Olymp Trade Complaints & Reviews

I just recently found out about Olymp Trade. I am not really experienced in trading, so I started using a demo account. Everything was kind of great, and I learned a lot of trading features. But after I switched to a real account and deposited some money, I did not succeed. What is the main problem? Should I use a different strategy when trading on a demo account? Does it work differently? Or is it just about the psychological aspect?

Three days ago i topped up my account with $10 but received no bonus, which was supposed to double my deposit. And the point is, i fulfilled all the conditions that were stated in the promotion! More particularly, i made a deposit right after creating an account, it could hardly have passed more than an hour after the registration. However, i didn't receive the bonus anyway. There are only $10 in my account, those $10 that i actually deposited. What's wrong, why hasn't olymp trade awarded me with a bonus?

It was stated on the website that the company promises to double any deposit as soon as it arrives. I opened an account with olymp and transferred $35 same day! But all i’ve got were my $35. Bonus money do not reflect on the panel. I looked eveywhere but didn’t find a hint of $70 on my account. $35 only. What is the problem? Why didn’t you keep your promise? "

I’ve had a really bad experience with your economic calendar. I trade gold and oil most of the times and last week, relying on your calendar I’ve opened a position. There weren’t supposed to be any strong moves according to it, but in fact the price went crazy and oil lost a dollar in value in 5 minutes. This can not happen with no strong fundamental reason, so you must be missing some important news on your calendar. "

I've opened the account at olymp and has funded it with $150. I also received a $150 bonus. Then, after a few successful trades my account balance has reached $500 so i decided to withdraw $100 and leave the rest for further trading experiments. The withdrawal went well, but my account balance decreased by $250, not $100. What's the matter? Where is the money?

I did transfer them about 100$ through bitcoin (Source bittrex)... Since last one month they are making me fool by saying your refund is in process... They all are liar. So guys use your sense to go with them.. My personal suggestion would be... Please do not continue with them... I often scammed by these fraud dont know why i always have a new hope with connecting with a new company... Thank you for more contact me [protected]

I, vidisha alwani, registered in olymp trade with a first deposit of $10.00 using email id [protected]@yahoo.com on 10th september. My first withdrawal of $10.00 was successful and the money was credited immediately to my card on 10th september itself and i got a notification from my bank itself. I think now that this was a trick that olymp trade did to win my confidence, do that i could invest more. On 12th september, i made a deposit of $20 with two separate deposits of $10.00 each. For the first transaction i withdrew $10.20 which was not credited in my card despite the withdrawal status of "processed" shown in my withdrawal status of olymp trade. Same thing happened with my another withdrawal of $16.30. It was falsely shown as processed but no amount was credited to my bank. I contacted customer care and they said it takes 1 to 30 days, then how come the withdrawal on 10 the september was processed immediately and the amount was credited to my card the same day itself? Olymp trade also lied by saying that there was some problem with my bank, which is not true as i had no previous bad experience with my bank and amounts are immediately credited to my account. They haven't even given me a reference number.

Olymp trade are offshore fraudsters and all this a scam to loot people of their hard earned money. My advice is do not trade with these scamsters. Even olymptrade
Customer service is very poor and issues are not resolved at all. They reply to emails giving false assurances that money will be refunded, but you never get your money back.

Vidisha alwani

Support is 0 from olymptrade, as i raised multi time complaint regarding i’m unable to withdraw money from olymp trade to my bank account... This platform is totally spam and there is 0 transparency and cooperation. From 2-3 days my transactions is still pending, i contacted customer service and they are just time passing rather than solving an issue... Rating - 0/5.
They are money looters.

Email - [protected]@gmail.com

I trade on olymp platform for half a year. I always liked this platform, and it was my favorite one because everything was okay. I became an experienced trader, and now i decided to deposit 1000 euros because i got interested in the vip account. But i did not get a vip status yet! What happened? It does not work anymore? Please, answer asap. It makes me nervous.

Hi, i have withdrawn 30usd from my olymp trade account on the 5th of may 2019 but i still haven't received it on my bank account till date (9th sept 2019). The status of the transaction on the olymp trade app shows that it is 'processed'. Any advice or help to get this issue sorted would be very welcome. I have attached a screenshot of my payment history along with this.

