Can we earn money by Olymp Trade?

CAN WE EARN MONEY BY OLYMP TRADE?

olymp trade logo, trademark

Olymp trade Introduction:

What is Olymp Trade? How does it work?

Olymp trade is a platform where we can trade in currency, foreign currency such as currency pairs like Euro vs. U.S.Dollar cryptocurrency and in stocks. Trading in the Olymp trade is very simple. Anyone can do trading easily; trading in Olymp trade is just like trade in stocks.

In Olymp Trade platform exchange rates are shown in the graph, you have to estimate that the trend of exchange rate goes Up or Down, if your estimation is correct you Win and earn money, and if it is incorrect, then you lose your money. Here you can trade a variety of products; you can adjust the trading time, etc. It is a user-friendly trading platform.

olymp trade tagline

Advantage and Disadvantages of using Olymp trade

Merits/Advantages

The following are merits of using Olymp trade platform;

* It is a user-friendly trading platform.

* It provides a high rate of profit, up to 92%. 

* Olymp trade minimum deposit. It allows the lowest deposit of at least $10 to trade.

* Customer support 24/24.

PROVIDES FREE DEMO ACCOUNT: SO ANYONE CAN LEARN WITHOUT RISK;

The Olymp trade provides a free demo account to all the users with $10,000 for learning and practicing new trading strategies. By free demo account, the trader or beginner can improve their skills risk-free. Once you feel ready, you can go live trading with your own investment.

* You can adjust your trading time.

* There is VIP status for the account, which is deposited from $2000.

* Fast withdrawal of money.

* Provide bonus on depositing the money.

olymp trade chart, candle chart

Demerits/Disadvantages

This trading platform is not made for everyone;

as we all know that in forex trading is not made for everyone here, 90% of the people lose money, only 10% of the people in the trades.

It has limited account types.

The virtual cash is provided to all the users by this cash the beginner do practice/trade without proper knowledge, market news, or apply the strategies. The first 2,3 trade win by the beginner or predicted right then the beginner go live and trade with real/own investment he loses all the money.

Risk is more for a beginner of losing money.

Mostly general questions asked by the public about Olymp Trade;

Is Olymp Trade safe?

Ans:- according to the internet knowledge/research and reviews, the Olymp trade has been since 2014. The company paid commission and has a certificate from London, UK, got six awards last year in the trading options field. Therefore, it is quite creditable. It is one of the safest brokers.

Can We Earn Money By Olymp Trade?

Ans:- Yes, you can earn money by Olymp Trade if you are in the category of less than 10% of people. They do trade with proper market research/knowledge, and with market trend and practicing various types of strategies, tools, etc.

My opinion about Olymp trade platform

As we all know that trading or forex trading is not made for everyone such as this platform is not made for everyone here up to 90% of people lose money only less than 10% win the trade. It is a safe and certified platform but the beginner first trade with demo account/virtual cash in that case if he wins 2,3 trade without knowledge, only with prediction then he wants to go live with his own investment then he bears a huge loss due to lake of proper knowledge, strategies. and in India, some of the customers have problems in withdrawing the money you can check on google play store reviews, Olymp Trade reviews in India.

so I don't Recommend any beginner to trade in such a platform and please first check the reviews/Complain of Olymp trade on play store then do trade at your own risk.

olymp trade candle chart

Conclusion:

In this article, we have discussed what is Olymp trade, who can trade in such type of platform advantages and disadvantages of Olymp trade. Why people lose money in such type of platform? Is trading is made for everyone? , Should a beginner try this platform? , Is it is safe? , where should you check original customer reviews? ,etc.Points are discussed in this article; if you are a beginner then you must read this article and share this with your friend for helping them.

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Comments
Narendra singh - Jul 15, 2020, 10:30 AM - Add Reply

great

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Narendra singh - Jul 15, 2020, 10:36 AM - Add Reply

for great research about this platform please check out playstore reviews

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