Forex broker Olympus Markets is a subsidiary of Next Trade Ltd. and positions it as an organization with which customers can use their trading time as efficiently as possible. The company has offices in Malaysia, Luxembourg, and Russia. Their phones are available at olympusmarkets.com.
The main goal of the Olympus Markets broker is the success and capital growth of its users. Nevertheless, this forex platform has a rather mediocre reputation on the Internet and its mobile applications are not yet optimized enough.
How Does Olympus Markets Exchange Work
Forex broker Olympus Markets offers many services to help its traders in trading:
- Quick performance of orders
- A personal trading strategy developed by a team of professionals
- Providing a personal mentor
- Low brokerage spreads
- High leverage and the ability to enter into large transactions
- Individual conditions for everyone
You can also contact customer support, which works around the clock.
How To Trade On Olympus Markets
After registering on the site, verifying and replenishing the balance, you can start trading.
- Olympus Webtrader – a trading platform that works through a browser
- Olympus Markets Android – a trading application
Using this application, you will get such advantages as the ability to trade with one click, the clear limits of stop loss and take profit, the ability to set up auto trading, well-visualized graphics with support for 9 time frames, free technical indicators for more successful trading and support for operating systems ( Windows, Android, and iOS).
Using this Android platform, you get the following privileges:
- over 200 assets to trade
- the presence of all the main types and methods of execution
- the ability to fully control your personal trading account at any time
- bonus technical indicators
Is Olympus Market Safe?
Assessing the work of forex broker Olympus Markets, it should be noted that on the site itself there is almost no information about the company that manages the broker.
Regulation is critical to the security of investment in markets. Only reputable financial institutions such as the UK Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC) can provide sufficient security for traders. And unfortunately, Olympus Markets is not properly regulated.
Of course, the broker has successfully provided access to financial markets for about five years, has its own authoring platform, as well as a mobile application. However, the reliability of cooperation with him is extremely low, since he does not have a reliable license.
Forex broker Olympus Markets has been operating on the market for about 5 years. But today it is rather incomprehensible to trade with the platform, especially considering the commissions that it charges from its customers. Information and trading conditions on olympusmarkets.com are sometimes not true and do not find real confirmation in the trade.
The advantages of the company include the ability to quickly start trading, the availability of a training center, a good affiliate program and the ability to trade from any operating system.
Cons of the broker: minimum information about the company, negative reviews on the network and malfunctions of the mobile application.