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Static.Olymptrade.com Review: Is Olymp Trade A Scam Forex Broker?
Olymp Trade Review: this is the name of a Forex broker that is located in the offshore region of St Vincent and the Grenadines. Is Static.Olymptrade.com a scam or legit Forex broker?
When we checked for the location of the broker, the address we found was discouraging. Olymp Trade is located in an offshore region where Forex trades is not regulated. What this means is simply that no regulatory commission is watching over these kinds of trades. Brokers in this region can trade how they prefer and do not fear the consequences of any regulation.
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This is why, most times, we do not encourage our readers to opt to trade with offshore traders. Since they are not mandated to play by the fair rules of trade, they may misuse invested funds. This is the opposite of what we find with regulated brokers.
It is common for Forex brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.
Olymp Trade claims to offer fast and easy transaction methods and means. They also mention that they have 20,000+ users who use their trading platform every day. Awards are also mentioned on the website as part of their achievements.
Olymp Trade Trading Platform
Olymp Trade offers traders the MetaTrader 4 trading platform. The MetaTrader platforms are commonly used because they allow the use of trading robots.
Legit brokers are known to offer at least the popular MetaTrader 4 or 5 trading platform.
These platforms are very good signs as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating system. All can be used on desktops, Linus, windows, iOS and Android.
Tools that comes with these trading platforms are also found to be useful for traders. It has proven to be user friendly as well and helps traders in analyzing the market easily.
Trading instruments offered to traders are: currencies, metals, and stock indices. It is mentioned that they are 78 in number which is not impressive. We find that it does not offer crypto option to clients. We know that legit brokers offer currency pairs, indices, CFDs on many commodities and cryptocurrencies. It is important to let traders know the options open to them.
Maximum leverages offered is not mentioned so we cannot tell if is too generous to the point of being dangerous. However, we found that it claims to have spreads as low as 1 pip.
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Spreads of 1.5 pips or below are what is obtainable in the forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.
Deposit and Withdrawal methods on Olymp Trade
The means of making payments and withdrawals are: VISA, MasterCard, Neteller, WebMoney, FasaPay, and Skrill. It is encouraging that some e-wallets are available for transaction.
This is because standard and legit brokers make deposit and withdrawals available via Visa, MasterCard and Wire Transfer. Many offer e-wallets like: Skrill, Neteller, UnionPay, FasaPay, and so on.
Minimum deposit required is not mentioned making it difficult to know if it is within the obtainable average of $100 – $250 among brokers or not. Withdrawal charges are not stated for this broker. Sometimes it is better to mention if they apply or not. We do not even find any terms and conditions; this is a shady thing. Traders are expected to sign up for something with unclear conditions.
This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.
Is Olymp Trade Licensed?
No. Olymp Trade is not a licensed broker neither is it registered under any recognized Forex commission. It is located in an offshore region and Forex trading is carried out without regulation in that region.
Regulated Forex brokers in Europe, America, Africa, Australia, and Asia are under many strict rules. The regulatory bodies like the FCA, FSCA, CySEC, AISC, NFA and many others have regulations protecting Forex traders from unfair brokers. This is why they come top as recommended Forex brokers.
Although we find many mentions on the page of the customer support system and how it works 24/7 but we are not provided any means of making use of this service.
As an offshore based Forex broker, we cannot recommend Olymp Trade to our traders. Rather, we would ask them to seek brokers regulated by top commissions. The trading conditions offered count for little in this case.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website
Olymp Trade Review
Risk Warning: Your capital may be at risk
Olymp Trade Broker Review
Olymp trade broker is one of the fastest growing options and forex internet brokers with millions of registered users. The massive amount of orders placed on the platform and the millions of American’s dollars invested through the broker each day are the best broker review you can get about Its safety and transparency. Thousands of reviews were carefully evaluated as well as the accreditation and the various investment products offered by the broker were considered to assess its legal status and advantages for investors. In addition, the practice account, the app, the platform, the many options, the login, the entire website and the investors´ experience were analyzed in order to write the present broker review. Moreover, we explored, test-drove and investigated the whole user experience, making an exhaustive evaluation of the most important aspects, and the support offered to the users by the customer service for any of the most common concerns the investors might have while using the trading platform. The present review covers the various trading needs an internet trading platform has to provide to its customer to be considered appropriate as internet broker. The platform is described in great detail for your perusal and to facilitate the choice of a broker for your options and investments.
