Olympus Markets Review

Scammed by Olympus Markets? If so, MyChargeBack may be able to help you. Their expert team will know if there is a way to assist you. Fill out the form and get a free consultation today.

Olympus Markets Review

🔴 Olympus Markets services are questionable – a warning sign! 

🔴 Olympus Markets isn’t licensed – a red flag!

🔴 Olympus Markets isn’t transparent – a red flag!

🔴 Olympus Markets creates unrealistic expectations – a red flag!

What is Olympus Markets?

Olympus Markets is an unregulated broker platform similar to Stonewall Fx, which we reviewed earlier. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from them as they are anonymous and that they can disappear any time without notice. Companies providing online brokerage services without a license cannot provide their clients with any sort of protection.

Olympus Markets Regulation

They are unregulated and most likely totally illegal, which ultimately means that your funds will be in danger if you deposit! So, yet again, there is another reason to stay away from them!

As there is no regulation, the people running the platform can pocket your money while bearing no responsibility for their criminal actions. They can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection. In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of client’s funds. For example, in most jurisdictions, a company will get a license if it meets the minimum capital requirement that varies by country and may also depend on the product specification, business classification and so on.

To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this investment firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why they are dangerous to deal with.

On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t provide this information. There is also a chance to become a victim of Identity theft, experiencing many more problems consequently.

Olympus Markets Complaints

Depending on the amount of experience people have with brokers, it may be easy to tell what is legitimate and off-base before the problem starts. However, most of our clients were not aware their platform was problematic before they had already signed up. If they show any of these signs, either avoid them entirely or look very carefully before proceeding:

🔴 Not regulated

🔴 High fees and commissions

🔴 Not enough information on the website

🔴 Poor communication and refusal to answer questions

🔴 Pushy manner

🔴 Keeps mentioning rules and fees that were not outlined in the contract

🔴 Does not let you withdraw money from your account

Olympus Markets Products and Services

They are not safe, and we say so because it’s an unregulated broker. They always promise things they won’t deliver, and Olympus Markets makes no exception – they claim that customers can become rich quick, which is a scam offer seen from any viewpoint! Such promises are ludicrous, and they show that Olympus Markets is a suspected scam you should avoid! Beware!

Olympus Markets Customer Support

Olympus Markets allows you to contact them through telephone contact and email. They do not provide any location data. There is no certainty in the contact information available.

You ought to receive an instant reply to your query, if not fast. Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.

Are Funds Safe With Olympus Markets?

With such lack of information and being unregulated, funds are not safe. Security of funds is a huge problem with brokers. A red flag that we noticed is that they are withholding vital information to users. They could go bankrupt from one day to another since there are no banking information about them.

Olympus Markets does not guarantee the security of funds. The safety of your money is a top factor to consider in any platform. Any red flag is a warning you should not ignore. Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process.

Olympus Markets Withdrawals

The point at which many of our clients realize they are dealing with a scam broker is when they request to withdraw funds and the broker either won’t allow them or will make it difficult. They may employ the following tactics:

🔴 Will aggressively urge clients to make additional trades. The client often acquiesces because the broker will be quite pushy and make it clear he or she is in control since they hold the client’s funds

🔴 Will charge high withdrawal fees. Many clients will instead try to make more money to cover these high fees and will make more transactions instead of withdrawing

🔴 Cease communication. They may be evasive or simply not communicate at all.

If Olympus Markets is doing any of these things to avoid releasing your funds, do not hesitate to leave a comment to warn others.

Olympus Markets Review: our Conclusion!

Olympus Markets is an unregulated platform to avoid. Their methods for investment are unreliable.

 

If you have been scammed, feel free to leave a comment or if you wish to arrange a free consultation with our professionals, do not hesitate to submit your complaint by clicking the button bellow.

ℹ️ Olympus Markets Details
  • 🖥️ Website URL : Olympusmarkets.com
  • ⚖️ Regulation : Offshore Broker
  • 🧭 Headquarters : N/A
  • 💳 Minimum Deposit : N/A
  • 💰 Leverage : N/A
0.5

🚨 Olympus Markets not paying? Share your experience and get help

📋 Fill out the form here and get a free consultation today.

8 thoughts on “Olympus Markets Review”

  1. Olympus Markets are very adept at drawing your money into their system. Their online portal appears to be simply a fake window with no real data presented. The brokers seem to be able to “update” the portal at will, with no reference to real market data – so they increase or decrease your virtual earnings on a whim. The objective is to keep you hooked long enough to get you to invest more often and in larger amounts. But if you try to take your money out, their system simply doesn’t function. The online withdrawal facility is just a mock-up – it doesn’t actually function to trigger any action. Complaints to their support desk are met with polite bureaucracy, circulating inquiries around various (bogus) departments. I have been going around in circles for seven weeks, getting nothing but excuses and a total lack of integrity. No sign of any intention to pay back earnings. I advise you to stay away from this team of cheats and charlatans.

