Our Verdict
Octa has a higher rating of 3.8/5 compared to FXGT (3.7/5). The minimum deposit is lower at FXGT with 5 $. Octa has been in the market since 2011, making it the more experienced provider.
Comparison Table
| Criteria | FXGT | Octa |
|---|---|---|
| Rating | 3.7/5 (600 reviews) | 3.8/5 (1200 reviews)✓ |
| Regulation | CySEC/FSA | CySEC |
| Fees | from 0.0 pips (ECN), Standard+ from 1.5 pips, no commission (Standard+) | from 0.6 pips Forex, no commission |
| Min. Deposit | 5 $ | 25 $ |
| Instruments | Forex, Crypto CFDs, Indices, Commodities, Stocks CFDs, Metals | Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs |
| Platforms | MT4, MT5 | MT4, MT5, OctaTrader |
| Options Trading | No | No |
| Founded | 2019 | 2011 |
| Headquarters | Limassol | Limassol |
Detailed Comparison
Fee Comparison
FXGT: from 0.0 pips (ECN), Standard+ from 1.5 pips, no commission (Standard+). Minimum deposit: 5 $.
Octa: from 0.6 pips Forex, no commission. Minimum deposit: 25 $.
Product Range
FXGT (6 categories)
Octa (6 categories)
Trading Platforms
FXGT
- MT4
- MT5
Octa
- MT4
- MT5
- OctaTrader
Regulation & Security
FXGT is regulated by CySEC/FSA (HQ: Limassol).
Octa is regulated by CySEC (HQ: Limassol).
Who Is It For?
FXGT
Hybrid broker for Forex and crypto with CySEC regulation
✓ CySEC-regulated (EU deposit protection)
✓ Crypto CFDs with up to 1:1000 leverage
✓ Low minimum deposit ($5)
✗ Relatively young broker (founded 2019)
✗ High leverage carries significant loss risk
Octa
CySEC-regulated Forex broker with copy trading and competitive conditions
✓ CySEC-regulated with EU deposit protection
✓ Commission-free trading
✓ Proprietary OctaTrader platform with copy trading
✗ Spreads wider than with ECN brokers
✗ Limited research and analysis tools
Frequently Asked Questions
Is FXGT or Octa cheaper?
Which broker offers more products: FXGT or Octa?
Which broker is better regulated?
Is FXGT or Octa better for beginners?
FXGT vs Octa: Which broker is better overall?
Octa
CySEC-regulated Forex broker with copy trading and competitive conditions
Open Account →From 25 $ min. deposit