Comparison of Exness and Olymp Trade
| Feature | Exness | Olymp Trade |
|---|---|---|
| Broker | ||
| Year Founded | 2008 | 2014 |
| Broker Type | MM, STP, ECN | MM |
| Dealing | A-book, B-book | B-book |
| Execution | Market | Instant |
| Regulation | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | VFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Olymp Trade |
| Spread | ⬊ Low | ⬈ High |
| Maximum Leverage | 1:2000 | 1:500 |
| Minimum Deposit | $10 | $10 |
| Base Currencies | USD, EUR, RUB, GBP, AUD, CHF, JPY, ZAR, NZD, SGD, CAD, HKD, CNY, UAH, MYR, IDR, THB, VND, KWD, AED, HUF, MXN, NGN, JOD, ARS, AZN, BDT, BHD, BND, EGP, BRL, GHS, INR, KES, KRW, KZT, MAD, OMR, PHP, PKR, QAR, SAR, UGX, UZS, XOF, ILS | USD, EUR, USDT |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money | 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 | ✖ | $10 per month after 3 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | FinancialCommission.org |
| Protection Size | £85 000 / €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 | Exness Review | Olymp Trade Review |
About Exness
Exness is a well-established forex and CFD broker that has been serving traders globally since 2008. Renowned for its transparency and client-centric approach, Exness offers a diverse range of trading instruments, including currency pairs, commodities, cryptocurrencies, and indices. The broker is regulated by reputable authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC), providing traders with a secure and trustworthy trading environment. One of the key strengths of Exness is its competitive trading conditions. Traders benefit from tight spreads, low commissions, and fast execution speeds, which are crucial for successful trading. Exness provides access to the popular MetaTrader 4 and MetaTrader 5 platforms, catering to both novice and experienced traders with advanced tools and features. The broker also offers responsive customer support available in multiple languages, ensuring assistance is readily available when needed. However, it's important to note that Exness does not accept clients from certain countries due to regulatory restrictions. While the broker offers a solid range of trading instruments, some traders may find the selection less extensive compared to other brokers. Additionally, educational resources and market analysis tools are somewhat limited, which might not fully meet the needs of traders seeking comprehensive educational support.
Pros
- Provides a secure trading environment
- Tight spreads and fast execution
- Suits different trading styles and experience levels
- Access to MT4 and MT5 with advanced features
- Assistance available in multiple languages
- Includes forex, commodities, cryptocurrencies, and indices
Cons
- Does not accept clients from certain countries
- Fewer educational materials compared to some competitors
- Less extensive selection than some other brokers
- No proprietary or alternative platforms offered
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
Exness & Olymp Trade Regulation
| Feature | Exness | Olymp Trade |
|---|---|---|
Companies | Exness (UK) Ltd, Nymstar Limited, Vlerizo (Pty) Ltd, Tortelo Limited, Venico Capital Limited, Exness (Cy) Ltd, Exness B.V., Tadenex Limited | Aollikus Limited, Visepoint Limited, Martique Limited |
Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Vanuatu, Malta, Cyprus |
Regulators | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | VFSC |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | FinancialCommission.org |
Investor Protection Size | £85 000 / €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Exness | Olymp Trade |
|---|---|---|
Market Maker Account | ||
| Account Name | Pro | Forex |
| Min Deposit | $200 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Fixed |
| Execution | Market | Instant |
| Min Spread | 0.1 | 2 |
| Fee | No | $8 per 1 lot |
| Max Leverage | 1:2000 | 1:500 |
| Stop Out | 0% | 100% |
| Margin Call | 30% | 100% |
STP Account | ||
| Account Name | Standard | — |
| Min Deposit | $10 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.3 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 0% | — |
| Margin Call | 60% | — |
ECN Account | ||
| Account Name | Raw Spread | — |
| Min Deposit | $200 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $7 per 1 lot | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 0% | — |
| Margin Call | 30% | — |
Zero Account | ||
| Account Name | Zero | — |
| Min Deposit | $200 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $7 per 1 lot | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 0% | — |
| Margin Call | 30% | — |
Cent Account | ||
| Account Name | Standard Cent | — |
| Min Deposit | $10 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.3 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 0% | — |
| Margin Call | 60% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | — | Fixed Time |
| Minimum Deposit | — | $10 |
| Option Types | — | Call/Put (FTT), Quickler |
| Minimum Stake | — | $1 |
| Payout | — | from 10% to 93% |
| Expiration Time | — | from 5 seconds to 23 hours |
Funding and Fees
| Feature | Exness | Olymp Trade |
|---|---|---|
Base currencies | USD, EUR, RUB, GBP, AUD, CHF, JPY, ZAR, NZD, SGD, CAD, HKD, CNY, UAH, MYR, IDR, THB, VND, KWD, AED, HUF, MXN, NGN, JOD, ARS, AZN, BDT, BHD, BND, EGP, BRL, GHS, INR, KES, KRW, KZT, MAD, OMR, PHP, PKR, QAR, SAR, UGX, UZS, XOF, ILS | USD, EUR, USDT |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money | 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 | $10 per month after 3 months | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Exness | Olymp Trade |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Olymp Trade |
Execution Speed | 10 ms | 80 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | high |
Trading Assets
| Asset | Exness | Olymp Trade |
|---|---|---|
Currencies | 95 | 28 |
Indices | 10 | 11 |
Stocks | 98 | 33 |
Cryptocurrencies | 11 | 19 |
Bonds | 0 | 0 |
Metals | 15 | 2 |
Energies | 3 | 1 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 6 |
Education and Analytics
| Feature | Exness | Olymp Trade |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Exness | Olymp Trade |
|---|---|---|
Email | support@exness.com | support-en@olymptrade.com |
Phone | +35725030959 | — |
Telegram | — | Telegram |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Which Broker is Better?
After comparing Exness and Olymp Trade, Exness 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.
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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.