  2. It’s unbelievable what this company and their so called managers! First I payed 250 Euro with the idea to trade with Bitcoin. Then the second manager forced me to ad more money to be able to trade with Bitcoin. I added 2500 Euro. Then she started for me a trade with Bitcoin and I lost the whole money. Next manager called offered with to recover my lost with 1000 more Euro and his help in trading. For a while it worked. He also showed me to withdraw money so I got 250 Euro back on my credit card. Next step was a new manager who told me he would help to pay back my money. Instead of sending money back to me he made me buy more Bitcoin in a total misunderstanding made some trade and the money was gone. Then I got a nice new manager, the first who showed me how to trade and I had a little success. With this he offered me to buy my so Bitcoin on my account with bonus and profit when I would ad more money by buying Bitcoin. 20000 was the amount he spoke about. As he seamed to honest I trusted him and did what he suggested. After that I didn’t hear anything from him. The money was on my account and I wanted to withdraw the whole amount. I tried and tried to withdraw. Nothing happened. Finally I got a new manager. He made a contact to another manger who told me to help fulfill the withdraw. But it was the same trick as with the 5000 Euro. I closed the process and wrote to the company that those methods are criminal. Then the previous manger called and told me he would help me to make some profit so I could be satisfied with the company. He added a 100000 to the capital and started 4 trades which lost within minutes 7000 Euro!!!

  3. Get your hands off me! SCAM!: I paid myself (voluntarily) over € 14000.00. In July 2019 I tried to quit. Now (October 2019) I have, apart from meaningless comments from the support service (“Thank you for contacting us.This information has been forwarded to your senior account manager who will contact you at the earliest opportunity in order to assist you.For any further inquiries, please do not hesitate to contact us.”). All contacts via poorly understood VoIP, not a single rogue answer via email.

    And I already had 6 or 7 “Senior Account Managers who are always trying to get more money out of you.

    Last Thursday I was called again: “because of problems with authorities we can only now tackle your request. But now it comes well”. Via my credit card, where you had to steal a security, the refund would take place. WITHOUT MY AGREEMENT WERE ON MONDAY € 7500 OF MY (new, the old one I had already blocked; I have no idea how they found my new credit card number) CREDIT CARD WRITED, AND VIA BITCOINS WRITTEN ON MY OLYMPUSMARKETS ACCOUNT.New balance at Olympus Markets therefore over € 21000.00 – money I probably will never see back. I’ve already filed a complaint with the police and my credit card company has ordered me to retrieve this last unauthorized € 7500.00. Wait and see, but I don’t expect much. Once again I asked for a new credit card. BY THE WAY: SINCE I OPENED THE ACCOUNT AT OLYMPUS MARKETS, FOUR ILLEGAL TRANSACTIONS HAVE BEEN MADE AT PAYPAL, AND TWO DIRECTLY VIA MY (NOW BLOCKED) CREDIT CARD.

    BE VERY CAREFUL: THE MONEY IS GONE, AND YOUR CREDIT CARD WILL BE MISUSED (DIRECTLY OR INDIRECTLY)!

    OLYMPUS MARKETS IS AN ABSOLUTE AMOUNT, AND IT IS INCOMPREHENSIBLE THAT THIS PLATFORM IS STILL ACTIVE.

    Translated with http://www.DeepL.com/Translator

  4. Hi, for start they ask me for 250 Eur, few days later very brutal ask me for next money of 8000, and promised me 30 percent more money back, than show me like I have earn 11 000, but after two days, ask me next money or I may lost all, the result it I lost all.

  5. 2 years ago Olympus Markets (OM) “stole” 500,-.
    2 months ago i was approached by Customer care of “Coinbase” that they took over alle victims of OM and will refund me the profits over the last 2 years. Unfortunately i discovered that this were scammers. I lost 1200,- again…
    Who else is victim?

  6. These clowns have been trying to scam me for months. I signed on with them, but my Credit Card company refused the transaction, then called to advise they believed this was a scam.
    They immediately cancelled that card and issued me a new one.
    Since then, this Olympus group calls me just about every day, sometimes twice a day trying to get me back on board. I’m sure it’s the same guy every time too. Uses different names, but has same voice and Russian accent.
    I’m glad my credit card company caught this before I got scammed.
    I’m a senior on a fixed income, and can’t afford a loss.
    Stay away from them.
    If it sound too good to be true, it probably is.

Leave a Reply

Your email address will not be published. Required fields are marked *