Olymp Trade Q & A

Well, there are these new ETFs for trading and investing in bitcoin, they are issued by big instituions in the US so people think its safer. I tried trading it, its allright, almost as good as trading BTC itself. good volatility and liquidity in there.

Feb 28, 2024 11:11 PM

By: Kushal_Choudhury

Yeah, you won''t lose anything trying them. You know, you should ask such questions if you understand that something bad may happen. In case of free strategies offered by the broker, then I bet nothing bad will happen, because you can do it in the demo environment and I even recommend doing it, you know, to understand how the strategy performs. Only then you can try apply it in the real trading.
Olymp trade in terms of all these perks and benefits (free ones!) excels.

Jan 24, 2024 02:49 AM

By: RaktimShenoy

just do some research, my friend. you can find information about how its regulated and how secure it is pretty much everywhere, and the overall chatter about the platform will probably be enough to prove you how good of a reputation they have got going on.

Jan 22, 2024 09:21 PM

By: DhulePadhya

Olymp trade verifies its reputation not only by the regulation it has. Strong recognition in the community is also a result of the period the company has been performing in the market and you should know that. For over a decade this firm has been delivering quality services, does its best to comply with modern market standards and regularly revises conditions for the better.
That is a strong confirmation of the broker''s reputation I think.

Jan 04, 2024 04:37 AM

By: Rani_Chakrabarti

Performance-wise, they will act the same way assuming you have bought them exactly at the same price

Dec 21, 2023 12:56 AM

By: Jobin_Murty

Nothing. As long as you have the balance to handle it, nothing will happen to your trades. They are different types of instruments, but I prefer trading the CFDs.

Nov 30, 2023 04:34 PM

By: Manish_Agarwal795

There are a lot of helpful tools and materials in the marketplace and if you are a trader that uses those things to trade, then by all means. You should pay attention to the services in the marketplace.

Dec 14, 2023 09:08 PM

By: Binoya_Dass

I had such an experience.
Marketplace was the very first thing which I indicated as something unique and inherent strictly to Olymp trade broker.
I have chosen a couple of free strategies and successfully embedded them into my strategy. They passed through "verification".
However, I can''t claim that they are solely useful. The main is to understand where and when to apply them, taking into account current market condition.

Nov 25, 2023 11:33 PM

By: RishiKalita

In my opinion, this is a great alternative to Forex trading for example.
Buying assets in this mode I do not hurry and make balanced investment decisions. I like the way it all works.

Oct 21, 2023 02:48 AM

By: Kapila_Varghese

First of all, I am a fan of the USDT account and can’t see any downsides to it. But there is one prerequisite to be useful for you: you need to prefer a crypto payment method. Otherwise, it makes no sense to use it.
So, the advantage of using the crypto payment method is that you can transfer funds faster and cheaper. The advantage of having a USDT account type is that you won’t pay exchange fees from USD or EUR to USDT when using the crypto payment method.

Nov 19, 2023 10:21 PM

By: Arpit715

The USDT account has a couple of perks, such as easy transaction of funds, and also quicker and easier gain of XP points. It is easier to level up your status using this type of account, than the common accounts offered by the broker.

Oct 19, 2023 03:12 AM

By: Tushar_Pratap

As I know the increased profitability in FTT depends on your account status - higher status brings higher profitability.
While directly buying profitability is not possible, you can buy a higher status by depositing a certain amount of trading funds in your account, and get a higher status.
So yeah, it is possible, but keep in mind a status needs to be maintained.
Check more on the account statuses, there you will find the answer to your question.

Dec 12, 2023 06:59 PM

By: D_Aditya1

Look, options available to you on platform have different profitability. Some have higher profitability and some have slightly lower.
Besides, as far as I remember, you have opportunity to increase profitability by increasing your status.

