Olymp Trade takes a top position in the fixed time trades market since its launch in 2014. It holds a certification from FinaCom, a leading organization that helps in solving disputes. Besides, it guarantees customer rights. The broker has a faultless platform that comes with a 12 language education centre package.

It has over 25,000 people trading daily. Such traffic, together with a monthly turnover of about $171 million, makes it a massive company in the trading market. There is an award cabinet including Le Fonti 2018, for the Best Trading Platform which you should consider an additional in the broker’s prestige. Olymp Trade is an A grade broker with a reputable record.

It has a robust provision of more than 70 asset types which includes pairs, stocks, commodities, crypto and indices, all which offers you a lot of opportunities. Another unique thing about Olymp Trade is the cosy entry-level. Traders can begin with a low deposit of $10, where minimum trades are as low as $1. Such is excellent, especially to beginners in trading. Below is an overview of the latest features and appearance of Olymp Trade platform (review).

Initial Steps: How to Open your Olymp Trade Account

Registration is a straightforward process at Olymp Trade. You only need to key-in your name, email and pick the currency you wish to use. You can choose a dollar or euro. Besides, you can use your Google+ or Facebook account in the process. After successfully doing so, you can log in for your first time and execute your trades.

You will not need to invest additional funds in multiple types of accounts to access the features. After signing up; you access all that comes with Olymp Trade. Another option that you may have is to open a VIP account.

To withdraw your money, ensure that you carry out the account verification process completely. Of course, the finance department needs to remind you that. After completing the phase, you can now move on.

Olymp Trade official website: https://olymptrade.com

How to Deposit Money on Olymp Trade

The first thing before trading real money is to fund your account. Making deposits at Olymp Trade is easy and straightforward similar to opening an account. You only need to pick between Visa, bank cards and MasterCard. You can as well use e-wallets such as Qiwi, Neteller, WebMoney, Skrill, Fasapay, Yandex or Qiwi. After that, you decide on the amount you want to cash in.

Feed it on the deposit section in your profile. Once you click the button, your funds are visible on the spot. Probably, Olymp Trade is popular due to its deposit requirement that is relatively the lowest in the industry. With a minimum of 10 USD or EUR, you are good to go.

Besides, the broker caters for all deposit fees meaning the amount you cash in remains exactly the amount you moved to your trading account. As if that was not enough, the broker considers its traders when it comes to minimum trade requirements which are only one euro or dollar, even when you have a small amount in your account, its possible to make several trades.

Olymp Trade Bonus policy

Once you create an account and deposit your first cash, expect a 100 per cent Olymp Trade bonus award. However, there are conditions on it. You can only receive the bonus if your deposits range between 30-200 EUR and USD. It means that you cannot bag over 200 dollars or euro in that approach.

However, there is another way through which you can receive a bigger bonus award. Standard deposit bonus at Olymp Trade commences at 30 USD but gives you 10 per cent only with that amount. But they go up to 50 per cent for an amount of 5000$.

With that approach, you can bag great amounts from the beginning and increase your chances of having more. Besides, you may also want to look keenly at several promo codes that emerge frequently depending on the mood of the broker.

Software and trading platform

After completing the registration, you move to the trading platform to trade. Olymp Trade is an options and forex broker, meaning you will find a lot in it. First, it’s good to note that the internal broker’s team of developers is behind the creation of the platform and honestly, they did a superb job.

Olymp Trade has around 250 assets available for trade. You can invest as high as 2000-5000 per trade if you are a VIP member. Besides, you can also trade cryptocurrencies such as Ethereum and Bitcoin. There is also a unique asset in the trading platform known as CrptoIndex, which you can trade as well. An exceptional feature with the broker is that there are no spreads.

It has plenty of indicators and other tools of the trade from which you can choose. There are several chart types, as well. Olymp Trade has come with a lot of analytical stuff to accompany its software. For example, the economic calendar has a neat arrangement of symbols that denotes different volatility levels and other crucial market details.

MetaTrader 4

Olymp Trade introduces a significant new feature on their website. As at the moment, you can carry out trades on MetaTrader 4, which is a popular trading platform in the world. It shows you the reliability of the broker. With MetaTrader 4, you have an assurance that you won’t face a lot of challenges in your trading. It is an additional choice, but you can still trade using the old platform.

Besides, it means that there are additional options for new traders. Olymp Trade now has Islamic accounts which are crucial for Muslim traders. It is also possible to use robots. The spreads run from zero pips while the leverage is at 1:400 among other great features. Frankly speaking, Olymp Trade seems to be on the move to extend its reach.

CCI oscillator

CCI oscillator is yet another introduced feature at Olymp Trade. It helps show you the change in the asset with reference to its average price. It reveals you with certainty when there is a likelihood of a reverse in the trend. You can track all that in a screen somewhere below your chart.

An experienced trader will realize the crucial role of the feature. Its importance is even clearer when you use it together with other analytical tools such as MACD.

Mobile app

Olymp Trade has an excellent mobile application. It is downloadable to both Android and iOs users. So far, downloads are more than five million meaning traders are finding its essence. Besides, the trading experience at Olymp Trade is first class with the unique trading software is introduced to the industry.

Conclusion

Olymp Trade is the company to consider if you like trading options. Every trader likes low financial requirements. But it is not only about the lowered requirements but also its outstanding feature. It is convenient to know when there is the likelihood of a reverse in trend with the CCI oscillator. Finally, in case you wish to quit trading at Olymp Trade, it is interesting to note that you contact the support and block your account. Therefore, you don’t have to delete it.