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The Benefits of Using Olymp Trade India

Submitted by on Friday, 05 June 20200 Comments

The significance of choosing a reliable online broker to trade binary options can hardly be exaggerated. Traders have to be careful about choosing an online trading platform or online binary options because there are too many fraud or scam brokers in this sector. Olymp Trade is one of the well-trusted online brokers who have more than 25,000 customers on its platform every day. Olymptrade Review, you will learn more information about this resource. But the final choice will be after you!

Reasons for Using Olymp Trade

Olymp TradeBeing one of the leading members of the trading industry, Olymp Trade offers high-quality services supported by privacy policies, online insurance, and terms & conditions. Easily, victims of fraud / scam can apply for a compensation of up to €20,000 at Olymp Trade. Moreover, customers can receive quick assistance in case of any issues. Here are some more reasons for you to join this online broker:

  • Over 25,000 users trade on the Olymp Trade platform on a daily basis;
  • Possibility of interactions with fellow traders on Facebook and YouTube;
  • Constant contests and special campaigns;
  • 24/7 customer support provided in eight languages and within 15-second response time.

Joining the Olymp Trade Community

The online registration process offered on the official homepage is quite simple. All you need to do is to enter your name, valid email address, and mobile number. Select your currency and establish a safe password. Then, you need to check the inbox to prove that you are of the legal age to trade in India and click on the blue “Register” button. If it sounds too complicated for you, you can sign in with a Google or a Facebook account.

Still, it is highly recommended to use an official website, due to the variety of accounts you can open. Here are they:

Demo Account – It is a good idea to start your Olymp Trade adventure with this type of an account because you will have a great opportunity to explore the platform. Moreover, when you create a demo account, you get a bonus of 10,000 in virtual funds.

Real Money Account (Starter) – While opening a real money account, you should deposit at least $10 in your account. After that, you will be able to proceed with a trading routine.

VIP Accounts – While opening an account at the Olymp Trade website, you can choose to create an Expert account. But you have to contact their customer support to inform them about your intention to trade a lot. The official website does not provide sufficient information about Advanced / Expert accounts, so you can check possible benefits as a VIP trader:

  • Over 90% profits for Expert accounts, and almost 85% for Advanced accounts;
  • Assistance of a Personal Analyst;
  • Trading signals (basic and private) informing about potential risks;
  • Maximum number of open position;
  • Risk-free trading activities with 5% of the deposit for Expert account;
  • Organization of private VIP webinars for experience exchange.
Trading Platform

Using a Trading Platform

Olymp Trade is a user-friendly platform that can be easily navigated, whether you use it on a dedicated desktop application or a smartphone/tablet app. The website is quite straightforward revealing the information users usually need for trading operations. Olymp Trade provides new users with practical suggestions and a pre-made trading schedule which promises returns of up to 92%. At the same time, new users learn that CFD and forex trading is incredibly high risk but Olymp Trade promises them to minimize the potential losses. By offering traders to manage their accounts, they try to support brokers. Thus, they increase their chances to generate wealth whether they win or lose on a trade.

What’s more is that Olymp Trade always tries to support newcomers. So, if you are a beginner on their platform or a beginner in online trading, they will provide you with educational resources and useful recommendations on how to succeed in trades. Why they do it? Olymp Trade India aims to be an accessible broker for users of all experience levels and income levels. It is not a problem for them to provide users with educational resources to boost their strategy-based trading knowledge and skills. Thus, users can also access interactive courses, video training, and webinars conducted by professional financial analysts. The more successful online users are, the more motivated they feel about online trading. In the end, this approach seems to be effective!

Final Verdict

Olymp Trade has recently become very popular among online traders and investors. Thanks to a unique and intuitive user interface, trading has turn into an enjoyable adventure to remember. With competitive spreads and lots of educational options, it’s easy to see why so many people make use of this platform on a regular basis.