One day (on 27th September 2019) I saw an advertisement (web banner) appearing in to a web page. I clicked on that advertisement. Women in that advertisement was claiming that she earned quite huge amount by trading with Olymp trade. Believing on this advertisement I registered myself with Olymp Trade. I am trading with Olymp Trade platform from 27th Sep 2019. Initially I used their demo account and after that I started using their live account. I have some loses earlier but later on I started earning. But at the moment when I started to recover my losses and earned some money, trade line in stock charts started responding opposite to my every expectation. It seems that stock charts are controlled by Olymp Trade team and in last few seconds they can eaisly change the stock line. There is a reason to mention this as I have experienced this several time. It can happen to anyone for few times but can’t happen repeatedly. When I started trading with Olymp trade, my success rate was 50-70 % which has been reduced to less than 10% now. Just to recover my losses I traded again and again.
But now the situation is that I have nothing to spend. I have lost everything I had. Even I took loan 25000USD from my bank. Till date I lost my hard earn money of an amount approx 46000 USD in their manipulated trading. I never lost such a huge amount in other trading platforms in India. I am very afraid now after losing my hard earned money of so many years.This is very painful and depressing situation for me.
I have lost my all the money and I left with no money now. It is becoming very difficult for me to run a life as I need to take care of my wife and my two small kids (6 years and 8 years old). I humbly request you to kindly help me to recover my money from them. My earnings are very limited and I can’t bear such loses.
Yashvinder
Zirakpur 140603, Punjab
Email: yxxxx0ediffmail.com
1 comments
Hello, Yashvinder.
Thank you for reaching out. We are sorry to hear about your discouraging experience. Olymp Trade is a transparent and trustworthy broker, it is regulated by the international Financial Commission. It speaks of the high quality of our services and confirms the reliability of the platform.
We understand that facing losses can be extremely demotivating. We from our side provide access to a quality financial instrument and offer vast educational support, but the success of trading results on our platform fully depends on the traders’ decisions and the ability to analyze the market. It can be hard to avoid risky actions when your goal is to compensate for the losses. But it is essential to build your trading plan according to reasonable money management strategies and not to risk large amounts of money.
The chart is based on the quotes, which are broadcasted to all users equally. We can not manipulate the chart as all current market quotations are received on the platform directly from the supplier. To check the quote history for each asset, you can view the section on the platform (it is available for all authorized users): https://olymptrade.com/en-us/cabinet#tab=rates
If you have any difficulties or questions, please, contact our support team. Our specialists will gladly assist you. You can contact our support team via e-mail: support-en@olymptrade.com, in a live chat at our official website, or in direct messages of our Facebook group: https://facebook.com/olymptradecom/
Best regards, Olymp Trade team.