Orbex vs Olymp Trade

Orbex vs Olymp Trade Comparison Table 2023
Orbex	Olymp Trade
Review Not Yet Rated	Review 1.5
Traders from US not accepted	Traders from US not accepted
Orbex is a trusted forex broker offering several accounts & the MT4 platform.	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.
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."
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
Cons
	Offshore broker with weak regulatory oversight Only one proprietary platform available Limited transparency
Awards
Best FX Broker Europe 2020 - Global Banking & Finance Review Best FX Broker Mena 2020 - Global Banking & Financing Review Best Forex Broker 2019 - Global Banking & Finance Review Best Trading Education Provider 2018
Instruments
Forex, CFDs, indices, commodities, futures	Fixed Time Trades
Demo Account
Yes	Yes
Minimum Deposit
$200	$10
Payment Methods
Cashu Credit Card FasaPay Neteller Skrill Visa WebMoney	AstroPay Bitcoin Payments Doku Wallet FasaPay Flutterwave M-Pesa Neteller Perfect Money Skrill WebMoney Wire Transfer Yandex Money
Minimum Trade
0.01 lots	€/$1
Regulator
CySEC, BaFin, FSC (Mauritius)	FinaCom
Margin Trading
No	No
MetaTrader 4
Yes	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
Yes	No
STP Account
No	No
ECN Account
Yes	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
Yes	iOS, Android and Windows
Auto Trading
Yes (EAs)
Copy Trading
No	No
Social Trading
No	No
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
	USD
Commodities
Gold Silver
CFD Trading
Trade CFDs with leverage and ultra-low spreads.	CFD trading not offered
Leverage
1:500
FTSE Spread
1.5
GBPUSD Spread
From 0
Oil Spread
1.8
Stocks Spread
Variable
Forex Trading
Trade forex pairs with zero pip spreads.	Forex trading not offered
GBPUSD Spread
From 0
EURUSD Spread
From 0
EURGBP Spread
From 0.5
Assets
44
Cryptocurrency
Crypto trading not offered	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.
Spread
	Variable
Coins
	BTC ETH LTC DASH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	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.
Payout
	90%
Expiry Times
	5 seconds - 23 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review
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