OctaFX vs iFOREX
OctaFX | iFOREX |
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4.1
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Not Yet Rated
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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. |
iFOREX is a multi-regulated forex & CFD broker with millions of clients worldwide |
Bonus Offer | |
Up to 50% deposit bonus | |
Promotions | |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, commodities, cryptocurrencies | Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 lots | 0.01 lots |
Regulator | |
SVGFSA, CySEC | CySEC, FCA, BVI |
Margin Trading | |
Yes | No |
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) | Yes |
Auto Trading | |
Yes | |
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) | Yes |
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 | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade CFDs on the financial markets with floating spreads and flexible leverage. | iFOREX offers hundreds of CFDs on FX, indices, shares, commodities, and cryptocurrencies |
Leverage | |
1:500 (Global), 1:30 (EU) | 1:30 |
FTSE Spread | |
1.8 | 2.4 |
GBPUSD Spread | |
1.1 | 2.8 |
Oil Spread | |
0.7 | 5.4 pips |
Stocks Spread | |
Variable | Variable |
Forex Trading | |
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips. | iFOREX offers trading on approaching 100 currencies from around the world |
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 | 1.8 |
EURUSD Spread | |
0.7 | 1.8 |
EURGBP Spread | |
2.1 | 2.8 |
Assets | |
35 | 90 |
Cryptocurrency | |
Trade 30+ popular digital currencies paired with the USD. | iFOREX offers trading on popular cryptocurrency coins |
Spread | |
Variable | 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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More Comparisons | |
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