Octa — Rebranded from OctaFX in 2023; commission-free offshore broker focused on Asia, Africa and LATAM with copy trading.
Octa at a glance
| Founded | 2011 |
|---|---|
| Headquarters | St Vincent & the Grenadines / Limassol |
| Regulation | CySEC (EU entity), FSCA, MISA; SVG international |
| Min deposit | $25 |
| EUR/USD spread | ~0.6-0.9 commission-free |
| Max leverage | 1:1000 offshore, 1:30 EU |
| Platforms | MT4, MT5, OctaTrader |
| Instruments | forex, indices, commodities, crypto, stocks |
| US clients | Not accepted |
| WebTrader score | 62 / 100 |
Our verdict
Octa scores in our ranking, which weights regulatory strength and execution quality first. Verify current conditions on the official site — spreads and leverage vary by entity and region.
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70-80% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. Nothing on this site is investment advice.