Review: Olymp Trade provides 24/7 Dedicated Support, a Wide Range of Assets and Extensive Training Options. It's a site similar to IQ Option.
Olymp Trade: Crazy popular in Qatar and only God knows why.
How to start trading on the Olymp Trade Platform
Review: Thousands of Qatari residents have opened trading accounts at this online broker for some reason.
I believe this could have something to do with their social media marketing department, that does a great job at branding and their company's overall image. Customer support through Telegram and Whatsapp is available.
The official website and app of this broker is safe, legit and trustworthy for online forex and cryptocurrency trading in Qatar.
An internet broker called Olymp Trade was founded in 2014. Saledo Global LLC, based in St. Vincent & the Grenadines, owns and operates this advice broker, which is accessible to customers in over 30 countries.
Review: Olymp Trade's products include shares, currencies and indexes.
The Financial Commission (FinaCom) has had this broker as a member since 2016, despite the fact that it is not regulated in Europe or North America.
Review: The FinaCom Compensation Fund protects customers by compensating each trader up to €20,000 in the event of a loss. This membership is only available to chosen organisations.
To trade on the site, you just need to deposit $10, which is one of the lowest amounts in the market.
Review: Over 35.4 million trades are made each month on Olymp Trade's mobile app.
Review: Their monthly trading volume is $179.2 million on average.
Review: In order to make sure that traders are well-prepared before investing their money, this broker provides vast tools and educational materials.
An analyst team provides customers with innovative trading ideas and methods.
The Olymp Trade platform is best suited for novice investors who want to get their feet wet in the financial markets.
These traders may take use of advantages
like a minimal minimum deposit and the use of a demo account. Resources abound,
as does the Olymp Traders' Club, which fosters group learning opportunities.
The broker offers a wide range of educational materials, including webinars, analyst help, and real-time price monitoring and analysis. Economic calendars and specialist webinars are also available from Olymp Trade.
A blog maintained by them to provide traders with up-to-date information on current market trends and trading tactics.
Review: The platform's in-depth training is yet another significant aspect.
The educational added value and support is provided in the form of
analyst help, webinar sessions, as well as economic calendars and a variety of
Big currency pairings, indices, commodities, cryptocurrencies, and stocks of major firms like as Apple, Microsoft, and IBM are all accessible for trading on a user-friendly and simple interface that is easy to use.
Olymp Trade does not welcome users from the United States or Europe.
This broker's primary focus is on Asia and its quite popular in Qatar.
Review: With a user-friendly and straightforward layout, the Olymp Trade platform is one of the best out there.
Trades may be carried out from any location, and the platform is suitable with both desktop and mobile devices Additionally, the Olymp Trade platform supports MetaTrader 4 (MT4).
Review: This broker's spreads are among of the best in the business.
There are smaller spreads than many other brokers in the market for the same account type at 1.1 pips.
It is possible to see real-time stock and cryptocurrency prices by
executing a transaction on the exchange.
As a bonus feature, the broker does not charge any fees for regular account transactions completed on its platform through its platform.
If a user does not make a transaction for 180 days, the service levies a $10 monthly fee.
Review: The following are some of this broker's most notable honours:
Best Financial Broker at the CPA Life Awards 2017
Best Trading Platform at Le Fonti 2016
Best Broker at the KROUFR Awards 2016
Fastest Growing Broker at ShowFx World 2016
Best Broker at Forex Expo 2017
Innovative Broker Award at the IAFT Awards 2017
Best Trading Platform at The Forex Awards 2018
Best Traders FB Community in Thailand at Traders Fair 2018
Olymp Trade's overall user experience is pretty pleasant.
In order to sign up for a demo account, you must first submit your name, email address, and password. You may immediately begin trading on a demo account that has been authorised. Users may get 10,000 virtual money units by signing up for such an account.
Registration for complete accounts, however, might be more time-consuming.
The broker may want a copy of your passport, a picture ID, evidence of residency, and a confirmation of the method of payment in order to validate your entire account. Verification might take up to five working days in this situation.
Review: Withdrawals and deposits may be done using a variety of methods, including wire transfers and credit/debit cards.
Over ninety percent of all withdrawal requests are handled within 24 hours by the broker.
Review: Traders must have at least $10 in their account to make a withdrawal.
In addition, Olymp Trade offers customer service in eight different languages around the clock through a toll-free hotline. You may get in touch with the customer care staff via phone, email, or live chat.
As a result of the FAQ area, clients may find answers to all of their inquiries and concerns.
There are no major issues with the company's customer service. As a whole, Olymp Trade's customer service is excellent and effective.
Review: Olymp Trade is a wonderful choice for novice traders who want to understand the fundamentals of financial investing.
Review: To guarantee that traders are equipped for their trading profession, the organisation provides essential educational and training resources.
Trading in a wide variety of assets is also possible via the
platform, including fiat and digital currency and stock market indices and
commodities. There are more than 80 alternatives to pick from.
Customers' funds are not separated and the broker is not subject to any regulatory control anywhere in the globe, thus investors should exercise caution before putting any money.
Although Olymp Trade seems to have a robust community of pleased traders and long-term customers, it appears to be giving an all-around appealing trading package with a lot of additional value.
Is Olymp Trade a mobile trading platform?
Yes, mobile trading is available via the broker.
Both Android and iOS smartphones are supported by their mobile trading platform. A mobile version of the MetaTrader 4 platform is available. For those who like it, there is also a desktop version of the platform available.
Is Olymp Trade a safe place to save my money?
The broker's software is safe to use.
However, it's important mentioning that client accounts are not separated, and there is no governmental monitoring in this industry. However, in the event of a disagreement, dealers are insured for up to €20,000 by FinaCom, an external dispute settlement agency.
Anyone searching for a customisable platform, low deposit, beginner-friendly broker, and free sample account may choose Olymp Trade.
What is it about Olymp that makes it such a popular pick for investors?
Olymp Trade is a popular choice for experienced and informed investors because of a variety of factors.
As a moderate to low-risk investment platform, Olymp Trade gives investors a low rate of loss or profit, which should be advantageous for those who are just getting into the company. As a reminder, this is not the site to utilise if you're looking to become wealthy quickly.
Investors may choose from the following payment processors when making deposits:
Visa and MasterCard; Boleto for clients in Brazil; e-wallets including Web
Money, Neteller, Skrill, Bitcoin, Qiwi, and Yandex Money.
You may only withdraw from the platform where you made a deposit if you are utilising this platform's banking option.
Withdrawal requests may take up to three days to be processed, however the platform makes every effort to execute them as quickly as possible.
The average wait time for a regular account holder on this platform is one day. However, if you're a VIP member of this site, you'll just have to wait a few hours on average.
"We're seeing an increasing number of inquiries from Qatari traders about how to use our services." - Olymp Trade Press Release
When it comes to trading with this broker, it's safe to say that residents of Qatar may do so without a problem.
Social media is a popular tool for investors, and Olymp Trade is one of the most well-known.
To the company's benefit, social media channels like Facebook and
YouTube are leveraged to offer educational content and resources to its users.
You may watch live streams on Facebook or participate in webinars that are posted on YouTube.
More than one million people visit Olymp Trade website every day, and over 20,000 investors trade there every day.
Using the Olymp Trade platform and access to a wealth of educational materials, we can state that it is an ideal platform for investors of all levels.
Sites like Olymp Trade
Written by Tariq AlKhaldi
A professional Banker and a part-time writer of financial topics. I'm energetic and highly committed having 10 years of Islamic Banking experience. Full Bio.
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