The broker is an excellent match for your trading. Nowadays, choosing a legit options internet broker is a challenging task. There are hundreds of new ads every day, which might be confusing. The internet is plagued with uncountable internet brokers’ websites. However, you have to go over them and review its accreditation and business reports carefully before you choose them or make any monetary deposit. This article aim is to provide an exhaustive and unbiased description and evaluation of the internet options and forex broker. The website, the broker trading platform, the broker learning and educational material, each technical tool offered by the platform for market technical analyses and price movement anticipation as well as each feature the platform offers to its users, and how suitable it is for investors.
What is OLYMP TRADE ?
Olymp trade is a legit internet broker. The options internet broker was created in 2020 to simplify options (BO not any more) trading making accessible the stock and forex market to anybody with an internet connection. It was developed with the latest technology and trading software available. As a consequence, It is considered the flagship of the second-generation options internet brokers. The developers are permanently updating the trading platform to provide a seamless and hassle-free trading experience for every user. Its software is easy to use and very intuitive allowing its users to focus on the market and trading without any worry about complex programming or software learning. The platform is self-explanatory and contains easy to follow tutorials, which systematically guide novice or new users along the platform and all its trading modalities or investment options. The new investors can self-assessment their trading skills and corroborate their trading learning over time.
Olymp trade has been on the market for the last three years winning several awards and industry recognition. The broker is worldwide available, and currently, It has registered investors or users from more than 165 countries. The Broker is praised as the easiest and most investor oriented options internet broker. The broker is reported as more than just a website or stock exchange portal; millions of reviews posted by certified registered users said that the internet broker is a loyal and reliable financial partner. The portal goes the extra mile by providing continuous webinars and educational materials for increasing the chances to get profits for its entire users free of charge. The broker wants that the millions of its registered users get profits and increase their revenue generated on its website.
Olymptrade is devoted to ensuring the best trading experience for all its registered users. The broker has been improving its service quality and compelling with the industry standard since its creation. It exceeds the regulatory agencies guidelines and requirements for options and forex brokers, for this reason, On February 22, 2020, Olymptrade was admitted to join the International Financial Commission (FinaCom). The Olymptrade FinaCom membership is a financial industry public recognition of the Olymptrade transparency. The internet options broker strives to offer a unique trading experience to every one of its registered users.
Olymptrade Broker And User Experience
Olymptrade broker developed its platform to grant access to the options market to anybody regardless of his educational level, background financial knowledge, or trading experience. The broker simplifies the complex options market and breaks down the various financial tools and indicators making those comprehensible to anybody. The broker makes his best effort in educating the entire users’ community. The broker compromises are to deliver a five-star customer service and the best trading experience to every registered user on its platform. The broker is improving the platform to help its users developing their negotiation skills and increase their profits generation potential in the shortest period. The broker is not just an internet broker. The broker is a whole options and forex learning, practicing and trading platform.
About The Broker
The Broker is present in more than 22 countries. The Broker offers assistance, learning materials, customer service, and the platform in six different languages. The broker has a friendly and problem solved oriented customer service. The broker has three separate accounts with up to 90% of profitability per transaction placed on the platform. The broker encrypted all the accounts holders’ information, preserving their confidentiality and security. The broker only shares the users’ personal or financial information with the government regulatory agencies, which maintains a strict supervision over the broker operations. The broker is proud to keep a clean record with absolute clearness and transparency of the users’ money management and accounts flow. The broker is ever watching new ways to improve the trading experience on the platform.
Olymptrade Reviews On The Web
The Olymptrade reviews are consistently favorable and positive. We have gone through thousands of reviews in several trading platforms and options forums from around the globe. The reviews report that the platform is extremely easy to use and user-friendly. The most popular Olymptrade broker features posted on the reviews are its fast account withdrawal process and the option to get up to 90% of revenue from the options trading. The reviews said that the broker order placement and account management is honest and transparent. The reviews certified that the investors are satisfied with the broker financial products and the options.
Olymp Trade Platform Trading Tools and Resources
The Olymptrade reviews reported that the platform is well equipped with the most popular and useful trading and technical tools. The reviews found adequate market material and economic resources to make on the platform the required data analyses and get an accurate price and market movement anticipation for each of the trading modalities or the investment options.
