Angel Broking vs Olymp Trade

Angel Broking vs Olymp Trade Comparison Table 2024
Angel Broking	Olymp Trade
Review 2.8	Review 1.5

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 89 million traders. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform and attractive rewards for new traders. Olymp Trade also offers fixed time trades (FTT) over a diverse range of markets. The brand is licensed offshore by the VFSC.
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 remains a good choice for beginners looking for a user-friendly bespoke platform and mobile app, plus 24/7 customer support. The $10 minimum deposit makes it easy to get started, however, the range of additional day trading tools trails competitors."
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	Short-term strategies are catered to with scalping signals and chart timeframes from 5 seconds Diverse range of day trading markets including commodities, cryptos and composite indices Over 10 flexible payment methods available including bank cards and Bitcoin deposits Beginner-friendly blog section with analytics, trading education and market news Minimum deposit and withdrawals of only $10, ideal for newer traders Fixed time trades (FTT) on popular markets with payouts up to 93% 24/7 customer support via the broker's hotline, email or live chat Commission discounts up to 20% for experienced investors
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	Weak regulatory oversight and offshore registration means traders will receive limited safeguards compared to top alternatives Only one proprietary platform available, with no access to popular third-party software such as MT4 or cTrader Commissions charged on all assets - up to 15% on standard trades and up to 10% on FTT The best conditions are available only to those who can deposit at least $500 Very limited range of charting tools and indicators on the platform Research and education trails most alternatives Limited transparency on the website
Awards
	Best Mobile Trading Platform - World Finance Awards 2021 Best Investment Broker - The Forex Awards 2021 Best FX Trading Platform - Forex Expo 2020
Instruments
Forex, Stocks, Futures, Options	Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Trading Platforms
Own	Olymp Trade Platform
Payment Methods
Credit Card Debit Card Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard Neteller Perfect Money Skrill UnionPay Visa Wire Transfer
Minimum Trade
$0	$1
Regulator
SEBI	VFSC
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	Android & 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
Inactivity Fee
	$10
Islamic Account
No	Yes
Account Currencies
INR	USD
Stock Exchanges
Bombay Stock Exchange National Stock Exchange Of India	CAC 40 Index France DAX GER 40 Index FTSE UK Index Hang Seng Japan Exchange Group Nasdaq Russell 2000 S&P 500
Commodities
	Gold Natural Gas Oil Platinum Precious Metals Silver
CFD Trading
CFD trading not offered	You can speculate on a small range of CFDs covering popular asset classes such as forex, indices, commodities, cryptos and ETFs. Whilst prices trail the best brokers, the CFD trading platform is a compelling solution for beginners looking for simplicity, and you can get started with just $10.
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.	Olymp Trade offers the industry average of around 30 currency pairs. Spreads came in at 1.1 pips for EUR/USD during tests, which is not the most competitive compared to leading brands like AvaTrade (0.9 pips). That said, experienced traders can access multipliers up to x500 on major pairs.
GBPUSD Spread
N/A
EURUSD Spread
N/A	1.1
EURGBP Spread
N/A
Assets
4	30+
Currency Indices
	USD
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 AVX BNB BCH LNK DOGE GLM SOL XTZ XRP ADA DASH EOS KSM MAT DOT XLM UNI
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 (FTT) on a diverse but modest range of markets, from OTC currencies to composite indices. FTT commissions are charged between 5%-10% and you can trade with ultra-short time frames from 5 seconds. Payouts are available up to 93% for those who can afford the $2000 'Expert' status deposit.
Payout
	93%
Expiry Times
	5 seconds - 23 hours
Ladder Options
No	No
Boundary Options
No	No

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