Octa Review 2026
Commission-free trading with swap-free accounts
Min. deposit
$25
Max leverage
1:1,000
Spread from
0.6 pips
Platforms
MT4, MT5, Proprietary
Our score
Very good
Visit BrokerCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 85% of retail investor acco…
Our verdict
Octa is a beginner-friendly, low-cost broker with swap-free trading and fast payouts. Traders who want tier-1 regulation should consider alternatives.
Best for: Swap-free trading
Octa at a glance
Octa (OctaFX) is an international broker with millions of clients in Asia, Latin America and Africa. It offers commission-free trading, swap-free accounts by default and its own OctaTrader platform.
Rating breakdown
Weighted scores from our broker methodology
Pros and cons
Pros
- No commissions on any account
- Swap-free trading by default
- Very fast withdrawals
- Regular deposit bonuses (non-EU)
Cons
- Limited regulation outside the EU entity
- Smaller instrument range
- No raw-spread ECN account
Key facts
- Founded
- 2011
- Headquarters
- Limassol, Cyprus
- Minimum deposit
- $25
- Maximum leverage
- 1:1,000
- Spreads from (EUR/USD)
- 0.6 pips
- Commission (raw / ECN account)
- None
- Execution model
- Market Maker, STP
- Trading platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform, Mobile App
- Markets
- Forex, Indices, Commodities, Metals, Energies, Stocks, Crypto
- Number of instruments
- 300+
- Regulators
- CySEC, FSCA, FSC (MU)
- Restricted countries
- USA, Canada, Iran, UK
- Deposit methods
- Bank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto, Local Bank Transfer, Perfect Money
- Withdrawal processing time
- 1–3 hours on average
- Support hours
- 24/7
- Website
- octafx.com
Account types
| Account | Min. deposit | Spread | Commission | Leverage |
|---|---|---|---|---|
| OctaTrader | $25 | From 0.6 pips | None | 1:1000 |
| MT4 / MT5 | $25 | From 0.6 pips | None | 1:1000 |
Is Octa safe and regulated?
Octa is authorised by 3 financial regulators: CySEC (Cyprus), FSCA (South Africa) and FSC (MU) (Mauritius).
Its licences come from mid-tier regulators that enforce solid standards, although protections are generally lighter than under tier-1 authorities such as the FCA or ASIC.
Client protections include segregated funds and negative balance protection.
Note that Octa does not accept clients from USA, Canada, Iran and UK.
CySEC
Cyprus Securities and Exchange Commission · Tier 2
FSCA
Financial Sector Conduct Authority · Tier 2
FSC (MU)
Financial Services Commission · Tier 3
Fees, spreads and commissions
Spreads at Octa start from 0.6 pips on EUR/USD, while the typical spread on the standard account is around 0.9 pips.
Commission on raw or ECN-style accounts: None.
The minimum deposit is $25.
Funding fees: Octa covers deposit and withdrawal fees.
Trading platforms and markets
Octa supports MetaTrader 4, MetaTrader 5, Proprietary platform and Mobile App.
Advanced traders benefit from copy trading and expert advisors and algorithmic trading.
You can trade 300+ instruments across forex, indices, commodities, metals, energies, stocks and crypto.
Execution model: Market Maker and STP.
Deposits and withdrawals
Supported funding methods include Bank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto, Local Bank Transfer and Perfect Money.
Withdrawal processing time: 1–3 hours on average.
Accounts can be opened in USD and EUR.
Customer support
Customer support is available 24/7 via live chat, email, telegram and whatsapp.
Octa promotions
50%
50% Bonus on Every Deposit
Claim a 50% bonus each time you top up your account.
T&Cs: Bonus can be withdrawn after the required volume is traded. Not available under the EU entity.
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Octa FAQ
Is Octa regulated?
Yes. Octa is regulated by CySEC, FSCA and FSC (MU).
What is the minimum deposit at Octa?
The minimum deposit at Octa is $25.
Which trading platforms does Octa offer?
Octa offers MetaTrader 4, MetaTrader 5, Proprietary platform and Mobile App.
Does Octa offer Islamic (swap-free) accounts?
Yes, Octa offers swap-free Islamic accounts on request.
How long do withdrawals take at Octa?
Withdrawals at Octa are typically processed 1–3 hours on average.
What is the maximum leverage at Octa?
Maximum leverage is 1:1,000, depending on the entity, account type and your location. Retail clients in the UK, EU and Australia are usually capped at 1:30.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 85% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.