Octa
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has won more than 70 awards since its foundation, including the ‘Most Reliable Broker A
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What do you like best about Octa?
Octa is offers three trading accounts and an interesting part is all of these accs are without swap commissions. This is what blew my mind, I thought they were just kidding, but when I traded for a few weeks in a row, holding positions for days, and weeks, I didn’t lose anything on swaps. I checked, history of trades, the only trading cost I paid for was spreads.
What would you improve about Octa?
It would be great to see absolute zero spreads on major currencies. Hahaha. Just kidding, actually they’re fine, but I cannot say the same about minor and exotic pairs, the gap between bid and ask price is really huge.
Overall
There was a time I feared missing trades. Now I fear entering bad ones much more. That switch saved my account. And that’s how I’ve managed to stay afloat on markets for more than 12 months with Octa broker. And I hope for the sake that I’m not going to deposit one more time. I want to stay consistent with just one deposit...
What do you like best about Octa?
Customer service is 100%, same day withdrawals
What would you improve about Octa?
I would improve nothing about Octa. I am happy with the platform.
Overall
I have been with Octa since 2023, Octa has never disappointed me.
What do you like best about Octa?
Well, the most crucial aspect to me is the AI tool in the platfrom - especially the one that helps with pattern recognition. WIth this tool I see the points of breakouts more easily. It does not mean the patterns are always correct - the trick here is to use your expertise and experience, even if the pattern is good, it is not always good to ente the trade. Several times I entered trades whehre the major trendline in the market was opposite, now I dont do it - losses taught me not to do so.
What would you improve about Octa?
I think that spreads should be tighter...sometimes I dont enter trades as the bid/ask difference is not that attractive, it happens not often, but still.
Overall
Soon it will be a year for my trading here. I chose this broker based on their reviews and overall rating. Many people mentioned the AI tool in their revieews, so I was curious too. Opened a demo account first, then moved to a real one.
What do you like best about Octa?
My experience with Octa has been very positive so far. One of the best things about this platform is its fast withdrawal process. Withdrawals are accepted and processed very quickly, which gives a strong sense of reliability and trust. The platform is user friendly, and the overall trading experience has been smooth. I would recommend Octa to traders who value efficiency and timely access to their funds.
What would you improve about Octa?
However, there is room for improvement in customer support. Response times can be slow at times, and it would be helpful if support were more responsive and efficient, especially when urgent issues arise. Improving customer service quality would significantly enhance the overall user experience.
Overall
till now the experience is good. but they took long time to response in support.
What do you like best about Octa?
Fees are one of the best aspects of them
Spreads are 0.8 pips on average only, very tight
What would you improve about Octa?
Not sure what they can improve, maybe add some distinct features, but not critically important
Overall
I really like them, it’s my second year and reliability remaining on top
What do you like best about Octa?
The trading platform itself is amazing in my opinion. I’m talking about their own custom trading platform which has tradingview charts integrated alongside AI tools that really boost trading performance. One AI is responsible for spotting trading patterns in the charts, whereas the second one analyzes my trades and spots my mistakes as well as gives advice on how to improve my trading. I already been able to cut my bad habit of overleveraging thanks to it.
What would you improve about Octa?
I would improve the spreads. They are normal, I don’t have something against them during the sessions, but those overlaps and news are killing it. Spreads instantly react and get very wide.
Overall
The broker is very popular these days, and as for the reliability they are on top as well. As far as I know they have several regulators who control them, and they also have segregated accounts so it’s fine. I’m using them for over 3 months, not too long I know, but I can feel how my trading performance got better after starting to trade with them. The AI octa vision is like a mentor who always look up for you.
What do you like best about Octa?
I like the clean interface, stable execution, and the variety of assets available for trading.
What would you improve about Octa?
I would prefer more educational resources and quicker replies from support during busy sessions.
Overall
It has been a generally positive experience. Trades open smoothly, spreads are reasonable, and the platform feels reliable for day-to-day use.
What do you like best about Octa?
Very good broker for Indians with direct bank withdrawals and deposit through UPI.
What would you improve about Octa?
Make the charting application a bit more interactive and resourceful. It's quite basic to use.
Overall
I'm very much impressed with the experience.
What do you like best about Octa?
I like the broker's special trading app - octatrader. Inbuilt at tools help me a lot to analyz chart patterns, and my odds simply increase thanks to ai pattern recognition.
What would you improve about Octa?
I believe that the difference between bid and ask on some insturments should be lower, otherwise sometimes not optimal to enter trades
Overall
for the time I ve been here - in genereal it is good. Solid conditions, good support team. ALso, their webinars are helpful
What do you like best about Octa?
Affordable in all aspects, from lack of swap commission to low min deposit requirements
Support 24/7 and human, not those robots.
What would you improve about Octa?
No stocks at octatrader, how come… Account system is strange…
Overall
Still for trading, convenient and cost effective place.
What do you like best about Octa?
