Written by ForexBrokers.com
In this head to head comparison of Octa vs Axi, 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.
Octa and Axi are online brokerage firms with distinct regulatory profiles that cater to different levels of trader trust. Founded in 2011, Octa holds one Tier-1 license and one Tier-2 license, which contributes to its ForexBrokers.com Trust Score of 72. While it is not publicly traded and does not operate as a bank, Octa is still positioned within the average risk bracket, making it a viable option for traders looking for a platform with moderate regulatory oversight.
On the other hand, Axi, established in 2007, holds two Tier-1 licenses, making its regulatory standing stronger in comparison. It also possesses one Tier-2 license, enhancing its overall reliability. Axi's dedication to providing trusted services is reflected in its Trust Score of 82, which falls in the trusted category according to ForexBrokers.com. Like Octa, Axi is neither publicly traded nor a bank, but its higher trust score and additional licensing might appeal to more cautious traders.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Year Founded | 2011 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Looking at commissions and fees, both Octa and Axi earn 4 out of 5 stars, but they land in different spots in the rankings: Octa is #30 of 63 brokers, while Axi is #44 of 63. Octa’s pricing has improved and now keeps pace with many low-cost MetaTrader brokers. Its spreads vary by entity, with the EU entity listing an average 0.5 pips on EUR/USD versus 0.9 pips for its foreign entities. However, Octa doesn’t provide a date range for those averages, so direct, time-based comparisons are limited. Axi does not publish average spread data, which makes side-by-side cost comparisons harder for shoppers focused on spreads.
Your costs at Octa also depend on the account type and where your account is regulated. EU clients get a single MT5 account, while international clients (served from South Africa or Mwali) can choose MT4, MT5, or OctaTrader. Octa highlights no slippage on 97.5% of orders and no overnight carry costs, though it maintains rules that can affect high-frequency trading. If you want published spread guidance and extra fee perks like no overnight charges, Octa may appeal; if you trade with Axi, be aware that the broker doesn’t offer average spread figures to gauge typical pricing.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Minimum Deposit | $25 | $0 |
| Average spread (EUR/USD) - Standard account | 0.9 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Octa and Axi both let you trade forex as CFDs or spot contracts. Octa lists about 300 tradeable symbols, while Axi offers around 175. If forex pairs are your focus, Axi has the edge with 65 currency pairs versus Octa’s 35. Both brokers provide copy trading and let you speculate on cryptocurrencies with CFDs, but neither lets you buy actual crypto. Neither offers U.S.-listed shares, and only Octa lets you buy exchange-traded shares on select international markets (not CFDs).
Both earn 3.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings, Octa places 53rd out of 63 brokers, while Axi ranks 57th. Choose Octa if you want more total symbols and access to international shares; pick Axi if a larger lineup of forex pairs matters most.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 175 |
| Forex Pairs (Total) | 35 | 65 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Octa and Axi both make it easy to get started with a free demo account, and each provides web and Windows desktop platforms, copy trading, and the ability to place trades directly from charts. A key difference is that Octa also offers its own proprietary platform, while Axi does not.
For MetaTrader fans, both brokers support MT4, but only Octa adds MT5. Based on ForexBrokers.com’s evaluations of trading platforms and tools, Octa earns 4 out of 5 stars and ranks 38th, while Axi earns 3.5 out of 5 stars and ranks 64th. If you want MT5 access and an in-house platform option, Octa stands out; if MT4 is all you need, Axi remains a viable choice.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Octa vs Axi for mobile trading, both brokers offer iPhone and Android apps with price alerts, 30 technical indicators for charting, and the ability to draw trendlines. However, neither app syncs watchlists between the mobile app and the client’s online account, so changes made in one place won’t carry over to the other.
Key differences show up in charting convenience and independent ratings. Octa’s app auto-saves chart drawings, while Axi’s does not—useful if you annotate charts often. According to ForexBrokers.com, Octa earns 4 stars and ranks #37 out of 63 brokers for Mobile Trading Apps, whereas Axi scores 3.5 stars and ranks #60. If mobile charting workflow and third-party rankings matter to you, Octa has the edge; otherwise, both deliver core features like alerts and solid on-the-go chart tools.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Octa vs Axi for market research: Octa provides daily market commentary, while Axi does not. Both brokers stream forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and each includes an economic calendar and Autochartist-powered tools. Neither offers Trading Central. Axi stands out with a built-in sentiment tool that shows long/short ratios across instruments; Octa lacks this feature.
Octa earns 4 stars for Research and ranks #27 out of 63 brokers on ForexBrokers.com, compared with Axi’s 3 stars and #56 ranking. Octa does not offer TipRanks or Acuity Trading (Signal Centre). For Axi, availability of TipRanks and Acuity Trading was not specified. Choose Octa if you want daily commentary and higher-rated research; pick Axi if a sentiment gauge is a priority.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Octa vs Axi for beginner education: both brokers run ongoing client webinars at least once a month and provide a large library of beginner-friendly videos (10+), making it easy to learn the basics of forex and CFDs. Octa goes a step further with 10+ advanced videos for experienced traders, while Axi does not offer the same depth at the advanced level—useful to know if you plan to grow your skills over time.
Education scores reflect these differences: Octa is rated 4 out of 5 stars for Education, while Axi is rated 3 out of 5. That said, ForexBrokers.com ranks Axi higher in its Education category (#27 of 63) than Octa (#42 of 63). If you want plentiful beginner content and monthly live sessions, both fit the bill; if advanced video lessons matter, Octa has the edge.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Octa is better than Axi. Octa finished with an overall rank of #47, while Axi finished with an overall rank of #49.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
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Axi
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| Trust Score | 72 | 82 |
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Octa and Axi are online brokers that offer cryptocurrency trading via CFDs, but neither supports buying or taking delivery of actual (spot) cryptocurrencies.
Octa vs Axi deposit and withdrawal comparison: both do not offer ACH or SEPA; Octa does not support PayPal but supports Skrill and bank wire (Visa/Mastercard not specified), while Axi’s support for PayPal, Skrill, Visa/Mastercard, and bank wire is not specified.
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 | Octa | Axi | |
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| Trust Score | 72 | 82 | |
| Winner | check_circle | ||
| Review | Octa Review |
| Broker Screenshots | Octa | Axi | |
|---|---|---|---|
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| Regulation | Octa | Axi | |
|---|---|---|---|
| Trust Score | 72 | 82 | |
| Year Founded | 2011 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Octa | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Octa | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Octa | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 175 | |
| Forex Pairs (Total) | 35 | 65 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Octa | Axi | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Octa | Axi | |
|---|---|---|---|
| Minimum Deposit | $25 | $0 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Octa | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Octa | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Octa | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Octa | Axi | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Octa | Axi | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Octa | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Octa Review |
| Overall | Octa | Axi | |
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| Trust Score | 72 | 82 | |
| Winner | check_circle | ||
| Review | Octa Review |
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