Olymp Trade — Deposit funds missing for more than 82 days

Website:www.olymptrade.com

Olymp ID – 31752828
Name: Anant Sharma
Registered email address – [protected]@gmail.com

***It was a NetBanking Deposit of $20.00 through Olymp Trade on February 10 2023 and an IMPS Debit of INR 1652.00 (on the same date at the same time) from my Indusind Bank Account with IMPS Reference Number — IMPS/P2P/[protected]/9240/
(Note: It was not through any UPI app)

Have not received a Refund of the Missing Deposited Amount of $20 nor the amount has been credited to my Olymp Trade Account till now. Documents to Verify the Payment are Attached in this email.

Payment Merchant Name (I was Redirected to complete the payment by Olymp Trade) :– Chalopay
Payment Merchant Website :– payment.chalopay.instantcollect.net

Greetings,

I tried doing a Net Banking Deposit on February 10 2023 with Deposit Request no. [protected] for $20.00 (INR 1652.00). The funds were debited from my Bank Account but were never Credited to my Olymp Trade Account and are Still Missing.
I have not received a Refund of that amount till now.

I clicked on the Deposit Option then selected ‘NetBanking’ as the Payment Method, filled in the rest of the Details. Then I was redirected to a Payment Merchant Website by the name ‘Chalopay’ with Website Address: payment.chalopay.instantcollect.net I completed my Payment Process. The Payment was ‘SUCCESSFUL’.
The amount of INR 1652.00 was debited from my Indusind Bank Account immediately.

After completing the Payment Process I clicked on the ‘Return To Merchant’ option on the ‘Payment Merchant’s Website’ then I was redirected to Olymp Trade Payment Page where I clicked on the ‘I have paid’ option. The Olymp Trade Payment Screen started loading and it said Processing your payment and there was an estimated time frame.

Since then in my Olymp Trade Account, Payments, Transactions Section the ‘Status’ for that Deposit of $20 on FEBRUARY 10 2023 with Request no. [protected] is ‘Failed’.

Now it is more than 75 DAYS since the Time and the Date of that Particular Transaction of $20 which was FEBRUARY 10 2023 and I still have not received a Refund of that amount nor have I received any information via email from Olymp Trade about the same.

So if you could Please look into the matter, sort this out and either credit USD 20.00 to my Olymp Account or issue a Refund of INR 1652.00 back to my Indusind Bank Account

Please Find the Attached Files for the Documents to Verify that the Payment was debited from my Bank Account.
I am attaching the Screenshot from my INDUSIND BANK NETBANKING Screen showing the IMPS Transaction on FEBRUARY 10 2023 for INR 1652.00 with IMPS Ref No:[protected].

I have sent all the Payment Related Screen Shots and my Official Indusind Bank Statement to all the emails for Olymp Trade Support Team but they are not Responding.
I have sent all the necessary Documents to all the following emails:-
[protected]@olymptrade.com,
Support,
[protected]+[protected]@tickets.helpdesk.com,
[protected]+[protected]@tickets.helpdesk.com,
[protected]@olymptrade.com,
[protected]@olymptrade.com,
[protected]@olymptrade.com

The Documents I have sent them are:–

I am attaching the Screenshots of the Payment Merchant Website (which I took at the time of Depositing) by the name ‘ChaloPay’ with Website Address: ‘payment.chalopay.instantcollect.net’ I paid through on FEBRUARY 10 2023 with another Screen Shot of the same Payment Merchant showing ‘Transaction Success’ with Transaction ID: 6246146ea5bede and Transaction Reference Number :[protected].
I am attaching 2 Screenshots from February 10 2023 of the Same Time I completed the Payment on OlympTrade Website (with a Time Difference of about 30 Minutes) and it kept Showing a Time Frame of 15 Mins for Payment Processing.
I am also attaching the Screenshot of the email sent by my Bank (Indusind Bank) for the Particular Transaction on the same date which was February 10 2023.
I am (once again) attaching the Screenshot from my INDUSIND BANK NETBANKING Screen showing the IMPS Transaction on FEBRUARY 10 2023 for INR 1652.00 with IMPS Ref No:[protected]. (Transaction Highlighted)

I am attaching my OFFICIAL MONTHLY BANK STATEMENT for the Month of February 2023 for which the Password is :- ANAN1209
I am also attaching the Transaction Text Message which I received from Indusind Bank for the Particular Transaction on February 10 2023
+1 photos
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Olymp Trade customer support has been notified about the posted complaint.
Verified Support
May 18, 2023
Olymp Trade Customer Care's response
Hi, dear Anant222.

