Olymp Trade vs FXPIG
| Olymp Trade Review 2023 | FXPIG Review 2023 |
|---|---|
1.5
|
2.7
|
 Traders from US not accepted
|
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. |
FXPIG is an offshore STP broker founded in 2010. The brand has partnered with 20+ tier-one and tier-two liquidity providers to offer fast execution speeds of <10ms and tight spreads. FXPIG provides access to a range of asset classes with a choice of third-party trading software. |
| 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." | "FXPIG will appeal to forex traders with 80+ currency pairs and tight spreads from 0.1 pips on the EUR/USD. With both MT4 and MT5, it will also serve traders familiar with the MetaQuotes software." |
| Pros | |
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| Cons | |
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| Instruments | |
| Fixed Time Trades | Forex, Indices, Metals, Single Stocks, Cryptos, Commodities |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $200 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | 0.01 Lots |
| Regulator | |
| FinaCom | VFSC |
| Margin Trading | |
| No | No |
| STP Account | |
| No | Yes |
| 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 | |
| Yes | |
| Copy Trading | |
| No | Yes |
| Social Trading | |
| No | 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 | No |
| Account Currencies | |
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| Commodities | |
| CFD Trading | |
| CFD trading not offered | Trade leveraged CFDs with rates up to 1:500. You can go long or short on assets from major economies, including the US, UK and Europe. The broker offers industry-leading CFD trading software. |
| Leverage | |
| 1:500 | |
| FTSE Spread | |
| 0.74 | |
| GBPUSD Spread | |
| 0.906 | |
| Oil Spread | |
| 0.21 | |
| Stocks Spread | |
| N/A | |
| Forex Trading | |
| Forex trading not offered | FXPIG offers 80+ currency pairs via MT4, MT5, cTrader or FIX API. Clients can benefit from 100% STP execution and high leverage up to 1:500. Trade with raw spreads from 0 pips, with commissions as low as $2 per lot, per side. |
| GBPUSD Spread | |
| 0.906 | |
| EURUSD Spread | |
| 0.243 | |
| EURGBP Spread | |
| 0.6 | |
| Assets | |
| 80+ | |
| 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. | Crypto trading not offered |
| Spread | |
| Variable | |
| 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 | |
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Olymp Trade vs |
FXPIG vs |