Howtotradeblog is a website to guide and share useful knowledge about trading in IQ Option, Olymp Trade, Binomo... We do not encourage you to make large amounts of money that are not realistic but to help you earn small profits every day.
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When you make profits in Olymp Trade, the first thing you should do is to withdraw money. Withdrawal is essential and important for Olymp Trade reinvestment. There are many ways to withdraw money such as using a Visa/Mastercard account, online banking account and some other payment method like Skrill or Neteller. Today’s article will guide you on how to withdraw money from Olymp Trade to your online banking account.
Olymp Trade withdrawal proof to Online Banking account
How to withdraw money from Olymp Trade to Online Banking
Select “Withdraw” in the upper right corner of the Olymp Trade interface
Select “Withdraw” in the upper right corner of the Olymp Trade interface
Olymp Trade will automatically transfer money to the account you used to deposit money. For example, if you deposit Olymp Trade with Visa/Mastercard, the system will automatically select Visa / Mastercard to transfer money. If you deposit with your online banking account, Olymp Trade will pay via online banking.
Enter the amount you want to withdraw
Enter the amount you want to withdraw
Note: The minimum amount for each withdrawal is $15. The money will be deducted from your Olymp Trade account immediately when you submit a withdrawal request. You cannot withdraw the Bonus amount that the exchange gives when you deposit money into your account.
Fill out your Internet Banking account information
Then click Send a request.
Enter your full name and Bank account number
Olymp Trade platform confirms your withdrawal request
Olymp Trade system has confirmed your withdrawal request
Note: if this is your first time withdrawing money from Olymp Trade, DO NOT press the withdrawal request for any reason. The first withdrawal may take a bit longer than usual. But be patient, the money will definitely come to your account.
Do not press Cancel request for any reason
Check the money in your bank account
As soon as the money reaches the bank account, Olymp Trade will send a confirmation email to you.
Olymp Trade confirmation email that they have transferred money to your account
Normally, the money will be transferred to the bank account within Olymp Trade within 10 minutes to 3 hours.
Olymp Trade withdrawal problems and how to fix them
1. Olymp Trade withdrawal limit is beyond the allowed balance (Total money – Bonus). You are not allowed to withdraw the Bonus amount that the exchange has given you during the deposit process. Please note this.
2. Absolutely not “Cancel request” during the withdrawing process. You must truly abide by this principle.
3. All withdrawals from Olymp Trade to Online Banking accounts will be processed within 3 working days. If after 3 days, you still do not receive your money, please contact Olymp Trade support.
Thank you for reading our guide on How to withdraw money from Olymp Trade. If there are any problems, please leave a comment below. We will reply to you shortly.
Recently, in the online trading community, there is quite a lot of fraud rumor about the Binomo platform. For example, in about 30 minutes to 1 hour, you can earn up to $1000 with Binomo. However, this also raises several questions. What is Binomo? Is Binomo a scam or safe? Can you really make money there? In today’s article, we will review Binomo trading platform to answer your questions.
Binomo is an online trading platform in the financial field. It uses derivative tools on the market to make money.
It means that the investor will make a profit by predicting whether the trend of the exchange rate will be up or down over a certain period of time. If the prediction is correct, you will receive the corresponding interest. Conversely, if you make a false prediction, you will lose the capital spent on that transaction.
What is Binomo?
Founded in 2014, Binomo is managed and operated by Stagord Resources Ltd. Its registered address is in Nicosia, Republic of Cyprus, under the registration license No. HE338508. Meanwhile, the entire website of the company is under the management of Tiburon Corporation Limited, which based in the Republic of Seychelle.
The simplest way to trade in Binomo
1. Choose a pair of assets (for trading).
2. Choose the investment and set the timing for your transaction.
3. Choose “UP” or “DOWN”.
4. If the price goes according to your prediction, you will make a profit. Otherwise, you will lose your investment.
The easiest way to trade in Binomo
This is an extremely risky investment if the trader does not understand what it is. To win a trade, you must predict exactly 2 things. (1) whether the price will increase or decrease and (2) for how long. This is called a double prediction (double probability).
