Is Olymp Trade Malaysia A Reliable Investment?
Posted by Jezzy Ashton on August 8th, 2019
Options trading is one of the modern trends catching up amongst Malaysian traders. However, due to the increasing fraud in online financial transactions, it is strongly recommended to take careful measures and trade just through authorized and trusted brokers only. If you are looking for reliable broker Olymp Trade is one of the names that many expert Malaysian traders vote for.
Olymp Trade is one of the biggest trading platform broker and it is owned by Smartex International Ltd in Seychelles in Cyprus. It began in 2014 and offers lots of trading options to choose from like Options Trading, Stocks, Forex and of course Cryptocurrencies. It is quite different from other platforms because they offer an extensive range of assets. Also, another reason why Olymp trade is uniquely different from other financial services is its free demo account and low entry-level available for every trader.
It does not charge transaction fees or surprise traders with hidden fees, unlike other platforms. A small fee is an exception for keeping a forex position open overnight. Traders have access to both Digital options and Forex trading. These two types of trading are available on the same platform. Traders have the ability to access both styles of trading through the same account, which is convenient and hassle-free of setting up multiple accounts to trade.
Before you decide to open an account at Olymp Trade, you need to know that there are two types of account available. To start your trading journey you can choose to open either a demo account or a standard account. Let’s check the difference!
Demo account - Everyone started as a beginner and any trading platform starts with a demo account. It is required to first register with a demo account and if you already have enough knowledge and skills, you can proceed to the real money account.
Standard account -This is simply an advanced demo account. You require to make a minimum deposit of . This deposit will give you access to ,000 as virtual money in your demo account.
Olymp trade deposit Method
The minimum deposit in Olymp Trade Malaysia is just , and you get to enjoy trading and you can use its ,000 as virtual money in your demo account. The minimum trade-in Olymp Trade is just which is a very good amount for new traders and a free demo account.
Options trading is a trading tool that anyone and everyone can use. Assistance and guidance of an established broker like Olymp trade will ensure that you are doing it most efficiently and securely.
Risk Warning: If you don't have any experience, never start trading on a real account. You need to have proper knowledge and experience. And never forget that when you are trading you are risking your money, it’s not that simple how you may think. Be mindful and remember that never invest your money that you can’t afford to lose.
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About the AuthorJezzy Ashton
Joined: June 6th, 2019
Articles Posted: 27
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