[Resolved] Olymp Trade — I don't understand why do I need paid signals?

[Resolved] Olymp Trade — I don't understand why do I need paid signals?

Ygglladorr Feb 12, 2021

Why are there paid signals in the Market section? How are they different from Insights? I don't understand. There are free recommendations for Olymp Trade clients. They include a detailed description of what happens to an asset. There is also a predictable direction of movement. It's technical analysis. Why should I pay extra for a subscription to trading signals? I don't see any benefits. What is the point of such an add-on in the Market section? Was this information helpful? No (0) Yes (0)
Feb 17, 2021 Complaint marked as Resolved Oh, I get it. There's a lot more information in those signals. Basically, it's even good that clients have a choice. You can take simpler, free information. Or you can use more complex analytics and get trading signals. Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Feb 12, 2021

Verified Support

Hello, Ygglladorr!

Thank you for contacting us. Trading Signals placed in the Market are real-time trading signals from the company's analysts. Access to daily tips from our experts can be acquired in the market by paying for a subscription or via updating an account to an Expert Status.

The Insights section indeed provides access to free recommendations that every trader can use to conduct a thorough fundamental analysis. Concerning fundamental analysis tips, the forecast of price behavior in Insights is more general. As a rule, a longer forecast period is implied, which reduces its accuracy. Insights do not contain suggestions, which forecast is most suitable for a particular trading mode. This section is mainly about a possible price movement.

Also, the Insights section does not include technical analysis tips, which is why we advise combining Trading Signals and Insights to make balanced trading decisions. Do not hesitate to contact us if you need any additional information.

Best regards, Olymp Trade team.