- What is Octa?
- 55brokers Professional Insights
- Regulation and Security Measures
- Account Types and Benefits
- Cost Structure and Fees
- Trading Platforms and Tools
- Trading Instruments
- Deposit and Withdrawal Options
- Customer Support and Responsiveness
- Research and Education
- Portfolio and Investment Opportunities
- Account Opening
- Additional Tools and Features
- OctaFx Compared to Other Brokers
- Full Review Of OctaFx
Overall Rating 4.3 / 5
Regulation and Security Measures | 4.3 / 5 |
Account Types and Benefits | 4.2 / 5 |
Cost Structure and Fees | 4.3 / 5 |
Trading Platforms and Tools | 4.2 / 5 |
Trading Instruments | 4.2 / 5 |
Deposit and Withdrawal Options | 4.5 / 5 |
Customer Support and Responsiveness | 4.3 / 5 |
Research and Education | 4.2 / 5 |
Portfolio and Investment Opportunities | 4 / 5 |
Account Opening | 4.5 / 5 |
Additional Tools and Features | 4.6 / 5 |
What is Octa?
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts. Octa is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities.
Under its European CySEC license broker operates also a global offering from international entity, therefore we advise to check on carefully under which regulation you will fall as it may propose different trading conditions.
What Type of Broker is Octa?
Octa is an STP Forex Broker also runs high standards of secure trading environment, as of the regulation it imposes. The offering to the clients is wide and even comprehensive since it proposes the same if not more investment opportunities to the world trading community. In this OctaFx review, you will discover all the details about this broker.

Octa Pros and Cons
Octa provides international trading and supports many regions. The account opening is easy to follow, trading conditions are good, along with the platform selection and a range of instruments offered.
On the negative side, traders should make sure to check the proposals, as Octa is an international brand and a Cyprus one offers slightly different conditions. While obviously, Octa Cyprus is more trusted, the international proposal features more comprehensive tools and conditions along with education and research materials and MT4 availability.
Advantages | Disadvantages |
---|
Forex and CFDs offered | Phone support not available 24/7
|
MT5 and MT4 platforms offered | International trading offered by Comoros |
Fast account opening and free Demo account | |
No commission deposits and withdrawal options | |
Great trading tools | |
Octa Features
OctaFX is a competitive Broker with conditions vary based on the entity rules, since Cyprus conditions are less diverse for review purposes we will cover OctaFX Feature n International proposal. Below are the main features of Octa, each described with its benefits:
Octa Review Summary in 10 Points
🏢 Regulation | CySEC, FSCA, MISA |
🗺️ Account Types | 3 Accounts (MetaTrader4, MetaTrader5, OctaTrader) |
🖥 Trading Platforms | MT4, MT5, OctaTrader |
📉 Trading Instruments | CFDs on Stocks, Commodities, Forex, Metals, Indices, and Energies, Cryptocurrencies |
💳 Minimum deposit | 25$ |
💰 Average EUR/USD Spread | 0.8 pips |
🎮 Demo Account | Available |
💰 Account Base currencies | EUR, USD |
📚 Trading Education | Available only through the international entity |
☎ Customer Support | 24/7 |
Who is Octa For?
Based on Our findings and Financial Expert Opinion Octa is Good for:
- International Traders, Traders from Africa and Europe
- Beginning Traders
- Forex Traders
- Traders who prefer MT4 or MT5 platform
- EAs running
- Algorithmic Trading
- Octa Copy Trading
- Low Spread Trading
- Suitable for a Variety of Trading Strategies
Octa Summary
Overall, Octa provides good flexibility in terms of conditions, platforms, and instruments it proposes. Before we had some concerns due to its operation only through an offshore entity now Octa is regulated by the European CySEC aligned with the MiFID directive along with further expansion globally and obtaining additional licenses. Therefore means its operation is aligned to the necessary protection level.
We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading. It is definitely a great advantage that Octa offers both industry popular MetaTrader platform and its own proprietary App. Read more about Octa license through our News by the link.
55brokers Professional Insights
Recognized as a reliable broker as Octa operates for many years, it is fit for most traders, especially International traders since OctaFX proposal internationally is much wider and better quality too.
