AvaTrade vs. Olymp Trade Comparison

This side-by-side comparison helps users who need assistance choosing between AvaTrade and Olymp Trade to select the ideal online broker for their trading and investment needs. It considers the common features of the two brokers side by side to help users compare their service and make an informed decision.

To help users choose between AvaTrade and Olymp Trade to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their common trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.

AvaTrade vs. Olymp Trade: Summary

AVAtrade logo

AVATrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.

Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.

Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100. 

AvaTrade’s customer service is available by email, live chat, phone, and WhatsApp in English and Arabic.

Olymp-Trade-logo

Olymp Trade is an international online broker founded in 2014. 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

  • Low minimum deposit ($100)
  • Fixed forex spreads from 0.9 pips
  • Wide range of platforms and third party integrations (MT4, MT5, TradingView)
  • Support for various trading styles (algorithmic, automated, copy trading)
  • Intuitive mobile app

Cons

  • Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options

Pros

  • Low minimum deposit ($10)
  • Competitive forex spreads (0.8 pips EUR/USD)
  • Broad range of financial instruments
  • Stock and options trading on same platform
  • High payouts on options (86.5%)
  • No hidden charges

Cons

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

Key features

  • Access to 1250 CFDs and 44 forex options
  • Excellent copy trading features
  • Advanced mobile trading app (AvaOptions)
  • Industry average pricing
  • Perfect for casual and advanced traders
  • Access to the full meta trader suite

Key features

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

AvaTrade vs. Olymp Trade Comparison

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BROKER COMPARISON

AVAtrade logo
Olymp-Trade-logo

Overall rating

4,9/5

2,9/5

Overall rating

4,9/5

2,9/5

Trading Platform & Tools

4.9

2.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:400 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.9

3.5

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $50 after every 3 months and $100 after every 12 months $10 if no trades in a month
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.9 1.1
Stocks & ETF 0 0
CFD (Gold) 3.4 20
Crypto 0.35% 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.9

2.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

4.5

See details
Minimum deposit (in UAE) $100 $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

2.7

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 55 39
CFD Indices & Funds 91 21
CFD Stocks 612 40
CFD Commodities 18 6
CFD Crypto 20 21
CFD Bonds 2 0
Binary Options 44 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

2

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

1.2

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

Customer Support

4.8

3.2

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

Winner

AvaTrade vs. Olymp Trade Comparison Conclusion

The results of our comparison of AvaTrade vs. Olymp Trade are summarized in the table below.

Broker:Best For:
AvaTradeForex, CFDs and Options
Olymp TradeBinary Options

Choosing between AvaTrade and Olymp Trade can be a tough decision. Both online brokers have similarities but vary based on trading fees, platform selection, products, licenses, and trading features. Selecting the best broker depends on users’ trading & investment goals, individual preferences, and knowledge level.

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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