Open Account Benefits Explained
This platform has an accessible interface and offers a diverse selection of trading techniques tailored to fit your needs. Plus, it enables you to withdraw profits quickly with no commission fees attached.
This platform is accessible to users from more than 30 countries and is a member of the International Financial Commission (FinaCom). This organization regulates broker activities and protects customers' interests.
Free demo account
Olymp Trade's free demo account is an ideal starting point for traders of all experience levels. It lets you test different strategies and currencies without risking real money, making it ideal for both novice and experienced investors alike.
Demo accounts offer many advantages, such as practicing new skills, exploring different markets and understanding a broker's trading platform. Furthermore, demo accounts let you make money without investing actual funds - an important factor when deciding if a trading platform is suitable for you.
Demo accounts are also an excellent way to learn how to execute trades. The platform replicates the actual market, so you can observe price movements and how your trading strategy may influence outcomes.
To access your demo account on Olymp Trade, all that's required is your email address and password. These can be used to log in from any device connected to the internet - including mobile phones and tablets - that has access to email.
Once logged in, you'll see a virtual balance with $10 thousand units on it. You can replenish this by clicking a few buttons and trade it at will without any limits.
Olymp Trade is one of the more sought-after brokers on the web, and they provide a free demo account that's user friendly. With more than 80 popular assets and an interactive training account, you can practice without risking your own funds.
Olymp Trade provides two payment methods for its users: Visa and MasterCard bank cards as well as electronic payment systems in two currencies - USD and EUR. These transactions can be carried out quickly and securely online with both of these methods.
Furthermore, you have the flexibility to switch between a demo account and live account at any time. Depositing and withdrawing money to either of these accounts is possible from any computer connected to the internet - perfect for practicing trading while on-the-go!
The broker also offers an extensive training program, as well as manuals and tutorials to give you the assurance necessary for success. Plus, customer service is available 24/7 so you can ask questions and receive answers promptly.
No minimum deposit
Olymp Trade is an online trading platform that enables traders to deposit and withdraw funds without needing a minimum payment. This makes the service ideal for new traders who want to test out their strategies before risking real money.
Olymp Trade not only offers a low minimum deposit of just $20, but it also provides several open account benefits as well. These include access to training materials and an active community of traders.
The platform provides traders with a broad selection of assets, such as stocks, forex and futures. This gives them the freedom to select which type of asset they wish to invest in and the amount they wish to trade.
Olymp Trade provides a free demo account to new traders to help them become acquainted with the platform and its features. This is an ideal practice before investing real money, making it even simpler than making a deposit!
First, you'll need to register on the Olymp Trade website. The registration form can be found on the homepage and it's user-friendly: type in your name, mobile number and email address then select your currency before creating a password. Ultimately, you can decide if you are of legal age to trade with Olymp Trade and agree with its terms and conditions.
Once your account is created, you can begin trading immediately. The broker's platform is user-friendly and compatible with desktop and mobile devices alike; additionally, it supports MetaTrader 4.
Olymp Trade is proud to be an A category member of the Financial Commission, meaning you can rest assured knowing your funds are secure. They provide speedy dispute resolution, superior support and deposit insurance to their customers.
Customer service at Olymp Trade is available 24 hours a day, seven days a week. Customers can contact the team through email, phone, live chat and the Olymp Trade mobile app for assistance.
On the Olymp Trade platform, traders can make Fixed Time Trades that allow them to delay their trade until an asset price reaches a specific level. This feature may be beneficial when markets are volatile or you're uncertain when to enter or exit a trade.
Access to a community of traders
Olymp Trade provides access to a supportive community of traders when you open an account. This online broker provides resources and trading education for both novice and experienced investors alike, plus it has a referral program that allows users to generate passive income.
This broker allows customers to trade a wide selection of financial instruments, such as stocks, currencies and indices. The platform has an intuitive user interface and lets users deposit funds in any currency. Furthermore, it provides free demo accounts - an invaluable resource for new investors - for beginners.
Another advantage of Olymp Trade is that it does not charge any fees for deposits, withdrawals or other transactions. This sets them apart from other brokers which may charge higher costs and make traders pay extra to trade.
Olymp Trade provides 24-hour support to its customers. This means you can reach a member of the Olymp Trade team in any language at any time to answer questions and assist with making informed decisions about investments.
Olymp Trade is also a member of the FinaCom Compensation Fund, which protects traders against fraud/scam and provides compensation up to EUR20,000. Nonetheless, it should be noted that Olymp Trade lacks regulatory licenses in either Europe or North America.
When using the Olymp Trade platform, it is wise to adhere to strict money and risk management regulations. These may include investing a maximum of 3-5 USD in each trade, keeping multipliers below X100, and restricting the number of trading positions you have open at any given time.
This can prevent sudden losses when market spikes occur before your trades turn profitable. Traders can also utilize Olymp Trade's pending trades mechanism to postpone their transactions until an asset's price reaches their desired levels.
Additionally, this company boasts a robust security system with 256-bit SSL encryption to safeguard its users' data. Furthermore, it provides round-the-clock customer support in eight languages.
Excellent customer service
Olymp Trade offers many advantages to account holders, such as access to an experienced team of customer support specialists in eight languages. This team is knowledgeable and available 24/7 to assist clients with any issue or query they may encounter - day or night.
Registering with Olymp Trade is simple - simply visit their website and fill out an online registration form. Include your name, email address, and mobile number before selecting your currency, creating a password, and verifying that you are of legal trading age. After registration is complete, you can start trading on the Olymp Trade platform!
Olymp Trade provides traders with two account types: Standard and VIP. The latter comes complete with a personal trading consultant and additional training resources. The minimum deposit for Standard accounts is PS10, while VIP members can make trades up to PS5 000.
Olymp Trade provides its services through the MetaTrader 4 trading platform and offers a vast selection of assets to choose from. This makes it simple for traders to place orders and monitor their progress easily.
This broker also provides new customers with a complimentary demo account that requires only a minimal initial deposit. This gives you the perfect opportunity to hone your skills without risking real money.
In addition to a demo account, Olymp Trade also offers a live trading room where you can join other traders and get acquainted with their experience. This helps you get acquainted with what it's like being an actual trader, making it easier for you to decide if Olymp Trade is suitable for you.
It is essential to remember that trading online can be highly risky and you could potentially lose all your funds. Therefore, only invest money that you are comfortable losing and have enough experience handling such investments.
Olymp Trade boasts one of the best client support teams in the industry. Their team works 24 hours a day, seven days a week to answer questions and solve problems quickly - typically taking less than 20 seconds for a response to your query.