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 |
When comparing commissions and fees, eToro and Octa are both rated 4 out of 5 stars, but eToro ranks a bit higher overall at #22 out of 36 brokers, while Octa comes in at #26. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is slightly above the industry average. In simple terms, that means eToro is usually not the cheapest choice for spread-sensitive traders, though many users are drawn to its social copy trading features instead of low trading costs.
Octa has made major progress on pricing and now competes with some of the lower-cost MetaTrader brokers. Its costs depend on your account type and where your account is regulated. In the EU, Octa lists an average EUR/USD spread of 0.5 pips, while its non-EU entities list 0.9 pips. Octa also advertises no slippage on 97.5% of executed orders and no overnight carry costs, though some account rules may limit high-frequency trading.
eToro also offers a VIP program, called eToro Club, with five tiers from Silver to Diamond for balances between $5,000 and $250,000. Perks can include access to Trading Central, reduced withdrawal and deposit fees, and a dedicated account manager. Overall, eToro may appeal more to traders who value platform features and social trading, while Octa may be the better pick for traders looking more closely at spreads and overall trading costs.
| 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 lists 7,441 tradeable symbols and 65 forex pairs, compared with Octa’s 300 symbols and 35 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both include copy trading. Octa does let clients trade exchange-traded securities on international markets, but it does not offer U.S. exchange-traded shares like Apple. eToro, by contrast, offers both U.S. and international exchange-traded securities, giving traders access to a broader mix of stocks and other assets.
Crypto access is another key difference. eToro lets users buy actual cryptocurrency as well as trade crypto CFDs, while Octa offers crypto CFDs only. Based on ForexBrokers.com, eToro is rated 5 stars for range of investments and ranks #10 out of 36 brokers, while Octa is rated 3.5 stars and ranks #33. For investors who want more choice across stocks, forex, and crypto, eToro has the clearer edge.
| 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.
When comparing eToro and Octa for trading platforms and tools, both brokers give you a web-based platform, a free demo account for practice, copy trading, and the ability to trade directly from charts. Each also offers its own in-house platform, which means you can use tools designed by the broker itself. In plain terms, both are set up to work well for beginners and casual traders who want simple access to markets and social-style trading features.
The main difference is that Octa adds more platform choice for active traders, with both Windows desktop software and support for MetaTrader 4 and MetaTrader 5, while eToro does not offer those options. eToro, however, scores higher overall for Trading Platforms and Tools, with a 4.5-star rating and a ForexBrokers.com rank of #8 out of 36 brokers, compared with Octa’s 4-star rating and #30 ranking. If you want a broker with a straightforward platform and strong copy trading, eToro stands out; if you prefer MetaTrader and desktop downloads, Octa may be the better fit.
| 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.
eToro and Octa both give traders mobile access on iPhone and Android, and each app supports stock or forex price alerts and the ability to draw trendlines on charts. That said, eToro has the edge for mobile trading tools overall, with watchlist syncing between the app and online account, 104 technical studies for charting, and a stronger Mobile Trading Apps rating of 4.5 out of 5 stars. It also ranks #10 out of 36 brokers in this category, which points to a more polished mobile experience for most users.
Octa also covers the basics well, but its mobile app is lighter in a few key areas. It offers only 30 technical studies, does not sync watchlists between mobile and the online account, and is rated 4 out of 5 stars for mobile trading apps. On the plus side, Octa does auto-save chart drawings, which eToro does not. Still, with a lower Mobile Trading Apps ranking of #29 out of 36, Octa appears better suited to traders who want simple mobile trading rather than a fuller set of charting and watchlist features.
| Feature |
eToro
|
Octa
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|---|---|---|
| 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.
eToro and Octa both give traders useful market research features, including daily market commentary, forex news from major sources like Bloomberg and Reuters, and an economic calendar to track key global events. That means both platforms can help you stay on top of what is moving the markets day to day. In the ForexBrokers.com Research category, eToro is rated 4.5 out of 5 stars and ranked #12 out of 36 brokers, while Octa is rated 4 out of 5 stars and ranked #24.
Where eToro stands out is in its extra research tools. It offers a sentiment tool that shows the balance of long and short positions, plus market research from TipRanks, while Octa does not. Octa, on the other hand, offers Autochartist, which eToro does not. Neither broker offers Trading Central or Acuity Trading tools, so if those are important to you, neither platform fully covers that need.
| 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.
When it comes to beginner-friendly learning, both eToro and Octa give new traders plenty of ways to build skills. Each broker offers forex and CFDs education, monthly educational webinars, and at least 10 beginner videos, plus 10 advanced videos for traders who want to keep learning. That means beginners at either platform can find a steady mix of articles, videos, and live sessions to help them understand trading basics and move on to more advanced topics.
Even with both brokers offering similar types of educational content, eToro stands out more strongly overall. eToro is rated 4.5 out of 5 stars for Education and ranks #3 out of 36 brokers in the category, while Octa is rated 4 out of 5 stars and ranks #32. For beginners comparing the two, eToro appears to have the edge in both quality and recognition, even though Octa still provides a solid range of helpful learning materials.
| 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 |
eToro
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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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