Olymp Trade Review - Low Minimum Deposit and Convenient Funds Withdrawal Process
Olymp Trade is an ideal platform for beginner traders due to its low minimum deposit requirement. This makes it simple for traders to transition from demo mode into actual money trading with minimal risk and expense.
Olymp Trade provides a diverse selection of payment methods, such as bank wire and various e-wallets. Plus, the platform provides customer support 24 hours/day/ seven.
Depositing funds
Depositing funds is a critical step in online trading. Make sure your broker offers reliable customer support and competitive prices, plus check that the minimum deposit amount and currency support are supported by the platform you select.
The Olymp Trade platform supports multiple payment methods, such as debit/credit cards, e-wallets and bank transfers. With its low minimum deposit of $10, trading on this platform is accessible even for those with smaller funds reserves.
It also offers a demo account for new traders, making it simple to practice trading strategies before investing actual funds. Furthermore, it provides numerous educational resources and tools designed to help investors make better investment decisions.
To deposit funds with Olymp Trade, you'll need a valid credit or debit card that is registered in your name. You will be asked for the card number, expiration date and CVV code (a three-digit number on the back of the card). After entering these details, Olymp Trade will process your deposit instantly.
Once you've deposited funds, you can check the balance in your Olymp Trade account. Additionally, you'll have full control over transactions and withdrawals. Plus, contact our support team for expeditious solutions to any problems that may arise during the process.
Olymp Trade is an established online trading platform with more than 25,000 daily users and a monthly turnover of more than $170 million. The company has earned numerous industry accolades, such as "Best Trading Platform" in 2018.
This broker is located in St. Vincent & the Grenadines, which has a reputation for lax regulatory standards. Despite this, it is an accredited member of the Financial Commission and verified by Verify My Trade.
Olymp Trade is an ideal option for novice investors searching for a secure and dependable trading platform. With its low minimum deposit requirement, high-quality platform, and various features designed to help beginners learn how to trade, as well as its great community of traders who provide advice and share their expertise, Olymp Trade provides ample opportunity for learning with its wide array of educational tools and dedicated customer support team.
Withdrawing funds
Traders looking to withdraw funds from Olymp Trade have several methods, such as bank wire, credit/debit cards and various e-wallet options. All of these options are user friendly with fast processing times.
To withdraw funds from a trading terminal's main screen, open a withdrawal request by clicking "Withdrawal". This will take you to a special page with all necessary details filled out. Enter the amount desired for withdrawal and confirm it; after which, the broker will transfer the money onto whatever payment method was used when depositing it.
Standard account holders usually experience a delay in withdrawal processing of 24 to three days. On the other hand, VIP investors tend to experience less wait time.
Withdrawing money on Olymp Trade is a straightforward and convenient process, though it's important to note that the minimum withdrawal amount is $10. This amount acts as an incentive for new users, but also ensures your funds return to the payment method you used when depositing them.
Olymp Trade provides its clients with a free demo account so that they can practice trading on the platform before depositing real cash. This is an invaluable opportunity to become acquainted with the platform and its features, especially for newbies who have limited expertise in online trading.
The Olymp Trade website also features an FAQ section and online chat option, both accessible twenty-four hours a day to answer any queries you may have. The FAQ contains answers to many common queries traders encounter, while the online chat allows users to speak directly with a technical specialist for faster assistance.
Olymp Trade is regulated by the International Financial Commission, making it a reliable and secure option for traders. This regulation guarantees all financial transactions adhere to applicable laws, with any potential conflicts handled professionally by an established organization.
Recovering lost funds
If you've lost money trading with Olymp Trade, don't despair! A specialist team called MyChargeBack can assist with this process and is available around the clock to help consumers worldwide recoup millions of dollars in losses.
MyChargeBack is an international, independent company that helps consumers reclaim funds charged for online purchases. They provide a range of services designed to make reclaiming your funds as quick and effortless as possible; in some cases, they may even help you regain losses if you have been scammed.
MyChargeBack not only recovers lost funds, but they offer advice on how to avoid being taken advantage of by scammers. Their free, no-obligation service helps you find the right solution for your specific circumstances and safeguards your financial future.
Olymp Trade is an established online broker that offers trading on various assets such as stocks, forex, indices and commodities. Furthermore, they provide a wealth of trading tools and educational materials to help investors gain insight into their markets.
They provide a demo account that enables you to practice your trading and money management strategies without risking real money. This is an invaluable resource for new traders, enabling them to hone their skills before investing actual funds.
Olymp Trade also provides its YouTube channel, featuring thousands of videos from professional traders and analysts. These videos can teach you about price predictions and help you make informed decisions before initiating trades.
The Olymp Trade website also showcases the firm's charitable activities and support it provides to local communities. Following natural disasters in Vietnam, Indonesia and Egypt, Olymp Trade team members joined forces with local partners to provide relief to affected families.
This is an inspiring way for the Olymp Trade team to demonstrate their dedication to helping everyone equally, regardless of financial status or background. Their charitable activities include providing food, personal hygiene supplies and other essential items to families in need.
The Olymp Trade team has built a community with the mission to assist its customers in succeeding. They provide various trading resources, such as free demo accounts, educational videos and seminars, tournaments and giveaways - all with the goal of creating an environment which encourages everyone to prosper and share in any profits generated.
Customer support
Olymp Trade is a reliable broker known for its superior customer support. It also provides traders with various tools and resources to develop their skillset, such as its blog and webinars which provide invaluable instruction on trading techniques.
Olymp Trading is an expansive online trading platform offering access to over 80 assets and two trading modes: Forex and Fixed Time Trades. Its user-friendly design facilitates efficient navigation and quick trade execution.
This platform can be accessed on desktop computers as well as through an app for Android and iOS devices. It provides a variety of useful features like real-time price monitoring and economic calendars.
On the Olymp Trade platform, users can trade currencies, commodities, indices and cryptocurrencies. Furthermore, the broker provides a demo account for novice traders to hone their skills before depositing funds into an actual account.
Customers of Olymp Trade can get support with their trading strategies and investment decisions from the Olymp Trade team, who they can reach out to via email or phone and get all their questions answered.
In addition to email and phone support, Olymp Trade also provides live chat support that is available 24/7. This live chat feature can help resolve any issues quickly and efficiently.
Olymp Trade is proud to be a member of the Financial Commission (FinaCom), an external dispute resolution body for online brokers. This enables it to offer fraud detection coverage of up to EUR20,000 per trader and settle any disputes that might arise between traders and their brokerage.
Olymp Trade, a class A member of FinaCom, is an established and secure trading partner for traders worldwide. Its certification process guarantees all transactions adhere to all relevant regulations.
The company's mission is to make the world a better place by improving people's lives. They accomplish this through education and training tools for traders, as well as offering an array of social activities like tournaments and charitable projects.