Octa review 2026

Octa, formerly OctaFX, is a retail broker with a large client base in Asia and Africa. It has a CySEC entity for Europe and a licensed entity in South Africa.

By the brokerdossier.com research team
Desk research review, hands-on testing pending
Updated 11 Nov 2026
Advertiser disclosure

This profile is built from public sources. Each licence row shows whether our team has checked it against the regulator's register yet. Confirm on the register yourself before you deposit.

Our assessment

Strengths

Low minimum deposit and no deposit fees advertised
CySEC and FSCA licensed entities in the group
Built-in copy trading

Weaknesses

Has appeared on regulator alert lists in some countries; check your local regulator
Most clients are served by an offshore entity
Limited product range

Best for Small-account traders who have checked the broker's status with their own regulator.

How this Dossier Score adds up

The score is calculated by a published formula from the five components below. It changes with your country, because the first component follows the company that would hold your account.

Entity that serves youRegulator tier of the company that would hold your account0 of 45

Group licencesOther tier 1 and tier 2 licences held in the same group4 of 26

Company structurePublicly listed, or a licensed bank0 of 12

Track recordYears in business12 of 12

PenaltiesRegulatory penalties on record in the last five years0 of −15

Methodology v1.1. How the Dossier Score is calculated. Commissions are not an input.

Regulation and legal entities

A broker brand is usually several companies. The one you open an account with decides your leverage limit, whether you have negative balance protection, and which compensation scheme, if any, covers you.

Legal entity	Regulator	Licence no.	Max. leverage	Our check
Octa Markets Cyprus Ltd Serves you Cyprus, ICF up to €20,000	CySEC Tier 2	372/18	1:30	Not yet verified by us Open register
Orinoco Capital (Pty) Ltd Serves you South Africa	FSCA Tier 2	51913	Varies	Not yet verified by us Open register
Octa Markets Ltd Serves you Comoros	Licence details are being verified		Varies

Key facts

Founded: 2011
Headquarters: Cyprus
Publicly listed: No
Group regulators: CySEC, FSCA
Minimum deposit: $25
Platforms: MetaTrader 4, MetaTrader 5, Own platform
Execution: STP
Copy trading: Yes
Islamic account: Yes
Demo account: Yes

Accounts and fees

Spreads we measured

We have not measured live spreads for this broker yet. Until we do, cost does not count towards its rating.

Platforms and execution

Octa offers MetaTrader 4, MetaTrader 5, Own platform. Execution model as described by the broker: STP.

Deposits and withdrawals

We have not run our own deposit and withdrawal test with this broker yet. When we do, the log appears here with dates and times.

Country availability

Pick your country in the header to see which Octa entity would serve you.

Not accepted, according to the broker: United States.

Questions readers ask

Is Octa regulated?

Octa operates through 3 legal entities in our database, holding licences or registrations with: CySEC, FSCA. Which entity you sign up with depends on where you live, and so does the protection you get. Check the licence number on the regulator's own register before you deposit.

What is the minimum deposit at Octa?

Octa advertises a minimum first deposit of $25 on its entry-level account. The amount can differ by entity, account type and payment method.

Which trading platforms does Octa offer?

Octa offers: MetaTrader 4, MetaTrader 5, Own platform. Platform availability can vary between its entities.

Is Octa a safe broker?

No broker is risk-free. Our Global Dossier Score for Octa is 16 out of 100. The score reflects the regulator tier of the entity that serves you, the group's other licences, company structure and track record. It says nothing about whether trading will be profitable for you.

CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Alternatives that share a regulator

Broker	Dossier Score	Entity serving you	Min. deposit	Platforms	Actions
FOREX.com Founded 2001 Listed	62	GAIN Global Markets Inc. CIMA #25033 Tier 3 (offshore)	$100	Own platformMT4MT5TradingView	Review Visit site
Plus500 Founded 2008 Listed	62	Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore)	$100	Own platform	Review Visit site
eToro Founded 2007 Listed	56	eToro (Seychelles) Ltd FSA Seychelles #SD076 Tier 3 (offshore)	$50	Own platform	Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.