OctaFX Valutazione complessiva
Classificazione | Peso | |
Valutazione degli utenti |
4,7 (49 Recensioni)
|
3 |
Popolarità |
2,8
|
3 |
Regolamento |
5,0
|
2 |
Valutazione dei prezzi |
4,0
|
1 |
Caratteristiche |
Non classificato
|
1 |
Assistenza clienti |
Non classificato
|
1 |
Pros
- High user rating of 4.7 out of 5
- Ranked 3 out of 1101 forex brokers based on user ratings
- Offers high leverage up to 1000:1
- Provides MetaTrader 4 and 5 platforms
- Wide range of tradable instruments including forex, crypto, and stocks
- Segregated client money ensuring funds are kept separated
Cons
- Does not provide its financials publicly
- Relatively high spreads on some instruments
We tested OctaFX using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.
Trustworthiness & Regulation
OctaFX, founded in 2011, has been in business for over a decade, making it a well-established broker. It has received a high user rating of 4.7 out of 5 from 48 total user reviews, 38 of which are from verified real trading accounts. Despite this, OctaFX is ranked 35 out of 1101 forex brokers by our experts, indicating there is room for improvement from a professional standpoint.
The broker operates under several regulatory frameworks. Octa Markets Cyprus Ltd is regulated by CySEC in Cyprus, which ensures segregated client money and provides a deposit compensation scheme. Other entities, such as Orinoco Capital (Pty) Ltd in South Africa and Octa Markets Ltd in Comoros, offer high leverage up to 1000:1 but do not provide a deposit compensation scheme.
Octa Markets Incorporated in Santa Lucia is non-regulated. This variety of regulatory standards might be a concern for some traders, although the broker ensures segregated client money and negative balance protection across all its entities.
OctaFX's popularity rating is relatively high at 3.8 out of 5, reflecting a strong presence in terms of account openings, client activity, and web traffic. It ranks 77 out of 1101 brokers for organic traffic, with 270,348 organic monthly visits.
However, it is important to note that even highly regulated and successful financial firms can fail, so always approach trading with caution.
Società | Licenze e Regolamenti | Denaro dei Clienti Segregato | Fondo di Compensazione del Deposito | Protezione del Saldo Negativo | Rimborsi | Leva massima per i clienti retail |
---|---|---|---|---|---|---|
Octa Markets Cyprus Ltd | fino a 20.000 € | 30 : 1 | ||||
Orinoco Capital (Pty) Ltd | 1000 : 1 | |||||
Octa Markets Ltd | 1000 : 1 | |||||
Octa Markets Incorporated
St Lucia |
1000 : 1 |
Deposit Insurance
OctaFX provides a deposit compensation scheme through its CySEC-regulated entity, Octa Markets Cyprus Ltd. This scheme compensates investors if the authorized financial firm fails.
However, for its other entities regulated in South Africa, Comoros, and Santa Lucia, OctaFX does not offer a deposit compensation scheme. Traders should consider this when choosing under which regulatory framework to open their accounts.
Spreads and Costs
OctaFX offers competitive spreads across various asset classes. When compared to other leading brokers, its average spreads are generally in line with industry standards.
For example, its forex average spread is 2.03 pips, which is comparable to other brokers such as Pepperstone (1.98) and IC Markets (1.56). In commodities, OctaFX's average spread is 0.24, slightly higher than IC Markets but competitive overall.
Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers
Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
---|---|---|---|---|
OctaFX – Standard | 13.60 | 2.03 | 5.22 | 0.24 |
HFM – Premium | 21.38 | 2.86 | 3.71 | 0.18 |
IC Markets – Standard | 9.09 | 1.56 | 1.30 | 0.10 |
XM – Standard | 39.15 | 2.71 | 3.73 | - |
FxPro – Standard | - | - | 2.55 | 3.27 |
Pepperstone – Standard | 11.21 | 1.98 | 2.13 | 0.11 |
Axi – Pro | 13.68 | 1.17 | 1.56 | 0.09 |
Note: Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD). Data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.
Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.
Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.
Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.
Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers
Broker - Account Type | BTCUSD | ETHUSD | EURUSD | USDJPY | GBPJPY | EURGBP | AUDNZD | CADCHF | AUS200 | US30 | XAUUSD | XAGUSD |
---|---|---|---|---|---|---|---|---|---|---|---|---|
OctaFX – Standard | 24.95 | 2.25 | 1.16 | 2.09 | 2.49 | 1.86 | 2.87 | 1.72 | 4.58 | 5.85 | 0.42 | 0.05 |
HFM – Premium | 39.13 | 3.61 | 1.78 | 2.51 | 3.95 | 2.13 | 3.81 | 2.99 | 1.41 | 6.00 | 0.32 | 0.04 |
IC Markets – Standard | 15.06 | 3.01 | 0.90 | 1.12 | 2.02 | 1.43 | 2.31 | 1.58 | 1.70 | 0.89 | 0.18 | 0.03 |
XM – Standard | 73.16 | 5.14 | 1.35 | 1.61 | 4.10 | 2.45 | 3.61 | 3.16 | 3.08 | 4.39 | - | - |
FxPro – Standard | - | - | 1.36 | 1.62 | 3.50 | 1.55 | 3.78 | 3.49 | 4.10 | 2.43 | - | - |
Pepperstone – Standard | 19.34 | 3.01 | 0.90 | 1.13 | 2.01 | 1.43 | 2.32 | 1.58 | 1.68 | 0.89 | 0.17 | 0.03 |
Axi – Pro | 25.07 | 2.30 | 0.53 | 1.14 | 1.81 | 0.71 | 1.40 | 1.46 | 1.20 | 2.00 | 0.16 | 0.02 |
Swap Rates/Financing Fees
Swap rates, or financing fees, are costs incurred for holding a position overnight. Positive swap rates pay out to the trader, while negative swap rates cost money. OctaFX does not have data available for swap rates, making it difficult to assess its competitiveness in this area.