Is Binomo safe or a scam?
To answer Binomo scam or not, we use the analytics and rating website hypestat.com for checking.
Review the traffic in a day and the ranking of Binomo in the world
The especially important thing is the traffic of unique visitors filtered by IP address. Binomo is a web-trading site so the direct traffic will be huge.
The traffic and world ranking of Binomo
According to hypestat.com, it has 412,799 unique visitors per day. Its rank is 7813 in the world.
Review Binomo ranking in the financial field
This is a more specific check of the credibility of a platform. According to similarweb.com, it is ranked 102nd in this category.
Binomo’s rankings in the investment financial field
Besides, this statistics page also gives us another very positive indicator. That is the total traffic in the last 6 months was 4.5 million visits (including web and via mobile applications). If Binomo is a fraud platform, how come there are so many users and visits?
The traffic in the last 6 months
Certificate from the Financial Commission
Binomo is secured by the Financial Commission with a compensation of up to 20,000 EURO if you can prove that it is a fraud and no safe for users.
Certificate from the Financial Commission
Checking the depositing and withdrawing
The Binomo fraud information mostly consists of withdrawing money from the platform after making a profit. You can fully verify directly through the services of the platform.
We have been trading in Binomo for a long time. And things such as the platform does not allow withdrawals or keeps your money, locks accounts, have never happened. If there are any, it may be some delay in money crediting due to the banking system or denied withdrawal orders due to account verification violations.
The proof for depositing and withdrawing in Binomo
The most detailed review on Binomo trading platform
In this section, we will examine its strengths and limitations. I hope that it will be helpful for you in choosing a broker to trade.
Advantages
The minimum for one depositing and withdrawing is 10$. This is an important strength of this platform compared to others. The minimum amount of $10 is reasonable for anyone to test the services of the broker on a real account.
Trade with a minimum capital of $1. Traders who are new can open orders with a minimum capital of $1. This helps you get used to the platform without being scared of losing too much capital.
Review the advantages of Binomo
It supports many types of accounts from Standard to VIP and also demo accounts. With the demo account, you can use it to familiarize yourself with the interface and trading style of the platform. For experienced traders, they can also use it to create and test their new strategies.
Quick depositing and withdrawing, supported via many popular payment methods. The priority of processing your withdrawal depends on the type of account. However, it will not exceed 3 working days.
Professional support, available 24/7. During trading as well as investing on the platform, if you encounter any problems, the “SUPPORT” will be the top priority for you to contact. You can contact the support in a variety of ways such as live chat, via email, or even call directly, etc.
Disadvantages
The platform has a simple interface. Indicators, as well as graphical tools displayed on the price chart, are not professional.
The income rate varies a lot. This affects traders’ trading strategies.
Conclusion
After going through the article, you must have gotten yourself the answer. Is Binomo safe or a scam? Once again we would like to announce that this article is an objective review so that traders can understand what this platform really is.
The money is yours. Think carefully before investing in any channel. Binomo is no exception. As for us, too.
As beginners, many people want to test whether the Olymp Trade platform really pays money and lets you withdraw money or not. Here, in this article, I will show you one of the easiest ways to open a profitable order and make some profit in Olymp Trade. At the same time, I will give you a few notes on how to trade in Olymp Trade.
Video for making money in Olymp Trade with an account of $50
How to make money in Olymp Trade with a $50 account
Choose the reasonable trading assets in Olymp Trade
If you are new with a starter account of only $50, then you should choose currency pairs or assets with a payout rate of 80% or more. This is the profit ratio that you will receive if you win. For example, you enter 1 transaction of $100 with a payout of 80%. If you win, you will gain a profit of $80.
Selecting Fixed Time and the currency pair for trading
Notes: The higher the payout rate is, the more secure your balance becomes.
