Pepperstone vs Octa 2025
In this head to head comparison of Pepperstone vs Octa, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Pepperstone vs Octa, 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.
Pepperstone and Octa are both well-known players in the online trading industry, having been established in 2010 and 2011, respectively. While neither is publicly traded or operates as a bank, there are significant differences in their regulatory standings. Pepperstone holds three Tier-1 licenses, which is a sign of high trust according to ForexBrokers.com. In comparison, Octa has just one Tier-1 license. Additionally, Pepperstone possesses two Tier-2 licenses, reflecting its trustworthy status further, whereas Octa maintains only one Tier-2 license.
The ForexBrokers.com Trust Score highlights these differences clearly. Pepperstone scores an impressive 95 out of 99, categorizing it as highly trusted. On the other hand, Octa has a Trust Score of 72, placing it in the average risk category. This information reflects the strong regulatory framework supporting Pepperstone, making it a more trusted choice among online brokers when compared to Octa.
Feature |
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Year Founded | 2010 | 2011 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 3 | 1 |
Tier-2 Licenses | 2 | 1 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 2 | 1 |
Pepperstone and Octa are two prominent online brokers known for their unique pricing structures and trading platforms, especially in terms of commissions and fees. Pepperstone shines with a 4.5-star rating and ranks #10 out of 62 brokers for its commissions and fees. This Australian broker offers competitive pricing, particularly with its Razor account, which utilizes a combination of tight spreads and additional commission. For instance, EUR/USD spreads average 0.10 pips, but when adding the commission equivalent, the all-in cost is around 0.80 pips, near the industry norm. Its Standard account, free of commissions, has a higher average spread of 1.1 pips for EUR/USD, making it less cost-effective than the Razor account.
Pepperstone also provides an Active Trader program, offering rebates on spreads depending on trading volume, available to professional clients in both the UK and EU, and Australia. Potential rebates for professional UK and EU clients vary from 15% to 25%, contingent on monthly forex volume, while Australian clients can qualify for spread reductions of up to 30% for high-volume trading. In contrast, Octa has made significant strides in reducing costs, earning a 4-star rating and a #28 ranking by ForexBrokers.com. It has largely eliminated slippage in most executed orders and incurs no overnight carry costs, although specific restrictions may impede high-frequency traders.
Octa's pricing varies by account type and regulatory domicile, with European clients facing slightly lower spreads than those trading under its international entities. For instance, the EUR/USD average spread is 0.5 pips for EU clients, while it stands at 0.9 pips for other international accounts. Octa offers accounts compatible with multiple trading platforms like MT4, MT5, and OctaTrader. While Octa's spread pricing has become competitive with low-cost MetaTrader counterparts, the lack of date references for their listed spreads makes direct comparisons challenging.
Feature |
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Minimum Deposit | $0 | $25 |
Average Spread EUR/USD - Standard | 1.00 | 0.9 |
All-in Cost EUR/USD - Active | 0.70 | N/A |
Active Trader or VIP Discounts | Yes | No |
ACH or SEPA Transfers | Yes | No |
PayPal (Deposit/Withdraw) | Yes | 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.
Pepperstone and Octa are both prominent players in the online trading arena, offering a wide array of investment options for traders. When it comes to forex trading, both platforms provide access via CFDs or spot contracts. Pepperstone boasts a significantly larger selection with 1,726 tradeable symbols, including 65 forex pairs, whereas Octa offers access to 257 tradeable symbols, featuring 35 forex pairs. However, neither platform supports the purchase of U.S. exchange-traded securities such as Apple shares.
While Pepperstone does not offer exchange-traded securities on international exchanges, Octa does provide this option, potentially appealing to those interested in global markets. Both platforms support copy trading and allow trading in cryptocurrency derivatives, though not actual delivered cryptocurrencies. On ForexBrokers.com, Pepperstone rates higher in the Range of Investments category, securing 4 out of 5 stars and ranking #26, compared to Octa's 3.5 stars and #52 ranking. This comparison highlights Pepperstone's broader range of investment options, catering to a diverse trading audience.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 1726 | 257 |
Forex Pairs (Total) | 65 | 35 |
U.S. Stock Trading (Non CFD) | No | No |
Int'l Stock Trading (Non CFD) | No | Yes |
Social Trading / Copy Trading | Yes | Yes |
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). | 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.
