[Resolved] Olymp Trade — Istake in METATrader or Olymp Trade takes my profit ?

[Resolved] Olymp Trade — Istake in METATrader or Olymp Trade takes my profit ?

S Sai_Sankaran Apr 19, 2021

I trade recently and I know the Forex market from videos on YouTube. I was advised this broker and I decided to open an account here .. But I don't understand what's going on. I learned technical analysis and can open orders. But when I wanted to buy USD / CAD at 1.2477, the purchase occurred at 1.2479 .. Why is that? Does the broker pick up my Perhaps this is a mistake in METATrader or Olymp Trade takes my profit ?? Was this information helpful? No (0) Yes (0)
Apr 22, 2021 Complaint marked as Resolved Thank you very much, I understand you. I did not understand what spread is and how to understand Bid and Ask prices. Everything is fine now, thanks for the help! Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Apr 20, 2021

Verified Support

Hello, Sai_Sankaran!

Thank you for sharing. It is wonderful that you have used YouTube video guides to learn more about the Forex market. When opening a position on the Olymp Trade MT4, the commission fees will be charged to you, namely the Spread, the difference between the purchase (Ask) price and sale (Bid) price, and SWAP, the commission for transferring a position to the following day. Please, share your account ID in the comments so our support team can receive more details regarding the specific order. This way, we can give you more accurate feedback.

Best regards, Olymp Trade team.