[Resolved]  Olymp Trade — Don't allow traders to work with very small capital

Okay, let's make it clear - I've been trading for over two years.
During this time I have tried everything that I can and can not - binary options, crypto currency, invested in stocks, classical forex - and I stopped there, because as it turned out, it is more productive for me. I always deal with all my questions/difficulties on my own, I think that a trader just has to be an individual professional and act absolutely independently.
I am satisfied with this brokerage company, too. It's okay. But I think that it is in vain to allow traders to work with very small capital, it is not safe and many traders start to believe that it is possible to really earn on the market almost without investing.
Was this information helpful?
No (0)
Yes (0)
Jul 9, 2020
Complaint marked as Resolved 
It's okay, I'm the one who got so emotional, it's been a tough day. So I found something to complain about, as it's said...
Olymp Trade customer support has been notified about the posted complaint.
Verified Support
Jul 07, 2020
Olymp Trade Customer Care's response
Hi there!

Thank you for reaching out. That's an interesting issue, actually. The minimal deposit amount was chosen by our analysts so that everyone could start trading without having crazy amounts to invest. The more experienced the trader gets, the larger capital they are ready to invest. For example, the minimal deposit amount for ECN accounts on MT4 Olymp Trade is 200$, as this is an advanced instrument. Which amount do you find the most suitable as minimal?

Best regards, Olymp Trade team.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Olymp Trade
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    79%
    Complaints
    1506
    Pending
    366
    Resolved
    1094
    Olymp Trade Phone
    +54 11 5917 5747 [Buenos Aires]
    +27 21 100 3880 [Cape Town]
    Olymp Trade Address
    James Street, Kingstown, , First Floor, First St Vincent Bank Ltd Building, , Saint Vincent and the Grenadines, India
    View all Olymp Trade contact information