For example, you are trading with the USD/JPY pair and a payout of 60%. You open 5 orders ($10 each). 3 wins – 2 losses => You lose $20 for 2 losing orders and make $18 for 3 winning orders => Your balance is still losing $2.
But if you trade with the EUR/USD pair and a payout of 80%. You also open 5 orders ($10 each). 3 wins – 2 losses => You are still profitable with $4.
Advice for beginners: EUR/USD and GBP/USD are the best 2 currency pairs for you to get acquainted with during your first trades.
The principles of candlesticks
At different time frames, the price will have different fluctuations. It will also create different candlesticks. Just by observing, you can realize this.
For example, during this trading time frame, EUR/USD creates alternating green and red candles. There are at most 4 consecutive green candles, after which a red candle will appear. And vice versa, there are at most 4 consecutive red candles and then green candles will appear.
Analyzing candles in the Olymp Trade trading platform
Notes: Do not observe the 1-minute Japanese candlestick pattern. Fast fluctuations may make you lose money faster and easier.
Open correct orders
Now you know the principle of candles. The trading strategy for use in Olymp Trade that I mention now will be as follows. When 2 red candles appear in the market, you should start opening orders. Now you bet that the third candle will be a green one. If the third candle is still a red one, then open another order to bet that the fourth one will be green. It means that you will open 2 “HIGHER” orders continuously.
For details, you open 2 “HIGHER” orders to bet that a green candle will appear after 2 consecutive red candles.
Order 1: Bet on a green candle – open an UP order – $2 => LOSE
Opening an UP order
Order 2: Bet on a green candle – open 1 more UP order – $5 => WIN
Opening the second UP order
After 2 orders, you gain a profit of $2.1. Profit ratio is $2.1/$50 = 4% of the balance.
Know where to stop
Do you ever have these questions as follows? If you lose both orders in a row, what should you do? The answer is “Stop!”. When the movements of candles do not follow any cycle, then stop. Keep your money.
On the contrary, if you win, you should also know where to stop. You may find that you have only earned a few dollars. But in fact, the profit you gain is several percentages of your total capital.
Reviewing on trading history in Olymp Trade
Some notes on how to trade in Olymp Trade
There are several principles for candlesticks. Choosing a good asset pair for trading is one thing, but to make money, you must master the principles of the candles and the color of the candles. This is to create the right strategy during trading in Olymp Trade.
Absolutely do not open short orders. You should never enter transactions with the expiration time varied from 1 to 3 minutes. Stay away from all things related to the short term.
Practice how to open orders in Olymp Trade via a DEMO account to improve your skills. Don’t open orders until you make sure that it is extremely accurate.
There are also some basic principles of capital management in transactions. If you deposit $50, then your maximum investment for each order should only be $5. 10% of your capital is the maximum amount for a single order.
The top-secret in trading is know where to stop. Stop even if you lose or win.
This article will guide you on how to register and login an account in Binomo trading platform quickly, simply and effectively. Why is it effective? Because if you’re not correct from the start, there will be a lot of trouble later on for you. This is the first and also very important step on your trading path in Binomo. Please take a close look at the following steps.
When the account registration window appears, fill in your account information.
1) Enter your email address.
2) Password
Fill in the registration information of your Binomo account
Then scroll down and select the items that include:
3) Currency for your account.
4) Agree to the security terms and warnings about Binomo’s risks. Finally, click on CREATE AN ACCOUNT.
Check your new account
After completing the account registration, the browser will redirect you to the trading interface. At this interface, you can check briefly on your newly created account including:
5) Currency.
6) 25% Bonus for your first real deposit within the first 30 minutes of opening an account.
Check your new account
To better understand the steps, you can check out the short video clip made by us below.
How to login your Binomo account
After completing the registration, if the browser doesn’t remember your account data, do the following steps to login.
Go to binomo.com
Click Sign In on the upper left of the screen
Click Sign In on the upper left of the screen
Enter your registered account information & click Sign in
Enter your registered account information
Some small notes you should remember
Prepare yourself an email (preferably in your name), a phone number (used for verification) before opening the account. Only one phone number and one email can be used for an account.
