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Comparison IronFX vs Olymp Trade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IronFX vs Olymp Trade. Is IronFX or Olymp Trade a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. 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, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IronFX and Options Trading are provided by Olymp Trade. Concerning the platforms, IronFX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Olymp Trade uses 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. IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. And Olymp Trade was founded in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. Withdrawal of funds from IronFX can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Olymp Trade provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The time for withdrawal in IronFX is 1 - 5 business days, and that one in Olymp Trade is 1 - 5 business days.
Overall, IronFX boasts 4.8 stars versus Olymp Trade 4 stars.