Written by ForexBrokers.com
In this head to head comparison of ACY Securities vs Octa, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ACY Securities and Octa are both online brokers that entered the financial market in 2011. Neither broker is publicly traded or operates as a bank, offering a private yet professional trading experience. On the regulatory front, both ACY Securities and Octa hold one Tier-1 license each, signifying a high level of trust. However, Octa takes a slight edge by having an additional Tier-2 license, which is considered trusted.
When comparing trust ratings, ACY Securities boasts a ForexBrokers.com Trust Score of 75, placing it in the average risk category. Octa, with a score of 72, also falls in the average risk bracket. These scores suggest that while both brokers offer a reliable platform, prospective traders should weigh the balance of regulatory benefits and risk ratings in their investment decision-making process.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Year Founded | 2011 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing trading costs between ACY Securities and Octa reveals distinct advantages for different types of traders. ACY Securities offers three account types catering to both commission-free and commission-based trading, receiving a commendable 4.5-star rating and ranking 21 out of 63 brokers for commissions and fees according to ForexBrokers.com. While their Standard account features average spreads of 1.2 pips for the EUR/USD pair, their ProZero and Bespoke accounts offer significantly tighter spreads as low as 0.25 pips, with variable commission rates. Notably, Australian residents benefit from further reduced commissions, making ACY particularly appealing for traders in that region.
Conversely, Octa has improved in its pricing strategy, earning it a 4-star rating and a rank of 29 in the commissions and fees category. Octa features varying spreads depending on its regulatory entity, with the European branch offering more competitive spreads of 0.5 pips on the EUR/USD pair compared to 0.9 pips for its overseas entities. While boasting no slippage on a majority of executed orders, Octa’s lack of a specified date range for its average spread data creates uncertainty, though it continues to position itself as a low-cost broker, especially among MetaTrader platforms.
Both brokers strive for competitive pricing, yet each offers unique advantages. ACY Securities excels with lower effective costs for its commission-based accounts, particularly for Australian residents. In contrast, Octa competes through improved pricing across its varied international entities, making it a viable option for traders who value consistency over large volumes.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Minimum Deposit | $50 | $25 |
| Average Spread EUR/USD - Standard | 1.2 | 0.9 |
| All-in Cost EUR/USD - Active | 0.85 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
ACY Securities and Octa both provide forex trading options through CFDs and spot contracts, catering to online trading enthusiasts. ACY Securities excels with an impressive variety, offering 2,200 tradeable symbols, including 66 forex pairs, significantly surpassing Octa's 300 tradeable symbols and 35 forex pairs. Although neither broker provides direct access to purchase exchange listed shares on U.S. markets, Octa allows trading on some international exchanges, unlike ACY Securities. Both brokers support copy trading and cryptocurrency derivatives, but they do not offer the purchase of actual cryptocurrencies.
In terms of ratings, ACY Securities edges out Octa with a 4-star rating for its range of investments compared to Octa's 3.5 stars. This distinction is further reflected in their rankings by ForexBrokers.com, with ACY securing the 30th spot out of 63 brokers, while Octa lands at number 52. These factors make ACY Securities a go-to choice for those seeking a more extensive selection of tradeable instruments.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2200 | 300 |
| Forex Pairs (Total) | 66 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When it comes to trading platforms and tools, both ACY Securities and Octa offer traders a solid range of options. Each broker provides a proprietary platform, allowing for unique trading experiences tailored specifically to their users. Both brokers also support popular platforms like MetaTrader 4 and MetaTrader 5, as well as offering Windows-based desktop downloads and web-based browser platforms, providing flexibility no matter your trading preferences. Simulated trading via free virtual demo accounts is available with both brokers, making it easy for newcomers to learn the ropes. They also both support copy trading, although neither offers social trading platforms like DupliTrade or ZuluTrade.
In terms of charting tools, ACY Securities and Octa provide traders with 15 drawing tools each, and allow trading directly from stock charts, enhancing the trading experience. For watch lists, both brokers feature 7 columns for fields, providing ample customization to monitor favorite assets. Despite these similar offerings, ACY Securities is rated 4 stars for its trading platforms and tools, ranking #41 out of 63 brokers on ForexBrokers.com, while Octa also earns 4 stars but ranks slightly higher at #37. This subtle difference may influence traders looking for the best in trading technologies and user experience.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both ACY Securities and Octa offer comprehensive mobile trading apps for iPhone and Android users, providing key functionalities such as stock and forex price alerts. These apps include 30 technical studies for charting, the ability to draw trendlines, and access to multiple time frames, like daily or weekly views. They also auto-save chart drawings and permit the creation of watchlists with real-time quotes. However, neither app supports watchlist symbol syncing between the mobile app and the user's online account.
