Olymp Trade Reviews
On olymp trade platform I earned my first 100$.
Remember this day as it was yesterday. But it was long time ago.
Since then, I don't have any wish to try other brokers. I got used to trade with olymp trade and I am happy. Cheers.
Our 2022 Transparency Report has landed
Very bad experience with Olymp trade
Very bad experience with Olymp trade. Worst ever platform I ce across. They have blocked my account after successful verification also. And after 50 mails also, their reply is same , we are working on this. No improvement,bad customer care service. Do not install this app. Not recommended at all.
Reply from Olymp Trade
Greetings, Arun Bhat.
It is a pity that you made such a conclusion but thank you for writing to us. Regarding your conclusion, Olymp Trade is a regulated and trustworthy company. We are strictly under the observation of our regulator - Finacom. That means Olymp Trade needs to comply with rules and regulations. These rules are stated in the Service Olymp Trade特点 Olymp Trade特点 Agreement, which you have agreed to before registering the Olymp Trade account. Any actions of failing to follow the rules could lead us to lose our certification. That’s why it is important for us to comply.
Regarding your blocked account, here is a thing that you can do. If you do not agree with the company’s decision, you can file a complaint via [email protected] You can include your ID account Olymp Trade特点 and the details of your case. They will review your case thoroughly and make the final decision.
Olymp Trade – Wiki & Help Centre
Account registration on OlympTrade
To register account trader must click “Registration” button and follow instruction:
- Registration button click in case if you haven’t have account yet.
- Fill email address for registration.
- Choose password for trading account.
- Choose currency for olymptrade account.
- Click register button for account registration.
- Trader can register account via Apple account.
- Account can be registered with Facebook account.
- Trader can register account with gmail.com account.
Account Login
Log In Olymptrade account
For log in olymptrade account trader need click “Log In” button and follow instruction:
- Fill email field
- Fill password of Olymp Trade特点 account
- Click check box that trader not a robot
- Click “Log In” button
- For log in via “Apple” click apple button
- To login via “Facebook” click facebook button
- To login via “Google” click gmail.com button
Deposit Money
Olymptrade deposit money
To add funds on trading account trader must click “deposit button” and select amount that Olymp Trade特点 must be added to account. Also trader can choose bonus. Amount of bonus depends on amount of deposit. Trader with bonus can withdraw money anytime.
Demo Trading
Trading on demo account
For practice trader must use demo account. Trader can’t lose any money during using demo account on Olymptrade. It’s most great way to practice before make deposit on real account.
Real Account
olymptrade real account
If trader wants start earn real money in this case trader must add funds on account. Real or live account can be used only for real trading. Trader Olymp Trade特点 can withdraw money any time with a lot of withdrawal methods.
Withdraw money
Withrdraw money from Olymp Trade
Olymptrade offer a lot of withdrawal methods for traders. Only trader who made deposit can request withdraw money. Withdrawals are processed by the same payment systems used to deposit money into the olymptrade. Sometime olymptrade can request trader pass verification before allow trader withdraw money.
Account Verification
Verification may be needed to secure your account against any kind of fraudulent activities. Usually olymptrade doesn’t request pass verification. In some cases trader must upload copy of ID and copy of Utility bill to be able withdraw money from account. Also Olymptrade can request upload copy of bank card If trader used bank card for deposit.
Contact & Support
Contacts and support assistance for traders from olymp trade broker.
Olymptrade offer a lot of ways to help trader with Olymp Trade特点 some questions and issues. Trader can contact to Olymptrade with many methods:
- phone numbers from different location
- email address for any qestions
- Online chat form
- Contact form
- Company address
If trader has some question in this case request can be send by many ways 24/7.
Trading Limits: Everything You Need to Know
Risks are inherent in trading, and how to limit them is one of the first things that traders should think Olymp Trade特点 Olymp Trade特点 about. The same should be said about a trading platform that wants its users to remain for the long term. Trading limits are one instrument that Olymp Trade uses to keep its traders from losing money.
What Are Trading Limits
First things first, let’s talk about what trading limits are, exactly. Trading limits are Olymp Trade特点 Olymp Trade特点 an instrument that we use when the situation on the market is too unpredictable for both us and Olymp Trade特点 liquidity providers to forecast. That means that your deals can have a far too unpredictable result, possibly bringing Olymp Trade特点 heavy losses.
In order to avoid that, our risk management system limits the amount of investment that you can use to open a position, for a certain period of time until the market stabilizes. This Olymp Trade特点 Olymp Trade特点 way, your money is safeguarded while we are waiting out this turbulence.
