Olymp Trade vs SushiSwap

Olymp Trade vs SushiSwap Comparison Table 2023
Olymp Trade Review 2023 SushiSwap Review 2023
1.5
1.8

SushiSwap is #31 in our crypto broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US 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.

SushiSwap is a DeFi cryptocurrency exchange launched in 2020. Through the Ethereum blockchain, SushiSwap has generated over $2.5 billion in trading volume through it's AMM framework. Traders can swap tokens, as well as create liquidity via yield farming.

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." "SushiSwap will appeal to experienced crypto investors looking for competitive AMM rates or developers seeking to create custom pools. However as with most crypto exchanges, SushiSwap is unregulated so we recommend caution if considering this firm."
Pros
  • 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
  • Liquidity providers receive large rewards for their contributions - the SUSHI/ETH pool pays out double rewards
  • Some of the largest centralised exchanges in the world added the platform’s token, Sushi, days after it went live
  • Accessible fiat-to-crypto deposits including bank transfer and Apple Pay, plus 6 supported crypto wallets
  • Trading fees are more affordable than centralised exchanges such as Coinbase
  • The platform has received strong endorsements from multiple DeFi projects
  • Sushi Academy with learning materials for beginners and technical users
  • Crypto farming available with over 500 token pools to choose from
Cons
  • Offshore broker with weak regulatory oversight
  • Only one proprietary platform available
  • Limited transparency
  • SushiSwap wasn’t independently audited before its release
  • Not as many tokens as other crypto exchanges
  • No regulation bringing security concerns
  • No demo account to test the firm
Instruments
Fixed Time Trades Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $30
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 Variable
Regulator
FinaCom
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 Not yet
Copy Trading
No No
Social Trading
No No
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
  • USD
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. SushiSwap offers over 400 tokens to swap, with a good range of fiat and crypto deposits. With that said, this exchange is unregulated and funds may not be secure when compared to reputable crypto brokers.
Spread
Variable 0.30% fee
Coins
  • BTC
  • ETH
  • LTC
  • DASH
  • ETH
  • BTC
  • BAB
  • BAC
  • BAL
  • BAO
  • BAT
  • BNT
  • BUSD
  • DELTA
  • DFD
  • DFX
  • ESD
  • FARM
  • FTT
  • FTX
  • GNO
  • LINK
  • PAXG
  • RARI
  • SUSHI
  • SWAG
  • WBTC
  • YLD
  • ZIG
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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