✔️ Information reviewed and updated in July 2024 by Eduardo López


In this post I will analyze Olymp Trade. Is the Olymp Trade broker (also known as olymptrade.com) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Olymp Trade is an UNSAFE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanySaledo Global LLC
???? AddressSaint Vincent and the Grenadines and Republic of Vanuatu
📄 Attend the eventNot mentioned
🛡️ RegulapainIt mentions being regulated in Saint Vincent and the Grenadines but we have not found if it is real
️ ️ Phone+ (356) 2034 16 34
📧 Email[email protected]
🌐 Websiteolymptrade.com, olymptrader.co.uk
???? Live ChatYes
Company typeForex, Cryptocurrencies and CFDs


+ (356) 2034 16 34


Olymp Trade does not offer different types of accounts.


Below you can see the company's website:

Olymp Trade website

When analyzing the Olymp Trade website we can notice that they offer educational resources, explanation of the products where the capital is invested, location of the company and means of contact.

It does make me a little nervous that they do not mention anything about its regulation.

Another unfavorable point is the location: it is in a very unsafe place, be very careful!

⭐ Olymp Trade OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company is located in an unsafe place.

2) It is an unregulated company.

3) The company does not have seniority, it is a company without a track record.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

“To be honest with you, I would not invest in this type of company, it has many points against it, I do not recommend it. Everything seen indicates that Olymp Trade is not trustworthy and it is a very unsafe company.”


I have found various negative reviews, complaints, complaints and negative feedback about Olymp Trade. I honestly think they are a very unsafe option. In addition to this, you can find more comments and opinions from users and clients of the company at the end of this review.

Are you an Olymp Trade customer? Do you have something to tell me about them? I invite you to leave your opinion too!


1) May 2021 Update: FCA, the UK financial regulator, has reported Olymp Trade due to fraudulent activities.

2) July 2021 update:  SBS, Peru's financial regulator, has reported Olymp Trade due to fraudulent activities.

3) July 2021 update:  CySEC, Cyprus Financial Regulator, has reported Olymp Trade due to fraudulent activities.

✔️ CLAIM MONEY FROM Olymp Trade:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital mychargeback. Here you can claim your money.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.

🚨 REPORT Olymp Trade:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


What is Olymp Trade?

Olymp Trade is an investment company in Forex, Cryptocurrencies and CFDs.

Is Olymp Trade a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Olymp Trade reliable?

Olymp Trade is a company that I consider UNRELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Olymp Trade?

If you have lost your money or been scammed, I recommend you try the capital mychargeback.

How to close my account with Olymp Trade?

If you want to close your account write an email requesting it to the company's support email.

How to know if Olymp Trade is regulated?

It is an unregulated company, be careful.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.

Do you have any other doubts or questions?

Leave me a comment on this review, if you scroll down, at the end of the review you will find the comments section. Leave me a comment with your question and we will answer you as soon as possible.

Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

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5 comments on «IS Olymp Trade RELIABLE? OPINIONS»

  1. Diana Reply

    They say it is regulated by FinaCom olymptrade .com / regulation. What is true of that? And they also say that for the withdrawal of money it is an automatic algorithm that can sometimes present problems but nothing that cannot be solved with technical support.

    Help me confirm this please

    • reliableforexbroker.com Reply

      Hello Diana, this regulation is nothing more than a website invented for and by pirate brokers, this regulation has no validity, recover your capital, do not invest anything else, this broker called Olymp Trade is a SCAM, many investors have reported Olymp Trade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker(or with low regulation). This broker lies in saying that it has regulation and DOES NOT return the money to your customers Don't send any money as in the end YOU WILL LOSE EVERYTHING.

      We recommend all those affected to try recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:


  2. Pedro Reply

    Hello! I am looking for information on OLYMPTRADER olymptrade .com /.
    They are promoted by a Mrs. who calls herself MARIA SANZ in IG is as SANZ_MARIA_
    I really want to know what it is about. I wrote to him through IG but he only sent me 1 automatic message giving me instructions on what I should do in order to register, make my deposit on the page and after that I had to send screenshots showing that I had deposited. I imagine it is for her to receive her commission, which I do not see wrong. Now what does not give me a good feeling is that on the page they tell you that they only pay the profits through the same payment method with which you paid.
    In other words, if I pay with a credit card, they would transfer the money to my credit card, so that's where I see the real problem.
    Well I'm looking for information and I got here. but still nothing is clear to me Thank you!

    • reliableforexbroker.com Reply

      Hi Pedro, I think they want to scam you, this broker called Olymptrade is a SCAM, many investors have reported Olymptrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED (or low-level regulation) broker.

      If you want to see real options to invest and that they have security look at this link: https://zuverlassigerforexbroker.com/beste-Makler-2021/


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