Olymp Trade Thailand
OLYMP TRADE THAILAND REVIEW 2021
Fixed Time trading is one of the newest trends in Thailand today. If you are starting your online trading journey in Fixed Time Trading, Thailand is a great place to be. And the first step you need to do is to find the right Online Trading Platform or broker for you. One of the best names that you can pick in the country is Olymp Trade. For more than five years, the broker has been a part of the trading industry, and lots of traders have tested its services already.
Check out articles on Binary Options Brokers Thailand, IQ Option Review, Deriv Review, and ExpertOption Review.
Sign up with Olymp Trade
Registering as a Thai trader is simple since you only need to input your name, e-mail and choose the currency you want to use (euro or dollar). You can also use your Facebook or Google account, and once done, you can log in and proceed with trading. Once you sign up, you have access to everything the Olymp Trade broker has to offer. The only other choice is to open a VIP account.
There are some bonuses awaits to traders when you fund your trading account on this website. After creating an account, your first option is to deposit within an hour. If you do this, you will get a 100% Olymp Trade bonus. But, the bonus applies only to deposits between 30 and 200 USD or EUR. So, you cannot get more than 200 dollars/euro this way.
But there is another way if you want to get a bigger bonus. Standard Olymp Trade deposit bonuses also start at $30, but you only get 10% with that amount. They go all the way up to 50% for amounts of 5000$. Also, various promo codes can pop up from time to time, depending on the broker.
Is Olymp Trade legal in Thailand?
Yes, It is legal to do transactions with Olymp Trade in Thailand. Olymp trade offers online trading services as a reputed global Financial trading provider. They accept traders from all over the world with few exceptions. And as per the Olymp trade website, online traders from Thailand can trade several Options, CFD, and Forex assets through Olymp trade. Hence, it is legal to trade with Olymp trade in Thailand.
However, you can always seek advice from a legal expert depending on your country of residence. While trading with Olymp trade and making money, you must fulfill the local tax liabilities.
SOFTWARE AND TRADING PLATFORM
Once you are done with the registration, you can head on to the Olymp Trade trading platform. There are around 250 various assets you can trade with, and the maximum amount you can invest is 2000 per trade or 5000 for a VIP member. Among other assets, you can also trade cryptocurrencies, such as Bitcoin, Ethereum, and CryptoIndex, a unique asset to this trading platform. Olymp Trade is excellent because they have no spreads.
When it comes to features, there are plenty of indicators and other trading tools to choose from, also various types of charts. With Olymp Trade, you have your economic calendar, for example, with a neat system of symbols. It denotes different volatility levels and other vital market details. Everything runs very smoothly, and the execution is fast, so the whole experience is excellent. Speaking about the desktop Olymp Trade platform for your PC, you don’t need to download anything to use it.
Olymp Trade MetaTrader 4
Lately, Olymp Trade introduced a new feature to its website. The broker allows you to perform trades on MetaTrader 4, which is the most well-known trading platform in the world today. You can guarantee reliability because, with MetaTrader 4, you will have no problems.
It also means more options for new traders. Islamic accounts are now open, something that will be crucial to Muslim traders. Olymp Trade also has robots, spreads start from zero pips, and leverage goes to 1:400, etc. These are just some of the features, so this means that Olymp Trade is on the move and expanding. If you are an expert trader, you know full well how great a MetaTrader 4 is. And because they are aiming for more audience, you can ensure that Olymp Trade is doing well to prove itself in the trading industry.
Olymp Trade offers to trade on the go, which is why they have an excellent mobile app you can download for free. Both iOS and Android users can download it from App Store and Google Play. But what is more impressive about this app is that it was downloaded over five million times so far. It receives positive reviews from traders due to its excellent features. If you are a VIP, your potential profit can still go up to 90%, plus you get loads of educational materials.
Olymp Trade has improved its trading software, so this app is unique in the industry. Your mobile trading experience will be first-class, and you can easily ask for help if you need it.
Built-in Indicators to help you trade better
Olymp Trade is continuously increasing its offer, so they also introduced the CCI oscillator. It’s an excellent way to see how much an asset has moved from its average price. It can tell you with a high degree of certainty when a trend is about to reverse. Olymp Trade CCI oscillator shines when it combines with other analytical tools, like MACD. Furthermore, if you haven’t used this tool before, the broker suggests using it on the EUR/USD pair to see how it works. On the other hand, if you’re an expert trader, you’ll love the fact that this oscillator is here.
Olymp Trade offers a Demo Account, Trading Account, VIP Account, and MT4 trading account to its clients. The VIP account comes with privileges and extra features. Its MT4 platform offers regular Forex trading on more than 100 assets with ultra-fast execution speed and low spreads.
Olymp Trade allows you to test the platform for yourself. The broker offers a demo trading account that lets you practice whatever trading skills you might have learned.
It is a way the company can show you that they have nothing to hide. You sign up with the broker, and the practice version of your account will be accessible right away. You don’t need to make a deposit. Once you complete the registration process, you will instantly get 10,000 virtual USD, which you can then open virtual trades to test out your strategies. Also, you can explore all the opportunities this unique trading software offers and see how it works. It is also an excellent tool if you want to learn about trading.
