Review Score
Platform
Pricing
Customer service
Features
Live Spreads

Octa

Minimum deposit ($)
20.0
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
Minimum lot size
0.01
Maximum lot size
1000.0
Spread
Fixed, Variable
Broker type
STP, ECN
Maximal leverage (1:?)
1000
Phone
-
Fax
-
Availability
Chat, Email, Skype, Whatsapp
Address
Bonovo Road – Fomboni, Island of Moheli, Comoros Union.
Regulation
CySEC (Cyprus), FSCA (South Africa)
Trading Platforms
MetaTrader 4, MetaTrader 5, Octa Trader
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Moneybookers, Perfect Money, Neteller, Skrill, FasaPay, Local Deposits, Bitcoin
Account Currency
USD, EUR
Languages
English, Spanish, German, Portuguese, Mandarin, Chinese, Indonesian, Malay, Thai, Arabic, Vietnamese, Hindi
Country
Comoros
International offices
Comoros, Saint Vincent and the Grenadines
Trading platform(s) timezone
(GMT +1:00 hour) Brussels, Copenhagen, Madrid, Paris
Other trading instruments
Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals
Octa User Reviews
Member Since Jul 23, 2024   1 posts
Jul 23 at 11:36
The support team annoyed me one time, but since then, they have make up for it. They seem to have improve on the way they communicating with clients.
Member Since Jul 18, 2024   1 posts
Jul 18 at 17:34
Copy trading at Octa with dat choice of leaders is getting more interesting for me.
There are guys with solid performance, so their strategy can be quickly evaluated and then you can fastly get in.
Member Since Jul 03, 2024   1 posts
Jul 03 at 12:56
I trade here for a long time. Nice assets selection, but I trade 2-3. They has moderate volatility
Member Since Jul 03, 2024   1 posts
Jul 03 at 10:14
Absence of swaps is the killing feature of the platform. I thought it would be provided only for the Islamic account, but it turned out to be a feature spread on all accounts. Very captivating.
Member Since Jun 30, 2024   1 posts
Jun 30 at 07:14
Octa broker is a very user-friendly and advanced. I understood this right away, cuz I have broad expertise in the industry under the belt.
I revealed it not only after trading here but also after checking how professional is their customer support. Guys responded promptly, without delays and more importantly - comprehensively. I got answers to all questions right away and it's awesome,,
Member Since Jun 25, 2024   1 posts
Jun 25 at 13:37
Had no idea the latter platform, but I know Octa. These are really cool guys and even have a small experience of working with them.
Had no troubles with this company whatsoever.
Member Since Apr 08, 2020   1 posts
Jun 19 at 08:32
My experience:
OctaFX is Great broker as long as you loss in trading, when you start to win they will kick you out by reducing your leverage to 1:200 on your opened and active accounts!
You suddenly will start receiving a lot of emails - as many accounts you have - from no-reply email address and the title will be: 'Change of your trading account #ACCOUNT# leverage' and the email body will be:

'Your trading account #ACCOUNT# leverage has been changed, the new leverage ratio is 1:200.'

and that's it, no one will give you a proper feedback.

wish you all the best
Member Since May 17, 2013   3 posts
Jan 01 at 13:00 (edited Jan 01 at 17:49)
Fast withdrawal... OctaFX is great broker.
Member Since Dec 16, 2019   1 posts
Jun 29, 2023 at 08:54
Octafx is a great trading platform, very easy to use and deposits and withdrawals are relatively fast depending on time of day.
Member Since Jan 11, 2023   1 posts
Jun 19, 2023 at 06:09
good broker, you should go with this without any hesitation
Member Since Sep 10, 2022   1 posts
May 23, 2023 at 17:21
They are still the best and user friendly, no swap no commission, 30 seconds usdt trc20 withdrawal
Member Since Jun 12, 2020   1 posts
May 20, 2023 at 06:32
Indian Bank deposit and withdraw proceed on quickly i luv it
Member Since Oct 03, 2020   5 posts
Feb 25, 2023 at 14:53
not bad i have leave
Member Since Jan 07, 2023   9 posts
Jan 10, 2023 at 13:45
Octafx is an online Forex broker that offers its clients a wide range of services including trading in foreign exchange, commodities, stocks, indices, and cryptocurrencies. It is known for its competitive spreads and low transaction costs. It also provides a user-friendly platform with advanced tools and features such as automated trading, one-click execution, automated trailing stops and more. Octafx's customer support team is available 24/7 to answer your queries and provide assistance when needed. With all these features combined, it's no wonder why Octafx is one of the best Forex brokers on the market today.
Member Since Dec 20, 2022   1 posts
Dec 30, 2022 at 07:59
love OctaFX
Member Since Dec 19, 2022   1 posts
Dec 19, 2022 at 18:06
Good to go. Impressed with deposit and withdraw time
Member Since Jul 10, 2022   1 posts
Dec 16, 2022 at 20:55
Good broker. Platform user friendly
Member Since Sep 25, 2022   1 posts
Dec 12, 2022 at 20:36
Good broker
Member Since Nov 18, 2022   1 posts
Nov 18, 2022 at 16:10
Bonus policy is good
Member Since Aug 10, 2022   1 posts
Nov 03, 2022 at 13:07
good broker. but right now i am facing too much problems from it. like unable to deposit through upi or any other methods.

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