Our Verdict
Octa has a higher rating of 3.8/5 compared to Orbex (3.7/5). The minimum deposit is lower at Octa with 25 $.
Comparison Table
| Criteria | Octa | Orbex |
|---|---|---|
| Rating | 3.8/5 (1200 reviews)✓ | 3.7/5 (440 reviews) |
| Regulation | CySEC | CySEC |
| Fees | from 0.6 pips Forex, no commission | from 0.0 pips (Raw account) + $5 commission per lot |
| Min. Deposit | 25 $ | 200 $ |
| Instruments | Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs |
| Platforms | MT4, MT5, OctaTrader | MT4, Orbex App |
| Options Trading | No | No |
| Founded | 2011 | 2011 |
| Headquarters | Limassol | Limassol |
Detailed Comparison
Fee Comparison
Octa: from 0.6 pips Forex, no commission. Minimum deposit: 25 $.
Orbex: from 0.0 pips (Raw account) + $5 commission per lot. Minimum deposit: 200 $.
Product Range
Octa (6 categories)
Orbex (6 categories)
Trading Platforms
Octa
- MT4
- MT5
- OctaTrader
Orbex
- MT4
- Orbex App
Regulation & Security
Octa is regulated by CySEC (HQ: Limassol).
Orbex is regulated by CySEC (HQ: Limassol).
Who Is It For?
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
Orbex
CySEC-regulated Forex and CFD broker with focus on education and analysis
✓ CySEC-regulated with EU deposit protection
✓ Extensive educational resources and daily analyses
✓ ECN execution on Raw account
✗ Minimum deposit of $200
✗ Only MT4 available, no MT5 or cTrader
Frequently Asked Questions
Is Octa or Orbex cheaper?
Which broker offers more products: Octa or Orbex?
Which broker is better regulated?
Is Octa or Orbex better for beginners?
Octa vs Orbex: Which broker is better overall?
Octa
CySEC-regulated Forex broker with copy trading and competitive conditions
Open Account →From 25 $ min. deposit
Orbex
CySEC-regulated Forex and CFD broker with focus on education and analysis
Open Account →From 200 $ min. deposit