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Comparison AvaTrade vs Olymp Trade
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AvaTrade vs Olymp Trade. Which of them: AvaTrade or Olymp Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Olymp Trade is none. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided to customers by AvaTrade and Options Trading are provided by Olymp Trade. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Olymp Trade offers Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Olymp Trade was established in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Olymp Trade provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in AvaTrade is 1 - 2 business days, and that one in Olymp Trade is 1 - 5 business days.
Overall, AvaTrade boasts 4.8 stars versus Olymp Trade 4 stars.