Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
AvaTrade, established in 2006, holds a strong position in terms of trust and regulatory oversight, demonstrated by its four Tier-1 licenses and three Tier-2 licenses. With a high Trust Score of 94 from ForexBrokers.com, AvaTrade is considered highly trusted, reflecting its stringent regulatory compliance. Although not publicly traded and not functioning as a bank, AvaTrade stands out for its reliable regulatory credentials.
Founded in 2011, Octa presents a different regulatory profile with one Tier-1 license and one Tier-2 license. It holds a ForexBrokers.com Trust Score of 72, indicating an average risk level. Like AvaTrade, it is not listed on a stock exchange and does not operate as a bank. While both brokers are trustworthy, AvaTrade offers a higher level of regulatory assurance compared to Octa.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Year Founded | 2006 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
AvaTrade offers competitive spreads that hover around the industry average, typically just under one pip (0.9 pips as of June 2024). While AvaTrade's standard spreads are slightly higher compared to entry-level accounts from competitors like CMC Markets and Tickmill, those who qualify as professional traders enjoy even more favorable rates, with spreads reduced to 0.6 pips. This pricing positions AvaTrade similarly to brokers like FP Markets. With a commendable rating of 4.5 stars, AvaTrade stands at the 12th position out of 62 brokers evaluated by ForexBrokers.com for commissions and fees.
Octa has enhanced its pricing offerings significantly, becoming more competitive among MetaTrader brokers known for cost-effectiveness. A key highlight of Octa's service is the absence of slippage on 97.5% of executed orders and a lack of overnight carry costs, though some trading restrictions may impact high-frequency traders. Depending on account type and the regulatory entity (EU, South Africa, or Mwali), fees at Octa can vary, with the EU entity offering more favorable spreads for pairs like EUR/USD, listed at 0.5 pips average, compared to 0.9 pips for other entities. Octa earns a solid 4-star rating for its fees, ranking it 28th out of 62 brokers in the ForexBrokers.com evaluation.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Minimum Deposit | $100 | $25 |
| Average Spread EUR/USD - Standard | 0.93 | 0.9 |
| All-in Cost EUR/USD - Active | 0.61 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
When comparing AvaTrade and Octa, both brokers provide options for forex trading in the form of CFDs or spot contracts. AvaTrade boasts a significant range with 1,260 tradeable symbols and caters to forex traders with 53 currency pairs. In contrast, Octa offers 257 tradeable symbols and 35 forex pairs. Unfortunately, neither broker provides access to exchange-traded securities on U.S. exchanges like Apple shares, but Octa stands out by offering international exchange-traded securities, such as shares on the London Stock Exchange. Both platforms support copy trading, making them suitable for those interested in mirroring other traders' strategies. Additionally, AvaTrade and Octa provide the option to trade cryptocurrency derivatives, although neither offers the opportunity to acquire actual cryptocurrencies.
AvaTrade receives a higher rating of 4 stars for its range of investments, compared to Octa’s 3.5 stars, reflecting a broader selection and more robust choices for traders. On ForexBrokers.com, AvaTrade ranks #32 for its investment offerings, whereas Octa is ranked at #52 out of 62 brokers. Despite the differences, both platforms are equipped to facilitate varied trading needs but diverge in the extent and type of investment options available, particularly evident in their diverse ratings and rankings among their peers.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 257 |
| Forex Pairs (Total) | 53 | 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.
AvaTrade and Octa both offer a range of trading platforms and tools that cater to diverse trading needs. Both brokers provide simulated trading with free virtual demo accounts and make use of proprietary platforms developed in-house. Additionally, they support popular platforms like MetaTrader 4 and MetaTrader 5. For those who prefer trading on-the-go or via desktop, both brokers offer Windows-based desktop downloads and web-based browser platforms. Besides, traders looking to replicate the strategies of successful investors can engage in copy trading with both AvaTrade and Octa. Notably, AvaTrade also extends its offering with platforms like DupliTrade and ZuluTrade, options not available with Octa.
When it comes to charting capabilities, Octa slightly edges AvaTrade with 15 drawing tools compared to AvaTrade's 13. However, both provide the essential ability to trade directly from stock charts and cater equally with watch list customization through seven columns. In terms of expert evaluations, AvaTrade scores higher in the Trading Platforms and Tools category, securing 4.5 stars, compared to Octa's 4 stars. This distinction is underscored by ForexBrokers.com rankings, where AvaTrade stands at the 13th position, significantly outperforming Octa, which comes in at 37th out of 62 brokers.
| Feature |
AvaTrade
|
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 | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Drawing Tools (Total) | 13 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both AvaTrade and Octa offer mobile trading apps for iPhone and Android users, ensuring that traders can access their platforms from a variety of devices. Each app provides essential features like stock or forex price alerts, the ability to view multiple time frames on charts, and the capability to create watchlists with real-time quotes. However, when it comes to syncing watchlists across mobile and online accounts, AvaTrade does have the upper hand as Octa lacks this feature.
