01 - Who is Olymp Trade, really?
Olymp Trade is a legit, international online trading brand founded in 2014 and operating through entities registered in St. Vincent & the Grenadines, Vanuatu, and Mauritius. The company launched as a binary options and forex broker focused on emerging markets - Africa, Asia, Latin America - and has since expanded to offer 100-190+ instruments across forex, stocks, cryptocurrencies, commodities, and indices.
What most Kenyan readers don't realise is that Olymp Trade operates through multiple legal entities depending on your jurisdiction. Kenyan clients are typically onboarded to the St. Vincent entity, which holds a VFSC (Vanuatu Financial Services Commission) license and is a member of The Financial Commission - a private dispute resolution body with a €20,000 compensation fund per client.
This is better than some offshore brokers (like Binomo, which only has FMRRC membership), but it's not the same as having a CySEC, FCA, or ASIC license. The Financial Commission can mediate disputes and pay out from its compensation fund if Olymp Trade fails to honor a legitimate claim - but it cannot fine the broker, revoke licenses, or conduct the kind of oversight that government regulators provide.
Over the past six years at Kenya Forex Firm, I have personally opened and funded accounts with more than 60 offshore brokers. Olymp Trade is one of the handful that has survived multiple re-tests, which tells you something about its operational durability - even if its regulatory architecture remains thin by EU/UK standards.
02 - Regulation & the Financial Commission truth
Let's put the regulatory picture on the table in plain English, because this is where most Olymp Trade reviews go wrong.
The VFSC license and Financial Commission membership
Olymp Trade holds a Forex Trading License (EP) from the Vanuatu Financial Services Commission (VFSC) under the entity Aollikus Limited. Vanuatu is a legitimate offshore jurisdiction, but its regulatory standards are far below those of CySEC (Cyprus), FCA (UK), or ASIC (Australia). The VFSC requires minimal capital, limited reporting, and provides no investor compensation if the broker fails.
Where Olymp Trade differentiates itself from competitors like Binomo is its membership in The Financial Commission. This is an independent dispute resolution organization based in Belize. If you have a legitimate dispute with Olymp Trade that the broker refuses to resolve, you can escalate it to The Financial Commission. If they rule in your favor and Olymp Trade still doesn't pay, The Financial Commission's compensation fund can pay you up to €20,000 per claim.
This is genuinely valuable - it's more protection than most offshore brokers offer - but it's critical to understand that The Financial Commission is not a government regulator. It cannot conduct audits, impose fines, or revoke Olymp Trade's license. It's a private dispute body with a compensation fund, nothing more.
"I have watched Kenyan traders quote Financial Commission membership as if it were equivalent to CySEC or FCA regulation. It is not. The Financial Commission provides dispute resolution and a compensation fund - valuable, yes - but it cannot conduct regulatory oversight, impose fines, or protect you the way a government regulator can."- Patrick Mahinge, in a 2024 Kenya Forex Firm editorial
What about Kenya's Capital Markets Authority (CMA)?
The CMA has no licensing regime for binary options. No broker offering binaries to Kenyan clients holds a CMA licence for that product, Olymp Trade included. The CMA has repeatedly warned the public against unlicensed online trading platforms. Trading with an offshore broker is not itself a criminal offence for an individual, but if the broker freezes your funds or disappears, no Kenyan authority can recover your money.
My honest recommendation: treat Olymp Trade as an offshore broker with limited regulatory protection for Kenya. It's better than fully unregulated brokers, but it's not the same as trading with a CySEC or FCA-regulated entity. Size your positions accordingly - never risk money you cannot afford to lose entirely - and keep your balance lean enough that a worst-case scenario does not change your life.
03 - Account types explained
Olymp Trade offers three account types. Here is what each one actually does in practice, not what the marketing page claims.
Demo account - the one you should open first
Every new visitor gets a free demo account loaded with $10,000 in virtual funds. There is no time limit, the balance can be refilled as often as you like, and - critically - the demo gives you access to all 100+ instruments and every platform feature. The demo runs on real market prices, so fills, spreads and slippage behave like the live account.
I spent the first 12 days of my audit exclusively on the demo before depositing real money. That discipline saved me from two strategies that looked great on paper but fell apart under live execution conditions. If you are reading this review, do the same.
Standard account - the default live account
Opens with a $10 minimum deposit (about KES 1,293 at the 2026 reference rate of 1 USD = KES 129.30). You get access to all instruments, standard payouts (up to 80%), and the full platform suite. There are no monthly fees, no inactivity fees, and no account-maintenance charges of any kind. This is the account 90% of Kenyan traders will use.