Octa is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders. Octa International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too.
Yet, EU traders are limited to mainly standard conditions or those form SA with different trading proposal still get quality trading overall, but especially EU are more of the standard trading proposal, we cant mark it as any attractive among competition. Octa’s trading environment is best for regular market participants for active traders. For people who engage in active trading, it is perfect with characteristics like market execution times of less than a second and with good selection of popular trading instruments included, yet nothing very diverse like thousands of instruments are not available at Octa, if this is your need better opt for other Broker like IG. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs.
Consider Trading with Octa If:
OctaFX is a Good Broker for: | - You are a beginner
- You Prefer commission-free trading
- You seek a variety of Instruments
- You Value Fast Execution
- You Want Swap-Free Trading Options
- You Appreciate Robust Customer Support
- You Are Interested in Copy Trading |
Avoid Trading with Octa If:
OctaFX is not the best for: | – Classic Investment Options
– Prefer other than MetaTrader Platforms
– You Require a Broad Range of Tradable Instruments
– You Engage in High-Frequency Trading (HFT) or Use Algorithmic Strategies
– Also some limitations based on enity rules, likeInternational proposal is good but EU traders are limited, so might not find Octa fir if
– You Prioritize Extensive Educational Resources, You Prefer a Wider Range of Deposit and Withdrawal Methods |
Regulation and Security Measures
Score 4.3/5
Octa Regulatory Overview
Octa is not a scam it provides a safe trading environment. Spanning across the globe, OCTA is subject to regulation by several authorities including the FSCA, MISA, and CySEC, reflecting the diverse regulatory landscape governing the activities conducted by OCTA.
Octa is a legit Broker. Now we can state that Octa and its entities show us a clear state of compliance with the necessary operation standards.In fact, the main gap for previous years of operation was that Octa was a brand of the Octa Markets company registered, regulated and governed by an offshore entity previously in SVG which is now moved to Comoros.
However, as the company developed the broker Octa established its legal entity in Cyprus and respectively got a license from the local CySEC, which also imposes regulations according to European ESMA standards. Besides, another license was obtained in South Africa regulated by FSCA giving a better expansion and regulated access to Africa Market.
Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international Octa entity.
How Safe is Trading with Octa?
The set of regulatory requirements enables protection to the clients and under European regulation includes – funds segregation, and application of negative balance protection while the broker is constantly overseen by the authority in terms of its safety compliance. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt.
Security
Here are some facts governed on how Octa establish Security for traders:
- Octa prioritizes strict security rules: The clients’ online data is protected with 128-SSL encryption, which is a protocol that uses a key of 128 bits in length and is considered very hard to crack.
- AML/KYC: Octa follows international regulation standards on Anti-money laundering and Know-your-customer procedures to verify the identity of its clients and prevent illicit activities. All global brokers must adhere to these policies.
- Money transfers: Even if unauthorized access occurs, such as losing your device, withdrawals are restricted to the methods used for deposits. While this might seem inconvenient at times, it’s essential for ensuring the security of the trader’s money.
- Verification: Traders may find the verification process inconvenient, but it plays a crucial role in ensuring their safety. It serves to prevent money laundering through KYC/AML policies and safeguards against anonymous withdrawals, protecting traders from potential theft. Verification doesn’t have to be done immediately upon registration, and traders can initiate it at their convenience.
- Negative balance protection: Ensures that traders’s risks are limited to the funds they have deposited. This protection automatically adjusts the account balance to zero if it becomes negative. This measure is crucial, especially during volatile market conditions, as it safeguards traders from unexpected losses beyond their control.
Consistency and Clarity
Octa shows a dedication to transparency and financial stability for the years it started to operate under more reliable licenses. Since previously Broker had only offshore registration we had some concerns of its trust, but since there are additional licenses obtained with control by the Financial Sector Conduct Authority (FSCA) in South Africa and the Cyprus Securities and Exchange Commission (CySEC), Octa follows strict financial criteria, therefore ensuring a safe trading environment for its customers. The broker manages different accounts, which keeps client money apart from operational resources, hence improving security.
