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Olymp Trade Complaints & Reviews

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Updated: Jan 2, 2026
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Olymp Trade reviews & complaints page 17

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I
iqbal Gera
May 21, 2023
May 23, 2023
This thread was updated on May 23, 2023
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I have been using Olymp Trade for a while now, and overall, I'm pretty satisfied with the platform and its functionality. However, I've encountered a significant issue that has left me perplexed. Every time I place a stop-loss order, it seems like the price magically moves in the exact direction to trigger my order before reversing. It made me question whether the broker is intentionally going against me and trying to take my money.
But then I decided to try a different approach. I stopped placing stop-loss orders and kept only take-profit orders. Surprisingly, this unconventional strategy has brought me success.
While it's an unconventional approach and may not work for everyone, it has been a game-changer for me. Have others experienced similar issues with stop-loss orders?
May 23, 2023
Complaint marked as Resolved 
I want to express my gratitude to everyone who assisted me in understanding the correct placement of stop-loss and take-profit orders. Your guidance provided me with an invaluable lesson that I will cherish as a trader. Thanks to the educational resources available on Olymp Trade, I was able to enhance both my knowledge and trading skills significantly beyond just finding important price levels or placing proper stop-loss and take-profit orders. Though only a relatively short time has passed since beginning my journey, I can confidently say that I feel like an intermediate trader now. It's funny when I see this complaint and remembering how I previously thought about Olymp Trade hunting for my Stop Loss order :)
Olymp Trade customer support has been notified about the posted complaint.
Hello, Iqbal Gera.

We really appreciate you taking the time to share your feedback. We would like to let you know that stop-loss and take-profit have nothing to do with the price trends. They are just tools to help you manage your trade.

You can check your price history on the platform. To do this, go to the "Help" section of the platform and select the "Assets" menu. Once you have selected the asset you wish to review, you can find information about its quotes in the "Price History" submenu. You can select the date and time of the quote you want to check there.

Best regards, Olymp Trade team.
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    pradeepr7
    from Jaipur, Rajasthan
    May 21, 2023
    May 23, 2023
    This thread was updated on May 23, 2023
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    Sir
    olymp trade has blocked my account for no reason
    i have deposited funds and haven't wihtdrawn the funds
    on 02/05/2023 i have deposited 10000 inr and traded then i went to withdraw when the withdrawal is in process the olymp trade blocked my account and haven't stated any valid reason please look into this and make my olymp trade account unblocked
    email registered with olymptrade : [protected]@gmail.com
    please help me getting my account back
    +3 photos
    Olymp Trade customer support has been notified about the posted complaint.
    Hello, Pradeepr7.

    It's a pity that you have made this conclusion. We would like to understand more about your case. Kindly leave us your ID account. So that we can investigate your case.

    We are waiting for your response.
    Best regards, Olymp Trade team.
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      Aravind321.ak
      from Coimbatore, Tamil Nadu
      May 19, 2023
      May 23, 2023
      This thread was updated on May 23, 2023
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      Use less reply for olymp trade platform support team

      50 time contact email

      Payment deposited but not received in olymp account.

      User id: 93017523

      User name: Aravind Kumar

      3month processing support team

      Many times send my bank statement

      My all screenshot attached proof
      Olymp Trade customer support has been notified about the posted complaint.
      Hi, Aravind321.ak.

      We understand your disappointment. It is important to us that our customers are more than satisfied and we would like the opportunity to resolve this issue immediately. We have passed your ID account to our specialists. They are checking on their side and they will contact you shortly.

      Best regards, Olymp Trade team.
      Aravind321.ak's [Complaint's author] reply, May 23, 2023
      3month processing time.

      50mail conversation your side only reply wait wait wait

      Waiting 3month more

      Worest customer support

      Your support team not working.
      Olymp Trade Customer Care's response, May 26, 2023
      Verified Support
      Hi, Aravind321.ak.

      Your comment is very concerning to us. You can apply to [email protected] and explain the situation. This is the reclamation department, they will investigate your case and provide an official position regarding your issue. / If you disagree with the company's decision, you can contact the reclamation department: [email protected] and describe the situation.

