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RoboForex vs Olymp Trade
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, RoboForex currently holds a lower overall rating (4.4) compared to Olymp Trade (4.7).
Both brokers have the same minimum deposit of 10.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but RoboForex has a maximum lot size of 100.0, while Olymp Trade offers 20.0.
RoboForex offers a greater leverage limit of 1:2000, whereas Olymp Trade allows a maximum of only 1:400.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 10.0 | 10.0 |
| Commission | 0.0 | 1.1 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 20.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN, Market Maker | ECN |
| Maximal leverage (1:?) | 2000 | 400 |
| Availability | STP, ECN, Market Maker | ECN |
| Regulation | FSC (Belize) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R WebTrader, R MobileTrader, R StocksTrader | MetaTrader 4 (MT4), Web Platform, Mobile Platform, MT4 (via bridge) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Cash, Western Union, Perfect Money, Neteller, Skrill, Local Deposits, Boleto, SEPA, Astropay, AdvCash, Apple Pay, Google Pay, Webpay, SPEI, MoMo Wallet, GCash, GrabPay, SafetyPay, PSE, QR & Vouchers | Credit Card, Debit Card, WebMoney, Neteller, Skrill, FasaPay, Bitcoin, Boleto |
| Account Currency | USD, EUR, GLD | USD, EUR |
| Languages | English | English, Spanish, Japanese, Russian, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Malay |
| Country | Belize | Seychelles |
| Trading platform(s) timezone | Belize | Seychelles |
| Other trading instruments | Stocks, Indices, Commodities, Energies, Cryptocurrency, Precious Metals, ETFs | Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