You can find out if you have limits in your trader account, under the Profile tab, or in the Profile section in the Olymp Olymp Trade特点 Olymp Trade特点 Olymp Trade特点 Trade mobile app.
How Are They Used
When the limit is set for your account, you’ll be informed via an impossible-to-miss pop-up message, so you’ll know if that ever happens.
There are few different ways that limits might be implemented for your account:
- On the account as a whole — you won’t be able to trade above a certain volume threshold from this account until it is lifted;
- On Olymp Trade特点 Olymp Trade特点 a certain asset or group of assets — for example, you won’t be able to open trades with a volume exceeding this instrument’s limit;
- On a certain type of trade — for example, you will be able to only close already existing trades but not open new ones;
- On a trading volume — this way, you are free to trade any asset, but you can’t open a deal over a certain threshold.
As you can see, all ways are pretty straightforward, and we can react to many Olymp Trade特点 market situations with them while not stifling your trading.
How to Cancel a Limit
Sadly, you can’t manually turn limits off once they are in place. Our risk management algorithms do that after a certain time (usually Olymp Trade特点 after 24 hours). However, there are ways to make our risk management system reduce it or even Olymp Trade特点 cancel it altogether:
- Complete your KYC — verify your account;
- Change your preferred trade duration; Olymp Trade特点
- Trade different assets for a while;
- Reduce the investment amount;
- Make a deposit and/or decline bonus money;
Also, keep in mind that most limits on our platform don’t exceed 24 hours, even though in some rare cases they might last for a few days.
How to Avoid Limits
Even though markets are sometimes unpredictable, there are a few rules that you can follow to avoid trading limits on your account:
- Verify your account;
- Make smaller trades, proportional to your overall balance;
- Don’t abuse our bonus programs;
- Avoid creating multiple trading profiles, especially since you can now create multiple accounts under one profile.
As you can see, those are fairly simple and easy-to-follow rules. By following these, you can minimize Olymp Trade特点 your risks while trading and avoid our risk management system limiting you.
We hope that this article has answered your most pressing question about Olymp Trade trading limits, why they exist, and how they work. Keep going strong, and don’t hesitate to ask us more questions if you have them.
Olymp Trade’s Halal Accounts
Olymptrade halal account
Olymp Trade’s platform offers Muslim users opportunities to trade forex that meet all Islam’s requirements.
Our trading platform has attracted thousands of traders from across the globe. Users not only love our platform due to its high quality standards, but we also ensure that we always meet the requirements of our customers Olymp Trade特点 and have created a trading environment that is truly comfortable.
Olymp Trade platform accounts have been brought in line with Islam requirements, specifically for traders from Muslim countries. This makes it possible for Muslim users to learn more about business opportunities presented by the forex (foreign exchange) market.
The main reason why Muslims often don’t want to trade forex is because of the common misconception that forex trading is gambling.
Trading Olymp Trade特点 Olymp Trade特点 Is Not Gambling
With gambling, every outcome depends on chance. This is not the case with forex as Olymp Trade特点 cash flows internationally are governed by the economy, more specifically, the laws of supply and demand. Investors don’t rely on intuition or chance, but use trading strategies that allow them to identify market conditions where they can possibly make a profit.
By using Olymp Trade’s Forex platform, our clients are able to learn how to use common analysis tools, basic trading strategies and general forex trading principles for free.
No Swaps
The users of the platform don’t have to pay swaps, which depend on the interest rates as defined by the country that has issued the currency’s central bank. If a position is to be kept open on the platform overnight, a fixed fee is payable. This fee is known beforehand and has no link to the interest rate of any bank. Traders therefore know the position’s total cost, even before it is Olymp Trade特点 opened, irrespective of the level of investment horizon they set.
Real Prices and Markets
When traders execute trades in spot-markets, they are trading with real goods. As Islam bans working on contracts that involve the deferred supply Olymp Trade特点 of goods, e.g. futures or forwards, our Muslim traders only work in the real market, i.e. the spot market.
Trades are executed at market prices that are determined by other users of foreign Olymp Trade特点 exchange markets. A chart is used to indicate the actual value of the asset. Working with these prices Olymp Trade特点 fully meets Islam requirements.
Trades are not limited by time, allowing you to make decisions on investments without having to worry about factors such as futures expiration, i.e. its circulation expiring.
In Islam, opinions on trading the foreign exchange market differ. Some individual see forex as a game, while others don’t accept Olymp Trade特点 participating in trading due to the close link between loan interest and currencies. The mechanisms that are used Olymp Trade特点 to determine whether various aspects of trading comply with Islam’s requirements are very complex. For those who want to trade in the forex market however, Olymp Trade’s platform presents a high-quality option that meets exacting standards.