As a progressive trading platform, Olymp Trade does not stop its development for an instant, and in June 2020, new updates were released that expand the possibilities of traders and improve their user experience. Learn more about the most important and interesting ones.
Efficiency Scale
Now you can quickly and very visually spot how much profit you can earn on using a certain strategy for certain assets. This tool will show you what you can count on if the outcome is successful, whether it be Forex or FTT.
For example, if you are going to enter a bull trade using a multiplier of x50, assuming that a certain trading pair reaches 0.9, you can expect a 7% profit. However, by applying the x500 multiplier to the same trade, you can get 50% of the profit! Now, in order not to miss such opportunities with the help of the profitability scale, you can immediately see how much profit you can count on in a particular trade.
Company Shares
To trade stocks on Forex in the Olymp Trade platform, you can use the x20 stock multiplier, which will now allow you to get more profit from trading stocks of three dozen of the world’s largest companies from various sectors of the economy.
To learn more about the options available for trading stocks, visit the Asset Review section, which provides all the data on assets and companies, as well as analytical information. On the Specifications page, all terms of transactions are indicated.
In the table below you can see the list of stocks available for trading, which includes almost all of the world’s most important industries.
| Company | Industry | Company | Industry | |
| Advanced Micro Devices, Inc. | Semiconductors | eBay, Inc. | E-commerce | |
| Exxon Mobil Corp. | Oil and gas business | Procter & Gamble | Consumer goods | |
| The Walt Disney Company | Entertainment | Slack | Software | |
| JPMorgan Chase & Co. | Banks | Nike | Sporting goods | |
| Twitter, Inc. | Social network | Netflix, Inc. | Streaming service | |
| Chevron Corp. | Oil and gas production | Mastercard, Inc. | Payment system | |
| Amazon.com, Inc. | E-commerce | Caterpillar, Inc. | Manufacturer of construction and mining equipment | |
| Morgan Stanley | Capital markets | Cisco Systems | Communication equipment | |
| Nvidia Corp. | Semiconductors | Novartis | Pharmaceuticals | |
| Alibaba Group | E-commerce | Goldman Sachs Group | Capital markets | |
| Oracle Corp. | Software | Baidu | Search provider | |
| Johnson & Johnson | Consumer goods | 3M Company | Industrial equipment |
Trade Crypto-Assets With No limits
After the update, when trading cryptocurrencies on Forex, traders can hold positions overnight, subject to paying a small overnight transfer fee when using a multiplier. You can also find out all the details of the conditions in the specification.
Another addition was the update of the trading conditions for the Ethereum Classic cryptocurrency, now you can use it in transactions on a real account. You can trade it using a x5 multiplier.
Trading Menu With New Design
To make interaction with the platform even more convenient, pleasant and efficient, the company has improved the interface of the trading menu. The changes primarily affected the menu of trading conditions, placing orders and risk-free transactions.
Statuses Page
It is now possible to increase your trader status in the Trader’s Path without additional deposits. Only active trading on the platform allows you to earn XP, that is, experience points, which affect the trader’s progress to the next higher level.
To understand everything in detail regarding the statuses of traders, visit our FAQ section. Here you can learn from text and video responses about all the differences and advantages of the three statuses that users can achieve on Trader’s Way.We recommend that you study how this system works in order to use the maximum opportunities available to users of the trading platform.
Updated Education
Only constant training makes the best traders the best. Without special knowledge, you can hardly make money on the hope of luck in trading only. As we found out in one of the articles earlier, trade is a real business that requires a systematic approach and knowledge for success.
Visit the updated Education section on our platform, where every trader, regardless of his status and level of competence, will find useful knowledge in trading. All the factors that influence on trades and information about both Forex and fixed trade modes – you can study any of the sections.
Mobile App Updates
If you are a user of mobile devices from Apple, then here are the main updates for iOS waiting for you:
– Authorization and registration via Apple ID
– New trading menu
– ETF filter
– Fan and levels of Fibonacci
For users of Android operating systems, the main updates are:
– New trading menu
– Deployment to full screen
– Shares of 30 companies
-Fan and levels of Fibonacci
– Open trades slider.
Not all the updates that took place here on the platform are listed here, but only the most important of them that can positively affect the usability and trading efficiency. Successful deals!!