Olymp Trade alternatives

By BinaryChooser editorial teamPlatform research for Asian markets

Olymp Trade · 3.9/5 · Lowest deposit $10 · Read the review

1. 

   1. Pocket OptionOur pick

   4.1/5

   When it fits better

   Pick it for a USD 5 entry point and copy trading built into the platform.

   Lowest deposit

   $5 vs $10

   Top payout

   92% vs 93%

   Good for

   Very small first deposits and copying other traders

   +50% bonusConditions

   Go to Pocket OptionRead the reviewPocket Option vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   Pocket Option and Olymp Trade by the numbers

   —	Pocket Option	Olymp Trade (what you use now)
   Lowest deposit	▲ $5	$10
   Lowest trade	$1	$1
   Top payout	92%	▲ 93%
   Win rate to break even	52.1%	▲ 51.8%
   Smallest withdrawal	$10	$10
   Practice balance	$50,000	Yes
   What you can trade	100+	100+
   Trade durations	3 seconds – 4 hours	5 seconds – 23 hours
   Pay-out speed	Typically 1–3 working days; crypto often quicker (user reports)	Depends on account level and method; higher levels first
   BinaryChooser score	▲ 4.1/5	3.9/5

   What Pocket Option adds

   • +Costs and minimums: 4.8 vs 4.4
   • +Copy trading
   • +Demo with no sign-up

   What you lose

   • −iPhone app
   • −Markets where Olymp Trade accepts you and Pocket Option doesn't: 1

   What we think of Pocket Option

   Where it accepts you, Pocket Option is the easiest place to begin: small minimums, a tidy platform and useful copy trading. The price is weak oversight and public warnings, so deposit little and try a withdrawal early.

   Not for you if: You want a regulator behind your money, or contests make you trade too much

   More Pocket Option screenshots

   

   

2. 

   2. IQ Option

   4.0/5

   When it fits better

   Pick it for the most complete charts, a desktop app and digital options.

   Lowest deposit

   $10 vs $10

   Top payout

   95% vs 93%

   Good for

   Experienced traders who want detailed charts and a desktop app

   Go to IQ OptionRead the reviewIQ Option vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   IQ Option and Olymp Trade by the numbers

   —	IQ Option	Olymp Trade (what you use now)
   Lowest deposit	$10	$10
   Lowest trade	$1	$1
   Top payout	▲ 95%	93%
   Win rate to break even	▲ 51.3%	51.8%
   Smallest withdrawal	▲ $2	$10
   Practice balance	$10,000	Yes
   What you can trade	300+	100+
   Trade durations	60 seconds – 1 month	5 seconds – 23 hours
   Pay-out speed	Up to 3 working days, often less	Depends on account level and method; higher levels first
   BinaryChooser score	▲ 4.0/5	3.9/5

   What IQ Option adds

   • +Desktop app
   • +More to trade: ETFs

   What you lose

   • −More ways to pay: Crypto

   What we think of IQ Option

   IQ Option has the best technology and apps here. Remember that in Asia you deal with an unregulated company and that the brand is on Singapore's and India's alert lists: strong platform, weak protection.

   Not for you if: You trade rarely (dormant fee) or withdraw several times a month

   More IQ Option screenshots

   

   

3. 

   3. Expert Option

   3.7/5

   When it fits better

   Pick it if you want the cleanest screen and good phone apps.

   Lowest deposit

   $10 vs $10

   Top payout

   90% vs 93%

   Good for

   Beginners who trade mainly on their phone

   Go to Expert OptionRead the reviewExpert Option vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   Expert Option and Olymp Trade by the numbers

   —	Expert Option	Olymp Trade (what you use now)
   Lowest deposit	$10	$10
   Lowest trade	$1	$1
   Top payout	90%	▲ 93%
   Win rate to break even	52.6%	▲ 51.8%
   Smallest withdrawal	$10	$10
   Practice balance	$10,000	Yes
   What you can trade	~100	100+
   Trade durations	5 seconds – 24 hours	5 seconds – 23 hours
   Pay-out speed	Within 2 working days according to the platform; e-wallets and crypto can be quicker	Depends on account level and method; higher levels first
   BinaryChooser score	3.7/5	▲ 3.9/5

   What Expert Option adds

   • +Copy trading
   • +Demo with no sign-up

   What you lose

   • −Costs and minimums: 4.1 vs 4.4
   • −Support: 3.9 vs 4.2
   • −Contests
   • −Markets where Olymp Trade accepts you and Expert Option doesn't: 1

   What we think of Expert Option

   Expert Option has the easiest screen of the leading platforms and a good app. No government licence, fewer assets and its refusal of several Asian markets keep it third.

