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In this post we are going to show you the best alternatives to OctaFX.

The brokers you can find here offer similar services to OctaFX.

However, we’ve also included brokers different from OctaFX to meet the needs of every trader.

What are the best alternative brokers and platforms to OctaFX?

The best alternatives to OctaFX include similar brokers that are listed below:

  1. Axi
  2. IC Markets
  3. eToro
  4. Oanda
  5. IC Markets
  6. Plus500
  7. Pepperstone
Open Account
72.4% of retail investor accounts lose money when trading CFDs with this provider.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, ZuluTrade
Regulations: ASIC, FCA, DFSA, FMA, SV FSA, VFSC
Minimum deposit: USD 0
Open Account
72.52% of retail investor accounts lose money when trading CFDs with this provider.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, ZuluTrade, Mirror Trader, Duplitrade
Regulations: ASIC, SCB, FSA
Minimum deposit: USD 0
Open Account
61% of retail investor accounts lose money when trading CFDs with this provider.
Platforms: Proprietary platform
Regulations: ASIC, SEC, CFTC, FCA, FSA
Minimum deposit: USD 100
Open Account
76.6% of retail investor accounts lose money when trading CFDs with this provider.
Platforms: MetaTrader 4, MetaTrader 5, TradingView, Proprietary platform
Regulations: ASIC, CFTC, FCA, CIRO, MAS, JFSA, BVI FSC, FSA
Minimum deposit: USD 0
Open Account
70% of retail investor accounts lose money when trading CFDs with this provider.
Platforms: MetaTrader 4, MetaTrader 5, TradingView, Proprietary platform
Regulations: FCA, JFSA, BMA
Minimum deposit: USD 0
Open Account
82% of retail investor accounts lose money when trading CFDs with this provider.
Platforms: Proprietary platform
Regulations: ASIC, FCA, MAS, DFSA, FMA, ISA, FSCA, FSA
Minimum deposit: USD 100
Open Account
72.9% of retail investor accounts lose money when trading CFDs with this provider.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, ZuluTrade, Duplitrade
Regulations: ASIC, FCA, DFSA, CMA, SCB
Minimum deposit: USD 0

What is the most similar broker to OctaFX?

The most similar broker to OctaFX is Axi.

Both OctaFX and Axi are renowned for their ECN brokerage services, offering traders spreads on Forex starting from 0 pips.

Axi, just like OctaFX, offers the MT4 platform and has a low minimum deposit requirement below $100.

When it comes to the tradable assets, both OctaFX and Axi offer a good range of CFDs across multiple markets, including forex, commodities, stocks and indices.

For a deeper understanding of both brokers, read our OctaFX review and our Axi review.

What are the best alternatives to OctaFX by category?

You can find other brokers similar to OctaFX according to a specific feature.

Some specific features of OctaFX and the corresponding ranking of the best brokers according to that feature are listed below:

Which similar brokers provide the services missing from OctaFX?

OctaFX does not provide some services or does not have some characteristics that other brokers have.

The features that OctaFX does not have and rankings of the best brokers that have that feature are listed below:

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