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 * Best Brokers
   * Best Trading Apps in India
   * Best High Leverage Brokers in India
 * Broker Reviews
   * Olymp Trade
     * Login
     * Withdrawal
     * Account Verification
     * Account Statuses
   * IQ Option
     * Login
     * Deposit
     * Withdrawal
     * Account Verification
     * Blocked Account
   * Binomo
     * Download App
 * eWallet Reviews
   * Neteller
   * Skrill
   * ePayments
   * Perfect Money
   * Yandex.Money
   * Qiwi Wallet
 * Blog
 * News

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Tiếng Việt Deutsch Thai
 * Best Brokers
   * Best Trading Apps in India
   * Best High Leverage Brokers in India
 * Broker Reviews
   * Olymp Trade
     * Login
     * Withdrawal
     * Account Verification
     * Account Statuses
   * IQ Option
     * Login
     * Deposit
     * Withdrawal
     * Account Verification
     * Blocked Account
   * Binomo
     * Download App
 * eWallet Reviews
   * Neteller
   * Skrill
   * ePayments
   * Perfect Money
   * Yandex.Money
   * Qiwi Wallet
 * Blog
 * News






HOW TO DEPOSIT MONEY IN OLYMP TRADE FROM INDIA?

Cody Walls
Last Updated on June 27, 2022
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Olymp Trade is one of the most well-known forex online trading platforms that
ensure its traders make secure and profitable investments in India and around
the globe. 

Olymp trade offers a many deposit option for its users like Bank cards
(Visa/Mastercard), Net banking, UPI, Skrill, Neteller, AstroPay Card, GlobePay
and Bitcoin. 

You can deposit funds into your Olymp Trade account in India by following just
these simple steps,

 1. Verifying your personal details
 2. Choosing preferred payment method
 3. Providing accurate payment details 
 4. Activating your Deposit Bonus
 5. Confirming your payment

Indian forex traders now have the opportunity to invest without compromising on
the safety, information or accessibility of deposit pathways.

Factually, it's a straightforward process, and Indians can make deposits on
Olymp Trade through their PC or desktop website as well as their handy mobile
app.

Here is a comprehensive aid in making deposits on Olymp Trade that covers all
you need to know. Read on for further steps on how to make a deposit on Olymp
Trade.


HOW TO DEPOSIT MONEY IN OLYMP TRADE? | STEP BY STEP GUIDE



These steps to make a deposit are quite the same on the desktop site and the
phone app.


1. VERIFY YOUR DETAILS



Make sure all your account details are accurate as per your knowledge. This step
is essential as Olymp Trade requires you to submit only correct information
about yourself to verify your account. 

Once you fill in your details, it is recommended that you turn on two-factor
authentication to strengthen your account's security further. Once you turn on
two-factor authentication, you will receive a secret code via email and SMS
every time you log in, which you have to verify before you can access your
account.


2. CHOOSE YOUR PREFERRED PAYMENT METHOD



The amount you choose to deposit can be typed out manually or selected from the
drop-down list of options. The options presented to you will depend on your
country of residence (as per the information you submitted for registering your
account). 

In the “Payment Method” slot, some options that are palatable to Indian currency
are available to choose from. Pick a method you can use for deposits and
withdrawals. Save the card you have chosen to use for further deposits and
withdrawals by clicking on the “Save Card” checkbox. 

You will also find a chat option to talk to the customer care experts at Olymp
Trade if you face any difficulties with your deposit.


3. ACTIVATE YOUR BONUS



You may also be offered a bonus to your deposit which you can take advantage of
by increasing your account balance and investing in multiple additional assets. 

This bonus amount is extra money that will be credited to your deposits to the
trading account.


4. CONFIRM YOUR PAYMENT



For the deposit to be successful, you have to enter your correct payment details
(according to the payment option chosen) and complete the payment to Olymp
Trade.

Congratulations! You’ve now successfully made a deposit to your trading account
on Olymp Trade.


OLYMP TRADE DEPOSIT METHODS

To start with, investors need to choose a payment method, the amount they wish
to deposit, and the bonuses they want to receive. 

Olymp Trade has several convenient payment gateways, some of which are
compatible with the Indian currency. What's best, each of these payment
solutions is user-friendly and runs smoothly on any device. 

Here is a list of payment options on Olymp Trade:


1. CREDIT/DEBIT CARDS

Using a Visa/Mastercard is a smart choice as it is straightforward and
accessible without much effort. Using any Indian credit or debit card might be a
good choice as forex trading is now reaching a point of becoming an accepted
venture that the government has begun to support. 