Do not register through the service of Facebook and Google. Create it your own, because if one day these services are no longer supported, you will have trouble logging into your Binomo account.
Summary
At this point, you basically have yourself an account to start trading in Binomo. You can try a few transactions in the Demo account to get acquainted with the interface. In the next article, we will show you how to verify and update your account information. See you soon and good luck.
Olymp Trade is one of the most popular online money-making channels in the world. Established in 2014, it now has more than 2 million investors participating. This article is for those who want to start trading in Olymptrade. I will guide in detail how to register and login to your Olymp Trade account.
Next, fill in the information such as Name, Email, Password, and phone number. If you just want to try out, don’t enter your real email. If you are serious about making money online in Olymp Trade, all the information registered here must be accurate.
How to register for an Olymp Trade account
In addition, you can quickly register an Olymp Trade account by entering Email and Password on the right side of your screen.
How to quickly create an Olymp Trade account
Go to your email and verify your account
Olymp Trade will send an email to verify your registered account.
Verify Olymp Trade account via email
After verification, you can proceed with trading on Olymp Trade Demo account.
Successful Olymp Trade email confirmation
How to login your Olymp Trade account
If the browsers don’t store your login data by default, do as follow. First, go to Olymp Trade homepage. Click Log in then enter the username and password you’ve just registered. Tick on I’m not a robot then click the blue Login box.
How to login your Olymptrade account
Notes during the account registration process
Email addresses and phone numbers are the two things that need to be most accurate. It affects later withdrawals and deposits to Olymp Trade accounts.
Within the first 1 hour, if you deposit money into your Olymp Trade account, you will receive a Bonus bonus of 30% of the total deposit.
If you do not have an IQ Option account, quickly sign up to receive $10,000 immediately. You can use this money to get used to the interface and test the trading strategies you like.
Do not let the opportunity pass. If you want to register, just click on the box below. It only takes 3 minutes to receive your IQ Option account.
How to sign up for an IQ Option account in 2 steps
Fill in the registration information
After clicking on the register box, a notice of account registration will appear. Please enter your email and password for your IQ Option account.
Enter your IQ Option account registration information
When you have filled in the information, you tick the box agreeing to IQ Option’s terms, conditions and privacy policy. Finally, click “Get started for free”.
If you are a close reader of howtotradeblog.com, you can sign up an account in the IQ Option column when trading any article. The quick registration section is on the right hand side of the screen.
How to quickly sign up an IQ Option account
Confirm email
Access to the email and confirm with IQ Option by clicking on “CONFIRM EMAIL”.
Confirm IQ Option account email
It’s done. Now you have your IQ Option account. Click “Trade Now” to start trading.
Complete creating IQ Option account
Go to Demo account to learn how to play and get familiar with the interface. The most important thing of the Demo account is to be able to test the ways you like to trade in IQ Option.
Learn how to trade with demo account in IQ Option
If you have any problems or questions when registering your account, please leave a comment below. We’ll help you as soon as possible.
You are an investor looking for reputable brokers. You want to find information about trading platforms such as IQ Option, Olymp Trade, Binomo. What is IQ Option? How does it work? How to deposit and withdraw money? This is the article that will give you the answer – The most detailed and objective review on this trading platform.
IQ Option is a leading online trading platform. It allows you to trade many financial instruments including digitals, stocks, foreign exchange, ETFs, commodities, and cryptocurrencies.
Founded in 2013, IQ Option has quickly become one of the most popular trading platforms in the world. It has over 48 million registered traders and more than 1 million transactions per day.
What is IQ Option?The most detailed introduction sheet on IQ Option
IQ Option trading platform
IQ Option does not use the same trading platform as other brokers. It has an exclusive custom-built trading platform, which is convenient for traders.
