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Olymp Trade Risk-Free Trade: All You Need to Know About Using it

By: OlympTrade | Posted Dec 15, 2021 | General | 3356 Views | (Updated Feb 02, 2023 07:06 PM)

Olymp Trade prides itself on providing a trading experience like no other. One perk that is highly sought after is a Risk-Free Trade. The ever-elusive chance at free money.


What is an Olymp Trade Risk-Free Trade? It is a chance for a trader to make real money with the platform’s money. Make a winning trade and keep the profit. Make a losing trade and your account balance is unaffected.


Risk-Free Trades have a monetary value and this is the amount of money the user protects if their forecast is wrong.


For example, if a trader activates a Risk-Free trade worth $50 and opens a position of $100 and the deal is unsuccessful the client gets back $50. However, if the trade is successful they receive the full $100 back in their account plus the profit.


By allowing traders to protect their investments, they in turn have a risk-free trade. Make a trade for the full value of your Risk-Free Trade and you risk nothing. This way traders can ensure their last $100 at worst becomes $50.


How to get an Olymp Trade Risk-Free Trade


There are three ways to do it.


Get Upgraded to Expert


Risk-free trades are one of the many privileges of having Expert status. As bonus users receive 5% of their first deposit (starting at $2000/€2000/R $5000) as risk-free trades credited to their account. The total is split into several risk-free trades for easier use.


Find a Promo Codes


Promo codes are another way to get a Risk-Free Trade. Stay on top of the platform’s contests, tournaments, and other campaigns to catch these codes. Follow our social media and blog to make sure you never miss a thing. Promo codes are given out for completing tasks, answering questions, or actively participating in platforms.


Advance on Trader’s Way


It’s another method of earning Risk-Free Trades. Trader’s Way is a reward system that grants traders access to tools, perks, and statuses. Trade actively, gain experience points (XP), and move along the Trader’s Way to rack up prizes and Risk-Free Trades. Those who travel along Trader’s Way will receive Risk-Free Trades and other rewards.


Start earning your Risk-Free Trades here on Olymp Trade.


How Many Risk-Free Trades Can You Have on Olymp Trade?


Traders can have an unlimited number of Risk-Free Trades. No matter how Risk-Free Trades are earned, there are no more limits on how many you can hold at once.


How to use an Olymp Trade Risk-Free Trade?


Once you have a Risk-Free Trade there are three simple steps to activating and using it.




  1. Click on the shield icon. Then select “Activate”, choosing the trade amount you need. You can do the same using the mobile version of the platform.


  2. Once everything is set, shield icons will appear on the buttons used for choosing the trade’s direction, and you will see the value of the risk-free trades in the trade amount input field.


  3. Make a trade. Note that you can only deactivate a risk-free trade before opening a position. Once opened it cannot be canceled.




Perks of the Platform Olymp Plus


The Olymp Plus platform has something for everyone. Most people interested in trading are not professional analysts but still want to learn how to trade well enough to make some extra money. For this exact purpose, there is a trove of quality information provided by the platform, this shows how vital the development of traders is to Olymp Trade.


Before using your new Risk-Free Trades take time to study. Learning to trade through the Olymp Trade Educational suite is simple. It is full of free written content and webinars that explain the platform’s tools and how to take advantage of its many perks. Traders can boost their skills at any level with lessons on trading basics, fundamental and technical analysis, and more. Olymp Trade gives its users the tools and understanding necessary to be profitable traders.


Assets


This entire section is dedicated to the assets on the platform. Clients can study different assets, their trading history and news are readily available in great detail.


Each asset traded on the platform has a full company profile complete with an overview of its price history, trading news, and forecasts.


Insights


Traders can rely on this section to stay on top of the latest news that is likely to affect an asset. Keep an eye out for links to upcoming Master Classes and webinars taught by professional analysts and traders from around the world.


The Feed is a great at-a-glance tool as it shows the most impactful events on the economic calendar, how they could influence assets on the platform, how they could affect the asset’s price action.


Help Center


This section covers everything about Olymp Trade. Learn about the platform itself, tools, strategies, and payout. The information is easily accessible and explained in plain language.


Find out more about the platform and everything it offers here.


Deposits & Withdrawals with an Olymp Trade Risk-Free Trade


The simplicity of deposits and withdrawals is a pride of the platform.


Can you withdraw the value of your Olymp Trade Risk-Free Trade? No, it cannot be taken out of your account. Though you cannot withdraw your Risk-Free Trade value, traders receive 100% of profits earned with them.


There are a few methods Olymp Trader users can make deposits and withdrawals, including bank cards and e-wallets.


Neteller is one of the best e-wallets/e-payment services in the world. It is faster and cheaper than bank transfers.


Risk-Free Trades & The Olymp Trade Online Trading App


Mobile phones today provide their users with so much more power and possibility than ever before. One device can play music, show movies, and help you connect with people around the world. Now, it can even give you access to risk-free trades. After all, why shouldn’t it help you make money with free money as well?


The broker has made it possible to use Olymp Trade Risk-Free Trades from your mobile device anywhere there is internet access. This platform continues to strive to make trading accessible to everyone and their Online Trading App is another step in that direction.


The Online Trading App allows people to trade wherever they have wifi. Its intuitive interface and built-in training make it a wonderful choice for both new and experienced traders.


Community


Olymp Trade has continued to build helpful, fun, and inclusive communities of traders worldwide. Official accounts across the major social media platforms including country-specific Facebook groups, and broader communities have helped Olymp Trade redefine trading communities.


Watch these groups for opportunities to earn or win Risk-Free Trades and countless other prizes. These communities that Olymp Trade has fostered encourage discussion, sharing ideas, and a true sense of comradery.


These communities help traders stay up-to-date on all things Olymp Trade. Be among the first to know about important platform news, contests, and exclusive content.


Conclusion


This Olymp Trade review has showcased how the platform strives to make the best trading experience possible for its traders including Risk-Free Trades, useful resources, and welcoming communities. Olymp Trade understands by empowering its clients to do great things, everyone wins. View more details on available Olymp Trade learning resources here.


New traders and veterans agree that it is important to choose a platform that has your interest in mind. With perks like Risk-Free Trades, free deposits & withdrawals, and an app Olymp Trade seeks to take care of its loyal users.


Start your hunt for Risk-Free Trades today.


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