Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
When comparing online brokers FxPro and Octa, regulatory credentials highlight some notable differences. FxPro, established in 2006, operates as a bank and holds two Tier-1 licenses, which are highly trusted according to ForexBrokers.com. In contrast, Octa, founded in 2011, is not a bank and has one Tier-1 license. Both brokers are private entities and are not listed on any stock exchange. FxPro also holds a Tier-2 license, similar to Octa, reflecting a degree of trust but not as highly regarded as Tier-1 licenses.
Regarding trust scores from ForexBrokers.com, FxPro stands out with a rating of 93 out of 99, placing it in the highly trusted category. Octa, with a trust score of 72, falls into the average risk category. This difference indicates that, based on regulatory status and trust ratings, FxPro is generally considered a more reliable choice for traders prioritizing regulatory security and trustworthiness.
| Feature |
FxPro
|
Octa
|
|---|---|---|
| Year Founded | 2006 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing commissions and fees, both FxPro and Octa earn 4 out of 5 stars, but Octa ranks slightly higher (#30 of 63) than FxPro (#33 of 63) for this category. FxPro’s pricing sits above the industry average, while Octa has tightened its costs and is now closer to the lowest-cost MetaTrader brokers. Both focus on spreads as the main cost driver, with FxPro also offering a commission-based option on cTrader.
FxPro’s most competitive pricing is on cTrader, where EUR/USD averages about 1.27 pips all-in (0.37-pip spread plus 0.9-pip commission equivalent). On MetaTrader, variable EUR/USD spreads were 1.58 pips on MT4 market execution (1.51 on MT5) and 1.71 pips with instant execution, based on August 2020 data. MT4 lets you choose variable or fixed spreads (fixed not offered on MT5), and execution can be instant (requotes possible, no slippage) or market (no requotes, slippage possible). Note: cTrader has no minimum distance for stops/limits, while MetaTrader requires at least 1 pip. FxPro’s Elite/Active Trader discounts can reach up to 30%, but overall pricing still trails top low-cost competitors.
Octa’s fees depend on your account type and which entity regulates your account. In the EU, there’s a single MT5 account, while international clients can access MT4, MT5, and OctaTrader. Octa lists average EUR/USD spreads around 0.5 pips in the EU and about 0.9 pips under foreign entities, though it does not provide a date range for these figures. Octa reports no slippage on 97.5% of orders and charges no overnight carry costs, but it has trading restrictions that can limit high-frequency strategies.
| Feature |
FxPro
|
Octa
|
|---|---|---|
| Minimum Deposit | $100 | $25 |
| Average Spread EUR/USD - Standard | 1.51 | 0.9 |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
FxPro offers a wider range of investments than Octa, with 2,249 tradeable symbols versus Octa’s 300. Forex traders also get more choice at FxPro with 70 currency pairs, compared to 35 at Octa. Both brokers support forex trading via CFDs and/or spot, provide copy trading options, and let you trade cryptocurrency derivatives—but neither lets you buy actual crypto.
When it comes to stocks, neither broker offers direct U.S.-listed shares, but both provide access to exchange-traded international shares (for example, Vodafone in London). For range of investments, FxPro is rated 4 stars and ranks 29th out of 63 brokers at ForexBrokers.com, while Octa earns 3.5 stars and ranks 53rd. If you want the widest selection of instruments and forex pairs, FxPro is the stronger pick; Octa suits traders who prefer a simpler lineup.
| Feature |
FxPro
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 300 |
| Forex Pairs (Total) | 70 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| 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). | 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 FxPro vs Octa for trading platforms and tools: both brokers provide free demo accounts for simulated trading. Each offers a proprietary platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on a Windows desktop app and in a web browser, and both support copy trading. Neither integrates DupliTrade or ZuluTrade, and both let you place trades straight from a chart.