In terms of user ratings and rankings, both ACY Securities and Octa earn a 4-star rating for their mobile trading apps. When compared across 63 brokers, ACY Securities comes in at #40, while Octa is slightly higher at #36 as per ForexBrokers.com rankings. Overall, both brokers provide robust mobile trading tools that are well-regarded by users, though there is slight room for improvement when it comes to integrated account synchronization.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research for online trading, both ACY Securities and Octa provide daily market commentary, helping traders stay informed with the latest market trends. However, Octa provides forex news from renowned sources such as Bloomberg and Reuters, giving it an edge over ACY Securities, which does not offer this feature. Additionally, Octa includes research tools from Autochartist, whereas ACY Securities lacks this service, though both brokers do not incorporate resources from Trading Central, TipRanks, or Acuity Trading.
Both ACY Securities and Octa offer an economic calendar to track global events impacting the markets. Despite these similarities, Octa's research offering earns it a higher rating of 4 out of 5 stars compared to ACY Securities’ 3.5 stars. In a ranking by ForexBrokers.com, Octa stands at #27 out of 63 brokers for Research, while ACY Securities is placed lower at #45. This reflects Octa’s broader range of research tools and news options, making it a more comprehensive choice for traders seeking in-depth market insights.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both ACY Securities and Octa provide a rich selection of educational resources for those looking to learn about forex and CFDs trading. They both offer more than ten educational pieces, including articles, videos, and archived webinars tailored to these financial subjects. Furthermore, both brokers understand the importance of ongoing education by hosting online webinars at least once a month, and they make previously recorded sessions available through a searchable archive. For beginners, both ACY Securities and Octa present at least ten instructional videos that cover trading topics suited for novices.
When it comes to resources for more advanced traders, Octa takes a step ahead by offering ten advanced educational videos, a feature ACY Securities does not match. Additionally, Octa provides an investor dictionary with over 50 investing terms, giving users a handy reference tool for understanding complex market jargon. In terms of ratings and rankings, Octa edges ahead with a 4-star education rating compared to ACY Securities’ 3.5 stars and holds a slightly better position on ForexBrokers.com's ranking at #42 out of 63, versus ACY Securities at #43. Overall, while both brokers supply valuable learning tools for beginners, Octa offers additional resources that cater to advanced learning needs.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ACY Securities is better than Octa. ACY Securities finished with an overall rank of #41, while Octa finished with an overall rank of #47.
ACY Securities is a MetaTrader-only broker with a reasonable range of markets and a balanced account offering. The broker’s research and educational content, however, could be greatly improved upon.
| Feature |
ACY Securities
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Octa
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|---|---|---|
| Overall Rating |
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| Trust Score | 75 | 72 |
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Both ACY Securities and Octa do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to purchase cryptocurrency derivatives.
ACY Securities and Octa differ in their deposit and withdrawal options, with ACY Securities offering ACH, SEPA, Skrill, Visa, Mastercard, and bank wires, while Octa does not support ACH or SEPA but provides options for Skrill, Visa, Mastercard, and bank wires, with neither broker supporting PayPal transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | ACY Securities | Octa | |
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| Trust Score | 75 | 72 | |
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| Review | ACY Securities Review | Octa Review |
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| Regulation | ACY Securities | Octa | |
|---|---|---|---|
| Trust Score | 75 | 72 | |
| Year Founded | 2011 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ACY Securities | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | ACY Securities | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ACY Securities | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2200 | 300 | |
| Forex Pairs (Total) | 66 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ACY Securities | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.85 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | ACY Securities | Octa | |
|---|---|---|---|
| Minimum Deposit | $50 | $25 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | ACY Securities | Octa | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ACY Securities | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ACY Securities | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | ACY Securities | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ACY Securities | Octa | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | ACY Securities | Octa | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | ACY Securities Review | Octa Review |
| Overall | ACY Securities | Octa | |
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| Trust Score | 75 | 72 | |
| Winner | check_circle | ||
| Review | ACY Securities Review | Octa Review |
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