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The 9 Best Binary Options Brokers to Try in 2022.

It’s no secret that binary options trading can be a lucrative way to earn money.

With just a $5,000 initial investment you could potentially make $1 million or more!

But how do you get started if you have never traded before?

Apart from the trading capital which is often only $10 in most binary options trading platforms, what else must you have?

Yes, you guessed that right.

You need a trading account.

And there are very many binary options trading accounts to choose from on the internet.

The only problem is, these brokers are so many brokers that it can feel overwhelming when trying to find the right one for your needs.

To help you with that problem,

We’ve reviewed all of the leading brokers of 2022 so that you don’t have to go through the hard work of finding them yourself.

We analyzed each broker based on factors including minimum deposits, payouts, regulation, asset selection, customer service, and trading.

I hope you find the binary options broker that fits your needs when you are done reading this post.

The 9 Best Binary Options Brokers to Try in 2022.

  1. Iq Option
  2. Expert Option
  3. Pocket Option
  4. Binomo
  5. Deriv.com
  6. 24Option
  7. Ayrex
  8. Binary cent
  9. Nadex

a). Iq Option

Iq Option is a binary options broker that was founded in 2013.

The company is headquartered in Cyprus and is one of the most popular binary options trading platforms of 2022.

Iq Option has a minimum deposit of $10 and offers returns as high as 92%.

They offer a wide variety of assets to trade, including stocks, indices, commodities, and currencies.

Other than being an easy-to-use trading platform, having advanced analytics features, and offering the most financial instruments to trade in the binary world, Iq Option also offers its customers a free demo account and pays out promptly.

Visit Iq Option BrokerRegister a Demo Account

b). Expert Option:

You can not talk about the top three binary options platforms in the world and fail to mention Expert Options.

Expert option is one of the best binary options brokers to try when it comes to social trading accounts.

The company was founded in 2014 and they are headquartered in Saint Vincent & Grenadines.

They are one of the most trusted brokers in 2022 and they offer their customers a wide variety of assets to trade, including stocks, indices, commodities, and currencies.

Expert Option offers its traders two types of accounts: a demo account with virtual funds (free) for practice trading before you deposit any money; a live account where the real money is at stake and the payout can go up to 95%.

What makes Expert Option a good choice for beginners who want to start trading in 2022 is its trading interface (clean and easy to use), deposit bonuses of up to $1,250 for high deposits, and the available trading materials on the platform that will help you get started as a beginner.

Visit Expert Option BrokerRegister a Demo Account

c). Pocket Option:

Pocket Option was founded in 2017, making it one of the youngest binary options brokers on this list.

The company is headquartered in Cyprus however, it’s also probably the only broker in this list that accepts traders from the US. Perhaps the reason why their minimum deposit is also the highest on our list ($50).

On the brighter side, the minimum trade amount in Pocket Option is only $1 and for every win, you get a rate of return of up to 91%.

Lest I forget, you can also fund and withdraw money from Pocket Option via 50 different payment methods.

  • Minimum Deposit: $50
  • Minimum Trade: $1
  • Demo Account: Yes
  • Underlying Assets: 100+
  • USA Accepted: Yes

Visit Pocket Option BrokerRegister a Demo Account

d). Binomo:

Binomo is another young binary options broker that was founded in 2015.

Just like the other brokers that we have mentioned previously, the company has a wide variety of trading assets, including stocks, indices, commodities, and currencies.

They offer an easy-to-use interface for their customers which makes it one of the most popular online platforms in Asia and beyond.

You can fund your new Binomo account with a minimum of $10 and get returns as high as 91%.

The best part, Binomo works even on the weekends.

Visit BinomoRegister a Demo Account

e). Deriv:

If you want a platform that is popular everywhere in the world has more assets to trade and can be accessed on various platforms then Deriv.com is what you are looking for.

