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.
Aug 12, 2021
Complaint marked as Resolved
Olymp Trade customer support has been notified about the posted complaint.
Verified Support
Apr 09, 2021
Olymp Trade Customer Care's response Hello!
Thank you for leaving a complaint. Our specialists will contact you soon in order to clarify this situation and together we will try to resolve it. Your cooperation on this matter is appreciated greatly.
Best regards, Olymp Trade team.
Thank you for getting in touch with us. We are glad that you find the Olymp Trade platform beneficial in many regards. It is wonderful that you appreciate the possibility to trade with fixed amounts and set up a multiplier value for each trade. We are happy that it allows you to trade less stressful and regulate risk to a great extent. To apply a Zig Zag indicator, you need to press the indicator button in the left corner of the chart. After that, select a Zig Zag indicator in the appeared list (in the Trend indicators section). If you have any questions, feel free to ask. We will be glad to help.
Best regards, Olymp Trade team.