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Octa vs Wisdom Financial Service
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Octa currently holds a stronger overall rating (4.1) than Wisdom Financial Service (0).
Octa has a lower minimum deposit, at 20.0.
Both platforms offer their clients demo accounts, mobile trading.
Traders should note that
both companies offer the same minimum lot size 0.01, but Octa has a maximum lot size of 1000.0, while Wisdom Financial Service offers 10.0.
Octa offers a lower maximum leverage of 1:1000, whereas Wisdom Financial Service allows trading with up to 1:100000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 20.0 | 100.0 |
| Commission | 0.0 | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 4 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 1000.0 | 10.0 |
| Spread | Fixed, Variable | Variable |
| Broker type | STP, ECN | STP, ECN, Market Maker, Pro |
| Maximal leverage (1:?) | 1000 | 100000 |
| Availability | STP, ECN | STP, ECN, Market Maker, Pro |
| Regulation | CySEC (Cyprus), FSCA (South Africa) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Octa Trader | MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Moneybookers, Perfect Money, Neteller, Skrill, FasaPay, Local Deposits, Bitcoin | Credit Card, Cash |
| Account Currency | USD, EUR | USD |
| Languages | English, Spanish, German, Portuguese, Mandarin, Chinese, Indonesian, Malay, Thai, Arabic, Vietnamese, Hindi | English |
| Country | Comoros | Singapore |
| Trading platform(s) timezone | Comoros, Saint Vincent and the Grenadines | Singapore |
| Other trading instruments | Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals | - |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
