Comparison of Olymp Trade and RaceOption
| Feature | Olymp Trade | RaceOption |
|---|---|---|
| Broker | ||
| Year Founded | 2014 | 2017 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Instant | Instant |
| Regulation | VFSC | - |
| Platforms | Olymp Trade | RaceOption |
| Spread | ⬈ High | - N/A |
| Maximum Leverage | 1:500 | 1:1 |
| Minimum Deposit | $10 | $250 |
| Base Currencies | USD, EUR, USDT | USD, EUR, GBP, RUB |
| Funding Methods | 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) | Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) |
| Inactivity Fee | $10 per month after 3 months | $10 per month after 1 month of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| 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, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
| Review | Olymp Trade Review | RaceOption Review |
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
About RaceOption
RaceOption is an offshore broker established in 2017 that specialises in high-frequency binary options. Traders can start with a $250 Bronze account, place orders from just $1, and earn payouts of up to 95%. The proprietary web and mobile platform supports 100+ assets and offers copy-trading, weekend markets and 24/7 multilingual video chat. Withdrawals are typically processed within one hour.
Pros
- Payouts up to 95% and expiries from 5 seconds
- Fast, fee-free deposits and 1-hour withdrawals
- Copy-trading, contests and weekly prize draws
- 24/7 trading, including weekends, with live video support
Cons
- No top-tier regulation or investor-protection scheme
- High minimum deposit compared with some competitors
- Demo account gated behind initial deposit
- No support for MT4/MT5 or automated EAs
Olymp Trade & RaceOption Regulation
| Feature | Olymp Trade | RaceOption |
|---|---|---|
Companies | Aollikus Limited, Visepoint Limited, Martique Limited | Makerun Corp. |
Countries | Vanuatu, Malta, Cyprus | Marshall Islands |
Regulators | VFSC | - |
Investor Protection | FinancialCommission.org | - |
Investor Protection Size | €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Olymp Trade
Aollikus Limited, Visepoint Limited, Martique Limited
RaceOption
Makerun Corp.
Countries
Olymp Trade
Vanuatu, Malta, Cyprus
RaceOption
Marshall Islands
Regulators
Olymp Trade
VFSC
RaceOption
-
Investor Protection
Olymp Trade
FinancialCommission.org
RaceOption
-
Investor Protection Size
Olymp Trade
€20 000
RaceOption
-
Publicly Traded
Olymp Trade
RaceOption
Segregated Accounts
Olymp Trade
RaceOption
Guaranteed Stop Loss
Olymp Trade
RaceOption
Negative Balance Protection
Olymp Trade
RaceOption
Account Types
| Account | Olymp Trade | RaceOption |
|---|---|---|
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 | Fixed Time | Bronze |
| Minimum Deposit | $10 | $250 |
| Option Types | Call/Put (FTT), Quickler | High/Low, Turbo, Ladder |
| Minimum Stake | $1 | $1 |
| Payout | from 10% to 93% | from 60% to 95% |
| Expiration Time | from 5 seconds to 23 hours | from 5 seconds to 30 days |
Market Maker Account
Account Name
Olymp Trade
Forex
RaceOption
—
Min Deposit
Olymp Trade
$10
RaceOption
—
Lot Size
Olymp Trade
0.01
RaceOption
—
Spread Type
Olymp Trade
Fixed
RaceOption
—
Execution
Olymp Trade
Instant
RaceOption
—
Min Spread
Olymp Trade
2
RaceOption
—
Fee
Olymp Trade
$8 per 1 lot
RaceOption
—
Max Leverage
Olymp Trade
1:500
RaceOption
—
Stop Out
Olymp Trade
100%
RaceOption
—
Margin Call
Olymp Trade
100%
RaceOption
—
Additional Features
Demo Account
Olymp Trade
RaceOption
VIP Account
Olymp Trade
RaceOption
Swap-Free Account
Olymp Trade
RaceOption
Copy Trading
Olymp Trade
RaceOption
VPS
Olymp Trade
RaceOption
PAMM/MAM Accounts
Olymp Trade
RaceOption
Binary Options
Account
Olymp Trade
Fixed Time
RaceOption
Bronze
Minimum Deposit
Olymp Trade
$10
RaceOption
