Therefore, the financial side of the new mechanic is also designed in favor of traders. The newly announced service eliminated minimum trade amounts, and instead, replaced it with SPT unit price equals the underlying stock’s price. The stock price range is very wide and allows any trader to find an SPT that matches their price targets. On evaluating suggestions and guide to successful trading on Olymp Trade India feedback from the client, Olymp Trade witnessed a demand for simple, straightforward, and new trading mechanics. Traders desired to experience a wide range of financial instruments offered under genuinely user-oriented terms. Respecting the recommendations of the users, the trading app introduced the Stock Price Trade service.

The names that have been added to the RBI’s Alert List

According to various sources, Olymp Trade is not technically illegal in India but it is in no way monitored or controlled by SEBI or RBI. This means if a trader faces any issues with regards to the app’s transactions or collections then Indian authorities will not be able to help. As Olymp Trade is not regularized by Indian authorities, various Indian banks are not dealing with the platform directly, only some international Devit/Credit are accepted on this platform. Practising on different types of trading and money management strategies will help you become comfortable with them before risking your money. Trading the difference in currency rates, metals or crypto assets value us like traditional commerce.

Ltd), FXall and Matching (operated by Refinitiv India Transaction Services Pvt. Ltd.) and BTBS (operated by Bloomberg Tradebook Singapore Pte Ltd.). Nvidia CEO Jensen Huang’s visit to Taiwan for the Computex trade show has sparked immense excitement. Affectionately termed ‘Jensanity’ by local media, Huang’s arrival drew fervent crowds seeking autographs and glimpses of the AI icon. He attended a high-profile dinner with Taiwanese tech leaders and was a guest of honor at the World Masters Games opening ceremony.

Olymp Trade Trading Hours

Amid the trading, if you encounter any issues, the chat function also pops up on the screen. This online broker allows you to put your strategy into execution that often surprises you when you draw profitable outcomes. If you’ve never stepped into a fully digital trading platform, it’s the best way to move on. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc. Olymp Trade has announced an introduction of a service levels system.

TOP TRENDING STOCKS

• Investment is seen as one of the best hobbies, as it allows you to take advantage of the most traded financial market in the world, using the simplest trading instrument.
• It should be noted that there is a full economic calendar on the Olymp Trade platform, so no important news can be missed.
• You can use the demo account right after the simple registration process.
• Also, the RBI has clarified that an entity not appearing in the ‘alert list’ can’t be assumed to be authorised by the RBI.
• The RBI says people can undertake forex transactions only with “authorised persons and for permitted purposes”, in accordance with the FEMA rules.
• With the help of these consultants, you can enjoy profitable results.
• In some instances, says the RBI, such ETPs-engaging agents personally contact gullible people to undertake forex trading or investment schemes and entice them with promises of “exorbitant returns”.

For traders, trading on this platform becomes much easier as this entire platform is easy to navigate. Every option is well-organized that delivers easiness in the trading activities. Overall, Stock Price Trades is a truly user-oriented trade mechanic. It may be a primary trade mechanic for those who want to invest long-term in a relaxed manner.

Demonetisation – A Defining Moment For India

It should be noted in the forex market, you can open a short position (when you expect the asset to go down in value) and profit from the decline of the quotes. The price chart can be presented as Japanese candlesticks, bars, HeikinAshi candles or a line chart. No matter whether you’re trading through mobile or desktop, if you’re using Olymp Trade, you can invest at any time, anywhere.

Rupee freefall continues after RBI liberalises forex inflow norms

Various methods of investing can be used on Olymp Trading which keeps new traders from making uninformed decisions. Traders can later enable their real accounts and start trading practices with their own money. In some instances, says the RBI, such ETPs-engaging agents personally contact gullible people to undertake forex trading or investment schemes and entice them with promises of “exorbitant returns”. Many people have lost money by trading with the unauthorised platforms, the RBI adds. Some of these platforms also claim to be regulated by overseas regulators and recipients of global awards, it had added. All these plus points draw trader’s attention towards the online trading broker.

Apeejay School of Management Excels in the Times B-School Rankings 2025

Similarly, if you’re also a new trader without any prior trading experience, don’t skip using the demo account. Suppose you want to take a full overview of this online trading platform before using its premium account. However, you might have found this same thing in other online trading platforms too.

Trump faces $2 trillion hurdle to win money from Saudi Prince

The video tutorials, webinars, and interactive courses are some of the best things you get with this online broker. However, it often becomes hard for a few traders to trust IFC regulatory bodies because it isn’t that famous. The regulation and licensing describe the reliability of any online marketplace related to monetary exchange. If you’re opting for a bank transfer, you may have to wait for a few hours or an entire day. You’ll have to pay off a significant fee if you want to trade overnight. Apart from this, the platform also charges a subscription fee and inactivity fee.

Olymp Trade

• The platform guides and encourages new users through recommendations.
• Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
• Therefore, being a small investor, this place can prove to be a reliable option.
• To stay connected to the market, download an app for your iOS or Android smartphone.
• Olymp Trade mobile apps have the same atmosphere of active trading and can become an essential part of a trader’s career.
• Once registered, each trader will get a free demo account to practice risk-free trades.

