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.
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Octa (founded 2011) and IUX (founded 2016) are both online brokers that are not publicly traded and are not banks. Each firm holds one Tier-1 license and one Tier-2 license, signaling comparable oversight from higher- and mid-tier regulators.
According to ForexBrokers.com, Octa has a Trust Score of 73 out of 99 and IUX scores 76, which both fall into the “average risk” range (70–79). While IUX edges out Octa by a small margin on trust score, their regulatory profiles are broadly similar.
| 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 |
When comparing Octa vs IUX on commissions and fees, both brokers offer pricing that can work well for cost-conscious traders, but IUX has a slight edge overall. Octa is rated 4 out of 5 stars and ranks #27 out of 36 for Commissions and Fees, while IUX earns 4.5 out of 5 stars and ranks #19 out of 36. Octa has improved its pricing a lot and now comes close to some of the lowest-cost MetaTrader brokers, but its average spread figures are not tied to a date range, which makes them harder to compare directly.
Octa’s costs depend on the account type and the entity that oversees the account. European clients use the EU setup, where EUR/USD averages 0.5 pips, while international clients may see about 0.9 pips. Octa also advertises no overnight carry costs and no slippage on 97.5% of executed orders, but it does have some restrictions that may not suit high-frequency traders. IUX also varies by account type, with Standard and Standard+ accounts requiring just a $10 minimum deposit, while Raw and Pro accounts are built for more active traders and require a $500 minimum deposit.
For pricing, IUX gives traders a few clear choices: Standard and Standard+ are spread-only options, Pro offers lower spreads without commission, and Raw has the tightest spreads but adds a $6 commission per 100,000 units. IUX lists average EUR/USD spreads of 0.9 pips on Standard, 0.7 pips on Pro, and about 0.6 pips on Raw when the commission is counted in pip terms. Overall, Octa may appeal to traders looking for simple low-cost trading with no overnight carry costs, while IUX is the better fit if you want more account options and slightly stronger overall value for commissions and fees.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Minimum Deposit | $25 | $50 |
| Average spread (EUR/USD) - Spread-only account | 0.9 | 0.86 |
| All-in Cost EUR/USD - Raw spread account | N/A | 0.6 |
| Non-wire bank transfer (Deposit/Withdraw) | 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.
When comparing Octa vs IUX for range of investments, Octa offers a wider selection overall. Octa lists 300 tradeable symbols, compared with 152 at IUX, and it also has a slightly larger forex lineup with 35 pairs versus 34. Both brokers support forex trading as CFDs or spot contracts, and both let clients trade international exchange-listed securities, such as shares on the London Stock Exchange. However, neither broker offers U.S.-listed exchange traded securities or the option to buy actual, delivered cryptocurrency.
For extra features, Octa has an edge because it offers copy trading, while IUX does not. Both brokers do provide cryptocurrency CFDs. Even with these differences, each broker is rated 3.5 out of 5 stars for Range of Investments, though ForexBrokers.com ranks Octa higher at #34 out of 36 brokers, while IUX is ranked #37.
| 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 and IUX both give traders a useful mix of platform choices, including free demo accounts, in-house platforms, Windows desktop apps, web-based trading, MT5, and the ability to trade directly from charts. Both also support paper trading, which makes it easier for beginners to practice without risking real money. In this area, the two brokers share many of the same core tools, so the main differences come down to a few standout features and overall rating.
Octa has the edge for trading platforms and tools because it also offers MT4 and copy trading, while IUX does not. That extra flexibility helps Octa earn a 4-star rating for Trading Platforms and Tools, compared with IUX at 3.5 stars. This is also reflected in ForexBrokers.com rankings, where Octa places #32 out of 36 brokers and IUX comes in at #37, giving Octa the stronger overall platform and tools package.
| 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.
Octa and IUX both offer mobile trading apps for iPhone and Android, so either broker can work well for traders who want to manage positions on the go. Octa has a slight edge for everyday usability thanks to stock and forex price alerts, which IUX does not offer. Octa also lets users draw trendlines in the app and automatically saves those drawings, while IUX only offers auto-saving for drawings and does not support trendline drawing. Watchlist syncing between the mobile app and online account is not available at either broker.
When it comes to charting, IUX gives traders access to 106 technical studies in its mobile app, compared with 30 at Octa, which may appeal to users who want more indicators to work with. That said, Octa is rated higher for mobile trading apps overall, with 4 stars versus IUX’s 3.5 stars, and it also ranks better in ForexBrokers.com’s mobile trading app category, placing #30 out of 36 brokers compared with IUX at #37. In short, IUX offers more charting tools, while Octa stands out more for app features and overall mobile trading quality.
| 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.
When it comes to market research, Octa has the edge over IUX. Octa offers daily market commentary, forex news from major sources like Bloomberg and Reuters, and research support from Autochartist, giving traders more help spotting possible opportunities and tracking market moves. IUX, by comparison, does not offer daily commentary, top-tier news feeds, or Autochartist tools, though both brokers do provide an economic calendar for keeping up with important global events.
That difference shows up in independent ratings as well. Octa is rated 4 out of 5 stars for Research and ranks #25 out of 36 brokers at ForexBrokers.com, while IUX is rated 3 out of 5 stars and ranks #37. For traders who want more built-in market insight, Octa appears to offer a stronger research experience than IUX.
| 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 beginners looking for learning support, Octa has the edge over IUX. Octa offers forex and CFDs education, runs online educational webinars at least once a month, and provides 10+ beginner videos plus 10+ advanced videos for traders who want to keep learning as they grow. IUX also offers 10+ beginner videos and forex or CFDs education, but it does not run monthly educational webinars and does not offer 10+ advanced videos.
That difference shows up in independent ratings too. Octa is rated 4 out of 5 stars for Education and is ranked #33 out of 36 brokers by ForexBrokers.com in this category, while IUX is rated 3 out of 5 stars and ranked #37. In plain terms, Octa gives new traders more ways to learn, especially through regular webinars and more advanced video 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 #36, while IUX finished with an overall rank of #37.
Octa is a low-cost broker best known for its simple MetaTrader experience, proprietary web platform, and social copy trading tools, with a focus on accessibility for newer traders.
| Feature |
Octa
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IUX
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|---|---|---|
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| Trust Score | 73 | 76 |
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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 | 73 | 76 | |
| 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 | 73 | 76 | |
| 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 CMA 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) - Spread-only account | 0.9 | 0.86 | |
| All-in Cost EUR/USD - Raw spread account | 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 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | 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 | 73 | 76 | |
| Winner | check_circle | ||
| Review | Octa Review | IUX Review |
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