Main » Ratings » Binary Options Brokers » Is Olymp Trade a Scam? » Testimonial no 59840
Olymp Trade
Total reviews 302
1 complaint
3.9
Unconfirmed company
olymptrade.com
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  • Company Review Olymp Trade
    • Year of use: 2023
    4.3
    Inaccurate feedback Rate your review 0
    0
    Service
    80%
    Personnel
    80%
    Quality
    80%
    Cost
    100%

    Hedging?

    Can I use such instrument like hedging to reduce the risk of my trading?

    2 response time
    Reply to a review
    I recommend it
    • haommai John Wen 16 April 2023 at 13:00
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      That is correct. Hedging is allowed on the platform. What you can also implement into your trading framework and strategy is that, once you get to the higher levels of professional trading, and the more you learn about fundamental peculiarities of the assets you’re trading, you will realize that some assets are postiively or negatively correlated to each other. So you can use an asset to hedge out your risk in another asset.

      Answer
    • Ossama Tannous John Wen 16 June 2023 at 13:36
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      Of course! This is the most effective method to reduce losses and increase your income. We can say that this is a classic scheme.
      But at the same time, I recommend hedging your orders carefully. This strategy is risky, so I recommend you study traders’ tips before you start using it in trading. Or practice on a broker’s demo account.

      Answer

More honest opinions from real people about the company Olymp Trade

  • Titi Purwanti 1 week ago
    4.5
    Rate your review 0
    0
    0

    friendly broker

    If one only reads a couple of Olymp Trade reviews, would see that the broker has an excllent reputation. I have experience but I was looking for a paltform that would give me market insights and I found out about the trading signals feature here which I highly recommend.
  • Malik Swaminathan 4 weeks ago
    4.8
    Rate your review 0
    0
    0

    Thoughts about broker

    The broker is great and pretty reliable. I could trade anywhere and anything. There are currency pairs, stocks and both of them are available in fixed time mode. In fixed mode profit can reach 80% and more. For many traders it may be something new and I think there is no reason to be afraid of that.You... Read more
  • Andrea Alma 1 month ago
    4.8
    Rate your review 0
    0
    0

    Olymp Trade review

    I've been working with these guys for a couple of years already, or maybe a year and a half, I ain't remember correctly, you know, household chores and children makes me forget about everything 😅 but for this period I have acquired certain skills with this broker. it has nice selection of trading modes... Read more
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Reviews 1 • Complaints 0
Rating 0
0 advantages and 0 minuses
Company review statistics for Olymp Trade
3.9
303 reviews
85%15%
Service
79%
Personnel
78%
Quality
77%
Cost
77%
The company in the ratings
RatingPlace
BBinary options brokers
7/42
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