Olymp Trade provides its clients with the opportunity to obtain various statuses, including the Expert (VIP-status), which makes the process of trading binary options not only more profitable, but also more comfortable.
Trader’s Way
Trader development system – Trader’s Way provides rewards for reaching certain levels when receiving experience points. It consists of three main statuses and different sublevels between them. A trader who has gained the required number of XP (experience points) receives one of the set rewards, such as a risk-free transaction, a bonus for account replenish and some others that expand traders’ opportunities.
| Status | Experience points for obtaining the status | Experience points for the status renewal |
| Starter | automatic receipt on the first deposit to a real account | none |
| Advanced | 25 300 | 42 000 |
| Expert | 120 000 | 210 000 |
What Starter Olymp Trade Status Gives
– Yield up to 82%
– Basic platform functionality
– Ability to study for free
What the Olymp Trade Advanced Status Gives
Yield up to 84%
Monthly analyst advice
7 strategies built into the platform
Weekly private webinar
Withdrawal of funds up to 3 days
Up to 10% discount on the fee for opening a Forex position
Olymp Trade Expert Status
One fine day for thousands of traders, Olymp Trade management launched a special promotion that greatly facilitates the process of obtaining the Expert status.
How to Obtain the Expert Status at Olymp Trade
It is quite easy to obtain a VIP status from the trading platform. To do this, you need to go through the registration process, after which you will get access to the trading platform, and then you need to click on the “Get VIP status” button.
After moving to the next page, you will need to choose a suitable method of deposit and put an amount from one thousand dollars or the equivalent in another available currency to the account. There is also an opportunity to get this beneficial and prestigious status by winning one of the tournaments regularly held by the company.
Advantages of The Expert VIP Status
1. Traders who can boast of having a VIP status receive higher returns on trades. This is due to the fact that their profit from each successful position is 10% higher than that of other traders.
2. An additional 10% income from successful trading operations significantly increases the monthly profit of traders.
3. In order to fix the net profit, it is enough to close fewer successful deals. So, for example, a trader with a regular status, in order to be in the black, needs to open 58 successful orders out of 100, and with the Expert status, 53 profitable trades are enough.
4. The increased level of income has a positive effect on the effectiveness of the application of various trading strategies, for example, if the results of its application fluctuated near zero, then now the work on the chosen strategy will most likely be profitable.
5. For each account replenishment, traders with VIP status receive a special bonus in the form of risk-free transactions, which make the trading process safer. If the position that you marked as risk-free turns out to be unsuccessful, then Olymp Trade will reimburse you for the losses incurred. A bonus in the form of risk-free trades allows you to receive serious income while trading on economic news.
6. Another important advantage of the Expert status is the increase in the limits for open transactions. After a trader receives privileged status, the maximum possible transaction volume increases from two thousand dollars to five thousand dollars. Thus, in the presence of a large deposit, the trader has the opportunity to use more significant amounts in news trading.
7. All applications for the withdrawal of profits that come from speculators with a privileged status are processed as quickly as possible. The processing time for the application in this case does not exceed 24 hours. For prompt withdrawal, you just need contact a personal manager, which each trader has with a privileged status.
8.Free Analytical Data. The Expert status in Olymp Trade gives traders access to free analytics. At any time you can use the help of a personal analyst who will answer almost any question regarding the trading process. In addition, the manager will provide qualified assistance in choosing the optimal method of concluding transactions for you, which will allow you to avoid committing mistakes. Communication with an experienced specialist in the binary options market will allow you to gain the necessary knowledge where it will be suitable for you.
9. Especially for clients with the status of Expert, the VIP-department of Olymp Trade holds closed webinars several times a week. Experienced specialists discuss the current market situation with the webinar participants, and also give recommendations for opening positions. Also, during the webinar, you can trade together with an analyst and get income.
If you plan to engage in binary options trading seriously and expect to receive a stable income from trading, then the Expert VIP status will be very useful to you and will help you quickly return the funds invested in it.