Olymp Trade broker – is a relatively young company, founded in 2014. It is a subsidiary of Smartex International Ltd (Seychelles) and Frandom Holding Ltd (Cyprus). Olymp Trade activities are certified by FMRRC, which is the evidence and guarantee of the broker’s compliance with the Russian legislation.
One of the key advantages of the broker is the availability of a demo account immediately after the registration, which is not common. Usually, a demo account can be opened only after the replenishment of a real account for a considerable amount. Both demo and real accounts allow to cancel the transaction before it is completed with a refund of up to 60% of the transaction amount.
Another important advantage of Olymp Trade is 24/7 technical support. You can get a consultation in any convenient way: by mobile or fixed phone, in online chat or by email. From the foregoing one can make an unambiguous conclusion that Olymp Trade is not a scam, but a solid company which can be trusted. By the way, the broker does not take a commission for the withdrawal of money, while you can withdraw the earnings of up to 3,000 rubles even without verification of documents.
Olymp Trade trading platform is maximally adapted for those who make their first steps in the world of binary options. At your first log the system will tell you how to work with it in the form of convenient interactive prompts. And for those who really want to learn how to trade binary options, there is an entire tutorial section. The disadvantages of the broker include perhaps a relatively small list of tools for trade, but there are all the most popular financial assets here.
Olymp Trade trading conditions
Financial assets
· Around 20 tools: Ńurrency pairs;
· commodities (silver, gold, oil)
Trading platform software
Developed on the basis of the Japanese system Spotoption
· Minimum deposit $10 - €10
· Maximum single-stage investment $200 / €200
Trading signals and Analytics (free)
Training interactive course with video tutorials and webinars.
More than 90% of the reviews about Olymp Trade on the web are positive, which proves the high reliability of the broker. However, you can also find solitary comments of those who are not satisfied with the work of the company. Let’s try to understand their essence. Most of all, the assumed disadvantages of Olymp Trade broker include delays in transaction opening on real accounts. In fact, this nuance is reflected in the rules – the delay can be up to 5 seconds. Severity for such delays is rather high only with the high volatility of the market and the use of strategies on the basis of frequent and fast transactions. Therefore, those traders who prefer such trading approach should be maximally accurate in transactions on real accounts. Click here to get started with Olymp trade.
In our next discussion, we will be discussing the strategy ways of making real money with olymp trade.
