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The Transactions offered by this Website can be executed only by fully competent adults. Transactions with financial instruments offered on the Olymp Trade推外汇交易服务 Website involve substantial risk and trading may be very risky. If you make Transactions with the financial instruments offered on this Website, you might incur substantial losses or even lose everything in your Account. Before you decide to start Olymp Trade推外汇交易服务 Transactions with the financial instruments offered on the Website, you must review the Service Agreement and Risk Disclosure Information. The Olymp Trade推外汇交易服务 services on the Website are provided and regulated by Saledo Global LLC, registered at: First Floor, First St. Vincent Bank Ltd Building, P.O. Box 1574, James Street, Kingstown, St. Vincent & the Grenadines, which is fully licensed Olymp Trade推外汇交易服务 to perform its activities by the laws of that country. Partner companies: VISEPOINT LIMITED; registration No. C 94716, registered at: 54, Immakulata, Triq il-Mina ta’ Hompesch, ZABBAR ZBR 9016, MALTA and WALLFORT LIMITED, registration number HE 364395, registered at: Agias Zonis & Thessalonikis, NICOLAU PENTADROMOS CENTER, 5th floor, flat/office 305B, 3026 Limassol, Cyprus, provide content and perform operational management of the business.
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MT4 – Account Types Available On Olymp Trade
Olymptrade Olymp Trade推外汇交易服务 mt4 platform
To gain profit on one of the large and reputable Olymp Trade brokerage services, you can use different types Olymp Trade推外汇交易服务 of accounts. Today, in addition to convenient desktop and both smqartphone and tablet applications, users can also use the MT4 platform.
Find out what account types exist at Olymp Trade today, what privileges and advantages each of them Olymp Trade推外汇交易服务 gives, as well as which one should you choose in your circumstances.
Demo Account At Olymp Trade
Demo, that is, Demonstration Account is a type that helps new users of the system see how the platform works and allows to Olymp Trade推外汇交易服务 discover how to use many of its functions and capabilities. Iт case you do not have enough experience and Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 are afraid of incurring losses at the very beginning, then simply by registering you can use a simulator that will Olymp Trade推外汇交易服务 help you understand the intricacies of trading, understand the price movement charts and the peculiarities of opening positions.
You Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 can apply a demo account for learning as long as you like in order to have time to properly find out and understand how to act for successful trading. In this case, you can get 10,000 trainer units again if the demo balance drops below 5,000.
In the process of learning on a demo account, you Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 will gain experience practically no different from what you will have when trading with real funds. You will be able to try out any strategies before you start risking your money.
How Can I Open a Demo Account?
You need only create login and password on the trading service. You can register an account at any time using Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 any of the world languages available on Olymp Trade.
Also, by visiting the website www.metatrader.olymptrade.com you Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 can register a MetaTrader 4 account or simply use your existing account. Log in with your username and password, without the need to create new ones.
Differences Between Account Options at Olymp Trade
The time has its frame when using Olymp Trade推外汇交易服务 the Forex mode, so the trader will have only weekly time limit, while in the fixed time mode in Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 general, both Demo and Real accounts look the same. This allows beginners and not only them to test different strategies using small amounts of their real money.
What Types of Accounts Can I Use at Olymp Trade For MetaTrader 4?
Users can use Standard and ECN accounts in both demo and real modes. You can pay a spread Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 of at least 1.1 points using a Standard account, while opening an order there is no need to pay a fee. The ECN account allows you to trade with a fixed charge with a spread equal to zero.
It is worth using the demo versions of both types of accounts to understand the essence of both methods. We Olymp Trade推外汇交易服务 also recommend trying various trading options with overnight hold replacement using the function without SWAP.
Open MetaTrader 4 Olymp Trade推外汇交易服务 Accounts
When you have registered on the www.metatrader.olymptrade.com website or logged in with your existing username and password, Olymp Trade推外汇交易服务 you can create one of the proposed MetaTrader 4 account options, both a demo version and a real one, Olymp Trade推外汇交易服务 and then select the Standard type or ECN.
Using this data, you can log into both the MetaTrader 4 Olymp Trade推外汇交易服务 web application and the mobile application. You can change the password for your MT 4 account at your convenience by Olymp Trade推外汇交易服务 going to your personal account and selecting the settings.
Open MetaTrader 4 Accounts on Olymptrade
So, starting with the Olymp Trade推外汇交易服务 demo account of the chosen option, you can safely start learning and developing as a trader. Your funds will Olymp Trade推外汇交易服务 initially be protected from beginner mistakes while you improve your trading skills.
4 Chart Types you can use on the Olymp Trade platform
Area charts are linear charts which means that the price movements are represented by the line.
Olymp Trade推外汇交易服务 
Japanese candlesticks
This particular type of chart is the most widely used nowadays. Candlesticks carry information about changes in the Olymp Trade推外汇交易服务 price over a specified time frame. The body and wicks form a candlestick.
