Written by ForexBrokers.com
In this head to head comparison of Octa vs Earn, 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.
When comparing online brokers Octa and Earn, investors are presented with two firms that have firmly established themselves over the years. Founded in 2011, Octa presents a relatively newer option, whereas Earn has been in the industry since 1994. Neither company is publicly traded or operates as a bank, which may influence investors seeking institutions with extensive public accountability or banking security. Both brokers boast one Tier-1 license, reflecting a high level of confidence from regulatory bodies; however, Octa holds an additional Tier-2 license, strengthening its regulatory credentials.
In terms of trustworthiness according to ForexBrokers.com, both Octa and Earn are considered to pose an average level of risk, thanks to their Trust Scores of 72 and 71, respectively. This slight edge suggests that Octa may offer marginally more assurance to investors compared to Earn. As neither broker is flagged in higher risk categories, potential clients can have reasonable confidence when considering these companies for their trading needs, noting Octa's additional Tier-2 license as a potential benefit for more stringent regulation adherence.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Year Founded | 2011 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to comparing Octa and Earn on commissions and fees, Octa has shown notable improvement in offering competitive pricing. While it struggled in the past, Octa is now climbing the ranks towards being one of the most affordable MetaTrader brokers, earning a solid 4-star rating in this category. The broker notably offers no slippage on 97.5% of executed orders and does not charge overnight carry costs, though there are limitations that may affect high-frequency traders.
The fees and commissions at Octa vary based on the chosen account type and the regulatory entity governing your account. European clients have access to services under the EU entity with a single MT5 account, while international clients can opt for accounts under entities based in South Africa or Mwali, with options for MT4 and MT5, and OctaTrader. Octa’s spread pricing changes depending on the regulating entity, with the EU entity offering a more enticing average spread of 0.5 pips for the EUR/USD pair compared to 0.9 pips from its foreign counterparts. Despite this, there's a lack of dated spread data, making precise comparisons challenging.
On the other hand, Earn also receives a 4-star rating for its commissions and fees, but specific average spread data is not available for comparison. Ranked at #29 out of 63 brokers by ForexBrokers.com, Octa is positioned higher than Earn, which stands at #45. While both brokers are rated similarly in terms of stars, Octa's slightly better ranking reflects its edge in competitive pricing and transparency in commission structures.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Minimum Deposit | $25 | $100 |
| 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.
When comparing the range of investments available at online brokers Octa and Earn, both platforms offer a similar mix of trading options but with some distinct differences. Both provide forex trading as CFD or spot contracts, with Earn offering a larger selection of 61 tradeable forex pairs compared to Octa's 35. In terms of overall tradeable symbols, Earn again has the edge with 500 symbols available, while Octa provides 300. Notably, neither platform offers exchange-traded securities from U.S. exchanges, meaning you cannot directly buy shares of companies like Apple. However, Octa provides access to international exchange-traded securities, allowing clients to purchase shares from companies such as Vodafone, a feature Earn does not offer.
Both Octa and Earn support copy trading, which is a boon for users looking to emulate other traders' strategies. When it comes to cryptocurrency, both brokers allow trading of cryptocurrency derivatives but do not offer the option to buy actual cryptocurrencies directly. Despite some of their differences, both Octa and Earn are rated equally with 3.5 stars for range of investments. However, Earn is ranked slightly higher, coming in at #45 out of 63 brokers according to ForexBrokers.com, while Octa is ranked #52 in the same category.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 500 |
| Forex Pairs (Total) | 35 | 61 |
| 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.
When comparing the trading platforms and tools offered by online brokers Octa and Earn, both platforms excel in providing simulated trading experiences with free virtual demo accounts. Octa stands out with its proprietary trading platform, developed in-house to cater to unique client needs, whereas Earn relies on widely-used trading interfaces. Both brokers offer Windows-based and web-based trading platforms, making accessibility a breeze for traders on different devices. Moreover, both Octa and Earn support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing a familiar environment for their users. For those interested in copy trading, both Octa and Earn offer viable solutions. However, Earn takes the lead with support for ZuluTrade, whereas Octa does not offer this service.
In terms of charting tools, both Octa and Earn provide an array of options with 15 drawing tools available, allowing users to analyze market trends effectively. They also offer the convenience of trading directly from stock charts. For keeping track of market movements, both brokers offer watch lists with seven customizable columns. Despite these similarities, Octa ranks higher than Earn at #37 compared to #51 in the Trading Platforms and Tools category by ForexBrokers.com, underscoring its slight edge. However, both brokers enjoy a solid rating of four stars in this category, indicating a positive reception from users. This comparison ultimately shows that while both Octa and Earn cater well to traders' needs, their slight differences make them uniquely appealing depending on individual trading preferences.
| Feature |
Octa
|
Earn
|
|---|---|---|
| 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 | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| 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.
