Ever since its launch in 2014, Olymp Trade has been continuously innovating and improving so that Indian traders can enjoy a lucrative and seamless online trading experience. It is popular among new traders for its teaching tools and expert analysts who develop new trading strategies.v
User Review( votes)
Reasons for Indian Traders to Register at Olymp Trade
- 25,000+ users trade daily on the Olymp Trade platform
- Winner of multiple industry awards
- Interact with fellow traders on Facebook and YouTube
- Regular contests and special offers
- 24/7 support in 8 languages and 15-second response time
Olymp Trade Licensing and Regulation
Olymp Trade is an A category member of the Financial Commission. Only online brokers that deliver high-quality services, excellent customer support, quick resolution of trader issues, and guarantees on traders’ deposit insurance can become a Financial Commission member.
The online registration form is right on the homepage. Enter your name, email address, and mobile number. Choose your currency and create a password. Check the box to show that you are of the legal age to trade in India and that you accept Olymptrade’s terms and conditions. Finally, click on the blue “Register” button.
Alternatively, you can sign in with a Google or a Facebook account.
Types of Accounts – Demo, Real Money, and VIP Accounts
- Demo Account – Getting started at Olymp Trade with a demo account is highly recommended. When you create a demo account, you will receive 10,000 in virtual funds.
- Real Money Account – While opening a real money account, you should deposit at least $10 in your account. You can now start trading and making profits.
- VIP Account – Olymp Trade allows you to open a VIP account if you are making a lot of trades. But you have to call the number 0008000402044 for complete details. The official website does not offer many details about VIP accounts, but we gather that you can enjoy the following benefits as a VIP trader:
- Up to 92% profits
- Personal account managers
- Risk-free trading
- Private VIP webinars
- Access to exclusive strategies
Features of Olymp Trade
Olymptrade offers the following exciting features:
Free Trading Education
Olymp Trade is a great place to get educated. The online broker offers a total of 252 educational resources, including trend indicators, webinars, and strategies.
The company offers a set of effective trading tools to help you make successful trades. It is home to a real time economic calendar from Investing.com. Also, it offers trading signals, which are bits of information derived from technical analysis tools. They help traders make correct predictions and execute successful trades.
Two Types of Options
There are two types of options: Time Options and Classic Options.
In case of classic options, traders have to choose not only the trade amount, but also the time frame.
Time options allow traders to choose an option’s expiry time. If you predict correctly, you can get up to 92% of your investment amount as profits. You can use time options if you want to open multiple trades, but the closing time for all those trades will be the same.
Three Ways to Trade
You have three ways to trade at Olymp Trade — digital options, time options, and pending trades.
Pending trades is an interesting mechanism that allows traders to delay trades or make trades only when the asset price reaches a particular level. You can use this feature to purchase or sell only when your pre-determined conditions are met. But you can use the “pending trades” feature only in case of classic options.
List of Assets at Olymp Trade
You can trade on the following assets:
- Currency pairs
- Stocks on major companies such as Apple, Starbucks, IBM, Tesla, and Visa
- Commodities such as copper, silver, and gold
- Indices such as EURO STOXX 50, RUSSELL 2000, FTSE 100, YM (Dow Jones), CAC 40, Hang Seng Index
- Crpto assets
Olymp Trade – How to Make Deposits and Withdraw Profits
You can deposit a minimum of $10 in your Olymp Trade account. The online broker does not charge you for servicing your account. But it will charge you a monthly fee of $10 if you do not make any trades within 180 days of opening your account. The online broker does not charge any commission for making deposits and withdrawals.
You can use the following methods to load funds into your account:
- Visa & MasterCard credit card
Requesting payouts at Olymptrade is just as easy. The online broker processes payout requests very fast. The longest you have to wait is 3 days. Traders report to have received their withdrawals as fast as within ten hours.
You can use MasterCard debit/credit cards, Skrill, Bitcoin or Neteller to withdraw your profits. If you are in doubts, talk to a customer support about the best withdrawal option for India.
Contact & Support
You can use the following methods to get in touch with a customer support agent:
- Hotlines: Use the hotlines +27 (21) 1003880 and +54 (11) 59175747.
- Email: Send an email to [email protected]
- Knowledge Base: Visit the frequently asked questions (FAQ) section to find answers to your questions.
- Online Contact Form: You will find the online contact form on the Contacts page of the online casino. Enter your first name, surname, email, telephone number, and message and then click on the Contact Us button.
Should You Register?
Our research shows that Olymp Trade is one of the top online brokers for Indian traders. It is a licensed and well-regulated company that allows you to get started with just $10. Withdrawals are ultra fast, and in case of trouble, the customer support agents will rush to your help in a matter of seconds. We suggest getting started with a demo account at Olymptrade.