Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
AvaTrade, established in 2006, holds a strong position in terms of trust and regulatory oversight, demonstrated by its four Tier-1 licenses and three Tier-2 licenses. With a high Trust Score of 94 from ForexBrokers.com, AvaTrade is considered highly trusted, reflecting its stringent regulatory compliance. Although not publicly traded and not functioning as a bank, AvaTrade stands out for its reliable regulatory credentials.
Founded in 2011, Octa presents a different regulatory profile with one Tier-1 license and one Tier-2 license. It holds a ForexBrokers.com Trust Score of 72, indicating an average risk level. Like AvaTrade, it is not listed on a stock exchange and does not operate as a bank. While both brokers are trustworthy, AvaTrade offers a higher level of regulatory assurance compared to Octa.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Year Founded | 2006 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers AvaTrade and Octa, both platforms have notable features, yet differ in certain aspects. AvaTrade offers spreads that are close to the industry average at just under one pip, precisely at 0.9 pips as of June 2024. This rate is slightly above the spreads available in entry-level accounts from CMC Markets and Tickmill. However, for those who qualify as elected professional traders, AvaTrade offers even more competitive spreads at 0.6 pips, akin to what FP Markets provides. AvaTrade is rated 4.5 stars for commissions and fees and ranks #12 out of 63 brokers on ForexBrokers.com.
On the other hand, Octa has significantly improved its fee structure and is now emerging as a more affordable choice among MetaTrader brokers. A standout feature of Octa is its lack of slippage on 97.5% of executed orders and the absence of overnight carry costs. However, restrictions affect high-frequency traders. The commissions and fees at Octa vary based on the chosen account type and the regulatory entity of the account. Spreads also differ depending on the regulatory body, with the EU entity offering a slightly better average spread of 0.5 pips for the EUR/USD pair compared to 0.9 pips by its foreign entities. Despite improvements in its pricing, Octa's lack of dated spread data requires caution. Octa holds a 4-star rating and ranks #29 in the commissions and fees category according to ForexBrokers.com.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Minimum Deposit | $100 | $25 |
| Average Spread EUR/USD - Standard | 0.93 | 0.9 |
| All-in Cost EUR/USD - Active | 0.61 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
When comparing the range of investments between AvaTrade and Octa, AvaTrade stands out with a more extensive selection, offering 1,260 tradeable symbols compared to Octa's 300. Both platforms provide CFDs for forex trading; however, AvaTrade offers a greater choice with 53 forex pairs available, while Octa provides 35. Although neither broker offers direct access to U.S. exchange-traded securities, Octa allows its clients to buy shares on select international exchanges, which AvaTrade does not. Both AvaTrade and Octa offer copy trading, as well as the ability to trade cryptocurrency derivatives. Neither broker supports the purchase of actual, delivered cryptocurrencies.
In terms of ratings, AvaTrade received 4 stars for their range of investments, whereas Octa scored slightly lower at 3.5 stars. According to ForexBrokers.com, AvaTrade ranks #32 out of 63 brokers in this category, considerably higher than Octa, which sits at #52. These rankings reflect AvaTrade's broader selection of tradeable symbols and forex pairs, making it a more suitable choice for investors seeking diverse investment opportunities.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 300 |
| Forex Pairs (Total) | 53 | 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 comparing AvaTrade and Octa, both brokers provide a wide array of trading platforms and tools. Beginners and experienced traders alike will appreciate the availability of simulated trading through free virtual demo accounts at both firms, allowing for risk-free practice. The brokers also cater to diverse user needs with proprietary platforms developed in-house, and they don't stop there. Traders can enjoy the convenience of trading through Windows-based desktop platforms and web-based platforms, ensuring seamless accessibility. Further, both AvaTrade and Octa support popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with the capability for copy trading.
While AvaTrade and Octa offer similar functionalities, AvaTrade goes the extra mile by including DupliTrade and ZuluTrade as additional features. For traders who heavily rely on technical analysis, Octa edges slightly ahead in charting tools with 15 drawing tools compared to AvaTrade's 13. Both provide the ability to trade directly from stock charts and offer identical watch list configurations with seven fields. Overall, AvaTrade receives a 4.5-star rating and ranks 13th out of 63 brokers for trading platforms and tools, while Octa follows with a 4-star rating and a 37th place ranking, suggesting a slightly more comprehensive package at AvaTrade.
| Feature |
AvaTrade
|
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 | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Drawing Tools (Total) | 13 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of AvaTrade and Octa, both brokers offer comprehensive tools for traders on the go. AvaTrade and Octa provide iPhone and Android apps, making it easy for traders to access the market from any mobile device. Both apps support stock and forex price alerts and the ability to draw trendlines and view multiple time frames on charts, catering to those who appreciate flexibility in their trading analysis. AvaTrade stands out with its impressive 73 technical studies available in its app, compared to Octa's 30, giving it an edge for those who rely heavily on in-depth technical analysis. Additionally, AvaTrade offers a watchlist syncing feature, allowing trades made on the app to seamlessly update across online accounts, a convenience Octa currently does not offer.
