OCTA – established in 2011 and headquartered in the Comoros – is a financial derivatives broker that distinguishes itself with its user-oriented, innovative, and often offbeat approach to trading.
I was most impressed by OCTA’s AI-powered market research and comprehensive educational content. Another great perk is its streamlined OctaTrader platform, which is available as a pleasant alternative to MetaTrader 4 and MetaTrader 5.
Traders can engage with 273 CFD instruments and 100+ US stocks for value investing. OCTA has also carved a reputation for itself as a broker that offers swap-free trading for all available instruments and at no extra cost.
Concerning OCTA’s drawbacks, I would single out its high crude oil spread and lack of a raw spread account.
Notwithstanding the areas in which OCTA is yet to make improvements, I deem the broker an excellent fit for long-term traders, investors, day traders, and copy traders.
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When reviewing a broker, we assess whether it suits different trading strategies and trader profiles. To achieve this, we evaluate the availability of the necessary features and tools. Here’s our verdict about OCTA:
OCTA supports copy trading on MT4 and MT5 at no extra cost. Signal providers can advertise their strategies and earn a subscriber-based commission, while signal followers can filter out the best available strategies and choose the most appealing to them.
OCTA doesn’t charge swap fees for all available instruments, so you can trade overnight at no extra cost. The offering could be even better if OCTA adds some low-risk securities, such as ETFs or bonds, which are typically preferred by swing traders.
The OctaTrader platform is integrated with the ‘Space’ section, which includes advanced market analytics and actionable trading signals that can be copied directly on the chart. I also appreciated OCTA’s ‘Trading Session’ and ‘Next Event’ trackers. The research offering could be improved by adding content from some third-party resources.
A $25 minimum deposit makes OCTA pretty accessible for retail traders. They can also benefit from OCTA’s robust market research, layered educational content, and user-friendly trading platform. On the other hand, the broker charges elevated spreads on instruments from certain asset classes, including crude oil and indices.
The OctaTrader platform combines a sleek design with detailed, easily scalable charts, making it a great fit for day traders. It also integrates actionable trading signals for more informed decisions. However, the broker charges mixed spreads that may that may reduce profit margins for active traders.
Scalpers with OCTA can benefit from the MetaTrader 5 platform, which features a decent range of scalping tools, such as 21 timeframes, Depth of Market (DoM) trading, floating stop orders, and one-click trading.
Automated trading is available on MT4 and MT5 via Expert Advisors (EAs). Both platforms are also integrated with built-in strategy testers. On the other hand, OCTA does not provide Virtual Private Server (VPS) hosting for low-latency trading or Cent accounts for algo testing.
OCTA provides 100+ real stocks of major U.S. companies for investing and portfolio building. To access those, a trader’s account must be funded with at least $10,000.
OCTA has developed a sophisticated OctaTrader platform integrated with AI-powered market research. Other standout features include the broker’s comprehensive educational offering and swap-free trading on all instruments.
I opened an OctaTrader account with the OCTA Markets Ltd entity and performed my tests on the OctaTrader platform and Octa trading app. Some features and services may vary depending on where you reside.
☑️ Regulations | MISA (Comoros), CySEC (Cyprus), FSCA (South Africa), FSCM (Mauritius) |
🗺 Supported Languages | English, Urdu, Hindi, Indonesian, Portuguese, Thai, Spanish, Chinese, Vietnamese, Bahasa, German |
💰 Products | Currencies, Stocks, Crypto, Indices, Commodities |
💵 Min Deposit | $25 |
💹 Max Leverage | 1:1000 (MISA), 1:30 (CySEC), 1:1000 (FSCA), 1:1000 (FSCM) |
🖥 Trading Desk Type | ECN, STP |
📊 Trading Platforms | MT5, MT4, Octatrader |
💳 Deposit Options | FasaPay, Cryptocurrencies, Wire Transfer, Skrill, Neteller, Credit Card, Ngan Luong, Visa |
💳 Withdrawal Options | Wire Transfer, Cryptocurrencies, Neteller, Skrill, Visa |
🤴 Demo Account | Yes |
🗓 Foundation Year | 2011 |
🌎 Headquarters Country | Comoros |
OCTA operates four entities that are regulated globally. It keeps client funds segregated and ensures negative balance protection. I found Octa’s legal information easily accessible and all-inclusive.
