GC Option vs OlympTrade

Compare GC Option and OlympTrade in this side-by-side table listing each broker’s features, platforms, instruments and much more.

GC Option vs OlympTrade Comparison Table 2024
Feature GC Option OlympTrade
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3.3
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1.5
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Summary

GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.

GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours.

Forex Trading
GC Option offers binaries on a slim selection of 25+ currency pairs, including majors, minors, plus metals paired with USD. Unlike traditional forex trading, users speculate whether the price of a currency will rise or fall and can earn an 80%+ payout, or lose their entire stake.

Crypto Trading
Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1.

Olymp Trade was established in 2014 and now boasts over 89 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 offers fixed time trades (FTT) on a diverse but modest range of markets, from OTC currencies to composite indices. FTT commissions are charged between 5%-10% and you can trade with ultra-short time frames from 5 seconds. Payouts are available up to 93% for those who can afford the $2000 'Expert' status deposit.

CFD Trading
You can speculate on a small range of CFDs covering popular asset classes such as forex, indices, commodities, cryptos and ETFs. Whilst prices trail the best brokers, the CFD trading platform is a compelling solution for beginners looking for simplicity, and you can get started with just $10.

Forex Trading
Olymp Trade offers the industry average of around 30 currency pairs. Spreads came in at 1.1 pips for EUR/USD during tests, which is not the most competitive compared to leading brands like AvaTrade (0.9 pips). That said, experienced traders can access multipliers up to x500 on major pairs.

Crypto Trading
Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto.

Awards
  • Best Mobile Trading Platform - World Finance Awards 2021
  • Best Investment Broker - The Forex Awards 2021
  • Best FX Trading Platform - Forex Expo 2020
Bonus Risk Free Trading Days None
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
Expiry Times 1 minute - 48 hours 5 seconds - 23 hours
Ladder Binary Options No No
Boundary Binary Options Yes No
Payment Methods
  • AstroPay
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • FasaPay
  • Maestro
  • Mastercard
  • PayRedeem
  • Paytrust
  • Perfect Money
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • UnionPay
  • Visa
  • Wire Transfer
Regulator VFSC
Mobile Apps iOS, Android + Huawei Android & Windows
Auto Trading Expert Advisors (EAs) on MetaTrader
Copy Trading No No
Social Trading No No
Margin Trading No No
MetaTrader 4 Yes No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView Yes No
Autochartist No No
eSignal No No
Trading Central No No
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
AI / Machine Learning No No
Robo Advisor No No
Negative Balance Protection No No
Market Maker No No
P2P Trading No No
Spot Trading No No
Trade Signals Yes
VPS Hosting No No
Tournaments No No
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD, EUR, GBP, JPY, RUB USD
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
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
rating empty
rating full
3.3
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
1.5
United States Flag
United States NOT accepted
» Visit

FAQ

Is GC Option or OlympTrade better?

Overall we have rated GC Option (65%) higher than OlympTrade (30%), but there are additional factors to take into consideration. For example, does GC Option accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if GC Option or OlympTrade is best for you.