Octa

Octa
Globally active broker (formerly OctaFX) offering commission-free trading on MT4, MT5, and its proprietary OctaTrader platform, with a low entry deposit and a strong presence in Asia, Africa, and the Middle East.
At a glance
Website status
See all brokers on FinPip RadarAbout Octa
Octa (formerly OctaFX) is a globally active broker founded in 2011 and headquartered in Limassol, Cyprus. It offers commission-free trading and has a strong presence across Asia, Africa and the Middle East.
The broker holds authorisations from Cyprus's CySEC, South Africa's FSCA and the Mauritius FSC. Leverage is available up to 1:500 depending on the entity and instrument, with lower caps applying under CySEC.
Trading is offered on MetaTrader 4, MetaTrader 5 and the proprietary OctaTrader platform, with a minimum deposit of USD 25 and a minimum lot size of 0.01. EUR/USD spreads start from about 0.6 pips on commission-free accounts, with all costs built into the spread. Markets cover forex, indices, commodities, metals and crypto CFDs.
With a FinPip rating of 3.9 out of 5, Octa suits traders who want commission-free pricing and a proprietary platform, though its top-tier regulation and instrument range are more limited than full-service brokers.
The bottom line
Globally active broker (formerly OctaFX) offering commission-free trading on MT4, MT5, and its proprietary OctaTrader platform, with a low entry deposit and a strong presence in Asia, Africa, and the Middle East.
Regulation & Safety
- CySEC
- FSCA
- FSC (Mauritius)
Key facts
Fees & Spreads
- Min. deposit
- $25
- Spreads from
- 0.6 pips (EUR/USD)
- Leverage
- Up to 1:500 depending on the entity and instrument; lower caps apply under CySEC.
- Min. lot size
- 0.01
Spread notes: Commission-free accounts with spreads from about 0.6 pips on EUR/USD; costs are built into the spread.
Platforms
MetaTrader 4
MetaTrader 5- OOctaTrader
- Forex
- Indices
- Commodities
- Metals
- Crypto CFDs
Pros
- Commission-free trading with all costs in the spread
- Low minimum deposit
- Proprietary OctaTrader platform alongside MT4 and MT5
Cons
- Limited top-tier regulation
- Narrower instrument range than full-service brokers
User reviews
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