Olymp Trade MetaTrader 5 Review
A trading platform for online trading and investments from the broker Olymp Trade. Start earning money with millions of traders worldwide!
Olymp Trade is regulated by FinaCom and offers its customers a free demo account. This is helpful for beginners who want to test their skills before starting with live trading.
Traders looking for a trading platform that has the features they need can choose MetaTrader 5. It offers superior tools for price analysis, automated trading applications through robots or expert advisors (EAs) and copy trading.
This software is available in desktop, web and mobile versions. It is also a platform that provides 24-hour customer service and support.
It allows you to trade in a number of different markets, including currencies, stocks and futures. It has a variety of tools for technical and fundamental analysis, as well as an economic calendar and real-time international news streams.
The platform supports two order accounting modes: netting and hedging, as well as the option of trading multiple positions simultaneously. The One Click Trading function allows you to make orders quickly, and the Market Depth feature lets you view liquidity on a tick chart and see prices at any time.
In addition to the built-in analytical objects, MetaTrader 5 has 21 time frames, from one minute to a month, so you can analyze even minor price fluctuations. You can open up to 100 charts at once, and 80 technical indicators are available.
MetaTrader 5 also includes a range of automated trading tools, including expert advisors that can perform trades automatically using pre-determined criteria. Alternatively, you can create your own custom indicators and scripts that perform almost any function on the platform.
Olymp Trade offers a demo account that you can use to practice and assess the functionality of the platform before committing your own money. You can register for this account with a few simple details, and you can trade with 10,000 virtual units of currency before deciding to open a full account.
It is a safe, secure and reliable way to place and execute trades, and it is backed by an external dispute resolution body that covers all funds in your account up to EUR20,000. You can deposit and withdraw money to your account with the broker directly or via your bank's website or app.
It is a powerful multi-asset platform that offers advanced financial trading functions and superior analysis tools for trading Forex, exchange instruments and futures. It is designed for day and swing traders, as well as professionals.
Olymp Trade offers a variety of assets
Olymp Trade provides its users with access to multiple assets including currencies, cryptocurrencies, stocks, and commodities. The broker also offers a variety of educational materials that can help beginner traders learn how to trade effectively.
The company's platform is known for its user-friendly interface and ease of use. It is also available for mobile devices and supports a variety of languages.
In addition, the broker's support team is available 24 hours a day to answer questions and help traders make informed decisions about their trading activities. They can be reached via email, phone, and live chat.
As a result, the company's customer service standards are at par with industry practices. The website's FAQ section is also extremely helpful, and it allows clients to get answers to their most frequently asked questions.
Olymp Trade is a member of the International Financial Commission (IFC), which means that it puts safety measures and precautions before profits. This ensures that all of the company's operations are carried out in a safe and secure manner.
The broker's security features include an extensive list of payment options, which includes credit cards, e-wallets like skrill, Neteller, and WebMoney, and other methods. Moreover, the broker does not charge any fees for deposits or withdrawals and allows a minimum withdrawal of $10.
Traders can choose from more than 80 different assets and invest in them using the MetaTrader 5 platform. The platform is free to use and allows traders to place orders with leverage as high as 1: 400.
In addition, Olymp Trade offers a demo account that allows traders to practice their skills without risking any money. They can then transfer this experience to their real-money accounts.
Olymp Trade is regulated by the IFC and has repeatedly demonstrated its dedication to maintaining high standards of service. This is a good sign that the company keeps the interests of its clients in mind at all times.
Aside from the demo account, Olymp Trade also offers a standard and VIP account. These accounts have higher limits than the standard account and offer more training resources and tools. In addition, VIP account holders can access a VIP consultant who can provide additional advice on which trades to make.
It offers a demo account
A demo account is a great way to learn the basics of trading and get acquainted with the Olymp Trade platform. It’s also a useful tool to test your trading strategies before you start investing real money.
Olymp Trade is a free online trading platform that offers more than 70 assets to choose from. It also has a wide variety of tools for forex and fixed time (FTT) trading. Its interface is simple and self-explanatory, and it is easy to use even for beginners.
Traders can open positions using leverage of up to 10 times the amount they are investing, which helps them maximize their potential gains when trading in the forex market. It also allows them to amplify volatility and earn more profits if the market conditions are favorable.
It also has a 24-hour customer service that is available by phone, live chat and email. Its support team is responsive and helpful, and can answer your questions in 8 different languages.
The platform is regulated by FinaCom PLC, and it is a legitimate and legal online trading platform. Unlike some of its competitors, it offers a safe and secure environment for traders.
There is also a community of professional traders on Olymp Trade that has over a million followers. This is a valuable resource for learning from experts and discussing the best strategies for maximizing your success on this trading platform.
Another advantage of Olymp Trade is that it has an extensive education center, which includes a video library, webinars, and tutorials. It also has a live education center that gives traders the opportunity to interact with their mentors and other professional traders.
It is important to remember that the risk of losing money is always higher in trading than gaining it. Therefore, it is best to consider your losses before considering your profits. This will help you make the right trading decisions and avoid losing too much money on a single trade.
Olymp Trade has a free demo account that is filled with virtual money to imitate the real-money trading experience. It can be opened with one click and is unlimited.
It offers a 24-hour customer service
Olymp trade is an online trading platform that allows you to trade a variety of assets. It also provides a number of tools that will help you learn more about the market and improve your skills.
The Olymp trade website uses the latest encryption technology to protect your personal information and ensure your funds are safe. Traders can also choose from a wide range of deposit and withdrawal methods.
A free demo account for 10,000 units is available to new users who want to test out the platform before they invest any money. Traders can also upgrade their accounts for free as long as they meet a certain threshold.
Several free tutorials are available on the Olymp Trade website, and there are a range of webinars that can be attended by members of the platform. These can be accessed in multiple languages and are designed to help you improve your financial literacy.
Olymp Trade offers a 24-hour customer service that answers queries quickly and efficiently. They can be reached via email or through a live chat. If you’re not satisfied with the responses you receive, you can request a refund or file a complaint.
It is important to remember that CFD and forex trading is a very high-risk business. Despite promises of returns of up to 92%, traders should always be careful and seek advice from a qualified professional before investing any money.
OT clients also benefit from a range of educational resources, including webinars, expert analytics, and economic calendars. OT is dedicated to providing its clients with everything they need to succeed in the market.
The company’s mobile application is a great tool for efficient trading, as it lets you access educational materials and make deposits and withdrawals from your account. It also provides an excellent platform for communication with customer support and can be downloaded for free on iOS and Android devices.
Olymp trade is an international broker that is regulated by the International Financial Commission (IFC). Although this body does not offer the same level of protection as bodies like the UK Financial Conduct Authority and the CySEC, it is a safe option for traders who are looking for peace of mind.