Profile
This Octa Markets Ltd review examines the international operations of Octa (formerly OctaFX), a global CFD broker offering forex and multi-asset trading through offshore regulation. Octa Markets Ltd serves clients outside the EU and UK under less stringent jurisdictions, primarily through its Saint Vincent and the Grenadines entity.
Regulation and Safety
Octa Markets Ltd is registered in Saint Vincent and the Grenadines (SVG), Registration No. 19776. It is not regulated by any tier-1 or tier-2 financial authority.
- No investor protection schemes or financial compensation programs
- Client funds are reportedly held in segregated accounts
- KYC and AML compliance enforced during onboarding
As an unregulated offshore broker, Octa Markets Ltd offers limited transparency compared to its CySEC-regulated European counterpart.
Execution Model and Trading Platforms
Octa Markets Ltd operates a no dealing desk (NDD) model with market execution. It connects to third-party liquidity providers for forex and CFD order flow.
Available trading platforms include:
- MetaTrader 4 (MT4) – For forex and CFDs with automated trading capabilities
- MetaTrader 5 (MT5) – With access to more instruments and improved depth of market
- OctaTrader – Proprietary web-based and mobile platform
Octa supports copy trading via its proprietary app. FIX API is not offered. VPS hosting is available to eligible clients trading actively.
Markets and Instruments
Octa Markets Ltd offers CFD trading in the following asset classes:
- Forex – 35+ currency pairs including majors, minors, and exotics
- Indices – Dow Jones, NASDAQ, S&P 500, DAX, FTSE
- Commodities – Gold, silver, oil, natural gas
- Cryptocurrencies – BTC, ETH, XRP, LTC, ADA and more
- Stocks – US shares (CFDs) including Tesla, Apple, Amazon
Total asset count exceeds 150 instruments depending on platform used.
Accounts, Spreads and Leverage
Octa Markets Ltd provides a single account structure with the following conditions:
- Spreads from 0.6 pips (EUR/USD)
- No trading commissions
- Maximum leverage up to 1:500 for forex, 1:50 for indices, and 1:25 for crypto
- Minimum deposit: $25
Islamic swap-free accounts are available. Negative balance protection is claimed but not enforced under regulation.
Funding and Base Currencies
Octa Markets Ltd supports a wide variety of deposit and withdrawal methods:
- Visa/Mastercard
- Skrill, Neteller, Perfect Money
- Cryptocurrencies – BTC, USDT (TRC20), ETH
- Local bank methods in select regions (e.g., Indonesia, India, Nigeria)
Accepted base currencies: USD, EUR, IDR, INR, NGN. Most deposits are instant, and withdrawals are processed within 1–3 hours with no internal fees.
Client Protections and Features
While not subject to regulatory mandates, Octa Markets Ltd voluntarily implements:
- Segregated fund handling and internal risk controls
- 2FA login protection and biometric authentication on apps
- Educational webinars, video tutorials, and market insights
- Octa Copy Trading platform for social trading
No FSCS or ICF coverage applies to clients under this offshore entity.
Institutional and Retail Offering
Octa Markets Ltd primarily targets retail traders in emerging markets. Institutional services such as FIX API, white-label partnerships, or liquidity solutions are not offered. However, active traders may benefit from personalized support, trading contests, and cashback rebates.
Pros
- High leverage up to 1:500
- MT4, MT5, and OctaTrader platform access
- Crypto, stock, and index CFDs available
- Fast withdrawals with zero fees
- Localized payment methods for Asia and Africa
Cons
- Unregulated offshore registration
- No investor protection fund or compensation scheme
- Limited transparency on order execution
- No MT5 stock CFD trading in some regions
Frequently Asked Questions
Is Octa Markets Ltd regulated?
No, Octa Markets Ltd is registered in Saint Vincent and the Grenadines and is not regulated by any major financial authority.
What platforms does Octa offer?
Octa supports MetaTrader 4, MetaTrader 5, and its proprietary OctaTrader platform.
What is the maximum leverage at Octa Markets Ltd?
Leverage goes up to 1:500 for forex, depending on the asset class and region.
Are withdrawals fast and fee-free?
Yes, Octa processes most withdrawals within 1–3 hours and does not charge internal withdrawal fees.
Does Octa Markets Ltd offer copy trading?
Yes, Octa offers a built-in Copy Trading app for clients to follow signal providers directly.