Octa Review 2026
Regulated broker with real licence numbers.
Octa is a regulated CFD broker founded in 2011. It holds a CySEC licence under number 372/18.
The basics
Octa was founded in 2011 and is headquartered in St Vincent & the Grenadines. It is privately owned. The broker offers CFDs on 400 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading lets you replicate the positions of other traders automatically.
| Founded | 2011 |
| Headquarters | St Vincent & the Grenadines |
| Instruments | 400+ |
| Platforms | MT4, MT5, OctaTrader |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | Yes |
| Real stocks | No — CFDs only |
Is Octa safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client.
| Regulator | Licence | Entity |
|---|---|---|
| CySEC | 372/18 ✓ | Octa Markets Cyprus Ltd |
| FSCA | 49846 ✓ | Octa Markets SA Pty Ltd |
| FSA | SD035 ✓ | Octa Markets Inc |
You can verify the CySEC licence at www.cysec.gov.cy. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
Octa spreads
These are the typical spreads on Octa's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 0.6 pips pips |
| GBP/USD | 0.9 pips pips |
| USD/JPY | 0.7 pips pips |
| Gold (XAU/USD) | 21c/oz |
| S&P 500 | 0.5pt |
Octa's EUR/USD spread of 0.6 pips pips is competitive for a retail broker without a per-trade commission.
Octa withdrawal fee and processing time
Fee: None. Octa does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
Octa minimum deposit by entity
The minimum deposit depends on which Octa entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Octa Markets Cyprus Ltd | CySEC 372/18 | $25 | 1:30 |
| Octa Markets SA Pty Ltd | FSCA 49846 | $25 | 1:500 |
| Octa Markets Inc | FSA SD035 | $25 | 1:500 |
Octa vs eToro
| Octa | eToro | |
|---|---|---|
| Primary regulator | CySEC 372/18 | FCA 583263 |
| Min deposit | $25 | $50 |
| EUR/USD spread | 0.6 pips pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 400+ | 3,000+ |
| Copy trading | Yes | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both brokers are regulated and legitimate. Octa suits traders who value copy trading and social features. eToro is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| CySEC | 372/18 — Octa Markets Cyprus Ltd |
| FSCA | 49846 — Octa Markets SA Pty Ltd |
| FSA | SD035 — Octa Markets Inc |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules. The offshore entity offers up to 1:500, but with lighter regulatory protection.
Pros and Cons
What works
- CySEC regulated — Octa Markets Cyprus Ltd
- Low minimum deposit ($25)
- MetaTrader 4 and 5 available
- Copy trading available
- No inactivity fee
- Regulated in 3 jurisdictions
What does not work
- No real stock ownership — CFDs only
- High leverage only via offshore entity
The verdict
Octa is a legitimate, regulated broker. The CySEC licence number 372/18 is verifiable on the public register. It is best suited for social and copy traders. Rating: 4.0 out of 5.
Alternatives to Octa
If Octa does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is Octa safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client. Octa holds CySEC licence 372/18, which is publicly verifiable on the official register.
What is the Octa minimum deposit?
The minimum deposit is $25. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the Octa EUR/USD spread?
The EUR/USD spread on Octa standard accounts is typically 0.6 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does Octa take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Octa charge withdrawal fees?
None. Octa does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Octa have MetaTrader?
Yes. Octa supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.