Currency traders buy and sell currencies through forex transactions based on how they expect currency exchange rates will fluctuate. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. For instance, consider the Euro/dollar currency pair, expressed as EUR/USD (Short tutorial: Currency Quotes). Ready to start reading everything there is to know about Olymp Trade India? All you need to do is start reading and deciding on your best investment options for the present moment and the following years and decades. Olymp Trade in India has undergone several investigations by the official Financial Commission, which concluded that the online trading platform meets the required best practices and high standards required for operating in the country. Links on World Trade Center Lower Manhattan Development Corporation (LMDC) — Official web site of the agency overseeing rebuilding.

These reviews and comments have also been shared by people who lost money and have had their accounts closed for violating the Olym Trade Terms & Conditions. Who would offer anyone something for free, especially when we’re talking about money? This means that you can try it with a demo account, for free, without having to invest any of your real money. Having such esteemed credentials, you can trade on the platform even without depositing into your Olymp Trade account. Open a live account with our licensed brokers and use the platform for free. We recommend such trustworthy brokers as BlackBull Markets, XM, and HFM. Since in forex trading money security is a priority, it is strongly recommended to trade with well-regulated companies that hold all necessary licenses, uphold authorized operations and deliver customer service on a proper level. In that case, you can always contact their customer support via email, live chat, or even by phone. In this case, a pip is calculated as a one-digit move in the second number after the decimal point. Leverage FX and Forex Trading are among the famous YouTube channels to provide people with videos on forex and its basics while Forex Club is a constantly updated channel which are quite few in number these days.

Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”)) is speculative and carries a high level of risk. Such a positive result and investigation conclusion means that Olymp Trade users in India are safe to buy, sell, trade currencies, stocks, forex, ETFs, commodities, and all the other things offered by the platform. This means that Indians are allowed to trade freely regarding stocks, commodities (gold, silver, platinum, and so on), ETFs, cryptocurrency, and anything else made available by the trading website and app. Low but quality backlinks are better than high but poor quality backlinks. Competition not only leads to better products and services for the end-users, but it also builds more extensive, better, and more reliable companies that contribute to the Indian economy. Not until you’ve got better acquainted and used to how the platform works. You have the option of choosing where to deposit and invest your money without being tied to one specific platform. You can only have one Trading Account (Trader ID), but up to 5 different live accounts connected to it to store your money.

Olymp Trade is one of the best trading platforms through which you can enter the binary options trading world. Is Olymp Trade safe in India? If you landed on our website, that means that you’re probably looking for all the relevant information you can find about Olymp Trade India and how to begin your online trading adventure. It would be best if you were in control of what you’re buying and selling to minimize the risks you are exposing yourself to. The answer would be yes, but always keep a close eye on the platform and the news evolving around it because you’re dealing with your own money, and you want to keep it as safe as possible. Do you want make funny videos from your computer or laptop? We always want to bring you the latest, most updated, and most relevant information in the industry, and with the Olymp Trade India article, we wanted to make no exceptions. Their legal representatives told us that India has no regulations, laws, or prohibitions regarding Indian traders on the Olymp Trade platform. The trading platform is also a member of the Financial Commission, a regulatory institution in charge of regulating various online trading platforms to ensure that they function in complete accordance with the Indian laws.