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Best OctaFX Alternatives 2023

filippo ucchino Filippo Ucchino calendar Last Updated: December 2022 timer 4 Min Read

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

Round-up

The best OctaFX alternatives are:

  1. IC Markets
  2. eToro
  3. Oanda
  4. IG Markets
  5. Plus500
  6. Pepperstone
  7. XM

Top 7 best OctaFX alternatives: list 2023

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
91
Rated: High
Read Review
+ Add To Compare
Open Account
79% of retail investor accounts lose money
Platforms: Proprietary Web Platform
Regulations: FCA, CFTC, MIFID-ESMA, ASIC, SEC, CYSEC, Offshore
Minimum Deposit: 10
77
Rated: High
Read Review
+ Add To Compare
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: 0
80
Rated: High
Read Review
+ Add To Compare
Open Account
76% 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
90
Rated: High
Read Review
+ Add To Compare
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
74
Rated: High
Read Review
+ Add To Compare
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: 0
90
Rated: High
Read Review
+ Add To Compare
Open Account
73.57% of retail investor accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: MIFID-ESMA, ASIC, CYSEC
Minimum Deposit: 5
79
Rated: High
Read Review
+ Add To Compare

Brokers similar to OctaFX

What OctaFX doesn’t provide

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OctaFX review
Open Account
74-89% of retail CFD accounts lose money

About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.
filippo ucchino
Best OctaFX Alternatives 2023

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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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