The Olymp Trade Binary Options Broker started its activities in the world financial market in 2014. The big advantage of this broker is that the company's customers can trade on any gadgets, since the company's management has initially tried to provide its customers with the maximum mobility. This has been done for the simple reason that among novice traders and those whose income has not yet exceeded the average bar, working with binary options is an additional source of income, which is convenient to do on the road or during the lunch break. The Olymp Trade activities are regulated by the Financial Commission, which, in the event of the broker’s bankruptcy, guarantees traders protection in the form of a compensation fund of the Commission for up to $ 20,000 per claim, an access to a neutral and impartial environment for resolving any claim, etc.
Most of the traders, we have interviewed, explain their choice in favor of the Olymp Trade Binary Options Broker in that the company offers unique conditions for starting a career. Special mention should be made of the following: a minimum deposit of $ 10 / € 10, a high return on investment of up to 90%, a guaranteed deposit withdrawal in 24 hours, a carefully worked out free training demo account, a 24/7 support service. In addition, among the broker’s strengths, for our part, we should highlight the security of traffic and customers’ personal information, which the company undertakes not to provide third parties with backup storage.
Distinctive features of the Olymp Trade Binary Options Broker: advantages and disadvantages
If we consider the trading process itself through the platform of the Olymp Trade Binary Options Broker, first of all one should notice the fact that the company offers only one type of options - Call-Put. The maximum time for orders execution is one hour, the minimum time one minute. This is an ideal option for those traders who make only the first steps in the financial market and those who prefer to trade on the trend. The fact that the broker offers its clients an excellent demo platform with a virtual account of $ 10,000 to be a positive aspect, as well as a fairly wide selection of training video lessons and webinars, for a more thorough learning of the subtleties of trading strategies.
It is worth mentioning the fact that Olymp Trade Binary Options Broker guarantees an unlimited maximum withdrawal of money from the account, as well as the fact that the company does not charge a commission.
Among the shortcomings of the Olymp Trade Binary Options Broker, we include a small selection of available underlying assets. The company offers its clients the opportunity to trade such assets as currency pairs and several commodities.
According to our experts, the Olymp Trade Binary Options Broker offers excellent conditions for novice traders, as well as for those customers who have sufficient experience and knowledge, but do not have enough time to trade on complex, multifunctional platforms. This broker makes it possible to trade with known and understandable assets, with short expiration, which is an ideal choice for all those who are going to hone their skills. With a yield of up to 90%, the Olymp Trade Binary Options Broker will undoubtedly find its customers who, over time, will move to larger terminals, if the company does not expand the list of available assets.
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
Binary Options, Crypto
Up to 92% (for correct prediction)
Yes, $10,000 Free Demo
Yes, from $2000 (Payout 92%)
EUR, USD, RUB
Credit/Debit card, WebMoney
Credit/Debit card, WebMoney, Yandex Money, QIWI WALLET
EN, RU, PT, ES, TR and more
FinaCom PLC (Hong Kong)
42E Arch. Makariou III Avenue, Matina Building, 3rd Floor, Office 301 B, 1065 Nicosia, Cyprus
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