Olymp Trade vs LBLV
Olymp Trade Review 2023 | LBLV Review 2023 |
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1.5
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0.5
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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. |
LBLV is an offshore forex and CFD broker offering 1400+ financial instruments and a range of high-deposit accounts. Founded in 2017, the brokerage claims to offer competitive fees, fast execution and advanced resources, though the weak regulatory status makes the broker less reliable than regulated alternatives. |
Bonus Offer | |
30% deposit bonus | |
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 LBLV for experienced traders willing to deposit at least $5000 with this offshore broker to access high leverage up to 1:400 and tight spreads." |
Pros | |
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Cons | |
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Instruments | |
Fixed Time Trades | Forex, CFDs, indices, shares, commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $5000 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
FinaCom | FSA (Seychelles) |
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 | 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 | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | Yes |
Trade Signals | |
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 | Yes |
Account Currencies | |
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Commodities | |
CFD Trading | |
CFD trading not offered | CFDs are available on key asset classes with high leverage up to 1:400. You can also access the broker's platform on multiple devices, though we are disappointed with the lack of additional trading tools and research. |
Leverage | |
1:400 | |
FTSE Spread | |
Vairable | |
GBPUSD Spread | |
0.3 | |
Oil Spread | |
Variable | |
Stocks Spread | |
Variable | |
Forex Trading | |
Forex trading not offered | LBLV offers major and minor pairs but fails to offer prospective clients any transparency on forex spreads and fees. Beginners will also struggle to access the high-deposit forex trading accounts. |
GBPUSD Spread | |
0.3 | |
EURUSD Spread | |
0.3 | |
EURGBP Spread | |
0.3 | |
Assets | |
50+ | |
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. | Go long or short on a handful of popular cryptos, including Bitcoin. However, the suite of digital tokens is limited vs alternatives so we don't recommend LBLV for dedicated crypto traders. |
Spread | |
Variable | 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 | |
Olymp Trade vs |
LBLV vs |