Written by ForexBrokers.com
In this head to head comparison of Octa vs Earn, 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.
When comparing online brokers Octa and Earn, investors are presented with two firms that have firmly established themselves over the years. Founded in 2011, Octa presents a relatively newer option, whereas Earn has been in the industry since 1994. Neither company is publicly traded or operates as a bank, which may influence investors seeking institutions with extensive public accountability or banking security. Both brokers boast one Tier-1 license, reflecting a high level of confidence from regulatory bodies; however, Octa holds an additional Tier-2 license, strengthening its regulatory credentials.
In terms of trustworthiness according to ForexBrokers.com, both Octa and Earn are considered to pose an average level of risk, thanks to their Trust Scores of 72 and 71, respectively. This slight edge suggests that Octa may offer marginally more assurance to investors compared to Earn. As neither broker is flagged in higher risk categories, potential clients can have reasonable confidence when considering these companies for their trading needs, noting Octa's additional Tier-2 license as a potential benefit for more stringent regulation adherence.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Year Founded | 2011 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the online brokers Octa and Earn on the basis of their commissions and fees, both emerge as strong contenders. Octa has made significant strides in its pricing strategy, closing in on the most affordable MetaTrader brokers by eliminating slippage on 97.5% of its executed orders and avoiding overnight carry costs. However, its pricing structure varies based on account type and location, which may impact high-frequency traders. In contrast, comprehensive fee details for Earn, such as average spread information, remain unavailable.
The account structure at Octa depends on the regulatory entity under which an account is managed. European clients can access a single MetaTrader 5 account, while international clients have options across MT4, MT5, and OctaTrader accounts, regulated either from South Africa or Mwali. Spreads also fluctuate with regulation; for instance, the average EUR/USD spread is 0.5 pips under the EU entity and 0.9 pips for accounts managed under foreign entities. However, Octa's spread data lacks specific date references, which might make it difficult to verify claims of competitive pricing.
According to ForexBrokers.com, both brokers receive a commendable four-star rating for their commissions and fees. Yet, Octa ranks higher at #29 out of 62 brokers, compared to Earn's #46 ranking. This suggests that while both brokers offer competitive pricing, Octa has a slight edge in terms of overall costs associated with trading.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Minimum Deposit | $25 | $100 |
| Average Spread EUR/USD - Standard | 0.9 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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.
When comparing Octa and Earn for their investment offerings, both online brokers provide forex trading options as CFDs or spot contracts. However, Earn stands out with 500 tradeable symbols, while Octa offers 300. In terms of forex pairs, Earn again takes the lead with 61 available, compared to Octa's 35 pairs. Neither broker allows clients to purchase exchange-traded securities, such as Apple shares, on U.S. exchanges, but Octa distinguishes itself by offering international exchange-traded securities, like Vodafone shares. While both platforms offer the convenience of copy trading, neither supports the purchase of actual cryptocurrency—only derivatives are available for trading.
Despite their differences in offerings, Octa and Earn are equally rated at 3.5 stars for the range of investments they provide. However, Earn is ranked slightly higher, at #45, compared to Octa's #52 in the Range of Investments category by ForexBrokers.com. This ranking suggests that while both platforms have similar ratings, Earn might offer a more comprehensive selection of investment options overall.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 500 |
| Forex Pairs (Total) | 35 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
When comparing online brokers Octa and Earn, both provide a comprehensive trading experience that caters to a wide range of traders. They each offer a free virtual demo account, allowing users to practice their strategies with simulated trading. Each broker also includes a feature-rich Windows-based desktop download and a web-based trading platform accessible via browser. Both Octa and Earn support popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside offering copy trading, making them suitable choices for those keen on leveraging other traders' insights. However, Octa distinguishes itself by offering a proprietary platform developed in-house, while Earn relies on third-party solutions like ZuluTrade. Neither supports DupliTrade, keeping their platform integrations focused elsewhere.
