| Feature | XM Trading | Olymp Trade |
|---|---|---|
| Founded | 2009 | 2014 |
| Regulation | Regulated by multiple authorities including CySEC, ASIC, and IFSC | Regulated by the International Financial Commission (IFC) |
| Minimum Deposit | $5 | $10 |
| Trading Instruments | Over 1,000 instruments including Forex, commodities, equity indices, precious metals, energies, and shares | Over 250 assets including Forex, stocks, commodities, indices, cryptocurrencies, ETFs, and OTC |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader | Proprietary Olymp Trade platform available on web, desktop, and mobile |
| Account Types | Micro, Standard, XM Ultra Low, Shares Accounts | Starter, Advanced, Expert |
| Spreads | As low as 0.6 pips on major pairs | Approximately 1.1 pips on EUR/USD |
| Commission Fees | Zero commissions on Micro and Standard accounts; commissions apply on Shares accounts | Commissions up to 15% on standard trades and up to 10% on Fixed Time Trades |
| Leverage | Up to 1:888 (depending on entity and jurisdiction) | Up to 1:500 (varies by asset and account status) |
| Deposit & Withdrawal Methods | Credit/debit cards, e-wallets, bank transfers | Credit/debit cards, e-wallets (Skrill, Neteller), bank transfers, Bitcoin |
| Processing Time for Withdrawals | Typically processed within 24 hours | Processed within 24 hours; faster for Expert status |
| Demo Account | Yes, with virtual funds | Yes, with $10,000 virtual funds |
| Educational Resources | Extensive: webinars, video tutorials, live trading sessions, podcasts | Basic: video tutorials, webinars, trading strategies |
| Customer Support | 24/5 via live chat, email, phone; multilingual support | 24/7 via live chat, email; multilingual support |
| Mobile Trading | MT4 and MT5 mobile apps for iOS and Android | Olymp Trade mobile app for iOS and Android |
| Copy Trading | Available through MT4 and MT5 platforms | Not available |
| Social Trading Features | Limited to platform integrations | Not available |
| Regulatory Protection | High, due to multiple reputable regulatory bodies | Moderate, with IFC membership providing compensation up to €20,000 in case of disputes |
| Overnight Fees (Swaps) | Applicable on positions held overnight | Applicable on positions held overnight |
| Inactivity Fee | None | $10 monthly after 180 days of inactivity |
| Bonus Programs | Periodic promotions and bonuses | Bonuses for deposits and trading competitions |
| Islamic (Swap-Free) Accounts | Available | Not specified |
| Automated Trading | Supported via MT4 and MT5 platforms | Not supported |
| Research Tools | Comprehensive: economic calendar, market analysis, trade ideas | Basic: economic calendar, market news |
| Order Execution Speed | Fast, with no re-quotes | Fast, typically under 10ms for Fixed Time Trades |
| Advanced Charting Tools | Available through MT4 and MT5 | Basic to moderate charting tools |
| Technical Indicators | Over 50 indicators available | 10 indicators for Starter; up to 14 for Expert status |
| Account Currencies | Multiple currencies including USD, EUR, GBP | USD |
| VIP Membership Benefits | Not specified | Expert status includes higher payouts, faster withdrawals, access to exclusive strategies |
| Risk Management Tools | Stop Loss, Take Profit, Trailing Stop | Basic risk management tools |
| Geographical Restrictions | Not specified | Not available in EEA countries |
| Public Performance Data | Not publicly available | Not publicly available |
| API Trading Support | Available through MT4 and MT5 | Not available |
| Market Hours | 24/5 for most markets | 24/7 for cryptocurrencies; 24/5 for other assets |
| Chart Time Intervals | Multiple intervals from 1 minute to monthly | 15 seconds to 1 month |
| News Integration | Yes, with real-time updates | Limited news integration |
| Economic Calendar | Yes, detailed and customizable | Yes, basic version |
| Mobile App Unique Features | Full functionality of MT4/MT5 platforms | Quick trade options, price alerts |
| Account Verification | Mandatory: government ID, proof of address | Mandatory: government ID, proof of address |
| Transaction Fees | No deposit or withdrawal fees; third-party charges may apply | No deposit or withdrawal fees; third-party charges may apply |
| Deposit Speed | Instant for most methods | Instant for most methods |
| Withdrawal Speed | Typically within 24 hours | Within 24 hours; faster for Expert status |
| Swap-Free (Islamic) Accounts | Available | Not specified |
| Asset Types for Cryptocurrencies | Limited selection | 20+ cryptocurrencies including major coins |
| Cross-Platform Integration | Seamless between MT4/MT5 desktop and mobile | Seamless between web and mobile platforms |
| Trade Simulator Customization | Demo account with customizable virtual funds | Demo account with $10,000 virtual funds |
| Account Closure Policy | Can be requested via support; processing times vary | Can be requested via support; processing times vary |
