| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| Olymp Trade | $10 Minimum Deposit | Web Trader & Apps Trading Platforms | 80+ Markets To Trade | Olymp Trade offers trading including Forex trading with leverage on a user friendly platform, with a low minimum deposit and order size ($1) About |
| Plus500 | $100 Minimum Deposit | Web Trader & Apps Trading Platforms | 2000+ Markets To Trade | Plus500 offers a user friendly platform with a wide range of CFD markets and advanced trading tools About |
Olymp Trade vs Plus500 Comparison
Plus500 provides CFD trading on a relatively wide range of markets. Plus500 offers a user friendly web trader which has a relatively wide range of technical indicators and offers fundamental data from the platform. Olymp Trade offers CFD trading in a range of markets including Forex trading with leverage. Neither broker allows automated trading.
Quick comparison
Plus500 provides a user friendly web trader and apps with more markets to trade, while Olymp Trade offers a user friendly platform with considerably less markets to trade.
Minimum deposit and key account features
The minimum deposit for Plus500 is $100. The minimum deposit for Olymp Trade is $10.
- Olymp Trade offers three trader levels. These are Starter, Advanced and Expert. Each level confers improved features. Starter is for deposits up to $499. Advanced is for deposits between $500 and $1999. Expert is for deposits over $2000. Olymp Trade is not available in some countries and regions.
- Plus500 provides CFD trading. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Plus500 offers the +Insights tool which provides real time data abut the activity of other Plus500 traders. Additionally, Plus500 offers a Trading Academy on its website as well as News and Market Insights.
Markets to trade
- Olymp Trade offers on its web trader CFDs on Forex, Metals, Indices, Energy, Cryptocurrencies, Stocks, ETFs and Options, with 80+ available.
- Plus500 offers CFDs on Forex, Metals, Indices, Energy, Cryptocurrencies, Stocks, ETFs, Options and Soft Commodities, with 2000+ available.
| Online Broker | Minimum Deposit | Plus500 vs Olymp Trade |
|---|---|---|
| Plus500 | $100 Minimum Deposit | Plus500 offers a user friendly web trader with a range of tools to analyse markets and provides 2000+ CFDs to trade Plus500 vs Olymp Trade |
| $10 Minimum Deposit | Olymp Trade provides different types of markets, including trading with Multipliers on its user friendly platform. Plus500 vs Olymp Trade |
Leverage
Maximum leverage for Plus500 is . Maximum leverage for Olymp Trade is 500:1.
Online trading platforms
Olymp Trade provides a web trader, desktop download and apps. Plus500 offers a web trader, desktop download and apps.
Why Plus500 or Olymp Trade ?
Traders who want to trade on an intuitive platform with both technical and fundamental tools may wish to consider Plus500. Those who wish to trade a range of markets with Multipliers may do so at Olymp Trade. Traders who want to trade with a low minimum deposit ($10) and a low minimum trade size ($1) may do so at Olymp Trade. Traders who want to trade a larger number of markets, can do so at Plus500, which has a relatively wide range of types of markets.
Comparison summary
- Both provide CFD trading
- Both offer user friendly web traders
- Plus500 has a wide range of tools on its platform
- Plus500 offers more markets to trade
- Olymp Trade has a lower minimum deposit ($10)
