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Olymp Trade Complaints & Reviews

4
Updated: Jan 2, 2026
Complaints 1557
Resolved
1146
Unresolved
411
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Olymp Trade reviews & complaints page 52

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S
Shaik salmankhan
Mar 14, 2022
Resolved
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Resolved

Debited my account
+1 photos
Apr 14, 2022
Complaint marked as Resolved 
Olymp Trade customer support has been notified about the posted complaint.
Verified Support
Mar 14, 2022
Olymp Trade Customer Care's response
Greetings, Shaik salmankhan!

Thank you for contacting us. Your screenshot does not contain information about making a deposit to the Olymp Trade account. Kindly provide your ID account in the comments. So we could investigate your case thoroughly.

Best regards, Olymp Trade team.
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    Vineet Maharaj
    Mar 14, 2022
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    They just block my account. And there reason is that, some one else or maybe multiple people access the account
    .. and the service of the Olymp trade is very poor, and they didn't Even return my money which I deposit.
    Olymp Trade customer support has been notified about the posted complaint.
    Hi there, Vineet Maharaj!

    Thank you for reaching out. We value your input and encourage you to let us know more details about your experience with us. Please, describe your situation in more detail. Also, kindly specify the account ID in the comments. We will be pleased to help you.

    Best regards, Olymp Trade team.
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      Ryflun
      Mar 12, 2022
      Resolved
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      I believe that it is an open secret that every trading account should be verified in order to keep on making the financial operations freely. However, the question is that this whole process take more than just several seconds and I don't like that. I mean that it is not really modern. Today all of the operations take sheer seconds and I don't have to wait for it more than a minute. So, I really look forward that olymp trade will make the verification process faster and more convenient.
      Mar 18, 2022
      Complaint marked as Resolved 
      Oh, my verification process is over, luckily. Thanks for your support! It was importat to be heard!
      Olymp Trade customer support has been notified about the posted complaint.
      Hello, dear Ryflun!

      We really appreciate you taking the time to share your feedback. We understand that sometimes waiting is tiring. However, the verification procedure takes time. We pay special attention to document verification, as the security of your account depends on it. Once all your documents are uploaded, the verification can take a few minutes. Its maximum term is to 5 working days.

      We wish you prosperous trading!

      Best regards, Olymp Trade team.
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        K
        Keshavkpatwa
        from Mumbai, Maharashtra
        Mar 11, 2022
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        I have a olymp account and they blocked my account by saying i have multiple accounts i dont want any account from your company but atleast repay may balance of 150 $ as so far as possible your obligations are only that you can block my account but can take my balance

        Account id 22135241
        Name Keshav
        Email [protected]@gmail.com
        Mobile number [protected]
        Olymp Trade customer support has been notified about the posted complaint.
        Hello, Keshavkpatwa!

        Thank you for contacting us. Your review is very concerning to us. As a result of consideration of the appeal, it was found that you had on the platform 2 active trading accounts:
        ID 22****41 and 80****59.

        Unfortunately, this action is a violation of paragraph 2.32. of the Service Agreement:
        "2.32. Client account (Trading account) - a special account in the Company's accounting system in which funds transferred by the Client to make trades are posted; from which the trade amount is debited when the trade is executed; and to which income is credited when a trade is closed and the material terms of a trade are met. The Client has the right to have only one Client account. In case of violation of this rule, the Company has the right to refuse the Client in further service (rendering of services), to terminate this agreement, and to block further possibility to carry out operations without explanation and without payment of funds from the Client's account."

        In regard to the foregoing, we recognize the actions of the Company as legitimate.​

        Do not hesitate to contact us if any questions or concerns appear.

        Best regards, Olymp Trade team.
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          K
          KOLANJI NATHAN R
          Mar 7, 2022
          Resolved
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          Resolved

          I give request to withdraw money 28/02/2022 using UPI [protected]@paytm. But still not deposited in my account. My request no is[protected] . Please update
          Apr 14, 2022
          Complaint marked as Resolved 
          Olymp Trade customer support has been notified about the posted complaint.
          Verified Support
          Mar 09, 2022
          Olymp Trade Customer Care's response
          Greetings, KOLANJI NATHAN R!

