OctaFX Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If OctaFX does not match your requirements we explain the top OctaFX alternatives and OctaFX competitors in this guide.
The best alternative for OctaFX is IC Markets or Roboforex.
When searching for a OctaFX alternative, there are a few things you need to check. The OctaFX trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top OctaFX alternatives and competitors feature by feature further below this OctaFX alternatives guide.
If you are looking for a trading platform that offers similar features to OctaFX or OctaFX. Or if you are looking for features that OctaFX does not offer that you require when trading, we will show you the best OctaFX alternative options below.
We highlight the pros and cons of each OctaFX alternative. Maybe you are looking for better customer service from a OctaFX alternative or more competitive OctaFX fees and more financial instruments to trade.
We have listed some reasons why OctaFX may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- OctaFX does not offer Guaranteed Stop Loss (See OctaFX alternatives who offer Guaranteed Stop Loss here)
- ECN accounts are not offered by OctaFX (Look here for OctaFX alternatives offering ECN accounts)
- cTrader is not offered by OctaFX (find OctaFX alternatives offering the cTrader trading platform here)
- OctaFX does not offer VIP accounts (Check here for OctaFX alternatives offering VIP accounts)
Top OctaFX Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★☆☆☆☆ 1/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | MT4, MT5, OctaTrader, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 300 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 5 | 200 | 10 |
| 👱♂️ Used By | 7,500,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2011 | 2007 | 2009 |
| 👮♂️ Regulation | MISA (Mwali International Services Authority) (T2023320) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | St. Vincent and the Grenadines | Australia | Belize |
| 🚫 Excluded Countries | US | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature OctaFX alternative comparison, you can scroll further down here.