Overall, with our research we find Octa ensures that customer information stays private by using cutting-edge encryption technologies to guard financial transactions and sensitive data. The broker also provides negative balance protection, therefore shielding customers from losing more than their account balance in a declining market. Octa, with a trust score of 70, is regarded as having ordinary risk, thereby giving traders a fair degree of confidence about its dependability and operational integrity.

Account Types and Benefits
Score 4.2/5
Which Account Types Are Available with Octa?
Octa broker offers three account types available at International porposal that also define trading conditions by the platform that is used for trading itself. Conditions are also based on enityt, as EU account offering is different.
See some of our finds about Octa Login and Trading Accounts below:
- Cyprus entity offers an MT5 account offered for a conservative trader as it is suitable for the majority of investors and also supports all trading styles and social trading as well.
- Yet, the international proposal in addtion to MT5 includes also MT4 and OctaTrader accounts based on the platforms, besides Micro Trading on MetaTrader4 platform is offered too. It is recommended for novice traders and allows micro lot trading with floating spreads starting at 0.6 pips,Also check brokers with fixed spread since all fees are ased on floating spreads at Octa. Also, instruments selectionn is different based on account type.

Regions Where Octa is Restricted
Octa does not provide services to clients from several countries, including the European Union via International Branch, since there is a separate site for EU Octa Trading, also the United States of America, and residents of Canada, the European Union, India, Iran, Myanmar, North Korea, Pakistan, the Philippines, the United Kingdom, and the United States of America.
Overall, we advise to check conditions based on Octa entity you wish too trade through.

Cost Structure and Fees
Score 4.3/5
Octa Brokerage Fees
Octa imposes no commissions, no overnight or trading charges. Octa’s profit is already included in spreads as a markup. All the profit you make is yours. Fee table see below, also always consider other than trading fees like funding fees and inactivity.
Starting at 0.6 pip on main currency pairs like EUR/USD for all three account avialable at International trading, the broker offers reasonable spreads. For traders—especially scalpers—this low spread structure is helpful since it lowers the total trading expenses and increases profit possibilities.
Octa works on a spread-only basis; hence, separate commissions for trading are not paid. The spreads include trading-related charges, therefore simplifying the fee structure and enabling traders to grasp their expenses better.
Octa has recently announced about it going swap-free in all the regions it operates. Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees. Due to this traders will no longer hesitate to use mid-term and long-term stategies. This means, Octa clients are free to hold as many orders as they wish for as long as they want. Those who follow Islamic financial principles or traders who want to minimize overnight financing expenses will especially benefit from this function.
Octa Additional Fees
Octa maintains a clear fee structure, mostly focusing on trading expenses and thereby minimizing non-trading fees. Since the broker charges no account opening, deposit, or withdrawal fees, traders may effectively manage their funds.
However, traders may be charged third-party processing fees—which Octa has no influence over. Furthermore, although Octa does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion. For traders trying to cut non-trading costs, Octa’s attitude to extra fees stresses affordability and openness, which appeals.
How Competitive Are Octa Fees?
Octa Fees are ranked low based on our testing and compared to over 500 other brokers. Overall fees are at good level and spreads are on lower levels compared to industry, some deposits and withdrawals are free of charge but it is necessary to check conditions fully since rules based on enityt conditions.
Also, there is no commission based account soffered all Broker fee strucutre is based on spread, which is important to note for trades who prefere commission fee structure.
Asset/ Pair | Octa Spread | AvaTrade Spread | Pepperstone Spread |
---|
EUR USD Spread | 0.8 pips | 1.3 pips | 1 pips |
Crude Oil WTI Spread | 6 pips | 3 pips | 2.4 pips |
Gold Spread | 2.8 pips | 40 | 0.15 pips |
Score 4.2/5
For Octa platform offering you may select either industry-leading software like MT4, MT5 and there is OctaTrader App available for your choice. The broker offers the older MT4 option for those clients who prefer conducting their trades on it, also a newer version MetaTrader5 with all benefits included and not restricted strategies. See more of our finds below:
Octa Web Platform
With our findings on Octa, both platforms support various versions that you may access either just by loading through your browser without any installation which is very useful WebTrader, yet Web Trading iis always limited with tools.
