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 | 1 | 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 | 1.0 | 0.9 |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Active Trader or VIP Discounts | No | 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.
Eightcap and Octa both support forex trading as CFDs or spot contracts, and each offers copy trading along with cryptocurrency derivatives (not the actual coins). For overall variety, Eightcap provides 800 tradeable instruments and 56 forex pairs, compared with Octa’s 300 instruments and 35 pairs. Neither broker offers exchange-traded U.S. shares.
When it comes to listed shares outside the U.S., Octa stands out by offering exchange-traded securities on international exchanges, while Eightcap does not. Both brokers earn 3.5 out of 5 stars for Range of Investments from ForexBrokers.com, though Eightcap ranks #41 of 63 brokers versus Octa at #53—suggesting Eightcap has the broader lineup, while Octa may appeal if you want access to certain international shares.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 800 | 300 |
| Forex Pairs (Total) | 56 | 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.
Comparing Eightcap vs Octa for trading platforms and tools: both brokers support free demo (paper) accounts, Windows desktop platforms, and web-based trading. Each offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading. Octa also adds a proprietary, in-house platform, while Eightcap sticks to third-party platforms. Both let you trade directly from charts, making it easy to place orders from price action.
For charting, both list 15 drawing tools and 7 watchlist columns; indicator totals vary by platform and weren’t specified. Neither integrates DupliTrade or ZuluTrade. In independent testing by ForexBrokers.com, both Eightcap and Octa earned 4 stars for Trading Platforms and Tools, with Octa ranked slightly higher (#38 of 63) than Eightcap (#39 of 63). If you want MT4/MT5 plus a proprietary option, Octa has the edge; if you prefer a MetaTrader-focused setup, Eightcap fits well.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | No | No |
| ZuluTrade | No | No |
| 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.
Eightcap and Octa both offer mobile trading apps for iPhone and Android. Each app supports price alerts for stocks and forex, real-time watchlists, and charting with 30 technical studies. You can draw trendlines, switch between intraday, daily, and weekly time frames, and your chart drawings auto-save.
The key difference is watchlist syncing across devices: Eightcap syncs watchlist symbols between the mobile app and your online account, while Octa does not. Both earn 4 out of 5 stars for mobile trading apps. In ForexBrokers.com’s rankings, Octa is #37 and Eightcap is #39 out of 63 brokers. If syncing your watchlist matters, Eightcap is the better fit; if rankings tip the scale for you, Octa has a slight edge.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Eightcap vs Octa: market research comparison. Both brokers provide daily market commentary and an economic calendar, but Octa pulls ahead thanks to built-in forex news from top sources (e.g., Bloomberg/Reuters/Dow Jones) and access to Autochartist for trade ideas and pattern recognition. That edge is reflected in third-party scores: Octa earns 4 stars and ranks 27th out of 63 brokers for Research on ForexBrokers.com, while Eightcap holds 3.5 stars and ranks 40th out of 63.
Eightcap’s standout is a sentiment tool that shows the ratio of long and short positions across instruments—something Octa does not offer. However, Eightcap lacks headline feeds from top-tier news providers and does not include Autochartist. Neither broker offers Trading Central, TipRanks, or Acuity Trading tools. In short, choose Octa if you want integrated news and automated chart insights; pick Eightcap if a built-in sentiment gauge is more important to your workflow.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | 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 it comes to educational resources for beginners, both Eightcap and Octa provide a solid foundation with a variety of tools to help newcomers understand forex and CFD trading. Both online brokers offer more than 10 educational pieces, such as articles and videos, focused on forex and CFDs. They also have a searchable archive of previously recorded webinars and provide investor dictionaries containing over 50 investing terms. Both platforms cater to beginners with at least 10 educational videos designed specifically to ease new traders into the basics of trading.
However, there are some differences in their offerings. Eightcap does not provide monthly online educational webinars, whereas Octa not only offers these webinars but also features more advanced content with at least 10 videos dedicated to experienced traders. Octa takes the edge in the ratings as well, earning 4 out of 5 stars for their overall educational efforts compared to Eightcap's 3.5 stars. Interestingly, despite Octa's higher rating, Eightcap is ranked higher at #40 compared to Octa's #42 out of 63 brokers by ForexBrokers.com. This could suggest that while Octa may have a richer educational experience, Eightcap is positioned slightly better in the broader education category.
| Feature |
Eightcap
|
Octa
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 72 |
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Both Eightcap and Octa provide options to trade cryptocurrency derivatives, but neither broker offers the ability to purchase actual, delivered cryptocurrency.
When comparing online brokers Eightcap and Octa regarding payment options for deposit and withdrawal, neither supports ACH or SEPA transfers, but Eightcap has the advantage of offering PayPal alongside Skrill, Visa, Mastercard, and bank wire options, while Octa provides Skrill, Visa, Mastercard, and bank wire services but does not support PayPal.
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 | 1 | 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/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Eightcap | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 800 | 300 | |
| Forex Pairs (Total) | 56 | 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 | Eightcap | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | 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 | Eightcap | Octa | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Eightcap | Octa | |
|---|---|---|---|
| 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 | Eightcap | 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 | 30 | 30 | |
| 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 | Eightcap | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | Octa | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Eightcap | 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 | 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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