[Resolved] Olymp Trade — The profitability of FTT can be higher

[Resolved] Olymp Trade — The profitability of FTT can be higher

N Navin GGG Sep 23, 2023 Sep 25, 2023 This thread was updated on Sep 25, 2023

Guys, I recently started trading in FTT mode. No need to mention that I am new here, but I got curious about this pretty new trading style for me. It looks easy at first glance but, it’s not that easy I admit 🙂 However, I studied the guide pretty closely, since I had no prior experience and also explored a bit more online to find a working strategy for this type of trading. I came to the conclusion that the main factor here is the return yield you get from a trade and those articles were suggesting to trade with a profitability larger than 80%. I was surprised when I opened my account again to see that the profitability on my favourite pair NZD/JPY is only 30%! It ruined my day… Was this information helpful? No (0) Yes (0)
Sep 27, 2023 Complaint marked as Resolved Okay, I did a bit more research and found out that Olymp Trade offers a yield even bigger than 80%. It depends on the instrument you trade, so guys monitor the profitability an instrument brings and choose wisely. I thought the profitability was the default and the same for all the assets, but that was not the case. Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Sep 25, 2023

Verified Support

Hello, Navin GGG.

We really appreciate you taking the time to share your feedback. Olymp Trade strives to provide the finest trading conditions. They include a smooth interface, free education, and a functional support team. We are so happy that you agree with us. Olymp Trade offers Fixed Time Trade, Stock, and Forex. They are interesting and promising trading modes. We think that with a little practice, you can be a pro trader in no time.

Regarding your question, the payout rate depends on the strike price. The strike price you select can also affect the asset profitability. By default, it is equal to the market quote of an asset. However, it can be changed, thus increasing or decreasing the profitability. You can do it in the strike price menu. To enable this option, go to the “Chart” section of the platform.

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

Olymp Trade Customer Care's response, Sep 27, 2023

Verified Support

Greetings, Navin GGG.

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.