Olymp Trade customer reviews

Updated: November 18, 2025
Olymp Trade
629
Summary
Most reviews describe Olymp Trade as a highly unreliable and potentially fraudulent trading platform. Many users report losing money due to alleged price manipulation, frozen charts, false profit displays, and unauthorized trades. Withdrawals are often delayed, denied, or never received, with customer support repeatedly giving generic, scripted replies and offering no real resolution. Several traders claim their accounts were blocked with significant balances still inside, while others say deposits were never credited. Some reviews warn about misleading affiliated platforms like Olymp Matix, which appear connected to Olymp Trade and operate deceptively. A few users acknowledge that the company is registered and appreciate its user-friendly interface or resolution efforts, but these positive comments are vastly outnumbered by complaints. Overall, the reviews portray Olymp Trade as untrustworthy, with major issues in transparency, regulation, and fund security.
Dippankar
24.10.2025 | 09:53

They are still playing around with no clarity on the withdrawal money that never came in my bank account. Customer care is still giving lame answers that does not mean anything. What an unethical company?

Anju Mam
14.10.2025 | 14:56

I have deposited 10dollers but the amount not credited to my account

MoriTab
14.10.2025 | 11:51

I’ve been using Olymp Trade for a while, and my experience has been fairly balanced. The platform is easy to navigate and offers a good range of trading tools for beginners. However, sometimes the execution speed and withdrawal times could be improved. Customer support is responsive, but not always consistent in providing detailed answers. Overall, it’s a decent broker if you’re just starting out, but experienced traders might find it a bit limited

Islam Hussain
08.10.2025 | 16:13

I have deposited money but it doesn't came toe my account 😭😭😭😭😭😭😭😭 and I have get resolution

Vikas thakur
02.10.2025 | 17:53

To be honest this platform is totally scam.

Raj
30.09.2025 | 09:51

I would strongly advise everyone not to use Olymp Trade. This platform is fraudulent and unsafe. They blocked my account without any valid reason when it had around ₹15 lakh in it. Despite repeated attempts, I have received no support or resolution. Olymp Trade lures people with promises of easy trading but in reality, it dupes users and blocks accounts once significant money is deposited. Their customer service provides no genuine help and only delays. 👉 Please be cautious and avoid Olymp Trade completely. It is not a trustworthy or safe trading platform.

Vijay Desai
27.09.2025 | 07:45

No, Olymp Trade is not considered legal or safe in India because it is not regulated by the Securities and Exchange Board of India (SEBI) and has been declared illegal by the Reserve Bank of India (RBI) for unauthorised forex trading. Engaging with Olymp Trade or similar unregulated platforms can lead to potential legal action under the Foreign Exchange Management Act (FEMA) and a lack of protections for your funds.

Avinandan Sen
19.09.2025 | 19:58

Dear Olymp Trade Team, I have noticed that real markets (Forex, indices, stocks, commodities) are not given the same priority as OTC markets on the platform. While OTC is useful for 24/7 trading, many traders prefer real markets because they reflect global events, have higher transparency, and build more trust. I kindly suggest that Olymp Trade should give real markets more visibility and priority, just like OTC markets. This will improve trader confidence, attract more users who rely on real data, and make the platform stronger and more balanced overall. Thank you for considering this improvement. Sincerely, Friend of Olymp Trade

THEO JOE
18.09.2025 | 20:49

Olymp trade is a scam I made a withdrawal of 17 USD on Friday and until today I did not get my money. They send me a email that I must wait for 5 business days till today I haven't received my money (I wanted to check first are they a trusted broker ). They are a scam They just sent me even a wrong email today say that my 18 usd has been processed of which on the first email they sent me they said they are processing my 17 dollar And the last time I checked I did not withdraw 18 dollars I with 17 dollar. Olymp trade is a scam ID 127087502

Samarth
17.09.2025 | 03:59

I have sent request for withdrawal of funds and still i have the total amount in my app but i trade with and i lose money so can i receive withdrawal?

Joseph
12.09.2025 | 13:40

My amount is is stuck and nobody is replying to my emails they told me to wait for 5 days but 7 days already passed in app withdrawal is is successful but didn't reach Id - 117755081

Billmaclaine
07.09.2025 | 21:23

The mistake I made was depositing funds into my Olymptrade account before checking for reviews. This trading platform is terrible. An absolute scam of a trading platform. I deposited over N50,000 into my Olymptrade account. After trading for a while and realising that the platform keeps making me loose my trades,I decided to withdraw my money. It's been hours now,and my funds are not yet deposited into my bank account. Their customer care is zero. No replies. Nothing. Now to you Olymptrade, process my withdrawals into my bank account now or face legal actions. Here's my Olymptrade account ID (36025920).

