Olympbot.com Review Is Olymp Bot Scam or Legit

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Olymp Trade Robot

Olymp Trade robot OlympBot
version 6.1

Olymp Trade Robot OlympBot
Android version

The robot is distributed free of charge. You can download it from the link below and test it on the Demo account.

About OLYMPBOT

The robot is the unique tool for automating trade on the Olymp Trade platform.

Martingale Strategy

Signals Trading

Support 24/7

Select OlympBot
for your device

Installation Instructions and activation of the robot

To trade on the Live account, you need to activate the robot, which consists of 2 steps.
To test the robot on the Demo Account, activation is not required.

  • Computer version
  • Android version

OlympBot for the computer works as a browser extension. This allows you to completely simulate the actions of a real user.

List of supported browsers:
1) Google Chrome
2) Opera
3) Yandex.Browser
4) FireFox
5) Microsoft Edge
6) CocCoc

The robot for Olymp Trade is downloadable for free only if you use the robot to trade on the Live account, you need to go through the activation procedure, which consists of 2 steps.

Step # 1 – Register with Olymp Trade through the OlympBot system.
Step # 2 – Make a deposit of 100$/€.

Olymp Trade Robot for Android

The OlympBot version for Android has full functionality. This means that you can launch the trading robot anywhere from your Android smartphone.

The application is installed directly from Google Play. Just install it by following the link below.

User Reviews

FAQ: Frequently Asked Questions

You can try the robot on any profile, but only on the demo account.
In order for the robot to trade on the Live account and receive signals for it, you need to go through the activation procedure of the robot.

The activation procedure consists of 2 steps:
1. Register an account with Olymp Trade through our website.
2. Make a deposit of 100 ($ / €).
The deposit amount is due to the fact that it is necessary to have a margin to close the deal in case it turned out to be wrong.

Olympbot.com Review: Is Olymp Bot Scam or Legit?

Olympbot Review: Olympbot software is allegedly the best trading option for the digital option Olymp trade. This software was allegedly developed by experienced traders. The OlympBot is a Binary Options trading software that promises users to be the latest and greatest. This robot was created by a team called Binary Bots Development, located in St.Petersburg, Russia. They can be reached via mail [email protected].

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What Is Olymp Bot

Olymp Bot is a software that was specifically built in order to work with a brokerage called Olymp Trade. Olymp Trade is a very popular brokerage as many traders are well conversant with them. The bot opens and executes trades on your behalf with an alleged win rate of 72%.

Olymp Bot Details

  • Type: Binary Options Robot
  • Price: Free
  • Developer: Binary Bots Development
  • Support: [email protected]

Olymp Bot Features

  • Compatibility- The robot is compatible with Chromium-based browsers (Google Chrome, Opera) and FireFox browser.
  • User Friendly
  • Mobile Version

Olymp Bot Review: Disturbing Things Discovered About OlympBot

Though there are positive reviews about this software, one or two things don’t settle well with us, and therefore we have tagged them ‘Redflags’. The First and formost is the contradictory statement on the platform, they claim the software is for free but the truth is that when you actually sign up, you will discover that the robot is locked until you have deposited a certain amount of money into your Olymp Trade broker’s account. This deposit has to go through their affiliate link because that is how they get compensated. Another reason why you shouldn’t trust this Bot is that though they claim to have over 400 active users, there is no proof of trading performance. They are only giving us statistics which cannot be verified.

CONCLUSION

We are not sure of this binary options bot. They have not given us enough reasons to trust them. We advise you to stay away till they rectify the issues we pointed out.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Is OlympBot a Scam?

OlympBot is one of the latest released trading platforms featured on the online investment scene. Given that, people have been asking the question whether it can be trusted or not?

Our information so far is insufficient to confirm the reliability of the trading platform. There is high chance that the system is not authentic and our team urges you to consider different alternatives. You can Proceed to Safety OR Choose on the Is-Scam’s proven-to-work and recommended investment applications:

OlympBot Overview

Olymp Bot is a product for online investments in stocks and for lifestyle enhancement for traders, that has been developed and introduced by a broker named Olymp Trade. It has been established in 2020 and it is a Russian provider that has a unclear ownership and background.

It has been only recently, that the platform has started to accept international investors. So far, it has been tailor-made to cater to the needs of Russian traders only. That is why it is unclear if the services provided to global traders will answer international requirements.

To see if the robot can answer your needs, read the review through to the end. Our team did not find anything of merit and is of the strong opinion that there are definitely better investment systems you can sign up for in order to trade online.

Background Details of Olymp Trade Bot

The team that created the broker platform has made sure that it fully assist the trading processes carried out by the trader. Our investigation has led us to the claim that the program can utilize complex investment strategies that can enhance the outcome of your trades. But the providers fail to provide a clear explanation how this trading platform works and what are these strategies.

This is one of the signs you should be careful about. If the information provided is insufficient this is probably a scam platform that does not have anything authentic to share or offer. You should consider a different lifestyle improving app.

When it comes to online investments in stocks and shares, there are some established leaders in the field of technologies. Our current top recommendation for you would be the QProfit System for online trading, instead of this robot.

Is Olymp Bot a Scam?

Given the current state of the robot, the situation does not allow us to claim with 100% certainty that the Olymp Trade Robot platform is a scam. From our initial investigation, it becomes clear that there are still many things to be desired about the software.

First among our reasons to treat it with suspicion is the scarce information available. Both on who are the creators of the platform and its operational processes. If we cannot confirm how a given robot works and if its background is authentic, we usually discover that the assistance feature works on a random principle and is not suitable for your stock investments.

Another thing that made us doubt the integrity of the trading system, are the two types of platforms you can download. The free version of the software that is heavily promoted is actually a demo platform. Meaning, you are not going to use real funds to trade and the results you get are also not going to be real.

To acquire the real-live trading account, you need to make a cash deposit of $40. It is unclear if this is just a minimum requirement for a starting investment or a payment that is gathered by the broker in order to allow you on the trading platform.

When we combined all of these factors, we reached the conclusion that the OlympBot is a potential scam that should be avoided. We were unable to find stock investors who share a positive experience with the software or the services provided by the parent broker. That is why we advise you to proceed with caution.

Final Thoughts on the Bot

The Olymp Bot is a scam shady trading investment system developed by Olymp Trade – a broker that is the only counterpart you will be integrated with upon signing up. This is an additional cause for concern, apart from the fact that the software itself has not been proven to work.

The best investment platforms give you access to a wider selection of brokers so that your experience is safe and smooth. This is not the case here. We are not impressed with what the OlympBot has to offer and doubt the authenticity of many things promoted by its owners. Proceed to a better alternative instead.

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