Olymp Trade Complaints & Reviews

I was deposite money through UPI QR methode money deducted on bank account still not update in my live account

I have read in one olymp trade review online that I can use three trading modes to diversify my trading experience. And I was so excited about Stocks trading which is not just ordinary trading but full on investing. I wanted to buy shares of the world renowned corporations like Tesla and hold them until it would grow 100%.

However I searched the whole trading platform back and forth, inside and out, and didn’t find anything like that.
Of course I can trade a number of stocks in cfd or in option but nothing that would resemble the real stocks investing. Was I being tricked by the broker or what?

Hello everyone. Good profits to everyone. I am here to make something simpler. So yesterday I was reading support center articles and making some notes about quickler and then I have started to read about crypto, crypto transactions like withdrawals and funding with usdt. And then I found smth that I don't understand and I would like to know what that actually means. I saw that minimum funding and withdraw is 5₮. And maximum is 100.000₮. What is this and how to change it?

Hi. I made a withdrawal request of Rs. 770 on 6th of January 2023 but haven’t received the funds in my bank account till now. It’s been 7 months. When I sent an email to the support of olymp trade, they never resolved my issue. They asked me to submit bank statement from the date I requested withdrawal to the current date. This conversation happened on 13th April 2023. And after I submitted my bank statement and everything, no response came.I am attaching the screenshot of everything. Very disappointed and feel like cheated of my money.

Recently opened here an account and basically as a wise traders I firstly observed the whole website to become convinced of the company's credibility and only then opened demo. Fortunately, everything was okay, but I couldn't understand one thing.
I tend to trade cryptos cause nowadays it's the most volatile assets, thus on ups and downs I can earn a lot in case of proper risk manegement and blablabla... However, when I deposited funds and decided to apply a multiplier I detected that the maximum on bitcoin is 1:10, while the broker states I can apply up to 1:500!
I don't want to delve into conspiracy theories and stuff like that, but it seems to me something goes wrong on the platform... Sorry in advance, if I'm mistaken, but I don't really like it!

My User id is 86809543.From 15.12.2022 Its been over almost 6 months my account is still blocked and several times I have contacted on support but they keep saying internal investigation is going on n till date my account is not released. My huge amount of Rs 35000 is stuck so I want it urgently so I request you to resolve my issue at the earliest..

Deposit amount not credited to my olymptrade account. Payment method is UPI Qr. Amount 700 ruppess

I have deposited INR 20, 000 via UPI QR on 23.06.2023 around 2 : 26 PM.
It is been 24 hours but no update on that transaction happened.

I request an immediate solution for this matter. I have attached the screenshot of the payment process.

After a complex verification they permitted to use the platform but within a hour they suddenly blocked my account due to some extra bot verification error and after again comleted verification they unable to unblock account that leads o a high peak of loss to me. They not even refunded the deposits and nor respond to any complaint . They do spam through this unnecessary tricks.

Olymp trade is famous for its different approach to trading modes. There are basically two of them. One is fixed time and the other is ordinary forex.
It’s great to have both as they are totally unsimilar thus I need to develop different skills to be able to trade them profitably.
Speaking of skills there is a comprehensive blog for people who lack skills and knowledge like me.

However, let me tell you about one strange thing that occurred to me while I was trading on the platform.
I opened an order once recently and was going to wait to get more profits. But after some time I found my order was closed at a certain profit, far from what I intended to have.
And I don’t know what to think because I am still a beginner and have no idea if that’s how it should be in forex trading.

Olymp Account ID[31752828]

I tried making a Deposit o[censored]SD 20.00 on February 10 2023 on Olymp Trade.
The amount of INR 1652.00 was deducted from my Bank Account but was never Credited to my Olymp Trade Account.
Now its more than 5 Months and that USD 20.00 has not been credited to my Olymp Trade Account yet nor have I received a refund of that amount which in INR was INR 1652.00.
I have already shared all the documents and the screen shots proving that that INR 1652.00 was Deducted from my Bank Account

Olymp Trade Customer Support is not Responding to my emails.
They send 1 email every month asking to wait for another 5 Working Days.

I just recently registered to this platform. I got tired of listening to my friends using this indicator, that indicator, charthing 2-3-4 instruments at the same time and trading both of them making money and withdrawing their profits with ease. Well, okay. Let me see what I can do with it. I go on and go through all the processes I need to go through, right? It's all going well. I have done some naked charting and trading, it is really good. Executes well. Then I wanted to try their technical indicators with their good looking charts. I couldn't find them at first. Then I found this section that is called the market. I see color themes and stuff like that, they sell unique and extra ones. I understand that, I bought a few, they look great. I still couldn't what I needed, then what I see is the advisers. I see that they are selling the MACD for $15. Fifteen dollars? Are you serious?

