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Here’s what consumers have asked with answers from Olymp Trade staff and previous consumers.
Raed A, hi there! Thanks for the good question. On weekends the stock market is closed. Most of the assets will become available only from Monday. However, you can still trade on cryptocurrencies, Over-The-Counter assets, and Composites. If you would like to know more about the trading hours of the assets, kindly follow the link https://plus.olymptrade.com/en/assets Do not hesitate to contact us if any questions or concerns appear. Best regards, Olymp Trade team.
Greetings, Yono K! That's a good question. The level of difficulty of using the indicator depends on your experience and knowledge. If you would like to get more information about trading, please look at this link: https://plus.olymptrade.com/en/education It is our education section, where you can find a lot of useful information about trading basics. You can also try each indicator on a demo account. We advise you to start trading on your live account only if you are able to make a profit on your demo account. Best regards, Olymp Trade team.
How brief should it be? Is "yes" brief enough? Look, the answer depends on what you are trying to achieve. If your goal is to get as much trading experience as possible in various trading aspects then you should definitely try it. Because of all trading modes olymp trade provides its clients, we can choose the type we are more inclined to. And it's a big deal, cuz each one of these modes differs from the others drastically.
It's difficult and easy simultaneously. I mean to start trading with olymp trade platform is quite easy because the platform itself is very intuitive and user-friendly. It won't take too much of your precious time to master it. On the flip side, to become good at trading you need to spend a lot of time on education which is very hard to do. You can either use olymp trade educational articles for that or try to find information on the web. I can say that olymp trade materials are well-rounded ones, and essentially it will be enough in the beginning. It will definitely help you to make a simple trading strategy. The more competent you will become the more you will explore some sophisticated trading theories. Answering your question I would say be prepared that trading requires lots of self-discipline and learning, it's not a walk in the park.
Hello, Shau T. Thank you for your question. We assume that you are asking about fees on the Forex mode. In Forex, we have Commission and Overnight fees. For Commissions, when opening a Forex trade, a certain amount is deducted from the trader's balance. This amount depends on several criteria: trade amount, multiplier, asset specification, etc. The current commission is shown along with the rest of the information about the trade. However, the final payment may sometimes differ slightly due to the market situation. Information about the minimum commission rate for opening trade and other conditions can be found in the "Trading Conditions" tab of the "Assets" menu. You can access it through the "Help" section. For the Overnight Fee (rollover to the next day), it is a commission for carrying a trader's leveraged position overnight and then deducted from the balance daily. The amount of commission depends on the factors of the trade amount, direction, multiplier, and overnight fee rate of the pair. The latter can be found in the "Trading Conditions" tab of the "Assets" menu. Hope we have answered your question. Best regards, Olymp Trade team.
Hi, Arpit! The number of transactions opened at the same time depends on your status on the platform. For example, the maximum number of trades that can be opened simultaneously for the Starter status is 20 on the Fixed Time Trades mode and 100 on Forex. You can find the detailed information at the link: https://olymptrade.com/en-us/statuses To provide you with a personalized answer, we will need to clarify your account details. Please, contact our support team on the website or write to us on Facebook. We will be happy to help you! Best regards, Olymp Trade team.
Hello, Decha P. Thank you for your question. In Fixed Time Trade, you can find the rate of return that you can get for profitable trade in the trade conditions menu. It means that if you have invested $10 with an 80% profitability, your profit for a correct forecast will be $8. And yes, the payout ratio in FFT can be up to 80%. Please let us know if you have any further questions. Best regards, Olymp Trade team.
Hello, dear Muyiwa I! Thanks for getting in touch. To get more information about trading kindly look at this link: https://plus.olymptrade.com/en/education. T is our education section, where you can find a lot of useful information about trading basics, FTT (Fixed Time Trades) strategies, Forex, Stocks, and more. We are sure that with a little study and practice, success will be in your hands! Best regards, Olymp Trade team.
Hello, Ponggool S. Thank you for sending us a question. Yes and No. We offer plenty of free trading signals and paid ones. You can find free signals when you click on the "i" (information) button on the right-hand side of the asset. Or you can access our free trading signals Telegram group, where we update with the most latest signals: https://t.me/olymptrade_expert_signals. Also, you can buy some in the "Market". Hope we have answered your question. Best regards, Olymp Trade team.
Taking into account what was introduced to the olymp trade community instead of ancient bonuses, of course it's justified. A whole new mechanism implemented by the company can bring you way more profits that it was back in the day with bonuses. Yeah, one may claim that it's not convenient that majority of traders were forced to adapt to the new increased profitability system, but I guess they quickly got used to it.