      Best regards, Olymp Trade team.
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        K
        Kailash G
        May 19, 2023
        May 23, 2023
        This thread was updated on May 23, 2023
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        Okay, so I downloaded the Olymp Trade app, and I was pumped to start trading. But then, I couldn't find the button to switch the charts. I looked for it for hours, but it's like it's not even there. And that's where my frustration started.

        The app's layout is quite appealing but confusing. I have clicked on everything looking for how to switch between the chart types. It is using an area chart for me and I do not know how to make any analysis on it. I keep clicking on the wrong buttons, and now I am beginning to think that there is no button to switch the charts.
        May 25, 2023
        Complaint marked as Resolved 
        Looking back now, I realize how trivial my complaint was. However, in my defense, it is common for novice traders to experience these stages of becoming acquainted with the trading setting. After a period of familiarization, it is now easy for me to attest that the Olymp Trade application is very user-friendly and intuitive. Switching between charts across various pairs has become effortless, alongside making technical analyses such as identifying levels and trends.
        Olymp Trade customer support has been notified about the posted complaint.
        Hello, Kailash G.

        Thank you for your questions. To switch charts, you can go to the corner of the chart. You can choose from the icon called “charts” and switch to the chart that you like. Hope we have answered your question.

        We are glad that you joined Olymp Trade. We would recommend for new traders trade on the demo account. You can try it out so that you can understand the platform thoroughly.

        Best regards, Olymp Trade team.
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          dr Animesh
          May 19, 2023
          May 23, 2023
          This thread was updated on May 23, 2023
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          I value Olymp Trade for being a perfect mediator between me and the market. I put lots of effort to find a proper brokerage company to start earning money on the market, as today, in the time of serious political and economic turmoils, market provides nice opportunities.
          I opened here an account and of course received some bonuses for funds depositing. I traded couple of shots on the demo and impatiently switched to live trading, opened couple of orders and I am still waiting for a proper exit point.
          While I am waiting I started to research the company's help center to find some answers on my questions and noticed here special extensionsthat can be acquired via sort of subscription. I have spent almost an hour trying to pay for this subscription with bonus funds as I thought like "Why I need to spend my personal money, while bonuses are available". However, nothing happened! Why it's like that?
          May 23, 2023
          Complaint marked as Resolved 
          Omg... No wonder I made that request. It's immediately obvious I am a rookie here, as the question turned out to be a complete doddle. I remember correctly that I was reading this information properly but how could I dare not to notice that subscription couldn't be paid with bonus funds! So, guys, my experience will be certainly valuable for you in case you are interested in the same thing. Thanks Olymp Trade team for dotting all the "i's" for my silly head.
          Olymp Trade customer support has been notified about the posted complaint.
          Hello, Dr Animesh.

          We really appreciate you taking the time to share your feedback. Olymp Trade strives to provide the finest trading conditions for our users. We are glad you gave Olymp Trade a try.

          It’s good that you have sent us a question. We would like to let you know that you can’t buy subscriptions with the bonus fund. You can buy it with your balance. Hope we answer your question.

          Please let us know if you have any further questions.
          Best regards, Olymp Trade team.
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            M
            muhammad faraz
            May 19, 2023
            May 19, 2023
            This thread was updated on May 19, 2023
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            Whenever i withdraw my funds they goes into the pending i am unable to withdraw my funds
            Olymp Trade customer support has been notified about the posted complaint.
            Hello, Muhammad faraz.

            We are sorry to hear you had such a frustrating experience, but we really appreciate you bringing this issue to our attention. Kindly leave us your ID account; we will check the case thoroughly.

            Best regards, Olymp Trade team.
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              Amoux18
              May 19, 2023
              May 23, 2023
              This thread was updated on May 23, 2023
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              I want to cancel the request of deletion of my trading account cause i want to continue using the Olymp trade i placed this request by mistake and i mailed the support couple of times but couldn't got a reply from Olymp Trade Customer Support Website [protected]@olymptrade.com
              May 24, 2023
              Complaint marked as Resolved 
              Olymp Trade customer support has been notified about the posted complaint.
              Hello, Amoux18.

              Thank you for letting us know about this. Kindly leave your ID account here. So that we can contact and verify your request.