On the Deriv platform, you can use different trade types to trade on your preferred markets

Some of which include:

  1. CFDs – Trade with leverage and tight spreads for better returns on successful trades.
  2. Options – Earn fixed payouts by predicting an asset’s price movement within a fixed time.
  3. Multipliers- Get the best of both – the upside of CFDs with the simplicity of options.

Derive is right for you as a beginner trader because it also offers Forex, stocks, and indices, synthetic indices, and commodities.

3 simple steps to get started with Deriv.

Practise

Open a demo account and start trading for free. Practice with an unlimited amount of virtual funds.

Trade

Open a real account, make a deposit, and start trading for real. Trade forex, indices, commodities, and more.

Withdraw

Get your funds quickly and easily. We support a variety of withdrawal options.

  • Min. Deposit: $5
  • Minimum Trades: $1
  • Demo Account: Yes
  • USA Accepted: No

Visit Deriv.comRegister a Demo Account

f). 24Option:

24Option is an established binary options broker that was founded in 2009.

The company has a clean and user-friendly trading interface, fast withdrawals (and deposits), a low minimum deposit of $200, and they pay out promptly every time you make money with them.

One more thing to note about 24Option is that it’s regulated by CySec (a European regulating body) which means that it’s one of the few brokers on this list to be regulated.

g). Ayrex:

Ayrex is a binary options broker that was founded in 2014.

The company has a low minimum deposit of $135, and traders can start trading with as little as $5 per trade.

Ayrex also offers one of the highest payouts in the industry, and they offer a free demo account so you can practice before risking your own money.

h). BinaryCent:

BinaryCent is a binary options broker that was founded in 2016 and is located in Vanuatu.

The company has a low minimum deposit of $250 and it also works in the US, Canada, Australia, and the UK.

If you are just starting to trade and you want to conserve your trading capital by investing bits of your money then this might be it for you.

The minimum deposit on BinaryCent is $0.01 which makes it the binary options broker with the lowest trade amount in this list.

  • Minimum Trade: 10 cents
  • Min. Deposit: $500
  • Deposit Bonuses: 20-100%
  • USA and UK Friendly: Yes
  • Leverage: Up to 1:100

i). Nadex:

Nadex is the last broker on this list and it is was founded in 2004.

The company is based in the US and it’s regulated by the CFTC (Commodity Futures Trading Commission).

Nadex offers binary options on stocks, indices, Forex, commodities, and economic events.

One of the coolest things about Nadex is that they offer binary options on bitcoin too.

The company has a minimum deposit of $250 and it also offers a free demo account.

And if you ask me, they are safer than most brokers offering binary options in 2022.

What are binary options?

Binary options are a type of investment where you predict whether the price of an asset will go up or down.

If your prediction is correct, then you make money. If it’s incorrect, you lose money your investment (0nly).

That’s all there is to it!

Why trade binary options?

Binary options brokers offer traders an accessible way to make money in binary options.

If you can correctly predict the direction of an asset’s price movement, then you will make a trade and earn your investment back plus some extra.

The minimum deposit on most brokers is $5 only (which is affordable) and the minimum trade amount can be as low as $0.01 only.

In other words, you don’t need a lot of cash upfront, and there are no complicated charts or graphs involved.

All you have to do is predict whether the price of an asset (currency pairs – EUR/USD) will go up or down within a certain period time frame and you win.

For example, binary options on the EUR/USD are traded in 1-minute intervals.

What does it take to be a successful binary options trader?

1. Learn how to trade on a demo account

The most important thing to becoming a successful binary options trader is to first learn how to trade on a demo account.

A demo account allows you to trade binary options with virtual money instead of real money.

This way, you can get comfortable trading the platform and making trades before risking your own hard-earned cash.

Most binary options brokers offer a demo account so you can practice trading binary options with no risk.

When you are ready, move on to a real money account.

2. Do technical analysis to find the best entry point.

Technical analysis is a method of analyzing price movements to determine future trends.

There are many technical indicators that you can use to help predict future price movements, such as the Relative Strength Index (RSI), Moving Averages (MA), and Bollinger Bands.

You don’t have to be a binary options guru to use technical analysis to find the best binary options entry point.

