Broker

Octafx

4 months ago
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348 Reviews

Description

Registered region: Cyprus

Operating period: 5-10 years

Company Name: Octa Markets Cyprus Ltd.

Abbreviation: Octa

Customer Service Email Address: support@octafx.com

Contact number: 0035725251973

Company website: https://www.octafx.eu

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts.

At the moment, Octa offers over 300 trading instruments, including:

CFDs on stocks: 150 (Apple, Google, Amazon, etc.)

Forex currency pairs: 52 (EURUSD, GBPUSD, GBPJPY and other popular ones)

Gold and silver

Energies: 3 (XBRUSD, XTIUSD, XNGUSD)

Indices: 10 (US30, NAS100, SPX500, etc.)

Cryptocurrencies: 34 (BTC, ETH, LTC, etc.)

Spanning across the globe, Octa is subject to regulation by several authorities, reflecting the diverse regulatory landscape governing the activities conducted by Octa.

Octa holds the following licenses:

Octa Markets Cyprus Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 372/18.

Octa Markets Ltd. is authorised and regulated by the Mwali International Services Authority (MISA) with license number HY00623410, and international brokerage and clearing house license number: T2023320.

Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number 51913 from the Financial Sector Conduct Authority (FSCA) in South Africa.

Octa offers three account types: MT4, MT5 and account on its own proprietary trading platform OctaTrader. The average spread for EURUSD is 0.7 pips for all accounts with no additional charges or hidden fees. All accounts are swap-free—there are no overnight fees for traders.

OctaTrader platform elevates traders’ experience by offering a one-stop solution with features like Space—a dynamic feed with real-time analysis, collaborative tools, and educational resources, all in one place. A library of webinars and tutorials ensures continuous learning for traders at all levels. Another unique tool is OctaVision, powered by AI, which acts as a digital mentor, providing personalised analysis of past trading actions and giving data-driven recommendations to help users refine their trading strategies.