Alpari vs. Olymp Trade Comparison

This contrast guide helps individuals that struggle to pick in between Alpari and Olymp Trade to locate the most effective online broker for their trading and financial investment demands. It evaluates the main features of the two brokers alongside to help users compare their solution and make an educated decision.

To help individuals select the right broker between Alpari and Olymp Trade to find the best-suited platform, below is a checklist of broker’s pros and cons, adhered to by a contrast of their primary trading functions, including trading systems & tools, fees, mobile trading, deposit & withdrawal, properties, regulation, and client assistance.

Alpari vs. Olymp Trade: Summary

Alpari-logo

Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.

Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.

Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.

Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.

Olymp-Trade-logo

Olymp Trade is a multinational binary options broker based in Saint Vincent and the Grenadines. It is not regulated by any tier-one regulator and is not considered safe. Users can trade on various markets, including 35 forex pairs, 12 cryptocurrencies, 10 indices, 4 metals, 2 energies, and 12 stocks. Additionally, users can invest in stocks or speculate on options.

Olymp Trade trading fees are above average compared to similar brokers from the industry, like IQ Option and AvaTrade. They charge low spreads from 0.8 pips EUR/USD and $4 commission per lot on its ECN accounts. Payouts on options are 86.5%. The broker doesn’t charge non-trading or inactivity fees.

Olymp Trade’s customer support is available through email and live chat.

Pros

  • Access to over 600 US stock CFDs and 46 forex pairs
  • Commission-free CFD trading
  • MetaTrader 4 and 5 compatibility
  • Low (floating) spreads from 1,2 pips (EUR/USD)
  • PAMM account availability

Cons

  • Has a history of insolvency
  • No valid trading licence

Pros

  • Low minimum deposit ($10)
  • Competitive forex spreads (0.8 pips EUR/USD)
  • Compatibility with MT4 and TradingView
  • Broad range of financial instruments
  • High payouts on options (86.5%)

Cons

  • Higher account tiers come with more benefits
  • Non-transparent overnight fees and margin requirements
  • Limited advanced charting and trading tools

Key features

  • Zero commission CFD trading
  • Low minimum deposit ($100)
  • Access to PAMM services
  • Support for MetaTrader 4 & 5
  • High-quality market analysis and research
  • Over 600 CFDs and 46 forex pairs

Key features

  • Access to 65 + forex currency pairs
  • Compatibility with MT4 and TradingView
  • Zero commission stock trading
  • Wide range of available payment methods
  • Low trading fees and high binary option payouts
  • Bonuses of up to 100%

Alpari vs. Olymp Trade Comparison

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Compare brokers

BROKER COMPARISON

Alpari-logo
Olymp-Trade-logo

Overall rating

3,2/5

2,9/5

Overall rating

3,2/5

2,9/5

Trading Platform & Tools

3.8

2.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

2.9

3.5

See details
Withdrawal Fee
Deposit Fee
Inactivity Fee
Cost Per Trade
Cost Per Month
Forex (EUR/USD)
Stocks & ETF
CFD (Gold)
Crypto
Options
Conversion Fees
Misc. Fees
Overnight Fees

Mobile Trading

4.0

2.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.7

4.5

See details
Minimum deposit (in UAE)
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.5

2.7

See details
Shares
ETF & Funds
Crypto
Commodities
Indices
Options
Futures
Bonds
Forex
CFD Indices & Funds
CFD Stocks
CFD Commodities
CFD Crypto
CFD Bonds
Binary Options
SWAPS
Saving Plans

Regulation

3.0

2

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

2.5

1.2

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.2

3.2

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Alpari vs. Olymp Trade Comparison Conclusion

The outcomes of our contrast of Alpari vs. Olymp Trade are wrapped up in the table below.

Broker:Best For:
AlpariTrading with multiple assets and PAMM investment services
Olymp TradeBinary Options

Choosing the appropriate option in between Alpari and Olymp Trade can be challenging. Both on-line brokers have resemblances yet vary regarding trading tools, systems & apps, guideline, down payment & withdrawals, and study and education and learning. Choosing the best broker relies on users’ trading & financial investment goals, specific preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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