Facts That You Should Know About Olymp Trade

Facts That You Should Know About Olymp Trade 

The software is a binary trading options robot/broker. It was launched in the year 2014 with its headquarters located at Seychelles. Currently, the software allows its traders to trade only with two major classes of assets including currencies and commodities. On the other hand, this is relatively one of the new software that is yet to gain popularity among the usual traders. Hence, there is an air of doubt in the minds of the traders, both the amateurs and the professionals.  

The Highlighting Features 

  • It is a secure platform for trading.  
  • It offers numerous bonuses that are munificent to its new clients.  
  • It also scores decently in terms of broker reliability compared to it being a new software.  
  • The software offers its users with a free demo trading, which can be accessed after registering on its portal and making the minimum deposit of 10 USD.  
  • Traders are allowed to learn and practice trading strategies and identify trading limits using their demo accounts.  
  • It allows users to customize the settings as per their trading preference.  

The Money Involved 

The software is available for use free of cost. There are no downloads that are required nor are there are joining fee. However, users are requested to make a minimum deposit of 10 USD to begin their trading venture to keep away the non-serious traders. This minimum deposit will in turn act as an opening balance in your trading account, which you can use to trade. Hence, there is no loss of any money involved.  

Return on Investments  

The trading platform guarantees a minimum of 80% returns on the invested amount.  

Disadvantages of the Software 

  • Currently, there is not enough data to satisfy the intriguing minds of the traders.  
  • A few traders have claimed to experience delays during their transactions.  
  • It is yet to acquire a fan base and improve its reliability in terms of its brokers.  
  • The software is inbuilt with only a very small list of trading tools, thereby hampering the flexibility factor.  
  • It also needs to expand its binary options trading assets catalog.  
  • The withdrawal procedures are a bit hazy and need to be fine-tuned. Moreover, the verification process needs to be strengthened.  

The Closing Statement 

Based on several independent testing reviews of the software, it may be concluded that it is one of the safest and the most secure trading portal where users are sure to maximize their gains and earning potential.  

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