Summary
Neither GC Option nor OlympTrade accepts traders from United States. See the brokers that accept you →
| GC Option | OlympTrade | |
|---|---|---|
| Overview | ||
| Summary | 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. | was founded in 2014 and now has over 88 million users. Operating in 130+ countries and offering support in 13 languages, the platform provides stability and appealing incentives for new traders. provides fixed-time trades across various markets. The brand holds an offshore license from the . 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. |
| Regulator | – | VFSC |
| Instruments | Binary Options on Forex, Metals and Cryptos | Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $10 |
| Minimum trade | $1 | $1 |
| Max payout | 86% | 93% 110% on InZone contracts |
| Expiry times | 1 minute - 48 hours | 5 seconds - 23 hours |
| Ladder options | No | No |
| Boundary options | No | No |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | Android (plus APK), iOS (plus progressive web app) |
| Mobile trading | Like many binary brands, GC Option lacks a dedicated app. You can conduct short-term trades via mobile browsers. The mobile trading setup is average, with charts that can be difficult to use effectively. It is adequate for managing accounts but doesn't match top industry standards. | – |
| MetaTrader 4 | Yes | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Copy trading | No | No |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, Wire Transfer | Bitcoin Payments, Credit Card, Debit Card, JCB Card, Mastercard, Neteller, Perfect Money, Skrill, UnionPay, Vietcombank Transfer, Visa, Wire Transfer |
| Account currencies | USD, EUR, GBP, JPY, RUB | USD |
| STP account | No | No |
| ECN account | No | No |
| DMA account | No | No |
| MAM account | No | No |
| PAMM account | No | No |
| LAMM account | No | No |
| Demat account | No | No |
| Islamic account | No | Yes |
| Negative balance protection | No | Yes |
| Market maker | No | Yes |
| Margin trading | No | No |
| Tournaments | No | No |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | – | CAC 40 Index France, DAX GER 40 Index, FTSE UK Index, Hang Seng, Japan Exchange Group, Nasdaq, Russell 2000, S&P 500 |
| Commodities | Gold, Silver | Oil, Silver, Gold, Platinum, Precious Metals, Natural Gas, Copper |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | No | Yes |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | Variable | – |
| Forex EURUSD spread | Variable | 1.1 |
| Forex EURGBP spread | Variable | – |
| Forex assets | 25+ | 30+ |
| Crypto trading | Yes | Yes |
| Crypto spread | Variable | Variable |
| Crypto coins | BCH, BNB, BTC, DSH, ETC, ETH, XMR, ZEC | ADA, AVX, BCH, BNB, BTC, DASH, DASH, DOGE, DOT, EOS, ETH, GLM, KSM, LNK, LTC, MAT, SOL, UNI, XLM, XRP, XTZ |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is GC Option or OlympTrade better?
We have rated OlympTrade (76%) higher than GC Option (65%), but the overall rating can't be the only determining factor. For example, does OlympTrade accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if GC Option or OlympTrade is best for you.
