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Olymp Trade: an easy way to earn money on financial markets for beginners and professionals

Every year there are more and more ways to earn money online. But, despite this diversity, the majority of people still cannot start earning income on the internet. Why? The fact is that almost all ways to make money on the internet require significant personal investments: spending on advertising, or buying goods, if with internet stores, etc.

Nevertheless, there are ways to earn money online with minimum or no investments. Trading, for example, namely digital options trading. It is far simpler than trading on the classic financial markets, but you can earn income comparable with that generated on the currency and stock exchanges.

There is, however, one problem that many novices face – they have a fairly hard time choosing a broker. We decided to help all beginning traders and to talk about one of the most popular and fastest growing digital options brokersOlymp Trade.

Olymp Trade: up to 90% profit with minimum investments

To start trading digital options with this broker, all you will need is $10/€10 – this is the minimum deposit on the Olymp Trade platform. The minimum trade is $1/€1, while your profit might be up to 80% of your investment on a regular account and up to 90%on a VIP account.

The process of closing trades is as simple as could be, so even beginning traders will be able to learn to trade digital options fairly quickly. All you need to do is:
  • choose an asset and indicate the trade amount and expiration – the time at which the trade will close;
  • predict whether the price of that asset will rise or fall over the specified time period.
There are more than 60 assets on the Olymp Trade platform: currency pairs and crypto currencies, commodities, indexes, and stocks. You can choose any and set any trade time from 1 minute to 23 hours.

Another nice bonus from Olymp Trade – there is no commission for depositing and withdrawing money. By the way, withdrawal takes an average of 1 day for regular account holders and just a few hours for VIP traders. The withdrawal methods are the same for everyone: bank cards or the Epayments, Webmoney, Neteller, or Bitcoin e-wallets.

In just a minute therefore, you can make, say, $9 net profit on a $10 investment and withdraw it to card or e-wallet with nothing deducted by the broker.

I don’t know how to trade binary options, but I want to learn. Does Olymp Trade provide this opportunity?

The broker discusses trading binary options in analytical articles especially for novices. You can take advantage of all these materials absolutely free at the Olymp Trade official Facebook page.

The Olymp Trade platform also has a demo account, where you will be able to put the knowledge you acquire into practice. Access to this account and to all educational materials is provided to all traders at no cost.

Can I earn money at Olymp Trade without any investment?

Yes, you can, through the Olymp Trade affiliate program. All you need to do is to recruit affiliates, and no investments are required. By the way, in April 2017, Olymp Trade Affiliate was recognized as the best affiliate program at the CPA Life conference. It earned such a high rating because of a number of features:
  • the fastest payout of compensation (in this segment);
  • effective affiliate motivation through contests with valuable prizes and gifts;
  • professional technical and informational support for affiliates.
At that same conference Olymp Trade also won the category “Best Financial Broker,” and in 2016 was named the “Fastest-Growing Broker of the Year” at ShowFx World and the “Best Platform for Trading Binary Options” from IAIR Awards.

Does Olymp Trade have a support team?

Yes, and you can contact tech support specialists by the email (support-en@olymptrade.com), or via online chat at the broker’s site, or on the official Olymp Trade Facebook page.

Olymp Trade is a reliable, solid digital options broker that guarantees prompt payouts. You can make money with Olymp Trade even without investments. That is why more and more traders from South Africa prefer Olymp Trade when they choose a binary options broker.

