[Resolved] Olymp Trade — Where's the investing?

[Resolved] Olymp Trade — Where's the investing?

N Navneet G-l Jan 13, 2024 Jan 15, 2024 This thread was updated on Jan 15, 2024

Some time ago I started learning about trading and investing. I decided that I should start doing it because I found it quite interesting. I decided that I wanted to start with investing and started looking for a suitable broker. On one of the websites I read that Olymp Trade is perfect for those who want to start investing but have no experience yet. So I became a client of this company. After I registered and opened trading account I started to look for how I could start investing on this platform. But I couldn't find anything. As I realized there is trading here. That is, I can open a trade in stocks, for example, in the up or down direction. But I wanted to buy stocks and create an investment portfolio. It seems that there is no such function here or I have misunderstood something. I would be grateful if someone could help me to understand everything. Was this information helpful? No (0) Yes (0)
Jan 19, 2024 Complaint marked as Resolved I guess I haven't fully figured out how this platform works. It turns out that I can trade CFD stocks separately and separately invest in stocks. I just need to switch between the modes. To be honest, it's even better than I expected. Thanks to this I feel that I have much more possibilities in trading. Sorry for confusing you with my previous comment. Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Jan 15, 2024

Verified Support

Hello, Navneet G-l.

Thank you for your interest in our platform. We are glad to say that you can build your investment portfolio with our Stock mode. Stocks mode is a trading mode on the Olymp Trade platform. In this mode, you trade instruments for which stock market shares are the underlying asset. The underlying asset is the asset that the traded instrument price is based on. In Stocks mode, the instrument is traded at the price of the selected stock at the time of making a trade.

One can make two types of trades in this mode – sell and buy. The profit or loss depends on the change in the underlying asset stock price from the moment you buy the instrument until the moment you sell it. However, you may only sell assets that you have previously purchased in Stock mode.

Best regards, Olymp Trade team.

Olymp Trade Customer Care's response, Jan 22, 2024

Verified Support

Hello, Navneet G-l.

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.