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Olymp Trade Complaints & Reviews

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Last updated Apr 26, 2024
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Olymp Trade reviews & complaints page 4

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H
Har Panda
Jan 7, 2024
Jan 8, 2024
This thread was updated on Jan 8, 2024
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Stock trading is closed

Here's my story, guys.
Yesterday I opened trading account with this broker and since this is my first trading experience I spent some time studying platform. Moreover, it took me some time to deposit funds into my account.
When I was ready to trade it was already night, but nevertheless I decided that I should give it a try despite my tiredness.
When I opened the stock trading mode, I saw that trading was blocked. More...
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Gauransh Kaur
Jan 3, 2024
Jan 4, 2024
This thread was updated on Jan 4, 2024
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Cant find the USDT account type

One of the reasons I decided to open an account with Olymp Trade was the offer of a UDST account type. However, I have trouble finding it 😀
I filled out the registration form, downloaded the app, and uploaded the necessary documents to get my account verified. So far everything was good. They even approved my account pretty quickly, and I was ready to start trading and deposit my account. And here comes the trouble. I think the...
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Charandeep Gajendra
Jan 2, 2024
Jan 4, 2024
This thread was updated on Jan 4, 2024
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

I cant withdraw my money

I verified my account about a month ago by uploading all the necessary documents and I received an email that my account is approved and it is ready to be deposited. I had no problems with the deposit, I used a bank card, and the deposited amount showed immediately on my account.
Everything was perfect until I decided to withdraw some of my profits.
I noticed that they have plenty of payment methods to choose from, and decided...
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S
Saubhari Dial
Dec 27, 2023
Jan 1, 2024
This thread was updated on Jan 1, 2024
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

What's going on?

I noticed olymp trade broker somewhere in the net because I ran across an advertisement of it. Decided to give it a try, as why not to delve into trading with such a reliable company.
I have checked all the licenses, evaluated the website, skimmed through all the sections to understand who I was going to deal with.

Then I started to trade on the demo as it's the most important thing to adjust to the platform, to understand...
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Stpyash
from Sitapur, Uttar Pradesh
Dec 22, 2023
Dec 25, 2023
This thread was updated on Dec 25, 2023
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Transaction successful but money still not deposited

Hi am Yash, I made a a minimum deposit of 100$ on today

My amount has been debited from my bank account through GooglePay

Transaction ID :
[protected]

Olymp Name : Yash Chauhan
Olymp ID : 65339042

And amount not reflected live olymp trade account app
Please let to reflect as soon as possible...
+1 photos
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V
Vadin D
Dec 20, 2023
Dec 25, 2023
This thread was updated on Dec 25, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Was I misled?

I came here only because I detected that Olymp Trade broker offered access to a variety of trading modes. Some guys in the internet even spoke about the opportunity to comprise a real investment portfolio due to the help of the separate Stock mode.
When I started working with this broker, I of course tested conventional forex trading, to get convinced of the absence of any troubles connected to deposits, withdrawals, stabiltiy of...
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M
Mayank3242
Dec 19, 2023
Dec 25, 2023
This thread was updated on Dec 25, 2023
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Money is deducted but has not been credited to my olymp trade account

I deposited money. It has been deducted from my account but still not crredited in olymp trade account.
Trader ID[protected]
Date - 18 dec, 2023
Request ID - [protected]...
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H
Harsh.Adhya
Dec 17, 2023
Dec 25, 2023
This thread was updated on Dec 25, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Something strange happened

I made a decision to trade at olymp trade because it seemed to me like a very modern broker with a lot of cool things to offer to the customers.
For example the market in the platform or continuous trading tournaments.

But one thing that happened to me and I want to know what is going on.
The thing is I opened a deal recently and it was all good, I was net positive. However the next day I found my deal was closed...
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E
EhsaanE
from Ambala, Haryana
Dec 13, 2023
Dec 25, 2023
This thread was updated on Dec 25, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

It's not working for some reason

I realize I could have misunderstood something or pressed some wrong button. But I think broker should have warned me about it!
The thing is that when I logged into the platform last time on Sunday, none of the assets I checked were available for trading.
I checked my trading account balance several times and as far as I understood the account was not blocked. I have not received any messages on my e-mail.
I should also...
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M
Mehul_Nadig
Dec 12, 2023
Dec 25, 2023
This thread was updated on Dec 25, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

I cannot find the leverage on the platform.

