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Olymp Trade Complaints & Reviews

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Updated: Feb 14, 2026
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M
Md. Tarikul Islam
Apr 1, 2023
Apr 4, 2023
This thread was updated on Apr 4, 2023
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I mistakenly uninstalled google authenticator. And later after whenever I want to log into my account, I am prompted to provide the 2FA code which I have no longer access.
Please, help me to gain access to my account. I've my email, password and phone number I used in opening my account.
Thanks
Olymp Trade customer support has been notified about the posted complaint.
Hello, Md. Tarikul Islam.

Thank you for letting us know about your case. To change your personal information or re-set up the 2FA, please contact our support team. You can contact us:
- via e-mail [protected]@olymptrade.com
- in a live chat at www.olymptrade.com
- in direct messages of our group www.facebook.com/olymptradecom/
We will help you! We will be very grateful for the update on your issue.

Best regards, Olymp Trade team.
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    Ajay12123
    Mar 30, 2023
    Apr 4, 2023
    This thread was updated on Apr 4, 2023
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    After giving the task, 5 days still the amount has not been credited. If I add 7th deposit on saturday and sunday, 48 hours is 9th and how many days wait in total?
    Olymp Trade customer support has been notified about the posted complaint.
    Hello, Ajay12123.

    Thank you for writing to us. We are writing to you to let you know that we have acknowledged your case. Kindly keep the conversation in one place for easy communication: https://www.consumercomplaints.in/olymp-trade-b115849#get-cl3410031. We are also waiting for your response regarding your ID account.

    Best regards, Olymp Trade team.
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      smmmm
      Mar 30, 2023
      Apr 4, 2023
      This thread was updated on Apr 4, 2023
      Resolved
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      Resolved

      I am helping all youngsters here because I see more youngsters are using this app. Please humble request to not lose your money on this app, uninstall the app and move on with your life, if you are really interested in trading do intraday in the Indian stock market (NSE/BSE). RBI has already banned this app, you can 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.
      May 5, 2023
      Complaint marked as Resolved 
      Olymp Trade customer support has been notified about the posted complaint.
      Verified Support
      Apr 04, 2023
      Olymp Trade Customer Care's response
      Hi, smmmm!

      Thank you for sharing your concerns with us. We ensure that you can continue trading safely with us! Olymp Trade has the legal right to offer its services to clients worldwide, as we have been doing for the last 9 years. The regulation you mentioned specifies that Forex trading with currency assets is not authorized in India.

      To stay in line with the RBI and continue trading in FTT and Forex modes freely, simply open deals with other assets, except currencies. You can use commodities, indices, cryptocurrencies, metals, and more. Alternatively, you can turn to other trading modes offered on the platform.

      Kindly note that you can view the history of quotes on our platform. To do this, please go to the "Help" section on the platform and select the "Assets" menu. After choosing the asset which you want to check, you can find the information of quotes under the "Quotes History" sub-menu. There, you can select the date and time of the quote which you would like to check. Also, we have an independent department in our company that works in such situations. If you do not agree with the results of the trades, then they will check them for you. Please send an e-mail to [protected]@olymptrade.com.

      Wish you productive trading!
      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.
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        M
        Mustafa Iyer
        from Coimbatore, Tamil Nadu
        Mar 29, 2023
        Mar 30, 2023
        This thread was updated on Mar 30, 2023
        Resolved
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        Resolved

        I have been trading on this platform for a few weeks now. I can say that the platform and the conditions of the broker are completely suitable for me. I can apply my trading strategy and gradually started to earn.
        But I had a problem with installing the desktop version of the platform. I click on the download button and see the file download happening in my browser. The process completes. I open a folder on my computer called Downloads, but the file I downloaded is not there.
        While downloading, I see that the name of the platform changes with each new download. The last digit in brackets changes. And it always changes by one unit. The last time it was like this: (9)
        Apr 5, 2023
        Complaint marked as Resolved 
        Haha.. that is hilarious. I opened the wrong folder on my desktop. I found all nine files I downloaded and the tenth one I used to select "open folder location".
        Olymp Trade customer support has been notified about the posted complaint.
        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. You can trust my research because I do intraday trading in stock market, so I am quite experienced trader.

