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[Resolved]  Olymp Trade — I cant calculate my costs properly

Olymp trade has a very appealing infrastructure in terms of trading on the financial markets.
It’s a great place to trade, or invest, as the broker provides forex, FTT and stock mode, which is very unusual for a broker.

Probably the most confusing thing that I encountered during my first trading time here is that I can’t find the spread information anywhere. And without the spreads I just can’t trade because I don’t know how much it will cost me in the end.
I found commission info but where the hell are spreads?
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Oct 13, 2023
Complaint marked as Resolved 
Sorry Olym[p trade guys. I should have done my due diligence beforehand and found out that Olymo trade is a pure commission-based broker. Which means you have to pay only one time when the deal is closed. And if I’m not mistaken those who trade stocks don’t have to pay at all if the deal is not closed in profits. Nice system btw.
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Comments

Hi, there Abbas_Kumar.

Thank you for your review. We are glad to say that we only charge the commission on the forex trading mode. And this amount is small compared to other commissions and spreads. Wish you a lot of success!

Best regards, Olymp Trade team.
Reply
Olymp Trade Customer Care's response, Oct 19, 2023
Verified Support
Greetings, Abbas_Kumar.

We are so happy that we have been useful to you. We understand that sometimes there would be some confusion around trading. But we are glad that you have reached out to us. We are here to answer any question that occurs to you along your trading journey.

Please let us know if you have any further questions.
Best regards, Olymp Trade team.

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