Min. deposit
10$
Min. price
1$
Profitability
*
Demo account
Yes
Currency
, ,
Supported languages
,

* “The amount that will be credited to the account in the case of a successful deal
General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

OlympTrade is a young Russian platform established in 2014 with office in Moscow. This is one of the most well-known firms at post soviet countries that has a category “A” of the international Financial Commission. Also this broker, initially, was created for the Russian market.

The main feature of OlympTrade is that it is the only one broker who offers traders just one type of option – Call/Put with expiry time from one hour to one minute. In other words, this broker is a great option for players who bet on small amounts, because the opportunity for carrying out fundamental analysis is simply not provided.

The proposed number of assets is limited. You can choose from currency pairs including USD/RUB and €/RUB to Bitcoin. There are also available several types of commodity assets, in particular gold, silver, platinum and oil. And the main point is in presence of “random asset” it can be traded at any time and it’s price changes unpredictable. In fact, such asset will be interesting to beginners and experienced traders. Also, it is necessary to pay attention to the indexes, directly to CryptoIndex. It is the author`s development, which has laid into the prices call options, Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).

The minimum transaction amount is 30 RUB (or 1$), while the minimum amount to account refill is 350 RUB/10 $/10 €. This broker also offers a Demo account with a balance of 10,000 units of the selected currency, so that a potential trader is able to fully appreciate all the benefits of the platform. Minimum transaction amount, depends on the account currency, and is equal  30 RUB/ 1$/ 1€, while the transaction amount maximum is 150.000 RUB / 2.000$ / 2.000€. At the same time, for VIP users, the maximum amount of the transaction, also depends on the account currency, but is equal 400.000 RUB / 5.000$ / 5.000€.

OlympTrade also has set the limits on the size of positions of one instrument, depending on the currency of account, in the amount of:

• 750.000 RUB/ 10.000$/ 10.000€ – for non VIP users;

• 800.000 RUB / 10.000$ / 10.000€ – for VIP users;

• 1.600.000 RUB / 20.000$ / 20.000€ – for all users;

and on all tools for all users is 1.600.000 RUB/ 20.000$/ 20.000€.

You can use plastic cards VISA, Master Card or QIWI, Neteller, Webmoney, Yandex-Money for depositing and withdrawing funds from your account. Speaking of withdrawal, the minimum amount is 350 rubles, which is equal to amount of the initial replenishment of the account. But for the withdrawal of the bonus trader need them to “win back”. We hasten to note that this practice is typical for most brokers. Also OlympTrade regularly holds the tournaments among the brokers with cash prizes.

The website supports different languages. You can quickly switch from Russian to English, Portuguese, Turkish, Spanish and other available version of the website. Trader’s support is available in several languages in the format of chat, email, Skype and phone.

This platform contains an excellent selection of informative materials for beginners such as webinars, strategies, video tutorials and courses. Available learning tutorials teach how to trade with binary options and introduce their nature.

This trading platform is considered to be the best option for beginners, despite its use by large players of the binary market. But still it has some not so positive qualities that should be summed up, namely:

• limited number of assets (13) and one type of option;

• access to Demo account and webinar is possible only after user’s registration;

• withdrawal about 3 days, which is possible only after providing personal data (including passport scan).

But still, despite the facts listed above OlympTrade has the following advantages:

• minimum Deposit amount is 350 RUB, which is equal to the minimum withdrawal amount (!);

• deposits are kept in a European Bank;

• profitability of transactions is up to 90%;

• presence of a Demo-account;

• free access to analytical and training materials;

• it owns major organizations licenses (!);

• it provides reliable protection of personal data and financial information.

In conclusion, we want to add that this broker deserves your attention, especially if You have not yet decided on the choice! After all, if You for some reason want to change the broker, You can easily withdraw the invested amount of money from OlympTrade. And remember that this broker additionally recharges with a cash bonus for the first top-up account.

OlympTrade – perfect platform to try hand at options trading!

Start trading
General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

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