Olymp Trade
OT offers a wide range of currency pairs, commodities, and exchange traded funds to their clients. OT is recognized by both its clients and its peers as a superior brokerage service and was the Best Trading Platform of 2018 according Forex Awards.
OT clients trade Forex on a state of the art platform with customizable tools for analysis. OT is dedicated to the education of its clients providing free tutorials, access to professional traders, and other media in multiple languages and 24 hours a day customer service in 13 languages.
The International Financial Commission rates Olymp Trade as a Category A Broker. Another example that OT truly believes in giving its clients what they need for successful trading.
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Olymp Trade
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Looks like this article hasn't been updated in a while.
I have recently started to study trading conditions of this company and I see several mistakes in this article.
For example, account currency. Only USD and EUR are listed here, but in reality there is also USDT cryptocurrency.
By the way, account can also be funded with cryptocurrencies.
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Having used the Olymp Trade platform for some time, I have mixed feelings about my experience. The platform itself is functional and easy to navigate, but some areas could be improved. The pricing seems fair, but it would be beneficial to have more competitive fees. On the other hand, the customer service has been outstanding. The platform offers a decent range of features, although I would appreciate more advanced tools for analysis. Overall, while there are some areas for enhancement, the reliable customer service and user-friendly interface make Olymp Trade a viable option for traders.
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What really was the deciding factor in choosing to trade here?
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Great place to trade. Fixed time trading mode is just something mindblowing! It can be used to hedge your main positions or be traded separately.
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I noticed that the broker allows traders who do not have a lot of capital to start trading. That is, the entry barrier to get access to financial markets at this broker is very low.
For example, in order to trade shares of global companies one does not need to have thousands of dollars on one's account.
I think that clients of Olymp Trade are grateful for such an opportunity.
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I would be more cautious with fixed time trading. It gives a vibe of something not very complicated, but it’s a common misconception that can lead to substantial losses.
So be careful trading FTT. I recommend to read some articles in Olymp trade Blog on the topic and then trade it.
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Fixed time trading is something that considered to be interesting, but it's always left aside for no reason.
People believe that it's harder to make money using this mode, but in fact, it implies the same opportunities but a bit untrivial approach. That's why it's worth mentioning and trying.
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Olymp trade is amzing broker app I tell you. Different from many of the broker out there truly.
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What they do is a very good example of how to take something as boring as trading and make it more tolerable with the charts and trader's way.
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The Trader's Way is a truly exciting experience. I am getting my trades in profitably, and stacking up those experience points nicely, the more points I have, the more profits I pull. So good!
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I don't want to go deep into it but Olymp trade is regulated by FinaCom. It is in place to protect and ensure the interests of traders. They promote broker transparency and basically, fairness. The guarantees traders get from using a broker regulated by them are free legal aid, in the case of legal action, compensation in the unlikely dissolution of the company, verifiable quotes and many more.
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What guarantees do I get from the license this broker has?
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The robustness of the broker is beyond doubt. My long time experience and experience of other traders proves this.
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Stock mode opens many opportunities for those who are keen on tracking the current situation in the market and prefer to speculate on stocks or buy them for a long perspective.
A huge choice of various shares can help traders to realize whether this trading style suits them or not.
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I appreciate this broker for such well developed infrastructure. Usually I trade forex and stocks modes, but now I'm planning to trade fixed time trading mode as well. It looks like a nice option for intraday trading. Besides that, there is a possibility to hedge via this mode so it is twice interesting for me now.
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Despite the fact that the platform has some disadvantages compared to the platform on which I traded before. I am ready to continue trading here because these disadvantages are not critical. Besides, them the platform has a lot of advantages.
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Olymp trade FAQ section is one of the most exhaustive FAQ that you can find at forex brokers.
There is information pretty much about everything that the broker offers. They even included videos to the text information.
So if olymp trade should be ostracized for, it’s definitely not the Help Center. Apologize!
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Olymp Trade is a genuine broker for me.
Y'all see how many trading modes it offers? It opens tons of opportunities for all traders regardless of their experience. It costs a lot really.
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It’s very easy to use. Open a demo account and after a couple of hours, you will know more than enough about its functionality. You will see it has many advantages over traditional platforms.
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I like that the broker's website has a lot of information about the company's services. I have already understood a lot about the company, but I still don't know how convenient the broker's platform is. Can someone tell me what is good about it?
