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IQ Option Vs Olymp Trade – Which one is perfect for you?

(Last Updated On: 9th March 2021)

Hello…folks in this article I am going to talk about the two most popular trading platforms i.e IQ Option and Olymp Trade.

First of all, a hearty congratulations and best wishes for your new trading journey.

I can truly understand how important it is to select a perfect trading platform.

Therefore, In this article, I am going to compare these two platforms IQ Option Vs Olymp Trade in depth.

This article will surely help you in deciding which platform is better and perfect for you.

I will compare these two platforms on the basis of:

  • How long the broker has been operational
  • Regulatory bodies
  • Active Traders
  • Minimum deposit and payout
  • Payment Methods
  • Return on Assets
  • Account Types
  • Customer Support
  • Ease of Trading
  • Beginner-friendly & more

Olymp Trade

Olymp Trade is one of the most popular trading platforms. The company was founded in 2014 and is located in Saint Vincent.

The company is Cyprus-based and is regulated by the Financial Commission also known as Finacom.

In case you don’t know:

Finacom is an independent self-regulatory organization and EDR (external dispute regulation) body that is dedicated especially to Forex.

The financial commission ensures that the traders and brokers are getting disputes resolved in a quick, efficient, and unbiased, and authentic manner while making sure that they walk away with well-founded answers, thus contributing to their overall knowledge about Forex and Contracts for difference (CFD).

Talking about Olymp Trade active traders, According to the Olymp Trade website Olymp Trade has about 2,2,00,00 Traders trading in the real account up to the month of February 2019.

Olymp Trade offers 4 types of accounts i.e Demo, Real, VIP, Meta trading account with over 80 assets to trade.

A demo account is made for beginners who want to learn trading while you can trade with real money in the Real account

Taking about, Vip account you need to make at least $2000 minimum deposit and you will get access to many features like risk-free trades, personal consultant & more.

Hurry Up!! Join Olymp Trade Today & Get 100% Bonus on Deposit

Signing up is free & takes 5 secs only…

 

IQ Option

IQ Option does not differ too much from Olymp Trade. The company was founded in 2013 and located in Russia.

The company is regulated by CYSEC (Cyprus Securities and Exchange Commission)

In case you don’t know:

CYSEC was launched in 2001.

One of the main responsibilities of CYSEC is to supervise and control the operation of the Cyprus Stock Exchange and the transactions carried out in the Stock Exchange, its listed companies, Brokers, and Brokerage firms & more.

Talking about IQ Option active traders, IQ Option has over 25 million users with a monthly trading volume of 360 million.

IQ Option offers three types of accounts Demo, Real, & VIP.

A demo account is made for beginners who want to learn trading while you can trade with real money in the Real account.

Talking about VIP account, you need to make at least a $1900 minimum deposit and you will get access to many hot features like VIP customer support. FREE EBOOKS & more.

 

Hurry Up!! Join Iq Option Today & Get Up to 100% Bonus on Deposit

Signing up is free & takes 5 secs only…

IQ Option Vs Olymp Trade – Which one is perfect for you?

Key Olymp Trade IQ Option Winner
  • How long the broker has been operational

 

The company was founded in 2014 and is located in Saint Vincent. The company was founded in 2013 and located in Russia. NIL
  • Regulatory bodies

 

The company is Cyprus-based and is regulated by the Financial Commission also known as Finacom. The company is regulated by CYSEC (Cyprus Securities and Exchange Commission) NIL
  • Active Traders

 

Talking about Olymp Trade active traders, According to the Olymp Trade website Olymp Trade has about 2,2,00,00 Traders trading in the real account up to the month of February 2019. Talking about IQ Option active traders, IQ Option has over 25 million users with a monthly trading volume of 360 million. IQ Option
  • Account Types

 

Olymp Trade offers 4 types of accounts i.e Demo, Real, VIP, Meta trading account with over 80 assets to trade. IQ Option offers three types of accounts Demo, Real, & VIP. Olymp Trade
  • Return on Assets

 

Olymp Trade offers an 80%-92% return on assets.

Depending on assets, volatility & more

IQ Option offers a 65%-95% return on assets.

Depending on assets, volatility & more

Olymp Trade
  • Payment Methods

 

Olymp Trade accepts up to 10 payment methods like Skrill, Globepay & more. IQ Option accepts up to 20 payment methods like Skrill, Globepay & more. IQ Option
  • Customer Support

 

Olymp Trade has a great customer support IQ Option has a great customer support TIE
  • Ease of Trading

 

Trading in Olymp trade is really easy and simplified.

You can start  trading for as low as $10

Trading in IQ Option is really easy and simplified.

You can start  trading for as low as $10

TIE
  • Beginner-friendly

 

Olymp Trade is designed especially for Beginners and is Beginners friendly. Beginners in IQ Option might face trouble However, you can contact customer support they will always help you. Olymp Trade

 

 

 

 

 

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