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OlympBot Review: Is olympbot.com Scam?

× Alert!
  • - Can't withdraw your funds from this fraudulent company?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:


Click the button below, fill out the form to recover your lost funds from this scam company


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OlympBot Review: Is olympbot.com Scam?

Olympbot is a Forex trading robot that promises investors a constant win rate of 72%. The platform boast of free services investment, but this is not true, and once you download the application, you’ll have to deposit money in the account.

The trading bot claims to have thousands of users who have benefited from their plan massively. The platform is readily available considered you have internet connection on your Android or iOS.

Pros of using automated trading robots

Have you heard of automated trading? For those that have, they know too well the benefits of trading with automated robots.

  • Ease of use

These are some of the best trading robots to use even for newbies. With an engaging interface, traders get the chance to indulge more with the platform.

You get guidelines and tutorials on how best to use the robots and take advantage of the market by simple click trading.

  • Discipline preservation

These bots remain disciplined even when there’s a shift in market conditions and asset pricing. And this ensures there’s faithful execution in all aspects of trading keeping the trader profitable no matter the market conditions.

  • Trading using best several styles

You also get to trade with other styles provided by experienced traders who are also using the same robot.

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Copy trading is one of the best ways to learn trading as it helps investors generate more in terms of revenue and following actual experts on the front seat.

  • Secure

Our expert-recommended trading robots are secure thanks to strong encryption furnished with the help of software developers.

You won’t face any drags or slow executions speeds due to poor assembly, that’s a none issue for these robots.

  • Customer support

The highlighted trading robots offer 24/7 support that offers much in terms of reliability and support.

Go for robots that will be there when you need help no matter the time zone. That’s why we highly recommend these robots.

  • High performance

Another reason to go for these robots is the high performance they bring to the table. Tests indicate most of the listed robots hit over 88 percent in ROI.

And these are trades that offer investors the much needed help for trading.

You’re entitled to make profits within a short period through their martingale feature. Furthermore, you do not have to select the kind of pairs to trade in as the bot performs this for you.

The company seems to endorse the Olymp trade, and they receive a commission from every client they manage to lure into the company. The platform does not let you know how the trading robot will operate to generate profits for you, and this is a risky way of promoting another investment firm

Olympbot.com boasts of being the best platform in the market, yet the traffic on its website is meager, suggesting otherwise. Furthermore, promising investors 72% as the constant return rate is hazardous, considering the volatility in Forex trading.

The platform is more of a gambling system, and you will end up making losses, and profit is not guaranteed to any investor in this kind of system is not profitable. The platform has a link that directs you to Olymp trade and proves that they are an affiliate program, and their main agenda is that you sign up through their link.

Olympbot.com Review

Once you complete this task, reaching them is impossible, and they may even block your details from accessing their features. How this trading bot operates to generate profits for you is not well explained and the kind of maintenance required.

OlympBot Review, olympbot.com Platform

Furthermore, they require you to pay a $100 compulsory deposit for joining the platform, yet they claim to offer free services. Nothing makes sense in this investment firm, and you’ll only end up making losses.

The company promises investors they will double your deposit bonus within the first hour and that the robot doubles the money you deposit and is the main reason you have to put money in their accounts.

Always trade with profitable trading bots in the industry.

The trading bot was created in Russia by a company known as binary bots development limited. The company does not feature a demo account that you can use to test the working or the capability of the trading bot, and this is a risky feature to disapprove of the platform automatically.

Olympbot.com urges investors they have to pay the compulsory deposit fee for you to access the software with no refund policy. Legit investment firms that you should trust allow you a specific time of free trial to prove the legitimacy of the company.

There is no information about the owners or people behind the platform and who is going to be handling your money. It would help if you had much information concerning a trading platform before you trust their credibility and legitimacy, and this information is not available anywhere in olympbot.com.

Olymp trade is the platform that is being promoted here by Olympbot.com, and you’ll be dealing with two different companies; hence getting your money back is impossible. The trading bot can open and close trades for investors In the automated mode.

With martingale kind of system promising investors 72% as a constant return is entirely impossible to achieve. Olymp Bot gets paid a commission because of the link they promote to another company and is not a trustworthy investment firm.

The $100 deposit has to go through the link for them to earn commission then you can access the trading bot. Immediately you complete your deposit; reaching the company is an impossible task as their deal with you will be over.

Legit trading bots allow you a chance to try if they’re working correctly, but this is not the case in Olympbot.com. They use trade figures and statistics that you cannot prove the legitimacy of because no link is available that links to them.

Funds Safety

The platform is not safe for you to trust them with the money because once you deposit money and they receive their commission from your deposit, they end business with you. Furthermore, they do not provide us with any details of the company owners.

You’re not satisfied that the trading bot will generate funds for you because how it operates is shady. They are not showing any past trade transactions that have been completed successfully; it proves that you will not make money here.

The platform may seem legit from there sales page where they show high-profit numbers. However, these figures do not link to the platform and cannot be verified to be true. That is just a marketing strategy that they use.