Comparing the average swap rates of leading brokers, Axi offers the best rates with the lowest average swap rates across various instruments.
Broker | Best | Average | NZDUSD Swap Short | NZDUSD Swap Long | USDJPY Swap Short | USDJPY Swap Long | XAUUSD Swap Short | XAUUSD Swap Long |
---|---|---|---|---|---|---|---|---|
OctaFX | - | - | - | - | - | - | - | - |
HFM | - | -7.43 | -0.14 | -0.15 | -3.58 | 0.00 | 0.00 | -40.72 |
IC Markets | - | -2.27 | -0.10 | -0.14 | -2.59 | 1.25 | 20.78 | -32.84 |
XM | - | -5.29 | -0.15 | -0.19 | -3.73 | 1.12 | 19.67 | -48.45 |
FxPro | - | -4.03 | -0.14 | -0.15 | -3.33 | 1.02 | 19.15 | -40.75 |
Pepperstone | - | -3.00 | -0.14 | -0.14 | -2.70 | 1.30 | 22.99 | -39.29 |
Axi | Best | -1.57 | -0.04 | -0.13 | -2.65 | 1.40 | 20.00 | -28.00 |
Does OctaFX Offer Islamic/Swap-free Accounts?
OctaFX offers Islamic swap-free accounts, designed for traders who cannot receive or pay interest due to their religious beliefs. These accounts operate without swap or rollover interest on overnight positions, aligning with Sharia law.
To open an Islamic account with OctaFX, traders need to select the option during the account registration process. More information can be found on the OctaFX's website.
Other Fees
In addition to spreads and swap rates, OctaFX may charge other fees. Based on top internet sources:
Fee Type | Details |
---|---|
Withdrawal Fee | OctaFX does not charge a fee for most withdrawal methods, but certain methods might incur a fee based on the service provider's charges. |
Inactivity Fee | No inactivity fees are charged by OctaFX. |
Comparison to other Brokers
OctaFX stands out with its high user ratings and competitive spreads across various asset classes. However, other than Cyprus CySEC it lacks regulation from major financial authorities, which might be a drawback for some traders.
In comparison to other brokers like IC Markets and Pepperstone, which offer tighter spreads and higher regulatory standards, OctaFX's strengths lie in its user satisfaction and extensive range of trading platforms.
Its swap-free Islamic accounts and lack of inactivity fees add to its appeal. Despite these advantages, its lower expert rating and limited regulatory oversight should be carefully considered.
Trading Platforms - Mobile, Desktop, Automated
Platform | Type | Automated Trading | Programming Language |
---|---|---|---|
MetaTrader 4 | Desktop, Mobile, Web | Yes | MQL4 |
MetaTrader 5 | Desktop, Mobile, Web | Yes | MQL5 |
OctaTrader | Mobile, Web | No | - |
OctaFX offers a range of trading platforms to cater to different trader preferences. MetaTrader 4 and MetaTrader 5 are available for desktop, mobile, and web, supporting automated trading through MQL4 and MQL5 programming languages, respectively.
These platforms are renowned for their comprehensive charting tools, technical analysis, and ease of use for creating automated trading systems.
OctaTrader, the proprietary platform, is available for mobile and web trading but does not support automated trading.
What Can you Trade?
Asset Class | Number of Instruments |
---|---|
Forex CFD | 35 |
Crypto CFD | 34 |
Stock CFD | 150 |
Stock Index CFD | 10 |
Commodities CFD | 5 |
Shares (no leverage) | 100 |
OctaFX offers a diverse range of tradable instruments, including 35 forex CFDs, 34 crypto CFDs, 150 stock CFDs, 10 stock index CFDs, 5 commodities CFDs, and 100 shares with no leverage.
Traders can choose between CFDs and owning real assets, with CFDs allowing for leveraged trading, which can amplify both gains and losses. For more details on the available instruments, visit OctaFX's assets web page.
Available Leverage
OctaFX offers leverage up to 1000:1 for retail clients through its South African and Comoros entities, which is considerably high compared to industry standards. Under CySEC regulation in Cyprus, leverage is limited to 30:1, reflecting the regulatory requirements.
