How to Trade Options in India with Olymptrade Read this!

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

How to Trade Options in India with Olymptrade?

Options trading is one of the recent trends catching up amongst the Indian traders. However, due to increasing fraud in online financial transactions, it is strongly recommended to take the precautionary measures and trade just through accredited and trusted brokers only. If you are looking for reliable broker Olymp Trade is one of the names that many proficient Indian traders vote for.

We are still getting more and more questions and comments regarding this broker and about trading generally (if it’s legal in India or not), so we decided to prepare this article in which (we hope) you will find all the answers. Let’s go!

Although trading options is legal in many countries but the RBI (reserve bank of India) has restricted the Indian residents from forex and other offshore options of trading under the Foreign Exchange and Management Act (FEMA) regulations. Indian financial authorities like SEBI do not regulate options trading, so even though options are illegal in India, you can still trade. How?

The brokers do not require a license from Indian regulatory bodies like SEBI or RBI. So Indians who are looking to find a way to trade options or forex you can use broker Olymp Trade without any threat. Today we will talk about options trading with this broker. OlympTrade is a great choice because provide the most reliable and professional platform and also withdraws and deposits can be made really easy. There are not any restrictions – you don’t need to worry!

Why trade Options?

We are getting a lot of messages about this type of trading from Indian traders. Some say that options are one of the most convenient, transparent, and easy to understand trading instrument that has helped many Indian traders multiply their investment fast.

Also, there is the other group of people who say that options trading is bad, but these are usually that once who underestimate the risks. One of the good things about his trading is that the trader is duly aware of all the risks and returns involved in trade even before entering into it.

Traders who want to start with this financial instrument don’t need to learn or know the various complex technical and quantitative tools for executing the trade. In the beginning, only things you need to understand is technical analysis, fundamental analysis, and basics of money management. On our website, we have prepared a lot of articles about these (and also other) topics that will help you to trade.

Options are indeed one of the most profitable financial instruments for traders where the profit may reach up to 92% if a trader goes through an experienced broker like Olymp Trade. All that trader needs to do is to predict the correct direction of the asset that is up or down.

Above and beyond, recognized brokers like Olymp Trade also take the effort to educate traders about the risk involved and practical techniques for making profitable trade by providing them with trading materials in their trading academies. So don’t forget to check these materials.

Olymp Trade – Good broker for Indian traders

Reliability, professionalism and a good trading platform, that are the hallmarks of any successful broker. Olymp Trade is offering its exclusive services in the market since 2020 and also a member of the Financial Commission of A category. Membership of International Financial Commission is a yet another feather in the cap that displays the dependability and sincerity of this firm when it comes to providing quality services. If you still don’t know if this broker is right for you, read our article: Olymptrade – Legitimate Platform or a Scam?

As we said at the beginning we are getting a lot of questions, and one of them is – how to register to Olymp Trade’s platform. It’s very simple, go to > Olymp Trade registration form More posts by this author

9 Responses to “How to Trade Options in India with Olymptrade?”

Can we deposit and withdraw amount using an Indian debit card in India . Whether it should be an international card or it can be a local card . please confirm

It’s very comfortable, that Olymp Trade offers the services through the internet, and the company itself is registered not in India. Indian traders can easily trade on the platform, despite the prohibitions of the regulators, as they are cooperating with the foreign company. More than that, for the Indian investors this is fully legal chance to invest in cryptocurrency, which is also forbidden in India.

Hello sir, I am a student, 23 and I want to make some money for my extras, and I have a knowledge that it is illegal to convert INR to USD, so if I use my debit card for depositing and withdrawing money will it be legal?

Verification with Olymp Trade is very convenient. The selfie system makes life much easier, especially when you’re a traveller who doesn’t have a constant place of living. When brokers require to verify your living address, let’s say, with a utility bill, this makes it quite a challenge. On the contrary, Olymp Trade makes it pretty simple – all you need is just an ID and a selfie of yours, and the verification is successfully passed. What’s really cool is that such a system is not only convenient for the client but also quite secure.

On account of the fact that the Indian regulator RBI doesn’t regulate options trading in the country, it is surely harder for people to pick a broker there. Whereas in other countries one can assess the reliability of a company by its regulator, in India it just doesn’t make sense – the Reserve Bank is standing idly by this matter. That’s why the Indian residents are offered services by a variety of companies, of which just a few might be truly reliable.
If we cannot draw conclusions based on regulation, the next best option is to judge by the reputation of the company. The reputation of Olymp Trade is flawless, the company is a leader in its sphere, with millions of clients throughout the world. That’s why I picked Olymp Trade among others, and I’m totally happy with my choice.

