Your capital is at risk. Trade only with funds you can afford to lose.
Olymp Trade
#6 in our binary options broker rankings
Accepts traders from Nauru
Rating breakdown
- Regulation & trust3.01.1 lower than Exness (4.1)
- Assets & markets3.50.5 lower than Exness (4.0)
- Fees & costs2.81.2 lower than Exness (4.0)
- Platforms & tools4.30.4 higher than Exness (3.9)
- Accounts & banking3.50.9 lower than Exness (4.4)
- Education4.31.0 higher than Exness (3.3)
- Research3.40.9 lower than Exness (4.3)
- Customer support4.30.2 lower than Exness (4.5)
Exness’s score. Numbers show the difference.
Exness
#35 in our CFD broker rankings
Accepts traders from Nauru
Rating breakdown
- Regulation & trust4.11.1 higher than Olymp Trade (3.0)
- Assets & markets4.00.5 higher than Olymp Trade (3.5)
- Fees & costs4.01.2 higher than Olymp Trade (2.8)
- Platforms & tools3.90.4 lower than Olymp Trade (4.3)
- Accounts & banking4.40.9 higher than Olymp Trade (3.5)
- Education3.31.0 lower than Olymp Trade (4.3)
- Research4.30.9 higher than Olymp Trade (3.4)
- Customer support4.50.2 higher than Olymp Trade (4.3)
Olymp Trade’s score. Numbers show the difference.
| Olymp Trade | Exness | |
|---|---|---|
| Overview | Olymptrade was established in 2014 and now boasts over 88 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. | Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. |
| Customer Reviews | Based on 9 customer reviews | Based on 2 customer reviews |
| Trustpilot Score | ||
| Bonus Offer | 100% Deposit Bonus | – |
| 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 fixed time trade 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. The trade-off is weak regulatory oversight making it higher risk.” | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” |
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| Awards | – |
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| Instruments | Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $10 (varies by account and payment method) |
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| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | $1 | 0.01 Lots |
| Regulator | VFSC | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) |
| Margin Trading | No | Yes |
| STP Account | No | Yes |
| ECN Account | No | Yes |
| 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 | Yes |
| Market Maker | Yes | Yes |
| P2P Trading | No | No |
| Spot Trading | No | No |
| Mobile Apps | Android (plus APK), iOS (plus progressive web app) | iOS & Android |
| App Review | – | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | – | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | No | Yes |
| Copy Trading Platform | – | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. |
| Social Trading | No | Yes |
| Trade Signals | – | Signals through Trading Central |
| VPS Hosting | No | Yes |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $10 | $0 |
| Islamic Account | Yes | Yes |
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| Stock Exchanges | ||
| Commodities | ||
| CFD Trading | ||
| Overview | 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. | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. |
| Leverage | – | 1:Unlimited (via offshore entities) |
| FTSE Spread | – | 9.8 |
| GBPUSD Spread | – | 0.6 |
| Oil Spread | – | 0.20 |
| Stocks Spread | – | 0.5 (Apple Inc.) |
| Forex Trading | ||
| Overview | 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. | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. |
| GBPUSD Spread | – | From 0.0 |
| EURUSD Spread | 1.1 | From 0.0 |
| EURGBP Spread | – | From 0.0 |
| Assets | 30+ | 100+ |
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| Cryptocurrency | ||
| Overview | 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. | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. |
| Spread | Variable | 10.0 (BTC/USD) |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | 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% (110% on InZone contracts) | – |
| Expiry Times | 5 seconds - 23 hours | – |
| Ladder Options | No | No |
| Boundary Options | No | No |