Use Of Bonus In Olymp Trade
Risking very small amounts of money to start this transaction from demo account to real money trading is indeed very helpful. You train your mind and emotional muscles with $10 first, then gradually raise it to comfortable amount. The trick worked for me and this is something I would definitely suggest everyone to do.
Sorry to hear that, but in my own experience withdrawals go fine at Olymp. Don’t you think that the problem could be on the side of your bank? Again, myself I made a depo of $15 and got it all back upon the first request. Then I again made a bigger deposit to proceed with trading. This is something I always do myself when dealing with a new broker.
I completely agree that trading with unregulated brokers is dangerous. This was the reason why I chose OT to be my broker. They comply with the regulation of FinaCom and they are on the market since 2014, which is a decent term to build some reliable reputation. The other reason is the beautiful simplicity of their trading platform, which I’ve never met anywhere else. It does not require preinstallation and you can understand the purpose of every button intuitively.
You have the opportunity to trade on the most popular trading platform Metatrader4. You can download it on the OlympTrade website.. I know that olymp trade is in high demand, but there are also nuances here that you should understand. Instead of spreads, they take a commission here – so it’s better to specify in advance in the terminal what size it is. But the webinars here, of course, are something necessary – very detailed and always with some original nuances.
According to user reviews, this broker is rated above average but caution is always recommended in the trading business. A Forex broker like OLYMP TRADE provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers.
There is no spread , but there is a brokerage fee that one has to pay when executing trades or holding them until the next day. Clients can use Fixed Time Trades and Forex modes on the platform. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. The same method that was used to fund an account must normally be used to withdraw money.
Each trade is decided on the basis of whether the asset’s expiry value is higher or lower than the strike price. Traders are given an option of customizing their trade durations. How to select assets to trade, and switch from one chart type to another.
As professional traders, we can tell you that there is nearly no difference between the order execution in the demo account and in the live account. The demo account is filled up with 10,000$ and you can change it with one click between the demo account and the live account. In the picture above you see how you can do it. That means you can deposit virtual money on the account if you make a loss olymp trade for example. When the request is received, it is processed within 24 hours; in several cases, this broker credits the funds within a short time. At the same time, if there is any problem the process of withdrawing money can take up to more than 5 days.
Before I opened a trading account with Olymp I heard a lot about fixed-timed trading. Buried under controversial reviews, I decided to check out what this fixed-time trading is. Olymp Trade is the first company practicing this type of trading I found online. I can’t say a lot of good things about Olymp Trade.
Along with training materials, Olymp Trade offers free demo accounts. Those who registered get access to 10,000 virtual coins to play around with. This way, traders don’t risk losing any of their real money while getting over the learning curve. Why would anyone be in need of recovering their money lost with options trading? With Olymp there is only one way to lose money – make silly trades.