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Home > Ecommerce and Online Business > Business and Finance Websites > Olymp Trade
Olymp Trade
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Very simple platform for trading. I’m glad that I found it, because I used to think that it would be very difficult to understand trading. You know, that was dark woods for me, you even don't know where to start with. I tried to guess how to calculate Stop Loss and Take Profit correctly and I wasted so much time on it.
Olymp is much easier in this regard, all you need is just enter the right Stop Loss or Take Profit amount and immediately see how much money you risk in dollars. This helps to put more correct Stop Loss and Take Profit and increases my profit as well.
I can say for sure that Olymp Trade boosted my income significantly. For example, I started using assets that give me a higher percentage of reward and I was rewarded as well. Of course, I'm also mastering my trading skills but Olymp helped me a lot.
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Olymp Trade seemed to me like a normal broker. Since at the beginning of my trading it had only its own trading platform, I felt a little uncomfortable getting used to it. But recently a brokerage added MT4 to its functionality. So now it's much more convenient to trade with it, because I'm more used to trading on MT4. By the way, I haven't noticed any significant drawbacks in the broker's work either, so I will totally continue working with it.
It is no secret that it is the mobile application that has become the basis for the work of most traders today, because it is convenient, it always allows you to work in any circumstances, but it is possible only if the mobile application has the same features as the main terminal, and in this company it is so, so I am pleased that I can work with the dynamics and get thanks to trading as much as I need. And this is my great joy!
YOUR RATING ON
I always said that Olymp Trade is good brokerage for education, but so-so brokerage for trading. Now I can say that it was like this but Olymp did very well to fix this. What Olymp introduced new in recent half a year to become better brokearage:
Olymp Plus - mobile app with signals and analysis
MT4
Status system
Olymp Trade is probably the best brokerage I worked with. It is reliable and regulated, and its trading conditions are quite interesting. At first, it was difficult to understand everything that a broker offers XD
But now I;m so used to it that I can't work with another broker. Of course, I have also noticed disadvantages in its work. But they are not significant, and for the sake of such favorable trading conditions you can forget about them for a while)
It is very cool that Olymp Trade has so much free education. This is why I made it my broker. It seems to me that a broker became so popular only because of its training. Indeed, broker has a lot of training and it suits all traders.
And also Olymp Trade developed its own mobile trading app recently. It is very convenient, and makes trading more accessible. It also supports the work of indicators, which means that mobile trading will not be worse than web trading.
I really do not remember why a few years ago I chose this company, because then it was not so popular. But for some reason I believed that everything would be fine here.
And I think that I was right. Because in recent years this company has added access to an additional terminal(MT4), provided us with quality analytics and other services that have become a real help in the market.
I noticed many trades rising, falling together. Apply all strategy they tell you, losing money is the ultimate result.
After losing more than a lakh, I bid farewell to olymp trade. If you really want to risk your money, try short term mutual funds. Don't invest for more than 3 years.
Some people have rated it well, they are probably from olymp trade.
Finally, Olymp Trade has announced the interesting novelty! There is the Market addition appeared in their platform. There are some features from Trader’s Way program you can buy without any restrictions. The thing is I have been participating in Trader’s Way program for a long time. But some rewards remain out of reach for me. So, now I can just choose the features and subscription plan I want and pay for the subscription. It`s been so long.
What I like in the Market? Set of strategies which are ready to use. They based on some indicators with default values of the parameters. For example, there are MACD and Parabolic SAR in the KIND MARTIN strategy. I like it, because it`s useful.
There is lot of delay while marking the trade which makes us loose sometime and this need to be addressed ASAP.
Other than that this platform and app is good for new people who want to learn the trading.
This is exactly what you need to see profit in the market.
There's no need to risk just like that or to do some reckless actions. It has a structured approach and attention to detail.
And if you want to experiment or try something unexpected, you can use a demo, especially since this tool has no limits so that you can both get new knowledge and get used to the main terminal.
And there are also great bonuses.
Before Olymp Trade I had experience trading with other brokers. But only with this one I understood what quality trading means when you, as a trader, are supported.
At first I traded on a demo with Olymp Trade to see if this brokerage would be right for me or not. Now I have been trading with it for 7 months.
It's cool that recently was added the MT4 trading platform, I missed it a bit. The brokerage platform was comfortable and I liked it too. But I still have more trading experience with the MT4. So I think it's very cool from the broker's side that it gave its clients new opportunities in trading.
As for trading conditions, everything is fine here: a lot of free training(including various webinars, videos on YouTube, etc.), 2 trading platforms, a mobile app for trading(it supports the work of indicators), and everything like that. So, so far, in the work of Olymp Trade I'm satisfied with everything, I will continue to work with it.
Because first of all I am interested in it. And secondly, I found myself in a company with a good reputation and strong services, which help me in productive work.