        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.
        Olymp Trade Customer Care's response, Apr 4, 2023
        Verified Support
        Hello, Mustafa Iyer.

        We are incredibly grateful for your honest feedback. We are glad that you have chosen Olymp Trade. We offer the finest trading conditions for users. We also provide free education for new traders.

        Regarding your question, according to our understanding, you have downloaded it many times. You need to do one more step which is to click on the app you have just downloaded. It will automatically install and open the app for you. If you have any questions, please, contact us in online chat, via e-mail [email protected] or on Facebook www.facebook.com/olymptradecom/ We will help you!

        Best regards, Olymp Trade team.
        Olymp Trade Customer Care's response, Apr 4, 2023
        Verified Support
        Hi, smmmm!

        Thank you for sharing your concerns with us. We ensure that you can continue trading safely with us! Olymp Trade has the legal right to offer its services to clients worldwide, as we have been doing for the last 9 years. The regulation you mentioned specifies that Forex trading with currency assets is not authorized in India.

        To stay in line with the RBI and continue trading in FTT and Forex modes freely, simply open deals with other assets, except currencies. You can use commodities, indices, cryptocurrencies, metals, and more. Alternatively, you can turn to other trading modes offered on the platform.

        Kindly note that you can view the history of quotes on our platform. To do this, please go to the ""Help"" section on the platform and select the ""Assets"" menu. After choosing the asset which you want to check, you can find the information of quotes under the ""Quotes History"" sub-menu. There, you can select the date and time of the quote which you would like to check. Also, we have an independent department in our company that works in such situations. If you do not agree with the results of the trades, then they will check them for you. Please send an e-mail to [email protected].

        Wish you productive trading!
        Best regards, Olymp Trade team.
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          MehulChahal7711
          from Chennai, Tamil Nadu
          Mar 29, 2023
          Mar 30, 2023
          This thread was updated on Mar 30, 2023
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          Olymp trade fixed time trading mode gives a lot of opportunities to me as a high frequency trader. I think that no other forex broker would allow me to open so many deals intraday really.
          However I read on the olymp blog that I can trade even faster than minutes. That there is an option to choose seconds instead of minutes. Yet I didn’t find anything like that on the trading platform.
          Is it possible that this type of trading is only accessible to a certain traders with certain deposit sizes?
          Apr 3, 2023
          Complaint marked as Resolved 
          Thanks to the olymp client support. They helped me to find the Quickler, the tool that I was looking for to make even more deals through the day.
          Olymp Trade customer support has been notified about the posted complaint.
          Don't event think of trading in seconds, even if you place trades accurately, olymptrade manipulated chart will make you lose, it will shift to losing position at the last millisecond of trade closing time and you will lose, not all but most of the time it happens..
          Olymp Trade Customer Care's response, Mar 29, 2023
          Verified Support
          Hello, MehulChahal7711.

          Thanks so much for your positive feedback and good vibes. We are glad that you have sent this question to us. In the Fixed Time Trade mode, you can trade within minutes or seconds. This applies to any user.

          To access the seconds’ trades, please go to the FTT mode. In the duration tab, choose Quick. You would find trades with seconds.

          Hope we clarified your question.
          Best regards, Olymp Trade team.
          Olymp Trade Customer Care's response, Mar 29, 2023
          Verified Support
          Hello, Smmmm.

          It's a pity that you have made this conclusion. Olymp Trade is a transparent and trustworthy broker certified by our regulator – Finacom. We would do nothing to harm this title. Therefore, it does not make sense if we tried to manipulate the price.

          You can view 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. There you can select the date and time of the quote you want to check.

          Best regards, Olymp Trade team.
          Hello brother, I am making a humble request to not lose your money on this app, uninstall the app asap and move on with your life, if you are really interested in trading do intraday in the Indian stock market (NSE/BSE). 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.
          Olymp Trade Customer Care's response, Apr 4, 2023
          Verified Support
          Hi, smmmm!

          Thank you for sharing your concerns with us. We ensure that you can continue trading safely with us! Olymp Trade has the legal right to offer its services to clients worldwide, as we have been doing for the last 9 years. The regulation you mentioned specifies that Forex trading with currency assets is not authorized in India.

