Written by ForexBrokers.com
In this head to head comparison of Octa vs FXOpen, 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.
When choosing an online broker, understanding their regulatory background can be important. Octa, founded in 2011, and FXOpen, established in 2003, each hold different positions in terms of trustworthiness and regulatory compliance. According to ForexBrokers.com, Octa has a Trust Score rating of 72, which places it in the average risk category. It holds one Tier-1 license and one Tier-2 license, allowing it a mix of high trust and trust ratings. While not publicly traded and not functioning as a bank, Octa still offers a solid foundation for traders looking for regulated options.
On the other hand, FXOpen has a slightly higher Trust Score rating of 76, also marking it as average risk. It surpasses Octa in regulatory licenses, holding two Tier-1 licenses, which are highly trusted. Like Octa, FXOpen is neither publicly traded nor a bank. These factors make FXOpen a slightly more secure choice for those prioritizing regulation in their trading activities. Ultimately, both brokers provide trusted environments for online trading, with FXOpen holding a slight edge in regulatory trust.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Year Founded | 2011 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Octa and FXOpen both earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s Commissions and Fees ranking, Octa sits at #30 out of 63 brokers, while FXOpen is #45 out of 63—suggesting a slight edge for Octa in overall cost competitiveness.
Octa’s pricing has improved and now competes with many low-cost MetaTrader brokers. Your costs depend on account type and which Octa entity you use: EU clients get a single MT5 account, while international clients can choose MT4, MT5, or OctaTrader via non‑EU entities. Octa reports 97.5% of orders with no slippage and no overnight carry costs, though certain rules may limit high‑frequency trading. Spreads vary by entity: the EU arm lists a 0.5‑pip average on EUR/USD versus 0.9 pips for its foreign entities. Because Octa does not provide a date range for these averages, it’s hard to verify the numbers precisely—even so, pricing appears competitive.
FXOpen’s average spread data is not available, which makes direct, apples‑to‑apples comparison difficult. As with most brokers, your final costs will depend on your chosen account type and the specific regulatory entity. Given the available information, Octa appears more transparent on spreads, but with both brokers rated 4/5 for fees, traders may want to test live or demo conditions to see which delivers better pricing for their strategy.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $25 | $100 |
| Average Spread EUR/USD - Standard | 0.9 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| 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.
Octa vs FXOpen: for range of investments, Octa offers more markets to choose from. Octa lists about 300 tradeable symbols and 35 forex pairs, while FXOpen offers 87 symbols and 25 forex pairs. Both brokers support forex trading via CFDs and/or spot contracts, and both provide copy trading. Each lets you trade cryptocurrency derivatives, but neither offers delivered (actual) crypto. Neither broker lets you buy U.S.-listed shares directly, but Octa does offer access to exchange-traded securities on select international exchanges, which FXOpen does not.
If you want a broader selection under one account, Octa has the edge. That shows up in the ratings: Octa earns 3.5 stars for Range of Investments and ranks 53rd out of 63 brokers, while FXOpen earns 3 stars and ranks 63rd. Traders focused mainly on major forex pairs and copy trading will find both brokers serviceable; those seeking more symbols and international exchange-traded shares may prefer Octa.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 87 |
| Forex Pairs (Total) | 35 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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). |
Dive deeper: Best Copy Trading Platforms.
Octa and FXOpen both offer free demo accounts, Windows desktop and web-based platforms, copy trading, and the popular MetaTrader 4 and MetaTrader 5. Octa adds a proprietary, in-house platform, while FXOpen relies on third-party options. Both let you trade directly from charts and support watch lists with up to seven fields.
