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Octa

3.8(1.200 reviews)

CySEC-regulated Forex broker with copy trading and competitive conditions

CySEC RegulatedSince 2011
76
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
6
Instruments
CySEC
Regulation
3
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.
Strategies × Top Stocks

Popular Strategies to Try

Concrete example trades you can replicate after opening your account at Octa.

Tesla logo
Long Straddle
TSLA

Long Straddle · Tesla

Tesla Inc.

Highly volatile — no clear direction · highly volatile mover

IV 5095%View example trade
NVIDIA logo
Long Straddle
NVDA

Long Straddle · NVIDIA

NVIDIA Corporation

Highly volatile — no clear direction · volatile stock

IV 4080%View example trade
Apple logo
Covered Call
AAPL

Covered Call · Apple

Apple Inc.

Neutral to mildly bullish · calm stock

IV 2032%View example trade
SAP logo
Covered Call
SAP

Covered Call · SAP

SAP SE

Neutral to mildly bullish · calm stock

IV 1830%View example trade
Amazon logo
Cash-Secured Put
AMZN

Cash-Secured Put · Amazon

Amazon.com Inc.

Neutral to mildly bullish · medium-volatility stock

IV 2542%View example trade
S&P 500 ETF logo
Iron Condor
SPY

Iron Condor · S&P 500 ETF

SPDR S&P 500 ETF

Neutral / Sideways · calm stock

IV 1222%View example trade
Nasdaq-100 ETF logo
Iron Condor
QQQ

Iron Condor · Nasdaq-100 ETF

Invesco QQQ ETF (Nasdaq-100)

Neutral / Sideways · calm stock

IV 1628%View example trade
Palantir logo
Bull Call Spread
PLTR

Bull Call Spread · Palantir

Palantir Technologies Inc.

Bullish · highly volatile mover

IV 5590%View example trade
MicroStrategy logo
Bull Call Spread
MSTR

Bull Call Spread · MicroStrategy

MicroStrategy Inc.

Bullish · highly volatile mover

IV 85160%View example trade
Coinbase logo
Bear Put Spread
COIN

Bear Put Spread · Coinbase

Coinbase Global Inc.

Bearish · highly volatile mover

IV 65120%View example trade
Microsoft logo
Butterfly Strategy
MSFT

Butterfly Strategy · Microsoft

Microsoft Corporation

Neutral — stock expected to stay near the center strike · calm stock

IV 1830%View example trade
NVIDIA logo
Bull Call Spread
NVDA

Bull Call Spread · NVIDIA

NVIDIA Corporation

Bullish · volatile stock

IV 4080%View example trade