Octa
Octa (formerly OctaFX), active since 2011, holds CySEC, FSCA and MISA licences and offers commission-free, swap-free accounts plus copy trading.
Leveraged trading carries a high level of risk and you may lose all of your capital.
Key facts
- Trading platforms
- OctaTraderMT4MT5Mobile
- Account types
- OctaTraderMT4MT5
- Instruments
- ForexMetalsEnergiesIndicesStocksCrypto
- Deposit & withdrawal
- Bank CardE-walletsCryptoLocal Payment Methods
- Features
- Accepts IraniansPersian supportIslamic accountCopy tradingDemo account
Score breakdown
Each criterion is rated 0–5 by our editorial team.
- Trust & Regulation3.9
- Fees & Costs4.1
- Platform & UX4.0
- Deposit & Withdrawal4.4
- Support4.0
- Features & Range3.8
Full review
Octa, known until recently as OctaFX, was founded in 2011 and focuses on Asia, Africa and Latin America. It is known for simple, commission-free accounts.
Octa Markets Cyprus Ltd is licensed by CySEC (372/18), Orinoco Capital (Pty) Ltd by South Africa's FSCA (FSP 51913) and OCTA Markets LTD by MISA in the Comoros. International clients are generally onboarded via the Comoros entity, which is offshore regulation.
Octa offers three platform-based accounts: OctaTrader (proprietary), MT4 and MT5. All are commission-free with costs in the spread, which is floating and starts around 0.6 pips on majors. Accounts are swap-free by default and a copy-trading service is available.
The minimum deposit is $25 and Octa charges no deposit or withdrawal fees; methods include cards, e-wallets, crypto and local payment options. No active Persian-language site was found.
Last updated: Oct 6, 2026
Pros & cons
- CySEC and FSCA licences alongside offshore licence
- Commission-free, swap-free accounts
- No deposit/withdrawal fees
- $25 minimum deposit
- OctaTrader platform and copy trading
- No raw-spread account
- International clients via offshore entity
- Limited stock selection
- No Persian support
Licences & regulation
Tier 1 means the strictest oversight.
| Regulator | Authority | Tier | Licence no. |
|---|---|---|---|
🇨🇾CySEC Cyprus Securities and Exchange Commission | Cyprus Securities and Exchange Commission | Tier 1 | 372/18 |
🇿🇦FSCA Financial Sector Conduct Authority | Financial Sector Conduct Authority | Tier 2 | 51913 |
🇰🇲MISA Mwali International Services Authority | Mwali International Services Authority | Tier 3 | HY00623410 |
User reviews
- 5 stars0
- 4 stars0
- 3 stars0
- 2 stars0
- 1 stars0
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