Olymp Trade is a trading platform, founded in 2014. Today it is considered one of the most effective companies among its competitors. The platform with FinaCom PLC. Among advantages, there is a free demo account for everyone who wants to tries themselves in trading. The only thing you need to do is sign up. Then you will get the full access to the platform and virtual money in the amount of 10 000$. After practicing you can work with a real deposit. The minimum deposit on Olymp Trade is 10$. The minimum bet for options equals only 1$. Because of such attractive conditions, many beginners want to start their trading path in Olymp Trade.
The company is definitely client-oriented. Everything works for satisfying traders’ needs. That is why the official site complete with a great variety of languages. Moreover, the trading platform is interested in solving all the traders’ problems as faster as possible. Customer support is also multilingual, so whenever you are from, you can rely upon the operative and qualified help.
Demo account, official site
To activate the account you need to leave personal information on the home page. A distinctive feature of this trading platform is that traders in the demo account are allowed to check real trades online. A demo account is very similar to a standard one. It also has a chart, and there are no restrictions in terms of working with the platform or transaction opening. Even after you open a standard account, you can always come back to a demo one for practicing new strategies and analyze indicators’ behavior. Olymp Trade options are not just for fun or investment into some assets. It could become a regular income.
The official site possesses useful information, quality reviews, numerous trading strategies, and webinars. The website also holds tournaments (commercial and free), VIP tournaments. These events allow traders to earn real money, and then withdraw it. Olymp Trade website contains hacks, information about the current market situation, experts’ articles.
Trading terminal, Forex
There are 2 variants of transaction options:
- For duration (from 1min. to several hours);
- For expiration time (minimum 1 minute).
Olymp Trade also allows to open your Forex account and make transactions (sell and buy) without any duration limits. Moreover, the spread (the difference between sell and purchase price) is not presented on the platform, but there is a commission for completing the trade.
There is a special system of benefits for traders with a VIP account. VIP status makes trading more effective and profitable.
VIP account pros:
- Exclusive webinars;
- Personal consultation of qualified analyst;
- Personal manager;
- Non-risky transactions;
- Stocks with minimal % of profit by 2 assets 92%.
It is a good choice even for an inexperienced trader. In order to become a VIP trader, you need to top up the balance for a minimum of 2000$.
Olymp Trade platform has its apps for Android and iOS. You can download it from the official website, Play Market, or App Store. It is a comfortable decision for trading options. It does not matter where you are located, your smartphone is always near, so the Olymp Trade too. The mobile terminal contains all the necessary functions for convenient and effective trading.
The platform offers different bonuses which make time spending more pleasant. These bonuses can be used for trading and withdrawn later. Most brokers in options field offer bonuses with trading turnover more than 50 times (which is impossible for beginners with small deposit and experience).
Deposits and withdrawal
There is a free-commission offer. The company covers all the commissions. Withdrawal always should be transferred to the banking details which trader has used to top up the balance/deposit. You can withdraw money from the deposit even without account verification. For future withdrawal operations from the same card, the system will demand personal account verification. Olymp Trade works with popular payment systems:
The platform also worths attention because the transactions are smooth and quick. It is a crucial factor for such trading platforms. Olymp Trade does everything possible to make the system work without any delays and bags. Usually, the duration of a transaction does not take more than 24 hours.
Olymp Trade is a worthy choice not only for beginners (there is a demo account with a wide spectrum of opportunities) but also for advanced traders (high speed of platform). The official website is always updated. The customer support is highly qualified and ready to help with any questions in any language.
Trading at Olymp Trade could become not only profitable time spending but also interesting because of different special offers and prizes.