Olymp Trade vs Fusion Markets
Olymp Trade Review 2023 | Fusion Markets Review 2023 |
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1.5
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4.5
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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. |
Fusion Markets is an Australian headquartered and regulated broker that offers low-cost forex and CFD trading. Copy trading, 1:500 leverage plus multiple account types are also available, catering to traders of different experience levels and budgets. New clients can sign up and start trading in three straightforward steps. |
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." | "We recommend Fusion Markets for traders looking for the lowest fees with spreads from 0.0 pips and a $2.25 per side commission." |
Pros | |
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Cons | |
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Instruments | |
Fixed Time Trades | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
FinaCom | ASIC, VFSC |
Margin Trading | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
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 | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS, Android and Windows | iOS & Android |
Auto Trading | |
Myfxbook AutoTrade plus Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
The broker's native copy trading platform, Fusion+, offers access to experienced traders with low to zero fees and a hassle-free follower process. Alternatively, leading third-party tool, DupliTrade, connects aspiring investors with proven traders. | |
Social Trading | |
No | Yes |
Trade Signals | |
Myfxbook AutoTrade | |
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 | |
$0 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | Trade CFDs on forex, metals, energies, shares, indices and cryptos with transparent prices. High leverage up to 1:500 is available and there are no account opening or deposit fees. |
Leverage | |
1:500 | |
FTSE Spread | |
From 0.7 | |
GBPUSD Spread | |
From 0.0 | |
Oil Spread | |
From 0.0 | |
Stocks Spread | |
From 0.01 | |
Forex Trading | |
Forex trading not offered | Trade over 90 pairs and keep costs to a minimum, with tight spreads and industry-leading commissions. Currencies can be traded 24/5 with no dealing desk intervention. |
Forex App | |
The MT4 platform is available on Android and iOS. The application offers advanced charting, automated trading plus an integrated news stream. Clients can manage all forex trading activity from the free mobile app. |
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GBPUSD Spread | |
0.0 | |
EURUSD Spread | |
0.0 | |
EURGBP Spread | |
0.0 | |
Assets | |
90+ | |
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 the best known cryptos paired with USD and 1:2 leverage. Fees are low and traders can speculate on leading tokens like Bitcoin and Ethereum on a powerful trading platform. |
Spread | |
Variable | From 0.001 |
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% | |
Expiry Times | |
5 seconds - 23 hours | |
Ladder Options | |
No | No |
Boundary Options | |
No | No |
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More Comparisons | |
Olymp Trade vs |
Fusion Markets vs |