Octa Overview

Octa (formerly OctaFX) serves emerging markets well. Simple structure, reliable service.

CySEC regulation. Two main accounts with $25 minimum. Spreads from 0.6 pips on floating accounts. Leverage reaches 1:500.

MT4 and MT5 plus their mobile app. OctaTrader for copy trading. Regular contests. Educational materials in Arabic. Islamic accounts available.

Pros:

  • Low minimum deposit
  • Fast withdrawals
  • Good Arabic support
  • Active copy trading community
  • No commission on standard accounts

Cons:

  • Single regulator
  • Limited customization
  • Basic advanced education
  • Higher swap rates