              Best regards, Olymp Trade team.
              Amoux18's [Complaint's author] reply, May 24, 2023
              My mail id is - [email protected] I couldn’t remember my olymp trade id cause i never thought of this would have happened
              Olymp Trade Customer Care's response, May 26, 2023
              Verified Support
              Hi, Amoux18.

              Thank you for your comment. We have sent your case to our specialists. They will contact you.

              Best regards, Olymp Trade team.
              Is there anything olymp trade can do to restore my account cause it’s mentioned there that u can restore your account any time
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                Q
                Qabool Basak
                May 17, 2023
                May 17, 2023
                This thread was updated on May 17, 2023
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                I am having trouble with the "Strategies" feature on Olymptrade. I have been using the feature for two weeks, and I have not been able to use a strategy provided by the platform even once. I have read the instructions multiple times, but I think there might be a bug in the feature. I demand that Olymptrade fix this issue immediately, or else I will have to switch to another trading platform that has a more reliable "strategy" feature.
                May 19, 2023
                Complaint marked as Resolved 
                Hehehe... Well, I did not realize that there are strategies for FTT and for FX. Well, I made a mistake earlier and I am here to say that it has all been resolved. The strategies work just fine.
                Olymp Trade customer support has been notified about the posted complaint.
                Hello, Qabool Basak.

                Thank you for sending us your question. According to our understanding, you have bought a subscription for a trading strategy. But it has come to its expiration. You can easily buy another subscription for it on the Market function.

                It is pleasing to know that you enjoy our strategy. If you have any questions, please, contact us via online chat, via e-mail [protected]@olymptrade.com, or on Facebook www.facebook.com/olymptradecom/ We will help you!

                Best regards, Olymp Trade team.
                Olymp Trade Customer Care's response, May 19, 2023
                Verified Support
                Hi, dear Qabool Basak.

                It is good that we helped you figure things out. You can always try the demo account so that you can understand the platform better. Wish you a lot of success!

                Best regards, Olymp Trade team.
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                  Ujwal Kapoor
                  May 15, 2023
                  May 17, 2023
                  This thread was updated on May 17, 2023
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                  I think olymp trade is one of the best, if not the best in providing diversity to its customers.
                  I’m speaking of the trading modes, or payment methods, in any aspect you have many options to choose from. It gives you the much needed space for your trading endeavors.

                  For example I can trade forex pairs in the long run, which gives me a more secure income. But at the same time I can use fixed time assets to generate income right here right now.

                  I heard that olymp trade offers some type of scalping with FTT, but I couldn't find a time frame less than 1 minute. Did they remove it or what?
                  May 19, 2023
                  Complaint marked as Resolved 
                  I didn’t expect them to make it a separate tool, called Quickler. Props to olymp trade for making high frequency trading more convenient for clients. And for a quick reaction to my initial request.
                  Olymp Trade customer support has been notified about the posted complaint.
                  Hello, Ujwal Kapoor.

                  Thanks very much for your balanced and fair review of the Olymp Trade platform. Olymp Trade strives to provide the finest trading conditions. The platform provides Fixed Time Trade and Forex. With forex, you can trade for a longer time. But if you are interested in a short-time trade, Fixed Time Trade is a suitable trading mode. With FTT, you can trade for less than one minute.

                  First, you go to Fixed Time Trade mode, at the Duration tab, please look for the tab Quick. With it, you can trade in under 1 minute. Please note that for some assets, Quick trade may not be available at a certain time.

                  Best regards, Olymp Trade team.
                  Olymp Trade Customer Care's response, May 19, 2023
                  Verified Support
                  Hello, dear Ujwal Kapoor.

                  It is good that we helped you figure things out. You can always try the demo account so that you can understand the platform better. Wish you a lot of success!

