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What Is The Olymp Trade App And Is It Legal And Safe In India?
What is the Olymp Trade app? has been answered below. Read to know about the trading platform and how one can trade on the online platform.
Olymp Trade is one of Olymp Trade平台好不好? the most known online trading platform which allows people to invest less and earn big. The platform has been serving customers since 2014 and has proven to be reliable for people interested in online trading. Olymp trade provides Fixed Time Traders and FX which separates it from other trading assets as they offer an extensive list of assets. But is Plymp Trade legal and safe in India?
Olymp Trade legality details
According to various sources, Olymp Trade is not technically illegal in India but it is in no way monitored or controlled by SEBI or RBI. This means if a trader faces any issues with regards to the app's transactions or collections then Indian authorities will not be able to help. As Olymp Trade is not regularized by Indian authorities, various Indian banks are not dealing with the platform directly, only some international Devit/Credit are accepted on this platform.
features and reliability of Olymp Trade
Olymp Trade is an A-recognized member of the International Financial Commission which enables the platform to cover unfair trade practices up to $20,000. The minimum amount deposit required to start trading on the platform is $10 which makes it easier for small-time traders to try their luck. Olymp Trade app also provides easy access to learning material which enables new traders to get acquainted with the system easily.
Индикатор Average Directional Index
Как правило, большинство существующих трендовых индикаторов располагаются непосредственно на самом ценовом графике. Однако, из всех правил есть исключение. Одним из таких редких инструментов стал Average Directional Index (ADX), более напоминающий осциллятор.
Всё что нужно знать о стратегиях для Fixed Time Trades
Специально для вас мы отобрали лучшие базовые системы, которые познакомят вас с методиками анализа цены актива, помогут совершить первые успешные сделки уже сегодня, а также познакомят вас с одним из самых прибыльных инструментов — Fixed Time Trades.
Инструмент «Уровни Фибоначчи» в терминале от Olymp Trade
«Уровни Фибоначчи» являются универсальным инструментом, позволяющим определять окончание коррекции и находить идеальные точки для покупки краткосрочных контрактов.
Стратегия «Третья волна Элиотта»
Стратегия, основанная на теории Элиотта, позволит вам значительно увеличить свою прибыль от торговли на рынке бинарных опционов.
Индикатор Donchian Channel
Donchian Channel – один из самых старых, но в то же время эффективных, трендовых индикаторов, который по сей день пользуется большой популярностью у трейдеров.
MT4 – Account Types Available On Olymp Trade
Olymptrade mt4 platform
To gain profit on one of the large and reputable Olymp Trade brokerage services, Olymp Trade平台好不好? you Olymp Trade平台好不好? can use different types of accounts. Today, in addition to convenient desktop and both smqartphone and tablet applications, users can also use the MT4 platform.
Find out what account types exist at Olymp Trade today, what privileges and advantages each of them gives, as well as which one should you choose in your circumstances.
Demo Account At Olymp Trade
Demo, that is, Demonstration Account is a type that helps new users of the system see how the platform works and allows to discover how to use many of its functions and capabilities. Iт case you do not have enough experience and are afraid of incurring losses at the very beginning, then simply by registering you can use a simulator that will help you understand the intricacies of trading, understand the Olymp Trade平台好不好? price movement charts and the peculiarities of opening positions.
You can apply a demo account for learning as long as you like in order to have time to properly find out and understand how to act for successful trading. In this case, you can get 10,000 trainer units again if the demo balance drops below 5,000.
In the process of learning on Olymp Trade平台好不好? a demo account, you will gain experience practically no different from what you will have when trading with real funds. You will be able to try Olymp Trade平台好不好? out any strategies before you start risking your money.
How Can I Open a Demo Account?
You need only create login and password on the trading service. You can register an account at any time using any of the world languages available on Olymp Trade.
Also, by visiting the website www.metatrader.olymptrade.com you can register a MetaTrader 4 account or simply use your existing account. Log in with your username and password, without the need to create new ones.
Differences Between Account Options at Olymp Trade
The time has its frame when using the Forex mode, so the trader will have only weekly time limit, while in the fixed time mode in general, both Demo and Real accounts look the same. This allows beginners and not only them to test different strategies using small amounts of their real money.
What Types of Accounts Can I Use at Olymp Trade For MetaTrader 4?
Users can use Standard and ECN accounts in both demo and real modes. You can pay a spread of at least 1.1 points using a Standard account, while opening an order there is no need to pay a fee. The Olymp Trade平台好不好? ECN account allows you to trade with a fixed charge with a spread equal to zero.
It is worth using the demo versions of both types of accounts to understand the essence of both methods. We also recommend trying various trading options with overnight hold replacement using the function without SWAP.
Open MetaTrader 4 Accounts
When you have registered on the www.metatrader.olymptrade.com website or logged in with your existing username and password, you can create one of the proposed MetaTrader 4 account options, both a demo version and a real one, and then select the Standard type or ECN.
Using this data, you can log into both the MetaTrader 4 web application and the mobile application. You can change the password for your MT 4 account at your convenience by going to your personal account and selecting the settings.
Open Olymp Trade平台好不好? MetaTrader 4 Accounts on Olymptrade
So, starting with the demo account of the chosen option, you can safely start learning and developing as a trader. Your funds will initially be protected from beginner mistakes while you improve your trading skills.