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ThinkMarkets vs Octa 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of ThinkMarkets vs Octa, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

ThinkMarkets
4/5 Stars Overall
  • Minimum Deposit: $50 info
  • Trust Score: 92
  • Tradeable Symbols (Total): 4000
Octa
4/5 Stars Overall
  • Minimum Deposit: $25
  • Trust Score: 72
  • Tradeable Symbols (Total): 300

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.

Regulation

ThinkMarkets and Octa are both reputable online brokers, each having unique strengths and regulatory backgrounds. ThinkMarkets, founded in 2010, boasts a high Trust Score of 92 according to ForexBrokers.com, categorizing it as highly trusted. This can be attributed to its five Tier-1 licenses, the most prestigious regulatory status, and two Tier-2 licenses. ThinkMarkets is not publicly traded nor a bank, but its strong regulatory compliance provides a sense of security for users.

Octa, established in 2011, holds a Trust Score of 72, placing it in the average risk category. It has one Tier-1 license and one Tier-2 license, indicating it meets trusted regulatory standards, but at a lesser degree than ThinkMarkets. Similar to its counterpart, Octa is neither publicly traded nor a bank. While Octa presents itself as a viable trading platform, potential users might consider the differences in regulatory backing as an important factor in their decision-making process.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Year Founded info 2010 2011
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 5 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1

Fees

When comparing ThinkMarkets and Octa on commissions and fees, both online brokers share a similar rating of 4 out of 5 stars. However, they differ significantly in their rankings and approach to pricing. ThinkMarkets ranks #47 out of 63 brokers in the Commissions and Fees category according to ForexBrokers.com, but specific details on average spreads aren't available for ThinkMarkets, making detailed cost comparisons challenging.

In contrast, Octa has made notable strides in improving its fee structure, and it's now increasingly competitive among low-cost MetaTrader brokers. Octa ranks higher at #29 out of 63 brokers, thanks to enhancements in pricing and a few notable features. For instance, Octa offers no slippage on 97.5% of executed orders and imposes no overnight carry costs, although there are restrictions that may affect high-frequency traders. The choice of Octa entity, influenced by geographical location, can impact the applicable fees and spreads, with its EU entity showing slightly favorable conditions for the EUR/USD pair.

Overall, while both brokers provide reliable service with competitive pricing, Octa appears to offer more detailed pricing improvements and a higher ranking in the fees category. However, customers should carefully consider their trading preferences and the specific account types offered to ensure aligning with their cost expectations.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Minimum Deposit info $50 info $25
Average Spread EUR/USD - Standard info 1.1 info 0.9 info
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing online brokers, ThinkMarkets and Octa shine in different ways, especially when it comes to the variety of investments they offer. ThinkMarkets stands out with a broader selection, offering access to 4,000 tradeable symbols, which includes 46 forex pairs. In contrast, Octa provides 300 tradeable symbols, encompassing 35 forex pairs. Both brokers allow clients to trade forex through CFDs or spot contracts. Although neither offers exchange-traded securities on U.S. exchanges, investors can access international markets through both platforms. Additionally, ThinkMarkets and Octa both facilitate trading in cryptocurrency derivatives rather than actual cryptocurrencies, and they offer the option for copy trading.

In terms of ratings and rankings, ThinkMarkets holds an edge with a rating of 4.5 stars compared to Octa's 3.5 stars for their range of investments. According to ForexBrokers.com, ThinkMarkets is positioned at #22 out of 63 brokers, demonstrating its diverse offerings. In comparison, Octa ranks #52, making it a bit more limited in investment options, yet still a viable choice for those focusing on specific areas. Whether you prefer ThinkMarkets for its extensive array of options or Octa for its more concentrated selection, both platforms provide reliable services tailored to different trading needs.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 4000 300
Forex Pairs (Total) info 46 35
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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.

Trading platforms and tools

ThinkMarkets and Octa both offer comprehensive trading environments, providing traders with access to virtual demo accounts to practice risk-free. Each broker hosts its own proprietary platform and supports popular systems like MetaTrader 4 and 5, available on both Windows-based desktop and web browser setups. Traders at either platform can take advantage of copy trading features, allowing them to mimic successful trading strategies. However, neither broker includes integrations with DupliTrade or ZuluTrade, potentially limiting third-party social trading options.

When it comes to charting capabilities, ThinkMarkets and Octa equip traders with 15 drawing tools each, and both allow trading directly from charts. However, ThinkMarkets takes a slight edge with 15 watch list columns compared to Octa's 7, offering more detailed monitoring options. Despite these differences, both ThinkMarkets and Octa receive a solid four-star rating for their trading platforms and tools. Yet, ThinkMarkets ranks slightly higher at #28 compared to Octa's #37 in the Trading Platforms and Tools category by ForexBrokers.com.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 15 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both ThinkMarkets and Octa provide comprehensive mobile trading apps available for iPhone and Android users, ensuring seamless access to trading on the go. Traders using either platform can set stock or forex price alerts, create watchlists with real-time quotes, and draw trendlines on their charts. Additionally, both apps support multiple time frame views and auto-save chart drawings, allowing users to maintain a detailed analysis of their trades with ease. However, neither platform offers the ability to sync watchlist symbols between their mobile apps and desktop accounts, which might be a consideration for certain traders.