          Thank you for contacting us. Your review is very concerning to us. Please, specify your account ID, so we could investigate your case.

          Best regards, Olymp Trade team.
          Mar 09, 2022
          Updated by KOLANJI NATHAN R
          Before three days I already sent you but not responsible. I give request to withdraw money 28/02/2022 using UPI [protected]@paytm. But still not deposited in my account. My request no is[protected]. My Id 87124923

          Verified Support
          Mar 14, 2022
          Olymp Trade Customer Care's response
          Hi there, KOLANJI NATHAN R!

          Thank you for letting us know about this. We have checked the information on your withdrawal. Unfortunately, a technical error occurred on your bank side. We understand how frustrating it might be. However, The money has been reversed to your account on[protected]. You have received an email about this.

          We hope that, from now on, your experience of the platform will be smooth and easy. Feel free to reach out to us if any other questions emerge, we will be glad to help.

          Best regards, Olymp Trade team.
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            F
            Furioushadi
            from Raichur, Karnataka
            Mar 7, 2022
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            I deposited 1500 and 1000 rupees today my acc user id 20028385 but still didn't got refilled please resolve this issue ASAP pathetic client support pathetic response
            Olymp Trade customer support has been notified about the posted complaint.
            Hello dear, Furioushadi!

            Thank you for letting us know about this. Indeed when a user deposits with UPI, the requested amount is usually credited to the account within 5 minutes. However, the process can sometimes take up to 24 hours. We understand that sometimes such situations can cause negative emotions. So our support team will contact you shortly to help resolve this situation.

            Feel free to reach out to us if any other questions emerge, we will be glad to help.

            Best regards, Olymp Trade team.
            Kindly Please Don't Trust On This Platform And Stop Using This As Soon As ... I Already Lost 1200000 INR ... And My 90000 INR Got Stucked From 23rd February... My Contact Number is [protected] You Can Contact Me, I will Send you all details
            Olymp Trade Customer Care's response, Mar 15, 2022
            Verified Support
            Hello, dear umakantv!

            We are sorry to hear you had such a frustrating experience, but we really appreciate you bringing this issue to our attention. We have responded to you under a different review. Please, let's continue our communication there.

            https://www.consumercomplaints.in/olymp-trade-regarding-deposit-90000-c3145746

            Best regards, Olymp Trade team.
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              Cragg
              Mar 7, 2022
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              I recently becam the client of your company. I appreciate what I see on this platform and try every day. What I see differs from how I used to seeing on other Forex platform. At first, I was struggling to adapt to the way Forex is traded here because on on one hand, fixed amounts makes things easier but on the other hand, it’s not easy for me to choose optimal fixed amounts to withstand pullbacks.
              I got a problem here. I don’t see horizontal lines here to build price levels. Where can I find them?
              Mar 22, 2022
              Complaint marked as Resolved 
              Well, I can understand you. It's pretty tough to comply with the totally new condoitions, but traders are pretty flexible people) As for horizontal then you can find them on the graphic, where you can find other things for technical analysis, such as indicators, vertical lines and various figures. Just be attentive to details and always check everything thoroughly.
              Olymp Trade customer support has been notified about the posted complaint.
              Hi there, Cragg!

              Your review means a lot to us. Thank you for choosing the Olymp Trade platform. At first glance, our platform may look unusual. However, this will pass quickly, since we have an intuitive design and functionality.

              To find a Horizontal line take a look in the lower-left corner, click on the divider icon. In the window that appears, you can select the Horizontal line.