   Not for you if: You want many instruments or longer-term analysis

   More Expert Option screenshots

   

   

4. 

   4. Binomo

   3.7/5

   When it fits better

   Pick it for frequent contests and a USD 10 start with many local payments.

   Lowest deposit

   $10 vs $10

   Top payout

   90% vs 93%

   Good for

   Beginners who enjoy contests and small stakes

   Go to BinomoRead the reviewBinomo vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   Binomo and Olymp Trade by the numbers

   —	Binomo	Olymp Trade (what you use now)
   Lowest deposit	$10	$10
   Lowest trade	$1	$1
   Top payout	90%	▲ 93%
   Win rate to break even	52.6%	▲ 51.8%
   Smallest withdrawal	$10	$10
   Practice balance	Yes	Yes
   What you can trade	–	100+
   Trade durations	1 minute – 1 hour	5 seconds – 23 hours
   Pay-out speed	Faster on Gold and VIP	Depends on account level and method; higher levels first
   BinaryChooser score	3.7/5	▲ 3.9/5

   What Binomo adds

   • +No clear gain on our criteria

   What you lose

   • −Licensing and openness: 2.3 vs 2.6

   What we think of Binomo

   Binomo is easy and cheap to try, but protection rests on a private body and India's central bank has flagged it. Consider it only where higher-ranked platforms don't accept you.

   Not for you if: You want trades longer than an hour or a regulator behind the platform

   More Binomo screenshots

   

   

5. 

   5. Binarium

   3.4/5

   When it fits better

   Pick it to try things with USD 5, or for trades that last up to three months.

   Lowest deposit

   $5 vs $10

   Top payout

   92% vs 93%

   Good for

   Testing with the smallest possible deposit

   Go to BinariumRead the reviewBinarium vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   Binarium and Olymp Trade by the numbers

   —	Binarium	Olymp Trade (what you use now)
   Lowest deposit	▲ $5	$10
   Lowest trade	$1	$1
   Top payout	92%	▲ 93%
   Win rate to break even	52.1%	▲ 51.8%
   Smallest withdrawal	▲ $5	$10
   Practice balance	Yes	Yes
   What you can trade	–	100+
   Trade durations	60 seconds – 3 months	5 seconds – 23 hours
   Pay-out speed	Depends on method and level	Depends on account level and method; higher levels first
   BinaryChooser score	3.4/5	▲ 3.9/5

   What Binarium adds

   • +Copy trading

   What you lose

   • −Platform and apps: 3.8 vs 4.5
   • −Payment options: 3.9 vs 4.4
   • −Support: 3.5 vs 4.2
   • −Licensing and openness: 1.6 vs 2.6
   • −Contests
   • −iPhone app
   • −More ways to pay: Local payment methods
   • −More to trade: Shares

   What we think of Binarium

   Binarium is the cheapest way to try fixed-time trades. The complete absence of oversight keeps it near the bottom.

   Not for you if: You want any outside protection for your money

   More Binarium screenshots

   

6. 

   6. IQcent

   3.1/5

   When it fits better

   Pick it for tiny trades from one cent and copy trading.

   Lowest deposit

   $10 vs $10

   Top payout

   95% vs 93%

   Good for

   Very small trades and copy trading

   Go to IQcentRead the reviewIQcent vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   IQcent and Olymp Trade by the numbers

   —	IQcent	Olymp Trade (what you use now)
   Lowest deposit	$10	$10
   Lowest trade	▲ $0.01	$1
   Top payout	▲ 95%	93%
   Win rate to break even	▲ 51.3%	51.8%
   Smallest withdrawal	$20	▲ $10
   Practice balance	Yes	Yes
   What you can trade	–	100+
   Trade durations	From 5 seconds (short-term)	5 seconds – 23 hours
   Pay-out speed	Faster on higher levels	Depends on account level and method; higher levels first
   BinaryChooser score	3.1/5	▲ 3.9/5

   What IQcent adds

   • +Copy trading

   What you lose

   • −Platform and apps: 3.9 vs 4.5
   • −Costs and minimums: 3.2 vs 4.4
   • −Payment options: 3.8 vs 4.4
   • −Support: 3.6 vs 4.2
   • −Licensing and openness: 1.5 vs 2.6
   • −Contests
   • −More ways to pay: E-wallets, Local payment methods
   • −More to trade: Shares

   What we think of IQcent

   IQcent suits very small trades or copying others, but the variable minimum, card fee and lack of oversight keep it near the bottom.