OctaFx trading platform features the same benefits the mobile apps have: quick response, fast order execution, fast withdrawals, and 24/7 online support. Customizable feed with trading ideas and deep analysis, is also available online. Trades you open in the app and on the desktop platform are automatically synchronized, so traders can easily switch between the devices.
Main Insights from Testing
Beginning and expert traders can use the Octa web platform because of its easy-to-use interface. It lets customers make rapid and effective trades without unnecessary complexity, therefore supporting complex trading activities. Providing access to sophisticated charting tools and technical indicators, the platform effortlessly connects with MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
The “Space” functionality, which provides tailored trading ideas and market analysis straight on the platform, is one prominent feature. This function gives pertinent insights in real-time, hence improving decision-making. The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily.
Octa Desktop MetaTrader 4 Platform
Designed to appeal to both beginners and advanced traders, the Octa Desktop MetaTrader 4 (MT4) platform is much praised for its reliability and adaptability. The software showed robust charting tools and broad technical analysis capabilities throughout testing, therefore enabling users to personalize their trading environment properly.
By means of Expert Advisors (EAs), MT4 supports automated trading, therefore improving trading efficiency and facilitating users to apply algorithmic techniques effortlessly. The trading experience is enhanced by the availability of more than 25,000 custom indicators and plugins; the interface is simple, and navigation is easy.
Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, Octa’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches.
- Yet, Octa caps the daily number of requests at just 30 and sets rigorous restrictions on them each minute. This limitation essentially forbids software and tools used in more frequent transactions than this. Octa might not be fit if you rely on algo trading or HFT.
Octa Desktop MetaTrader 5 Platform
Advanced tools and features on the Octa Desktop MetaTrader 5 (MT5) platform improve trading experience. It includes 21 timeframes and over 80 technical indicators, therefore enabling thorough market analysis. With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a critical ability for busy traders.
To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types. The built-in news feed and economic calendar of the platform help traders stay current with market events. Moreover, the integrated copy trading function lets customers duplicate the winning strategies of seasoned traders, so promoting a cooperative trading atmosphere. For people looking for a sophisticated trading experience, Octa’s MT5 platform offers a strong and flexible trading alternative overall.
Octa MobileTrader App
The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time. MT5 mobile offers various charting capabilities and customization which is fantastic for mobile trading along with full management of your account.
Main Insights from Testing
Available for Android and iOS smartphones, the Octa MobileTrader app offers a flawless trading experience. The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades. With 30 technical indicators and 15 drawing tools, the app allows efficient chart analysis right away.
The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders.
How does Octa copy trading work?
Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge. You simply start following some pro trader you’ve picked, and Octa CopyTrading app automatically copies their trades.
CopyTrading is perfect for beginners and those who want to profit without devoting much time to managing their portfolios.
- To start, you only need to pick a Master Trader based on several criteria: their overall profit, number of copiers, and risk score. Every Master Trader sets up the percentage of commission they take. Some of them offer a free 7-day trial, so you can test as many Master Traders as you want.

Trading Instruments
Score 4.2/5
What Can You Trade on Octa’s Platform?
So what can you trade with Octa? The market range offers you the most demanded instrument while based on the CFD trading model with an opportunity to speculate on the price movement of Octa FX currency pairs, Metals, Energies, Indices, and also we found Octa added Cryptocurrencies too.
The most popular trading assets at Octa are:
- Forex: EURUSD, GBPUSD, USDJPY, GBPJPY, USDCHF, AUDUSD.
- Indices: NAS100, US30, GER40, SPX500, JPN225
- Cryptocurrencies: Bitcoin, Ethereum, Ripple, Solana, Bitcoin Cash
- Metals: Gold XAUUSD, Silver XAGUSD
- CFDs on stocks: Apple, Tesla, and other assets from 16 stock exchanges
- Energies: crude oil XBRUSD, gas XNGUSD.
