How To Delete Olymp Trade Account? Step By Step Guide 2023

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Olymp Trade is a popular online trading platform that allows traders to invest in various assets, including forex, stocks, commodities, and cryptocurrencies. However, if you’re no longer interested in using the platform, you may want to delete your Olymp Trade account. In this article, we’ll guide you through the steps to delete your Olymp Trade account and explain what you should consider before doing so.

How To Delete Olymp Trade Account

Follow This Step By Step Guide To Delete Your Olymp Trade Account

Step 1: Withdraw Your Funds

Before deleting your Olymp Trade account, you must withdraw any remaining funds in your account. To do so, log in to your Olymp Trade account and go to the “Withdrawal” section. Select the payment method you prefer and enter the withdrawal amount. Olymp Trade processes withdrawals within 24 hours, but it may take longer depending on the payment method you choose.

Step 2: Cancel Any Active Trades

If you have any active trades, you must close them before deleting your Olymp Trade account. To close a trade, go to the “Trades” section and select the trade you want to close. Click on the “Close” button and confirm your decision. Once you’ve closed all your active trades, you can proceed to the next step.

Step 3: Contact Olymp Trade Support

To delete your Olymp Trade account, you must contact their customer support team. You can do so by sending an email to support@olymptrade.com or by using the live chat feature on their website. In your message, explain that you want to delete your account and provide your account details, such as your email address and phone number. Olymp Trade support will guide you through the process and may ask for additional information to verify your identity.

Step 4: Wait for Confirmation

After you’ve contacted Olymp Trade support, you’ll need to wait for their confirmation. They may ask you to provide additional information or ask you to confirm your decision to delete your account. Once they’ve confirmed that your account will be deleted, they’ll provide you with a timeframe for when the deletion will take place.

Step 5: Verify That Your Account Has Been Deleted

After the specified timeframe, log in to your Olymp Trade account to verify that it has been deleted. If you can no longer access your account, it means that your account has been successfully deleted.

Things to Consider Before Deleting Your Olymp Trade Account

Before deleting your Olymp Trade account, there are a few things you should consider:

1. Your Trading History

Deleting your Olymp Trade account will also delete your trading history. If you want to keep a record of your trades, you should download them before deleting your account.

2. Your Personal Information

Olymp Trade may retain some of your personal information, such as your name and email address, even after you delete your account. If you’re concerned about your privacy, you should contact Olymp Trade support to request that they delete all your personal information.

3. Your Trading Strategy

If you’ve developed a successful trading strategy on Olymp Trade, you may want to reconsider deleting your account. Instead, you can stop using the platform for a while and come back later to resume trading.

What Is Olymp Trade?

Traders can invest in a variety of financial assets, including FX, equities, indices, cryptocurrencies, and commodities, through the online trading platform Olymp Trade. The platform is situated in Seychelles and was established in 2014. The Financial Commission oversees Olymp Trade, ensuring that the platform runs in a fair and open manner.

Both inexperienced and seasoned traders can use Olymp Trade’s user-friendly interface. A variety of trading tools are available on the platform, including price charts, risk management tools, and technical analysis indicators. To aid traders in honing their skills and knowledge, Olymp Trade also offers educational tools like webinars, tutorials, and market research.

Why Delete Olymp Trade Account?

There may be several reasons why someone would want to delete their Olymp Trade account. Some of these reasons include:

1. No longer interested in trading: If you are no longer interested in trading or have found another trading platform that suits your needs better, you may want to delete your Olymp Trade account.
2. Concerns about account security: If you have concerns about the security of your account or suspect that it may have been compromised, you may want to delete your Olymp Trade account.
3. Financial reasons: If you are facing financial difficulties or need to close your trading account for personal reasons, you may want to delete your Olymp Trade account.
4. Privacy concerns: If you are concerned about the collection and use of your personal information by Olymp Trade or other third-party services, you may want to delete your account to protect your privacy.
5. Inactivity: If you have not used your Olymp Trade account for an extended period of time and do not plan to use it in the future, you may want to delete your account to avoid inactivity fees or other charges.

Ultimately, the decision to delete your Olymp Trade account is a personal one and should be based on your individual circumstances and needs.

Conclusion

Deleting your Olymp Trade account is a straightforward process that requires you to withdraw your funds, close your active trades, contact Olymp Trade support, and wait for their confirmation. Before deleting your account, make sure to consider your trading history, personal information, and trading strategy. If you decide to delete your account, remember that you can always create a new account in the future if you change your mind.

How To Delete Olymp Trade Account FAQ