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UK Forex
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.
Overall, Olymp Trade is very competitive in terms of its trading fees and spreads. Their spreads are low compared to other regulated brokers, and there are no hidden trading fees. Olymp Trade is headquartered in St. Vincent & the Grenadines.
Broker’s Name
Olymp Trade
Overall Rating
4.2/5
Headquartered
St. Vincent and the Grenadines
Year Founded
2014
Regulators
International Financial Commission (FinaCom)
Countries not accepted for trade
United States and United Kingdom
Islamic Account (Swap Free)
No
UK Forex
Demo Account
Yes
Crypto
Yes
Trading Fees
Low
Account Activation Time
Less than 24 Hours
Bonus Type
No sign-up bonus
Maximum Leverage
1:500
Minimum Deposit
$10
Deposit Options
UK Forex
Withdrawal Options
Platform Types
Olymp Trade Platform
OS Compatibility
Web browsers, Android, iOS
Tradable assets offered
Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies
Base Currency
USD/EUR
Languages supported on Website
English, Chinese, Portuguese, Spanish, French, Filipino, Russian, Malaysian, Indonesian, Turkish, Vietnamese, Arabian, Hindi, Thai, and more
UK Forex
Customer Service Hours
24/7
Good for Beginners
Good for Experts
Copy Trading
Bonuses
Regulations and Safety
Low Spread
Low Commissions
Negative Balance
Protection
$10 Minimum
Deposit
Unlimited
Leverage
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. It is important that you do not trade any money that you can’t afford to lose because regardless of how much research you have done, or how confident you are in your trade, there will always be a risk of loss.
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