World Forex vs OlympTrade
Compare World Forex and OlympTrade in this side-by-side table listing each broker’s features, platforms, instruments and much more.
| Feature | World Forex | OlympTrade |
|---|---|---|
 United States accepted |
United States NOT accepted |
|
| Summary | World Forex, an offshore broker in St Vincent and the Grenadines, offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts provide beginners an easy way to trade on major financial markets. World Forex provides binary options where you choose the stake, price direction, and contract duration. Payouts can reach up to 100% on American contracts and 85% on European contracts, which also allow a partial refund if contracts are closed early. CFD Trading Forex Trading Crypto Trading |
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 Forex Trading Crypto Trading |
| Awards |
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| Bonus | 100% Deposit Bonus | None |
| Instruments | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts | Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades |
| Demo Account | Yes | Yes |
| Minimum Deposit | $1 | $10 |
| Minimum Trade | 0.01 Lots | $1 |
| Expiry Times | 1 minute - 7 days | 5 seconds - 23 hours |
| Ladder Binary Options | No | No |
| Boundary Binary Options | No | No |
| Payment Methods |
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| Regulator | SVGFSA | VFSC |
| Mobile Apps | iOS, Android + Web Browser | Android & Windows |
| Mobile Trading | The WorldForex Trader Lite app provides limited mobile trading functions. It takes over 30 minutes to access the app due to a complicated account setup. The mobile interface is outdated and includes basic charts and order windows. It also operates slowly and may lag when switching features or placing trades. Overall, it is behind top competitors. | |
| Auto Trading | Yes | |
| Copy Trading | Yes | No |
| Social Trading | No | No |
| Margin Trading | Yes | No |
| MetaTrader 4 | Yes | No |
| MetaTrader 5 | Yes | 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 | Yes | No |
| ECN Account | Yes | 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 | Yes | No |
| Trade Signals | Yes | |
| VPS Hosting | Yes | No |
| Tournaments | Yes | No |
| Demo Competitions | Yes | No |
| Ethical Investing | No | No |
| Islamic Account | Yes | Yes |
| Account Currencies | USD, EUR, RUB | USD |
| Stock Exchanges |
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| Commodities |
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| CFD Trading | Yes | Yes |
| CFD Leverage | 1:1000 | |
| CFD FTSE Spread | NA | |
| CFD GBPUSD Spread | NA | |
| CFD Oil Spread | NA | |
| CFD Stocks Spread | From 0.03 | |
| Forex Trading | Yes | Yes |
| Forex GBPUSD Spread | From 0.6 | |
| Forex EURUSD Spread | From 0.6 | 1.1 |
| Forex EURGBP Spread | From 0.6 | |
| Forex Assets | 53 | 30+ |
| Crypto Trading | Yes | Yes |
| Crypto Spread | Variable | |
| Crypto Coins |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Crypto Auto Market Maker | No | No |
|
United States accepted |
United States NOT accepted |