Olymp Trade Complaints & Reviews

I trade recently and I know the Forex market from videos on YouTube. I was advised this broker and I decided to open an account here .. But I don't understand what's going on. I learned technical analysis and can open orders. But when I wanted to buy USD / CAD at 1.2477, the purchase occurred at 1.2479 .. Why is that? Does the broker pick up my
Perhaps this is a mistake in METATrader or Olymp Trade takes my profit ??

Because I have always wanted to do something new and make money online. And I am glad that it was trading and this company that became a new and interesting stage for me, which brought new experiences and money of course. In general, I quickly understood the functionality of the company and quickly started to use it productively. But I still don't understand the point of risk-free trades. I can rarely get it and it takes a lot of work. And at the same time I may or may not use it and there is no exact probability that I will make money. I don't fully understand the point of this...

I am a new client of your company. I have been trading on your web platform for more than a week and for this time it seems to me that I have discovered everything there. I tried to trade Forex instruments on different timeframes and experimented with different fixed amounts and multipliers values. I like freedom the platform gives when it comes to regulating risk of my trades. But I don’t see linear regression here? Maybe I have just overlooked it. Is it present here?

Hi

I have started using Olymp trade and after visiting all the sections I came to know that this is not a regulated trading broker. The figures coming on trading platform of Olymp trade is very much different from actual figures.

As I have lost around 30000 INR, I want my money back from this scam application.

I will file a case also of my problem is not resolved

Amount of Rs. 769/ is debited from my account but not credited to olymp trade account

I have recently updated two factor authentication by google authenticator app and unknowingly i have uninstalled the app and i have lost the backup code and there is no way i can login to my account. So please help me with this issue as there is a email address and I have tried to recover my account. The website of olymp trade does not have any option to recover my account and also there is no customer support. Olymp trade does not give me any option to recover my account and they can use my mobile number instead of two factor authentication

Hello ... I recently registered with OlympTrade. I liked that they give bonuses and I thought that you can make big deals .. But it's not that simple! Received a deposit bonus of $ 100 but it doesn't make any sense. I still use only my own money for trading .. why are you giving a bonus? .. Is it just such marketing or do you attract customers in this way ?? What should I do about it ??

That's for sure.
I generally don't encounter any significant limitations or difficulties, I've got a good grasp of the company's main trading terminal. And it has become a help for me in today's market.
But mt4 is definitely not what I expected from this broker. Why do you need it at all? It contains the same tools, but it works much slower in my opinion. I have no idea who exactly chose mt... It seems to me that all changes should carry some kind of positive context. Isn't it...?

I have recently registered a trading account here. I chose your web platform because I find it very beneficial in many regards. I appreciate the very possibility to trade with fixed amounts and multipliers. It allows me to trade less stressful because by choosing a fixed amount and a multiplier value for each trade I can regulate risk with great extent.
But I have a problem here. I haven’t discovered Zigzag here. Perhaps, I’ve overlooked it. Is it present here?

I am working with olymp trade when I have deposited 500 dollars my account is blocked and asking for verification payment due to which I could not able to withdraw my money.

I have gone through all process of verification but in last step of payment method verification they have added wrong paytm wallet detail along with my actual paytm wallet detail due to wrongly added paytm wallet detail I could not able to complete verification process. All my money is stucked in account. I have given all relevant proofs and statement to kyc team also taking followup with customer care but all are saying our team is working on it.

My humble request is if you don't want to re activate account then please refund my money and I will choose another broker.
I have already lost 900 dollar and now 500 dollars unable to withdraw. I m in heavy debt and now olymp trade started scam of snatching money by this trick. Pls any one help me out for get my money refund.

I have been trading for five years, and I am especially picky about trading conditions. Like all other traders, I am looking for the most favorable trading conditions.
I have known about Olymp Trade for over a year. But I decided to trade a couple of days ago. This is a good broker, but as for me, it focuses on newbies.
In fact, the broker invests in training in a simplified FTT trading platform and constantly uploads free webinars. It's cool, but I would like to see something more "adult."
For example, I wanted Olymp to raise my leverage. I like to take risks and feel the excitement. This is a kind of feeling of intoxication. I really like it. But I can't really enjoy trading to the fullest when the leverage is so shallow!

This site is fraudulent in nature

Beware Olymptrade is a company that collects your dead account details probably with intention to sell them to Countries asking for it. Tomorrow it could raise serious issues for Country men.

Watch reply from fraudulent company below, just like I said it would be like. Asking me to complete verification of dead accounts closed long back. If they can do it to me, you will be the next. Okay, I am not doing this sort of verification, refund my $200 and prove yourself. I will apologize but you will not do it because you had it all planned to corner me with documents that I can't produce. I traded with you for 3 years. Never you asked for KYC, I also produced KYC that all Indian companies demand. Nobody asks for producing dead accounts. Since your fraudulent intentions were just waiting for me to reach a mark to throw the dice towards me, you finally proved yourselves.

