OlympTrade vs Nadex Exchange

Founded in 2014, Olymptrade has over 89 million traders. It operates in more than 130 countries and supports 13 languages. The platform is stable and offers appealing incentives for new traders. Olymp Trade provides fixed time trades (FTT) across various markets and is licensed offshore by the VFSC.

Olymp Trade provides fixed time trades (FTT) on various markets, including OTC currencies and composite indices. FTT commissions range from 5%-10%, and trades can be as short as 5 seconds. Payouts can reach up to 93% with a $2000 deposit for 'Expert' status.

CFD Trading
You can trade a limited selection of CFDs, including forex, indices, commodities, cryptos, and ETFs. Although prices are not the most competitive, the CFD platform is a good choice for beginners seeking simplicity, with a minimum start amount of $10.

Forex Trading
Olymp Trade provides about 30 currency pairs, which is the industry average. During tests, the spreads for EUR/USD were 1.1 pips, which is less competitive than leading brands like AvaTrade at 0.9 pips. However, experienced traders can access multipliers up to x500 on major pairs.

Crypto Trading
Olymp Trade provides major cryptocurrencies like Bitcoin and Ethereum. The Basic Altcoin Index is a valuable option, offering wider market exposure for those who prefer not to invest in a single cryptocurrency.

Nadex is a well-known US-based exchange and binary options provider. It is regulated by the CFTC and offers options, call spreads, and Knock Out contracts. Nadex charges only a $1 entry or exit fee and offers a user-friendly platform and app.

Nadex provides real-time trading for short-term binary options with a wide range of markets. It charges a fixed $1 fee per contract, per side. Nadex also offers ultra-short term binaries expiring in just 5 seconds.

Forex Trading
Trade 11 popular currency pairs using Knock Out contracts, call spreads, and binary options. Nadex provides more timeframes than most binary options brokers, with contracts from intraday to weekly.

Crypto Trading
Nadex provides a small selection of cryptocurrencies, specifically Bitcoin and Ethereum. Traders can choose to go long or short using simple binary options contracts, so owning the actual tokens is not necessary.