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Octa Review

Simple and popular across Asia
★★★★★★★★★★ 4.4 / 5
Visit Octa →
Trading involves risk of loss
XAUUSD spread0.16
Min deposit$25
Max leverage1:1000
Founded2011
Rating4.4/5

Overview

Octa (formerly OctaFX, 2011) is a simple, no-commission broker popular in South and Southeast Asia, regulated by CySEC and FSCA.

Pros

  • No commission on standard accounts
  • Low $25 minimum
  • Simple, clean apps
  • CySEC and FSCA regulation
  • Copy trading

Cons

  • Fewer account types and instruments
  • Mid-range gold spreads
  • Not available to US clients

Gold (XAUUSD) trading conditions

XAUUSD from around 0.16 with no separate commission keeps things simple, which suits casual and swing traders more than heavy scalpers.

Key facts

Regulation
CySEC, FSCA, FSA
Platforms
MetaTrader 4, MetaTrader 5 and the OctaTrader app.
Account types
A single, simple account model plus copy trading.
Deposits
Local bank methods and e-wallets, strong in Asia.

Verdict

A simple, low-friction broker for casual traders. Best for beginners and swing traders in Asia who value ease of use.

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Disclaimer: This review is editorial and for information only, not investment advice. The rating reflects our assessment of regulation, cost, execution and reputation. Spreads are indicative and can change. The link above may be a partner link. Trading forex and gold on leverage carries a high risk of losing money; always confirm the broker accepts your country and check your local regulator first.