An organic light emitting diode and an organic light emitting device thereof are provided, each including a first compound represented by following structure, a second compound as a p-type host and a third compound as an n-type host in an emitting material layer. As a result, the organic light emitting diode and the organic light emitting device have advantages in the driving voltage, the luminous efficiency and the lifespan. The organic light emitting device includes the organic light emitting diode and can be a display device or a lighting device.