Olymp Trade Complaints & Reviews

I started trading with this brokerage platform not quite a long time ago and still ain't aware of different peculairities connected to functions. I know about... uhm, trading modes, statuses, leverage which is substituted with multiplier and some perks from the martkeplace.
A couple of days ago I was trading normally, you know, a typical routine day, but once I pushed some buttons and now all the deals are executed wiothin 5 sec. lol
Have nk single idea what it may be, but it really hinders trading! It would be cool if someone appears and explain everything to me, because I don't really understand what is going on.

Olymp Trade is truly hyped in the info field! I have heard of them a lot, I read their own blog, I even communicated with some fellow traders from there and they told me that this was the platform one coudl easily learn trading, make profits and grow as a trader.
So I joined.
I have read information in their help center, there are many features like marketplace, quickly, statuses and many more to ponder on.
But i have a kind of confusion with statuses. I thought I would be able to upgrade my status quickly and without any efforts, but for the period I am trading, I am still on the basic status, called "Starter"... Don't understand what's going on, is this system ACTUALLY complete?

I have been trying to make use of the signals button that I found on the platform, but for some reason, I never seen any signals. Someone mentioned that there were free signals, but it seems that all the signals have to be paid for. But I think it would actually benefit the broker if there were free signals on the platform to actually reassure traders that the platforms signals work just fine. Now I am skeptical that the sinals that I would actually pay for would give only a few signals. There is no way to actually confirm that they are useful to me.

I made a deposit of 700 Indian rupees, and they're still pending to appear in my trading account from the last 2 Days days. Customer support has no proper information, and money still has not been created in my trading account.

I am planning to make a cybercrime case against the account holders and Olymp Trade. Because they are thousands of complaints about the {Deposit not credited} But still many of them are didn't get.
I'll tweet in a twitter about this fraud of Olymp Trade.

Please don't trade with such a platform where your payment gets stuck every time.
They have to solve this issue ASAP

Payment proof is attached.
Deposit
request no. [protected]
Olymp profile user id.[protected]
Name - Manahil abdul rahman
email - [protected]@gmail.com

I mostly trade stocks on the trading platform and, of course, I can open trading positions during the opening of the American session. I wanted to tell you that I like the trading conditions and the platform is multifunctional. I wanted to increase the margin to open more positions on stocks, but I did not understand where the leverage is. I kind of click buy in the order and increase the number of stocks to buy, but I can't do it and the order is canceled.

Last weekend I decided to open trading account and installed trading platform on my computer.
But unfortunately I got limited access to trading.
Here is how my problem looks like. Many financial instruments are not available. They are blocked and cannot be traded. At the same time they are closed both on demo account and on account I opened.
I assume that I opened limited type of account or downloaded a limited trading platform.

On the day I checked all this I decided to delay the problem for later. But today I had some free time and thought that I should write about this problem on this site.
I plan to check it again next weekend. And maybe platform needs some time to unblock access to trading.

I recently signed up for an account on this platform because I noticed in the net guys were writing about this platform have successfully launched whole new Bitcoin ETF. I know that it's called here iShares bitcoin trust, m so after passing through the registration, completing all mandatory verification steps, I decided to check it out.
Well, it took a bit more time for as I expected, because I got fascinated about the abundance of information and different tools on the platform, so after the research of the olymp trade platform's capabilities, I wanted to open my first position and couldn't!!! There was a lock on the chart and I couldn't push any buttons, lol.
It turned out to be not a credible information? :) I mean about BTC ETF...

For a long time I wanted to start trading on financial markets and spent a lot of time looking for suitable broker.
When searching I took into account many factors. Such as favorable conditions, positive customer reviews, possibility to get demo account.
In several reviews I saw that this broker provides its clients with a special trading platform for demo trading. So I am sure that Olymp Trade has such platform. However, unfortunately, I don't know how to find it.
I searched for special button to download demo platform on company's website for quite a long time.
But all I found was a platform for real trading.
Well, I'm not ready to trade on a real account yet and would like to start with demo trading. So I would really like to find this platform and use it.

Guys, I have been trading with the olymp trade for like a solid amount of time already and so far experienced no hardships. but recently strange things started to happen.
When I analyze the market, draw something on the chart and try to open the order, it's being opened like within 10 or even 20 seconds after the request, so as you can guess, I easily miss that tasty entry point I wanted to catch.
The same is about closing orders, too, I don't know what is happening, but i started noticing that pages and the platform itself is loading tooo slow. What is that? Olymp trade deliberately slows down the performance of my laptop not to allow me making money? Such a whole new way of spiting traders...

