Written by ForexBrokers.com
In this head to head comparison of Octa vs Libertex (Forex Club), 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.
When comparing the regulatory aspects of online brokers Octa and Libertex (Forex Club), both platforms offer a certain level of trustworthiness in the competitive trading industry. Octa was established in 2011 and holds one Tier-1 license, which is considered highly trusted, and one Tier-2 license, deemed trusted. Libertex, founded earlier in 1997, also holds one Tier-1 license but does not possess a Tier-2 license. Neither company is publicly traded nor operates as a bank, providing a similar landscape concerning their establishment and operational dynamics.
In terms of trustworthiness, based on ForexBrokers.com's Trust Score, Octa scores 72, indicating an average risk, while Libertex scores slightly higher at 73, also portraying average risk. Despite the close ratings, users might lean toward Libertex for a marginally higher score, while Octa's additional Tier-2 license could appeal to those prioritizing regulatory oversight. Both brokers present viable options, offering different strengths to consider for potential traders.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2011 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, Octa has made clear progress and now competes with many low-cost MetaTrader brokers. It earns 4 out of 5 stars and is ranked #30 out of 63 brokers by ForexBrokers.com for this category. Libertex (Forex Club) provides less pricing clarity—average spread data isn’t available—and it holds 3 out of 5 stars with a #63 out of 63 ranking for commissions and fees.
At Octa, what you pay depends on your account type and which Octa entity regulates your account. EU clients use the EU entity with one MT5-based account, while international clients are served via South Africa or the offshore Mwali entity, with access to MT4, MT5, and OctaTrader. Octa reports no slippage on 97.5% of executed orders and no overnight carry costs, though it has restrictions that can limit high-frequency trading strategies.
Octa’s spreads vary by entity. For example, the EU entity lists an average 0.5-pip spread on EUR/USD versus 0.9 pips at its foreign entities. However, Octa does not provide a date range for its “typical” spread figures, so the numbers carry less weight than time-stamped data. Overall, Octa’s pricing appears improved and competitive, while Libertex (Forex Club) does not publish average spread data for a direct comparison.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $25 | $10 |
| Average spread (EUR/USD) - Standard account | 0.9 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Octa and Libertex (Forex Club) both deliver a similar range of investments, each listing around 300 tradeable symbols and supporting forex trading either as CFDs or spot contracts. Both platforms include copy trading and let you speculate on digital assets through cryptocurrency CFDs (but not by buying real crypto). The key difference within forex is breadth: Octa offers 35 currency pairs, while Libertex provides 51.
Stock access also separates the two. Neither broker lets you buy U.S. exchange-traded shares, but Octa does offer certain international exchange-traded stocks (not CFDs), whereas Libertex does not. For Range of Investments, both are rated 3.5 out of 5 stars; in ForexBrokers.com’s rankings out of 63 brokers, Octa places #53 and Libertex sits just behind at #54.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 300 |
| Forex Pairs (Total) | 35 | 51 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| 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). | 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 Libertex (Forex Club) both cover the basics well for traders who want choice and simplicity. Each offers simulated paper trading with a free demo account, a proprietary platform, Windows desktop and web-based platforms, copy trading, and the ability to place orders directly from charts. MetaTrader 4 (MT4) is available at both brokers. The main difference is MetaTrader 5 (MT5): Octa supports MT5, while Libertex does not—making Octa the better pick if you prefer the newer MetaTrader suite. Both include charting tools and watchlists to help you track markets.
For Trading Platforms and Tools, both brokers earn 4 out of 5 stars. In ForexBrokers.com’s 2024 rankings, Octa sits at #38 out of 63 brokers, while Libertex is #51. If you want MT5 or a slightly higher category ranking, Octa has the edge; if you’re focused on MT4 and copy trading, either broker can fit the bill.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Octa and Libertex (Forex Club) both offer iPhone and Android trading apps with price alerts, 30 technical indicators, and the ability to draw trendlines on charts. A key difference is chart work: Octa’s mobile app auto-saves your drawings, while Libertex’s does not.
For watchlists, Libertex syncs symbols between mobile and your online account, but Octa does not. Both earn 4 out of 5 stars for Mobile Trading Apps. According to ForexBrokers.com, Octa ranks 37th out of 63 brokers for mobile apps, ahead of Libertex at 50th. Pick Octa if saved chart annotations matter most; pick Libertex if you want watchlists to sync across devices.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Octa vs. Libertex (Forex Club), Octa comes out ahead for everyday traders who want guidance and tools. Both brokers provide forex news from top-tier sources and an economic calendar, but only Octa publishes daily market commentary and includes Autochartist for technical pattern spotting. Independent scores reflect the gap: Octa is rated 4/5 for Research and ranked 27th out of 63 brokers by ForexBrokers.com, while Libertex is rated 3/5 and ranked 62nd.
Octa does not offer Trading Central, sentiment tools, TipRanks, or Acuity Trading. Libertex likewise lacks Trading Central and a sentiment tool; TipRanks and Acuity Trading availability is not specified in the provided data. In practice, both deliver timely news and calendars, while Octa adds Autochartist and daily commentary to help users interpret market moves and identify trade setups.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | No | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner forex and CFD traders, Octa offers a friendlier learning path than Libertex (Forex Club). Octa runs client webinars at least once a month and provides 10 or more beginner-focused videos that explain core trading topics in plain language. In contrast, Libertex does not host regular educational webinars and falls short of offering 10 beginner videos, which can make it harder for newcomers who prefer guided lessons and structured video courses.
Both brokers supply 10+ advanced trading videos for more experienced traders, but the overall education picture still favors Octa. Octa earns 4 stars for Education and ranks #42 out of 63 brokers on ForexBrokers.com, while Libertex holds 3 stars and ranks #58. If you’re just getting started and want consistent webinars plus a sizable set of beginner videos, Octa is the stronger choice; if you’re already experienced, either broker can serve your needs for advanced video content.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
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 Libertex (Forex Club). Octa finished with an overall rank of #47, while Libertex (Forex Club) finished with an overall rank of #61.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
Octa
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 72 | 73 |
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Octa vs Libertex (Forex Club): neither broker lets you buy actual delivered cryptocurrencies, but both offer cryptocurrency CFD trading.
In an Octa vs Libertex (Forex Club) comparison of deposit and withdrawal methods, Octa supports Skrill and bank wire transfers but not ACH/SEPA or PayPal (card support not specified), while Libertex (Forex Club) does offer ACH/SEPA but its support for PayPal, Skrill, Visa/Mastercard cards, and bank wires is not specified.
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 | Libertex (Forex Club) | |
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| Trust Score | 72 | 73 | |
| Winner | check_circle | ||
| Review | Octa Review |
| Broker Screenshots | Octa | Libertex (Forex Club) | |
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| Broker Gallery (click to expand) |
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| Regulation | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 72 | 73 | |
| Year Founded | 2011 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 300 | |
| Forex Pairs (Total) | 35 | 51 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| 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). | 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 | Libertex (Forex Club) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $25 | $10 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Octa | Libertex (Forex Club) | |
|---|---|---|---|
| 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 |
| Overall | Octa | Libertex (Forex Club) | |
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| Trust Score | 72 | 73 | |
| Winner | check_circle | ||
| Review | Octa Review |
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