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New ways to make money online keep appearing every day. However, most people still find it challenging to earn money online since most methods require significant personal investment. Nevertheless, some ways require little or no investments. These methods are called binary options trading.
Binary options trading is comfortable, and you can make more money compared to the currency market and stock exchanges. However, you will need a broker for the binary trade system. Olymp Trade is among the best and popular binary options brokers.
With Olymp Trade, you can earn up to 90 percent profit. Olymp Trade began in 2014 and has improved its trading platform over the years. Read on to discover everything about this binary options broker.
#1. Trading Platform
Olymp Trade is very user-friendly, and it is easy to navigate. The trading platform is clean and organized. The links make it easy to find what you want. There are three different ways you can access Olymp Trade: through the main website, desktop application, and smartphone application.
The smartphone option has made it easy for people to access their trades anywhere and at any time. The site is clear, and it shows you what you need to track your deals and succeed. The main page has a clear and easy to understand trade chart. The timing and amounts are alongside the chart.
The platform also allows you to customize the chart by choosing your ideal graph and color. The bottom of the page contains information on open and closed trades and a help chart. This kind of presentation makes it easy for you to understand.
#2. Availability
Olymp Trade is available in most regions around the world. For instance, India, Asia, Latin America, and most countries in Africa. However, Olymp Trade is not available for clients in the U.S.A, Europe, Japan, Russia, Israel, and Australia.
Olymp is also available in different languages such as English, Spanish, Hindi, Arabic, and many more.
#3. Beginner Friendly
Olymp Trade focuses on teaching beginners. The platform not only teaches you to become a professional, but it also makes it accessible to anyone. The free training instructions aim at teaching strategy-based training. Olymp Trade helps you to understand how finance works and how to think like a trader.
As you advance, this platform provides courses such as capital management and analyst webinars. Besides, Olymp Trade allows beginners to make a low deposit of $10. A new trader does not have to worry about losing a substantial investment.
#4. Short Term Trades
Another feature that makes Olymp accessible to anyone is their focus on short trades. The trading period can be as short as 15 seconds to 3 hours.
You can also choose your own expiration time, and you can cancel a losing trade at any time. This option allows beginners to get their minds on the game.
#5. Demo
Apart from the training materials, Olymp Trade also provides users with demo accounts. New members get access to 10,000 virtual coins to practice with before they can invest. This feature lowers the risk of losing your real money once you begin trading.
The demo account is also vital since it helps you get a feel of the interface.
#6. Accounts
After the demo account, Olymp Trade provides users with two different options for accounts: the standard and VIP accounts.
The standard accounts require a deposit of $10 to open. Here, you can trade a minimum of $1 and a maximum of $2,000. The minimum amount you can withdraw is $10, and you can only make one withdrawal per day. Each withdrawal takes around three days to process.
The VIP option requires a deposit of $2,000. The VIP account increases the maximum trading amount to $5,000. However, you will have access to a VIP consultant. This account also grants you access to more educational tools.
#7. Security
Security is one of the main things that you should consider when choosing any binary options broker. Always invest where you feel safe. Olymp Trade is an A-recognized member of the International Financial Commission (FinaCom).
FinaCom is an organization that secures investors. Any unlawful acts are covered by up to $20,000. The platform also has over 25,000 users meaning that most people trust Olymp Trade.
Wrap Up
Although there are many trading options available, Olymp Trade is a convenient option, especially for mobile phone users. Olymp Trade is designed with new investors in mind. You can take your time to grow and become a successful trader.
Disclaimer: This is a sponsored post on behalf of Olymp Trade, but then again as always, I am devoted to providing content that is supportive and valuable to the readers.
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