Written by ForexBrokers.com
In this head to head comparison of Capital.com 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.
Capital.com and Octa are both online brokers that offer trading services, but they differ in their regulatory standing and trustworthiness. Founded in 2016, Capital.com has acquired a higher level of regulatory approval with three Tier-1 licenses, indicating a highly trusted status, and one Tier-2 license. On the other hand, Octa, founded in 2011, holds one Tier-1 license and one Tier-2 license, placing it a step below Capital.com in terms of regulatory endorsement.
According to ForexBrokers.com, Capital.com scores an 87 out of 99 in trust, making it a trusted broker. In comparison, Octa has a lower Trust Score of 72, which puts it in the average risk category. Neither Capital.com nor Octa is publicly traded or operates as a bank, but Capital.com's higher trust rating and more significant regulatory backing make it a less risky choice for online traders.
| Feature |
Capital.com
|
Octa
|
|---|---|---|
| Year Founded | 2016 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When evaluating the commissions and fees of online brokers, Capital.com stands out for its competitive pricing, which is slightly better than the industry average. Offering a universal account to retail traders and a specialized professional account, Capital.com features a dynamic spread for the EUR/USD pair, averaging 0.67 pips. This figure is confirmed as the average for April 2024, making Capital.com a strong contender for those seeking affordable forex trading. The broker is highly rated, earning 5 out of 5 stars for commissions and fees and securing the third spot in ForexBrokers.com's rankings out of 62 brokers.
In contrast, Octa has made significant strides in improving its pricing, narrowing the gap with some of the lowest-cost MetaTrader brokers. Notably, Octa offers no slippage on 97.5% of executed orders and does not charge overnight carry costs, although some restrictions may affect high-frequency traders. The fees and commissions are dependent on the account type and the Octa entity regulating it, with spreads varying based on the geographical entity. In Europe, a favorable spread of 0.5 pips for the EUR/USD pair is offered compared to 0.9 pips by its foreign counterparts. However, the absence of a date range for the spread data listed on its website raises questions about their reliability. Octa earns a respectable 4-star rating for commissions and fees and ranks 29th among 62 brokers in ForexBrokers.com's analysis.
| Feature |
Capital.com
|
Octa
|
|---|---|---|
| Minimum Deposit | $20 | $25 |
| Average Spread EUR/USD - Standard | 0.67 | 0.9 |
| All-in Cost EUR/USD - Active | 0.67 | 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 it comes to the variety of investments available, Capital.com shines with its extensive offerings. It provides traders with 3,007 tradeable symbols, significantly outpacing Octa's 300. Capital.com also offers 125 tradeable forex pairs compared to the 35 forex pairs available with Octa. Both platforms support forex trading through CFDs or spot contracts, and neither offers the ability to trade actual U.S. exchange-traded securities. However, Octa allows trading on international exchanges like the London Stock Exchange, providing a slight edge in this area.
In the realm of innovative features, Octa offers copy trading, giving users the opportunity to mimic successful traders' strategies, a feature not available with Capital.com. Both brokers provide access to cryptocurrency derivatives, yet neither supports the purchase of actual cryptocurrencies. According to ForexBrokers.com, Capital.com is ranked 22nd out of 62 brokers for its range of investments, boasting a 4.5-star rating. In contrast, Octa is ranked 52nd, with a rating of 3.5 stars, highlighting Capital.com's superior range of investment options.
| Feature |
Capital.com
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 3007 | 300 |
| Forex Pairs (Total) | 125 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | 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.
When comparing the trading platforms and tools of Capital.com and Octa, both brokers provide users with an array of features to enhance their trading experience. Capital.com and Octa both offer a free virtual demo account, proprietary platforms, Windows-based desktop downloads, and web-based platforms. They also both support MetaTrader 4 (MT4), enhancing trading flexibility. However, Octa leads with its support for MetaTrader 5 (MT5) and offers copy trading, which is not available through Capital.com. On the other hand, Capital.com provides more drawing tools for charting (18 compared to Octa's 15) and allows more customization for watch lists with 11 available columns versus Octa’s 7. Additionally, both platforms facilitate direct trading from stock charts.
In terms of performance ratings, Capital.com scores slightly higher with 4.5 out of 5 stars for trading platforms and tools, compared to Octa's 4 stars. Capital.com also ranks more favorably in ForexBrokers.com's evaluation, holding the 11th spot out of 62 brokers, while Octa comes in at 37th. This suggests that while both platforms offer comprehensive tools for traders, Capital.com generally provides a slightly superior platform in terms of available features and user satisfaction. Each platform's unique offerings make them suitable for different types of traders, with Capital.com appealing to those who prioritize customizability and Octa attracting those interested in advanced trading features like MetaTrader 5 and copy trading.
| Feature |
Capital.com
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 83 | 30 |
| Charting - Drawing Tools (Total) | 18 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Capital.com and Octa provide options for iPhone and Android users, ensuring a seamless trading experience across devices. Each platform offers essential features like stock or forex price alerts and the ability to draw trendlines on charts. With 30 technical studies available, traders on both apps can perform detailed charting analysis. Despite these similarities, neither app currently supports watchlist symbol syncing, meaning you'll need to manage watchlists separately on the app and your online account. However, both platforms allow users to create watchlists with real-time quotes, helping you stay updated on market movements.
