How to Open Account and Withdraw from Olymp Trade

How to Open an Account on Olymp Trade

How to Open an Olymp Trade Account via Email?

Signing up for an Olymp Trade account via email is a straightforward process. Follow these step-by-step instructions to create your account and start your trading journey.
 

Step 1: Visit the Olymp Trade website

The first step is to visit the Olymp Trade website. You will see a blue button that says "Registration". Click on it and you will be redirected to the registration form.

Step 2: Fill in the registration form
 

1. Enter your email address in the provided field.
2. Create a secure password adhering to the platform’s password requirements.
3. After filling in the form, Click the "Register" button.

Step 3: Access your trading account

You will get $10,000 in your demo balance and you can use it to trade any asset on the platform. Olymp Trade offers a demo account to its users to help them practice trading and get familiar with the platform’s features without risking real money. They are an excellent tool for beginners and experienced traders alike and can help you improve your trading skills before moving on to trading with real money.

Once you build confidence in your skills, you can easily switch to a real trading account by clicking the "Real account". Switching to a real trading account and depositing money on Olymp Trade is an exciting and rewarding step in your trading journey.

Congratulations! You have successfully registered an Olymp Trade account. You can now explore the platform and use the various features and tools to improve your trading skills and results.

How to Open an Olymp Trade Account using Google, Facebook, Apple ID

You can also sign up for Olymp Trade with your Apple, Google, or Facebook account. Follow these steps to register your Olymp Trade account effortlessly through your preferred social media account.

1. Choose the social media option available, such as Facebook, Google, or Apple ID.
2. You will be redirected to the login page of your chosen platform. Enter your credentials and authorize Olymp Trade to access your basic information.

Once you’ve authorized access, Olymp Trade will create your account using the information from your linked social media profile. Take some time to familiarize yourself with the platform, explore features, and consider practicing with a demo account before trading with real funds.

Features and Benefits of Olymp Trade

Olymp Trade offers a range of features and benefits to its users, making it a popular choice among traders worldwide. Below are some key features and benefits of having a trading account with Olymp Trade:

• Regulated and Secure: Olymp Trade is a licensed and regulated broker by the Vanuatu Financial Services Commission (VFSC). Olymp Trade is committed to providing the highest quality of service. Ensuring a certain level of reliability and security for traders’ money and personal information.
• User-Friendly Platform: Olymp Trade provides a user-friendly and intuitive trading platform that caters to both beginner and experienced traders. The platform’s simple layout and navigation make it easy to execute trades and access essential trading tools.
• Demo Account: Olymp Trade offers a risk-free demo account with virtual money, allowing new users to practice trading strategies and become familiar with the platform’s features before risking real money.
• Multiple Financial Instruments: Traders on Olymp Trade have access to a diverse range of financial instruments, including Forex currency pairs, Cryptocurrencies, Commodities, Metals, Stocks, Indices, and more. This diverse selection allows traders to explore various markets and diversify their portfolios.
• Low Minimum Deposit: The platform has a low minimum deposit requirement, making it accessible to traders with different budget sizes. This feature is beneficial for beginners who want to start trading with a modest initial investment.
• Fast Deposits and Withdrawals: The platform supports various payment methods, ensuring quick processing of deposits. Moreover, Olymp Trade guarantees prompt and secure withdrawals, delivering a seamless and hassle-free trading experience.
• Educational Resources: Olymp Trade provides an extensive educational section encompassing articles, video tutorials, webinars, and interactive courses. This valuable resource helps traders enhance their knowledge and improve their trading skills.
• Mobile Trading: Traders can access the Olymp Trade platform on different devices, such as smartphones and tablets, via dedicated mobile apps. This capability empowers traders to stay connected and execute trades conveniently while on the move.

• Technical Analysis Tools: Traders can access a wide range of technical analysis tools and indicators directly on the platform. These tools assist traders in analyzing price movements and making well-informed trading decisions.
• Dedicated Customer Support: Olymp Trade offers 24/7 responsive customer support, providing traders with the convenience of seeking assistance for any platform-related issues or trading inquiries at any time.

