✔️ 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.
GOOD MORNING. PLEASE JUST ANSWER WHAT I ASKED
1- DID YOU HAVE PROBLEMS TO GET YOUR MONEY FROM THE PLATFORM?
I CARRY OUT MAKING IT
THANK YOU
Hi Vanesa, thanks for commenting on Olymp Trade. This broker is a SCAM. The FCA (UK Financial Regulator) 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.
ATTENTION! THESE SCAMS ARE ALREADY ON THE FCA BLACK LIST https://www.fca.org.uk/news/warnings/olymp-trader-olymp-trade AND THE FINANCIAL REGULATOR OF PERU https://www.sbs.gob.pe/usuarios/informacion-financiera/informalidad-financiera/entidades-informales-identificadas-por-la-sbs
DO NOT DO BUSINESS WITH THESE THIEVES! YOU WILL ALWAYS END UP LOSING YOUR MONEY!
Hi MIKE, thanks for commenting on Olymp Trade. This broker is a SCAM. The FCA (UK Financial Regulator) 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 have verified it and what they say is totally true, they are sanctioned and warned by the UK and Peruvian regulators, they are a scam. VERY CAREFUL, YOU WILL BE ROBBED !!!!
Hi Mathew, thanks for commenting on Olymp Trade. This broker is a SCAM. The FCA (UK Financial Regulator) 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 still don't understand how they are still active ... these olymp trade thieves have really scammed thousands of people
I really don't understand how they are not all behind bars in prison ... incredible.
Hello Alonso, thank you for sharing your experience with OlympTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it. They always try to manipulate you, they will not return your money, neither the initial one nor if you send them later you will not see it anymore, try to claim through our chat.
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.
In my case it was difficult to trust again after being scammed by a broker, but mychargeback did a good job and managed to recover the money that I had lost. Maybe you can too.
Hello Juan, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.
For others who want to get their money back, they should try talking to our chat or click on this link:
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
If you want to see our ranking of the recommended brokers 2021 click HERE
Greetings and good luck.
Youtubers are promoting olymp trade so is it safe?
Hello Bayer, No, those promote it for money, I do not think they know that it is a FRAUD and that they STEAL from customers. Thanks for sharing your experience with Olymp Trade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
You can read the review and comments at this link: https://brokersrecomendados.com/olymp-trade-comentarios/
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
regards
I mean that many investors underestimate the importance of additional tools. Please estimate how much time you spend each day searching for important news! At least an hour, being objective. And at Olymp Trade, the Economic Calendar is integrated into the platform. You can see critical events that can affect the market without distracting you from trading. Sure, you can not follow such news. But in that case, you risk losing money when there is unexpected volatility in the market.
Hello Matheus, please don't take us for fools, Olymp Trade is a SCAM, SCAM, SCAM and all the synonyms that can be found of these words, it is a Broker that is dedicated to LYING and DECEIVING to people who earn an honest living and who entrust their savings to them to then STEAL THEM. If you have REAL information and not this garbage that you are writing about the company, we ask you to share it with us (when you regain decency and empathy), 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 recover the money that this broker has SCAMMED you, try our CHAT or with this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
These are really important things that attract the attention of current investors, because each of us wants to find better conditions in the market to earn more, a market analysis that is easier to understand, that navigation is faster in those moments untypical, etc. And I think it is not for nothing that Olymp Trade is a leader among brokerage companies, although it is not easy. But on the other hand, it creates a positive image of the company and shows that the company has the necessary resources to create those services that can provide new features to operate. But the most important thing is that all this requires a minimal investment. So here you can experiment, test and draw your own conclusions.
Hello Mauro, please don't take us for fools, Olymp Trade is a SCAM, SCAM, SCAM and all the synonyms that can be found of these words, it is a Broker that is dedicated to LYING and DECEIVING to people who earn an honest living and who entrust their savings to them to then STEAL THEM. If you have REAL information and not this garbage that you are writing about the company, we ask you to share it with us (when you regain decency and empathy), 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 link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
They are being pursued by several financial regulators for having been stealing from all their clients, the police are after them...
Hello Sergeant, 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.
I can't get my money back, they only make excuses, it's a FRAUD!!!!!
Hello Mercedes, 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.
I operated a single day with olymp trade I did not like it, it seems to me that it is a very manipulated broker, I opened my operations and it was assumed that I won the percentage that the currency showed me and I only earned 1% on my investment and when I lost I lost 100% of my capital has more positive operations but with 1% bone it is shit for my opinion it is possibly a scam
Hello Unknown, thanks for sharing your experience with Olymp Trade. 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?
regards