Written by ForexBrokers.com
In this head to head comparison of Eightcap 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.
When it comes to online brokers, Eightcap and Octa offer different levels of trustworthiness and regulatory oversight. Eightcap, founded in 2009, holds three Tier-1 licenses, which are highly respected in the industry, and has an overall Trust Score of 85 out of 99, according to ForexBrokers.com. This score indicates that Eightcap is considered a trusted broker. In comparison, Octa, established in 2011, holds just one Tier-1 license and one Tier-2 license, achieving a Trust Score of 72 out of 99, categorizing it as average risk. Both brokers are privately held and not tied to banks, providing investors with straightforward brokerage services.
Choosing between these two brokers involves considering their founding years, license holdings, and trust scores. Eightcap presents a well-regarded option with more Tier-1 licenses and a higher trust rating, suggesting a stronger position in the market. On the other hand, Octa has fewer high-level licenses and a lower trust rating, which might appeal to those who are exploring brokers with a moderate risk profile. Both brokers share the feature of being independent entities not associated with banks, inviting potential clients to weigh their options based on licenses and trust scores.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Year Founded | 2009 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Eightcap’s commissions and fees depend on the account you choose. The Raw account uses tight spreads plus a commission, while the Standard account is spread-only. On the Raw account, Eightcap lists a 0.06-pip average spread; once you include the $3.50 per side commission, the all-in cost comes to about 0.76 pips on EUR/USD—slightly below the 0.8-pip industry average. Even so, Eightcap is a touch pricier than the very cheapest forex brokers.
Octa’s pricing has improved and now competes more closely with low-cost MetaTrader brokers, though it varies by the entity that regulates your account. In the EU (MT5 only), Octa lists an average EUR/USD spread of 0.5 pips, versus about 0.9 pips for its non‑EU entities (which offer MT4, MT5, and OctaTrader). Octa also reports no slippage on 97.5% of orders and no overnight carry costs, but it has rules that can limit high‑frequency strategies. A caveat: Octa does not provide a date range for its average spreads, making exact comparisons harder.
Bottom line: Eightcap’s published all‑in EUR/USD cost of about 0.76 pips on its Raw account makes pricing predictable, while Octa can be cheaper in the EU on paper but varies across entities. For commissions and fees, Eightcap is rated 4 out of 5 stars and ranked #27 of 63, while Octa is rated 4 out of 5 stars and ranked #30 of 63.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Minimum Deposit | $100 | $25 |
| Average spread (EUR/USD) - Standard account | 1.0 | 0.9 |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap and Octa both support forex trading via CFDs and offer copy trading. Eightcap lists 803 tradeable symbols and 55 forex pairs, giving you a wider on-platform selection than Octa’s 300 symbols and 35 pairs. Neither broker lets you buy U.S.-listed shares directly, and neither offers delivered crypto. Both do offer cryptocurrency CFDs for speculative exposure without owning the coins. A key difference is stock access: Octa provides some international exchange-traded securities (not CFDs), while Eightcap does not.
Ratings tell a similar story. Each earns 3.5 stars for Range of Investments, yet Eightcap ranks higher in the category (#41 of 63) than Octa (#53 of 63), reflecting its larger catalog of symbols and currency pairs. Choose Eightcap if you value breadth within CFDs, especially forex; consider Octa if the ability to buy certain international exchange-traded shares matters more to you.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 300 |
| Forex Pairs (Total) | 55 | 35 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| 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.
Eightcap and Octa both cover the essentials for traders who want flexibility across devices and tools. Each broker provides a free demo account for paper trading, Windows desktop software, web-based platforms, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both also let you place trades directly from charts. One key difference: Octa adds a proprietary, in-house platform to its lineup, while Eightcap sticks to third-party options like MetaTrader.
