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Octa

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7.7
(128 Reviews)

Founded: 2011 Min Deposit: 20 USD

Headquarters: Comoros Max Lev: 1 : 1000

Score
Business Scope
7.6
Trading Cost
7.5
Trading Platforms
7.6
Support
7.6
Licence Status

regulated by CySEC

CySEC 372/18
FSCA 51913
MISA T2023320
Authorised
Authorised
Authorised
Multiple Base Currencies Support
Deposit/withdrawal Problems
Multilingual Support
Fast Deposit
Fast Withdrawal
Multiple Account types
Tight Spread
Low Commission
Not for US Customers
High Leverage
Mohammad
2023-01-20
OctaFX is a reliable broker, I have been with them for a long time, and they fulfilled the obligations they gave me from the beginning. I regularly withdraw funds, open orders and complete transactions immediately. I think these are indicators of a good and reliable broker.
Oscar Adams
2022-11-24
Low spreads, fast execution, useful personal area and withdrawal funds. octafx is great!
Christoph Pratschke
2022-12-22
I have extensive experience in OctaFX trading. It is an honest and trustworthy broker who always serves customers. The service provided is excellent, the execution speed is also very fast, and there is no need to re-quote
EllenRodger
2022-10-20
octafx is a very good broker, but the spread is very high. Please consider carefully

Deposit and Withdrawal

7.5

Good

support crypto wallets

Features

Deposit/withdrawal Problems
Fast Deposit

See more
See more

Company and Service

7.6

Good

high spreads & good customer support

Features

Quick Response
Good Customer Service
Fast Registration
Profile
Headquarters Address
Bonovo Road – Fomboni, Island of Moheli, Comoros Union
Founded 2011
Broker Type
STP
Time Zone GMT+3
Credit Profile No information
Trading Platforms
MT4
OctaTrader,  MT4
MT5
OctaTrader,  MT5
Contact
No Data
Others
Website Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish,  Vietnamese
Customer Service By
Email,  Live Chat
Supported Language
Bengali,  Chinese(Simplified),  Chinese(Traditional),  English,  German,  Hindi,  Indonesian,  Malay,  Portuguese,  Spanish,  Thai,  Turkish

Related Complaints

Q&A Complaints

Overall Score

7.7
128 Reviews

Cost 7.5

Platforms 7.6

Deposit & Withdrawal 7.5

Customer Support 7.6

Indicates the average level of Brokers

Keywords for selection
High Spreads Bad/Unprofessional Customer Support Good/Professional Customer Support Reliable & Reputable

128 Reviews Clear filter

Boris Tebyanian
1-3 years Australia
I’m using this broker since 2023 and it’s been great for me
2025-05-30
Reply
Kowara Li
1-3 years Indonesia
Octa Forex was strange butI liked all the services they have. Every time when I need to find out something, I reach out to the sup[port team, they explain sometimes difficult things. They are good!
2025-05-24
Reply
Dorcas
7-12 months Singapore
There is no lack of octa reviews if you want to learn more about other traders experiences on the platform, and from what I saw here, the broker is fully reliable
2025-05-23
Reply
Liana Wangi Lesmana
1-3 years Indonesia
it’s mostly been a nice experience so far . The cost of trading here is decent, and the platform is easy to navigate. I do think there could be improvements in the deposit and withdrawal process, but customer support is great, and I feel confident with my trades here. It also has a great reputation with strong regulations
2025-05-18
1
Reply
Haani bin Haashim
1-3 years Malaysia
The broker is transparent in its processes, no problems, my trading there was stable. Some things are not as convenient and suitable for me. In general, though, I can say they’re trustworthy.
2025-04-28
Reply
Safiri Odili
1-3 years South Africa
I was really worried about if I could trust Octa and this wasn’t because it wasn’t regulated or anything casus I already checked the facts but due to the number of influencers that kept speaking about the broker especially in my region, I’m not even going to lie it definitely felt like paid promotion but I mean I just decided to give it a get go and I’m glad I did listen to them as the broker definitely has good trading conditions.
2025-04-25
Reply
Ethan Saragih
7-12 months Indonesia
Octa has exceeded my initial expectations which I had when I signed up with them. Initially, what attracted me to their platform was the absence of swap fees. At that time there were only a handful of brokers who offered no-swaps accounts. However, while being here i realised that the platform provides much more than just a low trading costs. Excellent selection of engines, of market range, and even educational resources and analytics are provided. All is good
2025-04-24
Reply
Linzell Hopkins
7-12 months South Africa
I’ve been trading with the octa broker for almost a year now and I didn’t regret joining here. Recently they added a new feature that made a noise in the trading community. This is the AI chart feature and being honest, I dropped my jaw when I saw how it can analyze the charts and identify trading patterns. It was incomprehensible to understand how to use it at first but after all, I dealt with it
2025-04-16
Reply
Casimer
1-3 years Singapore
I have been using Octa for a while now. The deposit and withdrawal is processed quick but sometimes takes longer than ususal. Support team is relaible and reposne has been quite helpful. A little bit of research would go a long way
2025-04-08
Reply
Agung Che
Over 3 years Malaysia
I remember I was surprised to find out that there’s no commission for withdrawals here, in addition to zero swaps and all the different types of bonuses that you can get for making a deposit seemed a little off at first. Still, after using octa for multiple years I haven’t had any complaints about the pricing. It is indeed quite reliable and transparent, not something you can take for granted with a broker
2025-03-29
Reply

1-10 of 128 comments

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