Full Review About Olymp Trade
Olymp Trade is one of the online trading and investment brokers that has been around since 2014. During its journey, many rumors said that this service was a scam.In fact, Olymp Trade is a legal broker that can make a profit from trading activities. Interestingly, this broker does not use confusing difficult terms.Therefore, this one platform is often the first choice for novice traders. In Indonesia, Olymp Trade has a large user base. The increase in binary options traders also contributed to the existence of this broker.However, even though it is reliable, you must have a strong base when you become a trader. Do not do something because it follows the trend.
Olymp Trade Review, How to Register
You can register Olymp Trade easily. The reason is, just by filling out a form like creating a social media account, you can directly invest online.
Here's how to register Olymp Trade that you can follow:
- Please visit the official Olymp Trade website..
- Please look in the upper left corner of the webpage that appears, please click the button to register an account.
- Please fill in the requested form, from email to new password.
- Check the "I am of legal age, and I have,..." section, make sure you understand the terms and conditions.
- Please click the Sign Up button to continue registration.
- For the version, you can find a blue button that says Start trading for free to register. Next, you can follow the steps as above.
- After successful registration, you can practice using a demo account first or trade directly with a real account.
Olymp Trade Platform for Trading
You need to understand the signals on the platform in order to trade successfully, including at the Olymp Trade broker. This broker has more than 20 indicators and 4 chart types that can be accessed easily.
Each indicator also has an assistant button to the content page. You can get all these features even when practicing on a demo account. In addition to transactions, Olymp Trade also often holds webinars to upgrade your trading skills.
Webinars and courses on this platform are updated daily so you can learn a lot. On this platform, there are about 77 assets that you can use.
With a simple user interface, you will have no trouble operating it. Trade is one of the few brokers that is quite easy to use.
market several assets, then you can choose the best for your investment instrument. The marketed asset price is depicted through a graph.
Pay close attention to the existing signals because the price is very volatile. Think carefully about the assets to be invested. Because, the amount of profit is directly proportional to the potential loss.
If you allocate funds of 10 million rupiah, then you can get a profit of up to 93% or lose 10 million rupiah in assets.
You can choose the trading duration from 1 minute to 3 hours. When trading, it is important that you monitor price fluctuations.
Because the impact may be significant. If you profit, the earnings will go to your balance in one minute. What must be remembered, do not be ambitious when transacting.
The short period does offer great benefits, but it is also risky. If you are a beginner, it is better to learn first about the basics, strategies, financial management, and psychological management when trading.
If you want to deposit funds, there are several available, including credit or debit cards, bank transfers, cryptocurrencies, skrill, and neteller.
Meanwhile, withdrawals can be made in the same way as deposits. Lightning withdrawals can be completed in real-time.However, bank operators may take up to 3 business days.
Olymp Trade Review: Advantages and Disadvantages of Using It
The popularity of Olymp Trade continues to increase. The platform serves 25 thousand trading clients per day and 250 thousand per month.The amount is influenced by several advantages offered. Here are the advantages of trading with Olymp Trade:
Advantage: Multiplier Maximizes Transactions
Olymp Trade makes it easy for small traders to invest. This broker has an innovative way of making anyone profit.With this system, you can get up to 500 times leverage.
Advantages: Free and Easy Registration
In the past, investors were reluctant to trade forex because of the lengthy account creation and deposit process. But, with technology, anyone can create an account in minutes and it's free. To start trading at Olymp Trade, you only need a minimum deposit of US$10. To make it easier for clients, this broker provides intuitive analytical tools.
Advantages: Trade on the World's Largest Market
Olymp Trade has doors to take you to profitable markets. You can trade 24/7 with foreign currencies, commodities, cryptocurrencies, and even exchange traded funds (ETFs). Apart from regular members, Olymp Trade also has VIP members consisting of investors with a minimum of $2,000 in their account.
Each VIP member is entitled to a personal financial advisor, access to special webinars, as well as attending events with the world's top traders.
Advantages: Program for New Traders
Olymp Trade has a blog that contains important information for a trader's career development. Here, you can find the latest trading tricks and trends. You can learn from the experts.
Advantage: Handled by World Class Team
You can contact the 7 x 24 hour support team for professional help. Here, you can ask for advice and answers to technical issues, accounts and more across 13 languages. Your answer will be obtained in a short time, which is about 15 seconds.
Olymp Trade's Disadvantages in Trading: There are Restrictions
Even though it is popular and has many users, Olymp Trade has drawbacks that may annoy traders. One of them is the restrictions experienced by those who transact with high risk. The restrictions will last anywhere from hours to days and cannot be removed until they disappear on their own.
Olymp Trade's Disadvantages in Trading: The Charts That Run So Fast
Price movements at Olymptarde are very fast. If the price update at another broker changes per second, then Olymp Trade can experience several price changes in one second. With this too fast update, traders often find it difficult to open trading positions.
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