You just need to know how to add them to your charts and how to read them.

If you have the know-how, then technical analysis can help you trade more accurately and help you make profits with binary options more often than not (at least).

3. Practice risk management.

Risk management is the practice of never risking more than you can afford to lose.

You should always risk a small percentage (a fraction) of your account on binary options trades – regardless of if it’s your first time trading binary options or if you have some experience with binary, you should do this.

For example, let’s say you have a $1000 binary options account and your binary options broker has a minimum trade amount of 0.01 (which is common).

Other methods that you can use to manage risk in Olymp Trade include: –

  • Martingale method
  • Parley method
  • Risk to reward

Among others.

4. Keep a trading journal.

A trading journal is a great way to track binary options trades and see how well you’re doing.

It’s also an easy way to keep track of your binary options trading strategy because it helps you remember the entry points (what time did I buy?), exit points (at what point did I sell?) as well as market conditions (how did the binary options market move against me?).

Keeping a trading journal is easy to do and can help you become more successful as a binary options trader.

And it’s even easier if your binary broker offers an app that automatically saves all of your trades (such as those offered by IQ Option).

All in all, there are many binary options brokers to try in 2022.

What matters most is finding a trading platform that you are comfortable with and can trade easily on – one where the minimum deposits, payouts, regulation, asset selection, customer service, and trading platforms meet your needs.


*Disclaimer:

The information provided does not constitute a recommendation to carry out transactions. When using this information, you are solely responsible for your decisions and assume all risks associated with the financial result of such transactions.
******

. olymp tradeTry Trading | Register demo account


Profitable Business Ideas in Kenya That Will Make KES. 2,000 Daily in 2022

How much do you love the idea of starting your small profitable business in Kenya in 2022?

A business that can make you 50,000 shillings monthly or KES 2,000 daily & you still get to work on your own terms, schedule & in most cases; with no starting capital?

Have you considered how many such options you have – to either improve your personal finances; enhance your savings plan or even jump to financial freedom?

Well, in this post we will discuss some profitable small businesses in Kenya that you can start for profits, as a side hustle, or as a fallback for when you retire or stop working.

Most of these small businesses are profitable, require little or no capital to start, and can be done from any part of the country.

Are you ready?

Here goes;

Business Ideas That Did Well in 2021

Did you know that the most profitable business in Kenya that most people started in 2021 were;

1). Bakery stores.

The bakery business did well in 2021 because most people now prefer buying ready-made food especially pastries & bread as opposed to baking themselves.

Bakery business was also one of the best small businesses to start in Kenya in 2021 because it’s easy to start, you don’t need a lot of capital and most importantly; it doesn’t require a lot of time or effort if you know what you are doing.

Is this business still viable in 2022?

Yes!

Bakery stores will remain the best business in 2022 because of the same reasons.

People are still buying pastries & bread from bakeries, and if you can just come up with a store in 2022, you’d still find a market to serve.

2). Fruit vending.

This is another lucrative small business that you can start in Kenya without much hassle.

In 2021, most fruit vending businesses did well because of the increase in demand for fruits & vegetables.

The good thing about this business is that you don’t need a lot of money to get started, and it’s very easy to manage provided you have a good plan.

3). Brick Making.

This is another business that you should consider starting in 2022 if you want to make some good money.

In 2021, brick-making was one of the most profitable businesses in Kenya because there was a high demand for bricks due to the construction boom.

In 2022 there are still thousands of people building new houses. And guess with what; bricks.

4). Professional cleaning services.

This is one of the most profitable small businesses to start in Kenya in 2022.

In 2021, there was a high demand for professional cleaning services, especially in homes & offices.

The good thing about this business is that you don’t need much capital when starting up and it also doesn’t require any complicated skills.

among others, these were the untapped small businesses that Kenyans made a lot of money from.

2022 yet brings other smaller yet scalable and profitable business ideas to pick and start as soon as January 1st, 2022.