For charting and workflow, FxPro lists 25 drawing tools versus 15 at Octa; the exact number of technical indicators wasn’t provided for either. Watch lists include six columns at FxPro and seven at Octa. In ForexBrokers.com’s Trading Platforms and Tools category, both earned 4 stars, yet FxPro ranks #17 of 63 brokers while Octa ranks #38. Pick FxPro if you want more drawing tools and a higher category ranking, or consider Octa if having an extra watch-list field is important to you.
| Feature |
FxPro
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and Octa both deliver mobile trading apps for iPhone and Android, with price alerts, real-time quote watchlists, trendline drawing, multiple time frames (intraday, daily, weekly), and auto-saved chart drawings. The big difference is convenience: FxPro syncs your watchlist symbols between the app and your online account, while Octa does not. For charting depth, FxPro offers 65 technical studies compared with Octa’s 30, giving more ways to analyze forex (and other supported markets).
In independent testing by ForexBrokers.com, FxPro’s mobile app earned 4.5 out of 5 stars and ranked #15 out of 63 brokers, while Octa’s app scored 4 stars and ranked #37. If you want richer charting tools and synced watchlists, FxPro is the stronger pick; if you only need core features and alerts on both iPhone and Android, Octa still gets the job done.
| Feature |
FxPro
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, both FxPro and Octa provide daily market commentary and forex news from reputed sources like Bloomberg, Reuters, and Dow Jones, which keeps traders informed with timely updates. While FxPro does not include tools from Autochartist, it makes up for it by offering technical analysis tools from Trading Central and provides a sentiment-based trading tool for gauging market sentiment across various instruments. Octa, on the other hand, features Autochartist tools but does not offer the Trading Central technical analysis or sentiment-based trading tools. Both brokers fall short of providing market research tools from TipRanks or Acuity Trading.
FxPro and Octa each furnish traders with an economic calendar showing crucial global economic events, ensuring traders can prepare for potential market-moving news. Despite minor differences, FxPro and Octa both earn a solid 4-star rating for research. In terms of ranking by ForexBrokers.com, FxPro is slightly ahead, positioned at #26 among 63 brokers, with Octa closely following at #27. This close ranking reflects a strong competition between the brokers in the research category, with each offering a distinct set of tools and features that cater to various trading needs.
| Feature |
FxPro
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources, both FxPro and Octa provide a variety of options for those new to trading forex and CFDs. FxPro and Octa both offer a significant number of educational pieces, including articles, videos, and archived webinars. While FxPro does not offer live online educational webinars monthly, Octa makes this an active part of their offerings, enhancing the learning experience with live sessions. Both brokers have a searchable archive of previous webinars, giving learners the flexibility to access recorded resources at their convenience. FxPro leads with its offerings specifically geared towards beginners, whereas Octa extends beyond fundamentals with a range of advanced educational videos.
FxPro and Octa each present an investor dictionary with over 50 investing terms, aiding newcomers in building their foundational knowledge. However, Octa excels in advanced education, providing resources for more experienced traders. Despite these nuanced differences, both online brokers share a solid education rating of 4 stars. Notably, FxPro ranks higher on ForexBrokers.com in the education category, coming in at #18, compared to Octa’s #42. This distinction may indicate a more comprehensive educational experience for traders using FxPro.
| Feature |
FxPro
|
Octa
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| 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 FxPro is better than Octa. FxPro finished with an overall rank of #21, while Octa finished with an overall rank of #47.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Octa
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| Trust Score | 93 | 72 |
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Both FxPro and Octa do not provide the option to buy actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
Comparing the online brokers FxPro and Octa reveals that FxPro offers a broader range of deposit and withdrawal options, including ACH and SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while Octa supports Skrill, Visa or Mastercard, and bank wires but lacks ACH, SEPA transfers, and PayPal.
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 | FxPro | Octa | |
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| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | FxPro Review | Octa Review |
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| Regulation | FxPro | Octa | |
|---|---|---|---|
| Trust Score | 93 | 72 | |
| Year Founded | 2006 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Octa | |
|---|---|---|---|
| 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) | 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) | FxPro | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FxPro | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 300 | |
| Forex Pairs (Total) | 70 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| 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). | 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 | FxPro | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 0.9 | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Octa | |
|---|---|---|---|
| Minimum Deposit | $100 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | Octa | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Octa | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | Octa | |
|---|---|---|---|
| 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 | FxPro Review | Octa Review |
| Overall | FxPro | Octa | |
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| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | FxPro Review | Octa Review |
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