OlympTrade Broker Review – Trusted Binary Options Trading Since 2014
OlympTrade has emerged as one of the more enduring names in the binary options market, having launched in 2014 and built a global presence ever since. Offering a well-designed platform, accessible account options, and competitive payouts, the broker appeals to both new traders and seasoned investors seeking a low-barrier entry into options trading.
In this review, we’ll explore the platform in detail – including trading features, account types, demo access, bonuses, and regulation – to help you decide if OlympTrade is the right choice for your financial goals.
Key OlympTrade Features At A Glance
| Feature | Details |
|---|---|
| Minimum Deposit | $10 |
| Payout Rate | Up to 93% on successful trades |
| Demo Account | Yes – free, no deposit needed |
| Regulation | VFSC (Vanuatu Financial Services Commission) |
| Bonus | Risk-Free Trades & Tournaments |
OlympTrade keeps things simple with a low entry point and high potential returns. The free demo account is a standout feature, offering a risk-free way to practice and get familiar with the platform before going live.
A Modern & Intuitive Trading Platform
OlympTrade offers a streamlined and easy-to-use trading interface that has been refined over the years to suit all levels of traders. The platform is available in multiple formats:
- Web Terminal – accessible from any browser
- Mobile App – available for both iOS and Android
- MetaTrader 4 – for those who prefer traditional desktop trading with EA (Expert Advisor) support
Charting Tools & Indicators
The charting interface is clean, responsive, and fully customizable. Users can choose between four main chart types, including candlestick and bar formats. Technical traders will appreciate the wide range of:
- Indicators (RSI, MACD, Bollinger Bands, etc.)
- Drawing tools and trend lines
- Multi-timeframe analysis
Even though OlympTrade doesn’t provide dedicated platform tutorials, the interface is intuitive enough that most users will find it easy to navigate and execute trades within minutes.
OlympTrade Company Information
OlympTrade is operated by Saledo Global LLC, a company registered in St. Vincent and the Grenadines. The legal address is:
First Floor, First St. Vincent Bank Ltd Building, P.O. Box 1574, James Street, Kingstown, St. Vincent & the Grenadines.
Additionally, the broker has affiliated representatives:
- Visepoint Limited, Malta (Reg. No. C 94716)
- Wallfort Limited, Cyprus (Reg. No. HE364695)
While OlympTrade is regulated by the VFSC, it is important to note that this is not a top-tier financial authority. However, the broker has remained operational and widely trusted for over a decade – a rarity in the binary options industry, where many platforms come and go.
Practice First – OlympTrade’s Free Demo Account
One of the biggest draws for new traders is the free demo account provided by OlympTrade. Once registered, users gain access to a virtual balance of $10,000 in demo funds, which can be replenished at any time.
This sandbox mode allows traders to:
- Practice trading strategies risk-free
- Learn the platform features without pressure
- Build confidence before switching to a live account
No deposit is required to access the demo environment, making it one of the most accessible in the industry.
Diverse Asset Selection at OlympTrade – 300+ Instruments for Every Strategy
One of OlympTrade’s strongest advantages is its exceptionally broad asset offering. The platform supports over 300 tradable instruments, spanning across:
- Stocks – Popular U.S., European, and Asian companies
- Indices – S&P 500, DAX, FTSE, Hang Seng, and more
- ETFs – A curated list of exchange-traded funds for diversified exposure
- Commodities – Including gold, silver, oil, and agricultural goods
- Forex – Major, minor, and exotic currency pairs
- Cryptocurrencies – Although currently limited or unavailable
OlympTrade continuously expands its list of available assets. In fact, 30 new instruments were added in late 2020 alone — showing the broker’s commitment to staying current with market trends and trader demand.
Expiry Times and Leverage
Traders can choose from expiration times ranging from 30 seconds to over 1 month, allowing for both short-term scalping and longer-term directional plays. For forex assets, leverage is available, enabling traders to increase exposure with smaller capital, though it’s important to manage risk accordingly.
Deposit, Withdrawal & Account Tiers at OlympTrade
Quick & Easy Deposits From Just $10
Getting started with OlympTrade is accessible and fast. The minimum deposit is just $10, and traders can fund their accounts using:
- Credit/Debit Cards – Visa, Mastercard
- eWallets – Skrill, Neteller, AdvCash, Jeton Wallet
- Bank Transfers & Local Payment Systems
- Mobile Payment Apps
⚠️ Note: OlympTrade currently does not support cryptocurrency deposits or withdrawals.
