Olymp Trade Complaints & Reviews

In my trading career I've met plenty of various brokers and never met similar brokers actually. So, speaking about this broker I've decided that I understood everything quite correctly. Nevertheless, recently I faced some issues which led to unpleasant consequences. One year ago I ceazed to trade for a while and couple of days ago decided to join trading again, however I found out that 10$ disappeared from my deposit. What was that?

When I met this broker for the first time everything was quite clear, I have read all the information about trading with this broker on its website and asked customer support several questions. However, now I have some issues with the status system. I know that there are the main types of account. Recently I upgraded by account to the status Advanced, but couple of days ago I started to trade and noticed that my status now is Starter again. What's going on around there, maybe I've missed some information?

I don't like the fact that there are only 5 ETFs abailable for forex traders. I really want to have more trading opportunities and it is super sad that I have to limit myself being a forex trader. I know that there are so many other assets, but why are there only 5 ETFs while FTT traders have much richer choice. I feel very sad about it, so, please enlarge the number of assets for forex traders.

I do really find it weird that deposit doesn't take time at all, but the withdrawal does. Now the whole process lasts for a couple of days, but why don't you make it as short as deposit? Sometimes I need my trading money urgently, but I cannot get it because of the complex procedure of withdrawal. Please, do something to make the withdrawals faster and momentary. I do really need this and the broker will become even more awesome.

I registered with the broker Olymp Trade, I wanted to try all the trading opportunities offered by this broker. I opened several orders with Fixed Time Trades. I found it interesting, but I would still like to try trading with standard currency pairs. I can't find where to choose forex pairs to trade. Although, someone told me that there is such an opportunity. Did you turn it off or am I doing something wrong? I need to switch to forex trading, help me do that.

The chart jumps in an incomprehensible way. If it tends upwards and you bet on the rise, it stops moving at all, only jumps up and down along the betting line. Or even if it goes up at first, at the last second it suddenly goes down, just at the moment when the bet finishes. If all day it has not fallen below a certain level, then after the betting it goes down to the prohibitive distance. The same if to bet on the sale. In general, nonsense complete! Developers, of course, well done, deciding to make money on newcomers like me. In two weeks I spent five thousand dollars playing. Each time it was interesting to watch the tricky graphics)

Hello,

I have created an account with olymptrade previously a long back maybe 1-2 years back and since then have not traded with that account.

Due to some reason I created a new account with the link provided by their affiliate and was actively trading on that account.

I also got all the documents and bank account verified successfully and completed their Verification process successfully in the new account. (Screenshot attached)

After my new account got verified, I also received a mail from them saying that my other accounts are closed and I can continue trading in the new account. (Screenshot attached)

And I fully complied with that and was trading with the new account only.

But as soon as I started earning consistently on their platform, I received a mail saying that my all accounts are blocked due to multiple accounts.

I have invested lot of money and time in learning their platform and when I started earning profits they blocked my account with a reason which was already resolved at both ends.

I want my current account to be unlocked and want to again continue trading. As the only active account that I was using was the new one.

Please see attached the screenshots of all the mails that I have received from Olymptrade.

Regards
Ankit

I’m exploring your trading platform with great interest. I can say that I’m positively surprised by this web trading platform. I like the very idea of trading with multipliers and fixed amounts in contrast with classical leverage and lot sizes offered by many traditional platforms, including Metatrader.
However, I have one issue here. I don’t see Demarker here. I need this indicator for my daily trading because it’s very helpful for me. Does this platform have this indicator?

Dear Sir,

I was having a trading account (User Id:[protected] with Olymp Trade with registered email id [protected]@GMAIL.COM. Due to spam attack in this email I deactivated the said Gmail id as I did not feel safe to use the same due to spam attack.

Subsequently I requested Olymp TRADE through customer chat support to Block/Close my trading account (User Id:[protected].

And I opened a fresh Olypm Trade account with my alternate email id i.e [protected]@YAHOO.COM and KYC documents in my name. I also made deposit in the account with Cards issued in my name and have been smoothly doing trades until 11/08/21.

My account verification was pending although I have submitted all the requisite documents. Further, on 11/08/2021 I received an email from Olymp Trade, KYC section stating

“During the verification of your trading account, we discovered that you have several accounts on the platform. As specified in Clause 2.32 of the service agreement: "The Customer has the right to have only one Customer account."

In this regard, we inform you that your account 79236470 is verified and other accounts are closed.”

However, my Olymp Trade account with my alternate email id i.e [protected]@YAHOO.COM is still blocked and I am not able to access the same.

