Olymp Trade vs IQ Option
Olymp Trade | IQ Option |
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1.5
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4
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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. |
Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads. |
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
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." | "IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Fixed Time Trades | CFD, Forex, Crypto, Stocks, Digital Options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $10 |
Payment Methods | |
Minimum Trade | |
€/$1 | 0.001 lots |
Regulator | |
FinaCom | |
Margin Trading | |
No | Yes |
Margin Rate | |
0.2% | |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
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 | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS, Android and Windows | iOS, Android and Windows |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
CFD Trading | |
CFD trading not offered | IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform. |
Leverage | |
1:500 | |
GBPUSD Spread | |
1 | |
Oil Spread | |
2.3 | |
Stocks Spread | |
2 | |
Forex Trading | |
Forex trading not offered | IQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do not excel in this area. |
Forex App | |
IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account. |
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GBPUSD Spread | |
5 pips | |
EURUSD Spread | |
14 pips | |
EURGBP Spread | |
15 pips | |
Assets | |
250+ | |
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. | IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets. |
Spread | |
Variable | BTC 7%, ETH 12% (Var) |
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. | IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit. |
Payout | |
90% | 91% |
Expiry Times | |
5 seconds - 23 hours | |
Ladder Options | |
No | Yes |
Boundary Options | |
No | Yes |
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RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
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