Sai Reddy Olymp Trade Instagram

What I like most about Olymp Trade is that I can work here on my own and nobody imposes their help. Yes, there are always technical moments and questions. You should not hope that you will find the ideal platform or broker that will make a profit when trading without any strategy. After all, your result depends only on you, your approach to trading and your knowledge.

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.

OlympTrade seems to be geared towards new traders who are interested in trading more as a hobby than a profession. The website lists the average trade size for the “last month” as $4.7 with 37,990,740 closed trades for a total trading volume of $171,236,104. This would leave the average trade size at $4.5. It does show that there appears to plenty of trading activity from the retail crowd.

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, 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.

But you can trade on your own, for example, they have indicators of how other traders trade at the moment. You can see how they trade on an asset and copy the deal. This does not require any special knowledge or a lot of time. And to contact someone from Olymp Trade, you can email them or write them in the contact form right on the website.

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.

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.

All I know is that Olymp Trade is a very popular broker with a large number of traders. It’s been a year since a started to work with this platform and I’d like to share my experience. When I was a beginner, I was frustrated many times at losing. The first thing you need to do is get rid of negative attitudes and fear, become a supporter of even a small percentage of people who earn, including trading with Olymp Trade. You can visit any site or social network and see that a smaller part of them, but still exist. This is true, the smaller part earns on olymp trade the larger.

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.