No Matter What time frame you trade. If the price is near the price you opened the trade, it is going to defeat you ruthlessly by manupulating the trade. The algo/ software used by Olymp aggresslively fluctudate around your price and at the last second it will close the trade in its favour. Here are some proofs of trades closed with a mere margin in decimals. As I said, it is done on purpose.I request you all to don't loose your hard earned money by tradining on such platforms. More videos available on Youtube.
Additionally, Olymp Trade is not licensed nor regulated by any recognized regulatory agency. They claim to be regulated by the financial commission which is a conglomerate of characters in the industry and not a regulatory body but an association with registered members. Olymp trade website is registered under a company named smartex International limited which is based in Saint Vincent (an area known for it lapse financial laws which allows for gross financial misconduct from brokers). If you have incurred losses as a result of the fradulent activities of Olymp Trade or any broker in this category you can get intouch with privycript ltd for help on how to recoup your investment. Some traders wonder why regulations is so important. Trading options can be a risk which is why you don’t want to compound that risk by taking a gamble on using an unregulated broker. Regulation is required for controlling a broker’s activities, protecting speculators against a broker’s eventual bankruptcy and preventing fraud.
If you guys are also planning to try this thing only by looking at the amazing reviews of other people, believe me, you would repent later. If you wish, you can start with a few dollars and do not take this app rule over your head. I have also seen people, who invest even after knowing that the app is a scam.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment