OctaFX vs Interactive Brokers

OctaFX vs Interactive Brokers Comparison Table 2021
OctaFX Interactive Brokers
OctaFX offers multi-asset trading on a range of platforms and mobile solutions. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
50% deposit bonus None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 $10000
Payment Methods
Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay Apple Pay, Cheque, Credit Card, Google Pay, Mastercard, Samsung Pay
Minimum Trade
0.01 lots $100
Regulator
CySEC SEC, FCA
Margin Trading
No Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No Yes
ECN Account
Yes No
DMA Account
No Yes
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes No
Trade Signals
Yes No
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF
CFD
Trade on the financial markets with CFDs.
Leverage
1:30 (EU), 1:500 (Non-EU) 1:50 Var
FTSE Spread
1.8 0.005% (£1 Min)
GBPUSD Spread
1.1 Commission (.20 pts x trade value)
Oil Spread
1.1 N/A
Stocks Spread
Variable From 0.003 per share, variable
Forex
OctaFX offers leveraged trading on currencies.
GBPUSD Spread
1.1 Commission (.20 pts x trade value)
EURUSD Spread
0.7 Commission (.20 pts x trade value)
EURGBP Spread
2.1 Commission (.20 pts x trade value)
Assets
28 70+
Cryptocurrency
Trade popular digital currencies at OctaFX.
Spread
Variable
Coins
BTC, LTC, ETH BTC, LTC, ETH, XRP