Olymp Trade Complaints & Reviews

Greetings, Jayesh Lakshmi.

Thank you for writing to us. We are glad to confirm that we do offer Risk free trades. Risk-free trade is a tool that safeguards your money in case of an incorrect forecast. If you open a deal with a risk-free trade and your forecast ends up incorrect, the trade amount will be returned to your account.
How does risk-free trade work?
If you have a risk-free trade, you can activate it and open trade within a specified amount. In the case of a negative result, you will not lose the trade amount.
For example, the risk-free trade amount is 100 USD. It means that after you activate the risk-free trade, you may open a trade that does not exceed 100 USD. In case of an unsuccessful trade, you do not lose that 100 USD, you get this amount back. You may activate the trade amount which is less than the risk-free trade limit. Example: The risk-free trade limit is 100 USD. You have activated the risk-free trade but entered 80 USD as the "trade amount". In case of an unsuccessful trade, we will return 80 USD to your account. However, the whole 100 USD risk-free trade will be consumed.
Please be informed that a risk-free trade doesn't work with a pending order. If you activate a risk-free trade and then, create a pending order, when the deal is activated, it will be executed as a normal deal without risk-free protection.

Hope we clarified your question.
Best regards, Olymp Trade team.

Greetings, Krishnaaero.

We are sorry to hear of your less than satisfactory experience and hope you will accept our sincerest apologies. We are committed to providing great customer service and we would like to make things right. Please leave us your ID account so we can investigate and respond to you quickly.

Best regards, Olymp Trade team.

Hi brother, I am helping all youngsters here because I see more youngsters are using this app. Please please it's a humble request to not lose your money on this app, uninstall this app asap and move on with your life, if you are really interested in trading, learn intraday in the Indian stock market (NSE/BSE) which is backed by gov entity SEBI. RBI has already banned this app, you can check here - https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=4183

I have been using this app for a month now already lost more than 200 dollars, this is my research on this app.

How it all begins
- You get influenced by watching fake YouTubers and influencers showing how they earn 1000s of dollars per day by making a 1-2 minute trade, which is totally fake.
- You download the app and see that it has a demo account with demo money.
- You start trading with a demo account, and you see how easy you are winning the trades, you will start winning 7 out of 10 trades.
- This will motivate you to try with your real money.
- That's where the game starts when you start trading with real money, the chart starts manipulation, and you will start losing 7 out of 10 trades because the prices are manipulated.
- To be even more

Check my other complaints and comments, I have already shared the proof of how olymptrade fraud chart manipulation works.

Hello, Ashishvppp.

Thank you for bringing this to our attention. Kindly leave us your ID account. With it, we can track the pending and contact you with comprehensive support.

Best regards, Olymp Trade team.

Greetings, Kartik Chhangani.

Thank you for bringing this to our attention. We have technical difficulties with UPI. Kindly leave us your ID account. With it, we can track the pending and contact you with comprehensive support.

Best regards, Olymp Trade team.

Hi brother, I am helping all youngsters here because I see more youngsters are using this app. Please please it's a humble request 🙏🙏 to not lose your money on this app, uninstall this app asap and move on with your life, if you are really interested in trading, learn intraday in the Indian stock market (NSE/BSE) which is backed by gov entity SEBI. RBI has already banned this app, you can check here - https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=4183

I have been using this app for a month now already lost more than 200 dollars, this is my research on this app.

How it all begins
- You get influenced by watching fake YouTubers and influencers showing how they earn 1000s of dollars per day by making a 1-2 minute trade, which is totally fake.
- You download the app and see that it has a demo account with demo money.
- You start trading with a demo account, and you see how easy you are winning the trades, you will start winning 7 out of 10 trades.
- This will motivate you to try with your real money.
- That's where the game starts when you start trading with real money, the chart starts manipulation, and you will start losing 7 out of 10 trades because the prices are manipulated.

Check my other complaints and comments, I have already shared the proof of how olymptrade fraud chart manipulation works.

Hi, Kartik Chhangani.

Thank you for bringing this to our attention. We have technical difficulties with UPI. Kindly leave us your ID account. With it, we can track the pending and contact you with comprehensive support.

Best regards, Olymp Trade team.

Hi brother, I am helping all youngsters here because I see more youngsters are using this app. Please please it's a humble request 🙏🙏 to not lose your money on this app, uninstall this app asap and move on with your life, if you are really interested in trading, learn intraday in the Indian stock market (NSE/BSE) which is backed by gov entity SEBI.
RBI has already banned this app, you can check here - https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=4183

I have been using this app for a month now already lost more than 200 dollars, this is my research on this app.

How it all begins
- You get influenced by watching fake YouTubers and influencers showing how they earn 1000s of dollars per day by making a 1-2 minute trade, which is totally fake.
- You download the app and see that it has a demo account with demo money.
- You start trading with a demo account, and you see how easy you are winning the trades, you will start winning 7 out of 10 trades.
- This will motivate you to try with your real money.
- That's where the game starts when you start trading with real money, the chart starts manipulation, and you will start losing 7 out of 10 trades because the prices are manipulated.