On the other hand, Octa has the advantage when it comes to autosaving chart drawings, ensuring that traders do not lose important chart manipulations between sessions, an option not available on AvaTrade's platform. Both apps support the creation of watchlists with real-time quotes, ensuring that users can monitor their favorite instruments with ease. Based on user reviews, AvaTrade scores slightly higher, with a rating of 4.5 out of five stars compared to Octa’s 4 stars. According to ForexBrokers.com, AvaTrade is ranked 13th out of 63 brokers in the Mobile Trading Apps category, while Octa holds the 36th position, reflecting a more favorable consensus around AvaTrade's mobile functionality and features.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing AvaTrade and Octa for market research offerings, several key differences and similarities come to light. Octa stands out by providing daily market commentary, an area where AvaTrade is not active. Both brokers deliver top-quality forex news from leading sources like Bloomberg and Reuters, ensuring traders receive up-to-date information. Octa also gives its traders access to Autochartist, a well-known tool for technical and fundamental analysis, while AvaTrade does not offer this. However, AvaTrade gains an edge with its sentiment-based trading tools that show the ratio of long or short positions across various instruments, an option that Octa lacks.
Both AvaTrade and Octa supply their users with an economic calendar, displaying significant global news events, which is essential for market analysis. Neither broker offers research tools from Acuity Trading or TipRanks, maintaining a level playing field there. Despite their differences, both AvaTrade and Octa receive a commendable 4-star rating for research from ForexBrokers.com. However, in the broader comparison among 63 brokers, Octa is ranked slightly higher at 27th place, compared to AvaTrade's position at 34th. This showcases the unique strengths each broker has in the realm of market research.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners between AvaTrade and Octa, both online brokers excel in offering access to a wide range of educational materials related to forex and CFDs. Each provides more than 10 resources, such as articles and videos, to aid newcomers in understanding trading concepts. Additionally, both brokers host online webinars at least once a month, making continuous learning possible. They also offer searchable archives of past webinars, allowing learners to access information at their convenience. When looking for beginner-friendly trading videos, both AvaTrade and Octa meet the mark by providing over 10 dedicated videos specifically tailored for those new to trading.
Moreover, both brokers extend their educational reach to cater to advanced traders with more than 10 videos focused on sophisticated trading topics. For those seeking to broaden their investment vocabulary, both AvaTrade and Octa deliver with dictionaries containing definitions of at least 50 investing terms. However, when looking at education ratings, both brokers receive a commendable 4-star rating. Still, AvaTrade stands out in the industry rankings for education by ForexBrokers.com, holding the impressive #2 spot out of 63 brokers, while Octa is positioned at #42. This distinction underscores AvaTrade’s higher recognition in providing educational resources for traders.
| Feature |
AvaTrade
|
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 | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that AvaTrade is better than Octa. AvaTrade finished with an overall rank of #13, while Octa finished with an overall rank of #47.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
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Octa
|
|---|---|---|
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| Trust Score | 94 | 72 |
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Both AvaTrade and Octa allow investors to engage in cryptocurrency derivatives, but neither platform provides the option to purchase the actual, delivered cryptocurrency.
When comparing the online brokers AvaTrade and Octa, it's important to note that both platforms do not support ACH or SEPA transfers; however, AvaTrade stands out by offering PayPal along with Skrill, Visa/Mastercard, and bank wires for deposits and withdrawals, while Octa provides similar options excluding PayPal, but includes Skrill, Visa/Mastercard, and bank wires.
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 | AvaTrade | Octa | |
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| Trust Score | 94 | 72 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Octa Review |
| Broker Screenshots | AvaTrade | Octa | |
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| Regulation | AvaTrade | Octa | |
|---|---|---|---|
| Trust Score | 94 | 72 | |
| Year Founded | 2006 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | AvaTrade | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 300 | |
| Forex Pairs (Total) | 53 | 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 | AvaTrade | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.61 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | Octa | |
|---|---|---|---|
| Minimum Deposit | $100 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | AvaTrade | 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 | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| Charting - Drawing Tools (Total) | 13 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | Octa | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | 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 | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | AvaTrade | 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 | AvaTrade Review | Octa Review |
| Overall | AvaTrade | Octa | |
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| Trust Score | 94 | 72 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Octa Review |
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