Comparison of IQ Option and Olymp Trade
| Feature | IQ Option | Olymp Trade |
|---|---|---|
| Broker | ||
| Year Founded | 2013 | 2014 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Market | Instant |
| Regulation | CySEC, SVGFSA | VFSC |
| Platforms | Quadcode | Olymp Trade |
| Spread | ⮕ Average | ⬈ High |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $10 | $10 |
| Base Currencies | USD, EUR, GBP, RUB | USD, EUR, USDT |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) | 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 90 days | $10 per month after 3 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | $30 on bank wire; other methods free | ✖ |
| Investor Protection | ICF | 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, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite |
| Review | IQ Option Review | Olymp Trade Review |
About IQ Option
IQ Option is a regulated broker founded in 2013. It combines its own award-winning platform with a low $10 entry threshold and $1 trade size, offering 300+ instruments across CFDs and fixed-time options. The broker attracts both beginners and active traders with an intuitive interface, rich charting toolkit and 24/7 multilingual support. While spreads are competitive, availability is limited in a number of jurisdictions and binary options remain high-risk.
Pros
- Low $10 minimum deposit and $1 trade size
- Proprietary platform with 100+ indicators and built-in news feed
- Wide range of instruments (300+), incl. 25+ crypto CFDs
- Free practice account with $10 000 virtual funds
- Fast withdrawals (1-3 days) and many funding methods
- CySEC regulation and segregated client funds
Cons
- Binary options classified as high-risk in many countries
- Inactivity fee after 90 days
- Higher spreads than ECN brokers; no MT4/MT5 support
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
IQ Option & Olymp Trade Regulation
| Feature | IQ Option | Olymp Trade |
|---|---|---|
Companies | IQ Option Europe Ltd, IQ Option LLC | Aollikus Limited, Visepoint Limited, Martique Limited |
Countries | Cyprus, Saint Vincent and the Grenadines | Vanuatu, Malta, Cyprus |
Regulators | CySEC, SVGFSA | VFSC |
Investor Protection | ICF | FinancialCommission.org |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
IQ Option
IQ Option Europe Ltd, IQ Option LLC
Olymp Trade
Aollikus Limited, Visepoint Limited, Martique Limited
Countries
IQ Option
Cyprus, Saint Vincent and the Grenadines
Olymp Trade
Vanuatu, Malta, Cyprus
Regulators
IQ Option
CySEC, SVGFSA
Olymp Trade
VFSC
Investor Protection
IQ Option
ICF
Olymp Trade
FinancialCommission.org
Investor Protection Size
IQ Option
€20 000
Olymp Trade
€20 000
Publicly Traded
IQ Option
Olymp Trade
Segregated Accounts
IQ Option
Olymp Trade
Guaranteed Stop Loss
IQ Option
Olymp Trade
Negative Balance Protection
IQ Option
Olymp Trade
Account Types
| Account | IQ Option | Olymp Trade |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | Forex |
| Min Deposit | $10 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Fixed |
| Execution | Market | Instant |
| Min Spread | 0.5 | 2 |
| Fee | No | $8 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 100% |
| Margin Call | 100% | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Binary Options | Fixed Time |
| Minimum Deposit | $10 | $10 |
| Option Types | Call/Put, Turbo, Digital Options | Call/Put (FTT), Quickler |
| Minimum Stake | $1 | $1 |
| Payout | from 55% to 95% | from 10% to 93% |
| Expiration Time | from 30 seconds to 30 days | from 5 seconds to 23 hours |
Market Maker Account
Account Name
IQ Option
Standard
Olymp Trade
Forex
Min Deposit
IQ Option
$10
Olymp Trade
$10
Lot Size
IQ Option
0.01
Olymp Trade
0.01
Spread Type
IQ Option
Floating
Olymp Trade
Fixed
Execution
IQ Option
Market
Olymp Trade
Instant
Min Spread
IQ Option
0.5
Olymp Trade
2
Fee
IQ Option
No
Olymp Trade
$8 per 1 lot
Max Leverage
IQ Option
1:500
Olymp Trade
1:500
Stop Out
IQ Option
50%
Olymp Trade
100%
Margin Call
IQ Option
100%
Olymp Trade
100%
Additional Features