Minimum Trade Size – Just $1
Traders can open positions from as little as $1, making the platform ideal for beginners or those wishing to test new strategies with limited capital.
Fast & Secure Withdrawals
Withdrawals start from just $10, making it easy for users to access their funds. Processing time ranges from 2 to 5 business days, although in some cases it may take up to 14 days depending on the payment provider and location.
All withdrawals are made back to the original deposit method, ensuring compliance and security.
OlympTrade Status System – Loyalty & Unlockable Features
OlympTrade uses a status-based client ranking system, offering additional features based on:
- Deposit size
- Experience Points (XP) earned by activity and trading volume
Higher-status accounts unlock perks such as:
- Accelerated withdrawal processing
- Exclusive market signals
- Higher return rates on certain assets
- Access to personal analysts
- Risk-free trades
This gamified loyalty program encourages consistent trading and offers real value in the form of better tools and conditions.
Risk-Free Trades
One of the most attractive bonuses offered by OlympTrade is risk-free trading. These are small trade credits that allow users to place trades without risking their actual balance. If the trade loses, the amount is refunded — a powerful tool for testing strategies in live markets.
OlympTrade Tournaments – Win Big, Compete Smart
Unlike other brokers that focus on copy trading or social leaderboards, OlympTrade offers structured trading tournaments.
- Entry is based on league level, allowing both beginners and advanced users to compete fairly.
- Prize pools vary, with top-tier events offering up to $66,000 in rewards.
- Participation is simple: enter the event, follow the rules, and aim for the top ranking by return percentage.
Tournaments bring a fun, competitive aspect to trading and give users the chance to earn real rewards without additional deposits.
Frequently Asked Questions (FAQ)
🔹 Is OlympTrade a regulated broker?
OlympTrade is regulated by the Vanuatu Financial Services Commission (VFSC). While VFSC is not a top-tier regulator like the FCA or CySEC, OlympTrade has operated reliably for over a decade.
🔹 What is the minimum deposit to start trading?
The minimum deposit is $10, one of the lowest in the industry.
🔹 Does OlympTrade offer a demo account?
Yes. OlympTrade provides a free demo account with $10,000 virtual funds, accessible immediately after signup and without requiring a deposit.
🔹 What is the smallest trade I can make?
The minimum trade size is just $1, allowing micro-trading and experimentation with minimal risk.
🔹 Can I withdraw funds anytime?
Yes. Withdrawals are available from $10 and up and are usually processed within 2 to 5 business days.
🔹 Are there any deposit or withdrawal fees?
OlympTrade does not charge deposit or withdrawal fees, but external payment providers may charge their own service fees.
🔹 Does OlympTrade accept cryptocurrencies?
As of now, cryptocurrency deposits are not supported.
🔹 How can I increase my OlympTrade status level?
Your status level increases based on total deposit amount and experience points earned through active trading.
🔹 What are risk-free trades?
These are special bonus trades that don’t impact your account balance if they lose — great for testing high-risk strategies or volatile markets.
🔹 Does OlympTrade offer copy trading or MetaTrader?
OlympTrade does not offer copy trading or access to MetaTrader 4/5. Trading is done through their proprietary platform or mobile app.
OlympTrade Summary Table
| Feature | Details |
| Demo Account | Yes |
| Minimum Deposit | $10 |
| Minimum Trade | $1 |
| Payout | 93% |
| Expiry Times | 5 seconds – 23 hours |
| Ladder Binary Options | No |
| Boundary Binary Options | No |
| Regulator | VFSC |
| Mobile Apps | Android & Windows |
| Copy Trading | No |
| Social Trading | No |
| Margin Trading | No |
| MetaTrader 4/5 | No |
| Islamic Account | Yes |
| Payment Methods | Bitcoin, Credit/Debit Card, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Visa, Wire Transfer |
| Trading Instruments | Forex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades |
| Account Currencies | USD |
| Stock Exchanges | CAC 40, DAX GER 40, FTSE UK, Hang Seng, Japan Exchange, Nasdaq, Russell 2000, S&P 500 |
| Commodities | Oil, Silver, Gold, Platinum, Precious Metals, Natural Gas, Copper |
| CFD Trading | Yes |
| Forex Trading | Yes |
| Forex Spread (EUR/USD) | 1.1 |
| Crypto Trading | Yes |
| Crypto Spread | Variable |
| Crypto Coins | ADA, AVX, BCH, BNB, BTC, DASH, DOGE, DOT, EOS, ETH, GLM, KSM, LNK, LTC, MAT, SOL, UNI, XLM, XRP, XTZ |
