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Comparison IFC Markets vs Olymp Trade
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IFC Markets vs Olymp Trade. Which of them: IFC Markets or Olymp Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. 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, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Options Trading are provided by Olymp Trade. Concerning the platforms, IFC Markets uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while Olymp Trade uses Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. IFC Markets was established in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And Olymp Trade was established in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. Withdrawal of funds from IFC Markets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of fees vary. And Olymp Trade provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for IFC Markets is 1 - 5 business days, and that one for Olymp Trade is 1 - 5 business days.
As a result, the rating of IFC Markets is 4.8 stars versus that of Olymp Trade of 4 stars.