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FAQ
If you couldn't find an answer to your question, our 24/7 support team will be happy to help you.
In general, trading involves the buying and selling of assets with the goal of making money off of price fluctuation. On Olymptrade, this works by opening and closing trades on various assets in one of three trading modes to profit from the difference in prices.
To open a trading account, you just need to register on Olymptrade and verify your profile.
A trading account is a live account (i.e., not a demo account) that you can use to make trades on Olymptrade. You can deposit money to this account, and any profit earned will be added to this account, which you can then withdraw using a payment method of your choice.
After registering on Olymptrade and verifying your profile, you need to deposit funds into a live account. Once you've added funds to it, you can start opening trades.
In Fixed Time mode, you open trades for a specific duration in the direction you think the price of the asset will go. Forex mode allows you to open trades in a certain direction and close them when you've reached the profit level you want. Technical tools and other platform features are there to help you make informed forecasts.
If the asset's price goes in the direction you forecasted when opening the trade in Fixed Time mode, you'll receive a percentage of your initial investment as profit.
Trading in the stock market is a risky activity, as is any kind of investing. This is why Olymptrade advises all beginners to use the analytical tools and knowledge base available on the platform to learn everything you need to know to minimize risks and increase your rate of successful trades.
To buy and sell stocks within the span of a day, you should utilize analytical fundamentals as well as trading instruments to find the best entry and exit points.
If you couldn't find an answer to your question, our 24/7 support team will be happy to help you.