Octa review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Octa suits traders who want a regulated EU broker with a small entry amount and no account costs. It pairs a minimum deposit of $25 with a stock trade fee of $0 and an inactivity fee of $0, backed by CySEC and EU investor compensation.

Key facts

Best for
Cost sensitive forex and CFD traders who want CySEC regulation and a small minimum deposit.
Minimum deposit
$25 (Source, checked September 26, 2026)
Stock trade fee
$0 (Source, checked September 26, 2026)
Inactivity fee
$0 (Source, checked September 26, 2026)
Markets
Forex, CFDs, Crypto, Metals (Source, checked September 26, 2026)
Regulators
CySEC (Source, checked September 26, 2026)
Investor protection
EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
Retail accounts that lose money
66% (Source, checked September 26, 2026)
EUR/USD spread
0.9% (Source, checked September 26, 2026)
Deposit and withdrawal fees
No deposit or withdrawal fees (Source, checked September 26, 2026)
Platforms
MT4, MT5, OctaTrader, CTrader (Source, checked September 26, 2026)
Maximum retail leverage
1:30 (Source, checked September 26, 2026)
Legal entity
Octa Markets Cyprus Ltd (Source, checked September 26, 2026)
Founded
2011 (Source, checked September 26, 2026)
Features
Crypto
Pricing model
Commission-free
Official website
octaeu.com

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • No stock trade fee, at $0, while the broker operates a commission free model
  • Inactivity fee of $0, so dormant balances are not drained
  • Deposit and withdrawal charges are clear: No deposit or withdrawal fees
  • CySEC regulation in Cyprus with EU investor compensation of EU ICS up to EUR 20,000
  • Minimum deposit of $25 keeps the entry point low

Cons

  • Minimum deposit of $25 is above the site median of €4.64
  • EUR/USD spread of 0.9% sits in commission free pricing, so cost is built into the spread
  • Retail accounts that lose money sit at 66%
  • Markets cover forex, cfds, crypto and metals only, so no shares or ETFs on forex, cfds and crypto
Octa

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Scored 9.0 / 10 by BrokerCue.

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Who it suits

  • Traders who want a CySEC regulated EU broker and value compensation cover
  • Forex and CFD traders who prefer commission free pricing in the spread
  • Anyone who wants to fund an account without deposit or withdrawal charges

Who should look elsewhere

  • CFI, whose minimum deposit of $0 is lower than Octa's
  • eToro, whose markets list of stocks, etfs and forex includes shares and ETFs that Octa does not cover

How it compares on our data

Octa sits at the top of the site ranking on two cost measures: the inactivity fee places it at 1 of 56 brands, and the stock trade fee places it at 1 of 161. On minimum deposit the position is weaker at 120 of 213, which tells you the low entry requirement is the exception here rather than the rule across the market.

How your money is protected

Octa is regulated by CySEC in Cyprus, and the client entity is Octa Markets Cyprus Ltd. Money held with a CySEC authorised firm sits under the EU investor compensation arrangement, and the stated cover is EU ICS up to EUR 20,000. That figure caps what you can claim back, so balances beyond it carry no protection under the scheme.

Account opening and funding

You need a minimum deposit of $25 to open and fund an account, which is a low bar for a regulated broker. Funding and withdrawals carry no charge: No deposit or withdrawal fees. That means the cost of moving money in and out sits with the payment or transfer method rather than with the broker.

Fees and costs

The model is commission free, and the stock trade fee is $0. There is no account charge and no inactivity charge either, at $0. The cost of trading is therefore in the spread, where EUR/USD is 0.9%, and in the cost of funding and moving money, which is No deposit or withdrawal fees. The minimum deposit to start is $25.

Markets and platforms

Octa covers forex, cfds and crypto, so forex is joined by contracts for difference, crypto and metals on the same account. You can trade through MT4, MT5 and OctaTrader, which covers the widely used MetaTrader platforms alongside the broker's own OctaTrader and cTrader.

How Octa compares

Where Octa is available

Available
Everywhere except United States
Licence in Cyprus
CySEC, checked September 26, 2026

Frequently asked questions

How much does Octa charge to open and use an account?+

The stock trade fee is $0 and the inactivity fee is $0, so holding an open position costs nothing extra. Octa runs a commission free model, which means the trading cost sits in the spread rather than in a separate commission. Funding in and out carries No deposit or withdrawal fees.

Who regulates Octa and what protection does it carry?+

Octa is regulated by CySEC in Cyprus, and the contracting entity is Octa Markets Cyprus Ltd. Client money is covered by the EU investor compensation scheme, and the stated limit is EU ICS up to EUR 20,000. Read the cover as a cap: it marks the point above which a claim falls outside the scheme.

What is the smallest amount needed to start trading?+

The minimum deposit is $25, which keeps the entry point modest for a regulated EU broker. Octa charges No deposit or withdrawal fees, so nothing is deducted for funding the account or taking money back out. The practical cost of getting money in sits with your bank or payment provider instead.

How much does it cost to trade forex on Octa?+

Pricing is commission free, so you pay the spread. On the euro against the US dollar the spread is 0.9%. Over many small trades that spread adds up, so it is worth weighing against a broker that charges a separate commission on a tighter spread. The stock trade fee of $0 also shows there is no per trade commission on shares.

Which markets and platforms can I use on Octa?+

The account covers forex, cfds and crypto, so forex is joined by contracts for difference, crypto and metals. Platforms available are MT4, MT5 and OctaTrader, covering the MetaTrader family, the broker's own OctaTrader and cTrader. That mix suits traders who already have a platform preference rather than starting from scratch.

Will my account be charged if I stop trading?+

The inactivity fee is $0, so a dormant balance is not reduced by a monthly charge. Some brokers in this category charge a flat inactivity fee or a percentage of the balance, and Octa carries neither. Any account or withdrawal charges would sit elsewhere in the schedule.

Who is Octa a good fit for?+

Octa suits traders who want a CySEC regulated EU broker, a small minimum deposit of $25 and commission free pricing in the spread. It also works for anyone who wants to hold forex, cfds, crypto and metals on one account. It is a poorer fit if you want to buy shares and ETFs directly.

Sources

  • en.octapk.info/currency-trading-forex checked September 26, 2026

    Backs: Deposit and withdrawal fees, Minimum deposit, Pricing model, Stock trade fee

    “No deposit or withdrawal fees”

  • tradersunion.com/brokers/forex/view/octafx checked September 26, 2026

    Backs: Inactivity fee

    “there are no deposit, withdrawal, or inactivity fees”

  • octaeu.com checked September 26, 2026

    Backs: Investor protection, Legal entity, Regulators, Licences

    “Octa Markets Cyprus Ltd Risk Disclosure”

  • octaeu.com/spreads checked September 26, 2026

    Backs: EUR/USD spread, Features, Markets, Maximum retail leverage, Retail accounts that lose money

    “EURUSD Typical spread 0.9”

  • wikifx.com/en/newsdetail/202509111314599515.html checked September 26, 2026

    Backs: Founded, Platforms

    “operates on the financial market since 2011”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Account fee.

Octa

Octa

Cost sensitive forex and CFD traders who want CySEC regulation and a small minimum deposit.

9.0/10See alternatives

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