https://www.octafx.com/
Website
MT4/5
Full License
OctaFX-Demo
Influence
AA
Influence index NO.1
MT4/5 Identification
Full License
Influence
AA
Influence index NO.1
Licensed Entity:Octa Markets Cyprus Ltd
License No. 372/18
Single Core
1G
40G
1M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts.
At the moment, Octa offers over 300 trading instruments, including:
CFDs on stocks: 150 (Apple, Google, Amazon, etc.)
Forex currency pairs: 52 (EURUSD, GBPUSD, GBPJPY and other popular ones)
Gold and silver
Energies: 3 (XBRUSD, XTIUSD, XNGUSD)
Indices: 10 (US30, NAS100, SPX500, etc.)
Cryptocurrencies: 34 (BTC, ETH, LTC, etc.)
Spanning across the globe, Octa is subject to regulation by several authorities, reflecting the diverse regulatory landscape governing the activities conducted by Octa.
Octa holds the following licenses:
Octa Markets Cyprus Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 372/18.
Octa Markets Ltd. is authorised and regulated by the Mwali International Services Authority (MISA) with license number HY00623410, and international brokerage and clearing house license number: T2023320.
Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number 51913 from the Financial Sector Conduct Authority (FSCA) in South Africa.
Octa offers three account types: MT4, MT5 and account on its own proprietary trading platform OctaTrader. The average spread for EURUSD is 0.7 pips for all accounts with no additional charges or hidden fees. All accounts are swap-free—there are no overnight fees for traders.
OctaTrader platform elevates traders' experience by offering a one-stop solution with features like Space—a dynamic feed with real-time analysis, collaborative tools, and educational resources, all in one place. A library of webinars and tutorials ensures continuous learning for traders at all levels. Another unique tool is OctaVision, powered by AI, which acts as a digital mentor, providing personalised analysis of past trading actions and giving data-driven recommendations to help users refine their trading strategies.
| Quick Octa Review Summary | |
| Founded | 2011 |
| Registered Country/Region | Cyprus |
| Regulation | Regulated by CYSEC |
| Market Instruments | Currrency pairs, gold/silver, commodities, indices, cryptos |
| Demo Account | ✅ |
| Min Deposit | 50 EUR |
| Leverage | Up to 1:30 |
| EUR/USD Spread | Floating around 1.1 pips |
| Trading Platform | OctaTrader, Web platform, Android |
| Payment Methods | Swissquote, BluOr Bank, RIETUMU |
| Deposit & Withdrawal Fee | ❌ |
| Customer Support | 9 a.m. – 6 p.m. UTC+3 |
| Email: clientsupport@octaeu.com | |
| Regional Restrictions | Belgium, the USA, Canada, Spain, and the UK, as well as to jurisdictions outside the European Economic Area (EEA) except Switzerland |
Founded in 2011, Octa a regulated broker registered in Cyprus, offering trading in currrency pairs, gold/silver, commodities, indices, and cryptos on OctaTrader, Web platform, and Android platforms.

| Pros | Cons |
| Regulated by CYSEC | Regional restrictions |
| Various tradable instruments | MT4/MT5 unavailable |
| Demo accounts available | Limited payment options |
| Tight EUR/USD spread | No 24/7 customer support |
| No fees for deposits and withdrawals |
Yes. Octa is currently regulated by Cyprus Securities and Exchange Commission (CySEC).
| Regulated Country | Regulated by | Regulated Entity | License Type | License Number |
![]() | CySEC | Octa Markets Cyprus Ltd | Market Making (MM) | 372/18 |


Octa offers trading in currrency pairs, gold/silver, commodities, indices, and cryptos.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Gold & Silver | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
The maximum leverage vary on the asset class. Detailed info can be found in the table below:
| Asset Class | Max Leverage |
| Currency pairs | 1:30 |
| Gold & Silver | 1:20 |
| Commodities | 1:10 |
| Indices | 1:20 |
| Cryptos | 1:25 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Octa offers commission-free trading and the EUR/USD spread is floating around 1.1 pips. If you are interested in spreads on other trading instruments, you can visit https://www.octaeu.com/spreads/

Octa has a built-in proprietary trading platform - OctaTrader available on the Web, Desktop, and Android versions.

Octa supports very limited payment options, only Swissquote, BluOr Bank, and RIETUMU.
The minimum deposit or withdrawal amount are both 50 EUR.
All deposits and withdrawals are free of charge, and can be processed within 3-7 business days.


