✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Olymp Trade. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Olymp Trade and we will tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | olymptrade.com |
| 🏠 Company | Aollikus Limited – Saledo Global LLC |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | Olymp Trade |
| 📌 Direction | 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu – First Floor, First St. Vincent Bank Ltd Building, PO Box 1574, James Street, Kingstown, Saint Vincent and the Grenadines |
⚠️ Olymp Trade is owned by Olymp Trade LTD, the company is located in Vanuatu and Saint Vincent and the Grenadines, potentially dangerous tax havens for their clients due to their lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Account types
Olymp Trade does not offer different accounts for trading.
Information on the web
Olymp Trade provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Olymp Trade Final Rating 🚫
Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH Olymp Trade.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
Olymp Trade News:
| Date | Update – news |
|---|---|
| May 2021 | Complaint against Olymp Trade FCA. |
| July 2021 | Complaint against Olymp Trade SBS (Peru). |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money Scammed by Olymp Trade
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Olymp Trade
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Olymp Trade?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Olymp Trade a scam – is it a scam?
Yes. We believe Olymp Trade is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Olymp Trade reliable?
No. Olymp Trade is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Olymp Trade?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Olymp Trade?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
It is a platform that has been scamming all the unsuspecting people for years who fall into their networks, they capture you with nice words and then they betray you when they see that you have already sent all the money they could get from you and you are no longer useful, if you intend to withdraw I can now To ensure that it is an impossible mission, they want to make you pay to withdraw and then they never return your investment, neither the principal nor the benefits, nothing at all, zero, they steal it all from them. —be very careful—SCAM ALERT—
Hello SCAM, thank you for commenting on Olymp Trade. This broker is a SCAM. The FCA (Financial Regulator of the United Kingdom) has already warned about them, for fraud and not being regulated (see FCA link), also the SBS (Financial Regulator of Peru) has warned about this FRAUD (see SBS link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I made money but when it came time to withdraw it was all problems, lies and more lies, then they didn't answer you and even made fun of you, be very careful with these scamming rats, they are unscrupulous criminals!!!!
Hello Andres, thank you for commenting on Olymp Trade. This broker is a SCAM. The FCA (Financial Regulator of the United Kingdom) has already warned about them, for fraud and not being regulated (see FCA link), also the SBS (Financial Regulator of Peru) has warned about this FRAUD (see SBS link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
I uninstalled it, left about $70 of my own investments and everything went to zero, it's another IQ option.
Hi Jesus, thanks for commenting on Olymp Trade. This broker is a SCAM. The FCA (Financial Regulator of the United Kingdom) has already warned about them, for fraud and not being regulated (see FCA link), also the SBS (Financial Regulator of Peru) has warned about this FRAUD (see SBS link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
total scam this broker
Hi Osley, thanks for commenting on Olymp Trade. This broker is a SCAM. The FCA (Financial Regulator of the United Kingdom) has already warned about them, for fraud and not being regulated (see FCA link), also the SBS (Financial Regulator of Peru) has warned about this FRAUD (see SBS link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.