OctaFX vs Forex.com

OctaFX vs Forex.com Comparison Table 2023
OctaFX	Forex.com
Review 4.1	Review 4.5 Forex.com is #1 in our CFD broker rankings.
Traders from US not accepted	Traders from US 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.	Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
Bonus Offer
Up to 50% deposit bonus
Promotions
Get A 50% Bonus On Each Deposit At OctaFX
Comment by Reviewer
	"Forex.com is excellent for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."
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	Top-rated forex and CFD broker The broker’s parent company, StoneX, is listed on the NASDAQ Thousands of assets are available from currencies to stocks, indices and commodities Leading trading tools, including Trading Central, SMART Signals and MetaTrader 4 Multiple account currencies including USD, EUR and GBP Industry-leading pricing on popular forex assets Up to 15% cashback rebates for active traders VPS hosting for automated strategies Free demo account for beginners Fast order execution speed TradingView integration Low minimum deposit
Cons
Few payment methods No global stocks trading Zero pip spreads unavailable The global entity is regulated offshore Small selection of tradeable instrument	$15 inactivity fee No copy trading tool Tools and platform access varies between countries
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	Best CFD Broker 2022 - Rankia Best HNW Service 2022 - Dubai Forex Expo Best US Broker 2020 - DayTrading.com Best US Broker 2019 - DayTrading.com Runner-Up - Best Forex Broker 2019 - DayTrading.com
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies	Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account
Yes	Yes
Minimum Deposit
$100	$100
Payment Methods
Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer	ACH Transfer Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 lots	$1
Regulator
SVGFSA, CySEC	CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
Yes	Yes
eSignal
No	Yes
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
Yes	Yes
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes (iOS & Android)	iOS & Android
Auto Trading
Yes	Automated trading supported through platforms (MT4)
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)	SMART Signals
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
0	$15
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP CAD CHF
Stock Exchanges
Dow Jones FTSE UK Index Nasdaq	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gasoline Gold Natural Gas Oil Silver	Cocoa Coffee Cotton Gold Livestock Natural Gas Oil Silver Soybeans Sugar Wheat
CFD Trading
Trade CFDs on the financial markets with floating spreads and flexible leverage.	Go long and short on a range of popular financial markets with intuitive platforms and reliable execution. 99.76% of trades are executed in less than a second with an average speed of 0.02 seconds.
Leverage
1:500 (Global), 1:30 (EU)	1:200
FTSE Spread
1.8	1 pt
GBPUSD Spread
1.1	1.0 Var
Oil Spread
0.7	0.04 Var
Stocks Spread
Variable	0.1% (Min Commission Applies)
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.	Forex.com is a leading FX broker. The brand offers a huge range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.2 with a $5 commission per $100k.
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.	Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.
GBPUSD Spread
1.1	1.0 Var
EURUSD Spread
0.7	0.8 Var
EURGBP Spread
2.1	0.8 Var
Assets
35	80+
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD.	Trade major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet is required, just a trading account. Cryptos are not available in the US, UK or Canada.
Spread
Variable	BTC 1.4%, ETH 2%
Coins
BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE	BTC BCH ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
OctaFX vs	Forex.com vs