Written by ForexBrokers.com
In this head to head comparison of Exness 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.
Exness, established in 2008, and Octa, founded in 2011, are prominent online brokers in the forex market. Neither Exness nor Octa is publicly traded or operates as a bank, which means they are not listed on any stock exchange and do not perform banking services. When it comes to regulatory strength, Exness stands out with two Tier-1 licenses and three Tier-2 licenses, signaling a high level of trust, while Octa holds one Tier-1 and one Tier-2 license. These licenses are crucial in assessing the brokers' reliability, as Tier-1 is regarded as highly trusted and Tier-2 as trusted by ForexBrokers.com.
In terms of overall trustworthiness, Exness achieves a Trust Score of 81 out of 99, categorizing it as a trusted broker. Octa, on the other hand, has a Trust Score of 72, placing it in the average risk bracket. While both brokers have their strengths, Exness's higher ratings and more extensive regulatory coverage may appeal to clients prioritizing security and trust in their trading experience.
| Feature |
Exness
|
Octa
|
|---|---|---|
| Year Founded | 2008 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing the commission and fee structures of Exness and Octa, traders will find unique features that cater to different needs. Exness provides an array of account options, including two standard accounts and three professional accounts, each with varying costs. Their commission-based accounts, Zero Spread and Raw, boast lower spreads but include trade commissions. Conversely, commission-free accounts, such as Standard Cent and Standard, have higher spreads. The Pro account offers the flexibility to switch between instant and market execution, possessing lower spreads than other commission-free accounts. Exness receives a 4-star rating for commissions and fees and ranks 35th out of 62 brokers.
Octa has made notable strides in its pricing by minimizing slippage on executed orders, although there are no overnight fees, high-frequency traders may encounter some restrictions. The fees at Octa depend on the specific account type and the regulatory environment of the account's entity. International clients can choose from MT4 and MT5 accounts, whereas the EU entity exclusively supports MT5 accounts. Octa's EU entity offers slightly more competitive spreads for the EUR/USD pair than its foreign counterpart, yet the lack of a date range for its spread data diminishes the reliability of its claims. Octa also earns a 4-star rating for commissions and fees, ranking 29th among 62 brokers.
In summary, Exness and Octa provide diverse offerings to accommodate varying trader preferences. Exness stands out with its tailored account choices that balance spreads and commissions, while Octa has improved its pricing structure and offers relatively low spreads. Both brokers earn respectable ratings, with Octa having a slight edge in rank. This comparison highlights the need for traders to weigh account variety, execution methods, and the specifics of fee structures before making their decision.
| Feature |
Exness
|
Octa
|
|---|---|---|
| Minimum Deposit | $10 | $25 |
| Average Spread EUR/USD - Standard | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Exness and Octa on their range of investments, both brokers offer forex trading through CFDs or spot contracts. Exness provides a total of 227 tradeable symbols, which includes an extensive offering of 96 forex pairs. In contrast, Octa has a slightly broader spectrum of investment options with 300 tradeable symbols but offers a more limited selection of 35 forex pairs. Neither broker supports buying U.S. exchange-traded securities like Apple shares directly, though Octa allows clients to purchase international exchange-traded securities such as Vodafone shares, a feature not available with Exness.
Both Exness and Octa facilitate copy trading and the trading of cryptocurrency derivatives but do not permit the purchase of actual cryptocurrencies. With regard to user experience and satisfaction, both brokers share equal footing, each rated at 3.5 stars for the range of investments offered. However, Octa holds a slightly higher rank, coming in at #52 compared to Exness’s #55 in ForexBrokers.com’s list of 62 brokers in the Range of Investments category.
| Feature |
Exness
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 300 |
| Forex Pairs (Total) | 96 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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 trading platforms and tools of Exness and Octa, both brokers offer a wide range of features to meet the needs of their users. Each provides a free virtual demo account, allowing traders to practice without financial risk. Both Exness and Octa have developed their own proprietary platforms and support popular trading platforms MetaTrader 4 and MetaTrader 5, for both Windows desktop and web-based browsing. Copy trading is also available with either broker. In terms of trading directly from stock charts, both platforms offer this convenience to their clients.
