ETX Capital vs. Olymp Trade Comparison

This contrast overview aids individuals that struggle to choose in between ETX Capital and Olymp Trade to discover the very best online broker for their trading and investment requirements. It examines the highlights of the two brokers side by side to aid individuals contrast their service and make an informed choice.

To aid users select the best broker between ETX Capital and Olymp Trade to discover the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, adhered to by a contrast of their major trading functions, consisting of trading platforms & devices, fees, mobile trading, deposit & withdrawal, possessions, guideline, and client assistance.

ETX Capital vs. Olymp Trade: Summary

ETX Capital logo

ETX Capital is a UK based brokerage firm founded in 1965. It offers access to over 6000 tradable instruments including shares, forex, commodities, crypto and CFDs. ETX Capital offers a variety of trading platforms and features including a pro version platform, copy trading app and MT4 integration.

ETX Capital charges competitive trading fees and offers multiple advanced order types including GTC, GSLO, and OCO.

ETX Capital customer service is available 24-7 through email, live chat, and phone.

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

  • Low spreads from 0.6 pips EUR/USD
  • Compatibility with MT4
  • Great choice of different trading platforms (desktop and mobile)
  • Fast account opening
  • Very good for Research and Education

Cons

  • The offer (and choice) of trading instrument could be better

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

  • Low overall trading fees
  • Compatibility with MT4
  • Wide range of educational materials
  • Low, floating spreads
  • Advanced order types
  • Free unlimited demo trading account

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%

ETX Capital vs. Olymp Trade Comparison

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ETX Capital logo

ETX Capital

Open account Read review

73.85% of retail CFD accounts lose money

BROKER COMPARISON

ETX Capital logo
Olymp-Trade-logo

Overall rating

4,1/5

2,9/5

Overall rating

4,1/5

2,9/5

Trading Platform & Tools

4.2

2.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 400:1 500:1
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 0 $10 if no trades in a month
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.6 pips 1.1
Stocks & ETF 0.4 pips 0
CFD (Gold) 0.4 pips 20
Crypto Variable 0
Options 0 0
Conversion Fees 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

2.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.5

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

3.0

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 62 39
CFD Indices & Funds 30 21
CFD Stocks 5000 40
CFD Commodities 29 6
CFD Crypto 4 21
CFD Bonds 11 0
Binary Options 0 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

4.3

1.2

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

Customer Support

3.5

3.2

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

Winner

ETX Capital vs. Olymp Trade Comparison Conclusion

The results of our comparison of ETX Capital vs. Olymp Trade are involved the table below.

Broker:Best For:
ETX CapitalForex and CFD trading
Olymp TradeBinary Options

Choosing the best choice between ETX Capital and Olymp Trade can be tough. Both online brokers have similarities however vary regarding trading instruments, systems & apps, regulation, deposit & withdrawals, and study and education. Picking the very best broker relies on individuals’ trading & financial investment goals, individual choices, 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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