Is it possible to trade Forex market at weekends?
May 27, 2023
By: wwidepk25
0 Answers
Does your cost of trading increase when you upgrade your status on Trader''s Way?
May 26, 2023
By: OmBajpeyi
1 Answers
On the contrary, you become more profitable as your status increases. Your trading costs drop and there are a lot of other perks to a higher status.
Jul 07, 2023
By: Dinesh_Ram
Can someone with a long history here tell me whether or not it gets boring to trade here on this platform after trading here for a month or more?
May 07, 2023
By: Qabool133
2 Answers
On the contrary, the broker is by far the most interesting I have used. There are so many features to explore... they dont make them complicated. The market place is one that I am particularly fond of. It is really intuitive thinking.
May 11, 2023
By: BholBohala
Interesting I also don’’t know the answer please anyone want to help to find the answer?
May 09, 2023
By: VershaNigam
What trading mode would you recommend for one who just start trading?
Apr 18, 2023
By: Harbhajan_Agate
Olymp Trade has the finest demo trading mode, which a beginner should use before entering the real market. Olymp Trade is an online trading and investment platform that offers a variety of assets and trading modes, such as Fixed Time, FX and Stocks.
Jul 12, 2023
By: EiravatiGupta
I personally would recommend forex mode. As it is less demanding, especially if we talk about technical analysis. It is accessible for pretty much everyone. No sophisticated financial knowledge required. Fixed mode can be perceived as easier to execute from the first perspective, but it’s quite deceiving. It actually requires more trading experience and knowledge than beginners tend to think.
May 08, 2023
By: Mehul_Oza
How is the safety of funds in the accounts of this broker guaranteed?
Apr 12, 2023
By: Rajinder53
Broker has a nice regulation. If something is wrong with your funds a regulated company can be fined, so that’’s allright with a safety here.
Apr 26, 2023
By: IshatPrabhu_46
What should I do to get promoted to the next status?
Mar 24, 2023
By: Umed_Handhe
3 Answers
Traders need experience points to renew the current status or upgrade to the next one. Each trade made on a live account increases their number.
You can make deposits, or trade with your own money, the more trades you get right, the more bonus points you will receive, thereby increasing your chance to level up.
Apr 11, 2023
By: KrishnaAnthony
Olymp Trade statuses are an essential part of our loyalty program that helps traders advance their trading journey while being rewarded. A status is a useful toolset that makes trading more effective and beneficial. Now, there are 3 different statuses that you can achieve in the platform. There are plenty of benefits corresponding to each level.
By: AanchalTiwari
Do I have to pay extra money for a subscription or something in order to trade particular assets that are special to Olymp Trade like the quickler and some indexes?
Mar 20, 2023
By: HardeepManjeet
Uhm... I know only about subscription for extensions actually, but I heard of quickler. It seems to me that it’’s free of any charge and you don’’t need to acquire something extra to trade these assets.
Apr 08, 2023
By: Rishi_Mann
Is there any alternative payment methods here?
Feb 27, 2023
By: Bharat9711
Olymp Trade offers a variety of payment methods for its users, such as bank cards, e-wallets, online banking, and cryptocurrencies. Here are some details about each option: 1. Bank cards: You can use Visa or Mastercard to deposit and withdraw funds from Olymp Trade.
Alternative to what exactly? If you are asking if there are multiple payment methods available, then the answer is yes. There are even a couple of local payment methods if you do not want to use your bank card.
Mar 16, 2023
By: GauravBrar
Does someone have a positive experience with this broker for real?
Feb 20, 2023
By: JJAgate
If you’re really interested in the feedback about this broker, then it won’t take you too long to find it. The thing is that olymp trade has arguably the biggest presence on the internet among forex brokers. And I’m not talking about the famous blog, there is also a Facebook group with more than 1 million subscribers. In any case, there is no shortage of positive experience with olymp trade fr fr!
Mar 17, 2023
By: Inder_Bhakta
Sir i think olymptrad is risk sir
Feb 18, 2023
By: ckarri424
Can I count on a deposit bonus?
Jan 18, 2023
By: MukulIssac
Of course! Olymp Trade does not differentiate between traders who make deposits. You can surely count on them. You can check how much you are eligible to get as a bonus, depending on the notional amount of your deposit. Because the bonus amount could be subject to change based on that.
