[Resolved] Olymp Trade — Broker for beginners.

[Resolved] Olymp Trade — Broker for beginners.

Jatin_Ramachandran Apr 9, 2021

I have been trading for five years, and I am especially picky about trading conditions. Like all other traders, I am looking for the most favorable trading conditions. I have known about Olymp Trade for over a year. But I decided to trade a couple of days ago. This is a good broker, but as for me, it focuses on newbies. In fact, the broker invests in training in a simplified FTT trading platform and constantly uploads free webinars. It's cool, but I would like to see something more "adult." For example, I wanted Olymp to raise my leverage. I like to take risks and feel the excitement. This is a kind of feeling of intoxication. I really like it. But I can't really enjoy trading to the fullest when the leverage is so shallow! Was this information helpful? No (0) Yes (0)
Apr 19, 2021 Complaint marked as Resolved Yeah, I understand it. Thank you for your answer, at that moment I was emotional. I was very glad that I came across such a good and reliable broker, but I was upset over a trifle under emotions. You're right. Leverage can either boost your profit or ruin your plans. Have a nice day! Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Apr 9, 2021

Verified Support

Hello, dear Jatin_Ramachandran!

Thank you for sharing your opinion with us. We strive to provide equally favorable conditions for both, beginners and experienced traders.

To view articles on more complex strategies, you can browse our blog Expert section: https://blog.olymptrade.com/vip-section/ Also, our Status System allows traders to upgrade the account level and receive additional privileges. Such as getting individual training with a personal analyst and achieving access to additional trading strategies for FTT and Forex modes. You can also try out our Olymp Trade MT4 platform, where you can add new indicators, monitor multiple charts at the same time, and use Expert Advisors.

We understand that the emotions of escalating the risks can be overwhelming, but it is essential to keep a cold mind in taking investment decisions. The higher leverage amount magnifies not only the potential profit but also the possible loss. To set up a preferred leverage value, you need to switch to Olymp Trade Forex, push the multiplier button next to a trading amount and select an amount from the suggested options (x50; x100; x200 or x500).

Best regards, Olymp Trade team.