[Resolved] Olymp Trade — Question about bonuses

[Resolved] Olymp Trade — Question about bonuses

Kirti Brahmbhatt Dec 21, 2020

In general, I am very pleased with the terms of cooperation with this company, because here I have understood what the real market is and what opportunities it gives in everyday life. But I can definitely say that the availability of demo and quality educational materials allows me to act thoughtfully and safely. But I don't understand why this broker gives out bonuses so thoughtlessly. It doesn't organize traders, but rather relaxes them under any circumstances. I think it would be much more correct if bonuses were given only to big market participants - what do you think about that? Was this information helpful? No (0) Yes (0)
Dec 23, 2020 Complaint marked as Resolved Yes, on the other hand it's an endorsement. And the bonuses do not interfere with the withdrawal of money. So it's probably not bad at all... Olymp Trade customer support has been notified about the posted complaint.
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Olymp Trade Customer Care

Dec 22, 2020

Verified Support

Hello, dear Kirti Brahmbhatt!

Thank you for reaching out. We are glad that you are pleased with the trading conditions of the Olymp Trade platform. It is wonderful that you have discovered the broad scale of possibilities that the market provides. We are also happy to know that the availability of a demo account and informative educational materials helps you to act elaborately and safely.

We strive to encourage our traders to grow and improve their trading skills, which is why we provide bonuses regardless of the level of involvement in the market. We believe that bonuses help our traders to achieve their goals faster and trade more effectively. Our Status System provides traders with an opportunity to upgrade the account level, which allows big market participants to achieve additional privileges. For example, Expert Status can get risk-free trades for Fixed Time Trades mode and up to 20% discount on the position opening fee in the Forex mode.

Best regards, Olymp Trade team.