          To stay in line with the RBI and continue trading in FTT and Forex modes freely, simply open deals with other assets, except currencies. You can use commodities, indices, cryptocurrencies, metals, and more. Alternatively, you can turn to other trading modes offered on the platform.

          Kindly note that you can view the history of quotes on our platform. To do this, please go to the """"Help"""" section on the platform and select the """"Assets"""" menu. After choosing the asset which you want to check, you can find the information of quotes under the """"Quotes History"""" sub-menu. There, you can select the date and time of the quote which you would like to check. Also, we have an independent department in our company that works in such situations. If you do not agree with the results of the trades, then they will check them for you. Please send an e-mail to [email protected].

          Wish you productive trading!
          Best regards, Olymp Trade team.
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            H
            Hari prabala
            from Vellore, Tamil Nadu
            Mar 28, 2023
            Mar 30, 2023
            This thread was updated on Mar 30, 2023
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            Hello sir/madam,
            Last year dec 27 2022 i got your message.in that message you told me. i have to wait for 30 days for money transfer according international payment system but still i didnot receive anything yet .how long i have to wait . almost 2 month gone.i don't have hope get my money back to my account.
            Olymp Trade customer support has been notified about the posted complaint.
            Greetings, Hari Prabala.

            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. Kindly leave us with your ID account in the comment section. We will check the case and contact you for more detail.

            Best regards, Olymp Trade team.
            Hari prabala's [Complaint's author] reply, Apr 2, 2023
            This is my account USER ID no:55494830
            Please solve this problem
            Olymp Trade Customer Care's response, Apr 5, 2023
            Verified Support
            Hello, Hari Prabala.
            We are writing to you to let you know that we have sent your case to the financial department. They are working from their side and will contact you shortly.

            Best regards, Olymp Trade team.
            Hello brother, I am making a humble request to not lose your money on this app, uninstall the app asap and move on with your life, if you are really interested in trading intraday in the Indian stock market (NSE/BSE) which are 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.
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              Abdul Morar
              from Bengaluru, Karnataka
              Mar 28, 2023
              Mar 30, 2023
              This thread was updated on Mar 30, 2023
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              I have been trading here for a while and still getting used to the trading platform. Even though it's a proprietary one, it works stably without any glitches and lags. Props to it.
              However, recently I found out that there is a kind of subscription that cost trifles. I remember that I had bonuses back then, and decided to pay the subscription using these funds. But! Nothing worked actually... I tried to subscribe several times and all the efforts were in vain. What's it? The broker tried to cheat on me?
              Mar 30, 2023
              Complaint marked as Resolved 
              Oh my goodness... I thought that I would be attentive enough to read all the terms and conditions properly. However, I wasn't. I didn't read the information about paying subscription with bonuses... and that's the reason I had no idea that paying subscription should be processed with my own money or profits made out of bonus one. Shame on me, as it's said.
              Olymp Trade customer support has been notified about the posted complaint.
              Hi, dear Abdul Morar.

              Thank you for your feedback. We are thrilled to have you as part of our big community! Olymp Trade strives to provide the finest trading conditions for traders. That is why we make sure that the platform works perfectly.

              Regarding your question, bonus funds cannot be used for buying subscriptions. If you wish to buy it, you can use the actual funds.

              Hope we clarified your question.
              Best regards, Olymp Trade team.
              Hello brother, I am making a humble request to not lose your money on this app, uninstall the app asap and move on with your life, if you are really interested in trading, do 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.
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                S
                smmmm
                Mar 28, 2023
                May 10, 2024
                This thread was updated on May 10, 2024
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                Olymp Trade fraud chart manipulation alert, guys be aware

                I can 100% confirm that the olymptrade manipulates the chart, at the initial period I didn't detect it, 3 times I lost and I was clearly observing the candle, in the last milliseconds it shifts to the losing position, and in a millisecond returns back to the original position again. This is clear manipulation because the candle doesn't shift instead it animates and moves up and down smoothly as per the selected timeframe.

