Rockrunner:
I was shocked once i see the article header, cuz I'm a demo user of Olymp Trade and plan to invest some money for live trading in the nearest future.
After reading it all and looking at the provided screenshots I have got only one question to the person who lost these 14800 nairas:
If a stranger knoked in your messenger and said he represents Jesus, and Jesus aked you to go kill yourself, would you do that too?
The same story has happened here obviously. Yes, this is scam. Someone said he represents Olymp but the money were transferred to some side account, this person did not do the transfer using Olymp Trade official page. He deposited the money straight to the scammer's account. Even a 10-year old child knows its not safe to trust strangers and give them your money.

Perfect analogy. There are lots of scammers, and we as traders should protect ourselves from scammers. That article is so misleading.

Goodman247:
Nigerians are criminals and scammers very religious and corrupt

You know what's surprising about this? The managers of the wikifx facebook page are not even from nigeria. you can see on Facebook that they are from France and China.

Hey all. I just want to warn you about Wikifx and their sketchy and doubtful posts recently. They have been trying to post about Olymp Trade being a scam company and they write false claims on their page and website that clearly shows unverified information. Also, one simple research will show that the "facts" in their article can easily be disproved by google and the truth.

Anyway, in the middle of all this, it's also worth pointing at that they are getting what they deserve from social media. Look at these photos below showing how people are disproving their claims. So let this be a reminder to always be critical of everything we see online!

I have noticed recently that there is an increasing number of people who are pretending to work for olymp trade. These pretenders are just scammers who are dragging Olymp Trade's name. Luckily, you can read about a lot of information online on how to detect if who you are talking to is legitimate or not. Read up this article, it might clear your mind. https://medium.com/@solomon.cha.28/protecting-yourself-from-scammers-517f3ec8423b

Drop your questions here too if you'd love to talk!

Brukx:
I hope so. ARN has been sent to my bank

Cool. Hopefully the global situation now wont affect online banking specially money that comes from overseas.

Yinghual1234567:
https://www.wikifx.com/ng_en/newsdetail/202003184444828319.html

A nice article about how OLYMP TRADE scamed . Pls feel free read it .

I've said this a lot of times already, but I have to say it again. There are so many scammers pretending that they are from Olymp trade but are just people using the company's name pretending as account managers. DO NOT BELIEVE THOSE PEOPLE. It is clearly stated in the olymp trade website and facebook page that traders should trade by themselves. When people approach you and say that they will make your investments grow, that is clearly a scam. Run away.

Olymp Trade is not a scam. But there are people out there who pretend to work there, and those people are the scammers. Get your facts straight.

qwertyboss:

Screen shot please

When you go to the metatrader olymp trade website, here is what you will see. Create an account so you can start trading

has any of you already tried to use Olymp Trade mt4? It is kind of new and the 1:400 max leverage is beginner friendly. What do you guys think about this?

There are promo codes that traders like you and I can use in Olymp Trade. For example, this promo code NGMARCH30 was posted in our facebook group which can enable us to have 30% bonus in deposit. That's a good amount of additional money that we can use for trading

Brukx:
I've not received it. It's 8 days now. I've contacted their customer care. They will provide an ARN which I will take to my bank tomorrow

Hopefully you'll receive it soon. The problem i know occurs because the banks have a slow process of visa/mastercard transactions when it is international. The ARN will help in tracking it though.

Brukx:
I've not received it. It's 8 days now. I've contacted their customer care. They will provide an ARN which I will take to my bank tomorrow

I know that when cases like this happen, its an issue of connectivity of your bank with its visa/mastercard system. But they do find it eventually using the ARN, which just takes a long time. Quite a hassle, but still works.

Brukx:
I did one recently and for days now there's credit alert from my bank

You have not received your withdrawal yet? If not, you should contact Olymp Trade's customer service on the website or on their facebook page. They will reply to you

Brukx:
Total profit (18 %)
Average profit (3%/day)
My accuracy has really improved lately. BTW who has any experience with card withdrawal from Olymp trade?

I do card withdrawal with Olymp Trade. It's legit and is a fast process.

Brukx:
I still work on demo, But Olymp is recommended by many.

Yeah, its good to continue working on the demo account just to make sure that you understand how trading works first before putting all your money into it. Don't invest until you know what you're getting yourself into. Lastly, remember to trade on your own and not give money to others to trade for you

Brukx:
Approximately 4% ROI on the first day. 3% greater than my target

How was your experience with Olymp Trade? Can you please share to us?

Kingrexyl:
This is why I advise people to get a strategy and trade themselves instead of giving those unprofessional thieves

True. Learning the basics will just take a few weeks, and you can go to being an expert starting from there. Sadly, people still fall for scammers.

herakles:
This is a public service announcement! @dominique

There are some unscrupulous individuals roaming around social media and ripping people off their hard earned money using the olymp trade platform. they promise to trade for you and give you 100% returns within 24 hours. please! please!! please!!! do not fall victim to their gimmicks. below are the phone numbers and bank account details of the fraudsters involved in this scam

faith (obviously an alias) - 08115233441
Faloye (same as above) - 09020072134

they operate as a syndicate, but there's a possibility that they are the same person.

the bank accounts they use for their fraudulent activities are:

Arohia Blessing...
Account number... 3049281523
Bank name.. polaris bank

Arohia Amechi
Acc no: 0073363281
Bank name: sterling bank

vera david
Acc no 8104794231
Bank name eco bank

please everyone should be guided. the long arm of the law will catch up with them soon.

cheers

Thanks for your info. There are a lot of scammers that sadly, and they use names of big companies to scam others. To protect ourselves, we should always do research and be aware.

