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Regulated
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8.40 /10
Trust Score

Octa

Comoros 10+ years
Type: CFD
FSCAMISACySEC

Trading Env.

Trading Env. A
Max Leverage 1:1000 Good
Platform MT4/5, Desktop +2
Min Deposit 25 USD

Octa Overview

Octa is a versatile trading broker offering a wide range of trading assets across various platforms tailored to different trading strategies. The broker is renowned for its competitive trading conditions, features of its trading platforms, referral programs, promotions, analysis, education, and copy trading services, catering to over 100,000 global clients.

The company provides its clients with access to more than 300 trading assets, including shares, commodities, and indices, along with 30 digital currency pairs for weekend trading. Clients can take advantage of 1:1000 leverage, free educational materials, and a variety of payment methods for easy deposits and withdrawals. Execute trades with OctaTrader, MetaTrader 5, and MetaTrader 4, which are available on Windows, Mac, Android, iOS, and web platforms, suiting both beginners and professional traders.

Octa is one of the top brokers, offering optimal trading conditions, 0% swaps, no commissions, webinars, and premium account types with a diverse array of assets and features for a premium trading experience. Enjoy top-notch live support 24/7 for real-time assistance.

Experience super-fast execution with real-time market data. To get started, take advantage of a 50% deposit bonus, demo contests, referral programs, and much more.

Company Information

Regulators

What Is Regulation?

Forex regulation is therefore all about consumer protection. Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions.

FSCA, MISA, CySEC
Country Comoros
Base Currencies

What is Base Currency?

In the forex market, currency unit prices are quoted as currency pairs. The base currency – also called the transaction currency - is the first currency appearing in a currency pair quotation, followed by the second part of the quotation, called the quote currency or the counter currency. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses.

EUR, USD
Type Of Brokers

Broker Types

There are two types of brokers: regular brokers who deal directly with their clients and broker-resellers who act as intermediaries between the client and a larger broker. Regular brokers generally are held in higher regard than broker-resellers.

CFD
Trading Platform

What is Trading Platform?

A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three.

Desktop, Mobile, MT4, MT5, OctaTrader
Established Year 2011
Website Language English, Chinese, Indonesian, Malay, Thai, Português, Spanish, German, Hindi, Bengali
US Clients

Trading Services

Hedging

What Is Hedging?

Hedging with forex is a strategy used to protect one's position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about hedging forex pairs in this way. One is to place a hedge by taking the opposite position in the same currency pair, and the second approach is to buy forex options.

News Trading
Scalping

What Is Scalping?

Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit.

Automated Trading
Indices

What Is Indices?

The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall.

Commodities

What Is Commodities?

The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves. ... Traders and investors looking to gain exposure to commodity price fluctuations often take positions in commodity currency pairs as a proxy investment to buying commodities.

Forex instruments
CFDs
ETFs
Stocks
Bonds
Cryptocurrencey
Trading Signals
Educational Service
Copy/Social Tradings

Suitable For

Publicly Traded
Beginners
Day Trading
Weekly Trading
Professionals
Swing Trading

Payment Methods & Transaction Fees

Deposit Methods

Withdrawal Methods

Gateway Fees

GatewayFees
Skrill2.99% + $0.30 per transaction
Visa Card1.9% - 3.5% of the transaction amount
Master Card1.9% - 3.5% of the transaction amount

Spreads & Commissions

Minimum Spreads 0.6
Fixed Spreads ✕ No
Commission on Trades ✓ Yes

Customer Support

Live Status Monitor Real-time support availability channels
24/7 Support Live
Weekend Support Live
English Chinese Indonesian Malay Thai
Communication Desk Launch instant connection channels
Support Email
Support Phone No
Call Desk
Head Office Address Bonovo road - Fomboni island of moheli comoros union
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Advantages & Disadvantages

Advantages

  • Excellent trust rating with a Trust Score of 84/100.
  • Regulated by recognized financial authorities: FSCA, MISA, CYSEC.
  • Very low initial capital requirement (Min deposit: 25 USD).
  • Access to popular industry-standard MetaTrader 4 / MetaTrader 5 software.
  • Risk-free Demo account options available for practice.
  • Swap-free Islamic accounts supported for Muslim clients.
  • Full support for both scalping and hedging execution strategies.

Disadvantages

  • Commissions apply on trades, which might increase execution costs.
  • Restricted service - does not accept traders from the USA.

User Reviews & Feedback

3 Comments

  1. عا علي الصلخدي

    الف الف

  2. DB Delagegnew bachore

    Screen shote

  3. MA Maggie Alder

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