Olymp Trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-22 18:30

Abstract：Olymp Trade is an unregulated broker offering Forex, Fixed Time trades, and Stocks. It provides a free $10,000 demo account, charges no commissions, and features a proprietary trading platform.

Olymp Trade Review Summary
Founded	2021
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Forex, Stocks
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	Proprietary trading platform
Minimum Deposit	/
Customer Support	24/7 Live Chat

Olymp Trade Information

　　Olymp Trade is an unregulated broker offering Forex, Fixed Time trades, and Stocks. It provides a free $10,000 demo account, charges no commissions, and features a proprietary trading platform.

Pros and Cons

Pros	Cons
Free demo account with $10,000	Lack of regulation
No commissions	Limited information on trading conditions

Is Olymp Trade Legit?

　　Olymp Trade is an unregulated broker. The WHOIS search shows the domain olymptrade-my.com was registered on January 29, 2021. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.

What Can I Trade on Olymp Trade?

　　Olymp Trade offers trading in Fixed Time trades (starting from 1 minute with a fixed rate of return), Forex (with no spreads and extended trade settings), and Stocks (for long-term investments, including major companies like Apple and AMD).

Tradable Instruments	Supported
Forex	✔
Stocks	✔
Commodities	❌
Indices	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Demo Account

　　Olymp Trade offers a free demo account with $10,000 for risk-free learning, and also provides access to ready-to-go trading strategies developed by professionals to help increase efficiency.

Olymp Trade Fees

　　Olymp Trade charges no commissions for investors.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Proprietary trading platform	✔	Desktop	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders