Comparison Olymp Trade vs XTB
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Olymp Trade vs XTB. Which of them: Olymp Trade or XTB a better online broker?
First of all, we’ll compare the commission fees of the two brokers. 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 XTB provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. Concerning the platforms, Olymp Trade uses Web Platform, Android App, iOS App, while XTB uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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 established in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. And XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. Withdrawal of funds from Olymp Trade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And XTB provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in Olymp Trade is 1 - 5 business days, and that one in XTB is n/A.
As a result, the rating of Olymp Trade is 4 stars versus that of XTB of 4.3 stars.