Olymp Trade Qatar
Olymp Trade Qatar – Review
Olymp trade has earned the trust and popularity by providing reliable trading service to the traders in Qatar. It has trained many new traders to learn Binary Options and to trade profitably. Its strategy-based training is quite useful for new traders. Other features of Olymp Trade are – high payout, fast fund withdrawal, VIP account for deposits above $2000, and advanced trading platform.
Olymp trade Qatar
Olymp Trade is one of the industry-leading binary options broker regulated by International Financial Commission. It accepts investors from all over the world, including Qatar. Its custom-built modern, advanced, and the most user-friendly trading platform is unique and superior. The trading platform is equally suitable for professional traders and beginners. Olymp trade Qatar allows you to trade both classic binary options and turbo options (60 seconds- 5 minutes) with payout up to 90%. You can buy options ranging from 1 minute up to 3 hours. Olymp trade offers the best educational materials on trading and strategies.
Its training material on different trading Strategies and Indicators can give you a jump start in Binary Options Trading. Free Webinars of Olymp trade has helped many traders to gain knowledge and skills. It is an excellent opportunity to get expert training with Olymp trade. Start your journey into binary options with Olymp Trade today.
- Year Founded: 2014
- Minimum Deposit: $10
- Minimum Trade: $1
- Payouts: 92% Max
- Demo Account: Yes
Olymp Trade Features
The latest addition to Olymp trade is Bitcoin trading, you can now trade Bitcoin with Olymp Trade in Qatar. Olymp trade provides a personal consultant to traders who need help in understanding Binary Options trading and trading strategies.
You can open an FREE Demo Trading account to try all the trading features without risking any real money. You may open a real account later after getting enough practice and only when you gain confidence to trade with real money. Open a Demo trading account with Olymp Trade now.
Is Olymp Trade legal in Qatar?
Yes, it is legal to trade Forex and Digital Options with Olymp Trade in Qatar. Find more legal Binary/Digital Options Brokers on our Binary Options Qatar Review page.
Most of the traders ask this question in Qatar. Olymp Trade is an international entity and it provides its services to clients all over the world. The people from specific countries which is mentioned on its website. It does not include Qatar. Hence, it is legal to trade with Olymp Trade in Qatar.
There are certain countries who prohibit their residents from carrying out business with overseas trading platforms. However, there are no such restrictions while you are trading Forex or Options in Qatar. You must always stay updated about the regulations of your country of residence and trade while complying with the laws.
Olymp Trade Deposit Methods
There are easy and simple payment methods available for deposit and withdrawal of fund to and from your account. Olymp trade is quite fast in processing your fund withdrawal, unlike other brokers. It processes the client’s fund withdrawal request within 24 hours.
The commonly used deposit and withdrawal methods are Credit Card, Debit Card, Neteller, Skrill, WebMoney, FasaPay, and Bitcoin. You can also deposit funds to your account using bank wire transfer. Your account manager is always ready to assist you if you face any problem in the deposit and withdrawal of funds.
The Olymp Trade accepts deposits via the following methods:
- E-payments such as Skrill and Neteller
- Credit and debit cards
- Bank wire transfer
- Cryptocurrency such as Bitcoin
Deposit free with no extra charge, minimal deposit $ 10. This makes the site easily accessible to every traders and a good starting point for beginners. Funds accumulate relatively quickly, but wire transfers take longer than other methods. Cryptocurrencies tend to get faster.
The maximal withdrawal amount depends on whether you have a VIP or standard account. The minimum is always 10. The payment method traders used to deposit money will get your funds back Both Standard and VIP members enjoy fast withdrawal processing time. Withdrawal takes 24 hours to 3 days for standard investors. For VIP investors, it only takes a few hours.
Olymp Trade Trading Platforms
The trading platform for Options trading is available for Windows, Mac, iPhone, and Android phones. OlympTrade is your fast and simple-to-use tool to the financial market. Every day, more than 700,000 people worldwide trade online using this app.
Olymp Trade platform has an easy registration, sign up for demo account with 10,000 demo credits, interactive charts, and lots of technical indicators. Just download the app and trade in a demo account with confidence without risking your own money.
Assets list – Olymp Trade
Get access to a wide range of tradable assets like Forex, Stocks, Indices, Commodities, and Cryptocurrencies with Olymp Trade. The higher payout on Options trading and easy to use Trading Platform are the significant benefits of the Olymp Trade App.
