Written by ForexBrokers.com
In this head to head comparison of Octa vs FXGT.com, 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.
Founded in 2011, Octa is an online broker that has gained a respectable position in the trading industry, holding a ForexBrokers.com Trust Score of 72. Octa operates with one Tier-1 and one Tier-2 license, which affirm its compliance with international regulatory standards. Even though Octa is neither publicly traded nor a bank, its licensing credentials place it in the average risk category according to ForexBrokers.com's rating system.
In comparison, FXGT.com entered the market more recently in 2019 and is rated with a ForexBrokers.com Trust Score of 69, categorizing it as a higher-risk option. Like Octa, FXGT.com is not publicly traded and does not operate as a bank. However, it also holds one Tier-1 and one Tier-2 license, suggesting it adheres to a certain level of regulatory oversight, despite its slightly lower trust rating. Both brokers provide traders with a pathway to access global markets, though it's important to consider their differing foundation years and trust ratings when making an informed choice.
| Feature |
Octa
|
FXGT.com
|
|---|---|---|
| Year Founded | 2011 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, Octa generally comes out ahead of FXGT.com thanks to clearer pricing details and cost-friendly features. Octa earns 4 out of 5 stars and ranks #30 out of 63 brokers for this category at ForexBrokers.com, while FXGT.com holds 3.5 out of 5 stars and ranks #57. The gap is driven largely by Octa’s disclosed spread guidance and extras like no overnight carry costs, versus FXGT.com’s lack of published average spread data.
Octa’s fees vary by account type and the entity that regulates your account. EU clients use the EU entity with a single MT5 account, while international clients can choose MT4, MT5, or OctaTrader via its South Africa or Mwali entities. Octa lists average EUR/USD spreads at 0.5 pips in the EU and 0.9 pips for its foreign entities. While Octa doesn’t provide date ranges for these typical spreads (making exact comparisons tricky), pricing has improved and now competes with low-cost MetaTrader brokers. Octa also reports no slippage on 97.5% of orders and no overnight carry costs, though some trading restrictions may limit high-frequency strategies.
FXGT.com provides no average spread data, which makes it harder to estimate total trading costs or compare them directly to peers. That limited transparency helps explain its lower placement for commissions and fees (3.5/5 stars, #57/63) compared with Octa (4/5 stars, #30/63). Traders who prioritize clear pricing guidance may find Octa’s disclosures more helpful when planning costs.
| Feature |
Octa
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $25 | $5 |
| Average Spread EUR/USD - Standard | 0.9 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Octa vs FXGT.com on range of investments: both let you trade forex via CFDs/spot. Octa lists about 300 tradeable symbols, while FXGT.com offers 117. If you care most about currency choice, FXGT.com has 53 forex pairs compared with Octa’s 35. For wider market variety overall, Octa offers more instruments.
Neither broker lets you buy U.S.-listed stocks outright, and neither supports delivered cryptocurrency. Octa does offer access to exchange-traded shares on select international exchanges, which FXGT.com doesn’t. Both provide copy trading and cryptocurrency derivatives. In independent ratings for Range of Investments, Octa scores 3.5/5 and ranks 53rd of 63 brokers, while FXGT.com scores 3/5 and ranks 62nd.
| Feature |
Octa
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 117 |
| Forex Pairs (Total) | 35 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | 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.
Octa and FXGT.com both check key boxes for traders: each offers a free demo account for practice, Windows desktop and web-based platforms, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Octa also provides a proprietary platform built in-house, which FXGT.com does not. Both brokers let you place trades directly from a chart. Specific counts for technical indicators, drawing tools, and watchlist columns aren’t specified, and it’s not stated whether either broker supports DupliTrade or ZuluTrade. For Trading Platforms and Tools, both earn 4 stars, though Octa ranks higher at #38 versus FXGT.com at #57 out of 63 brokers on ForexBrokers.com.