              Best regards, Olymp Trade team.
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                K
                Kawal saggu
                from Kotkapura, Punjab
                Mar 6, 2022
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                I deposited amount of $10 (Rs765) in my OLYMP trade account on 5 March, 2022. But even after their SOP of waiting for 24 hours, the money is not showing in my OLYMP trade account
                +1 photos
                Apr 12, 2022
                Complaint marked as Resolved 
                Olymp Trade customer support has been notified about the posted complaint.
                Verified Support
                Mar 09, 2022
                Olymp Trade Customer Care's response
                Hi there, Kawal saggu!

                Thanks for bringing this to our attention. Kindly provide your account ID number in a reply. We will sort out the situation and will be glad to support you.

                Best regards, Olymp Trade team.
                Kindly Please Don't Trust On This Platform And Stop Using This As Soon As ... I Already Lost 1200000 INR ... And My 90000 INR Got Stucked From 23rd February... My Contact Number is [protected] You Can Contact Me, I will Send you all details
                Olymp Trade Customer Care's response, Mar 16, 2022
                Verified Support
                Hello, umakantv.

                We are sorry to hear about your disappointment with us. Our specialists are working on your question to minimize your waiting time. We will definitely fix this situation.

                We kindly ask you to let's continue our communication there.

                https://www.consumercomplaints.in/olymp-trade-regarding-deposit-90000-c3145746
                It will be more convenient for you and us.

                Best regards, Olymp Trade team.
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                  T
                  tyagi1990
                  Mar 5, 2022
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                  Olymp block my account 12/01
                  And my refund send 15/02 but my upi I'd wrong
                  My correct upi I'd [protected]@ybl
                  Plz solve my issue
                  Its long time arround 55 days
                  But my money not received
                  +1 photos
                  Apr 12, 2022
                  Complaint marked as Resolved 
                  Olymp Trade customer support has been notified about the posted complaint.
                  Verified Support
                  Mar 09, 2022
                  Olymp Trade Customer Care's response
                  Hello dear, tyagi1990!

                  Thank you for letting us know about this. Please, provide your account ID number in a reply. This way, our support team can contact you and help to solve an issue that you are facing.

                  Best regards, Olymp Trade team.
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                    B
                    Byri sattaiah
                    from Hyderabad, Telangana
                    Feb 27, 2022
                    Resolved
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                    Address: HYDERABAD

                    My Withdrawal amount 100 USD dated 10/12/2021 vide order ID[protected] is not received by me till now. After so many days olymp trade provided me UTR NO.[protected] and asked me to track the amount by searching my account, or by approaching my banker or UPI Authorities.
                    I have searched my account thoroughly. I could not find the amount, because I had not received it. My Banker and UPI Authorities told only Remitter or his Banker can Track the UTR.
                    I have communicated same thing to Olym trade and sent my Upto date Bank Statement and all phone pe transactions pdf file. But olymp trade insisting on written reply from my Banker or phone pe confurming that they could not trace the UTR Number.
                    My Banker and phone pe people are saying only remitter or his Banker or UPI people can track the UTR. Because I am the receiver my Banker or phone pe people could not give any written communication.
                    As the olymp trade is it is its responsibility to trace my amount and see that my amount is credited to my account.
                    I request you to help me so that olymp trade will credit my amount as soon as possible as already two and half months have elapsed

                    BYRI SATTAIAH
                    Olym trade user ID 76219431
                    Apr 1, 2022
                    Complaint marked as Resolved 
                    Olymp Trade customer support has been notified about the posted complaint.
                    Verified Support
                    Feb 28, 2022
                    Olymp Trade Customer Care's response
                    Hello, dear Byri sattaiah!

                    Thank you for contacting us. 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. We have passed the information to our support team. They will contact you soon to provide you with comprehensive support.

                    If you have any questions or face any difficulties, please, let us know, we will help you!

