Olymp Trade Review - Safety and Reliability
Olymp Trade is an international broker that gives its users access to over 100 financial instruments on its platform. Utilizing the MetaTrader4 platform, this trading app boasts low clearing and exchange fees as well as educational materials and tools designed to help you become a successful trader.
It also offers a partnership program that rewards affiliates with referral commissions. To be eligible, partners must be experienced and licensed traders.
MetaTrader4 platform is an advanced trading software that enables traders to trade a range of financial markets. It offers an intuitive interface for analyzing and trading currencies, stocks and futures markets; plus it enables traders to create automated trading strategies.
This popular platform is built upon the MQL4 programming language and provides a range of tools for technical analysis, such as Expert Advisors (EAs). Furthermore, users can create algorithmic trading programs that automatically execute trades based on market data.
MT4 is one of the most sought-after forex platforms, suitable for both novice and experienced investors alike. It boasts an abundance of educational materials, tools, and videos to assist traders at all stages of their career.
Expert Advisors and robots are just two of the automated trading tools offered by MT4. These can help automate trades and eliminate the need for daily market analysis. Furthermore, MT4's user-friendly interface features various charts and candlesticks that make analyzing the market easier than ever.
Another outstanding feature of this platform is its capability to copy deals from other traders. With this function, traders can select a signal provider, subscribe to their signals and have their terminal copy their trades without ever leaving the platform. There are thousands of free and paid signals with various profitability and risk levels available on both demo and real accounts.
MT4 provides a comprehensive array of analytical tools to help traders find the optimal time to trade, identify trends and enter/exit points, track price movements across 9 time-frames, and access 30 built-in technical indicators for an in-depth assessment of prices. With such comprehensive capabilities, it has become one of the leading trading platforms worldwide.
MetaTrader4 can be used to trade CFDs, commodities and indices - an excellent way to diversify your trading portfolio. Furthermore, you can utilize the Economic Calendar to stay abreast of events that could potentially impact your investments.
Before investing any real money, it is wise to first try the MT4 platform in a demo account. This will give you time to become acquainted with its interface and practice your skills before placing actual trades. Plus, this is an ideal way of deciding if this platform is suitable for you. With a demo account, you can test various trade types such as forex, indices, commodities and CFDs.
Fixed time trades
Olymp Trade provides Fixed Time Trades (FTTs) across a broad range of markets since 2014. Established in 2014, the firm boasts more than 25k daily active traders.
Trading this type of trade involves predicting whether an asset will rise or fall over a given period. If your prediction is correct, you earn money; if incorrect, you lose.
Olymp Trade provides a broad selection of trading instruments and assets, such as currencies, stocks, cryptocurrencies, commodities, energy and indices. In addition to fixed-time trading options, it also provides leveraged CFDs.
One of the greatest advantages of Olymp Trade is that you can open a demo account without risking your real money. Start trading with 10,000 virtual units and gain valuable experience before investing your own funds.
When trading with Olymp Trade, you can rest assured knowing your funds are protected by the International Financial Commission. This designation means you may receive up to EUR20,000 in financial compensation if ever dissatisfied with your experience.
Another attractive aspect of this broker is its customer support team. Available 24/7 via email, live chat and phone, you can contact them for additional benefits like higher trading limits and faster withdrawals. Plus, with a VIP account you'll get even faster access to these resources!
Funds can be deposited and withdrawn using several payment methods, including credit cards, debit cards, wire transfer, and e-payment solutions. The minimum deposit requirement is just $10 - one of the lowest in the industry.
The website also provides an FAQ page that outlines how to withdraw funds. Withdrawals can be made within five business days and processed promptly.
Olymp Trade provides a selection of payment methods to make transferring funds easy. Customers can utilize PayPal, Skrill, Neteller and other e-payment services.
Olymp Trade also provides a mobile trading app that is compatible with iOS and Android devices, making it simple to plan trades from the office and monitor them while on-the-go.
Olymp Trade is a reliable broker that offers fixed time trades across various asset classes. Additionally, it provides traders with cutting-edge trading tools and educational materials to help them make informed decisions.
Low minimum deposit requirement
Olymp Trade is a regulated broker that offers traders numerous resources to aid them in their success. The company provides educational materials, a demo account, and trading strategies so clients are well-prepared when investing their funds.
Olymp Trade also provides a selection of e-wallets that integrate with its platform to expedite processing and transfer of funds. These e-wallets enable users to make deposits or withdrawals without worrying about banking fees or wallet charges, plus they can even bypass standard verification processes for faster transactions.
Olymp Trade offers a low minimum deposit requirement of just $10, making it an ideal option for those just starting out in forex and cryptocurrencies who want to gain knowledge before investing actual funds. Furthermore, they support various depositing and withdrawing methods like cryptocurrencies, bank cards, and digital wallets.
Another beneficial feature of Olymp Trade is the free demo account it offers traders. This account works in exactly the same way as real accounts and lets them practice without risk. Plus, it comes with 10,000 virtual coins which can be replenished an unlimited number of times.
Olymp Trade is an international broker that provides a wide selection of features and tools to suit your trading requirements. Its user-friendly platform covers over 80 financial assets such as ETFs, cryptocurrencies, stocks, commodities and indices with ease - accessible both desktop and mobile devices for convenient access.
One of the key advantages of Olymp Trade is its low minimum deposit requirement - one of the lowest in the industry. Furthermore, it provides a wealth of resources and training materials for traders of all expertise levels.
If you're new to online trading, Olymp Trade boasts an outstanding customer support team that is available 24/7 to answer any queries. They also provide a wealth of educational resources like webinars and economic calendars.
Olymp Trade boasts a sophisticated platform with multiple tools for analysis and price tracking. Its website is user-friendly, accessible in eight languages.
Olymp Trade offers all the essentials for online trading, whether you're new to it or an experienced pro. They provide 24/7 support, a free demo account and educational tools - just to name a few of the benefits traders receive when they join.
At Olymp Trade, our customer service team is available 24/7 to answer your queries in eight languages and work hard to resolve your problems promptly. If a platform error causes you to lose money due to an error on our end, Olymp Trade will cover up to EUR20,000 of losses as part of our commitment to client satisfaction.
Olymp Trade is dedicated to upholding the highest standards of security and service. As a fully licensed broker, we follow all regulations set by the International Financial Commission for your safety when trading.
At Olymp Trade, all accounts are subject to Know Your Customer (KYC) verification. This helps guarantee that only legitimate individuals can hold an account with us. Furthermore, this process helps prevent people from opening fake accounts in order to defraud unsuspecting clients.
Olymp Trade offers several measures to safeguard your account from potential fraudsters, such as KYC protocols, limits and scam protection; deposit insurance; and swift resolution of any issues you may encounter.
Another way to secure your funds is by selecting a secure withdrawal method. This involves using an encrypted connection and using an established payment gateway.
You can protect your investments by steering clear of high-risk securities such as stocks. Instead, invest in Olymp Trade's Stocks mode which allows you to purchase fractional shares of popular companies without risking too much of your hard-earned cash. This way, you can make the most out of these businesses without risking too much of it.
In addition to all these advantages, Olymp Trade provides its users with a selection of competitive features designed to make trading more fun and rewarding. These include tournaments and local contests as well as XP-based competitions for daily, weekly or monthly prizes. With these advantages you can climb closer towards the top of our leaderboard and reach your trading targets faster!