Olymp Trade Commission 2023
Olymp Trade is an established online trading broker that provides Forex, Fixed Time and Stocks trading on an easy-to-use platform. It provides numerous tools and training resources to assist traders in succeeding on the financial markets.
Olymp Trade is proud to be a member of FinaCom, an external dispute settlement organization for internet trading. As such, customers have access to free legal assistance with any disputes that may arise.
Olymp Trade is a licensed and regulated broker
Olymp Trade is a licensed and regulated broker that provides its clients with various trading platforms. With an established reputation for honesty and dependability, the firm has gained the trust of thousands of traders around the world.
Olymp Trade, as a licensed and regulated broker, is bound by international law to protect its customers' funds. If the broker fails to uphold this obligation, then they must refund any deposits made by customers. Furthermore, any disputes are resolved within an established legal framework so clients can rest assured knowing their money and financial interests are secure.
Olymp Trade strongly urges its clients to learn the fundamentals of trading using its extensive training resources, which include explainer videos, eBooks and webinars. Furthermore, the firm provides a free practice account so you can practice your skills before investing in a real account. This way, clients are not left without any opportunities for success when trading live.
The company provides access to text materials on fundamental and technical analysis, money management strategies and trading psychology. Its analysts host regular webinars to teach their clients how to interpret price movements and make informed decisions.
Olymp Trade's proprietary platform has an intuitive design, even for inexperienced traders, making it easy to use. Plus, this platform offers a broad selection of trading indicators like trend analysis and candlestick patterns.
Furthermore, the platform boasts a 24/7 customer support service available in eight languages. With an average response time of 15 seconds and knowledgeable staff on hand, you are sure to get assistance whenever needed.
Olymp Trade provides traders with a wide range of underlying assets to trade, from currency pairs and commodities to indices and cryptocurrencies. Popular coins like Bitcoin Gold and Ethereum Classic are just two among many available on its platforms.
Beginner traders will find trading conditions at this platform especially friendly; the minimum deposit is only $10 and it has been designed with ease of use in mind.
The brokerage is a member of the Finance Commission (FinaCom), an internationally-recognized financial regulatory body. Its license is valid across all countries where it operates and, should any issues arise with the company, FinaCom will step in to protect customers' rights and assets.
It is a member of the Finance Commission (FinaCom)
Olymp Trade is proud to be a member of the Finance Commission (FinaCom) since 2016, which guarantees traders coverage up to EUR20,000 in case of dispute.
This insurance policy is an excellent way to safeguard yourself and your funds in case of any disputes with the broker. Traders who are members of FinaCom can take their disputes directly to their organization for resolution by an experienced professional.
The Financial Commission is an independent self-regulatory organisation and external dispute resolution body dedicated solely to the Forex market. It strives to uphold the highest standards in business practices while offering traders an efficient and impartial resolution process.
It is a global dispute resolution commission that investigates complaints filed by traders and brokers and provides legal assistance in resolving them. Furthermore, it certifies technology providers and educational services providers.
Furthermore, FinaCom provides its members with a host of membership benefits. These include impartial resolution processes and protection up to EUR20,000 per client that is covered by the FinaCom compensation fund.
Last year, the Finance Commission received 3,026 complaints - a 26% increase from previous year. Of these issues, 98% were successfully addressed. On average it took just 5.6 days to resolve a complaint, marking its shortest period since inception.
One of the reasons why the Commission is successful is its dedication to transparency, speed and education. It strives to provide an efficient and impartial resolution process that guarantees traders and brokers can get their disputes settled promptly in an honest and reliable way.
Its list of authorized entities and regulated brokers features some of the top brands in the industry, such as TMGM, Pepperstone, Bold Prime, Axiory, DegerFX, and IC Markets.
Despite its size, the Finance Commission is able to handle an overwhelming volume of complaints and ensure they are promptly resolved. With an average resolution time of 5.6 days - faster than any industry dispute resolution body - this serves as a positive signal for all traders as it shows that the firm is reliable and operates with honesty and transparency.
It offers excellent training resources
If you are a novice trader, Olymp Trade offers demo accounts so that new traders can become acquainted with the platform and features, gain experience, and test out trading strategies without investing real money. Demo accounts offer the perfect opportunity to become familiar with Olymp Trade before opening a real account. It is an ideal way to become acquainted with all aspects of trading before investing actual funds.
The Olymp Trade website provides free educational materials for traders of all levels, from novice to expert. It includes articles about different trading strategies and indicators, psychological aspects of trading, as well as video tutorials and webinars for more experienced traders looking to hone their skills.
One of the key advantages of this broker is its excellent customer support. It provides various ways to contact their team, such as online chat and email, which are accessible 24/7 and will answer all your queries promptly.
Olymp Trade offers free-to-access training videos and books for both beginners and professionals, which can be downloaded. This is a huge advantage to traders with limited resources who cannot afford to invest in an extensive course.
Another impressive feature of this broker is its mobile application. Compatible with any smartphone or tablet, this application enables you to make fast and secure trades while on-the-go.
Olymp Trade offers an array of assets for trading on its online trading platform, from currency pairs and stock indices to commodities and cryptocurrencies like USD/Ruble or EUR/Ruble, gold, silver, platinum, and oil.
Furthermore, Olymp Trade provides a suite of tools for market analysis and risk management on its website. These include live charts, an array of indicators, as well as other helpful info.
Beginners will find this to be a great benefit, as it teaches them how to conduct proper market analysis and make informed decisions. Advanced traders also stand to benefit from this, as it keeps them abreast of the latest financial market developments.
The Olymp Trade website is accessible in multiple languages, such as Russian, English and Thai. It boasts an intuitive user interface that adjusts according to screen resolutions.
It offers a unique insurance policy
Olymp Trade stands out in the online gambling and financial services arena with its cutting-edge trading and educational tools, as well as high-end features like live chat customer support and a multilingual website. Plus, Olymp Trade gives away free bonus spins to attract newcomers; but its most sought-after offering is its VIP Club which gives access to private forums and exclusive bonus promotions.
Olymp Trade is a licensed and regulated brokerage with an emphasis on transparency and integrity. They also offer traders an unique insurance scheme to claim their money back should they become caught up in fraudulent activity. There are no hidden fees or costs, plus there's even a mobile app for those less tech-savvy. Olymp Trade provides traders with plenty of assets to choose from, including cryptocurrencies like Bitcoin and Litecoin.