If you want MT4/MT5 plus an extra in-house platform option, Octa has the edge; if you’re focused on MetaTrader with copy trading across desktop and browser, FXGT.com also fits well. In both cases, starting with a free demo account is a simple way to test order entry, chart trading, and day-to-day workflow before funding a live account.
| Feature |
Octa
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 |
| Charting - Indicators / Studies (Total) | 30 | 37 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Octa vs FXGT.com for mobile trading, both brokers offer iPhone and Android apps with real-time watchlists and price alerts for forex and other markets. Each app supports 30 built-in technical studies, lets you draw trendlines on charts, and automatically saves your chart drawings—handy if you switch between devices. In day-to-day use, you’ll find the essentials covered on both platforms for tracking markets and acting quickly.
The key difference is watchlist syncing: FXGT.com syncs your symbols between the mobile app and your online account, while Octa does not. That convenience can matter if you manage lists on multiple devices. Based on ForexBrokers.com ratings, Octa scores higher for Mobile Trading Apps at 4 stars (ranked 37th out of 63 brokers), compared with FXGT.com at 3.5 stars (ranked 59th). If syncing across devices is a priority, FXGT.com has the edge; if overall app rating and ranking matter more, Octa comes out ahead.
| Feature |
Octa
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing market research, Octa offers more built-in resources than FXGT.com. Octa provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, Autochartist tools for technical and fundamental insights, and an economic calendar. It does not include Trading Central, sentiment tools, TipRanks, or Acuity Trading. Overall, Octa earns 4 out of 5 stars for Research and ranks #27 out of 63 brokers on ForexBrokers.com.
FXGT.com focuses on fewer research features. It lacks daily market commentary, premium news feeds, Autochartist, Trading Central, and Acuity Trading. It does include a sentiment tool that shows long/short positioning and an economic calendar. TipRanks availability is not specified. FXGT.com holds 3 out of 5 stars for Research and ranks #57 out of 63 brokers. Choose Octa if you want daily insights and top-tier news; consider FXGT.com if a built-in sentiment gauge is a priority.
| Feature |
Octa
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Octa vs FXGT.com for beginner-friendly forex and CFD education: Octa offers monthly client webinars and provides at least 10 beginner videos plus at least 10 advanced videos that help new traders build skills over time. FXGT.com does not host monthly webinars and does not meet the 10-video minimum for beginner or advanced topics. The data provided does not confirm whether either broker maintains a larger library of 10+ mixed-format lessons overall, a searchable archive of recorded webinars, or an investor dictionary.
For ratings, Octa scores 4 out of 5 stars for Education and ranks 42 out of 63 brokers on ForexBrokers.com, while FXGT.com scores 3 out of 5 stars and ranks 61 out of 63. If you’re a beginner who values frequent live training and a deeper video lineup, Octa is the stronger pick. If monthly webinars are important to you, FXGT.com may not be the best match based on the information available.
| Feature |
Octa
|
FXGT.com
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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 FXGT.com. Octa finished with an overall rank of #47, while FXGT.com finished with an overall rank of #59.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
Octa
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FXGT.com
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| Trust Score | 72 | 69 |
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Both Octa and FXGT.com do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
Comparing online brokers for deposit and withdrawal methods, FXGT.com supports ACH/SEPA and bank wire transfers but not PayPal or Skrill, while Octa offers bank wires and Skrill but not ACH/SEPA or PayPal, and 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 | Octa | FXGT.com | |
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| Trust Score | 72 | 69 | |
| Winner | check_circle | ||
| Review | Octa Review |
| Broker Screenshots | Octa | FXGT.com | |
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| Regulation | Octa | FXGT.com | |
|---|---|---|---|
| Trust Score | 72 | 69 | |
| Year Founded | 2011 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Octa | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Octa | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | Octa | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 117 | |
| Forex Pairs (Total) | 35 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | 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 | Octa | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Octa | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $25 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Octa | FXGT.com | |
|---|---|---|---|
| Proprietary Desktop Trading 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 |
| Trading Tools | Octa | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Octa | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Octa | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Octa | FXGT.com | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Octa | FXGT.com | |
|---|---|---|---|
| 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 | Octa Review |
| Overall | Octa | FXGT.com | |
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| Trust Score | 72 | 69 | |
| Winner | check_circle | ||
| Review | Octa Review |
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