| Updated: November 5, 2025- Jump to:
- Regulations
- Trading Instruments
- Trading Platforms
- Payment Methods
- Account Types
- Support
- Conclusion
OctaFX is a retail CFD broker that has been serving traders since 2011. Operating under a mid-tier EU licence and a lightly supervised offshore entity, the brand focuses on tight spread trading via MetaTrader 4, MetaTrader 5 and its proprietary OctaTrader web & mobile suite. The broker keeps the entry barrier low with a minimum deposit of $25, leverage of up to 1:500 (global) or 1:30 (EU), and commission-free pricing. Available products include CFDs on forex, metals, energies, indices, cryptocurrencies and a small selection of US shares.
Client money is kept in segregated accounts, and negative balance protection is offered on both entities. However, only the CySEC-regulated arm is covered by an investor compensation scheme; the offshore company offers no such safety net. Traders should therefore weigh the convenience of higher leverage and broader country coverage against the weaker regulatory protections outside the EU.
| General Information about OctaFX | |
|---|---|
| Min. Deposit | $25 |
| Supported Languages | N/A |
| Supported Currencies | EUR, USD |
| Website | https://www.octafx.com/ |
| Support Email | support@octacs.one |
| Headquarters Address | 2 Ncondo Pl, Umhlanga Ridge, Durban, 4320, South Africa |
Regulations
The OctaFX brand is operated by two distinct legal entities. The global website (octafx.com) is run by Octa Markets Incorporated, company number 19776 IBC 2010, registered in Kingstown, St Vincent & the Grenadines. The Financial Services Authority of St Vincent offers registration but no prudential or conduct oversight, so this entity is effectively unregulated.
EU clients are handled by Octa Markets Cyprus Ltd, company number HE 359992, authorised by the Cyprus Securities and Exchange Commission (CySEC) under licence number 372/18 (first issued 29 June 2018). The company’s registered office is 359, 28th October Street, Harbour Prime Building, 1st Floor, Neapoli, 3107 Limassol, Cyprus. CySEC oversight brings capital adequacy checks, conduct rules and membership of the Investor Compensation Fund (ICF), which covers eligible retail losses up to €20,000 if the firm fails.
OctaFX states that client funds are kept in segregated accounts and that negative balance protection applies. Complaints are first assessed internally, after which unresolved EU disputes may be escalated to the Cyprus Financial Ombudsman. The SVG entity refers clients only to internal complaint handling and does not list an external dispute resolution scheme.
According to the legal pages, OctaFX does not accept residents of the United States, Canada, the UK or sanctioned jurisdictions, though the list of excluded countries is not exhaustive. No investor compensation or Ombudsman route is available for SVG clients, so users outside the EEA should be aware of the lower level of formal protection.
Trading Instruments
OctaFX offers a compact yet well-balanced CFD range covering the most-traded global markets. While the list will satisfy most forex and index traders, equity choice is limited to a handful of US tech names, and there are no bond or ETF CFDs.Forex trading
The broker lists 35 currency pairs encompassing majors, minors and a few exotics such as USD/ZAR. Spreads start from 0.6–0.7 pips on EUR/USD during active sessions, and leverage reaches 1:500 (SVG) or 1:30 (EU). Trading is available 24/5 with a brief daily maintenance break at 23:59–00:05 server time. OctaFX claims an STP execution model but does not publish fill ratios or slippage stats.
Metals trading
Clients can trade spot <strong>XAU/USD, XAG/USD</strong> and sometimes gold versus EUR or AUD on MT5. Leverage is capped at 1:200 offshore and 1:20 in the EU. Contract size is 1 lot = 100 troy ounces for gold and 5,000 ounces for silver. Weekend swap schedules match the underlying interbank conventions.
Energies trading
Brent and WTI crude oil are offered as cash CFDs with automatic monthly rollovers reflected in small positive- or negative-swap adjustments. The minimum lot is 0.01 (1 barrel), margin 1 % offshore (1:100) or 10 % in the EU (1:10). Energy markets can gap on Sunday opens, so the broker advises using stop-loss orders.
Index trading
OctaFX provides cash CFDs on major benchmarks such as <strong>US30, NAS100, SPX500, GER40, UK100 and JPN225</strong>. Typical spreads on NAS100 are 1.2–1.5 points in liquid hours. Dividends are adjusted daily in or out of the account balance. No futures-dated contracts are available, which limits long-term carry strategies that rely on fixed expiry pricing.
Share trading
Roughly 30–40 US stocks, including Apple, Tesla, Amazon and Meta Platforms, are listed as MT5 CFDs. Leverage is 1:20 (SVG) or 1:5 (EU). Corporate actions such as splits and cash dividends are mirrored through price adjustments and cash credits/debits. Trading hours follow the underlying NASDAQ/NYSE sessions with a two-minute break at close.
