Comparison of Olymp Trade and Zerodha
Feature | Olymp Trade | Zerodha |
---|---|---|
Broker | ||
Year Founded | 2014 | 2010 |
Broker Type | MM | DMA |
Dealing | B-book | A-book |
Execution | Instant | Market |
Regulation | VFSC | SEBI, NSE, BSE, MCX |
Platforms | Olymp Trade | Kite Web, Kite Mobile, Varsity |
Spread | ⬈ High | ⬊ Low |
Maximum Leverage | 1:500 | 1:20 |
Minimum Deposit | $10 | $1 |
Base Currencies | USD, EUR, USDT | INR |
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) | UPI, NetBanking, IMPS, NEFT/RTGS, Cheque |
Inactivity Fee | $10 per month after 3 months | ₹300 demat AMC per year |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | ✖ | ✖ |
Investor Protection | FinancialCommission.org | Investor Protection Fund |
Protection Size | €20 000 | ₹500000 |
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 | Stocks, ETFs, Futures & Options, Commodities, Currency Derivatives, Mutual Funds, IPOs |
Review | Olymp Trade Review | Zerodha 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 Zerodha
Zerodha is India’s largest discount stockbroker founded in 2010. The broker lets investors trade equities, F&O, commodities and currency derivatives on Indian exchanges with zero brokerage on equity delivery and a flat ₹20 cap on intraday and F&O trades. Regulated by SEBI and a member of NSE, BSE and MCX, Zerodha offers the sleek Kite platform, segregated client funds, and extensive educational resources through Varsity.
Pros
- ₹0 brokerage on equity delivery
- Flat ₹20 (max) per intraday & F&O order
- Robust Kite platform (web & mobile)
- SEBI‑regulated; segregated client funds
- Extensive free educational content
Cons
- Only for Indian residents
- No compensation above ₹5 lakh
- No 24/7 customer support
Olymp Trade & Zerodha Regulation
Feature | Olymp Trade | Zerodha |
---|---|---|
Companies | Aollikus Limited, Visepoint Limited, Martique Limited | Zerodha Broking Ltd. |
Countries | Vanuatu, Malta, Cyprus | India |
Regulators | VFSC | SEBI, NSE, BSE, MCX |
Investor Protection | FinancialCommission.org | Investor Protection Fund |
Investor Protection Size | €20 000 | ₹500000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | Olymp Trade | Zerodha |
---|---|---|
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% | — |
DMA Account | ||
Account Name | — | Equity & F&O |
Min Deposit | — | $1 |
Lot Size | — | 1 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 0 |
Fee | — | ₹20 per 1 lot |
Max Leverage | — | 1:20 |
Stop Out | — | — |
Margin Call | — | — |
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 | Olymp Trade | Zerodha |
---|---|---|
Base currencies | USD, EUR, USDT | INR |
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) | UPI, NetBanking, IMPS, NEFT/RTGS, Cheque |
Inactivity fee | $10 per month after 3 months | ₹300 demat AMC per year |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
Feature | Olymp Trade | Zerodha |
---|---|---|
Trading Platforms | Olymp Trade | Kite Web, Kite Mobile, Varsity |
Execution Speed | 80 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
Asset | Olymp Trade | Zerodha |
---|---|---|
Currencies | 28 | 7 |
Indices | 11 | 6 |
Stocks | 33 | 5000 |
Cryptocurrencies | 19 | 0 |
Bonds | 0 | 0 |
Metals | 2 | 2 |
Energies | 1 | 2 |
Soft Commodities | 0 | 4 |
ETFs | 6 | 100 |
Education and Analytics
Feature | Olymp Trade | Zerodha |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
Contact | Olymp Trade | Zerodha |
---|---|---|
Email | support-en@olymptrade.com | support@zerodha.com |
Phone | — | +918047181888 |
Telegram | Telegram | Telegram |
Whatsapp | — | |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | TikTok | — |
Which Broker is Better?
After comparing Olymp Trade and Zerodha, 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
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Zerodha 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.