What Fees Does Olymp Trade Charge
There are diversity of fees in financial field. Brokers are no exclusion here, they can impose additional costs on almost every move of customer.
That is why the soft policy of fees and especially low level of their sums is the advantage of Olymp Trade, Olymp Trade官网怎么样? among others, which traders appreciated. Here, we will inform you about the platform’s fees presented on Olymp Trade trading system.
Deposit And Withdrawal Fee
A very few brockerige companies that does not charge this kind of fee from users for deposits or withdrawals. The Olymp Trade is the one of these rare companies.
Traders get acquainted with this type of payment first of all. For example, some companies can charge about $ 50 for replenishing a brokerage account by bank transfer. Such strict conditions make it absolutely unprofitable to trade with a deposit of less than a few thousand US dollars.
But you should remember about many payment and banking systems charge a fee for any funds moving. Therefore, we advise that you ask question about both deposit and withdraw fee Olymp Trade官网怎么样? to Olymp Trade官网怎么样? your bank or payment system support.
The fee for making a transaction in Forex relates on follow things:
The top two arguments determine the position capacity. For instance, when you plan to trade a $ 100 at x500 multiples, the total size will be $ 50,000, and the fee will be estimated based Olymp Trade官网怎么样? on Olymp Trade官网怎么样? this sum.
The current trade fee sum is shown where the trade button is placed. Despite this, Olymp Trade官网怎么样? the final payment may vary a little due to the variability of the context.
Olymp Trade calculating the commission
The fee limit is determined in the asset spec, which is specific technical paper that you may find on the webpage of Olymp Trade.
This type of payment is now practically not found anywhere, but if your broker still works according to the rules from the 80s, come to Olymp Trade. You will definitely not Olymp Trade官网怎么样? meet such kind of fee with us.
Commission for Transferring a Position In a Day – Overnight Fee
This fee is imposed on those transactions where leverage or multiplier is used. In the classic trading, this swap was calculated based on the difference in bank interest rates of the countries whose currencies formed a pair.
At Olymp Trade官网怎么样? Olymp Trade, this payment is standardized and estimated without considering to compound interest. A fixed fee from the spec is taken as a basis, and its size is limited to 15% of the investment in the transaction.
Account Service Fee
Annual maintenance charge are standard thing for banking cards holders. Brokeredge companies as well use this fee Olymp Trade官网怎么样? or its derivatives: for example, payment of a depository, maintenance of a personal account, registration of securities on a Olymp Trade官网怎么样? broker’s balance sheet, etc.
All this is not applying at Olymp Trade. The only fee that is used on the platform is the subscription fee for inactivity.
This fee applies in case the user made not any real account transaction, as well as either deposits nor withdrawals within 6 months Then the platform charge $ 10 from the account every month.
In the absence of real funds and the presence of bonuses, all bonus money will be canceled. However, if there is 0 on the client’s balance, then nothing will be charged.
As Olymp Trade官网怎么样? we can see, there are few fees charged at Olymp Trade. Their formation is understandable and strictly regulated by technical conditions, so many traders never have questions on this topic. And if you still have them, please Olymp Trade官网怎么样? contact our technical support service and get the answers. Successful trading!
One Comment on “What Fees Does Olymp Trade Charge”
Olymptrade has small commissions, but other brokers have much higher commissions
MT4 – Account Types Available On Olymp Trade
Olymptrade mt4 platform
To gain profit on one of the large and reputable Olymp Trade brokerage services, you can use different types of accounts. Today, in addition to convenient desktop and both smqartphone and tablet applications, users Olymp Trade官网怎么样? can Olymp Trade官网怎么样? also use the MT4 platform.
Find out what account types exist at Olymp Trade today, what privileges and advantages each of them gives, as well as which one should you choose in your circumstances.
Demo Account At Olymp Trade
Demo, that is, Demonstration Account is a type that helps new users of the system see how the platform works and allows to discover how to use many of its functions and capabilities. Iт case Olymp Trade官网怎么样? you Olymp Trade官网怎么样? do not have enough experience and are afraid of incurring losses at the very beginning, then simply by registering you can use a simulator that will help you understand the intricacies of trading, understand the price Olymp Trade官网怎么样? movement charts and the peculiarities of opening positions.
You can apply a demo account for learning as long as Olymp Trade官网怎么样? you like in order to have time to properly find out and understand how to act for successful trading. In Olymp Trade官网怎么样? this case, you can get 10,000 trainer units again if the demo balance drops below 5,Olymp Trade官网怎么样? 000.
In the process of learning on a demo account, you will gain experience practically no different from what you will have when trading with real funds. You will be able to try out any strategies before Olymp Trade官网怎么样? you start risking your money.
How Can I Open a Demo Account?
You need only create login and password Olymp Trade官网怎么样? on the trading service. You can register an account at any time using any of the world languages available on Olymp Trade.
Also, by visiting the website www.metatrader.olymptrade.com you can register a MetaTrader 4 account or simply use your existing account. Log in with your username and password, without the need to create Olymp Trade官网怎么样? new ones.
