OctaFX vs Alpari Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare OctaFX vs Alpari.
Does OctaFX or Alpari 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, IG
offers better pricing overall for traders.
Is OctaFX or Alpari 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. Both OctaFX and Alpari hold 0 global Tier-1 licenses. OctaFX holds 1 global Tier-2 licenses, while Alpari holds 0. In our analysis of 23 international regulators across 50 brokers, OctaFX and Alpari earned the same Trust Score.
Which trading platform is better: OctaFX or Alpari?
To compare the trading platforms of both OctaFX and Alpari, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG 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 OctaFX and Alpari offer MetaTrader 4 (MT4).OctaFX and Alpari both offer copy trading.
How many forex pairs and CFDs are available to trade?
Alpari provides traders 46 currency pairs (e.g., EUR/USD) compared to OctaFX's 40 available pairs. Forex pairs aside, Alpari offers traders access to 105 CFDs while OctaFX has 80 available CFDs, a difference of 25.
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).
Can I trust Alpari?
Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero tier-1 regulators (high trust), zero tier-2 regulator (average trust), and one tier-3 regulator (low trust).
Is OctaFX good?
OctaFX offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
Is Alpari good?
Alpari is one of the oldest MetaTrader brokers, and an early pioneer of social copy-trading. Best known in Eastern Europe, Alpari offers a small but growing selection of CFD markets and platform tools, but lacks regulatory licenses in top-tier jurisdictions.
Overall winner: IG
Popular Forex Reviews
Popular Forex Guides
Other related comparisons.
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.