This site is fraudulent in nature. They allow you to trade without checking KYC documents but when you reach a decent level they start asking for KYC documents for verification. Why in the beginning they don't ask for KYC documents? One doesn't employ a worker without checking his documents and after paying him 3 to 4 times ask for documents. Moreover, after I submitted all my documents they started asking me to submit my dead account details too. What prima facie malafied intention do they have to check my documents especially when they are not even based in India? I feel they know people from all Countries participate in this activity therefore they are keeping some sort of track or sell our details to Countries asking for it. I raise my voice against their endeavors, if you second it, more and more people will get alarmed.

As I knew they wanted to eat away my 200$ therefore I purposely wasted it on trade and uninstalled their app bidding them farewell.

Be warned, it's a very big racket, there's very little one can do in making them accountable. Share this alarm people and if somebody can make them accountable, please do... disappointed badly... some stupid is going to now tell you that whatever I wrote is not true. Don't pay heed as this site has employed such characters.

Olymp Trade replied

The burning question is why they want dead bank account details? I hope they aren't in alliance with some groups like ISIS...selling out peoples details resulting in security threats.

Hello, Vijay!

Thank you for reaching out. We are sorry to hear that you have formed such a negative impression of the platform.

According to our information, you were requested to complete the verification in the profile section. Verification is a standard procedure for any reliable broker. It not only contributes to the transparency growth of the organization's work for a regulating institution but also prevents diverse fraudulent activities and enhances the safety of work for traders. Verification is stated in the list of requirements of our regulator, the rules with which we must comply. Do not worry, if you have traded without violating the rules of the platform, once the account is verified, you will be able to continue the execution of transactions on the platform.

The 200$ withdrawal amount is currently on hold due to verification. To successfully complete the verification, you need to upload the required documents within 14 days from the moment of the official request. Our support team specialist has contacted you today and informed you about the details of the verification procedure. If you need any further assistance, do not hesitate to contact our support team at any time.

This company is FULLY FAKE...they will LOOT you dont fall in their trap. I had withdrawn my money and it has been more than 2months. This is just a SCAM to entice the customers you can earn without any efforts...PLZ..Please dont ever download this app or trade on it. No customer support available you will be left in the desert. Just before downloading the app please check the latest google app reviews once will help you to get a proper insights. Olymp trade team is publishing good reviews purposely use your wit and your gut. Its always right, i have burnt my hands using this app and im writing this so that we as a CUSTOMER DO NOT MARR EVERYTIME.
THIS IS NOT OLYMP TRADE ITS JHOL-YMP. TRADE...BE AWARE...

I decided to trade on the OlympTrade web platform. I want to say that the platform is not finalized. I cannot build indicators and apply technical analysis. Why did I study this so much? .. And orders are opened without the possibility of placing a stop loss. Although as far as I understand, I could not harm my entire deposit. Still, I would like more control and trading opportunities. As it is frivolously done everything. And everywhere there are so many good reviews about OlympTrade. I don't understand ...

And I'm glad I chose it, because it's where I could start to study the market really seriously, and the bonus system has also pleased me, because I can always strengthen my capital and make things work out.
But there is one thing. Withdrawal of funds is not always super-fast, sometimes there are delays and I get the money not on the same day, but on the next day or even one day later. It doesn't bother me much so far. But I would still like it to happen as soon as possible.

Hi, I’m currently new in using olymp trade apps. I’ve recently withdrawn 17 USD from my olymp trade account to my personal bank account. The money have been deducted from my olymp trade account but I haven’t received it in my personal account. I’ve received sms stated that requesting withdrawal and in the apps also shows that the withdrawal is still in process. Is this normal? Should i be worried because before this i can instantly received my withdrawal. Please help me. My ID is 73253841

Hello,
i made a deposit recently using my prvsly verified payment method and as soon as my money was debited in bank first thr amount was not added in time and thn a wrong payment method with wrond digits was added. Now even after clearly mentioning the same and verifying all like told and giving all screenshots they are playing ping pong with my sentiments and again and again transfering to escalation departmnet and a day later again acting like dumb to understand the situation. its 3 days to all this and its painful. And m worried for my money and security that is in the app

I have recently joined your brokerage company. I enjoy trading here. I do this on your web platform. That’s a pleasant discovery for me because previously I haven’t worked with multipliers. The very possibility to choose a leverage size for each trade and an amount to be invested allows me to regulate my risk and respectively plan probable losses much better. So, it brings my money management to a higher level.
I have one question. I haven’t found volumes in the list of your indicators. Is it present here? I hope I’m wrong.

Deposited via olymp trade, but failed however my bank account was deducted, kindly explain this matter.

Why olymbtrade Application and Website was slow since 22.03.2021 ?
any updates .

My system wifi was very fast .but olymbtrade was not connected