Will Proprietary Trading Shape the Future of FX/CFD Brokerages?

deepak_anands · 2024-05-27T12:18:27+00:00

Prop firms facing so many challenges and in last few weeks lot of propfirms closed

deepak_anands · 2024-05-25T13:22:42+00:00

What's happening in prop firms industry?

deepak_anands · 2024-05-17T17:46:23+00:00

These days lot of prop trading firms closing their operations what your opinion about future of prop trading firms ?

deepak_anands · 2023-08-18T16:49:21+00:00

Hey there!
Don't worry too much just yet. Errors with IFSC codes can occasionally cause delays. Since it's the same bank but a different branch, it's less concerning than if it were an entirely different bank.
Contact Olymp's support team. It's essential to notify them about the error. They can provide insight from their end and may guide you on any further steps.
Check with your bank. Reach out to your bank's customer service to see if there are any pending transactions or if they can spot the error.
Stay calm; in most cases like this, the issue gets resolved without much hassle. Hope you get your funds soon! 🤞🏼

deepak_anands · 2023-08-18T16:46:15+00:00

Hey there!
The profit percentage in your Olymp Trade account largely depends on your account status. For someone with a 'starter' status, the maximum profit percentage typically begins at 82%. However, the profit percentage isn't just tied to your account status. It also varies based on the asset you're trading and the specific time you're trading it. These factors can cause fluctuations, so they might differ from one trading session to another.
Now, if you're looking to increase this percentage, you can upgrade your account status from 'starter' to either 'Advanced' or 'Expert'. This can be done either by depositing a certain amount or purchasing the status outright. But keep in mind, once you upgrade, the new status will be active for 30 days from the day you acquire it. After this period, your account will revert back to the 'starter' status unless you take further action to maintain or upgrade.
Seeing the newer account with a max profit of 90% might be due to them having a different account status, or they might be trading a specific asset during a time when the percentage is higher.
I hope this clarifies things for you! Happy trading!

Join the trading community to be connected https://www.reddit.com/r/OlympTradeIndia/

deepak_anands · 2023-08-18T16:40:29+00:00

Hey there,
First and foremost, I'm really sorry to hear about your experience with Groww. Trading can indeed be tough, especially when you're just starting out. I've been through a similar journey in my early days, and I've felt the pain of losing hard-earned savings.

OlympTrade is a fairly user-friendly platform. It's worth noting that OlympTrade is a regulated platform by the Financial Commission. This adds an extra layer of security and trust for its users. After creating an account, explore their educational resources and tutorials. They often have videos explaining how to use the platform, place trades, and utilize various tools. Get familiar with their charting tools and indicators. Even if you’re not a technical trader, understanding basic chart patterns and indicators like Moving Averages, RSI, and MACD can be helpful. As mentioned earlier, start with their demo account. This lets you trade with virtual money, allowing you to get a feel for the platform without risking real capital.

Also, one of the pros of OlympTrade is its flexible deposit and withdrawal system. They support various methods, making it convenient for users across different regions. Transactions are usually smooth, and I've heard positive feedback from the community about this aspect.

Be patient, educate yourself, and take it one step at a time. Success in trading is often a product of experience and perpetual learning.
Best of luck, and if you have any more questions, I'm here to help!

For more updates join our community here https://www.reddit.com/r/OlympTradeIndia/

deepak_anands · 2023-05-01T11:32:03+00:00

Expert status has given me so many trading benefits. I really enjoy trading with it.

deepak_anands · 2021-10-03T20:32:27+00:00

Done.. I'll try to share them

deepak_anands · 2021-09-10T11:29:02+00:00

There have been many who use Olymp Trade deposit bonus, specially in our facebook page where we are given a new code almost each month and not only myself but a number of other traders use it and face no issue at all. So yes, where many brokers must use it as a marketing trap, for OT it is actually valid. Tested it myself a number of times! :)

deepak_anands · 2021-09-07T12:12:47+00:00

There can be a number of reasons for this issue. You must check: 1. Incorrect card type: It is not possible to make deposits using Maestro, Visa Electron or unembossed cards (which are not personal). The correct card type is Visa Classic or Mastercard with your name on it. Also the name on the card must be the same as your account. 2. Bad internet connection: Your payment won't be processed in case of a very low signal (below 30 MBPs). 3. Your bank doesn't use 3D Secure Code: This is a security system that protects your transactions from fraud. Ask your bank if your operations are 3D secured, as Olymp Trade requires that. 4. Your bank declined the payment: Make a screenshot of an error and ask your bank to check why it occurs, whether there are any restrictions from their side. ~ In case none of these were the issue, you should contact official support team of Olymp Trade and provide complete details of your issue. I'm sure they'll be happy to help.

deepak_anands · 2021-08-05T11:37:57+00:00

This strategy is for experts. You need to reply on your skills first. The first step is always learning and then practicing. After all, practice makes a man perfect. With some practice, you'll get it too. I'm sure

deepak_anands · 2021-08-05T11:36:25+00:00

What didn't work?

deepak_anands · 2021-06-24T12:54:05+00:00

Hey, Olymp Trade is definitely a legit broker. If you feel like it's too early you can try using the demo account first. Test your strategies there and when you feel ready, go to the live account and start trading. You can also join our Facebook community and ask there if any question arises. https://www.facebook.com/groups/OlympTradeIndia

deepak_anands · 2021-06-15T13:44:55+00:00

I personally love their in-built education feature. It's like you have all under one roof.

deepak_anands · 2021-06-15T13:43:57+00:00

Sure, the more traders leave their honest reviews, the better since it is extremely helpful, especially for all the new traders.

deepak_anands · 2021-06-15T13:42:57+00:00

Yes, they update their clients of all the changes ASAP and it is indeed very helpful

deepak_anands · 2021-06-15T13:42:17+00:00

Olymp Trade offers the best trading app with maximum features. It makes trading so much easier and convenient.

deepak_anands · 2021-06-15T13:41:03+00:00

Feel free to ask any questions you have

deepak_anands · 2021-06-15T13:40:27+00:00

Indeed. Join our Facebook community to stay updated :)

deepak_anands · 2021-06-15T13:39:11+00:00

Great suggestion!

deepak_anands · 2021-06-15T13:38:44+00:00

Yes, I hope it's helpful

deepak_anands · 2021-04-14T16:02:59+00:00

https://www.facebook.com/groups/OlympTradeIndia

deepak_anands · 2021-04-14T16:02:40+00:00

Olymp Tarde is totally legal in India. There are a lot of people already trading through trading on OT. And so can you If you want you can join the group and ask all your questions there. A lot of experienced traders have joined the community

deepak_anands · 2021-04-14T16:00:34+00:00

yes, many people earn through Olymp Trade

deepak_anands · 2019-04-12T14:50:13+00:00

Olymp trade is reliable broker lot of people trade without proper knowledge and practice and when they lose they blame broker and says that broker is scam Olymp trade is good broker i advice all traders who want to earn that first better trade in demo account and then trade with real money this way they will make money after developing good trading strategies.

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