Olymp Trade vs FXDD

Olymp Trade vs FXDD Comparison Table 2023
Olymp Trade Review 2023 FXDD Review 2023
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.

FXDD is an established forex and CFD broker founded in 2002. Regulated in Malta and Mauritius, the broker provides secure trading platforms, competitive ECN spreads and reliable 24/5 customer support. Superior pricing and ultra-low latency is also offered via the broker's Direct Market Access execution model and tier 1 aggregated liquidity.

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 FXDD for experienced traders looking for reliable VPS hosting and automated trading tools. It will also serve traders familiar with the MetaQuotes software with support for both MT4 and MT5."
  • 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
  • A choice of standard pricing with no commissions or ECN pricing with low commissions of $0.0299 per 1000
  • Trading Central integration with daily fundamental market analysis and automated chart pattern software
  • MetaTrader platforms available via desktop, web and mobile with signals and Expert Advisors (EAs)
  • Accessible for beginners with just a $1 minimum deposit, plus mini, micro and demo accounts
  • Regulated by the MFSA with investor compensation and negative balance protection
  • VPS accounts for algo traders and experienced traders running complex strategies
  • Swap free / Islamic friendly trading accounts
  • 24/5 multilingual customer support
  • Offshore broker with weak regulatory oversight
  • Only one proprietary platform available
  • Limited transparency
  • Withdrawal fees apply for more than one payment per calendar month
  • There is a $25 withdrawal fee for payments under $100
  • We didn't rate the outdated market insights section
  • Narrow range of instruments vs other online brokers
  • A $30 inactivity fee applies to dormant accounts
  • Most Trusted Forex Broker Europe 2012 - Global Banking & Finance Review
  • Best New Platform Europe 2012 - Global Banking & Finance Review
  • Most Transparent FX Broker 2011 - Middle East Forex & Investment Summit
Fixed Time Trades Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Trading Platforms
  • Own
  • MT4
  • MT5
  • DupliTrade
Payment Methods
Minimum Trade
$1 0.01 Lots
FinaCom Malta Financial Services Authority (MFSA), Mauritius Financial Services Commission (MFSC)
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 Yes
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 Yes
Social Trading
No Yes
Trade Signals
VPS Hosting
No No
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
  • EUR
  • GBP
  • JPY
CFD Trading
CFD trading not offered Access CFDs across popular financial markets with just $1 to get started. Strategies can be automated in either of the MetaTrader platforms, and experienced traders can benefit from VPS hosting.
FTSE Spread
Oil Spread
Stocks Spread
Forex Trading
Forex trading not offered Trade a competitive range of 67 forex pairs with ECN spreads from 0.2 pips and leverage up to 1:30. FX traders can also make use of the Trading Central signals or the broker's daily forex analysis.
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. Crypto trading not offered
  • BTC
  • ETH
  • LTC
  • DASH
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
Expiry Times
5 seconds - 23 hours
Ladder Options
No No
Boundary Options
No No
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Olymp Trade