The most important thing that a trader is interested in is choosing a reliable and best binary options broker. Before choosing any broker, it’s recommended trying to initially trade on a demo account, as well as examine the reviews and opinions of other traders.
Reviews about Olymp Trade broker
If you want to trade binary options, then first you need to find a broker. A broker is a company, or an individual, that brings buyers and sellers together so that they can trade. Helping them find each other, it acts as an agent or intermediary.
For the article we’ve used the rating of binary option traders at https://fraudbroker.com/binary-brokers-review/ that selects the best brokers for trading binary options according to several criteria:
- The availability of a license to operate from the regulator
- How well the company is capitalized
- The speed of cash transactions and timely payments
- Trading conditions, a variety of assets, and tools for trading
- The performance of the broker’s site and the convenience of the trading platform
- Technical support and quality customer service
- Security of online trading on the broker’s website
Complaints about Olymp Trade
You can find many reviews online both positive and negative about the broker. To make sure your cooperation with the broker goes smoothly, carefully read the agreement and terms.
Olymp Trade is it a scam?
The review about Olymp Trade is based on the information provided by FraudBroker.com – https://fraudbroker.com/review/olymptrade/.
In order to understand whether a binary options broker works legally or is a fraud, it is necessary to pay attention to whether its activities are regulated by special organizations. Any trader wants to be sure that his funds are safe, and any problems that he may encounter, when trading on a particular platform, will be solved. OlympTrade is regulated by organizations such as FMRRC and FinaCom. This shows that the broker seeks to earn the trust of traders.
Olymp Trade deposits and withdrawals
Among the ways to withdraw funds, there are the most familiar, convenient, and safe tools. This is a traditional withdrawal to a bank account (card) and the wallets of electronic payment systems such as QIWI Wallet, Yandex.Money, WebMoney, Neteller, etc.
Another advantage of the broker is the absence of transaction fees. That is, the trader does not need to pay anything if he wants to replenish the trading account or withdraw money.
Olym Trade bonuses
The bonuses offered by binary options brokers give traders additional opportunities to make profits in the financial markets.
The first type of bonus a new client of the company can receive even before he decides to make the deposit. After completing the training, the trader can confirm his knowledge passing a test and receive $5 deposit.
Another bonus for new clients is a reward for completing a simple quest, the reward is also $5 dollars.
There is also a bonus for the first deposit. The amount of funds accrued by the broker is in direct proportion to the amount of replenishment and ranges from 30% to 100%.