How To Delete Olymp Trade Account
This will open a pop-up dialog box which will prompt you to enter your login details. There is no need to worry about hackers, as Olymp Trade offers you just the contracts for trading. So you do not have to store any cryptos in wallets that can be taken apart by hackers in minutes. No longer do you have to wait to profit only when you buy on an exchange. Avoid the complexities and risks of trading on crypto exchanges.
According to the company website and other sources, OLYMP TRADE traders have access to bonuses from 20% to 50% for making deposits. The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Commissions are the charges imposed by an investment broker on a trader for making trades on the trader’s behalf. The level of commissions depends on the asset being traded and the type of service offered by the broker.
I completely agree that trading with unregulated brokers is dangerous. This was the reason why I chose OT to be my broker. They comply with the regulation of FinaCom and they are on the market since 2014, which is a decent term to build some reliable reputation. The other reason is the beautiful simplicity of their trading platform, which I’ve never met anywhere else. It does not require preinstallation and you can understand the purpose of every button intuitively.
I constantly read something and watch videos about different trading strategies. I also believe that you need to learn from the mistakes of other people. I think that this is correct because if a trader makes a mistake, it means that he loses money.
Olymp Trade provides training in the form of documentation, live online, and in person. Yes, Olymp Trade has a mobile app for Android, iPhone, and iPad. First, you need to know how certain news can affect a certain asset. During the news release, the asset can go up or down sharply. It is important for us to learn to understand this and then FTT will be able to help us earn good money. Of course, you can make money here, but you need to understand a lot of things.
But you can trade on your own, for example, they have indicators of how other traders trade at the moment. You can see how they trade on an asset and copy the deal. This does not require any special knowledge or a lot of time. And to contact someone from Olymp Trade, you can email them or write them in the contact form right on the website.
Each trade is decided on the basis of whether the asset’s expiry value is higher or lower than the strike price. Traders are given an option of customizing their trade durations. How to select assets to trade, and switch from one chart type to another.
Beginners appreciate a small initial deposit of ten bucks, while professionals can benefit from the possibility to trade with multipliers and fixed amounts. It allows olymp trade scam review to make your trade either risky or relatively safe. If you want to risk more, you can enter the market with a high multiplier value and a big fixed amount. In this case, your potential gain will be big, but your risk is big too. On the other hand, if you use less risky parameters for your trade, you will not lose a lot, while your potential gains will be small too.
All I know is that Olymp Trade is a very popular broker with a large number of traders. It’s been a year since a started to work with this platform and I’d like to share my experience. When I was a beginner, I was frustrated many times at losing. The first thing you need to do is get rid of negative attitudes and fear, become a supporter of even a small percentage of people who earn, including trading with Olymp Trade. You can visit any site or social network and see that a smaller part of them, but still exist. This is true, the smaller part earns on the larger.
From there, you choose the method and submit your request. The maximum withdrawal period is 5 business days but Olymp Trade makes every attempt to process your funds within 24 hours. Even at the longest length of 5 days, this is a respectable withdraw timeframe. The first reason is it lets you test-drive the platform without risking your hard earned capital.