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Home > Ecommerce and Online Business > Business and Finance Websites > Olymp Trade
Olymp Trade
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Today many people can’t choose between Forex and fixed-time trading. As a rule, these two types of trading are strongly opposed. Folks keep rolling new arguments to back their favorite form of trading. As for me, I prefer not to contrast them but to combine. I guess that’s a very rational approach.
Olymp is a good example of a broker that successfully combines Forex and fixed-time trading. What’s more, you can do it using the same web interface. You only need to click on one button to switch between Forex and fixed-time trading, that's very convenient. Even if you prefer traditional trading solutions, such as MT4, simply download it from the broker’s site and use it for traditional Forex trading, it's also available.
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I can’t say that traditional Forex trading doesn’t interest me any more, but I was looking to try sth new. However, I couldn’t overlook a never-ending buzz about fixed-time trading. At first, it seemed a very suspicious thing but gradually my curiosity overcame my hesitation.
I decided to start with demo trading. Well, it’s often hard to see the difference e between fixed-time trading and Forex trading on short timeframes, especially for beginner. There’s something similar, in both cases, trades occur fast, but Forex doesn’t offer expiration After a while, I got used to it. After all, expiration is the only specific thing that may puzzle Forex traders. In other regards, everything is the same – you need to conduct technical and fundamental analysis to forecast the market. I guess I’m ready to shift to a real account.
Personally, when I found out that Olymp Trade has its own app for trading, I was very happy=) Because I didn't have the opportunity to trade when I needed and wanted to, but only when I had the access to my PC. But what made me most happy was the quality and usability of mobile trading. In terms of functionality and interface it's almost the same as usual trading and that's amazing:)
YOUR RATING ON
Nah, Olymp isn't the best brokerage for sure. I can name at least 2-3 brokers that are better than Olymp. However, Olymp has one strong side, it's mobile trading is really first-rate. I'm trading with Lenovo Pad and I feel almost no difference compared to laptop trading. Ofc, I'm fundamental analysis trader, so I'm using very restricted technical analysis functional and for me, Olymp Trade has well-designed mobile trading platform, it's all about UX and nativeness, platform is simply convenient and I don't get tired.
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.
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!
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.
Showing: 121 - 140 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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