The Olymp Trade system: let's talk about related fees and commissions

If you want something, no matter what it is, you have to issue fonts. It's a natural law. The money business runs the world today in all its forms. That's why, when you want to take advantage of Olymp Trade's services, commissions and fees are charged to you in order to maintain your collaboration with this famous system. Find out more about these two points in the following article.

Olymp Trade: what is it?

Officially launched in 2014, Olymp Trade is an investment and trading platform open to the general public. Classed as an international broker, it offers over 100 financial instruments for trading. It is one of the most widely adopted brokers among traders, as it boasts over 88 million accounts created, 211 million monthly sales and is present in over 130 countries. Thanks to its easy-to-use, user-friendly interface, it is experiencing a meteoric rise in the world of trading.

Olymp Trade's commission in general 

Olymp Trade's main commission is to subject you to the payment of the fees required by your account. All fees are assessed according to the type of service and asset. The commission varies from 13.5% to 20%, depending on the account you trade. If you're an investor with lots of training tools and a requirement, the VIP account will suit you better. For this, 20% will be your commission in terms of your usage invoices. On the other hand, if you're an amateur trader, the standard or generalist account will suit you least. The commission applied is 13.5% in terms of your user fees. Browse Olymp Trade for more information.

The Olymp Trade diffusion system, a competitive lever 

Olymp Trade's spread is reflected in the difference between buying and selling prices. As you know, spreads vary from one account to another. For example, the standard account spread is 1.1 pips for USD or even EUR. Imagine converting these amounts into another form of currency and seeing what you can get. On the market, this spread is the lowest, but has an extreme magnitude when it comes to competition. It's the lever of competition in the sales market.

The natural investment margin and related exchange costs 

In any type of system, there is a general margin that you must not exceed. This is the total cost of your commercial investment. 

For exchange fees, this will depend on the account you're trading, the type of trade, specific requirements, your market situation and the amount of the multiplier.

Please note that the Olymp Trade system has no deposit fees.

Withdrawal fees, an essential node and the swap register

Whatever your country of origin, withdrawal fees are charged according to the exchange rate. In Thailand, this is precisely 300 baths. Withdrawal fees are collected during a trading session or even a weekend, and amount to 15% of the trading investment.

If your account is inactive or unusable, a maintenance fee will be charged. These amount to 300 baths per month. That's it for the Olymp Trade system. It's up to you to find out how to prepare for the platform's demands.