Written by ForexBrokers.com
In this head to head comparison of ACY Securities vs Octa, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ACY Securities and Octa are both online brokers that entered the financial market in 2011. Neither broker is publicly traded or operates as a bank, offering a private yet professional trading experience. On the regulatory front, both ACY Securities and Octa hold one Tier-1 license each, signifying a high level of trust. However, Octa takes a slight edge by having an additional Tier-2 license, which is considered trusted.
When comparing trust ratings, ACY Securities boasts a ForexBrokers.com Trust Score of 75, placing it in the average risk category. Octa, with a score of 72, also falls in the average risk bracket. These scores suggest that while both brokers offer a reliable platform, prospective traders should weigh the balance of regulatory benefits and risk ratings in their investment decision-making process.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Year Founded | 2011 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to commissions and fees, ACY Securities appeals to a wide range of traders by offering flexible account types. While the Standard account has slightly higher spreads than many competitors, the ProZero account provides spreads that are better than the industry average. Interestingly, for Australian residents, the total trading costs are even more attractive due to reduced commissions. ACY offers three account types with varying minimum deposits and trading costs. The Standard account is free from commissions but has wider spreads, whereas the ProZero and Bespoke accounts offer much tighter spreads for a small commission. For instance, the ProZero account spreads can drop to 0.25 pips with a $6 commission per round turn, and the Bespoke account further lowers that cost to $5 per round turn.
Octa has made significant strides in reducing costs and now ranks among the more affordable MetaTrader brokers. Known for executing most orders without slippage and avoiding overnight fees, Octa does impose some restrictions that could affect frequent traders. The cost structure at Octa varies based on your account type and the regulatory entity overseeing it, with European clients seeing slightly lower spreads for popular currency pairs like EUR/USD. The broker shows a competitive edge in pricing, though lacks clear date references for its published spread data, making precise comparisons challenging.
In terms of overall rating, ACY Securities scores 4.5 out of 5 stars, placing it at #21 out of 62 brokers in the Commissions and Fees category according to ForexBrokers.com. On the other hand, Octa receives a 4-star rating and ranks #28 in the same category. While both brokers offer competitive pricing, ACY Securities generally provides lower effective costs, especially for Australian traders, making it a slightly preferable choice for those prioritizing fees.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Minimum Deposit | $50 | $25 |
| Average Spread EUR/USD - Standard | 1.2 | 0.9 |
| All-in Cost EUR/USD - Active | 0.85 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
ACY Securities and Octa both offer the ability to trade forex as CFDs, providing investors with opportunities to engage in currency markets. However, ACY Securities stands out with 2,200 tradeable symbols, offering 66 forex pairs, whereas Octa presents 257 symbols and 35 forex pairs. Neither broker provides access to U.S. exchange-traded securities like Apple shares, but Octa gives investors a unique opportunity to buy international exchange-traded securities, unlike ACY Securities.
For those interested in copy trading, both ACY Securities and Octa offer this feature. When it comes to cryptocurrencies, both platforms provide derivative options without allowing the purchase of actual cryptocurrencies. According to ForexBrokers.com, ACY Securities earns a slightly higher range of investments rating of 4 stars and is ranked 30th out of 62 brokers, compared to Octa's 3.5 stars and 52nd rank.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2200 | 257 |
| Forex Pairs (Total) | 66 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
ACY Securities and Octa both excel in offering a comprehensive trading experience with a variety of platforms and tools to suit different trader preferences. They provide simulated trading through free virtual demo accounts, allowing traders to hone their skills without financial risk. Both brokers have their unique, in-house developed trading platforms along with traditional favorites like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Whether you prefer a Windows-based downloadable desktop platform or the flexibility of a web-based browser platform, both brokers have you covered. The ability to engage in copy trading is also available with each broker, though neither supports platforms like DupliTrade or ZuluTrade.
When it comes to enhancing your trading strategy, ACY Securities and Octa both offer 15 drawing tools for charting, ensuring detailed technical analysis. Additionally, trading directly from stock charts is an integrated feature, streamlining the trading process. For watchlists, you can access up to 7 fields to monitor your chosen instruments. In terms of user ratings, both brokers are noted for their trading platforms and tools with four out of five stars. However, the rankings vary slightly with Octa positioned at 37th and ACY Securities at 41st out of 62 brokers according to ForexBrokers.com, showcasing their commendable offerings in competitive standings.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of ACY Securities and Octa, both platforms offer a range of comparable features for users on the move. Both brokers support mobile applications for iPhone and Android devices, allowing traders to manage their investments from almost anywhere. Users can receive stock or forex price alerts through both apps, enabling timely decision-making. Both apps allow traders to execute technical analysis with 30 technical studies available for charting and support drawing trend lines. The ability to view charts across multiple time frames, such as daily, weekly, or intraday, is another shared feature, and both apps conveniently auto-save chart drawings.
