Is Olymp Trade Trustworthy in Brazil?

Is Olymp Trade Trustworthy? we will answer below. Read on to know about the trading platform and how one can trade on the online platform.

Is Olymp Trade Trustworthy? we will answer below. Read on to know about the trading platform and how one can trade on the online platform.

OlympTrade_logo

50%
of Bonus

Visit Now!Visit Now!
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.

Olymp Trade is one of the most well-known online trading platforms, which allows people to invest with little capital and try to earn profits.

The platform has been serving clients since 2014 and has proven to be reliable for people interested in online trading. The Olymp Trade platform offers fixed-time and Forex trading. More information you can see here.

Is Olymp Trade Trustworthy?

According to various sources, Olymp Trade is not technically illegal in Brazil, but is somehow monitored by the CVM in Brazil.

Olymp Trade is a recognized member of the International Finance Commission, which allows the platform to cover unfair trading practices up to $20.000. The minimum deposit required to start trading on the platform is $10, which makes it easy for small traders to try their luck.

The Olymp Trade platform also provides easy access to learning material that allows new traders to easily familiarize themselves with the system.

In addition, the Olymp Trade website offers users a free demo account and allows them to practice their strategies that can be implemented while trading in real time.

Various investment methods can be used in Olymp Trading, which prevents new traders from making uninformed decisions. Traders can activate their live accounts later and start trading practices with their own money.

💰 Account Currency: EUR, USD, GBP
🚀 Minimum deposit: $ 10
⚖️ Leverage: 1:500
💱 Spread: No
🔧 Instruments: Currency pairs, cryptocurrencies, stocks, indices, commodity assets
💹 Call/Stop Margin: N / A

Here are the important features of Olymp Trade:

It offers a variety of trading assets across indices, major currency pairs, cryptocurrencies, stocks, commodities, from well-known companies like Microsoft, Apple and IBM. The platform offers an intuitive interface for inexperienced traders.

Olymp Trade's minimum deposit to trade on the platform is up to $10; this helps traders to proceed with trading on the Olymp Trade website without the need to deposit large amounts of their own money.

The broker offers different account types like ECN account, extensive training materials for its users, a variety of educational materials to help users add value, and supports auto trading on the platform.

The platform also offers webinar sessions, news, analyst help, price charts, an economic calendar and a large number of tools for successful trading.

According to our Olymp Trade review, the platform is high quality and reliable, it has a simple user interface and easy to use.

This helps users to trade anytime and anywhere. The platform can be accessed both on mobile and desktop; Expert traders can also access MetaTrader 4, which is supported by this broker.

Features of Olymp Trade

Olymp Trade offers a mobile trading application; Users can make use of this mobile trading platform and it is available in Android and iOS versions, which can be downloaded from Apple's app store and Google Play Store. User can download the app and can trade real money online anywhere.

This broker has “Olymp Plus” which is known as the encyclopedia of different trading information that is offered in an intuitive and simple design.

Users can check tutorials, analysis of financial markets in the form of videos, time-tested strategy, tips from various experts, latest news and market updates.

OlympTrade_logo

50%
of Bonus

Visit Now!Visit Now!
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.

Services offered by Olymp Trade

Here is the list of exactly what types of services are offered by the company:

  • According to our Olymp Trade review, this broker is a member of Finacom. Finacom is a regulatory authority, brokers need to comply with its rules and regulations; this ensures that user funds are safe.
  • It offers a web platform that can be used on multiple devices such as mobile and desktop versions. It also provides the Metatrader 4 trading platform.
  • Olymp Trade offers a stop loss or take profit option where users can reduce high level loss risk and make more profit.
  • Users can start trading with Olymp trade with a minimum deposit of $10 and this platform charges a 0% fee on withdrawals and deposits. Investors can also trade fixed-time trading and Forex.
  • Olymp trade offers 100% negative balance protection for its users. This system provides two-factor authentication to secure user accounts.

Services offered by Olymp Trade

Here are some of the key features offered by the broker:

According to our review, one of the important things is that the broker got a positive impression from its clients and is a Category A member of Finacom; this confirms that the Olymp Trade team has such positive feedback and is a trusted broker in Brazil.

This broker serves traders in 194 countries and the platform's user-friendly interface is supported in 13 languages. This broker recently added 30 new assets to its platform. This financial broker has introduced a new reward system known as “Experience Points XP” where it offers its active traders more privileges and perks.

It has a tool called “Profit Line” functionality that helps traders identify break-even point per trade. The platform also offers a tool called “Adviser” that analyzes various indicators according to trading strategies for its trading community.

Main features of Olymp Trade

The broker provides a demo account with 10.000 virtual funds for its users to learn and practice. They can also customize the platform using unique tools to enhance their trading skills.

The main advantage is that it offers a personal manager where users can get individualized advice exclusively from expert trading advisors for investments.

The broker's support team is very convenient and can be contacted 24/7. Users can contact them via online chat or email and questions are answered in no time.

The site supports multilingual languages ​​which include English, Russian, Thai, Portuguese, Indonesian, Turkish, Spanish, Chinese, Vietnamese, Arabic, Malay and Hindi. It also offers advanced charting options and provides necessary settings for a bar, line chart, heikin-ashi and candlesticks.

Olymp Trade platform themes are provided in light and black, which offers an invaluable experience to users. Users can also use live trading chatbot assistant and how they can be used.

OlympTrade_logo

50%
of Bonus

Visit Now!Visit Now!
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.

Olymp Trade Products

This broker provides a variety of trading products that can be traded in the markets specified below. On the other hand, users should know that instrument availability varies depending on where they live.

  • Commodities
  • Crypto
  • Coins
  • Indices
  • Stocks

Is Olymp Trade Trustworthy?

Olymp Trade is trusted and regulated by the Hong Kong Financial Commission. If any external disputes need to be resolved, this can be done with this committee. It is also registered as a Class A Class Broker.

If there are any complaints against the broker, users can turn to the Finance Commission to resolve their disputes. This regulatory body offers legal assistance to resolve any issues and can obtain compensation of up to 20.000 Euros.

Advantages:

  • A certificate of provision of financial services is issued by an international regulatory body;
  • Regulation establishing the relationship between a brokerage firm and a customer (trader);
  • The International Financial Commission regulates disputes between a broker and client.

Disadvantages:

  • The company is accredited by only one regulatory body.

Olymp Trade is Reliable: Conclusion

To conclude, we can say that the Olymp Trade platform is reliable and one of the best brokers that provide a simple and easy-to-use trading platform.

The broker offers streamlined technology and a simple interface that helps traders master fruitful trading. It has several trading tools that help traders maximize their profit potential by trading on the platform.

It is the best option for new traders who want to learn about trading. This platform also offers training and useful educational materials for investors who want to start trading on the platform..

 

OlympTrade_logo

Fixed-time trading is a way to trade on the Olymp Trade platform. On the platform it is possible to trade relevant commercial assets, such as stocks, metals, indices, ETFs and others.

*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
5 / 5 - (7 votes)

Related Posts

error: