Octa

Founded 2011 · Limassol, Cyprus

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

$25Min. deposit
1:500Max. leverage
0.6 pipsSpreads from
3Platforms
3Regulators
5Instruments
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24h uptimeLatency

About 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.

Regulation & Safety

  • CySEC
  • FSCA
  • FSC (Mauritius)
Founded: 2011Headquarters: Limassol, Cyprus

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

Instruments
  • 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

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