Compare easyMarkets Vs Octa: Which is the Better Forex Broker in 2024?
easyMarkets 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 easyMarkets Vs Octa, here is the direct comparison:
Feature | easyMarkets | Octa |
General Rating |
2.56/5 |
3.23/5 |
|
Score | 68 | 78 | |
Trustpilot |
4.5/5 7133 users |
||
💼 Regulation | |||
❗Info | |||
⌛ Established | 2001 | 2011 | |
💲 Min Deposit | $25 | $25 | |
⚖ Max Leverage | 1:400 | 1:500 | |
🔢 Spread | Fixed | Variable | |
💸 Commissions | |||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, BPAY, iDEAL, SOFORT, FasaPay, Crypto, Litecoin, giropay, Ethereum, Crypto Cash, Tether (USDT) and AstroPay | Crypto, Credit/debit cards, Neteller, Skrill, FasaPay, Bank transfer and Internal transfers | |
🏢 Office(s) |
|
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, German, English, Spanish, French, Polish, Russian, Vietnamese, Chinese | Bengali/Bangla, Chinese, English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai |
🚪 Trade Now | Open easyMarkets | Open Octa |
Testimonials
-
easyMarkets: In the beginning EasyMarkets was a good broker, I almost...
-
easyMarkets: Freeze Rate in EasyMarkets seems like a promising tool, since...
-
easyMarkets: I have known easyMarket for quite a while, and I...
-
easyMarkets: I just want to say that I really like their...
-
easyMarkets: This is actually a good broker, but sometimes they took...
-
easyMarkets: In the beginning EasyMarkets was a good broker, I almost...
-
easyMarkets: Freeze Rate in EasyMarkets seems like a promising tool, since...
-
easyMarkets: I have known easyMarket for quite a while, and I...
-
easyMarkets: I just want to say that I really like their...
-
easyMarkets: This is actually a good broker, but sometimes they took...
-
Octa: Smooth sailing
-
Octa: Amazing experience overall
-
Octa: I am frustated!!!!
-
Octa: No complaint!
-
Octa: Bad customer review
-
easyMarkets: In the beginning EasyMarkets was a good broker, I almost...
-
See More easyMarkets Testimonials
-
See More Octa Testimonials
News
-
easyMarkets Crowns Trading Champions: $1 Million Crossbar Challenge Awaits at Bernabéu
-
Octa Forex Broker's Ramadan Offers Bonus, Lower Spreads & Prizes!
-
easyMarkets Crowned Best Forex/CFD Broker at 2023 TradingView Awards
-
Unlock Prosperity: Join Octa's Lunar New Year Celebration for Indonesian Clients!
-
Octa Claims Most Reliable Broker in Asia at Global Forex Awards 2023
-
OctaFX Rebrands to Octa with Global Campaign
-
Use a Special Code to Get OctaFX 100 Percent Deposit Bonus
-
Join OctaFX Indonesia Livestream to Celebrate Financial Freedom Day
-
OctaFX Celebrates 12 Years with Satisfying Achievements
-
OctaFX Concluded Vespa Giveaway, Winners Announced
Articles
-
Octa Recap in 2023: A Performance Review
-
How to Open Account in easyMarkets
-
How to Deposit and Withdraw from easyMarkets
-
Protect Your Trades with Guaranteed Stop Loss from easyMarkets
-
Join OctaFX Demo Contest, Win $1000 in Total
-
6 Advantages of Bitcoin Base Currency in easyMarkets
-
Unlock Special Benefits and Rewards Using OctaFX Status Program
-
Increase Your Funds with OctaFX 50% Deposit Bonus
-
OctaFX Trade and Win: Get Prize Lots to Claim Your Trading Rewards
-
Forex Brokers in 2022: How OctaFX Performed
Contests
More Comparisons
- Axi vs AvaTrade
- Blueberry Markets vs InstaForex
- Tickmill vs FXTM
- XM vs Interactive Brokers
- Octa vs easyMarkets
- JustMarkets vs FirewoodFX
- eToro vs Vantage Markets
- MTrading vs RoboForex
- Pepperstone vs IC Markets
- Admirals vs HF Markets
- LiteFinance vs ThinkMarkets
- Exness vs Dukascopy
- OANDA vs FXOpen
- FBS vs FP Markets
- Comparison List
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, easyMarkets provides their pricing with Fixed spread while Octa offers Variable spread.
easyMarkets 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, easyMarkets enables trading with MetaTrader 4, easyMarkets Web Platform, MetaTrader 5. The offer is supported with One-click trading, 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 easyMarkets 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, easyMarkets supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Crypto, 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 easyMarkets and Octa:
- Compare easyMarkets vs Array
- Compare easyMarkets vs Array
- Compare easyMarkets vs Array
- Compare Octa vs Array
- Compare Octa vs Array
- Compare Octa vs Array
For more comparisons, visit this page.