IronFX

3.5(950)

CySEC/FCA

Octa

3.8(1200)

CySEC

IronFX vs Octa

Head-to-Head Comparison 2026

Our Verdict

Octa has a higher rating of 3.8/5 compared to IronFX (3.5/5). The minimum deposit is lower at Octa with 25 $. IronFX has been in the market since 2010, making it the more experienced provider. On spreads, IronFX offers EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot, while Octa offers EUR/USD from 0.6 pip (typical), no commissions — spread only. Octa charges no inactivity fee, while the other does.

Comparison Table

Criteria	IronFX	Octa
Rating	3.5/5 (950 reviews)	3.8/5 (1200 reviews)✓
Regulation	CySEC/FCA	CySEC
Fees	from 0.0 pips (STP/ECN) + commission, from 1.6 pips (Standard)	from 0.6 pips Forex, no commission
Min. Deposit	50 $	25 $
Instruments	Forex, CFDs, Indices, Commodities, Stocks CFDs, Futures	Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs
Platforms	MT4, IronFX WebTrader, IronFX App	MT4, MT5, OctaTrader
Options Trading	No	No
Spread (typical)	EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot	EUR/USD from 0.6 pip (typical), no commissions — spread only
Inactivity Fee	Up to $30/quarter after 90 days of inactivity	None
Founded	2010	2011
Headquarters	Limassol	Limassol

Detailed Comparison

Fee Comparison

IronFX: from 0.0 pips (STP/ECN) + commission, from 1.6 pips (Standard). Minimum deposit: 50 $. Spread: EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot. Inactivity fee: Up to $30/quarter after 90 days of inactivity.

Octa: from 0.6 pips Forex, no commission. Minimum deposit: 25 $. Spread: EUR/USD from 0.6 pip (typical), no commissions — spread only.

Product Range

IronFX (6 categories)

ForexCFDsIndicesCommoditiesStocks CFDsFutures

Octa (6 categories)

ForexCFDsIndicesCommoditiesCrypto CFDsStocks CFDs

Trading Platforms

IronFX

MT4
IronFX WebTrader
IronFX App

Octa

MT4
MT5
OctaTrader

Regulation & Security

IronFX is regulated by CySEC/FCA (HQ: Limassol).

Octa is regulated by CySEC (HQ: Limassol).

Who Is It For?

IronFX

Global Forex and CFD broker with multiple account types and STP/ECN access

✓ CySEC and FCA-regulated

✓ Multiple account types (Floating, Fixed, STP/ECN)

✓ Over 500 financial instruments available

✗ Mixed customer reviews in the past

✗ Spreads on Standard account relatively high

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 IronFX or Octa cheaper?

IronFX charges from 0.0 pips (STP/ECN) + commission, from 1.6 pips (Standard). Octa charges from 0.6 pips Forex, no commission. The minimum deposit is 50 $ at IronFX and 25 $ at Octa.

Which broker offers more products: IronFX or Octa?

IronFX offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Futures. Octa offers Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs.

Which broker is better regulated?

IronFX is regulated by CySEC/FCA. Octa is regulated by CySEC.

Is IronFX or Octa better for beginners?

IronFX has a minimum deposit of 50 $ and offers MT4, IronFX WebTrader, IronFX App as platforms. Octa has a minimum deposit of 25 $ and offers MT4, MT5, OctaTrader. Octa has the lower entry barrier.

IronFX vs Octa: Which broker is better overall?

The choice between IronFX (3.5/5, 950 reviews) and Octa (3.8/5, 1200 reviews) depends on your needs. IronFX: Global Forex and CFD broker with multiple account types and STP/ECN access. Octa: CySEC-regulated Forex broker with copy trading and competitive conditions.

How do spreads compare between IronFX and Octa?

IronFX offers typical spreads of EUR/USD from 1.7 pip (Standard), 0.6 pip (Pro), 0.0 pip (Zero) + $18 per lot. Octa offers EUR/USD from 0.6 pip (typical), no commissions — spread only. Tighter spreads reduce trading costs especially for active trading.

Do IronFX or Octa charge an inactivity fee?

IronFX: Up to $30/quarter after 90 days of inactivity. Octa: no inactivity fee.

IronFX

Global Forex and CFD broker with multiple account types and STP/ECN access

Open Account →

From 50 $ min. deposit

Octa

CySEC-regulated Forex broker with copy trading and competitive conditions

Open Account →

From 25 $ min. deposit

IronFX read review →Octa read review →