OctaFX vs Expert Option

OctaFX vs Expert Option Comparison Table 2023
OctaFX	Expert Option
Review 4.1	Review 3.5
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.	ExpertOption offers digital trading on forex, cryptocurrencies, commodities, indices and stocks. The user-friendly trading platform is ideal for beginners and novice investors.
Bonus Offer
Up to 50% deposit bonus	100% deposit bonus
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	Options, stocks, commodities, forex, crypto, futures,
Demo Account
Yes	Yes
Minimum Deposit
$100	$10
Payment Methods
Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer	Bitcoin Payments FasaPay Flutterwave M-Pesa Maestro Mastercard Neteller Perfect Money QIWI Skrill UnionPay Visa WebMoney Wire Transfer Yandex Money
Minimum Trade
0.01 lots	$/€1
Regulator
SVGFSA, CySEC	SVGFSA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
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	No
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	No
Mobile Apps
Yes (iOS & Android)	iOS and Android
Auto Trading
Yes	ExpertBot
Copy Trading
Yes	Yes
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.	You can study and copy the positions of established VIPs to increase potential returns
Social Trading
Yes	Yes
Trade Signals
Yes (EAs)	Only for Platinum and Exclusive accounts
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
0
Islamic Account
Yes	No
Account Currencies
USD EUR	USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR TRY SEK NOK DKK CHF HKD SGD RUB PLN CZK AED
Stock Exchanges
Dow Jones FTSE UK Index Nasdaq
Commodities
Gasoline Gold Natural Gas Oil Silver	Gold Platinum Silver
CFD Trading
Trade CFDs on the financial markets with floating spreads and flexible leverage.	CFD trading not offered
Leverage
1:500 (Global), 1:30 (EU)
FTSE Spread
1.8
GBPUSD Spread
1.1
Oil Spread
0.7
Stocks Spread
Variable
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.	Trade some of the most popular forex pairs with leverage up to 1:30
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	$5 on any winning trades + 5% on payouts
EURUSD Spread
0.7	$5 on any winning trades + 5% on payouts
EURGBP Spread
2.1	$5 on any winning trades + 5% on payouts
Assets
35	6
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD.	Trade three of the biggest cryptocurrencies.
Spread
Variable	$5 on any winning trades
Coins
BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE	BTC BCH ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Expert Option is a well-known binary options broker providing access to 100 assets with a $5 charge on winning trades.
Payout
	95%
Expiry Times
	60 seconds - 5 minutes
Ladder Options
No	No
Boundary Options
No	Yes

Review	Review
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