Best Business Ideas 2022

1. Start Selling Shoes-and-Handbags. 

Just to be on the same page, this is a profitable business that I have done for almost three years now. And in all honesty, it pays.

To bring you to speed on my involvement, I started selling shoes when I lost my first job as a sales manager at company X.

You don’t find so many people switching off from employment and sticking to business after getting addicted to salaries, but I did.

I started my first shoe store in Kisumu – in Fontanella Market Shop number 3 A – With the name Jakes Footwear on Facebook – Now Kisumu City Business Club.

Like all startups, there were no sales at inception. I felt frustrated to the point of giving up after operating for about 2 months.

Then a miracle happened.

Or maybe, I was overworking. Jake’s Footwear started getting hits and orders. I guess it’s because of our new sales strategy that put vigorous Facebook marketing in the middle of all our online campaigns.

In 2017 we made KES. 1.8 M in sales.

It is hard to believe that we (my wife-and-I) started the business for less than Ksh. 20,000 though.

Here are our sample products as seen on our Facebook page in 2015: –

Profitable business ideas in Kenya

If you intend to get into the shoes and bag sales business in Kenya; get it from me – it is profitable.

Start writing your business plan today.

2. Trade With The Olymp Trade Trading Platform on Your Phone.

If I’m neither running errands nor writing on this blog or others, I’m trading Fixed Time Trades with Olymp Trade. Do you know what trading is?

It is the action of buying or selling goods and services as put by google dictionary.

Profitable businesses in Kenya

Except, if you are trading on the financial markets what you will be buying and selling is not referred to as a good or service but an asset.

Olymp Trade has 5 assets that you can choose to trade. Namely:- Currency pairs, Commodities, Stocks, Cryptocurrencies, Indices among other assets.

From my experience, trading Fixed Time Trades is the easiest way to make money online because: –

  1. There are ready training materials to start you off – Read – Olymp Trade for beginners to learn the basics of trading and how to execute your first trade.
  2. The investment amount is tiny. It is $1 at Olymp Trade and you will walk away with 92% in profits if your forecast is correct.
  3. The deposit amount is tiny. Only $10 if you want to trade with real money.
  4. When you open a new account you get $10,000 training units. You can use these demo units to sharpen your trading skills for when you want to trade with real money.
  5. You can trade from anywhere within the country.
  6. It’s a fun and convenient way to make money online.

If you want to start trading in 2022, use this form to create an account.

 

Note that if we trade together you can make a minimum of KES. 2,000 daily and we will trade for under 30 minutes daily.

Learn more about Olymp Trade.

Here are my winnings from Olymp Trade.

Watch and subscribe to our YouTube channel to get notified when we update more videos.

3. Affiliate Marketing in Kenya.

profitable business ventures in kenya - Affiliate Marketing

Affiliate marketing is another popular and profitable business that so many people did in Kenya in 2021. 

If you want to start a business in Kenya at zero capital then I’d gladly point you in the affiliate direction.

As an affiliate marketer, you only need to have friends on WhatsApp, Twitter, Facebook, Instagram (any social network) name it, and to be willing to introduce new products to these people for payment.

When they buy.

Great companies like Jumia and Kilimall already pay millions to affiliate marketers in Kenya and in other African countries. Myself included.

If you missed it, here’s how I make money promoting affiliate products on Facebook Groups.  

Interestingly, it pays more than you will ever earn on your best salary job.

Here are a few affiliate companies to open accounts with to start making money online.

  1. Kingfin Affiliate (If you want to promote Forex Products).
  2. Kilimall Affiliate (For all the great products which you’d wish to sell on Facebook).

Remember, with affiliate marketing, you will earn even when you are sleeping.

Provided people buy products through your links.

To turn this profitable business venture into a full-time job, create a WordPress website for free to promote products on your website too.

4. Start A Hardware Store.

profitable business in kenya - Start a hardware store

Do you know how to start a hardware store business in Kenya?

Never mind, here’s what you need to know: –

Owning hardware is a sign of success.