| Promotional Events | Periodic promotions and bonuses | Frequent bonuses and trading competitions |
| Contests and Tournaments | Occasionally offered | Regular trading tournaments |
| Profit Payout Rates | Based on market performance | Fixed percentage payouts for Fixed Time Trades |
| Risk Levels for Beginners | Moderate, with risk management tools available | Higher, due to high leverage and Fixed Time Trades |
| Advanced Trade Features | Advanced order types, automated trading | Early trade closure options for certain trades |
| Geopolitical Sentiment Analysis | Available through research tools | Not available |
| API Trading Support | Available through MT4/MT5 | Not available |
| Market Hours | 24/5 for most assets | 24/7 for cryptocurrencies; 24/5 for other assets |
| Chart Time Intervals | Multiple intervals from 1 minute to monthly | 15 seconds to 1 month |
| Trade Execution Speed | Fast, with no re-quotes | Fast, typically under 10ms for Fixed Time Trades |
| News Integration | Yes, with real-time updates | Limited news integration |
| Economic Calendar | Yes, detailed and customizable | Yes, basic version |
| Mobile App Unique Features | Full functionality of MT4/MT5 platforms | Quick trade options, price alerts |
| Account Lock Options | Available upon request | Available upon request |
| Order Execution Mode | Market execution | Instant execution for Fixed Time Trades; market execution for Forex |
| Fixed Payout Multiplier | Not applicable | Yes, for Fixed |
| Margin Call Level | 50% | 50% |
| Stop Out Level | 20% | 0% (positions close only when balance reaches zero) |
| Trailing Stop Feature | Available on MT4 and MT5 | Not available |
| Slippage Control | No requotes, minimal slippage | Some slippage possible in volatile markets |
| Hedging Allowed | Yes | No |
| Scalping Allowed | Yes | No |
| Arbitrage Trading Allowed | Not allowed | Not allowed |
| Timeframe Options for Charts | 9+ timeframes (1-minute to monthly) | 6 timeframes (15 seconds to 1 month) |
| Order Execution Types | Market Execution, Limit Orders, Stop Orders, Trailing Stop | Instant Execution for Fixed Time Trades, Market Execution for Forex |
| Custom Indicator Support | Yes (via MT4/MT5) | No |
| Volume-Based Trading Discounts | Yes, for high-volume traders | No |
| Negative Balance Protection | Yes | Yes |
| Fixed Return Percentage (For Options) | Not applicable | Up to 92% on successful Fixed Time Trades |
| Multi-Chart View | Available on MT4/MT5 | Limited multi-chart support |
| Advanced Risk Management Tools | Yes (Stop Loss, Take Profit, Margin Alerts) | Basic Stop Loss & Take Profit |
| Market Sentiment Indicator | Available | Available |
| Social Trading Signals | Available (via MT4/MT5 integrations) | No |
| Real-Time Order Book Depth | No | No |
| Order Types for Stocks | Market, Limit, Stop | Market execution only |
| Trading Tiers for VIPs | No specific VIP program | Expert tier offers exclusive benefits |
| Micro-Lot Trading | Available (0.01 lots) | Not available |
| Fixed Time Trade Expiry Options | Not applicable | 1 minute to 24 hours |
| AI-Based Market Analysis | No | No |
| Cloud-Based Trading Platform | No, requires MT4/MT5 software | Yes, web-based platform |
| Account Sharing or Multi-User Access | No | No |
| Partnership/Affiliate Programs | Yes, with revenue-sharing models | Yes, offers partnership programs |
| AI-Powered Trading Bots | No (supports EA trading via MT4/MT5) | No |
| High-Frequency Trading (HFT) Support | Allowed for professional accounts | Not supported |
| Weekend Trading Availability | Limited to cryptocurrencies | Available for cryptocurrencies and OTC assets |
| One-Click Trading | Yes (MT4/MT5 feature) | Yes |
| Multi-Asset Trading | Yes, across Forex, commodities, indices, stocks | Yes, across Forex, stocks, commodities, cryptocurrencies |
| Trailing Take Profit | Yes (MT4/MT5 feature) | No |
| Support for VPS Trading | Yes, free for eligible traders | No |
| Chart Customization | Advanced, with MT4/MT5 templates | Basic customization options |
| Real-Time Volatility Analysis | Available in platform tools | Limited volatility tools |
| Payout Adjustments Based on Market Conditions | Not applicable | Yes, varies dynamically for Fixed Time Trades |
| Multi-Language Platform Support | Yes, over 20 languages | Yes, over 10 languages |
| Regulatory Audit Transparency | High, audited under CySEC, ASIC, IFSC | Moderate, audited under IFC |
| User Community & Forum Support | Limited | Active trader community and blog |
| Automated Price Alerts | Yes, via MT4/MT5 | Yes, push notifications available |
| Currency Pair Customization | Yes, through platform watchlist | Yes, through asset selection |
| Investment Portfolio Tracking | Available within MT4/MT5 | Basic portfolio tracking |
| Institutional Trading Accounts | Yes | No |
| Trading Robots (EAs) | Fully supported on MT4/MT5 | Not supported |
