- Register on the platform
- Complete the interactive tutorial
- Choose one of the strategies
- Practice using a demo account
- Make a deposit and become an expert
Last updated on 3/18/2019 – Personally I use the KCB (Quick serve) VISA Card to make Olymp Trade deposits. If you have the card make sure it is enabled for SMS such that when you make a successful Olymp Trade deposit you receive this message on your phone.
USD 10 transaction made on KCB Card (number) at LIMASSOL on (date) (time) available balance KES (Bal) Enquirers Call – +254711087000 (KCB Bank Contact).
Other than getting some of your forecasts wrong while trading FTTs; what other frustrating encounters have you had to deal with online? Is it the disappointing Visa Deposit error on debit cards? Or the funds withdrawal that takes up to 3 working days?
Which is it?
Shout it loud!
And someone please tell me that deposit errors aren’t just common to African countries!
- Register on the platform
- Complete the interactive tutorial
- Choose one of the strategies
- Practice using a demo account
- Make a deposit and become an expert
So common that first time depositors (sometimes) give up on great online opportunities which would otherwise change their lives. Big time.
To help you make your first successful deposit in Olymp Trade we will use this post to discuss all deposit errors, and provide proven fixes for each. Read on…
Possible Reasons Why Your Olymp Trade Visa Deposit Failed.
1. Payment Declined By Your Banks.
The number one reason why most VISA debit, credit, and VISA electron cards are declined is because your bank doesn’t trust the destination of funds.
So they send a “Do Not Honor” response to Transferwise for the transaction to be blocked.
This however should not restrict you from making your deposits. If indeed you initiated the transaction then call the bank and instruct them to allow this transaction.
- Register on the platform
- Complete the interactive tutorial
- Choose one of the strategies
- Practice using a demo account
- Make a deposit and become an expert
Henceforth, your bank will process all transactions to Olymp Trade.
An alternative is to fund your Skrill Account using Visa, then fund your Olymp Trade using Skrill. It’s the easiest option.
2. Insufficient Funds.
Sometimes VISA deposits on Olymp Trade fail because your card has insufficient balance or because you payment surpasses the per transaction limit on the card.
You can fix this by either funding your card or talking to your bank to increase your per transaction limit (if you are depositing a huge amount).
3. You Entered an Incorrect CVV2 on Payment.
If you are sure that your card has enough funds for the transaction you are performing; then chances are, you entered the wrong three digit security code (CVV2) on the deposit details.
These are the three digits at the back of your card. No transaction goes through if the numbers do not match.
The only fix to this error is to confirm your CVV2 digits and reenter to allow the deposit.
- Register on the platform
- Complete the interactive tutorial
- Choose one of the strategies
- Practice using a demo account
- Make a deposit and become an expert
4. Error Occurred Because Olymp Trade Was Maintaining The Deposit Option.
Other times Olymp Trade Visa deposit error(s) do not occur because VISA has issues. Rather, they occur because there’s a system maintenance going on in Olymp Trade.
During such times, the platform will advise that deposits be made using alternative deposit methods. You can try using Skrill. Or Neteller. They all work well.
Conclusion .
The bottom line is, your bank is protecting you from any form of fraud that may hit your account online. And the only way they know how — is to block any funds transfer that seem unusual.
For example if you have never used your card to transact online then a first time is sometimes considered an unusual activity — which warrants a visa deposit error.
And, much as it may be you performing the transaction remotely, the bank will still need your go ahead to process the deposit.
Visit your nearest branch to let them know that it is you trying to deposit to Olymp Trade. Or just pick a different deposit option all together. Maybe Skrill or Neteller. They all work great.
Important Update.
In order to make a deposit from Visa cards the following conditions must be satisfied:
1 – The card must be VISA or MasterCard.
2 – Your name must be written on the card.
3 – 3D secure system of your card must be enabled (The SMS code,which is sent by your bank to confirm the online purchase). Visit your bank to enable this.
