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.
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 fairly competitive pricing, but IUX has the edge overall. Octa has improved a lot and now comes close to the lowest-cost MetaTrader brokers, with no overnight carry costs and no slippage on 97.5% of executed orders. Still, its pricing can vary by entity and account type, and its average spread claims do not include a date range, which makes them harder to judge. Octa is rated 4 stars and ranked #26 out of 36 brokers for commissions and fees.
IUX also keeps things simple with account-based pricing, giving traders a choice between spread-only and commission-based accounts. Its Standard accounts start with a low $10 minimum deposit, while the Raw and Pro accounts are aimed at more active traders and require a $500 deposit. The Raw account charges a $6 commission per 100,000 units, but offers very tight pricing, and the Pro account is spread only with lower spreads than the Standard accounts. IUX is rated 4.5 stars and ranked #19 out of 36 brokers for commissions and fees.
In short, Octa is a solid low-cost option and has made clear progress, but IUX comes out ahead for commissions and fees thanks to its stronger overall rating and better ranking. If you want the simpler choice for cost comparison, IUX is the more attractive pick, while Octa may still appeal to traders who value its no overnight fees and entity-based pricing options.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Minimum Deposit | $25 | $50 |
| 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.
When it comes to range of investments, Octa and IUX are fairly close in a few key areas. Both brokers offer forex trading as CFDs or spot contracts, and both let clients trade international exchange-listed securities, such as shares on the London Stock Exchange. They also each offer cryptocurrency CFDs, but neither allows you to buy actual delivered crypto or U.S.-listed shares like Apple as a direct stock purchase. Octa stands out slightly with more tradeable symbols overall, offering 300 compared with IUX’s 152, and a small lead in forex pairs too, with 35 versus 34.
One clear difference is copy trading: Octa offers it, while IUX does not. Even so, both brokers receive the same 3.5-star rating for Range of Investments. In ForexBrokers.com’s ranking of 36 brokers, Octa places at #33 and IUX at #35, which suggests neither broker leads the field in this category, but Octa offers a somewhat wider selection for traders who want more market variety.
| 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 good range of platform choices, including free demo accounts, a built-in proprietary platform, desktop software for Windows, and a web-based platform that works in a browser. Both also let users trade directly from charts and support MetaTrader 5, so each broker covers the basics well for beginners and more active traders alike. In this category, Octa has a slight edge because it also offers MetaTrader 4 and copy trading, while IUX does not.
When it comes to trading platforms and tools, Octa is rated 4 out of 5 stars and ranks #30 out of 36 brokers, while IUX is rated 3.5 out of 5 stars and ranks #35. That puts Octa ahead overall, mainly thanks to its wider platform lineup and copy trading feature, while IUX still offers a solid mix of trading access options for traders who want a simple, flexible setup.
| 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 gives traders a way to manage positions on the go. Both apps also let users save chart drawings automatically, and neither one offers watchlist syncing between the app and the online account. Where Octa stands out is in price alerts and chart tools: it offers stock or forex price alerts and lets users draw trendlines in the app, while IUX does not offer alerts and does not support trendline drawing. Octa’s mobile app includes 30 technical studies, compared with 106 on IUX.
When it comes to overall mobile app quality, Octa comes out ahead with a 4-star Mobile Trading Apps rating and a #29 ranking out of 36 brokers from ForexBrokers.com. IUX is rated 3.5 stars and ranks #35 out of 36. In short, IUX gives traders more chart indicators, but Octa offers more practical mobile features for active trading, especially if price alerts and trendline tools matter to you.
| 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 tools from Autochartist, which can help traders spot possible setups. IUX does not offer daily commentary, top-tier forex news, or Autochartist tools. Neither broker provides Trading Central, sentiment-based tools, TipRanks, or Acuity Trading research, but both do include an economic calendar with upcoming global events.
Overall, Octa is the stronger choice for research, with a 4-star rating and a #24 ranking out of 36 brokers from ForexBrokers.com. IUX trails behind with a 3-star research rating and a #35 ranking. For traders who want more built-in market insight and timely updates, Octa offers a more helpful research package 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.
When comparing Octa and IUX for beginner education, Octa comes out ahead overall. Octa offers forex and CFD learning content, monthly online client webinars, at least 10 beginner videos, and at least 10 advanced videos for more experienced traders. That mix gives new traders more ways to learn the basics and keep building their skills over time. Octa is rated 4 out of 5 stars for Education and is ranked #32 out of 36 brokers by ForexBrokers.com in this category.
IUX also offers at least 10 beginner trading videos, so it does give newcomers some helpful starting points. However, it does not offer monthly educational webinars, and it does not have at least 10 advanced videos for experienced traders. It is rated 3 out of 5 stars for Education and ranks #35 out of 36 brokers, which suggests its learning resources are more limited than Octa’s for beginners who want a wider range of forex and CFD education.
| 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 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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| 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) - 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 | $50 | |
| 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 | 73 | 76 | |
| Winner | check_circle | ||
| Review | Octa Review | IUX Review |
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