Is Olymp Trade legal in Egypt?
Olymp Trade does accept traders from regions such as India, Nigeria, South Africa, Pakistan, Thailand, Singapore, Kenya, Indonesia, Malaysia, Ukraine, Vietnam, Brazil, Egypt, Thailand, Vietnam, Philippines, and Sri Lanka. Most countries inside of Asia, Africa, and Latin America are accepted by this broker.
Do we get real money in Olymp Trade?
The Olymp Trade system allows you to earn up to 90 percent profit with minimum investment. To start the binary trading option with a broker, you just need to deposit US$10, the minimum amount required by the platform.
How do I deposit money into Olymp Trade from Egypt?
Step 1. Topping up through Kasikorn Bank
- Select “Deposit” on the platform.
- Select “Kasikorn Bank” as a means of payment.
- Specify the amount of your deposit (the minimum is $19, the maximum is $15 000)
- Select your bonus or refuse to use it. Enter the promo code if you have any.
- Click on “Deposit”
Which country owns Olymp Trade?
Olymp Trade is an online broker that was established in the year 2014. Owned by Saledo Global LLC and headquartered in St. Vincent & the Grenadines, this advisory broker is available to users from over 30 countries around the world.
Is trading legal in Egypt?
Under Egyptian law, only banks and licensed currency exchange offices are authorized to trade in foreign currencies.
Who became rich by Olymp trade?
Sai Reddy
Sai Reddy is now officially one of the richest 19-year olds in the Pune and the entire India, for that matter. The Pune native was playing on his smartphone last week when he discovered a popular new app called Olymp Trade.
Can Olymp trade be trusted?
Olymp Trade is one of the most known online trading platform which allows people to invest less and earn big. The platform has been serving customers since 2014 and has proven to be reliable for people interested in online trading.
How long does it take to receive money from Olymp trade?
As mentioned above, we do our best to process your request in 24 hours. In most cases, funds are credited promptly after we have transferred them to your payment system. However, in case of emergency, the process of money withdrawal can last up to 5 days.
How many countries use Olymp trade?
Olymp Trade is available for traders from all countries except Australia, Canada, USA, Japan, UK, EU (all countries), and Israel.
Is Forex banned in Egypt?
Although forex trading is making waves for Egyptians seeking financial freedom, it is restricted by certain local laws and regulations. Some of the imposed restrictions may include a maximum trade amount and maximum balance in your trading account. The Financial Regulatory Authority (FRA) was established in 2009.
Who can own property in Egypt?
Foreigners can buy property in Egypt, under Law No 230 of 1996. Foreigners cannot buy more than two pieces of real-estate, which cannot exceed 4,000 square meters (sq. m.), and their purpose must be for a family member to live in the property.
How does Olymp trade earn?
While other companies earn on the bid-ask difference, Olymp Trade clients pay commission just once, and prices for both buy and sell orders are the same. The commission is charged only for opening a position and for taking it over to the next day (does not apply to day traders).
How to make real money at Olymp trade?
To trade and make money real money at Olymp Trade, you just deposit $15 into Olymp Trade account. After that, choose the appropriate deposit method. I often use Visa and Mastercard to deposit and withdraw money at Olymp Trade. Next, select the $15 for the first deposit.
What is the Commission on Olymp trade?
The service commission is $10 or it’s equivalent in the account currency and is taken monthly until the movement on the account appears. The best way to avoid this fee is to make trading or non-trading operations regularly. There is also a transaction commission at Olymp Trade when you are trading on currency markets.
How to withdraw capital + interest from Olymp trade?
Either you only withdraw interest, or you withdraw the capital + interest right in the day. Very simply, you just need to click on the withdrawal button. Select Visa/Mastercard account. Then, enter the amount you want to withdraw here and submit your request. With the first withdrawal, Olymp Trade would review your account.
Can I use Olymp trade in India?
As Olymp Trade is not regularized by Indian authorities, various Indian banks are not dealing with the platform directly, only some international Debit/Credit are accepted on this platform. Olymp Trade in the USA Unfortunately, Olymp Trade does not accept clients from the United States, Europe, Canada, Japan, Australia, UK, Russia, or Israel.