Libertex vs Olymp Trade

Libertex vs Olymp Trade Comparison Table 2023
Libertex Review 2023	Olymp Trade Review 2023
Review 3.6	Review 1.5
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available binary options brokers
Libertex is a well-known broker, established in 2012. The regulated brand has served numerous clients and is regulated by the Cyprus Securities and Exchange Commission with license number 164/12. Libertex offers CFD trading on 250+ underlying assets, including through an innovative and user-friendly proprietary web trader platform. Choose between CFDs on forex, cryptocurrencies, commodities, stocks, indices and ETFs, which are available with tight spreads and low commissions.	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.
77.77% of retail investor accounts lose money when trading CFDs with this provider.
Comment by Reviewer
"Libertex will appeal to both beginner and experienced traders thanks to its easy-to-use platform and low fees. The brand is also a good pick for share dealing with commission-free stock investing."	"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
Very competitive pricing with low commission fees User-friendly platform as well as support for MT4 and MT5 Helpful customer support available in multiple languages 250+ underlying assets as well as investment in real shares Accepts wide range of funding methods 40+ industry awards Tight spreads	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
List of tradeable underlying assets is small compared to rivals Lacks educational content and other features Limited account options No copy trading	Offshore broker with weak regulatory oversight Only one proprietary platform available Limited transparency
Awards
Best CFD Broker 2023 Best Trading Platform 2022 Best Crypto CFD Broker 2022 Best CFD Broker Europe 2022 Best FX Broker 2021 Most Trusted Broker Europe 2021 Best Trading Platform 2021
Instruments
CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs	Fixed Time Trades
Demo Account
Yes	Yes
Minimum Deposit
€100	$10
Trading Platforms
Libertex (and mobile app) MT4 MT5	Own
Payment Methods
Credit Card Debit Card Giropay iDeal Neteller PayPal Paysafecard Przelewy24 Rapid Transfer Skrill Sofort Trustly Visa Wire Transfer	AstroPay Bitcoin Payments Doku Wallet FasaPay Flutterwave M-Pesa Neteller Perfect Money Skrill WebMoney Wire Transfer Yandex Money
Minimum Trade
€20	$1
Regulator
CySEC	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
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android + Browser	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
Inactivity Fee
Yes - if the client is inactive for 180 calendar day. Applies to clients with a total account balance less than 5000 euros (4500 GBP, 5300 CHF, 22500 PLN respectively)
Islamic Account
No	Yes
Account Currencies
EUR GBP CHF PLN	USD
Stock Exchanges
Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Nasdaq Russell 2000 S&P 500
Commodities
Cocoa Coffee Copper Corn Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Libertex's list of CFDs covers a decent range of tradeable underlying assets, but there isn't much depth with only around 250 in total. Leverage up to 1:30 for retail clients is available in accordance with CySEC regulations, and traders can choose between three excellent trading platforms. Best of all are the tight spreads available on all markets and the zero commissions on investments in stocks.	CFD trading not offered
Leverage
Up to 1:30 (Retail)
FTSE Spread
Variable
GBPUSD Spread
Variable
Oil Spread
Variable
Stocks Spread
Variable
Forex Trading
Libertex offers CFD trading on 50+ forex pairs, offering long and short opportunities. Its strength comes in its tight spreads – we were offered 0.2 pips for EUR/USD.	Forex trading not offered
Forex App
Libertex offers an iOS and Android-compatible mobile app with advanced features and trading tools. Users can make deposits, execute positions and analyze the markets in a few swipes. Traders can also flick between live and demo mode with one tap.
GBPUSD Spread
From 0.2
EURUSD Spread
From 0.2
EURGBP Spread
From 0.2
Assets
50+
Currency Indices
USD
Cryptocurrency
With 70+ cryptocurrencies available to trade via CFDs with tight spreads, low commissions and overnight swap fees, Libertex is a great option for crypto CFD traders. The list of crypto CFDs includes the usual major players like Bitcoin and a good variety of lesser-known cryptos such as Tezos.	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	Variable
Coins
AAVE ADA ALGO APE APT ARB ATM AVA AXS BCH BNB BTC CAKE CHZ COMP DASH DOGE EGLD ENJ EOS ETC ETH FIL FLOW FTM GMT ICP IOT LNK LTC MANA MATIC MKR NEO NOMG ONT QTM ROSE RUNE SAND SHIB SNX SOL STRAT SUSHI THETA TRX TWT UMA UNI VET XEM XLM XMR XRP XTZ ZEC ZRX	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

Review	Review
77.77% of retail investor accounts lose money when trading CFDs with this provider.
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