We have been trying to call you. Can you please reach out to us back? You can contact us any convenient way: via e-mail at [protected]@olymptrade.com, in the live chat at olymptrade.com or in our group facebook.com/olymptradecom/

Best regards, Olymp Trade team.
May 19, 2023
Updated by Anant222
This Complaint update is about "The Same Missing Deposit of 20 USD" which I tried Depositing through the Net-Banking option available on OlympTrade.com on February 10 2023

I sent the First email about the "Missing 20 USD" to OlympTrade's Support email <[protected]@olymptrade.com> on February 21 2023 with enough Documents to prove that INR 1652.00 was deducted from my Bank Account.
I also shared the Name of the Payment Merchants Website I was Redirected to and I also took and shared the Screen Shots from of the Payment Merchant, Before and After completing the Payment.

Then I got the Automated Reply from Olymp Trade and after sometime I received another email from Olymp Trade Support Team on February 21 2023
The Mentioned Agent's Name on the email was "Soumik" and in this email he mentioned :
""The task has been created today and the task completion time can take up to 5 working days."" and also this ""However, please be assured that we would have an update by[protected].""

After that I did not get any Response on that email.
Since, then I've sent so many emails with the same Concern to all of Olymp Trade's Support emails including the email which had a "Ticket Number" on them.
And all of Those emails are: [protected]+[protected]@tickets.helpdesk.com,
[protected]@olymptrade.com,
Support <[protected]@olymptrade.com>,
[protected]+[protected]@tickets.helpdesk.com,
[protected]+[protected]@tickets.helpdesk.com,
[protected]+[protected]@tickets.helpdesk.com
[protected]@olymptrade.com,
[protected]@olymptrade.com,
[protected]@olymptrade.com
I have shared every bit of Information related to that Payment Proving that I Paid an Amount of INR 1652 on February 10 2023 to a Payment Merchant to which Olymp Trade "Redirected" to.
I have Shared my Official Bank Statement and even the screen shots of the "Text Msgs" sent by "Indusind Bank" about the Debit of INR 1652

I used to Receive the Automated Reply from Olymp Trade on every email I've sent with this concern and sometimes I got "Replies" with "Different Agent Names" saying the same things in every email, LIKE :
""""The task has been created today and the task completion time can take up to 5 working days.""

Then I stopped receiving any "Replies" from "Olymp Trade" about the Same.

Then I came to know about this Website "https://www.consumercomplaints.in" and I Posted my First complaint here on April 26, 2023. "Olymp Trade" just Commented on my Posted Complaint here and then I did not Receive any update about the Same.

I Posted the Second Complaint here (about the same) on May 8, 2023 to which, I Received a "Reply" email from "Olymp Trade" on May 9 2023. The Reply from Olymp Trade was on the email I've sent them (about the same concern) on 'March 16 2023'
The agent's Name on this 'Replied email' was "Subha"
And this 'Replied email' had the Same Copy Pasted Script telling me the Same Thing :
""We have updated the shared documents in the task today. Our team will start investigating the issue further. Please be informed that after any documents have been updated in the task, the team may take up to 5 working days to investigate it.""
There was another 'Copy Pasted' Comment on this Complaint by Olymp Trade

Few More Days Passed but I still had no update on my Missing 20 USD and I sent more emails to Olymp Trade but there was no Reply to those emails.

So I Posted another Complaint here on May 15, 2023 to which I Received a "Reply" from Olymp Trade Agent Name - 'Anish Sebastian' on May 17 2023 who again said ""Maximum period for the task to get resolved is up to 5 working days"" and there was a same Comment on this Complaint as the Previous ones.


Now, it is more that 3 Months or more than 100 Days and I still have no update about my Missing Deposit Amount of 20 USD.
And each time "Olymp Trade" responds to any of my emails or complaints every time they add '5 Working Days to Finish the Task.'

