Olymp Trade New Review 2020

Whilst most of our data has been verified directly from these brokers, it can occasionally vary. We are not responsible for incorrect or outdated information within our online trading broker reviews and you should confirm all data directly with the broker. Rates, terms, products and services on third-party websites are subject to change without notice. Trading Brokers have spent thousands of hours researching and conducting in-depth analysis on hundreds of online trading brokers. Between 74-89% of retail investor accounts lose money when trading CFDs. 73.57% of retail investor accounts lose money when trading CFDs with this provider. CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage.

This broker claims that they are regulated by the international financial commission. One of the most distinctive features of this platform is it offers a very good education center, by offering 56 webinars along with 20 strategies and regular trend lessons.

How Do I Start A Trade On Olymptrade?

The users can use FTT and they can also trade Forex on the platform. Olymp Trade presents an excellent user interface and it is very easy to use. Besides, a new trader can learn about how to use the platform in just a few hours. If a complaint is placed with Olymp Trade and if it is not resolved in 14 days, the traders can contact FinaCom and have their problem solved.

• So, let’s back in 2013, the time when I came to trade with Olymp Trade.
• I speak not only about my earnings, but primarly about experience that company gave to me.
• – That was my first brokerage and I’ve tried to understand trading with BOOKS.
• Almost six years of my experience there was really positive.
• For the beginning, I created a demo account and started getting to know the platform.
• Then I found the community of traders on facebook and started to communicate with them at the same time learning their trading strategies and some small lifehacks.

I’ve recently come across Olymp and appreciate this good combination of fixed-time trading and classical Forex. By the way, I’m not interested in fixed-time trading. The terminal comes with a sufficient number of technical indicators to analyze my charts. Olymp Trade attracted me with its user-friendly web terminal.

Broker Types

It offers a wealth of information and technical analysis. If a user has a VIP account, they can look forward to additional perks along with one-to-one training sessions and also a few private webinars. Olymp Trade’s required minimum amount to deposit on the trading platform is $10. As per our Olymp Trade review, this trading platform offers a seamless trading online platform that presents the best features and functionalities. Olymp Trade is a fantastic trading platform to learn on, perfect for anyone looking to experiment with Fixed Time Trading, even if only to practice strategies. Though as a platform Olymp Trade does not adhere to usual fee structures and money-making practices, it is not a scam but an innovator in the realm of Fixed Time Trading. Within the United States, only a small number of US brokers are licensed to offer binary options.

A knowledge base comprising of FAQs is provided on the website. The FAQs are grouped under trading platform, financial questions and verification questions. The Olymp Trade social media platforms are facebook, Twitter, YouTube and Instagram. Demo accounts preloaded with $ in virtual funds are available to test the different trading platforms and conditions before opening a real account.

Forex

Not very many brokers offer the payout ratio more than 90%, and this is only for the certain currency pairs, and more often it appears as a promotion, which doesn’t last for too long. But Olymp Trade always has 92% payout ratio is constant for all the main assets . Just register, choose your language, and test it on demo account. High risk stuff, imho, but some people manage to profit.

Currently, the website has over 6.5 million users and over 20,000 traders based on Olymp Trade review 2020, who are using this online portal daily. Trading signals can be obtained by using technical analysis tools and the users can use these trading signals for making accurate predictions and executing profitable trades.

Well, Olymp offers a very intuitive web platform and enough tutorials. So, it took me one day to learn the basics of fixed-time trading. I’ve recently learned about fixed-time trading and decided to try this.

Olymptrade Company Information

The broker also has won more than 8 trading broker awards to its credit. At the 2018 forex awards, Olymp Trade won the ‘Best Trading Platform’ award. Other important awards are; ‘Best Options Broker’ which Foreign exchange reserves was won at the 2017 Forex Expo awards and ‘Innovative Broker’ which was won at the 2017 IAFT awards. Olymp Trade is also into sports sponsorship and has sponsored the LCR Honda team at MotoGP 2019.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. 79% of retail investor accounts lose money when trading CFDs with this provider. Olymp Trade is an unregulated broker with limited trading instruments. They offer educational resources, signals & analysis but do not have the popular MT4 trading platform. The client support department is always available 24/7.

Olymp Trade is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Olymp Trade.

Activities are regulated by the International Financial Commission. Also it offers an online contact form where the trader can use it to contact the customer support representative. They need to enter their first name, email address, message, and the contact number for the team to contact back. The Customer support offered by Olymp Trade has the highest rated feature. Olymp trade team is exceptional and the traders can get support through emails, phone support, and many more. They operate round the clock and they can be reached through email, live chat, or phone, and the questions are answered immediately within a few minutes.

The technical support desk operates 24/7 – multilingual team of specialists, reachable via e-mail, phone and live chat, will always be there to respond promptly and efficiently. The high quality of Olymp Trade services has been confirmed by 6 prestigious industry awards including Show FX World Prize and Forex Axes Forex Broker Review Expo. Olymp Trade is an international online trading platform that has offered its services since 2014. The Olymp Trade brand belongs to Saledo Global LLC, which is registered in St. Vincent and the Grenadines. customers worldwide and seeks to make Forex trading transparent and affordable to everyone.

Considering fees, this platform charges a fixed rate as on overnight fees for the trades done overnight, which are limited to 15% of the total investment amount. This academy is run by experienced traders who make sure that the traders are updated with the current skills that are required to trade. one of the most advantageous features of Olymp Trade is, it does not charge fees or commissions on the trades that are placed or on withdrawal. In this way, the user can keep whatever they have earned. The standard account holders can gain 80% on successful trades while VIP account holders gain 90% on successful trades. Olymp Trade presents proprietary website and a mobile app for Android and IOS. The Olymp trading app can be downloaded on the Google play store, and the Apple app store depending upon the device used by the trader.

Look, Trading Has Never Been A Simple Thing

As for the stock market, it was never interesting for me. Olymp Trade was one of the first search results I obtained once I input “fixed-time trading” in my search tab. I somehow decided to try exactly this broker first and then it turned out that I https://forexhero.info/ was right. I’ve been with Olymp Trade since the very beginning of the company. I remember how I spent hours reading useful articles and watching videos. And I’m grateful to the company that it provided such a convenient and easy platform to start.