Written by ForexBrokers.com
In this head to head comparison of Octa vs IUX, 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 offers a solid platform for online trading, benefiting from a Tier-1 license and a Tier-2 license, making it a reliable choice among traders. With a Trust Score of 72 from ForexBrokers.com, Octa is categorized as an average risk broker. It is not listed on any stock exchange nor operates as a bank, which is typical for many online brokers.
IUX, established in 2016, also provides a dependable trading experience, holding both a Tier-1 and a Tier-2 license. IUX boasts a slightly higher Trust Score of 78, placing it in the average risk category as well. Like Octa, it is not publicly traded and does not function as a bank. Both brokers offer promising options with competitive regulatory standings suited to different trading needs.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Year Founded | 2011 | 2016 |
| 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 | 1 |
Comparing Octa vs IUX on commissions and fees: both earn 4 out of 5 stars, but Octa ranks higher at #30 of 63 brokers, while IUX is #49 of 63 (ForexBrokers.com). Octa has sharpened its pricing and keeps pace with low-cost MetaTrader brokers; it also advertises no overnight carry costs and reports no slippage on 97.5% of orders, though it has rules that can limit high-frequency trading. IUX is competitive with flexible, easy-entry account choices, yet it doesn’t clearly beat the lowest-cost leaders. For both brokers, average spread figures lack a published date range, so treat them as indicative rather than definitive.
Octa’s fees depend on the entity and account type. EU clients use a single MT5 account, while international clients can choose MT4, MT5, or OctaTrader via South Africa or Mwali. Spreads vary by entity: the EU site lists an average 0.5 pips on EUR/USD, versus about 0.9 pips under foreign entities. The appeal is simple pricing—no overnight carry costs—and strong execution stats (97.5% of orders with no slippage), balanced against restrictions that may deter high-frequency traders.
IUX pricing is tied to four account types. Standard and Standard+ need just $10 to start; Standard+ allows deposit bonuses but has wider spreads, while Standard offers lower spreads without promotions. For active traders, the Pro and Raw accounts require $500: Pro is spread-only with lower spreads than Standard and no commission, while Raw posts the tightest spreads but adds a $6 per standard lot commission. On EUR/USD, IUX lists average spreads of 0.9 pips (Standard), 0.7 pips (Pro), and about 0.6 pips all-in for Raw when you include the commission—again, with no date range provided.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Minimum Deposit | $25 | 10 |
| Average spread (EUR/USD) - Standard account | 0.9 | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments at online brokers Octa and IUX, Octa lists 300 tradeable symbols and 35 forex pairs, while IUX offers 152 symbols and 34 pairs. Both brokers support forex trading via CFDs or spot contracts and offer cryptocurrency as CFDs (not actual coins). Neither provides access to U.S.-listed exchange-traded securities, but both allow clients to buy certain international exchange-traded stocks directly. A key difference is copy trading: Octa offers it; IUX does not.
For range of investments, both Octa and IUX are rated 3.5 out of 5 stars by ForexBrokers.com. In the same category, Octa ranks 53rd out of 63 brokers, ahead of IUX at 61st. In short, Octa edges out IUX on catalog size and copy trading, while both share limits such as no U.S. stocks and no delivered crypto.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 152 |
| Forex Pairs (Total) | 35 | 34 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| 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). |
Dive deeper: Best Copy Trading Platforms.
Octa vs IUX: both forex brokers provide free paper trading with demo accounts, proprietary platforms, a Windows desktop download, and a web-based platform. Each lets you place trades directly from charts. While the exact counts of technical indicators and watchlist fields aren’t listed, both platforms include the core tools most traders look for.
For platform choice, Octa supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while IUX supports MT5 but not MT4. Octa also offers copy trading, which IUX does not. According to ForexBrokers.com, Octa is rated 4 stars and ranks 38th out of 63 for Trading Platforms and Tools; IUX is rated 3.5 stars and ranks 60th out of 63. If you want MT4 access and copy trading, Octa is the stronger pick; if you only need MT5 alongside a proprietary platform, IUX can still meet the need.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Octa vs IUX for mobile trading apps: both offer iPhone and Android apps and both auto-save chart drawings, but there are notable differences. Octa supports price alerts for forex and stocks, while IUX does not. Neither broker syncs watchlists between the app and the web. For drawing tools, Octa lets you draw trendlines on charts, whereas IUX lacks trendline drawing. In industry reviews, Octa earns 4 out of 5 stars and ranks #37 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while IUX scores 3.5 stars and ranks #61.
If you value chart indicators, IUX offers 106 technical studies compared with Octa’s 30. Traders who rely on alerts and manual chart work may prefer Octa for its price alerts and trendline features. Those who want a wider set of indicators may lean toward IUX. In short, Octa focuses on practical trading tools like alerts and drawing, while IUX emphasizes a large indicator list, though it lacks trendline drawing and ranks lower overall.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing Octa vs IUX for market research, Octa offers more built-in resources. Octa provides daily market commentary and a forex news feed from top sources like Bloomberg, Reuters, or Dow Jones, while IUX offers neither. Octa also includes Autochartist technical analysis tools. Neither broker includes Trading Central, a sentiment tool, TipRanks, or Acuity Trading integrations. Both brokers do provide an economic calendar.
These differences show up in the ratings: Octa earns 4 out of 5 stars for Research and ranks 27th out of 63 brokers on ForexBrokers.com. IUX scores 3 stars and ranks 60th. If you want frequent insights and built-in analysis for forex trading, Octa is the stronger choice; if you only need a basic calendar, IUX may be enough.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | No | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing forex and CFDs education, Octa offers a fuller learning path than IUX. Both brokers provide at least 10 beginner-focused videos, but Octa adds monthly client webinars that help newcomers ask questions and learn in real time, while IUX does not run regular webinars. As you progress, Octa also supplies at least 10 advanced trading videos, giving you more room to grow; IUX lacks that depth on the advanced side.
These differences show up in third‑party assessments: Octa earns 4 out of 5 stars for Education and ranks 42nd out of 63 brokers in the ForexBrokers.com Education category, while IUX holds 3 stars and ranks 60th. If you want a beginner-friendly broker with ongoing webinars and a wider video library that can carry you from first steps into more complex topics, Octa has the edge. IUX suits beginners who want basic video lessons but don’t need regular webinars or advanced content.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 IUX. Octa finished with an overall rank of #47, while IUX finished with an overall rank of #55.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
Octa
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IUX
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| Overall Rating |
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| Trust Score | 72 | 78 |
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Octa vs IUX comparison: neither online broker offers the ability to buy actual delivered cryptocurrency, but both provide the option to trade cryptocurrency CFDs.
Octa vs IUX: both brokers do not support ACH/SEPA or PayPal, both allow Skrill and bank wire deposits/withdrawals, 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 | IUX | |
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| Trust Score | 72 | 78 | |
| Winner | check_circle | ||
| Review | Octa Review | IUX Review |
| Broker Screenshots | Octa | IUX | |
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| Broker Gallery (click to expand) |
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| Regulation | Octa | IUX | |
|---|---|---|---|
| Trust Score | 72 | 78 | |
| Year Founded | 2011 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Octa | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Octa | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Octa | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 152 | |
| Forex Pairs (Total) | 35 | 34 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| 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). |
| Cost | Octa | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Octa | IUX | |
|---|---|---|---|
| Minimum Deposit | $25 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Octa | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Octa | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Octa | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Octa | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Octa | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Octa Review | IUX Review |
| Overall | Octa | IUX | |
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| Trust Score | 72 | 78 | |
| Winner | check_circle | ||
| Review | Octa Review | IUX Review |
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