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Exante vs OctaFX: Comparison and Analysis

Trying to figure out whether to use Exante or OctaFX? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs

We’ve compared more than 100 variables and features so you can see the pros and cons of Exante and OctaFX side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
Your money is at risk
Exante review
Open Account
74-89% of retail CFD accounts lose money
OctaFX review

Overall Ratings


Rated
70
Rated
78

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • Exante
  • OctaFX

Security 94
Security 94

Cost 58
Cost 73

Trading 63
Trading 69

Education 38
Education 59

Company Info


Foundation
2008
2011
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, chi(t/s), cz, es, ne, po, pol, ru
en, de, es, po, thai, ind, viet, mal, ur, ben, chi

Leverage


Non-EU Leverage ?
1:20
500:1
European Leverage ?
1:20
30:1
Australian Leverage ?
500:1
US Leverage ?
0
Canadian Leverage ?
1:20
500:1

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
96312
SimilarWeb - Total Visits
543160
Facebook Likes
403988
Twitter Likes
3065
Instagram Likes
12400

Deposit and Withdrawal


Minimum Deposit ?
10000 USD
5 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
CashU
Deposit Waiting Time ?
1-5 business days
1-3 business days
Withdraw Waiting Time ?
3-5 business days
1-3 business days
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
EUR, USD, CHF, CZK, PLN, RUB
EUR, USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
Natural Gas ?
Silver ?
0.065
Platinum ?
Copper ?
Soybeans ?
Corn ?
Gold ?
9.4

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
1.1
USD/JPY Spread
0.9
GBP/USD Spread
1.6
USD/CHF Spread
1.2
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.3
0.5
USD/JPY Average Spread
0.3
0.5
USD/CHF Average Spread
0.6
0.7
GBP/USD Average Spread
0.5
0.6
USD/CAD Average Spread
0.4
0.8
AUD/USD Average Spread
0.4
0.7
NZD/USD Average Spread
1.5
EUR/GBP Average Spread
0.7
0.9

Fees on Stocks


Apple
0.02
Facebook
0.02
Alphabet
0.02
Snapchat
0.02
BP
Tesco
Barclays
Lloyds

Fees on Indices


FTSE100
S&P500
Dow Jones
Nasdaq
CAC40
DAX30
Nikkei 225
Euro Stoxx 50

Fees on Cryptocurrencies


Bitcoin
1
Ethereum
2.0
Ripple
0
Litecoin
0.66
Bitcoin Cash
0
Dash
0
Monero
0
Neo
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, chi(t/s), cz, de, es, ne, po, pol, ru, it
en, ar, es, fr, gre, pol, srb
Watchlist Mobile ?

Available Markets


Forex Pairs ?
50
28
Crypto ?
28
Commodities ?
5
2
Stocks ?
10000
Indices ?
10
ETF ?
Futures ?
500
Options ?
270000
Bonds ?
400000
Metal ?
5
2
Agricultural ?
Energies ?
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
ETF, Stocks

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0,01
0.001 lots
Maximum Trade Size ?
100
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
55
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en
en, de, es, po, thai, ind, viet, mal, ur, ben, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

Exante vs OctaFX: A Comprehensive Comparison

Choosing a broker that matches your trading style, preferences and goals is crucial for success in the financial markets. In this comparison, we will analyse the features, advantages and disadvantages of Exante and OctaFX, two well-established brokers that operate in the CFD market.

Security and Regulations

Both Exante and OctaFX are regulated by reputable authorities, which adds a layer of security and reliability to their services. Exante is licensed by the Malta Financial Services Authority (MFSA), the Cyprus Securities and Exchange Commission (CySEC) and the Securities and Futures Commission (SFC) of Hong Kong, while OctaFX is regulated by the CySEC and the Financial Services Authority (FSA) of St. Vincent and the Grenadines.

Account Opening

Exante and OctaFX offer multiple account types with different features and requirements. Exante provides standard, corporate and professional accounts with a minimum deposit that is not specified on their website. However, they accept multiple account currencies, including GBP, USD, JPY, EUR, CHF, CZK, SEK, CAD, HKD, MXN, PLN, NOK, and SGD, and support various payment methods, including wire transfers, credit/debit cards, and eWallets. On the other hand, OctaFX requires a minimum deposit of $50 and offers four account types: MT4, MT5, Octatrader, and Islamic account. The account currency options are limited to EUR and USD, and the payment methods include wire transfers, credit/debit cards, and eWallets.

Demo Accounts

Exante and OctaFX provide demo accounts for traders who want to test their platforms and strategies without risking real money. Exante’s demo account offers unlimited access and $1,000,000 in virtual funds. OctaFX’s demo account has an unlimited duration as well, but the virtual funds are limited to $5,000, although traders can top up their balance anytime they want.

Markets and Trading Fees

Exante has a significant advantage in terms of the number of CFD markets it offers, with over 50 Forex pairs, 5 commodities, 10 indices, 30 cryptocurrencies, 24,000+ stocks, 500+ futures, 270,000+ options, 200 hedge funds and 9 bonds. OctaFX’s market coverage is smaller, with 35 Forex pairs, 5 commodities, 10 indices, 30 cryptocurrencies, and 150+ stocks. Both brokers offer variable spreads, but Exante’s spreads start from 0.3 pips on Forex, while OctaFX’s spreads start from 0.8 pips, which is still competitive. Exante charges a commission on stock trading starting from 0.02 USD, while OctaFX does not charge a commission on any asset.

Platforms

Exante provides its proprietary trading platform, which is accessible via web and mobile devices. The platform is user-friendly and customizable, with advanced features such as multi-monitor support, algorithmic trading, and risk management tools. OctaFX offers its proprietary platform as well, which is available via web and mobile, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are available via desktop, mobile, and web. Both brokers’ platforms have been optimised for speed and reliability, and support a wide range of order types and charting tools.

Social/Copy Trading

Exante offers social trading, but the details are not specified on their website. OctaFX provides a dedicated copy trading app that enables traders to follow and copy the trades of successful traders automatically.

Education and Customer Care

Exante does not provide educational materials on its website, while OctaFX offers a variety of educational resources, including webinars, Forex articles, Forex video courses, platform video tutorials, platform articles, a glossary, and a frequently asked questions (FAQ) section. Both brokers offer customer support via email and live chat, but Exante also offers phone support.

Conclusion

In conclusion, both Exante and OctaFX are reputable brokers that offer a range of features and services that cater to the needs of different types of traders. Exante has an edge in terms of market coverage and the availability of a proprietary trading platform, while OctaFX offers a lower minimum deposit requirement, a wider range of educational resources, and the option to copy trades automatically through a dedicated app. Ultimately, the choice between these two brokers depends on the individual trader’s preferences and priorities, so it is recommended to evaluate each broker carefully and compare them based on your specific needs.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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