Olymp Trade Review
Earn money with Olymp Trade's trading platform for online trading and investments! Join millions of traders around the world!
As a responsible broker, Olymp Trade provides free demo accounts so you can test out strategies without risking real funds.
Multiple account registration options
The Olymp Trade trading platform is one of the most accessible on the market, featuring both desktop and mobile apps that work across both Android and iOS devices. Furthermore, its wide selection of assets and markets make it ideal for many traders.
Trading newcomers to Olymp Trade can get started by signing up for a demo account that provides US$10,000 in virtual funds. This will give them an overview of how the platform works and let them decide if it meets their needs.
For new traders, the Olymp Trade education suite can be an invaluable resource. This includes video tutorials and text materials on money management, trading psychology, fundamental and technical analysis. Plus, it provides access to a free demo account so you can test out your strategies without risking actual funds.
Olymp Trade is a broker dedicated to offering its clients the highest level of customer service. They provide various communication channels such as phone, live chat and email; plus their support team is available 24/7 to answer questions in multiple languages.
The trading platform is secure, featuring the latest data encryption. Users can deposit and withdraw funds using bank cards or eWallets such as Neteller and WebMoney.
Additionally, the site allows clients to download copies of their trade history and reports. This is essential as it guarantees accurate recording of transactions.
When selecting a broker, it's essential to find one that offers an extensive selection of asset and trading options. Doing this can help minimize losses and maximize profits.
If you have any inquiries regarding Olymp Trade trading platform or its services, you can reach a member of their support team via telephone, email, or live chat. They are available in eight languages and strive to guarantee their clients have an enjoyable experience working with the company.
Olymp Trade boasts a substantial customer base across several countries, such as Asia and North America. Furthermore, they are proud members of the International Financial Commission which guarantees client deposits are safeguarded - providing peace of mind to new traders who may be worried about their funds' safety.
Fixed Time Trades mode
The Fixed Time Trades mode is one of the trading options available on the Olymp Trade platform. It enables traders to trade a variety of assets, such as stocks, currencies, metals and indices without needing extensive analysis. Nonetheless, it's not completely risk-free - you must invest some money in order to reap profits.
To learn how to trade this mode, you need to be familiar with the market and Olymp Trade platform. To begin trading on their site, register an account (you can either use a demo or real trading account depending on your preference). After your account is set up, you can start trading with as little as $10 deposit!
Before entering into a real trade, it's wise to become acquainted with the chart and understand what the market is doing. You can also check the trend and support levels of an asset to accurately forecast whether it will increase in value or decline. This way, you won't make a hasty decision when placing your trade.
Additionally, you can use an RSI oscillator to generate signals that indicate when an asset is overbought or oversold. For instance, if the RSI line rises above 70, then you should assume the asset has become too overbought and may soon experience a downward correction; in such case, open an UP trade.
When using this strategy, it is essential to set the RSI oscillator period at 5 minutes and apply Japanese candlesticks for more precise signals. Another rule to follow is waiting for a buy signal before opening a trade, and for a sell signal before closing it.
Another useful feature in Olymp Trade Fixed Time Trading mode is the Pending Orders indicator. This tool helps monitor market potential price changes and opens a trade only when the current value has reached a predetermined level. It makes trading simpler and more efficient for beginners.
The Olymp Trade platform is an intuitive web terminal that offers access to over 70 assets, such as indices and forex pairs. It also provides support tools for chart analysis like horizontal and trend lines which can help identify levels of resistance or support, along with other useful data.
Olymp Trade is an internationally renowned online broker that provides its services to clients from various backgrounds. They specialize in offering various trading instruments such as currencies, indices, commodities and crypto-currencies; furthermore they provide various deposit and withdrawal options.
They accept deposits of up to $10, which is among the lowest minimum requirements in the industry. Furthermore, they accept withdrawals from various payment methods including credit cards and e-wallets.
The broker's customer support team is available 24/7 to answer your queries and guide you through the setting up of an account. They may even give you a complimentary demo account so that you can practice your skills without financial commitment.
With Olymp Trade, you gain access to an elite community of traders with millions of followers. These individuals are dedicated to providing you with the latest news, insights and trends in financial markets. It is an ideal space for finding new ideas and strategies as well as connecting with like-minded traders.
Olymp Trade is one of the top brokers in the industry and has earned a reputation for delivering superior services to their customers. They have earned many awards for their efficiency and excellent customer service.
Their platform is widely regarded as one of the most user-friendly on the market, featuring a desktop version that's fully customizable and accessible via their mobile app (iOS and Android). Furthermore, this platform supports MetaTrader 4, ensuring trades are executed quickly without any delays.
The Olymp Trade platform is highly secure, as it is a member of the International Financial Commission. This organization protects its members' investments up to $20,000 in case of disputes.
FinaCom, an external dispute settlement agency, offers traders legal protection in case they have disputes with the company. This unique insurance coverage is not typically provided by most brokers.
Olymp Trade's team of developers, financial experts and support personnel is dedicated to helping traders reach their financial objectives. They continuously seek ways to enhance and perfect the Olymp Trade platform so that users receive an even better service. Their mission is simple: help every trader realize their aspiration of financial freedom.
Free demo account
Demo accounts offer a safe and risk-free way to test the platform before trading with actual money. They're also great for learning from mistakes made in a controlled setting.
Olymp Trade offers all customers a free demo account of $10,000 that allows you to practice trading strategies and test out the platform's features before opening a live account. It's an ideal way to test out Olymp Trade's reputation and determine if it is suitable for you.
It also boasts an impressive library of educational resources, such as books, explainer videos, trading webinars and price forecasts. Furthermore, its customer support team is available 24/7 via email, phone or live chat for assistance.
For new traders who are unfamiliar with a broker's platform, having an experienced trader to guide you through the process can be invaluable in avoiding costly errors that could cost you your capital.
To open a demo account, you need to provide basic information about yourself. This includes your name, age, address and valid email address. Furthermore, you must supply an acceptable method of payment.
Once you provide these details, you can access a demo Olymp Trade account immediately. This is the ideal way to learn how the platform operates and decide if it's suitable for you.
With your virtual account, you can trade the same virtual assets as you would on a live account - including stocks, forex and CFDs. Plus, their Fixed Time Trades mode is popular for new traders as an accessible learning tool.
Additionally, you can deposit up to $10 on your demo account. Withdraw funds at any time and manage your money more conveniently - it couldn't be simpler!
Olymp Trade offers its users a mobile trading app. This enables them to trade from anywhere with their phone or tablet, available in 8 languages and compatible with both Android and iOS devices.