Entity Features | OCTA Markets Cyprus Ltd | Orinoco Capital (Pty) Ltd | OCTA Markets LTD | Uni Fin Invest |
Country/Region | Cyprus/Limassol | South Africa/Durban | Comoros Union/Moheli | Mauritius/Ebene |
Regulation | CySEC | FSCA | MISA | FSC |
Tier | 1 | 2 | 3 | 3 |
Segregated Funds | Yes | Yes | Yes | Yes |
Negative Balance Protection | Yes | Yes | Yes | Yes |
Compensation Scheme | Up to EUR 20,000 under ICF | No | No | No |
Maximum Leverage | 1:30 | 1:1000 | 1:1000 | 1:1000 |
When we review brokers, we look at the licenses held by each of their entities to understand how well they protect clients. We use a simple three-tier system to rank regulatory bodies, with Tier 1 being the most trusted and offering the highest level of protection.
This is what I discovered about the four entities operating under the OCTA trade name:
Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.
Here is how OCTA protects you:
To learn more about the most important safety mechanisms and how they apply to you, click here.
In our Trust category, we assess how stable and transparent a broker is. This includes how long they’ve been in business, the size of the company, and how openly they share important information.
I checked OCTA’s numbers and discovered that the broker has been operational for 14 years and employs over 700 professionals globally, according to its LinkedIn page. I also pored over OCTA’s legal documents, which are readily available, and determined that everything was in order.
I appreciate that OCTA displays live spread data on its website so visitors can quickly assess the broker’s fee competitiveness and transparency.
I concluded that OCTA is sufficiently safe due to the following factors:
OCTA’s fee structure is a mixed bag. On the plus side, it offers swap-free trading on all instruments, charges no inactivity fees, and doesn’t tack on handling fees for deposits or withdrawals. On the downside, its spreads vary widely, ranging from tight on EURUSD and share CFDs to high on commodities and indices.
I tested OCTA’s spreads on 5 August 2025 during the London and New York opens. The results are shown in the table below:
Instrument | Live Spread AM | Live Spread PM | Industry Average |
EURUSD | 0.9 pips | 1.0 pips | 1.08 pips |
GBPJPY | 2.4 pips | 2.6 pips | 2.44 pips |
Gold (XAUUSD) | 32 pips | 32 pips | 23 pips |
Crude Oil | 0.11 pips | 0.11 pips | 0.03 pips |
Apple | NA | 0.17 points | 0.33 points |
Tesla | NA | 0.30 points | 0.50 points |
Dow Jones 30 | 5.5 basis points | 5.8 basis points | 3.3 basis points |
Germany 40 | 5.4 basis points | 4.1 basis points | 2.4 basis points |
Bitcoin | $26.03 | $28 | $34 |
When broken down by asset class and compared to the industry average, OCTA delivers low spreads on share CFDs and average spreads on Bitcoin. Its EURUSD spread was impressively tight, but the GBPJPY cost was noticeably higher during my test. Commodities and indices also came in on the pricier side, with crude oil, the German DAX, and the US 30 index showing particularly elevated spreads.
A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
OCTA’s unique approach to swaps sets it apart from other brokers. All available assets are swap-free, with no hidden costs or extra commissions. This makes OCTA an attractive option for traders who hold positions overnight.
OCTA does not impose an inactivity fee on dormant accounts. Deposits and withdrawals are also free of charge with the broker, though third-party processing fees may apply.
Overall, I’d place OCTA’s fees in the mid-range. On the plus side, the broker offers swap-free trading and doesn’t charge any non-trading fees. However, during my tests, I found that spreads on some popular instruments were higher than the industry average.
OCTA’s flagship OctaTrader platform combines sleek, high-definition charts with built-in market research. It’s packed with AI-powered insights and educational webinars, and also comes in a mobile version for trading on the go. OCTA also supports the popular MT4 and MT5 platforms, both of which are ideal for algorithmic trading.
Platform/Tool | Suitable For |
OctaTrader (Web, mobile) | Easy order execution, advanced technical analysis, advanced market analytics, performance assessment, trading on the go |
MetaTrader 4 (Web, desktop, mobile) | Easy order execution, basic technical analysis, automated trading, trading on the go |
MetaTrader 5 (Web, desktop, mobile) | Easy order execution, basic technical analysis, automated trading, trading on the go |
I tested the OctaTrader web platform and was impressed by its seamless design, high-definition charts, and, especially, its ‘Space’ and ‘OctaVision’ features. ‘Space’ represents an all-in-one research tool, including actionable trading ideas, AI-generated signals, market news, technical breakdowns, and more. The ‘OctaVision’ AI tool helps traders track their performance and learn from their mistakes.
