Olymp Trade Review - Sign in to Trading Terminal With Ease
Olymp Trade is an online trading and investing platform. Join millions of traders around the world and start earning money today!
Olymp Trade provides a broad selection of trading instruments, along with competitive clearing and exchange fees.
Traders can open accounts on both mobile and desktop platforms, using the MetaTrader 4 platform on both devices.
Fixed Time Trades
Olymp Trade is a modern trading platform that provides an array of services. Users can trade Forex, stocks, cryptocurrencies and commodities from their own computer or mobile device.
Olymp Trade recently unveiled their Fixed Time Trade (FTT) feature, enabling users to trade assets within five seconds. This revolutionary tool helps traders make quick decisions with confidence while increasing their profits by up to 90%.
Forecasting forward-looking trading (FTT trading) involves making an accurate prediction about whether an asset's price will move up or down over a given period. Traders open an order that will close when their predicted level is reached.
As a novice, it's essential to recognize that no expert can accurately forecast price movements with 100% certainty. However, you can reduce risk by employing hedging strategies.
When selecting a FTT strategy, it is important to be mindful of its expiration time frame and amount invested. Furthermore, make sure the strategy has sound technical analysis backing it up.
In addition to the time frame, you should take into account both your forecasts and current market activity. Doing this will enable you to make informed decisions regarding price movement direction and maximize profits.
The company also offers a partnership program that rewards members who refer other traders to its website. Partners receive income from a portion of the commissions earned from referrals.
Olymp Trade offers all new users a complimentary demo account to test out the platform before investing any of your own funds. This is an ideal way to evaluate whether Olymp Trade is suitable for you.
To trade FTT, you must first log into the Olymp Trade trading terminal and select a time frame. You have two options: 5 minute or 15 minute expiration.
You have the freedom to set the time your FTT trade will open, such as 30 or 60 minutes. Furthermore, you have the option to close the trade early if you believe the price may move in a different direction than anticipated.
The Olymp Trade website is accessible in multiple languages, such as English, Russian and German. Its customer support team is responsive and available 24 hours a day. Furthermore, the site is secure with multiple payment methods accepted.
Forex
No matter your level of experience or knowledge, Olymp Trade has a trading solution tailored to fit. Their cutting-edge trading terminal allows you to effortlessly navigate multiple instruments and watch your portfolio grow in real time. Plus, their services are available across various languages and currencies with excellent customer support team. Olymp Trade also has a demo account so that you can try out their software without risking any of your own funds.
The Olymp Trade is one of the oldest and most reliable online forex brokers on the market. Regulated by Cyprus Securities Exchange Commission (CySEC), they provide a range of forex products, such as their ETF (Olymp Trade ETF). Furthermore, they provide custom trade management solutions for retail and institutional clients alike. With numerous awards under their belt for outstanding service, Olymp Trade continues to add new features to their suite of trading solutions.
Stocks
Omp Trade provides a wide selection of forex and CFD products, as well as stock trading options. Due to the lack of liquidity in the equity space, they have searched for the most cost-effective solution to serve their clients. With an expansive clientele spread around the globe, their small but dedicated back office support team is always ready to assist their clients with their trading goals.
Cryptocurrencies
On Olymp Trade, traders can trade on a wide range of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and the Basic Altcoin Index. This index is built from 70 popular cryptocurrencies trading at once and allows investors to trade crypto quotes without risking their own funds.
Olymp Trade provides many features designed to make trading cryptocurrency simpler. For instance, it provides professional trading tools not available from typical crypto exchanges, such as Take Profit and Stop Loss options; plus a multiplier feature that multiplies your trade size up to five or ten times the amount invested - providing additional profits while reducing risks in these volatile markets.
The Olymp Trade platform also offers educational resources for traders. These include price predictions that could guide informed trading decisions. Furthermore, video tutorials are provided with easy-to-follow language so both novice and experienced investors can learn more about the cryptocurrency market and hone their trading skills.
Signing up to an Olymp Trade trading terminal is a breeze, and you can open a demo account immediately. To complete the process, you'll be asked for some basic information such as your identity, confirmation of payment method, and mobile number for security purposes.
Once you're ready to begin trading, select the currency you wish to buy and click "Buy". Afterwards, you will receive a wallet which stores your new digital asset; either software or hardware wallets work equally well and provide equal levels of safety and security.
Purchasing cryptocurrency on most exchanges is a straightforward process. Just transfer the desired amount to your exchange account, and they'll credit your wallet with the appropriate unit of crypto currency less any commissions or fees. From there, you can withdraw your new asset into a digital wallet or convert it back to fiat currency if desired.