This high leverage provides traders with the potential to significantly amplify their trading positions. However, it's essential to understand the risks associated with high leverage, as it can lead to substantial losses as well as gains.
Prohibited Countries
OctaFX cannot open client accounts for residents of several countries, including the USA, Canada, Belgium, and several other jurisdictions where financial regulations prohibit or restrict its services. For a complete list of prohibited countries, it is advisable to visit the broker's website.
OctaFX Tipi di conto
OctaTrader | MetaTrader 5 | MetaTrader 4 | |
Leva massima | 1000:1 | ||
Piattaforma mobile | Proprietary | MT5 Mobile | MT4 Mobile |
piattaforma di trading | Proprietary | MT5 | MT4 |
Tipo di spread | Variable Spread | Fixed Spread , Variable Spread | |
Deposito minimo | 25 | ||
Volume minimo di trading | 0,01 | ||
Trailing stop | |||
Scalping consentito | |||
Hedging consentito | |||
Conti islamici |
OctaTrader | |
Leva massima | 1000:1 |
Spread tipico | 0.7 pips |
piattaforma di trading | Proprietary |
Piattaforma mobile | Proprietary |
Tipo di spread | Variable Spread |
Deposito minimo | 25 |
Volume minimo di trading | 0,01 |
Trailing stop | |
Scalping consentito | |
Hedging consentito | |
Conti islamici |
MetaTrader 5 | |
Leva massima | 1000:1 |
Spread tipico | 0.5 pips |
piattaforma di trading | MT5 |
Piattaforma mobile | MT5 Mobile |
Tipo di spread | Variable Spread |
Deposito minimo | 25 |
Volume minimo di trading | 0,01 |
Trailing stop | |
Scalping consentito | |
Hedging consentito | |
Conti islamici |
MetaTrader 4 | |
Leva massima | 1000:1 |
Spread tipico | 1.1 pips |
piattaforma di trading | MT4 |
Piattaforma mobile | MT4 Mobile |
Tipo di spread | Fixed Spread Variable Spread |
Deposito minimo | 25 |
Volume minimo di trading | 0,01 |
Trailing stop | |
Scalping consentito | |
Hedging consentito | |
Conti islamici |
OctaFX Traffico web
I dati sul traffico web provengono da SimilarWeb e sommano i dati di traffico di tutti i siti web associati a un broker. Le visite organiche sono visite che il broker non ha pagato, basate sui dati disponibili. Questi dati si aggiornano mensilmente e possono basarsi su dati acquistati da fornitori di servizi internet, metriche di traffico fornite da terzi come Google Analytics che l'azienda sceglie di condividere con SimilarWeb, ecc.
Siti web |
octafx.com
octaeu.com
|
Visite mensili organiche | 10.511 (99%) |
Classifica del traffico organico | 265 su 827 (Broker di mercati valutari) |
Visite mensili pagate | 91 (1%) |
Totale visite mensili | 10.602 |
Tasso di rimbalzo | 44% |
Pagine per visita | 3,02 |
Durata media delle visite | 00:00:38.5510000 |
OctaFX Profilo
Nome società | Octa Markets Incorporated |
Categorie | Broker di mercati valutari |
Categoria primaria | Broker di mercati valutari |
Anno di istituzione | 2011 |
Sede centrale | St Lucia |
Sedi degli uffici | Cipro, St Lucia |
Valuta conto | EUR, USD, BTC, LTC, USDT |
Lingue per assistenza | Cinese, Inglese, Tedesco, hindi, indonesiano, portoghese, spagnolo, tailandese, vietnamita, Urdu |
Metodi di finanziamento | Bank Wire, Bitcoin, FasaPay, Neteller, Perfect Money, Skrill |
Strumenti finanziari | Mercato valutario, Azioni / Equities, Indici, Petrolio / Fonti di energia, Criptovalute, Metalli preziosi |
Recensioni degli utenti di OctaFX
Le valutazioni degli utenti più recenti hanno un impatto maggiore rispetto a quelle più antiche e le valutazioni degli utenti non hanno alcun impatto dopo oltre 5 anni. Quanto maggiore è il numero di recensioni raccolte dalla società, tanto maggiore è la valutazione aggregata massima possibile degli utenti. Dopo 100 recensioni, una società può ricevere la valutazione più alta, che è una media delle valutazioni dei suoi utenti.
OctaFX Regolamenti / Protezione del denaro
Società | Licenze e Regolamenti | Denaro dei Clienti Segregato | Fondo di Compensazione del Deposito | Protezione del Saldo Negativo | Rimborsi | Leva massima per i clienti retail |
---|---|---|---|---|---|---|
Octa Markets Cyprus Ltd | fino a 20.000 € | 30 : 1 | ||||
Orinoco Capital (Pty) Ltd | 1000 : 1 | |||||
Octa Markets Ltd | 1000 : 1 | |||||
Octa Markets Incorporated
St Lucia |
1000 : 1 |
OctaFX Simboli
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