I kept getting the question “is Olymp trade legal in Nigeria” The answer is YES! In fact, Olymp trade is legal in the whole of Africa, Asia and Latin America. However, Olymp Trade is legal and cannot be used in Europe, Oceania and North America.
A lot of Nigerians are currently using the platform with testimonies and lots of reviews.
If you’re not in Nigeria, the trading platform works equally and you can tap into this money-making opportunity. It’s wise to be careful with trading as it has risk of its own and of course, they are also benefits.
Let’s get to what exact Olymp trade is.
What is Olymp Trade
Olymp trade is a binary trading platform where users predict either a fall or a rise. Trading products on this platform include commodities, stocks, indices, currency pairs and crypto.
Can Olymp Trade be trusted
Olymp Trade is 100% legit. The international Financial Commission of which Olymp Trade is a member monitors their practices to make sure that users are protected. The act established by the International Financial Commission makes it possible for Olymp trade to pay a fine if practices wasn’t followed accordingly. So, you have nothing to worry about.
How Does Olymp Trade work
If you’re a starter you can start with a demo accout which gives you $10,000 to practise until you’ll comfortable to step into the real field.
Just register with your email address, choose a secure password, choose your referred currency and you’re good to go.
These are few things to note on Olymp Trade:
- Minimum deposit amount is $10.
- Mininum trade amount is $1.
- Trade period can be set from 1 minutes to 20 minutes.
- Olymp Trade does not charge for withdrawal or earnings. This is really commendable as a lot of trading platforms out there charge different fees.
Upon reaching a $2,000 deposit mark, you turn a VIP. As VIP member you receive advice from advisors to further increase your chance of good returns.
How can you make money from Olymp Trade in Nigeria
As a Nigerian, you can make money from this trading platform by learning the right tips. Follow a youtube channel to learn forex trading or get a professional tutor.
Disclaimer: Information on this page are meant to guide you. We’re not responsible with anything you do with the advice. Trade carefully.