Monetary Library's press office

Monetary LibraryIf you are looking for business or financial advice you are at the right place! Monetary Library's team is following up the everyday trends and we hope you find the information here useful for your needs. If you have any further ideas and advice feel free to share with us!
Comment
sarah sanchez
its all a scam, i traded with different brokers, most of them disappear when you make withdrawal request, some of them will try to convince you not to withdraw and instead invest more while others will actually allow you withdraw a little amount so they can build your trust and after that they begin to make large requests. i lost allot to these fraudulent brokers, i was depressed for months until i came across binaryoptionassetrecovery, com . when i met them i didn't believe they could get back my money because i've been scammed allot already and didn't know what to believe, but my gut feeling to ld me to give it a try and i did, im happy i did!
Posted on 1 Sep 2018 02:32
Lopez Michale
Olymp Trade is a borker I've been using for a long time already. It's now the only broker I use for trading in the financial market. I must say it's the broker I did not expect to use for long term, despite some improvements that could be made, I think Olymp Trade is really something you can rely on as a trader.
Posted on 10 Jan 2019 13:16
Samahita Sabaggalet
I got rather good impression with Olymp Trade. In the beginning it was hard to deposit, but then its support team helped me. Better yet, they also gave me a promo code so that I could receive bonus along with my deposit. But, the bonus went away when I withdrew my profit. I think That's fair. What matters is that Olymp paid my withdrawal fund.
Posted on 10 Jan 2019 18:34
Evaline Lied
I start my trading experience with searching for info about it as much as available on internet, after that I decided to register a trading account on Olymp Trade platform, I spent 4 months practice with the demo account and deposit my first fund to trade and made little profit, I withdrew the profit to my bank account successfully. Anyway I have a question, how many times per day can I withdraw money from Olymp Trade?
Posted on 11 Jan 2019 09:04
Ru Ru
Olymp Trade is quite good to trade with. Their chart has a nice design - the best I can find among all other I know. They process every withdrawal request I have made so far. Usually, it would take me from 1 - 3 days to receive my money. My only wish is they would pay out faster.
Posted on 12 Jan 2019 18:51
Walter Romeu
I agree that Olymp Trade is an easy way to aern money! When I started in the financial market I had no idea what to do, and the materials and demo account helped me a lot. Sometimes I think that the graph is manipulated, because according to the indicadors and strategies that I use I suppose to win, but the opposite occurs. In other times the graph works properly. I think they should fix it, because in some cases it make people losing money. In general the broker is good.
Posted on 13 Jan 2019 12:43
Tahir Khan
I am in trading from almost 8 years now and i am using Olymp trade from over a year now Olymp trade is good broker some decent features for traders like me i prefer Olymp trade because here we can trade wast trading instruments no many brokers offer such wide variety of trading instruments available for trading on platform i trade not just currencies but stock indexes and commodities too my fav trading is in Russell 2000 which is available for trading on Olymp trade platform .spreads are good and another thing i like about olymp trade that here we can do both forex and option trading
Posted on 15 Jan 2019 13:24
Emmet Brown
What can I say about this broker. I was sceptical at first but now I am falling in love with it. Why do I feel sceptical? Because I read some of the reviews saying that this broker didn't pay out, their interface is lousy etc...But I am not a person who will just accept what people say so I go ahead and try it myself. Oh boy , how wrong the reviews were! This platform is awesome! Their customer support is very efficient, their facebook community is very helpful, easy to navigate interface and above of all the pay out is on time !!! what else could you ask as a trader ?? Tq Olymp Trade !
Posted on 15 Jan 2019 13:45
Arlyn Yap
I have been using Olymp Trade for a year already and I can say that I really like the platform. It is very easy to use even when I first started. I was apprehensive at first because I was afraid of the reviews saying that it is a scam, even though I found a lot of good reviews too. So I decided to try this with myself. I dont want to bore you all with the details, but I really did make my initial deposit of 20USD grow. And it makes me so glad that I chose the right broker.
Posted on 18 Jan 2019 15:50
Meg Sun
I'm satisfied with the service! They transfer money quickly, and your credit card isn't the only option. They work with many different payment systems and it's very convenient. Today I closed a deal with a 7,5% profit. I registered here when I was a complete newbie. Olymp helped me become from a newbie almost a professional, and I keep learning something new.
Posted on 18 Jan 2019 18:07
Can Berk
Olymp Trade is a well known broker accross the globe. I have been using it for more than 2 years and I can say that it was an exceptional experience so far.
Posted on 19 Jan 2019 00:42
jeff nik
It's a great broker with no remarks! They work 24/7/365 with no hitch or scamming. Not some bucket shop 100%. The minimal deposit is 10 bucks. Deals from 1 dollar. You can practise and earn more experience. If you have questions, online support reacts within 30 seconds. They have everything for you to succeed!
Posted on 28 Jan 2019 18:50
Kort Skoble
