Updated October 23, 2026

OctaFX, as seen through the lens of user reviews on platforms like Trustpilot and Sitejabber, generally receives praise for its user-friendly platform and competitive spreads.

Clients appreciate the broker's responsive customer service team, which is noted for providing helpful support in various situations. However, some users have expressed concerns over withdrawal issues and account verification delays.

Traders also highlight the educational resources available, making it a good choice for beginners. While most feedback is positive, there are occasional mentions of technical glitches during trading, which seem to be infrequent but worth noting.

Overall, OctaFX appears to offer a satisfactory experience with room for improvement in certain operational aspects.

OctaFX is a regulated forex and CFD broker that offers copy-trading and forex trading, as well as stock index and commodity CFDs. Cryptocurrency and shares trading are available if you reside outside of Europe. What draws many customers to OctaFX? It doesn’t charge commissions on trades.

OctaFX operates two websites, .com and .eu. The .com website is unregulated but offers more assets to trade, including stocks. The .eu domain is regulated and has a much smaller selection of assets to trade.

Pros Cons OctaFX.eu is regulated in Cyprus. OctaFX.com is not regulated anywhere. No commission costs. Few trading assets when registered through the regulated website (.eu). No stock trading. Stock trading is available on OctaFX.com If looking for a forex broker, all commonly traded pairs are available. OctaFX.eu only offers the MetaTrader5 trading platform. OctaFX.com offers MetaTrader4 and 5, and the OctaTrader platform (though it is unregulated). Spreads can be high compared to other forex brokers. All client deposits are held in a segregated account. No fees on deposits or withdrawals Free demo account and deposit bonuses.

OctaFX at a glance

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Here's what OctaFX actually publishes, nothing added. Where the broker stays quiet, it's marked below rather than guessed at.

Minimum deposit: $50 or €50, or the crypto equivalent.

Minimum withdrawal: $5 or €5, 20 USDT via Tether, €50 for a bank transfer on .eu.

Regulation: OctaFX.eu answers to CySEC in Cyprus; OctaFX.com answers to nobody.

Deposit/withdrawal on .com: Bitcoin, Mastercard (deposit only), Skrill, Neteller, Tether, Dogecoin, Ethereum, Litecoin.

Deposit/withdrawal on .eu: Visa/Mastercard, Skrill, Rietumu Bank, BlueOrange Bank, Swissquote Bank.

Platforms: MetaTrader 4 and 5 plus OctaTrader on .com; just MetaTrader 5 on .eu.

Founded back in 2011.

Current bonus terms: not published anywhere we found, check the broker's site.

Review last verified in 2026.

Is OctaFX safe to deposit and trade with?

OctaFX’s .eu website is regulated in Cyprus by the Cyprus Securities and Exchange Commission (CySec).

A downside of the broker is if you register through the OctaFX.com website, it is unregulated. Regardless of which website you sign up through, client funds are held in a segregated account. This is important because your funds are held in trust, separate from the business accounts of OctaFX.

This means if OctaFX were to fail, your funds are protected. Another advantage of OctaFX is that it offers negative balance protection, which means if you lose more money than you deposited, you are not liable for paying back the debt. The company was founded in 2011, which means it has been in operation for more than a decade.

All combined, your money is likely safe with this broker. However, keep in mind that trading with a broker that is regulated in multiple locations, especially a major global market like Canada, Japan, Australia, the US, or the UK, is generally preferred. OctaFX.com has a 4.4 out of 5 rating on Trustpilot.

What are OctaFX's trading fees?

OctaFX doesn’t charge commissions; their fee is included in the spread, which is the difference between the price you can buy and sell at.

The spreads offered by OctaFX are competitive compared to other no-commission brokers, although they are definitely not the cheapest. I also found that while their advertised spread is quite low, the actual spread you receive while trading (or even on their quotes page) is quite a bit higher.

For example, the OctaFX website says the typical EUR/USD spread is 0.5 pips. That is quite good for a non-commission broker. In actual trading, it tends to range between 1.0 and 1.5 pips. Here are the spreads witnessed during the US session:

EUR/USD 1.0 - 1.5 pips GBP/USD 1.0 - 1.5 pips USD/JPY 1.0 - 1.5 pips Nas100 2.0 - 2.5 pips Bitcoin (.com website only) $20 - $25 Gold 2.0 - 30 pips ($0.2 -$0.30)

OctaFX product offerings

The products offered by OctaFX vary depending on whether you sign up through their .eu or .com website.

OctaFX.com offers more than 230 instruments to trade, including forex, crypto, stock indices, commodities, and stocks. OctaFX.eu offers 42 assets to trade, including 28 forex pairs, 10 stock indices, and 4 commodities (gold, silver, Brent oil, and West Texas oil).

This should be enough to satisfy most forex traders. If you specifically want to trade CFDs, then other brokers have more options.

OctaFX promotions and bonuses

Bonuses vary depending on which OctaFX website you sign up with.

OctaFX advertises deposit bonuses and a free demo account, which the broker lists among its selling points. Exact bonus terms are not published on either site and change over time, so check the current promotions page on OctaFX.com or OctaFX.eu before you deposit, since terms vary by region and account type.

What is the minimum deposit and withdrawal amount at OctaFX?

