[Resolved]  Olymp Trade — Ghost status.

I was attracted by the status system of the broker and the fact that I can gain the next level status just by trading on a daily basis and completing daily tasks.
This way I managed to gain Advanced status by the end of the month.
However a couple of days later my status disappeared as if there were no status. And of course all my trading benefits with it.
It looks like something shady is going on here. Can olymp trade representatives explain to me what are the reasons for that?
Was this information helpful?
No (0)
Yes (0)
Jul 14, 2023
Complaint marked as Resolved 
Actually it was written in terms and conditions somewhere that the given status is revoked every new month if I do not have enough money deposited. Well, what can I say, I did it once, and will do it once again!
Olymp Trade customer support has been notified about the posted complaint.
Complaint comments 

Comments

Hello, MukulHanda11.

Thank you for your question. We would like to answer your question as bellow. A status is valid for 30 days from the moment you achieve it. By the end of this period, you need to have earned a certain number of experience points to extend the current status for another 30 days. If you fail to reach the required level, the status will be downgraded (except the Starter status, which is the basic one).

However, you can earn a reward “Save” while completing the tasks on your Trader’s Way, which will extend your current status for another 30 days.

If there's anything else we can do to help, please let us know.
Best regards, Olymp Trade team.
Olymp Trade Customer Care's response, Jul 21, 2023
Verified Support
Hi, MukulHanda11.

Thank you for marking this as “Resolved”. We are glad that we have answered your question. We value your input and encourage you to let us know more details about your experience with us.

Best regards, Olymp Trade team.

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
    1511
    Pending
    375
    Resolved
    1103
    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