11 timeframes, you can decrease and increase the graphs. Olymp Trade recently allowed to take screenshots. Most importantly, they have a mobile version. I often trade from a tablet when I travel by train to work. You just need a good internet. Everything's OK with investment assets, there is everything from cryptocurrency to stocks. Ifeel free to recommend!
Posted on 11 Mar 2019 23:40
Leonid Lisenko
I like this investment platform not only for its reliability, but also for its diversity in investment assets. There are many assets and they are all different. Metals, stocks, cryptocurrency, currency pairs and so on. It's an embarassment of riches. I hope that everything will be as good in the future.
Posted on 18 Apr 2019 23:19
Rolf Hokansson
Olymp Trade is an excellent broker, one of the market's leaders. I agree that you can start trading with this company even with the small sum as the minimum deposit is only 10 dollars. But to start getting the income without investments just through the affiliate program is an unlikely scenario. Who usually makes money out of the affiliate programs? These can be either the owners of the thematic websites or professional traders. Both have opportunities for new clients recruiting. A newbie doesn't have such an opportunity. Even if a newcomer will invite new referrals personally, through the partnership link, he needs to understand what the options trading in general. I'm sure that the classic way is demo account - real account - affiliate program (if you feel like) - the most optimal. Another matter that not everyone would like to deal with the affiliate program once he learns how to trade effectively as you can make good money out of binary options tradings.
Posted on 19 Apr 2019 00:03
Conrad Bayer
Options are of course easier than classic forex-trading. But to declare that this is just a super simple and easy way of making money is very reckless. I spend three months learning how to trade and was building my system, the same amount of time I trained to get a stable income. It is good that Olymp has a free demo. Plus I learned something during the webinars. My advise for all newbies to be ready from the start to work hard – if you are waiting for that money will fall out on you on day one, you can be deeply disappointed.
Posted on 25 Apr 2019 15:52
Pablo Anderaz
In terms of educational activities, support and interaction with the clients Olymp is the best broker I’ve been working with. They conduct webinars, only they have real offices (as far as I know). Exactly moments like this inspire confidence that the company really exists and you can work with it and trust your money. And also trading conditions are quite nice ;)
Posted on 3 May 2019 13:22
Max Ilin
The possibilities of the platform are actually limitless. There is a multiplier X200, which gives your trading a bigger scale and allows traders to trade not only with their budget. There is an economic calendar, which is indispensable when trading on the news. In Forex there is no spread. You can trade pips.
Posted on 18 May 2019 13:45
Lemar Martin
Don't be told about it - Start making money today trading on your mobile! Olymp Trade has changed my life in more ways than i can explain here
Posted on 19 May 2019 20:04
Niclas A
I wouldn't say that the affiliate program is another way of making profit without investments. At the very least, you need to have your personal blog or website where you can put the banner or the referral link. In turn, the development of a blog requires much time and money. In my opinion, the affiliate program and trading are two separate ways of making money on options, each with its own advantages.To me, the number of awards Olymp Trade has won for just several years in the market really inspires confidence. I guess this company will also be easier to promote, if you try the affiliate program. Besides that, you'll definitely feel more comfortable when recommending a solid company.
Posted on 22 May 2019 23:53
Baako Udo
As for training, I'd also like to mention Olymp Trade webinars which are held almost every day completely for free. In my opinion, such type of training is way more efficient than if you're simply cramming articles about strategies or watching videos. Of course, in both cases you can continue practising with a free demo-account. But the point is, at webinars you can ask a speaker or more experienced traders directly whatever is unclear to you, and that really makes difference. When I joined Olymp Trade, I already knew the basics of trading in financial markets, so I just attended a couple of webinars. Still, that's a great opportunity for the newbies to acquire the basic knowledge they need!
Posted on 5 Jun 2019 13:29
Mixail Shapoval
There still not enough assets, especially on the forex platform. I link this with the fact that the broker is still young. I would like more indices. There’s ETF, but they are not interesting for everyone. The charts are quite relevant. I’m constantly checking independent analytics providers. Special thanks for the withdrawal of profits without commissions!
Posted on 17 Jun 2019 09:39
Magnus Hansen
I got it, another commercial of another company allegedly for the fund return from the brokers – fraudsters. But as rule firms like that are doing nothing – very often brokers just pay off at their own will the money, which was delayed due to the technical issues for example or the issues from the side of the bank, and company like that just takes it as a credit. Anyway, it has nothing to do with the Olymp Trade….
Posted on 19 Jun 2019 00:11
Hunavan Hunavan
