Leverage 1:500 Olymp Trade Trading Brokers with MetaTrader 4 (MT4)

May 25, 2023 74 0

Olymp Trade seeks to create the most favorable conditions for its customers using not only the Olymp Trade platform but also MetaTrader4. It is MT4 that our traders often refer to as their starting growth point due to the amazingly diverse program functionality.

We continue to develop support for MetaTrader 4, and have recently taken a number of important steps to make the use of the platform more profitable and comfortable. In this article we will elaborate on these steps and remind you about some attractive features of MetaTrader 4.

The Main Page

This news will be useful to those thinking whether to choose MetaTrader 4 as the main platform. We have redesigned the main page to make the information even clearer and better structured.

By going to metatrader.olymptrade.com, you can now immediately learn about all the main perks of the platform and open an account.

Increase the Leverage

The maximum leverage value for Standard and ECN accounts has increased to x500. This means that every $1 you invest will bring you a profit of $500 if a trade is successful.

Let us remind you that traders can choose the value of the leverage they are going to use. There are 8 options available — from x1 to x500.

Leverage 1:500 Olymp Trade Trading Brokers with MetaTrader 4 (MT4)

Changes for ECN Accounts

ECN is an electronic network used for order execution. This account type offers a tight spread (starting from zero points) and very small commissions for opening a trade. The minimum deposit for an ECN is $200.

Such terms are really profitable for trading, especially if the leverage is high. The most successful traders of the company choose this account type.

If you want to enjoy any trading style, especially scalping, and not to miss profitable moments because of the commission size — open an ECN account. This way you will join the “club” of traders who make the right decisions.

New Currency Pairs

We have added AUD/CAD and USD/HUF currency pairs to the MetaTrader 4 list of assets.

AUD/CAD is the exchange rate of the Australian dollar against the Canadian dollar.
USD/HUF is the exchange rate of the US dollar against the Hungarian forint.

Why these assets? Volatility is the reason. The quotes of these assets change quite intensively, which is advantageous for short-term traders.

Recall the Benefits of MT4 +

One of the main advantages of MetaTrader 4 is that there are several versions you can use: a full-fledged application for Windows and MacOS, a web terminal, as well as mobile versions for Android and iOS.

We recommend that you master the full desktop version from the very beginning. In this version you can simultaneously monitor many charts, add new indicators and even use robots.