OctaFX vs TopFX Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare OctaFX vs TopFX.
Does OctaFX or TopFX offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, OctaFX offers better pricing overall for traders.
Is OctaFX or TopFX safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both OctaFX and TopFX hold 1 global Tier-1 licenses. OctaFX holds 1 global Tier-2 licenses, while TopFX holds 0. In our analysis of 23 international regulators across 50 brokers, OctaFX (70) earned a higher Trust Score than TopFX (67).
Which trading platform is better: OctaFX or TopFX?
To compare the trading platforms of both OctaFX and TopFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, OctaFX offers a better experience. With research, OctaFX offers superior market research. Finally, we found OctaFX to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both OctaFX and TopFX offer MetaTrader 4 (MT4).OctaFX and TopFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
TopFX provides traders 60 currency pairs (e.g., EUR/USD) compared to OctaFX's 40 available pairs. Forex pairs aside, TopFX offers traders access to 655 CFDs while OctaFX has 229 available CFDs, a difference of 426.
Can I trust OctaFX?
OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by one Tier-1 regulator (high trust), one Tier-2 regulator (average trust), zero Tier-3 regulators (low trust), and zero Tier-4 regulators (High Risk). OctaFX is authorised by the following tier-1 regulators: European Union via MiFID.
Can I trust TopFX?
TopFX is not publicly traded and does not operate a bank. TopFX is authorised by one tier-1 regulator (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulators (Average Risk), and one tier-4 regulator (High Risk). TopFX is authorised by the following tier-1 regulators: the European Union via MiFID.
Is OctaFX good?
OctaFX offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
Is TopFX good?
TopFX offers the MetaTrader and cTrader platform suites, and grants access to a medium range of CFD markets and forex pairs. However, TopFX struggles to compete with the best brokers in several categories, including market research and education.
Overall winner: OctaFX
Popular Forex Reviews
Popular Forex Guides
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.