VIP account - for serious volume
Unlocks once you meet certain deposit and trading volume thresholds (Olymp Trade doesn't publish the exact requirements publicly, but based on my testing, it's typically around $1,000 in total deposits plus active trading). VIP status brings a personal account manager, faster withdrawal processing, priority support, access to exclusive webinars, and - critically - higher payouts up to 90% on most instruments.
The VIP tier is where Olymp Trade's economics start to make sense for the broker. The higher payouts are real, but they come with the expectation that you will trade larger volumes. If you are not planning to deposit $1,000+ and trade actively, the Standard account is fine.
Start with the free demo - no deposit required
Practice on real market prices with $10,000 virtual funds. No credit card, no M-Pesa, no risk.
04 - Registration & KYC - what I went through
Signing up took me on Olymp Trade under four minutes. The form asks for email, password, currency (USD recommended for Kenyan traders to avoid conversion fees), and country. You land immediately on the platform with a demo account. No credit card, no ID, no friction.
The friction comes later. Before you can withdraw - and in my experience, before some deposit methods unlock - you must complete KYC verification. This means uploading:
- A government-issued photo ID (Kenyan national ID, passport, or driving permit)
- Proof of address (utility bill, bank statement, or Safaricom statement dated within the last three months)
Olymp Trade approved my verification documents in 22 hours. Two colleagues in the audit took 28 and 36 hours respectively. The variance seems to depend on document quality - blurry photos get bounced. Use good lighting, all four corners visible, and a colour scan rather than a phone photo of a printed document if you can.
My suggestion: complete KYC the moment you sign up, even before you deposit. When you eventually want to withdraw - especially your first withdrawal - you do not want to be waiting on document review while your profits sit in limbo.
05 - Olymp Trade Deposits & M-Pesa - how my KES 22,000 got in
Olymp Trade does not offer direct M-Pesa integration. Deposits from Kenya are processed through third-party payment agents listed inside the official Olymp Trade cashier. This is a critical distinction: you must only ever send money to the agent details shown inside your own Olymp Trade account. Never send money to an M-Pesa number shared via WhatsApp, Telegram, or email - those are scammers impersonating Olymp Trade.
My actual deposit journey
I deposited KES 22,000 in two tranches:
- Tranche 1 - KES 11,000 (~$85) via M-Pesa payment agent. The agent Paybill appeared inside the Olymp Trade cashier. I sent from my registered Safaricom line, entered the M-Pesa confirmation code (the "SHJ..." reference) into the Olymp Trade confirmation box, and the funds appeared in my trading balance in 8 minutes.
- Tranche 2 - KES 11,000 (~$85) via Visa card. Processed instantly, no fees.
Both deposits were fee-free. The M-Pesa route is the most convenient for Kenyan traders, but the card route is faster if you have a debit or credit card you are comfortable using online.
Other Olymp Trade deposit methods available in Kenya
- M-Pesa via payment agent - 8 minutes in our test, no fee
- Visa / Mastercard - instant, no fee
- Bank wire transfer - 1-3 business days, possible correspondent bank fees
- Cryptocurrency (BTC, ETH, LTC, USDT) - 10-60 minutes depending on network congestion
- Skrill, Neteller, Perfect Money - e-wallet options, instant
Fund your account from KES 1,293
Minimum deposit $10 via M-Pesa agent, card, crypto or wire. First step: open the free demo.
06 - Olymp Trade Withdrawals, timed end-to-end
This is the section I care about most, because a binary options broker that pays in fast but pays out slow is a loan shark wearing a trading costume. Here is what actually happened during my 50-day audit:
Both M-Pesa withdrawals cleared into my Safaricom wallet without issues. Olymp Trade claims that approximately 70% of withdrawals are processed within 1 hour, and my tests confirmed this - the 45-minute withdrawal was typical. The 2.5-hour withdrawal landed on a Friday evening and took longer because the agent processing slowed over the weekend. This is typical of agent-based rails - they are not 24/7 like direct integrations.
Important Olymp Trade withdrawal rules
- Zero withdrawal fees. Unlike IQ Option's 2% fee after the first free monthly withdrawal, Olymp Trade charges nothing on withdrawals regardless of method or frequency. This is genuinely generous.
