Moreover, Olymp options trade is set on-time duration or expired time. Olymp Forex trading platform supports trading in long and short by keeping the assets at a current rate, and also the trade duration is unlimited without spread, the trader can pay to execute the trades. By using the standard account, the trader needs to deposit a minimum deposit of $10 which offers access to all the trading instruments, educational materials, assets, and analytical tools. The trader can take advantage of returns of a minimum 82% for this account which is competitive. The maximum trade amount of $2,000 enables the traders to trade without any constraint.
The second method is through the desktop application available for Windows and macOS, which offers additional features on the web version. Thirdly, Olymp Trade can be accessed via mobile apps that are available for both Android and IOS smartphones. If the broker is regulated, it is considered as one of the most important factors which determines whether the broker is legit or not. If you want to trade with a new trading broker, you should be aware that your money is insured or not.
Olymp Trade is regulated by being a member of the renowned International Financial Commission , which is a mediator between the trader and the broker. However, they do not accept clients from various countries, including but not limited to the US, UK, and Japan. They are also one of the very few brokers who have a strong social media presence, using social media as an educational tool for traders to learn through. Olymp Trade trading platform comes under the category of grade A broker, a membership offered by the financial commission which implies the high-quality services offered by this broker. Moreover, members of the financial commission guarantee customer support, deposit insurance, and it offers excellent support for all its users.
What Is Olymp Trade?
The fingerprint recognition feature is very rare to find, since it requires advanced technology. Despite not having a two-step login process, the fingerprint recognition is a better alternative. There are two types of trading orders with Olymp Trade mobile application, price orders and time orders. With price orders, you can place an order, depending on the price you have limited to.
VIP traders get a personal account manager who will help you personally. It is nothing special but Olymp Trade tries to make good contact with its customers. For a further analysis more than the technical analysis, you can click on the menu to get fundamental data. Olymp Trade provides you the economic calendar, trading signals , and information about volatility.
We highly recommend you try them all out because to avoid the risk of losing your money. Olymp Trade can be described as a multi-asset online trading platform which is owned by Saledo Global LLC, and registered at St Vincent Bank limited building, James Street Kingstown. Olymp Trade was established in the year 2014 and has quickly progressed. There are several millions of users using the online portal to trade every day. This platform is unique from other platforms and they offer a wide range of assets for its users.
It should be mentioned that there aren’t complaints on Olymp Trade processing payments on-time & accurately. Payments are issued to clientele in three to five business days, albeit in a slightly different way than the conventional exchange. There should be significant concerns associated with the registration process of Olymp Trade. It’s almost an instantaneous process that requires consumers to merely enter their Email, Desired Password, and Currency Selection. The standard method of registration requires handing over person documents regarding their Age, Country of Residence, Home Address, Cellular Number, and Multiple forms of Banking Information. Maintaining a registration process without this desired information means that under any discrepancies with accounts cannot be resolved.
Beginners should be very comfortable with the mass of education. Olymp Trade offers chat, email, and phone support.The employees are working 24 hours per week each day. In addition, as an international broker, the support is available in more than 8 languages.
- From our experience, the support works very quickly and professionally.
- For further information, Olymp Trade offers an education center with webinars, strategies, tutorials, and videos.
- Our focus today is on a binary options broker called Olymptrade.
- Fairly enough, all Forex Brokers in the Global Financial Markets provide demo accounts with virtual money to help traders learn and practice before investing their real money.
- There are no withdrawal fees and the minimum withdrawal amount is ten dollars.
- This account offers an exhaustive list of features which includes the availability of risk-free trades, personal consultant, and private webinars for the customers.
So after a while my deposit became three times as big as the initial one. In short, this broker gave me a totally new perspective on options. Most brokers offer some form of incentive in the name of a bonus. Unfortunately, when he requested for a withdrawal of $100, his account was blocked.
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Because of easy access to the financial markets through the platform Olymp Trade is very popular. In addition, it is very comfortable to trade there which we will prove in forex analytics the next sections. Olymp Trade is one of the most popular international brokers and trading platforms. This broker offers a simple and multi-functional user interface.
You can invest in these financial products in more than 200 different markets. Currencies, cryptocurrencies, stocks, ETFs, indices are available. It is not possible to withdraw the bonus amount but you can withdraw your profit which is made by the bonus amount.
Olymp Trade Forex Broker Reviews And Comments 2020 ..
As an online trader, you would like to know the deposit is insured and whether it can be recovered in case if the broker goes bankrupt. When compared to other brokers that are available in the market, Olymp Trade presents free registration to its members and it offers its traders 10,000 free credits. Olymp Trade can be described as an established broker that was launched a few years back. It is certified by FinaCom, forex analytics and is trusted by traders around the world. They have an easy to use portal and several educational resources which are available in 12 languages. At RoboForex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients.
Obtaining an account with Olymp Trade Mobile will initiate the analytics platform. Investors will receive insightful information that can benefit their strategies, with all support programs also commenced on the Olymp Trade Desktop Exchange. Those not willing to download the application to mitigate space removed on handsets, a mobile Foreign exchange autotrading browser-oriented version of Olymp Trade is also enabled. Mobile browsers like Mozilla Firefox, Safari, Explorer, and Chrome are supported. When it comes time to download the application for interested investors, access the Apple Store or Google Marketplace. The download is free and will take less than a gigabyte of space.
Their functionality layout for the menu isn’t standard to competing exchanges. Information on what products are available, payment services, support options, and countless other aspects to their operation isn’t acquirable. The OlympTrade menu prompts players towards the registration process. Inquiring a demo account and Olymp Trade Forex Broker Review reviewing their activities isn’t possible without providing sensitive information to a standard registration process. Investors must give sensitive details to the OlympTrade servers before having access to their products. This is concerning when considering the fact that honourable brokerages support demo accounts.
The standard account offers comprehensive benefits and the rate of return is excellent. The broker olymp trade imparts access to its training and educational materials, which helps the traders to train themselves on the platform. When compared to other trading platforms, this platform does not offer any incentive; instead, it offers a minimum amount to start trading. The company got a really good track record and more and more traders want to trade on their trading platform. Olymp Trade grows very fast and is at the moment the most growing online broker worldwide.
Even though several mobile apps are available in the market, Olymp Trade mobile app is very responsive and it offers several features for the benefit of its traders. The trader can add them in one click and they can customize anything on the portal.
These Market Makers are high value and high volume traders that account for over 90% of the 5 trillion dollars worth of trading done everyday for 24 hours throughout the 5 working days of the week. Olymp Trade is a well-known online trading platform, which was established in 2014.It offers many different assets, including binary options, which are a rare trading asset in forex brokers. Olymp Trade also has it own mobile application with more than 50M installations. Olymp Trade is a trading services provider that was created in 2014 in Saint Vincent and the Grenadines. It currently has 25,000+ active users, using either their Standard Account or their VIP Account.
Olymp Trades Bonus Promotions
With Olymp Trade, there is an option that traders can make a withdrawal, after completing the deposit. The maximum waiting time for a withdrawal request can take up to three days, but Olymp Trade attempts to finish the transaction as fast as possible.
Olymp Trade regularly provides the new trader’s promo codes to avail bonuses of up to 50%. When the new users are signing up, they will receive promo codes and a 50% bonus on top of their minimum initial deposit.