Olymp Trade Reviews
(Rated by 3 users)
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Payment Methods
- Credit/Debit Cards
- Bitcoin
Payment Methods
- Verified Store VERIFIED
- Free shipping: Orders $50+
- In-store pickup: Ready in 2 hours
- 30-Day Returns
- Gap Good Rewards (4 brands)
Payment Methods
- Tops: $23 - $70
- Bottoms: $27 - $70
- Outerwear: $34 - $70
- Kids: $29 - $75
Today's Best Deals
Overall Rating
5.0
Base on 3 Reviews
Ratings by Feature
Ratings by Feature
- Price & Quality5.0
- Shipping & Delivery4.5
- Customer Service5.0
- Good Value4.0
- Return Policy4.5
Recent Customer Reviews (3)
William Love
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Nicholas Hayes
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Louis Ellington
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Payment Methods
Accepted Payment Options:
Prices for items on Olymptrade.com vary widely depending on the type of clothing and promotions available. Typical price ranges include:
Credit/Debit Cards
Bitcoin
Payment Process
- Payments can be made online during the checkout process.
- For Olymp Trade credit card payments, options include online payments, mail, or phone calls, but in-store payments are not accepted.
Refund Information
Refunds for returns will be processed back to the original payment method used during the purchase.
Olymp Trade Pros & Cons
Pros
1
User-Friendly Platform: The platform is intuitive and easy to navigate, making it suitable for both beginners and experienced traders.
2
Low Minimum Deposit: The minimum deposit requirement is just $10, making it accessible to traders with limited funds.
3
Wide Range of Assets: Olymp Trade offers a diverse range of assets including forex, stocks, commodities, indices, and cryptocurrencies.
4
Extensive Training Options: The platform provides extensive training materials and analytics to help traders improve their skills.
5
24/7 Support: The broker offers round-the-clock multilingual support, ensuring that traders can get assistance whenever needed.
6
No Commission for Deposits/Withdrawals: There is no commission charged for depositing and withdrawing funds, which is a convenient feature for traders.
CONS
1
Weak Regulatory Oversight: Olymp Trade is not regulated by top-tier financial authorities, which raises concerns about safety and security.
2
High Trading Charges: The broker charges commissions on all trades, which can be high, especially for standard trades (up to 15%).
3
Limited Bonuses: The platform does not offer significant bonuses, which might be a drawback for some traders.
4
Delays in Withdrawals: There have been reports of delays in withdrawing funds, which can be frustrating for traders.
5
Limited Segregation of Client Funds: Client funds are not segregated, which is a concern for some traders.
Olymp Trade Features and Benefits
Features
User-Friendly Platform
Intuitive and easy to navigate, suitable for both beginners and experienced traders.
Low Minimum Deposit
Just $10, making it accessible to traders with limited funds and minimal financial commitment.
Wide Range of Assets
Diverse selection including forex, stocks, commodities, indices, and cryptocurrencies available for trading.
Extensive Training Options
Provides extensive training materials, analytics, webinars, and resources on fundamental/technical analysis, money management, and trading psychology to improve skills.
24/7 Support
Round-the-clock multilingual support in 10 languages, ensuring assistance whenever needed.
No Commission for Deposits/Withdrawals
No fees charged, making the process convenient and cost-effective.
Mobile Compatibility
Trading available on PC and mobile devices with the same functionality.
Automated Trading Programs
Supports MetaTrader 4 (MT4) for using automated programs and indicators.
Fixed Time and Forex Trading
24/7 trading available daily, including weekends.
Community and Tournaments
Offers tournaments and contests for a competitive environment.
Security Measures
Includes two-step authentication, mobile number linking, and one-time passwords.
Low Minimum Trade Amount
Just $1, accessible to traders with limited funds.
Competitive Spreads
Start at 1.1 pips for standard account.
No Commissions on Trades
No commissions charged on trades via standard account.
Trading without Spreads
Unique feature attractive to traders.
USDT Trading
Ability to trade in USDT, attractive to some traders.