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.
Eightcap (founded 2009) and Octa (founded 2011) are online brokers that are not publicly traded and are not banks. On the ForexBrokers.com Trust Score scale (90-99 highly trusted, 80-89 trusted, 70-79 average risk, 60-69 high risk, under 59 not trusted), Eightcap scores 87 (trusted) while Octa scores 73 (average risk).
Regulation differs: Eightcap holds 3 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted), whereas Octa holds 1 Tier-1 license and 1 Tier-2 license. These license counts help show how each broker is supervised across top- and mid-tier jurisdictions, aligning with their 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 | 1 | 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. Eightcap lists a 0.06‑pip average spread on its Raw account; after adding the $3.50 per side commission, the all‑in cost is about 0.76 pips—just under the industry average of 0.8 pips. Overall, Eightcap lands slightly above the cheapest forex pricing. Eightcap is rated 4.5/5 stars for Commissions & Fees and ranks #20 out of 63 brokers at ForexBrokers.com.
Octa’s pricing has improved and now competes more closely with low‑cost MetaTrader brokers, though details vary by region and account type. In the EU (MT5 only), Octa lists an average 0.5‑pip spread on EUR/USD, compared with about 0.9 pips at its foreign entities (South Africa and Mwali), and it reports no slippage on 97.5% of orders plus no overnight carry costs. That said, Octa doesn’t publish a date range for its typical spreads, and certain rules can limit very high‑frequency trading. Octa is rated 4/5 stars for Commissions & Fees and ranks #26 out of 63 brokers.
Bottom line: Eightcap’s Raw account delivers slightly tighter all‑in costs than Octa’s typical non‑EU spreads, while Octa’s EU pricing can be sharper on EUR/USD—but transparency is limited without date‑stamped spread data. If you value clear all‑in costs with strong MetaTrader support, Eightcap has a small edge; if you trade in the EU and want spread‑only pricing with features like no overnight carry costs, Octa can be compelling.
| 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, copy trading, and cryptocurrency CFDs, but neither lets you buy actual crypto or U.S.-listed shares like Apple directly. For total market coverage, Eightcap offers a wider selection with 803 tradable instruments and 55 forex pairs, compared with Octa’s 300 symbols and 35 forex pairs. A key difference: Octa provides access to exchange‑traded shares on some international exchanges, while Eightcap does not.
If you want more symbols and currency pairs, Eightcap has the edge; if you need exchange‑traded international shares, Octa stands out. According to ForexBrokers.com, both earn 3.5 out of 5 stars for Range of Investments. In the same category, Eightcap ranks 29th out of 63 brokers, while Octa ranks 33rd.
| 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 vs Octa: both brokers offer free demo (paper) accounts, web and Windows desktop platforms, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each supports copy trading and lets you place orders directly from charts. Both are rated 4 out of 5 stars for Trading Platforms and Tools by ForexBrokers.com; Octa ranks #30 of 63 brokers, while Eightcap ranks #31.
The main difference is platform choice. Octa also provides a proprietary, in-house platform in addition to MT4/MT5, plus web and Windows download access. Eightcap focuses on third-party platforms like MT4/MT5. Indicator and watch list options can vary by platform. If you want an in-house platform alongside MetaTrader, Octa has the edge; if you prefer a MetaTrader-centered setup with paper trading and copy trading, Eightcap is a strong fit.
| 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.
Eightcap and Octa both deliver capable mobile trading apps for iPhone and Android. Each supports price alerts, 30 built-in technical indicators, trendline drawing, and auto-saving of your chart annotations. In expert reviews, both earned 4 out of 5 stars for mobile trading.
The main difference is watchlist syncing. Eightcap syncs your watchlists between the mobile app and your online account, while Octa does not—useful if you move between devices. In ForexBrokers.com’s rankings for Mobile Trading Apps, Octa sits slightly higher at #29 compared with Eightcap at #31. Choose Eightcap if you value watchlist syncing; pick Octa if a small edge in third-party rankings matters more to you.
| 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.
In an Eightcap vs Octa market research comparison, Octa takes the lead with a 4/5 Research score and a #24 ranking out of 63 brokers on ForexBrokers.com, while Eightcap scores 3.5/5 and ranks #33. Both brokers publish daily market commentary and provide an economic calendar. Octa stands out by delivering forex news from major outlets like Bloomberg, Reuters, or Dow Jones and by offering Autochartist tools. Eightcap does not include these two items.
Eightcap’s edge is a sentiment tool that shows the ratio of long and short positions, plus research tools from Acuity Trading (such as Signal Centre). Both brokers lack Trading Central and TipRanks. If you want live news and pattern scanning, Octa is the stronger pick. If you prefer crowd sentiment and Acuity-powered signals alongside regular commentary and a calendar, Eightcap can suit your needs.
| 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.
Eightcap vs Octa for beginner education: both brokers offer forex and CFD education with well over 10 learning pieces, including at least 10 beginner-focused videos and monthly client webinars. That means new traders can access a steady stream of video lessons and recurring live sessions to build core skills and confidence.
Key differences show up as you advance. Octa provides at least 10 advanced-trader videos, while Eightcap does not. In our education ratings, Octa scores 4 stars compared to Eightcap’s 3.5 stars. Still, ForexBrokers.com ranks Eightcap slightly higher overall for Education (#31 vs. Octa at #32 out of 63). If you want a clear path into more advanced video lessons, Octa has the edge; if you’re focused on beginner-friendly content and frequent webinars, both will serve you well.
| 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 #30, while Octa finished with an overall rank of #34.
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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| Trust Score | 87 | 73 |
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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 | 87 | 73 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Octa Review |
| Broker Screenshots | Eightcap | Octa | |
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| Regulation | Eightcap | Octa | |
|---|---|---|---|
| Trust Score | 87 | 73 | |
| 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 | 1 | 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 (FSA 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 CMA 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 | 87 | 73 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Octa Review |
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