Investing with Olymp Trade: The Hobby that Pays

But the rest of the features that this Trading Platform offers you are truly attractive. The platform runs under IFC regulation, which isn’t a reputable regulator, and that may cause a little hitch in your decision to choose Olymp Trade for trading. Though, the spreads you get in a standard account are only 1.1 pips. The video tutorials, webinars, and interactive courses are some of the best things you get with this online broker. However, it often becomes hard for a few traders to trust IFC regulatory bodies because it isn’t that famous. The regulation and licensing describe the reliability of any online marketplace related to monetary exchange.

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Today, the brand continues to evolve, and the awards that this online trading broker has achieved witness it. Every year, the company is setting a new record for its success. The brand has built a large repo in the online marketplace, which has become famous among young traders. Therefore, being a small investor, this place can prove to be a reliable option. Here, you can confidently invest your hard-earned money and secure a highly profitable position.

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The entities in the alert list are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platforms for forex transactions. To sign up and start trading with Olymp Trade account, you must provide your name, a phone number and email address. Once all of the required information is entered, you can start practising with your demo trading account. Deposits can be made quickly and easily through one of For a VIP account, you must deposit the required amount (approximately $2000). VIP account traders are given higher payout rates, forex trade multipliers, as well as the ability to make risk-free trades. Besides this, the Olymp Trade website provides users with a free demo account and allows them to practice their strategies which can be implemented whilst doing real-time trading.

Is Olymp Trade legal in India?

Over time, the platform has earned a high status in the online trading marketplace. Instead, traders have a Sale Success Fee they pay if only an SPT position is closed with a profit. Therefore, the financial side of the new mechanic is also designed in favor of traders. The newly announced service eliminated minimum trade amounts, and instead, replaced it with SPT unit price equals the underlying stock’s price. The stock price range is very wide and allows any trader to find an SPT that matches their price targets. On evaluating suggestions and feedback from the client, Olymp Trade witnessed a demand for simple, straightforward, and new trading mechanics.

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Others are i-Stream (operated by ICAP IL Indian Pvt Ltd), TEX/SEP and 360TGTX (operated by Three Sixty Trading Networks (India) Pvt. Ltd), FXall and Matching (operated by Refinitiv India Transaction Services Pvt. Ltd.) and BTBS (operated by Bloomberg Tradebook Singapore Pte Ltd.). Top10stockbroker.com & Indianfranchisereview.com are websites under Medmonx Enterprises Private Limited. We are certified stock broker review & comparison website working with multiple partners. With the help of these consultants, you can enjoy profitable results. The additional benefits included in a VIP account are truly unbelievable.

• Apart from this, the platform also charges a subscription fee and inactivity fee.
• Olymp Trade holds a reputed position in the industry since its first operation in 2014.
• Using your mobile phone camera, scan the code below and download the Kindle app.
• To stay connected to the market, download an app for your iOS or Android smartphone.
• Forex mode on the Olymp Trade platform attracts users with its usability, a simple mechanism of placing the orders to fix the profit (take profit) or limit the loss (stop loss).
• It should be noted in the forex market, you can open a short position (when you expect the asset to go down in value) and profit from the decline of the quotes.
• Though, the platform will never accept your withdrawal request from the different payment options.

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• Olymp Trade is committed to providing transparent, reliable service, and paying close attention to client requests.
• The trader can also place an order and get a position opened only after the specific conditions have been met, like the time and the asset price.
• Surprisingly, Olymp Trade offers attractive deals and bonuses for its clients from time to time.
• If you make a trade up to £5,000, you also get the opportunity to interact with a VIP consultant personally.
• Forex trading is by far the largest financial market with more than $5 million in daily volume, whereas options trading are the easiest instrument to learn.
• An audit of 5000 customers’ trades found that the quality of service meets the standards.
• Affectionately termed ‘Jensanity’ by local media, Huang’s arrival drew fervent crowds seeking autographs and glimpses of the AI icon.

However, you might have found this same thing in other online trading platforms too. To stay connected to the market, download an app for your iOS or Android smartphone. Olymp Trade mobile apps have the same atmosphere of active trading and can become an essential part of a trader’s career. It is a perfect solution for those who enjoy getting predictable financial results. Fixed Time Trade trading involves buying or selling a contract before a certain date (expiration) and getting specified returns.

