OctaFX vs Global Market Index
| OctaFX | Global Market Index |
|---|---|
4.1
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Not Yet Rated
Global Market Index is #12 in our CFD broker rankings. |
 Traders from US not accepted |
Traders from US accepted |
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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. |
Global Market Index offers multiple asset classes on five powerful trading platforms. |
| Pros | |
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| Cons | |
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| Awards | |
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| Promotions | |
| Bonus | |
| Up to 50% deposit bonus | |
| Instruments | |
| Forex, CFDs, indices, commodities, cryptocurrencies | Forex, CFDs, Metals |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $2,000 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 lots | 0.01 lots |
| Regulator | |
| SVGFSA, CySEC | FCA, VFSC |
| 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 | 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) | Yes |
| Auto Trading | |
| Yes | Yes (APIs) |
| 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 | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| 0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs on the financial markets with floating spreads and flexible leverage. | Trade index and commodity CFDs with up to 1:200 leverage and floating spreads. |
| Leverage | |
| 1:500 (Global), 1:30 (EU) | 1:200 |
| FTSE Spread | |
| 1.8 | Floating |
| GBPUSD Spread | |
| 1.1 | N/A |
| Oil Spread | |
| 0.7 | Floating |
| Stocks Spread | |
| Variable | N/A |
| Forex Trading | |
| OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips. | Major and minor currency pairs including EUR/USD with low spreads. |
| 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. |
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| GBPUSD Spread | |
| 1.1 | Floating from 1 pip |
| EURUSD Spread | |
| 0.7 | Floating from 1 pip |
| EURGBP Spread | |
| 2.1 | Floating from 1 pip |
| Assets | |
| 35 | 40+ |
| Cryptocurrency | |
| Trade 30+ popular digital currencies paired with the USD. | Crypto trading not offered |
| Spread | |
| Variable | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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OctaFX vs |
Global Market Index vs |