It is no secret that official brokers licensed to work on various financial exchanges, attracting traders to their sites, get very significant profits from this:
- Each successful trade brings them over 10% commission of the total transaction amount.
- Unsuccessful investments lead to the loss of the trader's own funds and are not unprofitable for the broker.
At the same time, it should be noted the opportunities that open up to the user, they are practically unlimited in the amount and number of active positions for the purchase and sale of the selected asset or currency pair.
So, the more a trader earns, the higher the broker's income, which means he is interested in creating optimal conditions for his client's work. This position is adhered to by the organizers Olymp Trade reviews about which, left by real users, you can study directly at pages of the independent information portal forex brokers rating forex.up.
What traders look for in their reviews
Initially, it should be noted that the Olymp Trade management made an official statement in 2020, which said that there were more than 250 thousand active users in the composition of officially registered traders, and the annual turnover exceeded $ 180 million.
In order to take into account the opinions and receive proposals of such a thousands-strong army of users who daily launch huge amounts of money into circulation, a section was created to publish reviews on the pages of the independent forex.up portal. Most are positive, with traders mentioning:
- Availability and convenience of practical use of a proprietary trading platform from Olymp Trade developers.
- Loyal percentage of payments from each successful transaction. Broker commission does not exceed 10% of the total amount.
- The ability to conclude deals and conduct financial transactions with a rate of $ 1 or more.
By a similar option, you can study reviews of other brokers. For example, Forex.com (information is available on the page https://forex-up.com/en/broker -reviews /forex_com-review /). Opinions are divided about this broker:
- Positive - high reliability and no commission when replenishing an account or withdrawing earned money to third-party financial terminals.
- Disadvantages - the broker's account may include the maximum leverage, instruments for European financial markets are presented in a fairly modest set and the inability to copy transactions.
Studying the reviews of traders and analysts on the forex.up information portal can