                  Best regards, Olymp Trade team.
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                    V
                    Vihaan Mayur
                    May 15, 2023
                    May 17, 2023
                    This thread was updated on May 17, 2023
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                    I adore this broker for providing top-notch trading conditions, but I want to point out the presence of various peculiarities connected to them. Even though the company offers a full-fledged help center, where all required information, at the first glance, is given, still there is something that's not so apparent.
                    For instance, only recently I dug deeper into the status system and it turned out this system contains many fascinating features. All advantages of each status are described in the help center, but the matter of my inquiry refers more to the subscription on a new status. I do know it's possible to subscribe to any status and chose the period, nevertheless, I couldn't do it in the desktop platform! Why do this broker offer this function if it's not implemented at all? Is it created specifically to brag or what?
                    May 18, 2023
                    Complaint marked as Resolved 
                    Shame on my inattentiveness! How could I dare to accuse the company of indecent behavior if I didn't even check the note in the end of the description how this subscription works. I had no idea it can be issued only in the Web application, thus, accept my appologizes. Thank you for proper clarification!
                    Olymp Trade customer support has been notified about the posted complaint.
                    Greetings, Vihaan Mayur.

                    Thank you for your comment. We are glad that you chose Olymp Trade as your trading platform. We really appreciate you taking the time to share your feedback.

                    Regarding your question on the subscription of status, we are glad to tell you that you can easily buy it on our platform. Please go to the left menu. Under the tab Market, you can find subscriptions for a status. You can also find other tools there.

                    Hope we answered the question. If you have any questions, please, contact us in online chat, via e-mail [protected]@olymptrade.com or on Facebook www.facebook.com/olymptradecom/ We will help you!

                    Best regards, Olymp Trade team.
                    Olymp Trade Customer Care's response, May 19, 2023
                    Verified Support
                    Greetings, Vihaan Mayur.

                    It is good that we helped you figure things out. You can always try the demo account so that you can understand the platform better. Wish you a lot of success!

                    Best regards, Olymp Trade team.
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                      ARJUN TOMAR
                      May 15, 2023
                      May 17, 2023
                      This thread was updated on May 17, 2023
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                      User ID: 79878460
                      Email Id: [protected]@gmail.com
                      Its been approx. 3 working days plus 2 non working days of waiting.
                      I can't wait anymore.
                      I need my money anyhow in my bank.
                      My bank had some techinal issues in earlier, but now every problem is solved.
                      Kindly transfer my money to my bank account.
                      May 24, 2023
                      Complaint marked as Resolved 
                      Olymp Trade customer support has been notified about the posted complaint.
                      Hello, ARJUN TOMAR.

                      Thank you for your writing. We have sent the case to the financial department. They will contact you soon.

                      Best regards, Olymp Trade team.
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                        Anant222
                        May 15, 2023
                        May 29, 2023
                        This thread was updated on May 29, 2023
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                        Deposit Funds Missing for More than 3 Months

                        Olymp ID[protected]
                        Name: Anant Sharma
                        Registered email address - [protected]@gmail.com

                        ***It was a NetBanking Deposit of $20.00 through Olymp Trade on February 10 2023 and an IMPS Debit of INR 1652.00 (on the same date at the same time) from my Indusind Bank Account with IMPS Reference Number -- IMPS/P2P/[protected]/9240/
                        (Note: It was not through any UPI app)

                        Have not received a Refund...
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                        I
                        I was not trade
                        May 15, 2023
                        May 17, 2023
                        This thread was updated on May 17, 2023
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                        Address: Karnataka

                        I want to deposit to my trading account in paytm but Paytm Not work Their Telling paytm is temporarily Unavailable please solve the problem
                        Olymp Trade customer support has been notified about the posted complaint.
                        Hi, I was not trade.

                        Thank you for letting us know about it. Could you please tell us what exactly happened, and what caused such an experience with our app? If you have specific questions, please kindly send them to our support team:
                        - in a live chat at www.olymptrade.com
                        - in direct messages of our group: www.facebook.com/olymptradecom/
                        We will be very grateful for the update on your issue.

                        Best regards, Olymp Trade team.
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                          Aravindkumar364
                          May 14, 2023
                          May 17, 2023
                          This thread was updated on May 17, 2023
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                          Name - Aravindkumar

                          User ID - 50681072

                          Full name - Aravindkumar Rameshbabu

                          Account ID - 50681072

                          Email linked to the platform - [protected]@gmail.com

                          Date when the situation took place - 12/05/2023

                          Brief description of the situation and your demands - My account was blocked unfortunately that assumed I am a minor. But I'm not at all a minor and I am 26years old. So please unblock my account asap! I submit my identity proofs through this email for the verification purpose!
                          Olymp Trade customer support has been notified about the posted complaint.
                          Hello, Aravindkumar364.

