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 | 0.9 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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.
Octa vs Axi: both let you trade forex as CFDs or spot. Octa offers about 300 tradeable symbols, while Axi has around 175. If your focus is currency pairs, Axi lists 65 forex pairs compared with Octa’s 35. Neither broker supports buying U.S.-listed shares outright (non-CFD), but Octa does provide access to some international exchange-traded shares, whereas Axi does not.
Both brokers support copy trading and offer cryptocurrency derivatives, though neither lets you buy actual crypto. For range of investments, each earns 3.5 out of 5 stars from ForexBrokers.com. In the category rankings, Octa is placed #53 of 63 brokers, and Axi is #57. In short: pick Octa if you want more total symbols and international shares, or Axi if you want more forex pairs.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 175 |
| Forex Pairs (Total) | 35 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
Comparing Octa vs Axi for trading platforms and tools: both brokers offer free demo (paper) accounts, web and Windows desktop platforms, MetaTrader 4 (MT4), copy trading, trading directly from charts, 15 chart drawing tools, and watchlists with 7 columns. Octa adds a proprietary, in-house platform and MetaTrader 5 (MT5), while Axi does not support MT5 and has no in-house platform. For third‑party copy platforms, both skip DupliTrade, but Axi supports ZuluTrade and Octa does not.
For overall quality, Octa is rated 4 stars and ranks #38 out of 63 brokers for Trading Platforms and Tools by ForexBrokers.com, while Axi is rated 3.5 stars and ranks #64. Choose Octa if you want MT5 and a broker-built platform alongside MT4; pick Axi if ZuluTrade matters to your strategy.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| 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.
Octa and Axi both offer mobile trading apps for iPhone and Android, with price alerts and the ability to build watchlists with real-time quotes. However, neither app syncs watchlist symbols between mobile and the online account, so changes made in one place won’t automatically appear in the other.
For charting, both Octa and Axi include 30 technical indicators, support drawing trendlines, and let you switch between multiple time frames. A key difference is that Octa’s app auto-saves your chart drawings, while Axi’s does not. Based on ForexBrokers.com, Octa earns 4 stars and ranks #37 out of 63 for mobile trading apps, while Axi earns 3.5 stars and ranks #60. If auto-saving charts and a slightly higher rating matter to you, Octa may be the better fit; otherwise, both apps cover the core features traders expect.
| Feature |
Octa
|
Axi
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
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 | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When considering educational resources for beginner traders, both Octa and Axi present diverse options, although their offerings differ in key areas. Both brokers provide more than ten educational materials, such as articles and videos, on forex or CFDs, making them accessible for those new to trading. They both host monthly online webinars, essential for interactive learning, yet Octa distinguishes itself by offering a searchable archive of recorded webinars, which Axi does not. Additionally, both brokers cater to beginners through at least ten beginner-focused videos, whereas Octa further extends its resources with a series of advanced videos for seasoned traders, a feature lacking at Axi.
In terms of support tools, both brokers offer investor dictionaries with over 50 investing terms, aiding in familiarizing with trading jargon. However, when looking at educational quality and user ratings, Octa earns a commendable four-star rating, compared to Axi's three stars. Despite this, Axi is ranked higher for education by ForexBrokers.com at #27, while Octa holds the 42nd spot. This comparison highlights that while both Octa and Axi support beginner traders with extensive resources, Octa edges ahead with its unique offerings like advanced videos and archived webinar access, possibly providing a more comprehensive learning experience for those looking to delve deeper into trading concepts.
| Feature |
Octa
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| 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 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 |
Octa
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Axi
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|---|---|---|
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| Trust Score | 72 | 82 |
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Both Octa and Axi do not offer the ability to purchase actual (delivered) cryptocurrency but provide options for trading cryptocurrency derivatives.
When comparing online brokers Octa and Axi, both do not support ACH or SEPA transfers or PayPal for fund transactions, yet they both offer Skrill, Visa, Mastercard, and bank wires as viable options for depositing or withdrawing account funds.
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/Central Bank 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. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | Octa | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Octa | Axi | |
|---|---|---|---|
| Minimum Deposit | $25 | $0 | |
| 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 | No | No |
| Trading Platforms | Octa | Axi | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Octa | Axi | |
|---|---|---|---|
| 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 | Octa | Axi | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Octa | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Octa | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Octa | Axi | |
|---|---|---|---|
| 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 | Octa Review |
| Overall | Octa | Axi | |
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| Trust Score | 72 | 82 | |
| Winner | check_circle | ||
| Review | Octa Review |
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