Olymp Trade Nigeria Review: How to Deposit funds & Withdraw

OlympTrade is an international online trading platform that was introduced in 2014; it engages users on both binary and forex trading. It is a well-known trading binary and forex broker and has millions of registered users; it has a user friendly trading platform and understandable trading terms. Recently, most Nigerians have been interested in trading with Olymp Trade. Olymp trade is a very popular online investment topic that is being discussed by many traders in Nigeria on various social media sites and top Nigerian forum website, Nairaland.

Do you want to create an Olymp Trade account and start earning $$$ regularly? Click here to open an Olymp Trade trading account

Is Olymp Trade Legal in Nigeria?

This is a serious question any intelligent person would ask before dealing with a company he/she is just learning about. The answer to this question is easy.

Firstly, Olymptrade.com website is owned by Inlustris Ltd, registered at: James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines. Although established in the year 2014, OlympTrade is regulated by the International Financial Commission (FinaCom) since February 2016.

In Nigeria, the government agency responsible for regulating the activities of stock exchanges and the capital market is the Securities and Exchanges Commission (SEC). However, as at the time of writing this article, there is no formal framework yet from SEC regulating the activities of binary options trading in Nigeria. Meaning that trading binary options is legal in Nigeria and Nigerians can be rest assured dealing with Olymp Trade as they are a registered and regulated company.

Is Olymp trade real

Olymp Trade is real. It is an international online trading broker where individuals can trade and make money from binary options. Olymp Trade provides traders access to its trading platform where they can trade and speculate on over 100 financial instruments and commodities.

Olymp Trade Nigeria Office & Customer Care Contact

Olymp Trade clients in Nigeria can contact us for support or assistance as regards their Olymp Trade account operations.

For account deposits/withdrawals, Sowget.com cannot directly fund/withdraw on your Olymp Trade account. However there are a range of available payment methods on Olymp Trade that you can use such as Bitcoin, Perfect Money, AstroPay, Neteller and Skrill.

This article is concentrated on teaching you how to deposit or withdraw funds on your Olymp Trade account through Perfect Money using the services of Sowget.com.

As usual, to use Sowget.com exchange services, you have to first open an account on our website (https://sowget.com/register); the registration process is easy and can be completed in no time. When done, a verification mail will be sent to your email address for you to confirm and activate your account.

How to Fund your Olymp Trade account with Perfect Money using Sowget.com

After successfully creating your Sowget account and activating it, kindly proceed with the below outlined steps to credit your Perfect Money wallet in other to use it to fund your Olymp Trade account.

Because it is the funds inside your Perfect Money wallet that would be used to deposit to your Olymp Trade account.

You would first have to deposit funds to your Sowget wallet using your ATM card or bank transfer. Funds in your wallet can then be used to instantly buy Perfect Money.

Inside your Sowget dashboard, click on Buy and select Perfect Money. Then instantly place your order to credit your Perfect Money wallet.

Once funds arrive in your Perfect Money account, login to your Olymp Trade account and click on deposit and select Perfect Money. Enter the amount in your USD you want to deposit to your account and click to make the payment. You would be redirected to Perfect Money website in order to pay the invoice.

On successful payment on Perfect Money website, you would be returned to your Olymp Trade dashboard and your account would be instantly credited with the amount you deposited.

How to withdraw from your Olymp Trade account with Perfect Money using Sowget

To withdraw your funds from Olymp Trade; inside your account dashboard, click on Payments and select Withdrawal. Then click on Perfect Money and enter the amount you want to withdraw from your account. Once your withdrawal is processed by Olymp Trade support, your Perfect Money account would be credited with the amount you withdraw.

At this stage, you can login to your Sowget account dashboard and instantly sell your Perfect Money to Naira. Inside your sowget account, click on Sell Perfect Money, submit your order and authorize the transaction on Perfect Money website. On successful transfer, your sowget wallet is then credited with the Naira of your sell perfect money order.

Funds in your Sowget wallet can then be instantly withdrawn to your bank account.