Money is always involved when it comes to trading. You use money in order to make money. If they weren’t necessary, all brokers would be out of business. However, there is a unique opportunity at Olymp Trade to trade without risk.
What risk-free trades mean
Trades, where you cannot lose any money will be risk-free trades. Typically, when you, for example, invested $100 in digital options you would either lose $100 when the trade did not go your way or earn from $65 to $92 profit if everything went well.
In the case of a risk-free transaction, you will earn the same profit as normally if the trade goes according to your prediction. But if it doesn’t, you won’t get to lose the money. $100 will simply come back to your account balance.
Now, options brokers cannot afford that. They have to make their profit, right?
Well, there is a special offer for some traders at Olymp Trade that allows trading without the risk of losing money. Let’s take a closer look at it.
How to trade risk-free on the Olymp Trade platform
The easiest way to trade with no risk is to have a demo account. No matter your transactions are successful or not, you do not lose any money! There is one problem, though. You do not lose, but you do not earn either. And naturally, you want to make real money. Let’s go further, then.
Risk-free trades on the Olymp Trade real account
Olymp Trade regularly offers trades with no risk for the customers with a VIP account. The condition required to open such an account is to deposit a minimum of $2000. Depositing $2000 gives you 1 risk-free trade and depositing $5000 allows you to make 3 risk-free trades.
When risk-free trades are available, Olymp Trade will usually send a notification through your trading interface. All you need to do is click on the notification to accept the offer and then place your trade.
VIP status gives you also additional features like percentage bonus which is added to a deposited amount of money. It also increases the payout rate up to 92% in some cases.
The last possibility to get risk-free trades at Olymp Trade is to stand out as a trader. Occasionally, Olymp Trade reward outstanding traders with risk-free trades. You need to be a frequent user of the platform and participate in creating their blog, so they can notice you.
Write in the comments section below if you had the opportunity to use risk-free trades. Share with us your thoughts on this topic.
Wish you high rewards!
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