OctaFX vs Nexo

OctaFX vs Nexo Comparison Table 2022
OctaFX Nexo
WINNER
Nexo is the better broker
4.1
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US accepted
OctaFX offers multi-asset trading on a range of platforms and mobile solutions. Nexo is a crypto platform with a range of blockchain-based solutions, including trading, lending, borrowing, and payment cards.
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 Loyalty scheme with various bonuses, plus referral program
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $10
Payment Methods
Minimum Trade
0.01 lots $30
Regulator
CySEC ASIC, FCEN
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes 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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes (iOS & Android) iOS & Android
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 the MetaTrader suites and cTrader. cTrader Copy is a flexible investment platform offering a smooth copy trader experience alongside advanced trading features.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
Commodities
CFD Trading
Trade on the financial markets with CFDs. CFD trading not offered
Leverage
1:30
FTSE Spread
1.8
GBPUSD Spread<
1.1
Oil Spread
1.1
Stocks Spread
Variable
Forex Trading
OctaFX offers leveraged trading on currencies. Forex trading not offered
GBPUSD Spread
1.1
EURUSD Spread
0.7
EURGBP Spread
2.1
Assets
28
Cryptocurrency
Trade popular digital currencies paired with the USD. Nexo supports cryptocurrency trading through its exchange platform on 35+ in-demand tokens.
Spread
Variable N/A
Coins
  • BTC
  • LTC
  • ETH
  • ZEC
  • SOL
  • ADA
  • DOT
  • ATOM
  • LINK
  • AVAX
  • BTB
  • MANA
  • MATIC
  • BTC
  • ETH
  • NEXO
  • USDT
  • USDC
  • AXS
  • RUNE
  • MATIC
  • DOT
  • APE
  • AVAX
  • KSM
  • ATOM
  • FTM
  • NEAR
  • BNB
  • ADA
  • SOL
  • XRP
  • LTC
  • LINK
  • BCH
  • TRX
  • XLM
  • EOS
  • PAXG
  • UNI
  • DOGE
  • MANA
  • SAND
  • GALA
  • SUSHI
  • AAVE
  • CRV
  • MKR
  • 1INCH
  • DAI
  • USDP
  • TUSD
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
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