Demo Account
IQ Option
Olymp Trade
VIP Account
IQ Option
Olymp Trade
Swap-Free Account
IQ Option
Olymp Trade
Copy Trading
IQ Option
Olymp Trade
VPS
IQ Option
Olymp Trade
PAMM/MAM Accounts
IQ Option
Olymp Trade
Binary Options
Account
IQ Option
Binary Options
Olymp Trade
Fixed Time
Minimum Deposit
IQ Option
$10
Olymp Trade
$10
Option Types
IQ Option
Call/Put, Turbo, Digital Options
Olymp Trade
Call/Put (FTT), Quickler
Minimum Stake
IQ Option
$1
Olymp Trade
$1
Payout
IQ Option
from 55% to 95%
Olymp Trade
from 10% to 93%
Expiration Time
IQ Option
from 30 seconds to 30 days
Olymp Trade
from 5 seconds to 23 hours
Funding and Fees
| Feature | IQ Option | Olymp Trade |
|---|---|---|
Base currencies | USD, EUR, GBP, RUB | USD, EUR, USDT |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) | 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 90 days | $10 per month after 3 months |
Interest on margin | ||
Withdrawal fee | $30 on bank wire; other methods free |
Base currencies
IQ Option
USD, EUR, GBP, RUB
Olymp Trade
USD, EUR, USDT
Deposit and withdrawal methods
IQ Option
Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT)
Olymp Trade
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
IQ Option
$10 per month after 90 days
Olymp Trade
$10 per month after 3 months
Interest on margin
IQ Option
Olymp Trade
Withdrawal fee
IQ Option
$30 on bank wire; other methods free
Olymp Trade
Trading Platforms and Conditions
| Feature | IQ Option | Olymp Trade |
|---|---|---|
Trading Platforms | Quadcode | Olymp Trade |
Execution Speed | 10 ms | 80 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | high |
Trading Platforms
IQ Option
Quadcode
Olymp Trade
Olymp Trade
Execution Speed
IQ Option
10 ms
Olymp Trade
80 ms
Scalping
IQ Option
Olymp Trade
Expert Advisors (EAs)
IQ Option
Olymp Trade
Depth of Market (DOM)
IQ Option
Olymp Trade
Spread
IQ Option
average
Olymp Trade
high
Trading Assets
| Asset | IQ Option | Olymp Trade |
|---|---|---|
Currencies | 63 | 28 |
Indices | 12 | 11 |
Stocks | 379 | 33 |
Cryptocurrencies | 26 | 19 |
Bonds | 0 | 0 |
Metals | 3 | 2 |
Energies | 3 | 1 |
Soft Commodities | 3 | 0 |
ETFs | 22 | 6 |
Currencies
IQ Option
63
Olymp Trade
28
Indices
IQ Option
12
Olymp Trade
11
Stocks
IQ Option
379
Olymp Trade
33
Cryptocurrencies
IQ Option
26
Olymp Trade
19
Bonds
IQ Option
0
Olymp Trade
0
Metals
IQ Option
3
Olymp Trade
2
Energies
IQ Option
3
Olymp Trade
1
Soft Commodities
IQ Option
3
Olymp Trade
0
ETFs
IQ Option
22
Olymp Trade
6
Education and Analytics
| Feature | IQ Option | Olymp Trade |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
IQ Option
Olymp Trade
Indicators
IQ Option
Olymp Trade
Robots
IQ Option
Olymp Trade
Signals
IQ Option
Olymp Trade
Autochartist
IQ Option
Olymp Trade
Expert Analytics
IQ Option
Olymp Trade
News Feed
IQ Option
Olymp Trade
Education Articles
IQ Option
Olymp Trade
Webinars
IQ Option
Olymp Trade
Seminars
IQ Option
Olymp Trade
Contests
| Feature | IQ Option | Olymp Trade |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
Demo Contests
Is available
IQ Option
Olymp Trade
Contests List
IQ Option
- Weekend TreatStart Balance: $100 · Prize Pool: $1500 · Period: WeeklyLearn More
- Salary in a DayStart Balance: $100 · Prize Pool: $3,000 · Period: WeeklyLearn More
- Austin 1000Start Balance: $1000 · Prize Pool: $1000 · Period: WeeklyLearn More
- IQ LaunchStart Balance: $100 · Prize Pool: $10000 · Period: WeeklyLearn More
- 72 HoursStart Balance: $100 · Prize Pool: $5000 · Period: Every 2 WeeksLearn More
Olymp Trade
—
Customer Support
| Contact | IQ Option | Olymp Trade |
|---|---|---|
Email | support@iqoption.com | support-en@olymptrade.com |
Phone | +35724257707 | — |
Telegram | — | Telegram |
Facebook | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Email
IQ Option
Olymp Trade
Phone
IQ Option
Olymp Trade
—
Telegram
IQ Option
—
Olymp Trade
Facebook
IQ Option
—
Olymp Trade
TikTok
IQ Option
—
Olymp Trade
Which Broker is Better?
After comparing IQ Option and Olymp Trade, IQ Option 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.