[Resolved] Olymp Trade — I cant change multipliers for classical leverage

[Resolved] Olymp Trade — I cant change multipliers for classical leverage

A Abhishek_Tank Mar 3, 2021

I have recently signed up with your platform. I find it very innovative in many regards. What’s more, it’s very convenient to use, which is very important for me. It took me several minutes to realize how it works. One one hand, trading with multipliers is a very interesting thing. I have never tried before. On the other hand, I’m used to trading with classical leverage. But I can’t figure out how to shift to typical leverage from multipliers in this platform. How should I do this? Was this information helpful? No (0) Yes (0)
Mar 10, 2021 Complaint marked as Resolved I think that it’s not a big problem that this web platform doesn’t offer classical leverage. I can use it on Metatrader. So, I’m just going to open another account for this purpose. Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Mar 3, 2021

Verified Support

Hi there, Abhishek_Tank!

Thank you for taking your time to leave a question. We are happy that you find the Olymp Trade platform innovative and convenient to use. On the Olymp Trade Forex platform, leverage is achieved through a customized Multiplier function. This is why you can not shift to the habitual leverage on the platform. The financial tool allows you to multiply your investment amount. The multiplier value shows how many times the total trade volume will increase. You can try out the multiplier in a demo account to understand its mechanics better. If you have any questions, kindly ask. We will help you with great pleasure.

Best regards, Olymp Trade team.