The great thing about the ‘Space’ feature is that it lets users copy trading signals directly from the chart, making it easier to act on insights quickly and make informed trading decisions.
The OctaTrader platform is available on most browsers and supports 13 languages, including English, French, Spanish, Portuguese, and more.
OctaTrader features include:
In my estimation, OctaTrader is a great fit for technical and day traders looking to scoop the next best trading opportunity, thanks to featured trading signals and market breakdowns. The platform is also suitable for beginners who can track their progress and learn from their mistakes using the ‘OctaVision’ tool.
I have broken down the available analytical tools and chart configurations below:
OctaTrader’s charts are light and easily scalable, allowing for detailed technical analysis. However, its analytical tools and chart configurations are very limited.
OctaTrader features three types of order execution: market, pending, and one-click trading, which supports immediate entries at the spot price.
I have broken down the available order types on the OctaTrader platform below:
I enjoyed using the OctaTrader platform because of its user-friendly design and high-definition charts. The ‘Space’ and ‘OctaVision’ tools are nice additions, greatly enhancing the platform’s capabilities.
On the downside, OctaTrader does not support all trading instruments available on MetaTrader, has a limited number of analytical tools and chart configurations, and does not support Depth-of-Market (DoM) trading.
The OCTA mobile app is available on iOS and Android, enabling quick and easy access to the market on the go. It is very useful for opening, terminating, and adjusting open positions.
The app can also be used to place market, limit, and stop orders and adjust the exposure of your open trades. It supports one-tap trading, watchlist customization, and trading alerts.
I appreciated that the app also offers access to OCTA’s massive library of past webinars, allowing newbies to learn hands-off even while on the go.
The OCTA app retains the versatility and functionality of its web version. The charts are pleasant-looking and detailed, though they lack a variety of technical indicators and chart configurations.
I appreciated that the app is packed with advanced market analytics, helping traders spot potential opportunities even on the go. I also like how OCTA caters to beginners by integrating past webinars directly into the app.
OCTA operates on a hybrid STP/ECN model, whereby client orders are either routed to the broker’s pool of liquidity providers, where they are filled at the best possible price, or they are matched (buying orders to selling orders and vice versa) at the interbank level using electronic communication networks.
OCTA offers 260 CFD instruments across currency pairs, commodities, shares, indices, and cryptocurrencies. The selection also includes 100+ U.S. companies’ stock for value investing. However, OCTA does not offer low-risk securities such as ETFs or bonds.
Markets | Number | Types | Industry Average |
Forex Pairs | 52 | Major, Minor, and Exotic | 30 – 75 |
Commodities | 5 | Metals and Energies | 5 – 10 |
Shares | 204 | Retail, Tech, Financial, Other | 100 – 500 |
Indices | 10 | US, EU, Asia, Other | 10 – 20 |
Cryptocurrencies | 27 | Major and Minor | 10 – 20 |
Compared to the industry average, OCTA offers a low number of indices, an average amount of currency pairs, commodities, and share CFDs, and a high number of cryptocurrencies.
CFDs (Contracts for Difference) let you trade on the price movements of assets—like gold—without actually owning them.
For example, if you go long on gold and the price rises, you profit; if it falls, you lose—without ever buying real gold.
The biggest perk? You can jump in or out of the market quickly to take advantage of even the smallest price changes.
Currency Pairs | Commodities |
EURUSD | GBPJPY | EURCHF | AUDCAD | USDMXN | EURJPY | Gold | Crude Oil | Brent Oil | Silver | Natural Gas |
Shares CFDs | Indices |
Apple | Tesla | JP Morgan Chase | Netflix | META | Wells Fargo | Amazon.com | Dow Jones 30 | Germany 40 | Australia 200 | Japan 225 | UK 100 | China 50 |
Cryptocurrencies |
Bitcoin | Ethereum | Litecoin | Ripple | Dash | Cardano | Bitcoin Cash | Tron |
While adequate for most retail traders, OCTA’s instrument lineup is fairly limited compared to competitors. It lacks low-risk securities like ETFs and bonds, as well as alternative contracts such as vanilla options and futures. On the plus side, OCTA provides 100+ real stocks for value investing.
OCTA excels in customer service thanks to its sophisticated AI assistant. It also offers support via email and has developed a FAQ section for more general questions. Help is available in multiple languages, including English, Spanish, Urdu, Arabic, and French.
