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Best Olymp Trade Alternatives (2022)

TradingThug by TradingThug
June 9, 2022
in Alternatives
Reading Time: 7 mins read
0

Table of Contents

  • TOP 3 Olymp Trade Alternatives
    • Pocket Option
    • IQ Option
    • Binomo
  • Conclusion – What are the alternatives?
    • What are Olymp Trade Alternatives?

TOP 3 Olymp Trade Alternatives

Olymp Trade is a very popular binary options broker among beginners. However, many people may find this broker insufficient and look for an alternative. Therefore, we have compiled a list of the best binary options brokers for people who are looking for an alternative to Olymp Trade. We paid attention to features such as regulation, modern platform, returns and a mobile app. If you live in Europe, you will also find a broker that accepts clients from your region on the list.

Quick Pick:

Best Features:

Best Returns: IQ Option

Best for Beginners: Binomo

Best Olymp Trade Alternatives
Pocket Option Logo



Pocket Option is a new binary options platform that has won the hearts of traders around the world. The broker offers access to a modern trading platform and a revolutionary copying function for profitable traders. The broker offers its services in every country in the world and is not subject to territorial restrictions because it is not established or licensed in regulated countries. Especially for Indian clients broker offers $10 min deposit.

Maximum Profit: 96%
Min. Deposit: $10
Min. Trade: $1
Assets: 100+ Crypto, Commodities, Stocks, and Currency Pairs
Platform: Web, Android, iOS, and Windows





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IQ Option



It is a binary options broker that was founded in 2013. It is one of the most experienced platforms on the market, offering access to binary options, forex, cryptocurrencies, commodities, ETFs and stocks. IQ Option is recognized as one of the most innovative brokers on the market. The broker offers an incredibly modern platform, lots of indicators and guides for beginner traders.

Maximum Profit: 98%
Min. Deposit: $10
Min. Trade: $1
Assets: Crypto, Commodities, Stocks, and Currency Pairs
Platform: Web, Android, iOS, MacOS & Windows





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binomo trading



Binomo is also the only broker that has achieved an A category in the International Finance Committee, which means you are guaranteed high-quality service, transparency and protection from a neutral and independent dispute resolution organization. At a time when most brokers do not have any regulation, Binomo reigns supreme with category A. If you are looking for a broker who will not cheat you, Binomo is the best solution.

Maximum Profit: 90%
Min. Deposit: $10
Min. Trade: $1
Assets: CFDs, Forex, Indices, Stocks, Commodities
Platform: Web, Android, iOS





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As you can see, the choice is very large. In our opinion, the best alternative to Olymp Trade is Pocket Option because this broker offers much more functions, has regulation and a great mobile app. However, if you are looking for a broker with the best mobile app, choose IQ Option – it is an experienced broker with a really extensive app and great returns. And if you are looking for a broker that offers the best conditions for VIP clients, choose Binomo. Regardless of what you choose, each broker has a free demo account that you can open by going to the broker’s website.

Pocket Option

Pocket Option as Olymp Trade alternative
Pocket Option Trading Platform

Pocket Option is an advanced binary options broker that was established in 2017 and quickly gained popularity thanks to its trading platform, which is the only one in the industry that offers all-in-one. On the platform you will find features such as copy traders, trading signals, bonuses, cashbacks, risk free trades, achievements and much more. The more you trade, deposit and withdraw, the more gems you earn. You can exchange gems in the “Market” tab for risk free trades, bonuses and cashbacks. Pocket Option is IFMRRC certified, which means that the deposit you paid is completely safe, and the quality of services is at the highest level. If you are looking for a professional binary options broker with a modern platform and many functions, choose Pocket Option. It is our number one broker in many countries around the world.

  • Regulation: Yes, IFMRRC
  • Minimum Deposit: $50
  • Minimum Trade: $1
  • Bonus: Up to 50%
  • Payouts: 95% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes, Android & iOS
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • US / UK / EU Traders: Accepted

If you open an account with this broker, you will receive a 50% deposit bonus!

