[Resolved] Olymp Trade — Olymptrade Fraud | Please guys read and protect yourself from losing your money

[Resolved] Olymp Trade — Olymptrade Fraud \| Please guys read and protect yourself from losing your money

S smmmm Mar 30, 2023 Apr 4, 2023 This thread was updated on Apr 4, 2023

I am helping all youngsters here because I see more youngsters are using this app. Please humble request to not lose your money on this app, uninstall the app and move on with your life, if you are really interested in trading do intraday in the Indian stock market (NSE/BSE). RBI has already banned this app, you can here - https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=4183 I have been using this app for a month now already lost more than 200 dollars, this is my research on this app. How it all begins - You get influenced by watching fake YouTubers and influencers showing how they earn 1000s of dollars per day by making a 1-2 minute trade, which is totally fake. - You download the app and see that it has a demo account with demo money. - You start trading with a demo account, and you see how easy you are winning the trades, you will start winning 7 out of 10 trades. - This will motivate you to try with your real money. - That's where the game starts when you start trading with real money, the chart starts manipulation, and you will start losing 7 out of 10 trades because the prices are manipulated. Check my other complaints and comments, I have already shared the proof of how olymptrade fraud chart manipulation works. Was this information helpful? No (0) Yes (0)
May 5, 2023 Complaint marked as Resolved Olymp Trade customer support has been notified about the posted complaint. Verified Support Apr 04, 2023 Olymp Trade Customer Care's response Hi, smmmm! Thank you for sharing your concerns with us. We ensure that you can continue trading safely with us! Olymp Trade has the legal right to offer its services to clients worldwide, as we have been doing for the last 9 years. The regulation you mentioned specifies that Forex trading with currency assets is not authorized in India. To stay in line with the RBI and continue trading in FTT and Forex modes freely, simply open deals with other assets, except currencies. You can use commodities, indices, cryptocurrencies, metals, and more. Alternatively, you can turn to other trading modes offered on the platform. Kindly note that you can view the history of quotes on our platform. To do this, please go to the "Help" section on the platform and select the "Assets" menu. After choosing the asset which you want to check, you can find the information of quotes under the "Quotes History" sub-menu. There, you can select the date and time of the quote which you would like to check. Also, we have an independent department in our company that works in such situations. If you do not agree with the results of the trades, then they will check them for you. Please send an e-mail to [protected]@olymptrade.com. Wish you productive trading! Best regards, Olymp Trade team.
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smmmm

Mar 30, 2023

Hi brother, I am helping all youngsters here because I see more youngsters are using this app. Please please it's a humble request 🙏🙏 to not lose your money on this app, uninstall this app asap and move on with your life, if you are really interested in trading, learn intraday in the Indian stock market (NSE/BSE) which is backed by gov entity SEBI.
RBI has already banned this app, you can check here - https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=4183

I have been using this app for a month now already lost more than 200 dollars, this is my research on this app.

How it all begins
- You get influenced by watching fake YouTubers and influencers showing how they earn 1000s of dollars per day by making a 1-2 minute trade, which is totally fake.
- You download the app and see that it has a demo account with demo money.
- You start trading with a demo account, and you see how easy you are winning the trades, you will start winning 7 out of 10 trades.
- This will motivate you to try with your real money.
- That's where the game starts when you start trading with real money, the chart starts manipulation, and you will start losing 7 out of 10 trades because the prices are manipulated.

Check my other complaints and comments, I have already shared the proof of how olymptrade fraud chart manipulation works.