Cryptocurrency trading
Crypto coverage spans Bitcoin, Ethereum, Litecoin and Ripple versus the US dollar. Leverage is 1:50 offshore and 1:2 in the EU. Spreads are wider at night and over weekends, when underlying liquidity is lower. The broker reserves the right to switch markets to ‘close only’ mode during extreme volatility or exchange outages.
| Instrument | Spread |
|---|---|
| AUDUSD | AVG 0.7 pips |
| EURGBP | AVG 0.7 pips |
| EURUSD | AVG 0.9 pips |
| GBPUSD | AVG 0.7 pips |
| NZDUSD | AVG 1 pips |
| USDCAD | AVG 1.1 pips |
| USDCHF | AVG 0.9 pips |
| USDJPY | AVG 0.5 pips |
Trading platforms
 Platforms |
 PC / MAC |
 Smartphones |
 Tablets |
|---|---|---|---|
| MetaTrader 4 |   |   | |
| MetaTrader 5 | | | |
| Proprietary | | | |
| Trading Information | |
|---|---|
| Trading Platforms | MetaTrader 5, Proprietary Mobile, Proprietary Web |
| Demo Account |  |
| Hedging | |
| Scalping | |
| US Traders |  |
| Arabic Traders | |
OctaFX offers a mix of third-party and in-house platforms. MetaTrader 4 and MetaTrader 5 cover the classic desktop, web and mobile experience, while the proprietary OctaTrader delivers a lighter browser-based interface and Android/iOS apps. In addition, the broker runs its own Copytrading service, letting clients follow signal providers in a few taps. A free VPS is available for accounts that meet the minimum balance/lot requirements, and MAM/PAMM solutions are provided to qualified money managers.
MetaTrader 4
MT4 remains popular for discretionary forex trading and automated EAs, and OctaFX offers the full desktop package plus WebTrader and mobile apps. All default order types (market, four pending, stop loss, take profit) are supported, along with one-click trading from the chart. The broker advertises typical spreads from 0.7 pips on EUR/USD and no dealing-desk intervention, but does not publish execution statistics. Traders can install custom indicators and run EAs on the optional VPS for lower latency. The MT4 account currently provides access to forex, metals and energies only.
For strategy developers, OctaFX does not restrict algo trading or scalping on MT4, though its Client Agreement reserves the right to cancel orders executed on obvious price errors. Hedging is allowed, and stop-level distances are set at 0 points, giving day traders flexibility when placing protective orders near the market price.
MetaTrader 5
MT5 adds Depth of Market, two extra pending order types (buy stop limit, sell stop limit), partial order filling and a multi-threaded strategy tester. OctaFX enables trading in all its listed asset classes on MT5, including share and crypto CFDs that are not available on MT4. The platform supports up to 21 timeframes, netting or hedging modes, MQL5 marketplace signals and advanced economic calendar widgets. Copy trading via the built-in Social Trading tab is permitted in parallel with the broker’s own service.
OctaFX quotes leverage up to 1:500 on forex (SVG) or 1:30 (CySEC) and adjusts margin requirements dynamically over weekends or high-impact events. Swap-free mode is available on MT5, but an administration fee replaces overnight interest after a grace period, so religious traders should review the fee table carefully.
OctaTrader
Launched in 2022, OctaTrader is a proprietary web and mobile platform designed for quick order entry and easy account funding without leaving the interface. The charting package is lighter than MT5, offering nine timeframes, 30+ indicators and two chart types, yet covers most day-to-day analysis needs. Market, stop and limit orders are supported, with an integrated position overview and risk metrics.
Because OctaTrader is built in-house, new asset classes and tools (e.g., integrated copy trading widgets) tend to appear here first. Performance is browser-side, so no installation is required, making it suitable for Chromebook users or corporate desktops where software installs are restricted. The platform syncs with the broker’s back-office, so deposits, withdrawals and bonuses (where allowed) can be managed from the same screen.
Copy trading
OctaFX Copytrading is accessible via a separate web dashboard and within the mobile app. Investors browse a leaderboard of ‘Masters’ ranked by return, risk score and equity. The broker discloses historical performance, open trades and fee structures (fixed or profit share). Followers can set a balance protection level and stop copying at any time, though real-time slippage and latency must still be considered.
Master accounts need at least six weeks of live history and positive performance before becoming public, which reduces but does not remove selection risk. Copy fees accrue automatically and are debited when profit is realised. OctaFX reminds users that past returns do not guarantee future results, and high-leverage strategies can magnify losses as well as gains.
Payment methods
OctaFX supports a broad range of deposit and withdrawal rails. Globally, traders can use Visa/Mastercard, Skrill, Neteller, Perfect Money, Bitcoin, Ethereum and Tether, plus local online banking in Indonesia, Malaysia, Thailand, Nigeria and several Latin American countries. The publicly visible list may vary by IP, and a few regional options appear only after account login, so availability should always be confirmed in the personal area.
The broker states a minimum deposit of $25 (or currency equivalent) for the first top-up and no internal funding fees. Deposits via e-wallets and crypto are credited instantly or within minutes, while card payments may take ‘up to 30 minutes’. Bank transfers are processed within 1–3 business days, depending on the sending bank.
Withdrawals must generally be sent back to the original funding source up to the deposited amount, after which profits can be sent to another verified method. OctaFX advertises zero withdrawal fees and an average processing time of ‘1–3 hours’ on business days once internal checks are complete. External banking and blockchain network fees still apply.
