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ThinkMarkets vs Octa 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of ThinkMarkets vs Octa, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

ThinkMarkets
4/5 Stars Overall
  • Minimum Deposit: $50 info
  • Trust Score: 92
  • Tradeable Symbols (Total): 4000
Octa
4/5 Stars Overall
  • Minimum Deposit: $25
  • Trust Score: 72
  • Tradeable Symbols (Total): 300

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.

Regulation

ThinkMarkets and Octa are both reputable online brokers, each having unique strengths and regulatory backgrounds. ThinkMarkets, founded in 2010, boasts a high Trust Score of 92 according to ForexBrokers.com, categorizing it as highly trusted. This can be attributed to its five Tier-1 licenses, the most prestigious regulatory status, and two Tier-2 licenses. ThinkMarkets is not publicly traded nor a bank, but its strong regulatory compliance provides a sense of security for users.

Octa, established in 2011, holds a Trust Score of 72, placing it in the average risk category. It has one Tier-1 license and one Tier-2 license, indicating it meets trusted regulatory standards, but at a lesser degree than ThinkMarkets. Similar to its counterpart, Octa is neither publicly traded nor a bank. While Octa presents itself as a viable trading platform, potential users might consider the differences in regulatory backing as an important factor in their decision-making process.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Year Founded info 2010 2011
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 5 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1

Fees

ThinkMarkets and Octa both offer competitive commissions and fees, earning each a solid four-star rating. ThinkMarkets, however, lacks available data on average spreads, making it difficult to precisely compare their pricing efficiency. This limitation places ThinkMarkets at a rank of 48 out of 62 brokers in the Commissions and Fees category according to ForexBrokers.com.

Octa, on the other hand, has made significant strides to enhance its pricing structure, moving closer to becoming one of the most cost-effective MetaTrader brokers. With an impressive 97.5% of its orders executed without slippage and the absence of overnight carry costs, Octa has strengthened its position. However, restrictions are in place that may impact high-frequency traders. These improvements have contributed to Octa's better standing, achieving a rank of 28 out of 62 brokers in the same category.

While ThinkMarkets does not provide average spread data, Octa's spread pricing does vary depending on the regulatory entity governing the account. For instance, the EU entity offers a slightly more competitive spread for the EUR/USD pair at 0.5 pips, compared to 0.9 pips from its foreign entities. Despite these pricing enhancements, the absence of a date range for the spread data necessitates caution when making direct comparisons. Clients should consider these differences to determine which broker aligns best with their trading needs.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Minimum Deposit info $50 info $25
Average Spread EUR/USD - Standard info 1.1 info 0.9 info
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing ThinkMarkets and Octa for their range of investments, both online brokers offer opportunities in forex trading through CFDs or spot contracts. However, there is a noticeable difference in the number of tradeable symbols, with ThinkMarkets providing access to 4000 symbols, while Octa offers a more limited selection of 300. ThinkMarkets also edges ahead in available forex pairs, providing clients with 46 options compared to Octa's 35. When it comes to investments in exchange-traded securities on U.S. exchanges, neither broker offers this service, but they both allow trading of international exchange-traded securities, such as Vodafone shares on the London Stock Exchange.

For those interested in copy trading, both brokers accommodate this feature. However, neither ThinkMarkets nor Octa provides options for purchasing actual cryptocurrencies, though both offer cryptocurrency derivatives. Reflecting these offerings, ThinkMarkets holds a higher rating of 4.5 stars for its range of investments, compared to Octa's 3.5 stars. This superior range is further recognized by their rankings from ForexBrokers.com, where ThinkMarkets is placed at #21 out of 62 brokers, while Octa is ranked at #52, indicating ThinkMarkets' broader appeal for investors seeking diverse trading options.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 4000 300
Forex Pairs (Total) info 46 35
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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.

Trading platforms and tools

ThinkMarkets and Octa are both strong contenders for traders seeking comprehensive platform options and useful trading tools. Both brokers come equipped with simulated trading via demo accounts, proprietary platforms, and Windows-based desktop platforms. Their web-based platforms enhance accessibility, and they support copy trading, as well as MetaTrader 4 and MetaTrader 5 applications. However, neither broker offers DupliTrade or ZuluTrade for those interested in these specific services.