I read tons of reviews online about how the trading signals that are provided on Olymp Trade’s platform. And this was one of the main reasons why I decided to register an account with this broker. They approved my account, I deposited and boom… there are no trading signals…. I have waited three days already and not a single signal came out. I noticed that I have a Starter account status and I am wondering if I don’t receive signals because of my status or what could be other possible reasons!?

I have been using Olymp Trade for a while and overall I am quite satisfied with the platform. Sometimes, when I switch between different assets or charts, there is a slight delay in loading the data. It's not a big problem, but it can be a bit frustrating when trying to make quick trading decisions. I understand that technical glitches are inevitable, it will take me a while to sort it out, but I think I can handle it.

Dear Olymp Trade,

I am writing to express my deep dissatisfaction with the lack of response to my previous email regarding the non-receipt of a deposited amount into my trading account.

It has been three days since I reached out to inform you about the issue, and I have yet to receive any acknowledgment or resolution. This lack of response is highly disappointing, particularly considering the urgency of the matter and the potential financial implications.

As a valued customer, I expect a timely and professional response to my concerns. The delay in addressing this issue is causing me significant inconvenience and uncertainty about the status of my funds.

I urge you to prioritize this complaint and promptly investigate the status of the deposit. I request a clear explanation for the delay and a definitive timeline for the resolution of this matter.

I trust that Olymp Trade values its customers and is committed to providing efficient and effective customer service. I expect a swift and satisfactory resolution to this issue.

I look forward to your immediate attention to this urgent complaint and a timely response.

Deposit Request ID :[protected]

USER ID: 86005301

I can't say that I am truly proficient at trading with this broker, and actually can't say the same about the overall trading experience, but I have some knowledge.
In fact i like this trading platform, it looks fresh and modern, this is something I love most about it. It has many assets for trading, certain modes which are unknown to me so far, I mean, haven't tried them yet, and it has reliable customer support and well-developed help center.

The point of my message is about certain oddities happening right after I decided to open my first order. When I open an order, about 5 sec passes and it's closed. I ain't exclude I am not attentive enough, and I admit that I am not familiar with the platform on full, but what is it?

User Id: 79878460
Mail Id: [protected]@gmail.com

It's been so frustrating now.
I have advanced level, still this process needs too much time.
It's going to be 3 days now of waiting.
Can't wait more.
Kindly process my money and reflect into my bank account.

The world of trading is quick-paced and the need to have tools and resources that help traders keep up with such a pace is indeed required. One of those tools, or features, is the multi-chart function. Maybe some people do not really care about such a function and rely on trading each instrument at a time, but some o[censored]s actually appreciate it and cannot work effectively without it.
One of the reviews I read when researching the broker mentioned the Multi-chart function of Olymp trade. I have searched for it and I have not been able to turn it on. I have started to think that the reviews were false.

I made two deposits of 3200 and 5100 Indian rupees, and they're still pending to appear in my trading account from the last 8–9 days. Customer support has no proper information, and money still has not been created in my trading account.

I am planning to make a cybercrime case against the account holders and Olymp Trade.

Please don't trade with such a platform where your payment gets stuck every time.

Payment proof is attached.

Thanks
Rahul Pandey
[protected]

I made two deposits of 3200 and 5100 Indian rupees, and they're still pending to appear in my trading account from the last 8–9 days. Customer support has no proper information, and money still has not been created in my trading account.

I am planning to make a cybercrime case against the account holders and OlympTrade.

Please don't trade with such a platform where your payment gets stuck every time.

Payment proof is attached.

Thanks
Rahul Pandey
[protected]

I am really frustrated with this company.

I have deposited total of INR 60000

One with 35000 and 2nd with 25000

They have taken my money.

Its already 30days the are not crediting.

You know how you select the leverage of your account before you use it, this broker does not let you do that. Once you open an account, the broker just gives to you whichever leverage. I think it is the maximum leverage for all instruments because on the major currency pairs, I see something like 500X.
So what if I do not want to trade with 500X? Some people do not like to trade with high leverages like that and I think it is wrong of the broker to just give clients a fixed leverage. I think many people will agree with me. Or did I miss something?

I am relatively new to trading and Olymp Trade is my first brokerage. I took advice from a friend of mine that this is the best trading platform for beginners like me. Must admit that I got comfortable pretty quickly with the trading app. It’s not as complicated at all as I thought it would be. I am still trading on a demo account, but I have noticed that every weekend the platform crashes and it is impossible to trade. It works fine from Monday to Friday, but when I am free and have time to trade during the weekend it is impossible to execute any trade. Anyone else with the same problem?