Olymp Trade APK download for Android
What is the Olymp Trade APP APK?
Nowadays, more and more people are looking for extra income, whether it's a part-time job on the Internet or a full-fledged economic tool, which does not require any special experience to be managed.
The popularity of such a tool as binary options started gaining momentum just over 10 years ago. It was from that time that they started to present serious competitors for Forex. A lot of modern traders consider them as an available investment form in the financial markets. The main thing is to choose a reliable broker, such as Olymp Trade, for example.
The Olymp Trade Android Mobile App, is an opportunity for traders to work with binary options anytime, anywhere. Talking about binary options trading in simple terms, it is all about determining the change in value of a particular asset over a given period of time. If a trader is able to correctly determine the price direction, then one can count on a decent income. Otherwise, the trader loses.
The advantages of trading with the Olymp Trade APK are:
- Accessibility. You don't have to pay to register in the portal, and you may start trading even with minimal deposit of $10.
- Fast earnings. The minimum term for a contract on Olymp Trade APK is 60 seconds, and in some cases even half of that. In this case price change in the necessary direction will be enough only for 1 point, in order to make a profit.
- Simplicity of operation mechanisms. Even a beginner would understand the process of opening trades and changing volumes.
- An Acceptable Entry Threshold. You do not have to have a substantial capital to start trading. The transaction is available from $1.
- Convenience. Trade can be conducted from anywhere in the world, where there is an Internet.
- High yield level. Just a minute after the deal opening, the trader can receive up to 80% of profit from just one option. In some cases, brokers can get up to 92% profit.
The platform has made a nice and clear interface, easy to use chart, expiry can be chosen by the minute and there are a number of different basic indicators for technical analysis. For a beginner the platform is very good.
Trading on Olymp Trade from a smartphone is the best way to make money anytime, anywhere. The interface of the Olymp Trade app is very clear and user friendly.
How to download Olymp Trade mobile version for Android?
In order to download the mobile version on your Android phone, go to Google Play and the Olymp Trade APK download will only take a couple of minutes.
The Olymp Trade APK download for your gadget is easy! In addition to Google Play, you can go to the official website of the company and download it from there. It's also free and safe.
Before you install Olymp Trade on your phone, you should check if it meets the system requirements for the terminal:
- The version of operating system must be at least 5.0
- For proper work of the application, you will need about 30 Mb of free space
The mobile version of the trading platform is exactly the same as the web version. Hence, there will be no problems with trading and funds transfer. Moreover, the Olymp Trade APK for Android trading app is considered to be the best app for online trading. Thus, it is highly rated in the shop.
How to register with Olymp Trade APP for Android in Hong Kong?
The registration process for Olymp Trade Android is simple and does not take much time. Moreover, with the right approach to this process, you can get a welcome bonus equal to 100% of the deposit amount. Please check the current bonus offer at the time of registration, as terms and conditions are subject to change.
All you need to do is to register:
- Enter a valid email address
- Create a strong password
- Choose the currency of your account (EUR or USD) You will also need to accept the service agreement and confirm that you are of legal age (over 18)
- Click on the "Sign Up" button
Congratulations! You are now successfully registered.
You can also register with a popular social media account, e.g. Facebook or Google.
Every user gets a demo account. This account has no limitations and can be used in parallel with a real one. 10,000 virtual dollars are available on this account. If you lose them while using this account - you can make a request and return the account.
This account is interesting because it has no disadvantages. It offers exactly the same functionality, as the real account. In other words, you will be able to work with real quotes, enter into transactions, keep statistics, analyse results and much more. Not only will this give you great practice, but it will also give you the opportunity to improve your results. There is nothing stopping you from using the Olymp Trade APK download for Android to try trading for free!
Trading and investing tools
Olymp Trade for Android provides clients with the opportunity to trade options on shares of more than 30 major companies, as well as approximately 35 different currency pairs. The list of tradable instruments includes, among others, stock indices, commodities and, in the recent past, the recent meteoric rise of cryptocurrencies.
How to place a bid in the app?
If you have already tried binary options trading, then placing a bid in the app will not be difficult, but nevertheless we indicate the basic steps:
- Specify your trading instrument. It can be cryptocurrencies, currency pairs, stocks etc.
- Select your preferred chart: Area chart, Haiken-Ashie chart, Japanese candlestick chart or bar chart.
- Select a timeframe for the chart.
- Define the size of the bet. You can bet any amount starting from $1. As far as winning is a percentage of the bet, the more your bet, the more you can earn. For example, if a profit of a chosen asset is 80% and your stake is $10, if you correctly define the direction of price movement, you will earn +$8.
- Set a time frame, after which the contract will be closed.
- Prefer the direction of the option (up or down).
There is a "deposit" button on the main screen, or you can open the additional menu on the side of the screen and find the "top up" button there and make your first deposit. It can't be less than $10 and the following payment systems are available for topping up:
- Bank cards
- Electronic payment systems
The money is credited to the account quickly in a minute. You will immediately see them in the "Balance" section. Then your account will be active to purchase options.
How do I withdraw money?
At any time after you register, you can withdraw your money. The main limitation here is the verification. It is compulsory for all traders. In short - until you confirm your identity and the right to dispose of finances - you can not withdraw the money.
Without verification, it is impossible to return your deposit. Remember that!
On the one hand, it is extremely inconvenient and limiting, but on the other hand, it is the practice of all brokers. With verification, they try to provide more safety of monetary transactions and storage of funds on the deposit. If your account is verified, you can submit a withdrawal request in your personal client cabinet. Money is withdrawn in the same way it was deposited.
Analysis at Olymp Trade
The broker offers analytics to all its clients for free. This section contains:
- Economic calendar
- Trading signals
- Technical analysis
- Market overview
We must also note that the brokerage house Olymp Trade wants to turn a new trader into a professional investor. For this purpose, it has created the "Training" section, where you can find the following subsections:
- Video lessons
- Trading strategies
All the knowledge you acquire can be reinforced in a training account.
We offer technical support in different languages. In order to contact an employee of the company with your question, you need to choose one of the contact methods. Now you have an opportunity to:
- Contact the hotline by phone
- Ask your question via email
- Online chat at the official website
The quickest way to get an answer to your question is via chat or phone. However, for more in-depth enquiries and queries, it is better to send them by email.
Additionally, on the Olymp Trade website one can find a basic list of the most popular questions/answers, which also often saves time.
So, the Olymp Trade APK for android is decently designed - neat charts crawling across the screen with a nice background nobly highlighting the foreground. It's easy to understand what's what; the design adapts to both a young student and an old person who's about to try something new. So don't worry about drowning in a cascade of numbers; there's none. Download the app and try it out: maybe binary options is something you've been missing for a long time.