currency market is not safe anymore , I almost lost all my money to fake broker and Account manager after they convinced me to make more deposit before they can grant my withdrawal request, at the end I lost all my money . Thanks to God who save my life through the help of Mr Derrick Glenn who took up my case to crypto currency govern bodies with their help I was able to recovered all my money back . So many people are victims of unregulated Brokers and Account Managers, please if you are finding it hard to withdraw your money after deposit or you lost your fund to fake Broker and Account manager don't sit back and cry you can get help from them , all they need is valid information about the broker or Account manager , the total money you lost and the year . Am sharing Mr Derrick email here for those who want to get back their money ,kindly contact him via the email below . derrickglenn88@gmail. com

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Garey - 2020-02-13 01:46:35

Due to what trust as costed me , I couldn't belief I gave it a second chance . I got scammed of $54000 to olymptrade, all my wife incomes , my grandma pension payment and my personal income , I felt too disappointed and sad in myself my wife fights me every time , my grandmother hated me she never wanted to see my presence on a very special day I can't forget,when i was introduced to Mr Steven but it was hard to trust him due to the previous experience but I had no choice , joy at last has he helped me recovered all my lost fund . you can also contact him at stevenbrook36 atgmailDOTcom & Wat-sapp: plus one eight three zero five zero seven three eight nine four for our lost fund. I'm really grateful Mr Steven.

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Kevin White - 2019-08-24 21:53:44

I almost lost everything I had to this company , I didn't know they where a scam company so I kept investing till I needed to withdraw some of my earning, that was when the whole story changed....they stopped picking my calls and later deleted my account. Fortunately I was able to contact Ying Yue 76 at yandex com . I lost about $47,000 and I got everything back.

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kayla evanss - 2019-08-22 21:35:53

HOW TO RECOVER LOSS FUND FROM BAD BINARY OPTION Do not get involved with this outfit. They have no customer service. You put money in and you can not get it out. They keep requiring documentation and then deny it. I have been trying to get my funds for over 6 weeks. I think my next step is to get in touch with Interpol and file a fraud Claim against this outfit. Mark my word and be careful with Empire option.Do not waste your time and money on this scam company. All they do is keep calling until you make the deposit. Once they realize you won't deposit anything else, they will never reply to your emails. And forget about calling them, they'll hang up on you. Rude and unprofessional. Their so-called "advisors" are pieces of garbage. Sebastian and Federico Demczylo are liars. They'll promise you anything to get your deposit. Then forget about trying to contact them, not to mention to make a withdrawal, you will never get your money. In these kind of cases with the fake broker over the internet my advice if you have already invested with those liar,call them back and get a refund which am guessing you have already tried.In this i will advice to get in touch with jian.fang at yandex ,com he’s been very helpful to the society by recovering stolen funds from all this fake broker.

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susan rodrick - 2019-08-10 06:26:33

I am here to testify about how toal company change my life,it was like this,i read about online trade and investment,when searching on how to trade with legit company,i ment a review which said i can invest in oil and gas company,where i can invest $5000 USD into oil and gast ,which i did after reaching total company,out end of my trade,i make a profit worth $65,0000 USD after investing with now through out thirty one days ,it real great i ment this company which change my life,i said to myself,it is better to share this on topix and forum,so that financial problem can reduce,what have your government offer to reduce financial problem,it is better you help yourself,because the system of the countries are not after our dealy bread,you can invest and get rich too,email total company at: total.company@aol.com

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Joshua - 2019-08-07 04:21:15

I've lost about 28,500$ trading with this particular binary option broker. Fortunately for me, I stumbled on a forum that advised everyone who has lost money to different kinds of online investment to recover their lost funds by contacting ying/// yue/// at //// yandex///// dot ///// com

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allana - 2019-05-08 16:19:18

Lost thousand of dollars trading binary option throu Redwoods Options , couldn’t withdraw my investment not to talk of my winnings. I had to hire a refund solution professional from binaryoptionrefundnow(at)(Tutanota)(dot)(com) they recovered (80% of my investment) happy to help other traders going through this. binaryoptionrefundnow(at)(Tutanota)(dot)(com)

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Kimberly Lundstrom - 2019-04-12 07:53:58

My experience with scam brokers is nothing to write about. I opened an account with HQBroker and some other brokerage company by seeing an add. I decided to give it a try by registering and as soon as I completed my registration, they called me to activate my account by depositing $250 and after some tradings making me believe i had made profits on my starting amount of $250, then the account manager assigned to me to handle my trades called and convinced me to deposit 5000 EURO using my credit card(XX31-XX05-XX48) and started placing trades with screen sharing, for the first few trades, profits were made but was told i couldn’t withdraw yet. Later he said we will make account 20K EURO in few days only, then made me place some trades on so many things that made my account go to ZERO balance all of a sudden. I was told before this to safeguard my account which led to depositing of more and more funds. I lost the first shot of 20k EURO which was all paid using my credit card and my friends cards as well. They make me believe and assumed there was no luck for me with my present account manager so another account manager was assigned to me calling and telling me we will put in the recovery plan, I believed again and lost much more to him and just like that i got 3-4 account managers changed all in the name of recovery. All together I lost all my money exactly 150,000 EURO. At this point I had family bills to pay and also my kids school fees so I was devastated and in need of a help somehow. It’s a lot for me to let go and I invested a total of 150,000 Euro; they only tried to pull a fast one and put a bag over my eyes claiming that my investments had been lost on bad trades. Lucky for me and unluckily for them, earlier in the week i saw an interview on TV about how a woman who had been scammed 4 times by binary options and was only happy to share his story cause she got it back by filing a complaint to [www]recoverycircle .EU|, so i looked them up and also reported to them and i can really say their help came handy in getting all my 150,000 back along with profits and damages. {www}Recoverycircle . Eu} .

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Chris - 2019-03-03 07:50:32

all thanks to priorityrecovery,org I have been able to recover all of my money with olymp trade. Report your binary option related issues to priorityrecovery,org

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Henry Alvin - 2018-11-25 20:27:05

If you lost funds trading with OlympTrade,contact support@assetchargeback.com to recover your funds without paying upfront.The reputable asset recovery service company has helped a lot of people recover funds from scam brokers.OlympTrade is a fraudulent broker.

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Cayden Roberts - 2018-11-24 01:44:12

It’s was such a bitter moment for me trading with them,swindled me of my hard earn funds,had to contact a consultant Marc who helped me fight my case with them.contact marcfinley at consultant .com.he can help

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allana - 2018-11-13 00:10:58

I also lost about $175,000 to a EZtrader broker and 2 fake binary option website as well but I am sharing my experience here so as to enlighten and educate everyone that is losing money or has lost money to a scam binary options, Real Estate Scams, dating scams and fake ICOs. However , I have been able to recover all the money I lost to the scammers with the help of a recovery professional and I am pleased to inform you that there is hope for everyone that has lost money to scam. you can reach out to them by searching for Miguel Aruso (cybercrime Investigator) on Quora or you contact wealthrecovery94 AT GeeeMAIL DOT COM

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Loretta - 2018-08-15 18:05:09

I recently recovered my investments trading binary options with this scam broker. I hired a professional to this effect. I will like to share my experience because it is the right thing. Feel free to reach out garciasloretta986 at gmaiI dot com

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Maxime - 2017-06-09 00:45:15

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