OctaFX Broker Review: Simple & Fast Trading

Q: Is Copy Trading available?

Yes, the Octa Copy app allows you to automatically copy the trades of professional "Master Traders". You can monitor performance and stop copying at any time.

4.7/ 5.0

|Since 2011

Last updated: January 30, 2026

🐙 Octa (formerly OctaFX) is a global fintech broker favored by millions for its simplicity. It offers Commission-Free trading on all accounts, high leverage up to 1:1000, and the innovative OctaTrader platform with built-in "Space" analytics. Best known for its fast execution and accessible Copy Trading.

Open Account

Min Deposit

$25

Withdrawal Fee

Deposit Fee

Countries

Broker Overview

🏆 Why Octa is the "People's Broker"?

Rebranded simply as "Octa", this broker focuses on removing barriers. With a low minimum deposit of $25 and no hidden commissions, it is designed for accessibility. It is widely recognized in Asia and Africa for its localized support and fast withdrawals.

🚀 OctaTrader & "Space"

Octa’s proprietary platform, OctaTrader, is built for speed. It features "Space"—a unique, gamified analytics hub that provides trading ideas, trend analysis, and educational content directly within the chart interface.

🤝 Master Copy Trading

The Octa Copy app is one of the easiest ways to start investing. You can filter "Master Traders" by risk score and profit, and automatically copy their positions with a customizable investment amount.

🛡️ Key Advantages

✅ No Swaps - Almost all accounts offer Swap-Free options (check regional availability).
✅ No Commission - All costs are built into the spread, keeping calculations simple.
✅ 1:1000 Leverage - Maximize your potential with high leverage on Forex.

Pros & Cons

Pros

Leverage up to 1:1000
No Commission on Trades
Minimum Deposit $25
OctaTrader with "Space" Analytics
Excellent Copy Trading App
50% Deposit Bonus
Swap-Free Trading (Islamic Friendly)
Local Bank Transfers (Indonesia/India/Nigeria etc.)
Crypto Deposits & Trading
Fast Withdrawals (often 1-3 hours)
Educational Webinars
Negative Balance Protection
Supports MT4 and MT5
"Trade and Win" Loyalty Program

Cons

No "Raw ECN" account (spreads only)
Limited stock selection compared to big brokers
UK and USA clients not accepted
Offshore regulation for high leverage
Web platform is simpler than desktop apps

General Information

Max Leverage

1:1000

Spreads From

0.6 pips

Execution Models

Market Execution (STP)

Deposit Currencies

USD

EUR

Local Currencies (Converted)

Support Languages

English

Indonesian

Malay

Hindi

Urdu

Thai

Vietnamese

Spanish

Portuguese

Chinese

Auto Trading

Octa Copy

Expert Advisors (MT4/MT5)

Contact Information

support@octafx.com

+1 784 454 4437 (Global)

Account Types Overview

Platform-Based Accounts

Octa simplifies its offering by linking account types to platforms:

🟢 OctaTrader Account

Best for: Modern Traders & Mobile Users.
Structure: Zero Commission. Spreads from 0.6 pips.
Feature: Integrated "Space" analytics.

🔵 MetaTrader 4 (MT4)

Best for: Traditional Forex Traders.
Structure: Zero Commission. Spreads from 0.6 pips.
Min Deposit: $25.

🔴 MetaTrader 5 (MT5)

Best for: Stock Traders.
Structure: Same low costs, but adds Stocks & Indices.
Leverage: 1:1000 (FX), 1:200 (Crypto).

Payment Methods

Deposit Methods

Visa

Mastercard

Cryptocurrency

Skrill

Bank Wire Transfer

Withdrawal Methods

Visa

Mastercard

Cryptocurrency

Neteller

Bank Wire Transfer

Regulation Information

Octa Global Regulation

Octa operates globally via several entities:

MISA (Mwali): Octa Markets Incorporated (License HY00623410) - Global Entity.
CySEC (Europe): Octa Markets Cyprus Ltd (License 372/18).
FSCA (South Africa): Orinoco Capital (Pty) Ltd (FSP 51913).

Commission & Fees

Fees & Spreads

Octa uses a commission-free model:

All Accounts: $0 Commission. All fees are included in the spread.
Spreads: Floating from 0.6 pips (EURUSD avg ~0.9 pips).
Swaps: Most accounts are Swap-Free (no overnight fees), replaced by administration fees only on long-term holds.
Deposit/Withdrawal: 0% Fees on all methods.

Trading Platforms

MetaTrader 4

MetaTrader 5

OctaTrader

Octa Copy

Frequently Asked Questions

What is OctaTrader?

OctaTrader is Octa's custom-built trading platform designed for seamless mobile and web trading. It integrates the "Space" feed, which provides instant market insights and trading ideas.

Does Octa charge commissions?

No, Octa operates a commission-free model on all its main accounts (MT4, MT5, OctaTrader). All trading costs are included in the spread.

What is the maximum leverage?

Octa offers leverage up to 1:1000 for Forex pairs on its global entity (Mwali/St. Vincent), allowing traders to control large positions with small capital.

Is Copy Trading available?

Yes, the Octa Copy app allows you to automatically copy the trades of professional "Master Traders". You can monitor performance and stop copying at any time.

Start Trading