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 commissions and fees between online brokers Octa and Earn, both brokers demonstrate competitive pricing, earning them each a solid four-star rating. Octa has made significant strides in affordability, drawing closer to being one of the lowest-cost MetaTrader brokers. They offer enticing benefits like no slippage on 97.5% of orders and no overnight carry costs, although high-frequency traders might find some restrictions. In contrast, Earn's lack of specific average spread data makes it harder for potential clients to gauge its true cost-effectiveness.
Octa's account options hinge on your geographic location and the regulatory entity associated with your account. For European clients under the EU entity, only MT5 accounts are accessible, while international clients can choose between accounts on MT4 and MT5, as well as OctaTrader. Interestingly, Octa's spreads differ based on the regulating entity; for the popular EUR/USD pair, the EU entity offers a slightly more competitive average spread of 0.5 pips compared to 0.9 pips from its foreign entities. However, the lack of date-specific spread data limits the reliability of these claims.
Both brokers have earned a four-star rating for their commissions and fees; however, Octa edges out Earn in the rankings. Specifically, Octa is positioned at #28 out of 62 brokers as per ForexBrokers.com, while Earn is ranked at #46. This suggests that while both brokers maintain a commendable pricing structure, Octa may offer a slight advantage in terms of cost efficiency, making them a potentially more appealing choice for traders focused on minimizing expenses.
| 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 it comes to the range of investments, both Octa and Earn offer forex trading through CFDs or spot contracts. However, Earn stands out with a wider selection, boasting 500 tradeable symbols compared to Octa's 257. Specifically in forex pairs, Earn again leads with 61 pairs, surpassing Octa's 35. Although neither broker provides access to U.S. traded securities, Octa gives investors the opportunity to trade international stocks, such as Vodafone on the London Stock Exchange, a feature Earn does not offer. Both brokers allow for copy trading and provide cryptocurrency derivative trading options, but neither facilitates the purchase of actual cryptocurrency.
Despite these differences, Octa and Earn receive similar overall ratings for their range of investments, each earning 3.5 out of 5 stars. However, when compared on a scale by ForexBrokers.com, Earn holds a slight advantage, ranking 45th out of 62 brokers compared to Octa's 52nd position. This suggests that while both brokers provide valuable investment opportunities, Earn's broader range of forex pairs and symbols might better suit those seeking variety in their trading options.
| Feature |
Octa
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 257 | 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.
Both Octa and Earn offer comprehensive mobile trading apps compatible with iPhone and Android devices, ensuring versatility no matter your preferred platform. Each app provides a range of features essential for traders, such as price alerts for stock or forex, the ability to draw trendlines, and the flexibility to view charts across various time frames. With real-time watchlist creation also available, these apps cater to the immediate needs of on-the-go traders. However, neither app currently offers watchlist symbol syncing between mobile and online accounts, which could be a consideration for traders who switch frequently between devices.
When diving deeper into technical analysis, Earn slightly edges out Octa by offering 35 technical studies compared to Octa's 30. Both apps, however, balance this offering with chart auto-save functionality, which streamlines the trading experience. Rated four stars for their mobile trading capabilities, both apps present reliable options in a crowded marketplace. Despite their similar ratings, Earn holds a better rank on ForexBrokers.com, coming in at 26 out of 62 brokers, compared to Octa's rank of 36. This subtle distinction might sway traders seeking a slight edge in mobile trading features.
| 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) | 257 | 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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