I mean, I am okay with paying extra money if something is unique and really really good. I bought themes and custom strategies. But are you out of your mind? Having me pay fifteen dollars for a MACD indicator that I can find pretty much anywhere FOR FREE? Well, I am not paying that.

As a pretty regular client on the Olymp Trade platform, I should mention that I rarely face any difficulties using broker's services. Surprisingly, the company has managed to create a transparent interface, tons of materials aimed at helping newcomers to get acquianted with conditions quicker.
Still, some questions arise from time to time, and look what has happened recently to me.
I wanted to open another account with different currency on it, I do know, there is a kind of prohibition of changing your current account currency (basically, it's not a prohibition, you just can't do it). So, for these purposes I decided to open another account, and to archive my previous one.
When I opened the second account with required currency, I have archived my first one.
BUT! When I deposited funds, my first account somehow remained active and funds arrived on it! What has happened? Is the function of archiving the account active actually?

Olymp Account ID 31752828
I tried making a Deposit o[censored]SD 20.00 on February 10 2023 on Olymp Trade.
The amount of INR 1652.00 was deducted from my Bank Account but was never Credited to my Olymp Trade Account.
Now more than 5 Months have passed and that USD 20.00 has not been credited to my Olymp Trade Account yet nor have I received a refund of that amount which in INR was INR 1652.00.
I have already shared all the documents and the screen shots proving that that INR 1652.00 was Deducted from my Bank Account
Every time I receive an email from Olymp Trade is them asking me wait for another 5 Working Days

Hello Team,

I got an email from Olymptrade that they blocked my account for having several more accounts on their platform but I already deleted that accounts and now I was only having one account but still they blocked me for having it! And refused to give funds that were around 7000$ in my Olymptrade account! I request you to please provide the funds as there is medical emergency in my family!!

Thanks and Regards!
Trader ID:[protected]

Paytm Was not working to deposits

Pls help i want to deposits money to my acc

I had a really frustrating experience with Olymp Trade. I was trying to change the theme from dark to light, but I couldn't find the option anywhere on the platform. I searched through all the menus and settings, but it was nowhere to be found.

After spending hours trying to figure it out, I came to the disappointing conclusion that Olymp Trade simply does not have a light mode. It's ridiculous that a modern trading platform would not offer such a basic feature.

Overall, I am extremely disappointed with my experience with Olymp Trade and would not recommend it to anyone.

Only couple of weeks have passed since I had joined this broker. All the crucial things about trading conditions were clarified right away to me by the pretty responsive client support team who know their business well. The rest conditions I examined on my own, as I heard it helps to accumulate experience and gain skills.
Anyways, Olymp Trade broker proffers so many different functions that is kinda easy to get entangled. It's not a drawback of course, on the contrary - quite a strong side.
As I'm just gaining momentum, and only now things started to work out, I tried to withdraw my first revenue. I'm having a USDT account and I do remember correctly - no fees on the platform is levied. But, after the transaction was processed the sum I gained is a bit smaller than I requested. Where's my money, pals? Did I become a subject to scam?

[Resolved] Olymp Trade — two factor authentication

D
DR 67
Jun 10, 2023
I have recently updated two factor authentication by google authenticator app and unknowingly i have uninstalled the app and i have lost the backup code and there is no way i can login to my account. So please help me with this issue as there is a email address and phone number i have updated try to recover my account through any one of those. And the website of olymp trade does not have any option to recover my account and also there is no customer support. Olymp trade does not give me any option to recover my account and they can use my mobile number instead of two factor authentication

I recently discovered this platform, read so much about it and asked about it to my friends. The feedback I got was really great. So I registered, and everything I heard about the platform turns out to be true. Apart from the trading environment itself, the company is really active, dynamic, has a great community built around it, and I thought I was going to be taking advantage of all those features to make my own trading experience unforgettable.

There I am reading about the additional unique features, right? The trader's way and XP points, it's there, I get them when I trade and profitably close, the additional indicators, prizes, its all good. Then I read something about the boost cubes and find them on the platform. But what do I see? I need ot invite a friend to the platform to win boost cubes? How come can that be the only way? What If I have don't have any friends? Well I do have friends but they all are already trading here. I don't have anyone to convince to trade here, so what? I don't get to try this out? What sort of absurdity is this