In this regard please help me unblock my account and allow trading as I am not maintaining multiple accounts. The old account linked to email id [protected]@GMAIL.COM was requested for closure/block.

USD5303 is blocked in my account

I really appreciate that brokers provide their traders with various conveniences such as bonus system. I've read information about bonus system on this broker's website and know that no long after you register you have an opportunity to get a bonus which equals double sum of your deposit. However, why I can't withdraw this bonus, is everything clear here, I have no idea maybe I misunderstood something and everything is okay? Can someone explain me?

I am the user of olymp trade and the broker has really satisfactory conditions as there are no spreads and some commissions which are not so big for me. The platform is fine and I really enjoy its design and functionality. However, withdrawal takes much more time than depositting which is a little depressing. I have to wait for several hours to get the money from trading account to my bank card without paying any withdrawal commission. Several hours is too much especially comparing to the momentary deposit.

I have finally improved my trading strategy, it's like heaven and earth compared to what I had before and what I have now. My last month in Olymp Trade has shown me good results, the result is not 100% impressive, but what I'm seeing right now is quite satisfying. My trading is not for me easy, but now I know the price of trading and it's already changed a lot. Now I set my priorities in a different way.
In my job I am often on the road, on business trips and on the train. I really need to work on the mobile version of the platform. I tried to download and install it through the search engine, but unfortunately nothing works. Can you tell me what might be the reason?

Hai, This is Pavithra. i have deposited $10 for trading process. (6.08.21)i have withdraw my amount. But still amount is not transferred to my account. But duration is mentioned as 24hrs, still i didnt receive my money.

I traded, studied for a long time, analyzed, and once I worked out my strategy, I began to succeed. I earned $4, 000 from one thousand dollars and I planned to reach $20, 000. My strategy was working. Let me think, I will try to withdraw, just in case, what if they lie, and before I withdrew the amount of $500, no more.
And then, I waited for two or three days, I got a letter in the mail that I have to confirm my identity. I completely agree with this, well done, I don't think they will give my money to just anyone. Well, I did as they instructed. In the end, they did not pay me money, they said that I have multi-accounts. And I answered: yes, I wrote you an email that when registering incorrectly specified one letter in the name of the mail, asked them to change it, so that in the future I would not have problems. I forgot that I registered at Olimp Trade some time ago. Thus, I got two registrations.
They told me that everything was okay, there would be no problems. And now I'm waiting for my money to be paid. Is there any hope at all?

RRN no:[protected]. Please check and refund the amount

Everything is pretty clear with this broker, however I wonder why do the deposits are reflected quickly and right away, while withdrawals take too much time? Okey, it's quite insignificant I guess because it may depends on various reasons. I had also several issues with depositing and had to try it several times, then I was restricted on withdrawals on a particular period of time, could someone tells me why it's like that, maybe I was mistaken or something went wrong?

User id [protected]@gmail.com
My account is blocked by olymp trade, giving the reason 2.32, having multiple account, I say give me proof, i have not any other account with olymp, they targeting a innocent trader with good profit and refund only deposite amount, claim department eat all the money of trader, i[censored] r right give me proof of multiple account, 100 sure u r cheater, immediate action will be taken against olymp, i already sent many emails but not solved, शर्म आनी चाहिए olymp तुम्हे गरीब का पैसा खाते हो, अगर तुम सही हो तो प्रूफ दो, nhi to account unblock kro 50usd se 300usd किया है मैने, go out of india, aise to chodunga nhi tumhe

I really like olymp trade platfrotm fot its convenience and nice-looking design, but I would like to use more indicators. I know that there is a huge colection of different most popular indicators and oscillators, but I would like to get familiar and use more indicators in order to improve my trading results. Are you going to expand the number of indicators in olymp trading platform in the nearest future or it is better to use mt4 platform instead?

Good afternoon to all. At the beginning of the year I opened an account with Olymp Trade. At first I lost a few times, got mad and decided to play with larger amounts. First bet 500 dollars, won, then bet 1000 dollars, won again, and then succumbed to the Olymp Trade bonuses and bet 2000 dollars. And won again. Decided it was time to withdraw the money. And then a miracle happened. They asked me for additional documents to verify my identity. They told me that the package of documents provided earlier was not enough to make a withdrawal and I owed them one more document. What's up?

INDIAN LOOK AT OLYMPTRADE HOW THEY SCAM US, , my fault is that I created 2 accounts..so olymptrade scammer team deleted my account and TOOK ALL MY BALANCE MONEY)..and they refuse to return my money..

My balance was: 1300+ USD

BEWARE ..DON'T OPEN AN ACCOUNT HERE