Nov 11, 2023 12:23 AM

By: Abdul_Kakar

Sure, olymp trade gives you the opportunity to buy the increased profits percentage in the market.
Or you can use Trader’s way and earn higher status by trading daily. Higher status also gives increased profit percentage for fixed time trading mode.

Oct 02, 2023 12:59 PM

By: Shesha_Murthy

Dude, it is as simple as it sounds. The broker is making changes to the profitability of their FTT instruments. For all of the statuses, you will see a substantial increase in the profitability of trades.

Sep 18, 2023 03:04 PM

By: Labeen_Parmar

My friend, they have increased profitability. What could be the downside of that? I see only positive effects!

Oct 04, 2023 12:16 AM

By: Subhash_Golla

The main difference is in the name of Islamic account. It is made specifically for the needs of islamic traders, meaning those accounts don’t have such a thing as swap due to the restrictions of the religious beliefs.
You can find some more information about Islamic accounts on the official website or from client support.

Aug 13, 2023 02:09 AM

By: VKothari328

There couldn''t be any slippages at olymp trade because there are no spreads. So you always get the spot prices when you open orders.
But you have to pay commissions for this privilege. So everything is pretty balanced.

Aug 01, 2023 09:38 PM

By: FardeenKrishna

If you''re a trader seeking to increase your profitability, you may find trading strategies useful. These strategies typically use advanced algorithms or expert analysis to identify favorable market conditions for executing trades. Before using any of these strategies offered by Olymp Trade, it''s important to conduct thorough research on the specific strategy and its past performance.
So, the answer is yes - they are good and can increase your profits.

Jul 18, 2023 08:13 PM

By: Subhash_Garde

First of all, there is no way to keep winning 100% without loss in Olymp Trade or in any other platform! This is impossible, even the most experienced traders.

Jul 12, 2023 06:10 PM

By: EiravatiGupta

Olymp Trade is a trusted online trading platform that supports your financial goals. A web-based trading platform is compatible with multiple platforms which ensures a faster and cheaper development option compared to a desktop trading platform.

Jul 12, 2023 06:13 PM

By: EiravatiGupta

I know this is probably going to be an unpopular opinion but I do enjoy the web version of the trading platform. This might be because I got used to it, but I have the downloaded version on my computer but I still use the web version a lot more ofter.

Jun 27, 2023 08:12 PM

By: GovindPathak31

Oh, that comes down to your own preferences. You know, traders like different things, some find convenience trading in the web, others choose desktop application to fully dive into trading. Choose something you wish and I guess any other trader would tell you the same.
Both web-based and desktop platforms are entirely optimized to deliver valuable trading experience and funds, of course. Olymp Trade, in this regard, is a good choice.

Jun 14, 2023 09:55 PM

By: Somnath_Golla512

It is quite a good feature. It will close your trades if market conditions are not favorable ones. It is a new feature and I guess that is gonna get developed into a very interesting idea.

Jul 27, 2023 01:52 PM

By: Yogesh_S484

The flat market protection tool in Olymp Trade is the tool that helps you not to win or lose if the closing price is only 1 pip different from the open price. It''s quite fair for both traders and brokers. Now you can activate the flat market protection.

Jun 08, 2023 07:13 PM

By: MahikaSuri

The minimum amount of RAM for a laptop should be 8GB. Your computer''s trading program will open and operate more quickly the more RAM it has. For stock trading, you''ll also need a laptop with lots of RAM.

Jul 12, 2023 06:15 PM

By: EiravatiGupta

I would like to ask you a series of questions that would help you answer your question on your own, but I will make it easy for you. The trading platform of olymp trade is web-based. So, if your computer can access the internet, then you have no problems. You could also look into downloading the mobile app. It might come in handy.

May 28, 2023 03:54 PM

By: 0mSingh

The forex market is available for trading 24 hours a day except for weekends. The forex market is decentralized and driven by local sessions, four in particular—Sydney, Tokyo, London, and New York.

Jun 08, 2023 07:14 PM

By: MahikaSuri