The reviews on the educational material reported the permanent improvement and efforts done by the broker to maintain educated and well informed its users. Several reviews mention in a positive way the webinars, eBooks, videos, and blogs offered by the broker to all its users. The reviews on the educational materials considered that the educational materials had been carefully chosen to deliver the information efficiently and teach users how to become better options investors and maximize their profits or revenue potential on the platform. The broker Books can be downloaded from the platform free of charge, and it can be read in any compatible device offline.
The reviews on the educational material found that the broker divided the courses, webinars, and the continuous educational materials in two groups. One group is for beginners or novice investors and the second group is for professional investors, who can skip some basic concepts. The educational material is strategy based; the content is intended to help the registered users to get the investors´ mind and the investors’ psychology. The users found useful and goal oriented the posted material available in the education section.
The reviews on breaking financial news, market behaviors, and economic release said that the platform is continually updating and posting the most important information for the most important markets around the globe in a timely manner. The information displayed on the platform is considered adequate and enough to understand and anticipate the market movement or the assets’ price behavior on the platform or the asset’s next price moving direction. The Olymptrade reviews often mention the market analysis section, which helps investors to solve some of their trading doubts. The reviews evaluated the platform market updates as excellent and on time.
Three different accounts
The review on the demo or practice account is entirely favorable, the sing up process is quite simple, and the practice account can be used seconds after the Olymptrade sign-up operation is performed. The 10.000 USD of virtual or fake money in the practice account impressed to be more than enough capital for trading testing or learning the trading basics on the platform. The registered users did not find any difference in orders delay, price charts displays, or technical tools available on the platform between the three different accounts.
Review on the standard trading account
The standard trading account is evaluated as versatile, productive and revenue oriented by thousands of registered users. The standard trading account can be open with just 10 USD or 10 EUR, making the standard account, one of the lowest first deposit trading accounts in the world. After, the account is funded the users can expect a revenue of up to 80% for their investment. The standard trading account is the first investing level offered by The Olymptrade broker.
Review on the VIP Trading Account
Olymptrade VIP trading account provides a new set of advantages and benefits for its users or VIP investors. The platform offers a private VIP consultant to address and take care of any concern of the VIP account holders. There are exclusive webinars for the VIP members, and unique and tailored trading strategies with higher profits generation potential are offered for them. The VIP account can be opened by anybody who makes a onetime deposit equal or higher than 2000 USD or 2000 EUR into his trading account. The VIP account holders get up to 90% of revenue or profits from their options investments. It is 10% higher than the standard account. The Olymptrade reviews found the many features of the VIP trading account extraordinary useful.
Reviews on Olymptrade Customer Service
The Olymptrade customer service is evaluated as friendly, proactive, and easy to work by the investors. The customer service can be reached 24/7 in six different languages. The employees and representatives impress to be well trained and gently. The customer service works fast to find the best solution to any possible trading issue, which may arise, or they give the best answer to any users concern. In the event of a significant problem or any unusual claim, the customer service will do their best to find the best solution, and you will be redirected to the manager or person in charge to avoid time delays in processing any claim. The reviews on customer service are positive in general, with several happy users, who praised their professionalism and cooperation. The customer service is found to be adequate in answering time and following the protocols.
Olymp Trade Scam ?
Olymp trade is a legit and fully compliant internet broker registered with the Financial Commission (FinnaCom). The Financial commission insurance each trading account for 20.000 USD. Two companies the Smartex International Ltd and wallfort limited owned and operated the Olymptrade internet broker. The physical address and registration for both of them are:
Smartex International Ltd
Registration Number 144540, which headquarters Registered Address, is Suite C, 2nd Floor, Orion Mall, Palm Street, Victoria, Mahe, Seychelles.
Registration number HE364695.
Which headquarters Registered Address is: Irodi Attikou 8A, Lakatamia, 2332, Nicosia, Cyprus.
Is Olymp Trade a Scam?
Not at all, there is no any single evidence found about a scam. Either by this review or by the thousands of private and regulatory agencies reviews about the forex and options internet broker. We had not found any indication which might suggest that Olymp trade is a scam. On the contrary, the several exhaustive reviews on any scam allegation or claim made public up to now, discard the possibility of a scam or any mismanagement of the account holders money have been ever practiced. The best scam review in which you can trust with the most accurate and useful information about a possible scam, false advertising or misrepresentation of the financial instruments available for its users to invest on them, is the millions of active registered users, who are investing millions of dollars each day through the broker and have been active members of broker for more than 36 months.
