[Resolved] Olymp Trade

[Resolved] Olymp Trade — Help needed

S Shashank Comar Jan 11, 2021

I'm totally new in trading, and I just recently stopped trading on demo and opened a real account (yay me!). As far as I know, Olymp Trade used to have account types, and you could open your preferred account type. But I didn't have a choice of account and now it says that I have "Starter status". I'm not entirely sure what that means, but I don't want to get into any trouble before I start my trading. Did I do something wrong or did I accidentally open a wrong Olymp Trade account?? Pls help Was this information helpful? No (0) Yes (0)
Jan 14, 2021 Complaint marked as Resolved Oh, this is all so exciting, thanks for the reply, I'll get to work.. Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Jan 11, 2021

Verified Support

Hello, Shashank Comar!

Thank you for reaching out. Do not worry, you did everything right. Olymp Trade statuses are a customer loyalty program, a status can not be set up during the registration process. All new accounts created on the Olymp Trade platform receive a basic status, which is called "Starter". A trader can reach a higher status via active trading and completing the tasks in a Trader's way or by depositing an account with a particular amount. Advanced and Expert statuses allow traders to get additional privileges. You can find more information regarding our Status system in the FAQ section of our website.

It is great that you have taken the time to trade on a demo account, we wish you lots of success in achieving your goals. Do not hesitate to contact us if you have any further questions.

Best regards, Olymp Trade team.