Our Verdict
FXTM has a higher rating of 4/5 compared to Octa (3.8/5). FXTM offers 7 instrument types, while Octa offers 6. The minimum deposit is lower at FXTM with 10 $.
Comparison Table
| Criteria | FXTM | Octa |
|---|---|---|
| Rating | 4/5 (1800 reviews)✓ | 3.8/5 (1200 reviews) |
| Regulation | FCA/CySEC | CySEC |
| Fees | from 0.0 pips (ECN) + $2 commission per lot | from 0.6 pips Forex, no commission |
| Min. Deposit | 10 $ | 25 $ |
| Instruments | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs, Metals | Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs |
| Platforms | MT4, MT5, FXTM Trader App | MT4, MT5, OctaTrader |
| Options Trading | No | No |
| Founded | 2011 | 2011 |
| Headquarters | London | Limassol |
Detailed Comparison
Fee Comparison
FXTM: from 0.0 pips (ECN) + $2 commission per lot. Minimum deposit: 10 $.
Octa: from 0.6 pips Forex, no commission. Minimum deposit: 25 $.
Product Range
FXTM (7 categories)
Octa (6 categories)
Trading Platforms
FXTM
- MT4
- MT5
- FXTM Trader App
Octa
- MT4
- MT5
- OctaTrader
Regulation & Security
FXTM is regulated by FCA/CySEC (HQ: London).
Octa is regulated by CySEC (HQ: Limassol).
Who Is It For?
FXTM
Award-winning Forex broker with ECN access and copy trading
✓ FCA and CySEC-regulated with EU investor protection
✓ Very low ECN commissions from $2 per lot
✓ Copy trading via FXTM Invest
✗ Inactivity fee after 6 months
✗ Stock CFDs only on MT5 account
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 FXTM or Octa cheaper?
Which broker offers more products: FXTM or Octa?
Which broker is better regulated?
Is FXTM or Octa better for beginners?
FXTM vs Octa: Which broker is better overall?
Octa
CySEC-regulated Forex broker with copy trading and competitive conditions
Open Account →From 25 $ min. deposit