User-Friendly Broker Registration For Beginners
Olymp Trade is an international broker that gives its users access to more than 100 financial instruments on its platform. Through this trading app, you'll be able to trade digital currencies worldwide in a secure and regulated setting.
This broker also provides a demo account, a complimentary service that allows you to practice your strategies without risking real money. Doing so can build your confidence as a trader before using actual funds.
Olymp Trade is an international broker
Olymp Trade is a multilingual broker that provides users with access to over 100 financial instruments on its platform, such as stocks, currency pairs and commodities. Additionally, it supports several cryptocurrencies like Bitcoin and Ethereum for added convenience.
This online broker boasts a user-friendly interface to make trading simpler for beginners. Its platform provides various tools and features like customizable charts, indicators, technical analysis windows - plus there's also a right-side screen with educational content and support chat support.
The Olymp Trade platform is accessible in a range of languages and works across both PC and mobile devices. Thanks to its user-friendly design and quick trade execution, it has become one of the most sought-after online brokers in the industry.
Its multilingual customer service team is available 24/7 via phone, email and live chat to answer your queries. Furthermore, there's an FAQ section for customers with common problems.
Olymp Trade provides traders of any skill level with an expansive library of educational materials, such as video tutorials, interactive chatbots and webinars. Plus it offers text materials on fundamental and technical analysis, money management strategies and trading psychology.
Olymp Trade provides a free demo account so you can test out its services without investing real money. This is an ideal way to learn the ropes and gauge how your strategies perform before making any commitments.
At Olymp Trade, the minimum deposit to open an account is just $10 - making it a perfect starting point for beginner traders who want to get into trading and start making cash quickly. With such a small sum of money, this amount can help new traders get started in trading and begin earning profits quickly.
Olymp Trade boasts an expansive community of traders from around the globe who can offer invaluable support as you learn the ropes of online trading. Through these support groups, you'll learn more about different strategies and techniques that will maximize your profits.
Olymp Trade boasts an exceptional support team that is available in eight languages to answer your queries. This ensures you will always have access to assistance when needed most.
It offers a demo account
Demo accounts offer traders the chance to practice their trading skills without risking actual funds, which is especially advantageous for new traders who can gain valuable experience without investing any of their own capital.
The Olymp Trade demo account is user-friendly and packed with features to make it a great option for new traders. With its user-friendly registration process, opening an account and starting trading takes only minutes - plus there are several educational tools like tutorial videos, economic calendars, and specialist webinars at no extra cost.
Olymp Trade is an international online broker that allows its users to trade on more than 80 popular assets. Its app offers a user-friendly trading experience, exceptional service and multilingual support 24/7.
Olymp Trade offers demo accounts to traders for a variety of purposes, such as testing different trading strategies and market conditions. Demo accounts also help traders decide whether or not they would like to switch over to a live account.
It is also an excellent opportunity to become familiar with the Olymp Trade platform and how it functions before depositing any real money. Furthermore, this is an ideal opportunity to test out a broker before opening a full-fledged real account.
To open a demo account on the Olymp Trade platform, all you need to do is log in with your email address and password. Afterward, select a currency pair for practice purposes. With this account, you have several weeks of flexibility to test out various markets, strategies, and time frames that work best for you.
On the Olymp Trade demo account, you can use real money to make some trades and then withdraw the profits and replenish your balance if desired.
Olymp Trade demo accounts are free to use and can be accessed anytime from your computer or smartphone. Plus, there's no click-bait here - you're actually encouraged to deposit up to $5000 in virtual currency!
It offers fractional units of stocks
Olymp Trade recently unveiled a feature that will be of great benefit to retail traders: fractional units of stocks. This allows investors to invest in small pieces of popular companies without spending hundreds of dollars. This option can be utilized by both novice and experienced investors alike in order to expand their portfolio size and diversify it.
The major advantage of this method is that it enables you to build your portfolio with smaller investments. This strategy, known as dollar-cost averaging, is popular among retirees in the United States.
Another key advantage is that fractional shares are much more cost-effective than individual shares, so you don't need to break your budget to take advantage of stock market opportunities. Traders can purchase a fractional unit of a share for as little as $1.30, giving them an affordable way to test out the market without risking too much capital.
To start trading on Olymp Trade platform, navigate to the stocks section and select a company. This will open the price chart for that asset. Clicking buy will bring up a window where you can purchase parts of that stock by entering either dollar amount or quantity. The system will calculate how many units are available according to what value was entered.
In addition to stocks, you have access to commodities and Forex trades. Plus, open a demo account so you can practice your strategies before risking real funds.
Demo accounts provide you with 10,000 virtual units of currency that can be replenished an unlimited number of times, giving you the chance to hone your trading skills before using actual money. It's an invaluable way to gain confidence in your abilities before using actual funds for trading.
The company's customer support team is available 24/7 via email, phone or live chat to answer all of your queries. Additionally, they provide detailed information about the features and functions of the Olymp Trade platform as well as helping you select which trading strategies suit best your requirements.
It offers a variety of trading tools
No matter your level of expertise, Olymp Trade provides the tools and educational resources necessary for success. Their MetaTrader 4 trading platform allows for desktop or mobile trading on any device, while their customer support team is available 24/7 in multiple languages.
One of the key tools Olymp Trade provides is a Stop Loss and Take Profit button, which can protect your account from losses when the market takes an unfavorable turn. The feature also proves beneficial for traders with large sums of money they want to keep secure.
Another useful tool is the Economic Calendar, which provides daily notifications about significant events that could influence currency, stock or cryptocurrency prices. These include inflation risks, employment rates, GDP growth and central bank meetings among others.
This indicator can be an excellent way to spot short-term trade opportunities. The Olymp Trade app features a Simple Moving Indicator (SMA) tool that may assist in selecting profitable entry points when combined with other tools or breaking news.
Olymp Trade offers the Trader's Way program, which guides novice traders through learning and skill development. This virtual mentor system acts as a springboard for traders to advance from Beginner to Advanced or Expert status by completing certain tasks within a designated amount of time.
Xperience Points can be earned by successfully completing various trading tasks, providing another unique way to assess a trader's level of expertise. Once collected, these points can be transferred onto an account at The Trader's Way or used for additional trading benefits in The Trader's Club.
Olymp Trade offers its customers a wide range of trading assets, such as 72 currencies, stocks, indices, commodities and cryptocurrencies. Each asset is fully described on the site so you can pick those which best suit your requirements.
Olymp Trade also provides a free demo account for users to practice their skills on before trading with real money. This is an invaluable asset for both beginners and professionals alike, as it helps develop your trading strategy or style. Furthermore, the broker provides 24/7 customer support in multiple languages as well as an extensive FAQ section that answers any queries you may have.