When it comes to choosing between the mobile trading apps offered by Octa and Earn, both brokers provide comprehensive solutions for traders on the go. Available on both iPhone and Android devices, these apps support a range of trading needs. Users can be assured that instant stock or forex price alerts keep them timely informed of market changes. For those who love to watch the market closely, both brokers have made it possible to create and maintain a dynamic watchlist with real-time quotes. However, it is worth noting that neither Octa nor Earn offers watchlist symbol syncing between their mobile apps and online accounts, which requires manual updates across platforms.
Diving deeper into charting capabilities, traders will find a slightly richer choice of technical studies with Earn, which offers 35 compared to Octa's 30. Both apps accommodate drawing trendlines and auto-save these drawings, helping chart analysis remain intact between sessions. They also support multiple time frames, allowing traders to view market data daily, weekly, or intraday. When it comes to ratings, both Octa and Earn receive four stars for their mobile trading apps, rendering them highly reliable. However, in rankings by ForexBrokers.com, Earn slightly outpaces Octa, coming in at #27 out of 63 brokers, while Octa stands at #36.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research features of Octa and Earn, both online brokers offer daily market commentary and access to forex news from top-tier sources such as Bloomberg and Reuters. This ensures traders are kept well-informed with the latest market developments. Both platforms also feature an economic calendar that highlights important global news events, aiding traders in making timely decisions. However, Octa stands out by providing tools from Autochartist, which offer valuable technical and fundamental analysis, an area where Earn does not compete.
Neither broker provides technical analysis tools from Trading Central, sentiment-based trading tools, market research from TipRanks, or resources from Acuity Trading. Despite some similarities, Octa holds a slight edge with its additional Autochartist offerings, reflected in its higher 4-star research rating compared to Earn's 3.5 stars. Consequently, Octa ranks #27 among 63 brokers on ForexBrokers.com for research capabilities, while Earn is positioned at #38, indicating Octa's stronger overall research offerings.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | 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 resources provided by Octa and Earn for beginners, Octa stands out with a comprehensive array of learning tools. Octa offers more than ten educational pieces focused on forex or CFDs, providing a rich selection of articles, videos, and archived webinars that cater specifically to newcomers. Additionally, Octa conducts at least one educational webinar every month and maintains a searchable archive of these sessions, enhancing accessibility for continuous learning. The platform also extends its resources to include over ten beginner-focused educational videos and a detailed investor dictionary featuring over 50 investing terms.
In contrast, Earn falls short in offering a diverse range of educational resources. It doesn't meet the ten-piece minimum for forex or CFDs education and lacks monthly webinars and a searchable webinar archive. While it provides some educational content, it doesn't reach the same depth or breadth as Octa. As a result, Octa is rated slightly higher with four stars for education compared to Earn’s 3.5 stars. In the educational category ranking by ForexBrokers.com out of 63 brokers, Octa is positioned at #42, markedly ahead of Earn, which ranks at #62. This difference highlights Octa's commitment to empowering beginners with more extensive learning opportunities.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 Earn. Octa finished with an overall rank of #47, while Earn finished with an overall rank of #50.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 72 | 71 |
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Both Octa and Earn do not provide the option to buy actual, delivered cryptocurrencies, but they do offer the ability to purchase cryptocurrency derivatives.
Both Octa and Earn do not support ACH or SEPA transfers nor PayPal for depositing or withdrawing funds, but both brokers offer Skrill, Visa or Mastercard, and bank wire options for managing account funds efficiently.
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 | Earn | |
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| Trust Score | 72 | 71 | |
| Winner | check_circle | ||
| Review | Octa Review |
| Broker Screenshots | Octa | Earn | |
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| Regulation | Octa | Earn | |
|---|---|---|---|
| Trust Score | 72 | 71 | |
| Year Founded | 2011 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Octa | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | 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) | Octa | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Octa | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 500 | |
| Forex Pairs (Total) | 35 | 61 | |
| 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 | Earn | |
|---|---|---|---|
| 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 | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Octa | Earn | |
|---|---|---|---|
| Minimum Deposit | $25 | $100 | |
| 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 | Earn | |
|---|---|---|---|
| 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 | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Octa | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Octa | Earn | |
|---|---|---|---|
| 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 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Octa | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Octa | Earn | |
|---|---|---|---|
| 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 | Earn | |
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| Trust Score | 72 | 71 | |
| Winner | check_circle | ||
| Review | Octa Review |
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