Olympus Markets Review 2020
Olympus Markets is an online trading broker that serves traders around the globe, giving them access to trade over 200 financial instruments via their proprietary trading platform that is available in web and mobile versions.
Olympus Markets Review 2020, Pros & Cons
- Proprietary trading platform
- Trading academy
- Different account types
- Multiple financial instruments
- Unregulated broker
- Located offshore
- No US clients
- No MetaTrader platforms
In this detailed Olympus Markets team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Olympus Markets is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Olympus Markets.
Olympus Markets Review: Summary
Olympus Markets is an online financial services provider that allows traders to trade over 200 assets, including CFDs, forex, stocks, indices, commodities, and cryptocurrencies. They offer multiple trading account options with very low spreads and high leverage.
The broker has won several industry awards over the years, such as the Fastest Trading Platform 2017, Best Forex Service Provider 2017, Best New Broker 2014, and many more.
Olympus Markets Review: Regulation
The broker is not regulated. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our best trading brokers for alternative regulated brokers.
Olympus Markets Review: Countries
Olympus Markets does not offer all available services to residents of certain jurisdictions, including but not limited to the United States of America.
Some Olympus Markets features and products mentioned within this Olympus Markets review may not be available to traders from certain countries because of legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Olympus Markets Review: Trading Platforms
The broker provides clients with its proprietary Olympus Markets trading platform. It is fast, user-friendly, fully customizable, and super easy-to-use. The platform offers a range of advanced features and functions, such as one-click trading, forex simplified tab, interactive charts with 9 timeframes, and free technical indicators, amongst other features. It is available as a web-based platform and a mobile app that is compatible with Android and iOS devices.
Olympus Markets Review: Trading Tools
There are no well-defined standalone trading tools on the broker’s website at the moment.
Olympus Markets Review: Education
The broker’s website features a Trading Academy, which offers a Trading Mentor to guide traders in making trading decisions. There is also a well-organized FAQ section that gives answers to the most common questions traders may have.
Olympus Markets Review: Trading Instruments
Olympus Markets offers over 200 assets, including CFDs, forex, stocks, indices, commodities, and cryptocurrencies for trading online.
Olympus Markets Review: Trading Accounts & Fees
The broker offers seven different trading account types to their registered clients. The account types include Ruby, Emerald, Sapphire, Diamond, Islamic Sapphire, Islamic Diamond, and Jade Accounts. Each account type has a maximum leverage of 1:500 and a range of customized features. Demo accounts that are preloaded with $10,000 in virtual funds are also provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Olympus Markets review. It is imperative to ensure that you check and understand all of the latest information before you open an Olympus Markets broker account for online trading.
Olympus Markets Review: Customer Service
The broker offers a 24/6 customer support that can be reached via telephone, email, Live Chat, and social media.
Olympus Markets Review: Deposit & Withdrawal
The broker accepts the following payment methods:
- Bank wire transfer
- Credit/Debit Cards — including Visa, MasterCard, Discover, and American Express.
- Online Payment Processors — such as Neteller, Bay, and more.
Olympus Markets Review: Account Opening
If you want to open an account with Olympus Markets, simply click on the ‘Open Account’ icon and proceed to fill in your details in the spaces provided; then, submit and await approval.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Olympus Markets Review: Conclusion
Olympus Markets is an online trading broker that gives traders access to online trading of multiple financial instruments via their proprietary trading platform. They offer multiple account options with very low speeds and a leverage of up to 1:500.
Online trading involves significant risks. It is possible to lose your initial investment, particularly if a trader chooses to place his entire investment into a single live trade.