Useful Links
*Risk warning:
Related Posts
Joon Online February Contest For Olymp Trade | $1500 Worth of Prizes for Grabs
For two years Joon Online has been at the forefront of educating new traders about Fixed time trades (FTT) and Forex. This year marks the beginning of our third year as your go-to blog for ....
Olymp Trade Promo Code – 30%, 40%, 50% Bonus for April 2021
Olymp trade bonuses are virtual funds that can be used for trading in live accounts to earn real cash. Bonuses in Olymp Trade can’t be withdrawn, but you can withdraw profits made from trading with them. ....
Good News to Kenyan Traders | Olymp Trade Now Accepts Direct Mpesa Deposits
Yes, you read that title right, Olymp Trade now accepts direct Mpesa deposits. Do you know what that means to you – the East African Trader? Specifically Kenyan traders? You can now load your Olymp ....
How to Register a New Account in Olymp Trade | Live, Demo and MT4
Do you want to register for Olymp Trade Online Trading and don’t know how to start? Here’s a simple guide to help you get started on either the web platform, mobile app, or on Olymp ....
How to Use Neteller to Fund Olymp Trade in Nigeria.
Are you a Nigerian Trader? Do you wish to fund your Olymp Trade trading account using Neteller from Nigeria? Then here is a post for you. If you already have a Neteller account, fund it ....
How to Use Naira Bank Cards to Deposit Money to Olymp Trade.
Are you an Olymp Trade Nigerian Trader with money in the bank and wish to deposit directly to your trading account? All you need is a Bankcard and you can use it to deposit money ....
29 Technical Analysis Tools to Use to Make Money in Olymp Trade.
Technical analysis is the use of various chart analysis tools for more accurate predictions when trading Forex and Fixed Time. Olymp Trade is one such broker that provides you richly with so many technical analysis ....
11 Best Currency Pairs to Trade in Olymp Trade.
Olymp Trade is a Forex and Fixed Time Trading broker which offers traders so many assets to trade, among them currency pairs. But, do all currency pairs really perform the same? There must be some ....
What is the Quickest Way to Make Money Trading?
Do you intend to venture into online trading? Then chances are, after some time you will also be looking for some quick ways to make money trading. If you are already trading, you might as ....
How to Use WebMoney to Fund Olymp Trade Account.
What is WebMoney? WebMoney is an online electronic mode of payment recognized worldwide. Most firms and brokers support WebMoney deposits and Olymp Trade. is no exception. It is quite simple to acquire and fund a ....
How to Use Visa to Fund Your Olymp Trade Account in Indonesia.
What is a Visa Card? A Visa Card is a payment card that is issued by banks and is branded Visa because it uses the visa network for electronic payments. You can use this card ....
How to use Tether to Fund Olymp Trade Account in Indonesia.
Are you an Indonesian Trader? Do you have a Tether Wallet? Here is some good news for you, Olymp Trade Indonesia now supports Tether Payment Method for deposits. Just how can one deposit on Olymp ....
How to Contact the Olymp Trade Support Team from Indonesia.
In this post, I’ll show you how you can contact the Olymp Trade Support Team from where you are. Be it Indonesia, India, Malaysia, Taiwan, Vietnam… name it. The hotlines are almost the same. How ....
How to Recover Lost Password for Olymp Trade in Indonesia.
Are you an Olymp Trader in Indonesia and just forgot the login password you set during registration? You have no reason to worry because Olymp Trade Indonesia provides you a way to recover your password. ....
7 Reasons Why You Should Trade With the Olymp Trade VIP Account in Indonesia.
What is the Olymp Trade VIP Account? An Olymp Trade VIP Account is the special account type on the Olymp Trade Platform that you get after depositing $2,000 or more. Opening an Olymp Trade VIP ....
Olymp Trade Indonesia – Introduction to the Indonesian Trading Interface.
What is Olymp Trade? Olymp Trade is a Fixed Time and Forex Trading Broker that is available in almost all the countries in the world, including Indonesia and hundreds other countries in Asia. Did you ....