Thanks and regards

Emmanuel

I invested £165, 300 of my hard earned money as a sales manager into wealthcapital as a means of profiting from binary options trading. I was able to make a few withdrawals before i became stuck as they stopped responding to my calls and mails. After several failed attempts, i was able to have all my funds recouped following my consultation with wealthwatchs, com - a leading financial intelligence......

I made a deposit o[censored]sd 100[inr 7, 145] on 3rd sep at 1:41am then, i made a withdrawal o[censored]sd 170 from which $100 were credited to bank card at 3rd sep. But $70 were not processed as bank denied the txn.. That ok,
But olymp trade automatically debited my money [inr 7, 197] from my bank account..

Is it a fraud or something done by olymp trade i don't know.. But it is not right to debit someone money without their permission.. I am getting so much frustrated.. I am looking forward to sue the company..

Could you please advise, why i didn’t get the bonus for the first deposit? I heard that it is offered to all the clients, at least for the first deposit.
I’m interested in trading, options, and forex for a long time and i’ve been trading on a demo account on olymp trade platform, attended free webinars, actually i’m a little bit aware of what is what. And i wouldn’t miss an offer to get the bonus... Why don’t you give the bonus, although you advertise it?

I can’t withdraw money. I trade on a demo account. I was able to earn $ 200 and now i want to withdraw them. I do not want to pick up the amount that i was given at the beginning, but i want to pick up the one that i earned. Why can't i pick them up? I do not find a section where i can withdraw money.
Maybe you have the opportunity to transfer this amount to a real account?
I am very disappointed that i traded for so long and now i can not withdraw profits.

I can not withdraw my money. This is my third withdrawal request! Why do you refuse to withdraw my funds? I did not break your rule.
I trade 3 months, now i decided to withdraw money to the card, but you refused. Why did you then accept my payment from an electronic wallet, but do not want to withdraw money?
It is unfair to do so. I just want to get my money, which i honestly earned on your platform.

Two weeks ago, i registered on your site. But i didn’t receive a letter to my email. I decided to register another account to another mail. Everything was great. I traded on a demo account, and then decided to create a real account. When i created a real account, i received a message that my account was blocked. Why did you block me? I did not break the rules. I did not even have time to top up my account.

I can’t top up my account.
I created an account two days ago. I wanted to top up my account by $ 5, but the payment was declined. Why can't i replenish my account? Does it have anything to do with place where i live? I read that you do not trade with many countries.
I would really like to trade with you. Tell me ways, how can i top up my account and start trading? I already know how to trade on a demo account and i want to trade on a real one. Answer please.

Hello. Help me solve the problem. I registered on your site yesterday. I can’t log into my account today. The fact is that i input the correct data, but i still get an error (Wrong password). I even changed the password through the mail. But the problem remains. I decided to make a new account. Login does not occur. An error appears that the email is incorrect. Tell me what do i need to do? Thanks for answer.

They all are cheater fraud its my another bad experience with this fraud company... They ask me to deposit the fund via bitcoin which was done successfully by me but did not been credited or shown over my trading account..
Then i thought might be due to the technical error... Then i ask to their support which is so called 24*7 they were liking sending me the copy text to again and again then i followed them finally the asked me for the txd id and refundable btc address which i sent them at the moment after this i got this kind of copied message from them... We have created a task for our financial department. They will take care of your payments within 24 hours... Then i was like ok... After 24hrs i asked them by calling to the given number that is
Their so called hot line - hot line
[protected] toll free number for mobile phones for clients from india
Available 24/7 lol... He was like there is no task created... Then he toled me to send him a mail on this email id [protected]@olymptrade.com i did the same... I got a reply from there suport team which is shown in the below screenshot... Now the problem is that they are claiming that they were already been deposted the fund i aksed them where they told me to the mediator's wallet address this is the another twist or you can say sock for me... I tried to scold them why and where... But he wasnt in mood to hear me he is repeating the same line to ask to the service provider about the same that is block chain... So ridiculous now dont know how to react... Very disgusting... I advice to you all guys please dont use this disaster app because it seems they all are lair as well as scammer...
Thanks ([protected])

One very unpleasant situation happened. I traded on a demo account for several months, i had a big profit and everything was fine.
I switched to a real account yesterday. Opened a deal and lost a lot of money. I lost money because there was a stop loss. I did not set a stop loss. I remember exactly that i did not set a stop loss. I do not trade with this, and therefore i had a good profit.
How do you explain the fact that a stop loss appeared out of nowhere?