Olymp Trade Review 2021 - Is it a Good Broker?

Binary Options is a financial instrument which is widely traded by short term traders around the world. It is an instrument that gives a fixed payout in which the outcome can be predicted from two possible results.

Olymp trade is one of the well-known online forex trading platform and a binary options broker that enables traders to set fixed time trades for currency pairs, indices, stocks, cryptocurrencies, and commodities. It is a wonderful trading platform that is used by lots of traders all over the world.

It is an advanced trading platform designed by trained experienced programmers and financial analysts. It has been in existence since 2014 and it is owned by Saledo Global LLC and incorporated in First floor, first St. Vincent Bank LTD Building, P. O Box 1574, James Street, Kingstown, St. Vincent, and the Grenadines. This online trading platform offers both binary options as well as traditional Forex trading. Generally, the financial instrument; binary options is also called as fixed time trading since it allows the trader to open a trade predicting whether the current price will go up or down within a pre-determined time period. With Olymp Trade, traders can see the percentage of profit that will be made from each trade before placing it.

Olymp trade is a one of most popular broker as a binary trading platform. With this company, you can earn up to 82% or 92% profit from your investment on a regular account and a VIP account respectively. It offers traders beyond 80 types of an assets from cryptocurrency and currency pairs to commodities, stocks, and indexes. Certain features distinguish the Olymp trade from other companies in the industries.

One of which is that it has a multiplier which allows up to five hundred times increase in the trade volume for forex trading. The trader has a choice to choose the order of volume, set automatic profit fixation, and protect themselves from unnecessary risk.

Their online forex trading platform is a better way to trade forex. It has no hidden fees and does not charge any deposit or withdrawal fees on the client's account. Olymp Trade forex enables clients to use a multiplier with their trade which adds weight to the trade and increases its profitability. For instance, many assets on Olymp trade like GBP/USD are given up five hundred times multiplier on trades which the client executes. However, higher leverage also make higher risk for the trader and should be used with caution. Olymp trade prevents their client from going into debt due to a bad trade. This prevention is done by automatically closing the trade the moment the trade value loses the invested amount.

Olymp trade forex provides its client with an easy to use platform which is well equipped with professional analytical tools as well Meta trader 4 platform which can be used to trade in Olymp trade forex by professional traders. They offer a wide range of assets including currency pairs such as EUR/USD, USD/CAD, USD/JPY, GBP/USD, USD/CHF and AUD/NZD this gives room to trade more than one FX pair for the experienced traders. Exchange-Traded Funds (ETFs) such as Brazilian MSCI funds and the U.S. Real Estate also available in the platform. Cryptocurrency with the highest capitalization such as Bitcoin, Ethereum and Litecoin are also available as assets for trading

As a customer-friendly broker, this company provides a good customer support, it provides three different methods in thirteen different languages for seeking support from their specialists. Client support methods includes 24/7 phone support, live chat support as well as email support. Therefore, clients can choose a contact method which is convenient for them.

This company is a reliable choice for many experienced investors as a result of the diverse distinctive features which include: