Octa Review Safe, Legit, or a Scam, Global Glance 2025

Sometimes, this is where our team can request further verification of the payment you made. If you still encounter any issues, please provide more details about the deposit you’re referring to on our official social media in DM. Kindly note that we’ve completed large-scale technical upgrades affecting all platform components. Its day 6 now of sending messages and proof to Octa as well as trying to chat to them on customer support. Since I wrote a review about this broker 4 days ago I have not heard from them neither have they attempted to resolve my issue here.

Tradable Instruments

The OctaTrader platform is available on most browsers and supports 13 languages, including English, French, Spanish, Portuguese, and more. ‘Space’ represents an all-in-one research tool, including actionable trading ideas, AI-generated signals, market news, technical breakdowns, and more. OCTA’s flagship OctaTrader platform combines sleek, high-definition charts with built-in market research. However, during my tests, I found that spreads on some popular instruments were higher than the industry average. Deposits and withdrawals are also free of charge with the broker, though third-party processing fees may apply. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

These educational materials are designed to help beginners and experienced traders enhance their strategies and stay informed about global financial markets. Yes, Octa offers webinars, video tutorials, trading guides, and market analysis. These accounts maintain the same trading conditions as standard accounts while complying with Sharia law.

MetaTrader 5 is a complex, feature-rich platform built for seasoned traders who need advanced tools. Its intuitive interface and built-in Space feature provide expert analysis and real-time market updates, helping new traders get comfortable while learning to make informed decisions. The minimum deposit is $25, making Octa accessible for traders with smaller initial capital who want to enter the market without high upfront costs.

Octa Copy Social Trading App

It delivers personalized insights into your trading behavior, helping you track progress, improve decision-making, and optimize performance over time. Useful for both new and experienced traders, OctaVision helps refine strategies and strengthen long-term performance through self-assessment. OctaTrader, by contrast, emphasizes simplicity and usability, offering a more guided experience with accessible tools and live analytics.

• For Octa platform offering you may select either industry-leading software like MT4, MT5 and there is OctaTrader App available for your choice.
• Octa does have a proprietary mobile app for trading, as well as for social copy trading (the Octa Copytrading app), yet it still trails behind industry leaders such as IG and Saxo.
• These positions were reopened on your new OctaTrader account at the same prices.
• Trust Scores range from 1 to 99 (the higher a broker’s rating, the better).

Octa combines demo contests, elegant gifts, deposit bonuses, and a tiered status program to reward trader activity in various ways. Anyone with a demo account can join for free, trade for four weeks, and compete for a share of a $1,000 prize pool. The Champion MT4 Demo Contest is a risk-free trading competition for demo users. Octa’s free status program is designed to reward committed traders with tangible benefits.

While adequate for most retail traders, OCTA’s instrument lineup is fairly limited compared to competitors. You can jump in or out of the market quickly to take advantage of even the smallest price changes. Compared to the industry average, OCTA offers a low LunarCapital official site number of indices, an average amount of currency pairs, commodities, and share CFDs, and a high number of cryptocurrencies. I appreciated that the app also offers access to OCTA’s massive library of past webinars, allowing newbies to learn hands-off even while on the go.

On the plus side, it offers swap-free trading on all instruments, charges no inactivity fees, and doesn’t tack on handling fees for deposits or withdrawals. ALso, the points Octa does not win include instrument selection, lack of commission based accounts and more of the basic choice of platforms, buut spreads and costs at Octa are considered good. Octa provides various special tools and features that improve the trading experience outside of traditional platforms and typicall tools provided by the research avialable on site. Octa shines in giving several trading tools for active traders, however, individuals looking for long-term investments could have to take more thought on other platforms, including bonds and ETFs. Since the broker charges no account opening, deposit, or withdrawal fees, traders may effectively manage their funds.

CFDs are complex instruments, due to leverage retail accounts lose money. Im not sure if i used the same broker or its brand sharing affiliate but the experience was not bad for my us30.daily and nas100.daily considering it good platform even if I had support response delays With more than 42 million accounts spread across 180 countries, multi-regulated broker Octa provides a wide range of trading options across asset classes. Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further. The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time.

• For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders.
• They didn’t solve this issue till now, I want my amount to be credit to trading amount.
• Forex trading carries a high level of risk and may not be suitable for all investors.
• Beginning and expert traders can use the Octa web platform because of its easy-to-use interface.
• However, during my tests, I found that spreads on some popular instruments were higher than the industry average.

With regulation by CySEC and the Mwali International Services Authority, traders can trust OctaFX for secure and compliant operations. These services empower OctaFX users to refine their skills, maximise profits, and benefit from a collaborative trading environment. OctaFX provides a range of account types to cater to different trader profiles, ensuring flexibility and inclusivity. Furthermore, OctaFX adheres to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies, requiring account verification through valid identification and proof of address.

Account Types and Features

By being regulated across multiple jurisdictions it allows Octa to provide retail financial services to traders across 180 countries. The demo account is unlimited in funds as you can top it up should you need more virtual currency, and has no expiration date. This could include opening an account with Octa Markets Cyprus Ltd, or Uni Fin Invest which is Octa’s Mauritius entity.

The copy trading platform is also a bonus, which is the perfect opportunity to mirror the trades of 1,500 traders and leverage their experience to profit from leveraged markets. It’s good to see Octa offer MetaTrader 4 as it is one of the most recognised trading platforms for retail forex traders in Malaysia thanks to its advanced charting tools. This is the first time I’ve seen swap-free accounts for all traders, regardless of location and beliefs, making Octa a truly low-cost broker by avoiding these fees. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. I opened an Octa trading account and tested the broker’s spreads, trading conditions, and platforms to see how they performed against 20 other brokers. Traders can use these accounts to test strategies, explore the trading platforms, and familiarize themselves with market conditions before trading with real money.