- Withdrawals go back to the deposit method. If you deposited via M-Pesa, your withdrawal goes to M-Pesa. If via card, it goes back to the card. This is an anti-money-laundering requirement, not Olymp Trade being difficult.
- Minimum withdrawal is $10. Anything below this will be rejected.
- Bonus money has turnover requirements. If you accepted a deposit bonus, you must trade a certain volume before withdrawing the bonus portion. Read the bonus terms carefully.
- VIP accounts get priority processing. Withdrawals for VIP accounts are typically processed faster than Standard accounts.
My suggestion: Olymp Trade's zero-fee withdrawal policy is genuinely generous - take advantage of it. Withdraw profits regularly rather than letting them compound in your account. The broker's financial health is not your concern; your capital is.
07 - Olymp Trade Trading platforms - where you will actually spend your time
Olymp Trade offers three ways to trade. I used all three during the audit. Here is the honest ranking.
1. Web platform - the best one
The browser-based platform at olymptrade.com is the one I spent 70% of my audit time on. It is fast, clean, and runs well even on a 3G connection in rural Kenya - which matters when you are trading from a matatu or a village with patchy 4G. The charting is solid, with multiple candlestick types, drawing tools and indicators. It is not as polished as IQ Option's TradingView-powered interface, but it is more than adequate for most traders.
2. Mobile app (iOS & Android)
The Olymp Trade app is available on both the Google Play Store and Apple App Store - a genuine advantage over Pocket Option and Quotex, which require APK sideloading on Android. The app is well-built, with order fills averaging 0.7 seconds on majors during my London-session tests. The mobile charting is almost as capable as the web version, and push notifications for trade results and promotions are genuinely useful.
3. Desktop app (Windows)
A native Windows app is available, though I found it redundant - the web platform runs fine in a browser tab, and the desktop app offers no meaningful speed advantage. Skip it unless you specifically prefer a standalone application.
4. MetaTrader 4 - not available
Olymp Trade does not offer MT4 or MT5 integration. If you rely on custom Expert Advisors, third-party indicators, or algorithmic trading, Olymp Trade is not the right broker for you. Look at Deriv or a CMA-licensed forex broker instead.
08 -Olymp Trade Markets & instruments - 100-190+ assets, ranked
Olymp Trade's asset shelf is smaller than IQ Option or Quotex, but it covers the essentials. Here is the breakdown:
Forex is the tightest market - EUR/USD, GBP/USD, USD/JPY and the other majors run payouts of up to 80% on Standard accounts and 90% on VIP accounts during the London-New York overlap. Exotic pairs and off-peak hours drop to 70-75%, which is still competitive but not headline material.
Cryptocurrencies trade 24/7, including weekends, with payouts around 80-85% on BTC/USD and ETH/USD. Stocks trade during their underlying exchange hours - so NYSE-listed names are only available during the US session (4:30 PM to 11:00 PM EAT). Commodities and indices follow their respective market hours.
One warning about OTC weekend markets: Olymp Trade offers OTC trading on weekends, but these quotes are generated by Olymp Trade itself, not a real exchange. Liquidity, spreads and payout behaviour differ from weekday markets. Trade them cautiously and with smaller sizes than you would use on live markets.
09 - Fees, payouts & leverage - the full cost picture
Olymp Trade's fee structure is simpler than most binary options brokers, which is a genuine advantage. Here is what you actually pay:
Olymp Trade Deposits & withdrawals
- Deposits: Free on all methods. No hidden conversion fees beyond the standard Safaricom or card-issuer charges.
- Withdrawals: Free on all methods, all the time. No monthly caps, no percentage fees. This is genuinely generous.
Payouts
On binary options, Olymp Trade does not charge a separate commission. The cost is built into the payout percentage - an 80% payout means you keep 80% of your stake on a winning trade, and the broker's 20% edge is the fee. On VIP accounts, payouts increase to 90% on most instruments. During my audit, I logged an average payout of 78.5% on Standard accounts and 88.2% on VIP accounts across 160+ trades.
Leverage
Olymp Trade is primarily a binary options broker, so leverage in the traditional forex sense does not apply. Each trade is a fixed-risk, all-or-nothing contract. You cannot lose more than your stake on a single trade, which is a genuine advantage for risk management. However, this also means you cannot use leverage to amplify gains - you are limited to the payout percentage.
Other fees
- Inactivity fee: None. Olymp Trade does not charge for account inactivity.
- Currency conversion: 2% fee if your account currency differs from the instrument currency. Open a USD account to avoid this entirely.
