Statuses - All you need to know!

3 min. readlast update: 10.22.2024

View this article on full screen at this link

Types of Statuses

In Olymptrade, statuses are the classifications of trading accounts. The higher your status, the more trading privileges you have. You can obtain a Starter, Advanced, or Expert status.

Starter

Advanced

Expert

Status granted after registration, unlocking access to standard trading conditions. This status is ideal for new traders. 

This status provides enhanced trading opportunities and is ideal for traders seeking to fast-track their progress.

The highest status offers the best trading conditions, advanced tools, and numerous benefits. It's the status of the most skilled traders.

How to upgrade your status?

You can upgrade your status to Advanced or Expert by depositing and accumulating XP on the Trader's Way. You can also buy the status on the Marketplace.

🤑 First

deposit

Get Advanced status by depositing $500 to your fiat account or Expert status by depositing $2000.

Get your status at a special price with a USDT account! 

Deposit $100 into your USDT account to get Advanced status or deposit $500 into your USDT account to get Expert status. 

Check out this article to get started with your USDT account!

💹 Trader's Way

You upgrade your status by accumulating Experience Points (XP) on the Trader's Way

When you close deals and participate in our events and referral program, you earn XP. Accumulating XP will bring you closer to the next level in the Trader's Way.

Learn more about the Trader's Way in this video

🛒 Buy your status 

You can also get Advanced status for a monthly subscription of $98 and Expert status for a monthly subscription of $399.

You can buy your status from the Market in the 'Trading Conditions' tab by depositing new funds or using your trading balance. 

Read more about the Markeplace here

Status duration

A status is valid for 30 days after its activation. During this time, you can "save" your current status by accumulating the necessary XP.  

You can keep your Stater status indefinitely - it's your account's default status. To keep your Advanced status, you need 35000 XPs. To save your Expert status, you need 160,000 XPs.  

Your profile shows how much time and XPs you have left to extend your status.

You must obtain the 'Maintain Status' reward to extend your status. For Advanced status, it is at level 8. For Expert status, it is at level 5.

Ready to take your trading to the next level?  Unlock premium statuses  for the ultimate trading experience! 💚

Read more about the benefits of each status in this article.

If you found this article helpful, don't forget to hit 👍!  

Was this article helpful?