Main Insights from Exploring Octa’s Tradable Assets
Octa is a versatile choice for traders since it presents a good range of over 300 trading instruments across several asset classes, yet the range is consistant of mainly most popular and volatile instruments. For a wider selection of products with thousands of instruments we would advise selecct other Broker then.
Overall, the range is suitable for most traders either beginners or tradrs with experience, also we would mark that range of Products vary by the platoform you use also the entity of OctaFx.

Leverage Options at Octa
As for the leverage, a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the Octa broker as well. However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly.
The broker offers various leverage levels based on the entity you trade with, like Cyprus traders offering a maximum of 1:30 for Forex instruments, and 1:200 available for South Africa.
While the following leverage opportunities available for international traders:
- Up to 1:1000 for currency pairs
- Up to 1:400 for commodities
- Up to 1:400 for indices
- Up to 1:40 for CFDs on stocks
- Up to 1:200 for cryptocurrencies
Risk Level
The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk of losing money as well. For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders.
Octa Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with Octa European entity will fall under ESMA regulation Leverage.
Yet, if you still prefer to use high leverage, the international entity of Octa Leverage still allows so.
- European traders’ leverage is a maximum of 1:30 for major currency pairs, 1:10 for Commodities
- International traders can still use leverage until 1:500
Deposit and Withdrawal Options
Score 4.5/5
Deposit Options at OctaFX
As a licensed broker that obliges to safety measures, Octa Cyprus offers only Bank Wire Transfer for its European clients. As for the international entity it also includes Credit Cards, e-wallets and other methods which you may check with customer service before any transfer is done.
What is also great, there are no charges for deposits so you won’t pay any commission, however always define it with your payment provider or Bank itself as an international rule varies from one jurisdiction to another.
Minimum Deposit
Octa minimum deposit is $25 allowing you to open an account and start trading. However, the minimum deposit amount may vary depending on your region and the payment method you choose.
Withdrawal Options at Octa
Octa withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity. Octa also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, Octa confirms withdrawals within 1-2 business days, but allow extra days for your Bank to process the transaction.
Octa offers several withdrawal methods for traders’ convenience. Bank wire, credit or debit cards (Visa), and well-known e-wallets like Skrill and Neteller enable clients to take money out. Octa also enables withdrawals from Bitcoin, Ethereum, Litecoin and Tether, all available at International Trading
The method determines the minimum withdrawal amount: credit cards $20; Skrill and Neteller $5; cryptocurrencies 0.00096 BTC or 0.005 ETH. Octa charges no internal withdrawal fees; third-party processing costs could apply.
Octa is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account.

Customer Support and Responsiveness
Score 4.3/5
Testing Octa’s Customer Support
Octa customer support provides its clients with 24-hour live support available through live chat, email, and phone support in various languages. Both Live Chat and Email are available in various languages including Bengali, Chinese, English, Hindi, Indonesian, Malay, Portuguese, Spanish, and Thai languages.
Contacts OctaFX
Octa ensures traders’ easy access to help by offering several lines of communication. Live chat is the main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. Traders can email the support staff at support@octafx.com for non-urgent questions.
Octa also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management. The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication.

Research and Education
Score 4.2/5
Research Tools OctaFX
Octa research provides various tools and data available to traders including Market insights, economic calendars, News, as well as overview of the Strategies. The fintech company’s native data science team synthesizes its findings with the expertise of third-party professionals, independent institutions and data labs to produce a comprehensive, but distilled data which is a great benefit for traders. As per our finds on Octa there are two main Research sources Broker provides:
- Analyzing the market: this ongoing stream of information gathering and evaluation is available through real-time connection to some of the most reliable news agencies in the world. So all impacts can be put into the context of Foreign Exchange trading and analyzed properly
- Communication: Octa employs much effort into its company blog and news segments with analytical pieces. The company’s publication channels also include frequent email updates on all things Forex and expert articles on third-party industry platforms.
Education
Octa has good educational and training tools for beginners as well as expert traders. According to data, traders using Octa’s educational content tend to make a larger profit which is indeed a benefit. Octa research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media.