As soon as I heard about Olymp Trade, I looked into the investing platform. Then, I saw I could start trading with the minimum value of $10, which was absolutely mad and I started trading with Olymp Trade. I have been jumping from platforms here and there, but finally I found the one to hang on to. I mainly trade currency pairs and commodities. When it comes to withdrawals, there is no commission on it as well.
Posted on 27 Jun 2019 15:59
Halkus Erenberg
Well OK, a broker dumped you. My sympathies. That happens sometimes when you deal with some obscure companies that you choose at random. But what does it have to do with Olymp Trade? As far as I know, this company isn't a scam, at least I've been trading here for more than a year and made a withdrawal, and there was no trouble at all.Yet something tells me that nobody screwed you, and your money wasn't delayed. You're just trying to promote some shady money refund scheme... As far as I heard, such schemes are much more likely to appear fraudulent than actually the brokers.
Posted on 13 Jul 2019 23:16
Halkus Erenberg
Well OK, a broker dumped you. My sympathies. That happens sometimes when you deal with some obscure companies that you choose at random. But what does it have to do with Olymp Trade? As far as I know, this company isn't a scam, at least I've been trading here for more than a year and made a withdrawal, and there was no trouble at all.Yet something tells me that nobody screwed you, and your money wasn't delayed. You're just trying to promote some shady money refund scheme... As far as I heard, such schemes are much more likely to appear fraudulent than actually the brokers.
Posted on 13 Jul 2019 23:22
Zheka Rashovsky
I want to say that Olymp has a great trading platform. All elements are intuitive. I find the only drawback in the absence of a complete description of the capabilities of the platform. For example, I learned about the presence of delayed orders not so long ago, but it turned out that these orders were entered into the platform in February. I don’t read mail in vain!)))
Posted on 15 Jul 2019 16:06
Oltwig Sepp
To all the newbies who would like to learn trading properly, I'd recommend 3 main things. First of all, learn the theory. Olymp Trade offers lots of materials on the basics of trading and analysis, as well as ready-made strategies. You can find all of this on their website and Youtube-channel. Besides that, the company provides free webinars, which is a great opportunity to not just actually learn the basics, but also talk to the instructors and ask them whatever is unclear to you. Secondly, you really need practice. For that aim, you've got a demo-account that is available free of charge. And finally, communication with the like-minded ones is crucial :) There's a cool community on Facebook, in Olymp Trade group. You can even win there some interesting prizes, like a risk-free order, simply by actively participating in discussions and suggesting your ideas.
Posted on 21 Jul 2019 01:31
Steven Witt
Olymp is one of the best brokers specializing in short-term trading! In addition to the options, there is a second platform for those who want to trade on the price difference. This allows you to avoid unnecessary risk when the profitability of selected couples decreases, but you do not want to risk. At first, it was unusual for me to choose the SL and TP levels in the deposit currency. You have to adjust the levels with the mouse. It is not difficult, I must say. The interface is amazingly user-friendly.
Posted on 23 Jul 2019 06:44
Kirill Zackharov
I agree with some reviews. The developer is constantly upgrading the platform. It is great! After adding the second screen, I can now trade by the correlation method, comparing two charts simultaneously. This is a very profitable strategy, especially when trading with cryptocurrencies!
Posted on 23 Jul 2019 14:36
Felix Tan
I have been trying to find a good trading platform for a long time before I started trading with Olymp Trade. What made me stay? Just like the article said, it is very easy to use not just for professional traders but also for newbies like I was before. The interface especially on their mobile application is easy to understand so that I can start trading easily without this being a problem in my mind.
Posted on 30 Jul 2019 10:37
Levitek
The process of digital options trading itself is actually very simple on Olymp Trade platform. You just need to click with your mouse a few times to open the deal, and they close automatically. The other thing, you need to make detailed analyses for your deal turned to be profitable. And to make your deals closing with profit on a regular basis you may require even years of practice.  However, this situation will be the same for every financial market. And here at least you will not spend your time on learning the tricks of the platform. And also you will avoid unnecessary losses just because you clicked the wrong button – this is just impossible here.
Posted on 28 Aug 2019 17:05
Willem de Graaf
I’ve chosen Olymp Trade as my personal broker a few months ago and I am quite pleased with the platform and the variety of traded instruments. However, I didn’t know about the affiliate program at Olymp. Guess I should try it, cause I definitely can recommend this broker relying on my personal experience. Affiliate program is a great chance to stop doing this for free LOL
Posted on 11 Sep 2019 23:59
Devan Terry
I wouldn't say that the choice of assets Olymp Trade provides is too small... Though it's a matter of preference, of course :) Personally I prefer EUR/USD, because in case with Olymp Trade this pair shows the highest payout rates. As for other assets, I don't use them much, so I basically don't care whether they are 100 or 1000 on the platform :) Concerning the withdrawal, yes, I agree. It's really cool that there are no commission fees and the funds arrive really quickly!
Posted on 28 Sep 2019 00:36
Arif Sharifudin
