Written by ForexBrokers.com
In this head to head comparison of Octa vs Xtrade, 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.
Octa and Xtrade are online brokers that were founded in 2011 and 2003, respectively. Both companies are privately owned and are not listed on any stock exchange. Additionally, neither broker functions as a bank. When it comes to regulatory compliance, both Octa and Xtrade hold one Tier-1 license each, deeming them highly trusted according to ForexBrokers.com. They both also have one Tier-2 license, which signifies that they are trusted by the same standards.
In terms of trust scores, Octa and Xtrade are relatively similar. Octa holds a Trust Score of 72 out of 99 on ForexBrokers.com, placing it in the average risk category. Xtrade, on the other hand, has a slightly higher score of 74, also falling under the average risk bracket. This indicates that both brokers maintain a level of compliance and reliability that is generally well-regarded, though there’s room for improvement compared to higher-rated competitors.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Year Founded | 2011 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, Octa stands out over Xtrade. Octa earns 4 out of 5 stars and ranks #30 out of 63 brokers for pricing, while Xtrade receives 2.5 out of 5 stars and ranks #64 out of 63. If transparent, low-cost trading is a priority, these scores suggest Octa is the stronger pick.
Octa has improved its pricing and is gaining on the lowest-cost MetaTrader brokers. It reports no slippage on 97.5% of executed orders and no overnight carry costs, though certain restrictions can hinder high-frequency traders. Fees vary by account type and the entity that regulates your account: EU clients use the EU entity with a single MT5 account, while international clients can access MT4, MT5, and OctaTrader through South Africa or Mwali. Spreads also vary by entity—EU shows an average 0.5 pips on EUR/USD versus 0.9 pips offshore—but Octa does not provide a date range for these typical spreads, making precise comparisons harder.
By contrast, Xtrade does not publish average spread data, limiting visibility into its day-to-day trading costs. That lack of pricing detail likely contributes to its lower 2.5-star rating and #64 ranking for commissions and fees.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $25 | $250 |
| 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 | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Octa and Xtrade both support forex trading, offered as CFDs or spot contracts, and each earns 3.5 out of 5 stars for Range of Investments. Xtrade ranks slightly higher (#50 of 63) than Octa (#53). In terms of market choice, Xtrade provides a wider catalog with 482 tradeable symbols and 56 forex pairs, compared with Octa’s 300 symbols and 35 pairs.
Neither broker lets you buy U.S.-listed shares outright (non-CFD), and neither offers delivered cryptocurrency; both do offer crypto CFDs. Octa stands out by giving access to certain exchange-traded shares on international exchanges and by offering copy trading, while Xtrade does not provide those options. Choose Xtrade if you want more instruments and currency pairs; choose Octa if international share dealing (non-CFD) and copy trading matter to you.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 482 |
| Forex Pairs (Total) | 35 | 56 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| 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 Xtrade both provide free demo accounts for paper trading and each offers a proprietary platform you can use in your browser. Octa also adds a Windows desktop platform, while Xtrade does not. Both brokers let you place trades directly from charts. In independent ratings for Trading Platforms and Tools, Octa scores 4 stars and ranks #38 out of 63 brokers, compared with Xtrade’s 3.5 stars and #59 ranking.
If you want platform choice, Octa supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and includes copy trading, features Xtrade does not offer. Xtrade focuses on its in-house web platform and skips MT4/MT5 and copy trading. Counts for technical indicators and watchlist columns were not disclosed for either broker. Overall, Octa suits traders who value a wider range of platforms and social trading, while Xtrade may appeal if you prefer a straightforward, browser-based experience.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Octa and Xtrade both provide iPhone and Android apps for trading. They each earn 4 out of 5 stars for mobile trading. However, in ForexBrokers.com’s Mobile Trading Apps ranking, Octa is 37th out of 63 brokers, while Xtrade sits at 54th. Neither app syncs watchlists with the web platform, so changes you make on mobile won’t carry over.
For features, Octa pulls ahead. The Octa app supports price alerts, offers 30 technical studies for charts, lets you draw trendlines, and auto-saves your chart drawings. Xtrade’s app does not provide price alerts, does not support trendline drawing, and does not auto-save drawings; its number of technical studies is not listed. If you want charting tools and alerts, Octa’s mobile app is the stronger pick, while Xtrade covers the basics for on-the-go trading.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Octa vs Xtrade for market research: both brokers deliver daily market commentary, forex news from top-tier outlets like Bloomberg, Reuters, or Dow Jones, and an easy-to-follow economic calendar. The key difference is tools—Octa includes Autochartist for technical patterns and trade ideas, while Xtrade does not. Neither broker offers Trading Central, a sentiment tool, TipRanks, or Acuity Trading.
For overall research quality, Octa earns 4 stars and ranks #27 out of 63 brokers at ForexBrokers.com; Xtrade scores 3.5 stars and ranks #53. Choose Octa if you want built-in Autochartist scanning alongside news and commentary; pick Xtrade if you mainly need headline coverage and a calendar without extra analysis tools.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | No | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Octa vs Xtrade for beginner-friendly forex and CFD education, Octa comes out ahead. Octa hosts ongoing client webinars (at least one per month) and offers a large catalog of videos tailored to newcomers, plus advanced lessons for when you’re ready to level up. It holds a 4-star Education rating and ranks #42 out of 63 brokers on ForexBrokers.com, signaling a stronger learning pathway for new traders.
Xtrade’s education is leaner by contrast: it does not run monthly client webinars and does not offer at least 10 beginner-focused videos, nor at least 10 advanced videos. It earns a 3.5-star Education rating and ranks #46 out of 63. If you want a structured start with regular webinars and a deeper video library, Octa is the more beginner-friendly pick; Xtrade may suit those who prefer a lighter set of basics.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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 Xtrade. Octa finished with an overall rank of #47, while Xtrade finished with an overall rank of #60.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
Octa
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Xtrade
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| Trust Score | 72 | 74 |
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Online brokers Octa and Xtrade do not offer buying actual (delivered) cryptocurrencies, but both provide access to cryptocurrency CFDs for trading.
Neither Octa nor Xtrade support ACH or SEPA transfers; Octa does not offer PayPal but does support Skrill and bank wire deposits/withdrawals, while Xtrade’s availability of PayPal, Skrill, Visa/Mastercard, and bank wires—and Octa’s Visa/Mastercard option—are 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 | Xtrade | |
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| Trust Score | 72 | 74 | |
| Winner | check_circle | ||
| Review | Octa Review | Xtrade Review |
| Broker Screenshots | Octa | Xtrade | |
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| Regulation | Octa | Xtrade | |
|---|---|---|---|
| Trust Score | 72 | 74 | |
| Year Founded | 2011 | 2003 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Octa | Xtrade | |
|---|---|---|---|
| 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 | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Octa | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 482 | |
| Forex Pairs (Total) | 35 | 56 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| 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 | Xtrade | |
|---|---|---|---|
| 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 | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $25 | $250 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Octa | Xtrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Octa | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Octa | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Octa | Xtrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | Xtrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Octa | Xtrade | |
|---|---|---|---|
| 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 | Xtrade Review |
| Overall | Octa | Xtrade | |
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| Trust Score | 72 | 74 | |
| Winner | check_circle | ||
| Review | Octa Review | Xtrade Review |
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