Spectre.ai vs OlympTrade

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

Spectre.ai vs OlympTrade Comparison Table 2024
Feature Spectre.ai OlympTrade
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3.3
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1.5
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Summary

Spectre.ai is a binary options trading platform that offers an innovative blockchain-based system and proprietary products with payouts up to 400%. Spectre sources liquidity directly from traders with no middleman, and offers a transparent trading environment with all transactions visible on a verified ledger. The broker offers contracts on crypto and forex pairs with flexible expiry times and instant payouts on an easy-to-use bespoke platform and mobile app.

Spectre.ai offers binary options trading on multiple markets with a $0 starting deposit and payouts up to 400%. No other binary brands match Spectre in terms of payouts.

Forex Trading
Trade binary options on 18 forex pairs, including a selection of majors, minors and cross pairs such as GBP/USD, EUR/USD and AUD/JPY. Gold and silver binary options are also available paired with USD.

Crypto Trading
Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin. Users just have to decide if the price of the digital token will rise or fall over an agreed timeframe.

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 None None
Instruments Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades
Demo Account Yes Yes
Minimum Deposit $0 $10
Minimum Trade $1 $1
Expiry Times 1 second - 1 day 5 seconds - 23 hours
Ladder Binary Options No No
Boundary Binary Options No No
Payment Methods
  • Bitcoin Payments
  • Boleto
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • FasaPay
  • Finrax
  • Neteller
  • Paysafecard
  • Perfect Money
  • PIX Payment
  • Skrill
  • UnionPay
  • Visa
  • Volet
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • UnionPay
  • Visa
  • Wire Transfer
Regulator St. Vincent and the Grenadines VFSC
Mobile Apps Yes Android & Windows
Auto Trading Yes - through APIs
Copy Trading No No
Social Trading No No
Margin Trading Yes No
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView No 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
VPS Hosting No No
Tournaments Yes No
Demo Competitions No No
Ethical Investing No No
Islamic Account Yes Yes
Account Currencies USD, EUR, GBP USD
Stock Exchanges
  • Nasdaq
  • New York Stock Exchange
  • 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
CFD Leverage 1:40
CFD GBPUSD Spread 0.9
CFD Stocks Spread Variable
Forex Trading Yes Yes
Forex GBPUSD Spread 0.90
Forex EURUSD Spread 0.58 1.1
Forex EURGBP Spread 0.90
Forex Assets 20 30+
Crypto Trading Yes Yes
Crypto Spread Variable Variable
Crypto Coins
  • AAVE
  • AVAX
  • BCH
  • BNT
  • BTC
  • CAKE
  • COMP
  • DSH
  • ETH
  • FTM
  • LINK
  • LTC
  • MKR
  • REN
  • RUNE
  • SNX
  • SUSHI
  • TERRA
  • UMA
  • UNI
  • YFI
  • ZRX
  • 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 Spectre.ai or OlympTrade better?

Overall we have rated Spectre.ai (66%) higher than OlympTrade (30%), but there are additional factors to take into consideration. For example, does Spectre.ai 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 Spectre.ai or OlympTrade is best for you.