I made my first deposit through Skrill, and then I withdrew money a couple of times through this very system. E-wallets are quite convenient, they allow to receive money a lot faster than with a credit card. However, there is a problem – at my last withdrawal the charges for money transfer from the e-wallet to the card amounted to 7,5%. So now I’m thinking of probably withdrawing the profit in bitcoins next time. Why not? The cryptocurrency is just growing in price, and the commission for bitcoin transactions is fairly low. Plus, you might get an additional income if you withdraw money in cryptocurrency and it rises in price afterwards. A fair deal, isn’t it?

Thanks for your comment Svank.

Wow, I didn’t know that options in India are forbidden! Anyway, other countries have no trouble trading with Olymp Trade, so probably that’s the case with Indian citizens as well. The regulators’ positions change, that’s all politics. The important thing is the broker’s global profile, and Olymp Trade is way more reputable than all the brokers I’ve ever known.

Dear Steven, even though it’s forbidden, you can still trade. If you don’t tell anybody. ��

Olymp Trade India

Olymp Trade is a multi-asset trading platform that is owned by Inlustris Ltd. Registration No.: 25161 IBC 2020. Registered Address: James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines. It was launched in 2020 and is regulated by FMRRC, which makes it a viable option for most traders. Olymp Trade offers CFDs, Forex, cryptocurrencies and options. It is quite different from other platforms as they offer an extensive range of assets. Also, another reason why Olymptrade is uniquely different from other financial services, is its low entry level & free demo account available for every trader.

Introduction

Trading at Olymp is quite interesting as you get to enjoy trading with a deposit as low as $10. Additionally, the minimum trade you can make is $1. Clearly, with this kind of figures, it seems unlikely that they place their interests in the big time traders. That said, in this review, we will take an in-depth view of Olymp Trade and some of the key factors that make it unique. This review will uncover why this platform is different from competitors, how its simplified system makes it unique, and the different types of accounts and bonuses available. However, before we take a peek at these highlights, let’s take a look at its functionality and how you can open an account and start trading.

Try Now and get $10.000 virtual funds to test the platform!

Is Olymp Trade Regulated?

Olymp Trade has A category membership of the Financial Commission, which proves beyond doubts the high quality of its services. Financial Commission members guarantee deposit insurance, instant resolution of various issues, and excellent support for all traders.

Only honest and reliable online brokers that have repeatedly proved themselves capable of delivering high-quality services are eligible to become members of the Financial Commission. You can view Olymp Trade’s Financial Commission membership certificate any time you please.

Facts and Figures 2020

How Olymp Trade Works

Olymptrade offers one of the most efficient trading methods that has proven to work on the majority of the trading platforms. This method enables the trader to make predictions on the different types of markets or assets available on the platform. If you choose to trade on currencies, you are simply required to click on the rise or fall direction to make your predictions. You will find a trading chart on the left side of your screen and several added features such as technical indicators and analysis.

Additionally, at the bottom of the screen, you will find a trading history that will enable you to have a quick overview of the market position with it first glimpse. Nonetheless, before you successfully conduct any trade, you need to be open an account. Whether it’s a demo account or a real account, you will have to log in and register as a member. So, how do you go about this?

How To Open A Demo Account And Start Trading

Before you decide to open an account at Olymp Trade, you should know that there are two types of account available. You can either choose to open a demo account or a standard account. Let’s take a peek and find out the main difference.

Even the most professional player started as a beginner, right? Of course, a beginner at any new trading platform starts with a demo account. It is necessary to first register with a demo account and proceed to the real money account when you are fully equipped with the necessary trading skills. So, how do you open a demo account? Below is a step-by-step guide to help you through the registration process. Follow these steps to successfully attain a demo account at Olymp Trade.

  1. Step #1 – Visit Olymp Trade’s official website.
  2. Step #2 – Click “open a new account”.
  3. Step #3 – Sign in as a member and confirm with your email address.
  4. Step #4 – Confirm the terms and condition and choose the demo account option to start trading.

You can utilize the given virtual money in your demo account for practice.

  • Standard account

This is simply an advanced demo account. However, to participate in this platform, there are several conditions that should be met. Firstly, you are required to make a minimum deposit of $10. This deposit will grant you access to a whopping $10,000 as virtual money in your demo account.

Trade Types And Payouts

Typically, many companies offer 6 or 7 types of trading options. They include high/low or call/put options, one touch and long-term, and ladders and pairs. However, with Olymp Trade, there is only one type of trade, which is basic or high/low trade. To help you get a good understanding of these options, let’s take a detailed look at its high/low option.

