Comparison Olymp Trade vs Plus500

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Olymp Trade vs Plus500. Is Olymp Trade or Plus500 a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Now, let’s compare commission fees in Forex, the commission fee of Olymp Trade is starts at 0 pips, and the commission fee of Plus500 is from 0.6 pips. We can also analyze commission fees for trading CFD: they are 0 pips for ECN in Olymp Trade vs from 0.065% in Plus500. You can read more detailed information on commission fees in the online broker reviews.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Olymp Trade provides customers with Options Trading, and Plus500 provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading. As for platforms, Olymp Trade offers Web Platform, Android App, iOS App, while Plus500 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. Olymp Trade was founded in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. And Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. We can withdraw funds from Olymp Trade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Plus500 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. The time for withdrawal in Olymp Trade is 1 - 5 business days, and that one in Plus500 is 1-2 working days.

Overall, Olymp Trade boasts 4 stars versus Plus500 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Olymp Trade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Plus500
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
Olymp Trade
Stock
N/A
ETFs
N/A
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
Starts at 0 pips
CFDs
0 pips for ECN
Futures
N/A
Metals
N/A
Cryptocurrency
N/A
Plus500
Stock
From 0.45%
ETFs
From £0
Options
From 2 pips
Mutual Funds
-
Bonds
-
Forex Spreads
From 0.6 pips
CFDs
From 0.065%
Futures
From 0.03%
Metals
From 0.03%
Cryptocurrency
From 0.47%

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading
Olymp Trade
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading
Plus500
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading

Platforms

Platforms
Web Platform
Olymp Trade
Web Platform
Plus500
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Olymp Trade
Research & Analysis
Education
Demo account
Plus500
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Olymp Trade
Android App
iOS App
Plus500
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
Olymp Trade
Minimum deposit
$10
Bank Wire
Visa/Mastercard
PayPal
Plus500
Minimum deposit
£100
Bank Wire
Visa/Mastercard
PayPal

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Olymp Trade
Bank Wire
Visa/Mastercard
Withdrawal Time
1 - 5 business days
Withdrawal Fee
Free
Plus500
Bank Wire
Visa/Mastercard
Withdrawal Time
1-2 working days
Withdrawal Fee
£0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Olymp Trade
Сountry of Origin
St. Vincent and the Grenadines
Year Founded
2014
Regulated By
Not Regulated
Plus500
Сountry of Origin
Israel
Year Founded
2008
Regulated By
FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Olymp Trade
Phone
+27 (21) 1003880
Email
support-en@olymptrade.com
Live Chat
No
Plus500
Phone
-
Email
Yes
Live Chat
Yes

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