FAST FACTS
Account Minimum: $0
Product Offerings: Stocks, Crypto, Forex, Bonds, Mutual Funds, and many more.
Fees: $0 for stocks
Overview
Olympus4X is a popular name in the online brokerage industry, attracting a wide range of retail traders and institutional investors. The broker emphasizes a broader selection of investment products and multiple trading platforms that enable every investor to pursue their preferred investment strategies. Getting started is relatively easy and straightforward due to their zero account minimums and low pricing. However, the broker also falls short in some areas that could impact your trading experience.
Pros
- Extensive educational resources
- Multiple trading platforms
- A broader selection of investment products
- Excellent client support
- Low fees and commissions
Cons
- Not available in some countries
- The mobile app is currently undergoing improvements
Pros Explained
Extensive educational content
Find robust investor education programs for all types of traders. The content covers investment topics, industry reports, and tutorials for beginners.
Multiple trading platforms
Multiple trading platforms enable traders to quickly choose the most suitable platform that matches their skills and needs.
A more comprehensive selection of product offerings
Users boasts extensive product offerings that comprise numerous traditional assets, new asset classes, and other unique investments with fixed incomes.
Low fees and commissions
Look for low account minimums and other standard fees. The broker also supports free stock trading, with subsidized spreads for other trades.
Excellent client support
Research online for reliable customer support, with shorter response times that help you to get around their platforms quickly.
While the broker currently attracts clients from multiple countries, their services are inaccessible in some regions.
Mobile app is undergoing improvements
Mobile app is an intuitive platform that simplifies trading for beginners and casual investors. However, it is currently undergoing maintenance and may not provide all the tools and functions.
Trading Platforms
More user experience has seen them deliver multiple seamless and easy-to-navigate trading platforms. The broker supports desktop, web, and mobile versions, with nearly similar tools and functions to streamline the user experience.
The platforms feature robust pre-built and customizable tools that let you optimize the platform to fit your specific needs and preferences. The broker’s desktop, web, and mobile trading platforms have custom dashboards and modules that allow you to choose how to view your account balances, watchlists, news, RSS feeds, and other kinds of data.
You also have access to several other trading tools and amenities including screeners, tools and calculators, trading idea generators, charting, news, research, and real-time data streaming. The web and mobile platforms are ideal for novices, while the desktop version offers top-tier tools for advanced traders.
Product Offerings
Extensive selection of investment products that allow investors to pursue their preferred investment strategies. The broker’s portfolio comprises a broader selection of asset classes and fixed income products under one roof.
- Long and short stocks
- Forex
- Crypto
- Bonds
- Mutual Funds
- Commodities
- Futures
Big brands addsnew products to its list of offerings to allow its clients even more options.
Order Types
Place multiple order types, including the standard limit, market, stop limit, and trailing stop orders. You can stage the orders for later execution one by one or in bulk. However, advanced order types such as OTO, OCO, and OTT are only available on desktop version.
Costs
Seek reduced fees and commissions over time, allowing clients to trade stocks for free. Besides, the broker does not charge account minimums, closure, or transfer fees. While the margin interest rates vary, spreads align with industry standards.
Education
Cutting-edge investor education programming for all types of investors. The materials comprise videos, articles, industry reports, webinars, and online courses to help traders to make the most of online investing. Online rading platforms also provide analysis tools, calculators, and research functions to boost client education and the overall user experience.
Disclaimer: This is a sponsored marketing content.
Author Profile
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Deputy Editor
Features and account management. 3 years media experience. Previously covered features for online and print editions.
Email Adam@MarkMeets.com
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