Comparison of Nadex and Olymp Trade
| Feature | Nadex | Olymp Trade |
|---|---|---|
| Broker | ||
| Year Founded | 2009 | 2014 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Instant | Instant |
| Regulation | CFTC | VFSC |
| Platforms | Nadex Web Platform, NadexGo™ (iOS, Android) | Olymp Trade |
| Spread | - N/A | ⬈ High |
| Maximum Leverage | 1:1 | 1:500 |
| Minimum Deposit | $1 | $10 |
| Base Currencies | USD | USD, EUR, USDT |
| Funding Methods | Debit Card, ACH Bank Transfer, Wire Transfer | 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 12 months of inactivity | $10 per month after 3 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | Wire withdrawal $25 | ✖ |
| Investor Protection | - | FinancialCommission.org |
| Protection Size | - | €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, Commodities, Indices, Cryptocurrencies | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite |
| Review | Nadex Review | Olymp Trade Review |
About Nadex
Nadex (North American Derivatives Exchange) is the only US-based retail exchange offering fully regulated binary options, call spreads, and knock-out contracts. Regulated by the CFTC, Nadex matches orders on an exchange order book, so you trade directly with other participants rather than against the broker. Contracts are cash-settled at $0 or $100, ensuring strictly limited risk, and accounts can be opened with no minimum deposit. Since 2022 Nadex has been part of the Crypto.com group, aiming to expand access to innovative derivatives products while maintaining compliance with US regulations.
Pros
- CFTC-regulated US exchange
- No minimum deposit; $1 minimum contract size
- Transparent, low fees – $1 per side, capped at $50
- Proprietary web & mobile platforms with free real-time data
- Fixed-risk contracts eliminate negative balance risk
- Free unlimited demo account
Cons
- Available mainly to US residents; many states/countries restricted
- Only short-term binary products – no traditional spot FX or CFDs
- Wire withdrawals incur a $25 fee
- No MetaTrader or third-party algorithmic trading 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
Nadex & Olymp Trade Regulation
| Feature | Nadex | Olymp Trade |
|---|---|---|
Companies | North American Derivatives Exchange, Inc. (Crypto.com group) | Aollikus Limited, Visepoint Limited, Martique Limited |
Countries | United States | Vanuatu, Malta, Cyprus |
Regulators | CFTC | VFSC |
Investor Protection | - | FinancialCommission.org |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Nadex | Olymp Trade |
|---|---|---|
Market Maker Account | ||
| Account Name | — | Forex |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Fixed |
| Execution | — | Instant |
| Min Spread | — | 2 |
| Fee | — | $8 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 100% |
| Margin Call | — | 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 | $1 | $10 |
| Option Types | Binary Options, Call Spreads, Knock-Outs | Call/Put (FTT), Quickler |
| Minimum Stake | $1 | $1 |
| Payout | from 0% to 100% | from 10% to 93% |
| Expiration Time | from 5 minutes to 24 hours | from 5 seconds to 23 hours |
Funding and Fees
| Feature | Nadex | Olymp Trade |
|---|---|---|
Base currencies | USD | USD, EUR, USDT |
Deposit and withdrawal methods | Debit Card, ACH Bank Transfer, Wire Transfer | 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 12 months of inactivity | $10 per month after 3 months |
Interest on margin | ||
Withdrawal fee | Wire withdrawal $25 |
Trading Platforms and Conditions
| Feature | Nadex | Olymp Trade |
|---|---|---|
Trading Platforms | Nadex Web Platform, NadexGo™ (iOS, Android) | Olymp Trade |
Execution Speed | 50 ms | 80 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | N/A | high |
Trading Assets
| Asset | Nadex | Olymp Trade |
|---|---|---|
Currencies | 11 | 28 |
Indices | 5 | 11 |
Stocks | 0 | 33 |
Cryptocurrencies | 18 | 19 |
Bonds | 0 | 0 |
Metals | 2 | 2 |
Energies | 2 | 1 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 6 |
Education and Analytics
| Feature | Nadex | Olymp Trade |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Nadex | Olymp Trade |
|---|---|---|
Email | customerservice@nadex.com | support-en@olymptrade.com |
Phone | +1312-884-0100 | — |
Telegram | — | Telegram |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Which Broker is Better?
After comparing Nadex 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.