Company Summary
Company Summary
Company Profile
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts.
At the moment, Octa offers over 300 trading instruments, including:
CFDs on stocks: 150 (Apple, Google, Amazon, etc.)
Forex currency pairs: 52 (EURUSD, GBPUSD, GBPJPY and other popular ones)
Gold and silver
Energies: 3 (XBRUSD, XTIUSD, XNGUSD)
Indices: 10 (US30, NAS100, SPX500, etc.)
Cryptocurrencies: 34 (BTC, ETH, LTC, etc.)
Spanning across the globe, Octa is subject to regulation by several authorities, reflecting the diverse regulatory landscape governing the activities conducted by Octa.
Octa holds the following licenses:
Octa Markets Cyprus Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 372/18.
Octa Markets Ltd. is authorised and regulated by the Mwali International Services Authority (MISA) with license number HY00623410, and international brokerage and clearing house license number: T2023320.
Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number 51913 from the Financial Sector Conduct Authority (FSCA) in South Africa.
Octa offers three account types: MT4, MT5 and account on its own proprietary trading platform OctaTrader. The average spread for EURUSD is 0.7 pips for all accounts with no additional charges or hidden fees. All accounts are swap-free—there are no overnight fees for traders.
OctaTrader platform elevates traders' experience by offering a one-stop solution with features like Space—a dynamic feed with real-time analysis, collaborative tools, and educational resources, all in one place. A library of webinars and tutorials ensures continuous learning for traders at all levels. Another unique tool is OctaVision, powered by AI, which acts as a digital mentor, providing personalised analysis of past trading actions and giving data-driven recommendations to help users refine their trading strategies.
FX8176565312
Malaysia
One moment they claim all materials are ready for verification, then suddenly it's impossible to withdraw—it feels like a scam.
Exposure
FX1692873356
United Arab Emirates
I have not received my withdrawal its been 8 days and nobody is responding to my emails. My withdrawal id: W22424**** They are not giving me my $35000 I am official partner with octa and i genrate over $350k in commison and you guys treating my like this. This will force me to leave octa and ask my cleints to join other clients Regards
Exposure
Yesmin Eiol
Malaysia
My account was blocked by OctaFX, this is a scam. I had capital of 23.15 USD and won 11.00 USD, but OctaFX took it.. Luckily, it's only a small amount of 23.15 USD.. Octa scam, my password is correct but I can't access my account, the money is still in there.
Exposure
Krismon
Indonesia
Octa offers a fairly stable trading experience for daily use. The registration and verification process runs quickly, so users can start immediately without significant obstacles.
Neutral
FX2009222320
Indonesia
I use Octa because the platform is stable, execution is quite fast, and deposit and withdrawal processes usually go smoothly. The app is also easy to use. But as always, still be careful with leverage and start with small amounts before going big.
Neutral
ThembaRadebe
South Africa
i liked trading with octa on mt 5 account a)no commissions b)tight spreads most of the time c) not big deposit It's very comfortable to do trades there on mt5 because of multiple timeframes see the behaviors of charts. I used some tutorials from mql5 too to set different tools on multiple tiemframes, see price shifts from different tech perspectives it was good overall, no lags, charts performed fast A note: one day support didn't respond as quickly as they did
Positive
FX5221378362
Singapore
Well, I expected account types to be more creative than offering the same condition on each of three platforms… At any event, conditions were nice, so I wasn’t that picky about this matter. I’m not scalper to complain about the lack of raw accounts. Spreads from 0.6 were still decent. And assuming no commission policy, including swaps, it was a cost effective place. I mainly trade on mt5. Classic platform with big capabilities. Octa respected classics
Positive
Siti_Zulaikha
Malaysia
Ya know for all that time I’ve been trading with Octa broker, I noticed that almost all my market and pending orders were executed without slippage and I couldn’t even blink an eye to see it. It turned out that their servers are located in London, also in general, Europe and Asia, which means they’re working with a large pool of liquidity providers and that’s why I haven’t encountered any heavy slippage yet. Well, it’s really impressive. They conquered my trust 100%!
Positive
FX1186906205
Singapore
for myself this is minus because only 300+ asset is not good for octa, they have such massive reputation with so many good ratingbut so little asset for trade. in my opinion they need like 1000+ and lot of different stocks too. other things I am good and no questiona about legit because i trust octa they are working since like 2012 this is very long time to get trust of people and they have it.
Neutral
FX3303294933
Nigeria
Despite Octa has its own platform, I still respect classic metatrader trading. These AI tools, modern charts, it’s my vibe to be honest. Though, it didn’t cancel the fact that the broker showed himself well in the work, giving timely execution and transparent fees. I especially liked the fact that spreads started from low 0.7 pips. For a day trader, it was a juicy deal without any doubts.
