Thread: Olymp Trade reviews

I tried the demo and found out that there are no spreads. Instead, there's a service fee, and moreover, it changes during the day. Frankly speaking, I was puzzled. Why make a variable fee instead of a spread?

Demo accounts do have many benefits that can be obtained by traders, which is why traders must be able to use the Dmeo account as well as possible to be able to maximize profits.

I think spreads only distract you, as traders (especially beginners) pay too much attention to it, while it is supposed to calculate trends and track signals. In general, if you compare, the Olymp fee is not higher than the spreads of most of the brokers. For the pound, the fee is 0,011-0,013%, it is 1,1-1,3 points. Such spreads are typical for ECN accounts, maybe, for which brokers require a deposit of $ 1,000.

Forex is a market in which a trader can easily start with small and large capitals. Forex is a globally decentralized market where different types of currencies are sold and purchased. Every day more than $4 trillion is traded. Here the broker is an important fact to consider. I traded with AAFX with their nice amount of bonus on the initial deposit with my small capital. I have a good profit for their services as well.

And in Olymp, such fees are available even for a minimum deposit. Yes, I understand this and I have already opened an account. According to my observation, a small fee allows you to make a profit even with minor fluctuations. Cool, you can do scalping!

every trader I think will have good passion trading, that is not the problem, the most important thing is that traders can focus on their respective passions in order to be more maximal in surviving and managing the funds and risks that exist well.

And I noticed on the demo that the fee for cryptocurrencies doesn't change. Tell me, is it the same for the real account?

Demo accounts do have to be able to be used as well as possible, this is needed so that traders can get better and be more leverage in generating profits while running trading activities on real accounts.

Originally Posted by Uncle Gober

Demo accounts do have to be able to be used as well as possible, this is needed so that traders can get better and be more leverage in generating profits while running trading activities on real accounts.

Learning in a demo account is indeed important too, where we can learn and practice the way the trading performance is in the right and right, the forex business needs a step-by-step process to succeed in this forex business. And where traders try to dive into a real account by taking advantage of one of the bonuses that Freshforex brokers have provided so that we can be even more enthusiastic about the way forex trading is and experience can also be increased

I didn't notice any difference in the rates. The Olymp trade's demo account is not different from the real one, because it's basically the same account with the same charts, just a couple of different different.