IQ Option

iq option as Olymp Trade alternative
IQ Option Trading Platform

IQ Option is the most recognizable binary options broker on the market. The broker was founded in 2013 and quickly gained popularity thanks to its trading platform, which was the first to offer numerous indicators, professional analytical tools and an integrated economic calendar. Currently, over 100 million clients use the broker’s services. IQ Option is renowned for the highest returns in the industry and a high level of security. The broker is regulated by 7 entities around the world. IQ Option is not only binary options but also forex, CFDs, Crypto, ETFs and stocks. Due to legal restrictions, IQ Option cannot offer bonuses, signals or copy traders. If you are looking for a regulated binary options broker with a modern platform and the highest returns in the industry, choose IQ Option.

  • Regulation: Yes, CySEC, FCA, CONSOB, REGAFI, AFM, CNB, CNMV
  • Minimum Deposit: $10
  • Minimum Trade: $1
  • Bonus: None
  • Payouts: 98% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes, Android & iOS
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • US / UK / EU Traders: No
Visit IQ Option

Binomo

Binomo as Olymp Trade alternative
Binomo Trading Platform

Binomo is a very popular broker in the Asian market. The broker was established in 2014 and is distinguished by a modern platform with many analytical tools and a large number of indicators. Binomo regularly organizes tournaments where you can win cash prizes. Binomo is considered to be the best broker for VIP clients because it offers the best possible conditions if you decide to deposit over $1000. You will get access to closed VIP tournaments, weekly cashbacks, increased returns and a personal account manager who will help you earn from binary options and advise you on what and how to invest. If you are looking for a professional binary options broker and plan to make a deposit over $1000, choose Binomo. You will receive the best investment conditions and care.

  • Regulation: Yes, International Financial Commission 
  • Minimum Deposit: $10
  • Minimum Trade: $1
  • Bonus: Up to 75%
  • Payouts: 85% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • US / UK / EU Traders: No
Visit Binomo

Conclusion – What are the alternatives?

As you can see, there is a lot to choose from. Every broker on this list has been thoroughly checked by us, and you can find full reviews on our website. All brokers have a free demo account that you can open by going to the broker’s website and then clicking the “register” button. To open an account, you must provide your email address and password. In some cases, you will be able to choose your default account currency. The deposit payment and trading do not require any unnecessary formalities. You can start trading in minutes! If you want to withdraw the money you earn, it will be necessary to verify your account by confirming your identity and address. To confirm your identity, all you need to do is send a photo of your ID card or passport. To confirm the address, a photo of the electricity bill or bank statement is enough. Every broker in the world requires account verification to prevent money laundering.

What are Olymp Trade Alternatives?

For various reasons, you may not like the Olymp Trade. Most of the time, people are looking for an alternative to IQ Option after banning binary options in the European Union and Australia. For these people, the best alternative will be Pocket Option, which offers more features than Olymp Trade and accepts clients from virtually all over the world. For everyone else who simply doesn’t like Olymp Trade, we recommend IQ Option (best mobile app) and Binomo (for VIP clients)

Tags: Alternatives
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TradingThug

TradingThug is a team dedicated to deeply analyzing brokers in the forex and binary options industry. We carefully check each broker, risking our own money for our readers. Each broker goes through a multi-stage verification process before being recommended on our website. First, we open an account, then verify the details and make a deposit of at least $ 1000. We trade and withdraw profits or pay extra to the account. If the broker does not have any problems at any of these stages, we will prepare a review about it. By registering with one of the boxers recommended by us, you have a guarantee that you will choose the right one and not be deceived.

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Investments in OTC market instruments, including contracts for difference (CFDs), due to the use of the financial leverage mechanism, are associated with the possibility of incurring losses even with a slight change in the price of the underlying instrument on the basis of which the price quotation of a given instrument is based. It is not possible to make a profit on transactions on OTC instruments, including contracts for exchange rate differences (CFDs) without exposing yourself to the risk of loss. When making investment decisions, the client should use his own judgment.

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