A person who opens trades on the market aiming to make a profit. Anyone can become a trader, all you need is to execute one trade.


This is one of the derivative financial instruments, i.e., the contract for fulfillment of a certain condition,
but not for actual asset purchase.

Currency option

A option which is based on the currency pair. Trading with this instrument involves forecasting changes in the cost of one currency relative to the another.

Initial price or Strike price

The price of the chosen asset at the trade opening (option purchase) time, which should either rise or fall during the specified trade time.

Price rise or Call Option

A trader should open a bet on a price rise, if he or she believes that the currency pair will become more expensive. This type of trade is called a Call Option. If you are sure that the price will go up, then click on the "Up" button.

Trade amount

This is the amount on which profit depends. In fact, this is the trade price, the option price that you can monitor on your own. If the forecast is correct, the trader receives 80% of the trade amount.
The minimum trade amount on OLYMP TRADE is $1 / €1.

Expiration or Option execution

The trade closing, i.e,. the time when an option terminates after the end of previously specified time period.

Trade cancellation

This feature gives you a hedging instrument to protect yourself from negative trade result. If you realize that your forecast is incorrect and the chart is moving in the wrong direction after a contract has been executed, you can cancel your trade and avoid the total loss of your investment.


This is the balance of your trading account, i.e., the amount of money on your account when you start trading.


A stable price direction on the market for a long period of time. A steady rise or fall that can be noted by ignoring slight fluctuations.


The risk reduction method while trading options, which involves the purchase of various assets not connected with one another. "You win some, you lose some."

Commodity option

A option which is based on a commodity. Usually it is oil, precious metal or a food industry product.

Index option

A option which is based on stock indices, such as Dow Jones, RTS, S & P 500, DAX and others.

Trading sessions

The operating hours the largest global stock exchanges grouped by economic region. There are 4 main trade sessions: Asian, European, Australian, and American.

Forex, from the English "foreign exchange"

It is an international currency exchange market.


On the financial market it is bought or sold and represents a certain value for traders.

Currency pair

The ratio of the price of one currency to the price of another currency.

Base currency

This is the currency that appears first in the currency pair.


The price at which you can make a trade.


A parameter defining the amplitude of the price change.


A unit of measure of price movement. The fourth place after the decimal point denotes a whole point, except: currency pairs with the Japanese yen (JPY), gold (XAU) and silver (XAG), in which a whole point is denoted by the second place after the decimal. Places after a whole point are called "micropoints."


A financial service that allows to increase the size of a trade by a factor of 50/100/150/200 relative to the amount investment. The trader can set the multiplier at his discretion.

Major pairs

7 most popular currency pairs: EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, AUD/USD, NZD/USD.

Cross rate

The ratios of the prices of two currencies without the US dollar.

Commodity currency

The currency of a country with a commodity-based economy (Russia, Australia, New Zealand, etc.)

Take profit

A service for automatically closing a profitable trade. When the trade result reaches the preset profit, the trade will be closed automatically, and the financial result will be locked in.

Stop loss

A service for automatically closing a losing trade. When the preset loss on the trade is reached, it automatically closes at the current market price

Stop out

A service for automatically closing a losing trade that keeps a trader's balance from falling below zero. The stop out equals 100% of the amount invested in the trade. If the negative result of an open trade equals the amount invested in the trade, it automatically closes

For example, a trader makes a $10 up trade on the EUR/USD pair. The asset's price starts to fall and the trade result displays as a negative value. The trade will be automatically closed as soon as the profit is minus $10.

Margin call

A service for automatically closing a losing trade. When the preset loss on the trade is reached, it automatically closes at the current market price.


An intermediary between large commercial organizations and retail traders on the financial markets. OLYMP TRADE provides its traders with access to the options market.


The simplest and the most transparent financial instrument. This is an option that, depending on whether the specified condition is met in the specified time, either produces an income or produces nothing.

Point (pips)

This is the minimum change in the exchange rate for a currency pair. All currency pairs are quoted to the fourth or fifth decimal place. The exceptions are USDJPY and USDRUB, which are quoted to the third decimal place.

Underlying asset

An asset on which you bid to change the price. These assets can be currency pairs or commodities (oil, gold). Beginners usually prefer to start with currency pairs.

Market price

The latest announced price of an asset at that moment.

Price decline or put option

A trader should open a down trade, if he or she thinks that the price for the selected asset will fall. This type of trade is called a Put Option. If you think that the asset is declining, press the "Down" button.

Trade time

This is the time interval, after which a trade is completed. If you bought a call-option, then after expiry the asset price should be higher, if you bought a put-option, then the price should be lower.

Option execution level or Expiration level

The price for the selected asset when the option expires. This is the result that has to be predicted by a trader. For trading on options, the exact price rate is not important, the trader should predict whether the price turned out to be higher or lower than the asset price when the trade opened.


This is your profit from a trade. You can see how your potential profit changes as a function of your investment even before the contract is executed. The options trading profit is 80%. Thanks to the options, you always know how much you can earn.

Market entry threshold

The minimum required sum on the account that allows a trader to start trading on the market. The minimum balance on OLYMPTRADE is just $10 / €10.

Trading hours

The time when one can buy and sell a particular asset.


Insurance. OLYMP TRADE helps you to protect yourself from financial losses by the trade cancellation option.

Stock option

A option which is based on stock or securities of the most famous and influential companies.


This is a financial indicator that measures the asset price variability. The higher the volatility, the more rapidly the price of a particular asset changes. This indicates that traders have a high interest in the asset. When volatility is low, the price remains the same for a long period of time or it may change slightly.


A fee charged by the broker for opening a trade and for rolling a position over night.

The size of the commission for opening a trade is known before the trade is made and is deducted as soon as it is made.

The commission for rolling a position over night is charged at 9:00 pm (GMT) on weekdays and is known in advance.

Up trade

A trade made on the assumption that the asset will go up in price. Traders call these trades "long." When you make this trade, you make money if the asset price goes up. The higher it goes, the more profit you make.

Down trade

A trade made on the assumption that the asset will go down in price. This trade is called "short." A down trade makes a profit if the asset price goes down. The farther it falls, the greater the profit.

Demo account

An account to prepare a trader for live trading. Trading takes place on a demo currency account. To make trades and earn real profit, a trader must make a deposit on the trading account by some convenient method (bank cards, e-wallets, etc.).

Economic calendar

A consolidated list of important international economic events. These include the publication of statistics for countries and speeches by high-ranking officials. These events can have a strong influence on currency exchange rates.


The currency of the European Union (euro)


The currency of the United Kingdom (British pound, pound sterling)


The currency of Japan (Japanese yen)


The currency of the United States of America (US dollar)


The currency of Canada (Canadian dollar)


The currency of New Zealand (New Zealand dollar)


The currency of Australia (Australian dollar)


The currency of Switzerland (Swiss franc)


The currency of Russia (Russian ruble)


The currency of Mexico (Mexican peso)


The currency of Singapore (Singapore dollar)


The currency of Norway (Norwegian krone)


The currency of Chile (Chilean peso)