Olymp is an widely known online trading platform reviews
More about Olymp Trade platforms
Among online trading platforms, Olymp Trade cannot be ignored. This widely known platform, founded in 2014, still has a loyal customer base and occupies the first position among trading platforms. This financial institution is so successful due to the presence of various assets. Firstly, Olymp Trade is providing security to its customers and taking into account their confidentiality and interests.
The second asset relates to minimum investment in the project. You need to invest an amount of $ 10 to open a real account, so everyone has access to trade on the platform. Technical support is distinguished by its competence. You can get an answer to your request from a professional company specialists in any language using e-mail, online chat or phone number.
The company cares about knowledge base of users to trade on their platform. So that they provide clients with training resources to improve skills in trading field. Like any Olymp Trade resources, they are available to all countries. But such countries like United States, Canada, Australia, Israel, the UK, Japan and or any country of EU don’t have access to educational base. In addition, the brokerage company holds many promotions and contests. You can get a bonus of up to 100% on your investment. So that Olymp Trade makes trading not only profitable, but also interesting.
Is it safe to use Olymp Trade?
Although the firm is officially registered and guarantees to clients a refund (only in case if they lose money due to broker’s fault) there are thing, that can’t be missed. In fact, SmartEx International Ltd., which owns the Olymp Trade, is registered in the offshore zone. Free economic zone allows to conduct the activities of a brokerage company without the presence of licenses and security measures. This in turn does not guarantee proper customer protection and a safety of trading process. Therefore, you need to think carefully about trading on platforms registered in offshore zones.
Functionality of the trading platform
Olymp Trade has its own trading platform, created by the company developers. It is available for Android and iOS users as a mobile application. There is also a web platform without downloading, that you can use online via any browser. So trading is available anytime, anywhere.
The mobile application is very convenient and easy to use and takes first places in the finance market for functionality due to users’ reviews. The trading platform allows users to choose the strategy for trading due to the presence of analyze tools and special indicators. The main part of the application consists of a trading table and special trading transaction form in which you can determine its duration, amount and set options. Users also have access to the history of a chosen asset, where they can track its progress.
Olymp Trade offers its customers three types of accounts. Account currency can be expressed in US dollar, euro, yen, pound, Russian ruble, franc. The amounts of minimum investments and rates are calculated at the current rate to the US dollar at the time of trading.
- Demo version of the account - is a trial for potential customers, and also it can be test option for beginners. The free demo account contains $ 10,000 for virtual trading.
- If you want to open a real account, there are Standard option for users. The Standard Account contains a minimum investment for trading for $ 1. To use an account, you must make a recharge amount of $ 10 to activate it. The maximum amount for trading is $ 2,000. Withdrawal to any payment system or card (QIWI, WebMoney, Yandex.Money, Neteller, cards Visa or Mastercard) takes from one to three business days. The minimum payout is equal to the top-up amount for account activation - $ 10.
- VIP Account – is an account for advanced and experienced traders. To activate it, you must make a payment of $ 2,000. To trade on the Olymp Trade using the VIP Account, you can make bets from $2 to $5000. VIP Account owners have their own advantages such as faster withdrawals and VIP support.