| Trade Simulation with Historical Data | Available (MT4/MT5 backtesting) | No |
| Sentiment-Based Trading Tools | Available through research tools | Limited |
| Exclusive Trading Webinars for VIPs | Yes | Yes (for Expert accounts) |
| Customizable Trading Alerts | Yes, via MT4/MT5 | Yes, through the platform |
| Deposit & Withdrawal Transparency | High, with transaction tracking | Moderate, processing speeds vary |
| Market Order Execution Control | Available (slippage protection) | Not available |
| Peer-to-Peer (P2P) Trading | No | No |
| Regulatory Compliance for Each Jurisdiction | Strict compliance under multiple regulators | Limited to IFC regulations |
| Access to Trading Signals | Yes, provided through platform tools | Limited trading signals |
| Dedicated Trading Mentor or Consultant | No | Available for Expert members |
| Account Backup & Recovery Features | Yes, through platform account recovery | Yes, through email and phone verification |
| Real-Time Market Depth Data | No | No |
| Extended Order Book Visibility | No | No |
| Fractional Share Trading | No | No |
| Dark Pool Liquidity Access | No | No |
| Minimum Payout Percentage for Fixed Time Trades | Not applicable | 10% |
| Profit Calculation Transparency | High, visible on MT4/MT5 | Moderate, varies with trade type |
| Annual Report Availability | Yes, available for regulatory compliance | No |
| Third-Party Data Integrations | Yes, via MT4/MT5 add-ons | No |
| Custom Trading Algorithm Support | Yes, through Expert Advisors (EAs) | No |
| Dedicated Professional Support for Large Traders | Yes, for high-tier accounts | Yes, for Expert members |
| Asset-Specific Trading Conditions | Varies by asset type and account | Varies dynamically |
| Custom Watchlists | Available on MT4/MT5 | Available |
| Trade Journal & History Download | Available for all account types | Limited export options |
| Economic Reports & News Analysis | Extensive market analysis tools | Basic market news |
| Regulated Copy Trading Features | Available through MT4/MT5 | No |
| Multi-Monitor Trading Setup Support | Yes, through MT4/MT5 | No |
| Live Price Action Analysis | Available via trading tools | Basic analysis available |
| Cloud Backup for Trade Data | No | No |
| High-Volume Trading Incentives | Yes | No |
| Price Gap Protection | Yes, depending on execution type | No |
| Instant Market Execution Control | Yes | Yes |
| Dark Mode Availability | No | Yes |
| Multiple Account Access (Sub-Accounts) | Yes, traders can open multiple accounts under one profile | No, only one account per user |
| Custom Leverage Adjustment | Yes, traders can manually adjust leverage | No, leverage is predetermined by asset type |
| Instant Order Modification | Yes, MT4/MT5 allows real-time order modification | No, orders must be manually closed and reopened |
| Automatic Spread Adjustments | Yes, variable spreads based on market conditions | No, spreads remain fixed |
| Hidden Liquidity Pools | No, trades are executed on open markets | No, Fixed Time Trades use internal liquidity |
| Crypto Staking & Interest Earnings | No | No |
| Currency Conversion Fees on Deposits | No, deposits in local currency are automatically converted | Yes, conversion fees may apply based on deposit method |
| Auto-Cancel Feature for Unfilled Orders | Yes | No |
| Integration with External Trading Bots | Yes, via MT4/MT5 Expert Advisors | No |
| Virtual Private Server (VPS) for Trading | Yes, free for eligible high-volume traders | No |
| Instant Trade Cancellation for Loss Prevention | No | Yes, for certain Fixed Time Trades within a specific time frame |
| Profit Withdrawal Limits | No limits | Withdrawal limits based on account tier |
| Delayed Order Execution Protection | Yes | No |
| Synthetic Asset Trading | No | Yes, with OTC options |
| Forex Trading During Weekends | No, follows traditional Forex market hours | No, except for cryptocurrencies |
| Customizable Risk Reward Ratio | Yes, through trade settings in MT4/MT5 | No |
| Advanced Trade Filtering Options | Yes, through MT4/MT5 filters | No |
| Breakout Trading Strategies Support | Yes, via MT4/MT5 tools | No |
| Volatility-Based Trading Features | Yes, supports VIX indicators | No |
| Market Impact Analysis Tools | Yes | No |
| Interbank Exchange Rate Transparency | Yes | No |
| Historical Data Storage | Yes, through MT4/MT5 | Limited to recent trading activity |
| Short-Selling Availability | Yes | Limited to select assets |
| Custom Stop Order Execution Levels | Yes | No |
| Maximum Open Trades Allowed | No specific limit | Limited by account tier |
| Trade Execution Guarantees | Yes, no re-quotes | No, execution depends on system availability |
XM Trading is a regulated broker with advanced MT4/MT5 tools, diverse assets, low spreads, and automated trading, while Olymp Trade is a user-friendly platform with Fixed Time Trades, high payout potential, and simple execution but lacks advanced trading features.