Olymp Trade - Create Account Quickly and Hurst-Free
Olymp Trade makes online trading and investing easy and secure with its low minimum deposit and demo account options that are ideal for beginners.
It also offers a selection of resources and training materials that both novice and experienced traders can utilize. This includes webinars, how-to videos, as well as technical guides.
Open an account
Omp Trade is a platform designed to make creating an account easy and painless. You can view your import/export records on US Customs, keep an eye on competitors, get freight forwarding leads, and enforce exclusivity agreements - even use our free demo account before investing! However, please keep in mind that broker platforms do not automatically become OMPs; only those platforms meeting certain criteria outlined in Article 2(4) of Commission Implementing Regulation (EU) No 1348/2014 can do so. Furthermore, executing brokers do not need to be listed as REMIT market participants since they don't bring together multiple third parties in order to execute transactions for their clients.
Get a free demo account
If you want to try trading without risking any of your own funds, Olymp Trade offers a free demo account. These accounts can be used for stock, forex and CFD trading and give users the chance to experience all the features of an actual trading platform before they commit any funds.
Demo accounts can be an excellent learning tool for trading and developing strategies, but they come with some drawbacks. They're not suitable for long-term trading and may encourage overly aggressive trading or leverage use that could wipe out your account when trading with real funds.
When trading, discipline and patience are essential. Only open a live trading account when you have an established strategy that has proved profitable in a demo account; this will help you avoid mistakes and learn to control your emotions better.
Additionally, you should be aware of the distinctions between a demo account and live trading account. Here are some common points to keep in mind:
Deal Rejection - Demo accounts usually go through as requested, but this isn't guaranteed when trading with real funds. When trading live, price changes between submission and execution may lead to deal rejection.
Leverage - Some brokers may provide higher leverage in demo accounts than they do during live trading, but this can be detrimental for new traders who lack experience to know how to properly control it.
Overtrading - Many new traders make the mistake of overtrading in their demo accounts, believing they'll be able to recoup their initial deposit by winning multiple trades. Unfortunately, this can be a costly error as there's little likelihood you'll be successful trading live when emotions and market conditions come into play.
Success in trading requires having a sound strategy and risk management plan. Furthermore, only trade with money you can afford to lose; that is why experts suggest only risking 1% to 2% of your capital on each trade.
No matter your trading skill level or experience level, Olymp Trade has something for you. Start trading in minutes from anywhere with our range of platforms tailored to suit your style. Plus, our dedicated support team are here to assist you every step of the way. Let us show you what we can do for you today - connect with us and see!
Start your Olymp Trade trading experience by creating an account on our online trading platform. As a member, you can trade across more than 10 global exchanges and take advantage of some of the industry's most competitive clearing and exchange fees. Furthermore, our range of features and tools will help make your journey successful.