Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
FOREX.com, founded in 1999, stands out as a highly regarded online broker with a stellar Trust Score of 99 out of 99 from ForexBrokers.com. Despite not being a bank, it is publicly traded, which adds a layer of trust for its users. The broker boasts an impressive seven Tier-1 licenses, which are regarded as highly trusted, and one Tier-2 license, ensuring its strong regulatory standing. These elements underline FOREX.com’s firm position as a highly trusted broker.
In contrast, Octa, established in 2011, has a Trust Score of 72, categorizing it as having an average risk. Like FOREX.com, Octa is not a bank, nor is it publicly traded, which may influence its perceived reliability. Octa holds one Tier-1 license, which is highly trusted, and one Tier-2 license, reflecting its compliance with standard regulatory practices. While Octa provides a viable service, its regulatory credentials are notably less extensive than those of FOREX.com.
| Feature |
FOREX.com
|
Octa
|
|---|---|---|
| Year Founded | 1999 | 2011 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
FOREX.com earns 4.5 out of 5 stars for commissions and fees and ranks #14 out of 63. In the U.S., its Standard account (the only option for MetaTrader) lists typical EUR/USD spreads around 1.4 pips (July 2023). Outside the U.S., average EUR/USD spreads were lower at 0.74 pips in July 2023. The newer RAW Spread account (available in the U.S., Canada, and the EU) shows typical EUR/USD spreads near 0.13 pips (Feb 2024) plus a $7 per standard lot commission ($3.50 per side). Active traders can earn volume rebates from $2 to $9 per million, but unless you trade more than roughly $50 million per month, the all‑in cost for the RAW account tends to be similar to the Standard account for U.S. clients.
Octa earns 4 out of 5 stars for commissions and fees and ranks #30 out of 63. Pricing depends on your account type and which Octa entity you use. EU clients (MT5 only) see an average EUR/USD spread listed at 0.5 pips, while foreign entities list about 0.9 pips; note that Octa doesn’t provide date ranges for these averages. Octa also highlights no slippage on 97.5% of orders and no overnight carry costs, though some rules can limit high‑frequency strategies. Outside the EU, you can choose MT4, MT5, or OctaTrader accounts.
Comparison: FOREX.com provides dated, transparent spread and commission details and offers active‑trader rebates, but can be pricier than the industry average unless you use its RAW pricing and trade meaningful volume. Octa’s posted spreads—especially in the EU—can look lower and its no‑swap policy can help longer‑term traders, but the lack of time‑stamped spread data makes direct cost comparisons harder. If you prize clear, published pricing with optional rebates, FOREX.com is compelling; if you want potentially lean headline spreads and no overnight costs, Octa may be attractive depending on your region and platform needs.
| Feature |
FOREX.com
|
Octa
|
|---|---|---|
| Minimum Deposit | $100 | $25 |
| Average spread (EUR/USD) - Standard account | 1.4 | 0.9 |
| All-in Cost EUR/USD - Active | 0.9 | 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.
When you compare FOREX.com vs Octa for range of investments, both brokers let you trade forex as CFDs or spot. FOREX.com offers a much wider lineup with 5,500 tradeable symbols and 80 forex pairs, while Octa provides 300 symbols and 35 pairs. Each broker supports cryptocurrency CFDs, but neither lets you buy actual crypto.
Access to stocks differs: neither broker offers exchange-traded securities on U.S. exchanges, and only Octa provides exchange-traded securities on certain international markets; FOREX.com does not. Octa also offers copy trading, while FOREX.com does not. Reflecting its broader product list, FOREX.com is rated 5 stars and ranks #7 out of 63 brokers for Range of Investments at ForexBrokers.com, whereas Octa earns 3.5 stars and ranks #53.
| Feature |
FOREX.com
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 300 |
| Forex Pairs (Total) | 80 | 35 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | 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 FOREX.com vs Octa on trading platforms and tools: both brokers offer free demo (paper) accounts, proprietary in-house platforms, Windows desktop downloads, and web-based platforms. Each also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and lets you place trades directly from charts. A key difference is copy trading—Octa offers it, while FOREX.com does not.