- Bonus turnover: If you accept a deposit bonus, you must trade a certain volume before withdrawing the bonus portion. This is not a fee, but it is a restriction - read the terms carefully.
10 - The demo account - your most underrated tool
I cannot overstate how important Olymp Trade's demo account is. It is free, unlimited in duration, refillable on demand, and gives you access to 100+ instruments and every platform feature. The demo runs on real market prices, so the fills, spreads and slippage you experience are genuine.
During my audit, I used the demo to:
- Test two different trading strategies before risking real money
- Measure actual payout percentages across 25+ instruments at different times of day
- Stress-test the platform on a low-end Android phone over 3G
- Train a junior analyst on binary options execution
Most brokers offer demos that expire after 7 or 14 days, or that restrict you to a handful of instruments. Olymp Trade's demodoes neither. Use it aggressively before you deposit a single shilling.
11 - Education & research - better than average
Olymp Trade's education hub includes video tutorials, written guides on technical analysis, webinars, and a market news feed. The quality is better than average for an offshore broker - the videos are well-produced, the written content is original rather than scraped, and the webinars are genuinely informative rather than sales pitches.
During my audit, I completed Olymp Trade's "Trading Fundamentals" course - a structured, 10-module program covering everything from candlestick patterns to risk management. The course took me about 8 hours to complete, and I found it genuinely useful. This is a real strength of the platform, especially for beginners.
The market news feed is powered by third-party providers and updates in real time. I found it useful for keeping an eye on macro events during trading sessions, though I would not rely on it as a primary research source - use Reuters, Bloomberg, or the Central Bank of Kenya's publications for that.
12 - Customer support - responsive, 24/7 in 14 languages
Olymp Trade offers 24/7 live chat, email support, and phone support in 14 languages. During my audit, I opened 10 support tickets at various times, including two at 2 AM EAT on a Saturday. Here is what I found:
- Live chat: Average response time was 2 minutes 30 seconds during business hours, and 15 minutes during off-hours. Responses were knowledgeable and honest - agents did not push deposits or dodge my harder questions about regulation.
- Email: Replies came within 3-5 hours on weekdays, and 8-12 hours on weekends.
- Phone: VIP-only. I was upgraded to VIP for testing purposes and received a callback within 10 minutes of requesting one.
The support team is a genuine strength of Olymp Trade. They are better-trained, more honest, and faster than most offshore brokers I have tested. The 24/7 live chat in 14 languages is a real advantage - if you trade weekends heavily, you will rarely hit a support wall.
13 - Pros & cons - the uncomfortable summary
What worked
- Fast withdrawal processing - 70% within 1 hour in our tests
- Zero withdrawal fees on all methods, all the time
- Free, unlimited demo account with full feature access
- M-Pesa funding via agent works reliably - 8-minute deposits in our test
- Strong educational resources - structured courses, not just videos
- Support team is honest, knowledgeable, and fast - 24/7 in 14 languages
- Financial Commission membership with €20,000 compensation fund
- Mobile app available on Play Store and App Store - no sideloading
What hurt
- VFSC is an offshore regulator - not equivalent to CySEC, FCA, or ASIC
- Financial Commission is a dispute body, not a government regulator
- No direct M-Pesa integration - agent route only
- Smaller asset selection (100-190) than IQ Option or Quotex
- No MT4/MT5 bridge for algorithmic traders
- Off-peak and exotic payouts drop to 70-75%
- Bonus money comes with turnover requirements - read terms carefully
- Platform charting is good but not best-in-class
14 - Filterable comparison - Olymp Trade vs. other binary option brokers
No broker exists in isolation. Here is how Olymp Trade stacks up against the other nine brokers on our 2026 rankings, with filters so you can sort by what matters most to you.
