Olymp Trade’s Expert status and its benefits — Official Olymp Trade Blog (2024)

Olymp Trade’s Expert status and its benefits — Official Olymp Trade Blog (1)

Olymp Trade offers three statuses for users with different skill levels and financial goals. By default, all our traders begin their trading career with the Starter status, and those wanting more than a basic package tend to upgrade to Advanced to get some extra perks.

However, if you are serious about trading and are looking to unleash your full potential, we recommend upgrading your status to Expert.

Contents:

  • The perks of Expert status
  • ✅ Advantages in FTT mode
  • ✅ Advantages in FX mode
  • ❓ How to upgrade your status to Expert
  • Get your 48-hour trial

Interact with the underlined words and green dots to get additional details and explanations.

The perks of Expert status

If trading is an essential part of your lifestyle and you seek to turn it into a solid income source, Expert status will be the best option for you. As the highest status, it comes with multiple exclusive advantages in FTT and Forex modes. Let’s take a closer look at them.

✅ Advantages in FTT mode

In Fixed-Time Trades mode, Expert status holders get:

  • Profitability of up to 92%.
  • Risk-free trades to reduce losses on incorrect price forecasts in FTT mode.
  • Faster fund withdrawals.
  • Four sessions with a personal analyst per month to develop and fine-tune your strategy.
  • 15 unique strategies with increased efficiency, designed by Olymp Trade’s leading analysts for Experts.

✅ Advantages in FX mode

In this mode, you can also enjoy top-priority processing of your withdrawal requests, private educational sessions and consultations.

Our Experts get access to:

  • Twelve exclusive trading strategies for Forex.
  • A discount of up to 20% on position-opening fees.
  • Trailing Stop-Loss, which follows the price to protect accumulated profits.

Upgrading to Expert status is a major leap for any ambitious trader. As an Expert, you get access to VIP privileges like expert advice, a personal trading mentor and more.

❓ How to upgrade your status to Expert

Olymp Trade provides several ways to reach Expert status.

Any one of the following methods will get you there:

  • Deposit at least $2,000 or €2,000 to your account. For a USDT account, this amount is much lower — just 500 USDT.
  • Make trades on your live account and complete daily tasks to earn enough experience points for the upgrade. Note that profitable trades and higher trade amounts bring you more XP.
  • Participate in Olymp Trade’s tournaments, contests and other activities, through which you can win extra XP or a status upgrade for your achievements.

You can also buy a subscription for Expert status in the Market.

Get your 48-hour trial

Are you ready to join the ranks of Olymp Trade’s best? Give this status a test drive to experience its advantages for yourself.

To get a free trial, take a short quiz based on the info in this article.If you get a high enough score, you’ll be automatically upgraded to Expert status for two days.

Take Quiz

Risk warning: The contents of this article do not constitute investment advice, and you bear sole responsibility for your trading activity and/or trading results.

Olymp Trade’s Expert status and its benefits — Official Olymp Trade Blog (2024)

FAQs

What are the benefits of expert status in Olymp Trade? ›

If your status is Expert or higher, you will also receive exclusive materials. An expert who answers any questions related to trading, helps with training, and gives trading recommendations. Exclusive strategies developed by Olymp Trade analysts.

Is Olymp Trade real or fake? ›

While there have been reports of scams and fraudulent activities on Olymp Trade, the platform itself is not a scam. It is a legitimate trading platform that is regulated by the IFC and has millions of satisfied users.

Do people really make money on Olymp Trade? ›

FAQ. Can I really earn money with Olymp Trade? Yes, you can.

Which is better, Olymp Trade or Expert Option? ›

Is OlympTrade or ExpertOption better? We have rated ExpertOption (70%) higher than OlympTrade (30%), but the overall rating can't be the only determining factor.

Is ExpertOption good or bad? ›

It is a trustworthy and low-risk broker that offers digital trading on forex, cryptocurrencies, commodities, indices, and stocks, and is ideal for beginners and novice investors.

How do you become an expert in Olymp Trade? ›

❓ How to upgrade your status to Expert

Deposit at least $2,000 or €2,000 to your account. For a USDT account, this amount is much lower — just 500 USDT. Make trades on your live account and complete daily tasks to earn enough experience points for the upgrade.

Is Olymp Trade banned in USA? ›

As Olymp Trade does not hold any licenses from the CFTC or SEC, it is considered an unregulated broker in the US. Unregulated brokers are prohibited from soliciting US traders or providing access to US-based trading platforms and exchanges.

Which country owns Olymp Trade? ›

Olymp Trade is an international financial broker providing online trading services in financial markets. The company behind the Olymp Trade brand is Smartex International Ltd, which is registered in St. Vincent and the Grenadines.

Who owns Olymp? ›

Mark Bezner, owner and CEO of Olymp Bezner, said: “As director of ecommerce, Christian Wurster steadily developed the increasingly important e-commerce arm at Olymp.

Can we really withdraw money from Olymp Trade? ›

The short answer is yes, you can withdraw money from Olymp Trade. In fact, one of the main reasons people trade on this platform is to make a profit and eventually withdraw their earnings. However, there are certain requirements and processes that need to be followed in order to successfully withdraw your funds.

Which is better than Olymp Trade? ›

RoboForex. RoboForex clients have access to a wide range of outstanding benefits. RoboForex offers its clients the best promotional offers in financial markets. RoboForex is the best place to trade and reap the powerful benefits.

How do you become successful in Olymp Trade? ›

When it comes to utilizing the best strategy in Olymp Trade, there are a few key steps to follow:
  1. Step 1: Research and Education. ...
  2. Step 2: Define Your Trading Goals. ...
  3. Step 3: Analyze the Market. ...
  4. Step 4: Selecting the Right Strategy. ...
  5. Step 5: Practice and Evaluate. ...
  6. Trend Following Strategy.
  7. Breakout Strategy.
Oct 30, 2023

What is expert status in Olymp Trade? ›

If a trader deposits a one-time sum of more than $2,000, €2,000, R$5,000, or 100,000 (depending on the account's currency), expert status is granted to the account. You can get there using any of the following techniques: Make a minimum deposit of $2,000 or €2,000.

What is the minimum deposit for ExpertOption? ›

What is the minimum deposit and withdrawal amount? Minimum deposit and withdrawal are $10 or equal amount in local currency.

What is the 100% bonus on ExpertOption? ›

Moreover, ExpertOption has a really nice feature, they give 100% bonus on the first deposit. So for example, if you deposit $100, you will get $200 on your account balance. Please note that, from time to time bonuses might change for all traders. What is bonus?

What are the benefits of ExpertOption? ›

No delays in order executions and most accurate quotes. Our trading platform is available around the clock and on weekends. ExpertOption customer service is available 24/7. We are continuously adding new financial instruments.

What is the maximum trade amount in ExpertOption? ›

With an Exclusive account you as well get access to financial research, daily market reviews and education materials. In addition, traders also do not have a limit on how many deals they open simultaneously, but the maximum deal amount is $3000.

Which is the best strategy in Olymp Trade? ›

The best strategy for beginners in Olymp Trade is the trend following strategy. By utilizing technical indicators like moving averages, beginners can identify and trade in the direction of established trends, increasing their chances of success.

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