Traders looking to dive into chart analysis will find both Octa and Earn equally appealing, as they provide 15 drawing tools to enhance their charting experience. They also permit trading directly from stock charts and offer watch lists with seven customizable columns for enhanced monitoring. Ultimately, both brokers earn a solid 4-star rating for their trading platforms and tools. Despite this parity in rating, Octa has a slight edge with a higher rank of #37 compared to Earn at #51 in the category, according to ForexBrokers.com. This distinction might sway traders seeking a slightly better-ranked broker in platform offerings.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| 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 two well-known brokers, Octa and Earn, both offer iPhone and Android apps packed with features. Whether you're keen on stock or forex price alerts or creating a watchlist with real-time quotes, both brokers have these functionalities available. Users can draw trendlines, access multiple time frames, and enjoy the ease of auto-saving chart drawings on both platforms. However, neither provides watchlist symbol syncing between their mobile apps and online accounts, so changes made in one do not automatically reflect in the other.
In terms of charting, Octa comes equipped with 30 technical studies, while Earn takes a slight lead with 35 studies. Both apps have received an overall rating of 4 out of 5 stars for their mobile trading offerings. Despite earning the same star rating, ForexBrokers.com ranks Earn at #27, ahead of Octa's #35 placement out of 62 brokers. This suggests that while both platforms are highly regarded, Earn might hold a slight edge in the crowded field of mobile trading apps.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| 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 comparing the market research offerings of online brokers Octa and Earn, both platforms provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, Octa sets itself apart with technical analysis tools from Autochartist, which Earn lacks. Neither broker offers tools from Trading Central, sentiment-based trading insights, or market research from TipRanks and Acuity Trading. Both platforms feature economic calendars to keep users informed about important global news events.
In terms of research quality, Octa receives a strong rating of 4 stars, while Earn follows closely behind with 3.5 stars. Octa's research capabilities rank it 26th among 62 brokers on ForexBrokers.com, whereas Earn holds the 38th position. This indicates that while both brokers offer solid research resources, Octa may provide a slight edge for users looking for more comprehensive market analysis tools.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| 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 suited for beginners, Octa stands out more than Earn. Octa provides a rich assortment of materials, including at least ten educational pieces focused on forex or CFDs. These come in the form of articles, videos, and archived webinars, providing variety and depth. Beyond that, beginners can benefit from regular online webinars conducted monthly and have access to a searchable archive of past sessions. Octa also caters to new traders with over ten educational videos tailored specifically for them, ensuring a thorough grounding in trading basics.
Earn, on the other hand, falls short in comparison. It does not meet the mark in providing the same level of comprehensive educational content. Unlike Octa, Earn lacks the ten-piece minimum of forex or CFDs-specific content and does not offer monthly client webinars or a searchable archive of previous webinars. When it comes to advanced educational videos or a substantial investor dictionary, Octa again surpasses Earn, making it a more appealing choice for those at the start of their trading journey. This difference in educational support is reflected in their ratings, with Octa receiving four stars compared to Earn's 3.5 stars in the education category.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Octa is better than Earn. Octa finished with an overall rank of #47, while Earn finished with an overall rank of #50.
Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 72 | 71 |
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Both Octa and Earn do not provide the option to buy actual, delivered cryptocurrencies, but they do offer the ability to purchase cryptocurrency derivatives.
Both Octa and Earn do not support ACH or SEPA transfers nor PayPal for depositing or withdrawing funds, but both brokers offer Skrill, Visa or Mastercard, and bank wire options for managing account funds efficiently.
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 | Octa | Earn | |
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| Trust Score | 72 | 71 | |
| Winner | check_circle | ||
| Review | Octa Review |
| Broker Screenshots | Octa | Earn | |
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| Regulation | Octa | Earn | |
|---|---|---|---|
| Trust Score | 72 | 71 | |
| Year Founded | 2011 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Octa | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Octa | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Octa | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 500 | |
| Forex Pairs (Total) | 35 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | Octa | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Octa | Earn | |
|---|---|---|---|
| Minimum Deposit | $25 | $100 | |
| 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 | No | No |
| Trading Platforms | Octa | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | Yes |
| Trading Tools | Octa | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Octa | Earn | |
|---|---|---|---|
| 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 | 35 | |
| 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 | Octa | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Octa | Earn | |
|---|---|---|---|
| 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 | Octa Review |
| Overall | Octa | Earn | |
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| Trust Score | 72 | 71 | |
| Winner | check_circle | ||
| Review | Octa Review |
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