For social trading extras, FXOpen integrates ZuluTrade, which Octa does not; neither supports DupliTrade. Charting is similar, with 15 drawing tools available at both brokers. According to ForexBrokers.com, both are rated 4 stars for Trading Platforms and Tools, with Octa ranked 38th out of 63 brokers and FXOpen 54th—making Octa the slightly stronger pick if you want an in-house platform, and FXOpen appealing if you prefer ZuluTrade access.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Octa vs FXOpen for mobile trading, both brokers check the essentials. Each offers iPhone and Android apps, real-time watchlists, price alerts, 30 technical studies, trendline drawing, and multiple time frames for stock or forex charts. One shared drawback: watchlist symbol syncing isn’t supported, so changes you make on mobile won’t mirror automatically to your web platform. Overall ratings are tied at 4 stars for their mobile apps.
The key difference is chart management. Octa’s app auto-saves your chart drawings, while FXOpen’s does not—handy if you annotate charts often and don’t want to redo your work. Independent rankings also tilt to Octa: it’s placed #37 out of 63 brokers for Mobile Trading Apps by ForexBrokers.com, compared with FXOpen at #55. If automatic chart saving and a higher category rank matter to you, Octa may be the better fit; if you just need core mobile trading features on iPhone or Android, both will get the job done.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Octa and FXOpen, both brokers deliver daily market commentary, stream forex news from top-tier sources like Bloomberg or Reuters, and provide an economic calendar. The key difference is tools: Octa includes Autochartist for technical and fundamental insights, while FXOpen does not. Neither broker offers Trading Central or a sentiment tool. Octa does not feature TipRanks or Acuity Trading; FXOpen’s support for those services isn’t specified.
For overall research quality, Octa earns 4 out of 5 stars and ranks 27th out of 63 brokers at ForexBrokers.com, whereas FXOpen holds 3 out of 5 stars and ranks 64th. If you want built-in Autochartist and higher-rated research, Octa may be the better fit. If your needs center on daily commentary, trusted news feeds, and an economic calendar, either broker can cover the basics.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners who want clear, structured learning, Octa stands out over FXOpen. Octa offers a full forex and CFDs education hub with 10+ pieces of content, plus ongoing client webinars every month and a searchable archive of past sessions. It also provides 10+ beginner videos and 10+ advanced videos to help you progress step by step. FXOpen, by contrast, does not meet the 10-piece threshold for forex/CFD education, does not host monthly educational webinars, and does not offer a webinar archive.
Both brokers include an investor dictionary with 50+ terms, which is helpful for quick lookups. Overall quality scores tilt toward Octa: it is rated 4 out of 5 stars for Education and ranks #42 out of 63 brokers on ForexBrokers.com, while FXOpen is rated 3 out of 5 stars and ranks #59 out of 63. If you value ongoing classes and a deeper video library to build basics and beyond, Octa is the more beginner-friendly pick.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Octa is better than FXOpen. Octa finished with an overall rank of #47, while FXOpen finished with an overall rank of #54.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
Octa
|
FXOpen
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 72 | 76 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Octa and FXOpen provide options for trading cryptocurrency derivatives, though neither allow for the purchase of actual, delivered cryptocurrencies.
Both Octa and FXOpen do not support ACH, SEPA, or PayPal for fund deposits or withdrawals, but they offer Skrill, Visa, Mastercard, and bank wires as available options.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Octa | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 72 | 76 | |
| Winner | check_circle | ||
| Review | Octa Review |
| Broker Screenshots | Octa | FXOpen | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | Octa | FXOpen | |
|---|---|---|---|
| Trust Score | 72 | 76 | |
| Year Founded | 2011 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Octa | FXOpen | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| 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) | Octa | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Octa | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 87 | |
| Forex Pairs (Total) | 35 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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). |
| Cost | Octa | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Octa | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $25 | $100 | |
| 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 | Octa | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | Yes |
| Trading Tools | Octa | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Octa | FXOpen | |
|---|---|---|---|
| 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Octa | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Octa | FXOpen | |
|---|---|---|---|
| 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 | Octa Review |
| Overall | Octa | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 72 | 76 | |
| Winner | check_circle | ||
| Review | Octa Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill