OctaFX vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for OctaFX and XM.
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.
XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA
Long-established multi-asset broker with a $5 minimum deposit and four-jurisdiction regulation including ASIC and DFSA. Strong educational resources and a copy-trading marketplace make it a popular pick for newer traders.
Quick verdict
- Trust: XM has the higher trust score.
- EUR/USD spread: OctaFX is tighter on EUR/USD.
Side-by-side comparison
| Feature | OctaFX | XM |
|---|---|---|
| Trust score | 7.6 | 8.4 |
| Regulators | CySEC, FSCA, MISA-Comoros | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | Saint Vincent and the Grenadines | Cyprus |
| Founded | 2011 | 2009 |
| Min deposit | $25 | $5 |
| Max leverage | 1:500 | 1:1000 |
| EUR/USD spread | 0.60 pips | 0.70 pips |
| Commission per lot | $0.00 | $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, Crypto | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, Crypto | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR | USD, EUR, GBP, AUD, JPY, SGD |
OctaFX is best for
Beginners
Swing traders
Copy traders
XM is best for
Beginners
Day traders
Copy traders