- Octa provides Education and Analysis through its international brand along with unlimited demo platforms allowing to practice strategies and test the offered systems. The recent update of Octa offers good materials with quality videos, YouTube in various languages and regularly held seminars.
- Octa Education ranked with overall rating great for International proposal, yet we lower the score as 4.2 out of 5 based on our findings since there is no provided education or Trading Academy itself for Europe clients, therefore conditions based on enity proposal drastically
Is Octa a good broker for beginners?
Octa’s minimum deposit requirement of just $25 makes it accessible for new traders, it is a perfect broker for beginners. To properly increase their trading skills, the platform provides thorough instructional tools, including webinars, beginning and advanced trading videos, and trading glossary.
Octa also offers a demo account tool so that beginners may test trading with virtual money, therefore reducing risk. Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further. New traders wishing to enter the financial markets find Octa appealing overall since it combines affordability, knowledge, and user-friendly tools.

Portfolio and Investment Opportunities
Score 4/5
Investment Options Octa
Octa offers a range of trading opportunitites mostly targeted on Contracts for Difference (CFDs) among several asset classes, however there is no classsic Investment Plans or Opportunitites provided by OctaFX.
As a Invesmtnet Opportunitites avilable at Octa we will mark availability of Copy Trading which is a good option for various traders. Octa shines in giving several trading tools for active traders, however, individuals looking for long-term investments could have to take more thought on other platforms, including bonds and ETFs.
Account opening
Score 4.5/5
How to open Octa Demo Account?
At Octa there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and Octa conditions better. Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple submit on website and get started.
Here are the steps to open an Octa demo account:
- Visit the Octa website and click on “Demo account” under the “FX Trading” menu.
- Click the “Open Demo Account” button.
- Fill out the registration form with your name, email address, and desired password. You can also use your Facebook, Google, or Apple ID to sign up.
- Check your email for the confirmation message containing your login details.
- Log into your Octa account dashboard.
- Scroll down to “Create Account” next to “Your Accounts” and choose your desired trading platform – MT4 or MT5.
- Select “Demo” under “Account Type” and download the trading platform.
- Customize your demo account by choosing the base currency (USD or EUR), leverage, and starting balance.
- Start practicing your trading strategies on the demo account without risking real money.
How to open Octa Live account?
Opening a live account with Octa is a straightforward process. Follow these steps to get started:
- Visit the Octa Website: Go to the official Octa website.
- Click “Open Account”: Locate and click the blue “Open Account” button at the top right corner of the homepage.
- Fill in Basic Information: Enter your name, email address, and create a password. You can also sign up using your Facebook, Google, or Apple ID.
- Confirm Your Email: Check your email for a confirmation message from Octa and click the link to verify your account.
- Provide Additional Details: Complete the required KYC (Know Your Customer) information by entering your date of birth, residential address, and trading experience.
- Choose Account Type: Select your preferred trading platform (MT4 or MT5), account type (live or demo), base currency (USD or EUR), and desired leverage (up to 1:1000).
- Upload Verification Documents: Submit a copy of your government-issued ID and proof of residency to complete the verification process.
- Make Your Initial Deposit: Fund your account with a minimum deposit of $25 to start trading.

Score 4.6/5
Octa provides various special tools and features that improve the trading experience outside of traditional platforms and typicall tools provided by the research avialable on site. Here are few more additonal features that are available aminly on Intrrnational branch.
- Autochartist, an automated pattern identification program that searches the markets for possible trading prospects, detecting chart patterns and Fibonacci levels to provide real-time alerts and analysis, is one particularly noteworthy feature.
- Octa Copy Trading is another interesting tool that helps less experienced traders follow and copy the trades of successful traders therefore improving their learning curve.
- Octa Space offers tailored trading ideas and market analysis right on the site, therefore offering unique insights. These instruments taken together show Octa’s dedication to provide its clients with a complete and creative trading environment.
Contests and offers
- Deposit bonus. Traders can get from 10% to 50% bonus on every deposit. In times of special offers, traders usually get a 100% deposit bonus.
- Trade and Win program. Traders collect prize lots for trading with Octa and spend them on iPhones, other gadgets, and merch packs in the Octa Trade and Win gift collection.
