Beware of Olymptrade

[Docnaster]

Olymptrade fxoptions 1xbet etc etc are all binary option exchanges and these are prone to hacks, scams and everything like that.
Sometimes even the webmasters are guilty as they intentionally give these excuses to swindle user's money.
Last month I saw someone on the gambling section saying they lost a lot of money in one such binary option exchange. Even though they did nothing wrong.
So my advice would be to stay away from these sites.

[honestdi]

What is Olymp Trade?
If you are an Internet user you must have seen Olymp Trade app advertisement at least once.

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Now, Talking about Olymp Trade it is a multi-asset trading Platform owned by Inlustris ltd.

It is a Binary trading option, which is the simplest and cheapest mode of earning money online.

In case you don’t know what actually is Binary Option

It is the Financial exotic option in which the later payoff is either fixed or nothing at all.

There two types of binary options

1.cash or nothing

2. asset or nothing

Now, The former pay the fixed amount of money if the option expires in the money while the latter pays the value of underlying security.

They are also called all or nothing options, digital options, fixed return options on American Stock Exchange.

Pros
Simplest and cheapest way of trading
The demo account is provided to become the pro player
The deposit and withdrawal process with Olymp trade is damn easy
They offer numerous tools, guides, webinars to teach newbie regarding the trading.
Cons
It is to be noted that trading in any field binary, crypto anywhere is a bit riskier. But once you pro you can control the risk.

[Holyeye]

My friend you better know that the spirit of trading your real money is never the same with demo. Every loss affect you emotionally..and that leads to more mistakes..learn to trade only support and resistance..then you are good to go .am trading as I write now ..olymp trade is the best. Trade use good capital ..reduce your trade to 1% ..use loss compensation plan...with good capital you will know that we pray for loss and expect winning after 3-4 straight losses. 5000USD minimum capital..you are rich for life. WhatsApp me 2347061213433

[Bitbtc8]

how you can be sure about that olymptrade manipulate the chart?
maybe your method to trading just not good like other people who are trading expert on olymptrade

i watch a few of youtube video regarding olymptrade and it seems that website is legit

Olymptrade is no fair with their trade charts, thy give demo accounts to fool users that they can actually win and when you deposit real money you start losing money