   Not for you if: You pay by card or want a regulator behind you

7. 

   7. BinaryCent

   3.0/5

   When it fits better

   Pick it for weekly contests if you can deposit USD 250 or more.

   Lowest deposit

   $250 vs $10

   Top payout

   95% vs 93%

   Good for

   Experienced traders who want weekly contests

   Go to BinaryCentRead the reviewBinaryCent vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   BinaryCent and Olymp Trade by the numbers

   —	BinaryCent	Olymp Trade (what you use now)
   Lowest deposit	$250	▲ $10
   Lowest trade	▲ $0.10	$1
   Top payout	▲ 95%	93%
   Win rate to break even	▲ 51.3%	51.8%
   Smallest withdrawal	$20	▲ $10
   Practice balance	No	Yes
   What you can trade	160+	100+
   Trade durations	From 5 seconds	5 seconds – 23 hours
   Pay-out speed	Faster on higher levels	Depends on account level and method; higher levels first
   BinaryChooser score	3.0/5	▲ 3.9/5

   What BinaryCent adds

   • +No clear gain on our criteria

   What you lose

   • −Platform and apps: 3.8 vs 4.5
   • −Costs and minimums: 2.9 vs 4.4
   • −Payment options: 3.7 vs 4.4
   • −Support: 3.6 vs 4.2
   • −Licensing and openness: 1.5 vs 2.6
   • −More ways to pay: E-wallets, Local payment methods

   What we think of BinaryCent

   BinaryCent is for experienced traders with a bigger budget who want contests. The entry cost, bonus rules and lack of oversight put it last.

   Not for you if: Your budget is small or you dislike bonus rules

8. 

   8. Exnova

   3.5/5

   When it fits better

   Pick it for shares and ETFs on a well-built platform from USD 10.

   Lowest deposit

   $10 vs $10

   Top payout

   90% vs 93%

   Good for

   A full-featured platform on a small budget

   Go to ExnovaRead the reviewExnova vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   Exnova and Olymp Trade by the numbers

   —	Exnova	Olymp Trade (what you use now)
   Lowest deposit	$10	$10
   Lowest trade	$1	$1
   Top payout	90%	▲ 93%
   Win rate to break even	52.6%	▲ 51.8%
   Smallest withdrawal	$10	$10
   Practice balance	$10,000	Yes
   What you can trade	250+	100+
   Trade durations	1 minute – 1 hour (fixed-time); free choice on digitals	5 seconds – 23 hours
   Pay-out speed	1–3 working days per the platform; complaints of delays	Depends on account level and method; higher levels first
   BinaryChooser score	3.5/5	▲ 3.9/5

   What Exnova adds

   • +Desktop app
   • +More to trade: ETFs

   What you lose

   • −Costs and minimums: 4.0 vs 4.4
   • −Payment options: 3.8 vs 4.4
   • −Support: 3.6 vs 4.2
   • −Licensing and openness: 2.0 vs 2.6

   What we think of Exnova

   Exnova offers a modern, cheap platform with many instruments. No public licence, a short history and withdrawal complaints keep it behind the established names.

   Not for you if: You need a licensed firm or an outside complaints route

   More Exnova screenshots

   

   

9. 

   9. Quotex

   3.7/5

   When it fits better

   Pick it for the highest advertised payouts and a long list of coins for deposits.

   Lowest deposit

   $10 vs $10

   Top payout

   98% vs 93%

   Good for

   High advertised payouts and crypto deposits

   Go to QuotexRead the reviewQuotex vs Olymp Trade
   Compare in full with Olymp TradeClose comparison

   

   Quotex and Olymp Trade by the numbers

   —	Quotex	Olymp Trade (what you use now)
   Lowest deposit	$10	$10
   Lowest trade	$1	$1
   Top payout	▲ 98%	93%
   Win rate to break even	▲ 50.5%	51.8%
   Smallest withdrawal	$10	$10
   Practice balance	$10,000	Yes
   What you can trade	–	100+
   Trade durations	From about 1 minute; varies by asset	5 seconds – 23 hours
   Pay-out speed	Depends on method; reviewers report a few days	Depends on account level and method; higher levels first
   BinaryChooser score	3.7/5	▲ 3.9/5