Pros and Cons
- Advanced platform with an easy user interface.
- The MT4 platform is available for Forex and CFD.
- Safe and secure deposit method. 24-hour withdrawal processing.
- Regulated by International Financial Commission.
- Free Demo trading account.
- Free training on Strategy and Indicators. Free webinars.
- A minimum deposit of just 10$.
- Excellent support in multiple languages – Russian, English, Thai, Spanish, Indonesian, Turkish, Portuguese, and Vietnamese.
- No MT5 platform for Forex and CFD trading.
- Slightly higher spreads on Forex
Variety of Tradable Assets
Many different brokers and exchanges are limited to the types of assets they offer. So, for example, investors are either limited in what they can do in trade or have to set up multiple brokerage accounts. For small investors, the latter option is not reasonable.
Olymp solves this problem by offering a wide range of resources from the abundance of the trade market. The assets list goes on and on, but there are some more popular assets available in Olymp Trade:
- Currency Pair like the Euro versus the U.S. Dollar
- Crypto Currencies (Bitcoin, Ethereum, and more)
- Exchange-Traded Funds (ETF) like U.S. Real Estate and the Brazilian MSCI
- Olymp Trade allows you to start trading whatever your interest or expertise.
Short Term Trades
Olymp Trade focuses on a short-term trade. These positions can be held briefly from 15 seconds to 3 hours. In addition, the platform allows traders to choose a specific expiration date. This gives users more control over their trades. They can cancel the lost trade at any time. These unique features make it easy for early traders to keep their feet on the door.
In addition to training materials, Olympus Trade offers a free demo account. While registering, you get access to 10,000 virtual coins to play. That way, you don’t risk losing any of your real money when you cross the learning curve. The free demo account is also a valuable feature to get a sense of the interface of experienced traders. Traders can see if it is right for you without investing real money.
Types of Accounts
After the primary free demo account, there are two different options for accounts. These are just some of the goal-setting shareware that you can use.
To open a standard account, you need to deposit at least 10 USD. Yes, this is a very low minimal. Investors can trade a minimal of $1 and a maximum of $2,000. The minimum withdrawal amount is $10, and there is no maximum. You can only withdraw one for the day. The withdrawal process takes about 3 days.
To be eligible for a VIP account, traders must deposit at least $ 2,000. This account offers additional benefits that standard accounts do not provide. For example, a VIP account increases the maximum amount of your trading up to $ 5,000. Another considerable advantage is access to VIP consultants. VIP Advisors is a leading, experienced financial analyst. It also opens the door to additional tools to help you learn and understand trading.
Security and Regulation
Before selecting a broker, one of your main concerns should be their security. Traders should not invest their money in a site where you do not feel secure. In February 2016, Olymp Trade became an A-recognized member of the International Financial Commission (FinaCom). Finacom is a company that protects investors. When using a platform protected by FinaCom, any illegal activity is covered up to $ 20,000.
It is also essential to look for well-established platforms. Olymp Trade trades about 25,000 people a day and has a monthly turnover of $ 171 million. They have won numerous accolades, including:
- Best Options Trading Platform – Le Fonti 2018
- The Best Financial Broker – CPA Life Awards 2017
- Best Options Broker – Forex Expo 2017
- Fastest Growing Broker – ShowFx World 2016
With OlympTrade, you can get dedicated assistance and tailored to your needs. This reliable broker is your help in the world of financial markets. You get access to the Online Academy of trading, comprehensive webinars on trading strategies and signals, educational materials on trends, and trend trading. In addition, the latest investing analytics help you develop your skills and gain money online.
Regulation and Compliance
Olymp trade complies with International Financial Commission. This ensures that the trader trade in a transparent and safe environment. You can view the registration certificate of Olymp Trade and the independent audit results by visiting the International Financial Commission website.
Olymp Trade Review Conclusion – Final Thoughts
Experienced investors can be frustrated with the lack of assets and trading options. However, Olymp Trade can still be a convenient option for online trading with mobile options. The interface is designed to develop education and an immersive demo with new entrepreneurs in mind. Limited options can make it less daunting for newcomers to jump into trading. Also, uncluttered, simple design and low deposit requirements make it an attractive option for anyone who wants to trade.