Octa Features

Orbex is a credible and trustworthy broker with an overall average risk rating. Markets4you (Forex4you) is a trustworthy broker with a trust score of 70 out of 100. Yes, OctaTrader is designed to be beginner-friendly with intuitive features, and the OctaVision AI tool helps enhance trading skills for all levels. To become an IB, simply apply through the Octa platform, share your referral link, and start attracting clients to earn commissions. Octa supports a wide range of payment methods, including Neteller, Skrill, Bitcoin, Ethereum, Visa, MasterCard, and many others. Yes, you can withdraw the bonus once you meet the required trading volume.

Range of investments

This allows you to start trading faster with instant deposits and receive your funds faster through the same-day withdrawals. The range of deposit methods is decent, covering traditional, e-wallet and crypto, giving you a great choice of how to deposit (and withdraw) with no fees. Overall, the account opening process took 3 minutes which is the fastest application I have completed for opening a live trading account. I found the account opening process to be rather straightforward where you complete an application filling your personal details and choose the platform you wish to work with. Octa offers the basic options when it comes to funding your account through traditional methods and some crypto options.

Your account may be eligible for certain CySEC protections – in the extraordinary event of Octa Markets Cyprus Ltd.’s bankruptcy, for example, you’ll be protected for up to 20,000 euros from the Investor Compensation Fund (ICF). Octa is an up-and-coming broker that has been in operation for nearly 10 years. There’s no question – if Octa wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. I’d also like to see a deeper level of organization; arranging the educational content by experience level would balance the overall experience.

What account types are available with Octa?

Dear Kevin Price,We’re sorry to hear you experienced difficulties on the Octa platform. I would hate to take this social media platforms exposing the operations of this company and their unethical behavior towards their clients!!! Dear Srivignesh,Thank you for taking the time to leave your feedback.We’re sorry your experience on the Octa paltform is not as positive as you expected. Dear Amit Sharma,We’re truly sorry to hear that you’ve experienced difficulties on the Octa platform. Dear Aryansh Kulshreshtha,Thank you for taking the time to leave your review.We have thoroughly checked your case and see that https://lunarcapital.team/ your account was undergoing a basic internal check.

Octa Fees are ranked low based on our testing and compared to over 500 other brokers. Those who follow Islamic financial principles or traders who want to minimize overnight financing expenses will especially benefit from this function. Due to this traders will no longer hesitate to use mid-term and long-term stategies. Octa works on a spread-only basis; hence, separate commissions for trading are not paid.

I was most impressed by OCTA’s AI-powered market research and comprehensive educational content. All information on 55brokers.com is only published for general information purposes. Forex trading carries a high level of risk and may not be suitable for all investors. Save my name, email, and website in this browser for the next time I comment. The representative claims that he has a Bot that manipulates forex signal that gives profits. I’m really grateful for this help and hope our cooperation will last a long time!

Octa offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. Check out my guide to the best free forex trading courses to see my favorite sources of free forex education. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out Octa’s educational offering.

The Trustpilot Experience

However, traders may be charged third-party processing fees—which Octa has no influence over. Octa maintains a clear fee structure, mostly focusing on trading expenses and thereby minimizing non-trading fees. Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees. For traders—especially scalpers—this low spread structure is helpful since it lowers the total trading expenses and increases profit possibilities. Fee table see below, also always consider other than trading fees like funding fees and inactivity.

Reviews

The offering could be even better if OCTA adds some low-risk securities, such as ETFs or bonds, which are typically preferred by swing traders. To achieve this, we evaluate the availability of the necessary features and tools. Concerning OCTA’s drawbacks, I would single out its high crude oil spread and lack of a raw spread account. Traders can engage with 273 CFD instruments and 100+ US stocks for value investing. Another great perk is its streamlined OctaTrader platform, which is available as a pleasant alternative to MetaTrader 4 and MetaTrader 5.

They can also benefit from OCTA’s robust market research, layered educational content, and user-friendly trading platform. The OctaTrader platform is integrated with the ‘Space’ section, which includes advanced market analytics and actionable trading signals that can be copied directly on the chart. The person offers bitcoin trading where within 24 hours you can earn 10 times your invested funds e.g. $200 gives $2000. It was my first time to use the copy trading service as a strategy provider, and it was exciting and worrying for me, but the technical support helped me a lot and explained all the subtleties.

Octa ensures traders’ easy access to help by offering several lines of communication. Octa customer support provides its clients with 24-hour live support available through live chat, email, and phone support in various languages. Octa is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Octa charges no internal withdrawal fees; third-party processing costs could apply.

With versatile accounts and a hassle-free setup process, OctaFX offers an inclusive trading environment suitable for traders worldwide. In terms of trading platforms, the broker supports MetaTrader 4, MetaTrader 5, and the proprietary OctaTrader. The broker offers access to 300+ trading instruments, including forex currency pairs, commodities, indices, cryptocurrencies, and stocks.

Opened my live account because of LunarCapital AI features that seemed really cool. The broker that can be trusted, not manipulative with fees and orders. Since I switched to LunarCapital, I must say everything started getting better, from xp to trading performance. Octa offers a range of trading opportunitites mostly targeted on Contracts for Difference (CFDs) among several asset classes, however there is no classsic Investment Plans or Opportunitites provided by OctaFX.