Olymp Trade Questions & Answers

Well, it has to be said that olymp trade is a commission only broker. Which means it's difficult to assess its pricing on a certain asset class. You can get the full impression about its cost-efficiency only by trading on the platform.

I've tried it for some time, not very long though. I feel like it's a very specific tool for traders who trade on very, very small timeframes. Because the deals in Quickler lasts literally seconds. You need to get used to this kind of trading style, that's for sure.

Yeah, for sure. As long as you have the balance to hold different positions, then you can go ahead and open them.

You need to specify your question a little bit, cuz I don't understand what fees you are talking about. If it's about payment fees, so the broker doesn't charge those on all of the payment systems. If it's about swaps or overnight fees, then there are some overnight fees for sure. But I can't tell you the exact numbers because they depend on the asset you trade and transfer the next day. It's better to contact support or research the platform to get this info. Ask them about the other fees as well.

Yes, the broker offers a mobile app. You can install it on your smarphone and trade on the go.

I've tried almost all indicators available on Olymp Trade while studying and developing my trading strategy. So I can say that Olymp has excellent indicators, including oscillators. They have been great in tests, so I recommend them. Yes, it took me a lot of time to test each indicator. But I was able to choose the most effective ones.

I can tell you one thing with certainty. This is the most convenient trading platform I have ever used. I have some experience and I know what I'm talking about.

Well, you'd better learn trading strategies in olymp trade educational center. I mean that different strategies may have different timeframes, as a rule H1, H4 are used for day trading, but there can be some details.