Olymp Trade Scam Is Possible?
Olymp trade scam is not possilble. If there were any scam or wrongdoing by the internet options broker, the professional Inventors and the oldest account holders would have left the internet broker immediately, and their negative feedbacks and reviews about scam should have been on every important trading blogs and trusted internet brokers websites. The evidence indicates that a scam is not present, moreover, the platform and the internet broker exhibit a proof of clearness and transparency in the entire Olymptrade trading process, Olymptrade money management, and Olymptrade order placement, which are corroborated by the regulatory agencies.
How Can I Be Confident There Is Not Olymp Trade Scam?
Olymp trade scam is not present on the options internet broker. The Financial commission can be contacted by any user to fill a complaint against the broker. The user can be sure of the Financial Commission will do a professional investigation of any allegation (even the fake ones), and he will get a clear and absolute legal answer to it. Additionally, the Financial Commission insurance and will pay up to 20.000 USD to the account holder in the unlikely event of the internet broker insolvency.
Is Olymp Trade Safe?
Yes, it is. , Olymptrade broker follows all the industry protocols. It fully complies with the regulatory agencies requirements to maintain its internet broker accreditation. The internet broker takes extra steps to ensure your personal, financial, and trading information is secured. The platform reflects precisely the orders placed by investors on it. The platform maintains a 24/7 balance availability for the users to invest it at any moment they consider it. The broker or the platform have not experimented any security breach or information leak during the entire period in which the broker has been conducting business.
Olymp Trade Demo
Olymp trade demo is the best way to test and corroborate for yourself the many advantages the broker offers to its users. The demo can be open by anybody of legal age and from the countries where the demo is permitted. Opening a demo account is a straightforward process, in which you only need to sing up to get it immediately. During the demo sing up you just need to indicate your name, email, telephone number, create a password and select between dollars or euros as your trading currency to get your demo account.
How Soon Can You Start Using The Olymp Trade Demo Account?
Once the users had finished the Olymp trade demo sing up, the users can start practicing or investing with virtual or fake money on the platform. The demo account gives 10.000 USD or EUR depending on the currency selected, for the account holders perusal. Taking into consideration that the minimum order accepted by the platform is one USD, anybody can take advantages of up to 10.000 positions. Simultaneously, the demo gives access to all the analytical tools, indicators, and oscillators included in the platform. Additionally, the demo lets investors use each of the broker investments modalities.
Olymp Trade Practice Account
Olymp trade practice account is entirely free of charge. The investors can corroborate how well design the platform is with a practice account. The practice account does not have an expiration time. The investors can use it as long as they keep a favorable balance from the 10.000 USD of virtual money they received when they open their practice account. The practice account setting and management are similar to the other two accounts available, with real-time market quotes. The practice account is a versatile learning tool, which should be used by any investor, who wants to test his trading skills and his stock moving direction or price anticipation accuracy. The practice account can be opened by anybody, who wishes to learn about the broker trading platform or options trading
Is Olymp Trade Login Simple?
The login is as simple as it can be. The users need to fill their registered email and password to login into their trading account and start placing orders immediately after it. The user also can login with their Facebook or Google accounts. The login process is the same regardless of the account type. The users can login from any internet compatible device or by using the app from their smartphones.
What Olymptrade Login Required ?
Olymptrade login is the only required step to deploy the whole trading platform. There is no need to download any software to place orders of doing any options trading on the platform. The login opens the entire options market for the registered user. The login can be done from any computer or internet compatible device at any corner of the world and take advantages of the technical tools and various indicators and oscillators integrated on the platform.
Login to Platform
Login from your smartphone and keep trading while you are on the go. Login to watch the market and read any important market updates or economic release. Login to learn new strategies and practice trading during any free time. Login and enjoy all the many benefits of the broker trading platform to perform your analyses and place your options orders at your convenience.
Olymp Trade Thailand
Olymp trade Thailand brings the award-winning broker’s platform and the safety and transparency of the broker to the Thai people. The Thailand subsidiary is one the leading, most popular and fast-growing internet brokers in the South Asia region. The Thailand broker processed more than 25.977.878 options trading orders during the last month.
