Comment on Olymp Trade
★★★★★1 / 5Initial 1-star scoreReference #1461
<p>Hey guys, I checked in here a few days ago. It seems to me that Olymp Trade is a cool broker 🙂 There are so many useful things here.<br>
Where do you think it is best to start learning? The broker provides FTT, but MT4 is also available here. Should you trade on MT4 right away?</p>
Replies 1
<p>In Olymp Trade FTT, traders need to predetermine the duration of a trade. Meaning, before opening a trade, we should decide how long that particular trade should be opened. The trade will be closed once the time expires.<br> In Olymp Trade MT4, a trader is able to open and close a trade as he/she wishes. Traders can also use Stop Loss and Take Profit functions to close a trade automatically.<br> In terms of turnover, Olymp Trade MT4 offers more flexible conditions, where a trader can decide when to close a trade and how much profit is enough for them.<br> Thus, I think MT4 is more suitable for a beginner.</p>
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