Olymp Trade Broker: Your Gateway to Financial Markets

Olymp Trade is considered one of the best companies suitable for traders who are just exploring the possibilities of trading earnings.

This is explained by a number of the following factors:
– traders, who decide to try their opportunities in the financial market, have a findable demo account of the amount of 10000 conventional units (euros or dollars). There is no need to make an initial deposit to activate it;
– trade transactions (account funding) can be in any of the following currencies: euro or dollar;
– the minimum deposit is, which is equivalent to 10 euros/dollars;
– the minimum bet is 1 dollar/euro;
– a commission is not charged for all technical operations related to the input/output of funds;
– there is a bonus program (the size of bonuses is non-permanent, about 20-100%).

The company takes maximum care to ensure that the functional characteristics of the terminal are clear even to the person who just opened earning opportunities. However, a key feature of the broker Olymp Trade is the trading of an early closing of the transaction (it operates almost 75% of the time from the moment of position activation). It is beneficial to use this feature in the following situations: when the transaction is in a profitable position, but due to unforeseen circumstances there is a high probability that the price may change its direction by the time of the trading expiration; when the transaction shows a negative result, and prospects for further change in the trend are not observed (in the case of an early closing, the trader is limited with a loss of 20-30% instead of 100% of the amount of the bet).

Attention! The function of early closing is available on both live and demo accounts. Therefore, the user can get acquainted with the mechanism of its use without investing his funds. Olymp Trade uses quotations from the largest investment banks and broadcasts the weighted average to the platform.

Olymp Trade offers a diverse selection of trading instruments, with more than 200+ assets available to meet the needs of traders worldwide. These assets span a wide range of markets, including:

• Currency Pairs: Major pairs with USD, cross rates, exotic pairs, and cryptocurrencies.
• Commodities: Popular options like gold, silver, oil, and more.
• Stock Indices: Access to indices from leading global markets.
• Exchange Shares: A variety of shares from international exchanges.

Trading on the platform is possible around the clock due to the presence of cryptocurrency in the assets and the specially developed company CryptoIndex. It shows high profitability (up to 70% on a regular account) even on weekends.

Trading is possible with several types of trading: classic Higher-Lower and time-trading. It is enough to make a forecast for an increase/decrease of the selected asset in the first variant. In the case of trading time-trading, you predict an increase/decrease of the price by a certain time. The transaction time can be selected from 1 minute to 23 hours, and the platform’s functionality allows you to set your time, for example, 2 minutes.

Olymp Trade has a limit on both the minimum (1$) and the maximum amount of the transaction ($1000). This step is aimed at supporting novice users who are unable to correctly calculate a transaction from the point of view of risk management due to lack of experience. On the other hand, the limit is wide enough so experienced traders do not have restrictions on trading.

Many people on forums ask: is Olymp Trade fake or can you really trust it? Today there are a lot of scam sites. Traders often complain: they send money, and then managers disappear, or they can’t withdraw funds.

So people want to know if Olymp Trade is just another fraud or a real company. After checking other scam brokers, we can say that Olymp Trade is not a scam. It has regulation, reputation, and it does not suddenly vanish. Support answers, site works stable, and there is no big wave of negative reviews.

Olymp Trade is a fast growing broker. In 2016 it joined the Financial Commission. This means traders can get compensation up to $20,000 if there is a serious dispute. Also it has FinaCom certificate, showing it meets industry rules.

The company is known worldwide. In 2016 it got several awards: Best FX broker, best trading platform, and fastest growing broker. At first it was made mostly for beginners, but now it works well for both new and experienced traders with Fixed Time Trades.