                          Thank you for letting us know about this. We would like to understand your case and request better. We will contact you soon for more details.

                          Hope that is okay with you.
                          Best regards, Olymp Trade team.
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                            Aravindkumar364
                            May 14, 2023
                            May 18, 2023
                            This thread was updated on May 18, 2023
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                            My OlympTrade account was Blocked on 12/05/2023 assuming that I'm a minor.But I am not at all a minor and I am 26year old person.. I uploaded and sent all my documents through email but now they're saying my documents are photoshopped! Again I sent mail to them with holding documents through selfie pic.. still now there's no response from them! Can you please solve my issue?
                            Olymp Trade customer support has been notified about the posted complaint.
                            Hello, Aravindkumar364.

                            Thank you for letting us know about this. We would like to understand your case and request better. We will contact you soon for more details. could you please tell us what exactly happened, and what caused such an experience with our app? If you have specific questions, please kindly send them to our support team:
                            - in a live chat at www.olymptrade.com
                            - in direct messages of our group: www.facebook.com/olymptradecom/
                            We will be very grateful for the update on your issue.

                            Hope that is okay with you.
                            Best regards, Olymp Trade team.
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                              Sahir Patkar
                              May 14, 2023
                              May 19, 2023
                              This thread was updated on May 19, 2023
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                              I found something impossible here. It is either that the platform sees the future or there is something seriously wrong about this place. So if I'll tell you the story quickly, what happened is that I signed up to trade the markets here on a Monday, It's all good. I'm trading I'm chillin. Traded all week and here comes the weekend. I was waiting to have a break from the assets and I logged in. I see that everything is in line with what needs to happen. Stocks don't trade on weekends, forex don't trade, commodities, indexes don't trade. But what do I see? There is a commodity composite index, A European and an Asian composite index that are moving, that I can trade. On a weekend! How is that possible? Are they lying about their assets?
                              Olymp Trade customer support has been notified about the posted complaint.
                              Greetings, Sahir Patkar.

                              Thank you for your review. Olymp Trade is a modern and advanced broker. We offer many trading benefits for users.

                              Regarding your question, it is a good question. On weekends the stock market is closed. Most of the assets will become available only from Monday. However, you can still trade on cryptocurrencies, Over-The-Counter assets, and Composites. If you would like to know more about the trading hours of the assets, kindly follow the link https://plus.olymptrade.com/en/assets.

                              If there's anything else we can do to help, please let us know.
                              Best regards, Olymp Trade team.
                              Okay then. Turns out they are not just simple indexes but they are tokenized assets, they are basically digitalized financial securities that derive their prices from other forces that are influencing its price. So I have learned something new today afterall, anyways, I am not gonna bored on the weekends either from now on, which is totally fine by me.
                              Olymp Trade Customer Care's response, May 19, 2023
                              Verified Support
                              Greetings, Sahir Patkar.

                              It is good that we helped you figure things out. You can always try the demo account so that you can understand the platform better. Kindly mark it as "Resolved" if the issue is done. Wish you a lot of success!

                              Best regards, Olymp Trade team.
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                                Raj Zachariah
                                May 13, 2023
                                May 17, 2023
                                This thread was updated on May 17, 2023
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                                I heard about olymp trade forex broker from my friend. He didn’t provide me with much details, and to be honest I don’t need them, as I used to dive into the action immediately. I think it’s the best way to master something.
                                So I skipped the demo account, just read a few articles about forex trading and that’s it. Practice is the best teacher.
                                However, the trading on the platform was a bit different. For some reason the orders I opened closed after a while. As far as I know forex trading doesn’t imply any type of expiration of orders.
                                Can somebody explain to me what is happening? Maybe there are several olymp trade brokers existing?
                                May 18, 2023
                                Complaint marked as Resolved 
                                I mixed up fixed time trading and forex trading on the platform obviously. Who knew that olymp trade is such a versatile broker with several trading modes. I guess the next time I should trade on a demo account at least for some time. Anyway thanks to the client support for clearing all the things up.
                                Olymp Trade customer support has been notified about the posted complaint.
                                Hello, Raj Zachariah.

