BrokersView
Search
Download
English
Sign In

Octa

Save
Share
WELL-PERFORMING BROKER
8.6
(96 Reviews)

Founded: 2011 Min Deposit: 20 USD

Headquarters: Comoros Max Lev: 1 : 1000

Score
Business Scope
8.6
Trading Cost
8.6
Trading Platforms
8.6
Support
8.6
Licence Status

regulated by CySEC

CySEC 372/18
FSCA 51913
MISA T2023320
Authorised
Authorised
Authorised
Contact
support@octafx.com
https://www.octafx.com/
https://www.facebook.com/octaworldwide
Multiple Base Currencies Support
Deposit/withdrawal Problems
Multilingual Support
Fast Deposit
Fast Withdrawal
Multiple Account types
Tight Spread
Low Commission
Not for US Customers
High Leverage
Mohammad
2023-01-20
OctaFX is a reliable broker, I have been with them for a long time, and they fulfilled the obligations they gave me from the beginning. I regularly withdraw funds, open orders and complete transactions immediately. I think these are indicators of a good and reliable broker.
Oscar Adams
2022-11-24
Low spreads, fast execution, useful personal area and withdrawal funds. octafx is great!
Christoph Pratschke
2022-12-22
I have extensive experience in OctaFX trading. It is an honest and trustworthy broker who always serves customers. The service provided is excellent, the execution speed is also very fast, and there is no need to re-quote
EllenRodger
2022-10-20
octafx is a very good broker, but the spread is very high. Please consider carefully
Broker News Updates Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

OctaFX Rebrands to Octa 2023-09-26
The rebranding is part of a bigger transformation process, OctaFX says.
5 Best Nigerian Forex Brokers for Leverage 2023-04-25
Looking for Nigerian forex brokers that offer high leverage for your trading needs? Check out our guide to the 5 best forex brokers in Nigeria that provide leverage to traders.
Deposit Rate Comparison Between Forex Brokers in Nigeria 2022-05-09
Here is a list of the top 7 popular forex brokers that offer relatively good deposit exchange rates and trading platforms to Nigerian traders.

Updates

Octa offers reduced spreads during the U.S. election

The broker will lower spreads on most assets for a whole month between 31 October and 15 November to provide traders with extra opportunities during high market activity before and after the elections.

2024-10-25

Deposit and Withdrawal

8.6

Very Good

support crypto wallets

Features

Deposit/withdrawal Problems
Fast Deposit

See more
See more

Company and Service

8.6

Very Good

high spreads & good customer support

Features

Quick Response
Good Customer Service
Fast Registration
Profile
Headquarters Address
Bonovo Road – Fomboni, Island of Moheli, Comoros Union
Founded 2011
Broker Type
STP
Time Zone GMT+3
Credit Profile No information
Trading Platforms
MT4
OctaTrader,  MT4
MT5
OctaTrader,  MT5
Contact
No Data
Others
Website Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish,  Vietnamese
Customer Service By
Email,  Live Chat
Supported Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish

Related Complaints

Q&A Complaints

Is octa legit broker, in terms of their deposit and withdrawal processes?

Kruldar
Indonesia
2024-12-17
ANSWER Dear Investor, Thank you for reaching out to us. We have researched Octa and found some points to consider regarding their deposit and withdrawal processes. Deposit Process: 1. Zero-Fee Deposits: Octa offers zero-fee deposits with various methods, including Visa, Mastercard, Skrill, Neteller, Bitcoin, and Ethereum. 2. Quick Processing: Deposits are often processed instantly. Withdrawal Process: 1. Zero-Fee Withdrawals: Withdrawals are also free of charge and can be made using the same methods as deposits. 2. Verification Required: Account verification is required for withdrawals. 3. Processing Time: Withdrawal requests are typically processed within 1-3 hours, with additional time needed for funds to appear in your account. Of course, in addition to the payment methods, It is important to conduct thorough research and consider other factors, such as reviews and regulatory compliance, before making a decision.
See more

Can you tell me more about Octa Copy trading application?

