This contrast overview assists users who struggle to pick in between Olymp Trade and Vantage to discover the very best online broker for their trading and investment demands. It analyzes the main features of both brokers side by side to assist users compare their service and make a notified decision.
To assist individuals select the right broker in between Olymp Trade and Vantage to discover the best-suited system, listed below is a checklist of broker’s benefits and drawbacks, followed by a comparison of their major trading functions, consisting of trading platforms & devices, charges, mobile trading, down payment & withdrawal, assets, guideline, and client assistance.
Olymp Trade vs. Vantage: 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.
Vantage is a forex and CFD broker founded in 2009. It is regulated by two tier-one regulators (the ASIC and the FCA) and therefore considered safe. The broker offers access to 1,000 tradable instruments across various markets including CFD’s on stocks, commodities, and ETFs.
Vantage is a MetaTrader broker offering access to the MT4 and MT5 platforms as web and desktop versions. Both platforms allow a variety of add-ons including Smart Trader and TradingView. Apart from these add-ons Vantage offers access to a free VPS server, a forex sentiment indicator and research tools like Market Buzz, Featured Ideas, and Analyst Views.
Vantage trading fees are industry average. They charge a spread of 1.2 pips (EUR/USD) on the standard account and 0.15 pips (EUR/USD) plus $3 commission on the raw spread account.
Vantage’s customer service is available by email, phone, and live chat in English and Arabic.
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
- Low minimum deposit ($50)
- True ECN/STP broker
- High leverage up to 1:500
- Free VPS and paper trading account
- MT4/MT5 add-ons and broad range of research tools
- Wide range of social/copy trading platforms
Cons
- Limited to CFD and forex trading
- No proprietary platform
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
- Access to 1,000 tradable symbols
- Various social trading platforms and addons (ZuluTrade, DupliTrade, and MyFXbook Autotrade)
- MT4, MT5, TradingView and Trading Central compatibility
- PRO ECN, RAW ECN, Islamic swap-free, and demo accounts
- Low, competitive spreads from 0.0 pips
Olymp Trade vs. Vantage Comparison
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Olymp Trade
Vantage
BROKER COMPARISON
Trading Platform & Tools
| 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
| 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 | 0.1 pips |
| Stocks & ETF | 0 | 0.36 pips |
| CFD (Gold) | 20 | 0.36 pips |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10.00 | $200 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 80+ | 0 |
| ETF & Funds | 10+ | 0 |
| Crypto | 20+ | 0 |
| Commodities | 10+ | 0 |
| Indices | 10+ | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 100+ | 44 |
| CFD Indices & Funds | 21 | 16 |
| CFD Stocks | 40 | 226 |
| CFD Commodities | 6 | 19 |
| CFD Crypto | 21 | 34 |
| 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. Vantage Comparison Conclusion
The outcomes of our contrast of Olymp Trade vs. Vantage are wrapped up in the table listed below.
| Broker: | Best For: |
| Olymp Trade | Binary Options |
| Vantage | Forex and CFD trading; Great MetaTrader Broker |
Choosing the best selection between Olymp Trade and Vantage can be challenging. Both online brokers have similarities however differ pertaining to trading instruments, systems & apps, law, deposit & withdrawals, and research study and education. Picking the most effective broker depends on users’ trading & financial investment goals, specific 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.