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Olymptrade -

Score

1.70 /10
Danger

Olymptrade

Vanuatu

5-10 years

Suspicious Regulatory License

Self-developed

Global Business

High potential risk

https://olymptrade.com

Influence

AA

Add brokers

Comparison

Quantity 61

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.35

Risk Management Index0.00

Software Index4.96

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2018-01-01
INVESTOR ALERT LIST
Olymptrade
Olymp Trade

Broker Information

More

Company Name

Aollikus Limited

Company Abbreviation

Olymptrade

Platform registered country and region

Vanuatu

Company website

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-06-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 57 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

61 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

OLYMPTRADE is a fraud

Unable to withdraw

2021-07-07 06:52
Scam

Close positions before hitting 0

Close positions before hitting 0

2021-04-12 17:28
Scam

Scammer

They prevented you from making profits and rejected the withdrawal. They were of no regulation of FCA, ASIC or CySEC.

2021-09-29 08:11
Scam

I can login to the Olymptrade platform with my phone successfully, but when I tried login in with the Laptop, it's been unsuccessful till now.

I think it's a fraud platform... so far I have spent over 300 dollars trying to trade with some progress, at the blink of a second, the price trends will suddenly reverse to a lose of trade, this occurs again and again thereby causing me to eventually lose all my money .... Please stay away....

2021-02-10 14:36
Unable to Withdraw

OlympTrade

unable to withdraw.........

2022-12-13 13:44
Unable to Withdraw

Unable to withdraw

I tried to withdraw funds in this platform while I can't

2021-06-17 08:13
Scam

Be cautious of brokers masquerading as traders engaging in gambling activities, manipulating the system

They manipulated me into executing simultaneous buy and sell actions in binary options, resulting in losses from both. These dishonest brokers, disguised as traders, manipulate the prices.

2023-11-28 02:02
Scam

Deposit Not Credited

I made a deposit of 1000 Nigeria Naira (#1000) into my Olymptrade account and it was never credited, I sent a message to their email address but the message was not replied, all efforts to get through the their customer service representative proved abortive... please do stay away from them, they are not trustworthy.

2021-09-18 21:11
Scam

There is some problem with the price of this broker

I've deposited nearly $200.

2020-11-26 14:08
Severe Slippage

Severe Slippage

I just wanna get my money back. What should I do? I must report the situation to someone.

2021-05-10 20:01
Others

Fake price

I took a screenshot of one of my trades and the candle was right on the line (it closed, it expired there) when I came back in, it showed that it had broken. Look in the images how the candle changes, that is a scam.

2024-04-28 13:26
Scam

They took my money and closed the account 3718$

Close my account and take the money in it3718$ And they said that I violated item number 8But I did not violate anything And I didn't do anything I contacted them a lot without benefit. They say the company’s decision, why do you deceive me and take the person’s fatigue I want my money from them if you can help and warn some of them

2023-05-04 01:43
Scam

Close my orders automatically

Close my orders automatically

2021-05-22 19:29
Severe Slippage

Interfering with results

You can see the trading histofry from following pictures. Stay away from this fraud platform!

2020-12-17 14:03
Scam

arth

As you can see, I opened a buy 5s order. This order will end at 22:17:00.938, which is already a new candlestick. and the moment when my order closed The new candle (time 22:17:00) during this time rose without any contraction.

2024-03-26 23:47
Scam

BIG SCAM ALERT $3,750 HAS GONE

This is the victim who was trying to make money from forex for her sick father. She contacted Max in January. Max Zuniga said “You will be seeing 7-15k returns a month per account”. A few months and a lot of ghosting later she contacted Max in April for an update. All 3 accounts failed. Anyone who’s local or lives near Max or is a friend or an acquaintance will know this is Maxes phone number. Proof folks. An easy $3750 for Max for failing all 3 accounts. Stay away from such type of scammers

2021-08-06 12:24
    Olymptrade · Company summary
    OlymptradeReview Summary
    Founded2014
    Registered Country/RegionVanuatu
    RegulationNo regulation
    Market InstrumentsForex, Stocks
    Demo Account✅
    Leverage/
    SpreadFrom 0 pips
    Trading PlatformOlymptrade, PWA
    Minimum Deposit$/€ 10
    Customer SupportPhone: + (356) 2034 16 34
    Email: support-en@olymptrade.com
    Social Media: Facebook, Instagram, Telegram, Youtube, Twitter, Tiktok, Pinterest
    Physical Address: 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu

    Olymptrade Information

    Olymptrade is an online trader registered and established in Vanutu in 2014. It supports traders in trading forex and stocks through its own trading platform. In addition, it also supports a minimum spread of 0 and 0 commission. But currently, it is in an unregulated state.

    Olymptrade Information

    Pros and Cons

    Pros Cons
    Support demo accountsNo regulation
    24/7 supportNo account detail information
    The spread starts from 0MT4/5 is not supported
    Support zero commissionLimited trading products
    Low minimum deposit of $10

    Is Olymptrade Legit?