                    Best regards, Olymp Trade team.
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                      Bintoil
                      Feb 23, 2022
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                      Trading seemed to me to be something very complicated until I downloaded the Olymp Trade mobile app.
                      I really liked everything it had to offer. I was opening trades and making money. The virtual money. So I decided to open a real account with $100. I thought I would increase my deposit very fast.
                      It turned out that it was not so easy to do on the real account.
                      I have one more question. On my demo account I had a 90% return on certain instruments... for instance, gold.
                      Now I don't have it... sometimes I got 10%, sometimes 70%.
                      Why is it so, explain!!!
                      Why do you promise this?
                      Feb 24, 2022
                      Complaint marked as Resolved 
                      Ohhh... thanks for the answer. I probably didn't read all the terms and conditions very well... I'll be more careful now as I really want to learn how to trade here.
                      Olymp Trade customer support has been notified about the posted complaint.
                      Verified Support
                      Feb 24, 2022
                      Olymp Trade Customer Care's response
                      Hello, dear Bintoil!

                      Thank you for contacting us. Let us get this straight. For all new registrations, a rate of return o[censored]p to 92% is included. It is valid only until the first deposit to a real account. After the first deposit, the rate of return will change to the current user status: starteradvancedexpert.

                      You can read more about the statuses at the link: https://olymptrade.com/statuses

                      We wish you productive learning! We hope that you will be able to achieve your trading goals.

                      Do not hesitate to contact us if any questions or concerns appear.

                      Best regards, Olymp Trade team.
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                        M
                        Manozkumar
                        from Guntur, Andhra Pradesh
                        Feb 23, 2022
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                        I have deposited 50000 to my olymp trade account but it's not reflected. They are taking lot of time to check our issues. It seems they are not ready to release our hard earned money. These guys are really cheaters.
                        Olymp Trade customer support has been notified about the posted complaint.
                        User ID : 86349353
                        Kindly Please Don't Trust On This Platform And Stop Using This As Soon As ... I Already Lost 1200000 INR ... And My 90000 INR Got Stucked From 23rd February... My Contact Number is [protected] You Can Contact Me, I will Send you all details
                        Olymp Trade Customer Care's response, Mar 15, 2022
                        Verified Support
                        Hi there, Manozkumar!

                        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.
                        Unfortunately, we received a notification about your review only today. We have passed your contact details to our specialists. They will contact you as soon as they can.

                        We hope that your opinion about the platform will change.

                        Best regards, Olymp Trade team.
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                          A
                          Anuj Chaudhary1
                          from Bulandshahr, Uttar Pradesh
                          Feb 17, 2022
                          Resolved
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                          Resolved

                          I registered my account under the link of a YouTuber (Technical Avi). He started providing risk free trades of 20% on deposits between 300$-1000$. I arranged an amount of 1000$ and deposited in my account and successfully got a risk free trade of 200$. I just used my 60$ to trade and lost it but I didn't trade on risk free trades. Thereafter I withdrew the rest of my amount available in my account and after 2 weeks Technical Avi again started the same scenario of providing the risk free trades and told as before that you need not worry, just take trade with risk free trades, if you get profit then withdraw the amount with profit otherwise if you lose the trade, your amount will be the same as the trade was risk free. I again deposited 1000$ and again got a risk free trade of 200$. Now I had 2 risk free trades of 200-200$ and I placed one risk free trade of 200$ for 20 minutes and got profit of 180$. As I tried to place another risk free trade, Olymp trade applied limit that if you want trade, you will have to deposit first to avoid limits. I had no more money there to deposit. And I decided to deposit money after withdraw and I did so. As I withdrew the amount, my account was blocked. Without any warning they just blocked my account.
                          This is just because I made a profit and Olymp trade don't want anyone to make profit. I also used Olymp trade before and lost a lots of money but at that time, they didn't blocked my account as they were earning from my losses. Olymp trade is doing scams legally with the public.
                          They have taken final decision of blocking my account and the worst department is claim department 🤣🤣🤣, they even don't try to listen what customer is saying they just send an email it the final decision of Company and can't be reconsidered 🤣🤣🤣.
                          If Olymp Trade wanna reconsider my account then my email ID is - [protected]@gmail.com
                          Mar 22, 2022
                          Complaint marked as Resolved 
                          Olymp Trade customer support has been notified about the posted complaint.
                          Verified Support
                          Feb 17, 2022
                          Olymp Trade Customer Care's response
                          Hi there, Anuj Chaudhary1!

