For those who do not know Olymp Trade this is a Broker that has become very popular in recent years, specifically is a platform that specializes in binary options so you can make investments with this investment model and make money with that bearing in mind the risks involved in trading binary options.
Many people wonder if Olymp Trade is a good alternative to trade without a Broker, that is, if it is a scam or a fraud, let me tell you that this trading platform with binary options is supervised and regulated by the FMRRC with reference number 0395AAVV0074, this is a regulatory body that is responsible for authorizing investment operations in Russia, this is to say that the headquarters of this Broker is located in that country.
If you want the best practices of the binary options industry I recommend you to open an account with this Broker because he is very good as well as his competition and you can be sure that you trade on a reliable trading platform because it is regulated by a competent entity in financial fields.
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What are the Olymp Trade account types?
The Olymp Trade Broker offers a variety of accounts wide enough for any Trader according to the capital they intend to invest:
Demo Account:
The first of all is the popular account offered by all Brokers for those who want to trade on their platform using fictitious money and thus test the functioning of everything, this account is ideal for those who enter the platform for the first time and want to learn to manage it or those who do not know very well the binary options market and want to learn to trade on it.
Standard Account:
This account requires a minimum deposit of only 10 dollars, is ideal for people who want to make trading with binary options with very low amounts of capital, you can also deposit more money in this account if you want, as such the limits are low to give access to as many people as possible can trade on the platform.
VIP Account
As its name says it is an exclusive account, this is intended for people who will invest more than four figures in dollars in binary options, to be more specific the minimum deposit is 2000USD, this type of account is for wealthy people who consider the market not as an extra income but as a good source of monthly income from investments.
Binary options are a good way to make money on the Internet but you have to be cautious because as well as we can win you can also lose, if you win you get a 90% return on profits for any type of account, ie, if you invest 100 dollars and right in your investment you would be credited the 100 dollars again with 90 dollars more than would correspond to the net profit, this makes Olymp Trade one of the brokers that offer greater return.
Free learning and education materials for Traders
If you want to train as an expert trader in binary options with Olymp Trade you will be able to achieve this, this is because they offer courses, ebooks and other materials that will help you to be a successful investor, beyond the fact that you were taught to analyze the market because they have a small training academy that will help you in everything concerning this.
