5paisa vs OctaFX

5paisa vs OctaFX Comparison Table 2021
5paisa OctaFX
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
None 50% deposit bonus
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $100
Payment Methods
Wire Transfer Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
No 0.01 lots
Regulator
SEBI CySEC
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes
Trade Signals
Yes Yes
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
INR -
CFD
CFD trading not offered Trade on the financial markets with CFDs.
Leverage
1:30
FTSE Spread
1.8
GBPUSD Spread
1.1
Oil Spread
1.1
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. OctaFX offers leveraged trading on currencies.
GBPUSD Spread
N/A 1.1
EURUSD Spread
N/A 0.7
EURGBP Spread
N/A 2.1
Assets
4 28
Cryptocurrency
Crypto trading not offered Trade popular digital currencies at OctaFX.
Spread
Variable
Coins
BTC, LTC, ETH