                This...
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                M
                Monu23p
                from Mohali, Punjab
                Mar 25, 2023
                Mar 27, 2023
                This thread was updated on Mar 27, 2023
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                I have a olymptrade account with name BULLFLY. i have deposited 700 rupees to olymptrade account through UPIPAY. But now it is showing failed and my money was deducted. It's been more than 3 day. I have contacted them but they are irresponsible.
                Olymp Trade customer support has been notified about the posted complaint.
                Hi, Monu23p.

                Thank you for letting us know about this. We are sorry to hear about your disappointment with us. Currently, we have technical difficulties with UPI. We can sort out the case for you. To do so, please leave us your ID account in the comment section. With it, we can track the pending and contact you with comprehensive support.

                Best regards, Olymp Trade team.
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                  Ajay12123
                  Mar 24, 2023
                  Mar 30, 2023
                  This thread was updated on Mar 30, 2023
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                  Deposit complaint 3 days

                  The 20 ero I deposited is still not credited to my trading account, but when I check it says failed....
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                  J
                  Jayesh Lakshmi
                  Mar 23, 2023
                  Mar 27, 2023
                  This thread was updated on Mar 27, 2023
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                  Resolved

                  I heard of such a fascinating tool - risk free trades. As far as I knew they could be activated only if you have a specific status, Expert, and actually they help you to get back money from a lost trade. So, I also heard that it's possible to buy them, intentionally.
                  I started trading and actually did a lot to analyze one deal precisely. I was fully convinced of my forecast, but unfortunately, there was a mistake in the analysis and I didn't count some crucial variables. Still, I couldn't find any ability to get this position back. So, what's wrong? I was disinformed or something?
                  Mar 28, 2023
                  Complaint marked as Resolved 
                  Crap... Shame on my inattentiveness. I ought to read terms and conditions properly. How could I miss the information about fixed-time trading mode. This instrument can be applied only to this mode and somehow I forgot to get aware of it before opening a position. Well... At least I gained experience, and it will help me not to make such silly mistakes in future. Thanks for clarification!
                  Olymp Trade customer support has been notified about the posted complaint.
                  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.
                  Olymp Trade Customer Care's response, Apr 6, 2023
                  Verified Support
                  Hi, Jayesh Lakshmi.

                  Thank you for writing back to us and marking this as “resolved”. It is always a pleasure to be able to help with a question. Kindly note that we can learn to trade together. We offer free education and a demo account for you to practice.

                  We wish you a lot of success!
                  Best regards, Olymp Trade team.
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                    Krishnaaero
                    Mar 23, 2023
                    Mar 30, 2023
                    This thread was updated on Mar 30, 2023
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                    Its been 25 days my payment got failed from olymptrade end but upi payment is successful its 2000 rupees . still no response. olumptrade is cheating like anything.
                    Olymp Trade customer support has been notified about the posted complaint.
                    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.
                    Krishnaaero's [Complaint's author] reply, Mar 30, 2023
                    my id 94982653
                    Olymp Trade Customer Care's response, Apr 4, 2023
                    Verified Support
                    Hi, Krishnaaero.

                    Thank you for replying to us. We have passed your ID account to our financial specialists. They will contact you shortly.

                    Best regards, Olymp Trade team.
                    Krishnaaero's [Complaint's author] reply, Apr 8, 2023
                    still no update regarding my refund
                    Krishnaaero's [Complaint's author] reply, May 3, 2023
                    why you people not at all resolving my complaints
                    Olymp Trade Customer Care's response, May 9, 2023
                    Verified Support
                    Hi, Krishnaaero.

                    We are writing to you to let you know that we have sent an email to you. Kindly check your email. If you have any questions, you can check with our support team via that email.

