Compare JustMarkets Vs Octa: Which is the Better Forex Broker in 2024?
JustMarkets 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 JustMarkets Vs Octa, here is the direct comparison:
Feature | JustMarkets | Octa |
General Rating |
2.84/5 |
3.23/5 |
|
Score | 72 | 78 | |
Trustpilot |
4.4/5 2438 users |
4.5/5 7133 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2012 | 2011 | |
💲 Min Deposit | $1 | $25 | |
⚖ Max Leverage | 1:3000 | 1:500 | |
🔢 Spread | Variable | Variable | |
💸 Commissions | |||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Skrill, Credit/debit cards, Neteller, Perfect Money, Boleto Bancário, Local bank transfer, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, USD Coin (USDC) and Gemini dollar (GUSD) | Crypto, Credit/debit cards, Neteller, Skrill, FasaPay, Bank transfer and Internal transfers | |
🏢 Office(s) |
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🧩 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 |
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🗣 Website Languages | Arabic, Bengali/Bangla, English, Spanish, Persian, French, Hindi, Indonesian, Korean, Malay, Portuguese, Thai, Turkish, Urdu, Vietnamese, Chinese | Bengali/Bangla, Chinese, English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai |
🚪 Trade Now | Open JustMarkets | Open Octa |
Testimonials
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JustMarkets: they don;t let me withdraw
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JustMarkets: I got scammed by this broker
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JustMarkets: Support team is not very helpful. Always answer that they...
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JustMarkets: I once had a challenge with a withdrawal but my...
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JustMarkets: I have been using this broker for more than 4...
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JustMarkets: they don;t let me withdraw
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JustMarkets: I got scammed by this broker
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JustMarkets: Support team is not very helpful. Always answer that they...
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JustMarkets: I once had a challenge with a withdrawal but my...
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JustMarkets: I have been using this broker for more than 4...
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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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JustMarkets: they don;t let me withdraw
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See More JustMarkets 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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Win Your Share of $50,000 in JustMarkets Ramadan Trading Contest!
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Unlock Prosperity: Join Octa's Lunar New Year Celebration for Indonesian Clients!
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Take Part in JustMarkets Forex Broker Trading Triumph Contest
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Octa Claims Most Reliable Broker in Asia at Global Forex Awards 2023
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JustMarkets Premieres Partner Loyalty Program, Rewards Clients with Luxurious Prizes
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JustMarkets Launches Upgraded IB Program
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OctaFX Rebrands to Octa with Global Campaign
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Use a Special Code to Get OctaFX 100 Percent Deposit Bonus
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Join OctaFX Indonesia Livestream to Celebrate Financial Freedom Day
Articles
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Octa Recap in 2023: A Performance Review
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How to Open Account in JustMarkets
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JustMarkets App: A Trader's Guide to Enhanced Trading Experience
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JustMarkets Deposit and Withdrawal Guide
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Join OctaFX Demo Contest, Win $1000 in Total
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Earn USD50 from JustMarkets Referral Program
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120% Bonus Available from JustMarkets Deposit
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Get USD30 from JustMarkets Welcome Bonus
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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
Bonus
Contests
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- 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, JustMarkets provides their pricing with Variable spread while Octa offers Variable spread.
JustMarkets 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, JustMarkets enables trading with MetaTrader 4, MetaTrader 5. 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 JustMarkets 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, JustMarkets supports trading with Forex, Gold & silver, Oil, Indexes, Metals, 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 JustMarkets and Octa:
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For more comparisons, visit this page.