33 reviews of Olymp Trade are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
At first I planned to use this broker for Forex trading only. It’s because I was under a positive impression of some articles describing the broker’s web platform and in particular trading Forex on it. Perhaps, you know that the broker offers to trade not only Forex but also fixed-time. Initially I wasn’t interested in fixed-time. I just wanted to trade Forex using fixed amounts and multipliers. However, over time I realized that fixed-time could make sense in some situations and now I trade fixed-time. I don’t do it frequently but I can say that it’s necessary for me.
Demo is certainly a good thing.
But I am not particularly impressed with the number of technical tools.
But the money is withdrawn on time.
In general, everything is OK on the main points, but the details need improvement.
When you start working in the OT, your idea of trading changes.
Because you personally see that you can be organized correctly and safely.
And of course educational resources are very attractive - webinars are an incredibly useful tool. I recommend it!
At Olymp Trade, I like to open positions from my smartphone. The developers have made a really cool mobile app. It's convenient, clear, and takes into account a lot of nuances.
For example, take the feature Profitability Line. In the Fixed time platform, you can customize it. After the trade's opening, a dotted green line will appear on the chart. It highlights the opening price. In this way, you will immediately see how far the price has gone up or down from the entry point. This is very convenient, in fact.
I'm sure that such trifles make up the company's success in the market.
Fine that brokerage hears its traders. I'm participating in Olymp Trade facebook community and many traders were asking for MT4 support. Its available now and that demonstates that Olymp is concerning about traders' convenience. I'm not happy by this fact, but I'm also happy that now I can try MT4 without swtiching brokerage. Frankly, I thought about that long ime ago, but I didn't want a headache with switching brokerage. Now it's much easier, as all I need is just to create MT4 password and install the platform, the login is the same as for the Olymp Trade trading platform =)
I discovered trading not so long ago. When the economic crisis started. There was a lot of information about financial markets on the internet: YouTube videos, some articles, e-books. I even passed some kind of education marathon on trading, but I never dared to trade. It was too hard for me.
And recently I saw an advertisement for Olymp Trade. They have the smallest minimum deposit I have ever seen. And the platform itself looks much more comfortable than MT4. So, even a novice like me was able to learn to trade. I can't say that I started earning right away. But at the moment, I have a plus to the deposit.
My interest in this company has remained for many years, because I can work here with comfort and pleasure, and I earn a steady increase to my basic salary. And I can do it because here I work in a simple and functional trading terminal with various assets (although the closest thing to me is working with currency pairs), and also I'm constantly studying something new here, and I really like it, because it is the basis of my productive work.
There are not enough stocks and other assets at the platform. I would like to trade more instruments here, because the app is very convenient. Maybe the company will extend the selection of assets. The broker constantly works on improving of trading conditions. For example, the app is regularly updated.
One of the best brokers that aims for beginners. If you're beginner, I suggest you to start with that brokerage. Here are 3 types of education.
1) First of all, there are blogs in different languages. You can learn some theoretical things and information
2) Secondly, there are VODs and that's the easiest way to learn trading. VODs are really tight and interesting, so it's quick to learn
3) And the last one - webinars they're very annoying, but they'll help you learn practical skills.
Trading with Olymp Trade was very comfortable for me. But recently the status system was set up, and I don't quite understand it. It's kind of a bit complicated for me. And I don't fully understand its functionality. Other than that, I don't have any complaints about the work of Olymp Trade. The broker works well, treats its clients perfectly and provides favorable trading conditions. And I'm already getting used to the status system, so it's a matter of time. Recently I even advised my friend this brokerage, he is going to open an account with it soon))
My first and still the last brokeraage. To be fair, I see no reason in changing my brokerage to any other one, as Olymp Trade 100% fits my needs and gives me all I need to trade good. I'm 100% satisfied in my trading with Olymp.
The one that understands its clients and gives them exactly what they need is Olymp Trade. I myself initially doubted that a broker was so good when I first heard about Olymp Trade on the forex forum. There was even a separate thread to discuss the brokerage. But as soon as I opened an account with it, I realized that even if not all of it, more than half of the positive things everybody write about broker are true. But I was more excited by the fact that relatively recently my broker provided its clients with a choice whether to use a specific trading platform from Olymp Trade or MT4 (which wasn't available before). If it's not a care about its clients, I don't know what it then...
I can't even imagine that there is anything negative to say about this company, because I personally feel extremely comfortable here. Well, judge for yourself, the terminal always works and allows you to work with any amount of money, tools for analysis as much as in MT4 or MT5, there are constantly published articles and reviews of current events around the world, money is withdrawn here almost instantly, stop-loss is set automatically, if you forgot to do it yourself, commissions are small. In my opinion, everything here is organized more than just well.
People might have different opinions on this brokers. Some traders like simplicity, others search and search for complex systems, custom indicators and non-traditional approaches.
What I personally understood about trading in 3 years that I trade forex - the simplier, the better.
Overcomplicating leads traders astray from the main goal. We all come to the forex market to make some money, not measure how cool we are or how cool we are in comparison to others.
Olymp suits my style perfectly.
The trading platform is simple, no excessive settings or tools. You can find the most importnat thing intuitively.
Commissions - I wish they were little lower, yet I accept it as the payment for the good service and reliability.
Withdrawals take under one day with most payment systems you might want to use. For example my last withdrawal took only 25 minutes to get completed.
I really like that Olymp has organized everything so that you don't depend on anything or anyone. But at the same time you have all the necessary tools that allow you to analyze and trade. Now you do not need to use any additional resources, you have active charts, indicators, levels, analytics, it all allows you to stay informed. That's why Olymp is the broker that has won my trust and made me more confident and independent in the market. It seems to me that this is progress...
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