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 |
Comparing commissions and fees, eToro earns 4.5/5 stars and ranks #23 out of 63 brokers at ForexBrokers.com, while Octa scores 4/5 stars and ranks #30. eToro is a market-maker with a typical variable spread of 1.0 pip on EUR/USD, which is a bit higher than the industry average. Many traders choose eToro less for its spreads and more for its social copy trading tools.
Octa has improved its pricing and is catching up with lower-cost MetaTrader brokers. Spreads vary by regulator: the EU entity lists an average 0.5 pips on EUR/USD, versus 0.9 pips at its foreign entities. Octa cites no slippage on 97.5% of orders and no overnight carry costs, though certain rules can limit high-frequency strategies. Keep in mind Octa doesn’t provide a date range for its average spread data, which makes exact comparisons harder.
Extras can affect your all-in costs. eToro’s VIP Club (Silver to Diamond) is aimed at balances of $5,000–$250,000 and can include access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager. At Octa, fees depend on your account type and which entity you use: EU clients get a single MT5 account, while international clients can choose MT4, MT5, or OctaTrader. In short, eToro offers strong social copy features with slightly higher spreads, while Octa’s entity-based pricing can be sharper on EUR/USD.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 |
| Average spread (EUR/USD) - Standard account | 1 | 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 and Octa both support forex trading as CFDs or spot, but their investment lineups differ widely. eToro offers 7,441 tradable symbols and 55 forex pairs, while Octa lists 300 symbols and 35 pairs. eToro lets clients buy exchange-traded stocks on U.S. markets and on international exchanges, whereas Octa does not offer U.S. exchange-traded stocks but does provide access to some international exchange-traded securities. Both platforms include copy trading. For crypto, eToro allows you to buy and hold real cryptocurrency as well as trade crypto via CFDs; Octa offers crypto CFDs only.
Reflecting this breadth, eToro earns 5 stars for Range of Investments and ranks #11 out of 63 brokers at ForexBrokers.com. Octa scores 3.5 stars and ranks #53. In short, eToro suits traders and investors seeking a larger catalog that includes stocks and real crypto, while Octa may appeal to those focused on a tighter selection centered on forex and CFDs.
| 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.
eToro vs Octa on trading platforms and tools: both brokers offer free virtual demo (paper) trading, their own proprietary platforms, web-based trading, copy trading, and the ability to place trades directly from charts. The key differences are platform options. eToro focuses on its in‑house, browser experience and does not provide a Windows desktop download or support MetaTrader. Octa offers a Windows desktop platform and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside its own platform and web trader.
For platform quality, ForexBrokers.com rates eToro 4.5/5 stars and ranks it #8 out of 63 for Trading Platforms and Tools, while Octa earns 4/5 stars and ranks #38. In short: choose eToro if you want an easy web platform with built‑in social copy trading and a free demo; pick Octa if you prefer MT4/MT5 and need a downloadable Windows platform, plus copy trading and a demo account.
| 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.
Both eToro and Octa offer mobile trading apps for iPhone and Android, along with price alerts for stocks and forex. Where they start to differ is convenience and ratings: eToro syncs your watchlists between the app and the web platform, while Octa does not. According to ForexBrokers.com, eToro’s mobile app earns 4.5 out of 5 stars and ranks #10 out of 63 brokers, compared with Octa’s 4-star rating and #37 ranking.
For charting, eToro packs in 104 technical studies, great for indicator-focused traders, but it doesn’t support drawing trendlines and it won’t auto-save drawings. Octa includes 30 studies—fewer than eToro—but it does let you draw trendlines and automatically saves your chart annotations. Choose eToro if you want more built-in indicators and seamless watchlist sync; pick Octa if you value hands-on chart drawing and saved annotations on mobile.
| 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.
Comparing eToro vs Octa for market research, both brokers cover the basics well: each provides daily market commentary, top-tier forex news from sources like Bloomberg and Reuters, and a helpful economic calendar. In independent testing by ForexBrokers.com, eToro earns 4.5 stars for Research and ranks #13 out of 63 brokers, while Octa scores 4 stars and ranks #27.
The biggest differences come down to the tools. Octa includes Autochartist for pattern recognition and trade ideas. eToro counters with Trading Central analytics, a built-in sentiment tool showing long/short positioning, and TipRanks for analyst ratings and stock research. Neither broker offers Acuity Trading tools. If you want pattern-scanning support, Octa is appealing; if you prefer sentiment data, analyst insights, and Trading Central, eToro is the stronger pick.
| 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 cater well to beginners with forex and CFD education. Each broker hosts online educational webinars at least once a month and offers sizable video libraries, including at least 10 beginner-focused lessons and 10 advanced lessons. This mix helps new traders learn the basics through clear how‑to videos and lets more experienced users explore deeper trading topics.
When it comes to quality scores, eToro has the edge: it earns 4.5 out of 5 stars for Education and ranks #5 out of 63 brokers at ForexBrokers.com. Octa is rated 4 out of 5 stars and ranks #42 out of 63. If education is your top priority, eToro’s higher rating and ranking make it the stronger pick, while Octa still provides consistent webinars and plenty of beginner and advanced videos.
| 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 #47.
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 (SFC 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 | 1 | 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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