LOGOBELT:


Betting is not a CRIME! I'm not encouraging anyone to Bet... Betting is a Choice and no one should be CRITICISED for getting Involved.

Last 2years December, I was opportune to be in a dinner at Oriental Hotel, Sandfill Bus Stop, Victoria Island, Lagos.

I sat in midst of some Big Men, like I mean Big Men, Ready Made... All married. They were discussing about Investments, guess what they are discussing about? Bet9ja....... One was like, he do play bet with about 500k or more daily, I can't remember how much, but its Huge.

He added, that he earn not less than 200k profit daily, others was like that's small na, like most of them earn Huge daily, not monthly oooo I mean Daily.

There was a woman among them, she is even involve, and she earn a lot too. Like they are really MADE, and they still invest in Bet9ja.

Me go still bet with 30k-50k and get about 100k-150k return and I go still dey make mouth, like people invest Huge and earn Huge.

The woman was like, instead of dumping your money in Bank, and bank use it for other investment and give you peanut as interest, invest it in some other things you are smart at... mind you I didn't say "good at" I said "smart at" there are differences.

Bet9ja is a game of the Brain, what do you know? what you know, what strategy will you use to be profitable?

One question I ask people who criticise those who are involved in bet9ja are :

1. what's the differences between Betting (bet9ja and co) and Forex trading, Binary Options and others?

2. why is bet9ja hated and Forex trading/binary option accepted?

Note : am not encouraging anyone to BET, BETTING IS A CHOICE !!!

While it is true that betting is a choice, I have a response regarding why it should not be compared to Forex trading. Primarily because with Forex trading, we use fundamental and technical analysis to predict the most possible outcome. We take calculated risks for the positions we are taking because it is based on analysis. And there is a pattern based on analysis.

Betting, on the other hand, even though some may say has a pattern, still involves guessing. Because of this, a lot of people can take it easily and wind up losing money on the long run. Some people gets lucky, but a whole lot more lose

qwertyboss:
Olymp-trade & IQ Options are some of the best binary options Platforms

Why do you say this? How is your experience with the platforms?

opeyemix:
Quick tip, don't use your progress on demo account as a steam to power your confidence for live trading unless you are using (binary.com) as your broker. This is because platforms like iq options, expert options and olymp trade have rigged the platform/chart to favor your while using demo account nd to eff you up when you switch to live account (speaking from serious experience of 3years trading)

Secondly, always use Mt5 chart for analysis and execute trade on your broker platform... Do this for like 2 weeks on demo before trading live account

Thank me later

For me, its okay to use the demo account for practice and to know if you're progressing your knowledge in trading. However, you should not be overwhelmed by the demo account because the way it differs with your live account is the way you're thinking about it (search about trading psychology). But the charts in the demo and live are just the same so its okay to use it for learning and practice.

I have also written something about Trading Bots. It's very important to be aware of how they work so you can be cautious about the things you do.
Here is that article: https://medium.com/@solomon.cha.28/trading-bots-in-olymp-trade-does-it-work-f3c92c9bd0a5

bizgenera:
If doubling your capital weekly without stressing yourself intellectually sounds good to you, then you can WhatsApp me to get the details.

And when you now apply the wonders of compound interest to your weekly closing balance, in 8 weeks, you would be shocked at what your capital would have grown to.

This is not Forex, Crypto currency or Binary options, it is something better than all of that!

Get in touch to get the details. Don't drop your contacts here Pls.

WhatsApp me on :- 07081516945

Let's make your December an ember to Remember!

We should be careful regarding opportunities like this because earning money online is not a get rich quick type of thing. There should be a lot of time dedicated in studying and learning first.

Gee64:
There this advert on how some people claim to have made millions on Olympic trade using a winning technique.
My question is, 'Are these claims real or feasible in FOREX or option trading on the said platform. Or is the company itself a scam?

I trade with Olymp Trade. The company is legitimate and you will really earn. There are also groups of people on facebook who are trading with them and who shares their experience. In fact, there is one I saw about Olymp Trade Nigeria. Maybe you can check that out because aside from the company's statements, its also important to hear other people's opinions.

Mazugore365:

Looks like they've changed the system of withdrawals for better. Recently all my withdrawals take few minutes only. Well, under an hour. This works for under $100 for sure, I don't know about larger amounts. And sure enough, my account is verified. Olym often applies changes to their platform and system. Some for good, some I don't understand why they even bother, Anyway, automation of withdrawals is definitely for good.

You're lucky that withdrawals with you is so fast! Congrats with that. What is the mode of withdrawal that you use?