How to Open Account and Withdraw Money at Olymp Trade
How to Open Account at Olymp Trade
How to Open Account with an Email
1. You can sign up for an account on the platform by clicking the “Registration” button in the upper right corner.
2. To sign-up you need to fill in all the necessary information and click "Register" button
- Enter a valid email address.
- Create a strong password.
- Choose the account currency: (EUR or USD)
- You also need to agree to the service agreement and confirm that you are of legal age (over 18).
Congratulation! You have registered successfully. Firstly, We’ll help you take your first steps on our online trading platform, click "Start Training" to take a quick view of Olymp Trade, If you know how to use Olymp Trade, click "X" in upper right corner.
Now you are able to start trading, you have $10,000 in Demo account. A Demo account is a tool for you to get familiar with the platform, practice your trading skills on different assets and try out new mechanics on a real-time chart without risks.
You can also trade on a real account after depositing by clicking on the live account that you want to top up (in the "Accounts" menu),
Pick the "Deposit" option, and then choose the amount and the method of payment.
To start Live trading you have to make an investment in your account (The minimum deposit amount is 10 USD/EUR).
How to make a Deposit in Olymp Trade
Finally, you access your email, Olymp Trade will send you a confirmation mail. Click "Confirm Email" button in that mail to activate your account. So, you will finish registering and activating your account.
How to Open Account with a Facebook account
Also, you have an option to open your account by Facebook account and you can do that in just few simple steps:1. Click on Facebook button
2. Facebook login window will be opened, where you will need to enter your email address that you used to register in Facebook
3. Enter the password from your Facebook account
4. Click on “Log In”
Once you’ve clicked on the “Log in” button, Olymp Trade is requesting access to: Your name and profile picture and email address. Click Continue...
After that you will be automatically redirected to the Olymp Trade platform.
How to Open Account with a Google account
1. To sign up with a Google account, click on the corresponding button in the registration form.
2. In the newly opened window enter your phone number or email and click "Next".
3. Then enter the password for your Google account and click “Next”.
After that, follow the instructions sent from the service to your email address.
How to Open Account with a Apple ID
1. To sign up with a Apple ID, click on the corresponding button in the registration form.
2. In the newly opened window enter your Apple ID and click "Next".
3. Then enter the password for your Apple ID and click “Next”.
After that, follow the instructions sent from the service and you can start trading with Olymp Trade
Open Account on Olymp Trade iOS App
If you have an iOS mobile device you will need to download the official Olymp Trade mobile app from App Store or here. Simply search for “Olymp Trade - Online Trading” app and download it on your iPhone or iPad.The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds. Moreover, Olymp Trade trading app for iOS is considered to be the best app for online trading. Thus, it has a high rating in the store.
Now you can sign up via email
Registration for the iOS mobile platform is also available for you.
- Enter a valid email address.
- Create a strong password.
- Choose the account currency (EUR or USD)
- You also need to agree to the service agreement and confirm that you are of legal age (over 18).
- Click "Register" button
Congratulation! You have registered successfully. Now you have $10,000 in Demo Account.
In case of social registration click on “Apple” or “Facebook” or “Google”.
Open Account on Olymp Trade Android App
If you have an Android mobile device you will need to download the official Olymp Trade mobile app from Google Play or here. Simply search for “Olymp Trade - App For Trading” app and download it on your device.The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds. Moreover, Olymp Trade trading app for Android is considered to be the best app for online trading. Thus, it has a high rating in the store.
Now you can sign up via email
Registration for the Android mobile platform is also available for you.
- Enter a valid email address.
- Create a strong password.
- Choose the account currency (EUR or USD)
- You also need to agree to the service agreement and confirm that you are of legal age (over 18).
- Click "Sign up" button
Congratulation! You have registered successfully. Now you have $10,000 in Demo Account.
In case of social registration click on “Facebook” or “Google”.
Open Olymp Trade account on Mobile Web Version
If you want to trade on the mobile web version of Olymp Trade trading platform, you can easily do it. Initially, open up your browser on your mobile device. After that, search for “olymptrade.com” and visit the official website of the broker.Click "Registration" button in the upper right corner.
At this step we still enter the data: email, password, check "Service Agreement" and click "Register" button.
Here you are! Now you will be able to trade from the mobile web version of the platform. The mobile web version of the trading platform is exactly the same as a regular web version of it. Consequently, there won’t be any problems with trading and transferring funds.
You have $10,000 in Demo Account.
In case of social registration click on “Apple” or “Facebook” or “Google”.
Frequently Asked Questions (FAQ)
What are multi accounts?
Multi-Accounts is a feature that allows traders to have up to 5 interconnected live accounts on Olymp Trade. During the creation of your account, youll be able to choose among available currencies, like USD, EUR, or some local currencies.
You will have a full control over those accounts, so you are free to decide on how to use them. One could become a place where you keep the profits from your trades, another can be dedicated to a specific mode or strategy. You can also rename these accounts and archive them.
Please note that account in Multi-Accounts are not equal to your Trading Account (Trader ID). You can only have one Trading Account (Trader ID), but up to 5 different live accounts connected to it to store your money.
How to Create a Trading Account in Multi-Accounts
To create another live account, you need to:
1. Go to the "Accounts" menu;
2. Click on the "+" button;
3. Choose the currency;
4. Write the new accounts name.
Thats it, youve got a new account.
Bonuses Multi-Accounts: How It Works
If you have multiple live accounts while receiving a bonus, then it will be sent to the account that you are depositing funds to.
During the transfer between the trading accounts, a proportional amount of bonus money will be automatically sent alongside the live currency. So, if you, for example, have $100 in real money and a $30 bonus on one account and decide to transfer $50 to another, $15 bonus money will be transferred as well.