With the Olymp Trade VIP account, you can also receive trading signals from the broker. These signals are a part of the Olymp Trade VIP package. VIP members have their potential profit from a trade increased to 90% and a dedicated personal account manager to help them out with their investment. Also, you can access webinars where you can enhance your knowledge and get tips from trading experts.
The VIP Account starts with a deposit of at least 2000 USD. With risk-free trades and increased profits, there’s a high chance you’ll be able to get your investment back quickly.
You can open a regular trading account with as low as $10 deposit.
Olymp Trade does not limit its traders to Digital Options and Fixed Time trading. It also provides the industry-leading MT4 trading platform with fast execution speed to carry out CFD trading on Forex, Stocks, Indices, and Commodities.
Olymp Trade MT4 platform is especially popular for fast trade execution and low spread on trading with the lowest commission.
The MT4 traders get access to exclusive analytics and webinars free of cost.
Olymp Trade MT4 platform comes with four account types – Demo, Standard, ECN, and Swap-Free Account for Islamic Forex traders.
Before you start trading with Olymp Trade in Thailand, the first thing that you need to do is to fund your account. Olymp Trade deposit is simple to make. You can choose between bank cards (Visa and MasterCard) or one of several e-wallets (Skrill, Neteller, Qiwi, WebMoney, Yandex, or Fasapay). The next thing is you decide on the amount you want to deposit. With Olymp Trade, the minimum deposit requirement is 10 USD or EUR, which is one of the lowest requirements in the whole industry. Also, the broker covers all deposit fees. The amount you deposit will be the same amount that will be transferred to your trading account.
HOW TO WITHDRAW
The withdrawal process has to go smoothly if a broker survives in the industry. Traders need to undergo the verification process. It will take one day for your documents (photo ID, proof of residence, etc.) to be processed.
To start an Olymp Trade withdrawal, you have to complete the login and then go to the Withdrawal section of your Dashboard. Keep in mind that you can only withdraw money through the same method you used to deposit them. The processing time can be up to five days, but usually, the requests are approved within 24 hours. The available methods are Qiwi, Yandex, Neteller, Skrill, Fasapay, Webmoney, and bank cards, whereas bank transfers depend on regions. Olymp Trade charges no withdrawal fees either on deposit and withdrawal, which can turn out to be quite an advantage. The minimum requirement for withdrawal is10 USD or EUR. So we can say that this broker is one of the most flexible ones in this industry.
STRATEGIES AND EDUCATION
Olymp Trade education consists of three different parts, such as strategies, indicators, and webinars.
The presentations and videos can help you a lot if you’re a newbie because they keep things simple, especially when it comes to the language they use. All the most important topics are covered, so you can get everything you need on things. After you go through that, you can have your own Olymp Trade strategy or adjust one of the existing ones to suit you better.
If you wish to take things one step further, webinars are the way to go. The website has an archive of them, plus the broker organizes new ones now and then, so stay alert if you want to engage in one. Expert traders lead and will tackle some of the most vital issues and give you some tips on how to behave when an opportunity arises.
Also, Olymp Trade has a YouTube channel with videos in many languages. The tutorial videos there are all in English, then everyone can understand them.
When choosing a broker, always try to reach out to people who trade there to get a second opinion. You have to learn what to expect if a broker is legit. You will never get perfect reviews, but if the majority of people you talk to says pretty much the same, then you can get a pretty solid idea of what to expect.
No trader invested a dollar or two and then became a millionaire shortly after. Those traders who turned out to be profitable knew that all trading carries a certain amount of risk, and it may take some time to start earning a significant profit. The most important thing to take from all of that is that Olymp Trade is fair and will treat you better. Its software runs smoothly, and your money is managed professionally on every occasion.
If you want to focus on your trades, you have to rely on the support team when you need help or information. The good thing is, Olymp Trade customer care is excellent, with some professional individuals to assist. You can get their contact number on the website, but you can also use e-mail or the e-mail form the broker has set up on its support page. But an even quicker way to reach them out, all you need is via Olymp Trade live chat. A specialist will be there with you very quickly, so you can sort things out right away. Also, a detailed FAQ section (it’s called Knowledge Base) with almost 50 questions answered.
The broker has a YouTube channel, and they are also active on Facebook and Google+. Keep in mind to check out the legal information because that part of the website is really well written and clearly shows how things work around here. That’s one of the reasons this company is well-known worldwide.
Olymp Trade Review – Thailand
If you like trading options, Olymp Trade is a company to consider. Low financial requirements will surely attract many people and other features that are worthy of your attention. The company itself created the trading software that comes as a great mobile app. The amount needed to become a VIP member is also low, which means you can access trading signals, increased profits, and other excellent goodies. You can also test everything here without any risk and educate yourself without any additional charges with the help of a demo account. If you need any help, the support team will always be there for you. Lastly, you can get some pretty nice bonuses here too. Open an account with Olymp Trade Thailand and start your trading journey today.