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 | 0.9 | 0.9 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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.
Comparing the range of investments at Octa vs IUX, both brokers let you trade forex through CFDs or spot contracts. Octa lists 300 tradeable symbols versus 152 at IUX, and 35 forex pairs compared with IUX’s 34. Neither broker offers U.S.-listed exchange-traded shares (so you can’t buy stocks like Apple directly), but both provide access to exchange-traded securities on international markets.
For extras, Octa supports copy trading while IUX does not. Neither broker sells actual crypto, though both offer cryptocurrency derivatives. On balance, each earns 3.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings out of 63 brokers, Octa places #53 and IUX ranks #61, signaling a similar, mid-pack offering with Octa holding a slight edge in total symbols and features.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 152 |
| Forex Pairs (Total) | 35 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| 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). |
Dive deeper: Best Copy Trading Platforms.
Octa and IUX both cover the basics well: each offers a free demo (paper) account, a proprietary platform, a web-based platform, and a Windows desktop platform. Both also support trading directly from charts and skip third-party social trading apps like DupliTrade and ZuluTrade. Platform choice is where they diverge. Octa supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and includes copy trading, while IUX supports MT5 only and does not offer copy trading.
For charting tools, the number of built-in technical indicators isn’t specified for either broker, but IUX lists far more drawing tools (89) than Octa (15). Watchlists are more detailed at IUX as well, with 46 fields versus Octa’s 7. In independent testing of trading platforms and tools by ForexBrokers.com, Octa earns 4 stars and ranks #38 out of 63 brokers, while IUX scores 3.5 stars and ranks #60. In short, choose Octa if you want MT4 plus copy trading; pick IUX if you value extensive drawing tools and highly customizable watchlists.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Drawing Tools (Total) | 15 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Octa and IUX both offer iPhone and Android trading apps with watchlists that display real-time quotes. Only Octa provides price alerts; IUX does not. Neither app syncs watchlists with the online account. For charting, IUX includes 106 technical studies compared with 30 on Octa. Octa supports drawing trendlines, while IUX does not. Both apps let you switch among multiple time frames and automatically save chart drawings.
If you want mobile price alerts and basic drawing tools, Octa’s app is the better fit; if you rely on a large library of indicators, IUX stands out. Octa’s mobile app is rated 4 out of 5 stars and ranks 37th out of 63 brokers at ForexBrokers.com, while IUX is rated 3.5 stars and ranks 61st. Either way, both apps let iPhone and Android users trade on the go with charting, time frames, and saved drawings.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education at Octa vs IUX, Octa delivers a wider learning path for forex and CFD trading. Octa offers 10+ educational pieces, monthly client webinars, and a searchable archive of past sessions, making it easier to learn at your own pace. Its video libraries cover both beginner and advanced topics (10+ each), and there’s an investor dictionary with 50+ terms to clarify jargon. IUX, by contrast, provides 10+ beginner videos but does not offer a full forex/CFD education library, runs no client webinars, has no webinar archive, lacks an advanced video series, and does not include a large glossary.
These gaps show up in third-party scores: Octa earns 4 stars for Education and ranks #42 out of 63 brokers at ForexBrokers.com, while IUX earns 3 stars and ranks #60. If you want structured learning with live sessions, replays, and deeper materials as you progress, Octa is the stronger pick. If you only need basic starter videos, IUX can still get you going.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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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Both Octa and IUX do not allow the purchase of actual delivered cryptocurrency, but each provides options for trading cryptocurrency derivatives.
Both Octa and IUX do not support ACH or SEPA transfers or PayPal for account funding, but they both offer Skrill, Visa or Mastercard, and bank wires as options for deposits and withdrawals.
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 (SFC 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. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| 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). |
| Cost | Octa | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Octa | IUX | |
|---|---|---|---|
| Minimum Deposit | $25 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Octa | IUX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Octa | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Drawing Tools (Total) | 15 | 89 | |
| 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 Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Octa | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Octa | IUX | |
|---|---|---|---|
| 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 | 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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