In terms of trading utilities, ThinkMarkets and Octa each provide 15 drawing tools for charting and facilitate trading directly from stock charts. Where they diverge is in their watch list feature: ThinkMarkets offers 15 columns, providing more extensive tracking options compared to Octa's 7 columns. Both platforms receive a four-star rating for their trading tools, yet ThinkMarkets ranks slightly higher at #27 compared to Octa's #37 in ForexBrokers.com's evaluation. This distinction may provide an edge for users focused on comprehensive toolsets in their trading experience.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 15 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When it comes to mobile trading, both ThinkMarkets and Octa provide apps for iPhone and Android users, offering essential tools for trading on the go. Both apps support stock and forex price alerts, ensuring traders can stay informed about market shifts. Each platform allows drawing trendlines on charts and supports viewing multiple time frames, whether you prefer daily, weekly, or intraday perspectives. Additionally, both mobile apps automatically save drawings and let users create watchlists with real-time quotes, making it convenient to track favorite stocks or forex pairs without needing to be at a computer. However, neither app offers the ability to sync watchlist symbols between the mobile app and the online account.

Despite these similarities, ThinkMarkets sets itself apart with its charting capabilities by offering 94 technical studies, in contrast to Octa's 30. This enhanced feature may appeal to technical analysis enthusiasts looking for more in-depth charting tools. Both platforms receive a four-star rating for their mobile apps, but they differ in rankings by ForexBrokers.com, with ThinkMarkets positioned at #20, while Octa holds the #35 spot out of 62 brokers. Overall, for users who prioritize a broader set of technical studies and higher rankings, ThinkMarkets may be the preferred choice, though each platform delivers a solid mobile trading experience.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 94 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing ThinkMarkets and Octa for their market research offerings, both brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, the two platforms differ in their approach to analysis tools. Octa users benefit from Autochartist, offering technical and fundamental analysis tools, while ThinkMarkets lacks this feature. On the other hand, ThinkMarkets provides a sentiment-based trading tool that Octa does not, which displays a ratio of long or short positions across various instruments.

Additionally, ThinkMarkets stands out by offering research tools from Acuity Trading, such as Signal Centre, which are not available with Octa. Both platforms include an economic calendar to keep users updated on global news events. Despite these differences, Octa edges ahead in overall research ratings, scoring 4 stars compared to ThinkMarkets' 3.5 stars. According to ForexBrokers.com, Octa ranks #26 out of 62 brokers for research, while ThinkMarkets is positioned at #50. This comparison highlights how Octa might be more appealing to those prioritizing comprehensive research tools and a higher research rating.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources available for beginners at ThinkMarkets and Octa, both online brokers provide a comprehensive suite of educational materials designed to help new traders navigate the forex and CFD markets. Both offer a range of articles, videos, and archived webinars focused on these trading types, ensuring beginners have access to ample learning content. Additionally, both platforms regularly host live webinars and maintain searchable archives of previously recorded sessions, enabling users to engage and learn at their own pace.

While both brokers deliver a variety of beginner and advanced educational videos and include a dictionary with over 50 investing terms, Octa emerges as the slightly more favored platform. With a 4-star rating in education compared to ThinkMarketsโ€™ 3.5 stars, Octa is ranked 41st out of 62 brokers for its educational resources, placing it above ThinkMarkets, which is ranked 52nd. These ratings suggest Octa may offer an edge in optimizing educational content for traders who are just starting.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that ThinkMarkets is better than Octa. ThinkMarkets finished with an overall rank of #27, while Octa finished with an overall rank of #47.

ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.

Feature ThinkMarkets logoThinkMarkets
Octa logoOcta
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 92 72
Range of Investments 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with ThinkMarkets or Octa?

Both ThinkMarkets and Octa do not offer the option to purchase actual delivered cryptocurrency, but each provides the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

Both ThinkMarkets and Octa do not support ACH or SEPA transfers or PayPal for deposits and withdrawals, but they do offer Skrill, Visa or Mastercard, and bank wire options for these transactions.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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Compare

0 of 5
Overall Rating ThinkMarkets Octa
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 92 72
Winner check_circle
Review Octa Review
Broker Screenshots ThinkMarkets Octa
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation ThinkMarkets Octa
Trust Score info 92 72
Year Founded info 2010 2011
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 5 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1
Tier-1 Licenses (Highly Trusted) ThinkMarkets Octa
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) ThinkMarkets Octa
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments ThinkMarkets Octa
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 4000 300
Forex Pairs (Total) info 46 35
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes info 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 ThinkMarkets Octa
Average Spread EUR/USD - Standard info 1.1 info 0.9 info
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info Yes No
Inactivity Fee info Yes No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding ThinkMarkets Octa
Minimum Deposit info $50 info $25
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms ThinkMarkets Octa
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools ThinkMarkets Octa
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 15 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading ThinkMarkets Octa
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 94 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research ThinkMarkets Octa
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education ThinkMarkets Octa
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs ThinkMarkets Octa
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Octa Review
Overall ThinkMarkets Octa
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 92 72
Winner check_circle
Review Octa Review
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