Details such as the number of built-in technical indicators and watchlist columns aren’t disclosed and can vary by platform. In independent testing, both brokers earned 4 out of 5 stars for Trading Platforms and Tools. Octa edges ahead slightly in category ranking at #38 out of 63 brokers, while Eightcap sits at #39. If you want a broker-built platform alongside MT4/MT5, Octa has the extra choice; if you’re happy with the MetaTrader suite and copy trading, Eightcap remains a clear option.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Eightcap vs Octa for mobile trading, both brokers offer iPhone and Android apps and support price alerts for forex and stocks. The standout difference is watchlist syncing: Eightcap syncs your watchlist between the mobile app and your online account so changes carry over across devices, while Octa does not provide cross-device watchlist sync.
For charting, both apps include 30 technical studies, support drawing trendlines, and auto-save your drawings. Each earned 4 out of 5 stars for Mobile Trading Apps. In ForexBrokers.com’s Mobile Trading Apps category (out of 63 brokers), Octa ranks #37 and Eightcap ranks #39. Pick Eightcap if synced watchlists matter most; pick Octa if you prefer the slightly higher category ranking.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Eightcap and Octa both publish daily market commentary and include an economic calendar, but Octa has the stronger news and chart-scanning lineup. Octa streams forex news from top-tier sources (such as Bloomberg, Reuters, or Dow Jones) and offers Autochartist to help spot chart patterns. According to ForexBrokers.com, Octa is rated 4 stars for Research and ranks #27 out of 63 brokers, while Eightcap is rated 3.5 stars and ranks #40.
Eightcap’s standout tools are its sentiment gauge (showing the long/short split) and access to Acuity Trading’s Signal Centre—options Octa does not provide. On the flip side, Eightcap does not carry top-tier news or Autochartist, and neither broker offers Trading Central or TipRanks. If you want live news plus Autochartist, Octa is the better fit; if you prefer sentiment data and Acuity signals, Eightcap may suit your trading style.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Eightcap vs Octa for beginner trading education: both brokers host ongoing client webinars (at least monthly) and each offers 10+ beginner-friendly videos that explain core trading concepts in simple terms. If you’re just getting started with forex or CFDs, either platform can help you learn the basics through step-by-step video lessons and live sessions.
Key differences appear as you progress. Octa provides 10+ advanced videos for experienced traders, while Eightcap does not reach that level. According to ForexBrokers.com, Eightcap earns 3.5 stars for Education and ranks #40 out of 63, while Octa earns 4 stars and ranks #42 out of 63. Choose Octa if you want a deeper advanced video library; choose Eightcap if you’re focused on beginner learning supported by regular webinars.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Eightcap is better than Octa. Eightcap finished with an overall rank of #38, while Octa finished with an overall rank of #47.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
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Octa
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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 72 |
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Comparing online brokers Eightcap and Octa: neither supports buying real, delivered cryptocurrencies, but both offer cryptocurrency CFD trading.
Eightcap vs Octa: for deposit and withdrawal methods, neither supports ACH or SEPA, both support Skrill and bank wire transfers, Eightcap uniquely supports PayPal while Octa does not, and Visa/Mastercard availability is not specified for either.
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 | Eightcap | Octa | |
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| Trust Score | 85 | 72 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Octa Review |
| Broker Screenshots | Eightcap | Octa | |
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| Regulation | Eightcap | Octa | |
|---|---|---|---|
| Trust Score | 85 | 72 | |
| Year Founded | 2009 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | Eightcap | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Eightcap | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 300 | |
| Forex Pairs (Total) | 55 | 35 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| 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 | Eightcap | Octa | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.0 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Eightcap | Octa | |
|---|---|---|---|
| Minimum Deposit | $100 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | Octa | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Eightcap | Octa | |
|---|---|---|---|
| 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 | Eightcap | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Eightcap | Octa | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | Octa | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Eightcap | Octa | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Eightcap Review | Octa Review |
| Overall | Eightcap | Octa | |
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| Trust Score | 85 | 72 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Octa Review |
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