Olymp Trade Reviews
Oh, I heard something about promo codes which are tightly connected with bonus system provided by olymp trade broker. I wanted to try them out but still have no time to test. I hope this system is a good motivation for traders and actually it dilutes daily traders' routine. It's always cool when there is something to be busy with besides primary activity, Olymp Trade交易平台界面新手指南 Olymp Trade交易平台界面新手指南 isn't it?
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Very bad experience with Olymp trade
Very bad experience with Olymp trade. Worst ever platform I ce across. They have blocked my account after successful verification also. And after 50 mails also, their reply is same , we are working on this. No improvement,bad Olymp Trade交易平台界面新手指南 Olymp Trade交易平台界面新手指南 customer care service. Do not install this app. Not recommended at all.
Reply from Olymp Trade
Greetings, Arun Bhat.
It is a pity that you made such a conclusion but thank you for writing to us. Regarding your conclusion, Olymp Trade is a regulated and trustworthy company. We are strictly under the observation of our regulator - Finacom. That means Olymp Trade needs to comply with rules and regulations. These rules are stated in the Service Agreement, which you have agreed to before registering the Olymp Trade account. Any actions of failing to follow the rules could lead us to lose our certification. That’s why it is important for us to comply.
Regarding your blocked account, here is a thing that you can do. If you do not agree with the company’s decision, you can file a complaint Olymp Trade交易平台界面新手指南 via [email protected] You can include your ID account and the details of your case. They will review your case thoroughly and make the final decision.
Olymp Trade’s Halal Accounts
Olymptrade halal account
Olymp Trade’s platform offers Muslim users opportunities to trade forex that meet all Islam’s requirements.
Our trading platform has attracted thousands of traders from across the globe. Users not only love our platform due to its high quality standards, but we also ensure that we always meet the requirements of our customers and have created a trading environment that is truly comfortable.
Olymp Trade platform accounts have been brought in line with Islam requirements, specifically for traders from Muslim countries. This makes it possible for Muslim users to Olymp Trade交易平台界面新手指南 learn more about business opportunities presented by the forex (foreign exchange) market.
The main reason why Muslims often don’t want to trade forex is because of the common misconception that forex trading is gambling.
Trading Is Not Gambling
With gambling, every outcome depends on chance. This is not the case with forex as cash flows internationally are governed by the economy, more specifically, the laws of supply and demand. Investors don’t rely on intuition or chance, but use trading strategies that allow them to identify market conditions Olymp Trade交易平台界面新手指南 where they can possibly make a profit.
By using Olymp Trade’s Forex platform, our clients are able to learn how to use common analysis tools, basic trading strategies and general forex trading principles for Olymp Trade交易平台界面新手指南 free.
The users of the platform don’t have to pay swaps, which depend on the interest Olymp Trade交易平台界面新手指南 rates as defined by the country that has issued the currency’s central bank. If a position is Olymp Trade交易平台界面新手指南 to be kept open on the platform overnight, a fixed fee is payable. This fee is known beforehand and has no link to the interest rate of any bank. Traders therefore know the position’s Olymp Trade交易平台界面新手指南 total cost, even before it is opened, irrespective of the level of investment horizon they set.
Real Prices and Markets
When traders execute trades in spot-markets, they are trading with real goods. As Islam bans working Olymp Trade交易平台界面新手指南 on contracts that involve the deferred supply of goods, e.g. futures or forwards, our Muslim traders Olymp Trade交易平台界面新手指南 only work in the real market, i.e. the spot market.
Trades are executed at market prices that are determined by other users of foreign exchange markets. A chart is used to indicate the Olymp Trade交易平台界面新手指南 actual value of the asset. Working with these prices fully meets Islam requirements.
Trades are not limited Olymp Trade交易平台界面新手指南 by time, allowing you to make decisions on investments without having to worry about factors such as Olymp Trade交易平台界面新手指南 futures expiration, i.e. its circulation expiring.
In Islam, opinions on trading the foreign exchange market differ. Some Olymp Trade交易平台界面新手指南 individual see forex as a game, while others don’t accept participating in trading due to the close link between loan interest and currencies. The mechanisms that are used to determine whether various aspects Olymp Trade交易平台界面新手指南 Olymp Trade交易平台界面新手指南 of trading comply with Islam’s requirements are very complex. For those who want to trade in the forex market however, Olymp Trade’s platform presents a high-quality option that meets exacting standards.
How To Trade And Win In Olymp Trade With A Simple And Easy Way
As beginners, many people want to test whether the Olymp Trade platform really pays money and lets you withdraw money or not. Here, in this article, I will show you one of the easiest ways to open a profitable order and make Olymp Trade交易平台界面新手指南 some profit in Olymp Trade. At the same time, I will give you a few notes on how to trade in Olymp Trade.