In fact, if you are a rich man in Kiambu, chances are you own a pick-up vehicle, own a coffee plantation but most importantly; have a hardware somewhere in town.

So, what goes into starting a hardware store?

Is it the business startup overheads or the inventory or both? 

I recently asked a friend who works for Jubilee Jumbo Hardware – the biggest hardware supply store in Western Kenya. And this is what he said, “Both”.

To save you the trouble of research, my friend also said that KES. 200,000 was enough for the startup.

You will get most of the materials on consignment deals – if your business is registered.

However, you’ll need a great location within your estate or town to meet your daily targets of Ksh. 10,000 a day in profits.

Best Businesses to Start in Kenya -Join The Motorbike Transport Business.

profitable businesses to start in Kenya 2019 - boda boda business

Boda Boda or motorcycle transport business is another profitable business to start in Kenya and earn handsomely. 

If you ride your bike yourself there is a certainty that you will make 1,500 shillings daily in passive income.

However, you can give it out to Boda Boda riders within your town-and-make KES 500 daily. Your choice.

Second-hand bikes go for as low as KES 30,000 on OLX.

5. Best Businesses to Start in Kenya – Start a Fast Food Business in Kenya.

Starting a fast food business in Kenya needs very little money. 

As a matter of fact, 1,000 shillings is always enough -and- if you sell everything that you’ve made for the day, you can end up with at least Ksh. 600 in profits.

And remember, making great food is key to customer retention.

As proof of concept, read the story of Winnie Angaya – a 28-year-old who started her food business in Kenya With Ksh. 1,000 Only -and- she now earns KES 100,000 plus monthly.

6. Best Businesses to Start in Kenya – Start a Tents For Hire Or Tents For Sale Business. 

profitable businesses to start in Kenya

By now you must be asking how many businesses I have or operate.

The answer is, I run anything I can get my hands on. Tents for hire -and- tents for sale is just one of them.

But how much do I make monthly -and- what was my initial investment?

At the moment I have 4 double pyramid tents. Like what you see in the picture.

A single pyramid tent -and- a gazebo tent.

It cost me KES 450,000 to start up the business in May 2018. 

That’s because the cost of making a double pyramid tent is KES 80,000, KES. 55,000 for single pyramid tents -and- 35,000 for gazebo tents.

The rest of the cash went into paying rent for our place in Kisumu – along Nairobi road – Nyamasaria- Opposite KAG Church.

Mostly, all the tents go out for hire at least 4 times a week bringing in KES. 52,000 weekly.

If you are interested in this business Venture, contact me on 0708655398.

And we will not only make for you quality tents for the best price but guide you through doing the business.

7. Buy Wholesale Clothes in Eastleigh Nairobi-and-Sell at Retail.

If starting a cloth business in Kenya in 2022 is what interests you then you may want to know that the best place to get your supply is Eastleigh.

However, you may also want to explore other supply stores in OTC Nairobi, Kamkunji, Gikomba, The stage Market among other places known for cloth supplies in Kenya.

An interesting insight about this business is that it leaves larger margins of profits making it OK to sell at least 3 pieces to earn KES. 2000 daily.

You can use Facebook to promote your products if you don’t already have a physical store.

Plus, it saves on startup costs.

8. Join Rideshare If You Have a Car.

In case you have a car, use it for rideshare and earn money driving.

Join Uber, Taxify, Mondo; name it and make money while at it.

If you don’t like the rideshare terms, advertise your car for hire services on PigiaMe or your social networks and wait for clients to call.

I doubt you won’t make KES. 50,000 monthly if you are persistent.

9. Start Poultry Farming in Kenya.

Chicken farming - profitable business to start in Kenya

What’s the cost of starting poultry farming in Kenya?

If you have a capital of KES. 20,000 and you would like to start a reliable business with guaranteed profits then poultry farming should be at the top of your list.

Decide to either go poultry farming in Kenya Kienyeji or exotic. But if you ask me I’ll say, go Kienyeji and start small. Each chick goes for KES. 100.

