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Written by ForexBrokers.com

August 29, 2023

The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. To best support your experience, providers are displayed based on your geo location. Please note: Product offerings may vary depending on your country of residence.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% 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.

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  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmiral Markets
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFlowBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo Bank
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxUFX
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
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Overall Rating Octa
Overall Rating info 4/5 Stars
Commissions & Fees 4/5 Stars
Offering of Investments 3.5/5 Stars
Platform & Tools 4/5 Stars
Mobile Trading 4/5 Stars
Research 4/5 Stars
Education 3.5/5 Stars
Trust Score info 70
Winner check_circle
Review Octa Review
Broker Screenshots Octa
Trading Platforms Gallery (click to expand) info
OctaFX OctaTrader web platform. OctaFX Social Copy Trading web. OctaFX social copy trading example strategy. OctaFX social copy Trading Legend traders. OctaFX copy trading strategy provider benefits OctaFX market news OctaFX market news update article detail OctaFX MetaTrader 5 MT5 desktop platform. OctaFX MT5 charts. OctaFX-MetaTrader-5-MT5-forex-news-headlines. OctaFX MetaTrader 5 desktop trading platform watchlist
Mobile Trading Gallery (click to expand) info
OctaFX MetaTrader 5 trading app watchlist OctaFX MetaTrader 5 trading economic calendar events OctaFX MetaTrader 5 trading app forex news headlines OctaFX MetaTrader 5 trading app forex news details OctaFX MetaTrader 5 trading app economic calendar event detail
Research Gallery (click to expand) info
OctaFX research section web OctaFX research technical analysis article OctaFX YouTube webinar livestreams OctaFX research world interest rate tracker OctaFX education webinars YouTube playlist. OctaFX education webinars.
Education Gallery (click to expand) info
OctaFX educational articles OctaFX FX YouTube channel archived webinars OctaFX YouTube channel OctaFX YouTube channel
Regulation Octa
Trust Score info 70
Year Founded info 2011
Publicly Traded (Listed) info No
Bank info No
Regulated in one or more EU or EEA countries (MiFID). info Yes info
Tier-1 Licenses info 1
Tier-2 Licenses info 1
Tier-3 Licenses info 0
Tier-4 Licenses info 0
Tier-1 Licenses (Highly Trusted) Octa
Australia (ASIC Authorised) info No
Canada (CIRO Authorised) info No
Hong Kong (SFC Authorised) info No
Japan (SFC Authorised) info No
Singapore (MAS Authorised) info No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info No
USA (CFTC Authorized) info No
New Zealand (FMA Authorised) info No
Regulated in one or more EU or EEA countries (MiFID). info Yes info
Tier-2 Licenses (Trusted) Octa
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No
South Africa (FSCA Authorised) info Yes
UAE (DFSA/Central Bank Authorised) info No
India (SEBI Authorised) info No
Jordan (JSC Authorised) info No
Investments Octa
Forex Trading (Spot or CFDs) info Yes
Tradeable Symbols (Total) info 229
Forex Pairs (Total) info 40
U.S. Stock Trading (Non CFD) info No
Int'l Stock Trading (Non CFD) info No
Social Trading / Copy Trading info Yes
Cryptocurrency (Physical) info No
Cryptocurrency (Derivative) info 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).
Cost Octa
Average Spread EUR/USD - Standard info 0.9 info
All-in Cost EUR/USD - Active info N/A
Active Trader or VIP Discounts info No
Inactivity Fee info No
Execution: Agency Broker info Yes
Execution: Market Maker info Yes
Funding Octa
Minimum Deposit info $25
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Visa/Mastercard (Credit/Debit) info Yes
Bank Wire (Deposit/Withdraw) info Yes
Trading Platforms Octa
Proprietary Platform info Yes
Desktop Platform (Windows) info Yes
Web Platform info Yes
Social Trading / Copy Trading info Yes
MetaTrader 4 (MT4) info Yes
MetaTrader 5 (MT5) info Yes
cTrader info No
DupliTrade info No
ZuluTrade info No
Trading Tools Octa
Virtual Trading (Demo) info Yes
Alerts - Basic Fields info Yes
Watchlists - Total Fields info 7
Charting - Indicators / Studies (Total) info 30
Charting - Drawing Tools (Total) info 15
Charting - Trade From Chart info Yes
Charts can be saved info Yes
Mobile Trading Octa
Android App info Yes
Apple iOS App info Yes
Mobile Alerts - Basic Fields info Yes
Mobile Watchlist info Yes
Watchlist Syncing info No
Mobile Charting - Indicators / Studies info 30
Mobile Charting - Draw Trendlines info Yes
Mobile Charting - Multiple Time Frames info Yes
Mobile Charting - Drawings Autosave info Yes
Mobile Economic Calendar info Yes
Research Octa
Daily Market Commentary info Yes
Forex News (Top-Tier Sources) info Yes
Autochartist info Yes
Trading Central (Recognia) info No
TipRanks info No
Social Sentiment - Currency Pairs info No
Economic Calendar info Yes
Education Octa
Education (Forex or CFDs) info Yes
Client Webinars info Yes
Client Webinars (Archived) info Yes
Videos - Beginner Trading Videos info Yes
Videos - Advanced Trading Videos info Yes
Investor Dictionary (Glossary) info Yes
Major Forex Pairs Octa
GBP/USD info Yes
USD/JPY info Yes
EUR/USD info Yes
USD/CHF info Yes
USD/CAD info Yes
NZD/USD info Yes
AUD/USD info Yes
Review Octa Review
Overall Octa
Overall Rating info 4/5 Stars
Commissions & Fees 4/5 Stars
Offering of Investments 3.5/5 Stars
Platform & Tools 4/5 Stars
Mobile Trading 4/5 Stars
Research 4/5 Stars
Education 3.5/5 Stars
Trust Score info 70
Winner check_circle
Review Octa Review
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