Compare Admirals Vs Octa: Which is the Better Forex Broker in 2024?
Admirals Vs Octa, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Admirals Vs Octa, here is the direct comparison:
Compare | Admirals | Octa |
General Rating |
2.88/5 |
3.23/5 |
Score | ||
Trustpilot |
4.0/5 1712 users |
4.5/5 7133 users |
πΌ Regulation | ||
β Info | ||
β Established | 2001 | 2011 |
π² Min Deposit | $1 | $25 |
β Max Leverage | 1:500 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $1.8 to $3 per lot for Forex & Metals | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | AstroPay, Crypto, Credit/debit cards, iDEAL, Neteller, PayPal, Skrill, SOFORT and Wire transfer | Crypto, Credit/debit cards, Neteller, Skrill, FasaPay, Bank transfer and Internal transfers |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | Arabic, Bulgarian, Croatian, Czech, English, Estonian, German, Hungarian, Italian, Latvian/Lettish, Malay, Polish, Portuguese, Romanian, Russian, Serbian, Slovenian, Spanish, Swedish, Turkish, Vietnam | Bengali/Bangla, Chinese, English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai |
πͺ Trade Now | Open Admirals | Open Octa |
Compare Again
Testimonials
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Admirals: Really helpful
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Admirals: Doin it right
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Admirals: Solid broker, burt
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Admirals: Good but withdrawal fee is high
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Admirals: Data Breach.
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Octa: Smooth sailing
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Octa: Amazing experience overall
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Octa: I am frustated!!!!
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Octa: No complaint!
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Octa: Bad customer review
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See More Admirals Testimonials
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See More Octa Testimonials
News
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Octa Forex Broker's Ramadan Offers Bonus, Lower Spreads & Prizes!
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Admirals Launches Advanced Research Tool for MT4 & MT5
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Admirals Reinstates Founder Alexander Tsikhilov as CEO
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Admirals Sees Impressive Client Growth, Despite β¬3.9M Loss
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Admirals Forex Broker Plans Restructuring, Two Executives to Resign
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Turn Friends into Gold: Earn Up to $750 with Admirals Refer a Friend
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Unlock Prosperity: Join Octa's Lunar New Year Celebration for Indonesian Clients!
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Admirals Forex Broker Reorganizes Supervisory Structure and Management Board
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Octa Claims Most Reliable Broker in Asia at Global Forex Awards 2023
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See More Related Admirals News
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See More Related Octa News
Article
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Octa Recap in 2023: A Performance Review
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Admirals Trade MT4 vs Zero MT4, Which One is Better?
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Join OctaFX Demo Contest, Win $1000 in Total
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Grow Your Forex Account with Admirals $100 No Deposit Bonus
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What is Admirals Wallet?
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An Admirals' Guide to Trade GBP/USD Successfully
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Unlock Special Benefits and Rewards Using OctaFX Status Program
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Increase Your Funds with OctaFX 50% Deposit Bonus
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OctaFX Trade and Win: Get Prize Lots to Claim Your Trading Rewards
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See More Related Admirals Article
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See More Related Octa Article
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Admirals provides their pricing with Variable spread while Octa offers Variable spread.
Admirals vs Octa: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Admirals enables trading with MetaTrader 4, MetaTrader 5, Web. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Octa provides trading with MetaTrader 4, MetaTrader 5, Web, Social trading with the support of One-click trading, Trailing stop, Pending orders.
Is Admirals or Octa better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Admirals supports trading with Forex, CFD, Agriculture, Metals, ETF, Crypto, Gold, Oil, Indices, Bonds, Stock, Commodities, while Octa presents the ability of trading with Forex, Gold & silver, Indexes, Energies, Crypto, Oil.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Admirals and Octa:
- Compare Admirals vs XM
- Compare Admirals vs FXOpen
- Compare Admirals vs LiteFinance
- Compare Octa vs Markets4you
- Compare Octa vs Pepperstone
- Compare Octa vs eToro
For more comparisons, visit this page.