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FXCC , Olymptrade Broker Comparison
Do you want to know which is the better broker between FXCC and Olymptrade ?
In the table below, you can compare the features of FXCC , Olymptrade side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
4.6
Regulated
Under guarantee
15-20 years
CYSEC
VISA,Neteller,Skrill,BANK WIRE TRANSFER,SOFORT,RAPID,paysafecard
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ECN Advanced,ECN XL,ECN Standard
--
100.000
1:200
--
0.00
--
0.01
--
2.75
Offshore Regulation
Under guarantee
--
5-10 years
VFSC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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FXCC 、 Olymptrade BrokerRelated News
FXCC 、 Olymptrade BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do fxcc and olymptrade have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
fxcc
| FXCC Review Summary | |
| Founded | 2004 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC |
| Market Instruments | Forex, gold, silver |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Trading Platform | MT4 |
| Minimum Deposit | $100 |
| Customer Support | 24/5 support |
| Tel: +35725870750; +357 25 025001 | |
| Address：Amorosa Centre, 2nd floor, 2 Samou Street, 4043 Yermasoyia, Limassol, Cyprus | |
FXCC Information
FXCC is a regulated broker, offering trading on forex, gold, and silver with leverage up to 1:200 on the MT4 platform. The minimum deposit requirement is $100.
Pros and Cons
| Pros | Cons |
| Demo accounts | Limited trading products |
| MT4 platform | Deposit/withdrawal fees charged |
| Regulated by CYSEC | |
| Long operational history |
Is FXCC Legit?
Yes. FXCC is licensed by Cyprus Securities and Exchange Commission (CySEC) with license number 121/10 to offer services.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
| Cyprus | CYSEC | Regulated | FX Central Clearing Ltd | Straight Through Processing (STP) | 121/10 |
What Can I Trade on FXCC?
FXCC offers trading in forex, gold, and silver.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Gold | ✔ |
| Silver | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
FXCC offers a range of ECN accounts to suit all traders and offers demo accounts. And the ECN standard account offers extra benefits: zero deposit fees.
| Account Type | Minimum Deposit |
| ECN Standard | $10,000 |
| ECN XL | $100 |
| ECN Advanced | $100,000+ |
Leverage
The broker offers maximum leverage at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
| Account Type | Maximum Leverage |
| ECN Standard Account | 1:30 |
| ECN XL Account | 1:30 |
| ECN Advanced Account | 1:200 |
FXCC Fees
ECN accounts have only a small spread, and you can use a demo account to see real-time spreads on the platform or calculate spreads using a trading calculator. No commission fees are charged.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, mobile, web | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Payment Options | Accepted Currencies | Deposit Fees | Withdrawal Fees |
| Bank wire | USD, EUR, GBP | 2-5 | 18 |
| Neteller | 3.2% + 0.29 | 2.0% | |
| Skrill | 0.49 | ||
| Visa | 2.0% | ||
| Sofort | 2.5% + 0.29 | 0.49 | |
| Rapio | 2.0% + 0.29 | ||
| Paysafe card | 9.0% + 0.29 | Bank Wire Fee |
olymptrade
| OlymptradeReview Summary | |
| Founded | 2014 |
| Registered Country/Region | Vanuatu |
| Regulation | No regulation |
| Market Instruments | Forex, Stocks |
| Demo Account | ✅ |
| Leverage | / |
| Spread | From 0 pips |
| Trading Platform | Olymptrade, PWA |
| Minimum Deposit | $/€ 10 |
| Customer Support | Phone: + (356) 2034 16 34 |
| Email: support-en@olymptrade.com | |
| Social Media: Facebook, Instagram, Telegram, Youtube, Twitter, Tiktok, Pinterest | |
| Physical Address: 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu | |
Olymptrade Information
Olymptrade is an online trader registered and established in Vanutu in 2014. It supports traders in trading forex and stocks through its own trading platform. In addition, it also supports a minimum spread of 0 and 0 commission. But currently, it is in an unregulated state.
Pros and Cons
| Pros | Cons |
| Support demo accounts | No regulation |
| 24/7 support | No account detail information |
| The spread starts from 0 | MT4/5 is not supported |
| Support zero commission | Limited trading products |
| Low minimum deposit of $10 |
Is Olymptrade Legit?
Olymptrade was registered in 2014, but it is currently unregulated.
What Can I Trade on Olymptrade?
Olymptrade supports you in trading forex, with over 100 assets including currency pairs,majors, minors, exotics,crypto and more. In addition, you can also trade stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Cryptos | ❌ |
| Futures | ❌ |
| Indices | ❌ |
| Options | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Account Types
Olymptrade did not provide specific account information. What can be known is that the minimum deposit amount is 10 US dollars or euros. It also supports the opening of demo accounts and Islamic accounts.
Olymprade Fees
Foreign exchange trading supports 0 spread, with commissions starting from 0.6 pips. And there is no commission for opening a stock position for trading.
If no transactions are made in a real account and/or funds are not deposited or withdrawn within 180 days, a monthly idle fee of $10 (or the equivalent account currency) will be charged.
If the account balance is lower than the idle fee, only the available balance will be charged. Accounts with a balance of zero will not be charged any fees.
Trading Platform
Olymprade offers its own trading platform, which can be used on both desktop and mobile devices. In addition, there is a web-based trading platform called PWA.
| Trading Platform | Supported | Available Devices | Suitable for |
| Olymptrade | ✔ | Desktop, Mobile | / |
| PWA | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Deposits can be made using bank cards, cryptocurrencies or electronic payment systems. To withdraw money, you need to press the payment button through your account, select withdrawal, specify the withdrawal amount and confirm the transaction. The minimum withdrawal amount is 10 US dollars or euros.
Do fxcc and olymptrade have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive fxcc and olymptrade are, we first considered common fees for standard accounts. On fxcc, the average spread for the EUR/USD currency pair is -- pips, while on olymptrade the spread is --.
Which broker between fxcc, olymptrade is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
fxcc is regulated by CYSEC. olymptrade is regulated by VFSC.
Which broker between fxcc, olymptrade provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
fxcc provides the ECN Advanced,ECN XL,ECN Standard platform with products like --; olymptrade offers the -- platform featuring assets including --.