Octa provides email instead of phone or live chat contact, which will result in traders being unable to deal with emergencies on time. You can also follow them on some social platforms, such as Facebook, Twitter, and Instagram.
| Contact Options | Details |
| clientsupport@octaeu.com | |
| Social Media | Facebook, Twitter, Instagram |
| Website Language | English, Italian |
| Physical Address | 1 Agias Zonis and Thessalonikis Corner, Nicolaou PentadromosCenter, Block: B', Office: 201,3026, Limassol, Cyprus |

"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
Country/Region
ID BAPPEBTI
Disclosure time
2022-09-20
Disclose broker
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country/Region
ID BAPPEBTI
Disclosure time
2022-02-02
Disclose broker
INVESTOR ALERT LIST
Country/Region
MY SCM
Disclosure time
2020-01-01
Disclose broker
INVESTOR ALERT LIST
Country/Region
MY SCM
Disclosure time
2020-01-01
Disclose broker

Exposure OctaFX’s Controlling Shareholder Arrested | Is This Broker Hiding a Massive Scam?
India’s financial authorities have taken strong action against global trading platform OctaFX after uncovering what they describe as one of the largest unauthorised forex scams in the country’s history.
2025-10-26 15:45

Exposure OctaFX Transitions to Comoro Islands Regulation Under Mwali International Services Authority
Global forex broker OctaFX has announced that it will now operate under a new regulatory framework in the Comoro Islands, claiming to hold an International Brokerage and Clearing House licence issued by the Mwali International Services Authority (MISA).
2025-10-23 18:46

News CySEC Restricts OctaFX Majority Owner’s Voting Rights Amid India Probe
In wake of India’s asset seizure, Cyprus regulator curbs OctaFX owner’s control to preserve local compliance.
2025-09-12 17:20

News Motivated to act: Octa Broker celebrates International Day of Charity
World Charity Day is held annually on 5 September to raise awareness and motivate people to help others. In this article, Octa, a globally regulated and trusted broker operating since 2011, highlights
2025-09-05 20:00

Exposure OctaFX Update: Crypto Deposit Restrictions Raise Regulatory Concerns
Malaysian traders using OctaFX Malaysia should take note of a significant update affecting their accounts. As of 18 August 2025, the broker has disabled deposits via Ethereum (ETH) and Bitcoin (BTC) for clients in Malaysia.
2025-08-23 16:17

