Olymp Trade is recommended for beginners who are seeking to invest for the first time. These traders can benefit from features such as a low minimum deposit and the access to a demo account. Another striking benefit is the wealth of resources available as well as the Olymp Traders’ Club for communal learning. The broker provides excellent training resources to its users, including webinars, analyst support, and real-time tracking and analysis of prices. Olymp Trade also offers other useful tools in the form of economic calendars and specialized webinars. Furthermore, the company has a blog that helps traders to keep up with the latest trends and trading strategies.
The minimum deposit needed to trade on the platform is just $10, which is among the lowest in the industry. As of 2020, the broker’s average payout stands at $13.7 million per month and it has more than 25,000 active daily users. The average number of trades per month is about 35.4 million. Similarly, the average monthly trading volume stands at $179.2 million.
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