Reason: With the investment amount for each Forex order of $20, I always set the stop-loss at $6. So, to lose all $30 in 1 day, you have to lose 5 consecutive orders. If you trade and lose 5 consecutive orders in Olymp Trade, there are only 2 reasons: (i) Your method is problematic and (ii) You are impatient.
In today’s post, we will review one of the popular trading platforms and answer whether Olymp Trade is a scam or a legitimate broker. With all the recent news about the GameStop stock and how it made small-scale investors trading in Robinhood instantly rich, we certainly see a lot of interest in the idea of playing the market.
Olymp Trade is a Cyprus-based broker that is regulated by the International Financial Commission. This license ensures that traders are supported by deposit insurance, comprehensive support, and a prompt resolution of all issues. Olymp Trade has been a part of the options market since 2014 and has consistently improved its platform over the years.
The Olymp Trade Team up for Change charity campaign was a success. Together, we showed that online trading can be much more than just a profit-making tool.
Proof of withdrawing $50 every day for 4 consecutive days in Olymp Trade. Articles you will need to read in the 20-article series: – How to make $1,000 in Olymp Trade: Safe, stable, and easy to carry out. – 5 Basic Principles When Trading In Olymp Trade (Part 1/20). – 4 Things To Prepare Before Starting Trading In Olymp Trade (Part 2/20).
Olymp Trade’s Insights is a rich economic calendar. A scrollable news feed shows which assets may be affected by events and how prices may react. This data helps traders predict market moves. It changed trading. Attend webinars and try Olymp Trade tools and strategies on a free demo account with 10,000 demo units.
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what is olymp trade