Olymp Trade vs 4xCube
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| Olymp Trade | 4xCube |
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4
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3.5
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 Traders from US not accepted
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Traders from US not accepted
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Olymptrade 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. |
4xCube is an online forex and CFD broker registered and licensed in the Cook Islands. Clients can trade on popular financial markets and choose between three accounts based on their capital and trading strategy. |
| Customer Reviews | |
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4
Based on 8 Olymp Trade customer reviews
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| Comment by Reviewer | |
| "OlympTrade is built for short-term traders with contracts from just 5 seconds and fast execution. It also stands out as one of the few binary brokers to offer trading on ETFs, plus composite indexes, while its customer support excelled during testing, especially on live chat, where we got responses of under 1 minute." | "4xCube is a great option for traders familiar with the MetaTrader suite and those interested in copy trading." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades | Forex, CFDs, metals, indices, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $10 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | 0.01 Lots |
| Regulator | |
| VFSC | FSC Cook Islands |
| Margin Trading | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | 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 | |
| No | No |
| Mobile Apps | |
| Android & Windows | Yes |
| Android App Rating | |
4.6 |
4.6 |
| iOS App Rating | |
3.9 |
4.8 |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| No | Yes |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| 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 | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| 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. | Trade CFDs on forex, indices, metals, oil and cryptocurrencies with high leverage up to 1:500 and competitive spreads, with the choice between zero commission or raw spreads. |
| Leverage | |
| 1:400 | |
| FTSE Spread | |
| 1.3 | |
| GBPUSD Spread | |
| 1.1 | |
| Oil Spread | |
| 0.08 | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| 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. | 4xCube offers 60+ currency pairs with competitive trading conditions. We like that all trading strategies are permitted including scalping and hedging. |
| GBPUSD Spread | |
| 1.1 | |
| EURUSD Spread | |
| 1.1 | 0.7 |
| EURGBP Spread | |
| 0.9 | |
| Assets | |
| 30+ | 50+ |
| Currency Indices | |
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| Cryptocurrency | |
| 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. | Trade five crypto CFDs with BTC, BCH, ETH, LTC and XRP paired with USD and leverage available up to 1:20. Digital currencies can be traded around the clock, including on weekends. |
| Spread | |
| Variable | From 4 pips |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| 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. | Binary options trading not offered |
| Payout | |
| 93% | |
| Expiry Times | |
| 5 seconds - 23 hours | |
| Ladder Options | |
| No | No |
| Boundary Options | |
| No | No |
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