Olymp Trade Demo Account

About Olymp Trade

Olymp Trade was founded in 2014 and for this short period they have around 30,000,000 registered users worldwide which is a really impressive number. The Platform is available in 100+ countries with 25,000+ active traders daily and a withdrawn volume of more than $13,000,000 dollars monthly, this makes Olymp Trade one of the most trusted and popular platforms in the world. They do also provide 24/7 Support ready to help you with any query.

OlympTrade is different from its competitors trying to achieve something special starting with the website design, platform, and extremely functional. Since first beginning a few years ago, OlympTrade has created a name for itself among the investors. The broker is magnificent for all members because of its solid platform and a diversity of assets to invest in. The minimum deposit to start trading on olymptrade is just $10 and the users are not charged with any commission or any other fee.

Olymp Trade Platform

The OlympTrade web-based trading platform layout is simple for users to navigate with a small learning curve. It has an organized design, making it easy to locate features and for those new to trading. Additionally, it is cross-platform accessible and can be used on smartphones, tablets, and desktops through the dedicated web-based application. The Olymp trade web platform is easy to navigate, showing what users need for tracking trades and being a successful trader.

The homepage provides a chart showing timing and amounts that quickly allow traders to get updated information. The charts may be customized based on color and graph type. Information is provided on the bottom section of the homepage regarding open/closed trades and a support chat feature. The platform makes it very simple to use, with little to no learning curve.

Olymp Trade Demo Account

Traders can test their strategies and learn how to earn money in the financial markets with a free practice account. Olymp Trade offers instant access to a free and refillable $10,000 demo account that works just like the real one. Open Free Demo Account Now!

Users have the option to test the OlympTrade platform free with a demo account. This is a good way for new investors to test the platform before choosing to invest in real currency. The demo accounts have a virtual balance of $10,000. You can use these virtual funds to practice using the platform, features and gain experience and knowledge about how trading works before risking your real money.

Even more, experienced traders may prefer starting with the demo account to become familiar with the interface. The demo account includes access to all features of the real standard account. Simply register using an email address to get started; the demo account does not require any proof of identification until registering for the paid account.

Mobile Applications

There are apps dedicated to smartphones or tablets for users of Android or iOS. You can easily download the app by searching the keyword- “Olymp Trade” on Google Play Store or Apple App store, respectively, for Android or iOS. On the other hand, the official .apk file can be downloaded directly from the Olymp Trade site by Android users.

Both the applications are highly rated by their respective app stores. Since the designs of apps, as well as the web version, offer the same potential, the traders using Olymp Trade via smartphones, are not at any disadvantage. Mobile traders are provided a competitive edge with the Olymp Trade mobile application due to their instant decisions on a move.

It might seem complicated trying to visualize all the required information on your small mobile screen. However, the best part is that the app offers all the analysis traders will require making informed decisions. You can use this tool as the discrete trading channel or conjointly with the Olymp Trade platform’s web version.

OlympTrade Accounts

Once you have tested the demo account and decide to move forward with a real account, there are a few different account types to be aware of.

Standard Account

Users will need a minimum deposit of $10 to open a standard account, with a $1 minimum trade amount. The maximum amount per trade is $2,000. There is a 1.1 pip spread for standard accounts.

VIP Account

Users will need a minimum deposit of $2,000 to open a VIP account but receive additional benefits. The maximum amount per trade is $5,000, and we have access to VIP consultants. The consultants can help offer advice for trading directly from experienced financial analysts. Additionally, VIP accounts have access to more training tools.

Trading Instruments:

Fixed Time Trades

What is Fixed Time Trading? OlympTrade offers a mode called Fixed Time, allowing users to earn money using stocks, currency, ETFs, indices, or the exchange rate of other assets. The investor is called a ‘trader,’ while the process is called ‘trading.’

Olymp Trade Bonus

Get a +30% bonus on your first deposit with bonus code: TRADE (Validity period: 01/01/2021 – 31/12/2021)

Trading Indicators and technical analysis tools

Traders have access to over 100 build-in technical analysis tools and indicators for advanced trading. The most popular and used technical indicators that are available to you include – MA, Volume (exchange), Bollinger Bands, Alligator, RSI, MACD, Parabolic SAR, Stochastic Oscillator, Awesome Oscillator, ATR, ADS, Fractal, CCI, Ichimoku Cloud, KDJ, DPO, and Belkhayate Timing.

Olymp Trade Regulation

Olimp Trade became a member of International FinaCom (Financial Commission) in February 2016, being awarded a membership certificate. The role of FinaCom as a third party is to provide security against fraudulent brokers to the traders.

Is Olymp Trade Safe and Secure Broker?

OlympTrade is secured by the latest data encryption available, keeping user information private and secure. Users can use eWallets to send funds to their accounts instead of sharing bank account information to the platform.

Olymp Trade features and education

OlympTrade provides information that helps new users get started. There are pre-made trading plans, with up to 92% returns possible. The account management feature is unique for online brokers since market makers generate revenue from traders winning or losing. OlympTrade points out they focus on accessibility for all experience and income levels.

Offering mainly strategy-based trading information and educational resources. This makes them beginner-friendly. New users are able to quickly learn how to begin trading with the provided information and features, helping them think more like traders. There are interactive courses, webinars, video tutorials, and more. Advanced courses can be helpful for more experienced traders, focusing on areas such as current market trading tips and capital management.

Conclusion

OlympTrade is a popular platform for traders that offers unique and useful features with a simple user interface. Thousands of traders use the platform daily because of the educational features and competitive spreads offered. Olymp Trade is a recommended platform for new or experienced traders.

Olymp Trade Awards

Best Broker, Innovative Broker, Best Trading Platform, Fastest Growing Broker, Best customer service broker & more.

Supported Countries

Here you can find the list of the countries from which the broker does not accept users as well counties where olymp trade is very popular.

Not accepted countries

Olymp Trade platform is not available in the following countries: Australia, Canada, the United States, Japan, the United Kingdom, the European Union (all countries), Israel, Russia & Iran.

Accepted countries

Olymp Trade accepts traders from over 100 countries including Argentina, Bangladesh, Bolivia, Botswana, Brazil, Cambodia, China, Colombia, Egypt, Ghana, India, Indonesia, Jamaica, Nigeria, Kenya, Malaysia, Maldives, Mexico, Morocco, Namibia, New Zealand, Pakistan, Philippines, Saudi Arabia, Singapore, Somalia, South Africa, Sri Lanka, Switzerland, Tanzania, Thailand, UAE, Uganda, Ukraine, Vietnam, Zambia, and Zimbabwe.

Final Verdict

Olymp Trade is exceptionally famous and has an intuitive and peculiar user interface that offers easy trading. Due to competitive spreads and a plethora of educational features, it is effortless to visualize why numerous people can use the platform every day. Keeping aside regulation controversies, Olymp Trade is highly recommended for new users alongside experienced traders in a similar way.

Can you really earn money trading on Olymp Trade?

The answer is Yes, of course, you can make money with Olymp Trade. Traders make profits when their prediction for the direction of the price is correct after the deal is closed. Olymp Trade offers fixed-time trades that allow the users to earn money every 60 seconds. The profitability is up to 92% on different assets.