In 20 More days my Missing Deposit Amount of 20 USD will be Missing for more than 4 Months.

And Olymp Trade will send another email saying ""Maximum period for the task to get resolved is up to 5 working days""
May 29, 2023
Updated by Anant222
Another month has passed and I still have not received my USD 20.00
Complaint comments 

Comments

Hello, Anant222.

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 your ID account and the details of the case to our financial department. They are going to make a thorough investigation of your claim. They will contact you directly and shortly.

Best regards, Olymp Trade team.
Anant222's [Complaint's author] reply, May 15, 2023
I have still not heard from you guys about my missing deposit of $20.00
Anant222's [Complaint's author] reply, May 19, 2023
This Complaint update is about "The Same Missing Deposit of 20 USD" which I tried Depositing through the Net-Banking option available on OlympTrade.com on February 10 2023

I sent the First email about the "Missing 20 USD" to OlympTrade's Support email <[email protected]> on February 21 2023 with enough Documents to prove that INR 1652.00 was deducted from my Bank Account.
I also shared the Name of the Payment Merchants Website I was Redirected to and I also took and shared the Screen Shots from of the Payment Merchant, Before and After completing the Payment.

Then I got the Automated Reply from Olymp Trade and after sometime I received another email from Olymp Trade Support Team on February 21 2023
The Mentioned Agent's Name on the email was "Soumik" and in this email he mentioned :
""The task has been created today and the task completion time can take up to 5 working days."" and also this ""However, please be assured that we would have an update by 28-02-2023.""

After that I did not get any Response on that email.
Since, then I've sent so many emails with the same Concern to all of Olymp Trade's Support emails including the email which had a "Ticket Number" on them.
And all of Those emails are: [email protected],
[email protected],
Support <[email protected]>,
[email protected],
[email protected],
[email protected]
[email protected],
[email protected],
[email protected]
I have shared every bit of Information related to that Payment Proving that I Paid an Amount of INR 1652 on February 10 2023 to a Payment Merchant to which Olymp Trade "Redirected" to.
I have Shared my Official Bank Statement and even the screen shots of the "Text Msgs" sent by "Indusind Bank" about the Debit of INR 1652

I used to Receive the Automated Reply from Olymp Trade on every email I've sent with this concern and sometimes I got "Replies" with "Different Agent Names" saying the same things in every email, LIKE :
""""The task has been created today and the task completion time can take up to 5 working days.""

Then I stopped receiving any "Replies" from "Olymp Trade" about the Same.

Then I came to know about this Website "https://www.consumercomplaints.in" and I Posted my First complaint here on April 26, 2023. "Olymp Trade" just Commented on my Posted Complaint here and then I did not Receive any update about the Same.

I Posted the Second Complaint here (about the same) on May 8, 2023 to which, I Received a "Reply" email from "Olymp Trade" on May 9 2023. The Reply from Olymp Trade was on the email I've sent them (about the same concern) on 'March 16 2023'
The agent's Name on this 'Replied email' was "Subha"
And this 'Replied email' had the Same Copy Pasted Script telling me the Same Thing :
""We have updated the shared documents in the task today. Our team will start investigating the issue further. Please be informed that after any documents have been updated in the task, the team may take up to 5 working days to investigate it.""
There was another 'Copy Pasted' Comment on this Complaint by Olymp Trade

Few More Days Passed but I still had no update on my Missing 20 USD and I sent more emails to Olymp Trade but there was no Reply to those emails.

So I Posted another Complaint here on May 15, 2023 to which I Received a "Reply" from Olymp Trade Agent Name - 'Anish Sebastian' on May 17 2023 who again said ""Maximum period for the task to get resolved is up to 5 working days"" and there was a same Comment on this Complaint as the Previous ones.


Now, it is more that 3 Months or more than 100 Days and I still have no update about my Missing Deposit Amount of 20 USD.
And each time "Olymp Trade" responds to any of my emails or complaints every time they add '5 Working Days to Finish the Task.'

In 20 More days my Missing Deposit Amount of 20 USD will be Missing for more than 4 Months.

And Olymp Trade will send another email saying ""Maximum period for the task to get resolved is up to 5 working days""
Anant222's [Complaint's author] reply, May 29, 2023
Another month has passed and I still have not received my USD 20.00

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