Broker review · 2026
Octa review 2026
Commission-free, swap-free trading with a $25 minimum.
Octa (OctaFX) is a fast-growing broker in Asia, Africa and Latin America offering commission-free, swap-free accounts on MT4, MT5 and OctaTrader, with copy trading and a low minimum deposit.
Pros
- No commissions and swap-free trading on all accounts
- Low minimum deposit
- Built-in copy trading
- FSCA and CySEC licences
Cons
- Smaller instrument range
- Most global clients served by the MISA (Mwali) entity
- Limited research
Octa overview
Octa was founded in 2011 and serves clients mainly in emerging markets. Its proposition is simple: commission-free, swap-free accounts with a low minimum deposit.
Is Octa safe and regulated?
Octa Markets Cyprus is regulated by CySEC and Octa Markets South Africa by the FSCA. Most international clients are served by an entity licensed by the Mwali International Services Authority (MISA), an offshore regulator.
Tier-1 regulators are shown in bold. Always confirm the licence on the regulator’s own register.
Octa spreads and fees
EUR/USD averages around 0.9 pips with no commission and no swaps. No deposit or withdrawal fees on most methods.
| Account | EUR/USD spread | Commission (round turn) | Cost per lot |
|---|---|---|---|
| Standard | 0.9 pips | $0 | $9.0 |
Trading platforms
MT4, MT5 and the proprietary OctaTrader platform and app, plus Octa Copytrading.
How Octa scores
- Trust & regulation 30%
- 3.8
- Fees & spreads 25%
- 4.3
- Platforms & tools 15%
- 3.8
- Markets & range 10%
- 3.0
- Ease of use 10%
- 4.4
- Research & education 10%
- 3.4
Verdict
Octa is a low-cost, swap-free option for traders in emerging markets; check which entity you are onboarded to.
Open an account with OctaYou will be taken to octafx.com.
Octa FAQ
Is Octa the same as OctaFX?
Yes. OctaFX rebranded to Octa.
Is Octa regulated?
Octa holds CySEC and FSCA licences; international clients are typically served by a MISA-licensed entity.
Does Octa charge swaps?
No. Octa offers swap-free trading on all accounts.
Is Octa good for beginners?
Yes. Octa scores 4.4/5 for ease of use in our testing, with a $25 minimum deposit.