For instance- you can get attractive spreads, high leverage value, and much more. With the help of these consultants, you can enjoy profitable results. The additional benefits included in a VIP account are truly unbelievable. Though, the country where you reside is the chief deciding factor in whether you can trade in a particular asset or not. Don’t worry then; the Olymp Trade Mobile app here comes up as the best option for you.

There’s an all-new N-word now. And India’s soft power has become its hard liability

In the first iteration, the company traders will receive Starter, Advanced, or Expert statuses. Using your mobile phone camera, scan the code below and download the Kindle app. Get to know where the market bulls are investing to identify the right stocks. The high quality of quotes and trade execution is certified by an independent system Verify My Trade. An audit of 5000 customers’ trades found that the quality of service meets the standards.

Popular Stocks

The minimal deposit amount is $10 (or €10, if that’s the account currency), and one needs as little as $1 to open a trade. That’s why you can also trust this online trading platform easily. For new traders, a demo account has always been the first helping hand.

EUR/USD news

At the same time, it may very well complement other mechanics offered by Olymp Trade and serve as a diversification element. Stock Price Trades offers traders a choice of more than 60 stocks to trade which includes internationally famous corporate giants as well as public companies that represent very specific market sectors. The company has been a Category A member of the Financial Commission since February 2016, which guarantees traders reliable service and the protection of their rights. According to a 4 February Mint report, RBI had noticed that these platforms offered a derivative product called contracts for differences (CFD) during the lockdown period.

• In February this year, RBI had warned people against trading forex on unauthorized platforms following growing reports of people falling prey to such entities.
• The risks of using this instrument are strictly limited, which prevents traders from getting a negative result like losing a larger amount than that of the investment.
• Besides this, the Olymp Trade website provides users with a free demo account and allows them to practice their strategies which can be implemented whilst doing real-time trading.
• Every feature of this mind-blowing trading platform is clear and concise.
• Olymp Trade is an A-recognized member of the International Financial Commission which enables the platform to cover unfair trade practices up to $20,000.
• Suppose you want to take a full overview of this online trading platform before using its premium account.
• But the rest of the features that this Trading Platform offers you are truly attractive.

• Today, the brand continues to evolve, and the awards that this online trading broker has achieved witness it.
• Olymp Trade is one of the cheapest alternatives for new traders to start trading.
• Ensure that the platform can close your account if you haven’t maintained a sufficient balance in your account.
• Apart from this, the platform also charges a subscription fee and inactivity fee.
• Stock Price Trades offers traders a choice of more than 60 stocks to trade which includes internationally famous corporate giants as well as public companies that represent very specific market sectors.
• An audit of 5000 customers’ trades found that the quality of service meets the standards.
• The brand has built a large repo in the online marketplace, which has become famous among young traders.

But the rest of the features that this Trading Platform offers you are truly attractive. The platform runs under IFC regulation, which isn’t a reputable regulator, and that may cause a little hitch in your decision to choose Olymp Trade for trading. Though, the spreads you get in a standard account are only 1.1 pips.

Rupee depreciation among lowest in the world: RBI governor

Deposits can be made quickly and easily through one of For a VIP account, you must deposit the required amount (approximately $2000). VIP account traders are given higher payout rates, forex trade multipliers, as well as the ability to make risk-free trades. Besides this, the Olymp Trade website provides users with a free demo account and allows them to practice their strategies which can be implemented whilst doing real-time trading.

Forbes releases ‘The World’s Best Banks 2019’, ten Indian banks in…

There are trading strategies, workshops and webinars from the company’s analysts for traders of all levels in the “Education” section of the platform. It should be noted that there is a full economic calendar on the Olymp Trade platform, so no important news can be missed. The trader can also place an order and get a position opened only after the specific conditions have been met, like the time and the asset price. Perhaps it’s a helpful thing for beginners, but it isn’t for expert traders who have significant capital to invest in.

Olymp Trade Review – Online Platforms, Commission, Leverage, Account Types, Features & more

CFD is an arrangement made in financial derivatives trading where the differences in the settlement between the open and closing trade prices are cash-settled. “Resident persons undertaking forex transactions for purposes other than those permitted under the FEMA or on ETPs not authorised by the RBI shall render themselves liable for legal action under the FEMA,” it added. Apart from educational tools, Olymp Trade comes with a plethora of features. The platform guides and encourages new users through recommendations. Surprisingly, Olymp Trade offers attractive deals and bonuses for its clients from time to time. In terms of deals and promotions, users can get a 50% bonus on their initial deposit.

Read industry-specific stories to identify emerging trends

With a plethora of trading options and services, the platform is on the rise in the market. Once registered, each trader will get a free demo account to practice risk-free trades. This account trades exactly like the live accounts on the platform with live quotes for all currency pairs, indices, and commodities using Olymp Trade Demo Dollars.