                    Thank you for your patience.
                    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.
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                      Ashishvppp
                      Mar 22, 2023
                      Mar 24, 2023
                      This thread was updated on Mar 24, 2023
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                      Address: Punjab chechuru
                      Website: Olymp trade app

                      Hi the found i deposited on the olymp trade app is not showing either in the dashboard or in my bank account, i have clicked "I have paid" option still not showing
                      Request number:-[protected]
                      Deposited:-700
                      Olymp Trade customer support has been notified about the posted complaint.
                      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.
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                        Kartik Chhangani
                        Mar 22, 2023
                        Mar 30, 2023
                        This thread was updated on Mar 30, 2023
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                        Address: Bhosari

                        Hello sir I have done payment through UPI QR but in olymp wallet it will not credited and in transaction history it will show as transaction failed and it will be 12 hours from payment pls take an action pls refund my amount in my bank account
                        Olymp Trade customer support has been notified about the posted complaint.
                        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.
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                          Kartik Chhangani
                          Mar 21, 2023
                          Mar 30, 2023
                          This thread was updated on Mar 30, 2023
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                          Address: Pune

                          Hii sir I have deposited amount but after sometime in transaction history it will show as failed transaction then what should I do please refund my amount in my account
                          Olymp Trade customer support has been notified about the posted complaint.
                          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.
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                            Prasoon Chahal
                            from Delhi, Delhi
                            Mar 21, 2023
                            Mar 21, 2023
                            This thread was updated on Mar 21, 2023
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                            Resolved

                            I thought this was a renowned place for converting foreign exchange pairs into each other for a profit, or a loss for that matter. That does not matter. The issue is that, I opened up for this company after seeing the reviews about it, came to the conclusion that it is safe, reliable, and I will have access to all these assets.

                            Okay. So I deposited. They don't take many national currencies, so I deposited what they wanted. This is my first time doing this, and I wasn't even looking to become a trader. So I go on there, see all these forex pairs I can trade, and somehow I can trade the Japanese Yen, the Australian Dollar, the Swiss Francs, all that. I buy and sell Japanese yen against the US dollar, but if I buy Japanese yen, why do I win or lose money in my own currency? I don't want USD or INR, I want JPY yen, I want to buy JPY and being able to withdraw JPY. Doesn't it work like that?
                            Mar 24, 2023
                            Complaint marked as Resolved 
                            Allright guys, I had to dig in, talk to the customer service and do some research. Turns out, you are not actually buying the currency, but you are buying something called the contracts for differences (CFDs). So you only trade them for the profits and losses. I don't have any problems with it anymore, now that I understood how the system works.
                            Olymp Trade customer support has been notified about the posted complaint.
                            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.
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                              ARJUN TOMAR
                              Mar 21, 2023
                              Mar 21, 2023
                              This thread was updated on Mar 21, 2023
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                              It's been more than 15 hours.
                              It's being very late, I need money for personal use urgently.
                              Kindly process my withdrawal.
                              User ID: 79878460
                              Olymp Trade customer support has been notified about the posted complaint.
                              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.
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                                Ashok kumar singh05
                                from Meerut, Uttar Pradesh
                                Mar 20, 2023
                                Mar 21, 2023
                                This thread was updated on Mar 21, 2023
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                                Address: Meeurt

                                They are not refund my 20$ in my account
                                Olymp Trade customer support has been notified about the posted complaint.
                                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.
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                                  Ashok kumar singh05
                                  from Meerut, Uttar Pradesh
                                  Mar 20, 2023
                                  Mar 21, 2023
                                  This thread was updated on Mar 21, 2023
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                                  I have deposit two time s10$in my account but both time my fund is not credited in my account and they guys just making fool me
                                  Olymp Trade customer support has been notified about the posted complaint.
                                  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.
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                                    Ziege
                                    Mar 18, 2023
                                    Mar 22, 2023
                                    This thread was updated on Mar 22, 2023
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                                    Address: James Street, Kingstown, First Floor, First St Vincent Bank Ltd Building, Saint Vincent and the Grenadines India

                                    Greetings, i just receive a call from someone who says he's from Olymp Trade (from Indonesia) since i lived in Indonesia, says the stock market in OT was gonna be deleted from the platform, is this true? and if it is, when? because i'm investing in some stocks (alibaba) and don't want to sell it because the loss is too big at this time, it is true it's gonna be no more stock trade or it will always there at Olymp? been using OT about 2yrs or so, so far no problem, this is the first time i'm hearing this, so please send the confirmation from OT, thanks.
                                    Olymp Trade customer support has been notified about the posted complaint.
                                    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.
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