Trade Olympic Review – SCAM BROKER!
OFFICIAL SCAM SITE: TRADEOLYMPIC.COM
Trade Olympic claims to be a world class broker for binary options, stocks, indices, commodities, cryptocurrencies, and more. Yes, it definitely appears to be a great broker, one with lots of markets and thousands of assets to trade with.
It looks like a versatile broker in this regard, as well as due to the fact that there are various account levels to choose from. The message from tradeolympic.com is that you can make thousands of dollars in profits on a daily basis using this broker and the included trading platform.
Now, we did take a closer look at the website. In terms of how it looks, it actually looks pretty legit. There does appear to have been a good amount of work and effort put into making it. However, looks can often be very deceiving, and we suspect this to be the case here. Simply put, things at tradeolympic.com look just a little too good to be true.
For this reason, we decided to do a bit of digging around, just to see what is actually going on here. Well, we have to say that looks are deceiving in this case, because we did find a number of red flags which are indicative of a scam broker. This is our Olympic Trade scam review, and we are here to shut this scam broker down once and for all.
Trade Olympic Company Information
What really does not make any sense about this Trade Olympic company has to do with leadership, licensing, and more. First of all, there is not a single mention of company leadership on the entirety of the website, nothing at all. This is what we usually call a faceless and anonymous scam.
These people have clearly and purposely gone out of their way to ensure that we never find out who they are. This is always a clear indication that something shifty is going on. Unless there is something illegal going on, why else would the people running the show choose to stay hidden from sight?
Next, we also discovered that the included contact info is totally bogus. We are provided with both an email address and a phone number. Of course, we tried our best to contact somebody from Trade Olympic, but to no avail. Nobody picked up the phone and nobody emailed us back either.
On that same note, we are told that the Trade Olympic broker is located in the USA, in New York to be specific. Well, did you know that online Binary Options brokers are not authorized in the USA? It is not legal to run or operate an online BO broker in the USA. Therefore, there is no way that this company is registered in New York as claimed. We checked with the business registry anyway, and of course, there is no registration to speak of.
To take this one step further, the tradeolympic.com broker also claims to be regulated and licensed by the CFTC, which is also not true. The CFTC has never granted these crooks a license to do anything which they claim to do. The Trade Olympic broker is not registered, licensed, or regulated, which means that it is a totally illegal and unauthorized broker.
Something which definitely stands out about this Trade Olympic scam broker is how all of the accounts are virtually the same. If all of the accounts are more or less identical, then why are there different account levels? It seems to be nothing more than a ploy to get people to sign up for higher account levels, thud depositing more money.
Moreover, if you did not already know, when it comes to broker, the industry standard for minimum account deposits is set at $250. However, even the most basic account with tradeolympic.com costs $500. This broker is overpriced beyond reason and it makes them quite unethical.
The Trading Platform
Something else worth mentioning about this Trade Olympic broker is that it claims to allow people to use the MT4 and MT5 trading platforms. However, from what we have gathered, this is also not true. From what we can tell, tradeolympic.com uses its own custom built online web based trading platform.
Besides lying about letting people use MetaTrader, the real issue here is that the platform supplied by these crooks is not secure. It features absolutely no encryption or security whatsoever. It is left purposely vulnerable. We think that this is purposely done, so that the crooks behind tradeolympic.com can easily steal money from people. The whole platform is specially engineered to ensure that the anonymous crooks running the show here can take your money.
CLICK ON IMAGE TO GO TO ANDREW’S TRADING CHANNEL
Trade Olympic Withdrawals
What you also need to know about the Trade Olympic broker is that it appears to not allow people to make any withdrawals. We personally have received several dozen complaints about this very problem.
From what we have gathered, not a single person has every been able to withdraw money from tradeolympic.com. It is pretty clear that these crooks simply drain trading accounts of all funds, and then shut them down. Many people who have deposited money reportedly can no longer access their accounts.
Trade Olympic Review – Final Thoughts
The bottom line here is that the Trade Olympic broker is indeed a scam. There is not a shadow of a doubt about this. After all, we cannot find any mention of leadership, plus the company itself is totally unregistered, unregulated, and unlicensed.
Top this off with nonsense accounts, an unsecure trading platform, and a total inability to make withdrawals, and all you are left with is a headache. The only purpose which Trade Olympic serves is to steal your money.
CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS!
If you would like to find out more about cryptocurrencies and cryptocurrency trading, go to our Cryptocurrency Explained section!
Leave a Reply