Guide To Deposit Funds into Olymp Trade Account [MPESA, VISA, BANK]

Last updated on July 28th, 2023 at 12:36 pm

In this article, you will learn steps to deposit funds into Olymp Trade Account

If you are looking for a place to trade online, then Olymp Trade is the place to go. They have many different features that will help you grow your trading account and make it easier than ever before to deposit funds into the Olymp Trade account.

This article talks about how to deposit money into an Olymp Trade account through MPESA, Bank, or using VISA so that you can start trading Forex and FTT right away!

What is Olymp Trade?

Olymp Trade is an online trading broker that was founded in 2014. They offer their traders many different features, such as:

• A variety of account types, including a demo account
• Many different currency pairs to trade
• High payout rates
• Low minimum deposit amount

How to Deposit Funds into the Olymp Trade Account?

There are several ways that you can deposit funds into your Olymp Trade account. 

The most common way is through a credit or debit card. You can also use an eWallet, such as Skrill or Neteller.

And recently, Olymp Trade started accepting MPESA deposits, this means that if you are in Kenya and would wish to start making money online on Olymp Trade, you can do so without worrying about anything. 

Finally, you can also use a bank transfer to deposit money into your account.

Each method has its own set of instructions on how to proceed. 

If you don’t have an account already, go ahead and register one here now.

How to deposit to Olymp Trade Through Mpesa

How to deposit to Olymp Trade via MPESA Video Tutorial

To deposit money to Olymp Trade Kenya MPESA, follow these steps;

1. Login to your Olymp Trade account

The first step is to log in to your Olymp Trade account.

But if you don’t have one yet, go ahead and register here (and get FREE $10,000 to practice)

2. Click on the Payments button on the top right corner of your trading account.

If you are not seeing it, it means you are under the DEMO account. All you have to do is switch over to the Live trading account.

3. Click on the Deposit button

4. Chose a deposit method from this list 

Now, the next step to deposit funds into Olymp Trade Kenya account using MPESA is to decide the amount you’d wish to deposit. 

This number will be in dollars.

You can either enter the exact amount. Or click on the number and pick a specific amount from the list.

Next step, confirm the amount.

And choose the deposit method from the list.

As you can see, Olymp Trade support a ton of deposit methods including bank cards, cash (MPESA), and electronic payment methods such as Skrill, Bitcoin, WebMoney, Neteller, among others.

Now, if you are in Kenya, click on MPESA.

5. Enter your phone number in this format 

Next step to deposit money on Olymp Trade using MPESA is to provide your phone number.

Remember to omit the (+) sign when typing.

It should be something like; 254700123456.

Finally, 

6. Enter your Mpesa PIN then press OK to complete MPESA payment on Olymp Trade.

Congratulations, you have funded olymp trade kenya mpesa!

Your funds will reflect immediately.

Remember that if this is your first time using MPESA to deposit money into Olymp Trade, you will be using MPESA to make withdrawals on Olymp Trade.

That’s just how it works, even with other Olymp Trade deposit methods; you will use the deposit method to withdraw your profits. 

Let us look at another best way to deposit money into the Olymp Trade account.

How to Deposit Money into Olymp Trade Account Through Bank Card

To use your bank cards, such as a VISA or Credit Card, follow these steps;

a). Log in to your Olymp Trade account and click on the Payments button (located to your top right corner inside your trading account)

b). Click on the Deposit button

c). Enter the amount you’d wish to deposit, choose the deposit method from the list, which in this case, is a bank card.

Also, you can choose to allow Olymp Trade to save your card information. This helps speed up the next time you want to deposit funds into the Olymp Trade account.

Use Olymp Trade Promo Code if you have one.

Finally, click next and then confirm the Olymp Trade deposit details including the amount and account details.

d). Enter the card details

To finalize your process of funding your Olymp Trade account using a bank card, go ahead and provide the card details.

Here are the bank cards supported by Olymp Trade;

• Visa Card
• Master Card

Is it secure to use your bank card on Olymp Trade?

Absolutely! Olymp Trade is using a secure 128-bit encrypted payment. That is pretty much sophisticated security technology.

Can I use my debit card in Olymp trade?

Yes, you can deposit money into Olymp Trade using a debit card if your account is activated for online transactions. Sometimes, some banks restrict certain debit cards from conducting online transactions. 

How to Deposit Funds into the Olymp Trade Account using e-wallets

Olymp Trade support e-wallets such as Skrill, Neteller, Perfect Money, Web Money, Advcash, Bitcoin, Etherium, and Tether.

How to top up Olymp Trade account via Skrill

Skrill is an international payment system. To deposit into your account, follow the steps below:

Step 1: Log in.

Step 2: Choose Skrill as Deposit 

Step 3: Complete the depositing process via Skrill

Confirm the amount, use Olymp Trade Promo Code if you have one. And then complete the process to deposit funds into Olymp Trade account via Skrill.

How to Deposit Funds into the Olymp Trade Account via Bitcoin

You can use crypto such as Bitcoin, Tether, and Ethereum to fund your Olymp Trade account.

Here is how to use Bitcoin to top up your Olymp Trade account;

a). Log in to your account and click on the Payments button.

b). Click on Deposit, choose the amount you’d wish to deposit into Olymp Trade account. And then pick Bitcoin as your preferred method of deposit.

Don’t forget to use a Promo Code if you have one.

NOTE;

Bitcoin deposit into Olymp Trade must be at least $150. 

c). Complete the process to deposit funds into Olymp Trade account using Bitcoin (or any of the other two crypto).

Remember, it may take up to 24 hours for transactions to be confirmed on the blockchain depending on each specific blockchain and congestion at the time you initiate your transaction.

What are the payment methods for Olymp trade?? 

There are a variety of payment methods that you can use for Olymp Trade. The most common is via credit or debit card, but you can also use an eWallet like Skrill or Neteller and bank transfer. All of these methods have their own set of instructions on how to proceed.

What is the minimum amount to deposit in Olymp trade? 

The minimum amount to deposit in Olymp Trade is $10. However, if you want to trade with a higher volume, then we recommend depositing more money into your account. 

Here is a table showing the minimum deposit/withdrawal amount on Olymp Trade;

Method of deposit	Minimum deposit/withdrawal amount
Bank cards (Visa/Mastercard)	$10
Skrill	$10
Neteller	$10
WebMoney	$10
Bitcoin	$150
UPI	$10
GlobePay	$50
AstroPay Card	$10
Net banking	$10
MPESA	$10

Can I withdraw my funds from Olymp trade? 

Yes! You can withdrawal your funds at any time by following the instructions on our website. Remember that withdrawals can take up to 48 hours.

Does Olymp trade accept Paypal?

No, Olymp Trade does not accept PayPal.

Is Olymp trade Kenya safe? 

Olymp Trade is a very reputable company that has been in business for over 8 years! They have many different options for traders, including demo account and beginner-friendly account types. 

Here is an in-depth Olymp Trade review

As long as you have completed all of these steps correctly, then congratulations! You can now start trading with Olymp Trade!

is Olymp trade legit in Kenya?

Yes, Kenyans can trade on Olymp Trade. You can deposit and withdraw on Olymp Trade Kenya using MPESA.

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