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  • Rokyn
    started a topic Olymp Trade review

    Olymp Trade review

    Hi! what are you thinking about olymptrade? trusted?

  • Gishke
    replied
    I see. And generally, can this indicator be practically applied? Should I study it more thoroughly?

    Leave a comment:


  • Droid
    replied
    This indicator reflects the ratio between buys and sells of Olymp Trade clients'. If the amount of deals is the same, it means either traders don't see the trend or there are simply no deals. The last thing usually happens at night.

    Leave a comment:


  • Gishke
    replied
    I've noticed that there's the Sentiments indicator on Olymp's platform, but it often doesn't show anything, i mean, 50/50. What can it be connected with?

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  • Rokyn
    replied
    I see. I just thought it's better to study the theory first and then proceed to practice. I'll give it a try

    Leave a comment:


  • Humblemen
    replied
    A simple platform with 2 buttons – buy and sell – is quite enough to trade fundamentals and futures on forex. At the same time, the indicators and all the assistant-experts are useful for position trading when you need to place orders on a long term trend or you just need to identify the trend. Maybe it's better to decide first, what type of trading is more attractive to you?

    Leave a comment:


  • Rezisod
    replied
    You don't have to learn gardening, if you just want to eat a couple of apples)) The Olymp web-platform an the MT terminal are very different functionality-wise. They have the same purpose though. I think the ability to use a couple of dozens indicators is a more useful skill than setting up indicators or anything else. It is more important to work on the real market. You'll have to create your own strategies anyway. You can't create them without experience and you definitely can't find ready-to-use and working strategies on forums, as the market is constantly changing.

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  • Skill
    replied
    Well, there are not so many opportunities compared to the terminal. There are thousands of indicators and a bunch of experts developed for the terminal. Besides, if you study the subtleties of the MetaQuotes terminal and create your strategy, then you can program your own personal trading expert. You can even rent a VPS server to work 24/7. There are a lot of opportunities! Olymp has a couple of dozens indicators and the function of manual work.

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  • Rokyn
    replied
    The local platform is very different from MT4. I tried working with the terminal before that, it was very difficult. I read tons of informations, how to trade there and program, and here you just log in a you're ready to trade. It seems like a trap. I think forex requires a more serious attitude. Doesn't it?

    Leave a comment:


  • Humblemen
    replied
    Of course it's better to see for yourself. You saw the minimum deposit, you can actually try with the demo account to get used to the platform. I think you won't regret it in case you don't make silly mistakes. I can't see any obstacles. Just don't count on buying yourself a lexus in the end of the week.

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  • Rokyn
    replied
    I've been considering olymp trade for quite a while. I've read all the information on their website. This company is on the top in some rankings. It's still better to try yourself.

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  • Rezisod
    replied
    I'm glad you feel better there. And I'm not going to blame the exchanges. Personally, I trade crypto on olymp now. First, I traded crypto just on the exchange, and there are way more different cryptos there and everything is generally transparent. The quotations are formed basically before your eyes. In the meantime I also traded currency pairs on olymp. But then I gave up trading on the exchange. I still have some money on the account there in case I need it. But I trade crypto only on olymp now. They withdraw money in 20 min here.

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  • Skill
    replied
    Of course, you need to go through the verification in the very beginning. On olymp trade it is a fast process indeed. And on cryptocurrency exchanges it actually takes a lot of time. It took me more than 2 weeks to complete the verification there, and the main point is that no one replies to you in order to inform about the process. Support doesn't work at all basically. You can wait for a month and get a refuse, and then start all over again. Of course the exchanges have their own advantages, but I feel much better on olymp.

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  • Droid
    replied
    I'm such an idiot. I was told about the verification but of course I thought that I was the smartest. Or I actually didn't think anything, I just forgot. And when I started to withdraw my profit, I remembered. No verification – no money. It took me 2 days to send all the docs and get the approval. It's quite fast considering the fact that I had to send the selfie twice. I'm not wearing glasses on my passport photo, but on the selfie I did. So I had to take another photo, and it takes money. And what if they picked on something else?

    Leave a comment:


  • Humblemen
    replied
    Have you contacted the tech support? It's the first time I hear something like this about olymp. They could refuse in case you didn't go through verification or decided to withdraw to a card different from the one you mentioned during registration. They usually withdraw money very fast.

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