Octa

3.8(1.200 reviews)

CySEC-regulated Forex broker with copy trading and competitive conditions

CySEC RegulatedSince 2011

Trust Score

Very Good

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

25 $

Min. Deposit

Instruments

CySEC

Regulation

Platforms

Key Features

Forex

Forex trading available

CFDs

CFDs trading available

Indices

Indices trading available

Commodities

Commodities trading available

Crypto CFDs

Crypto CFDs trading available

Stocks CFDs

Stocks CFDs trading available

MT4

Trading Platform

MT5

Trading Platform

OctaTrader

Trading Platform

Advantages

CySEC-regulated with EU deposit protection
Commission-free trading
Proprietary OctaTrader platform with copy trading
Low minimum deposit of $25

Disadvantages

Spreads wider than with ECN brokers
Limited research and analysis tools

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Octa

Octa (formerly OctaFX) is a CySEC-regulated Forex broker founded in 2011, headquartered in Limassol, Cyprus. With over 1,200 customer reviews and a broad international user base, Octa has established itself as one of the most popular brokers for commission-free Forex trading and copy trading. The broker offers commission-free trading with spreads from 0.6 pips on Forex, indices, commodities, crypto CFDs, and stock CFDs. The proprietary OctaTrader platform features integrated copy trading, allowing beginners to automatically copy the strategies of experienced traders. MetaTrader 4 and MT5 are also available. Octa targets beginners and intermediate traders seeking a simple, commission-free entry into Forex trading. The low minimum deposit of $25 and the copy trading feature make the broker particularly accessible. CySEC regulation provides EU deposit insurance and high security standards.

Octa FAQ

What is OctaTrader?

OctaTrader is Octa's proprietary trading platform with integrated copy trading. It offers a modern user interface, charting tools, and the ability to automatically copy strategies of experienced traders.

Does Octa charge commissions?

No, Octa does not charge commissions on trades. Trading costs are fully included in the spreads, which start from 0.6 pips for major Forex pairs.

How does copy trading work at Octa?

Through the OctaTrader platform, you can select experienced traders and automatically copy their trades in your account. You can set the amount per trade and end the copying relationship at any time.