Feb 08, 2023
By: NareshContractor
I heard there is quite a different system of leverage? How does it work here?
By: Feroz_Pai
It works like a multiplier of your order that is in a fixed sum of money, taken from your current deposit. That is the major difference from the ordinary CFD leverage where a certain margin is allocated from the deposit. Olymp leverage can be more preferable as the loss is fixed, while at other forex trading you can potentially have the loss in the size of your deposit.
By: Naresh_KKara
Does anyone know what''s going on with bonus system here? Are there are any peculiarities or features that noticable and have to be taken into account when it comes to trading using bonus funds?
Dec 27, 2022
By: Hurshadinn
If you are asking about the availability of the bonus funds for the trading operations, then yes, you can use them. The other rules applicable are probably like the industry standard, as in you cannot withdraw them as real money once you get it, since it is bonuses for trading. But you can trade with them and make money from them, and once you profit off of them, they should be eligible for withdrawal in case you meet certain crtieria.
Mar 05, 2023
By: Mehul_C
I don’’t think so, they do not discriminate any one to get the deposit bonuses. It’’s for everyone. Sure, it may vary from time to time since they could easily update or change the numbers on their scale, and it may depend on the amount of deposit you carry out, as with a lot of brokers, but Olymp Trade has one of the most transparent and favorable bonus systems out there, in comparison to their rivals on the market I would say.
Feb 05, 2023
By: BholaDodiya
How can I switch from FTT to Forex?
Dec 17, 2022
By: Riagg
You can do it easily right from the platform. There is no need to search for the switcher in your personal area. If you look to the left of the chart, you would see the section with assets list.On top of this list there are tabs with names of the trading modes. Click on them and you’ll switch between them modes.
Jan 07, 2023
By: Arvind_Narayanan
What is the maximum amount of leverage I can use on major foreign exchange currency pairs in the forex market?
Nov 26, 2022
By: Yogesh_Kabra
The maximum leverage applicable for foreign exchange currency pairs is 1:500. Not that you should always use that, or you should use leverage generously overall, but in a case that you would need a hefty leverage, it is the way I said above.
Dec 05, 2022
By: Nawab_Rao
Do the trading capabilities and tools differ in mobile app to the actual software on laptop?
Nov 16, 2022
By: Satishwar_Bhalla
No they don’’t. As far as I’m concerned all the iterations of the Olymp Trade platform are exactly the same, no matter the device you are using. And actually, it wouldn’t make any sense if I would have different functionality on the phone and laptop.
Dec 29, 2022
By: Dhanush_Muni
I heard there is a stock mode, I am a novice here, so can someone describe me this mode and what are the main peculiarities of it?
Oct 30, 2022
By: PremJoshi36
Olymp stock price trade is basically the same as you would buy stocks on some stock exchange, but with more benefits.a) stock exchanges are usually quite unaffordable to trade on. Mostly because of the bigger deposits that a trader requires to have. b) at olymp trade you can buy a fraction of the underlying stock. Therefore you don’t have to have a substantial amount of money to feel yourself as a proper investor.
Dec 30, 2022
By: lalit_johal
Can I learn strategies and how to use indicators from this broker''s education platform?
Oct 09, 2022
By: harsh372
For sure, broker has an educational sector that can help you to learn the basics. To be honest, even experienced traders can find interesting information here.
Nov 14, 2022
By: Charandeep89
Can I find the trading conditions of an instrument on the platform so that I can make a mental plan before getting into trades?
Sep 28, 2022
By: Bestmaster
I believe all the conditions of the particular instrument are in the instrument itself. You need to click on the circled i and there you have all the info about the asset. Trading condition is one of the many data that Olymp Trade gives.
Jan 31, 2023
By: ArpitKata
This broker allows to trade without spreads, but a fee is charged for each trade. If you are interested about this fee, test various assets on a demo accounts and you can see this fee in the review of each open trade.
Oct 26, 2022
By: D3heeraj
Are olymp trade trading conditions the same for different geo locations?
Sep 07, 2022
By: Gajendra_Masih
They are the same for all geo locations, but withdrawal and deposit methods may differ.
Oct 14, 2022
By: WaazirSeth