However, there are a few differences between the two. Exness provides a more extensive suite of drawing tools with 87 options compared to Octa's 15. This difference may cater to traders who need more complex charting capabilities. Watch lists between both brokers are evenly matched with seven columns for customization. In terms of third-party platform support, neither Exness nor Octa offers DupliTrade or ZuluTrade integrations. Overall, both Exness and Octa receive a solid four-star rating for their trading platforms and tools. However, based on ForexBrokers.com rankings, Exness edges out Octa by being placed 26th compared to Octa's 37th out of 62 brokers evaluated.
| Feature |
Exness
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 107 | 30 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Exness and Octa offer accessible mobile trading apps available for iPhone and Android users, catering to traders seeking flexibility on the go. Each app includes essential features such as stock or forex price alerts and the ability to draw trendlines across charts. However, a notable difference is in charting technical studies; Exness stands out with 35 options compared to Octa's 30. Additionally, both apps allow viewing multiple time frames and creating watchlists with real-time quotes. Still, Exness falls short as it doesn't offer automatic saving of chart drawings, a feature Octa provides, enhancing its user experience.
Neither broker supports syncing watchlist symbols between mobile apps and online accounts, which might be a drawback for some users. When it comes to ratings, both Exness and Octa earn a solid four stars for their mobile trading apps. However, Exness is ranked higher at number 26 out of 62 brokers on ForexBrokers.com, while Octa occupies the 35th position. This difference in ranking might influence traders who prioritize a more highly evaluated platform for their mobile trading needs.
| Feature |
Exness
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, both Exness and Octa provide daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. While Exness incorporates research tools from Trading Central, Octa partners with Autochartist to provide technical analysis tools. Exness stands out with a sentiment-based trading tool that displays ratios of long or short positions across currency pairs, a feature that Octa does not offer. Both brokers lack market research support from companies like TipRanks and Acuity Trading, but they do include an economic calendar featuring global news events.
In terms of ratings, Exness scores 3.5 out of 5 stars, while Octa edges ahead with a 4-star rating. According to ForexBrokers.com, Exness ranks #41 among 62 brokerages in the Research category, whereas Octa achieves a higher position, coming in at #27. This shows that while both brokers cover essential research features, Octa is generally rated higher for its market research capabilities.
| Feature |
Exness
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners at Exness and Octa, both brokers provide over 10 educational pieces focused on forex or CFDs. This includes articles, videos, and archived webinars, catering to those new to trading. However, Octa goes a step further by offering monthly live educational webinars, which Exness does not. Both brokers maintain searchable archives of recorded webinars, allowing learners to revisit topics at their convenience. While both platforms have a solid collection of beginner-focused educational videos, Octa expands its resources with a selection of advanced videos for more experienced traders, a feature that Exness lacks.
Exness does provide a helpful investor dictionary with over 50 definitions, matching Octa's offering in this area. Despite their efforts, Exness receives a 3.5-star rating for education, slightly trailing behind Octa's 4 stars. In the education rankings by ForexBrokers.com, Exness is positioned at #47 out of 62 brokers, whereas Octa ranks higher at #42. This suggests that Octa may offer a more comprehensive educational experience for those starting their trading journey.
| Feature |
Exness
|
Octa
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Exness is better than Octa. Exness finished with an overall rank of #43, while Octa finished with an overall rank of #47.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
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Octa
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 72 |
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Both Exness and Octa allow users to trade cryptocurrency derivatives, but neither platform offers the ability to purchase actual, delivered cryptocurrencies.
Both Exness and Octa offer Skrill, Visa, Mastercard, and bank wire options for depositing and withdrawing account funds, though neither provides ACH, SEPA, or PayPal services.
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 | Exness | Octa | |
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| Trust Score | 81 | 72 | |
| Winner | check_circle | ||
| Review | Exness Review | Octa Review |
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| Regulation | Exness | Octa | |
|---|---|---|---|
| Trust Score | 81 | 72 | |
| Year Founded | 2008 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Exness | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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) | Exness | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Exness | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 300 | |
| Forex Pairs (Total) | 96 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Exness | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | Octa | |
|---|---|---|---|
| Minimum Deposit | $10 | $25 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Exness | Octa | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Exness | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Exness | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Exness | Octa | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Exness | Octa | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Exness Review | Octa Review |
| Overall | Exness | Octa | |
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| Trust Score | 81 | 72 | |
| Winner | check_circle | ||
| Review | Exness Review | Octa Review |
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