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A Review of olympus4x Broker to trade any kind of assets

olympus4x.com is a trading broker that has built around the crypto coins, stocks, and foreign exchange advanced, and unique services – from expert risk management tools to reward systems for those who provide liquidity. On the platform, you can invest or trade for lower fees with many several exclusive benefits.

The broker in addition to allowing the buying and selling of crypto-assets offers great related services. The fundamental idea of this platform is to become a one-stop hub for traders on any asset while focusing on both the exchange and a wide range of collateral services.

Registration

olympus4x requires minimal and essential information about the person, which is mandated by international KYC practices and not by the broker itself. You should enter all the information you are asked for and follow through with registration. A note about mail: we use an address that is real and to which we actually have access, since you will receive a confirmation link on it and the subsequent communication from the operator.

How to trade on olympus4x?

The broker runs on MetaTrader 5 which is a popular multi-asset research and trading platform that can be used alone or connected to compatible online brokers. The platform has many advanced features, from fundamental and qualitative to technical and quantitative analysis, as well as numerous add-ons available through a huge market of third-party services.

In the MT5 you can fine-tune the time interval on the chart. Full-fledged trading in stocks and futures. MT4 supported these assets only through a derivative instrument – CFDs. MT5 allows you to trade stocks and futures directly. multi-threaded strategy testing and a built-in economic calendar.

The process of trading on currency pairs or assets comes down to the correct prediction of the trader movement of the chart for a certain period of time. When an asset is selected, it is necessary to:

  1. select a time period to trade;
  2. specify the sum of transaction;
  3. make a forecast of the direction in which the chart will move;
  4. click “up” or “down” button.

More than 38 technical indicators, 44 analytical objects, 21 timeframes, trading history and an unlimited number of charts are integrated into the basic MT5 platform. The technical indicators range from basic, price and trend-based indicators like moving averages and Bollinger Bands to oscillation/momentum based indicators like RSI and MACD. olympus4x broker cares about its users, so it offers the possibility of free strategy testing on a trial period, many indicators and an economic calendar.

Leverage and spread

olympus4x leverage is different for different account types. Clients who work with the Bronze account type can expect a leverage of 1:0. The higher leverage of 1:20 is for Silver account, which starts with $15,000 deposit. Those clients who can deposit from $50,000 can use 1:50 leverage.

Spreads on the website also depend on the type of account. If you take a standard trading account, the spread is floating and is about 1.3. Slippage that occurs at night should also be taken into account. Slippage on the platform is not high – up to 0.6. The better the account, the better the spread.

Trading training

olympus4x.com does not offer its clients a special educational course in trading, but the company allows them to learn in a real environment without having to spend money. The broker’s videos and tutorials are one of the most popular ways to improve your skills without spending too much. In addition, the broker provides access to transaction history and trading history. You can also take advantage of the most popular trading ideas and copy trading services on a special platform.

Deposits and withdrawals

You can make any transactions only after you’ve verified and confirmed your login to the personal area. You can deposit to your trading account via credit or debit cards, bank wire transfer or electronic wallets. The minimum deposit is $250, but it’s different for different types of accounts. Withdrawal operations can be made through available systems. The broker doesn’t charge for withdrawals from the trading account.

Customer service

If the client has any questions related to trading issues or the withdrawal of money, they can contact the trading platform consultants:

  • live chat. The fastest way to communicate. It works 24 hours a day, Monday to Sunday;
  • e-mail. Send an email with a question, complaint or suggestion;

In addition, the website has a FAQ section with a huge database of questions and answers that traders most often ask. In general, the support works very professionally, they respond very quickly, and you get answers to your questions.

Conclusion

You can trade more than 500 different markets on the platform. Stocks, currencies, commodities, ETFs and cryptocurrencies. The range of markets is quite large and, based on our experience, olympus4x.com is constantly adding new markets to its platform. You can use a variety of financial products to trade these markets.

The platform is comfortable and easy to use. In addition, professional and advanced traders are welcome. The biggest advantages of this broker are small minimum deposit, customizable platform and good trading conditions. Compared to other brokers, olympus4x offers a competitive trading environment.

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