GC Option vs OlympTrade

GC Option is a binary options broker offering contracts with adjustable lengths and payouts up to 86% on 27 instruments. It is among the few brokers supporting MetaTrader 4, alongside two proprietary platforms.

GC Option provides easy-to-use binary options with 86% payouts and options in forex, metals, and cryptocurrencies. The broker is notable for its top-notch trading software and access to short-term contracts from 60 seconds to 48 hours.

Forex Trading
GC Option provides binary options on over 25 currency pairs, including major and minor pairs, and metals paired with USD. Unlike regular forex trading, users predict if a currency's price will rise or fall. Successful predictions can lead to payouts of over 80%, while incorrect ones may result in losing the entire investment.

Crypto Trading
Trade popular crypto tokens with simple binary options. Decide if the price of tokens like Bitcoin will go up or down, starting with just a $1 stake.

Olymptrade was established in 2014 and now boasts over 88 million traders. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform and attractive rewards for new traders. Olymp Trade also offers fixed time trades (FTT) over a diverse range of markets. The brand is licensed offshore by the VFSC.

Olymp Trade provides fixed time trades (FTT) on various markets, including OTC currencies and composite indices. FTT commissions range from 5%-10%, and trades can be as short as 5 seconds. Payouts can reach up to 93% with a $2000 deposit for 'Expert' status.

CFD Trading
You can trade a limited selection of CFDs, including forex, indices, commodities, cryptos, and ETFs. Although prices are not the most competitive, the CFD platform is a good choice for beginners seeking simplicity, with a minimum start amount of $10.

Forex Trading
Olymp Trade provides about 30 currency pairs, which is the industry average. During tests, the spreads for EUR/USD were 1.1 pips, which is less competitive than leading brands like AvaTrade at 0.9 pips. However, experienced traders can access multipliers up to x500 on major pairs.

Crypto Trading
Olymp Trade provides major cryptocurrencies like Bitcoin and Ethereum. The Basic Altcoin Index is a valuable option, offering wider market exposure for those who prefer not to invest in a single cryptocurrency.