Libertex vs. Olymp Trade Comparison

This comparison guide aids individuals who battle to pick between Libertex and Olymp Trade to discover the best online broker for their trading and financial investment requirements. It examines the main features of both brokers alongside to aid customers compare their solution and make an informed decision.

To aid users pick the appropriate broker between Libertex and Olymp Trade to discover the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, adhered to by a contrast of their main trading features, including trading platforms & tools, charges, mobile trading, down payment & withdrawal, assets, regulation, and consumer support.

Libertex vs. Olymp Trade: Summary

libertex-logo

Libertex is a CySEC-regulated forex and CFD broker founded in 1997. Users can trade on various assets, including stocks, cryptocurrencies, forex, metals, indices, agricultural products, oil, gas, ETFs, and options. Additionally, Libertex offers several long-term investing options, such as ‘real dividend-paying stocks’. Trading platforms include a proprietary platform and the full MetaTrader suite.

Libertex trading fees are average compared to other forex and CFD brokers. They charge 0% commission on CFD and stock trading and forex spreads from 0.2 pips (EUR/USD). The broker additionally charges withdrawal fees on selected payment methods but doesn’t charge inactivity fees.

Libertex customer support is available through email (info@libertex.com), phone (+357 22 025 100), and live chat in English.

Olymp-Trade-logo

Olymp Trade is a multinational binary options broker based in Saint Vincent and the Grenadines. It is not regulated by any tier-one regulator and is not considered safe. Users can trade on various markets, including 35 forex pairs, 12 cryptocurrencies, 10 indices, 4 metals, 2 energies, and 12 stocks. Additionally, users can invest in stocks or speculate on options.

Olymp Trade trading fees are above average compared to similar brokers from the industry, like IQ Option and AvaTrade. They charge low spreads from 0.8 pips EUR/USD and $4 commission per lot on its ECN accounts. Payouts on options are 86.5%. The broker doesn’t charge non-trading or inactivity fees.

Olymp Trade’s customer support is available through email and live chat.

Pros

  • Low minimum deposit ($100)
  • Low spreads from 0,2 pips (EUR/USD)
  • MetaTrader 4 and 5 supported
  • Algorithmic trading and Expert Advisors allowed
  • No hidden fees or commissions

Cons

  • cTrader not supported
  • Limited selection of assets
  • Lacks in-depth education and research material

Pros

  • Low minimum deposit ($10)
  • Competitive forex spreads (0.8 pips EUR/USD)
  • Compatibility with MT4 and TradingView
  • Broad range of financial instruments
  • High payouts on options (86.5%)

Cons

  • Higher account tiers come with more benefits
  • Non-transparent overnight fees and margin requirements
  • Limited advanced charting and trading tools

Key features

  • Access to over 300 financial instruments
  • Commission-free stock and CFD trading
  • Low minimum deposit $100 (400 AED)
  • Full MetaTrader suite (MT4 and MT5)
  • Fast payouts for verified users
  • Award-winning trading platform

Key features

  • Access to 65 + forex currency pairs
  • Compatibility with MT4 and TradingView
  • Zero commission stock trading
  • Wide range of available payment methods
  • Low trading fees and high binary option payouts
  • Bonuses of up to 100%

Libertex vs. Olymp Trade Comparison

Select up to 3 Brokers

24Option
ActivTrades
Admiral Markets
ADSS
Ally Invest
Alpaca Markets
Alpari
Alvexo
Amana Capital
AMP Futures
AMP Global
ARMO Broker
AvaFutures
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com Review
Capitalize.ai
Captrader
Charles Schwab
ChoiceTrade
City Index
CMC Markets
Comdirect
Davy Select
Degiro
Dukascopy
E-Trade
EasyEquities
Eightcap
eOption
eToro
ETX Capital
ExpertOption
FBS
Fidelity
FinmaxFX
Finq.com
Firstrade
Flatex
Forex.com
FP Markets
Fusion Markets
FX Trading
FXCM
FXPro
FXTM
GoMarkets
HF Markets
HYCM
IC Markets
IG Trading
Interactive Brokers
Internaxx
IQ Option
IQCent
IronFX
Libertex Review March 2024
Lightspeed
LiteFinance
Magnifi
Markets.com
Merrill Edge
MEXEM
Moneta Markets
Multibank
Naga
Next Markets
Ninja Trader
Oanda
OctaFX
Olymp Trade
OneRoyal
Optimus Futures
OptionRobot.com
Passfolio
Pepperstone
Plus500
Pocket Option
Questrade
RaceOption
Rakuten Securities
Revolut
Robinhood
RoboForex
Sarwa
Saxo Bank
Skilling
SogoTrade
Spreadex
Swissquote
Tastytrade
TD Ameritrade
ThinkMarkets
Tickmill
TMGM
Toroption
Trade Ideas
Trade Nation
TradeStation
Trading212
TrendSpider
Vantage
Vestinda
VT Markets
Webull
XM
XTB
Zacks Trade
Zerodha
Compare brokers
libertex-logo

Libertex Review March 2024

BROKER COMPARISON

libertex-logo
Olymp-Trade-logo

Overall rating

4,2/5

2,9/5

Overall rating

4,2/5

2,9/5

Trading Platform & Tools

4.1

2.8

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:30 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading Mql5.com
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.3

3.5

See details
Withdrawal Fee Depends on method 0
Deposit Fee 0 0
Inactivity Fee $10 USD after 180 days of inactivity $10 if no trades in a month
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.1 1.1
Stocks & ETF 0 0
CFD (Gold) 2 20
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.2

2.9

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

5.0

4.5

See details
Minimum deposit (in UAE) 100 USD $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.8

2.7

See details
Shares 116 80+
ETF & Funds 0 10+
Crypto 0 20+
Commodities 0 10+
Indices 0 10+
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 53 100+
CFD Indices & Funds 40 21
CFD Stocks 116 40
CFD Commodities 16 6
CFD Crypto 73 21
CFD Bonds 3 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

2

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.8

1.2

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

3.2

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Libertex vs. Olymp Trade Comparison Conclusion

The results of our comparison of Libertex vs. Olymp Trade are wrapped up in the table below.

Broker:Best For:
LibertexStock and Crypto CFD trading
Olymp TradeBinary Options

Picking the appropriate selection between Libertex and Olymp Trade can be difficult. Both online brokers have similarities but differ regarding trading tools, systems & apps, regulation, deposit & withdrawals, and study and education. Picking the best broker relies on users’ trading & financial investment goals, private preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

This site is registered on wpml.org as a development site.