We always strive to improve our trading platform, to make it more accessible and profitable for our users. Market is one of our most recent attempts to improve your trading experience (and profitability!). Still, as it is a fresh update, we decided to address the most common questions and issues that you might have.
What is Olymp Trade Market?
Basically, Market is a store on our trading platform. There, you can subscribe to and unlock features, tools, and strategies that can make your trading more effective. Take note, you can’t use the bonus money to pay for a subscription.
This allows you to customize your trading room for your needs and wants. For example, you can have a higher Rate of Return, along with advanced analytics and our custom indicators (Stochastic RSI and/or Inversion Bollinger), to take advantage of long-term strategies.
Market is also a great way to upgrade your trading without worrying about Experience Points and your Trader’s Way status. All in all, it is a good option for those who want to trade at their leisure, but with a wider assortment of instruments.
What Features It Offers?
Now, let’s take a look at the tools Olymp Trade Market features. It has a lot to offer to our traders, from additional strategies to the more advanced indicators to higher rates of return. There you’ll be able to find everything you need to customize your trading, even new Themes.
A full list of the offered features:
- Hand-picked news from the world of trading.
- Real-time trading signals.
- Advanced indicators: Stochastic RSI, Pivot Points, Inversion Bollinger, Bill Williams’ Fractals.
- Trading advisors.
- Advanced- and Expert-level strategies.
- Advanced and Expert status benefits (you can learn more about them in this article).
- Higher Rates of Return (84% and 92%).
Of course, the list will be updated as more features are added in the future. All features work on both the Web and mobile versions of our platform.
How to Manage Your Subscription?
Now that you have an idea of what Market is and what you can find there, it is time to take the next step: subscriptions. Every available feature on Market, with the exception of themes, can be subscribed for a certain time period, from 1 to 12 months. So, to get your subscription, you need to:
- Choose the feature that you want (you have to subscribe separately to each feature).
- Deposit the required amount to your account.
- Choose the subscription plan (1/3/6/12 months).
- Finalize the operation and pay for your purchase.
Auto-renewal and its cancellation
By default, every subscription starts out with auto-renewal. That means that it will be automatically renewed once the subscription period ends. Traders can cancel this feature at least 2 days before the new period starts. To do so, use the special function inside the Market itself.
How to cancel your subscription
Should you wish to do so, you can cancel your subscription altogether and get a refund, unless you’ve subscribed for 30 days. The refunded amount depends on how long into the subscription period you are.
Traders who cancel early on will get a refund for full 30-day blocks (for example, 60 days = 2 blocks) that remain at the time of cancellation. So, if you’ve subscribed for 120 days, and cancel at day 45, you’ll be refunded for 60 days, as only 2 full blocks remain.
How can I get these features without paying?
There is a way to boost your trading without subscribing to any feature. To do this, you need to get Experience Points on our Trader’s Way. You get XP by actively trading and making deposits on your account, and, once you reach a certain threshold, you get a level up in status, receiving all the features that accompany it. You can read more about it in this article.
And that’s it, you’ve got yourself a boost to your trading. Just make sure to have enough money on your account when the subscription period comes to the end. Otherwise, you’d lose your favorite tools and have to re-subscribe again.
With that, we’ve covered the main points about our Market: how it works, what it has to offer, and how to manage your subscriptions. For more information about our platform, trading news, and special events, check the rest of our blog, and stay tuned for more informative posts in the future!