How do I make money on currency exchange rates with Olymp Trade?
We all know that the exchange rate between the Turkish lira and the US dollar has dropped considerably and become unstable. How can you keep what you’ve accumulated in a period of instability? Seasoned traders know the answer to this question. Financial market participants know not only how to preserve, but also how to augment their finances in this environment. After all, exchange rate instability is what traders make money on.
The most popular trading trend these days is binary options trading, because binary options are both simple and profitable and also really trendy. Our subject today, Olymp Trade, is a prominent representative of the industry. We’ll take it as an example to learn the secret of the popularity of binary options.
Up to 90% profit in 60 seconds with a minimum investment
Options quickly gave Forex considerable competition. Their popularity is largely attributable to the fact that traders know their potential losses and profits in advance. On other markets, everything depends on how much the price has changed since the position was opened.
To make steady money trading binary options, you need to know how to predict the movement of the market, and this involves intricate analytics. The binary options broker Olymp Trade offers clients a tool kit: currency pairs, stocks, indices, commodities, crypto currencies — more than 60 in all. Plus a variety of indicators that can be used for analysis, so it takes only a little time to learn.
But after you complete that step, there is nothing to limit your profits. On the Olymp Trade platform the profitability of the assets is consistently high – up to 80% in regular accounts and up to 90% in VIP accounts.
You select the time when your trade will close on your own. Convenient, right? Would you like to make a profit in as little as a minute? You can on the Olymp Platform – select any trade closing time from 1 minute to 23 hours.
But the biggest advantage is that you can trade through the broker with only 10 dollars or euros. The minimum deposit on the platform is €10/$10; the minimum trade, €1/$1. This is a good amount to start with, especially given that you can turn $10 into $19 in 1 minute.
Withdraw profits in 24 hours
Withdrawing the profit you’ve made on the Olymp Trade platform usually takes 24 hours. You can withdraw profits in any convenient way: to bank cards or through the popular payment systems Qiwi, Webmoney, Skrill, Neteller Epayments, and even to a Bitcoin wallet. And the broker assumes all the fees. No additional money will be taken from you to withdraw profit, refill your account, or make a trade.
Can I make money without any investments at all?
Not many people know that the broker has a partnership program, Olymp Trade Affiliate, that enables you to make money by recruiting partners without any investment whatsoever. This is one of largest partnership programs: today it numbers more than 20,000 actual partners from different countries.
Olymp Trade’s partners program was named the current year’s best at the CPA Life conference in April 2017 because:
– it guarantees the fastest payouts in the industry,
– it provides detailed, real-time statistics,
– it offers professional technical support,
– it holds regular contests and awards partners gifts.
This, by the way, is not the broker’s only award. Olymp Trade received the “Best Financial Broker” award at the same conference.
In 2016, the broker became the “Fastest Growing Broker of the Year” at ShowFx World, and Olymp Trade’s trading platform was named the “Best Binary Options Trading Platform” at IAIR Awards.
Olymp Trade in English
The Olymp Trade website and trading platform have been translated into Turkish. The broker’s client support staff speaks English and works 24/7. You can also get help and ask additional question on Olymp Trade’s Facebook page.
To sum up, every fine point, every detail – the trading platform, its interface, its operating speed, and its functionality – are important for trading efficiently on the financial market. But a financial broker’s service, both technical and consulting, is still the main thing.
Olymp Trade not only provides brokerages services, it also consults with its clients on trading and money management, and even offers ready-made investment ideas in the form of trading strategies. Look for them in the “Training” section at the broker’s website.