                          Thank you for contacting us. Kindly specify, do you have one account on the platform with the email [protected]@gmail.com?

                          Best regards, Olymp Trade team.
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                            A
                            Anuj Chaudhary1
                            from Bulandshahr, Uttar Pradesh
                            Feb 17, 2022
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                            Olymp trade is completely fraud.
                            Olymp Trade customer support has been notified about the posted complaint.
                            Hello, dear Anuj Chaudhary1!

                            It is a pity that you have formed such an impression of our platform. Could you, please, tell us why did you make such a conclusion?

                            Olymp Trade is a member of the Financial Commission, which is our regulator. You can view our certificate here: https://financialcommission.org/olymp-trade/

                            This shows that we are a reliable broker with a high-security level. We work since 2014 and we have millions o[censored]sers all over the world.

                            If you have any unresolved issues, kindly let us know. We will be pleased to help.

                            Best regards, Olymp Trade team.
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                              R
                              Rakesh5599
                              Feb 14, 2022
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                              Resolved

                              I have purchased some services from an app and i have been cheated, i was not given the servises assured by the app.
                              A fraud happened with me i joined an app, which assured me some profits and services and they did a fraud with me i have made the payment i am just attatching the payment details please look inot the matter
                              +1 photos
                              Mar 21, 2022
                              Complaint marked as Resolved 
                              Olymp Trade customer support has been notified about the posted complaint.
                              Verified Support
                              Feb 15, 2022
                              Olymp Trade Customer Care's response
                              Hello, dear Rakesh5599!

                              Thank you for letting us know about this. Please describe your situation in more detail so we can support you. Also, kindly specify how your screenshot is related to our platform.

                              We will be pleased to help you!

                              Best regards, Olymp Trade team.
                              Feb 16, 2022
                              Updated by Rakesh5599
                              I got a notification from your gateway that to pay 700 i clicked on the notification i money has been automatically debited from my account.so, that why the money has been automatically debited
                              Verified Support
                              Feb 16, 2022
                              Olymp Trade Customer Care's response
                              Hi there, Rakesh5599!

                              Thank you for keeping us informed. Please, specify the ID of your account. We will immediately investigate the situation and provide you with a detailed answer.

                              Best regards, Olymp Trade team.
                              Feb 16, 2022
                              Updated by Rakesh5599
                              [protected]@gmail.com
                              Verified Support
                              Feb 17, 2022
                              Olymp Trade Customer Care's response
                              Greetings, Rakesh5599!

                              Thanks for your reply. We have passed the information to the support team. We will contact you as soon as possible.

                              Do not hesitate to contact us if any questions or concerns appear.

                              Best regards, Olymp Trade team.
                              Feb 17, 2022
                              Updated by Rakesh5599
                              How much time i want to wait
                              Verified Support
                              Feb 18, 2022
                              Olymp Trade Customer Care's response
                              Hello, Rakesh5599!

                              Thank you for contacting us. An email from our specialists has already been sent to your mail [protected]@gmail.com. Check, please.

                              Best regards, Olymp Trade team.
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                                S
                                SiddhantTayade
                                from Thane, Maharashtra
                                Feb 9, 2022
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                                Address: 104 A Wing Gurusai Apt Belavli Badlapur west, Thane 421503 , Maharashtra

                                They sent me a mail while I was trading that your account is blocked and now not returning my money which I deposited
                                Olymp Trade customer support has been notified about the posted complaint.
                                Hi there, SiddhantTayade!

                                Thank you for contacting us. Please, specify the ID of your account. We will immediately investigate the situation and provide you with a detailed answer.

                                Best regards, Olymp Trade team.
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                                  sumit1024
                                  from Mohali, Punjab
                                  Feb 9, 2022
                                  Resolved
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                                  Resolved

                                  Olymp trade not returning my hard earned money

                                  08, Feb, 2022 :- I make payment of 45000 using phone pe wallet . After amount get deposited into the olymp trade account . I make few trades .
                                  my account balance becomes around 45050 . I make withdrawn request .