This platform is easy to use and beautifully designed. It also has many useful features including multiple charts layout, technical analysis indicators, historical quotes, volatility alerts, market updates, economic calendars, tournaments, etc. They are all descriptive in 17 different languages.
In the platform, The investors can trade a wide range of assets and financial instruments including:
– Stocks.
– Digitals.
– Options.
– Forex.
– Cryptocurrencies.
– ETFs.
– Commodities.
The interface of the IQ Option platform
(1) Select the pair of assets you want to trade as follows: EUR/USD, USD/JPY, AUD/USD, etc.
(2) The price chart with the following patterns: Japanese candlestick, Heiken Ashi candlestick, bar, and line.
(3) The candle time period: 1 minute, 5 minutes, 15 minutes, etc.
(4) Technical indicators used for chart analysis.
(5) The expiration time.
(6) Customizing the expiration time manually in line with your strategies.
(7) The invested amount for each order.
(8) Predicting the direction of the price: HIGHER (up) and LOWER (down) buttons.
Types of assets available for trading
IQ Option was originally just a digital broker. But now they have developed and provided clients with contract transactions on cryptocurrencies, ETFs, Forex and even stocks.
Types of assets available for trading
Stocks
IQ Option allows you to trade digitals with over 169 best-performing stocks without paying an opening fee. The minimum investment is $1 for stock digitals. The portfolio of stocks includes some of the world’s largest companies such as Apple, Tesla, Amazon, Boeing, and many others.
Forex
Forex trading is one of the most popular trading markets in IQ Option. The platform offers a very low trading fee (commission) for currency pairs such as EUR /USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD, NZD/USD, and USD/CHF Currently, there are 50 currency pairs used for Forex trading in the platform.
ETFs
IQ Option also grants you the ability to trade digitals on exchange-traded funds, also known as ETFs. An ETF is where many different assets are combined into one basket. There are 25 ETFs currently available for trading.
Cryptocurrencies
IQ Option allows you to trade digitals on 27 different cryptocurrencies including Ethereum, Bitcoin, Ripple, Neo, Cosmos, Binance Coin, Litecoin, Cardano, ZCash, TRON, Stellar, Iota, Dash, EOS, and Bitcoin Cash.
Commodities
There are currently 4 types of commodities including Silver, Brent Crude Oil, WTI Crude Oil, Gold.
Types of options trading and payout
Options
Options trading is a financial instrument. It pays fixed interest for an accurate prediction of the price of an asset for a predetermined time frame so-called expiration time.
Accurately predicting the price movement of an asset can yield returns of up to 95%. Options trading in IQ Option has a minimum investment of $1 and no brokerage fee. The expiration time fluctuates from 60 seconds to 1 month, chosen by investors.
Options trading
Digitals
Digitals trading is also a financial instrument. It lets you predict the price volatility of an asset. The payout for digitals can be up to 900% if the asset reaches the threshold specified by traders. The minimum investment for digitals is $1 and the expiry time is from 60 seconds to 15 minutes.
Technical indicators
IQ Option provides more than 15 different technical indicators. They help you identify trends, momentum, and entry points with a high probability of winning. In the indicators menu, there are many effective technical analysis indicators, including MA, Volume (exchanged), Bollinger Bands, Alligator, RSI, MACD, Parabolic SAR, Stochastic Oscillator, Great Oscillator, ATR, ADS, Fractal, CCI, Ichimoku Cloud, KDJ, DPO.
Technical indicators
Price chart
This is to help you get the most out of observing the exchange rates of the assets (currency pairs). IQ Option has designed and provided many price charts to help you build an effective trading strategy. Four price charts are available including Lines, Candles, Heiken Ashi Candles, and Bars.
Price charts
IQ Option app on smartphones
IQ Option offers customers the ability to trade digitals using their proprietary mobile application. The IQ Option app can work on both Android and Apple iOS operating systems. It is available for download through the Apple Store or on Google Play.
The application is easy to use with a streamlined and intuitive graphical interface. The application also has similar chart customization that you can find on the web platform.
