Octa Review in 2025 Spreads & Fees Compared

Octa Review in 2025 Spreads & Fees Compared

This is an impressive feature if you’re new to trading due to the constant flow of trading ideas with detailed market commentary that will help you learn in real time. Plus, you can fine-tune the Space by choosing specific instruments only to receive these ideas from – in my instance, I chose USD/JPY, gold, and EUR/USD. The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag. I like that you don’t have to fill out a questionnaire for support, you are taken directly to help in the form of AI. I found the account opening process to be rather straightforward where you complete an application filling your personal details and choose the platform you wish to work with.

Is Octa a good broker?

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. 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. Moreover, Octa offers opportunities for cryptocurrency trading, featuring popular cryptos like Bitcoin, Litecoin, and Ethereum. However, it’s important to note that Octa does not currently offer trading in stocks, ETFs, futures, bonds, or options.

OctaFX Trading Platform Review

Forex trading is a major focus, with over 52 currency pairs available, encompassing major, minor, and some exotic pairs. We were also quite disappointed to see that although they did offer EAs, there were no VPS promotions. These are usually packaged with most brokers and provide the client with a pre-installed VPS with a discount code at a hosting service. Moreover, if you are trading on the cTrader platform then you do not have access to cryptocurrency trading at all. So if you prefer trading on the cTrader platform but want to trade cryptocurrencies then you are in a bit of a bind. If you are looking for more in-depth explanations and documentation for some of the functions on the trading platforms then you can use their comprehensive manuals.

OctaFX Trading Platforms

Rather than specializing in any one field, Octa provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, Octa has room to enhance its research offering. For instance, I found that the content on the Octa Blog is not updated daily across all categories. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.

The Trustpilot Experience

• Overall, OctaFX has low spreads when compared with similar brokers.
• For experienced traders, or beginners looking to develop further, Octa also provides resources to learn 12 trading strategies including chart patterns like wedges and candlesticks like the hammer.
• Octa has 52 forex pairs for CFD trading including forex majors like USD/JPY, AUD/USD, and EUR/USD as well as minor and exotic pairs.
• In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience.
• In fact, the platform and broker have won many awards for this service.

Octa extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the OctaTrader account. All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. You will have free access to all of the trading accounts and these are unlimited.

Taking a look at the CFD markets octafx review available from OctaFX, it is noted that they offer a little more than 70 assets in total. Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions.

• This will help protect you from losing more money that you have in your account.
• Turns out the CySEC is the independent regulatory body responsible for financial oversight in Cyprus.
• To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types.
• Yes, OctaFX is regulated by the FSA of Saint Vincent and the Grenadines, offering a level of security and protection for traders.
• Octa is based in Saint Lucia but has multiple entities outside of Saint Lucia to provide financial services to clients in 180+ countries.
• Another video will take you step by step through your account section.

The range of deposit methods is decent, covering traditional, e-wallet and crypto, giving you a great choice of how to deposit (and withdraw) with no fees. I’d like to have seen an option for bank transfers as I feel most secure about this process. However, Octa has e-wallet options through Neteller and Skrill were also a positive as they also provide instant funding like the Mastercard option.