Olymp Trade — money withdrawn from account without consent and not returned

6 Reviews
 Yasmeen Azhar on Feb 22, 2019
I started my first trade on olymp trade with 30$. Post this it showed 60$ in my account. Then i withdrew 30$.
Next day when i checked, remaining 30$ from my account were gone. And after 2 days again 30$ was deducted from my account. When i had a chat with a person on there website they said its bank fault. What the hell!!! Does it mean bank will keep on deducting money from my card only because i used it for first time payment. I need my refund back. Please let me know whom do i get this to?
Complaint comments  5 Comments     Updated: Share0Tweet0


Yasmeen, thanks for the review!

Only a trader can deposit and withdraw money from an account. Our company has no access to it. Could you, please, provide us the number of your account on the platform. We will investigate the situation and find what happened!

Best regards, Olymp Trade team.
I did not get the withdrawal amount. It has been 15days. I have asked the company for further detail but I still did not get the perfect reply. I asked for the withdrawal on March 4. The amount was 2172 rupees. Regularly I ask for the update but the only reply I get from them.
Olymp Trade Customer Care's response, Apr 5, 2019
Verified Support

Suraj10, hello there!

Could you, please, tell us the number of your account, so we could check the information? We will help you!

Best regards, Olymp Trade team.
Alok Varun's reply, Jun 30, 2019
That's really weird. The support team not replying to the inquiry... no, it's never happened to me before. Are you sure you haven't received the money? What if the bank has messed up or something?
To morning I have deposited 20 dollar. And I won 38 dollar but . I was withdraw. But till now not added.
Olymp Trade Customer Care's response, May 24, 2019
Verified Support

Hi Dear Jubul!

Withdrawal is carried out to the source of depositing of the account within 2-5 business days.
Hope everything is fine now. Please text our support team if not. We are always ready to help!

Best regards, Olymp Trade team.
my name is b. dinesh kumarwithdrawal 130$ and 10$ wining amount is not credited in my account.i request to 4 days back . it is bad service . olymp trade . i sent massage but your not replay . very bad .
Olymp Trade Customer Care's response, May 24, 2019
Verified Support

Hi Dear b. dinesh kumar!

You ordered two withdrawals. Withdrawal is usually carried out within 2-5 business days. Sometimes longer as it depends on the transfer processing time of your bank.

To check the accurate info about these transactions at your bank you need an ARN Reference number. I will now explain you how to carry that out.
ARN Reference number can be requested only after 14 days from the date of withdrawal. As your withdrawals were made on May 18 and 19, you, on June 3, need to take an extract from the bank on all credits to the account from May 18 to June 3, including all the cards you used to withdraw (as you did use different cards). With these extracts, our financial department will ask the aggregator for the ARN Reference for each withdrawal.
So please wait a little bit more and request the extract at your bank and send it to us.

Thank you for your pacience! If you have any questions please contact us. We are always in touch and are ready to help.

Best regards, Olymp Trade team.
The only logical way out is to inquire in the bank what happened. You've got a reply from Olymp Trade, there are no reasons to distrust them. Thus, you need to check with your bank why they keep withdrawing funds from your account. The point is, Olymp Trade is no more responsible for the money after it has been withdrawn to your account, which means you really should address your bank about this issue.

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    Olymp Trade - money withdrawn from account without consent and not returned