FXTM vs OctaFX
Side-by-side comparison of regulation, trading costs, platforms, and account types for FXTM and OctaFX.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
OctaFXTrust 7.6/10
CySEC
FSCA
MISA-Comoros
Commission-free broker built around the proprietary OctaTrader platform with strong emerging-market presence. Default swap-free accounts on every instrument and 100+ local payment options.
Quick verdict
- Trust: FXTM has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | FXTM | OctaFX |
|---|---|---|
| Trust score | 8.0 | 7.6 |
| Regulators | FCA, CySEC, FSCA, FSC-Mauritius, CMA | CySEC, FSCA, MISA-Comoros |
| Headquarters | Cyprus | Saint Vincent and the Grenadines |
| Founded | 2011 | 2011 |
| Min deposit | $10 | $25 |
| Max leverage | 1:1000 | 1:500 |
| EUR/USD spread | 0.00 pips | 0.60 pips |
| Commission per lot | $4 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, NGN | USD, EUR |
FXTM is best for
High-volume traders
Day traders
Copy traders
OctaFX is best for
Beginners
Swing traders
Copy traders