Olymptrade Promo Code - up to 100% Welcome Bonus (Still Valid)
Open a new Olymptrade account and use the promo code "WELCOME" to get an up to 100% welcome bonus on your first deposit.
Olymp Trade offers a welcome bonus of up to 100% for new traders, depending on your first deposit amount. To claim your welcome bonus, you have to open a new Olymptrade account and use the promo code “WELCOME“.
Below, you can see the full breakdown of how much welcome bonus you get based on your deposit amount:
Deposit Amount (USD) | Welcome Bonus % |
|---|---|
$10–14 | 30% |
$15–19 | 50% |
$20–24 | 60% |
$25–29 | 70% |
$30–49 | 80% |
$50–349 | 90% |
$350–2,999 | 100% |
$3,000+ | $3000 bonus cap |
Note that the above promo code is only valid for a limited time and only if you have opened a new Olymptrade account using the button below. The maximum bonus you can receive is $3000.
In this article, we’ll guide you on how to activate your Olymptrade promo code, explain the bonus terms, and highlight the most important rules and risks to watch out for. If you’re an existing Olymptrade user, you can still claim deposit bonuses using the ONPAY code, which we’ll also explain.
What Makes the Olymptrade Welcome Bonus Special?
Olymptrade's bonus system is unique and safer than most competitors. Here's why:
- It Offers a Withdrawable Reward: The OlympTrade bonusses are not withdrawable (just like at any other broker), but completing a trading volume "task" unlocks a real cash reward that you can withdraw.
- Losses are Shared: If you lose a trade, the loss is proportionally shared between your real funds and the bonus funds, which is a rare feature that reduces your real-money risk. For example, if you deposit $350 and get a 100% bonus, your account will have $700 ($350 real funds and $350 bonus funds). Each trade you place will use this ratio (50% real funds and 50% bonus funds). If you win a trade, the profit is split using the same ratio, and if you lose, the loss is shared accordingly.
- You Can Always Withdraw Your Own Money: Unlike brokers who lock your deposit, Olymptrade allows you to withdraw your real funds at any time. (Doing so will simply cancel the bonus and your task progress).
Unlike other binary options brokers, which require a high turnover requirement to withdraw funds, Olymptrade allows you to withdraw your funds anytime, while giving beginners more confidence when starting because of the potential extra money from completing tasks, whether you win or lose on trades.
How to Activate the Olymptrade Promo Code?
Activating your Olymptrade bonus is quick and easy, and the promo code determines how much extra capital you’ll receive.
If you’re opening your first Olymptrade account, here’s how to claim your welcome bonus:
Step 1:
Go to the official Olymptrade registration page, and sign up with a new email and password. This step is essential as the welcom bonus only works for new Olymptrade users.
Step 2:
Once you’ve created your new account, go to “Deposit” Section. On the deposit screen, choose your payment method and enter your desired amount.
Step 3:
Select a promo code or manually enter the promo code, WELCOME.
For existing users, you can still receive a bonus on deposits by selecting OnPay bonus instead, or manually enter a code if you have one.
Step 4:
Click confirm to proceed. Complete the deposit request by entering all the necessary details.
Once your deposit is processed, your bonus will appear instantly in your trading account. You’ll also automatically trigger a Reward Task, which tracks your trading volume progress and unlocks your withdrawable reward once completed.
Olymptrade Bonus Terms and Conditions
Olymptrade’s bonus terms and conditions are clear, transparent, and less restrictive compared to other binary options brokers, but there are a few rules you need to understand if you want to unlock your reward successfully. Here’s a breakdown of important bonus terms you should know about:
Task Completion and Reward
Claiming an Olymptrade deposit bonus activates a specific task. Completing the task unlocks a reward that you can to turn into real, withdrawable money.
This task is calculated as bonus amount × multiplier = required trading volume. For example, if you deposit $50 and receive a $50 bonus with a multiplier of 40, your task will be:
$50 × 40 = $2,000 in total trading volume.
Every Fixed Time trade you place counts toward this volume, whether it wins or loses. But you don’t need to generate a specific profit, you just need to reach the target volume. Once you hit the goal, your task reward (not the bonus) is credited and becomes fully withdrawable.
However, the task must be completed within 30 calendar days of receiving the bonus. After that, the bonus and reward opportunity will expire, and trades in Forex mode, risk-free mode, or using stocks do not count. So we suggest trading with short time frames but with small amounts if you want to complete the task faster.
Activation and Cancellation
The bonus is activated immediately once you receive your deposited funds. However, withdrawing funds before completing the task will cancel the bonus and erase your progress. Letting the 30-day period expire also voids the bonus and reward.