I have spent significant time on the platform trading and so far it has been alright. The platform is stable and quite fun to trade on honestly. I keep finding new things... features and tools on the platform.
However, the platform seems to have its leverage locked in. You know how other traders ask you what leverage you want to use when you are opening a trading account? This broker doesn't do that. They just assign a leverage for...
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D
Din Dalavi
Dec 11, 2023
Dec 11, 2023
This thread was updated on Dec 11, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Strategy creating

I can call myself a regular on this trading platform, because I trade here daily, hone my skills, and I am found of so-called versatile development. I don't focus strictly on short-term trading, sometimes, I don't mind to buy some stocks for holding them for a long period, preliminary conducting proper fundamental analysis, gauging company's performance within a certain timeline and so on.
But, the matter of my request implies a bit...
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Gajra Suresh
Dec 7, 2023
Dec 11, 2023
This thread was updated on Dec 11, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

And where's education?

Some time ago, I was often looking for something useful on various forums or blogs and social networks. Of course I was looking for something useful about trading.
And one day I read that Olymp Trade provides its clients with a large education section. At that time I was just deciding to open account with this company, but I had doubts about whether this broker would be suitable for a beginner like me.
I opened trading account...
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F
Faraz565
Dec 6, 2023
Dec 11, 2023
This thread was updated on Dec 11, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Risk-free trades

Started trading here for a couple of weeks ago, and basically believe that Olymp Trade, in many regards, is an appropriate company, like both from the point of its reliability, and from the point of offered trading conditions.
Since then, I experienced no hardships whatsoever, and even if they arise, I redirect them to the custom support. These guys rescue for real.

But, back to the matter of the inquiry. I noticed...
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M
Mohanlal1986
Dec 4, 2023
Dec 11, 2023
This thread was updated on Dec 11, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

No accounts available.

I was told that the broker has different account types for traders. Not like the demo account and the live account, but real trading accounts. Just like other brokers do that you can pay more for an account with better trading conditions and stuff like that. Right now, the profitability that I have while trading FTT is not what I expected to be frank, and it is not nice. I should be mad at the person that recommended the broker to me and...
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H
Har Kanungo
Dec 2, 2023
Dec 10, 2023
This thread was updated on Dec 10, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Something was wrong with the verification

I have kicked off in the trading sphere with this broker long time ago. Sincerely, I don't even know what was the year when I commenced. Nevermind.

The point is that trading here was full of pleasure for me and I remember how I quickly signed up and verified my identity on the platform. I got down to business like within a day or something and since those times I have never had any questions about the platform, because their...
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Om Divakar
Dec 1, 2023
Dec 10, 2023
This thread was updated on Dec 10, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

How can I switch to USDT account type?

I have been trading with a USD account for a while and I made a couple of withdrawals already. However, as a payment method, I use crypto, specifically USDT. Recently I discovered that with Olymp Trade it is possible to have a USDT-based account. That would work much better for me since anyway I am transferring funds in USDT.
Is it possible to switch the account type from USD to USDT or do I need to close it and open a new one? But...
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Rahul_Achar
Nov 28, 2023
Nov 30, 2023
This thread was updated on Nov 30, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Didn't get my first withdrawal

I registered at olymp trade fairly quickly. It was much faster than at any other forex broker that I traded before. And the client support was helpful along the way.
So I uploaded the required documents, deposited money and immediately started trading on the fixed time trading mode.
Thanks to the proper analysis and maybe some luck I managed to increase my deposit by a big margin. In this case I decided to withdraw the part...
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Vishal Su
Nov 24, 2023
Nov 24, 2023
This thread was updated on Nov 24, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Strange stock mode

I spent a while trading forex here and it was time for me to start something new.
I always wanted to trade stocks and finally I gained this opportunity at Olymp trade.
But the problem is that I can’t go short on stocks unlike forex for example. And it reduces my trading opportunities dramatically.
Plus unlike forex or FTT I can’t trade stocks 24/7 for some reason, whereas I saw other forex brokers provide stocks...
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Pran Sami
Nov 23, 2023
Nov 24, 2023
This thread was updated on Nov 24, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Let me in, guys

Been working with these guys for a couple of months, coming here as a complete newbie, nowadays I notice some results of my prolific trading. Mainly, I'm thankful to the company for their commitment to educating newcomers.
But, the point of my message is a bit different. Let alone all praises to the olymp trade and focus on something I have run across recently.

I decided to clean my PC and reinstall windows so I was...
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Sudhir_Babu
Nov 22, 2023
Nov 24, 2023
This thread was updated on Nov 24, 2023
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Expectation and reality.

When I researched olymp trade and all the other similar platforms I found out that OT has one of the best profitability for FTT on the market.
Hence why I decided to end up here.
Nevertheless when the trading time came I realized that there are no assets with a profitability over 90%. Although I read some reviews that Olymp trade has a lot of them.

Now I put so much effort into the registration and verification...
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