How to Recover a Lost Password in Olymp Trade

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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 about passwords and how we can strengthen them to improve the security of our accounts.

The security of your trading account depends on the strength of your password. For this reason, you should always create a strong password.

What makes a password strong?

Well, a strong password is that password which is easy for you to remember, but hard for someone else to guess.

How to recover lost Olymp Trade password (step by step guide).

Remember the email address you used to open an Olymp Trade account?

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Well, that is all you need to recover your password.

Go to the account page and click on Log in and then click on Change password

Type in the email you used to open that account

And click Restore

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What happens next?

Check your email now.

Olymp Trade will send you an email with a special link. This is the link you will use to provide a new password.

If you cannot see the email, check the spam folder.

Open the email and follow the provided link. This is will take you to the Olymp Trade website where you will see a Change Your Password button.

Click on it and type your new password. Repeat the same password to confirm and finalize by clicking on the change password.

After this, the new password is valid. And you can use it to log in.

In case you want to change it again, use the profile section on the Olymp Trade platform.

How to choose a strong password

What makes a password strong?

A strong password should:

  • Have not less than 12 characters. In fact, the longer the better.
  • Mix symbols, capital letters, and lower-case letters.
  • Stay away from obvious words like your names, date of birth, phone number, or dictionary words.

For example:

BigCar&20”@!

A password like this checks out the above list.

But if that is the case, how then do you easily remember it?

Also Read: How to use Olymp Trade’s Reflection Strategy to Open Quality Positions

Here is how:

Think of a sentence you can easily remember, for example: ‘My first house was in Brooklyn 233 Street. Rent was $200 per month.’

And then take the first character from each word and turn it into your password.

MfhwiB233SRw$ 2 pm.

How does it look? Can anyone guess? I don’t think so. But you can easily remember because of the seed sentence.

On the same note, avoid re-using the same password on other sites. Imagine if it got leaked, all of your accounts will be at risk. Also, pay attention to the websites you visit. Avoid clicking on every link coming your way, they may be phishing sites that will sniff your passwords.

Final thoughts

If after changing the password and you still can’t access your Olymp Trade account, contact the Olymp Trade support right away. This is because you may be dealing with something more serious. And they are the only ones who can help you is such cases.

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