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ChooseFxBroker

OctaFX / Octa

OctaFX / Octa Review 2025

4.0 / 5.0
Since 2011
Visit OctaFX / Octa

Company Overview

Founded
2011
Location
St. Vincent and the Grenadines (Global entity), Cyprus (EU entity)
Regulation
EU clients: Regulated by CySEC (Octa Markets Cyprus Ltd, License No. 372/18). Non-EU clients: Served by Octa Markets Incorporated (St. Vincent and the Grenadines), which is registered but not regulated by a major financial authority.

OctaFX / Octa Full Review 2025

Founded in 2011, OctaFX (now rebranded as Octa) has established itself as a notable player in the forex and CFD trading space. The broker operates through multiple entities, with its main regulatory oversight from CySEC (Cyprus) and FSCA (South Africa).

Regulatory Framework & Safety

The broker maintains varying levels of regulation:

  • Primary Regulation: CySEC (Cyprus)
  • Secondary Regulation: FSCA (South Africa)
  • Additional Presence: Mwali International Services Authority (MISA)

Note: Client fund protection varies by entity, with EU clients receiving up to €20,000 protection under CySEC regulation.

Trading Platforms

OctaFX offers a diverse platform selection:

  • MetaTrader 4 & 5: Full suite access
  • OctaTrader: Proprietary web platform
  • Copy Trading Platform: Social trading functionality

Recent Platform Improvements

The broker has made significant strides in 2024 with:

  • New Space module for enhanced technical analysis
  • Octavision module featuring AI-powered analytics
  • Improved charting capabilities in OctaTrader

Trading Costs & Account Types

  • Minimum Deposit: $25
  • Average Spreads: From 0.5 pips (EU entity) to 0.9 pips (international)
  • Commission Structure: Varies by account type
  • Account Options: Standard, Pro, and Raw Spread accounts available

Trading Instruments

  • Total Tradeable Instruments: 257
  • Available Markets:
    • Forex pairs (35)
    • Cryptocurrencies (CFDs)
    • Metals
    • Indices
    • Selected stocks

Research & Education

OctaFX has enhanced its educational offerings with:

  • Comprehensive market analysis
  • Daily trading insights
  • Economic calendar
  • Video tutorials
  • Webinars (live and recorded)
  • Trading guides for all skill levels

Client Support

  • 24/7 customer service
  • Multiple language support
  • Live chat functionality
  • Email and phone support
  • Extensive FAQ section

Trading Conditions

Minimum Deposit
$25
Trade Size
0.01 lots
Leverage
Up to 1:500 for non-EU clients; up to 1:30 for EU retail clients

Platforms

Available
MetaTrader 4 (MT4), MetaTrader 5 (MT5), OctaFX Trading App (proprietary mobile platform)
Mobile Trading
✔
Algo Trading
✔

Payment Methods

Deposit Methods
Bank Transfer, Credit/Debit Cards, Skrill, Neteller, Perfect Money, Local Payment Methods (varies by region)
Withdrawal
Same as deposit methods; generally no internal withdrawal fees, but external charges may apply
Processing Time
Withdrawals are typically processed within 1–3 business days

Customer Support

Hours
24/7
Channels
Live Chat, Email, Online Form
Languages
English, Indonesian, Malay, Spanish, Portuguese, Chinese, Hindi, Arabic, and others

Editorial Review

Opinion
OctaFX delivers a straightforward, cost-efficient trading environment, particularly for Forex and CFD instruments. While its EU branch offers the comfort of regulation and investor protection, the global entity gives access to higher leverage and a broader set of promotions. Its intuitive platforms, low minimum deposits, and multilingual support services present a balanced option for beginner and intermediate traders. More advanced traders might appreciate the ECN-like conditions but may also prefer entities under more robust oversight.
Best For
Beginners and intermediate traders seeking user-friendly platforms, low-cost trading, and flexible leverage. Also suitable for cost-conscious traders who value tight spreads and frequent promotions.

Pros

Low minimum deposit

Competitive spreads from 0.5 pips

Advanced copy trading capabilities

No commission on standard accounts

Cons

Limited regulatory oversight compared to top-tier brokers

No direct cryptocurrency trading

Arbitrage trading not permitted

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ChooseFXBroker (CFXB) is a third-party, independent review site. We may earn affiliate or revenue share commissions when you subscribe through links on our site, at no extra cost to you. Companies reviewed do not endorse or own this website unless explicitly stated.