7 Reasons Why You Should Use Risk to Reward Ratios to Take Profits in Olymp Trade.
What is Risk to Reward Ratios? The risk to Reward Ratios are ratios of the anticipated risk of loss if a trade is lost to the anticipated reward of profits if a trade is won, ....
How to Take Profits in Olymp Trade when Trading.
What is to Take Profit? To take Profit means that you are exiting a trade after you have had the amount of profit you targeted to achieve from that specific trade. It means that you ....
Robot Trading vs Human Trading | Who’s the best Trader?
Almost all operations around the globe have been automated to this far, and forex trading is no exception. Robots have found wide application in trading, rendering human trading almost obsolete. That, however, does not mean ....
To Gamble or to Trade? Drawing the Subtle Line Between Investing and Gambling.
Are you really trading or gambling? This is a very critical question to ask yourself, especially if you find yourself trading without a definite trading strategy and plan. While trading involves a systematic and well-thought-out ....
10 Best Broker Platforms for Forex and FTT Trading in India
In the recent past, Forex and Fixed Time trading have gained a lot of popularity across the world. India has particularly shown persistence and consistency in the growth of fixed time trading. Due to that ....
How to Use the Olymp Trade Multiplier Tool to Increase Your Profits by 500%
What is a multiplier? A multiplier is a special tool in Olymp Trade, used to multiply returns by up to x500. How does the Olymp Trade Multiplier Work? To understand how the multiplier works and ....
How to Deposit to Olymp Trade With Perfect Money
What is Perfect Money? Perfect Money is a leading financial service allowing users to make instant payments and to make money transfers securely throughout the Internet opening unique opportunities to Internet users and owners of ....
Between Scalping and Day Trading Strategy, which is Best?
If you have been trading forex for some time now, you must have come across these two terms – Scalping and Day Trading. But what do they stand for? Scalping and Day Trading are both ....
How to Invest in Indices with the Olymp Trade Mobile App.
What are Indices? Indices are a measure of the performance of a group of shares in a given economy. They measure a stock market or part of the stock market (a particular sector of the ....
How to Invest in Metals with the Olymp Trade Mobile App
What are Metals? Metals are assets that are mined from the earth. They have for a long time been used as mediums of exchange and therefore meet the threshold of being listed as trading instruments ....
How to Invest in Exchange Traded Funds (ETFs) with the Olymp Trade App.
What are Exchange Traded Funds (ETFs)? An Exchange Traded Fund (ETF) is a collection of indices, commodities, bonds, or securities. ETFs usually track an underlying Index or other multiple underlying assets. Just like stocks and ....
How to Invest in Cryptocurrencies with the Olymp Trade Mobile App.
What are Cryptocurrencies? Cryptocurrencies are virtual and digital coins that can be bought from Bitcoin platforms and be used in exchange for goods and services. They are globally recognized for transactions. At least you have ....
How to Invest in Stocks with the Olymp Trade Mobile App.
What are Stocks? A stock is a fraction of ownership of a company. Companies can issue stocks in a bid to share in their success, or even source capital for funding their projects. In essence, ....
7 Reasons Why Most New Forex Traders Fail.
Read that title again, did we just say that most New Forex traders fail to become profitable traders? Well, yes, that’s sadly true. Most new forex traders fail and even blow their first trading accounts. ....
7 Reasons Why Olymp Trade Block Accounts And How to Unblock
If there is one issue daunting Olymp Trade users, it is getting your account blocked. This happens a lot and it is the hardest thing anyone can endure. Just imagine your Olymp Trade account blocked ....
How to Recover a Lost Password in Olymp Trade
Looking for the easiest and quickest way to recover your password in Olymp Trade? Well, you are in luck because in this post we will discuss just that. But before we proceed, let’s first learn ....
How to Stop Loss and Take Profit on the Olymp Trade Forex Platform
If there is one great determinant of how much money a trader will make on Olymp Trade then it is knowing when to take profit and when to exit the market. Well, some traders may ....
