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 |
Octa and IUX both deliver competitive commissions and fees for everyday traders, each earning 4 out of 5 stars. In ForexBrokers.com’s Commissions and Fees rankings, IUX places higher at #19 out of 63 brokers, while Octa is #26 out of 63. Both brokers list attractive spreads but do not provide date ranges for their averages, so comparisons should be treated as indicative rather than exact.
Octa’s pricing has improved and can keep pace with low-cost MetaTrader brokers, though it varies by the entity that regulates your account. In the EU (MT5 only), Octa lists an average EUR/USD spread of 0.5 pips, while its foreign entities list about 0.9 pips. Octa also advertises no slippage on 97.5% of orders and no overnight carry costs, but some rules may limit high-frequency trading. Your final costs will depend on the account type and whether your account is opened under the EU, South Africa, or its offshore entity.
IUX structures pricing by account: Standard and Standard+ need just a $10 deposit (Standard+ supports bonuses but typically shows wider spreads). For active traders, the Pro and Raw accounts require $500; Pro is spread-only with an average EUR/USD spread of 0.7 pips, while Raw charges $6 per lot in commission and lands near 0.6 pips all-in. IUX also lists 0.9 pips on its Standard account. Again, no date ranges are provided for these averages. Overall, IUX’s pricing is competitive—especially on Pro and Raw—while Octa’s best EU pricing can be sharper on paper; your choice may come down to whether you prefer spread-only pricing or a low-spread, commission-based setup.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Minimum Deposit | $25 | 10 |
| Average spread (EUR/USD) - Standard account | 0.9 | 0.86 |
| 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.
Octa vs IUX for range of investments: Octa lists 300 tradeable symbols and 35 forex pairs, while IUX offers 152 symbols and 34 forex pairs. Both support forex trading via CFDs and/or spot, and both provide cryptocurrency CFDs (but not actual, delivered crypto). Neither broker lets you buy U.S.-listed shares directly, but both let you trade exchange-traded securities on certain international exchanges. A key difference is copy trading: Octa offers it, while IUX does not.
In our ratings, both Octa and IUX score 3.5 out of 5 for Range of Investments. Octa ranks 33rd out of 63 brokers in this category, and IUX ranks 35th. If you want a slightly wider catalog and access to copy trading, Octa has the edge; if you just need core markets including forex and crypto CFDs plus some international shares, IUX delivers similar coverage with fewer total instruments.
| 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 each provide a free demo account, a proprietary (in‑house) platform, a Windows desktop app, and a web-based platform. Both support MetaTrader 5 (MT5) and let you place trades directly from charts. Key differences: Octa also offers MetaTrader 4 (MT4) and built-in copy trading, while IUX does not support MT4 or copy trading.
For platform choice, Octa has the edge, earning 4 stars for Trading Platforms and Tools and ranking 30th out of 63 brokers at ForexBrokers.com. IUX is close behind with 3.5 stars and a 35th-place ranking, centering on its proprietary platform and MT5. Choose Octa if you want MT4 and copy trading alongside MT5; pick IUX if you mainly want MT5 on straightforward web and desktop platforms.
| 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 and IUX for mobile trading, both brokers offer iPhone and Android apps. According to ForexBrokers.com, Octa earns 4 stars and ranks #29 out of 63 brokers for Mobile Trading Apps, while IUX scores 3.5 stars and ranks #35. That slight edge reflects Octa’s stronger day-to-day usability for many traders.
Feature-wise, Octa supports price alerts, while IUX does not—useful if you rely on notifications for fast market moves. Neither broker syncs watchlists between mobile and web. For charting, IUX packs more built-in technical studies (106 vs. Octa’s 30), but Octa lets you draw trendlines in the app, which IUX lacks. Both apps auto-save chart drawings. In short: choose Octa if alerts and on-chart drawing matter most, or IUX if you want a wider set of technical indicators on your phone.
| 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 market research, Octa offers more built-in guidance than IUX. Octa includes daily market commentary, forex news from top sources like Bloomberg, Reuters, or Dow Jones, and Autochartist tools for technical and fundamental insights. IUX does not provide these extras. Both brokers include an economic calendar, and neither offers Trading Central, a sentiment gauge, TipRanks research, or Acuity Trading tools.
These differences show up in the ratings: Octa scores 4 out of 5 stars for Research and ranks #24 of 63 brokers at ForexBrokers.com, while IUX earns 3 out of 5 stars and ranks #35. If you want daily commentary, high-quality news, and Autochartist in one place, Octa is the more feature-rich choice; if you only need a calendar, IUX may suffice.
| 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.
If you’re just starting out with forex or CFD trading, both Octa and IUX provide beginner education, including at least 10 beginner-focused videos that explain core concepts, platforms, and basic strategies. Octa also runs client webinars at least once per month, giving newcomers live sessions to learn and ask questions; IUX does not currently offer regular educational webinars.
Octa goes further with at least 10 advanced videos for when you’re ready to level up, while IUX lacks that deeper video catalog. That difference shows up in independent ratings: Octa earns 4 stars for Education and ranks 32nd out of 63 brokers at ForexBrokers.com, compared with IUX at 3 stars and 35th. For beginners who value structured learning and live guidance, Octa has the stronger education offering, while IUX still covers the basics through beginner videos.
| 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 #34, while IUX finished with an overall rank of #35.
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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| 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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| 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 | 0.86 | |
| 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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