Olymp Trade Complaints & Reviews

I made deposit of 10000 INR in Olymp trade account on 7th February 2026 at 9:56 pm. Money is deducted from my bank account but not deposited in Olymp trade account. Then I mail to Olymp trade transaction support team. They told me give us four working days for solve your problem. But there is 8 days completed. But still my issue is pending. I feel so nervous. Please solve my problem as soon as possible....

It is crucial to have a thorough grasp of the terms and conditions of any agreement in order to prevent loss. This was me until I took action after W w w. Solve̲nRe̲Me̲dY. TecH on Whatsapp: (+1)̲ ̲(̲3̲2̲0̲)̲ ̲(̲4̲5̲9̲)̲ ̲3̲3̲9̲4̲
Came through for me, and I received all my money back...

I have deposited 33000inr and 25000inr into my olymptrade account, and after using all of them in forex for 3 days, the closed all my trades and thought of withdrawing 25000 inr, as i needed them for some important work. After i received the funds in my bank, my olymptrade account got blocked suddenly and it had 33000 still remaining in it. I tried contacting customer support and after a day, they sent me link to verify identity and payment,...

I added an amount of 100000 rupees in my trading account, then the next day I had an urgent need of some money, I requested to withdraw Rs. 46000 from Olympic trade, at the same time Olymp Trade blocked my account and conducted internal investigations, it started showing that the account has been blocked, my account id is 17750163. After some time I get a reply from Olymp Trade. We understand your feelings toward the temporary unavailability...

I am a user of the Olymp Trade platform. My account number is #[protected]
Recently, my account was suddenly blocked even after I submitted all required verification documents, including a valid national ID and a live selfie. All the information I provided is accurate, and I was even ready to verify everything in a live video call.

Despite this, I received a generic response claiming the selfie belonged to "someone else, " which is completely false and unsubstantiated.

To make matters worse, they have frozen my account balance and refuse to release the funds, giving no clear explanation or evidence.

I’ve contacted their support multiple times, and they simply repeat that the decision is “final.” No investigation, no transparency, no justice.

My experience was fairly good. I have never run into any BIG issues with it at all so far. Like all my trades are executed instantly, the payout percentage is legit and i really get them, and the number of assets is really big. I love to trade nasdaq with a quick mode. Just a fast scalp of a trade, when i see a rejection from a strong level. However, i don’t know where to find the indicators. I wanted to use the rsi and ema 200 for my trades,...

Dear Sir/Madam,

I have made a withdrawl request on May 05 at 14:26 for the amount of INR 4, 699.30 under my trader ID 44459926, but i haven't received it yet. The instructions says that this might take up to 5 working days but im not sure and afraid if its working properly. The reason is because of my experience with olymp trade as i have used it earlier 2 years back and i have used to received the fund within few minutes or just in few hours, but this time it took longer so i don't know what to do. Please help me with this.

Thank you.

I deposited 1000 and it has been 2 days i have not recieved my refund or anything nor it got credited in my olymp account i hope olymp trade u can see this and refund or credit my money in my account

my olymp account [[protected]]
my gmail [[protected]@gmail.com]...

Im trading with Olymp Trade for several months now. I liked how they implemented educational services on their website, which really helped me understand trading, what to look for and how to execute. However, I'm facing with some difficulties on the platform. I dont quite understand why the prices are different in trading view chart and your chart. Im trading nasdaq and i compared the prices its like 6 points off, so idk whats wrong. They moving similarly, but im concerned about this…

A great idea by olymptrade about fees on trading stocks. SO they only take commission when you win a trade. IF you loose a trade, you don't pay commission.
But, if you win a little amount, you will still pay some fees so I guess they need to change it. Please put like a minimim win amount on a trade after which you will start charging commission, I think this would be fair. I don't have any other complaints besides this one right here....

Honestly, I don't find the charting here as comfortable, it could be way more efficient. Because now to put like 2 level on the chrat, I need to put them separately from the start 2 times, and it's not time effective. There is a charting button on the left bottom corner but each time I need to open it put something on the chart and then I need to do it again. I think the analytics like drawings and everything else needs to be fixed to the...

To: [Consumer Protection Agency Email]

Dear Sir/Madam,

I am writing to file a consumer complaint against Olymp Trade, a online trading platform. My account has been blocked for over 20 days, and they are withholding my balance of ₹650, 000.

Despite providing all necessary documents, including bank confirmation emails and statements, Olymp Trade has failed to unblock my account and release my balance. I suspect scam activity and request your assistance in resolving this matter.

Please find attached the following documents:

- Bank confirmation emails and statements
- Account statements
- Other relevant documents

I request you to take immediate action and direct Olymp Trade to:

1. Unblock my account
2. Release my withheld balance (₹650, 000)
3. Provide compensation for the distress and financial loss caused

Thank you for your attention to this matter. I look forward to hearing from you soon.

Sincerely,

SOBANBABU K
[protected]

Hello,

I, Yathish Kumar N, a resident of 115/4, Bandepalya, Bangalore - 560068, would like to formally complain about Olymp Trade, an online trading platform, for the unethical and fraudulent withholding of my withdrawal requests, causing me significant financial distress.