News How to handle first losses as a trader: Octa Broker's guide
Trading losses are tough—and the less experience you have as a trader, the harder it is to handle them. However, those willing to persevere and learn from their mistakes can turn any temporary setback
2025-08-22 23:36
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Yesmin Eiol
Malaysia
My account was blocked by OctaFX, this is a scam. I had capital of 23.15 USD and won 11.00 USD, but OctaFX took it.. Luckily, it's only a small amount of 23.15 USD.. Octa scam, my password is correct but I can't access my account, the money is still in there.
Exposure
10-06
Mantu Kumar
India
please give me my money so much slippage entry price change and trigger price so much very different
Exposure
09-01
Racode Studio (Ratech)
Singapore
My ballance just lost only few trade using this broker, open only 0,01 and slippage just mind blow..
Exposure
08-22
HajiSyed
Malaysia
They have chosen the best concept when it comes to account types. Basically you need to choose the trading engine you like which is much easier than weighing trading conditions, costs, and other aspects that are exclusive to account types. Btw their custom trading app, the octatrader is great, i like that there is a strong focus on AI tools
Positive
In a week
OnoriodeBamisebi
Nigeria
I went for the octatrader account, not MT because that platform is so basic. They didn’t change it for years, of course I would go for the octa one that even has an AI in it. That makes trading more interesting imho. Apart from the platform, what is great about it is also the fees. That’s like the standard acc, they don’t have others, but the fees are tighttt. Spreads be max at 1 pips.
Positive
10-20
CFourie
South Africa
I dont think there is somebody who havent heard of octa... because in so many years they are just at the core of trading sphere. Still this doesn't mean that they should relax, I suggest adding some more intrumnets to the pool because 300+ is not much for a broker of this caliber.
Neutral
10-19
AididAmirullah
Malaysia
Definitely what value the platform brought into my trading. Just casually wanted to test the platfom, liked design primarily. But when I chose gold and quickly looked at the AI pattern (there was a precise support level), I decided to jump in. The result 7 RR, believe it or not. Moves take profit twice, hopefully execution functionality is the same. That’s why I have an octatader account. Only one drawback, no algo traeding, sometimes miss it there…
Positive
10-18
SalimbinChik
Malaysia
I wanna talk abouit somaehting new and today the main topic is the ai chart feature. At first I thought it’s just a toy or a marketing gimmick, but after seeing how it identifies patterns and trends, I was freadked out, thinking there is someone behind the screen who shows me signals. But in reality, it works really automatically and I don’t have to waste time on analysis anymore. Now I understand why people tend to choose octatrader rather than mt4 or mt5 for trading.
Positive
10-17
SiphoDlamini
South Africa
Unless you like MT specifically based on your experience, I think going with octatrader acc+platform is much better for any level, especially for beginners. It's just a superior platform ,this is how I see it and I dont want to be againast mt, but what they created is top class, becasue I can get insights here and AI help to improve my trades😎
Positive
10-08
Slamet8236
Malaysia
It’s very visible that they are trying their best to help their traders, not just themselves by earning money. There are many features that help me personally in my trading exp, and I think that is the same for others. The education and live webinars are great, with a lot of useful information that can be used. Plus, customer service answers questions right away.
Positive
09-26
BongMea
Malaysia
Even when it comes to account types… here they are categorised based on the trading engine ya would like to use, but that’s not the only difference… so ya need to pick carefully and check the other terms. The big difference is in the asset categories available for trading. The octatrader account, the one i use is really good for me.. But i don’t trade any stocks, so i don’t mind that here they are not included. If ya trade stocks, ya have to go with MT5. also
Positive
09-20
FX2294437200
Singapore
OctaTrader's feature of AI embedded is a game changer, not that it made me rich overnight, but it helps a lot. Its pattern recognition is quite correct. Whenever my analysis matches with the pattern detected I have more confidene in the trade, and frankly the winning ration went by 20-30% for my trades - substantial improvement Checking here on intraday frames, that is where my bread and butter lies, different assets can work for me thanks to the broker
Positive
09-17
SifisoNgcobo
South Africa
for me the terms here really fit my strategy 💪 i focus mostly on USDJPY, and sometimes I build many small positions instead of one big order. I keep adding when price move in my direction and then hold until trend start showing weakness. this can be one week, sometime more. In many other brkers swap fees kill this style, but here no swap, so the cost stay super low and make big differnce for me. I just like to build, build positions and not worry about paying extra
Positive
09-10
FrancisLokeNan
Malaysia
doing some investiagation abt the broker, I paid attention to numerous reviews that mentioned the global presence of the company and its longevity...indeed, different ppl from different corners left their feedbacks ...it meant smth to me I checked the website and it was true...more than 180 countries with more than a decade in operation wow!
Positive
09-05
KayodeLawal
Nigeria
I wanted to ask something about accounts here, why they offer different accounts but the same trading conditions, all them offers 0,6 pips and swap free model. What’s the point of that? You could then just offer one choice, or at least make them different for various strategies. It was kinda strange for me, anyway, just went for octatrader acc and nothing impressive I noticed.
Neutral
08-29
MwanaGahogeru
South Africa
I trade with octa for quite some time and the main reason why I keep trading with them is because they never problematized any of my withdrawals. I started with skrill, and after exceedeig the deposited amount now i only withdraw with a bank wire transfer… evetyhing is standard,, time-wise…
Positive
08-27
brauyan lopez
Colombia
excellent broker very effective, very stable, fast and clear
Positive
08-04
EthanOng
Singapore
Octa is one of the brokers that provide both nice trading environment and nice conditions with low fees. For instance, the spreads are hovering around 1 pips for EURUSD and other major pairs, whereas commission fees are zero. It means i have to pay only for spreads, but that’s tight. I’m trading through the mt4 as it’s a great platform to trade forex, and the executions are instant all the time. They don’t delay order at all.
Positive
08-01
Kagiso Mthembu
South Africa
Have heard a lot about this feature on different forums, got so interested that i signed up to check it out. ofc, i didn’t have any clue how exactly it works, so i contacted the support team, and they sent all THE detailed information. I didn’t expect them to be so fast in responding to my questions. Well done guys! Then I started using it in practice without any problems. Gotta admit, Octa came up with something great and I’ve not seen something like this in other places.
Positive
07-27
GardaSaragih
Indonesia
This has been really nice and I like how I easily can work with this broker and not feel overwhelmed. :-) The support has been helpful for the few times I reached out to them.
Positive
07-16