Accounts can be denominated in USD, EUR or several local currencies (e.g., IDR, INR, NGN). Using the same currency as the funding source is advisable to avoid conversion charges. All withdrawal requests require two-factor authentication and, where applicable, selfie verification, aligning with the broker’s KYC and anti-money-laundering policies.
| Brand | Minimum | Fees | Processing Time |
 | $25 | None | Instant–30 min |
 | $25 | None | Instant–30 min |
 | $25 | None | Same day |
 | $25 | None | Instant |
 | $25 | None | Instant |
 | $25 | None | Instant |
 | $25 equivalent | None | 1–3 network confirmations |
| Brand | Minimum | Fees | Processing Time |
| $20 | None | 1–3 hours (broker); 1–5 days (bank) |
| $20 | None | 1–3 hours (broker); 1–5 days (bank) |
| $25 | None | Same day–3 days |
| $5 | None | 1–3 hours |
| $5 | None | 1–3 hours |
| $25 equivalent | None (network fees apply) | 1–3 hours processing + blockchain time |
Account types
OctaFX keeps its live offering simple: one account per platform, each using commission-free pricing with variable spreads. A free demo mirrors the live environment and can be reset or reopened without limit. Swap-free mode is available on request for MT4, MT5 and OctaTrader and can be toggled during account creation.
| Market | Leverage |
|---|---|
| Commodities CFDs | 1:400 (ISA) |
| Forex CFDs | 1:1000 (ISA) |
| Indices CFDs | 1:400 (ISA) |
| Stock CFDs | 1:40 (ISA) |
MetaTrader 4 account
The MT4 account is tailored to currency and metal traders looking for familiar charts and EA compatibility. Spreads start from 0.7 pips on EUR/USD, with no ticket commissions. Leverage goes up to 1:500 (global) or 1:30 (EU), and margin call/stop-out levels are 25%/15%. The minimum deposit remains $25, but OctaFX recommends $100 for smoother risk management. Because share and crypto CFDs are not listed on MT4, multi-asset traders may prefer MT5 or OctaTrader.
Execution is market-based, and the broker allows scalping, hedging and news trading, subject to its ‘no latency arbitrage’ clause. Stop levels are set at 0 points, which suits grid or martingale EA users who place orders close to the current price.
MetaTrader 5 account
MT5 covers the full OctaFX product range, adding indices, shares and crypto CFDs to the usual forex and metals line-up. Pricing remains spread-only, with typical spreads from 0.6 pips on majors during liquid hours. Swap-free mode exempts traders from overnight interest for seven days, after which a fixed administration fee applies per lot.
Leverage is capped at 1:200 on metals, 1:100 on indices and shares, and 1:50 on crypto (SVG). ESMA caps of 1:5 on crypto and 1:30 on forex apply to EU clients. Partial order fills and advanced order types make MT5 suitable for higher-frequency trading or strategies that require precise position sizing.
Islamic/swap-free account
Muslim clients can enable the swap-free option during registration or later via the personal area. No overnight interest is charged, but an administration fee is levied after a grace period (usually three nights) to cover liquidity costs. The fee schedule is instrument-specific and visible in the Account Settings panel. All other trading conditions, including spreads and leverage, mirror the standard MT4/MT5/OctaTrader accounts.
Demo accounts
Opening a demo requires only an email and password or social login. Traders can choose MT4, MT5 or OctaTrader, set virtual equity and leverage, and change these parameters later. Demo balances never expire automatically; they remain active as long as the user logs in at least once every 30 days. Historical price feeds match live quotes, so strategy testing is broadly representative, though real-world slippage and psychological factors are absent.
Support
OctaFX provides 24/5 multilingual live chat, email and ticket support. The live chat widget appears on every page and connects first to a bot that can escalate to a human agent within a minute during trading hours. Telephone support is no longer listed; instead, clients can request a callback through the help centre.
An extensive knowledge base covers platform setup, funding steps, promotions and legal questions. Articles are available in English, Spanish, Indonesian, Thai and several other languages. The broker also runs official Telegram and WhatsApp channels for company news, though account-specific queries are routed back to secure chat or email for privacy reasons.
Response quality is generally consistent, with most basic issues resolved on first contact. Complex matters such as trade disputes are forwarded to the Compliance team, which replies by email within one business day, according to the broker’s Client Agreement.
Conclusion
OctaFX blends tight spread trading on MT4/MT5 with a lightweight proprietary platform and a well-integrated copy trading service. Funding options are broad, costs are transparent, and the minimum deposit is friendly to beginners. EU traders benefit from CySEC oversight and ICF protection, while non-EU clients enjoy higher leverage but must accept weaker safeguards under the SVG entity.
The main trade-offs are this regulatory split and a product list that, while solid, is still narrower than multi-asset competitors offering thousands of share CFDs. OctaFX is therefore best suited to forex-centric traders who value low costs and familiar platforms, provided they are comfortable with the differing levels of investor protection depending on their jurisdiction.