Olymp Trade Education: How it Helps Beginners to Become Professional Traders
If you thought Olymp Trade is only for pro traders who know the in and out of the platform and trading world, you are wrong.
Oh, and you don’t need expensive courses either or experience in businesses. And proving you wrong is Olymp Trade itself.
Olymp Trade has been a pioneer in educating and helping clients become richer ever since it was launched.
How?
Well, here’s a lowdown on the various resources accessible to traders on the Olymp Trade platform that can be game-changers.
Let’s dig into them.
Olymp Trade Education: How It Helps Newbies Become Professional Traders
A Comprehensive YouTube Channel
Whether you are a newbie or have already made thousands of dollars, there’s always something new to learn on the Olymp Trade YouTube Channel.
What stands out most is the Olymp Trade Academy. From fixed time trading strategies, live market trading situations, forex strategies to general tips, there’s nothing you won’t find here to kickstart or take your trading to the next level.
Plus, they have country-wise YouTube channels. For example, you can also subscribe to Olymp Trade Indonesia, Olymp Trade Vietnam, Olymp Trade Malaysia, Brazil, etc., allowing you to learn in any language you prefer.
Apart from that, you can also check out the community page on the channel, where they regularly post updates related to the platform.
Even if you aren’t using Olymp Trade yet, subscribing to the channel opens the door to a bucket load of knowledge.
Daily/Weekly Analysis
To make profits, you need to be well-informed about the market trends, and with its blog section, Olymp Trade allows you just that.
In the blog section, you’ll find the Analysis option in the top menu. A dropdown menu allows you to choose between daily or weekly, or expert analysis.
For serious traders, the daily analysis is pure gold. Not only does it tell you about the various factor affecting certain assets in the immediate future but also suggests what assets to trade.
The weekly review pretty much does the same but at a broader level.
Next up, is the Expert Review. This is another very helpful section as it is carefully curated by Olymp Trade experts, where they discuss assets in more detail and answer questions like whether you should invest or not.
Furthermore, the blog also includes all the latest releases and news about the platform, so you never miss out on a great tool of a feature.
Webinars
If you aren’t much of a reader and would prefer a more interactive learning experience with experts, then webinars are perfect for you.
These webinars aren’t just limited to discussing the latest trends and price factors in detail, but you’ll learn plenty about the platform as well.
From how to read charts like the flash, learning how using Japanese candlesticks can be a game-changer, technical forecasting to making the most of Ichimoku Clouds, these are complex bits only live demonstrations can help you learn quickly.
And if you have any doubts, they get resolved almost instantly, thanks to the live chat.
In case you cannot attend a live webinar, you’ll find recordings on the YouTube channel, so don’t forget to check that out. Plus, these webinars happen in different languages, so even if English isn’t your first language, you can still make the most of it.
Trader’s Way Incentive Program
This is an innovative and fun learning experience. The Trader’s Way Incentive Program incentivizes new traders for every new skill they learn and also for applying those skills and systems to real-life trading.
This, in tandem with the Trader’s Way, makes it easier for new traders to earn experience points. And as you earn experience points, your account status improves, and you go from starter to advanced.
Along this way, you unlock not just handy rewards like a risk-free trade and various bonuses that can be used for trading, but your profits for every trade also rise, going from 82% to a whopping 92%.
The Trader’s Way renews every 30 days or when your status upgrades. Learn more about the Trader’s Way and account statuses, in our detailed guide.
Get Personal Assistance
Once you make your way to the Advanced or Expert Status, you earn a call with an analyst. And for every month, you can maintain these statuses by either making your way up the Trader’s Way or making the stated deposits, and you will continue to get 1 call.
Nothing like having the full attention of an expert, right? Well, that’s what these calls are for. Whether you want to know where to invest, need a forecast, have questions about the platforms, these experts will answer everything in detail (even the silly questions).
Not just that, they are happy to answer questions related to capital and portfolio management via tried and tested methods that suit both your needs and resources.
Trading Tutorials
- The detailed help section serves its purpose just right. Whether you want to know about the Olymp Trade platform, account settings, etc., there’s everything here and should be one of the first places you go when you have doubts.
If you scroll down on the page, you’ll also come across Trading Tutorials.
This is similar to the Olymp Trade Academy on YouTube. To give you a brief idea of what you’ll find on this page, below are some of the headings: - How to start trading in 30 seconds
- Fixed Time Trading and Forex Strategies
- Tutorials for beginners
- Charts
- Trading Advice
And so on. So if you need help and couldn’t find it on YouTube and do not have any upcoming webinar, don’t forget to check the Help page out.
Never miss important information
In the hustle-bustle of everyday life and the trading world, there’s a good chance you might forget about great opportunities like Earnings week.
No problem, Olymp Trade has always wanted the best for its users and thus sends you timely reminders of such events on the Insights section [2] of the platform.
Apart from that, you’ll also find details on the latest Central bank announcements and data reports that are to be released soon. Combined, these give traders another route to stay up to date with the latest happenings, how it impacts and markets, and make trades accordingly.
Furthermore, you can pick and choose the type of information you want the Insights to give you. For example, you can pick Cryptocurrencies for everything related to that or even metals and stocks, thus cutting out distractions and helping you focus on things that matter most to you.
Olymp Trade Education: My Final Thoughts
Knowledge is power, and as you can see, Olymp Trade has opened multiple channels for users to learn both trading and the platform in detail.
Whether you are a reader, prefer videos, or want a personal touch, there’s every option available, making it possible for people with all tastes and experience levels to learn.
But wait, that’s not all.
Olymp Trade goes a step further to make trading comfortable and easy for newbies with its Demo Account. Everything you learn, you can apply without losing any money.
Yes, you heard that right. With the demo account, you get $10,000 to test strategies and the platform, and you can renew it anytime you want. Not just that, when you are ready to make a real deposit, there are bonuses you can grab as well.
So what are you waiting for? Sign up today and take the first step to become a professional trader.
If you have any questions about Olymp Trade, you can always drop them in the comments below.