This contrast overview assists individuals who struggle to select in between Olymp Trade and Sarwa to discover the best online broker for their trading and financial investment requirements. It analyzes the highlights of the two brokers side by side to assist users compare their solution and make an informed choice.
To assist customers pick the right broker in between Olymp Trade and Sarwa to find the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, complied with by a contrast of their primary trading features, consisting of trading platforms & devices, fees, mobile trading, deposit & withdrawal, possessions, regulation, and consumer support.
Olymp Trade vs. Sarwa: Summary
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.
Sarwa is a UAE based robo-advisor founded in 2017. It is regulated by both UAE financial regulators: the DFSA and the FSRA. Sarwa combines automated and manual investment services across various markets including stocks, ETFs, mutual funds, cryptocurrencies and indices.
Sarwa charges $0 commissions on stocks and cryptocurrencies. The broker does not charge conversion, withdrawal or inactivity fees. This makes Sarwa a low cost broker.
The minimum deposit required at Sarwa is low ($0). They allow direct deposits and withdrawals in AED (no conversion fees apply). Funding options at Sarwa are limited to bank wire transfers.
Sarwa’s customer service is available by email and phone. Their website additionally features and extensive FAQ section that answers users common questions on a regular basis.
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
Pros
- Direct AED deposits (without conversion fees)
- Automated and manual trading services
- Suitable for both beginner and professional traders
- Free financial advisory services
- Option to visit their offices in Dubai or Abu Dhabi and receive direct investment advice
- Competitive trading fees (0% commission on stocks and ETFs)
Cons
- Few banking options
- Limited markets
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%
Key features
- Low stock trading fees ($0 commission)
- Wide range of assets (4,000 stocks & fractional shares)
- Easy to use trading interface
- Direct AED Deposits
- Simple buy and sell options
- Regulated by the DFSA and FSRA
- 0$ Minimum Deposit
Olymp Trade vs. Sarwa Comparison
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Olymp Trade
Sarwa
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 1:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 if no trades in a month | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.1 | 0 |
| Stocks & ETF | 0 | 0.85% |
| CFD (Gold) | 20 | 0 |
| Crypto | 0 | 0.75% |
| Options | 0 | 0.85% |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10.00 | $0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 80+ | 4000 |
| ETF & Funds | 10+ | 1 |
| Crypto | 20+ | 1 |
| Commodities | 10+ | 0 |
| Indices | 10+ | 0 |
| Options | 0 | 1 |
| Futures | 0 | 1 |
| Bonds | 0 | 1 |
| Forex Instruments | 100+ | 0 |
| CFD Indices & Funds | 21 | 0 |
| CFD Stocks | 40 | 0 |
| CFD Commodities | 6 | 0 |
| CFD Crypto | 21 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Olymp Trade vs. Sarwa Comparison Conclusion
The results of our contrast of Olymp Trade vs. Sarwa are involved the table below.
| Broker: | Best For: |
| Olymp Trade | Binary Options |
| Sarwa | Stocks and ETFs; Robo-advisor |
Selecting the best selection in between Olymp Trade and Sarwa can be hard. Both on the internet brokers have resemblances but differ regarding trading instruments, systems & applications, guideline, down payment & withdrawals, and research and education and learning. Picking the very best broker depends 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.