Olymp Trade Thailand Trading Platform
The Olymp trade Thailand trading platform is in the Thai language with the Thai characters and symbols, to avoid any misunderstanding or time delay translating from any foreign language. Additionally, the Thailand customer service is provided on Thai language 24/7, the Thailand employees received the same high standard training as any other of the best service financial product companies’ customer service representative. There is no other difference but the language between the users of the rest of the world platform and the Thailand trading platform.
Olymp Trade Thailand Accounts
Olymp trade Thailand offers the three different account types. Thailand only difference is the language from the original Olymptrade broker main site. The Thailand broker mission is to simplify the options trading process and make it accessible to any Thai. The Thailand broker wants to provide the already known profit generation potential of the options trading to the people of Thailand. The Thailand broker has a payout of up to 90% of the investment amount. In Thailand, it is the preferred internet options broker.
Olymp Trade Indonesia
Olymp trade Indonesia is one of the latest Internet broker services provides by the internet forex and option broker. The primary focus of the Indonesia broker is to become the number one options internet broker in the Pacific region and worldwide. The Indonesia division is a second-generation internet broker, which incorporate all the technical tools needed to perform options trading online without any need for software download or sophisticated equipment. Any Indonesian from any computer can access the Indonesia broker and open a practice account for free to learn about the stock market and the options trading.
Olymp Trade Indonesia Trading Modalities
Olymp trade Indonesia currently offers options for the stock and forex market. During the last month, the Indonesia division paid out 6.364.319 USD to its registered users for their options trading profits and revenues. The Indonesia division members’ reviews reported high levels of customer satisfaction. The Indonesia division members indicate that the learning materials and the practice account are excellent for learning to invest on the platform. The Indonesia division best publicity is done by word of mouth of thousands of Indonesian registered users, who are making money from their options investments.
Olymp Trade Platform
The Olymp trade reviews on the platform refer to it as very easy to use and with simple displays. The platform only offers options trading, in which the investors have to select between buying a Put or a Call for their options. The number of assets currently available for trading on the platform is around 65; they are divided into two principal groups, which are commodities and currencies. The platform is internet based, or it is based on the cloud that means there is not any download required to use it and take advantages of all the instruments, financials tools, prices charts, indicators, and oscillators all of them are fully integrated on the platform on the cloud.
Olymp Trade Platform Design
Olymp trade platform design is clean and practical. The developers intended to maintain the platform, easy on the users ‘eyes and as simple as possible to ensure understanding by any beginner or professional investor. The platform has a tutorial or explanation for each of its features. The platform displays is set to have the price charts on the left and the trade action buttons on the upper right. There is even a color key on the platform, which facilitates the fast call to action buttons identifications. A green button and an upside arrow for calls, or to place orders in which the investors anticipate the options price will be higher at its maturity time. On the other hand, a color red button downside arrow for puts, or to place orders in which the investors anticipate the options price will be lower at its maturity time.
The technical tools can be displayed on the price charts just by selecting them from a long list on the left upper part. Additionally, the platform delivers various technical analyses and the most frequently used options indicators. On the bottom of the platform displays, there is the entire recorded trading history of the asset. Using the platform for options trading is similar to using any of the best trading software, which the extra convenience that investors do not need to download any software or pay for getting the various technical tools it has already integrated.
Olymp Trade Place Order Delay
There is virtually no delay in the order placed on the platform and its execution. The platform processes all the orders placed on it in less than a second. The platform reflects the investors’ selections, expiration’s time, and investment amount accurately. Its developers are permanently improving the platform and reducing further the time delay between investors order placements and the execution of them by the Internet broker.
What Is the Auto Trader?
The auto trader or the auto software is a sophisticated computer program developed to identify a market momentum and place orders or buy options on the best possible market conditions. The automatic trading software is programmed with literally hundred thousands of market patterns and recorded assets trading history, which enhances the automatic trading program analytical power, making the automatic trading software more reliable than most expert brokers do. The automatic trading software deploys several trading algorithms, which in seconds go over the studied asset, compare its market behavior, and find the best time to enter or exit the market. The software, which is called a options robot by some investors mission or only goal is to get profits from market anticipation with great certainty and fantastic accuracy.
