OLYMPTRADE Review, Forex Broker&Trading markets
Risking very small amounts of money to start this transaction from demo account to real money trading is indeed very helpful. You train your mind and emotional muscles with $10 first, then gradually raise it to comfortable amount. The trick worked for me and this is something I would definitely suggest everyone to do.
According to the company website and other sources, OLYMP TRADE traders have access to bonuses from 20% to 50% for making deposits. The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Commissions are the charges imposed by an investment broker on a trader for making trades on the trader’s behalf. The level of commissions depends on the asset being traded and the type of service offered by the broker.
I completely agree that trading with unregulated brokers is dangerous. This was the reason why I chose OT to be my broker. They comply with the regulation of FinaCom and they are on the market since 2014, which is a decent term to build some reliable reputation. The other reason is the beautiful simplicity of their trading platform, which I’ve never met anywhere else. It does not require preinstallation and you can understand the purpose of every button intuitively.
You have the opportunity to trade on the most popular trading platform Metatrader4. You can download it on the OlympTrade website.. I know that olymp trade is in high demand, but there are also nuances here that you should understand. Instead of spreads, they take a commission here – so it’s better to specify in advance in the terminal what size it is. But the webinars here, of course, are something necessary – very detailed and always with some original nuances.
Olymp Trade provides training in the form of documentation, live online, and in person. Yes, Olymp Trade has a mobile app for Android, iPhone, and iPad. First, you need to know how certain news can affect a certain asset. During the news release, the asset can go up or down sharply. It is important for us to learn to understand this and then FTT will be able to help us earn good money. Of course, you can make money here, but you need to understand a lot of things.
Then I go and enjoy a good time with friends and family. In order to satisfy my curiosity I glance at Olymp mobile from time to time to find out whether the situation has changed significantly or not. As a responsible broker, Olymp Trade seeks to minimise those risks and create happier customers.
The conditions are very good, because of this and started working with trading Expertoption. I was not mistaken, because the interest is really one of the highest. We have no opportunity to influence the chart, because we transmit the quotes directly from the suppliers – large international investment banks. This information is the same for each trader on the platform. I joined in the other day after thinking it through & i losy $100 that same day. What am i to analyze so i can make olymp trade review a better judgment?
OlympTrade has a minimum trade size requirement of $/€1. OlympTrade claims to offer various methods, but no details are provided in their website. More information is available after an account is opened. Educational material is provided in this section, this is different than the “Education” section and offers more fundamental as well as inspirational content. Free access to premium services like Tuneln, Mubi and more. Activate your 30 day free trial to continue reading.
Olymp offers decent spreads and commissions policy and it doesn’t swallow all of your profits if they happen to occur. Everything works fine in demo, as soon as you go live everything turns to shit. Chart freezes, prices zoom the other way to impossible levels so you can never end in the money. In fact prices just zooms the other way and freezes moments after places the “trade”. I recommend that you start in the Olymp Trade education section in the platform. It is an additional application of Olymp Trade that focus on trading education in general.
Along with training materials, Olymp Trade offers free demo accounts. Those who registered get access to 10,000 virtual coins to play around with. This way, traders don’t risk losing any of their real money while getting over the learning curve. Why would anyone be in need of recovering their money lost with options trading? With Olymp there is only one way to lose money – make silly trades.