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Octa

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7.7
(121 Reviews)

Founded: 2011 Min Deposit: 20 USD

Headquarters: Comoros Max Lev: 1 : 1000

Score
Business Scope
7.6
Trading Cost
7.4
Trading Platforms
7.6
Support
7.6
Licence Status

regulated by CySEC

CySEC 372/18
FSCA 51913
MISA T2023320
Authorised
Authorised
Authorised
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

Deposit and Withdrawal

7.5

Good

support crypto wallets

Features

Deposit/withdrawal Problems
Fast Deposit

See more
See more

Company and Service

7.6

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

Overall Score

7.7
121 Reviews

Cost 7.4

Platforms 7.6

Deposit & Withdrawal 7.5

Customer Support 7.6

Indicates the average level of Brokers

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

121 Reviews Clear filter

Linzell Hopkins
7-12 months South Africa
I’ve been trading with the octa broker for almost a year now and I didn’t regret joining here. Recently they added a new feature that made a noise in the trading community. This is the AI chart feature and being honest, I dropped my jaw when I saw how it can analyze the charts and identify trading patterns. It was incomprehensible to understand how to use it at first but after all, I dealt with it
5 hours ago
Reply
Casimer
1-3 years Singapore
I have been using Octa for a while now. The deposit and withdrawal is processed quick but sometimes takes longer than ususal. Support team is relaible and reposne has been quite helpful. A little bit of research would go a long way
2025-04-08
Reply
Agung Che
Over 3 years Malaysia
I remember I was surprised to find out that there’s no commission for withdrawals here, in addition to zero swaps and all the different types of bonuses that you can get for making a deposit seemed a little off at first. Still, after using octa for multiple years I haven’t had any complaints about the pricing. It is indeed quite reliable and transparent, not something you can take for granted with a broker
2025-03-29
Reply
Alexis Ahmad
7-12 months United Arab Emirates
I’ve had a great experience with Octa so far! Their platform is super user-friendly, and the educational resources and market insights have been really helpful for my trading journey.
2025-03-27
Reply
cagak sihotang
1-3 years Indonesia
OctaTrader is actually a really good trading engine. I like how responsive and intuitive the app is. Initially I started trading with MT4 but I am happy I decided to give it a try because of their custom trading app. I recommend checking it out if you like high-end trading engines. Regarding the trading terms, I think I shouldn't waste any time, we all know Octa is an attractive broker
2025-03-23
Reply
Jessie Phommachanh
7-12 months Nigeria
I have tried it, and from my experience, it's okay though I have only withdrew once and I was paid via Gift card but I will still advise to trade with caution, as the internet is a vast community
2025-03-21
Reply
TehbinPutera
0-6 months Malaysia
They offer swap free account as well, I like that they respect the religions of other cultures. I enjoy trading here for real, and I would reate all of their services close to perhect, because they really are. There isn;t any service from Octa that I don't like, all are good. However, I would still incrase the number of available instruments tho, 300 is low for a broker of this caliber.🤔
2025-03-19
Reply
Nirmala bint Bujang
Over 3 years Malaysia
My boyfriend has been trading with this broker for over 5 years, and I have over 3. But I’m just using a copy trading service to follow other traders and copy their trades. It's very profitable!
2025-03-12
Reply
Ban Choon
0-6 months Malaysia
I joined octa a few years ago because I liked the platform's convenience, its spreads , even design. Over time, I started to enjoy the technologically advanced trading options it offers more and more. Recently, they rolled out an ai-enhanced charting feature. I don’t need draw charts to spot a price pattern anymore, it literally visualizes existing price patterns, just amazing. Time saving and helpful for analysis.
2025-03-10
Reply
Binte Yan Ling
1-3 years Singapore
its not a bad broker, lots of 'special' features that I don't use. I'd prefer they put that development time in lowering the cost of XAU trading. I like gold ;) Its ok but could be much better still.
2025-03-03
Reply

1-10 of 121 comments

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