To answer for questions like: When will Olymp Trade close? What is the reference for Olymp Trade price? Did Olymp Trade broker manipulate price to make money? There’s many questions about Olymp Trade which imply that it is a fraud. This article will help you answer thoroughly those questions.
We claim that: We are traders of Olymp Trade. We have traded and earned money in this platform and will share honestly our experience about this platform without lying.
Olymp Trade Club will guide you how to check if a trading platform is creditable or not. After that, we will use the method to check Olymp Trade.
How to check if a trading platform is creditable?
All trading platforms you know allow customers to trade online. For example: Olymp Trade’s is olymptrade.com. Therefore we can check the creditability of a trading website based on the web itself.
Standards that you consider if you look at the domain of a website
Firstly, traffic statistics in a day, especially unique visitor traffic (visitors that visit the website through a unique IP address). You must understand this is a type of trading website, therefore, its daily traffic must be high.
Secondly, the wordwide rank of the website, especially its rank in financial field.
Thirdly, the address of host (site is hosted in…). If the broker plan its development in South East Asia, they will put the host in Singapore or Indonesia.
Fourthly, where does the traffic come from? If you have Olymp Trade account, you will often access Olymptrade.com. Then you become one of the direct traffic sources of Olymp Trade.
Finally, where the traffic sources come from. The more countries they come from, the better the website is. You should watch out if only few countries’ residents use the website.
To evaluate all those standards, Olymp Trade Club encourage you to use Hypestat.com. There’s a lot of websites that you can use to test the cretability of other sites. However, you need to pay money to use them but Hypestat.com.
I will guide you how to use this website for Olymptrade.com and you can check other site with the same way.
So the question is that: Is Olymp Trade scam or legit?
Let’s check
Access https://hypestat.com. Fill in all the information about the website you want to check. In this case, we check Olymptrade.com.
Firstly, let’s check daily traffic. There’s over 1,3 million people access the website and among those, there are 972,760 unique visitors.
Secondly, OlympTrade’s wordwide ranking: 1,323.
If you want to compare Olymp Trade’s ranking with other websites in finance, you can check here: https://www.similarweb.com/top-websites/category/finance/investing
Thirdly, host address. You can find in Google map for host address.
Fourthly, it’s direct traffic source of olymptrade.com. 40,90% of daily traffic sources are direct traffic. Every 100 visitors, there are 41 visistors are direct visitors, others come from advertisment and other sources. 41 visitors are most likely traders who access Olymp Trade for trading. Nowadays, most of trading platforms have their own smartphone apps. Therefore, the traffic of website may decrease gradually. For example, only 27% of the traffic in IQ Option platform comes from direct visitors.
Finally, where does the traffic come from? Actually, Indonesia is not one of the main sources of the traffic.
If you doubt that Olymp Trade is a scam, you can check and compare with other platforms which you think they are creditable.
When will Olymp Trade close?
A 5 years international trading platform cannot disappear overnight. Let’s use trend search of Google to check Olymp Trade:
There are people from 40 countries all over the world searching Olymp Trade. The blue dots show where people find information about Olymp Trade or access it. The white area is where Olymp Trade has not come yet. Maybe those countries restrict trading or the broker has yet to become popular in those countries.
You do not want to make money in Olymp Trade?
If you think Olymp Trade is not creditable, you can just leave it and find another platform. Olymp Trade is still there with 972,000 visitors per day. It will survive and develop in the future. I hope that you can take responsibility for your choice of being a trader in Olymp Trade or just leave for safer earning sources.
We do not tempt you into this game or organize any activities that advertise for Olymp Trade. If you have any opinion about Olymp Trade, we are willing to listen, please leave a comment and we will discuss with you.
Wish you success!
Join the Olymp Trade Club Signal Group: https://t.me/olymptradeclub19
General Risk Notification: trading on the Olymp Trade platform involves high-risk investment. Do not invest funds that you are not prepared to lose. Before you start, we advise that you become familiar with the rules and conditions of trading outlined on our site. Any examples, tips, strategies and instructions on the site do not constitute trading recommendations and are not legally binding. Olymp Trade is a trading platform which operates online. Traders make their decisions independently and this company does not assume responsibility for them. The service contract is concluded in the territory of the sovereign state of Saint Vincent and the Grenadines. The services of the company are provided in the territory of the sovereign state of Saint Vincent and the Grenadines.![[WARNING] Olymp Trade trading bot scams. Burning $8,000 in two days](https://daytradingx.com/wp-content/uploads/2019/07/warning-olymp-trade-trading-bot-scams-burning-8000-in-two-days-100x70.jpg "[WARNING] Olymp Trade trading bot scams. Burning $8,000 in two days")
How much can I place first timer
5 minutes or more
Is olymp trade in KENYA?
Yes
Can I cash out from my demo winnings???
No. You can’t
Am a beginner and I want to learn from the basic. Your post have been of help but I really need help to understand what am doing.
Pls can you put me in the right direction?
Trade Olymp Trade with Demo account within 2 weeks.
Then, see for yourself what your problem is. You will know what to do
yes your write up is very good it help me but i will like to know if olymp trade is in Nigeria, if yes how do cash out the earning here in Nigeria and what is the minimum deposit.
You can deposit by visa / mastercard. minimum deposit is 15 $
I knew it was a scam. I earn by investing in the high volatility periods, and always in the last second it changes direction and I lose. Damn Olymp Trade
condolatory
I agree with this article as i have being a victim of these fake brokers. I invested about $590K MAGNUM option and
all could do in my first withdrawal was $59k. Then my money started going down the drain till i was left with only
the bonus they said i couldn’t withdraw until i fund my account again. The trend continued and i lost everything.Not one dollar was left. I almost died knowing i was scammed. I was very determined to get my money back so i had to hire a wealth recovery expert (jamespitz19@Gmail. com) who recovered 80% of my money including my bonuses to me. The moral of this story is for everyone to be very vigillant about the kind of broker you invest with and if you have lost some money don’t giveup the quest to get your money back
thank you for sharing
Most brokers take advantage with customers funds because they fill these customers don’t know how to get their funds back, But trust me there are hidden ways you can get your lost funds back from the broker. I was able to withdraw my $230,000 from the two brokers i signed up with while trading. Olymp Trade is so great
can u provide some way for Indian to deposit or withdraw money by rupay card or paytm wallet there are many people who dont have master card of visa card so can u pls look at this problem.
please contact support team of Olymp Trade
I’m trading on Olymp Trade around a year, lately very actively. Now I want to deposit my account up to VIP status. I wanted to ask, should I do anything else or it is enough to have more than 2000 dollars on my account to activate VIP status? And what if I deposit up to 1500 dollars and another 500 will earn by trading, will I receive VIP or I should necessary deposit minimum 2000 dollars on my account.
You must pay $ 2000 to become a VIP