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Because it was only here that I saw trading as a real business and was able to appreciate all its opportunities...
I've got acquainted with many indicators here, set up the chart as I like, and I always use the demo if I find something interesting by strategies...
I'm trading with OT for 3rd month, came there by friend's suggestion. What advantages I see:
1. Educational platform - I'm learning now
2. Free and refreshable demo - you can trade demo as long as you need, if you want - you can refresh demo
3. Interesting trading platform. As I know, there's MT4 also, but I like OT trading platform (don't know it's official name), as it's native and easy for me, as for beginner.
Hi, dear Patrick!
Thank you for the review of our platform. We are proud to provide a useful educational base, free demo-account, and a convenient terminal for the benefit of our traders.
Best regards, Olymp trade team.
But I can already say for sure that you have to constantly learn and develop in the market, otherwise you will not be able to achieve high results. And here you can't get help from a broker with some amazing services or valuable recommendations from colleagues. In this case, everything really depends on you. And the sooner you realize that, the better.
At the beginning, in any situation, especially when I did not earn - blamed the brokerage company. It seemed to me that it was impossible to make a competent analysis or to insure yourself. But eventually I realized that I have everything I need, but I do not have the patience to finish what I started. And when I realized it, everything started to work out, and now I feel confident, because I understand exactly that everything depends on me.
Nalmewid, hello there!
Thank you for the review of our platform. It is always important to be patient to finish what you started. We are glad that you came to this eventually. Have a successful trading and productive education!
Best regards, Olymp trade team.
You won't find conditions like Olymp Trade provide! First of all, of course, I look at the presence of the regulator, if you are an experienced trader, you have learned from experience to check it first. You can open an account from $10, and there are also bonuses and huge client support.
Thank you for the feedback, dear Emiliano! Have a prosperous trading. Best regards, Olymp trade team.
Olymp Trade is a great broker. I was invited by link by a friend and I was a bit skeptical at first. But you can open an account and check for yourself from $10 as min. So I didn't think about it for a long time. I opened an account and understood how much Olymp Trade is better than my old brokerage! Comfortable website, my favorite MT4 platform, and 24/7 client support. So now I trade with this broker and I'm very happy with its work. I've never regretted changing a broker :)
Hi, dear Albert!
We are really happy that you've changed your first impression to a positive one. We will continue making the platform better to keep you satisfied!
Best regards, Olymp trade team.
Because it is a fact that there are no universal strategies, that we cannot all act on the same plan of action.
Some of the traders need a crazy dynamics.
Someone is used to act calmly, minimizing the risks as much as possible.
Someone has understood the technical analysis well.
And for some of them, only fundamental analysis has become the main reason for successful existence in the market.
And I am strictly convinced that many companies lack such functionality that every trader can trade in the way he likes and feels comfortable. And here we were able to take into account the wishes of different categories of traders and even picked up various tools that can be useful to you.
Hello there, Agardonel!
Thank you for the review. We are proud to provide the trading platform with various functionality. Jave a prosperous trading with Olymp Trade!
Best regards, Olymp trade team.
The approach of the broker is rather unusual. They don't focus on MetaTrader lovers, offer extra-low initial deposit along with a free demo. That's rather cool thbat you can test the platform and the service before actually invest more in this activity.
Hi, Lauro! We are happy to provide a good platform and services. Wish you a pleasant experience with Olymp Trade!
Best regards, Olymp trade team.
For the first time I saw here that you can choose not only from a fixed range of timeframes, but also independently choose the time that is convenient and profitable for you. Of course it's not always necessary, but sometimes there are situations on the market where you have to react instantly and I would even say that it's non-standard. And in this case it may be the best solution. I would also advise other brokers to introduce such a feature, it's very convenient and accurate and it will interest clients.
Hi, dear Noah!
We are proud to be your broker company and improve our services for you. Have a successful trading!
Best regards, Olymp trade team.
This is my THIRD broker. As you can imagine, I KNOW EXACTLY what a bad broker can be tracked by and I'm glad I don't notice any of these signs at olymp.
Leverage
The broker does not offer EXCESSIVE leverage, whicih is a good sign. If you don't know why - don't start trading before you learn.
Quotes
They are real here. You won't see any tremendous slippages, sudden gap or incorrect quotes that won't match those from reliable sources. Trust me, this is VERY importnat. Borker that has bad quotes is definitely manipulating the charts and wants you to LOSE!
