OlympTrade: feedback from investors. Binary Options

Have you heard about the opportunity to earn on the exchange? And that everyone can start his own business on the Internet? And do you know that both the first and the second today can easily be combined without making large investments and not getting a certificate for trading on the currency exchange?

It sounds intriguing, does not it? And most importantly, it's true, and on the Internet, everyone can actually start trading currencies without much effort. All that is required of you to make this trade successful is the desire to learn, access to the network and, of course, a little desire. Many people around the world have thus created an additional source of income. If this interests you, then in the article we will talk about how to start trading, characterize one of the brokers in this area and describe the whole process.

Binary options - what is it?

First, let's define what exactly we would like to do. Trading on the stock exchange is a niche that is quite broad: here you can carry out operations on Forex, making profit from how much the exchange rate changes; You can attract investors through PAMM-accounts, showing good results. Or you can even engage in binary options that bring profit even in the case of insignificant changes in the exchange rate only on the basis of your forecasts regarding the direction of movement of the value of a particular currency. Actually, we will talk about the latter.

Binary options are a financial instrument. They are a deal between a trader and a broker, which is based on the forecast of the first regarding changes in the market. For example, a trader makes a prediction that the USD / JPY pair will become cheaper, and specifies the period after which it will happen. Even if the currency price falls by only one point, the forecast is justified and the trader gets his profit (up to 80 percent of the funds invested in the forecast). Sounds easy, does not it? Due to this, OlympTrade (the trading platform, which we will talk about in this article) and many other brokers attract people. Working with binary options seems very simple and so, from which everyone can easily make a profit. Although this is not true, in fact, options can be a good platform for earning.

The largest trading platforms

Given the popularity of this tool, recently a large number of sites for trading options. Most of them have set enough "high" (relatively) thresholds for new users to enter - deposits of 100, 150 and 200 euros. Of course, not everyone trying their hand at trading is ready to give such money for a simple experiment (than for most such is trading).

Therefore, very soon a new niche of "budget" sites appeared, opening the possibility for forecasting and earning on options from $ 10-20 already. We will talk about one of these in this article. It's about OlympTrade.

How to make money on this platform, of course, we will not disclose in details. The essence of income generation here is not much different from other brokers, promoting with binary options. The trader still needs to simply determine the course's progress and be "in the black". Simply on OlympTrade it can be made more profitable (here pay up to 80 percent from the investment, which is already a good indicator for the market as a whole); As well as with lesser investments (a $ 10 deposit is simply ridiculous and is aimed, obviously, at attracting more less experienced and seriously minded participants).

OlympTrade: reviews about the company

And what about feedback on the platform? In fact, there are not so many of them in the network for the reason that they launched the project relatively recently - even the domain was registered only in 2014. So do not be surprised that there is not much information about https://Olymptrade.com.

True, from what is, you can note a lot of positive characteristics relating to a low deposit, as well as a simple and intuitive interface of the site itself. Everyone can start trading here easily - no special training and no special skills are required. The main thing is to be able to work with the options themselves, and not just trying to "guess". As practice shows, one can not achieve much by intuition alone.

As for some trading strategies and tactics, then they can be earned through a demo account. Everyone can open it, after which they receive 10,000 bonus dollars (let's call them "candy wrappers"). You can do anything with them - losing them, you are not obliging yourself. Thus, they can become an excellent platform for starting a beginner trader.

Working conditions

How is work carried out here? Very simply - you are given the opportunity to download a convenient client, install it on your computer and then make predictions about the exchange rate. About software OlympTrade reviews say that this is a real helper, to work with which is quite convenient. Above the interface of the program really worked for glory.

In addition, you need to undergo proof of your identity on request from the company's finance department. This is done by sending a color copy of the documents to the e-mail address of OlympTrade. Customer testimonials indicate that in most cases the administration asks for this authorization.

Regarding the division of profits, as already noted above, a trader here is promised up to 80%. In fact, this rate varies depending on the volatility of the market at the time of the transaction.

After the money is deposited into the account, the client can withdraw them by submitting a corresponding request. It is held for 5 working days. Unsurprisingly, on the OlympTrade, reviews of payments are mostly negative, noting the delays in their conduct. In general, you should not worry - the project pays, so in any case, your money will be credited to your account.

Where to begin?

A logical question that all those who are interested in working with options ask: "And where do we start?" The answer is simple: register your account. As we noted above, it is better to create a so-called "training" demo account on OlympTrade. Binary options can be a good way to profit only if you have experience with them. You can earn it completely free of charge, selling "candy wrappers".

After you see the whole mechanism of work, you can switch to real money. Moreover, to do this simply - a low minimum deposit allows you to start trading for everyone. Just do not rush it - otherwise, having lost money, many write that OlympTrade - a divorce, because of which people lose their investment. No, you can earn money here, but only if you approach the trade process correctly. You can not count on luck and make predictions "for luck". Otherwise, you really think that OlympTrade is a divorce, and not an effective exchange instrument.

Trading Strategies

Another interesting issue that should be raised is options trading strategies. In the network, you can find more than one article devoted to this topic: is there any sense in the strategies that are actively disseminated and sold on many Internet resources? Their authors and sellers promise that with them you can earn millions on sites like OlympTrade. Comments on the payments of those who use the strategy, indicate the allegedly a win-win of such techniques. But is it all true?

As experts note, no strategy can give a 100 percent guarantee of winning. And buying them from your hands, you most likely give money to a person who is far from trading options. Really effective methods remain with those who invented them, and bring profit to them. A free strategy you can use as a help. On the OlympTrade (reviews confirm this) lay out such techniques. They are distributed in the form of advice from the administration, to listen to them or not - each decides independently.

Refill

Oh, yes, about depositing money into the account. The above 10 dollars (or euros) can be deposited in the office using any electronic payment system (Qiwi, Neteller, Yandex.Money), as well as using simple bank cards.

Overall Impression

As for the system as a whole, OlympTrade is a trading platform with which you can start your way in the field of binary options and continue it in the future. It will feel comfortable here as beginners, willing to try their hand, and experienced traders. However, you can also go from first to last on this site. The main thing, as already noted at the very beginning of the article, is the desire to learn and a little patience.