Differences Between Account Options at Olymp Trade
The time has its frame when using the Forex mode, so the trader will have only weekly time limit, while in the fixed time mode in general, both Demo Olymp Trade官网怎么样? and Real accounts look the same. This allows beginners and not only them to test different strategies using small amounts of their real money.
What Types of Accounts Can I Use at Olymp Trade For MetaTrader 4?
Users can use Standard and ECN accounts in both demo and real modes. You can pay a spread Olymp Trade官网怎么样? of at least 1.1 points using a Standard account, while opening an order there is no need to pay a fee. The ECN account allows you to trade with a fixed charge with a spread equal to zero.
It is worth using the demo versions of both types of accounts to understand the essence of Olymp Trade官网怎么样? both methods. We also recommend trying various trading options with overnight hold replacement using the function without SWAP.
Open Olymp Trade官网怎么样? MetaTrader 4 Accounts
When you have registered on the www.metatrader.olymptrade.com website or logged in with your existing username and password, you can create one of the proposed MetaTrader 4 account options, both a demo version and a real one, and then select the Standard type or ECN.
Using this data, you can log into both the MetaTrader 4 web application and the mobile application. You can change the password for your MT Olymp Trade官网怎么样? 4 account at your convenience by going to your personal account and selecting the settings.
Open MetaTrader 4 Accounts on Olymptrade
So, starting with the demo account of the chosen option, you can safely start learning and developing as a trader. Your funds will initially be protected from beginner mistakes while you improve your trading skills.
Olymp Trade Promo Code & Bonus Codes
Olymp Trade is a leading platform for binary options, securities (CFDs) , ETFs , Cryptocurrency and Forex, and is currently one of the most popular brokers World Wide & most popular in USA ,Olymp Trade官网怎么样? UK , Australia & Canada. It was founded in 2015 in Cyprus (Europe), and is managed by Olymp Trade Inc .
The options are a type of investment (or tool) that has become popular worldwide, and that are characterized by offering a high return, with returns of up to 95% of your investment if you succeed in your prediction.
The trading platform of Olymp trade Option is easy to use, safe and reliable. One of the priorities of olymptrade.com was to offer a secure area to negotiate and secure the funds of the clients . They Olymp Trade官网怎么样? offers a Wide Variety of depositing Options,deposit Bonus & promo codes for new & existing traders .
Olymp Trade Bonus Promo Code – Olymp trade new Bonus codes for Jan 2022 to Dec 2022 – Get the latest 30% , 40% , 50% , 100% Bonus Codes & Promo Codes
Olymp Trade – Wiki & Help Centre
Account registration on OlympTrade
To register account trader must click “Registration” button and follow instruction:
- Registration button click in case if Olymp Trade官网怎么样? you Olymp Trade官网怎么样? haven’t have account yet.
- Fill email address for registration.
- Choose password for trading account.
- Choose currency for olymptrade account.
- Click register button for account registration.
- Trader can register account via Apple account.
- Account can be registered with Facebook account.
- Trader can register account with gmail.com account.
Log In Olymptrade account
For log in olymptrade account trader need click “Log In” button and follow instruction:
- Fill email field
- Fill password of account
- Click check box that trader not a robot
- Click “Log In” button
- For log in via “Apple” click apple button
- To login via “Facebook” click facebook button
- To login via “Google” click gmail.com button
Olymptrade deposit money
To add funds on trading account trader must click “deposit button” and Olymp Trade官网怎么样? select amount that must be added to account. Also trader can choose bonus. Amount of bonus depends on amount Olymp Trade官网怎么样? of deposit. Trader with bonus can withdraw money anytime.
Trading on demo account
For practice trader must use demo account. Trader can’t lose any money during using demo account on Olymptrade. It’s most great way to practice Olymp Trade官网怎么样? before make deposit on real account.
olymptrade real account
If trader wants start earn real money in this case trader must add funds on account. Real or live account can be used only for real trading. Trader can withdraw money any time with a lot of withdrawal methods.
Withrdraw money from Olymp Trade
Olymptrade offer a lot of withdrawal methods for traders. Only trader who made deposit can request withdraw money. Withdrawals are processed by the same payment systems used to deposit money into the olymptrade. Sometime olymptrade can request trader pass verification Olymp Trade官网怎么样? before allow trader withdraw money.
Verification may be needed to secure your account against any kind of fraudulent activities. Usually olymptrade doesn’t request pass verification. In some cases trader must upload copy of ID and copy of Utility bill to be able withdraw money from account. Also Olymptrade can request upload copy of bank card If trader used bank card for deposit.
Contact & Support
Contacts and support assistance for traders from olymp trade broker.
Olymptrade offer a lot of ways to help trader with some questions and issues. Trader can contact to Olymptrade with many methods:
- phone numbers from different location
- email address for any qestions
- Online chat form Olymp Trade官网怎么样?
- Contact form
- Company address
If trader has some question in this case request can be send by many ways 24/7.