When it comes to technical charting features, ThinkMarkets excels with 94 technical studies compared to Octa's 30, providing users with a wider array of tools for market analysis. Both apps receive a solid 4-star rating for mobile trading. However, ThinkMarkets holds a higher position, ranking 20th out of 63 brokers on ForexBrokers.com for its mobile trading capabilities, while Octa comes in at 36th. These rankings suggest that while both apps are competent choices for mobile trading, ThinkMarkets offers a more feature-rich experience that could favor more technically inclined traders.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 94 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing the market research offerings of ThinkMarkets and Octa, both platforms provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, Octa edges ahead by offering technical analysis tools from Autochartist, a detail that ThinkMarkets lacks. Neither broker provides tools from Trading Central or market research from TipRanks. Yet, ThinkMarkets compensates by offering a sentiment-based trading tool that gives insights into the ratio of long or short positions, a feature Octa does not have.

While both ThinkMarkets and Octa include economic calendars to keep traders informed of global events, ThinkMarkets also delivers research tools from Acuity Trading, unlike its competitor. In terms of research quality, Octa is rated higher with four stars compared to ThinkMarkets' 3.5 stars. Reflecting on their industry standing, Octa is ranked 27th among 63 brokers for research by ForexBrokers.com, whereas ThinkMarkets finds itself positioned at 50th.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources available to beginners at ThinkMarkets and Octa, both online brokers show a commitment to educating their clients with a diverse array of materials. ThinkMarkets provides a minimum of 10 educational pieces focused on forex and CFDs, including articles, videos, and archived webinars, making it a fitting choice for newcomers seeking foundational knowledge. Moreover, it hosts timely monthly webinars and offers a searchable archive of past webinars for convenient learning. ThinkMarkets also ensures that beginners have access to at least 10 starter videos on trading. They further bolster learning with 10 advanced videos for those looking to deepen their trading expertise. An investor dictionary with over 50 terms rounds out the offerings, covering the basics to more advanced concepts alike. Despite this extensive catalog, ThinkMarkets earns a 3.5-star rating in the education category, ranking #52 out of 63 brokers on ForexBrokers.com.

Meanwhile, Octa matches advanced educational offerings by ensuring more than 10 beginner-friendly trading videos and an equivalent number of advanced trading videos to help traders expand their skillset. Similar to ThinkMarkets, Octa hosts monthly webinars and provides a searchable archive of past sessions for continuous learning at one's own pace. The educational content, which includes at least 10 pieces on forex and CFDs, enriches the learning journey for beginners and experienced traders alike, reinforced by an investor dictionary defining over 50 key trading terms. Octa's commitment to comprehensive education is reflected in its higher rating of 4 stars and a more favorable ranking of #42 out of 63 brokers according to ForexBrokers.com, indicating a stronger overall reception for its educational efforts.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that ThinkMarkets is better than Octa. ThinkMarkets finished with an overall rank of #27, while Octa finished with an overall rank of #47.

ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 92 72
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with ThinkMarkets or Octa?

Both ThinkMarkets and Octa do not offer the option to purchase actual delivered cryptocurrency, but each provides the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

Both ThinkMarkets and Octa do not support ACH or SEPA transfers or PayPal for deposits and withdrawals, but they do offer Skrill, Visa or Mastercard, and bank wire options for these transactions.




announcementPlease 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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Compare

0 of 5
Overall Rating ThinkMarkets Octa
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 92 72
Winner check_circle
Review Octa Review
Broker Screenshots ThinkMarkets Octa
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation ThinkMarkets Octa
Trust Score info 92 72
Year Founded info 2010 2011
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 5 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1
Tier-1 Licenses (Highly Trusted) ThinkMarkets Octa
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) ThinkMarkets Octa
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments ThinkMarkets Octa
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 4000 300
Forex Pairs (Total) info 46 35
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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 ThinkMarkets Octa
Average Spread EUR/USD - Standard info 1.1 info 0.9 info
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info Yes No
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding ThinkMarkets Octa
Minimum Deposit info $50 info $25
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms ThinkMarkets Octa
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools ThinkMarkets Octa
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 15 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading ThinkMarkets Octa
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 94 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research ThinkMarkets Octa
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education ThinkMarkets Octa
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs ThinkMarkets Octa
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Octa Review
Overall ThinkMarkets Octa
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 92 72
Winner check_circle
Review Octa Review
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