I became interested in trading about a couple of years ago, when my friends started doing it and they were quite successful. I can't say that I was super serious about it right away, because I saw different reviews and thought there was a good chance of luck. In fact, everything turned out to be not so complicated, the main thing is not to use large sums and pay more attention to technical analysis. And practice on the demo, it's free and available right after registration.
I am really glad that I started trading, because it allowed me to feel real freedom and to fully get used to the new business, which allows me to work in comfortable conditions and not to worry about the future. Of course, it can be difficult and I have to spend a lot of time, but I like it all and I understand that I can cope with everything. As for this brokerage company, I can say a lot of good things, because there are many different things that can be used to get used to trading. For example, you can train here on a demo, which has the functionality of the main terminal. This company offers a huge number of training articles. They also quickly withdraw funds, do not overestimate commissions, no stress and worries.
It is difficult for me to say that I am already a professional trader. Yes, I get my income and am quite stable, but I am still quite often confused because I am not always good at news and in general what happens in the market. But recently I started to study the reviews of this company in more detail. I noticed that it is published quite often. And it has detailed and accurate information that helps me to work on my ideas at least on a demo, now the picture becomes clearer and I'm beginning to delve into fundamental analysis. So far I only work with a small leverage of 1:50 or 1:100, but I'm already starting to feel more free. I hope this is just the beginning of a positive change.
At first, I had rather a mixed impression of Olymp Trade because what I saw on their site wasn’t similar to what I got used to. The very availability of a web-based trading platform wasn’t surprising for me. Today, a great number of brokerage services offer web-based trading solutions. I was just the first time I saw fixed-time trading. Previously, I dealt only with stock and Forex trading – quite typical things, existing for decades. Once I tried fixed-time trading, I realized that it’s a very dynamic and promising type of trading. It ideally suits those who don’t like long-term investment. Here you can choose the optimal expiration to determine how long you can keep yourself waiting for a result.
I like what Olymp offers. It doesn’t bombard its clients with what they don’t give an idea about such as complicated trading terminals. Instead, the broker offers to trade both Forex and fixed-time assets in a browser window. Although the idea of a web-based trading terminal isn’t new, but I appreciate how they did it. For example, I have recently tried trading with cTrader, but found it too complicated, notwithstanding tons of positive reviews online. Their web platform is absolutely different. It’s very user-friendly and doesn’t require much learning. You can start using from the very beginning.
At least Olymp Trade is good for that people that want to trade without any pressure. Maybe there are some cons for professional traders, but if you're semi-pro, as I am, then you would be satisfied with Olymp.
I personally do not know traders who are not satisfied with cooperation with Olymp, because this company offers the most modern conditions for today. Demo. Bonuses. Analytics. Education. It's all available without any fees or special conditions. But most importantly, the broker's terminal does not experience any large-scale technical failures. Everything works calmly and qualitatively. And you can always be sure that the trading session will go exactly the way you planned it.
My first impression of the company was quite mixed. It’s because fixed-time trading isn’t the thing I’m got used to. However, after I read corresponding articles on their portal, it intrigued me and I decided to try fixed-time on a demo account. To my mind, fixed-time is an alternative to Forex scalping but delivered in another format. I favor Forex trading and it’s a good thing that the broker also supports Forex and you can trade it on the same web-platform. What’s more, Metatrader 4 is available for conservative traders. So, the company successfully caters to both Forex and fixed-time traders.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.