OlympTrade vs IQ Option

Founded in 2014, Olymptrade has over 89 million traders. It operates in more than 130 countries and supports 13 languages. The platform is stable and offers appealing incentives for new traders. Olymp Trade provides fixed time trades (FTT) across various markets and 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.

IQ Option is a reliable broker offering multi-asset trading via its easy-to-use platform. It allows trading in forex, stocks, cryptos, indices, commodities, and ETFs with low fees, plus extra features and educational resources. An account can be opened with only $10.

is a well-regarded binary options and digital trading broker. on an easy-to-use platform with a low initial deposit. Just predict if an asset's price will rise or fall to earn a fixed payout of up to 90%+.

CFD Trading
IQ Option focuses on CFDs for stocks, forex, cryptocurrencies, and other markets. Leverage follows EU rules, up to 1:30 on major forex pairs and less on volatile assets. Trades have no commission, feature floating spreads, and clients can use the award-winning platform.

Forex Trading
IQ Option provides CFD trading on 24 forex assets, including major and some minor pairs. EU traders can use up to 1:30 leverage as per local rules. The broker offers commission-free trades, but spreads are relatively high, so it is not outstanding in this area.

Crypto Trading
IQ Option is a top crypto broker, providing multipliers and a wide selection of digital currencies like Bitcoin, Ethereum, and Cardano. They offer leverage up to 1:2 with variable spreads and no commission. The user-friendly trading software is ideal for beginners.