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 | 0.9 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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.
Comparing Octa vs Xtrade for range of investments, Xtrade lists more tradable instruments overall (482 vs 300) and more forex pairs (56 vs 35). Both brokers support forex trading as a CFD or spot contract, and neither offers U.S.-listed exchange-traded stocks.
Octa stands out by letting clients trade international exchange-traded shares (non-CFD), something Xtrade does not provide. Octa also offers copy trading, while Xtrade does not. For crypto, both brokers provide access via derivatives only—not actual coins. Despite their differences, both earn 3.5/5 stars for Range of Investments; in category rankings, Xtrade places #50 out of 63 brokers, while Octa is #53.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 482 |
| Forex Pairs (Total) | 35 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
Octa vs Xtrade: Both brokers offer free demo (paper) accounts and proprietary platforms. Octa adds more ways to trade with support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), a Windows desktop download, and a web platform. Xtrade offers a web-based platform and its in-house software but no Windows desktop app, and it doesn’t support MT4 or MT5. Copy trading is available at Octa but not at Xtrade. Neither broker integrates DupliTrade or ZuluTrade. Both let you place trades directly from charts.
For charting, the number of built-in indicators isn’t specified for either broker. Octa lists 15 drawing tools, while Xtrade lists 100. Watch lists can show up to 7 columns at Octa and 9 at Xtrade. According to ForexBrokers.com, Octa earns 4 stars for Trading Platforms and Tools and ranks 38 out of 63 brokers; Xtrade earns 3.5 stars and ranks 59 out of 63. In short, Octa wins on platform choice and copy trading, while Xtrade offers more drawing tools and watchlist fields.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Octa and Xtrade both offer mobile trading on iPhone and Android, and each earns 4 stars for their apps. In ForexBrokers.com’s rankings, however, Octa places higher at #37 out of 63 brokers, while Xtrade comes in at #54. If you’re comparing the Octa mobile trading app vs. the Xtrade mobile app for everyday use, both cover the basics of placing trades on iOS and Android.
Feature-wise, Octa pulls ahead for charting and convenience. Octa supports price alerts, 30 technical studies, drawing tools like trendlines, multiple chart time frames, auto-saving of chart drawings, and the ability to build a watchlist with real-time quotes. Xtrade does not offer price alerts, trendline drawing, multiple time frames, auto-saving of drawings, or real-time watchlists, and it does not list the number of technical studies available. Note that neither app syncs watchlist symbols between the mobile app and the web account. If you rely on in-app charting, alerts, and real-time watchlists, Octa is the more feature-rich choice; if you only need basic trading access on iPhone or Android, both apps will work.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners at Octa and Xtrade, both brokers provide a solid selection of resources, with each offering more than 10 pieces of educational content like articles and videos on forex and CFDs. Octa takes it a step further by hosting live webinars monthly to engage and educate its clients, a feature Xtrade does not offer. Furthermore, Octa maintains a searchable archive of recorded webinars, allowing beginners to catch up on previous educational content at their leisure, whereas Xtrade lacks this feature. This accessibility makes learning more convenient for newcomers who want flexibility in how they build their trading knowledge.
For those just starting out, Octa provides a comprehensive collection of over 10 educational videos tailored specifically for beginners, a feature that Xtrade does not match. Octa also supports more seasoned traders with an additional set of advanced educational videos, positioning itself as a platform that can grow with its users’ skill levels. Both brokers offer investor dictionaries with over 50 terms, adding clarity for those unfamiliar with trading jargon. Overall, Octa achieves a higher educational rating of 4 stars compared to Xtrade's 3.5 stars and ranks slightly higher at #42 versus Xtrade's #46 according to ForexBrokers.com, making it a more rounded choice for those eager to dive into trading with ample learning tools at their disposal.
| Feature |
Octa
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 72 | 74 |
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Both Octa and Xtrade provide the option to trade cryptocurrency derivatives, but neither platform allows for the purchase of actual delivered cryptocurrencies.
Both Octa and Xtrade provide options for depositing or withdrawing account funds via Skrill, Visa or Mastercard, and bank wires, whereas neither offers ACH, SEPA transfers, nor PayPal as payment methods.
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/Central Bank 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. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Octa | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Octa | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $25 | $250 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Octa | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Octa | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| 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 Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Octa | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Octa | Xtrade | |
|---|---|---|---|
| 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 | 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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