  • High/low options

When you have a minimum of $10 as your deposit and an option to only trade high or low, it acts as the perfect chance for you, especially if you are a beginner. Nonetheless, if you are a pro, there is an even greater benefit as you will get to choose your gold or silver, currency pairs, or your desired assets and start trading with a minimum amount of as low as $1. Although the expiry times are limited for only 24 hours, you get to enjoy their numerous options

Design And Layout

If you are a fan of glamor and design, you will definitely love the design and layout incorporated in Olymp Trade. Its buttons and navigation keys are strategically placed to enhance beauty and simplicity. With their desktop version, the first notable feature is the massive trade chart seems to cover more half of the page. It has clean lines and a timely response to ensure your trading experience is top-notch. On its right side, you will find an up and down navigation keys colored green and red respectively. Below it is a timing and amount section strategically placed alongside the massive trading chart.

To keep track of your trading history, the website has a separate section below the chart. You get real-time information on your open or closed trades. Further, you can initiate a chat with the support team at the very bottom of the page. If you are a VIP member, you can chat with your personal VIP Manager at the bottom right-hand side of the page. Its sleek design and layout will make you love everything about Olymp Trade even before you start trading.

Olymp Trade Unique Features

Clearly, you won’t miss one or two things that make Olymp Trade quite an exceptional trading platform. The most notable thing, from the moment you set your eyes on the platform, is its uniqueness. There is no doubt Olymptrade is definitely different from the majority of the trading platforms. Topping the list is its trading tools. It has quite a number of trading tools and resources that work on enhancing their client’s trading abilities.

Additionally, the education section has numerous materials to guide new traders on how to successfully make a trade. Further, there is a free ebook, webinars, and interactive tutorials where traders can access all the information they need about trading. This information is absolutely and will only take 1 or 2 seconds to download them.

Olymptrade also offers another important trading tool called “Analytics”. Click on the Analytics link in the main menu on top of the website and you will be taken to the following set of tools:

  • Economic Calendar – This is a real-time economic calendar from a third party called Investing.com.
  • Trading Signals – Get trading signals from a variety of assets such as forex, stocks, indices, and commodities. Trading signals are pieces of information obtained through the use of technical analysis tools. Traders can use signals to make accurate predictions and win their trades. However, they must note that using trading signals is not a surefire way of winning although it can considerably improve your chances of making successful trades. Olymp Trade offers complete information on how to use trading signals.

    Olymp Trade Mobile Platform

    You haven’t traded with an awesome mobile platform until you try Olymp Trade. Of course, with the current trading trend, you will need a mobile app that will be fast, reliable, responsive, and up-to-date. Olymptrade understands the importance of technology, in the current digital world, and, therefore, provides a reliable mobile app with an up-to-date functionality that is compatible with both iOS and Android devices. This application is more-of-the-same as its desktop version but has several additional options that improve on its accessibilities and responsiveness.

    Olymptrade Academy

    If you want to learn and trade with the pros, Olymp Trade Academy is the place to be. The platform offers a learning institution where beginners and professional traders can sharpen their skills at a reasonable fee. The Academy is run by professional traders who ensure you are updated with the latest skills required in the trading world.

    Deposit And Withdrawal

    Making a deposit or withdrawal at Olymp Trade is quite easy and precise. If you want to enjoy quick transactions in this platform, it is advisable to use e-wallets. Also, to enjoy these services without difficulties, ensure your trading account if fully verified. Below is a highlight of their payment options and their corresponding minimum and maximum limits.

    Olymp Trade India – Olymp trade Review, Deposit and Withdrawal method

    Olymp Trade India

    Olymp Trade India is a leading online financial trading provider in the industry. It complies with the regulations of International Financial Commission. Olymp trade accepts investors from most of the countries including India. They have their own custom-built modern, advanced and most user-friendly trading platform. The trading platform is equally suitable for professional traders and beginners. While trading with Olymp trade you can trade several financial products based on Forex pairs, Commodities and Indices. The payout for Fixed Time Trades trading is up to 90%. You can buy Fixed Time Trades ranging from 1 minute up to 3 hours while trading with Olymp trade. One of the most talked about the asset of 2020 and 2020, BITCOIN is also available for trading. You can find more Fixed Time Trades Brokers accepting Indian traders here.

