Olymp Trade vs Alpari
Olymp Trade Review 2023 | Alpari Review 2023 |
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1.5
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3.8
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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. |
Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker's fix contracts also offer fixed costs with payouts known upfront. Trading takes place on the MetaTrader 4 and MetaTrader 5 platforms, plus the brand's mobile app. Alpari offers tight spreads on ECN accounts and commission-free spreads from 1.2 pips on standard accounts. |
Bonus Offer | |
30% up to $100 (terms apply) | |
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." | "Alpari will suit short-term binary options traders with a low $5 deposit and welcome bonus. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors." |
Pros | |
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Cons | |
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Instruments | |
Fixed Time Trades | Stocks, CFD, Forex, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $5 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
FinaCom | FSC, SEBI, JFSA |
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 | Yes |
Mobile Apps | |
iOS, Android and Windows | iOS, Android & Windows |
Auto Trading | |
Via Copy Trading choices | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals. | |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service. |
Leverage | |
1:400 | |
FTSE Spread | |
13 | |
GBPUSD Spread | |
0.7 var | |
Oil Spread | |
4 pts | |
Stocks Spread | |
Variable | |
Forex Trading | |
Forex trading not offered | Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available. |
GBPUSD Spread | |
0.7 | |
EURUSD Spread | |
0.4 | |
EURGBP Spread | |
0.6 | |
Assets | |
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. | Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends. |
Spread | |
Variable | 1 |
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 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% | 80% |
Expiry Times | |
5 seconds - 23 hours | 30 seconds - 4 hours |
Ladder Options | |
No | No |
Boundary Options | |
No | No |
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More Comparisons | |
Olymp Trade vs |
Alpari vs |