                                Thank you for choosing Olymp Trade as your trading broker. Olymp Trade offers Forex and Fixed Time Trade. Fixed Time Trades (Fixed Time, FTT) is one of the trading modes available on the Olymp Trade platform. In this mode, you make trades for a limited period of time and receive a fixed rate of return for a correct forecast about the movements in currency, stock and other asset prices.

                                Trading in Fixed Time mode is the easiest way to earn money on changes in the value of financial instruments. However, to achieve positive results, you need to take a training course and practice with a free demo account available on Olymp Trade.

                                We think that you accidentally use FTT. To switch back to Forex, please go to the asset and choose Forex for it.

                                If there's anything else we can do to help, please let us know.
                                Best regards, Olymp Trade team.
                                Olymp Trade Customer Care's response, May 18, 2023
                                Verified Support
                                Hi, dear Raj Zachariah.

                                We are glad that we helped you with that. We understand that a new trading platform can be a little bit tricky. It is useful to use the demo account for this matter. We wish you a lot of success ahead!

                                Best regards, Olymp Trade team.
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                                  ARJUN TOMAR
                                  May 13, 2023
                                  May 17, 2023
                                  This thread was updated on May 17, 2023
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                                  Kindly transfer my withdrawal to my bank today anyhow.
                                  I need money so urgently.
                                  Kindly process my money faster.
                                  I can't wait more. I have expert status, still this much late in withdrawal?
                                  I need to complaint here because it's been 2 days. I can't wait anymore now.
                                  User ID: 79878460
                                  email: [protected]@gmail.com
                                  Olymp Trade customer support has been notified about the posted complaint.
                                  Hello, ARJUN TOMAR.

                                  We are writing to you to let you know that your case has been taken care of. Our specialists will contact you soon.

                                  Best regards, Olymp Trade team.
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                                    Animesh Sant
                                    May 13, 2023
                                    May 17, 2023
                                    This thread was updated on May 17, 2023
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                                    The broker attracted me with its regulated status and one of the richest brokerage histories on the forex market.
                                    It has almost a decade of experience which in and of itself means that I can confidently trust my money to it.
                                    Plus the watchdog of the broker includes the compensation fund to cover the clients’ deposits in case something goes wrong and the company won't be able to fulfill the withdrawals.
                                    I wanted to start with forex trading first, but it seems like there is no forex trading at all. As even in the forex tab there is no volume choice, buy and sell options and all the attributes that I read about prior to registering with this broker. Does this broker even give the possibility to trade forex?
                                    May 18, 2023
                                    Complaint marked as Resolved 
                                    Oh, I get it. It’s the same forex trading nut with an Olymp trade twist. I mean it's forex trading but with fixed amounts. Which is actually quite cool at times and also can be much safer than ordinary forex.
                                    Olymp Trade customer support has been notified about the posted complaint.
                                    Hello, Animesh Sant.

                                    Thanks for taking the time to share your thoughts and feedback with us. Olymp Trade is a certified broker. That is why we are fully committed to our client’s benefits. Olymp Trade offers Fixed Time Trade and Forex.

                                    Forex is an international trading platform where currencies are bought and sold. It’s generally believed that the Forex market is the largest by volume and number of transactions.

                                    A Forex trader needs to predict how the price of a selected asset will change. In addition, the profit on the trade depends not only on the invested amount but also on how much the price of the asset rises or falls.

                                    We have instructions on how to open a trade in the Forex mode. https://plus.olymptrade-vn.com/en/help/category/forex-guide/instructions. You can easily follow it.

                                    Best regards, Olymp Trade team.
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                                      Abhinav singh 122
                                      from Kanpur, Uttar Pradesh
                                      May 12, 2023
                                      May 17, 2023
                                      This thread was updated on May 17, 2023
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                                      2 days ago I deposited ₹694.91 to a guy named Famida Shaikh through QR and I haven't got my deposit in my trading account yet, I request a refund or please deposit the amount to my trading account
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                                      Olymp Trade customer support has been notified about the posted complaint.
                                      Hello, Abhinav singh 122.

                                      Thank you for letting us know about this. Please leave us with your ID account in the comment section. We will track the case with it.

                                      Best regards, Olymp Trade team.
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