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.

Table of Content

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
69.6% of retail investor accounts lose money
Platforms: ZuluTrade, MT4 Dekstop, MT4 Web, Proprietary Web Platform, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, FMA, DFSA
Minimum Deposit:
Open Account
74-89% of retail CFD accounts lose money
Platforms: cTrader desktop, cTrader web, Mirror Trader, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web
Regulations: ASIC, CYSEC
Minimum Deposit: 100
Open Account
76% of retail CFD accounts lose money
Platforms: Proprietary Web Platform
Regulations: FCA, MIFID-ESMA, ASIC, SEC, CYSEC, Offshore, FSA (Seychelles)
Minimum Deposit: 50
Open Account
CFDs are not available to residents in the United States
Platforms: MT4 Dekstop, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, Proprietary Web Platform, MAC Platforms
Regulations: FSA, MAS, FCA, CFTC, MIFID-ESMA, ASIC, IIROC
Minimum Deposit:
Open Account
69% of retail CFD accounts lose money
Platforms: Proprietary Web Platform, MAC Platforms
Regulations: FSA, MAS, FINMA, FCA, CFTC, MIFID-ESMA, ASIC, FMA, FSCA, DFSA
Minimum Deposit: 300
Open Account
77% of retail investor accounts lose money
Platforms: Proprietary Web Platform
Regulations: MAS, FCA, MIFID-ESMA, ASIC, FMA, CYSEC, ISA
Minimum Deposit: 100
Open Account
74-89% of retail investor accounts lose money when trading CFDs
Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, DFSA, CYSEC
Minimum Deposit:

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: