Written by ForexBrokers.com
In this head to head comparison of Fineco 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.
Fineco and Octa are online brokers that differ significantly in terms of establishment, trust, and regulation. Founded in 1999, Fineco enjoys a higher trust level in the financial community, being publicly traded and operating as a bank. It holds two Tier-1 licenses, which mark the pinnacle of regulatory trustworthiness, and boasts a Trust Score of 94 out of 99, reflecting its high standing. In contrast, Octa, established in 2011, is not publicly traded and does not function as a bank. Despite holding one Tier-1 license and a Tier-2 license, its Trust Score is 72, placing it with an average risk assessment.
| Feature |
Fineco
|
Octa
|
|---|---|---|
| Year Founded | 1999 | 2011 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing commissions and fees, Octa edges out Fineco on pricing clarity and consistency. Octa earns 4 stars and ranks #30 out of 63 brokers for this category, while Fineco holds 3.5 stars and ranks #52. In short, Octa generally offers keener spreads and more pricing features, whereas Fineco’s lack of verified average spread data makes its true costs harder to judge.
Fineco does not publish average spread figures for forex and CFDs. It lists EUR/USD spreads of 1 pip and 0.8 pips, but neither is labeled as an average or tied to a date range, so you can’t be sure what you’ll typically pay. Fineco may offer lower spreads on index CFDs, but overall transparency for forex pricing is limited, which weighs on its 3.5-star rating and #52 ranking for commissions and fees.
Octa has improved its pricing and is competitive with low-cost MetaTrader brokers. Spreads vary by entity: the EU arm lists a 0.5-pip average on EUR/USD versus 0.9 pips for its foreign entities, though no date ranges are provided. Octa also highlights no slippage on 97.5% of orders and no overnight carry costs, but there are restrictions that can limit high-frequency traders. Taken together, these factors support Octa’s 4-star rating and #30 ranking for commissions and fees.
| Feature |
Fineco
|
Octa
|
|---|---|---|
| Minimum Deposit | $0 | $25 |
| Average Spread EUR/USD - Standard | N/A | 0.9 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Fineco and Octa both support forex trading via CFDs or spot contracts, but their range of investments differs widely. Fineco lists 9,770 tradeable symbols and 54 forex pairs, while Octa offers 300 symbols and 35 pairs. Fineco also lets clients buy exchange-traded securities on both U.S. and international exchanges, so you can purchase stocks like Apple or Vodafone directly. Octa provides access to exchange-traded securities on international exchanges only, not U.S. markets.
For extra features, Octa supports copy trading and offers cryptocurrency derivatives (not actual coins), whereas Fineco does not offer copy trading or crypto in any form. Reflecting this breadth, Fineco earns 4.5 out of 5 stars for Range of Investments and ranks #17 out of 63 brokers at ForexBrokers.com. Octa earns 3.5 stars and ranks #53.
| Feature |
Fineco
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 300 |
| Forex Pairs (Total) | 54 | 35 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (Derivative) | No | 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.
Fineco and Octa both deliver proprietary trading platforms with access via Windows desktop and the web, so getting started on either is straightforward. The big differences show up in features: Octa provides a free demo account for paper trading, supports copy trading, and includes MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Octa also lets you place trades directly from charts. Fineco does not offer a demo account, copy trading, MT4, or MT5, and it doesn’t support chart trading.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, yet their rankings diverge: Fineco sits at #18 out of 63 brokers on ForexBrokers.com, while Octa is #38. Choose Octa if you want MT4/MT5, a demo account, copy trading, and chart-based order placement. Pick Fineco if you prefer its in-house platform and can live without those extras while valuing a higher category ranking.
| Feature |
Fineco
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Fineco and Octa both offer mobile trading apps for iPhone and Android, and each supports price alerts for stocks and forex. Neither broker syncs watchlists between the mobile app and the online account, but Octa does let you build watchlists with real-time quotes, while Fineco does not. Both apps earned 4 out of 5 stars, with ForexBrokers.com ranking Octa 37th out of 63 brokers and Fineco 43rd out of 63 for Mobile Trading Apps.
If charting tools matter to you, Octa has the edge. Octa’s app includes 30 technical studies, supports drawing trendlines, and auto-saves your chart drawings. Fineco’s app offers 6 technical studies and does not support trendline drawing or auto-save. In short, Fineco covers the essentials like platform availability and alerts, while Octa adds deeper charting and real-time watchlists.
| Feature |
Fineco
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
This Fineco vs. Octa market research comparison highlights a few key differences. If you want daily insights and automated chart ideas, Octa has an edge: it publishes daily market commentary and includes Autochartist for technical setups. Fineco skips daily commentary and does not offer Autochartist. Both brokers stream forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and both include an economic calendar. Neither provides Trading Central tools or a sentiment gauge showing the long/short split. Octa does not include TipRanks or Acuity Trading tools; for Fineco, TipRanks and Acuity Trading availability is not specified.
On scores, Fineco earns 4.0 stars for Research and ranks #34 out of 63 brokers at ForexBrokers.com. Octa also holds a 4-star Research rating but ranks higher at #27. In short, Octa’s daily commentary and Autochartist offer more built-in guidance, while Fineco keeps pace on quality news and calendars.
| Feature |
Fineco
|
Octa
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Client sentiment data | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Fineco and Octa both support new traders with ongoing education. Each runs client webinars at least once a month and offers 10+ beginner-friendly trading videos, making it easier to learn the basics of forex and CFDs. Octa also provides 10+ advanced videos for experienced traders, while Fineco does not meet that advanced-video threshold. We could not confirm whether either broker maintains a searchable archive of past webinars, a large investor dictionary (50+ terms), or a catalog of at least 10 forex/CFD-specific articles or videos. On overall quality, both are rated 4/5 stars for Education; in the ForexBrokers.com rankings, Octa places #42 of 63 and Fineco ranks #49.
For beginners choosing between the two, Fineco’s mix of monthly webinars and beginner videos is a straightforward way to start, while Octa adds more depth if you expect to grow into advanced topics. If archived webinars or a detailed glossary matter to you, check each broker’s education center to verify what’s available today. Either way, both platforms give new traders a solid path to learn forex and CFDs before moving on to more complex strategies.
| Feature |
Fineco
|
Octa
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Fineco is better than Octa. Fineco finished with an overall rank of #25, while Octa finished with an overall rank of #47.
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.
| Feature |
Fineco
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Octa
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| Overall Rating |
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| Trust Score | 94 | 72 |
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While Fineco does not provide options for purchasing actual or derivative cryptocurrencies, Octa offers the ability to buy cryptocurrency derivatives, allowing traders to engage with cryptocurrency market movements without owning the underlying asset.
Comparing payment methods at online brokers Fineco and Octa: Fineco supports ACH/SEPA transfers and bank wires but not PayPal or Skrill, while Octa lacks ACH/SEPA and PayPal yet accepts Skrill and bank wires; Visa/Mastercard availability is not specified for either.
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 | Fineco | Octa | |
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| Trust Score | 94 | 72 | |
| Winner | check_circle | ||
| Review | Fineco Review | Octa Review |
| Broker Screenshots | Fineco | Octa | |
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| Regulation | Fineco | Octa | |
|---|---|---|---|
| Trust Score | 94 | 72 | |
| Year Founded | 1999 | 2011 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Fineco | 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) | No | 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) | Fineco | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Fineco | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 300 | |
| Forex Pairs (Total) | 54 | 35 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (Derivative) | No | 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 | Fineco | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | No | Yes |
| Funding | Fineco | Octa | |
|---|---|---|---|
| Minimum Deposit | $0 | $25 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Fineco | Octa | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Fineco | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Price Alerts | No | Yes | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Fineco | Octa | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | Octa | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Fineco | Octa | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD [DELETED] | |||
| Review | Fineco Review | Octa Review |
| Overall | Fineco | Octa | |
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| Trust Score | 94 | 72 | |
| Winner | check_circle | ||
| Review | Fineco Review | Octa Review |
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