Written by ForexBrokers.com
In this head to head comparison of eToro 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.
eToro vs. Octa: eToro was founded in 2007 and is publicly traded, while Octa, founded in 2011, is not listed. Neither company is a bank. This means both operate as online brokers, but only eToro has shares trading on a stock exchange.
Regulation and trust: eToro holds four Tier-1 licenses (most trusted regulators) and one Tier-2 license (trusted), compared with Octa’s one Tier-1 and one Tier-2 license. On ForexBrokers.com’s 0–99 Trust Score scale—90–99 highly trusted; 80–89 trusted; 70–79 average risk; 60–69 high risk; under 59 not trusted—eToro scores 97 (highly trusted), while Octa scores 73 (average risk).
| Feature |
eToro
|
Octa
|
|---|---|---|
| Year Founded | 2007 | 2011 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Looking at commissions and fees, both eToro and Octa earn 4 out of 5 stars. In ForexBrokers.com’s Commissions and Fees rankings, eToro places #22 out of 63 brokers, while Octa comes in at #26. That puts them in a similar league on pricing, though how you trade and where your account is regulated can make one a better fit than the other.
eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit higher than the industry average. Most traders don’t pick eToro for tight spreads; they choose it for its social copy trading features. eToro’s VIP Club (Silver to Diamond) is available for balances from $5,000 to $250,000 and can lower some non-trading costs with perks like discounted withdrawals and deposits, access to Trading Central, and a dedicated account manager.
Octa has improved its pricing and is now competitive with many low-cost MetaTrader brokers. It advertises no slippage on 97.5% of orders and no overnight carry costs, though some rules can limit high-frequency strategies. Fees and spreads depend on your account type and which Octa entity regulates your account: EU clients get a single MT5 account, while international clients can use MT4, MT5, or OctaTrader. Listed average spreads on EUR/USD are 0.5 pips in the EU and 0.9 pips for foreign entities; however, Octa does not provide date ranges for its spread data, making exact comparisons harder.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 |
| Average spread (EUR/USD) - Standard account | 1 | 0.9 |
| All-in Cost EUR/USD - Active | 1 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, eToro offers a much wider selection than Octa. eToro provides 7,441 tradeable symbols and 65 forex pairs, compared with Octa’s 300 symbols and 35 forex pairs. Both brokers support forex trading, international share dealing, copy trading, and cryptocurrency CFDs, but eToro also lets clients buy real cryptocurrencies and access U.S.-listed exchange traded securities such as Apple shares. Octa does not offer U.S.-listed exchange traded securities.
This broader product lineup helps explain why eToro scores higher for range of investments, with a 5-star rating and a #10 ranking out of 63 brokers from ForexBrokers.com. Octa is rated 3.5 stars and ranks #33 out of 63. If you want more choice across stocks, forex, and crypto, eToro stands out as the more versatile option.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 300 |
| Forex Pairs (Total) | 65 | 35 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
Comparing eToro and Octa for trading platforms and tools: both brokers offer free demo (paper) accounts, proprietary platforms, web-based trading, copy trading, and the ability to place orders directly from charts. eToro focuses on its browser platform and does not provide a Windows desktop download, and it does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Octa, by contrast, offers a Windows desktop platform and supports both MT4 and MT5 alongside its web platform.
For ratings, eToro scores 4.5/5 stars and ranks #8 out of 63 brokers for Trading Platforms and Tools, while Octa scores 4/5 stars and ranks #30. Consider eToro if you want a streamlined browser experience with copy trading; choose Octa if you prefer a downloadable desktop platform or need MetaTrader compatibility.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing eToro vs Octa for mobile trading, both brokers offer iPhone and Android apps and support price alerts. eToro stands out with watchlist syncing between mobile and web, while Octa lacks this sync. For overall recognition, eToro holds a 4.5/5 Mobile Trading Apps rating and is ranked #10 out of 63 brokers by ForexBrokers.com; Octa is rated 4/5 and ranks #29.
Charting tools are a key difference: eToro includes 104 technical studies in its app versus Octa’s 30. Both let you draw trendlines, but Octa auto-saves chart drawings and eToro does not. If you want deeper built-in indicators and synced watchlists, eToro is the stronger pick. If auto-saving chart annotations matters more, Octa has the edge.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both eToro and Octa give traders useful everyday tools. Each broker offers daily market commentary, forex news from well-known sources like Bloomberg, Reuters, and Dow Jones, and an economic calendar to track upcoming global events. That means both platforms can help beginners and active traders stay aware of what may move the markets.
eToro has the edge in research features overall. It offers a sentiment tool that shows how many traders are buying or selling a pair, plus market research from TipRanks, which Octa does not provide. Octa does stand out with Autochartist, a helpful tool for technical and fundamental analysis, but it lacks eToro’s sentiment data and TipRanks access. This difference is reflected in their ratings and rankings: eToro earns 4.5 stars and ranks #12 out of 63 for Research, while Octa scores 4 stars and ranks #24.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
eToro and Octa both deliver forex and CFD education suitable for beginners. Each provides 10+ educational pieces focused on forex and CFDs, runs online client webinars at least once a month, and offers at least 10 beginner videos along with 10+ advanced videos, so you can learn step by step and keep progressing.
Where they differ is in quality scores and rankings. eToro’s education is rated 4.5 out of 5 stars and ranks #3 out of 63 brokers at ForexBrokers.com, while Octa earns 4 out of 5 stars and ranks #32. If you want a higher-rated learning experience with regular webinars and plenty of video content, eToro is the stronger choice. If you’re after straightforward tutorials and monthly live sessions, Octa still offers good value for beginners.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Octa. eToro finished with an overall rank of #9, while Octa finished with an overall rank of #34.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
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Octa
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| Trust Score | 97 | 73 |
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In the eToro vs Octa comparison, eToro lets you buy actual (delivered) cryptocurrency and trade crypto CFDs, while Octa offers only cryptocurrency CFDs and does not support buying real, delivered crypto.
In the eToro vs Octa comparison for deposit and withdrawal methods, eToro supports ACH/SEPA transfers and PayPal (as well as Skrill and bank wires), while Octa lacks ACH/SEPA and PayPal but does offer Skrill and bank wire transfers.
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 | eToro | Octa | |
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| Trust Score | 97 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review | Octa Review |
| Broker Screenshots | eToro | Octa | |
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| Regulation | eToro | Octa | |
|---|---|---|---|
| Trust Score | 97 | 73 | |
| Year Founded | 2007 | 2011 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | 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) | Yes | 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) | eToro | 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 | eToro | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 300 | |
| Forex Pairs (Total) | 65 | 35 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | eToro | Octa | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 0.9 | |
| All-in Cost EUR/USD - Active | 1 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Octa | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Octa | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | 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 | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Octa | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Octa | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | Octa | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Octa Review |
| Overall | eToro | Octa | |
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| Trust Score | 97 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review | Octa Review |
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