By using the application, you can:
– Trade.
– Check your account status.
– Always update the movement of the market.
– Use chart tools
– Set custom alerts and notifications.
IQ Option app on smartphones
Types of accounts available for trading
There are 2 different types of trading accounts to choose from. Standard and VIP.
For standard accounts, only a minimum deposit of $10 is required. Unlike other trading platforms, IQ Option will not restrict your trading. You have access to over 350 assets for trading as well as 24-hour withdrawal processing. You also have access to a number of contests held on the platform.
VIP trading accounts are only available to customers depositing $1900 or more within 2 days. They include personal account managers, monthly reports on your trading records and 3% additional profit.
VIP account details
What is the IQ Option demo account?
Like many other platforms, IQ Option also offers you a free demo account including 10,000 virtual currencies. There is no limit. You can use the demo account for as long as you like.
This gives you the ability to test different trading strategies.
It also helps you familiarize yourself with the interface and operating mechanism before investing real money. If you run out of virtual funds in the demo account, then you can replenish them at any time to continue practicing.
Leverage
IQ Option has recently introduced a product called “Leverage”. The product basically works like a leveraged transaction in which the price movements of an asset are magnified by a multiplier. Leverage was originally generated with the idea of Bitcoin X 100. This essentially increases the price movement by 100 times, creating great opportunities as well as risks for traders.
Leverage
Forex trading
IQ Option is one of the only brokers in parallel offering digitals and Forex trading on its platform. Currently, you can do Forex trading with 49 currency pairs.
It also offers traders a variety of orders such as stop-loss orders to help minimize losses or maximize profit on trades.
Stop-loss order – This feature allows you to set the maximum loss accepted for a transaction. When this limit order reaches the amount of accepted risk, it will automatically close to limit your losses.
Leverage – This feature allows you to gain more profits through multipliers. If you set the multiplier exactly with the price movement, your profit will increase by 20 times, 50 times or even 100 times. This feature can significantly increase your profits. But it can also put you at greater risk.
Take-profit order – This feature is completely opposite to the stop-loss order. You can close a profit-taking transaction early or maximize your profits when the specified amount is reached.
Pending order – This feature allows you to enter the market when an asset reaches your exactly specified price. When the asset reaches that price, the transaction is executed automatically.
Forex trading in IQ Option
Prestige and awards
Over many years of operation, IQ Option has won many awards in the world for service quality and reputation. It is recognized by many reputable institutions as one of the best trading platforms in the world.
IQ Option is regulated by CySec which is registered in Cyprus under the company name “IQ Option Europe LTD”. This means they can serve customers in the country and around the world.
Depositing
The minimum deposit to open a real account is 10 USD or GBP or EUR. The platform does not charge any processing fees for depositing. For the first time depositing, you’ll need to go through an account verification process that may require your photo identification.
Depositing
To facilitate the deposit, IQ Option offers a variety of methods to deposit money into your account including credit cards (Visa and Mastercard) and online banking. This broker also accepts many different electronic wallets including Skrill, Maestro, WebMoney, Neteller, Cash U, and Moneybookers.
Withdrawal
The minimum withdrawal amount for a single withdrawal is $2. To make a withdrawal request, you need to use the same payment method as your depositing, because the transaction is processed as a refund. This means that if you recharge with your Skrill e-wallet, you must withdraw to your correct Skrill e-wallet address. Or if you recharge through online banking, you must withdraw to your online banking account used for depositing. As a rule, you can withdraw 3 times for free within 1 calendar month.
To withdraw money from IQ Option, you will need to verify your identity. This verification process may take up to 3 days. It is essential to prevent fraud and protect your account.
All withdrawal requests are processed within 1-3 business days. If you request a withdrawal of money to a bank card, it may take longer depending on the bank’s processing status.
Withdraw money from IQ Option
After reading this article, maybe your next questions are: Is IQ Option a scam? Can you really make money from this platform? To answer these questions, see you in the following article.