   What Quotex adds

   • +No clear gain on our criteria

   What you lose

   • −Payment options: 4.0 vs 4.4
   • −Support: 3.5 vs 4.2
   • −Licensing and openness: 2.1 vs 2.6
   • −Contests
   • −iPhone app
   • −More ways to pay: E-wallets, Local payment methods

   What we think of Quotex

   Quotex is quick to start and its advertised payouts are among the highest, but it has no licence, a shifting company structure and official warnings, including from Pakistan. If you use it, decline the bonus, deposit little and test a withdrawal first.

   Not for you if: You want a licensed platform or a bonus without heavy volume rules

   More Quotex screenshots

   

   

   

10. 

    10. Stockity

    3.5/5

    When it fits better

    Pick it for a no-frills screen and USD 1 trades.

    Lowest deposit

    $10 vs $10

    Top payout

    90% vs 93%

    Good for

    Beginners who want a very simple screen and small trades

    Go to StockityRead the reviewStockity vs Olymp Trade
    Compare in full with Olymp TradeClose comparison

    

    Stockity and Olymp Trade by the numbers

    —	Stockity	Olymp Trade (what you use now)
    Lowest deposit	$10	$10
    Lowest trade	$1	$1
    Top payout	90%	▲ 93%
    Win rate to break even	52.6%	▲ 51.8%
    Smallest withdrawal	$10	$10
    Practice balance	$10,000	Yes
    What you can trade	48–75 (by account level)	100+
    Trade durations	5 seconds – 60 minutes	5 seconds – 23 hours
    Pay-out speed	Depends on method and account level	Depends on account level and method; higher levels first
    BinaryChooser score	3.5/5	▲ 3.9/5

    What Stockity adds

    • +No clear gain on our criteria

    What you lose

    • −Platform and apps: 4.1 vs 4.5
    • −Payment options: 3.9 vs 4.4
    • −Support: 3.8 vs 4.2
    • −Licensing and openness: 2.0 vs 2.6
    • −Contests
    • −More ways to pay: Local payment methods
    • −More to trade: Indices

    What we think of Stockity

    Stockity is easy for small first trades, but its licence claim is unverified, its best terms need more money and withdrawals are capped. Practise on the demo, deposit the minimum and test a withdrawal early.

    Not for you if: You want a verifiable licence or large withdrawals

11. 

    11. Binolla

    3.4/5

    When it fits better

    Pick it if you fund with crypto and only trade currency pairs.

    Lowest deposit

    $10 vs $10

    Top payout

    92% vs 93%

    Good for

    Crypto users who want high payouts on currency pairs

    Go to BinollaRead the reviewBinolla vs Olymp Trade
    Compare in full with Olymp TradeClose comparison

    

    Binolla and Olymp Trade by the numbers

    —	Binolla	Olymp Trade (what you use now)
    Lowest deposit	$10	$10
    Lowest trade	$1	$1
    Top payout	92%	▲ 93%
    Win rate to break even	52.1%	▲ 51.8%
    Smallest withdrawal	$10	$10
    Practice balance	Yes	Yes
    What you can trade	–	100+
    Trade durations	From 5 seconds (scalping) to fixed-time trades of minutes	5 seconds – 23 hours
    Pay-out speed	Depends on method; crypto is usually quickest	Depends on account level and method; higher levels first
    BinaryChooser score	3.4/5	▲ 3.9/5

    What Binolla adds

    • +No clear gain on our criteria

    What you lose

    • −Platform and apps: 4.0 vs 4.5
    • −Payment options: 3.6 vs 4.4
    • −Support: 3.6 vs 4.2
    • −Licensing and openness: 2.0 vs 2.6
    • −iPhone app
    • −More ways to pay: Cards, Local payment methods
    • −More to trade: Crypto, Commodities, Shares, Indices
    • −Markets where Olymp Trade accepts you and Binolla doesn't: 1

    What we think of Binolla

    Binolla is reasonable for crypto users who want high payouts on currency pairs, but the licence is offshore, the history short and cards aren't accepted. Start small and test a withdrawal.

    Not for you if: You want to pay by card or trade shares and commodities

    More Binolla screenshots