Introduction to Olymp Trade interface - How to trade in olymp trade

 

Olymp Trade is one of the most popular trading platform. You can trade all the major currencies, commodities, metal and other stuff. With a high profit percentage you can trade options here. It offers fixed time trading as well as forex trading options. With flexible time ranging from 1 minute to 1 week Olymp Trade gives more power to the traders. If you're looking for earning huge money in less time and a trusted trading broker, Olymp Trade is one of the best options.  

In this article we will discuss about how to trade in Olymp Trade. Getting familiar with its interface is very important as it can improve your trading quality. So if you are a beginner and  just started trading, this article is a must read for you to improve your trading quality and increase the winning chances.   

By the way, if you've not registered for Olymp Trade account yet, click here to register and get 150% bonus in your first deposit. Existing users also can register and get bonus.   

Get introduced with the interface: 

Now after registration if you already know the basic steps for profitable trading, then let's jump straight into the Olymp Trade interface. This is the first thing we do in the platform for the ease of quality trading.

We will list down each of the important sections in the interface with brief descriptions about its use and significance.  

• Currency Picker: here you can select or switch the currency or commodity that you want to trade in. In the below image it is indicated with no.1
• Candle Timer: you can set the time allocated for each candle ( no.2 in the image ). It can be small as 15 seconds as well as 1 day long. Set it up according to your trading requirement.    
• Amount: no.3 in the image where you set the amount of money you want to invest in each trade.
• Trading Time: you need to set the duration of your trading here ( no.4 in the image ).
• Up and Down: once you've set all the above parameters, it's time for the main execution. Press up if you want to buy, and down if you want to sell ( no.5 and 6 in the image respectively).  
• Chart Type: to switch between different types of chart ( area chart, line chart, candle stick chart ) click on that icon ( no.7 in the image ). In the image candlestick chart is used because it's easier to read price action in this chart type. Know the basics of Candlestick chart  before using it. Though default one is area chart. 
• Indicators: click on the icon ( no.8 in the image ) to apply indicators on chart. They help you to understand the market better so that you can take the right decision. There are many indicators provided in Olymp Trade. Every indicator has different use. You have to decide which indicator to use depending on the situation and purpose.
• Split Screen: if you want to have an eye on more than one currency or you want to check the behaviour of same currency in different time interval, you can split the screen by clicking the icon ( no.9 in the image ). 
• Switch Account:  if you want to switch between demo account and live account, you can do it from here ( no.10 in the image ). By the way demo account is for your practice and it consists of virtual money. Live account is the real one with your actual money.

Hopefully this article helps you. If it does, don't forget to comment down your feedback and share with your friends and family in need. Join our Telegram channel for free signals with 95% accuracy.  

Share this post