OctaFX Review

Lisa Martinez

Written by

Lisa Martinez
James Wilson

Fact Checked by

James Wilson

Updated

Jan 4, 2026
Broker review header

4.1

Trust Score: 4.1/100

Based on regulatory status, company history, and financial transparency

  • Best Copy Trading 2026
  • Swap-Free for All
  • Space Analytics
  • Low Spreads

Founded

2011

Headquarters

St. Vincent / Cyprus

Why choose OctaFX

OctaFX continues to be a favorite in 2026 for beginners and copy traders, refining its 'Space' analytics and offering low entry barriers with no swaps.

Pros

  • Swap-free on all accounts
  • Excellent mobile app
  • Great copy trading community

Cons

  • Limited instrument range (cfd only)
  • Offshore focus
OctaFX logo

OctaFX

Save Wishlist's

Popular choice

Min Deposit:

$500

Inactivity Fee:

No

Regulated:

Yes

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Low costs. 0.6 pips starting. No swaps is a huge saving for swing traders.

InstrumentStandardRaw/Pro
EUR/USD0.6 pips-
GBP/USD0.8 pips-
USD/JPY0.8 pips-
Gold0.25-

Inactivity

Free

Withdrawal

Free

Non-trading fees

Inactivity fee: No.

Regulated by CySEC (EU) and MISA (Offshore).

Regulatory Status

RegulatorCountryTier
CySECCyprus1
MISAMwali3
FSCASouth Africa2

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionICF (Cyprus).

Is regulated?

Yes, heavily regulated.

Find your safe broker

Fast, often instant. Crypto supported.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
CardInstantFree$25
CryptoInstantFree$50
Skrill/NetellerInstantFree$50

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
All1-3 HoursFree$5

Base Currencies

USD, EUR

MT4, MT5, OctaTrader.

Account Types

Account TypeMin. DepositKey Features
OctaTrader$25
  • Integrated App
  • No Swaps
MT4$25
  • Habitual Traders
  • No Swaps
MT5$25
  • Smart Trader
  • Stocks

Verification Steps

  • Time to open: Minutes
  • Demo Account: Yes
  • Islamic Account: Yes
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OctaTrader app is a standout for ease of use.

App Features

  • Copy Trading
  • Market Insights
  • Space

MT4, MT5.

Supported Platforms

  • OctaTrader Web: Simple web.
  • MetaTrader 5: Advanced.

Compare platform providers:

OctaFX maintains a curated list of popular instruments. While not extensive, it covers the most traded assets including 35 currency pairs, major indices, and a good selection of 30 cryptocurrencies.

Available Instruments

0
Forex Pairs35
Indices10
Stocks150
Commodities5
Cryptos30

Leverage Limits

InstrumentMax Leverage
Forex500:1
Indices50:1
Stocks20:1
Crypto25:1

Got Questions?

Engage with our growing community of traders and investors like you to find your answers.

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Frequently Asked Questions

Yes, OctaFX is a legitimate broker regulated by CySEC (Cyprus) and MISA. It has been operating since 2011 and has won numerous industry awards.

OctaFX Copy Trading allows you to automatically copy the trades of expert 'Master Traders'. You can filter masters by risk score, gain, and history to find one that matches your goals.

Yes, OctaFX offers swap-free trading on all accounts, not just Islamic ones. This means no overnight fees are charged on orders held overnight.

The minimum deposit is very low, starting at just $25. This makes it highly accessible for beginners.

OctaFX often runs deposit bonus promotions (e.g., 50% deposit bonus) for non-EU clients. Check their website for current offers.

Yes, you can trade 30+ cryptocurrency pairs on OctaFX, including Bitcoin, Ethereum, and Litecoin, with leverage up to 1:25.

Withdrawals can be made via local bank transfer, credit card, crypto (Bitcoin, Tether), Skrill, and Neteller. Processing is typically very fast (1-3 hours).

No, OctaFX does not accept clients from the United States.

Space is OctaFX's analytics hub that provides trading ideas, market analysis, and educational content to help traders make better decisions.

Yes, OctaFX provides a free demo account that you can use to practice trading or test copy trading strategies.
Lisa Martinez

Lisa Martinez

CFDs • Options • Derivatives

Author of this review

Lisa began her career on the trading floor in London dealing in options and futures. With expertise in complex derivative products, she evaluates CFD brokers and educates traders on hedging strategies and product offerings.

CFD & Derivatives Analyst — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.

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