How to Open an Automatic Trade with Trade Orders at Olymp Trade
There are two different methods of trading in Olymp Trade? The first one is rather an obvious technique. It requires that you choose the asset you want to trade, your preferred trade time (1 minute ....
How to Contact the Olymp Trade Support Team on Live Chat
You will agree with me on this. It is common for traders to want help while trading. The needed help could be about understanding the trading platform; it could be about solving deposit or withdrawal-related ....
How to Place Your First Fixed Time Trade on Olymp Trade (for beginners)
Congratulations on deciding to trade online with Olymp Trade. I know how fulfilling taking this bold step feels like. But if you’ve never had a trading account then chances are, you are confused and thinking; ....
5 Easy Ways to Register an Account on Olymp Trade
If you are looking for a way to begin making money online using Olymp Trade then this article is for you. In this post, I will guide you on how to register a new account ....
Olymp Trade Vs IQ Option | Which Broker is Best?
Do you want to start trading options online? Have you created an account with any broker yet? If you haven’t, chances are it’s because you have read lots of online reviews and are now confused ....
How to Replenish Your Demo Account Balance on Olymp Trade
Can I tell you the secret to mastering fixed-time trades on Olymp Trade? Practice my friend! Practice, practice, practice. Are you surprised? You shouldn’t be. You see, every time I put out a trading strategy ....
How to Verify Your Olymp Trade Account (a step by step guide)
Looking for a surefire way to trade in Olymp Trade without interruptions? Why not verify your trading account in advance? Contrary to what most traders believe, Olymp Trade account verification is easy. And can be ....
How to Install the Olymp Trade PC App on Desktop or Laptop
In this article, I will walk you through the process of downloading the Olymp Trade PC app and the process of installing it on your machine. Interestingly, the Olymp Trade PC app works exactly the ....
How to Install and Begin Trading with Olymp Trade Android/iOS App
Looking for the most convenient way to make money on your phone? In this article, I will show you how to install the Olymp Trade app both for Android and iOS. I will also show ....
How to Recognize a Trend in Olymp Trade
If you are a trader in Olymp Trade then you will attest to this truth; catching a trend is the best thing that has happened to the world since sliced bread. With a steady trend ....
How to Make Money Trading on the Olymp Trade Platform
You’ve probably heard about forex trading on social media, blogs, search engines, or even from your friends; and may be asked this question too, “Can I really make money trading forex?” Well, the answer to ....
6 Bearish Candlestick Patterns That Show Continuing Downtrend in Olymp Trade
What is Quick Turn? “Quick turn” is a counter-trend strategy for trading. It works best on time frames of 5 and 10 minutes. When using the quick turn strategy to trade, your trade time should ....
6 Bullish Candlestick Patterns to Look Out for While Trading
Previously on our candlestick lessons, we listed some patterns which may be formed by individual candlesticks on daily charts. We put names on these candlestick patterns beginning with: – Hammer candlesticks. Then shooting-star Candlesticks. Bullish ....
List of Olymp Trade Assets and What Each Pair Stands For
Currency pairs. AUD/CAD. The Australian Dollar against the Canadian Dollar. AUD/CHF. The Australian Dollar against the Swiss Franc. AUD/JPY. The Australian Dollar against the Japanese Yen. AUD/NZD. The Australian Dollar against the New Zealand Dollar. ....
Parabolic SAR | The Easiest Way to Pick Trading Direction in Olymp Trade
Unlike the other trend indicators in this eBook (Download Free eBook Here) – showing when a trend begins, the parabolic SAR shows when a trend ends. So, how does it work? The parabolic SAR works ....
How to Pick Entry Points in Olymp Trade With Bollinger Bands
Yesterday we reviewed Fibonacci retracement levels as a good indicator for technical analysis in fixed-time trades. Today we yet to review another tool that can help you make money in Olymp trade – Bollinger bands. ....
