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Home Trading Forex Trading IQ Option Or Olymp Trade: Which is best in 2021

IQ Option Or Olymp Trade: Which is best in 2021

  • ShaelShael
  • October 21, 2021
  • Forex Trading

Table of Contents

  • Introduction
  • Olymp Trade
  • IQ Option

Introduction

Olymp Trade And IQ Option both are real competitors in option brokers. Mostly new traders are little confused about which trading platform you should choose.

Skilltraderz will help you in it. Today we are comparing the best forex or options trading platforms who worth investing in. Before joining any broker you must consider these things to keep safe from scammers. As there are lots of scammers roaming in the market to steal your hard earn money. Keep these points in mind:

  1. How long the broker has been operational
  2. Active traders
  3. The regulatory body monitoring the broker’s activities
  4. Account types offered
  5. Types of assets offered
  6. Returns on trades (options)
  7. Payment methods accepted
  8. Deposits and withdrawals
  9. Accessibility
  10. Support
  11. Additional features

To make you understand easily we prepare this short table.

Olymp Trade

IQ Option

Olymp Trade Offer Fixed time trades over a huge range of markets. Established in 2014, the firm now boasts over 25k active traders each day.Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreads or trade digital options with payouts up to 900%.
India Flag Traders from India acceptedIndia Flag Traders from India accepted
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 – BinaryOptions.net
Best Binary Broker 2021 – DayTrading.com
Bonus
NoneNone
Instruments
Fixed Time TradesStocks, Digital Options, CFD, Forex, Crypto, Binary Options
Demo Account
YesYes
Minimum Deposit
€/$10$10
Payment Methods
Doku Wallet, Skrill, Yandex MoneyADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money
Minimum Trade
€/$10.001 lots
Regulator
FinaComCySEC
Margin Trading
NoYes
Margin Rate
0.2%
MetaTrader 4
NoNo
MetaTrader 5
NoNo
cTrader
NoNo
STP Account
NoNo
ECN Account
NoNo
DMA Account
NoNo
Mobile Apps
iOS, Android and WindowsiOS, Android and Windows
Auto Trading
NoNo
Trade Signals
NoYes
Social Trading
NoNo
Copy Trading
NoNo
Islamic Account
YesYes
Account Currencies
–USD, EUR, GBP, ZAR
CFD
CFD trading not offered
Leverage
1:30 EU, 1:500
FTSE Spread
GBPUSD Spread
1
Oil Spread
2.3
Stocks Spread
2
Forex
Forex trading not offeredIQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do not excel in this area
GBPUSD Spread
5 pips
EURUSD Spread
14 pips
EURGBP Spread
15 pips
Assets
120
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets.
Spread
BTC 7%, ETH 12% (Var)
Coins
BTC, TRX, XRP, BCH, ETH, EOS, OMG, ETC, QTUM, ZEC, LTC, DASH
Binary Options
IQ Option lead the way in binary options and digital trading. The best platform, with the lowest minimum deposit
Payout
91%

Read Full Olymp Trade Review Here!

Read Full IQ Options Review Here!

Open Olymp Trade Account Now!
Open IQ Option Account Now!

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