Platform
Bad broker will always have numerous troubles with their trading environment. Disconnects, lags, etc. This is not the OLymp's story, which I'm very glad about.
So, regarding all of the above I can recommend the brokerage for cooperation. Good luck!
Thanks for the feedback, Malak!
We are happy that you're satisfied with the platform and its facilities. Wish you a successful trading!
Best regards, Olymp Trade team.
Olymp can definitely be recommended for beginners who are interested in trading. Believe my experience, you don't need a manager, you need a decent terminal and training material - and that's all there is to it.
Thanks for the feedback, Imrul! We try to provide perfect conditions for both beginners and experienced traders. Our educational base provides varied materials about trading strategies and principles. We wish you all the best and fruitful trading!
Best regards, Olymp Trade team.
Olymp Trade It's just a great broker. I started with a small $100 deposit. The broker made me very happy, as the site has a convenient interface, flexible withdrawal system and excellent bonus system. I have never let myself down yet, there were no scams and frauds. Already had time to recommend a broker to several friends, I will wait for their feedback.
Thanks for the feedback, dear Dexter!
Hope we'll continue making you happy with the convenient platform and good services. Have a successful trading!
Best regards, Olymp Trade team.
To achieve results and really understand trading, you need to work in olymp, especially since there are no problems with withdrawal of funds here. Everything always comes on time.
Bud, hello there!
Thanks for the review! We are happy that you're satisfied with the platform. We'll be glad to welcome you in our Facebook community https://www.facebook.com/olymptradecom, where you can share your experience with other traders and receive bonuses and risk-free trades which can be used in trading. See you!
Best regards, Olymp Trade team.
I asked my trader friend to teach me trading and he suggested me Olymp Trade. Honestly, I didn't trust that I can learn something with broker, as a lot of info in Internet is useless. Just imagine how amazed I was when I opened education section and found really useful learning materials. Of course I can't learn everything with just Olymp app, I need to learn deeper by myself. But Olymp gave me basic understanding of what's going on in just 2 weeks. I take only 14 days to get the basic understanding and now I'm learning while trading, so Olymp system is really beneficial.
Hello, Fernando! Thank you for the review. We are happy that you find our educational base really helpful. Wish you success in education and trading!
Best regards, Olymp Trade team.
I'm a loyal Olymp Trade customer and I like the way this company works. I contacted the support team, but I couldn't get a full and clear answer. If anyone knows the answer and can explain it to me in detail, I would be very grateful. I cannot understand how the multiplier differs from the leverage. After all, both of these instruments mean that the broker gives me money on credit and I trade on them? If so, what is the difference? I also can't understand why I need them and what their specific advantages. If someone has used such features and has detailed information, so please, let me know.
Hello there! Thank you so much for your question.
First of all, our company never loans any amount of funds. You can use only your deposit for trading. The maximum amount of loss per deal cannot exceed the amount of the deal.
We don't have leverage tools on our platform and provide an opportunity to use the multiplier in your deals. Multiplier is one of the major tools in forex. This allows you to increase the profit potential of your deal.
It has a very simple mechanism of work. Let us explain this in detail.
Let's assume you buy EUR/USD, your investment amount is $50, and your multiplier is one. If the price goes up 10%, your profit will be $5 ($50 x 10%).
However if instead of one you specify 20 as a multiplier your investment amount will rise to $1,000 ($50x20).
As you can see, your profit has been multiplied by 20, and this is how the multiplier works.
This is like the speed of a car: the greater it is, the faster you reach your destination. However, high speed brings with it more risk. If you forecast will be wrong your loss will be increase on the multiplier amount as well.
For novice traders, we recommend using a minimum multiplier, which equals 1, in order to avoid risks in case the market moves against you. As you acquire skills and experience, you can also increase your multiplier.
Best regards, Olymp Trade team.
Among all brokers, I prefer Olymp Trade for a number of reasons. First of all, company has really transaparent trading conditions. It's regulated by finacom, the agency, that will compensate up to $20,000 in case of any unfair actions by the brokerage. Secondly, company has friendly trading enveronment, including community for traders and 24/7 support service. That's cool, as I never feel as I'm in informational bubble and always can get fresh info or ask for something. Moreover. Company pays attention both to professional clients and to novices. Professionals get native and clear conditions to trade with fast withdrawals, while novices can learn stuff in educational center and practice with demo account. Olymp Trade is divided into two sections for options and forex and the number of assets is good enough to choose assets that fit each trader the most. Finally, there is VIp account for the most experienced traders, that want to maximize their benefits. Considering all of this, that's not strange that Olymp Trade is one of the market leaders, as a lot of traders prefer it for that reasons.
