Olympic Trade Review
Popular online trading platform OlympTrade has been helping customers since 2014. What, though, makes the Olymp platform a dependable option for many investors? Many knowledgeable and seasoned investors choose Olymp Trade as their platform of choice for a variety of reasons.
Platform security and dependability. Olymp Trade, a well-known online investing platform, is regarded as an A-recognized member of the International Financial Commission, a group that protects the rights of investors. Since the trading platform belongs to this group, illegal activities are covered up to $20,000 from the Compensation Fund.
Minimum investment amount needed to begin. On this platform, a deposit of $10 is required to begin trading. This implies that virtually anyone may sign up for the platform and start trading.
Materials for instruction and training are easily available. All users of this trading platform have access to the training and useful materials.
These are just a few of the factors that make this platform so well-liked among investors of all experience levels. OlympTrade, in my opinion, operates in a professional, dependable, and actual trading manner similar to IQ Option. Check out this OlympTrade review if you’re still curious about why this platform comes highly recommended.
The Olymp Trade is a unique platform that was created by seasoned programmers, traders, and financial analysts, unlike other investing platforms on the market (like Binomo’s). Additionally, the team is always enhancing its offerings so that users can rely on a platform that is available around-the-clock. Actually, one of this platform’s strongest selling qualities is its capacity to be customized. For instance:
You can select the display method for the charts, such as a line chart, candlesticks, or Heiken Ashi.
Change the chart’s color scheme.
The technical settings of the charts can be customized in addition to their visual effects:
When utilizing the area chart, increase the time frame from 25 seconds to 1 month, and when using the Heiken Ashi or Japanese candlesticks, increase the time frame from 15 seconds to 60 minutes.
Use oscillators and indicators to read charts correctly.
Unique Characteristics of Olymp Trade
Olymp Trade is regarded as a trading system that uses an electronic trading environment. The functionality and features provided address client needs, and the majority of these elements will typically be appealing to new investors. Olymp Trade offers free registration compared to other well-known platforms on the market, and all new investors and members receive 10,000 credits. The new member can test out the system and investing platform using the complimentary credits. Customers can test out additional trading methods and hone their skills before engaging in real-money trading by using the demo account. The absence of incentives is the only thing an investor might detect. Olymp Trade offers commencing trade and modest investments in place of the typical benefits.
Olymp Trade supplies investors with low rates of loss or profit despite the fact that this platform is intended as a moderate to low-risk investing platform, which can be helpful when researching the industry for the first time. Additionally, keep in mind that this is not the platform to use if you want to become wealthy quickly.
A Demo Account is Available at OlympTrade
It should be remembered that the site offers users a free demo that includes 10,000 virtual dollars and is available to them as soon as an account is created. The fact that this platform offers a free demo allows users to test out a few trades, which is good news for newbies. The free demo has no time limit that needs to be taken into account. Customers and investors on this platform are free to experiment as much as they like without having to risk any money.
Customers Should Understand Trading Terms
- $10 is the minimal deposit amount. Invest $ 2000 or more to become a VIP Account.
- $1 is the bare minimum necessary to transact.
- A normal account holder’s maximum trade is $2,000; for VIP traders, it is $5,000
- 82% of ordinary investors and 90% of VIP account holders received successful trade payouts.
- Minimum withdrawal permitted: $10
- Withdrawal processing timeframes range from 24 hours to 3 days for normal account holders to a few hours for VIP investors.
- no costs for withdrawal
- Investors and clients can rely on cordial terms at Olymp Trade, which can be advantageous when executing trades. Investors who use the service can anticipate less investments and quicker withdrawals.
Options for banking and withdrawal
When it comes to deposits and withdrawals, Olymp Trade offers its customers a variety of choices. Investors have a choose of the following payment processors for deposits:
- Web Money, Neteller, Skrill, Bitcoin, Qiwi, and Yandex Money are examples of e-wallets.
- Visa and MasterCard usage
- Boleto, for Brazilian customers
These payment processors allow for withdrawals as well.
Using the banking feature of this platform, please take note that you may withdraw funds from the same platform where you made the deposit. The platform works to fulfill the withdrawal as quickly as possible, however the maximum waiting period for a withdrawal request is three days. The typical waiting period for users of this platform’s regular accounts is one day. The usual waiting time is only a few hours if you are a VIP member of this platform, though.
OlympTrade in Pakistan and India
The broker was quite well-liked in these nations a year ago, and traders from Pakistan and India are asking us more and more inquiries. So, if you’re wondering if you can register with this broker if you’re from Pakistan or India, the answer is yes, you can trade with this broker! OlympTrade welcomes traders from Pakistan and India. Additionally, this form of trade (fixed time trading) continues to draw people from these nations and has evolved into a means of support for their daily lives.
As stated above, there are numerous ways to deposit and receive money from this broker (including Yandex Money, Web Money, Astro Pay, Neteller, Skrill, and Visa, MasterCard, among others). There is always a means to deposit and withdraw money from the broker, so you don’t need to worry about it.
In this page, you can find more information about OlympTrade in India.
Trade Olymp in Nigeria
Similar to the inquiries we receive from Indian and Pakistani traders, we also receive a lot of inquiries from Nigeria. Thus, you are able to deal with OlympTrade if you are from Nigeria or any African nation.
The identical procedures for deposits and withdrawals apply in every country. Check the possibilities above.
How can your account be verified?
The verification process is the same for everyone on this globe, regardless of where you are from—in Nigeria, India, Pakistan, or anywhere else. We are receiving more and more inquiries about “what documents are required,” “how to verify my account,” etc. Please read the following information carefully. There is nothing to worry about because the verification process is still the same for everyone. Let’s leave.
Account Types Offered by Olymp Trade
Account Demo.
Each account will receive 10,000 virtual units, and this account is offered without charge. Anyone who is interested can easily create an account on the website.
Common Account.
To use this account, you must deposit a minimum of $ 10 or its equivalent in another currency. Investors can trade in this account for as little as $1 and as much as $2,000 each transaction. 80 percent of the initial investment is the greatest profit that can be made. The minimum amount that may be withdrawn when it comes to money is $10, and there is no predetermined withdrawal cap. Maximum waiting times for withdrawals are 3 days, with withdrawal times averaging 1 day.
Account VIP
. Interested investors must deposit $2,000 or the equivalent in another currency to use this account. The minimum deposit needed for this account is $2,000. The minimum and maximum trading amounts are $1 and $5,000, respectively. VIP members receive a variety of benefits in addition to quicker withdrawals. If you open this account, you will receive support from a VIP consultant and have access to top financial analysts and other trading resources.