Regulation and Customer Support

They do not mention any regulatory details on their website that you can use to prove they are operating legally. Unregulated platforms risk shutting down at any time when they do not have enough traffic on the site.

Meanwhile, regulated companies will always provide information on the credibility and certification on the website to prove genuineness.the owners of this platform risk facing criminal prosecution and are the main reason they do not provide information concerning them, not even the names.

The platform does not provide any contact support on the website and, during our research, discovered that the support information of the company that created the robot is [email protected].

Legit investment firms will always provide you with working contact support, and you can reach them quickly, and they respond to you fast. Once you deposit money in olymbot.com and they have received the part of the commission, that’s the end of business between you and them.

Final verdict

The platform owners are unknown, and this is a risky warning to avoid the company at all costs and focus on legit investment firms. You cannot test on the credibility of this trading robot, and this is a major red flag not to trust the investment firm.

Olympbot.com is more of an affiliate platform for marketing rather than a trading company, and they get paid commission in doing so, and they can say anything, including claiming the company is free. Investors get shocked to discover that they cannot access the services of the trading bot unless they pay the $100 deposit.

The company is also operating illegally without regulatory documents because they are not available anywhere on the platform. There are no past trade transactions that show any trade undergoing in the company, and hence you should not trust them with your money.

The safety of your funds is not guaranteed, and also the security of your personal information; you may end up sharing this information with anonymous people. Furthermore, they do not provide any contact assistance to investors, and you shouldn’t trust investment firms with this kind of character.

The method of operation is shady, and there’s no evidence of any investors seen to benefit from this investment firm. Olymp Bot cannot be tested if it’s operating profitably and whether or not you’re satisfied with the services you have to pay the compulsory deposit.

Venture in profitable trading bots which are Legit investment firms. 

15 Replies to “OlympBot Review: Is olympbot.com Scam?”

  1. × Alert!
    • - Can't withdraw your funds from this fraudulent company?
    • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
    • - Or is there an excessive delay in processing your withdrawal?
    • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

    It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:


    Click the button below, fill out the form to recover your lost funds from this scam company


    Click Here To Recover Your Stolen Funds
    1. tried it on demo account and it worked well, actually making profit of $20 each round. So I decided to try out on live account by following their instructions and deposited $100. However it turns out that the bot doesn’t work on live account and returns an invalid request then the bot stops working abruptly. I contacted their support and all I was told is to try again later. Hahahaha…the good thing is that my money is intact and can withdraw it. The dev is very coz he gets 1% commission for each deposit and it’s non of his business afterwards apart from trapping other newbies looking for automated systems…Just laughing at myself now coz this dude is smart by just earning 1% of $100 from over 5000 curious internet users he already has $5000 profit

  2. actually it is a scam. this robot works with reference to previous candle basis. it checks previous candle and if it is green, it assumes that next candle should be also green. If by luck it is green and if you win, it assumes next candle also should be green. it works during break out up or down trends. but not side ways where candles go up and down alternatively. It kept on chasing the candles and it kept losing and till another break out….!

  3. Berarti starteginya cuma ngikutin candl sblmnya dong..?
    Klo gitu tanpa pake olymbot juga bisa.. Cuma modal harus besar…. Kacau melehoy inimah

  4. AI trading in consonance with Binary algorithms are simply the base for a typical scams and creates a Systemised confusion on trades, it simply can not read the Fibonacci retracements.

  5. I think it is just a nice free game. Don’t you think so? And get free 10000 points and free flow refill, just like a never ending game of trades. Since i donot know real trading attitude and knowledge. Give it to me.

    1. If you want to use Olympbot bro, you need to have more money, i started with minimum of 300$…

      you need to really study the bot before investing

  6. This bot has been working fine for me though, have been using this bot on google extension, for days now and have been making profits, if you want to use this bot you need to have a good amount of money, i invested 300 dollars, and within 3 days i recovered my money back, have not been using the OlympBot mobile app because it saying can’t be used in my country Nigeria, so i cant say about the mobile app, but so far have been using the Chrome extension, and it been working out…

  7. Olymp Copy Trading Is one of the fastest growing online trading Automated trading software in the world. We have now expanded our best Binary option trading with multiple strategy,CCI,RSI Stragey, Moving Average Strategy, Metatrader Connector. It’s able to trade on turbo, Binary, OTC.
    Our official Website “Olympcopytrading.com

  8. I lose $100 within an hour. Initially, it was giving a profit. Then I did not check it. It suddenly makes a bid of $23 and loose it and then $57 and loses. I never wanted to bet $57. I was just playing $5 a time. It’s a scam. You need to monitor each bid and stop the bot. There is no option to restrict the bid amount.

    If you bid $50 in an investment of $100 then you will have no option to win.

  9. This bot is best to fund $300 and set $1 for each trade. best to trade on asia session & euro session for 10 hour. you will see the result. you will lose everything after 7 loss in a roll

  10. I installed the app using my google account to log in and guess what. Within 5-10 minutes got a notification of my google account logging in on a Pixel 1 phone. I do not use that phone at all not to mention. Immediately deleted the app and got the google account secured in all ways possible. It could be a coincidence of timing, but never happened before. So just be safe.

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