You can either buy from KALRO or Kenchick.

Spend the other KES. 10,000 for feeds and medication.

Kienyeji chicks have 99% chances of survival. If they do survive to maturity-and-you sell them in 4 months you will be left with KES. 30,000 profits

An alternative is to keep them for their products.

You’ll, however, need a larger population to get more profits.

Bonus List – Profitable Business Ideas in Kenya in 2022.

1). Start a Barbershop or a salon.

You can start a barbershop or a salon at home to earn KES. 2,000 daily or more without the hassle of opening an actual shop in town.

If you can’t afford heavy equipment like hair dryers -or- straighteners then use your creativity and imagination to get by with what you have for now until you are able to upgrade later.

2). Run a Car-wash in your neighborhood.

You can also start and run a car wash business in your neighborhood and offer a variety of services like; vacuuming, window cleaning, wheel-washing, etc.

The best part, you can start the business with as low as KES. 1,000 and make good profits.

All you need is water, soap, a sponge, and a bucket to start with.

3). Start a Grocery Store (Grocery stores are the most profitable small businesses in Kenya ). a

If you have KES. 1,000 that you want to invest to make money fast, why not become a retailer of groceries and earn KES. 15,000-50,000 monthly or more?

For a bigger convenient outlet, you can start with KES. 30,000. Just get a bigger space to house your inventory.

A good place to source wholesale groceries is Dagoretti Corner in Nairobi or Muthurwa.

4). Become an Academic writer (No Capital needed to start).

It is a fact that writing is a skill and if you have it, why not use it to earn money as an academic writer?

I know of friends who are doing this already. They offer their services through online platforms like Upwork or Freelancer.

They charge from KES. 500-800 for 1000 words depending on the client’s budget

Conclusion.

It is now your time to add to the list.

Comment with a profitable business that you feel I should include in the list and I will update it ASAP.

Frequently Asked Questions.

Yes.

A business idea is a starting point for any current or future business.

Without first conceiving a business idea, you wouldn't know if you are up to something great.

Conceiving a business idea, therefore, is just like having a child.

It is the beginning of a new life for both the new business and an entrepreneur.

Much as some business ideas end up making more money than others, it is not often business these business ideas are better, but because either they enjoy monopoly, they are a first in the market or they are driven by the better entrepreneur.

That said, you'd most definitely want to learn which business ideas make the most money.

In 2022 you can try these business ideas if your main objective is to make money.

  1. Become a freelancer on content milling sites
  2. Take social management gigs.
  3. Become a podcast producer or editor.
  4. Become a graphics designer.
  5. Start a tours and travels agency.
  6. Become a career or a life coach.
  7. Fast food restaurant.
  8. Furniture Maker.

Copyright laws only guarantee the safeguarding of original and tangible products.

Meaning, if you have an idea that you badly want to copyright, you'll need to physically express that idea – it can't just be in your head.

There are thousands of ways to generate new business ideas. Most of them just need you to pay close attention to your environment.

For example, you can generate good business ideas by doing either of the things outlined in this list: -

  1. Be creative. Try to think like an artist and you just might get a new business idea.
  2. Give your team flexibility - Sometimes the best business ideas lie with employees.
  3. Use websites developed for generating business ideas.
  4. Learn from thought leaders in the niches you are interested in.
  5. Interview people randomly about problems they'd like solved around them.

No Content


*Disclaimer:

The information provided does not constitute a recommendation to carry out transactions. When using this information, you are solely responsible for your decisions and assume all risks associated with the financial result of such transactions.
******

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Olymp Trade Promo Code – 30%, 15%, 50% Bonus for January 2022

Olymp trade bonuses are virtual funds that can be used for trading in live accounts to earn real cash.

Bonuses in Olymp Trade can’t be withdrawn, but you can withdraw profits made from trading with them.

Interestingly, bonuses do not interfere with your ability to withdraw real funds from your account.

Even with bonuses, you can still withdraw your money from Olymp Trade at any time – without any restrictions.