Live Chat | Phone | |
24/7 chatbot from the website | support@octafx.com | Not Available |
When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
I tested OCTA’s AI chatbot on 5 August at around 13:18 CET and was genuinely impressed by its sophistication. The assistant clearly has access to a broad and well-structured knowledge base, as every answer I received was detailed, clear, and to the point. In many ways, I found it to be a more efficient and reliable option than traditional human agent support.
Available Languages |
English, Hindi, Urdu, Bahasa Melayu, Bahasa Indonesia, Basa Jawa, Spanish, Portuguese, French, Shqip, Turkish, Afrikaans, Kiswahili, Chinese, Thai, Arabic, Filipino, Vietnamese |
OCTA accepts payments via credit cards, cryptocurrencies, and different e-wallets. The broker does not impose a handling fee on deposits or withdrawals, though third-party banking fees may apply. OCTA’s processing times beat the industry average.
Deposit Method | Currencies | Fee | Processing Time |
Mastercard | EUR | $0 | Instant |
Skrill | EUR, USD | $0 | Instant |
Neteller | EUR, USD | $0 | Instant |
Litecoin | LTC | $0 | 3-30 Minutes |
Dogecoin | DOGE | $0 | 3-30 Minutes |
Tether (ERC20) | USDTE | $0 | 3-30 Minutes |
Tether (TRC20) | USDTT | $0 | 3-30 Minutes |
Ethereum | ETH | $0 | 3-30 Minutes |
Bitcoin | BTC | $0 | 3-30 Minutes |
Deposit Method | Currency | Fee | Processing Time |
Neteller | EUR, USD | $0 | 1-3 Hours |
Skrill | EUR, USD | $0 | 1-3 Hours |
Litecoin | LTC | $0 | 1-3 Hours |
Dogecoin | DOGE | $0 | 1-3 Hours |
Tether (ERC20) | USDTE | $0 | 1-3 Hours |
Tether (TRC20) | USDTT | $0 | 1-3 Hours |
Ethereum | ETH | $0 | 1-3 Hours |
Bitcoin | BTC | $0 | 1-3 Hours |
OCTA offers three retail accounts based on its trading platforms. All share the same pricing mechanism: an all-inclusive spread from 0.6 pips and zero commissions. All accounts can be converted for swap-free trading. The minimum deposit is $25, and the only available base currency is USD.
To create an account with OCTA, follow these simple steps:
Account Type | OctaTrader | MetaTrader 4 | MetaTrader 5 |
Spread From | 0.6 pips | 0.6 pips | 0.6 pips |
Commission* | $0 | $0 | $0 |
Base Currencies | USD | USD | USD |
Minimum Deposit | $25 | $25 | $25 |
Minimum Traded Volume | 0.01 lot | 0.01 lot | 0.01 lot |
Standard Contract Size | 100,000 units | 100,000 units | 100,000 units |
Stocks Trading | No | No | Yes |
Expert Advisors (EAs) | No | Yes | Yes |
Margin Call | 25% | 25% | 25% |
Stop Out | 15% | 15% | 15% |
Swap Free Account | Yes | Yes | Yes |
Demo Account | Yes | Yes | Yes |
*Round-turn per one full contract
The main difference between OCTA’s accounts lies in the trading platform they use. The OctaTrader account offers the best overall conditions of the bunch, but it doesn’t support algorithmic or stock trading.
Stock trading is only available through the MetaTrader 5 account, while Expert Advisors (EAs) can be used on both MetaTrader 4 and MetaTrader 5 accounts. All accounts come with a low $25 minimum deposit, making them accessible to most traders.
OCTA offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment. Since markets are constantly changing, it’s crucial to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account.
OCTA provides Islamic accounts for swap-free trading under Shariah Law. Please contact the broker for additional information.
Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.
In the table below, I have listed the maximum retail leverage available with OCTA for instruments from different asset classes:
Asset | Maximum Leverage |
Currency Pairs | 1:1000 |
Metals | 1:400 |
Energies | 1:400 |
Share CFDs | 1:40 |
Indices | 1:400 |
Cryptocurrencies | 1:200 |
OCTA does not accept as clients residents of the US, Canada, the European Union, India, Iran, Israel, Japan, Myanmar, New Zealand, North Korea, Pakistan, the Philippines, the UK, or any other jurisdiction where trading with leveraged products is prohibited by law.
OCTA stands out in the research category with a rich set of in-house tools, including daily market overviews, an economic calendar, and featured trading signals. I particularly appreciated its trading session tracker. While it doesn’t provide third-party research, the in-house content is more than sufficient for keeping up with market movements.
