[Resolved] Olymp Trade — I think the deposit in Olymp Trade MT4 could be less

[Resolved] Olymp Trade — I think the deposit in Olymp Trade MT4 could be less

Tarmstront Mar 6, 2021

Why is there such a minimum deposit in Olymp Trade MT4? Why couldn't you keep the same level as in the FTT platform, namely $10? I don't have the capital for trading large sums, for example. But the smalls size suits me fine. However, I would also like to try Olymp Trade MT4. After all, it's a more professional platform. There are more indicators, chart settings, etc. So why can't I try it? Was this information helpful? No (0) Yes (0)
Mar 12, 2021 Complaint marked as Resolved You know, I've been thinking and realized the reason for this particular deposit size. With a smaller deposit in such a professional terminal as MT4, it is impossible to control risks in a quality way. So basically, everything can be explained. I think everything has reasons in Olymp Trade. Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Mar 15, 2021

Verified Support

Hi there, Tarmstront!

Thank you for sharing your thoughts with us. We are glad that you have reconsidered your attitude to the Olymp Trade MT4 deposit size. The minimum deposit for a Standard account type for the Olymp Trade MetaTrader 4 is on the same level - $10/€10. The minimum deposit for an ECN account is $200. This is one of the lowest bars on the market for such an account type. These conditions are suitable for professional traders as this account type offers a tight spread and small commissions for opening a trade. If you have any questions, please, ask. It would be a great pleasure for us to help you.

Best regards, Olymp Trade team.