OctaFX vs Alpari

OctaFX vs Alpari Comparison Table 2023
OctaFX	Alpari
Review 4.1	Review 3.8
Traders from US not accepted	Traders from US not accepted
OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.	Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
Bonus Offer
Up to 50% deposit bonus	30% up to $100 (terms apply)
Promotions
Get A 50% Bonus On Each Deposit At OctaFX
Pros
Full range of investments Low minimum deposit Highly rated MetaTrader 4 and 5 Copy trading Commission-free trading Mobile app compatibility Negative balance protection (Within EU) No deposit & withdrawal fees Comprehensive educational content Bonuses and contests available (non-EU) High Leverage 1:500 (non-EU) Demo account with access to unlimited virtual funds Offers Islamic accounts
Cons
Few payment methods No global stocks trading Zero pip spreads unavailable The global entity is regulated offshore Small selection of tradeable instrument
Awards
Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies	CFD, Forex, Crypto, Binary Options
Demo Account
Yes	Yes
Minimum Deposit
$100	$5
Payment Methods
Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer	ADVcash Bitcoin Payments Credit Card Diners Club EasyPay Ethereum Payments FasaPay Flutterwave GlobePay Maestro Mastercard Neteller PayRedeem Perfect Money RBK Money Skrill UnionPay Vietcombank Transfer WebMoney Wire Transfer Yandex Money
Minimum Trade
0.01 lots	0.01 Lots
Regulator
SVGFSA, CySEC	FSC of Mauritius, SEBI, JFSA
Margin Trading
Yes	No
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Yes (iOS & Android)	iOS, Android and Windows
Auto Trading
Yes	Via Copy Trading choices
Copy Trading
Yes	No
Copy Trading Platform
Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.
Social Trading
Yes	No
Trade Signals
Yes (EAs)
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
0
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP CZK NGN
Stock Exchanges
Dow Jones FTSE UK Index Nasdaq
Commodities
Gasoline Gold Natural Gas Oil Silver	Gold Natural Gas Silver
CFD Trading
Trade CFDs on the financial markets with floating spreads and flexible leverage.
Leverage
1:500 (Global), 1:30 (EU)	1:400
FTSE Spread
1.8	13
GBPUSD Spread
1.1	0.7 var
Oil Spread
0.7	4 pts
Stocks Spread
Variable	Variable
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.	Alpari International offer forex over a huge range of pairs including Major, minor and exotic pairs. All with competitive spreads and laddered leverage.
Forex App
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
1.1	0.7 (var)
EURUSD Spread
0.7	0.4 (var)
EURGBP Spread
2.1	0.6 (var)
Assets
35	50+
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD.
Spread
Variable
Coins
BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Alpari offers fix contracts on major markets with various contract types and payouts available.
Payout
	80%
Expiry Times
	30 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review
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