In terms of charting features, AvaTrade app users can leverage a more extensive array of technical studies, boasting 73 options compared to Octa's 30. Both apps allow for the drawing of trendlines, but Octa's app auto-saves chart drawings, a feature not available with AvaTrade. Despite this, AvaTrade secures a higher mobile trading app rating with 4.5 out of 5 stars and ranks 13th out of 62 brokers on ForexBrokers.com, while Octa trails with 4 stars and a rank of 36th. AvaTrade’s range of tools and syncing capabilities may appeal to traders seeking a seamless and feature-rich mobile trading experience.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing AvaTrade and Octa for accessing market research resources, each platform presents unique advantages. Octa stands out by providing daily market commentary, helping traders stay informed with timely insights. Both AvaTrade and Octa deliver forex news from renowned sources like Bloomberg and Reuters, ensuring vital news coverage for their users. In terms of analytical tools, Octa offers advanced technical analysis from Autochartist, while AvaTrade partners with Trading Central for comprehensive market analytics. AvaTrade enhances strategy options with sentiment-based tools, catering to traders looking to gauge market sentiment, a feature not available with Octa.
Both AvaTrade and Octa provide an economic calendar to track significant global events, making it easier for traders to anticipate market movements. Despite their various offerings, neither broker incorporates market research from TipRanks or tools from Acuity Trading. When evaluated for research capabilities, both brokers boast a four-star rating, yet Octa is ranked slightly higher at #26, compared to AvaTrade's #34 ranking out of 62 brokers by ForexBrokers.com. This information positions Octa as a slightly more favored choice in terms of research availability and its appeal to traders seeking reliable market insights.
| Feature |
AvaTrade
|
Octa
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | 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 AvaTrade and Octa provide a solid foundation to help new traders learn the ropes of forex and CFDs. Each platform offers more than ten educational pieces that include articles, videos, and archived webinars, ensuring comprehensive exposure to trading concepts. New traders have access to monthly online educational webinars with the option to revisit past sessions, thanks to each broker's searchable archive. Additionally, both platforms cater to beginners and seasoned traders alike with at least ten videos for each experience level. To help demystify trading jargon, both AvaTrade and Octa provide an investor dictionary with over 50 definitions of key investing terms.
Although AvaTrade and Octa both score 4 out of 5 stars for their educational offerings, a significant difference lies in their rankings by ForexBrokers.com. AvaTrade ranks impressively at #2 out of 62 brokers for education, while Octa comes in at #41. This ranking suggests that AvaTrade may have an edge in the consistency or quality of its educational resources, making it a potentially stronger choice for those seeking top-notch learning materials as they begin their trading journey.
| Feature |
AvaTrade
|
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 | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that AvaTrade is better than Octa. AvaTrade finished with an overall rank of #13, while Octa finished with an overall rank of #47.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
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Octa
|
|---|---|---|
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| Trust Score | 94 | 72 |
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Both AvaTrade and Octa allow investors to engage in cryptocurrency derivatives, but neither platform provides the option to purchase the actual, delivered cryptocurrency.
When comparing the online brokers AvaTrade and Octa, it's important to note that both platforms do not support ACH or SEPA transfers; however, AvaTrade stands out by offering PayPal along with Skrill, Visa/Mastercard, and bank wires for deposits and withdrawals, while Octa provides similar options excluding PayPal, but includes Skrill, Visa/Mastercard, and bank wires.
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 | AvaTrade | Octa | |
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| Trust Score | 94 | 72 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Octa Review |
| Broker Screenshots | AvaTrade | Octa | |
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| Regulation | AvaTrade | Octa | |
|---|---|---|---|
| Trust Score | 94 | 72 | |
| Year Founded | 2006 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | AvaTrade | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 257 | |
| Forex Pairs (Total) | 53 | 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 | AvaTrade | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.61 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | Octa | |
|---|---|---|---|
| Minimum Deposit | $100 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | AvaTrade | 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 | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| Charting - Drawing Tools (Total) | 13 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | Octa | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | 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 | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | AvaTrade | 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 | AvaTrade Review | Octa Review |
| Overall | AvaTrade | Octa | |
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| Trust Score | 94 | 72 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Octa Review |
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