Exception: AstroPay cards are also accepted.


2. E-WALLETS

This is a more convenient way to deposit as compared to transferring money from
Indian credit or debit cards. E-wallets that can be utilised quickly and
efficiently while making deposits on Olymp Trade are,

 * Skrill 
 * Webmoney 
 * Neteller 
 * Perfect money 


3. UPI

Convenience at its finest for the youth and the elderly, Unified Payments
Interface (UPI) is a quick and hassle-free method for depositing on Olymp Trade.
It’s instant, real-time and allows inter-bank transactions. You could use UPI
applications like,

 * PayTM 
 * GooglePay 
 * PhonePe 


4. NET BANKING

Net banking can be performed from any of your Indian bank accounts. There are
options where deposit limits decide whether your money will reach your Olymp
Trade account instantly, within 2 hours, or within a day. The Banks are-

 * State Bank of India
 *  ICICI Bank
 * HDFC Bank


5. BITCOIN, ETHEREUM, TETHER

Cryptocurrencies are only going to make cashless transactions a reality, and
their decentralised approach works wonders in forex trading as well. Feel free
to use either of these cryptocurrencies when depositing money into your Olymp
Trade account.

Note: While Olymp Trade does not charge any fee on deposits, there is a
brokerage fee of 0.8% to 15% on your investment value.


DOES OLYMP TRADE CHARGE A FEE ON DEPOSITS?



Olymp Trade asks for no amount other than the deposit you have chosen to invest.
On the contrary, Olymp Trade provides you with a bonus you can add to your
deposit instead!

Keep in mind, depending on the payment method you use; you may be charged a fee
on the payment provider’s end when you trade with currencies other than the
Indian currency. These fees vary based on the payment service you use. Also, the
charges will be mentioned on the payment provider’s website or will be shown as
you make your deposit.


OLYMP TRADE MINIMUM DEPOSIT IN INDIA



The minimum amount to make a deposit on Olymp Trade is 10 US dollars, and the
minimum amount you can start trading with is 1 US dollar.

Once you register your account on Olymp Trade, your trading account is instantly
opened, and you can then make a deposit to start trading. 

Keep in mind, forex traders will not receive any bonus with this amount.


HOW LONG DOES A DEPOSIT TAKE?

The deposited funds are usually remitted to traders quickly, but they may take 3
to 5 business days at times, depending on your E-wallet or payment provider. 

If the money has failed to be credited to your account immediately, kindly wait
for an hour and check again. 

In case the money was credited from your funds but is still not reflected in
your Olymp Trade trading account, you need not worry. Just reach out to the
customer support personnel on Olymp Trade, and they will help sort out all
deposit-related problems.


OLYMP TRADE DEPOSIT BONUS

Deposit bonuses on Olymp Trade are extra amounts provided to increase your
deposit. They are handed to certain investors as freebies depending on their
account activity and the amount of money they are depositing. 

Remember, bonuses can only be used to increase your deposits and investments and
never for withdrawal. So now you, as a trader, will have a chance to win more
for less actual money.


HOW TO RECEIVE A BONUS?

Whenever you deposit money onto Olymp Trade, you will be provided with a bonus.
This bonus is higher for VIP accounts. The bonuses start when you deposit at
least 30$ in a regular account. Thus, each time you deposit 30$ or more, you
will be rewarded with a bonus. Therefore, the more significant the amount you
invest, the bigger the bonus your account is pumped with.

 * 
   Investing 10$ or 20$ will not make you eligible for a bonus.
 * 
   A 10% bonus can be applied to 30$ deposits and above.
 * 
   A 20% bonus can be applied to 100$ and 200$ deposits.
 * 
   A 30% bonus is applicable for a 300$ deposit. 
 * 
   VIP amounts like a 2000$ deposit also receive a 30% bonus.
 * 
   Investing 5000$ or more makes you eligible for a whopping 50% bonus.


FAQ

We've explored the common Olymp Trade deposit problems that users face when
making deposits. Since it's in Q&A format, it should be easy to digest. 

HOW MUCH SHOULD I INVEST IN OLYMP TRADE?

This is the question asked by most new investors but one that does not have an
easy answer. Investing and trading is a high skill, high-risk activity that
takes time to master. 

Full-time traders have to put in weeks, if not months, of training and practice
to become top-notch traders in the present day. 

If you are just starting out, the general rule of thumb that you can keep in
mind and follow is this — never invest more than what you can afford to lose. 

Hence, while the potential financial upside is highly lucrative, the potential
financial downside is also a real danger forex traders face. Not to forget,
never start your trading journey by emptying your life savings.

