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 began in 2011 and is not listed. Neither broker is a bank.
Regulation and trust: According to ForexBrokers.com, eToro holds 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted), earning a Trust Score of 96 (90–99 = highly trusted). Octa holds 1 Tier-1 and 1 Tier-2 license with a Trust Score of 72 (70–79 = 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 |
For commissions and fees, eToro is a market‑maker that lists a typical variable spread of 1.0 pip on EUR/USD, which is slightly above the industry average. Most retail traders choose eToro for its social copy trading rather than its spreads. In this category, eToro is rated 4.5/5 stars and ranks #22 out of 63 brokers. Its VIP program, eToro Club, offers five tiers (Silver to Diamond) for balances from $5,000 to $250,000, with perks like Trading Central access, discounted deposits and withdrawals, and a dedicated account manager.
Octa has improved its pricing and now competes with many low‑cost MetaTrader brokers. It advertises no slippage on 97.5% of orders and no overnight carry costs, though some restrictions can limit high‑frequency trading. Your commissions and fees at Octa will vary by account type and by which entity regulates your account.
On spreads, Octa’s averages depend on the entity: its EU arm lists about 0.5 pips on EUR/USD, while foreign entities list around 0.9 pips—both lower than eToro’s 1.0 pip quote. Note that Octa does not provide a date range for its spread data, which makes exact comparisons harder. For the Commissions and Fees category, Octa is rated 4/5 stars and ranks #26 out of 63. Platform options also vary: the EU offers a single MT5 account, while non‑EU clients can choose MT4, MT5, or OctaTrader.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 |
| Average spread (EUR/USD) - Standard account | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 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.
eToro vs Octa: for range of investments, eToro offers a much wider marketplace with 7,441 tradeable symbols and 55 forex pairs, compared with Octa’s 300 symbols and 35 pairs. Both brokers support forex trading either as CFDs or as spot, and both offer copy trading. eToro also provides direct access to exchange‑traded U.S. stocks alongside international shares, while Octa offers exchange‑traded securities on international exchanges but not U.S. shares.
Crypto access is broader at eToro, which lets you buy actual cryptocurrencies as well as trade crypto via CFDs; Octa limits crypto to CFDs. Reflecting this breadth, ForexBrokers.com rates eToro 5 stars for Range of Investments and ranks it 11th out of 63 brokers, while Octa earns 3.5 stars and ranks 33rd.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 300 |
| Forex Pairs (Total) | 55 | 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.
eToro vs Octa: both brokers offer mobile trading apps for iPhone (iOS) and Android, and both support stock and forex price alerts. A key difference is watchlists: eToro syncs your watchlist between the mobile app and the web platform, while Octa does not, which can matter if you switch devices often.
For charting, eToro packs in 104 technical indicators but doesn’t let you draw trendlines or auto-save drawings. Octa includes fewer indicators (30) yet does support trendline drawing and auto-saving your annotations. In expert reviews, eToro’s mobile app is rated 4.5/5 stars and ranks #10 out of 63 brokers at ForexBrokers.com, while Octa earns 4/5 stars and ranks #29. Choose eToro if you want more built-in indicators and synced watchlists; pick Octa if drawing tools and saved chart notes are your priority.
| 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 | No | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
eToro vs Octa for market research: Both brokers deliver daily market commentary, stream forex news from top-tier outlets (such as Bloomberg, Reuters, or Dow Jones), and provide an economic calendar. The differences matter, though. eToro adds Trading Central analytics, a sentiment tool showing long/short ratios, and TipRanks stock research. Octa counters with Autochartist for chart patterns and signals. Neither currently offers tools from Acuity Trading.
If you want more built-in research variety, eToro has the edge thanks to Trading Central, sentiment data, and TipRanks, while Octa suits traders who favor Autochartist for technical setups. According to ForexBrokers.com, eToro earns 4.5/5 stars for Research and ranks 13th out of 63 brokers; Octa earns 4/5 stars and ranks 24th. Both cover the essentials, but eToro’s extras may help with idea generation and confirmation.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | 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 |
eToro
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Octa
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| Trust Score | 96 | 72 |
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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 | 96 | 72 | |
| Winner | check_circle | ||
| Review | eToro Review | Octa Review |
| Broker Screenshots | eToro | Octa | |
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| Regulation | eToro | Octa | |
|---|---|---|---|
| Trust Score | 96 | 72 | |
| 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 SCA 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) | 55 | 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 | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 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 | No | 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 | Yes | 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 | 96 | 72 | |
| Winner | check_circle | ||
| Review | eToro Review | Octa Review |
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