Olympic Forex Trade another Forex investment scam that will slowly choke your funds. Once you deposit with the platform, there’s no chance they will allow you to withdraw. It’s what has been happening to the first members who signed up. After reading one compelling email from a member, we decided to investigate further. What looks like a good investment option is nothing but a well-designed online scam. Get to learn what we found out in our OLYMPIC FOREX TRADE Review.
A sure way of making realistic profit margins with forex investments is using forex trading robots. These bots have been created to merge markets and offer insightful options. It’s the secret successful investors have been using over the years. With the growing popularity of forex robots, you need to have the right one. Go for one that comes highly approved by forex experts and enthusiasts. Choose forex robots that enjoy the backing of the forex trading community.
Once we landed on their about us page, we noticed that they lean on the crypto-mining scene. From their about us page, we learn that they associate with KalwaCoin. Whether this is true or not, it remains to be seen.
We haven’t heard of this coin or any company associated with it. According to them, making a profit is an easy process. You deposit funds, watch the profit grow, and request a payment.
If this were as easy as they make it to be, we would all be signing up with them. There’s a reason not to trust such false claims. We don’t know what they do with the funds and make a profit for members.
Nor unless they have a money minting plant, we have reasons to stay away from this platform. Olympic Forex Trade does not provide any meaningful information on how they double funds.
Signing up with the platform is easy, and the entire process takes less than five minutes to complete. We do, however, have a problem with their verification process. A member has to send valuable documents to validate their account.
👉 ***Do you want to earn a side income with a stable crypto investment platform that generates sustainable monthly yields? Get this: You can now make a steady profit margins thanks to a new innovative way of investing in crypto. YieldNodes is the answer you need to start making a decent profit with cryptocurrency investment whether you are a beginner or professional in the crypto space. A multi-tiered node rental program is what Yield nodes is bringing to the table. Master-noding is the avant-garde of generating high ROI thanks to the ingenious of Stefan Hoermann and his team. With master-noding, you invest and let the platform do the rest for you. What is master-noding? It is not TRADING. It’s a new way of generating revenue by providing technology that relies on a proof of stake approach. Yieldnodes operates these crypto master-nodes and optimizes complex strategies to ensure members earn a profit. Yield Nodes will prioritize your security by providing accurate investment options. Members get protection from external losses or unforeseen changes in market conditions. This is not in any way a get rich quick scheme; once you deposit funds; you have to wait for the yields to mature. Yieldnodes is providing a proven, innovative, and secure way of making high returns on your investment with crypto master-noding. With just a minimum deposit of €500, you are good to go! With a minimum contract duration of four months, it gives users a chance to fully experience master-noding. By joining Yieldnodes, you stand a chance of making 5 to 15% every month. If you are still wondering whether this is a safe option, you can cancel the contract at any given time. For those who want to join and upgrade their investment strategy, Yield Nodes is the solution.
Click Here To Sign up with Yieldnodes Today
PS: YieldNodes is 100% Verified and Recommended by Valforex.com.
We don’t see why they would ask for bank statements, a copy of ID, and credit card information. There’s a suggestion that they are harvesting banking credentials from members.
There’s a referral commission of 15 percent for interested parties. Before you recommend anyone to their platform, get to know what happens. Promoting a platform that rips off investors puts you in the crosshairs of authorities and victims.
Some affiliate marketers have also claimed the platform does not pay commissions. It’s best to avoid this platform as it has a terrible online reputation.
It’s still not clear whether the platform covers all aspects of crypto and forex investment. There’s a possibility that this is a clone website. We did a closer check of what KalwaCoin is really about.
There’s proof that the website kalwacoin.com belongs to the same group as olympicforextrade.com. Both of these are scam websites that the same person runs. It’s best to avoid both.
Pivostar UK Limited is a non-existent company that was dissolved on October 6, 2020. These scam artists are using the credentials of an already dissolved private limited company. Even the company number matches that one we found on Companies House UK.
It’s now clear that we are dealing with a ridiculous online forex investment platform. The people behind it will try their best to remain anonymous.
As fate would have it, there have been growing complaints from members of OlympicForexTrade. The reason for the outburst is the lack of withdrawal. After depositing $6,000 with the platform, Mark is now ruing the decision.
He had high hopes of earning 20 percent profit in less than six hours. This was not the case, as he has been trying to withdraw funds all in vain. No one even attempts to respond to his emails or pick his calls.
We don’t have the exact date of when the website went live. What we do know is that the registrant’s name matches that one of kawlacoin.com. From the look of things, the IP address resides in Georgia, Atlanta.
None of the people behind it will openly reveal their names. That’s why investors need to stay away from anonymous investment platforms. There’s nothing good that ever comes out of anonymous crypto or forex platforms.
Olympic Forex Trade offers members four plans that each come with a different ROI. The first plan has a minimum deposit of $1 and 20 percent ROI hourly for six hours. With the second plan, members deposit a minimum of $25 and 27 percent ROI for five hours.
The third plan comes with a guaranteed ROI of 35 percent for four hours. Fourth plan comes with a guaranteed ROI of 55 percent hourly for three hours. The last two accounts come with a minimum deposit of $50 and $100, respectively.
There’s a live chat tab; if you’re lucky, you get to contact a live agent. It’s a bot claiming to be the company support center. We asked about depositing with the platform, and they only accept Bitcoin.
The email address you find on the homepage does not work. You only get an automatic response that they have received your request. There’s no need to engage with the platform as withdrawing funds is next to impossible.
As the chatbot responded, they only accept Bitcoin. We pushed on and decided to ask whether we can transfer funds via wire transfer. The chat said they would send us an email with the bank credentials.
The bank information was sent using a different email supposedly belonging to the agent. Withdrawing funds remains to be the problem most users face. No one has managed to withdraw funds this entire year.
Olympic Forex Trade is not a legit platform and does not hold a valid license. Any document you see on their page is forged, making them a scam. Once you deposit funds with the platform, you will likely lose them when you send the button.
Regulators in the UK haven’t heard of this forex investment platform. We searched the Financial Conduct Authority and found no such platform.
Apart from using false documents, they also hide their true identity. This is an obvious scam targeting European investors. We suggest you stay away from them or risk becoming the next Mark.
There’s no safety of funds, and the owners will rip you off. Despite claiming to have SSL protection, the website can easily fall for DDoS attacks. Segregation of accounts is not taking place, and users don’t enjoy any protection from regulators. Their terms and conditions also put all liability on members. It’s best to steer clear of such websites.
Olympic Forex Trade is a scam, and there’s no denying they use false credentials. The information on Company House UK says it all. These are corrupt investors who want to take advantage of unsuspecting investors.
Investors should look for other proven ways. We have to add this platform to our blacklist.
Make sure to use authentic forex trading robots. These robots offer users the much-needed advantage when trading.
We wish you all the best.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.