However, neither ACY Securities nor Octa offers the functionality to sync watchlist symbols between their mobile apps and a user's online account, which could be a noteworthy consideration for traders seeking seamless integration. Both apps allow the creation of watchlists with real-time quotes to keep tabs on preferred stocks or forex pairs. In terms of user ratings, both mobile apps boast a solid 4-star rating. Despite this, Octa holds a slightly higher ranking (#36) compared to ACY Securities (#40) in the Mobile Trading Apps category on ForexBrokers.com, out of 62 brokers. While the features offered are notably similar, this slight difference in ranking could influence the choice for traders prioritizing industry standing.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both ACY Securities and Octa offer daily market commentary to keep traders informed. However, Octa stands out by providing forex news from top-tier sources like Bloomberg and Reuters, which ACY Securities does not offer. Additionally, traders using Octa can access popular research tools from Autochartist, while ACY Securities lacks this feature. Neither broker provides sentiment-based trading tools nor research from partners like Trading Central, TipRanks, or Acuity Trading.
Both brokers feature an economic calendar to track global economic events, which is essential for traders looking to stay updated. In terms of ratings, Octa scores slightly higher in research with 4 stars compared to ACY Securities’ 3.5 stars. This is further supported by their rankings from ForexBrokers.com, where Octa takes a significantly better position at 26th among 62 brokers, compared to ACY Securities’ 44th place. Overall, Octa seems to offer a more comprehensive research toolkit for informed trading.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both ACY Securities and Octa provide a variety of learning tools related to forex and CFDs. They each offer a minimum of ten educational pieces, including articles, videos, and archived webinars, aimed at enhancing your understanding of trading. Monthly webinars are also available from both brokers, catering to those who prefer a more interactive learning experience. Additionally, each broker maintains an archive of recorded webinars that can be searched, allowing you to revisit sessions at your convenience.
For those new to trading, both ACY Securities and Octa provide at least ten beginner-oriented educational videos covering essential trading topics. However, when it comes to more advanced trading knowledge, only Octa offers over ten advanced educational videos suitable for experienced traders. Furthermore, Octa stands out by featuring an investor dictionary containing definitions of over 50 investing terms, an advantage for those looking to enhance their financial vocabulary. Based on these offerings, Octa is rated slightly higher for education at 4 stars, compared to ACY Securities' 3.5 stars. In the broader landscape, Octa ranks 41 out of 62 brokers for educational resources on ForexBrokers.com, while ACY Securities comes in at 43.
| Feature |
ACY Securities
|
Octa
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that ACY Securities is better than Octa. ACY Securities finished with an overall rank of #41, while Octa finished with an overall rank of #47.
ACY Securities is a MetaTrader-only broker with a reasonable range of markets and a balanced account offering. The broker’s research and educational content, however, could be greatly improved upon.
| Feature |
ACY Securities
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Octa
|
|---|---|---|
| Overall Rating |
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| Trust Score | 75 | 72 |
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Both ACY Securities and Octa do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to purchase cryptocurrency derivatives.
ACY Securities and Octa differ in their deposit and withdrawal options, with ACY Securities offering ACH, SEPA, Skrill, Visa, Mastercard, and bank wires, while Octa does not support ACH or SEPA but provides options for Skrill, Visa, Mastercard, and bank wires, with neither broker supporting PayPal transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | ACY Securities | Octa | |
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| Trust Score | 75 | 72 | |
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| Review | ACY Securities Review | Octa Review |
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| Regulation | ACY Securities | Octa | |
|---|---|---|---|
| Trust Score | 75 | 72 | |
| Year Founded | 2011 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ACY Securities | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | ACY Securities | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ACY Securities | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2200 | 257 | |
| Forex Pairs (Total) | 66 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ACY Securities | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.85 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | ACY Securities | Octa | |
|---|---|---|---|
| Minimum Deposit | $50 | $25 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | ACY Securities | Octa | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ACY Securities | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ACY Securities | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | ACY Securities | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ACY Securities | Octa | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | ACY Securities | Octa | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | ACY Securities Review | Octa Review |
| Overall | ACY Securities | Octa | |
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| Trust Score | 75 | 72 | |
| Winner | check_circle | ||
| Review | ACY Securities Review | Octa Review |
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