How to start trading

How to start trading: sign-up and account creation with a broker Olymp Trade

Trading in financial markets can be a great way to make money, but it can also be challenging for beginners. One of the most important steps is to choose a reliable broker, and Olymp Trade is one such platform that has gained popularity among traders worldwide. If you're looking to start trading with Olymp Trade, here's a guide to help you sign up and create an account.

Step 1: Visit the Olymp Trade website

The first step is to visit the Olymp Trade website at www.olymptrade.com. On the homepage, you'll see a sign-up button in the top right corner of the screen. Click on it to start the registration process.

Step 2: Enter your email address and password

The next step is to enter your email address and create a password. Your email will be used to confirm your registration and as a means of communication with the platform. Make sure to use a strong password that contains both upper and lower case letters, numbers, and symbols.

Step 3: Choose your account type

Olymp Trade offers two types of accounts, a demo account and a real account. The demo account is free and is intended for practice purposes, while the real account requires a minimum deposit of $10 to start trading. Choose the account type that suits your needs and preferences.

Step 4: Verify your email

After you have chosen your account type, you will receive a confirmation email from Olymp Trade. Click on the link in the email to verify your email address and activate your account.

Step 5: Fill out your personal information

Once you have verified your email address, you will be redirected to the Olymp Trade platform, where you'll need to provide some personal information. Fill in your name, date of birth, and phone number. It is important to ensure that your personal information is accurate as it will be used for account verification purposes.

Step 6: Verify your account

To comply with regulations and ensure the safety of its users, Olymp Trade requires account verification. To do this, you need to provide a copy of your government-issued ID or passport, as well as a utility bill or bank statement that confirms your address. The verification process typically takes a few days, after which you'll receive an email confirming your verification status.

Step 7: Make your first deposit

Once your account has been verified, you can make your first deposit and start trading. Olymp Trade accepts several payment methods, including credit/debit cards, e-wallets, and bank transfers. The minimum deposit amount is $10, but it is recommended to deposit a larger amount to take advantage of the various trading features offered by the platform.

Step 8: Start trading

With your account created, verified, and funded, you are now ready to start trading. Olymp Trade offers a wide range of trading instruments, including forex, commodities, cryptocurrencies, and indices. The platform also offers a variety of trading tools, including technical indicators and charting tools, to help you analyze the markets and make informed trading decisions.