Angel Broking vs Olymp Trade

Angel Broking vs Olymp Trade Comparison Table 2024
Angel Broking Olymp Trade
2.8

Angel Broking is #35 in our broker rankings.

1.5
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Angel Broking has a 25+ year history of providing financial services to aspiring investors, and is the largest listed retail broker in India in terms of active clients, with 15+ million users. Clients can speculate on several asset classes including stocks, mutual funds, commodities and IPOs. The company is regulated by the Securities and Exchange Board of India (SEBI).

Olymp Trade was established in 2014 and now boasts over 25k active traders each day. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform, competitive spreads and attractive rewards for new traders. Olymp Trade also offers fixed time trades over a huge range of markets.

Comment by Reviewer
"Angel One is a full-service brokerage in India, suitable for traders looking for investment opportunities alongside portfolio management and savings plans." "Olymp Trade is a good option for beginners looking for access to popular financial markets, 24/7 support, and a user-friendly trading platform."
Pros
  • Proprietary mobile app available for free download to iOS and Android devices
  • Regulated by the SEBI with BSE, NSE and MCX membership
  • Demo account available to practise trading risk-free
  • Easy fund transfer service with 40+ Indian banks
  • Flat fee pricing model across segments
  • Free brokerage calculator tool
  • 2 in 1 account options
  • Leverage up to 1:40
  • GTT order feature
  • Over 10 flexible payment methods including bank cards and Bitcoin deposits
  • Diverse asset classes including commodities, cryptos and composite indices
  • Comprehensive blog section with analytics, trading education and market news
  • Minimum deposit and withdrawals of only $10, ideal for newer traders
  • 24/7 customer support via the broker's hotline, email or live chat
  • Fixed time trades on popular markets
Cons
  • Narrow range of instruments with only four forex pairs
  • Customer support available during trading hours only
  • Services aimed towards Indian traders
  • Higher than average NRI charges
  • Offshore broker with weak regulatory oversight
  • Only one proprietary platform available
  • Limited transparency
Instruments
Forex, Stocks, Futures, Options Fixed Time Trades
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$0 $1
Regulator
SEBI FinaCom
Margin Trading
Yes No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android and Windows
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • INR
  • USD
Stock Exchanges
Forex Trading
As Angel Broking is an Indian brokerage, it is limited by regulation and can only support forex trading against the INR with USD, GBP, EUR or JPY. There are relatively low fees of ₹20 per order or 0.25% for futures and options contracts. Forex trading not offered
GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
4
Cryptocurrency
Crypto trading not offered Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Olymp Trade offers fixed time trades on a huge range of markets. Established in 2014, the firm now sees more than 30 million monthly transactions with an average monthly payout of over $16 million.
Payout
90%
Expiry Times
5 seconds - 23 hours
Ladder Options
No No
Boundary Options
No No
More Comparisons
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