Hi, Stephen! We do care about safety and transparency of all financial operations on the platform. That is why we maintain high level of account security and provide 24/7 support. We've also chosen International Financial Comission as a regulator. The regulator guarantees legal support and prompt resolution of all problematic issues.
Arnulf O., I'll try to answer for our question.
Olymp trade has a native design and indicators are really easy to use both in desktop and mobile version. Mobile version is almost the full copy of desktop edition, with the same functionality. Olymp Trade offers a lot of indicators that are already added and save each trader's time, as there is no need to waste time on installing or launching indicators, all you need is too choose indicator and keep using it. As I said, mobile app is almost the same in terms of functionality and has all basic indicators, so you can move to trading with your mobile device.
Casper, we are happy to work for the benefit of our traders!
I trade with Olymp for quite long time and enjoy its fast and reliable trading platform. It has everything that is needed to be successful as a trader. The order execcution is fast and there is no lags, so my positions are opened with the price I want to open. Also, there is a lot of indicators and for me it's the main point to trade with Olymp. I use 3 indicators at once and use them to predict coming trend. However, I use it on PC, but sometimes I need to travel for 2-3 days. As I'm quite conservative, I always ask my wife or friends to run my trading and that's so inconvinient. I heard that Olymp has mobile app and want to try it, but I don't know about indicators in mobile version. So please, if someone know about indicators, can you give me the answer. Can I use indicators in Olymp mobile trading terminal or not? Thank you in advance.
Hello! Thanks for the review. There's a large number of indicators available in OT application for Android. IOS application provides basic instruments, but we are constantly adding more of them for your convenience. Olymp Trade applications can be found in AppStore and GooglePlay. To access all of the instruments you can also use the platform in mobile browser.
An important advantage for newcomers to Olymp Trade is the minimum deposit of $10, which allows even those that don't have much experience or money to risk. It's also a beneficial opportunity to practice Forex trading and not be afraid of losing a lot of money. The broker developed its own platform that works without mistakes and constantly gets new functions. Due to its own development to make changes and corrections, the broker actively develops and takes into account the wishes of traders. That's what makes Olymp Trade more competitive among the large number of brokers-competitors. Olymp provides the opportunity to view free trading lessons, learn how to analyze the market, and recognize trading signals. All these features make Olymp trade a good choice fot both novice and experienced traders, as all of them will find needed functions and tools.
Thank you so much for the feedback!
Hi, Osman! We are truly happy that you like the platform!
Have a successful trading with Olymp Trade!
Just downloaded their app on my phone. Have gone through the tutorials and currently trying out trading with the demo account. I simply love it and sure to cash in and do the real deal.
Thanks for the review, dear! Have a successful trading!
From my little experience, Olympic Trade is one of the best trading platforms out there. When you register, you get $******* free for practice on your demo account; for your live account when you deposit $30 and above, you get a bonus but the minimum deposit is $10. There's an education segment, webinars you can join to learn and there are bunch of indicators for you to use to aid trading. You can trade with currency pairs, assets, indices and the likes and it's something everyone can learn.
NB: Trading is risky, it is advised that you don't trade with more than 25% of what you have.
Hi, Demini! Many thanks for your review! We are glad that you like our platform. We advise to trade with even less than 5% of your deposit (each trade). Have a succsessful trading!
Answer: Raed A, hi there! Thanks for the good question. On weekends the stock market is closed. Most of the assets will become available only from Monday. However, you can still trade on cryptocurrencies, Over-The-Counter assets, and Composites. If you would like to know more about the trading hours of the assets, kindly follow the link https://plus.olymptrade.com/en/assets Do not hesitate to contact us if any questions or concerns appear. Best regards, Olymp Trade team.
Answer: Greetings, Yono K! That's a good question. The level of difficulty of using the indicator depends on your experience and knowledge. If you would like to get more information about trading, please look at this link: https://plus.olymptrade.com/en/education It is our education section, where you can find a lot of useful information about trading basics. You can also try each indicator on a demo account. We advise you to start trading on your live account only if you are able to make a profit on your demo account. Best regards, Olymp Trade team.
