Olymp Trade: login, registration, how to make money in 2022

Olymp Trade
Among fans of binary options trading, the broker Olymp Trade is often mentioned. Its popularity is based on its impressive presence on the market (7 years), a fairly convenient terminal of its own design, a good range of trading pairs, 24-hour online user support in 8 languages ​​and, of course, no problems with withdrawing earned funds.

In addition, Olymp Trade is the winner of a number of awards in various categories of brokerage events, including “Best Broker” (Forex Expo 2017) and “Best Trading Platform 2018” (The Forex Awards).

• What is Olymp Trade
• Registration on Olymp Trade
• Login to your Olymp Trade account
• How to trade on Olymp Trade Binary options on Olymp Trade
• Forex trading mode on Olymp Trade

Forex in Olymp Trade

Each user has access to a PC version of the platform , and can also trade Forex online . To switch from one platform to another and then trade Forex in Olymp Trade, you will need to click on the button in the left side menu, see the picture:

Let's switch to Forex trading, this can be done in two ways:

Switching through an account, that is, choosing a different type of account

When you click on the button, you immediately go to another platform. In appearance it does not differ from fixed time trade. If you want to return to fixed time trading again, then select the desired menu item.

Video about binary options

You can now watch the video, which is presented first in the list in the free course for beginners from scratch. It briefly describes the features of making money on the binary options markets and how to get 80% of the profit on your account from one transaction.

Video

Approximately this game format will be used for training at Olymp Trade. It is not necessary to immediately delve into absorbing all the information, watching available videos and completing all courses inside and out. It is enough to replenish your stock of knowledge every day, devoting 20-30 minutes a day to the lesson. After just a few weeks, a novice trader will be able to make more profitable trades than people who are too lazy to undergo training and improve their level of knowledge.

The Olymp Trade Academy is a great chance to improve your knowledge and gain a stable income while other people are too lazy to do this. In fact, not that many people regularly make money in the binary options markets. Many players rely more on their own intuition than on experience and knowledge. But the sixth sense, as we know, can often fail.

Forex platform

If you compare both platforms, they have significant differences, although they are no different in appearance. The first difference between Forex is the trading method. You do not need to determine the time during which the price of an asset will fall or rise. It is enough to open a “decrease” or “growth” trade, and close it at the moment when it is convenient for you. The trader needs to determine the approximate number of points that the price will pass. Next you need to set the Stop Loss and Take Profit levels. Let's look at the meaning of each level.

Take profit order – it closes the profit from a transaction when the price of an asset has reached a certain level.

Stop Loss order – it closes the loss from a transaction when the price of an asset reaches a specified level.

It is worth noting that the company cares about its traders and their safety. This is why when you trade Forex, you are automatically given a stop loss when a trade is entered. This option does not allow you to lose more money than was invested in the transaction. Another difference between Forex at Olymp Trade is the presence of a separate demo account in the amount of 10 thousand of your base currency. For example, if you opened an account in dollars, you will receive dollars. Naturally, on a ruble account you have access to a demo account with 10 thousand rubles. It has no time limit, so you can train as much as you like. This will allow you to work out a lot of strategies, understand all the nuances of the platform and quickly get used to a new area.

Developing a trading strategy

By performing transactions on the platform, a beginner learns to use basic strategies that were developed by professional traders. Over time, you must make trades on your own, developing a personal strategy of behavior that will help you trade to give maximum profit. If you do not use such a tool, then financial losses are inevitable. In addition, each person must necessarily develop as a professional.

An important rule for beginners. For your strategy to work and bring profit when trading not only in the virtual world, but also in reality, it must be tested for at least a month. After all, market conditions are constantly changing, so traders constantly have to adapt to them. That is why the best strategy, which brought a lot of profitable transactions yesterday, can cause significant investment losses today.

How to use the Forex platform

If you watch the video lessons, you will understand how to trade, the terms Stop Loss and Take Profit, and also become more familiar with the multiplier. After watching these videos, you will understand how the platform works and how to start trading Forex. If we consider the capabilities of the platform, it is no different from the fixed time trade version, because it has the same functions. Traders can select the desired asset:

Registration bonus

Within an hour after opening an account, a welcome bonus is available - 100% when replenishing from $30 dollars.

Receiving a bonus upon replenishment

The amount of the incentive for repeated replenishment depends on the transfer amount:

• $30–99 — 10%;
• $100–299 — 20%;
• $300–4999 — 30%;
• from $5000 - 50%.

Received bonuses cannot be withdrawn. Only profit from them is available for withdrawal. But when you submit a withdrawal request, the bonus expires.

Assets in the forex platform

You have access to 4 types of charts, as well as 11 time periods. In addition, a trader can use 20 of the most effective indicators, which will ensure ease of working with any strategy.

The only difference is the lack of advanced technical analysis. However, in practice it is not needed. Even if someone suddenly needs it, the trader can again switch to the fixed time trading platform, where technical analysis is available to him. You can also always use the most modern online schedule on the site. A nice thing is that there are alerts on the most important economic news, which is very important in work.

Verification

Verification is carried out at the initiative of the trader or at the request of the broker. If the company sends a letter about the need to undergo it, the client must send the following documents to the broker within 14 days:

• scanned passport: pages with photo and registration address;
• selfie with passport;
• screenshot of the electronic wallet account with the account replenishment operation and personal data;
• a photograph of a personalized bank card, where you can see the owner’s name, the first and last four digits of the number.