Positive
FX3885757347
Malaysia
I’ve seen an article about Octa and when I saw they’re offering the services across multiple entities but under one brand name, I thought this is something interesting. That’s why I signed up, it’s the first time when I saw how accounts are tailored to specific platforms. I chose a MT4 account, and to be honest, it didn’t exceed my expectations. Then i switched to octa trader, struggled a little bit also, but much better than mt4.
Neutral
Hadif Ariffin
Malaysia
There are three different platforms available: -mt4 -mt5 -octatrader I picked the last one becuase I wanted to try something new and it was worth it. It's much better than standard MT4 and MT5 versions. Octa trader offers clients to take advantage of an AI chart feature that analyzes charts automatically and gives you hidden signals. Not gonna lie, I was doubtful a little bit about it but seeing how it works in practice, I changed my mind immediately.
Positive
Daryl9341
Singapore
The withdrawal process is what matters the most, and they have it good. The range of withdrawal methods is big, but honestly, most of them are crypto based. I didn't use all of them, just USDT TRC20. However, as far as I know, the time of process doesn't differs from one method to another. They are all performed in like 4 hours, maybe less, depends on how fast they approve the request.
Positive
Maelene
South Africa
They made things simpler than any other broker i have traded in the past regarding the process of choosing an acc type,. Regarding the trading codnitons, all account are pretty much the same. What you need to choose is your favorit trading engine. I chose the octatrader.. Initially it took me some time to understand the app, but it’s not hard at all. The only limit it has is the max open positions - it’s 50 lots, which is way more than intend to trade, and no EAs.
Neutral
Puteri8451
Malaysia
october was a month of uncertainty for stock market, stocks made ath and then could not proceed further, I guess it is rotation from sector to sector, so a correction perhaps. Glad that I have access to blue chip stocks provided by octa, good, however, it would be great to widen the pool of stocks in general, some of the names I dont see here. As for platfrom, all is fine, works well, no slippage, correct quotes I get
Neutral
Joan1648
Malaysia
OCTA offering a decent security for traders, because they are regulated and licensed. Plus, they use segregated accounts to keep clients funds separately, which is important.
Positive
ChengYongrui
Malaysia
messing with octa educational tools and the live quotes help is kinda handy, all is combined in one place, seeing the global picture of real market data makes learning easier but sometimes the quotes lag or drop which is annoyin overall its okay for getting the hang of things just dont rely on it too muchh
Neutral
HuiMinOng
Singapore
I might be harsh on them, but this is what I feel! The customer service needs improvements as soon as possible. The people who work as a support seem to know the topics, but the time it takes for them to respond is a lot. I can’t stand waiting, I take it as a disrespect towards myself… As for the trading, there wasn’t any big troubles. The spreads are not 0.6 pips, they are usually 1.2 pips for eur/usd, which is fine. Commissions are zero, that’s the advantage tho.
Neutral
TingEn
Malaysia
So get used to seeing zero raw accounts and not seeing it here, automatically put a minus for the broker. Of course it didn’t cancel the fact how good trading conditions are and what opportunities their proprietary trading platform gives in comfort and trading conditions. I just have a justified reason to put 4 instead of 5.
Neutral
FCheng
Singapore
So what I have on my Mt5 is : - 4 (around) on gold - 1.2 on eurusd (asian session) - around 2 on gbpusd A good thing is that all the platforms have more less the same spread and it makes it super fair to trade anywhere you feel comfortable. I am on MT5 and depsite octatrader recommendations, I am still with mt because I just feel more comfortable here.
Positive
HajiSyed
Malaysia
They have chosen the best concept when it comes to account types. Basically you need to choose the trading engine you like which is much easier than weighing trading conditions, costs, and other aspects that are exclusive to account types. Btw their custom trading app, the octatrader is great, i like that there is a strong focus on AI tools
Positive
OnoriodeBamisebi
Nigeria
I went for the octatrader account, not MT because that platform is so basic. They didn’t change it for years, of course I would go for the octa one that even has an AI in it. That makes trading more interesting imho. Apart from the platform, what is great about it is also the fees. That’s like the standard acc, they don’t have others, but the fees are tighttt. Spreads be max at 1 pips.
Positive
CFourie
South Africa
I dont think there is somebody who havent heard of octa... because in so many years they are just at the core of trading sphere. Still this doesn't mean that they should relax, I suggest adding some more intrumnets to the pool because 300+ is not much for a broker of this caliber.
Neutral