FBS vs. Olymp Trade Comparison

This contrast guide helps customers that have a hard time to choose in between FBS and Olymp Trade to locate the most effective online broker for their trading and financial investment needs. It assesses the highlights of both brokers alongside to help users contrast their solution and make a notified choice.

To help individuals pick the ideal broker between FBS and Olymp Trade to discover the best-suited platform, below is a listing of broker’s advantages and disadvantages, adhered to by a comparison of their primary trading functions, consisting of trading systems & devices, charges, mobile trading, down payment & withdrawal, assets, guideline, and consumer support.

FBS vs. Olymp Trade: Summary

FBS logo

FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.

FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.

FBS’s customer support is available via email, phone, and WhatsApp 24/7.

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 minimum deposit ($10)
  • Low spreads from 0.8 pips EUR/USD
  • Competitive stock trading fees
  • Compatibility with MT4 and MT5
  • Wide range of trading account types

Cons

  • Comparing others relatively few trading instruments are offered

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

  • Competitive overall fees
  • Compatible with MetaTrader 4 and 5
  • Access to 100+ forex pairs
  • Up to 1:500 leverage for professional traders
  • Standard, Cent, and Crypto accounts
  • Free courses, webinars, lessons, and signals

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%

FBS vs. Olymp Trade Comparison

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FBS logo

FBS

Open account Read review

75.2% of retail CFD accounts lose money

BROKER COMPARISON

FBS 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 1:3000 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

4.5

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) 0.5 pips 1.1
Stocks & ETF 2.32 pips 0
CFD (Gold) 2,32 pips 20
Crypto 32.55 pips 0
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

2.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.1

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

1.9

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 44 39
CFD Indices & Funds 11 21
CFD Stocks 98 40
CFD Commodities 6 6
CFD Crypto 30 21
CFD Bonds 0 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

4.5

3.2

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

Winner

FBS vs. Olymp Trade Comparison Conclusion

The results of our contrast of FBS vs. Olymp Trade are involved the table below.

Broker:Best For:
FBSForex and CFD trading
Olymp TradeBinary Options

Picking the ideal choice in between FBS and Olymp Trade can be tough. Both on-line brokers have similarities yet vary regarding trading instruments, platforms & applications, guideline, deposit & withdrawals, and research study and education and learning. Choosing the very best broker relies on individuals’ trading & investment goals, specific 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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