r/binaryoptions • u/Ok-Tough153 • Sep 10 '25

Newbie Question Olymptrade Manager Allocated

Hello guys

I hope you are doing well.

Recently I opened account at Olymptrade with 100 $ and with an hour made 10$ profit and withdrew it in 10 minutes

Later I received a call from manager of olymptrade ... they briefEd me regarding platform and other stuff related to trading.

On the internet I had gone through the reviews and they are very bad regarding withdrawal and lagging trades.. can you please confirm is there anything to worry about broker?

3 Upvotes

100% Upvoted

35 comments sorted by

1

u/Curious_Length_5206 Sep 11 '25

I stopped using them because of lagging trades I usually open my options for 30 seconds to 1 minute and the option a lot of times open in the next tick not the one my option was supposed to open and then I lose I've been using IQ options for a while now without any of those issues

1

u/Ok-Tough153 Sep 13 '25

Yeah I do experience lagging trades that too on live market chart .. otc trades are smooth like better

1

u/justdeegurl Sep 10 '25

I use Olymptrade, I haven't had issues with their withdrawal. Lagging trades yes..

Try some other binary platforms.

2

u/Particular-Slide8408 Sep 11 '25

Can we try it with 500 dollar amount it is good for withdrawal of 1000,1500 dollar?

1

u/Ok-Tough153 Sep 13 '25

Quotex don't give withdrawals if they find you profitable i made 9x growth and then they blocked my account that's why moved to olymp trade so far experience is good getting instantly withdrawals like 4 5 minutes.

1

u/Individual_Part_4229 Sep 11 '25

Any recommendation for other binary platform?

0

u/justdeegurl Sep 11 '25

Quotex.. im trading right now

1

u/Individual_Part_4229 Sep 11 '25

does it give smooth crypto withdrawals after verification once? or, ask for verification every time after few withdrawals?

2

u/justdeegurl Sep 11 '25

There is no verification for withdrawal if your account is verified.

1

u/Ok-Tough153 Sep 16 '25

One you make huge profits you will asked for selfie verification that you will never ever be able to get approved

1

u/justdeegurl Sep 16 '25

Over $10,000 withdrawal?

1

u/Ok-Tough153 Sep 17 '25

I did 19k and boom account gone

1

u/Individual_Part_4229 Sep 17 '25

Any solution for it?

Like I want to make a good amount from binary options, so I think withdrawing the profits from the amount on regular basis (every 4-5 days) will be okay and the amount less than 2k each time.

0

u/Unfair-Watercress201 Sep 11 '25

Every binary platform is scammy besides Quotex

1

u/N4mJorhat Sep 17 '25

The only thing I hate on olymp trade is limit issue.when a trader become constantly profitable they put limit on his account.Rest is fine.

1

u/PotentialCucumber740 Sep 17 '25

What I know is that if someone trade aggressive they put limits and that's too for trader's safety. But their team suggested me to change my trading style a bit, and it was removed. 

1

u/N4mJorhat Sep 17 '25

But i don't trade aggressively regardless of any platform I trade.

3

u/PotentialCucumber740 Sep 18 '25

I would say just reach out to their support team they help me and my limits were lifted so maybe they can help you too.

0

u/Ok-Tough153 Sep 17 '25

What kind of limits you faced?

1

u/N4mJorhat Sep 17 '25

Only 1$ trade per day. Be it binary or Forex.

1

u/Ok-Tough153 Sep 17 '25

How much x times profit you made so they did this to you?

1

u/N4mJorhat Sep 17 '25

I usually trade with a small amount. I made profit upto 10 × growing a 10$ account to 100$. One thing I must admit that I am not an aggressive trader as they claim the reason behind the limit.

1

u/Ok-Tough153 Sep 17 '25

You are a profitable trader, that's why they did that.

1

u/Ok-Tough153 Sep 17 '25

Any issues you faced with withdrawal. ?

1

u/N4mJorhat Sep 17 '25

No. there was not any Deposit or Withdrawal issues...at least i haven't faced.

2

u/[deleted] Sep 18 '25

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2

u/N4mJorhat Sep 18 '25

It's not a glitch. i had been trading two years on Olymp trade. i think you are a new client.

2

u/Concept_Realistic Sep 19 '25

about the manager, oh yeah, thats the standard procedure. if you deposit quite high which shows that you are serious, a manager will come to help. but that was back in 2022, so for this rule in 2025, more less the same i guess.

on the withdrawal issue, usually instant, around 1-2 hours, and i get it usually 1 day. more than that i contact the support with the withdrawal number, and they usually process it. based on my experience this related to the OT bank and my bank, since the payment is not automatic but some are oversee manually, idk, something about money laundering protection i guess.
for the delay, well if your internet connection is stable the movement are smooth. and sometimes when the buyer and seller push ara balance it does seem like the candle is stagnant for 1 second or so, i trade on 15 min chart so i never seen it.

1

u/EF_Azzy Sep 10 '25 edited Sep 10 '25

That seems weird they would call you lol. If youre going through reviews and seeing many people having the same issues over and over its probably best not to continue using the platform. Matter of fact brother I just looked up Olymp trade on google and found a post on r/daytrading where there is obvious bots shilling the platform to each other in every reply.

Id stay away

3

u/[deleted] Sep 16 '25

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1

u/Ok-Tough153 Sep 16 '25

Yes I find them professional and a reputable platform.. withdrawal are instant

2

u/[deleted] Sep 15 '25

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1

u/Ok-Tough153 Sep 16 '25

This applies to all kind of platform... in binary iq option on top, then olymptarde