How Does The Auto Trader Work?
1.The investors need to register into an auto trader account or into the automatic trading program account.
2.The investors set the amount that the automatic trading software will invest per signal or per order placed on the user´s behalf.
3.Afterward, the investors can fund the auto trader account or set the maximum amount he wants to invest on the automatic trading software.
4.Once the software finds a favorable and recognizable signal, the automatic trading software will invest or buy a call or a put accordingly to it.
5.The automatic trading program based on the market signals will determine the expiration time for the options.
6.The automatic trading software will place orders every time the market signals, indicators, and oscillators agree with a previously identified market behavior.
7.Investors can stop at any moment the auto trader software or modify the trading settings.
How Accurate Is The Olymp Trade Auto Trader Software?
The Olymp trade auto trader software accuracy varies from time to time. There are weeks in which the auto software has several winning options consecutively, without any wrong selection or any options out of the money at their maturity time. On the other hand, The auto software could place an order, which would end out of the money from time to time, due to the highly speculative nature of the stock market, or to a market unexpected variation. On average the auto software developers and users reported a winning rate of about 85% of times on the platform.
Can The Auto Trader Software Do All my Trading?
Yes, The Olymp trade auto trader software can do all your trading and investing. However, expert investors highly discourage anybody from trusting blindly to any trading software or options robot. The options trading or any financial market investment tool required that the investors devote time to study and learn to recognize the various market signals. Understanding the market behaviors and the essential reasons for assets’ price moving direction and market anticipation are based on price charts recognitions. A mixed of technical and fundamental analyses, which most investors insist are done better by trained and educated people than by options robots or trading software such as, The auto software.
Is The Auto Trader Software Legal?
Yes, of course, it is. The auto trader software is allowed in more than 36 countries. The internet broker only offers 100% approved and legit financial instruments. The permanent supervision of the regulatory agencies and watchdog groups on the internet options broker will not permit the public offer of an illegal investment option neither by Olymptrade broker nor by its subsidiaries. The auto trader software is not a scam. Anybody can take advantages of the automatic trading software for as long as they want.
The options are the core of the broker and the unique reason for the platform development. The investors can buy options on 65 different assets. The registered users can choose between commodities or currencies for their options. The Olymp option quotes and market behaviors are updated every second to reflect the latest market information. The Olymp option opens the complex stock market investment to anybody who desired to participate on it. The Olymp option has been the entry door to the options trading for millions of people around the globe. Thanks to the Olymp option, there are hundreds of beginner investors, who are now full-time professional traders and make their living from the broker investing financial products.
The Risk Free Olymp Option
The Risk free options are one of the safest and best ways to invest on the forex or stock market. The platform has a unique investment product, the Risk free Olymp option in which the investors can get back up to 100% of their invested money, in the event that their options end out of the money. The Risk free option works similar to hedge investment, in which the Risk free Olymp option invested money is protected or insured against any unfavorable outcome or a wrong price moving direction anticipation. In the event of an erroneous signals interpretation or inaccurate price anticipation, investors can get up to 100% of their invested money back with the Risk free Olymp option. The risk free Olymp option is as safe as any trading instrument can be.
How the Risk Free Olymp Option Works
The risk free Olymp option works by letting the investor selects the amount of money he wants to risk on any Olymp option or in any options order placed by him. The risk free Olymp option insurances the invested money against possible losses. The steps to use Risk free Olymp option are:
1.The registered user selects the assets in which he wants to invest
2.The registered user does the fundamental and technical analyses for the available commodities or currencies.
3.The registered user selects the Risk free Olymp option trading modality before placing his order.
4.The registered user chooses to buy a Call or a Put for his Risk free Olymp option
5.The registered use selects either the amount of money he wants to risk or the amount of money he wants to hedge. The average or more frequently used setting for the Risk free Olymp option is to risk only 20% of the invested money or to hedge or insurance 80% of the invested money. (e.g., a Risk free Olymp option order for 100 USD will lose only 20 USD if it ends out of the money, or the trader will retain minimum 80 USD when he fails to anticipate his options final position accurately.)
Is Risk Free Olymp Option an Olymp Option Scam?