                                  Immediately, after making withdrawn request, they not only blocked my account but also blocked my money .

                                  Then I tried to communicate with them from twitter, facebook, email and even their customer...
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                                  СrownMan
                                  Feb 8, 2022
                                  Resolved
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                                  Resolved

                                  I’m exploring this web platform with great interest. It attracts me with its innovative alternative trading system. First, I like fixed-time trading. I heard it’s often criticized for its seemingly gambling nature but it’s not so Here, you are also expected to forecast the market using various tools as you do on Forex. Expiration may puzzle you at first, but I advise you to not to choose expiration smaller than one hour. I think that within this period it’s possible to make a concrete forecast. What’s more, there’s a possibility to close your open fixed-time trade before it expires if you timely notice something wrong.
                                  I have a problem. I don’t see horizontal lines here. I need them for price levels. Where can I find them?
                                  Feb 16, 2022
                                  Complaint marked as Resolved 
                                  Sorry, that’s my fault. I’ve overlooked them. They are over there in the indicator section.
                                  Olymp Trade customer support has been notified about the posted complaint.
                                  Hi there, СrownMan!

                                  Thank you for the review. It's nice to read that you are exploring the platform with great interest. We are pleased that you are enjoying trading in Fixed Time Trade mode. Thank you for sharing with our community your advice about time expiration.

                                  You can find a Horizontal line in the lower-left corner, click on the divider icon. In the window that appears, you can select the Horizontal line.

                                  If any questions appear, kindly get in touch with us.

                                  Best regards, Olymp Trade team.
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                                    A
                                    Aniljunction
                                    Jan 29, 2022
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                                    Website: olymptrade.com

                                    Hello everyone,

                                    Olymp Trade is cheating with the public on the name of trading. They simply block the IDs which start earning profits by giving silly excuses.

                                    They simply blocked my account when I started earning profit and they gave reason that my documents are incorrect in the verification process while I gave all my correct documents.

                                    And the most important part is that they did not refund my earned money.

                                    I strongly suggest to everyone, do not waste your time with such cheaters OLYMP TRADE..

                                    User ID
                                    74113300
                                    Olymp Trade customer support has been notified about the posted complaint.
                                    Hello, Aniljunction!

                                    Thank you for contacting us. Account blocking is a serious measure that is taken in case the service agreement terms are violated. The profit of a trader cannot be a basis for blocking an account. We contacted the verification specialists as soon as we received your review. As a result of analysis of the information provided by you, the following violation of the terms of the Agreement was established:

                                    "1.4.1. All information provided during Client registration and during the performance of Agreement, is true, accurate, reliable and complete in all respects, and the Client completed the registration form him/herself".
                                    To verify your trading account the Company have repeatedly asked from you a new photos of documents (a new "Selfie" with an identity card). On these requests, you provided the same old photo. These actions give the Company reason to state that you have provided incorrect documents for verification of the trading account.

                                    Based on this, the company has decided to terminate cooperation with you.

                                    Also, you can apply to [protected]@olymptrade.com and explain the situation. This is the reclamation department, they will investigate your case and provide a final response from the Company.

                                    Best regards, Olymp Trade team.
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                                      binda125
                                      Jan 28, 2022
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                                      My account has been blocked for false accusations and refused to get refund of the money that i have invested in stocks before my account was blocked.
                                      I want justice
                                      Olymp Trade customer support has been notified about the posted complaint.
                                      Hello dear, binda125!

                                      Thank you for contacting us. We want to understand the situation and give you full assistance on this matter. Kindly specify your account ID number.

                                      Best regards, Olymp Trade team.
                                      Hello dear, binda125!

                                      Thank you for contacting us. We want to understand the situation and give you full assistance on this matter. Kindly specify your account ID number.

                                      Best regards, Olymp Trade team.
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