For quality scores, ForexBrokers.com rates FOREX.com 5/5 stars and ranks it #7 out of 63 brokers for Trading Platforms & Tools, while Octa earns 4/5 stars and ranks #38/63. Specific counts for charting indicators and watch list columns were not provided by our source and may vary by platform version. If copy trading matters most, Octa fits the bill; if you want a higher-rated platform suite, FOREX.com is the stronger pick.
| Feature |
FOREX.com
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 88 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FOREX.com and Octa both offer mobile trading apps for iPhone and Android, with price alerts, trendline drawing, and auto-saving of chart drawings. A key convenience difference is watchlist syncing: FOREX.com syncs watchlists between the mobile app and your online account, while Octa does not, so changes on one device won’t carry over to the other.
For charting depth, FOREX.com includes 88 built-in technical studies versus Octa’s 30, giving more ways to analyze markets on the go. Independent ratings mirror this gap: ForexBrokers.com gives FOREX.com 5 stars and ranks it 3rd out of 63 brokers, while Octa’s app earns 4 stars and ranks 37th. If you want cross-device watchlists and a wider set of indicators, FOREX.com stands out; if you just need the basics with alerts and drawing tools, Octa covers them.
| Feature |
FOREX.com
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both FOREX.com and Octa provide daily market commentary and forex news from top-tier sources such as Bloomberg and Reuters. However, they differ in the specific tools and resources they offer to traders. FOREX.com includes resources like Trading Central's technical analytics and a sentiment-based trading tool that helps traders understand market positions. In contrast, Octa provides technical analysis tools from Autochartist but lacks the sentiment-based tools that FOREX.com offers.
Both platforms offer an economic calendar to keep traders informed about global news events, making them comparable in this regard. Despite this, FOREX.com outshines Octa in its research offerings, earning a 4.5-star rating compared to Octa's 4 stars. In rankings, FOREX.com holds the 9th position in research out of 63 brokers, significantly higher than Octa, which stands at 27th. Therefore, traders searching for comprehensive market insights may find FOREX.com more aligned with their needs.
| Feature |
FOREX.com
|
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 | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both FOREX.com and Octa give beginners plenty of forex and CFD learning materials. Each offers a library that clears the “10 pieces” bar, plus ongoing monthly client webinars. New traders can start with at least 10 beginner-focused videos at either broker, then keep advancing with 10+ videos aimed at experienced traders. This mix of videos and live sessions makes it easier to learn the basics and build skills over time.
Where they differ is in overall strength and recognition for education. FOREX.com earns 4.5 out of 5 stars for Education and ranks #4 out of 63 brokers, reflecting its strong standing. Octa earns 4 out of 5 stars and ranks #42 out of 63. If you want a higher-rated learning experience with a clear path from beginner to advanced, FOREX.com stands out; if you simply want accessible videos and webinars to get started, Octa also delivers.
| Feature |
FOREX.com
|
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 FOREX.com is better than Octa. FOREX.com finished with an overall rank of #5, while Octa finished with an overall rank of #47.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
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Octa
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|---|---|---|
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| Trust Score | 99 | 72 |
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In this FOREX.com vs Octa comparison, neither online broker lets you buy and hold actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading so you can speculate on crypto prices without owning the underlying asset.
FOREX.com vs Octa: FOREX.com supports ACH/SEPA and PayPal deposits and withdrawals alongside Skrill and bank wire transfers, whereas Octa provides Skrill and bank wires but does not support ACH/SEPA or PayPal; Visa/Mastercard availability is not specified for either broker.
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 | FOREX.com | Octa | |
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| Trust Score | 99 | 72 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Octa Review |
| Broker Screenshots | FOREX.com | Octa | |
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| Regulation | FOREX.com | Octa | |
|---|---|---|---|
| Trust Score | 99 | 72 | |
| Year Founded | 1999 | 2011 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| 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) | No |
| Investments | FOREX.com | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 300 | |
| Forex Pairs (Total) | 80 | 35 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | 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 | FOREX.com | Octa | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.4 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Octa | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | FOREX.com | Octa | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | FOREX.com | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | 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 | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | Octa | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | Octa | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FOREX.com | Octa | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | Octa Review |
| Overall | FOREX.com | Octa | |
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| Trust Score | 99 | 72 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Octa Review |
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