According to Olymptrade, there is a risk management system on the platform, which means that liquidity providers cannot execute client trades under the desired conditions in some market situations. In such cases, OT temporarily restrict the user's trading opportunities by putting a limit on them.

Besides, according to Clause 1.5 of the Service agreement, the platform can adjust material conditions of trades and determine the optimal number of active trades a trader can open.

Now let's understand the limits as per traders experience:

First of all, the limitation happens automatically. There’s a system that analyses trader’s activity and acts if risky or aggressive trading takes place.

Secondly, limitation is a signal about reckless trading, like risky and overexcited trading. The thing is, according to financial experts normally you are not expected to use more than 10% of your existing balance per trade (1–2% according to the client’s support of OlympTrade).

Also, if you are trading a 1-minute time frame, you may expect a trade limit.

The idea is they want your risk to be not too big to affect your emotion and prevent you from losing out.

There are some rules on the limit on Olymp Trade that can be expressed as follows;

Always limit your balance. Don't trade with the total balance. Never use more than 30–40% of all of your funds.

You will get an automatic flag as risky traders.

Is it reasonable? 

Yes, this is very reasonable. Back years ago when I still learn how to trade properly, the lessons always push me to do money management. 

Limits due to fund amount

I made a trade with 70% of my fund in the account and I lost, then it was very little chance to cover my lost. Later I deposit and made a trade with 10% of the deposit amount, I lost but I could cover the lost and made profit in 2 trades after.

So for Olymp Trade to limit transaction for traders who doing risky trades like I did, it helps, because we might be confident on out strategy but sometime we ignore the money management.

Let say your fund is $100. You are strongly suggested (some of the lessons even use strict words) to use a maximum of 20% of your funds. This is back to the fact that there are NO 100% ACCURATE indicators in Binary or Forex Trading, so it is easier to recover from $20 if you still got $80 left in your account.

Then the binary options is very known to everyone now. It is so easy to click and get a result in after 1 minute. Very different from back there when there are only very few platforms to use for trading. Now, the effect of making everything easier is also bringing negative aspects where traders forget the importance of money management. They tend to find the instant results of trading, put all of their funds, and hoping for a quick return of investment.

Olymp Trade limits due to low % of profit

To open a trade with any assets or currency pairs which have less than 60% profit, it’s risk because we can loss 100% of the fund but can earn only 60%. If you continue trading with the assets or the currency pairs that have less than 60% profit is risk for the traders to be successful in their trader’s goal.

Limits due to trading digital currencies

To trade fluctuation assets or currency pairs may cause trade limits, especially trading on weekend and trading digital currencies.

Thus, Olymp Trade put a limitation to force new traders to learn money management.

Why Olymp Trade put such an annoying feature?

Well, OT can remove the limit and get more profit from those innocent newbies who go all-in with their funds. It is a win situation for Olymp Trade and experienced traders, but a lose situation for newbies. Hundreds of traders put up a video on YouTube or post on Facebook saying that they lose all of their money due to the analyzing miscalculation and go for 50%, 75%, and even go 90% or all in ….and cannot recover.

Oh the pain, the tears. I’ve been through that as well. Well, back in my learning days before learning the importance of money management.

But instead, Olymp Trade chooses not to become greedy applications but stop the traders who put a huge risk on their account.

But if Olymp Trade wants to stop trader of getting loss trade, why they don't put the limit when trader after gets a loss, or prevent trader to execute an action/open position if it will going to be a loss trading? Why they instead put limit after the trader profit?

Really? You using this argument? Let’s talk about this kind of opinion that regularly flying around in groups or forum

Why Olymp Trade don't give limit if trader loss: didn't the trader suffer enough from the loss? 

Why another punishment? Are there harder punishment for careless traders harder than getting their funds gone?

Why Olymp Trade didn't prevent trader execute an action if they want the trader to be successful: and bypass their terms and condition where they stated every action is trader’s full responsibility? And if you want signals to prevent you from losing, what you need is an automated signal or forex bot. Even forex bot has their critics; “why this bot put a position while the signal clearly says it is a loss position?”

Why they put limit after the trader gets a profit: It’s a way of Olymp Trade saying “okay you were taking a risky step, but anyway, this is your profit. And let me warn you for your good, I am limiting you for several days. Please change your way of trading, based on the fundamental of trading”

Another rule that Olymp Trade uses to evaluate risky trading is…

Don't bomb your opening position

This is regular laziness that comes from the easiness of the platform. Instead of changing the position price from $1 to $10, the trader will push the $1 button ten times.

This is calculated by Olymp Trade algorithm by “aggressive trading” because traders open positions again and again and again. Of course, you will get flagged as a risky trader using this way of opening a position.

You can click the price and change it

Com'mon my dude, it only took just 5 seconds to change this from 1 to 10

So that’s it my awesome dudes, is why actually Olymp Trade set up a limit is actually a good thing for yourself.

If you get limit $2 per day and limit of 1 week, you have 2 options;

Lay low for 1 week. Rest yourself from using Olymp Trade

Follow the rule, trade $2 per day with long timeframe, i.e 10 minute. The system might re-evaluate the trader’s behavior and can reduce the limit from 1 week to several days.

Unfortunately, OlympTrade cannot manually remove the limit, but you can change your different trading style by reducing the investment amount or choose another asset to trade on.

Limits are one of the fundamentals of trader's financial security. An integrated approach to this issue enables to fulfill obligations to traders without letting them risk their funds.

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