No, the risk free Olymp option is an entirely legit financial instrument. The risk free Olymp option is similar to the hedging seen on the stock market. There is no any single evidence or suggestion of any Olymp option scam related to the risk free Olymp option. On the contrary, Risk free Olymp option protects the registered users against their technical analyses mistakes or the price charts misreading. The investors, who use the Risk free Olymp option avoid losing all their invested money when their Olymp options end out of the money or they misread the market signals and failed to anticipate the next price moving direction.
Olymp Trade Options
The Olymp options uses the technological breakthrough to open the stock market profits generation potential to the nonprofessionals and regular people. The asset reduces complex technical tools to just a yes or no answer selection from the call to action buttons to let know beginner traders about the best enter or exit point in the market. The has developed its own platform to avoid traders’ confusion and reflects the orders place accurately by the trader or the users’ choices.
Olymp Options Revenue and Trading Modalities
Olymp options gives revenue up to 90% of the invested amount for The VIP registered users and 80% for the standard account registered users. The trading modalities are options calls or puts, in which the traders have to anticipate either if the assets price will be higher or lower at a particular time in the future. Platform prevents wasting time with complex mathematical formulas and endless articles reading, by offering to all the traders, the easiest and most effective trading strategies and the most efficient trading learning materials.
Olymp Trade Options Expiry Time
The Options expiry time can be freely adjusted by the traders. The investors can choose their own expiry time for every Olymp options or orders placed on the platform. The expiration time for options can be from 60 seconds to 180 minutes. The platform can display the price charts, market indicators, oscillators adjusted for the traders’ selected expiration time. The platform technical tools integrated on it, works smoothly and accurately with any Olymp options expiration time.
Olymp Options OTC
The options OTC can be traded during weekends or national holidays. The options over the counter allow traders to take advantages of the extended operating hours of the broker. The options OTC trading is done between the traders registered at the platform and the quotes or price variations are led by the free market equation of the asset’s offer and demand, while the world markets are closed. The platform updates every second the asset’s price. The options OTC are managed with the same transparency and clearness of the regular broker business.
What Are Olymp Trade Options Advantages?
- Citizen of 165 different countries can use it.
- Can be traded by any person of legal age, who only needs to invest 10 USD or 10 Euros in opening a standard trading account.
- Offers a demo account with 10000 USD of virtual money to practice, learn or test-drive the platform.
- Has its unique platform that is cloud-based or internet based, avoiding the need to download any software or the need for sophisticated computer hardware.
- Can be accessed from any corner of the world.
- Has integrated on the platform the most useful and used technical tools. Therefore, registered users do not need to use different software to get their market or technical asset analyses.
- Minimum trading amount is 1 USD or 1Euro making Olymptrade broker one of the most affordable brokers on the world.
- Registered users can deposit or withdraw money from their accounts commission free.
Olymp Trade App
Olymp trade App is the latest adaptation of the broker to the mobile society in which we are living nowadays. The App delivers the entire platform with all its technical tools, price charts and trading buttons to any smartphone, tablet, or compatible device. The App has been developed to allow the ultimately interface with the broker cloud or the platform and enable the registered users to invest on the go. The App gives freedom to move and simultaneously monitor the market on the platform.
Olymp Trade App Reviews
Olymp trade App reviews reported that the App displays and technical tools for trading are similar to the regular platform with similar displays and intuitive self-explanatory interface. The App maintains the market updates and price variation in real time. The App time displayed on the price charts is the same as the time zone where the registered user is located at the moment he is using it, and it changes while the registered user is traveling between time zones. The App permitted the order placement in every broker investing modality, including the Risk free option. The Investors can choice their expiration time while trading on the App.
Android Technical Specifications
The Olymp trade App was recently updated on December 1, 2020, to the 2.7.13 version, making it faster, more versatile and better adapted. The new App requires Android 4.0.3 and up in order to get all the many technical tools and information needed to be displayed for trading and every interactive tool available on the App for your perusal. The App is 100% developed by the internet broker.
Olymp Trade Android
Olymp trade Android works perfectly on any Android device. The Android App was developed with the essential smartphone features to ensure most Android devices can open and deploy the Android App. The Android does not need any sophisticated graphics processor or advance screen resolution to display the various price charts, indicators, oscillators and assets recorded investment history. The Android transforms your Android phone into a trading station. The Android can download free from the Google Play store.
