FxPro vs. Olymp Trade Comparison

This comparison overview assists customers that battle to select in between FxPro and Olymp Trade to find the best online broker for their trading and investment requirements. It analyzes the main features of the two brokers side by side to aid individuals compare their solution and make an educated decision.

To help users pick the right broker between FxPro and Olymp Trade to discover the best-suited system, listed below is a listing of broker’s pros and cons, adhered to by a contrast of their major trading functions, including trading systems & tools, charges, mobile trading, deposit & withdrawal, properties, law, and consumer support.

FxPro vs. Olymp Trade: Summary

FXPro logo

FxPro is a reputable forex and CFD broker regulated by two tier-one regulators including the FCA and MiFID. They allow users to trade on over 2,200 tradable symbols including 400 CFDs on forex,shares, cryptos, indices and metals. FXPro users can choose from a variety of trading platforms including a proprietary platform (FxPro Edge), MetaTrader 4, MetaTrader 5, and cTrader. They also have access to various trading tools like Trading Central trading signals, over 50 indicators and a handful of charting tools.

FxPro trading fees are above industry average when compared to industry leaders like Pepperstone or IG. The broker’s minimum deposit requirement is $0.

Their customer support is available 24/7 by email, live chat, and phone in English, Arabic, and over 20 other languages.

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 2,200 tradable symbols
  • MetaTrader 4, MetaTrader 5, and cTrader integration
  • Fast order execution
  • Excellent customer support
  • Micro lot trading
  • Fast order execution

Cons

  • Only offers CFD and forex trading
  • Slightly above average trading fees
  • Inactivity fees

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

  • Access to 2,200 + tradable instruments
  • Wide range of mobile trading apps (FxPro edge, MT4, MT5 and cTrader)
  • Competitive forex spreads from 1.2 pips EUR/USD
  • MT4, MT5 and cTrader integration
  • Trading signals by Trading Central
  • Fast and reliable order execution below 14ms

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%

FxPro vs. Olymp Trade Comparison

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FXPro logo

FXPro

Open account Read review

75.18% of retail CFD accounts lose money

BROKER COMPARISON

FXPro logo
Olymp-Trade-logo

Overall rating

4,1/5

2,9/5

Overall rating

4,1/5

2,9/5

Trading Platform & Tools

4.7

2.8

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

Fees

3.6

3.5

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $5 $10 if no trades in a month
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.1 pips 1.1
Stocks & ETF 0 0
CFD (Gold) 3.5 pips 20
Crypto 0 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

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

2.9

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 70 39
CFD Indices & Funds 42 21
CFD Stocks 2030 40
CFD Commodities 8 6
CFD Crypto 31 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

FxPro vs. Olymp Trade Comparison Conclusion

The results of our contrast of FxPro vs. Olymp Trade are wrapped up in the table below.

Broker:Best For:
FxProForex and CFDs; MetaTrader Broker
Olymp TradeBinary Options

Choosing the right choice between FxPro and Olymp Trade can be tough. Both on the internet brokers have similarities but vary regarding trading instruments, systems & applications, policy, down payment & withdrawals, and research and education and learning. Choosing the most effective broker depends on users’ trading & investment goals, private preferences, and experience 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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