[Resolved] Olymp Trade — My trades are closed automatically

[Resolved] Olymp Trade — My trades are closed automatically

F FerozSingh from New Delhi, Delhi Mar 29, 2024 May 3, 2024 This thread was updated on May 3, 2024

I have a strange problem with the Olymp Trade platform. I am sure that something is not adjusted correctly, but I can’t find the solution. I trade forex and have tried trading different pairs, but it’s the same with all the pairs. Whenever I open a trade my trade automatically closes just after a minute or depending on the duration I set. I haven’t placed any TP or SL orders, and can’t understand why it gets closed. Furthermore on the trading terminal on the right side, I can’t even find the TP and SL order, all I have is the amount of my trade and the option to choose a duration. Was this information helpful? No (0) Yes (0)
May 4, 2024 Complaint marked as Resolved I knew that I messed up something. Thanks for the clarification. So, as I understood I was trading in FTT mode and that’s why the trades closed automatically I need to be more carful when choosing the instrument to make sure that the chosen one is in forex mode. Olymp Trade customer support has been notified about the posted complaint. Verified Support May 03, 2024 Olymp Trade Customer Care's response Hi, FerozSingh. Fixed Time Trades (Fixed Time, FTT) is one of the trading modes available on the Olymp Trade platform. In this mode, you make trades for a limited period of time and receive a fixed rate of return for a correct forecast about the movements in currency, stock, and other asset prices. Trading in Fixed Time mode is the easiest way to earn money on changes in the value of financial instruments. However, to achieve positive results, you need to take a training course and practice with a free demo account available on Olymp Trade. Best regards, Olymp Trade team.
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