Admiral Markets vs OctaFX Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Admiral Markets vs OctaFX.
Does Admiral Markets or OctaFX offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Admiral Markets
offers better pricing overall for traders.
Is Admiral Markets or OctaFX safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Admiral Markets holds 2 global Tier-1 licenses, while OctaFX holds 0. Both Admiral Markets and OctaFX hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Admiral Markets earned a higher Trust Score than OctaFX.
Which trading platform is better: Admiral Markets or OctaFX?
To compare the trading platforms of both Admiral Markets and OctaFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Admiral Markets offers a better experience. With research, Admiral Markets offers superior market research. Finally, we found Admiral Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Admiral Markets and OctaFX offer MetaTrader 4 (MT4).Admiral Markets and OctaFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
Admiral Markets provides traders 50 currency pairs (e.g., EUR/USD) compared to OctaFX's 40 available pairs. Forex pairs aside, Admiral Markets offers traders access to 8425 CFDs while OctaFX has 229 available CFDs, a difference of 8196.
Can I trust Admiral Markets?
Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Admiral Markets is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC).
Can I trust OctaFX?
OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).
Is Admiral Markets good?
Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
Is OctaFX good?
OctaFX offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
Overall winner: Admiral Markets
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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.