Olymp Trade app makes your phone more profitable
Deccan Chronicle | DC Correspondent
It's an app that can change your life for the best
Olymp Trade has created an app to help traders get the most out of their mobile devices.
Technology moves fast! But markets move even faster. Fortunately, the Olymp Trade App is here to connect traders on the move to markets around the world. The app is easy to download, install and use and allows traders all the benefits of desktop trading without being tied down to a desk.
If you have been wanting to find a way to make your phone profitable, then online trading may be a great option for you. If you’re already trading online, then you know how profitable trading can be even for small investors with little experience.
Gone are the days where only the rich had access to trading Forex or Options through large brokerage firms in select cities. With technology, average working people can now take advantage of the same market mechanisms and grab more control of their own finances.
If you’re interested in investing in Forex or Options online but aren’t familiar with the markets, you can learn a great deal about how to get started here. However, to give you a general idea, Forex and Options markets are exchanges where people from all over the world can trade currency pairs, commodities like Gold and oil, company stocks, and more.
To get started trading, you only need to create an account with a broker and now with easy to use phone apps like Olymp Trade’s, you can set up your account in minutes from nearly anywhere. Brokers simply connect traders to the markets and maintain platforms that give traders access to the tools they need to make trading decisions.
Olymp Trade is a global broker with many years of experience and millions of users trading and making profits daily from all walks of life and income levels. They have a desktop platform and mobile apps for Android and Apple iOS.
Here are some of the advantages of trading using the Olymp Trade App.
1. Dozens of assets and markets to choose from
Regardless of which markets you are interested in, Olymp Trade likely has what you’re looking for. Choose between Forex currency pairs like U.S. dollars, Japanese yen, the Euro, Great British pound and more. There are 71 different currency pairs available in all.
Additionally, Olymp Trade’s platform allows clients to trade commodities like Gold, Silver, and Oil; stocks from major international companies like Apple, Tesla, and Boeing; and exchange traded funds (ETFs) like the Dow Jones Industrial Average, the Hang Seng, and the S&P 500.
2. Two different trading modes including options and forex
Traders can utilize two different ways to make profits: Forex or Options.
With Options trading, clients need only choose an asset, decide whether that asset will increase or decrease in value over a set period of time. If they predict the movement correctly they profit up to 92% on their investment for the trade. They can make these trades with as little as $1 USD and in as little time as 1 minute.
Forex trading allows clients to profit based on the overall movement of the asset Up or Down for any length of time and traders can close those positions at any point based on how much they want to make off the trade.
Moreover, Olymp Trade’s multiplier increases a trader’s Forex investment by up to 500 times the trade amount in order to increase the profitability of their trades and with no additional risk. Therefore, a client opening a $10 USD trade can have that investment multiplied to $5,000 but only risks their $10. A profit of 10% goes from $1 to $500.
This opens the door for a variety of ways to trade profitably depending on the investor’s needs and financial goals.
3. Personal financial analysts for clients
Just like the big brokerage houses, Olymp Trade provides clients with access to a personal financial analyst to help them develop and implement successful trading strategies. These analysts are professionals and consultations are free.
Additionally, traders can practice on the free Demo Account provided to all clients, which is loaded up with $10,000 in virtual currency. Use the Demo Account to get familiar with the platform, try out strategies, and hone your skills.
As traders spend more time or invest more money, their access to have one-on-one discussions with these analysts is increased, but even more importantly Olymp Trade provides access to educational resources such as webinars, tutorials, and a popular blog.
Olymp Trade actually helps traders become more successful and profitable by providing these items for FREE.
4. Low commissions and no fees
Unlike many online and brick and mortar brokers, Olymp Trade doesn’t charge any fees on deposits, withdrawals, "maintenance", or other transactions to their clients. Clients can open an account with as little as $10 USD and may withdraw their profits at ANY time at no cost and with a variety of deposit and withdrawal methods.
Commissions are upfront and transparent for clients so they know in advance what their end profit will be eliminating the guessing game that many brokers play with their clients when opening and closing trades.
5. Clean, intuitive and easy-to-use interface
Olymp Trade’s App makes trading easy because traders regardless of their experience level can understand and utilize the app without worrying about clicking the wrong button and losing money.
The app is simple to use with customizable charts and analytical tools and is built to display on mobile devices. This eliminates any anxiety for traders who are on the go. Trade during your commute, at lunch, or virtually anywhere with the easy to use app.
Olymp Trade has created the right app to help traders get the most out of their mobile devices making it possible to reach your financial goals regardless of location. Never miss a great trading opportunity again because you’re stuck in traffic, at a family function, or away from your desktop.
Disclaimer: This is featured content. No Deccan Chronicle journalist is involved in creating this content. The Group also takes no responsibility for this content.