The minimum deposit amount is $50 or €50. Regardless of the deposit method, the minimum deposit amount is the USD or EUR equivalent. For example, if depositing Bitcoin, be sure to send at least $50 worth.

The minimum withdrawal amount is $5 or €5, or the equivalent in crypto. The minimum to withdraw via Tether is 20. If withdrawing to a bank, the minimum withdrawal is €50 (only applicable to .eu customers). With OctaFX.com, you can deposit and withdraw EUR, USD, or crypto. With OctaFX.eu, you can only deposit and withdraw EUR.

OctaFX deposit and withdrawal methods

OctaFX has a solid assortment of deposit and withdrawal methods. Here are the deposit methods for OctaFX.com. Note that you can’t withdraw to Mastercard (only deposit).

Bitcoin Mastercard Skrill Tether (TRC-20, ERC-20) Neteller Dogecoin Ethereum Litecoin

The deposit and withdrawal methods for OctaFX.eu are more limited:

Visa/Mastercard Rietumu Bank Skrill BlueOrange Bank Swissquote Bank

You may deposit and withdraw to your credit card (up to the amount deposited with it).

OctaFX account types

With OctaFX.com there is only one account type, and that is a MT5 account. With OctaFX.eu there are two account types. The only difference is the trading platform: MT4 or MT5.

Scalping, hedging, and news trading are allowed. The minimum deposit is €50 or $50. There are no commissions and no withdrawal or deposit fees. Here are the MT5 account details for an OctaFX.eu account:

OctaFX trading platforms and apps

Once again, the trading platforms and apps you have access to depend on the website you sign up with. In all cases, you have access to the MT5 trading platform.

With OctaFX.com, you have access to the MetaTrader 4 and 5 trading platforms. These are offered by most forex brokers. With OctaFX.com you also have access to the OctaTrader platform, which is created by OctaFX.

MetaTrader is available on Windows computers. All the platforms are also available via an app on your Android or Apple device.

For OctaFX.eu users, only the MetaTrader5 platform is available. It is available on desktop (Windows) and via an online version for Apple computers. It is available for download on Android and Apple phones. If you are interested in trading stocks with OctaFX.com, you will need MT5.

OctaFX support and education

OctaFX offers around the clock support, as well as educational resources where traders can learn about trading.

When researching brokers, it’s important to choose one with a responsive customer service team in case you run into any issues. OctaFX offers support 24/7. You can access support via live chat on the site or through the following contact choices:

Phone number (Cyprus): +357 25 251 973

Customer support:clientsupport@octafx.eu

Marketing & Partnership: marketing@octafx.eu

For OctaFX.com, you can send them an email via the Contact Us page. Educational resources on OctaFX.eu are limited, but there is a wide array of articles, webinars, and daily market updates on OctaFX.com.

OctaFX copy trading

Copy trading is when you copy the trades of someone you have opted to follow. The trades can be automatically placed in your account.

With the OCtaFX CopyTrading program you can become a master trader by sharing your track record and letting other people copy your trades - or, you can choose to copy the trades of master traders. Copy trading offers a simple way to follow trade signals of more experienced traders.

If you become a master trader and other traders copy your trades, you can earn an extra income by charging your clients/copiers a commission on each trade.

Who is OctaFX for?

Two sites, two different traders. Pick .eu and you're on a CySEC-regulated broker with segregated funds and negative balance protection built in. The catch: 42 instruments, and MetaTrader 5 is your only option.

Pick .com and the trade-off flips. Over 230 instruments, stocks and crypto included, three platforms to pick from - but nobody regulating the account. If oversight matters more than range, .eu wins. Want the bigger toolkit and can live with offshore? Go .com. Weigh it against other options in our forex brokers hub first, and if OctaFX doesn't fit, that same brokers hub has regulated alternatives.

FAQ

What is OctaFX?

A forex and CFD broker running two separate websites. OctaFX.eu answers to CySEC in Cyprus and sticks to a narrower set of assets through MetaTrader 5. OctaFX.com skips the regulator but opens over 230 instruments, stocks and crypto included, across MetaTrader 4, 5 and its own OctaTrader platform.

How does OctaFX work in 2026?

Register on either .eu or .com, fund the account with at least $50 or €50, then trade forex, indices and commodities - plus stocks and crypto if you went with .com. There's no commission line item. The cost hides in the spread instead, which in real trading tends to sit around 1.0 to 1.5 pips on EUR/USD, not the 0.5 pips advertised on the site.

Is the platform safe and regulated?

Partly, depending where you signed up. OctaFX.eu answers to CySEC in Cyprus and segregates client funds. OctaFX.com has no regulator watching it, though it still segregates funds and offers negative balance protection. The company dates back to 2011 and sits at 4.4 out of 5 on Trustpilot for the .com site.

What is the minimum deposit on the platform?

$50, or €50 if you're funding in euros - same figure whichever site you pick. Paying in crypto? Send at least the equivalent value in Bitcoin or whichever coin you're using. The method changes, the threshold doesn't.

How long does withdrawal take on the platform?

Not something OctaFX spells out, so check the current figure on the broker's own site before relying on it. What is documented is the minimum you can pull out: $5 or €5 in most cases, 20 USDT via Tether, and €50 for a bank transfer on the .eu side.