| Broker | Score | Min deposit | Max payout | M-Pesa | Regulation | |
|---|---|---|---|---|---|---|
| DerivEditor's Choice 2026 | 9.4 | KES 645 | 90% | Direct | MFSA, VFSC, Labuan | Visit |
| Pocket OptionBest for Mobile | 9.1 | KES 645 | 95% | Agent | IFMRRC, Mwali | Visit |
| QuotexHighest Payouts | 8.9 | KES 1,295 | 95% | Agent | IFMRRC only | Visit |
| IQ OptionBest Platform UX | 8.7 | KES 1,295 | 95% | Agent | CySEC (EU only) | Visit |
| BinomoBest for Beginners | 8.0 | KES 1,295 | 90% | Agent | FMRRC (private) | Visit |
| Olymp TradeBest Education | 8.0 | KES 1,295 | 90% | Agent | VFSC, FinaCom | Visit |
| ExpertOptionEasiest First Steps | 8.2 | KES 1,295 | 92% | Agent | VFSC, FinaCom | Visit |
| BinariumShoestring Pick | 7.8 | KES 645 | 90% | Agent | No verifiable licence | Visit |
| IQCentBest Copy Trading | 7.5 | KES 2,590 | 95% | None | No licence | Visit |
| CapitalcoreLicensed Alternative | 7.2 | KES 6,465 | 90% | Agent | FSC Mauritius | Visit |
15 - Who should use Olymp Trade - and who should walk away
Olymp Trade is right for you if:
- You are a complete beginner who wants strong educational resources and a supportive platform
- You value fast withdrawal processing - 70% within 1 hour is genuinely impressive
- You want zero withdrawal fees - Olymp Trade's policy is genuinely generous
- You want a genuinely useful demo account before risking real money
- You are comfortable with an offshore broker with limited regulatory protection and will size positions accordingly
- You want 24/7 support in multiple languages - useful if you trade weekends or odd hours
Walk away if:
- You need a top-tier government regulator like CySEC, FCA, or ASIC - Olymp Trade doesn't have one for Kenya
- You rely on MT4/MT5 for algorithmic trading - Olymp Trade does not support it
- You want direct M-Pesa integration - only the agent route is available
- You want the largest asset selection - IQ Option and Quotex offer 300+ instruments vs. Olymp Trade's 100-190
- You want the absolute highest payouts - Quotex edges Olymp Trade by 5 points on majors
Still on the fence? Start with the demo.
Open a free demo account, test the platform for a week, and decide with real data - not marketing.
Is Olymp Trade Legit in Kenya?
Olymp Trade is a fixed time trading platform that offers a variety of investment opportunities. They offer two types of trades, one where the investor predicts whether the price will be higher or lower at the end of an allotted time period and another where they predict whether it will go above or below a predetermined level.
Investors can also invest in cross-rates which allow them to trade currencies against each other. Olymp Trade’s impressive success rate has made it one of the most popular fixed time trading platforms in Kenya with over 1 million users from around the country.
Olymp Trade Main Features
| Olymp Trade Minimum Deposit |
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$10
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Maximum Leverage
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1:500
| |
Trading Platform
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MT4
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Account Currency
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EUR, USD
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Maximum Leverage
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1:500
| |
Instruments
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Forex, cryptocurrencies, stocks, indices, commodities
|
Since Olymp Trade uses the MT4 trading platform, it makes it easy for beginner traders to master the one platform that’s used by 99% of forex brokers around the world. Graduating from Olymp Trade to another broker will be hassle-free.
Why Choose Olymp Trade?
Olymp Trade offers traders access to over 500 assets with returns up to 90%. The company is well-regarded for its transparency, reliability, and safety - it is fully licensed and regulated by the International Financial Commission (FinaCome).
Trading on Olymp Trade can be done anytime from anywhere through their mobile app or web browser with instant transfers via Visa or Mastercard between registered accounts.
We like the fact that Olymp Trade is licensed and regulated by FinaCom, In case of a dispute between the broker and a client, FinaCom offers compensation up to $20,000 if the dispute is settled in favor of the client.
Advantages of Trading With Olymp Trade
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Easy and convenient trading platform
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Low minimum deposit of $10 only
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Mpesa deposits and withdrawals available
Disadvantages of Olymp Trade
- it is regulated under a jurisdiction widely seen as an offshore haven
How to Trade Binary Options With Olymp Trade in Kenya
Olymp Trade is a fixed-time trading platform, which means that you make money when trading. There are a more than 150 assets that you can trade including currencies, stocks of leading Fortune 500 Companies, Cryptocurrencies, and Commodities such as copper and sugar.
Before you start panicking, here’s the good part about trading on Olymp Trade. You do not have to own any of these assets in order to trade. Instead, what you do is speculate on whether the price of an asset will go up or down within a specified period, starting with a minute all the way to 30 days.
If your speculation on the direction of price is correct, Olymp Trade will pay you a profit up to 92% depending on the asset you were trading.
News Trading
The Forex Factory Economic Calendar Can Help Your Trading
Trading based on news events can be a great way to make profits on the Olymp Trade platform. The key to success is staying informed about the latest developments in the markets and understanding how they may impact the prices of the financial instruments you are trading.