    Olymptrade was registered in 2014, but it is currently unregulated.

    license
    domain

    What Can I Trade on Olymptrade?

    Olymptrade supports you in trading forex, with over 100 assets including currency pairs,majors, minors, exotics,crypto and more. In addition, you can also trade stocks.

    Tradable Instruments Supported
    Forex✔
    Stocks✔
    Cryptos❌
    Futures❌
    Indices❌
    Options❌
    Commodities❌
    Indices❌
    Bonds❌
    ETFs❌
    assets

    Account Types

    Olymptrade did not provide specific account information. What can be known is that the minimum deposit amount is 10 US dollars or euros. It also supports the opening of demo accounts and Islamic accounts.

    Account Types
    Account Types
    Account Types

    Olymprade Fees

    Foreign exchange trading supports 0 spread, with commissions starting from 0.6 pips. And there is no commission for opening a stock position for trading.

    Olymprade Fees
    Olymprade Fees

    If no transactions are made in a real account and/or funds are not deposited or withdrawn within 180 days, a monthly idle fee of $10 (or the equivalent account currency) will be charged.

    If the account balance is lower than the idle fee, only the available balance will be charged. Accounts with a balance of zero will not be charged any fees.

    Olymprade Fees

    Trading Platform

    Olymprade offers its own trading platform, which can be used on both desktop and mobile devices. In addition, there is a web-based trading platform called PWA.

    Trading PlatformSupported Available Devices Suitable for
    Olymptrade✔Desktop, Mobile/
    PWA✔Web/
    MT4❌/Beginners
    MT5❌/Experienced traders
    Trading Platform
    Trading Platform

    Deposit and Withdrawal

    Deposits can be made using bank cards, cryptocurrencies or electronic payment systems. To withdraw money, you need to press the payment button through your account, select withdrawal, specify the withdrawal amount and confirm the transaction. The minimum withdrawal amount is 10 US dollars or euros.

    News

    ExposureOLYMPTRADE: Real or Fake?

    Olymp Trade has been an online broker since 2014. Olymp Trade joined the IFC in 2016. Olymp Trade received the 2017 Best Options Broker Award at the Forex Expo and the 2017 CPA Life Best Financial Broker Award. Olymp Trade's official website does not show any regulatory information.

    WikiFX
    2024-06-19 17:52
    OLYMPTRADE: Real or Fake?

    NewsOlymp Trade and Ronaldinho Partner for a Joint Social Cause

    Olymp Trade, an international trading platform, is partnering with world-renowned footballer Ronaldinho to launch a charity campaign called "Team up for Change." From February 6th to 26th, the event will be taking place on social media channels and provide Olymp Trade traders with the chance to make a difference in someone's life.

    WikiFX
    2023-02-14 10:31
    Olymp Trade and Ronaldinho Partner for a Joint Social Cause

    NewsWIKIFX REPORT: Ronaldinho joins Olymp Trade as an ambassador

    The worldwide famous football player has now joined a new team with a goal to attack the financial market

    WikiFX
    2022-08-18 15:08
    WIKIFX REPORT: Ronaldinho joins Olymp Trade as an ambassador

    NewsWIKIFX REPORT: How to Make Money with Olymp Trade Platform in the Forex Market?

    A thrilling and lucrative method of generating income is forex trading. On the financial markets, professional traders earn a lot of money. To get to this level, however, you must thoroughly practice and grasp the fundamentals of exchange trading. In this post, we'll examine all the critical information that novice investors need to be aware of and take a deeper look at the recently launched Olymp Trade Forex trading platform.

    WikiFX
    2022-06-15 13:55
    WIKIFX REPORT: How to Make Money with Olymp Trade Platform in the Forex Market?
    About More

    User Reviews

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    User comment

    19

    Comments

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    dhewsh
    more than one year
    Even if you're just an ordinary or zero account user, the fees are exorbitant. The spread is the only fair account, but if you're a small trader, you'll just keep losing over and over again. It's just not worth your time.
    Even if you're just an ordinary or zero account user, the fees are exorbitant. The spread is the only fair account, but if you're a small trader, you'll just keep losing over and over again. It's just not worth your time.
    Translate to English
    2024-03-22 16:12
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    Sataheep Pichit
    more than one year
    Loving every moment with Olymp Trade. so easy to use. even cheeky newbies can trade here and make it look easy. I was up and trading in with only a few bucks out there. The range of assets is decent, from forex to ETFs and whatnot. plenty of options to diversify. Plus, their educational resources are a goldmine for anyone looking to level up their trading game.. recommended
    Loving every moment with Olymp Trade. so easy to use. even cheeky newbies can trade here and make it look easy. I was up and trading in with only a few bucks out there. The range of assets is decent, from forex to ETFs and whatnot. plenty of options to diversify. Plus, their educational resources are a goldmine for anyone looking to level up their trading game.. recommended
    Translate to English
    2024-02-27 23:27
    Reply
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