Olymp Trade Download
Olymp trade download is only required for the app. The broker platform does not need any downloading or additional software to be accessed or used from any computer, laptop, or internet connected device. The platform is 100% cloud located or internet based, for this reason; there is no need to download it. Download the App into your smartphone to unleash the power of the trading platform into your mobile device. The download links are fast, virus and malware free. The download is done directly from the smartphone store.
Where Can I Download The Olymp Trade App?
You can download the App free from the Apple store or the Google Play store. The download has more than 5.000.000 registered users downloads. The lasts update was done in October 2020 for Apple’s devices or IOS and just in December 2020 for Android’s widgets.
Olymp Trade Apple
Olymp trade App can be downloaded from the apple store and use on any IOS device, IPad or iPhone. The IOS provides a fast interface and excellent display for the App. The App works flawlessly under the IOS, and every desired feature is currently available on the App. The App for Apple is quite similar to the Android in terms of functions, orders delay, and market updates. The App used from an apple device transform it on a sophisticated and fully functional trading station.
Olymp Trade App Apple Technical Specifications
The Olymp trade Apple App was recently updated on October 25, 2020, to the 2.1 version, The entire App for Apple has a size of 79.2 Mb. The new Apple App requires IOS 8.2 and up in order to get all the many technical tools and information needed to be displayed for trading and every interactive tool available on the Apple App for your perusal. The Apple App is 100% developed by Smartex International Ltd the owner of the broker.
Olymp Trade APP Ratings
Users gave 17 out of 20 points to the App friendliness and simplicity. The App received a similar evaluation to the broker website. The app is welcome by the trading community. The App also works for Thailand and Indonesia users.
Olymp Trade Deposits
Olymp trade deposits can be made from as low as 10 USD or 10 Euros; even the first time deposit can be made for just 10 USD or 10 EUR. The deposits processing time is pretty fast and it will depend on the payment method used to fund your account. The deposits are available into your account immediately after the bank, or your payment method accreditation is done.
How to Make Olymp Trade Deposits
The deposits are fast and hassle-free, it can be done directly on the platform or even on the App. Users can make deposits into their accounts by selecting the deposit button from the Olymptrade dashboard or from the display of the platform. After they choose the deposit button, they need to insert the desired amount they want to deposit into their accounts and select any of the payment methods. If you want to take advantage of the bonus, you can choose the open window. On the contrary, if you don’t want the reward, you only need to close the bonus windows and proceed with the regular deposit.
I am always in search of good investment strategies and investing in forex or shares have been my priority. I have made a huge profit by putting my money in these niches. However, recently I came across this Olymp Trade. This happened four months back. I had read about the app a lot and wanted to get some experience myself.
The app provides dummy and real account. You can invest with the dummy account for virtual money which is only to prepare you for the real game. While I was practicing and trying to learn the tricks to get some good money in my account, I figured out that the set up was quite easy.
When I was playing with the virtual money, I was able to make a lot of profit. It was rare that I missed on any of the transactions. That is when I decided how bad it could be. The minimum investment said 10 dollars. However, I thought of starting with $500. They did have the option to withdraw the money but did not know if that worked.
After the real account was activated. I started investing for real. This was not at all similar to the dummy account. I was losing more than I won. I was getting desperate and did not know when I consumed the entire $500.
I thought it to be my bad day. So, I tried with the dummy account for few more days. As the time went by, I realized that it was easy to win with the virtual account. So, I thought of giving the real account a try for the last time. You know, the rewards are shown so beautifully over the internet that anyone would fall for it. I am an experienced trader. If
I could then anyone else could.
But, I was looking forward to one last try. I again refilled my account with $500 and started trading. At first, I won for few trades and then the graph went down. The number of losses again started to grow, giving me an indication that something was wrong.
I also checked the reviews again on the internet and it seemed too good to be true. I realized that all the marketing gimmicks were just drawn to lure traders to invest more and keep trying.
In total, I lost $1000. I would also like to add one more thing. When I tried to install the app, it asked for many permissions. For example, my ID, photos which were irrelevant to the application, I guess. I did allow the app to access that information. However, if this is some kind of scam that works on personal information, I would be damned.
If you guys are also planning to try this thing only by looking at the amazing reviews of other people, believe me, you would repent later. If you wish, you can start with a few dollars and do not take this app rule over your head. I have also seen people, who invest even after knowing that the app is a scam.
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