Vantage vs Olymp Trade

Vantage vs Olymp Trade Comparison Table 2023
Vantage Olymp Trade
4.7
1.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.

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.

Bonus Offer
50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme
Promotions

Vantage Rewards: Earn As You Trade

Comment by Reviewer
"Vantage is an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly." "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
  • Vantage’s strong reputation and top-tier regulation from the FCA and ASIC give this broker a very high trust score
  • The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side
  • There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5
  • The unlimited demo account provides full access to the markets and backtesting functionality
  • Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook
  • The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders
  • There are no short-term strategy restrictions with hedging and scalping permitted
  • It’s quick and easy to open a live account – taking less than 2 minutes
  • 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
  • It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
  • A steep $10,000 deposit is needed for the best trading conditions, including a $1.50 commission per side
  • The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
  • Unfortunately, cryptos are only available for Australian clients
  • Offshore broker with weak regulatory oversight
  • Only one proprietary platform available
  • Limited transparency
Awards
  • Best Broker Australia - Ultimate Fintech Awards 2022
  • Best In CFD Trading 2022 - The European Global Banking & Finance Awards 2022
  • Best Trading App - Professional Trader Awards 2022
  • Best Trade Execution - Global Forex Awards 2023
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds Fixed Time Trades
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Trading Platforms
  • ProTrader
  • MT4
  • MT5
  • TradingView
  • DupliTrade
  • Own
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
FCA, ASIC, FSCA, VFSC FinaCom
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • HKD
  • SGD
  • PLN
  • USD
Stock Exchanges
Commodities
CFD Trading
Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience. CFD trading not offered
Leverage
1:500
FTSE Spread
1.0
GBPUSD Spread
0.5
Oil Spread
0.01
Stocks Spread
0.01
Forex Trading
Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges. Forex trading not offered
GBPUSD Spread
0.5
EURUSD Spread
0.0
EURGBP Spread
0.5
Assets
55+
Currency Indices
  • USD
Cryptocurrency
You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go. 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
Floating Variable
Coins
  • ADA
  • AVA
  • BTC
  • DOG
  • EOS
  • ETH
  • LTC
  • NEO
  • SHB
  • SOL
  • TRX
  • UNI
  • XRPandmanymore
  • 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
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