Video for making money in Olymp Trade with an account of Olymp Trade交易平台界面新手指南 $50
How to make money in Olymp Trade with a $50 account
Choose the reasonable trading assets in Olymp Olymp Trade交易平台界面新手指南 Trade
If you are new with a starter account of only $50, then you should choose currency pairs or assets with a payout rate of 80% or more. This is the profit ratio that you will receive if you win. For example, you enter 1 transaction of $100 with a payout of 80%. If you win, you will gain a profit of $80.
Notes: The higher the payout rate Olymp Trade交易平台界面新手指南 is, the more secure your balance becomes.
For example, you are trading with the USD/JPY pair and a payout of 60%. You open 5 orders ($10 each). 3 wins – 2 losses => You lose Olymp Trade交易平台界面新手指南 $20 for 2 losing orders and make $18 for 3 winning orders => Your balance is still losing $2.
But if you trade with the EUR/USD pair and a payout of 80%. You also Olymp Trade交易平台界面新手指南 open 5 orders ($10 each). 3 wins – 2 losses => You are still profitable with $4.
Advice for beginners: EUR/USD and GBP/USD are the best 2 currency pairs for you to get acquainted with during your first trades.
The principles of candlesticks
At different time frames, the price will have different fluctuations. It will also create different candlesticks. Just by observing, you can realize this.
For example, during this trading time frame, EUR/USD creates alternating green and red candles. There are at most 4 consecutive green candles, after which a red candle will appear. And vice versa, there are at Olymp Trade交易平台界面新手指南 most 4 consecutive red candles and then green candles will appear.
Notes: Do not observe the 1-minute Japanese candlestick pattern. Fast fluctuations may make you lose money faster and easier.
Open correct orders
Now you know the principle of candles. The trading strategy for use in Olymp Trade that I mention now will be as follows. When 2 red candles appear in the market, you should start opening Olymp Trade交易平台界面新手指南 orders. Now you bet that the third candle will be a green one. If the third candle is still a red one, then open another order to bet that the fourth one will be green. It means that you will open 2 “HIGHER” orders continuously.
For details, you open 2 “HIGHER” orders to bet that a green candle will appear after 2 consecutive red candles.
Order 1: Bet on a green candle – open an UP order – $2 => LOSE
Order 2: Bet on a green candle – open 1 more UP order – $5 => WIN
After 2 orders, you gain a Olymp Trade交易平台界面新手指南 profit of $2.1. Profit ratio is $2.1/$50 = 4% of the balance.
Know where to stop
Do you ever have these questions as follows? If you lose both orders in a row, what should you do? The answer is “Stop!”. When the movements of candles do not follow any cycle, then stop. Keep your money.
On the contrary, if you win, you should also know where to stop. You may find that you have only earned a few dollars. But in fact, the profit you gain is several percentages of your total capital.
Today we going to talk about how to Olymp Trade交易平台界面新手指南 Login into your Olymp Trade account. However if you don’t have your personal account, you will need to create one. You will be able to Login from app on your mobile device as well, Olymp Trade交易平台界面新手指南 but I’m going to show how to make it from browser.
how to login?
At first, you will need to go to the Olymp Trade platform and find this form on the Home page. Here you will need to enter your E-mail address and your password. Note that broker will Olymp Trade交易平台界面新手指南 remember your password if you don’t leave a tick on “Do not remember me”. After all information is filled you may press on the ‘Log in’ button.
Does Olymptrade accept EU or USA traders?
Prohibited login for restricted countries
Olymp Trade does not accept traders from EU and USA. The reason of that Olymp Trade交易平台界面新手指南 is regulations and license which the don’t have in this countries. However, traders from all of other countries are welcome.
How to restore access?
Restore access to Olymptrade.com
Sometimes traders forgets their passwords, but they are really easy to restore. To restore your password you will need to press on the “Change password” button which is located in the Login form.
form to restore access to broker
You will be redirected to the following page. Here you will need to enter your valid E-mail address. On Olymp Trade交易平台界面新手指南 this address you will receive a recovery message with instructions. Also don’t forget to leave a tick near “I’m not a robot” reCAPTCHA. After you may press on the ‘Restore button”.
My account blocked what to do?
Olymptrade account blocked or suspended
Some traders may meet such a problem as blocked account. Firstly, Olymp Trade will never block your account for no reason. Most often it happens because Olymp Trade交易平台界面新手指南 trader had violated the rules of the platform. Olymp Trade is a serious trading platform and I recommend to be honest with them. You may, however write to the support, they will always help you.