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Practising on different types of trading and money management strategies will help you become comfortable with them before risking your money. Trading the difference in currency rates, metals or crypto assets value us like traditional commerce. It should be noted in the forex market, you can open a short position (when you expect the asset to go down in value) and profit from the decline of the quotes.

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Especially if you’re planning to invest in Forex Market that doesn’t remain open for all time. If you make a trade up to £5,000, you also get the opportunity to interact with a VIP consultant personally. For instance, how you can manage capital, the latest trading tips, etc. In a nutshell, the forex broker has everything that supports each of its clients in his/her trading journey. You can use the demo account right after the simple registration process.

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Mainly for those users who often go a little overwhelmed after seeing too much technical on an online trading platform. Trading strategies, indicators, and analytical tools are essential for a trader. All concepts, strategies, and tools are explained in simple language to ensure even the newest traders can learn everything necessary and become successful. The site’s automated assistant answers traders’ questions as soon as they appear in the education section. The company’s commission for the executed trades is minimal, and traders aren’t charged extra for depositing or withdrawing their money.

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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 Olymp Trade Platform 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.

Olymp Trade Introduces a Better Way to Trade With Forex Platform in India

Forex mode on the Olymp Trade platform attracts users with its usability, a simple mechanism of placing the orders to fix the profit (take profit) or limit the loss (stop loss). The platform uses high-end encryption, which provides full protection to the user’s data. Every market follows a varying timeframe and you may find yourself restricted to invest in your favorite asset.

• For traders, trading on this platform becomes much easier as this entire platform is easy to navigate.
• Deposits can be made quickly and easily through one of For a VIP account, you must deposit the required amount (approximately $2000).
• However, it often becomes hard for a few traders to trust IFC regulatory bodies because it isn’t that famous.
• You’ll have to pay off a significant fee if you want to trade overnight.
• The company’s commission for the executed trades is minimal, and traders aren’t charged extra for depositing or withdrawing their money.
• 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.
• Especially if you’re planning to invest in Forex Market that doesn’t remain open for all time.
• Trading strategies, indicators, and analytical tools are essential for a trader.

The price chart can be presented as Japanese candlesticks, bars, HeikinAshi candles or a line chart. No matter whether you’re trading through mobile or desktop, if you’re using Olymp Trade, you can invest at any time, anywhere. If you are afraid of putting your money for trading via a random trading platform, you can check its licensing.

Traders desired to experience a wide range of financial instruments offered under genuinely user-oriented terms. Respecting the recommendations of the users, the trading app introduced the Stock Price Trade service. There are trading strategies, workshops and webinars from the company’s analysts for traders of all levels in the “Education” section of the platform. It should be noted that there is a full economic calendar on the Olymp Trade platform, so no important news can be missed.

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• We are certified stock broker review & comparison website working with multiple partners.
• For traders, trading on this platform becomes much easier as this entire platform is easy to navigate.
• 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.
• If you love putting your smart strategies while trading and always prefer multiple trading options, then Olymp Trade will surely be made for you.
• Trading strategies, indicators, and analytical tools are essential for a trader.
• You’ll have to pay off a significant fee if you want to trade overnight.

This online broker allows you to put your strategy into execution that often surprises you when you draw profitable outcomes. If you’ve never stepped into a fully digital trading platform, it’s the best way to move on. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc. Olymp Trade has announced an introduction of a service levels system. In the first iteration, the company traders will receive Starter, Advanced, or Expert statuses.

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. Once registered, each trader will get a free demo account to practice risk-free trades. This account trades exactly like the live accounts on the platform with live quotes for all currency pairs, indices, and commodities using Olymp Trade Demo Dollars. Each trader has 10,000 Demo Dollars, which can be replenished an unlimited number of times.

Which Markets You Can Trade on OlympTrade India

Though, the country where you reside is the chief deciding factor in whether you can trade in a particular asset or not. Don’t worry then; the Olymp Trade Mobile app here comes up as the best option for you. Olymp Trade holds a reputed position in the industry since its first operation in 2014. The platform is famous for its loyalty and high-end efforts that satisfy its clients a lot. Thus, let’s dive into this Olymp Trade Review without waiting for long and bring to light all points stating how this platform provides you a leading edge in the market. Nvidia CEO Jensen Huang’s visit to Taiwan for the Computex trade show has sparked immense excitement.