Pepperstone and Octa are both leading names in the online brokerage world, offering a comprehensive suite of trading platforms and tools tailored to traders of all levels. Both brokers provide the opportunity for simulated trading through free virtual demo accounts, which is a great way for beginners to gain confidence and for seasoned traders to test strategies without risk. Each broker has developed its proprietary platform and provides accessibility through Windows-based desktop downloads and web-based platforms. When it comes to copy trading, both brokers offer this feature, allowing users to follow and mimic the trades of experienced investors. Additionally, they both support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, but only Pepperstone includes DupliTrade as an option.
In terms of charting tools, Pepperstone has the edge with 30 drawing tools available, outshining Octa's 15, yet both provide a similar experience regarding technical indicators. Trading directly from a stock chart is possible with both brokers, enhancing user convenience. Additionally, their watch lists are comparable, offering seven customizable columns. Though both are rated four stars for their trading platforms and tools, Pepperstone holds a higher position in the ForexBrokers.com rankings, coming in at #22 compared to Octa's #37 out of 62 brokers. This ranking reflects Pepperstone's slightly superior offerings in platform diversity and additional features like DupliTrade. Overall, both brokers deliver solid trading experiences, and the choice between them may come down to individual preferences in platform specifics and additional functionalities.
Feature |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | Yes | Yes |
Desktop Platform (Windows) | Yes | Yes |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | Yes | Yes |
MetaTrader 4 (MT4) | Yes | Yes |
MetaTrader 5 (MT5) | Yes | Yes |
DupliTrade | Yes | No |
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 15 | 30 |
Charting - Drawing Tools (Total) | 30 | 15 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Pepperstone and Octa offer quite similar features, making it easy to trade on the go with either platform. Both brokers provide apps for iPhone and Android users, offering essential tools such as stock and forex price alerts, the capability to draw trendlines, multiple time frame views, and auto-saving of chart drawings. Additionally, each app supports up to 30 technical studies and allows the creation of watchlists with real-time quotes. However, Pepperstone stands out in one crucial aspect: it enables watchlist symbol syncing, allowing seamless transitions and updates between mobile apps and online accounts, a feature Octa currently doesn't support.
Both Pepperstone and Octa receive a commendable rating of 4 out of 5 stars for their mobile trading apps, reflecting user satisfaction with the functionality provided. However, in terms of overall rankings by ForexBrokers.com, Pepperstone holds a slight edge at #21 among 62 brokers, compared to Octa’s #36 ranking. This suggests a marginal preference for Pepperstone's mobile trading experience in the broader market. Whether you choose Pepperstone or Octa, both brokers offer a suite of tools to support your trading needs effectively on mobile platforms.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | No |
Mobile Charting - Indicators / Studies | 30 | 30 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | Yes | Yes |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Pepperstone and Octa both provide essential features for traders interested in staying up-to-date with the markets. Both platforms offer daily market commentary and access to forex news from respected sources such as Bloomberg and Reuters. They also support useful research tools from Autochartist, which help traders enhance their technical and fundamental analysis capabilities. However, neither platform currently offers tools from Trading Central or Acuity Trading, nor do they feature market research from TipRanks. Despite these similarities, Pepperstone distinguishes itself by providing a sentiment-based trading tool, offering traders insight into the ratio of long or short positions across various instruments—a feature Octa lacks. Both brokers do, however, supply a comprehensive economic calendar to track global news events.
When comparing their research offerings, Pepperstone has a slight edge over Octa. It receives a research rating of 4.5 stars compared to Octa's 4 stars, as reviewed by ForexBrokers.com. This higher rating is reflected in their rankings out of 62 brokers; Pepperstone holds the 12th spot while Octa ranks at 26th in the Research category. This distinction highlights Pepperstone's broader toolset and higher user satisfaction, making it a preferable choice for traders who prioritize research resources. However, both platforms offer valuable tools and insights, appealing to traders with various needs and strategies.
Feature |
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Daily Market Commentary | Yes | Yes |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | Yes | Yes |
Trading Central (Recognia) | No | No |
Social Sentiment - Currency Pairs | Yes | No |
TipRanks | No | No |
Signal Centre (Acuity Trading) | No | No |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you're just starting out in trading and looking to compare educational resources between Pepperstone and Octa, both brokers offer comprehensive materials suited to beginners. They provide over ten pieces of educational content, including articles, videos, and archived webinars focused on forex and CFDs. To help you stay up-to-date and engaged, each broker hosts live educational webinars every month and maintains a searchable archive of their past sessions. This ensures that you have endless opportunities to learn at your own pace and revisit topics as needed.