I have broken down OCTA’s research content below:
OCTA offers top-notch market research for a streamlined trading experience. I liked its innovative market trackers, sophisticated market breakdowns, and featured trading ideas. My only gripe is that it does not offer any content from third-party sources like Trading Central or Autochartist for extra nuance.
OCTA delivers a well-rounded and diverse educational hub, giving beginners a complete 360° view of the trading world. Its library is packed with webinars, videos, articles, and courses covering everything from technical and fundamental analysis to trading psychology and risk management.
The broker’s YouTube channel hosts over 400 educational videos and past webinars, tackling topics as simple as the ABCs of trading and as complex as Elliott Wave strategies. This rich video content is complemented by 70+ written articles on the OCTA website, giving traders multiple ways to learn.
Fresh webinars are published regularly in English, Malay, Thai, Spanish, and Portuguese, catering to all experience levels—from first-time traders to market veterans. OCTA has also created a detailed 11-lesson video course that dives deeper into core areas like chart analysis, market fundamentals, and building the right trading mindset.
OCTA, founded in 2011 and headquartered in the Comoros, sets itself apart with a trader-focused, innovative approach. The standout features include its AI-powered market research, extensive educational resources, and the sleek OctaTrader platform, which provides a refreshing alternative to MetaTrader 4 and 5. The broker’s policy of offering swap-free trading on all instruments, at no extra cost, is a rare advantage in the industry.
When stacked against competitors, OCTA lands in the mid-range for fees. While spreads on EURUSD and share CFDs are impressively tight, costs on commodities and indices—especially crude oil—are noticeably higher than average. Still, the lack of non-trading fees and its universal swap-free structure give it a significant edge for traders who hold positions overnight.
Overall, OCTA’s offering is well-suited for long-term traders, investors, day traders, and copy traders alike. Although its lineup of instruments could be expanded to include more low-risk securities like ETFs or bonds, it delivers strong value through its platform innovation, accessible account structure, and a combination of features that blend usability with robust market insights.
Headquarters Country | Comoros |
Foundation Year | 2011 |
Regulations | MISA (Comoros), CySEC (Cyprus), FSCA (South Africa), FSCM (Mauritius) |
Publicly Traded | No |
Number Of Employees | 100 |
Trading Desk Type | ECN, STP |
Trading Platforms | MT5, MT4, Octatrader |
Restricted Countries | United States, Ukraine, Austria, Bulgaria, Belgium, Croatia, Czech Republic, Sweden, Denmark, Estonia, Finland, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Svalbard and Jan Mayen, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Switzerland, American Samoa, Belarus, Cyprus, Guam, Kazakhstan, Marshall Islands, Northern Mariana Islands, Puerto Rico, Russian Federation, Virgin Islands, U.S., Philippines, Canada, Singapore |
Supported Languages | English, Urdu, Hindi, Indonesian, Portuguese, Thai, Spanish, Chinese, Vietnamese, Bahasa, German |
Min Deposit | $25 |
Max Leverage | 1:1000 (MISA), 1:30 (CySEC), 1:1000 (FSCA), 1:1000 (FSCM) |
Deposit Options | FasaPay, Cryptocurrencies, Wire Transfer, Skrill, Neteller, Credit Card, Ngan Luong, Visa |
Withdrawal Options | Wire Transfer, Cryptocurrencies, Neteller, Skrill, Visa |
Time to Withdrawal | 2 |
Time to Open an Account | 5 |
Crypto | Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Ripple, Dash, Zcash, TRON, Cardano, IOTA, Polkadot, Binance Coin, Chainlink, Uniswap, Solana, Decentraland |
Products | Currencies, Stocks, Crypto, Indices, Commodities |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | Yes |
Automated Trading | Yes |
API Trading | No |
Guaranteed Stop Loss | Yes |
Guaranteed Limit Orders | Yes |
Guaranteed Fills / Liquidity | No |
Economic calendar | Yes |
Trading From Chart | Yes |
One-Click Trading | Yes |
Expert Advisor | Yes |
Social Trading | Yes |
Autochartist | Yes |
Trading Signals | Yes |
Platform Languages | Portuguese, Chinese, Hindi, Thai, Vietnamese, English, Spanish, German, Bahasa, Urdu, Indonesian |
24 Hours Support | Yes |
Support During Weekends | Yes |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | Yes |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | No |
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
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