I trade with Olymp since last summer. I wouldn’t say it is easy to profit, but it really easy to find out how the platform works and how to buy and sell options there. Success really depends on how you use the information provided at educational videos and webinars, how hard you work on your personal trading style. It took me 2 month to start profiting at Olymp and I’m grateful for all the lessons and personal manager support. They helped a lot!
Posted on 13 Nov 2019 14:07
Anonymous
Learning with Olymp Trade is easy because they have training materials in their website and in their youtube channel. It's very useful especially for people who are just starting out. You dont need to drown yourself in strategies though, just learn the overview for each and master one or two that you think will be beneficial for you.
Posted on 15 Nov 2019 11:29
Neh Gokhale
If you encounter brokers scammers once, this does not mean that all brokers are scammers. Olymp Trade has been working since 2014, and I have been working with them since 2016. The company is a member of Fina?om, so if there were such cases, then Fina?om has long since ruled out Olymp Trade. I think it's silly to talk about one broker on the basis that some brokers are scammers. For all the time I worked with Olymp, I had no problems with the withdrawal of money, which is obvious, since it is a large company offering high-quality services.
Posted on 20 Nov 2019 22:14
Lal Venkataraman
I also like the support team at Olymp Trade. They always help me if I need help or if I have any technical questions. And they also have groups in social networks where you can talk to other traders, discuss strategies and peculiarities of working on the platform. At first I was interested as a beginner, but now I just like to talk to experienced traders who can share their knowledge and tell me what to look for in the market now.
Posted on 7 Dec 2019 22:08
Modilanim Modilanim
Really, Olymp support team is cool and it always helped me to overcome difficulties and understand some things, but if your question doesn't about technical side, but about trading it's much better to connect with other traders and ask them. With Olymp trade community it's easy to do, so traders share knowledge and communicate with each other. And the best thing is that this community is official and Olymp want to develop it, I think that's client-oriented approach :)
Posted on 25 Dec 2019 22:08
Modilanim Modilanim
Really, Olymp support team is cool and it always helped me to overcome difficulties and understand some things, but if your question doesn't about technical side, but about trading it's much better to connect with other traders and ask them. With Olymp trade community it's easy to do, so traders share knowledge and communicate with each other. And the best thing is that this community is official and Olymp want to develop it, I think that's client-oriented approach :)
Posted on 25 Dec 2019 22:08
Alan Kennesy
I really think this is better to start with options trading if you only a newbie on financial markets. It doesn't mean it's gonna be easy, but I am sure that systematic approach is the only miracle anyone needs to be profitable here. Olymp is a nice place to start at. This is a reliable brokerage with a long term history of operations and convenient platform.
Posted on 10 Jan 2020 22:04
Conjullador Conjullador
The main point is to choose reliable brokerage and I hardly stand for this and always suggest anyone to choose only RELIABLE brokerage. I trade with Olymp Trade and can speak only for this broker. This broker is regulated by Finacom (IFC) and if broker take any unfair action, traders can be compensated. Maybe you was trading with unfair brokers and that's really bad that you lost money, but don't generalize brokers and don't speak for all of them. As in any other industry, there are fair and unfair actors that's true.Just choose reliable brokerage and you will never have problems, for me Olymp Trade is best choice in this regard...
Posted on 30 Jan 2020 03:37
Siralis
Olymp Trade is cool brokerage from all points of view, I really like it and I trade it since 2018 and there was no single problem. Support service and facebook community can give you almost all info about trading, so you have just ask. However, I catched in situations when oppinions are divided. Some people in Facebook says that Finacom is just regulator and it doesn't compensate nothing, while support service promise that Finacom compensate in any unfair case, so what's right?
Posted on 17 Feb 2020 21:49
Siralis
Olymp Trade is cool brokerage from all points of view, I really like it and I trade it since 2018 and there was no single problem. Support service and facebook community can give you almost all info about trading, so you have just ask. However, I catched in situations when oppinions are divided. Some people in Facebook says that Finacom is just regulator and it doesn't compensate nothing, while support service promise that Finacom compensate in any unfair case, so what's right?
Posted on 17 Feb 2020 21:50
Nirajan Pokhrel
I like the way their managers work, always in touch and always able to help with the questions you have, it immediately attracts and creates a good impression of a broker Olymp trade.
Posted on 26 Feb 2020 00:24
Mustafa Toor
With the regulators, everything is well thought out here, and if anything goes wrong, you are guaranteed a fair decision and safety of your money. I've already checked everything ten times, all within the law.
Posted on 6 Mar 2020 21:44
Berny
Please tell me, what if I lose my demo capital, can I recharge my demo account?
Posted on 25 Mar 2020 16:00
Anonymous
Pls help me out am confused..
Posted on 26 Mar 2020 13:39

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