Olymp Trade vs 4xCube

Olymp Trade vs 4xCube Comparison Table 2023
Olymp Trade Review 2023 4xCube Review 2023
1.5
3.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

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.

Comment by Reviewer
"Olymp Trade is a good option for beginners looking for access to popular financial markets, 24/7 support, and a user-friendly trading platform." "4xCube is a great option for traders familiar with the MetaTrader suite and those interested in copy trading."
Pros
  • 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
  • Industry-leading MetaTrader 4 and MetaTrader 5 platforms are available
  • Wide selection of payment methods including bank cards
  • Commission-free trading with spreads from 0.1 pips
  • Fast trade execution through liquidity providers
  • Good trading courses and guides for beginners
  • Welcome bonuses and trading promotions
  • Large trading community on Discord
  • Hokocloud copy trading tool
Cons
  • Offshore broker with weak regulatory oversight
  • Only one proprietary platform available
  • Limited transparency
  • The broker is not regulated by a trusted authority
  • High fees for some payment methods
  • US clients are not accepted
Instruments
Fixed Time Trades Forex, CFDs, metals, indices, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Trading Platforms
  • Own
  • MT4
  • MT5
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
FinaCom 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 No
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
iOS, Android and Windows Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
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
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • BRL
Commodities
CFD Trading
CFD trading not offered 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
Forex trading not offered 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
0.7
EURGBP Spread
0.9
Assets
50+
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
  • BTC
  • ETH
  • LTC
  • DASH
  • BTC
  • LTC
  • XRP
  • ETH
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 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. Binary options trading not offered
Payout
90%
Expiry Times
5 seconds - 23 hours
Ladder Options
No No
Boundary Options
No No
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