Olymp Trade available countries list

Olymp Trade is a well-known platform that offers several assets for trading. This platform was established in 2014 and had a mobile application with more than 50M installations

Olymp Trade available countries

This platform is regulated by the Financial Commission, which offers a reimbursement of up to $20,000 real money for any illegal acts. The money is sourced from the Compensation Fund. 

Any individual can join Olymp Trade by depositing a small amount of $10. But it’s important to note that this platform does not offer its services in all the countries. Keep reading to know the Olymp Trade available countries. 

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(Risk warning: You capital can be at risk)

Olymp Trade available countries and banned country list

Olymp Trade is a trusted platform but not everyone can trade through it. Below are some of the countries that are allowed to trade through Olymp Trade:

  • Hong Kong
  • India
  • Saudi Arabia
  • Thailand
  • South Africa
  • Luxembourg
  • Singapore
  • Qatar
  • and many more

But Olymp Trade does not offer its services in:

  • Japan
  • Cyprus
  • Denmark
  • Germany
  • Italy
  • Finland
  • Switzerland
  • UK
  • Portugal
  • Norway
  • European Economic Area
  • USA
  • Iran

As Olymp Trade is operable in many countries, its services are available in multiple languages. Some common languages include Indonesian, Spanish, Arabic, Chinese, Thai, Hindi, English, Malay, Vietnamese, and Portuguese.

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Who should use Olymp Trade?

Olymp Trade is popular trading that is recommended for the usage of beginners. This platform offers several benefits for beginners, like access to a demo account and low minimum deposit fees

olymp trade demo account

After paying the deposit fees, an individual can start trading binary options with a minimum trade amount of $1. New traders can make low-risk trades to minimize the risk of losing money on Olymp Trade. 

Olymp Trade top features

Here’s what makes Olymp Trade platform better than other binary options brokers.

Wide range of assets

Through Olymp Trade, you can trade major currency pairs, cryptocurrencies, commodities, and indices. You can also trade stocks of reputed companies like Microsoft, Apple, IBM, and more. 

Low minimum deposit 

Olymp Trade has a low minimum deposit rule so that anyone can try their luck in the binary options trading world. By depositing the amount, people can instantly start trading.

olymp trade deposit

Like the deposit amount, the trading amount is also low, which is $1

High-quality platform 

Lastly, Olymp Trade is a highly user-friendly platform. Its simple interface makes it easy for people to trade from anywhere. It’s compatible with desktop and mobile. 

Types of accounts

Olymp Trade platform offers two different accounts from which you can select one depending on your preference.

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(Risk warning: You capital can be at risk)

Standard 

If you are a beginner, you are advised to start a standard account. For this, you would have to make a small deposit of $10. Through this account, you can trade a minimum of $1 to a maximum of $2000. 

The standard account has a minimum withdrawal amount of $10 with a maximum limit. This account only lets you make one withdrawal for a day. 

VIP

If you have a certain level of binary options trading experience, you can get access to a VIP account by depositing a minimum of $2000. This account has a maximum deposit limit of $5,000

VIP-account-of-Olymp-Trade

The best thing about a VIP account is that it offers access to consultants. The VIP consultants can help you with trading. This way, your understanding of binary options trading will improve. 

Best binary broker:
(Risk warning: Trading involves risk)

Olymp Trade - Trade with a legit broker

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Olymp Trade - Trade with a legit broker

  • Professional platform
  • Free demo account
  • $10 minimum deposit
  • Webinars and education
  • High payouts
(Risk warning: Trading involves risk)

Short term trades 

Olymp Trade focuses on short-term trades, where the positions can be held for 15 seconds to 3 hours. Traders can have more control over their trade by freely choosing an expiration time. At any point, traders can also cancel a losing trade. This feature makes Olymp trade a reliable platform for beginners. 

Free demo

By paying the minimum deposit amount, you get access to a demo account with 10,000 virtual coins. You can get the hang of binary options trading by practicing on the demo account.

olymp trade demo trading

When you enter the real trading world after practicing on the demo account, the risk of losing money is reduced. 

Deposits 

You can make deposits through bank wire, credit and debit cards, cryptocurrency, and e-payment modes. Interestingly, Olymp Trade does not charge any deposit fees.

Comparatively, fund traders are fast. Cryptocurrency deposit is the fastest, but wire transfers take longer than usual. 

Withdrawal 

Your withdrawal amount can vary depending on your account type, with the minimum always remaining $10. The withdrawal money of Olymp Trade will go back to the method you used for depositing money.

olymp trade withdrawal

The withdrawal time can be within 24 hours to 3 days for standard members. Whereas, for the VIP members, it only takes a few hours. 

➥ Sign up with Olymp Trade for free now!

(Risk warning: You capital can be at risk)

Trading tools and market research 

If you are using Olymp Trade, you will be glad to know that this platform uses multiple educational resources and materials. This way, traders know everything about good trading. Quality materials also help the traders to develop the best trading strategies on Olymp Trade.

olymp trade education

Educational resources available on Olymp Trade include trend indicators, social media platform presence, trend indicators, and video tutorials. Since this platform offers numerous educational resources, it has become the trendiest trading platform. 

Social media platforms like YouTube and Facebook are also used for circulating information. 

Conclusion 

Overall, Olymp Trade is a better platform for traders to enter the binary options trading world. But it’s important to note that this platform does not offer its services in all countries.

how does olymp trade work

If Olymp Trade operates in your country, you can get yourself registered with it by paying a small deposit amount of $10. Depending on your experience and interest, you can choose one of two account options, i.e., standard or VIP. 

➥ Sign up with Olymp Trade for free now!

(Risk warning: You capital can be at risk)

About the author

Percival Knight
I am an experienced Binary Options trader for more than 10 years. Mainly, I trade 60 second-trades at a very high hit rate.

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