Verification of documents takes up to five working days. After confirmation, the trader will receive an SMS and notification via email.

News on the chart

An excellent option for traders, as thanks to this they will be aware of the most important events and adjust their trading. For example, you may be able to close a bad trade before your stop loss ends so you can lose less money. Such an incident happens if news came out, after which the price changed direction.

Plus, when you make your first deal, a window appears to confirm the deal.

It is available to everyone, but if you decide to remove this option, then check the special box. You can also change the multiplier by selecting the desired trading leverage. To do this, go to your personal account, select the multiplier section and check the box for how much leverage you need for trading.

You can change your leverage right on the platform without going to your personal account. Below we will analyze Forex trading in Olymp Trade using additional platform options.

Training course

After opening the “Academy” section in the menu, first of all you need to pay attention to the “Trading for Beginners” course, which will help you understand where the path to financial markets begins, and also understand the functionality and features of the Olymp Trade platform. To successfully assimilate information, additional knowledge about working on financial platforms and other features will not be needed. On the contrary, the knowledge structuring system is designed to help users understand. Olymptrade clients have access to an interactive mode, in which in 0.5-1 hour they can learn about the possibilities of opening successful transactions, get acquainted with the main types of market analysis, as well as the need to apply trading strategies. For clarity, Olymp Trade students will be shown special video materials and animated slides. Immediately after the demonstration, the system will offer to take a short test, as a result of which the broker will notify the student whether he understood everything correctly or not.

Taking a course is not just a stream of insipid and boring knowledge, but an exciting process. After completing the course, it immediately becomes clear what binary options are, how to work with them and how to make trading profitable on Olymp Trade. The student will immediately become familiar with the work of the Olymp Trade financial exchange from the inside, will be able to master the trading terminal, understand its functionality, chart movement, learn how to identify trends and divide them into types (ascending, descending, sideways).

The course is enough to learn to understand the methods of market analysis based on key indicators, news coming out on Olymp Trade - these are fundamental and technical analyses. Also, each student will become familiar with the concept of money management and learn to apply it in practice. Without this tool, it is better not to start trading on the financial market, since it is very important to learn how to draw up a clear action plan and analyze the situation.

At the end of the course, to consolidate the theory, students will be asked to open their first independent transaction on Olymp Trade. To confirm completion of the course, each student will be issued a certificate of the following type:

Working with stop loss and take profit

When you trade Forex, it is not enough for you to determine the direction and open a trade. The most important thing is to get out of it correctly. Since a point in one direction is a profit, and in the opposite direction you will receive less money or incur losses. Quite often, in such a situation, a trader doubts and suffers losses, ultimately remaining at a big disadvantage. To prevent such a situation, you need to set the take profit and stop loss levels. You independently determine the size of protective orders, so traders can personally change the stop loss, which is set automatically. Take profit is indicated next to it. Let's study the protective order editor in more detail. To set take profit and change stop, you need to click on the special button:

It is enough to drag orders to the desired place on the chart using a click.

You can drag the order to any level by using the slider. This is very profitable as the trader can place a bid very close to the current price.

Remember, on the Olymp Trade forex platform a positive stop loss is set, but only at the level of five points from the current price.

Continuing training

The course for beginners is far from the only interactive program that exists in the Olymp Trade Academy section. Any average and even experienced trader can improve their professional level by using two more existing sections.

There, in more detail, the student will be able to:

• get acquainted with technical and fundamental analyses;
• receive detailed training materials on existing strategies with methods for their application;
• watch video materials with real transactions being made;
• study articles, interesting and useful descriptions that will be useful in further work.

Recommendation! You need to study absolutely all the materials that are presented in the selected section. There is nothing superfluous there. Each of them is designed taking into account the benefits of further use at Olymp Trade. You can find a huge amount of free materials about Olymp Trade; they will be easy to digest, since they are presented in a structured manner and collected in one place. There is no need to open different sites or storm search engines looking for one specific thing. In the Olymp Trade section there are separate blocks of articles describing profitable strategies. They are available only to those clients who have a deposit of at least $100 in their account.

Is it difficult to trade Forex at Olymp Trade?

Beginners may think that Forex is very different from fixed time trading, but in reality everything is much simpler. In both cases, a person must make a correct analysis of the asset, as well as determine the price movement in the future.

However, with Forex trading, the trader has the right to close the trade at will.
Thanks to this, he can make a profit in any case, even less than on a fixed time trade. This is why Forex trading at Olymp Trade is more profitable for the trader and it is worth trading on this trading platform. Plus, you have access to a demo account, which allows you to learn Forex trading without risking money. Start trading. Registration

OlympTrade characteristics table

Conditions for trading

The platform has ample opportunities for convenient trading:

• 24/7 operation.
• Cryptocurrency trading is carried out on weekends.
• Clear functionality.
• 4 types of schedule and 10 options for the duration of concluded contracts (from 1 minute to 1 month).
• The assets presented on the site consist of currency pairs, raw materials, indices, company shares and cryptocurrencies.

With minimal skills, you can customize charts individually and in the most convenient way for your chosen trading strategy.

For trading on the site, classic binary options are used that predict the price movement “Higher/Lower” relative to its value at the time the contract is concluded. In case of a successful transaction, the broker pays the user up to 92% of the profit. This indicator is high and allows successful traders to quickly increase their money supply.