Olymp Trade is a deserved market leader that has done a lot to take such a high position. The company has a very good support service, which works to solve any problems. Also here is convenient trading platform that combines simplicity and functionality and has a lot of indicators. I can say that I'm fully satisfied with this broker and I have no complaints.
Olymp trade was a first platform I tried to trade with. Honestly, at the beginning of trading, I did not count on anything, but chose the platform on the basis of its fame. I repeatedly heard about Olymp Trade and went to their site. Probably the only reason I stayed with this company was fast support. I had several questions and it was night, only here they answered me in a couple of seconds and explained in detail. It bribed me and I decided to try it. The downside was that I knew about Forex only superficially and thought that I had nothing to do in this area. But the presence of a demo account baited me to try. Thanks to the native interface, I quickly figured out the trade and decided begin real trading. Then I made a mistake by investing an initial deposit of only $10, since the first deposit is always doubled. In general, thanks to the company's blog, I quickly figured out the trading and was able to earn a little. So far I have not quit my job, but I already understand that my main job is trading.
I don’t think that I can find a better digital options brokerage than Olymp. First of all I got to know it all about technical analysis and the use of indicators from Olymp’s educational videos. Later I tried searching for more information elsewhere, but the instructions were not always clear and doubtfully useful. Apart from that Olymp offers excellent trading conditions regarding payouts and they really have the best trading platform ever. They managed to design it the way anyone can intuitively find necessary features and accustom charts to fit personal preferences.
Olymp payout rates are good. I must warn you that promoted 92% is for VIP customers only, but 80+% on major currencies and commodities is guaranteed. The nice features they have are pending orders, possibility to close losing trades before you go broke with this unsuccessful trading decision, some risk management tools. I really think they only have one or two true competitors on the market. But my intuition leads me to OLymp trade so here I am and have nothing to complain about.
Olymp trade payout ratio for VIP account reach up to 92%. This is the first options broker I see with such a generous offer. I mean there are some competitors, but Olymp’s leverage, variety of offered assets to trade and most importantly very, very nice trading platform made their way to my heart.
Personally I’m not a big fan of digital options. They limit your profits and are probably suitable for newbies, but I’ve been surfing the markets long enough to know how much they can offer you for real. So when I learned about Olymp trade, I signed up for forex account and installed the OT forex app on my smartphone. I spend an hour a day analysing the markets, then I enter pending orders and feel free to enjoy the rest of the day. I use mobile app to control my opened positions and cancel some trades if I feel it’s time to do so. Olymp has got the best trading platform and I’ve seen quite a few in my life.
I found Olymp Trade while browsing the internet in search of educational programs for trading. Many brokers say trading is easy and all you have to do is devote an hour a day to press buttons. It didn't work out in my case. OT consultants do lots of educational videos on how to trade both options and forex. There I've learnt how to use indicators, how to manage my open positions, why traders need pending orders. I'm not a great trader yet. I still devote at least 3-4 hours a day to study charts and markets and the profits I get are the result of some hard work. But this is what really works. Olymp is a great place to start, cause they show you the correct direction how to improve your trading from the very beginning.
Was glad to find out that Olyymp offers FOREX trading along with options. Options were something I’ve started with at the beginning of my trading career. The more I learnt about the importance of money management and risk management, the more I realized that with options its much more difficult to manage risks. Trading currency pairs in a traditional manner was something I started doing half a year ago and I’m glad I did. Keeping risk:reward at 1:3 or similar proportion was my golden key to success. Glad I didn’t have to change broker to switch to FOREX trading. Cryptocurrencies is another thing I think I should try, as soon as I feel comfortable and consistent enough with fiat currency pairs.
I learned about Olymp Trade from advertising. I asked my son to help with this, but he refused to respond at the beginning because he thought that I will lose my money. However, he installed a mobile application. He opened a demo account for me to prove that I will not succeed and that I will waste time. Well, meanwhile, I studied all the information blocks. Also, I devoted a lot of time to studying psychology in trading, because I have problems with endurance, and I can easily lose all the money in an instant. I was hooked by the fact that the platform is simply full of all kinds of videos. My favorite ones are webinars since they showed me how to apply strategies correctly. Six months after opening a demo account, I became able to earn something. When I succeeded in a demo account, my son helped me create a normal account. Since then, I’ve been on the platform for more than a year. I like everything, and I did not lose interest.
Olymp Trade – is a real leader of the market in its industry. I started to trade on this platform because back then two years ago, it was the best and the company offered the best conditions, During these two years Olymp Trade just strengthened its leadership – now the company also offers the trading on Forex. I’m completely satisfied by the cooperation with Olymp Trade, I will stay with them as their client further on.
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.