In terms of user experience, Capital.com tends to edge out Octa. Both apps support multiple time frames, such as daily, weekly, or intraday, and automatically save chart drawings, ensuring a convenient and flexible trading process. Capital.com's mobile app stands out with a rating of 4.5 stars compared to Octa's 4 stars, reflecting a higher level of user satisfaction. Moreover, Capital.com ranks significantly higher at #12 in ForexBrokers.com's mobile app category, while Octa is placed at #35 out of 62 brokers. This suggests that Capital.com may offer a smoother and more user-friendly mobile trading experience overall.
| Feature |
Capital.com
|
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.
Capital.com and Octa both provide daily market commentary and feature economic calendars to keep traders informed of current and upcoming global news events. However, when it comes to forex news from top-tier sources such as Bloomberg or Reuters, Octa stands out, offering insights that Capital.com does not. Additionally, Octa offers advanced technical and fundamental analysis tools from Autochartist, which Capital.com lacks. On the other hand, Capital.com provides a sentiment-based trading tool that displays a ratio of long or short positions across different instruments, a feature absent from Octa's offerings. Furthermore, Capital.com offers insights from TipRanks for enhanced market research, whereas Octa does not.
Overall, Capital.com receives a slightly higher rating of 4.5 stars for research purposes compared to Octa's 4 stars, reflecting a higher value placed on its resources and tools by reviewers. According to ForexBrokers.com, Capital.com is ranked #14 out of 62 brokers in the Research category, while Octa holds the #26 spot. Each platform has unique strengths, with Octa excelling in news and analysis tools, and Capital.com offering superior sentiment and TipRanks features. Choosing between the two will depend on your specific needs for market research and trading insights.
| Feature |
Capital.com
|
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 | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When exploring Capital.com and Octa as platforms for beginners eager to learn about forex and CFDs, both brokers shine in offering a wealth of educational resources. Capital.com and Octa each provide over 10 educational pieces like articles and videos centered on forex and CFDs, catering well to those starting out. Both brokers also feature searchable archives of previously recorded webinars, which is a useful resource for users who like reviewing past discussions at their own pace. For those wanting beginner-friendly guidance, each platform offers at least 10 beginner-focused educational videos, ensuring newcomers have ample material to get acquainted with trading.
Monthly webinars, however, are an area where Octa stands out as it offers these on a regular basis, whereas Capital.com does not. For advanced learners, both brokers score equally, giving access to a minimum of 10 videos tailored for experienced traders, helping deepen their financial knowledge. Additionally, both platforms present an investor dictionary, clarifying over 50 investing terms, making the language of trading more accessible to all. When comparing ratings, Capital.com edges ahead with a 4.5-star rating for education, ranking #8 among 62 brokers, compared to Octa's 4-star rating and #41 ranking. These distinctions might guide those seeking a more structured learning journey with facilitated monthly discussions.
| Feature |
Capital.com
|
Octa
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | 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 Capital.com is better than Octa. Capital.com finished with an overall rank of #10, while Octa finished with an overall rank of #47.
Capital.com stands out for its quality research, strong educational content, and innovative web platform. Capital.com holds fewer regulatory licenses and offers a narrower range of markets than some of the best brokers, but still significantly outperforms the industry average.
| Feature |
Capital.com
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Octa
|
|---|---|---|
| Overall Rating |
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| Trust Score | 87 | 72 |
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Both Capital.com and Octa provide the ability to invest in cryptocurrency derivatives, but neither allows the purchase of actual delivered cryptocurrencies.
In comparing online brokers Capital.com and Octa regarding deposit and withdrawal options, both lack ACH or SEPA transfers, but Capital.com supports PayPal while Octa does not; both accept 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 | Capital.com | Octa | |
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| Trust Score | 87 | 72 | |
| Winner | check_circle | ||
| Review | Capital.com Review | Octa Review |
| Broker Screenshots | Capital.com | Octa | |
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| Regulation | Capital.com | Octa | |
|---|---|---|---|
| Trust Score | 87 | 72 | |
| Year Founded | 2016 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Capital.com | 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) | Yes | 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) | Capital.com | 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 | Capital.com | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 3007 | 300 | |
| Forex Pairs (Total) | 125 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | 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 | Capital.com | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.67 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.67 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Capital.com | Octa | |
|---|---|---|---|
| Minimum Deposit | $20 | $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 | Capital.com | Octa | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Capital.com | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 83 | 30 | |
| Charting - Drawing Tools (Total) | 18 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Capital.com | 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 | Yes | Yes |
| Research | Capital.com | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Capital.com | Octa | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | 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 | Capital.com | 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 | Capital.com Review | Octa Review |
| Overall | Capital.com | Octa | |
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| Trust Score | 87 | 72 | |
| Winner | check_circle | ||
| Review | Capital.com Review | Octa Review |
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