The history of Olymp Trade begins in September 2014 – in just a few years, it has become one of the leaders in the option trading market. The platform was originally created specifically for the Russian consumer but is successfully developing in many countries. Moreover, each trader has the opportunity to receive support and answers to all questions in Russian.

They are currently licensed and regulated by FinaCom PLC. The platform is certified by the International Finance Commission. The organization also guarantees insurance coverage of up to $ 20,000 for each transaction in the event of the resolution of a dispute between a trader and a company in favor of the first, subject to the availability of Olymp Trade category “A” membership in FinaCom.

Options Trading Options

The main feature is that the platform offers only one option, namely Call-Put. There are no other types of contracts, such as One Touch. As for the expiration dates for options, the maximum period is an hour, and the minimum is one minute. That is, it offers excellent opportunities for those who play on a small scale, but for those who want to use fundamental analysis, there are practically no chances for Olympus.

Types of underlying assets at Olymp Trade

The operator has a wide selection of underlying assets:

  • 34 currency pairs;
  • 13 stock exchange shares;
  • 12 crypto assets;
  • 10 indices;
  • 6 commodity assets.

An interesting solution to Olymp Trade is the Random asset, which changes in price unpredictably, but at the same time, it can also be traded, even on weekends. The use of such an asset, again, is more interesting for beginners than for serious traders.

Deposit and withdraw money

If you decide to replenish the deposit in dollars, the amount will be a little more, 10 dollars per account, and 1 US dollar is the minimum rate. This is a very low level of requirements. The company does not charge a commission for withdrawing funds.

The organization guarantees insurance coverage of up to $ 20,000 for each transaction in the event of a dispute between a trader and an online trading platform in favor of the first, subject to the availability of Olymp Trade category “A” membership in FinaCom.

It is proposed to use bank cards and payment systems Qiwi and YandexMoney, WebMoney, ePayments, Neteller, Skrill to replenish and withdraw. Remember that the withdrawal of funds is carried out exclusively on the same electronic wallet or card with which you replenish your account. This rule allows the company to guarantee the security of payments and protect the funds of traders from fraudsters.