In terms of video content, both Pepperstone and Octa offer more than ten beginner-specific videos covering trading concepts, as well as a similar number of advanced videos for more experienced traders. Besides videos, investors can access a dictionary featuring definitions for over 50 trading terms, helping you understand the jargon. While both brokers stand out in providing quality educational material, Pepperstone ranks slightly higher with a 4.5-star education rating and holds the 18th spot according to ForexBrokers.com, compared to Octa's 4-star rating and 41st position. Whatever your preference, both platforms offer a wealth of resources for those eager to learn the ropes of trading.
Feature |
|
|
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Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | Yes |
Client Webinars (Archived) | Yes | Yes |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | Yes |
Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Pepperstone is better than Octa. Pepperstone finished with an overall rank of #16, while Octa finished with an overall rank of #47.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
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Overall Rating |
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Trust Score | 95 | 72 |
Range of Investments |
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Commissions & Fees |
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Platform & Tools |
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Research |
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Mobile Trading |
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Education |
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Both Pepperstone and Octa do not offer the ability to buy actual delivered cryptocurrencies, but they do provide options for trading cryptocurrency derivatives.
Pepperstone stands out in terms of fund transfer options, offering a wider range than Octa, with support for ACH, SEPA, and PayPal on top of the Skrill, Visa, Mastercard, and bank wire services that both brokers provide.
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 5Overall Rating | Pepperstone | Octa | |
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Research |
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Education |
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Trust Score | 95 | 72 | |
Winner | check_circle | ||
Review | Pepperstone Review | Octa Review |
Broker Screenshots | Pepperstone | Octa | |
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Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | Pepperstone | Octa | |
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Trust Score | 95 | 72 | |
Year Founded | 2010 | 2011 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
Tier-1 Licenses | 3 | 1 | |
Tier-2 Licenses | 2 | 1 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 2 | 1 |
Tier-1 Licenses (Highly Trusted) | Pepperstone | Octa | |
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Australia (ASIC Authorised) | Yes | 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) | No | No | |
United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | Pepperstone | Octa | |
---|---|---|---|
Kenya (CMA Authorised) | Yes | No | |
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | Yes | |
UAE (DFSA/Central Bank Authorised) | Yes | No | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No | No |
Investments | Pepperstone | Octa | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 1726 | 257 | |
Forex Pairs (Total) | 65 | 35 | |
U.S. Stock Trading (Non CFD) | No | No | |
Int'l Stock Trading (Non CFD) | No | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
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). | 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 | Pepperstone | Octa | |
---|---|---|---|
Average Spread EUR/USD - Standard | 1.00 | 0.9 | |
All-in Cost EUR/USD - Active | 0.70 | N/A | |
Active Trader or VIP Discounts | Yes | No | |
Inactivity Fee | No | No | |
Execution: Agency Broker | Yes | Yes | |
Execution: Market Maker | Yes | Yes |
Funding | Pepperstone | Octa | |
---|---|---|---|
Minimum Deposit | $0 | $25 | |
PayPal (Deposit/Withdraw) | Yes | No | |
Skrill (Deposit/Withdraw) | Yes | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | No |
Trading Platforms | Pepperstone | Octa | |
---|---|---|---|
Proprietary Platform | Yes | Yes | |
Desktop Platform (Windows) | Yes | Yes | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
MetaTrader 4 (MT4) | Yes | Yes | |
MetaTrader 5 (MT5) | Yes | Yes | |
cTrader | Yes | No | |
DupliTrade | Yes | No | |
ZuluTrade | No | No |
Trading Tools | Pepperstone | Octa | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 7 | 7 | |
Charting - Indicators / Studies (Total) | 15 | 30 | |
Charting - Drawing Tools (Total) | 30 | 15 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | Pepperstone | Octa | |
---|---|---|---|
Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | Yes | No | |
Mobile Charting - Indicators / Studies | 30 | 30 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | Yes | Yes | |
Mobile Economic Calendar | Yes | Yes |
Research | Pepperstone | Octa | |
---|---|---|---|
Daily Market Commentary | Yes | Yes | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | Yes | Yes | |
Trading Central (Recognia) | No | No | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | Yes | No | |
Economic Calendar | Yes | Yes |
Education | Pepperstone | Octa | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | Yes | |
Client Webinars (Archived) | Yes | Yes | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | Yes | |
Investor Dictionary (Glossary) | Yes | Yes |
Major Forex Pairs | Pepperstone | Octa | |
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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 | Pepperstone Review | Octa Review |
Overall | Pepperstone | Octa | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platform & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 95 | 72 | |
Winner | check_circle | ||
Review | Pepperstone Review | Octa Review |