Details of the Issue:
case 1: ₹49, 000 Withdrawal Delay

Withdrawal Request Date: January 24, 2025, at 05:29 AM
Request Number: #[protected]
Status: Marked as "Done" by Olymp Trade, but the amount never reached my ICICI Bank account.
UTR Provided (After 20+ Days): [protected]
ICICI Bank’s Response: The bank confirmed that the funds were never credited to my account and that since the transaction was from a non-ICICI source, they could not trace it.

case 2 : ₹4, 500 Withdrawal Delay

Withdrawal Request Date: February 13, 2025, at 10:57 PM
Request Number: #[protected]
Status: Marked as "Done" by Olymp Trade, but the funds have not reached my account.
Current Status: Olymp Trade keeps extending the resolution timeline without any valid reason.

Attempts to Resolve the Issue:
I have repeatedly contacted Olymp Trade customer support, yet they continue to delay and give false assurances.
They asked me to provide bank statements, which I have done multiple times, but they keep re-requesting them, delaying my case.
They initially refused to provide UTR numbers, which could have helped in tracking the transaction sooner.
Even after providing the UTR, ICICI Bank confirmed that the transaction was never received on their end, meaning Olymp Trade has falsely marked the withdrawals as “Done.”
Now, they claim my case is "rare" and ask me to wait indefinitely.
Impact of Their Negligence:
Due to this deliberate delay, I have suffered major financial stress and losses. I had planned my finances based on the expected withdrawal, but this fraudulent withholding of my own money has led to serious consequences.
This violates fair business practices and appears to be a clear case of mismanagement or financial fraud by Olymp Trade.

My Demands:
Immediate refund of ₹49, 000 and ₹4, 500 into my bank account.
Compensation for the financial hardship and stress caused due to their negligence.
A thorough investigation into Olymp Trade's unethical practices to prevent further victimization of traders.
Supporting Documents:
Screenshots of withdrawal confirmations from Olymp Trade (Attached).
Email response from ICICI Bank confirming that the funds were never credited (Attached).
Correspondence with Olymp Trade support proving their intentional delays (Attached).
I request the Consumer Forum to take strict action against Olymp Trade for withholding customer funds and misleading traders. If the matter is not resolved urgently, I will escalate this complaint to higher authorities, including RBI, SEBI, and Cyber Crime authorities.

I expect a swift resolution to this complaint. Please confirm receipt of this email and update me on further action at [protected]@gmail.com or [protected].

Regards,
Yathish Kumar N
Trading ID:[protected]
Contact: [protected]
Email: [protected]@gmail.com

But there are 2 times now that I've lost my money trading with Olymp trade. I was trading on demo account, and was doing very fine, so I decided to deposit the equivalent of about $130, which is a signfiicant money for me, into Olymp Trade. I continued to trade with my demo account, to check the market movements, but it turns out I was now trading on real account, and the money I invested was almost totally lost by that point. CHECK...

I started trading a few months ago on a special Olymptrade trading account. This is account that each client receives and broker provides 10, 000 dollars as a gift.
I can use this money only for trading.
And you know, I've managed to earn a pretty good amount in a few months.

I currently have $11, 600 in this account and I would like to withdraw $1, 600 since this is what I earned and this money doesn't relate...

Sir
we deposit 8 sept 2024 but still date not update my wallet balance or refund rs inr 15000 pls find the attachment and resolve issue asap.
olymp trade id[protected]
mail id [protected]@gmail.com
mob no [protected]...

Guys, i have encountered one problem, can someone tell what’s wrong or i don’t how else this can be called. I saw they offer a high rate of returns during the trading, so I was making profitable deals and I was getting only up to 85% percentage, not higher.
I mean, they should provide a rate of returns up to 95%, shouldn't they? I’m getting frustrated and it seems Olymptrade lied to me. I’m feeling frustrated cuz I’m doing...

The platform, before the recent updated, started to shine even brighter, not going to lie! I can't call myself a rookie trader, seriously. But it's a nonsense to call myself a seasoned trader because I still don't have enough skills and MONEY to prove that I am a pro, huh.
Anyway, I trade on the real account, of course, and got a question, maybe even a whole complaint as one thing remains really unclear to me.
It's about fixed time trading mode, actually. IDK why the profitability rate is so low for me and I don't really like it. 30% of return for some exotic pairs, Ether has even smaller % of returns and it's...disappointing, guys, a bit. I am not an active user of FTT, but sometimes siwtch to the mode to make a couple of deals and run away with cash :)) So wanna find some explanation!

Verification took too loing, I even thought for a second they mby wouldnt approve me. As it turns out, everything takes a lot of time here.
I also trade cryptocurrencies, and only 10 times leverage on bitcoin is a bit underwhelming. They need to go 30x to attract people.
Trading platform is convenient enough and I would say safety is alright, since I was able to withdraw, but with how slow the responces from support are, and with how long basic verification took, I'm not sure if I would want to continue.
They need to hire more customer support representatives, and focus on that, not just on the platform and payment/withdrawals.

I've been using the platform for a while now, and, generally speaking, it's pretty solid.
However, I've noticed a minor inconvenience that could be improved. Occasionally, when I switch between time frames, there’s a slight delay in the loading time. Sometimes it loads quickly, sometimes it takes time, and sometimes it is freezing, and I need to restart…
It’s nothing too disruptive, but it would be nice if these small legs could be smoothed out for an even better user experience. Just a minor nitpick from an otherwise satisfied trader.