Olymp Trade customer reviews

Updated: March 23, 2026
Olymp Trade
Views1556
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.
Mary J
18.01.2026 | 01:20

Zent ri Coups saved me by retrieving my lost funds, preventing my downfall.

muhammad yousaf farid
13.01.2026 | 12:20

Very bad experience in olymptrade.they no give deposit and withdraw.every time support team we are working in your caes but they eating your deposit.my suggestions for all trader no work with olmptrade.they are scammer

aayush mohanty
24.12.2025 | 11:00

Showing account blocked after payment source verification. Account no: 133155162 Please reply via mail to me.

Zolboo batlut
15.12.2025 | 19:08

I had an old account blocked due to a 'suspicious transaction' which was just a test I did. Thinking it was a misunderstanding, I created a new account with my own details and verified it using my passport. Everything seemed fine, no suspicious activity on my side. I deposited $800 to start trading, but suddenly they closed the account, claiming violation of terms (multiple accounts and third-party data – which is false, I used my own passport!). They say the deposit was withdrawn by me, but I NEVER made any succesful withdrawal! The remaining funds are withheld according to their Section 8 of Service Agreement. Support (Ritu) refused to unblock or refund, saying no refunds for violations. This is unfair and feels like a scam. I have proof: verification screenshots, bank statements showing no withdrawal, and emails. Avoid this platform – they take your money and block you without proper explanation. Demand better regulation! Account ID: 132560543 (new)

mohamed Mahmoud
14.12.2025 | 21:54

⚠️ SERIOUS WARNING: Do NOT Use Olymp Trade – People Lost Thousands This is a serious warning to anyone thinking about using Olymp Trade. Many people joined believing it was an investment platform. What they experienced instead was loss, anger, and addiction. People lost thousands of dollars after being trapped in a system that behaves like a gambling machine. Olymp Trade is not real investing. You do not own any asset. You only choose a direction — up or down — for a very short time. If you are wrong, your money is gone instantly. This is betting, not trading. Many users report something very dangerous: Every time you choose a direction, the system moves against your choice. The price suddenly reverses, even when the market looks clear. Charts behave strangely. What looked like a correct trade turns into a loss at the last second. Whether this is algorithmic control or internal pricing, the result is the same — the system always wins. At the beginning, the platform often gives you small wins. These wins are not random. They build trust and confidence. You start believing you understand the system. You feel smart. You deposit more money. Then the real phase starts. Loss after loss begins. The platform turns into a loss machine. Trades reverse suddenly. Your balance drops fast. This makes you angry. And anger is exactly what the system feeds on. You don’t stop. You try to recover. You increase trade size. You deposit again. This is how people lose hundreds, then thousands. The demo account is part of the trap. In demo mode, many people win easily. Real money behaves very differently. By the time you realize this, you are already emotionally involved and desperate to fix the losses. Promoters make it worse. They show fake profits, luxury lifestyles, and “guaranteed signals.” They never show losses. Many of them earn money when you lose, so they push you to keep trading no matter what. When users try to withdraw, many report delays, account reviews, or sudden problems. Stress increases. Some people keep trading just to escape — and lose even more. This is not an accident. This is how gambling systems work. The platform does not train investors. It creates angry, emotional gamblers. If you value your money and your mental health: DO NOT USE OLYMP TRADE. DO NOT TRUST EARLY WINS. DO NOT CHASE LOSSES. This is not investing. This is not skill. People already lost thousands. Take this warning seriously.

Abdur Rahim
09.12.2025 | 10:36

I have loss my all money, I have bed experience

Vishal Kumar
04.12.2025 | 23:48

I have complete proof they are not providing withdrawal if you make good profit they will hold your withdrawal and won’t provide anymore

Mohamed Abdelghany
28.11.2025 | 04:54

WARNING: Safety System Failure (Case BMJ4UZ) ​This platform accepted $4,150 from my 17-year-old daughter (Minor). The shocking part is that their system accepted a new deposit even AFTER she uploaded her ID proving she is underage! ​Now they admit she is a minor but refuse to refund the principal deposit, citing technical terms to cover their own KYC failure. I have escalated this gross negligence to the Financial Commission. Traders, be careful. ---------------- UPDATE TO COMPANY REPLY: ​This is a misleading PR response! You ask me to contact support? I ALREADY DID (Account ID: 108968813 | Ticket: BMJ4UZ), and your specialized team reviewed the case and sent me a "Final Rejection" email, refusing to refund a single cent! ​You claim here to have "strict measures to prevent minors," yet the reality proves your system failed: Your platform accepted a NEW deposit from my daughter even AFTER she uploaded her official ID proving she is a Minor (17 years old)! ​Stop pretending to help in public while closing doors in private. The case is now with the Financial Commission to judge this gross negligence.

Vee Lee
26.11.2025 | 17:11

The price of assets on the FTT is heavily manipulated. I tried it in real time and placed 5 consecutive trades just to test and when it’s about time for profit the price jumps in the opposite direction leading to a loss n it did same for all 5 trades. What are the odds it’s just a coincidence? Zero. If I can’t trust you with $1,000, no way am I depositing $10,000. Manipulators.

Asuzu Emmanuel
19.11.2025 | 02:51

Been waiting for my withdrawal to be approved since 2 days now this isn't good

For Personal
18.11.2025 | 15:24

Scammer dont deposit money 30 days passout my deposit not arrive yet whenever I talk with customer service he said I am working on it my id is 131832235 This is a scam website. I deposited $13, and it’s been 10 days now since I made the deposit via crypto. They took every screenshot from me, including my blockchain link, and they’re saying that the payment hasn't arrived on their end yet. The payment has already been deducted from my wallet. No one should believe them; they are scamming.

Sijish Bhageerathan
07.11.2025 | 09:12

They don't credit your deposit. Even after 24 hours i am waiting. Hi i am still waiting for credit of amount into trading acct. Don't trust oĺymtrade. 22 nov They are just fraud. I lost 700rs.tothe fraud app My Acc no. Is #2852574603 and request no. Is 6496257909

Elsa
06.11.2025 | 15:17

I have made deposit via upi almost days Ago it has still not arrived all they know is to delay the problem I messaged the chatbot it gave me time to wait for 48 hours still no problem solved the support gives me email of executive the excutive tell me to contact support They just delaying my deposit nothing else don't know what they want Feels like a scam website they told me to provide me proofs i provided them every single transaction proof as much as possible still no reply Here is my id 132014807 All they know is to delay problem

Dippankar
30.10.2025 | 15:56

They will stop your withdrawals all of a sudden and then you keep chasing them. First they will say wait for 5 business days before you can lodge a complaint. Then they will say they need 5 business to investigate. After that they said they need 10 business days. And it goes on, as it seems until you give up. This is clever scam of duping a small (not sure if at all small in the long run) set of customers and steal their money

James Bond
29.10.2025 | 23:16

Hey, I’m currently unable to open an account from the Netherlands, and I find this concerning. It raises questions about the legitimacy of this broker. I expect clarification on this matter promptly. Thank you.

Laren Lucian Sutisna
28.10.2025 | 17:14

Absolute trash trading platform. Does nothing but steals all your money. Predatory inactivity fee, only sends in one notification and expects you to forget.

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

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