    Olymp Trade – Forex trading

    Olymp trade offers Forex trading and CFD trading on several assets including Forex pairs, Crypto Currencies, and Commodities. You can trade Fixed Time Trades trading and Forex in the same trading account with Olymp Trade. Olymp Trade Forex offers you flexible leverage on CFD and Forex trading which allow you to manage risk effectively. The commissions on Forex and CFD are lower than most of the reputed providers in the market, so you earn more with Olymp trade Forex trading.

    Olymp trade – Best trading conditions and free demo account

    Olymp trade offers excellent educational materials on trading and strategy suitable for new and experienced traders. Its training material on different trading strategies and indicators can give you a jump start in Fixed Time Trades Trading. Olymp trade offers Free Webinars to its clients from India. The Indian traders should not miss this opportunity to get expert training and start Fixed Time Trades in India with Olymp Trade. You can start trading in a free demo trading account to learn and practice Fixed Time trading. Hence, while looking for a Fixed Time Trades trading provider in India, you can choose Olymp trade confidently.

    The assets available for trading include Currency pairs, Commodities, Stocks and Indexes. The latest addition to the assets list is the Bitcoin – you can now trade Bitcoin in the same trading account with Olymp trade.

    Open Free Demo Trading Account

    Olymp trade is a legitimate firm authorized to provide financial trading services. It is legal to trade with Olymp trade in India. Olymp Trade has its registered address at James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines. It complies with International Financial Commission which guarantees up to €20,000 indemnification amount to the traders. Membership as a “Category A Broker” in FinaCom is the honor granted only to reliable and honest companies that have consistently demonstrated the high quality of their services.

    Olymp Trade Review

    While carrying out Olymp Trade, India review, we found it trustworthy, genuine online Fixed Time Trades trading provider. We will now discuss several factors below to review Olymp trade.

    Deposit Methods

    How to deposit to Olymp Trade account in India?

    Many traders face problems while making a deposit to Olymp trade account from India using Credit or Debit card. Hence, Olymp trade recommends using e-Wallet services like Neteller, Skrill or Webmoney for making a deposit from India. It is relatively easier to fund e-wallet using Credit or Debit card, and you can use the e-wallets to fund Olymp trade account.

    Olymp Trade Deposit – While trading from India, people need specific deposit and withdrawal methods, like SKRILL and NETELLER. It provides various deposit methods to Indian traders including Skrill and Neteller. The traders can open an account with Skrill or Netteller and fund it using their credit or debit card. Then, this balance from Skrill and Neteller account can be used to deposit with Olymp Trade. The deposit to the account is almost instantaneous and you can start trading in a few seconds after making the deposit. The minimum deposit starts from just $10. This gives a chance to newbie traders to try it with a small investment. If you still have any issues with Olymp trade deposit methods, you can contact the support team. They will be happy to help you in this regard.

    Best Binary Options Brokers 2020:
    • BINARIUM
      BINARIUM

      Best Binary Broker 2020!
      Perfect for Beginners!
      Free Trading Education! Free Demo Acc!
      Get Your Sign-up Bonus Now:

    • BINOMO
      BINOMO

      Trustful broker.

    Olymp Trade Withdrawal Methods

    How to withdraw money from Olymp Trade?

    Fund withdrawal from Olymp trade is possible after verifying your account, it is an international regulatory requirement to avoid illegal financial transactions. The traders can withdraw funds to their bank accounts, e-wallets, or credit or debit cards.

    Olymp trade Withdrawal – The fund can be withdrawn from Olymp trade account as and when required by the traders. It takes up to 24 hours to process the withdrawal requests. Usually, the withdrawals are processed before 24 hours. To be eligible for a fund withdrawal from Olymp trade India account, you must get your account verified by providing your address and identity proof. This is as per the international laws to prevent any fraudulent activity and money laundering.

    Olymp Trade Review – Pros and Cons

    • Advanced platform with an easy user interface.
    • Safe and secure deposit method. 24-hour withdrawal processing.
    • Regulated by International Financial Commission.
    • Free Demo trading account for Indian traders.
    • Free training on Strategy and Indicators and Webinars.
    • A minimum deposit of just 10$.
    • MT4 platform introduced for Forex trading.
    • Excellent support in multiple languages – English, Russian, Thai, Spanish, Turkish, Indonesian, Portuguese and Vietnamese.
    Best Binary Options Brokers 2020:
    • BINARIUM
      BINARIUM

      Best Binary Broker 2020!
      Perfect for Beginners!
      Free Trading Education! Free Demo Acc!
      Get Your Sign-up Bonus Now:

    • BINOMO
      BINOMO

      Trustful broker.

  • Binary Options Trading School
    Leave a Reply

    ;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: