Olymp Trade India - Olymp Trade Review, Deposit and Withdrawal Method

One of the best Fixed Time Trades, Forex and CFD Trading providers in India
  • Olymp Trade India complies with IFSC and FMRRC
  • Free Demo Account – Yes
  • Bonus deposit – Yes
  • Indian traders accepted – Yes
  • Easy funding and withdrawal methods – Yes
  • up to 90% payout on Fixed Time Trades trading
  • Claim your Bonus deposit using promo code 30up
Free Demo AccountOlymp Trade Forex Account

Olymp Trade India Review – Is it legal in India?

Olymp Trade India is one of the leading Online Trading platforms providing Fixed Time, Forex, and CFD trading in India. While trading with Olymp Trade, you can find higher profit on successful trades as compared to other online trading platforms. Fixed Time trade is available for Forex Pairs, Stocks, Commodities, Indexes, and ETFs. CFD trading is also available at a lower spread and with multipliers to leverage your investment. In this Olymp Trade India Review, we will cover the benefits and shortcomings of its trading platform and its services.

Key Features of Olymp Trade

  • Olymp Trade India complies with IFSC and FMRRC
  • Free Demo Account – Yes
  • Bonus deposit – Yes
  • Indian traders accepted – Yes
  • Easy funding and withdrawal methods – Yes
  • up to 90% payout on Fixed Time Trades trading
  • Claim your Bonus deposit using promo code YTAlpha

Olymp Trade India

Olymp Trade India is a leading online financial trading provider in the industry. It complies with the regulations of International Financial Commission. Olymp trade accepts investors from most of the countries including India. They have their own custom-built modern, advanced and most user-friendly trading platform. The trading platform is equally suitable for professional traders and beginners. While trading with Olymp trade you can trade several financial products based on Forex pairs, Commodities and Indices. The payout for Fixed Time Trades trading is up to 90%. You can buy Fixed Time Trades ranging from 1 minute up to 3 hours while trading with Olymp trade. One of the most talked about the asset of 2017 and 2018, BITCOIN is also available for trading. You can find more Fixed Time Trades Brokers accepting Indian traders here.

Olymp Trade India

How to Trade With Olymp Trade in India

  • Register on the platform: Visit the official Olymp Trade website and register. Fill in the required details such as your name, and email address, and create a secure password. Alternatively, you can also sign up using your Google or Facebook account.
  • Verify your account: Verify your account by uploading a copy of your identification document (such as a passport or driver’s license) and a proof of address (utility bill or bank statement). This process is essential to ensure the security and compliance of the platform.
  • Fund your trading account: Olymp Trade offers various payment options such as bank transfers, credit/debit cards, e-wallets, and even cryptocurrencies. Choose the most convenient method for you and follow the instructions to complete the deposit.
  • Explore the platform: Familiarize yourself with the platform’s interface and features. Take your time to browse through the available assets, charts, technical analysis tools, and educational resources.
  • Choose your trading instrument: Olymp Trade offers a wide range of options including stocks, currency pairs, commodities like gold and oil, and cryptocurrencies such as Bitcoin and Ethereum. Analyze the market conditions, study the asset’s performance, and make informed decisions.
  • Set trading parameters: Determine your trading parameters such as the investment amount, duration of the trade, and desired profit or loss levels. You can also make use of various order types including market, limit, and stop-loss orders.
  • Execute trade: Once you have set your trading parameters, click on the “Buy” or “Sell” button to execute the trade. Olymp Trade provides real-time market data, so you can monitor the progress of your trade and make necessary adjustments.
  • Manage trades: Olymp Trade offers tools to track your trades, set stop-loss and take-profit levels, and even provides an option to close the trade before the expiration time if you believe it is necessary.

