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Abstract:Olymp Trade provides a free demo account loaded with $10,000 virtual funds. However, there is no public information regarding live account types, maximum leverage, or availability of Islamic accounts. The broker does not offer MT4/MT5, ECN, or PAMM accounts.
The limited account detail raises transparency concerns, especially for traders needing to compare spread, execution model, and margin requirements before trading real money.
Account Type | Minimum Deposit | Leverage | Spread from | Commission | Demo | Islamic |
Standard | / | / | / | None | ✔ | / |
Olymp Trade claims to be commission-free. It does not disclose information about minimum spreads, swap charges, or bonuses. While this may sound attractive, the absence of detailed fee transparency could hide implicit costs in spread or execution slippage.
Traders should test using the demo account and confirm fee structures directly with support before committing capital.
Minimum Spread | Commission | Swap | Bonus |
/ | None | / | / |
📌 For deposit and withdrawal fees, please refer to the Deposit & Withdrawal section.
Q1: Does Olymp Trade charge commissions?
A1: No, Olymp Trade states it offers commission-free trading.
Q2: Are the spreads low on Olymp Trade?
A2: The platform does not disclose spread details. Users must check live prices manually.
Q3: Does Olymp Trade offer a demo account?
A3: Yes, Olymp Trade offers a free demo account with $10,000 in virtual funds.
Q4: Does Olymp Trade provide ECN or PAMM accounts?
A4: No, such advanced account types are not offered.
Q5: Is there an Islamic account on Olymp Trade?
A5: Olymp Trade has not published any information about Islamic accounts.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.