For example, I use the demo almost every day here, I always find something new for new experiments. And here I got acquainted with new indicators, which help me to be interested in all the strategies, both classical and modern. And the analytics here are just great, they don't miss anything important.
Olymp Trade isn’t the first platform I use. But it’s easy to operate even for a beginner. Traders are supported by a number of helpful indicators for trading. Olymp Trade is always updating the platform, and the newly updated version is better and is packed with indicator tools, oscillators, advisor and ready-to-use strategies.
Olymp Trade differs from other brokers in its approach to education. While most of them offer training as an additional service (often for a fee), they provide it totally free.
Olymptrade's support team is very fast and good too. Every doubt and question is replied and helped with, so it is very convenient when being consulted. I'm not satisfied enough with the withdrawal speed, so Olymp has something to work on. Usually, you receive money in a day, but sometimes it takes up to several days. I think it would be a huge step forward for broker to achieve the fastest withdrawal.
The Olymp Trade app has proven to be very handy and multifunctional. It launches very quickly and doesn't require much free space on the phone. Anyway, when I just installed it on my phone, I didn't think it was made so qualitatively. But the app for mobile trading from the brokerage supports even the work of indicators, which by the way is very cool. So now I can trade with almost no restrictions, anywhere, having only my smartphone. I didn't think that trading can be so accessible)
Olymp is too overhyped, as I think. There is too much hype about Olymp and trading there. However, in reality that's just a good brokerage, without anything special. Yeah, some people say that trading education there is really unique but I think it isn't so good as all people think
If we speak about trading there, it's just okey, as with any other reliable brokerage, so this broker is so typicall
And I think it's pretty good.
Yes, it is not a complete set of indicators, but all the main instruments for analysis have been saved here, and here you can still adjust settings and conduct market analysis on numerous timeframes.
I like it, so I use it often.
I never believed that there can be something like this. Usually brokerage education is really just words. You can get some basic knowledge and info but nothing more. Olymp is completely different. Company really takes your hand and help you to go through the world of trading. That's absolutely another experience, it's really incomparable. I like that I've found Olymp Trade, as it took only 3 months to learn trading.
This broker combines both pros and cons. My opinion about the broker is very neutral, so I will tell you about pros and cons.
I see obvious advantages with this broker, such as only$10 deposit and wide opportunities. Also, there is a really good support team here, which will not leave you eye to eye with your problems. I have even watched the Olymp Trade webinars and I can say that this can improve your trading.
However, let's give you a couple of suggestions about shortcomings. The broker does not accept the US clients and you also cannot use automated trading with the Olymp Trade platform. A broker recently introduced MT4, but I don't know if it works.
For me personally, trading has never been as easy and convenient as with Olymp Trade. It doesn't just provide beneficial trading conditions. But it makes trading as comfortable and easy as possible for its clients. For this purpose it provides 2 trading platforms - its own and MT4, free education, and my favorite - the status system. The last one is an innovation in the work of Olymp Trade. This system is very simple and gives very profitable bonuses to everyone, even the traders with the lowest status. I'm sad that this system wasn't launched earlier, because now I can't even imagine my trading without it. Good work, Olymp Trade!:)
I will say off the shore - Olymp Trade is good brokerage and I suggest you to trade with it.
There is FinaCom regulation, Olymp Trade is category A FinaCom member. Your investments are secured and in case of any problems, IFC(FinaCom) would compensate you up to$20, 000
Traders communities. Olymp Trade is really good in terms of communities-building. Brokerage really invest a lot in creating communities to let traders share their ideas and expertise.
Minimum deposit is only$10. That's really great opportunity to try trading and don't risk very much
Withdrawals are fast. Usually it takes around 2-3 days to get your money.
What I want to say - brokerage is reallt good and it really deserves attention, so I suggest you to trade there. Recently(around a 6 months ago) Olymp aso has introduced MT4, so you can try it as well.
Showing: 141 - 160 Reviews on Olymp Trade
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Is there a quick way to achieve a higher account status?
Feb 18, 2024
By: Raktim_S
Answers: 0
What is all this bitcoin ETF trading about on olymp trade?
Feb 15, 2024
By: Sakchai_Siriwanich
Answers: 1
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
By: Kushal_Choudhury
Olymp Trade dropped a btc etf, and I''m curious. How''s the learning curve for someone who''s not a trading pro yet? Any tips or advice?
Feb 09, 2024
By: D_Suryadi007
What is your opinion on the free strategies placed in the marketplace, are they actually worth testing?
Jan 06, 2024
By: Ehsaan_Pal
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
By: RaktimShenoy
How can you become convinced of the full-fledged safety of private data and funds on this platform?
Dec 20, 2023
By: Fakaruddin_Ghosh
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