Check my other complaints and comments, I have already shared the proof of how olymptrade fraud chart manipulation works.

Hello, Prasoon Chahal.

Thanks so much for sharing your experience with us. We are glad you have made this question. As far as we understand, you may have a confusion about the assets definition. Assets are subject to trade. The asset price is mainly affected by the volume of trades on it. The more traders buy the asset, the faster its price rises. If the asset is sold in high volumes, its price falls. The asset price fluctuation over a particular time interval is called volatility.

Please note that the purpose of trading often is not to purchase an asset but to make a profit on the difference between its buy and sell prices. It means you can earn when the asset price rises and when it goes down. So when you trade JPY/USD, you do not earn JPY, you are gaining profit from the price.

Hope this is clarified your question.
Best regards, Olymp Trade team.

Hello, ARJUN TOMAR.

We are writing to you to let you know that we have passed your information to our specialist. They will contact you shortly.

Best regards, Olymp Trade team.

Hello, Ashok kumar singh05.

Thank you for writing to us. Please provide us with your ID account so that we can check the case for you.

Best regards, Olymp Trade team.

Hi, Ashok kumar singh05.

We would recommend you not process any further deposits until the previous one succeeds. Kindly leave us your ID account in the comment section, so we can track the pending.

Best regards, Olymp Trade team.

Hello, dear!

Yeah, unfortunately, it’s true. We’ve stopped our Stocks trading mode to focus on improving the trading modes our traders enjoy the most: Fixed Time Trading and Forex. All Stock positions will be closed at the available quote on April 3. To make sure you come out with a profit, we recommend selling your positions before that date.

Thank you for your understanding! We are committed to providing the best trading experience possible.
Best regards, Olymp Trade team.

Hello, Dasras Dyal.

We really appreciate you taking the time to share your experience. However, we need to make it clear that trading involves risks. And we highly recommend every trader to trade with knowledge. In your case, we think you just need to gain your trading knowledge and practice your trading skills. The good news is that Olymp Trade offers an educational database and a demo account. This could be a place for you to start doing training and getting to trade right.

Wish you a good start.
Best regards, Olymp Trade team.

Hello, Ajay12123.

Thank you for writing to us. Please provide us with your ID account. So that we can track the pending and we will contact you with comprehensive support.

Best regards, Olymp Trade team.

Hello, Charan Chopra.

Thank you for taking the time to provide a rating, your opinion is valued greatly and it helps us maintain an excellent standard of service to our traders. Olymp Trade strives to provide the finest trading conditions including some points you have listed out. We would like to maintain a high quality of service for users.

Regarding your question, we offer a higher return rate for accounts with Advanced and Expert status. To gain this status, you can increase your deposit or gain XP. For Advanced status — you need to deposit at least $500/€500 or USDT 100 to your USDT account. For Expert status— you need to deposit at least $2000/€2000 or USDT 500 to your USDT account

You can also upgrade your status by earning experience points (XP), which you can get by making trades on a live account and completing Trader's Way tasks.

Best regards, Olymp Trade team.

Greetings, Lucifer6663.

Thank you for letting us know about this. We can sort out the case for you. To do so, please leave us with your ID account in the comment section. With it, we can contact you and receive your request.

Best regards, Olymp Trade team.

Hello, dear Nawab G.

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/
In this communication way, we can understand fully the situation. We will be very grateful for the update on your issue.

Best regards, Olymp Trade team.

Hello, Silvius Fernandes.

Thank you for contacting us. According to our understanding that your account is going through an investigation. We know that our clients are used to fast and smooth KYC processes on the Olymp Trade platform. There are just a few rare cases when the account may get tagged by the security system as ‘suspended’ due to suspicious activity.

Please note that our clients who trade in line with the platform’s policies are not subjected to such check-ups. If you do not agree with the decision, you can file a complaint to [protected]@olymptrade.com. They will review your case and give a final decision from the company.

Do not hesitate to contact us if any questions or concerns appear.
Best regards, Olymp Trade team.

Hello, Hasin Bajaj.

Thanks for taking the time to share your thoughts and feedback with us. We believe that now you already have the experience you can make a good choice for trading. We are also glad you chose Olymp Trade for this time.

The stock would be grey when the stock market is closed. You can wait until the market opens again. You can see when the market is on when you click on the wanted stock.

If there's anything else we can do to help, please let us know.
Best regards, Olymp Trade team.

Hello, Ahmad0A.

It is a pity that you made that conclusion. Olymp Trade is well-known as a reliable broker. Your response is very concerning to us. If you do not agree with the decision, you can file a complaint to [protected]@olymptrade.com. They will review your case and give a final decision from the company.

Best regards, Olymp Trade team.

Hi, Praveen9968.

Thank you for letting us know about the pending. To solve it, please leave us with your ID account. With it, we can investigate the case and contact you with comprehensive support.

Best regards, Olymp Trade team.