Note that depositing again without completing the task doesn’t stack bonuses, and your original ratio still applies. To stay eligible, don’t withdraw early, stick to the original bonus-to-funds ratio, and monitor your progress (go to Accounts → Unlock Your Reward).
You can cancel a bonus after it’s been added anytime in the “Unlock Your Reward” section by cancelling the task. Canceling a bonus will adjust your real account balance and remove the bonus amount and the task progress.
Bonus Limitations
While Olymptrade’s bonus system is designed to be fair and transparent, it has limitations as well, and success depends on understanding and following these rules. Here are important bonus terms limitations:
- Bonus funds on Olymptrade are virtual, and you cannot withdraw them directly.
- Only the reward is withdrawable, and only after you complete the task before the deadline.
- Risk-free trades, Forex trades, pending orders, and stock trading do not count toward the trading volume.
- You can’t stack multiple bonuses at the same time.
How to Use the Olymptrade Bonus Safely
Olymptrade’s promo codes and bonus system offer real value, but it’s also important that you understand the risks and trade with discipline.
1. Avoid the Psychological Risk of Overtrading
One of the biggest dangers is chasing volume just to complete the task, and if you rush through trades to unlock the reward, you may unconsciously end up taking unnecessary risks, like placing bigger trades than your balance can support or ignoring your usual strategy. This can quickly lead to losses, especially in high-volatility markets.
To avoid this trap:
- Do not change your normal trading strategy just to complete tasks.
- Trade with small, consistent amounts (we recommend 1-5% of your account balance per trade).
- Focus on making good trades, not just on hitting the volume target. The volume will accumulate naturally over time if you trade consistently. Rushing to complete the task by placing large, impulsive bets is the fastest way to lose your real money
2. Choose a Smart Deposit Amount
A larger bonus always comes with a much larger and more difficult trading volume task. For new traders, it is much smarter to start with a small first deposit ($10 - $100). This will give you a smaller, more achievable task, allowing you to learn the process and unlock your first reward without putting significant capital at risk.
The Bottom Line: The bonus is a great tool, but only if you treat it like a long-term boost, not a shortcut or a loophole. So, we make sure you understand the rules, follow your strategy, and don’t let the reward distract you from trading responsibly.
Common Olymptrade Promo Code Issues
Olymptrade bonuses activate smoothly, but that doesn’t mean you won’t face minor issues. Here are a few issues traders may face and how to handle them.
1. Promo Code Not Working
If your Olymptrade promo code isn’t working, the two main problems are likely because the code has expired or was entered incorrectly. Here’s how to fix this issue:
- Double-check that you’re manually using codes that work (currently WELCOME) for your first deposit, or apply bonuses offered on the deposit section, so double-check for typos.
- If the promo code “WELCOME” is not working, try “START100”.
- Ensure that you meet the required deposit amount, or else the bonus won’t work.
- Confirm the promo is still valid.
Note: If bonuses, especially OnPay bonus for existing users, are not activated manually, you can request them from your account manager or through the in-app promotion system.
2. Bonus Funds Not Showing in Your Account
In some cases, bonus funds won’t appear right after deposit. This usually happens when:
- You’ve already used the promo code before.
- The same bonus was applied to another account (bonus stacking is not allowed in Olymptrade).
- Your deposit amount was too small to qualify for the bonus.
- You used an unsupported payment method for bonuses.
Always check the current bonus thresholds and confirm eligibility before depositing.
Conclusion
The Olymptrade bonus system is one of the fairest in the industry, mainly because it offers a withdrawable cash reward instead of just trapping your funds at your broker account with complex rules. We also consider Olymptrade a good choice as a first broker for beginner traders, because it offers a very simple trading platform with a basic level of investor protection, which is sufficient for traders with smaller capital.
However, before you accept the welcome bonus, there are two critical facts you must understand:
- Our main advice for long-term success is to use Olymptrade's safer Forex and CFD trading types and to avoid the high-risk, gambling-like Fixed Time Trading (FTT).
- Unfortunately Olymptrade bonus tasks can only be completed by trading fixed time trades, Forex and Stock trades do not count!
Therefore, if you are a disciplined trader who plans to use FTT and understands the psychological risks of overtrading, then the welcome bonus is a great way to increase your trading capital. However, if your goal is to follow our advice and focus on a safer, more sustainable trading career with Forex and CFDs, we recommend you decline the bonus and trade with your own capital.
Risk Warning & Legal Disclaimer:
The content on this website is for informational purposes only and does not constitute financial, legal, or investment advice. We do not provide personal recommendations and are not responsible for any losses resulting from your trading activity. Online trading involves significant risk — especially fixed time trades and CFDs, which are complex instruments and carry a high risk of losing money rapidly due to leverage. Always ensure you understand how these products work and whether you can afford to take the high risk of losing your money. Users are solely responsible for complying with their local laws and regulations.
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