I saw that this broker is being discussed on several websites. What is there to talk about? olymp trade is a scam! Everybody knows that the binary options are a fraud! The purpose of the binary option broker is to take your money away! Everything that is disscusted in this thred looks very suspicious. Some people showed screenshots, bur theese people can be employees of the company, I recommend to look at them better. olymptrade.com is a scam!
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I think that youâre right: every commercial company wants money, thatâs no secret =)
but do you have any real examples that ther are scam?
and what is your broker?
VarSine, binary options are scam! What else should I prove? The company is interested that you lose! what proofs are still needed? Are you a company employee? Is your job to write reviews and get paid for it? Think carefully before answering.
Binary options are not my only source of income. I trade forex on FxPro, AvaTrade. And binary options â on IQOption. I trade cryptocurrency on Binance. I understand that I need an additional income besides trading, so as a freelance I write articles for cryptoportals. And youâre obsessed with your consistent melancholy and complaining. Youâre a free person and you have a choice, otherwise you can go build a bridge and get over it with your melancholy, or finally get your things together and start trading normally. Yes, itâs a difficult subject and you need to study a lot to master it. Maybe if trading is not for you, you should do something else, like programming or web-design? Itâs very popular nowadays. But of course you need to have a specifically carved mind for that. Youâre not answering my questions which actually characterizes you in a way, probably there is something you want to hide. I donât want to waste my time (I donât actually have a lot of it) and nerves on speaking to you. I can answer adequate questions. But you migrate all over the forum and make hardly comprehensible posts. Just create a new thread on the forum, so we could discuss trading questions there specifically and try making forecasts. Maybe we will work out something decent.
That was a very angry rebuff. Well, I suspect it was also useless. But youâre actually right to use different assets for trading. Iâm sure everyone heard about the eggs in different baskets. Although knowing is one thing, and doing is another. I trade currency pairs on olymp trade, to start trading something else you need to make a certain effort. And what for? If everythingâs actually okay.
Youâre not the first one I hear this from. I wasnât lazy and compared it with the official data. I lost a lot of time, but after all itâs in my own interest. Everythingâs correct on olymp.
Well, okay at least for now. But if you have a drawdown with currency pairs, itâs a good idea to have other assets in reserve. On olymp trade you can actually make long-term deals, in order to insure your currency pairs with shares or indices. I donât think you can insure anything with crypto.
Itâs very easy to speak like that now, but in the reality itâs quite hard to follow this principle. You often just lack money for that. On olymp trade, I also trade only currency pairs. When I double my deposit at least two more times, then Iâll start thinking about something else.
Yet idiots need to be taught! Iâm talking about myself here. I traded crypto on Olymp trade. I perfectly knew that I shouldnât leave it unattended and I closed according to the stop out. Itâs good that olymp limits it by the transaction sum, because in case of some of the brokers you risk draining your whole deposit.
It can easily happen with crypto and olymp is right in this case. I personally find its trading platform very attractive. The deals are made quickly. You can choose whichever time frame you want and there are a lot of indicators. You need to make an effort to drain your whole deposit. Unless you invest everything in just one deal. :))
The key word here is âdrainâ. You canât drain everything straight away, but gradually after sometime youâll definitely hit the bottom. Itâs every brokerâs policy and olymp is one of them. Maybe Iâll take the risk and trade with it, but only out of curiousity.
I canât guarantee the same in case of other brokers, but Iâve been trading successfully on olymp trade for quite a while, and I think Iâm not the only one. The trading platform of this broker is actually very convenient, you can choose the assets you need from the running line, withotu bothering with the search.
Does this broker give a leverage? If it has it at all.
Olymp has a 1:200 leverage, although they call it âthe multiplierâ. And generally speaking, I agree that olymp has a convenient platform. You can set the stop loss automatically and see it on the graph straight away. For me it becomes more evident than with the numbers.
I agree with the most of the statements. In terms of convenience, the platform leaves the MetaQuotes terminal far behind. Olymp has its own special features, of course, thereâs no desktop platform, but the browser doesnât freeze and everything works perfectly. Itâs often very important to get reference info as fast as possible. The trading platform includes a detailed reference without having to switch between separate tabs. Plus the attractive trading terms. As a result Iâve developed my own strategy using the demo account. Iâll soon open a real account.
You make it sound so perfect, but it doesnât really work this way. Whatâs the catch?
Of course, there are drawbacks. No automation mechanisms, for example. Advanced traders like to work with their robots or at least be able to set a notification on important event. For this reason, you often have to spend a lot of time monitoring news.
Hello guys, am Denis and am new here. i have been trading on olymp trade but not that successful
Anyone who has an idea to trade on overbought and oversold zones kindly share
Not so long ago a Forex platform has emerged, but for some reason, it lacks usual trading assets, in particular, thereâs not enough stock indices, in my opinion. They will be added soon, I already asked the support group. I hope it wonât take long.
Yes, maybe the platform isnât perfect and lacks something. But at least thereâs a Sentiment indicator for forex. I donât know other forex brokers with this signal. And I emphasize â forex brokers. This indicator is typical for brokers with binary options, and Olymp is a universal broker, itâs very unusual!