Collins Briggs
06.09.2025 | 21:54

I was unable to get my withdrawals but with the help of olymp ai trade I got my profits all out , I checked them over on google and got their support.

mvelo chiliza
06.09.2025 | 11:26

This Olimptrade 85% must be increased atleast to 89% , although their offer percentage is less than their competitors ,but Olimptrate is a registered Company. many binary brokers are not registered we thank you that Olimptrade is registered which means they are care about their traders and traders are safe ,in this platform. Focus on reputable binary brokers to be safe like Olimptrate , in time of dispute Olimptrate came with good resolution and they paid because they are registered, if the unregistered company choose to unpay your withdrawal you can't go anywhere you loose because they are not registered don't be fooled about their good platform. Withdrawal matters above everything's, if the unregistered broker is not a scam today it will be a scam tomorrow, plz traders lean the lesson as many of us scammed by Pocket option . Choose widely choose Olimptrate and ather few registered brokers

Leo Webster
05.09.2025 | 09:59

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Nishtha Sharma
01.09.2025 | 23:34

Pathetic application and pathetic customer support with standard replies. They are not processing my withdrawal and not providing any details. Moreover, I cannot make further withdrawal request since one is pending. Their support team use the same scripted replies and also shared misinformation regarding the withdrawals. No escalation matrix, no one to hear your concerns and get them addressed. Very frustrating!

Pradeep Agarwal
30.08.2025 | 11:05

My account id 69849616, deposit of USD 30 on 27th July 2025 not credited to my account till date. Customer support and account team keeps asking for updated bank statements And every task they want 5 days time this is how 35 days have passed. They want to check my account instead of checking their account statement They keep writing same standard text reply. Be careful when you deposit money if something goes wrong you are stuck with standard text reply in email as well as customer support. Same standard text reply again

Captain Solomon Awotide
29.08.2025 | 08:17

I deposited ₦35,000 into Olymp Matix, which presents itself as connected to Olymp Trade. The platform refused to show proper charts, forced trades that wiped out half my account, and then blocked my withdrawal request for my remaining ₦5,000. Although Olymp Matix claims to be a separate platform, in practice it operates around the Olymp Trade system. This creates the impression that they are connected, and many users (myself included) were misled into trusting it. Based on my experience, the setup did not feel like real forex trading but more like a system designed for people to lose money. I would strongly caution anyone considering Olymp Matix (or anything promoted as an “extension” of Olymp Trade) to think twice before depositing funds. My experience was a complete loss. My Message to Olymptrade I have read your response. Please note that I am an experienced forex trader, so I understand how forex works. My main concern with Olymp Matrix is that the chart froze while my account was active, and trades started running out of control. This led to my funds being used in ways I did not authorize. My account ID: 130090882 Also, I noticed your platform allows forex trading on weekends. This is unusual because forex markets worldwide are only open five days a week—from Sunday night to Friday night. Only crypto trades 24/7. This makes me believe the weekend activity is a fake price feed. Simple.

Harry Dawson
28.08.2025 | 06:14

My time using olymptrade has been frustrating the plform sometimes feels unclear and withdrawals are slower than expcted I think olymptrade needs to improve if they want to gain more trust

Adnan Afridi
25.08.2025 | 22:45

Well i request everyone who wants to trade with this useless broker, its totally scamming your money , every candle is manipulated you can make money you won’t be able to come to breakeven , you will loose all your money these hungry pigs always snatch your money, never use any binary option platform Qoutex or pocket options also this usless app olyptrade . Evey trade is manipulated i lost more than 5000 dollars still these hungry dogs are snatching money. All the positive reviews are fake and purchased all the influencer are being paid by them to bring new stupid people to waste there money with them. Please no one should waste your money with them, Well show me a single profitable trader in your 120m users , everyone is loss .. it’s gambling platform, i have deleted all my accounts, i don’t need your useless customer service who doesn’t have enough information. Also one more thing i lost many withdrawal due to single withdrawal in many ARN mean you split it in may withdrawal as i requested for single . Totally useless platform

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