Answer: Hello, Shau T. Thank you for your question. We assume that you are asking about fees on the Forex mode. In Forex, we have Commission and Overnight fees. For Commissions, when opening a Forex trade, a certain amount is deducted from the trader's balance. This amount depends on several criteria: trade amount, multiplier, asset specification, etc. The current commission is shown along with the rest of the information about the trade. However, the final payment may sometimes differ slightly due to the market situation. Information about the minimum commission rate for opening trade and other conditions can be found in the "Trading Conditions" tab of the "Assets" menu. You can access it through the "Help" section. For the Overnight Fee (rollover to the next day), it is a commission for carrying a trader's leveraged position overnight and then deducted from the balance daily. The amount of commission depends on the factors of the trade amount, direction, multiplier, and overnight fee rate of the pair. The latter can be found in the "Trading Conditions" tab of the "Assets" menu. Hope we have answered your question. Best regards, Olymp Trade team.
Answer: How brief should it be? Is "yes" brief enough? Look, the answer depends on what you are trying to achieve. If your goal is to get as much trading experience as possible in various trading aspects then you should definitely try it. Because of all trading modes olymp trade provides its clients, we can choose the type we are more inclined to. And it's a big deal, cuz each one of these modes differs from the others drastically.
Answer: It's difficult and easy simultaneously. I mean to start trading with olymp trade platform is quite easy because the platform itself is very intuitive and user-friendly. It won't take too much of your precious time to master it. On the flip side, to become good at trading you need to spend a lot of time on education which is very hard to do. You can either use olymp trade educational articles for that or try to find information on the web. I can say that olymp trade materials are well-rounded ones, and essentially it will be enough in the beginning. It will definitely help you to make a simple trading strategy. The more competent you will become the more you will explore some sophisticated trading theories. Answering your question I would say be prepared that trading requires lots of self-discipline and learning, it's not a walk in the park.
Answer: Hi, Arpit! The number of transactions opened at the same time depends on your status on the platform. For example, the maximum number of trades that can be opened simultaneously for the Starter status is 20 on the Fixed Time Trades mode and 100 on Forex. You can find the detailed information at the link: https://olymptrade.com/en-us/statuses To provide you with a personalized answer, we will need to clarify your account details. Please, contact our support team on the website or write to us on Facebook. We will be happy to help you! Best regards, Olymp Trade team.
Answer: Hello, Benjo M. Thank you for your question. The profitability percentages in Fixed Time Trading (FTT) on Olymp Trade can vary based on several factors, including the specific asset, market conditions, and the time of day. Cryptocurrencies like Bitcoin often exhibit higher volatility, which can influence the profitability rates offered. While some assets may offer profitability rates up to 80-90%, cryptocurrencies might have lower rates due to their inherent market risks and rapid price fluctuations. These rates are adjusted to reflect the current market environment and to ensure a balanced trading experience for all users. For the most accurate and up-to-date information on profitability rates for each asset, please refer to the asset list on the Olymp Trade platform. Additionally, utilizing the platform's educational resources and tools can help you make informed trading decisions. If you have further questions or need assistance, feel free to reach out to our support team. Best regards, The Olymptrade Team
Answer: Yeah, you just gotta select it in the withdrawal section of your dashboard. That's pretty much it
Answer: I think one of the coolest features of this broker is ability to open cryptocurrency trading account and fund it with crypto. Broker gives clients opportunity to use USDT as base currency of account. And USDT can be deposited to account by crypto transfers. USDT exchange rate doesn't differ from real dollar exchange rate, so there is no need to worry about conversion of this currency. And at the same time, USDT has many advantages in relation to the real dollar. So for me this feature of broker is the most significant.
Olymptrade – Care that counts.
Olymptrade is a trusted global trading platform offering access to a wide variety of financial markets, including currencies, stocks, commodities, indices, and cryptocurrencies. Designed with both beginners and experienced traders in mind, Olymptrade provides a user-friendly interface, competitive payouts, and a low minimum deposit to help traders of all levels succeed.
Our platform is dedicated to supporting our traders every step of the way. With 24/7 customer service, a free demo account, and an extensive range of educational resources such as webinars, tutorials, and market insights, Olymptrade ensures that traders are empowered with the knowledge and tools they need to make informed decisions.
Olymptrade – Care that counts is here to help you grow and achieve your financial goals.
Hello, Marinrad M.
Thank you for the feedback! We are astonished that our platform inspired you to look at trading from another angle and discover all the opportunities that it provides. Learning and analyzing is the key to success, that is a thoughtful decision to use a demo account to try out new tactics. We wish you a productive trading!
Best regards, Olymp trade team.