Account Minimum: $0
Trading Instruments: Stocks, Options, Forex, Crypto, Commodities and ETFs
Fees & Commissions: $0 for stocks, $0.65 per contract fee for options
Olympus4X ranks high among low cost brokers in the market today. However, the lower fees and competitive margin interest rates are not the only attributes that place Olympus4X ahead of many reputable brokers in the industry. Here are the main highlights of Olympus4X.
- Lower fees and margin interest
- Access to various trading instruments
- An intuitive mobile app
- 24/7 customer support
- Rich teaching material
- Limited Customizability
- Services are not available in some regions
Olympus4X top advantages
Olympus4X generally offers several perks to attract different types of traders and investors to its platforms. However, the main benefits guaranteed to all Olympus4X customers are as follows.
Lower fees and margin interest
Olympus4X is undoubtedly an excellent choice for low-cost online investments. The broker has raised the most common brokerage fees, including account minimums, domestic transfer fees, verification fees, and monthly inactivity fees. Also, you can trade stocks for free with Olympus4X. Their margin rates vary by asset class and transaction size, but are generally below the industry average.
Access to various trading instruments
Olympus4X also offers extensive investment products for short-term traders and long-term investors. They offer a mix of high growth asset classes and fixed income products available to all clients. This gives you the freedom to choose the instruments that best suit your investment goals.
An intuitive mobile app
This broker’s mobile app is an integrated platform with user-friendly tools and features that simplify the whole trading experience. The app offers robust tools and features that allow you to review assets, place multiple orders, review your portfolio, live stream data, and much more from a single account.
Reliable customer support
Trading with Olympus4X also runs smoothly due to the 24/7 customer support. Customers can freely interact with the customer support team via phone, email and live chat. The team usually has shorter response times, which brings more convenience to all Olympus4X customers.
For whom Olympus4X is best suited
Olympus4X emphasizes low-cost online investing, but also offers various trading tools, an intuitive mobile app, and reliable customer support. It is mainly ideal for beginners, passive investors and retail traders. However, institutional investors can also take advantage of the above benefits to maximize their investments.
Olympus4X’s product offering is not as robust as that of other experienced brokers. However, it offers an extensive range of asset classes and other products for different types of traders and investors. Olympus4X says they regularly update their offering list to include more asset classes based on customer demand.
Here are the tradable products on Olympus4X.
Olympus4X offers long and short stocks, major currency pairs and a wide range of cryptocurrencies and commodities. The products are available to all customers regardless of their level.
While Olympus4X supports three trading platforms, its mobile app is the highlight that streamlines the experience for both novice and advanced traders. The mobile app has robust tools and features with a simple and intuitive design suitable for all types of traders.
Olympus4X mobile app is an integrated platform that allows you to perform various trading functions from a single control panel. It supports multiple features including portfolio analysis, charting, live data streaming, research, watchlists, screener, calculator, price alerts, multi-leg options and news.
What are the fees of Olympus4X?
Olympus4X is one of the top rated low cost brokers in the industry. Aside from their commission-free stock trading, Olympus4X also exempts its clients from paying account minimums, verification fees, domestic wire transfer fees, and monthly inactivity fees. Other transactions will incur different fees and margin interest rates. However, Olympus4X has some of the most competitive spreads that are below the industry average.
Olympus4X also offers extensive educational material for all types of investors. The materials cover various online investment topics and are available in multiple formats for ease of use. The broker’s clients can access tutorial videos, infographics, market reports, and expert commentary. The resources help remove the most common barriers to online trading and reduce risk for customers.
Disclaimer: This is sponsored marketing content.