We show you our most important and recent visitors news details With Olymp Trade, online trading has never been easier in the following article
Hind Al Soulia - Riyadh - Are you curious how you can use technology at your fingertips to make more money for you and your family? One of the most lucrative ways to convert our personal electronic devices into income is by trading in the market.
Thanks to advances in technology and, more importantly, widespread access to the Internet, people all over Asia and the world are utilizing their home computers, mobile phones, and tablets to invest in global markets.
Trading in the Forex Markets
One of the most popular and profitable markets for new investors is in Forex (Foreign Exchange) where investors trade the value of various national currencies. One of the reasons investors like this market is because they are always receiving a valuable and useful asset with every trade.
For instance, if an investor buys US dollars (USD) with Euros (EUR) at any price, the USD can be spent on whatever the investor chooses including to buy Euros if the price changes to a more favorable exchange rate. In either case, the investor didn’t lose any money — the value of the money just changed.
Since the price of the US dollar is tied heavily to oil prices with many currencies, the Forex markets in Asia are teeming with participants that make profits off even small fluctuations in exchange rates.
Get Started by Choosing a Online Broker
There are many different markets to choose from and a variety of brokers as well. One of the leaders in the industry is Olymp Trade. They have created a cutting edge, highly intuitive, and easy to use trading platform designed specifically for people that might now have investment/trading experience.
Olymp Trade like other brokers offers traders access to markets besides currencies as well including Exchange Funds like the Dow Jones and S&P 500, commodities like Brent oil and Gold, and even stocks for companies like Google and Tesla.
There are several reasons the Olymp Trade platform is a good place for both new investors and those with some experience.
One of the most important for Asian traders is that Olymp Trade Forex accounts are Halal because they don’t do “swaps” (paying or charging overnight interest on Forex trades), there is no gambling on the platform, and real trades are executed at spot market prices.
Advantages to Trading on Olymp Trade
Some of the advantages of using Olymp Trade as your broker for online trading:
1. Free Demo Account with $10,000 in virtual currency - Open your account and use the Demo Account to get familiar with the Olymp Trade platform. You’ll quickly realize how easy it is to use.
2. Easy Setup & Low Minimum Deposit - Olymp Trade clients only need to deposit a minimum of $10 to open a live trading account. Even better, the broker often provides bonuses to new clients on their first deposit and clients can use a variety of methods for deposit and withdrawals including bank transfers, bank cards, Skrill, Neteller, FasaPay and others.
3. Low Commissions and No Fees - One of the keys to successful trading is to reduce the amount you pay in fees and commissions out of your profits. Olymp Trade charges no fees on deposits, withdrawals, or account balances. Additionally, all commissions are transparent and upfront for traders so there is nothing hidden.
4. 500x Trade Multipliers - Olymp Trade’s unique and innovative multipliers allow traders to utilize market leverage without incurring the typical risk by borrowing money from a broker. This is a very useful tool for small investors because it increases a trade (and the profit) by up to 500 times the value of the trade.
Here is an example of how it works with an illustration below:
In the example, an investor opened a trade for $100, but with the Olymp Trade multiplier of 500x, the investor’s trade amount was increased to $50,000. Since the invested amount was larger, when the price increased 30 minutes later, the investor closed the trade and made $27 off the trade.
The best part is that the investor never risked more than their original $100, but benefitted from the multiplier. This is a powerful trading tool for small investors.
5. Free Educational and Training Resources - Olymp Trade is truly committed to the success of their clients and their growth over the last several years is a testimony to this. Clients of Olymp Trade gain access to professional trading tools, charts, and analytical resources for free.
Even more important, Olymp Trade provides seminars and tutorials on how to use these tools effectively when trading. Take a look at the huge amount of content that they have created to help their clients and you’ll see that it’s clear Olymp Trade is invested in the development of its clients.
Use Technology to Secure Your Future
It has been said that “Success” is when opportunity and preparedness meet. History is filled with moments in time where some people had the resources and opportunities to use them and change their lives for the better.
With access to the world’s markets, isn’t it time you took full advantage of the technology at your fingertips to reach your family’s financial goals? There is no time like the present so get started today. (Advertorial)
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