Olymp Trade - Standard Account
About the Standard Account of CFDs, Cryptocurrencies, Forex (Web Trader/No Dealing Desk (NDD)) offered by Olymp Trade.
Type and Conditions
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General Trading Conditions
By opening an Standard Account with Olymp Trade, you can trade CFDs, Cryptocurrencies, Forex through Web Trader trading platform.
Mainly Olymp Trade Standard account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:500, spread is Floating from 1.0 pips.
Available Base Currencies
The account bsse currency is only available in EUR (Euro), INR (Indian Rupee), USD (US Dollar), USDT (Tether).
Negative Balance Protection
Olymp Trade adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Standard Account, Margin call is 100 and Stop out is set to 100, so all your positions will be automatically closed when the margin level reaches down to 100.
Allow Trading Strategies
Olymp Trade allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Standard Account.
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