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Fraud happened with me on Olymp Trade

Amit Sharma asked 3 years ago
Fraud details happened with me on Olymp Trade. I am a quickler trader and is trading in this asset since Jan 22. Initially I was observing the quickler graph. And I found that indicators like MACD and Stochastic Oscillator. This is along with Bolinger bands have certain signals fir opening a Down or Up trades.

More than 95% of non profitable trades closed

Upto March 22, i was having profitable trades. And after that it was found that whatever indicators am using suddenly starts failing. I thought it might be a volatile market situation and as Quicker is only a 5 second trade. It may happen that trades closes with a non profitable side. But as of now, i analyze my historical trades and found that more than 95% of non profitable trades closed in a certain particular similar way that it not possible in any classical asset event in Quickler.

Regular Quickler trader who is doing 98% of trades

In this Fraud happened with me on Olymp Trade, I have observed my historical trades and found that at the point of clicking either up trade or down trade, graph starts in opposite direction. If i click and open a up trade graph immediately change its direction in down side and vice versa. I can not understand how it is possible in more than 95% of unsuccessful trades. In my opinion there is some Artificial Intelligence or robotic system which may do like this. I am regular Quickler trader who is doing 98% of trades in Quickler.

Request you to analyze my Fraud happened with me on Olymp Trade issue

Now after analyzing my unsuccessful trades i have come to the point that something abnormal happens and i have lost a huge amount of money. Because initially I was doing great in Quickler asset upto March 22 and thereafter i am continuously loosing. I am not putting any trade blindly. There is a signal using indicators. But as soon as I click Quickler graph reveres it\'s direction immediately which we cannot understand. I want my trades amount back as there is some fraud happened in Quickler asset. Because the way i was making profit initially, there could be great loss to the Quickler asset company. So they have manipulated graphs or there might be some AI or robotic system who has done all this. Request you to analyze my Fraud happened with me on Olymp Trade issue and return my traded amount back.Fraud happened with me on Olymp Trade | Get the best advice and Consultation. Top Lawyers in Chennai, Law firms in IndiaFraud happened with me on Olymp Trade | Get the best advice and Consultation. Top Lawyers in Chennai, Law firms in India

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1 Answers
chennai legal firm Staff answered 6 months ago

Official response from the Broker:
Firstly, Olymp Trade uses only the official and reputable financial data providers, reflecting real market conditions, and all the information regarding the stock prices are taken from them. Thus, Olymp Trade does not use AI or robotic systems to manipulate trades.
Secondly, the chosen by the user trade method “Quicker” involves short-term trades and, thus, involves an element of risk, especially, on the assets with high volatility.
Unfortunately, the user did not provide any evidence that his trades were closed in the same way and we are unable to comment on that situation.
As we did not receive any complaint ticket from the user, we were unable to investigate that issue, and right now kindly ask to contact our support team to review the complaint.
Best regards,
Olymp Trade Team

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