- Champion Demo Contest. Trading on a demo account, clients get into the top 5 with the highest balance by the end of the contest round and win up to $500.
- Special events. Octa holds special promotions every Republic Day, Independence Day, IPL season, their birthday in July, Diwali, and New Year. These may include lowered spreads, extra deposit bonuses, prize draws, and other offers. Every client can participate and enjoy them. Good time to trade with even better trading conditions.

OctaFx Compared to Other Brokers
Overall OctaFX proposal is good quality, yet the mainn issues compared to other brokers is that trading proposal is too different based on entity Octa operates, alike EU trading conditions are very basic, only 1 platform offered, no education, while International entity provides more platforms, good research and education, also numerous other benefits. It is something typicall among all broker since International trading indeed less restricted, therefore all broker offer more opportunities, but there is difference since other competitors conditions we would mark more balanced among entities.
THerefore, is slightly hard to evaluate OctaFX since International codnitions are overall good, and EU are limited compared to industry. ALso, the points Octa does not win include instrument selection, lack of commission based accounts and more of the basic choice of platforms, buut spreads and costs at Octa are considered good. While other Brokers like Pepperstone or XM, also IC Markets might be more appealing for platforms fees, education and their high reputation too.
Parameter |
Octa |
Pepperstone |
ThinkMarkets |
XM |
IC Markets |
Spread Account |
From 0.6 pips |
From 1 pips |
From 0.4 pips |
From 1.6 pips |
From 1 pips |
Commission Account |
Not available |
From $3.5 round turn per lot |
0.0 pips + $3.5 |
Only on Shares Account |
0.0 pips + $3.5 |
Fee Ranking |
Low |
Low/ Average |
Average |
Average |
Low/ Average |
Platforms |
MT4, MT5, OctaTrader |
MT4, MT5, cTrader, TradingView |
MT4, MT5, ThinkTrader , TradingView |
MT4, MT5, XM WebTrader |
MT4, MT5, cTrader |
Instruments |
300+ |
1,200+ |
4000+ |
1,000+ |
1,000+ |
Regulation |
FSCA, MISA, CySEC |
ASIC, FCA, CySEC, DFSA, SCB, CMA, BaFIN |
FCA, ASIC, FSCA, FSA, CySEC, JFSA, CIMA, FSC, DFSA, FMA |
CySEC, ASIC, IFSC, DFSA |
ASIC, CySEC, FSA |
Education |
Good. N/A for EU Traders |
Excellent |
Excellent |
Excellent |
Good |
Minimum Deposit |
$25 |
$0 |
$50 |
$5 |
$200 |
Full Review of OctaFx
With more than 42 million accounts spread across 180 countries, multi-regulated broker Octa provides a wide range of trading options across asset classes. Octa provides low spreads, no commissions, and a minimum deposit of $25 using over 300 instruments—including 52 currency pairings, 34 cryptocurrencies, and 10 global indices.
For Forex transactions, it provides leverage up to 1:1000 available at International entity and supports well-known systems such MetaTrader 4 and MT5. Additionally Octa also offers instructional tools like trading calculators and Autochartist along various contests and promotional programs. Customer service is provided around the clock; the broker’s security dedication calls for SSL encryption and rigorous KYC practices. It does not, however, provide some investing options, including ETFs or bonds. Also, conditions are very different on safer choice of Octa entity in Cyprus, and international proposal where much better opportunities offered overall.
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I tried octa recently, the platform is indeed convenient and can be trusted. I especially found instant notifications, a very useful thing to control more trades, without looking at the charts.
What are your impressions about the Octa broker, in general?
yeah I’m not sure when in 2024 it was written, but AI tools at Octa need review too, they’re good
No questions to the octa broker. That was my first and for now the last broker. It was both a reliable and convenient trading experience there. Food platforms, fast payments, friendly support…
Be weary of fake investment Holdings as i experienced a significant loss with Iron Fx
It’s recommended to start trading with octa broker from just $100, but technically your real live account gets activated when you bring at least $25. That’s a very good deal given how many platforms you get access to.
