Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
Spreadex and Octa are both reputable online brokers, with their foundations dating back to 1999 and 2011, respectively. Neither of these firms is publicly traded nor do they operate as banks. In terms of regulation, both brokers hold one Tier-1 license, reflecting a high degree of trust. Additionally, Octa holds one Tier-2 license, often regarded as trustworthy, whereas Spreadex does not have any Tier-2 licenses.
When it comes to trust ratings, as evaluated by ForexBrokers.com, Spreadex has a Trust Score of 71, placing it in the average risk category. Meanwhile, Octa has a slightly higher Trust Score of 72, also indicating an average risk level. These scores suggest they can be considered moderately reliable partners for online trading.
| Feature |
Spreadex
|
Octa
|
|---|---|---|
| Year Founded | 1999 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Spreadex and Octa both earn 4 stars for commissions and fees. In our rankings, Spreadex sits at #25 out of 63 brokers, while Octa is close behind at #26. Both aim for low trading costs, but their pricing transparency differs: Spreadex publishes dated spread data, whereas Octa’s typical spreads lack a date range, making like‑for‑like comparisons less certain.
For Spreadex, the average spread on EUR/USD was 0.81 pips in January 2024, with a 0.6‑pip minimum achieved 60% of the time that month. This clear, time‑stamped data helps traders gauge expected costs during normal market conditions.
Octa’s fees depend on your account type and which entity regulates your account. EU clients get a single MT5 account, while international clients can choose MT4, MT5, or OctaTrader. Listed average spreads for EUR/USD are 0.5 pips under the EU entity and 0.9 pips under foreign entities, but Octa does not provide a date range for these figures. Octa also reports no slippage on 97.5% of orders and no overnight carry costs, though rules can limit high‑frequency strategies. Bottom line: Octa can look cheaper on EUR/USD in the EU based on its posted averages, but Spreadex provides dated spread data that’s easier to verify—hence their matching 4‑star ratings (Spreadex #25/63; Octa #26/63).
| Feature |
Spreadex
|
Octa
|
|---|---|---|
| Minimum Deposit | $0 | $25 |
| Average spread (EUR/USD) - Standard account | 0.81 | 0.9 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Spreadex vs Octa: for range of investments, Spreadex lists about 10,000 tradable symbols and 52 forex pairs, while Octa offers roughly 300 symbols and 35 forex pairs. Both support forex trading via CFDs/spot. Reflecting this difference in breadth, ForexBrokers.com rates Spreadex 5 stars and ranks it #13 out of 63 brokers for Range of Investments; Octa is rated 3.5 stars and ranked #33.
Asset access differs in key ways. Neither broker lets you buy U.S.-listed shares outright, and neither sells real cryptocurrency, but both provide cryptocurrency CFDs. Octa allows exchange-traded international shares (not CFDs) and supports copy trading, while Spreadex does not offer either feature. In short, Spreadex suits traders seeking the widest selection of markets, whereas Octa adds international share dealing and copy trading within a smaller lineup.
| Feature |
Spreadex
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 300 |
| Forex Pairs (Total) | 52 | 35 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | No | 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.
Comparing Spreadex and Octa for trading platforms and tools, both brokers offer free demo accounts and in-house platforms you can use in a web browser. Octa adds more platform choice, with a Windows desktop download plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and it supports copy trading. Spreadex does not offer a Windows desktop platform, MT4/MT5, or copy trading. Both let you place trades directly from charts.
For ratings, each broker earns 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s rankings out of 63 brokers, Octa sits at #30 while Spreadex is at #34. Choose Octa if you want MT4/MT5, a Windows desktop platform, or copy trading. Choose Spreadex if you prefer a streamlined, proprietary web platform. Either way, you can practice risk-free with a demo account and trade from charts.
| Feature |
Spreadex
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 58 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Spreadex vs Octa mobile trading apps: both offer iPhone and Android versions and support price alerts for forex and stocks. Neither broker supports watchlist symbol syncing between the app and the online account. For charting, Octa lists 30 technical studies, while Spreadex doesn’t provide a count. Both apps let you draw trendlines; however, Octa auto-saves drawings, while Spreadex does not—useful if you switch devices or revisit charts later.
In third-party reviews, both apps earn 4 stars for Mobile Trading Apps. Among 63 brokers rated by ForexBrokers.com, Octa is ranked #29 and Spreadex is ranked #33, giving Octa a slight edge. Choose Octa if you want more built-in indicators and saved annotations. If you mainly need iPhone/Android access with alerts and basic charting, Spreadex remains a solid option.
| Feature |
Spreadex
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Spreadex and Octa both offer solid research basics: daily market commentary, forex news from leading sources like Bloomberg/Reuters/Dow Jones, Autochartist-powered tools, and an economic calendar. Neither platform includes Trading Central, TipRanks, or Acuity Trading integrations, so the lineup leans on in-house content and Autochartist for chart patterns and trade ideas.
The key difference is sentiment data: Spreadex provides a tool showing the ratio of long vs. short positions, while Octa does not. According to ForexBrokers.com, both earn 4 stars for Research, with Octa ranked #24 and Spreadex #27 out of 63 brokers. If you want built-in sentiment to gauge market positioning, Spreadex has an edge; if you favor a slightly higher category ranking, Octa is a touch ahead.
| Feature |
Spreadex
|
Octa
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Spreadex and Octa both offer forex and CFD education that meets the baseline of at least 10 dedicated pieces, and each provides 10+ beginner-friendly videos that explain the basics in plain language. For ongoing learning, Octa runs monthly educational webinars, while Spreadex does not. Octa also adds 10+ advanced videos for experienced traders, whereas Spreadex’s video catalog does not extend as far into advanced topics.
Both brokers earn 4 out of 5 stars for Education. In ForexBrokers.com’s rankings, Octa sits at #32 out of 63 brokers, with Spreadex close behind at #33. For beginners who want live webinars and room to grow into advanced material, Octa has a slight edge. If you prefer straightforward video lessons without live sessions, Spreadex can still be a solid place to start.
| Feature |
Spreadex
|
Octa
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Spreadex is better than Octa. Spreadex finished with an overall rank of #32, while Octa finished with an overall rank of #34.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
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Octa
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| Trust Score | 71 | 72 |
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Spreadex vs Octa: Both online brokers do not support buying actual (delivered) cryptocurrency, but each offers cryptocurrency CFD trading for speculating on crypto prices.
Online brokers Spreadex and Octa both allow bank wire deposits and withdrawals; neither supports ACH/SEPA or PayPal; only Octa offers Skrill (Spreadex does not); 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 | Spreadex | Octa | |
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| Trust Score | 71 | 72 | |
| Winner | check_circle | ||
| Review | Spreadex Review | Octa Review |
| Broker Screenshots | Spreadex | Octa | |
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| Regulation | Spreadex | Octa | |
|---|---|---|---|
| Trust Score | 71 | 72 | |
| Year Founded | 1999 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Spreadex | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Spreadex | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 300 | |
| Forex Pairs (Total) | 52 | 35 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | No | 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 | Spreadex | Octa | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.81 | 0.9 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Spreadex | Octa | |
|---|---|---|---|
| Minimum Deposit | $0 | $25 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Spreadex | Octa | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Spreadex | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 58 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | N/A | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Spreadex | Octa | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | Octa | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Spreadex | Octa | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Spreadex Review | Octa Review |
| Overall | Spreadex | Octa | |
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| Trust Score | 71 | 72 | |
| Winner | check_circle | ||
| Review | Spreadex Review | Octa Review |
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