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Olymp Trade alternatives

Other platforms open to residents of Mongolia, and the situations where each one fits better.

Olymp Trade logo

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

Why traders leave Olymp Trade

  • No strong regulator; Vanuatu oversight is light
  • On the Reserve Bank of India's Alert List
  • Best conditions only on higher account levels
  • Closed to the US, UK, Canada and the EEA
  1. Pocket Option logo

    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
    In Mongolia
    Accepts residents
    Compare in full with Olymp Trade
    Pocket Option trading screen
    The trading screen: asset, timer, stake and the payout shown before you trade (+67% on BNB OTC here).

    Pocket Option and Olymp Trade by the numbers

    —Pocket OptionOlymp Trade (what you use now)
    Lowest deposit$5$10
    Lowest trade$1$1
    Top payout92%93%
    Win rate to break even52.1%51.8%
    Smallest withdrawal$10$10
    Practice balance$50,000Yes
    What you can trade100+100+
    Trade durations3 seconds – 4 hours5 seconds – 23 hours
    Pay-out speedTypically 1–3 working days; crypto often quicker (user reports)Depends on account level and method; higher levels first
    BinaryChooser score4.1/53.9/5

    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

    Pocket Option home page
    Pocket Option's home page with the sign-up form and the free demo link.
    Pocket Option copy trading
    Copy trading: one trader's public stats and the 24-hour leaderboard, with names and IDs blurred.
  2. Expert Option logo

    2. 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
    In Mongolia
    Accepts residents
    Compare in full with Olymp Trade
    Expert Option home page
    Expert Option's home page with sign-up and the free demo.

    Expert Option and Olymp Trade by the numbers

    —Expert OptionOlymp Trade (what you use now)
    Lowest deposit$10$10
    Lowest trade$1$1
    Top payout90%93%
    Win rate to break even52.6%51.8%
    Smallest withdrawal$10$10
    Practice balance$10,000Yes
    What you can trade~100100+
    Trade durations5 seconds – 24 hours5 seconds – 23 hours
    Pay-out speedWithin 2 working days according to the platform; e-wallets and crypto can be quickerDepends on account level and method; higher levels first
    BinaryChooser score3.7/53.9/5

    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

    Expert Option account levels
    Expert Option's account levels and what each unlocks by deposit size.
    Expert Option leaderboard
    Expert Option's leaderboard of top traders, names and photos blurred.