If you’re a newbie to online trading, Olymp Trade has a free demo account that comes with ten thousand virtual coins. The demo account is a great way to practice the trading interface before you invest any money. Even seasoned traders can use it to get the feel of the platform before they sign up for a real account.
Known For Exceptional Customer Service
Olymp Trade is a trailblazing online trading platform that has been in operation since 2014. They employ a team of financial experts, developers, and support staff who listen to their customers and continuously add on-demand features that is known from many reliable source link. As a result, they’ve received numerous industry awards and recognition. Among them is the Best Customer Support Broker award for 2020, which will be a testament to their exceptional customer service.
Besides the great platform, the Olymp Trade website is simple to use, and it’s easy to sign up. With over 25,000 clients trading with them every day, this brokerage has a proven track record. The company’s focus on continuous improvement has earned them many awards.
Olymp Trade has a 24-hour customer support center, and its specialists respond to clients in ten languages. In case you run into a problem, you can ask a specialist directly or order a callback from a financial analyst. The customer service representatives are also available via email, online chat, and direct phone conversations.
Spread Betting ON Forex
Spread betting on forex involves placing bets on two currencies at a time. When selling a currency, the bid price is the amount you receive in the counter currency, and when buying a currency, the ask price is the price you pay. The spread betting companies are legally required to disclose the details of these prices. Once you’ve decided which Currencies to trade, you’ll enter your stake, or how much you’re willing to risk on each point movement.
To begin spread betting forex market, you must create a free brokerage account. It takes less than five minutes to create an account, and once you confirm your email address, your account is ready for use. You can even place multiple spread bets to gain a wider range of experience. However, it’s important to understand that spread betting involves a high level of risk and should only be undertaken with money you can afford to lose. In addition to the benefits of the free demo account, the free Quotex platform offers a variety of indicators that can help traders make money. These include 15 oscillators, nine trend indicators, and even a free market news feed.
To Sum Up
Despite these risks, spread betting offers an excellent opportunity for investors to share in their success. However, you must choose a broker carefully. Make sure you read the fine print, and always do your own research before making a decision. You should consider the spreads and margin requirements of each broker before choosing the one you want to use. Remember that a good broker will offer a diverse range of tradeable assets.