Sheer Markets vs OctaFX

Sheer Markets vs OctaFX Comparison Table 2022
Sheer Markets OctaFX
Sheer Markets is a Cypriot broker offering MT4 and MT5 trading in CFDs, forex and equities from across the world. OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
United States Flag Traders from US not accepted
United States Flag Traders from US not 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
None 50% deposit bonus
Instruments
Stocks, CFD, Forex, Crypto Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$200 $100
Payment Methods
Mastercard, Neteller, Skrill, Visa, Wire Transfer Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC CySEC
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
STP Account
No No
ECN Account
No Yes
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
iOS & Android Yes
Auto Trading
- Yes
Trade Signals
- Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
USD, EUR -
CFD
Sheer Markets offers CFDs on European, UK and US equities, major global indices, commodities (including gold and oil) and cryptocurrencies. Trade on the financial markets with CFDs.
Leverage
1:30 Retail, 1:100 Professional 1:30
FTSE Spread
Variable 1.8
GBPUSD Spread
Variable 1.1
Oil Spread
Variable 1.1
Stocks Spread
Variable Variable
Forex
Sheer Markets supports trading in major, minor, exotic and emerging markets currency pairs. OctaFX offers leveraged trading on currencies.
GBPUSD Spread
Variable 1.1
EURUSD Spread
Variable 0.7
EURGBP Spread
Variable 2.1
Assets
90 28
Cryptocurrency
Sheer Markets supports CFD trading in four major cryptocurrencies. Trade popular digital currencies at OctaFX.
Spread
Variable Variable
Coins
BTC, ETH, LTC, BCH BTC, LTC, ETH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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