Comparison of Alpari and Olymp Trade
| Feature | Alpari | Olymp Trade |
|---|---|---|
| Broker | ||
| Year Founded | 1998 | 2014 |
| Broker Type | ECN, MM | MM |
| Dealing | A-book, B-book | B-book |
| Execution | Market | Instant |
| Regulation | MISA, NBRB | VFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Olymp Trade |
| Spread | ⮕ Average | ⬈ High |
| Maximum Leverage | 1:3000 | 1:500 |
| Minimum Deposit | $50 | $10 |
| Base Currencies | USD, EUR | USD, EUR, USDT |
| Funding Methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Visa/MasterCard, Maestro, UnionPay, Bank Wire, Neteller, Skrill, WebMoney, Perfect Money, Volet.com, Binance Pay, Bitcoin (BTC), Tether (USDT), Shiba Inu (SHIB), Dogecoin (DOGE), Solana (SOL), Polygon (MATIC), Dai (DAI), Binance Coin (BNB), TRON (TRX), USD Coin (USDC), XRP (XRP) |
| Inactivity Fee | $5 per month after 6 months | $10 per month after 3 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Financialcommission.org | FinancialCommission.org |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✖ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite |
| Review | Alpari Review | Olymp Trade Review |
About Alpari
Alpari is one of the most established names in the Forex trading world, with a history dating back to 1998. The broker has built a solid reputation, particularly among traders in emerging markets, for offering a broad range of financial instruments and account types that cater to both beginners and experienced traders. Alpari provides access to Forex, commodities, indices, and cryptocurrencies, with platform options including MetaTrader 4 and MetaTrader 5, two of the most popular trading platforms globally. The broker also offers social trading features, allowing clients to copy the strategies of more experienced traders. With a long track record and diverse offerings, Alpari aims to deliver flexibility and convenience. Additionally, Alpari offers multiple deposit and withdrawal methods, which is a major advantage for traders worldwide. However, it is important to note that while Alpari has a strong presence in many regions, it is not regulated by top-tier authorities, which may be a concern for some traders. Despite this, Alpari maintains a significant customer base and continues to attract clients with its competitive spreads and educational resources.
Pros
- Established broker with over two decades of experience in the industry
- Provides MetaTrader 4 and MetaTrader 5 platforms
- Offers a PAMM feature for those interested in investing
- Comprehensive research and educational resources
- Competitive spreads and flexible leverage options
- Multiple payment methods for deposits and withdrawals
Cons
- Lack of regulation from top-tier financial authorities
- Customer support quality may vary depending on the region
- No proprietary trading platform available
About Olymp Trade
Olymp Trade is a multi-asset broker founded in 2014 and best known for its low $10 entry threshold, proprietary all-in-one platform and dual modes: Fixed-Time Trades (FTT) and Forex. The broker is a Category A member of the International Financial Commission, giving clients access to a €20 000 compensation fund in case of disputes. Although not overseen by top-tier regulators, Olymp Trade attracts beginners with an unlimited demo, negative-balance protection and more than 100 instruments across seven markets. At the same time, higher trading costs on Forex contracts and geo-restrictions for US, UK and most EU residents limit its appeal to seasoned professionals.
Pros
- Ultra-low $10 minimum deposit and $1 trade size
- Proprietary web, desktop and mobile platform with intuitive UI
- Membership of the Financial Commission with €20 000 compensation
- Unlimited, refillable demo account
- Over 100 instruments across 7 asset classes
- Negative balance protection and fast withdrawals
Cons
- No MT4/MT5 or cTrader support
- Not regulated by FCA, ASIC or CySEC
- Forex mode charges commission on each trade
Alpari & Olymp Trade Regulation
| Feature | Alpari | Olymp Trade |
|---|---|---|
Companies | Alpari (Comoros) Ltd, Alpari Eurasia LLC | Aollikus Limited, Visepoint Limited, Martique Limited |
Countries | Comoros, Belarus | Vanuatu, Malta, Cyprus |
Regulators | MISA, NBRB | VFSC |
Investor Protection | Financialcommission.org | FinancialCommission.org |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alpari | Olymp Trade |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | Forex |
| Min Deposit | $50 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Fixed |
| Execution | Market | Instant |
| Min Spread | 0.3 | 2 |
| Fee | No | $8 per 1 lot |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 20% | 100% |
| Margin Call | 50% | 100% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $300 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $5 per 1 lot | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Fix-Contracts | Fixed Time |
| Minimum Deposit | $50 | $10 |
| Option Types | Call/Put, Touch, Range, Spread, Turbo, Express | Call/Put (FTT), Quickler |
| Minimum Stake | $1 | $1 |
| Payout | from 40% to 95% | from 10% to 93% |
| Expiration Time | from 5 seconds to 1 day | from 5 seconds to 23 hours |
Funding and Fees
| Feature | Alpari | Olymp Trade |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, USDT |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Visa/MasterCard, Maestro, UnionPay, Bank Wire, Neteller, Skrill, WebMoney, Perfect Money, Volet.com, Binance Pay, Bitcoin (BTC), Tether (USDT), Shiba Inu (SHIB), Dogecoin (DOGE), Solana (SOL), Polygon (MATIC), Dai (DAI), Binance Coin (BNB), TRON (TRX), USD Coin (USDC), XRP (XRP) |
Inactivity fee | $5 per month after 6 months | $10 per month after 3 months |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Alpari | Olymp Trade |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Olymp Trade |
Execution Speed | 0.1 ms | 80 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | high |
Trading Assets
| Asset | Alpari | Olymp Trade |
|---|---|---|
Currencies | 46 | 28 |
Indices | 12 | 11 |
Stocks | 631 | 33 |
Cryptocurrencies | 9 | 19 |
Bonds | 0 | 0 |
Metals | 2 | 2 |
Energies | 3 | 1 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 6 |
Education and Analytics
| Feature | Alpari | Olymp Trade |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alpari | Olymp Trade |
|---|---|---|
Email | support@alpari.im | support-en@olymptrade.com |
Phone | +44 2045 771951 | — |
Telegram | — | Telegram |
Facebook | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | — | |
TikTok | — | TikTok |
Which Broker is Better?
After comparing Alpari and Olymp Trade, Olymp Trade comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.