$250
Option Types
Olymp Trade
Call/Put (FTT), Quickler
RaceOption
High/Low, Turbo, Ladder
Minimum Stake
Olymp Trade
$1
RaceOption
$1
Payout
Olymp Trade
from 10% to 93%
RaceOption
from 60% to 95%
Expiration Time
Olymp Trade
from 5 seconds to 23 hours
RaceOption
from 5 seconds to 30 days
Funding and Fees
| Feature | Olymp Trade | RaceOption |
|---|---|---|
Base currencies | USD, EUR, USDT | USD, EUR, GBP, RUB |
Deposit and withdrawal methods | 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) | Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) |
Inactivity fee | $10 per month after 3 months | $10 per month after 1 month of inactivity |
Interest on margin | ||
Withdrawal fee |
Base currencies
Olymp Trade
USD, EUR, USDT
RaceOption
USD, EUR, GBP, RUB
Deposit and withdrawal methods
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)
RaceOption
Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC)
Inactivity fee
Olymp Trade
$10 per month after 3 months
RaceOption
$10 per month after 1 month of inactivity
Interest on margin
Olymp Trade
RaceOption
Withdrawal fee
Olymp Trade
RaceOption
Trading Platforms and Conditions
| Feature | Olymp Trade | RaceOption |
|---|---|---|
Trading Platforms | Olymp Trade | RaceOption |
Execution Speed | 80 ms | 100 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | N/A |
Trading Platforms
Olymp Trade
Olymp Trade
RaceOption
RaceOption
Execution Speed
Olymp Trade
80 ms
RaceOption
100 ms
Scalping
Olymp Trade
RaceOption
Expert Advisors (EAs)
Olymp Trade
RaceOption
Depth of Market (DOM)
Olymp Trade
RaceOption
Spread
Olymp Trade
high
RaceOption
N/A
Trading Assets
| Asset | Olymp Trade | RaceOption |
|---|---|---|
Currencies | 28 | 25 |
Indices | 11 | 10 |
Stocks | 33 | 50 |
Cryptocurrencies | 19 | 13 |
Bonds | 0 | 0 |
Metals | 2 | 2 |
Energies | 1 | 4 |
Soft Commodities | 0 | 0 |
ETFs | 6 | 0 |
Currencies
Olymp Trade
28
RaceOption
25
Indices
Olymp Trade
11
RaceOption
10
Stocks
Olymp Trade
33
RaceOption
50
Cryptocurrencies
Olymp Trade
19
RaceOption
13
Bonds
Olymp Trade
0
RaceOption
0
Metals
Olymp Trade
2
RaceOption
2
Energies
Olymp Trade
1
RaceOption
4
Soft Commodities
Olymp Trade
0
RaceOption
0
ETFs
Olymp Trade
6
RaceOption
0
Education and Analytics
| Feature | Olymp Trade | RaceOption |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Olymp Trade
RaceOption
Indicators
Olymp Trade
RaceOption
Robots
Olymp Trade
RaceOption
Signals
Olymp Trade
RaceOption
Autochartist
Olymp Trade
RaceOption
Expert Analytics
Olymp Trade
RaceOption
News Feed
Olymp Trade
RaceOption
Education Articles
Olymp Trade
RaceOption
Webinars
Olymp Trade
RaceOption
Seminars
Olymp Trade
RaceOption
Bonuses
| Bonus | Olymp Trade | RaceOption |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $2000 |
| Details | — | Learn More |
Welcome Bonus
Is available
Olymp Trade
RaceOption
Size
Olymp Trade
—
RaceOption
100%, up to $2000
Details
Olymp Trade
—
RaceOption
Contests
| Feature | Olymp Trade | RaceOption |
|---|---|---|
| Live Contests | ||
| Is available | ||
| Contests List | — |
|
Live Contests
Is available
Olymp Trade
RaceOption
Contests List
Olymp Trade
—
RaceOption
- Weekly Trader ContestStart Balance: $10000 · Prize Pool: $10000 · Period: WeeklyLearn More
Customer Support
| Contact | Olymp Trade | RaceOption |
|---|---|---|
Email | support-en@olymptrade.com | support@raceoption.com |
Phone | — | +18299476393 |
Telegram | Telegram | — |
Facebook | — | |
YouTube | YouTube | — |
Instagram | ||
Twitter | ||
TikTok | TikTok | — |
Email
Olymp Trade
RaceOption
Phone
Olymp Trade
—
RaceOption
Telegram
Olymp Trade
RaceOption
—
Facebook
Olymp Trade
RaceOption
—
YouTube
Olymp Trade
RaceOption
—
TikTok
Olymp Trade
RaceOption
—
Which Broker is Better?
After comparing Olymp Trade and RaceOption, 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.