Octa review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Octa is a Cyprus regulated broker for traders who want to trade forex, contracts for difference, crypto and metals with no commission per trade. It suits short term positions and EU based clients, though 66% of retail accounts lose money and protection stops at EU ICS up to EUR 20,000.
Key facts
- Best for
- Short term traders in forex, contracts for difference, crypto and metals who want a commission-free account and a small entry deposit.
- Minimum deposit
- $25↗
- Stock trade fee
- $0↗
- Inactivity fee
- $0↗
- Markets
- Forex, CFDs, Crypto, Metals↗
- Regulators
- CySEC↗
- Investor protection
- EU ICS up to EUR 20,000↗
- Retail accounts that lose money
- 66%↗
- EUR/USD spread
- 0.9%↗
- Deposit and withdrawal fees
- No deposit or withdrawal fees↗
- Platforms
- MT4, MT5, OctaTrader, CTrader↗
- Maximum retail leverage
- 1:30↗
- Legal entity
- Octa Markets Cyprus Ltd↗
- Founded
- 2011↗
- Features
- Crypto
- Pricing model
- Commission-free
- Official website
- octaeu.com
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- Trading runs on a commission-free model, commission free, and the stock trade fee reads $0, so there is no per-trade charge to argue about.
- The inactivity fee is $0, placing Octa at 1 of 56 on that measure, so a dormant account costs nothing.
- Funding and withdrawals are covered by No deposit or withdrawal fees, so moving cash in or out carries no separate bill.
- Client balances sit with Octa Markets Cyprus Ltd under CySEC, with scheme cover of EU ICS up to EUR 20,000.
Cons
- The $25 minimum deposit is higher than CFI's $0, so CFI is the easier broker for a first small trading account.
- On minimum deposit Octa ranks 123 of 218, so the entry point sits in the middle of the field rather than among the lowest asked for.
- Trading outcomes dominate the cost picture: Octa's retail loss figure of 66% is close to the forex broker median of 72.13%, so a low fee does not mean a low risk.
- Protection stops at EU ICS up to EUR 20,000, so a balance held above that ceiling carries nothing from the scheme.
Who it suits
- Traders who pay no commission, since Octa runs a commission-free model, commission free, with a $0 stock trade fee.
- People trading forex, contracts for difference, crypto or metals, forex, cfds and crypto, who want a choice of platforms, MT4, MT5 and OctaTrader.
- EU traders who care about regulation: CySEC in Cyprus with scheme cover of EU ICS up to EUR 20,000.
Who should look elsewhere
- Anyone starting from a very small sum, since CFI's minimum deposit of $0 sits below Octa's $25.
- People who want an everyday balance rather than a trading account, where bunq opens at €10 and carries no trading markets.
- Readers looking at credit in Mexico, since Fiesta Credito MX is overseen by CONDUSEF and does not offer a forex, metals or crypto account.
Getting started
The account opens from $25. Funding it and taking money back out are covered by No deposit or withdrawal fees, so the deposit itself is the only entry cost and adding to the balance later carries no separate charge.
Fees and currency costs
No deposit or withdrawal fees apply to funding and withdrawing, so the costs that remain on a retail account are an entry floor of $25, a stock trade fee of $0 and an inactivity fee of $0. The figure that moves with the market is the euro against the dollar spread of 0.9%, which sets the cost of every short position.
Markets and platforms
Octa covers forex, contracts for difference, crypto and metals, forex, cfds and crypto. That is a short instrument list aimed at active traders rather than long term investors. Accounts run on MT4, MT5, OctaTrader and cTrader, MT4, MT5 and OctaTrader, so the platform choice is wider than the market choice and you can use the one you already know.
Safety of your money
Octa is regulated by CySEC in Cyprus, and client balances are covered by the EU investor compensation scheme: EU ICS up to EUR 20,000. The stated ceiling is what the scheme would return if the firm failed, so it is the number to weigh before adding more than that to a single account.
Who runs it
The account is held with Octa Markets Cyprus Ltd, which has been trading since 2011. A named company matters here because the counterparty holding the balance is the real exposure, and the regulation and the compensation scheme attach to this legal entity rather than to a trading name.
How Octa compares
9.0 vs 9.4
9.0 vs 8.7
9.0 vs 8.3
9.0 vs 8.5
9.0 vs 9.4
9.0 vs 9.3
9.0 vs 8.7
9.0 vs 9.2
9.0 vs 8.7
9.0 vs 8.6
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.0
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.1
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 8.8
Where Octa is available
- Available
- Everywhere except United States
- Licence in Cyprus
- CySEC, checked September 26, 2026
Frequently asked questions
What is the minimum deposit at Octa?+
Accounts open from $25, below the median minimum deposit of €22.58 across the forex brokers in this comparison. On the minimum deposit table Octa sits at 123 of 218, so the deposit is modest rather than the lowest asked for in the group.
What does a trade cost at Octa?+
The stock trade fee reads $0 and Octa runs a commission-free model, commission free, so no per lot charge is added to a position. What a trader does pay is the spread, 0.9% on the euro against the dollar, and that figure decides whether a short hold is worth taking.
Are there fees for depositing or withdrawing?+
Moving cash in or out is covered by No deposit or withdrawal fees, so funding an account and drawing it back down carry no separate bill. The running cost sits in the spread on the euro against the dollar, 0.9%, and in the stock trade fee, $0.
Is my money safe at Octa?+
Octa is regulated by CySEC in Cyprus, and client balances are covered by the EU investor compensation scheme: EU ICS up to EUR 20,000. The stated ceiling is what the scheme would return if the firm failed, so a balance held above that figure carries no cover from it.
What can I trade on Octa?+
The market list covers forex, contracts for difference, crypto and metals, forex, cfds and crypto. Accounts run on MT4, MT5, OctaTrader and cTrader, MT4, MT5 and OctaTrader, so the same balance can be traded on the platform you already know or on the broker's own app.
Does Octa charge an inactivity fee?+
The inactivity fee is $0, which places Octa at 1 of 56 on that measure in this comparison. A dormant account therefore costs nothing to leave open, which is not the norm among brokers that charge for unused balances.
How much leverage does Octa allow?+
Retail leverage is 1:30, a ratio that turns a small move in a currency or index into a large one in either direction. 66% of retail accounts lose money here, so position size is worth settling before the first order rather than after it.
Who runs Octa?+
The account is held with Octa Markets Cyprus Ltd, which has been trading since 2011. The Cyprus company is the entity the licence names, so the regulation and the compensation scheme attach to it rather than to a trading name used elsewhere.
Sources
- en.octapk.info/currency-trading-forex checked September 26, 2026
Backs: Deposit and withdrawal fees, Minimum deposit, Pricing model, Stock trade fee
“No deposit or withdrawal fees”
- tradersunion.com/brokers/forex/view/octafx checked September 26, 2026
Backs: Inactivity fee
“there are no deposit, withdrawal, or inactivity fees”
- octaeu.com checked September 26, 2026
Backs: Investor protection, Legal entity, Regulators, Licences
“Octa Markets Cyprus Ltd Risk Disclosure”
- octaeu.com/spreads checked September 26, 2026
Backs: EUR/USD spread, Features, Markets, Maximum retail leverage, Retail accounts that lose money
“EURUSD Typical spread 0.9”
- wikifx.com/en/newsdetail/202509111314599515.html checked September 26, 2026
Backs: Founded, Platforms
“operates on the financial market since 2011”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Account fee.
Octa
Short term traders in forex, contracts for difference, crypto and metals who want a commission-free account and a small entry deposit.