The body range tells us about the Olymp Trade推外汇交易服务 opening price (O) and the closing price (C). The wick on the top of the candle shows the highest price (H) and the one on the bottom indicates the lowest price (L).
The candlestick is colored green in Olymp Trade推外汇交易服务 case the price of the asset is going up. When it is going down, the candlestick will be red.Olymp Trade推外汇交易服务
A five-minute candlestick shows how the price is changing during a 5 minute period.
The basic rules of their construction are the same as in the case of Japanese candlesticks. This chart type is formed by a vertical line and two short perpendicular lines to the left and the right. The short lines give us the information about the opening and closing prices while a vertical line about the highest and the lowest ones. Bars contain the Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 same set of price data but visually they are not so suggestive.
Heiken Ashi
Another chart type available on Olymp Trade推外汇交易服务 the Olymp Trade platform is Heiken Ashi. Take a look at the picture below and guess what it is.Olymp Trade推外汇交易服务
If you are not familiar with Heiken Ashi and you will see the chart you will probably mistakenly guess that it is a candlestick chart. It actually looks like a candlestick chart. What can grasp your attention is the fact that there are usually more the same colored candles in the row. In other words, the color of the candles doesn’t change that often like on the candlestick chart. The reason for that is Heiken Ashi candles are made not from pure prices (OHLC) but from calculations made using prices. All formulas used for calculating Heiken Ashi Candle are listed below.
Why are Japanese Candlesticks the most commonly used?
Candlesticks are the most popular chart type used to analyze today’s market situation. Why do professionals like them so much? First of all, they are very easy to use. The other reason is the amount of information they contain. They give a general overview Olymp Trade推外汇交易服务 of the situation and that is the reason they can be meaningful and useful without adding any indicators.
MT4 Olymp Trade推外汇交易服务 – Account Types Available On Olymp Trade
Olymptrade mt4 platform
To gain profit on one of the large and reputable Olymp Trade brokerage services, you can use different types of accounts. Today, in addition to convenient desktop and both smqartphone and tablet applications, users can also use the MT4 platform.
Find out what account types exist at Olymp Trade Olymp Trade推外汇交易服务 today, what privileges and advantages each of them gives, as well as which one should you choose in your circumstances.
Demo Account At Olymp Trade
Demo, that is, Demonstration Account is a type that helps new users of the system see how the platform works and allows to discover how to use many of its functions and capabilities. Iт case you do not have enough experience and are afraid of incurring losses at the very beginning, then simply by registering you can use a simulator that will help you understand the intricacies of trading, understand the price movement charts and the peculiarities of opening positions.
You can apply a demo account for learning as long as you like in order to have time to properly find out and understand how to act for successful trading. In this case, you can get 10,000 trainer units again if the demo balance drops below 5,000.
In the Olymp Trade推外汇交易服务 process of learning on a demo account, you will gain experience practically no different from what you will have Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 when trading with real funds. You will be able to try out any strategies before you start risking your Olymp Trade推外汇交易服务 money.
How Can I Open a Demo Account?
You need only create login and password on the trading service. You Olymp Trade推外汇交易服务 can register an account at any time using any of the world languages available on Olymp Trade.
Also, by visiting the website www.metatrader.olymptrade.com you can register a MetaTrader 4 account or simply use your existing account. Log in with your username and password, without the need to create new ones.
Differences Between Account Options at Olymp Trade推外汇交易服务 Olymp Trade
The time has its frame when using the Forex mode, so the trader will have only weekly time Olymp Trade推外汇交易服务 limit, while in the fixed time mode in general, both Demo and Real accounts look the same. This allows Olymp Trade推外汇交易服务 beginners and not only them to test different strategies using small amounts of their real money.
What Types of Accounts Can I Use at Olymp Trade For MetaTrader 4?
Users can use Standard and ECN accounts in both demo and real modes. You can pay a spread of at least 1.1 points using a Standard account, while opening an order there is no need to pay a fee. The ECN account allows you to trade with a fixed charge with a spread equal to zero.
It is worth using the demo versions of both types of accounts to understand the essence of both methods. We also recommend trying various trading options with overnight hold replacement using the function without SWAP.
Open MetaTrader 4 Accounts
When you have registered on the www.metatrader.olymptrade.com website or Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 logged in with your existing username and password, you can create one of the proposed MetaTrader 4 account options, Olymp Trade推外汇交易服务 Olymp Trade推外汇交易服务 both a demo version and a real one, and then select the Standard type or ECN.
Using this data, you can log into both the MetaTrader 4 web application and the mobile application. You can change the password for your MT 4 account at your convenience by going to your personal account and selecting the settings.
Open MetaTrader 4 Accounts on Olymptrade
So, starting with the demo account of the chosen option, you can safely start learning and developing as a trader. Your funds will initially be protected from beginner mistakes while you improve your trading skills.