How to Archive Your Account
If you wish to archive one of your live accounts, please ensure that it satisfies the following criteria:
1. It contains no funds.
2. There are no open trades with money on this account.
3. It is not the last live account.
If everything is in order, you will be able to archive it.
You still the ability to look through that accounts history even after archivation, as the trade history and financial history are available via the users Profile.
What Is a Segregated Account?
When you deposit funds onto the platform, they are transferred directly to a segregated account. A segregated account is essentially an account that belongs to our company but is separate from the account that stores its operational funds.
We use only our own working capital to support our activities such as product development and maintenance, hedging, as well as business and innovative activities.
Advantages of a Segregate Account
Using a segregated account to store our clients’ funds, we maximize transparency, provide the platform users with uninterrupted access to their funds, and protect them from possible risks. Although this is unlikely to happen, if the company went bankrupt, your money would be 100% safe and can be refunded.
How Can I Change the Account Currency
You can only select the account currency once. It cannot be changed over time.
You can create a new account with a new email and select the desired currency.
If you have created a new account, contact support to block the old one.
According to our policy, a trader can only have one account.
How to Withdraw Money at Olymp Trade
The Olymp Trade platform strives to meet the highest quality standards of carrying out financial transactions. What is more, we keep them simple and transparent.The funds withdrawal rate has increased tenfold since the company was founded. Today, more than 90% of requests are processed during one trading day.
However, traders often have questions about the funds withdrawal process: which payment systems are available in their region or how they can speed up the withdrawal.
For this article, we collected the most frequently asked questions.
What Payment Methods Can I Withdraw Funds To?
You can only withdraw funds 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.
Do I Need to Provide Documents to Withdraw Funds?
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 funds in your deposit.If your account needs to be verified, you will receive an instruction on how to do it by email.
How do I Withdraw Money
Withdrawal using Mobile Device
Go to your platform user account and select "More"
Select "Withdraw".
It will lead you to a special section on the Olymp Trade website.
In the “Available for withdrawal” block you will find the information about how much you can withdraw.
Select the amount. The minimum withdrawal amount is $10/€10/R$50, but it may vary for different payment systems. Click “Send a Request”
Wait a few seconds, you will see your request.
Check your payment in Transactions
Withdrawal using Desktop
Go to your platform user account and click "Payments" button
Select “Withdraw”.
It will lead you to a special section on the Olymp Trade website.
In the “Available for withdrawal” block you will find the information about how much you can withdraw.
Select the amount. The minimum withdrawal amount is $10/€10/R$50, but it may vary for different payment systems. Click “Send a Request”.
Wait a few seconds, you will see your payment.
Frequently Asked Questions (FAQ)
What Should I Do If the Bank Rejects My Withdrawal Request?
Don’t worry, we can see that your request has been rejected. Unfortunately, the bank doesn’t provide the reason for the rejection. We will send you an email describing what to do in this case.
Why Do I Receive the Requested Amount in Parts?
This situation may arise because of the payment systems’ operational features.You have requested a withdrawal, and you only got part of the requested amount transferred to your card or e-wallet. The withdrawal request status is still “In process”.
Don’t worry. Some banks and payment systems have restrictions on the maximum payout, so a larger amount can be credited to the account in smaller parts.
You will receive the requested amount in full, but the funds will be transferred in a few steps.
Please note: you can only make a new withdrawal request after the previous one has been processed. One cannot make several withdrawal requests at once.
Funds Withdrawal Cancellation
It takes some time to process a withdrawal request. The funds for trading will be available within this entire period.However, if you have less funds in your account than you have requested to withdraw, the withdrawal request will be cancelled automatically.
Besides, сlients themselves can cancel withdrawal requestes by going to the "Transactions" menu of the user account and cancelling the request.
How Long Do You Process Withdrawal Requests
We are doing our best to process all our clients requests as fast as possible. However, it may take from 2 to 5 business days to withdraw the funds. The duration of the request processing depends on the payment method you use.
When Are the Funds Debited from the Account?
Funds are debited from the trading account once a withdrawal request is processed.If your withdrawal request is being processed in parts, the funds will be also debited from your account in parts.
Why Do You Credit a Deposit Straight off but Take Time to Process a Withdrawal?
When you top up, we process the request and credit the funds to your account straight off.Your withdrawal request is processed by the platform and your bank or payment system. It takes more time to complete the request due to an increase of counterparties in the chain. Besides, each payment system has own withdrawal processing period.
On average, funds are credited to a bank card within 2 business days. However, it may take some banks up to 30 days to transfer the funds.
E-wallet holders receive the money once the request is processed by the platform.
Don’t worry if you see the status saying “Payout has been successfully made” in your account but you haven’t received your funds.
It means that we have sent the funds and the withdrawal request is now processed by your bank or payment system. The speed of this process is out of our control.
How Do I Withdraw Funds to 2 Payment Methods
If you topped up with two payment methods, the amount of the deposit you want to withdraw should be proportionally distributed and sent out to these sources.For example, a trader has deposited $40 in their account with a bank card. Later, the trader made a deposit of $100 using the Neteller e-wallet. After that, he or she increased the account balance to $300. This is how the deposited $140 can be withdrawn: $40 should be sent to the bank card $100 should be sent to the Neteller e-wallet Please note that this rule applies only to the amount of funds one has deposited. The profits can be withdrawn to any payment method without restrictions.
Please note that this rule applies only to the amount of funds one has deposited. The profits can be withdrawn to any payment method without restrictions.
We have introduced this rule because as a financial institution, we must comply with international legal regulations. According to these regulations, a withdrawal amount to 2 and more payment methods should be proportional to the deposit amounts made with these methods.