10 Best Indicators For Day Trading in Olymp Trade
Are you struggling to make profits in Olymp Trade? Have you considered using trading indicators to pick trading directions and to possibly increase your chances of winning? Well, if you haven’t then try making trend ....
How to Use Olymp Trade SMA Trend Indicators to Win More
Do you have an Olymp Trade account already? And how much money have you earned on it since starting to trade with the real account? Have you earned – USD – 1,000; Ksh. 502,000; JPY – 900; ....
Olymp Bot | How to Trade With Robots Designed for Olymp Trade
Do you want to win more in Olymp Trade? To place more trade and make more profits? Of course, you do. And what better way is there to have more wins than to use Trading Strategies? ....
How Does Forex Work? Learn The Ropes in 4 Minutes
Are you making money trading Forex? You do? Oh, Tell us about it. Apparently, not everyone who say they know how Forex works have the slightest idea about Foreign Exchange, Forex – FX. Some of ....
Olymp Trade Discounts | Get up to 20 Sets of Risk Free Trades for Less
Imagine trading on a live account with Olymp Trade, losing; trading again and losing. Only – each time you lose, the amount you used to trade is returned to you. Well, such trades are called ....
Fibonacci Retracement | How to Enhance Your Forecasts in Olymp Trade
In finance, Fibonacci retracement is a method of technical analysis for determining support and resistance levels.[1] They are named after their use of the Fibonacci sequence.[1] Fibonacci retracement is based on the idea that markets ....
Options Trading eBook | How to Pay Using Paypal, Visa and Mastercard
There are many different ways to buy my trading eBook – the One one One Guide of Options Trading. You can buy through Mpesa – Mpesa number 0708655398. Skrill to an email address – omollokenneth@yahoo.com. ....
How to use the RSI to Find Entry Points in Olymp Trade
RSI, also known as relative strength indicator is a technical analysis tool in Olymp Trade. It falls under oscillators. Unlike moving averages which simplify price data to show trends; RSI’ strength is in showing trade ....
Special Offer | Get The One on One Guide of Options Trading for $5 Now
Hello guys, My eBook, The One on One guide of Options Trading is ready. Updated on 1/06/2019 – Click here to download for free It is an interesting piece with all answers that you have ....
Using Exponential Moving Average (EMA) to Pick Trends in Olymp Trade
Exponential Moving Average, also EMA is a trend analysis tool that works with the same principles as SMA. Calculations for both Exponential Moving Average and the Simple Moving Average use the same formulas. However, there ....
How to Trade Like a Boss & Win Most of Your Orders
“Confidence is not “I will profit on this trade.” Confidence is “I will be fine if I don’t profit from this trade.” ― Yvan Byeajee. When I started promoting my eBook for online pre-order purchase, I ....
Join ForexSignals Now to Get Free Access & Witness $1,500 Giveaway!
Hello there, Did you read my post on the NFP report release and how you can earn good money by following the event? Well, the nonfarm payroll report is to be released in 1 hour. ....
Get Free Access to My Forex Signals Source… Earn With NIL Investment
Previously on how Forex works, we mentioned Forex fundamental analysis as one of the easy ways to capture market trends. We then defined Fundamental analysis as a way of looking at the Forex market by ....
A Follow up Review on How Forex Works | Learn The Ropes in 4 Minutes
Previously on how Forex works we talked about the basics of Forex Trading and highlighted legit brokers worth joining as a newbie Forex Trader. In a simple trading language we explained how Forex happens, on ....
Help2Pay | How to Use Internet Banking to Fund Olymp Trade in Asia
How do you find day trading in Olymp Trade? Is it easy? Is it fun? Or excessively profitable than you expected? And. Remind me again, Which payment option do you use to fund your account? ....
Fixes For Olymp Trade Visa Deposit Error(s)
Last updated on 3/18/2019 – Personally I use the KCB (Quick serve) VISA Card to make Olymp Trade deposits. If you have the card make sure it is enabled for SMS such that when you ....
