As we witness more and more people investing in online trading, the number of platforms have also increased significantly. One such platform is Olymp Trade; in this article, we shall be discussing all the hype around it. Let’s take a look:
Established in 2014, Olymp Trade is a comfortable and safe online broker platform that allows traders to trade freely whenever and from whenever they like. The platform is known to offer a number of trading instruments like cryptocurrencies, shares, currencies, commodities, shares, and indices. Olymp Trade operates across 30 countries around the world; however, the platform is not regulated in Europe and North America. Going by the figures, it has 88 million trader accounts and $ 16 million average monthly pay-outs. If you are wondering if is Olymp Trade real or fake? Olymp Trade is a proud category A member of the Financial Commission (FinaCom), which ensures that users’ privacy and data are protected by covering each trader up to Є 20,000 within the framework of the FinaCom Compensation Fund.
How to trade using the Olymp Trade app?
Since Olymp Trade is an online platform, you can access it on your browser. The same is also available on Apple Store and Google Play store for Apple and Android devices. Follow these simple steps to trade on the Olymp Trade app:
· The first step is to download the Olymp Trade app on your mobile phone.
· Register yourself on the app by creating an account using your email and a secure password.
· Move forward by picking the trading account currency based on the country you are in.
· You can make the deposit right off the bat using your bank account, e-wallets, or cryptocurrency.
· Now select ‘Live Account’ or ‘Demo Account.’
· To secure your account and funds, enable two-factor authentication via Google Authenticator or SMS.
Best Olymp Trade features
Let’s take a look at the best features Olymp Trade has to offer:
1. Well-assisted support
One feature that stands out is the constant support and extensive training provided to the users through tools like webinars, analyst help, and an economic calendar. It is a great way to make new users well aware of how the various features work. The more the app is easy to use, the longer the customers are going to stick to it.
2. Wide range of assets
Olymp Trade offers a wide range of assets like cryptocurrencies, indices, major currency pairs, and stocks to trade upon with the help of its user-friendly interface.
3. Low-cost minimum deposit
Olymp Trade proves to be a great trading platform for budding traders and youngsters as it requires a very low minimum deposit of just $ 10. Not to forget, the minimum withdrawal amount is also $ 10, which means funds can be withdrawn anytime, regardless of the amount.
4. User-friendly platform
As discussed earlier, Olymp Trade is quite an easy and user-friendly app that allows users to trade from desktops and mobiles as well. Since it is an online trading platform, it can be accessed from anywhere.
We hope this article about Olymp Trade was an interesting read for online trading enthusiasts. Do share your feedback with us in the comment section below and stay connected for more such content coming your way.