The Octa broker is probably one of the first to implement the AI chart feature, the way it analyzes charts is pretty precise to my amusement. When you have a basic foundation of technical analysis, you can quickly get a whole picture of what's going on in the chart with this tool. No need to draw patterns, lines and spotting key levels. The AI is doing all this job and that’s how I managed to stack a nice bundle by trading ETH and BTC.
I can’t help but mention how tight spreads they offer in the crypto market. Low trading costs, more profits!
What would you improve about Octa?
tbh, I Wwould like the support team to be more responsive, not trying to get rid of me as fast as possible, I know they have thousands of requests every day from different clients, still it’s your job to not reply to me with short answers.
Overall
I know using high leverage changes your trading capabilities, but over time I understood that we romanticize “risk” but forget it has rent to pay, in discipline, not drama. Every trade is a small lease you sign with uncertainty. Pay it on time, and you stay in business. Without their mentor Tunmise Olaoluwa, I wouldn’t get so many insights.
What do you like best about Octa?
Ofcoz it is the broker's trading app -OctaTrader, its inbuilt AI is really helpful
What would you improve about Octa?
TO have lower swaps on forex pairs, that is needed
Overall
it has be more than 5 years I trade here. All fine. They have good webinars, whihc is good for beginners.
What do you like best about Octa?
I has tested the deposit and withdrawal process, fortunately, there was nothing strange about it, no weird excuses, I used bank and crypto options for transferring money. Both were reliable and without serious delays.
What would you improve about Octa?
Nothing, I’ve seen how their platform is, how good pricing model they build, and responsive customer service. When I say “nothing”, I really mean it.
Overall
Testing on a demo account their features and proprietary platform was handy, I learned how to use it and what pitfalls I should avoid next time during live trading.
What do you like best about Octa?
“Zero commission” always hides somewhere else. Usually in spreads that suddenly gain weight. At least here, numbers match the brochure, I wasn’t charged for opening trades, and spreads remained around 0,6-0,8 pips which is quite impressive.
What would you improve about Octa?
Octatrader platform amazed me with its functionality, but I would like them to add more technical indicators for a better technical analysis. Also, maybe adding an AI that searches for the news will change everything, just my expectations.
Overall
Not gonna lie, I tested all these things on a demo account, and that’s why I’m writing this review now. I guess they passed my test and I’m going to open a real account to trade with real money.
What do you like best about Octa?
It has great app that has AI pattern recognition tool, very helpful
What would you improve about Octa?
Perhaps, the CS should be faster, maybe they get busy, but then team should be expanded
Overall
Trading on a demo accnt made me appreciate conditios n the plaform here, ngl
What do you like best about Octa?
Basically everything I like about the broker:
Conditions were suitable for day trading and swing positions, if the price didn’t hit the take profit in one day. No swaps, normal spreads.
Withdrawals come unbelievably fast. One day to complete, first time in my trading career!
Nice selection of platforms, proprietary with AI and usual metatrader…
What would you improve about Octa?
I’d make stocks available on their proprietary platform and add more accounts, including zero, if I ever want try scalping
Overall
This is what you expect from the broker. Good trading conditions for your strategy and solid execution. Paired with additional offer, like free analytics and copy trading platform, it was great experience. I can’t go lower that 5!
What do you like best about Octa?
AI has to be the best thing I like about Octa, because in space I get suggestions on topics I want and those are helpful, and I can copy the patterns to my own chart.
What would you improve about Octa?
I think when you compare octatrader to mt4 it becomes clear than first one has more advantages, so they need to add better platforms so there's a honest competition.
Overall
I think Octa has great leverage for trading most assets, despite the real shares with 1:1 but those are different haha. The CFDs are nice and I am into trading shares btw, I think those are more interesting than forex because the company performance and other fundamental news affect them more. But I trade forex here as well when I have some nice setup forming.
What do you like best about Octa?
The low trading costs it offers and the amazing trading engine they have created
What would you improve about Octa?
I would eliminate the MT4 and MT5 trading apps so everyone would have to trade and see how good the octatrader app is :)
Overall
In short octa has exceeded my expectations. I decided to trade here only because of the absence of the swap fees, but i found tens different reasons that made my trading even better and i’m glad I opened an account here. One, main thing is their custom trading app which i highly recommend. It’s packed with AI tools, which make the trading faster and sort of easier. There is a tool that automatically reconginzes chart patterns and trust me, it’s more trusty then your eyes :) and some others, but it’s enough for now
What do you like best about Octa?
Trade easy on chart
Fast withdrawal
LOW spread
No fee charged
What would you improve about Octa?
Nothing it's perfect
Don't need improve anything
Overall
Best
Trade easy on chart
Fast withdrawal
LOW spread
No fee charged
What do you like best about Octa?
First comes to mind is their proprietary trading app, it has special AI tool that helps with pattern detection
What would you improve about Octa?
I wish CS guys would reply faster, it can be that I need to wait to get feedback
Overall
In total it has been good, good conditions, low spreads