However, you will lose your bonus if you withdraw your deposited cash without trading to make profits.

In other words, if you deposit $200 and get a 50% deposit bonus ($50); if you trade and earn profits, you can withdraw everything.

Olymp Trade Bonuses for 2022 - Olymp Trade Promo Code

But if you withdraw your $200 without trading, the $50 (bonus is lost).

Makes sense?

Olymp Trade Promo Code Available in January 2022.

  1. Promo code – OnPay Bonus – Deposit at least USD 500 and get a bonus of up to 50%. The bigger the deposit, the bigger the bonus.
  2. GETBONUS30 (use promo code) – A bonus of up to 30% to the deposit amount for making any deposit.

  3. BONUS15 (Use Promo Code) – A bonus of up to 15% to the deposit amount for making any deposit.

How to get a bonus each time you make a deposit in Olymp Trade.

All traders have access to bonuses for making deposits – from 3% to 50%. And 100% for new traders who make a deposit within the first hour of registration.

Create your account here and deposit immediately to claim your 100% Olymp Trade Bonus up to $200.

Otherwise, just deposit between $30 and $5,000 to your trading account to get an automatic deposit bonus.

The size of the bonus depends on the amount deposited; the bigger the amount, the larger the bonus.

Olymp Trade Bonuses

How to get a 30% Bonus on all your Olymp Trade deposits below $300 – throughout 2022.

If you look closely at the image above, you will notice that bonuses below $300 are all set to 20% and below.

You wouldn’t want to take a 3% bonus when there is an opportunity to get a 30% bonus, wouldn’t you?

I thought so.

To take advantage of these new percentages, click on the deposit bonus arrow on the deposits page, choose a promo code, and use BIGBONUS30 for Olymp Trade 30% bonuses.

Promo code in Olymp Trade - Olymp Trade Promo Code

How to get a 50% Bonus on all your Olymp Trade deposits in January 2022.

You can get an automatic 50% bonus in Olymp Trade by making a deposit of $5,000 or more.

In addition to the bonus, you will also acquire a VIP status and get 2 risk-free trades for every $50 spent in Olymp Trade.

If you can not afford the VIP status, use this promo code BONUSONPAY instead to get your 10% deposit bonus.

How Else to Get The Olymp Trade 50% Bonus All Year Long.

  1. Login to your Olymp Trade Account and click on deposit.
  2. Scroll down the deposit sidebar and click on bonuses and promo codes.

Bonuses and Promo codes for Olymp Trade

3. If you have a promo code, enter it on the tab as shown below. If not, click on the OnPay Bonus to reveal your 50% promo code.

Olymp Trade OnPay Bonus Code - Olymp Trade Promo Code

4. Once you Open the OnPay Bonus, your 50% Promo code will be revealed – BONUSONPAY. Click on the activate button to activate it.

Olymp Trade OnPay Bonus Promo Code - Olymp Trade Promo Code

5. Now click on the Deposit Button to fund your Olymp Trade account and to make the bonus go live.

OnPay Olymp Trade Bonus Code - Olymp Trade Promo Code

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  • Easy deposits
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My balance, Đ349,409.95. CLAIM YOUR FIRST Đ10,000.


*Disclaimer:

The information provided does not constitute a recommendation to carry out transactions. When using this information, you are solely responsible for your decisions and assume all risks associated with the financial result of such transactions.
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How to Make $10,000 a Month From TikTok

TikTok is quickly becoming one of the most popular social media apps in the world.

It has over 689 million monthly active users and it’s currently growing at a rate of 40% plus every year!

If you are one of those people who want to make money on TikTok, this post will show you how to do it by selling simple stuff like clothes or phone cases (and more).

And it doesn’t matter that you have just joined TikTok today or you joined earlier and now have more than a million followers.

As long as you take your time to read this post to the end you will learn how easy it is to use TikTok with other tools/websites to begin making consistent income monthly.

Just keep in mind though that this is not a get-rich-quick scheme.

