Octa

WikiFX | 2026-04-20 23:55

Abstract：Founded in 2011, Octa a regulated broker registered in Cyprus, offering trading in currrency pairs, gold/silver, commodities, indices, and cryptos on OctaTrader, Web platform, and Android platforms.

Quick Octa Review Summary
Founded	2011
Registered Country/Region	Cyprus
Regulation	Regulated by CYSEC
Market Instruments	Currrency pairs, gold/silver, commodities, indices, cryptos
Demo Account	✅
Min Deposit	50 EUR
Leverage	Up to 1:30
EUR/USD Spread	Floating around 1.1 pips
Trading Platform	OctaTrader, Web platform, Android
Payment Methods	Swissquote, BluOr Bank, RIETUMU
Deposit & Withdrawal Fee	❌
Customer Support	9 a.m. – 6 p.m. UTC+3
Customer Support	Email: clientsupport@octaeu.com
Regional Restrictions	Belgium, the USA, Canada, Spain, and the UK, as well as to jurisdictions outside the European Economic Area (EEA) except Switzerland

Octa Information

Founded in 2011, Octa a regulated broker registered in Cyprus, offering trading in currrency pairs, gold/silver, commodities, indices, and cryptos on OctaTrader, Web platform, and Android platforms.

Pros and Cons

Pros	Cons
Regulated by CYSEC	Regional restrictions
Various tradable instruments	MT4/MT5 unavailable
Demo accounts available	Limited payment options
Tight EUR/USD spread	No 24/7 customer support
No fees for deposits and withdrawals

Is Octa Legit?

Yes. Octa is currently regulated by Cyprus Securities and Exchange Commission (CySEC).

Regulated Country	Regulated by	Regulated Entity	License Type	License Number
	CySEC	Octa Markets Cyprus Ltd	Market Making (MM)	372/18

What Can I Trade on Octa?

Octa offers trading in currrency pairs, gold/silver, commodities, indices, and cryptos.

Tradable Instruments	Supported
Currency pairs	✔
Gold & Silver	✔
Commodities	✔
Indices	✔
Cryptos	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

The maximum leverage vary on the asset class. Detailed info can be found in the table below:

Asset Class	Max Leverage
Currency pairs	1:30
Gold & Silver	1:20
Commodities	1:10
Indices	1:20
Cryptos	1:25

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

Octa offers commission-free trading and the EUR/USD spread is floating around 1.1 pips. If you are interested in spreads on other trading instruments, you can visit https://www.octaeu.com/spreads/

Trading Platform

Octa has a built-in proprietary trading platform - OctaTrader available on the Web, Desktop, and Android versions.

Deposit and Withdrawal

Octa supports very limited payment options, only Swissquote, BluOr Bank, and RIETUMU.

The minimum deposit or withdrawal amount are both 50 EUR.

All deposits and withdrawals are free of charge, and can be processed within 3-7 business days.

Customer Support Options

Octa provides email instead of phone or live chat contact, which will result in traders being unable to deal with emergencies on time. You can also follow them on some social platforms, such as Facebook, Twitter, and Instagram.

Contact Options	Details
Email	clientsupport@octaeu.com
Social Media	Facebook, Twitter, Instagram
Website Language	English, Italian
Physical Address	1 Agias Zonis and Thessalonikis Corner, Nicolaou PentadromosCenter, Block: B', Office: 201,3026, Limassol, Cyprus