How to make a Withdrawal on Olymp Trade

Olymp Trade Withdrawal Payment Methods

You can only withdraw money to your payment method. If you have made a deposit using 2 payment methods, a withdrawal to each of them should be proportional to the payment amounts. We will explore some of the most popular and convenient options for withdrawing money from Olymp Trade.

Bank Cards

One of the most common withdrawal methods on Olymp Trade is through bank cards, such as Visa and MasterCard. This method is widely used due to its convenience and accessibility. The processing time can take from 1 to 12 hours to credit money to your bank card.

Electronic Payment Systems

E-wallets like Skrill, Neteller, and Perfect Money are another popular withdrawal option on Olymp Trade. E-wallets offer fast and secure transactions, making them a preferred choice for many traders.

Cryptocurrencies

For traders who prefer cryptocurrencies, Olymp Trade also offers withdrawal options in popular digital currencies like Bitcoin, Ethereum, TRX, and more.

Internet Banking

Some traders may prefer direct bank transfers through internet banking services. It is a safe and reliable way to withdraw your money from Olymp Trade, as it does not involve any third-party intermediaries or online platforms that might pose security risks.

Olymp Trade withdrawal payment methods are diverse and flexible, allowing you to choose the one that suits your needs and preferences.

How to Withdraw Money from Olymp Trade: A Step-by-Step Guide?

Step 1: Log in to your Olymp Trade account and click on the "Payments" button on the top right corner of the screen. You will see your balance and the available payment methods for withdrawal.

Step 2: Choose the payment method that suits you best. Olymp Trade supports various payment options, such as bank cards, bank transfers, crypto, and e-wallets. You can only withdraw to the same payment method that you used to deposit. For example, if you deposited with a Mastercard, you can only withdraw to a Mastercard.

Step 3: Depending on your chosen withdrawal method, you will be prompted to provide relevant information. For bank transfers, you may need to input your bank account details, including the account number and routing information. E-wallet withdrawals may require the email address associated with your e-wallet account. Follow the instructions provided by Olymp Trade and accurately enter the requested details.

Enter the specific amount of money you wish to withdraw from your Olymp Trade account. Ensure that the requested amount does not exceed your available balance.

Step 4: You will see a confirmation message.

You can also check the status of your withdrawal request in the "Transaction History" section.

Step 5: Receive your money in your chosen payment method. Depending on the payment method and your bank, it may take from a few minutes to 24 hours for the money to arrive in your account. You can contact Olymp Trade’s customer support if you have any questions or issues regarding your withdrawal.

That’s it! You have successfully withdrawn your money from Olymp Trade.

What is the Minimum Withdrawal limit on Olymp Trade?

The minimum withdrawal limit is set at $10/€10 or the equivalent of $10 in your account currency.

Is Documentation Required for Money Withdrawals on Olymp Trade?

There’s no need to provide anything in advance, you will only have to upload documents upon request. This procedure provides additional security for the money in your deposit.
If your account needs to be verified, you will receive an instruction on how to do it by email.
 

How long does Olymp Trade Withdrawal take?

It usually takes payment providers from a few minutes to 24 hours to credit money to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.
If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]

Withdrawal Fees on Olymp Trade

Typically, Olymp Trade does not impose withdrawal fees; however, they may apply under certain conditions.

1. All USDT accounts are subject to withdrawal commissions.

2. A commission is charged when you withdraw money using a cryptocurrency payment method

3. Traders who deposit and withdraw and/or use duplicate trading accounts without trading could be subject to commissions in accordance with the Non-trading Transactions Regulation and KYC/AML Policy.

Conclusion: Secure Account Opening and Withdrawals on Olymp Trade

The process of opening an account on Olymp Trade and initiating withdrawals is the foundation of your financial journey on this platform. Carefully following the steps to create an account and safely withdrawing funds ensures a secure and empowering experience.