Let’s Draw a Subtle Line Between Scalping & Day Trading
How long have you been trading? And which type of trader would you call yourself? Are you a scalper in Kenya? Does day trading describe you better? Are you a swing trader in the Pacific? ....
How to Change Your Preferred Language In Olymp Trade
Hello, Where are you making money with Olymp Trade from? Indonesia, India, Malaysia, Spain, Turkey, Vietnam, Portugal, Japan or Kenya? Have you ever wanted to execute your Olymp Trade forecasts in a Language that you ....
Olymp Trade Nigeria | How to Get Started
What’s the simplest way to make money online in Nigeria? Is it through publishing & selling books online; Is it by selling designs & creatives online or is it by selling products on e-commerce websites? ....
A Cheat Sheet to Winning Consistently in Olymp Trade
There is a lot of money flowing free in Olymp Trade, Expert Option & Binomo. So much money that you wouldn’t expect anyone to be saying — they don’t have a job & money. But how comes Kenyan & Nigerian traders ....
Forex Trading: How to Get Started With Olymp Trade Forex
How long have you been trading Forex? Uh? Never tried? Do you want to try trading today? Do you want to learn how to make money with the Olymp Trade Forex? Great! In this guide, I’ll teach ....
How to Get Started With the Olymp Trade Trading Platform
Last year I shared my Olymp Trade success story for the first time on the internet. I Earned Ksh. 502,000 in Under 2 Hours With Olymp Trade. Interestingly, I didn’t have so much experience in Trading Options. ....
How Much Money Did Olymp Traders Earn in December 2018?
How much did traders in the Olymp Trade Platform make in December 2018? Ksh. 965,597,730.24! Isn’t that too much money you ask? No! Any Real Forex or FTT Trader will tell you that $9, 449, 968 ....
Olymp Trade Review 2020 – Best Online Trading Platform
Are you looking for a quick way to make money online? Have you considered trading fixed time trades? Well, FTTs is an alternative way to earn instant cash online. In this guide – The Olymp ....
Make Olymp Trade Deposits | M-PESA PrePay VISA Safari Card
Last updated on 28/02/2020 – Olymp Trade has now integrated with Mpesa. You can deposit directly by following the steps outlined below. How to deposit to olymp trade via mpesa. Login to your Olymp Trade account ....
- Register on the platform
- Complete the interactive tutorial
- Choose one of the strategies
- Practice using a demo account
- Make a deposit and become an expert
1. 65088443 (from the United Arab Emirates) you are the winner of our brand new PS5
2. 71239571 (from Mexico) - you are the first runners up and you win $500
3. 42372579 (from India) - you win $100
4. 70050992 (from Benin) - you win $100
5. 66245309 (from the United Arab Emirates) - you win $100
6. 65522959 (from India) - you win $100
7. 71249170 (from Colombia) - you win $100
contact us via email - info@joon.co.ke to collect your prizes
Don't have an Olymp Trade Account? Register Here.
Tagged With : Olymp Trade Africa • Olymp Trade Brazil • Olymp Trade in Kenya • olymp trade kenya • Olymp Trade Malaysia • Olymp Trade Nigeria • Olymp Trade Pakistan • Olymp Trade South Africa • Olymp Trade Visa deposit error
My Barclays Bank debit card is not working working
Use your CBA loop MasterCard instead. It is issues instantly at any CBA loop branches
Hi Ken!thanks for your insight.had registered at olymp trade ,but with the demo account.i now want to register for actual trading ,but it seems impossible when ienter my e-mail &phone number i’m told an existing user of the same.Any way to activate using the same info, which i’d like to retain? E-mail Slsmuchugia82@gmail.com
Reset your password by clicking on the change password button below the login button
HAD to reset and create a new e-mail.it worked.a small hitch to begin trading .asante for your insight.
Hi Ken . I am unable to deposit to olymp from my debit MasterCard . The SMS code is enabled and I have enough funds in my account . So what could the problem be ? Kindly guide me . Is it be because my card has not yet been activated for international transaction ? Please help .