To predict the direction an asset’s price is likely to go in the near future, traders use a variety of tools including global economic news.
For instance, every first Friday of the month, the United States announces what’s known as the Non-Farm Payroll (NFP). The announcement usually has a very big impact on the price of financial instruments, and is usually a good time to trade.
Trading news is especially a good strategy for beginners who might not be very skillful at technical and/or price action. You should consider using an economic news calendar such as the one available at Forex Factory to spot major events around the world and how they are likely to affect assets.
There are also economic news calendar apps available on the Play Store and iOS store. Simply go to the apps store and search for “economic calendar.” Checking whether there’s any impactful news before you place a trade is a good way to trade on Olymp Trade.
Does Olymp Trade Work in Kenya?
Yes. Olymp Trade works in Kenya. There are many remarkable success stories of Kenyans who use Olymp Trade to make money to an extent of replacing their day jobs with trading on Olymp Trade.
However, like every other career, success does not come easy. You’ll have to invest hours and energy to learn how trading on Olymp Trade works. Once you’ve mastered the art and science of trading you can start investing and make money on Olymp Trade.
We highly recommend Olymp Trade to traders of all levels as the trading platform is incredibly easy to use and comes with $10,000 virtual currency that you can use to test your trading skills and strategies. Click Here to Open an Account.
5 Reasons Why Traders in Kenya Should Choose Olymp Trade
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Demo Trading: Upon registration, you’ll gain access to a free $10,000 demo account that you can use to learn how the platform works or test out your new fixed time trading strategies. That’s a plus for us.
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Licensed and Regulated by FinaCom: The International Financial Commission (FinaCom) is a third party and neutral regulatory authority that oversees forex brokers and settles any disputes between traders and brokers. Olymp Trade became a member of FinaCom in 2016, which shows their dedication to operating above board. While FinaCom is not in the same league with other regulatory authorities such as ASIC or CySec, we hope that we’ll be seeing Olymp get more trade licenses in the future.
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Robust Trading Platform & MT4 Available: Olymp Trade comes with a comprehensive proprietary trading platform that let’s you place and manage your trades with ease. The platform is loaded with a number of technical analysis tools. And as if that’s not enough, Olymp trade also supports MT4 for traders who prefer it.
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Low Minimum Deposit $ Trade Size: If you’re a beginner trader, you might not have a lot of money to invest or you might want to start by only investing a small amount of your money to ‘test the waters.’ Olymp Trade has a $10 minimum deposit (approximately 1,000 Kenya Shillings). Additionally, Olymp Trade lets you place trades with as low as $1.
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Handy Android & iOS Mobile Apps: Olymp Trade is probably the only forex broker with a fully developed and intuitive mobile app for both Android and iOS. For beginners who might not have trading stations, the mobile app is the only thing you’ll need to start making money with Olymp Trade. For professional traders, the app allows you to keep track of your open positions when you’re on the go.
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Can Olymp Trade Make you Rich?
Yes. You can make a lot of money on Olymp Trade. The platform rewards traders with up to 92% profit on every trade. For example, placing a trade with $100 will give you $192 profit if your trade goes right.
However, the amount of money you can make on Olymp Trade depends on your trading skills and invested capital.
Without taking time to come up with a solid trading strategy, you’ll probably lose all your invested capital. Before you start trading with your hard earned money, make sure you’ve taken time to not only learn, but also test out your trading strategy on the demo account.
Does Olymp Trade Accept Mpesa?
Olymp Trade fully accepts Mpesa. That means you can easily fund and withdraw profits from your account using Mpesa.
Olymp Trade also supports other alternative deposit and withdrawal methods including bank cards, Skrill, Neteller and Cryptocurrencies (Bitcoin, Ethereum, and Tether.)
The easiest way to fund your Olymp Trade account is to use your Mpesa or bank card. We have had success using the NCBA Loop Card and the I&M Prepaid Multicurrency Card. but our absolute favorite is the NCBA Loop Card as you can fund it easily using Mpesa and also withdraw money from it to Mpesa instantly.
Helpful Olymp Trade Tips & Tricks
- Verify Your Account Before You Deposit: Like every other financial services broker, Olymp Trade is required by the industry regulators to verify that their customers (you) are who they say they are. The verification usually entails you uploading your National ID, Proof of ID, and a selfie-photo. To avoid hitches after you’ve deposited money, make sure to verify your account the moment you sign up.