IS IT POSSIBLE TO USE A DOMESTIC DEBIT CARD TO MAKE A DEPOSIT ON OLYMP TRADE?

The single most accessible way to deposit money into your Olymp Trade trading
account is by using a Visa or MasterCard for paying. Just make sure that your
card is valid and registered in your name.

To add money using the card, you need to enter the card details accurately.
These include the card number, expiration date, the card’s CVV, and your (the
cardholder’s) name. You can also save these card details on Olymp Trade for all
future transactions. 

WHAT ARE VIP ACCOUNTS, AND HOW DO THEY AFFECT BONUSES?

If you are an Olymp Trade trader, you get the exclusive chance to become an
owner of the Olymp Trade VIP account. This VIP account requires only a slightly
bigger initial deposit (at 2000$ or more) than a regular trading account.

Though this may seem quite big, you'll be happy to reap the rewards of the
additional benefits you get access to. Remember, they are not available with the
regular trading account. As a VIP account holder, you get extra bonuses on your
deposit - and big ones too!

HOW MUCH BONUS CAN I EXPECT WITH A VIP ACCOUNT?

If you have opened a VIP account and deposited $2,000, you will be eligible to
get a 30% bonus, which sums up to an amount of 600$ for free! 

Similarly, if you were to have a VIP account and then make a deposit of $5,000,
you are eligible to get as much as 50% of the total amount, which comes up to
$2,500 as a bonus. 

These bonuses are invaluable as the more money you have on the trading account
to trade with, the more possibilities you’ll have, and the higher your potential
returns will be. 

DOES OLYMP TRADE HAVE THE OPTION TO USE INDIAN CURRENCY TO MAKE DEPOSITS?

Yes, you definitely can! With Olymp Trade, feel free to use Indian Rupees or any
other local currency to deposit money to your Olymp Trade account. 

Once you deposit the amount into Olymp Trade, it is automatically converted into
USD or EUR, according to the currency of your account. Similarly, for
withdrawals, you can withdraw your Olymp Trade trading profits from your trading
account in the preferred local currency of your choice!

CAN ONE EARN MONEY WITHOUT DEPOSITING ON OLYMP TRADE?

No, one cannot earn any money without making a deposit. Deposits on Olymp Trade
act as a sort of savings that you withdraw from during trade. 

If you are not yet confident in investing real money, you can always utilise the
free demo account that will provide you with 10,000$ in dummy money to begin
your investment journey on Olymp Trade. Although you can't earn any money from
this, you can learn how to trade! What's best, demo accounts give users access
to trading and analytical tools to guide them in getting accustomed to the
platform.

WHAT IS THE BEST METHOD TO MAKE A DEPOSIT ON OLYMP TRADE?

Forex trading is a relatively newer venture in India. So, using Indian credit or
debit cards might cause a few obstacles. Hence, using an international E-wallet,
on the other hand, is the most seamless and straightforward way that agrees with
Indian and international standards of forex trade.


FINAL THOUGHTS 

Now you know how to deposit money into your Olymp Trade trading account and
navigate bonuses to your advantage in the forex trade market. 

Though investing comes with certain risks, Olymp Trade ensures overall security
during transactions, deposits and withdrawals.

For more information on Olymp Trade Withdrawal, read our article: Olymp Trade
Withdrawal: Methods, Issues, and Fees Discussed

Indians taking their first steps into international forex trading now have the
necessary tools and education provided to jumpstart their trade journey.

Articles Related to Olymp Trade

Olymp Trade Login: How To Access the Platform and Troubleshoot Issues
Olymp Trade Statuses: What Are the Perks?
Olymp Trade Withdrawal: Methods, Issues, and Fees Discussed
How to Complete Olymp Trade Verification in India
Olymp Trade Education: A Good Resource for Beginners?
How to Deposit Money in Olymp Trade? (Complete Guide!)
Olymp Trade Market and Platform Extensions
7 Reasons Why Olymp Trade Accounts Get Blocked and How to Unlock Them?
Olymp Trade Account Settings: Common Problems and Solutions
Olymp Trade Affiliate Programs: Join and Earn Commissions Up to 50-60%

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Quick Navigation

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How to Deposit Money in Olymp Trade? | Step by Step Guide
Olymp Trade Deposit Methods
Does Olymp Trade Charge a Fee on Deposits?
Olymp Trade Minimum Deposit in India
How Long Does a Deposit take?
Olymp Trade Deposit Bonus
FAQ
Final Thoughts 

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