John Arumugam
Malaysia
2024-11-28
ANSWER Dear Investor, Thank you for reaching out. The Octa Copy is a platform designed for social trading, facilitating online investment and earning in the Forex market. The app simplifies the trading process by eliminating the need for extensive learning or the development of personal trading strategies. For a comprehensive understanding of this application, we recommend visiting their official website, where they have a specific page dedicated to introducing this app.
See more

Overall Score

8.6
96 Reviews

Cost 8.6

Platforms 8.6

Deposit & Withdrawal 8.6

Customer Support 8.6

Indicates the average level of Brokers

Keywords for selection
High Spreads Bad/Unprofessional Customer Support Good/Professional Customer Support Reliable & Reputable

93 Reviews Clear filter

Sort by
Prabowo Adriansyah
1-3 years Indonesia
Amazing platform and the octatrader account has features FAVORABLE to me-
2024-12-19
Reply
M Zheng
0-6 months Singapore
In my Octa review, I'll just say: "I'm happy with trading Gold on this platform"
2024-12-05
Reply
Bagus L.
7-12 months Malaysia
A real global broker which one is regulated and have lienceses for operating brokerage! I am trust octa because they work long time and I almost using it 1 year🙋‍♂️
2024-12-04
Reply
kasidech Kh
0-6 months MT5 Account Thailand
everting is good
2024-12-04
Reply
ليلى آل سعود
1-3 years MT4 account United Arab Emirates
Octa offers a diverse range of trading instruments, a user-friendly platform, and strong customer support, making it an appealing option for both beginner and experienced traders. With a low minimum deposit, competitive spreads, and extensive educational resources, the broker enhances accessibility and appeal to traders of all levels.
2024-12-02
Reply
Полина Романова
1-3 years OctaTrader account Estonia
I’ve been working with them for about a year, and the site very rarely crashes
2024-11-29
Reply
Aayushman Binnani
Over 3 years India
been with them for over 3 years, sometimes they have smlal problems but in general are fine.
2024-11-24
Reply
Intan Wahyuni
0-6 months Indonesia
Octa have pretty good conditions. especelly I note support team, fast answers and can solve problems, actually.
2024-11-18
Reply
Nirmala Sinurat
Dear Intan Wahyuni, Thank you for your feedback! We're delighted you've had a positive experience with Octa, particularly with our CS team. We take pride in providing quick and effective solutions, and it's great to know our efforts are making a difference for you. Your words inspire us to keep improving, and we're committed to maintaining excellent conditions for all our traders. Thanks for being part of the Octa, and we wish you continued success in your trading journey. Kind regards, Octa
2024-11-25
Reply
Jenab bin Hayati
Over 3 years Malaysia
While Octa Forex is a trader-friendly and generous platform with all the apps and tools they have (like a calculator and lush education materials), I find a beginning of trade with 50 EUR a bit costly, it bites your wallet, right? Again, other than that I feel here like a fish in the sea.
2024-11-14
Reply
Nirmala Sinurat
Dear Jenab bin Hayati, Thank you for your thoughtful review! We're glad you enjoy Octa's trader-friendly features, including our tools, apps, and educational resources. We also appreciate your feedback on the 50 EUR starting amount — we understand it might feel like a bigger investment, and we value your perspective. Feel free to reach out if you have any further questions or suggestions. We're here to support you and are excited to have you in the Octa community. Kind regards, Octa Rep.
2024-11-18
Reply
Lee Yong Zu
7-12 months Singapore
Almost a year for me. Earned $800 rn, good? ... but $200 of them were from bonuses, to be fair...
2024-11-06
1
Reply

1-10 of 93 comments

Rate and Review

Overall Rating

Cost

Platforms

Deposit & Withdrawal

Customer Support

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.