Olymp Trade Platform Features

  • Free Demo Account: Olymp Trade provides users with a free demo account. This allows them to practice trading without risking real money. This feature is especially beneficial for beginners who want to gain experience and develop their trading skills.
  • Education and Training: The platform offers a comprehensive education section that includes tutorials, webinars, and interactive courses. Traders can access a wide range of educational materials to enhance their knowledge and understanding of trading strategies, market analysis, and risk management.
  • Social Trading: Olymp Trade allows users to engage in social trading. It is where they can follow and copy the trades of successful traders. This feature is ideal for those who are new to trading or want to replicate the strategies of experienced traders.
  • Built-in Analytics: The platform provides users with a range of analytical tools and indicators to help them make informed trading decisions. Traders can access real-time market data, charts, and technical analysis tools to identify trends, patterns, and potential entry or exit points.
  • Quick Withdrawals: Olymp Trade offers fast and hassle-free withdrawal options, allowing traders to access their funds swiftly. The platform supports various payment methods, including credit/debit cards, e-wallets, and bank transfers, ensuring convenient and secure transactions.
  • Mobile App: Olymp Trade has a user-friendly mobile app that enables traders to access the platform on the go. The app provides all the necessary features and tools, allowing users to trade anytime, anywhere, and stay updated with market movements.
  • Multilingual Support: The platform offers customer support in multiple languages, ensuring that traders from different regions can receive assistance in their preferred language. This feature enhances accessibility and helps users overcome language barriers.

Olymp Trade Deposit Options

Olymp Trade offers a variety of deposit options with different processing times to cater to the varying needs of its users.

  • Bank cards, which provide instant processing, allowing users to start trading immediately after the deposit is made.
  • Electronic wallets, such as Skrill and Neteller, also offer instant processing.
  • Cryptocurrencies like Bitcoin, with processing time which usually requires a few minutes.
  • Local banks, which may take longer processing times depending on the country and the specific bank.

Olymp Trade Withdrawal Options

Olymp Trade offers a variety of withdrawal options which includes:

  • Bank cards, which allow users to transfer funds directly to their bank accounts. The processing time for bank card withdrawals is usually around 3-5 business days, depending on the user’s bank.
  • E-wallets are another convenient option, offering faster processing times of approximately 24-72 hours.
  • Cryptocurrencies as a withdrawal method, providing a secure and decentralized way to transfer funds. The processing time for cryptocurrency withdrawals may vary depending on network congestion.
  • Local bank transfers are available in some countries, allowing users to withdraw funds directly to their local bank accounts. The processing time for local bank transfers typically ranges from 1-5 business days. 

Education

Olymp Trade provides comprehensive educational resources for traders in India. These resources help traders of all skill levels enhance their knowledge and improve their trading strategies. The platform offers a variety of educational materials, including video tutorials, webinars, and articles, covering various topics such as technical analysis, risk management, and market news. Traders have easy access to these resources on the Olymp Trade website. The website regularly updates them to ensure that traders have access to the most relevant and up-to-date information.

Customer Support

The dedicated team of professionals at Olymp Trade is readily available to assist and address any concerns or queries that users may have. Users can easily connect with the customer support team for immediate assistance through various channels such as live chat, email, and phone. Olymp Trade’s customer support team is known for being friendly, knowledgeable, and efficient in providing timely solutions. To ensure that users have a seamless trading experience on their platform, they strive to offer prompt and reliable support whenever needed.

Is Olymp Trade Legal in India?

Olymp Trade is a legitimate firm authorized to provide financial trading services. It is legal to trade with Olymp trade in India. Olymp Trade has its registered address at James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines. It complies with International Financial Commission which guarantees up to €20,000 indemnification amount to the traders. Membership as a “Category A Broker” in FinaCom is the honor granted only to reliable and honest companies that have consistently demonstrated the high quality of their services.

Olymp Trade In India

Is Olymp Trade a Trustworthy Trading Platform in India?

Traders widely regard Olymp Trade as a trustworthy trading platform in India. It has gained popularity among traders due to its user-friendly interface, reliable customer support, and transparent trading practices. The International Financial Commission (IFC) regulates the platform, ensuring that it adheres to strict standards and guidelines.

Additionally, Olymp Trade offers a wide range of financial instruments for trading, including stocks, cryptocurrencies, commodities, and forex. It also provides educational resources and demo accounts for beginners to learn and practice trading strategies. Overall, traders in India consider Olymp Trade a reputable and reliable platform.

Conclusion

In conclusion, Olymp Trade has emerged as a popular and trusted online trading platform in India. With its user-friendly interface, extensive range of trading instruments, and commitment to providing a secure and transparent trading environment, Olymp Trade has attracted a large number of traders in the country. The platform’s educational resources and demo account feature have also played a significant role in empowering new and aspiring traders to learn and practice their skills effectively. Moreover, the availability of localized customer support and the acceptance of the Indian Rupee as a trading currency have further enhanced the accessibility and convenience for Indian traders. Overall, Olymp Trade’s presence in India has undoubtedly contributed to the growth and development of the online trading industry in the country.