Olymp Trade 5-Minute Strategy
This will open a pop-up dialog box which will prompt you to enter your login details. There is no need to worry about hackers, as Olymp Trade offers you just the contracts for trading. So you do not have to store any cryptos in wallets that can be taken apart by hackers in minutes. No longer do you have to wait to profit only when you buy on an exchange. Avoid the complexities and risks of trading on crypto exchanges.
According to the company website and other sources, OLYMP TRADE traders have access to bonuses from 20% to 50% for making deposits. The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Commissions are the charges imposed by an investment broker on a trader for making trades on the trader’s behalf. The level of commissions depends on the asset being traded and the type of service offered by the broker.
At the time of login, the online broker asks you to enter a code, which only you know. This extra layer of security protects your account from anybody who gets hold of your password. Olymp Trade offers two varieties of authenticators—a code sent to your verified mobile number or a code received from Google.
It has several trading tools that help the traders to maximize their profit potential by trading on the platform. It is the best option for new traders who want to learn about prosperous trading. This platform also offers training and educational materials that are useful for investors who would like to start trading on the platform. The users learn about risk management to start trading with Olymp trade with a minimum deposit of $10 and this platform charges a 0% fee on withdrawals and deposits.
Olymp Trade provides training in the form of documentation, live online, and in person. Yes, Olymp Trade has a mobile app for Android, iPhone, and iPad. First, olymp trade review you need to know how certain news can affect a certain asset. During the news release, the asset can go up or down sharply. It is important for us to learn to understand this and then FTT will be able to help us earn good money. Of course, you can make money here, but you need to understand a lot of things.
Then I go and enjoy a good time with friends and family. In order to satisfy my curiosity I glance at Olymp mobile from time to time to find out whether the situation has changed significantly or not. As a responsible broker, Olymp Trade seeks to minimise those risks and create happier customers.
I’ve immediately lost 60$ cause I traded without a strategy. So I thought I’d be more serious and added a couple of indicators to the chart and followed a strategy. And, oh my god, in a couple of days I traded back the money I lost.
Olymp introduced its own trading platform and it offers fast orders execution, there are only minor lags sometimes. The only disadvantage I can mention is that you can withdraw your profits only with the same method, you used to make a deposit. Olymp support team explained me that’s cause of security reasons, but sometimes it can be really inconvenient. On the other hand, the minimum deposit is 10 dollars, so you can make this deposit to add payment method to withdrawal options.
Olymp offers decent spreads and commissions policy and it doesn’t swallow all of your profits if they happen to occur. Everything works fine in demo, as soon as you go live everything turns to shit. Chart freezes, prices zoom the other way to impossible levels so you can never end in the money. In fact prices just zooms the other way and freezes moments after places the “trade”. I recommend that you start in the Olymp Trade education section in the platform. It is an additional application of Olymp Trade that focus on trading education in general.
I’m not sure why, but they are being treated like small children who are unable to take care of their own capital. So the government is saying them, you should only invest in our stock markets. No trading, no suspicious assets, no cryptocurrencies.