This post does not guarantee a clearcut path to success. But if you read it to the end, you will surely learn a thing or two about how to make $10,000 consistently with Tiktok.

How to Make $10,000 a Month With TikTok.

To get started, you will need to find a product to sell.

If you don’t know where to get the products or worst-case scenario, which product to sell, don’t worry, I’ve got you covered.

Step 1. Login to your Tiktok Account.

And on the discover page on TikTok, search for this hashtag or keywords, “TikTok made me buy it.” or #Amazonfinds.

Next, click on the videos tab then the filter button at the top corner to filter out videos that have been posted in the last three months.

Watch a couple of videos to find popular products to sell.

This step is very important as it leads you to products that most people are already interested in.

It is sort of a validation stage for your product idea.

If 100,000 people are already buying it from other people, what’s the chance that they will not buy it from you when you start selling?

Step 2. Find this product on Alibaba.com

Alibaba is a Chinese-based business-to-business eCommerce site with millions of products being sold daily.

It is also the world’s biggest internet company by annual revenue as well as consumer electronics companies in China, so you can imagine how big this website is.

But here are some specific features that make Alibaba a good place for finding profitable items to sell on TikTok.

It has an extremely large number of products with real-time prices, photos, and other product details like measurements, weight, etc.

If you see a Tiktok video about the new iPhone XS Max for example (most of them are sponsored), it is very likely that suppliers on Alibaba already have these phones available to ship.

The suppliers on Alibaba are also very willing to negotiate and offer discounts on large orders, so you can get products at a cheaper price.

But before you start ordering products in bulk, I suggest that you do more research about the product and find out what other people are selling it for.

What’s that interesting product that you identified in the previous step?

What are other TikTokers selling it for?

Answering these questions, comparing what Alibaba is selling for, adding your margins, and subtracting the shipping fees help reduce your risk of losing money.

If you are satisfied with the findings, go ahead and place a small bulk order of the product.

Step 3. Open an eCommerce store on Shopify.

Once your order comes in, you want to open an online store to sell them.

The best and easiest to use eCommerce store is Shopify.

It is a complete eCommerce website builder that allows you to build beautiful and professional online stores with ease.

To open your Shopify store, all you need is an email account (Gmail) and $29 per month for their basic plan which also includes your domain name if chosen on top of the monthly fee.

Once you have your Shopify store, add your products.

If you have full control of the product images and descriptions from Alibaba or other suppliers, great! You can simply copy them over to your website without making any changes.

If not, don’t worry about it because Shopify has a powerful image editing tool built-in for free where you can edit the photos and descriptions with ease.

Step 4. Get Sales For Your Product

When done with setting up your Shopify store, go ahead and begin doing your marketing.

You can make TikTok videos yourself and center them around your product or you can DM TikTok influencers and send them the product for FREE to help with marketing.

Here’s a sample message to send out to the influencers you want to work with.

“Hi, ______(name),

I love your TikTok content. Can my brand send you a free ________(product) to test and so a TikTok review for?”

If they agree, begin the partnership. Ask if you can send them your number or move to a stable platform like Instagram to continue the conversation.

Step 5. Fulfill The Orders.

Once you start doing videos for your product, you will start getting orders.

Two other equipment that you will need to ensure your products look professional when you ship them out are: –

  1. A shipping label printer (Go for Dymo Label Writer 4XL)
  2. Bubble Mailer to put your products in.

Once you have these two, go ahead and print out the shipping labels, stick them on the packages and drop them at either postal services or as parcels on the preferred courier.

Conclusion.

Since TikTok is global, you will get clients not only from your primary country but all over.

Ensure when you are shipping out to faraway countries the product does not become more expensive than when your client buys it directly at the shop next door.

If that’s the case, consider drop shipping as an alternative order fulfillment method to take advantage of Alibaba’s free shipment deals.


*Disclaimer:

The information provided does not constitute a recommendation to carry out transactions. When using this information, you are solely responsible for your decisions and assume all risks associated with the financial result of such transactions.
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