MT4,MT5, octa app. And every singe platform has different apps adjusted to the device you’re using. Trading conditions here are also excellent!
I faced many octa reviews and some of them even were so impactful that I opened an account on the platform, but this one seems to be the most objective.
After trading for a while, I understood that the broker has both pros and cons but pros anyway outweighs disadvantages, otherwise, there would be no of such hype around the brand. I love their Octa Trader! Advanced platform🥰🥰
I can’t disagree with you, man! The octatrader platform is convenient to use! From my perspective, it has more functionality than common platforms like mt4 and mt5, let alone the user interface.
idk i’d def give octa broker 5 stars of rating just becae i literally was brought as a trader by’em
Octa is a good platform, but I’m skeptical about their long-term reliability. Have you had any issues with their support?
By the way, about support – no
I faced some troubles with them but only on my onboarding stage so to speak and it was because of my inexperience in all this business.
Support helped me much to understand how I could use calculators, what assets could be traded and so on and so forth. Also they helped me to with some questions about my account, deposits and withdrawals. All in all… they are helpful enough and always ready to rescue you.
seems like pros outweigh the cons by a long shot.
Actually the broker also introduced AI recently that helps with trading, I wonder how that will pan out.
OctaFX has been great so far! Easy deposits and quick support. Highly recommend!
Are the rumors true that I can use crypto transfers to deposit my Octa trading account?
Rumors? more like facts. Anyways yeah the broker has various payment options so you can choose anyone that most convenient.
I have heard a lot of times about the Octa broker and it seems they have become really popular among trading circles. I wonder what’s special you can tell me about the Octa company?
It depends on what does “special” mean for you. Like some traders are surprised and delighted with the copy trading service here. It’s really an advanced one, so I can advise you to test it.
Lightning-fast execution. I am impressed that my trades were executed as soon as I pressed that sell or buy button.
Outside of volatile market conditions, slippages are almost non-existent.
This broker has an affordable minimum deposit of $25 which is cool!
I only trust my personal experience when evaluating some services. Nevertheless, I decided to read about what is written about my broker in this article.
In general, I did not waste my time here
Trust and exploring are two totally different things. ✌️
Exploring reviews and articles about a broker does not necessarily mean you build trust in it.
I really wonder, what is special about Octa broker and why is it worth it to start cooperating with them?
It’s just a well-established trading platform with all instruments for convenient trading.
The great with the great services. I think it is worth it to trade through this company.
Hi, it’s me Rosco
MT4 ID (OctaFx trading account number) : 42830285
Broker Name : OctaFX
I was trading with OctaFx for almost 5 months. I have open account on December, 2022, after day to day trading I made some profit of USD $ 16,928. They have just refund me USD $1200.00 and refused to refund other amount. They have forcefully cancelled my six trades and further, block my account for permanently.
I tried to contact their customers support, however they are unable to explain anything regarding this incident to me.
Having withdrawal issue with this broker. Email said withdrawal completed, but fund not receive in my account. Taking few days to get help from online chat, and also email support, still pending for the fund to return to me….very bad experience
I’ve used Octafx for years,ZERO issues
For myself l can only say I’ve made money & lost money.These guys are Excellent.
Very fast deposits & withdrawal
I recommend all Traders too Run your Trading platform screens with multiple brokers & its very easy too see if you are being manipulated.Have several Computer screen setups & Demo Trade others while live Trading one & the Truth will show.
Thankyou too Octafx international
Is a bad platform to use. they have a stop out in the trading platform before your stop lost if your margin is 15% below, stop out will automatically triggered. as traders if you not awre, you lose money. they dont warn you. so better go to other better platform.
Kena scam hahaha
why do think it is scam?
Saya melabur rm400 dgn janji pulangan rm8k dum masa 24 jam. Selang beberapa jam dia og pm suruh topup rm2k lebih sebagai jaminan kpd bursa Malaysia. Ty tak bayar topup tersebut…..sampai hari ni satu sen pulangan tak dapat lagi.
If I make a deposit,how longer will I wait to receive my income-
Thanks it’s quiet understandable