Olymp Trade Review & Free Signal for Beginners 2024
Minimum deposit
- $10
Trading platform
- MT4
- Proprietary platform
Regulation
- VFSC
- FinaCom
Foundation date
- 2014
Olymp Trade is a reputable online trading platform that has gained popularity for its user-friendly interface, comprehensive educational resources, and commitment to customer satisfaction. Since its establishment, Olymp Trade has been dedicated to providing traders with a secure and efficient trading environment. The platform offers a wide range of financial instruments, including forex, commodities, stocks, and cryptocurrencies, allowing traders to diversify their portfolios and explore various market opportunities.
One of the key highlights of Olymp Trade is its focus on education and customer support. The platform offers a range of educational resources, including tutorials, webinars, and market analysis, to help traders improve their trading skills and stay informed about market trends. Olymp Trade also provides exceptional customer support, available 24/7, to assist traders with any questions or issues they may encounter. With its strong emphasis on user experience and continuous improvement, Olymp Trade has become a preferred choice for traders looking to trade the global financial markets.
Advantages of trading with Olymp Trade:
- convenient platform interface;
- low minimum deposit of $10;
- beneficial trading conditions.
Disadvantages of Olymp Trade:
- few trading instruments;
- no tournaments or contests for traders;
- delays when withdrawing funds;
- few deposit and withdrawal methods;
- no investment programs;
- only two trading platforms;
- different trading conditions for different assets.
Olymp Trade Summary 2024
💻 Trading platform:
- Proprietary platform and MetaTrader 4
📊 Accounts:
- Demo, Real, MT4
💰 Account currency:
- EUR, USD
💵 Replenishment / Withdrawal:
- Visa and MasterCard bank cards, electronic payment systems Neteller, WebMoney
🚀 Minimum deposit:
- $10
⚖️ Leverage:
- $1
💼 PAMM-accounts:
- No
📈️ Min Order:
- 0.01 lots for currencies, cryptos, and commodities; 0.1 lots for oil and indices; 1 lot for stocks; $1 for binary options.
💱 Spread:
- No
🔧 Instruments:
- Currency pairs, cryptocurrencies, stocks, indices, commodity assets
💹 Margin Call / Stop Out:
- No
🏛 Liquidity provider:
- No
📱 Mobile trading:
- Yes
➕ Affiliate program:
- Yes
📋 Orders execution:
- Market
⭐ Trading features:
- Binary
🎁 Contests and bonuses:
- Deposit bonus
The Olymp Trade brokerage company is relatively new on the market: it has been providing binary options services since 2015. In the very first year of active work, Olymp Trade was recognized as one of the most popular trading platforms. The company is in a process of providing traders all over the world with the most profitable and comfortable trading conditions.
Olymp Trade is a member of the International Financial Commission (IFC). IFC also regulates the broker’s activities, ensures the interests of clients, and monitors the company’s compliance with all requirements. If Olymp Trade defaults on an obligation to its clients, the broker shall be deprived of accreditation to provide financial services.
A few figures that could be interesting for traders choosing a broker:
Over $1 million paid out to clients;
3 international awards;
5 minutes to open an account with a broker;
$10 is the minimum deposit amount;
The support service responds to customers in 10 languages;
Users automatically get $10,000 deposited into their demo-account after registration;
16,000 clients actively trading in options;
qualified support service works twenty-four/seven;
over 60 trading instruments for traders;
there are over 296 hours of all training videos.
Olymp Trade Free Trading Signals
How to get free Olymp Trade trading signals?
- Create a Olymp Trade account through our website link.
- After registration send us your user ID.
- If you confirm correct registration through our link you will get lifetime free trading signals.
Inehub Expert Advice for Olymp Trade
Olymp Trade brokerage company has been providing its services in the options market for only a short time, but during this time it has proved itself as a promising broker. The company is actively working to provide its clients with the most convenient trading conditions like an intuitive interface of the trading platform, no commission for depositing and withdrawing funds, low minimum deposit, and round-the-clock multilingual support.
Olymp Trade provides a comfortable working environment for both professional and novice traders. The company has obtained hundreds of good reviews. First of all, clients are satisfied with a simple registration process, a small deposit, and the convenient proprietary terminal. Slippage and freezing are practically non-existent on the trading platform. Negative feedback about the company is associated with the lengthy withdrawal of funds.
The support service is ready to help with this and any other problems twenty-four/seven. The average duration of a response to a client’s request is up to 15 seconds, which makes it possible to name the Olymp Trade broker’s support service one of the most efficient. Customer support service responds in 10 languages.
At the moment, this brokerage company holds a leading position among the companies offering traders to earn on binary options.
Trade with this broker, if:
- You value a convenient platform interface, as this broker offers a user-friendly interface, making it easy for traders to navigate the platform and execute trades efficiently.
- You prefer a low minimum deposit requirement. With a minimum deposit of just $10, this broker offers accessibility to traders with varying budget sizes.
Do not trade with this broker, if:
- You are averse to delays when withdrawing funds, as the broker has a history of delays in processing withdrawals, which may indicate potential issues with liquidity or operational efficiency and could affect your ability to access your funds in a timely manner.
- You are interested in investment programs, as this broker does not offer investment programs or opportunities for passive income generation. You may miss out on potential avenues for diversifying your investment portfolio and maximizing returns.
Register now and get free trading signals
The top 10 countries where Olymp Trade is most frequently used
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Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
