Compare Octa Vs JustMarkets: Which is the Better Forex Broker in 2024?
Octa Vs JustMarkets, 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 Octa Vs JustMarkets, here is the direct comparison:
Feature | Octa | JustMarkets |
General Rating |
3.23/5 |
2.84/5 |
|
Score | 78 | 72 | |
Trustpilot |
4.5/5 7133 users |
4.4/5 2438 users |
|
💼 Regulation | |||
❗Info | |||
⌛ Established | 2011 | 2012 | |
💲 Min Deposit | $25 | $1 | |
⚖ Max Leverage | 1:500 | 1:3000 | |
🔢 Spread | Variable | Variable | |
💸 Commissions | |||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Crypto, Credit/debit cards, Neteller, Skrill, FasaPay, Bank transfer and Internal transfers | 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) | |
🏢 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 | Bengali/Bangla, Chinese, English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai | Arabic, Bengali/Bangla, English, Spanish, Persian, French, Hindi, Indonesian, Korean, Malay, Portuguese, Thai, Turkish, Urdu, Vietnamese, Chinese |
🚪 Trade Now | Open Octa | Open JustMarkets |
Testimonials
-
Octa: Smooth sailing
-
Octa: Amazing experience overall
-
Octa: I am frustated!!!!
-
Octa: No complaint!
-
Octa: Bad customer review
-
Octa: Smooth sailing
-
Octa: Amazing experience overall
-
Octa: I am frustated!!!!
-
Octa: No complaint!
-
Octa: Bad customer review
-
JustMarkets: they don;t let me withdraw
-
JustMarkets: I got scammed by this broker
-
JustMarkets: Support team is not very helpful. Always answer that they...
-
JustMarkets: I once had a challenge with a withdrawal but my...
-
JustMarkets: I have been using this broker for more than 4...
-
Octa: Smooth sailing
-
See More Octa Testimonials
-
See More JustMarkets Testimonials
News
-
Octa Forex Broker's Ramadan Offers Bonus, Lower Spreads & Prizes!
-
Win Your Share of $50,000 in JustMarkets Ramadan Trading Contest!
-
Unlock Prosperity: Join Octa's Lunar New Year Celebration for Indonesian Clients!
-
Take Part in JustMarkets Forex Broker Trading Triumph Contest
-
Octa Claims Most Reliable Broker in Asia at Global Forex Awards 2023
-
JustMarkets Premieres Partner Loyalty Program, Rewards Clients with Luxurious Prizes
-
JustMarkets Launches Upgraded IB Program
-
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
Articles
-
Octa Recap in 2023: A Performance Review
-
How to Open Account in JustMarkets
-
JustMarkets App: A Trader's Guide to Enhanced Trading Experience
-
JustMarkets Deposit and Withdrawal Guide
-
Join OctaFX Demo Contest, Win $1000 in Total
-
Earn USD50 from JustMarkets Referral Program
-
120% Bonus Available from JustMarkets Deposit
-
Get USD30 from JustMarkets Welcome Bonus
-
Unlock Special Benefits and Rewards Using OctaFX Status Program
-
Increase Your Funds with OctaFX 50% Deposit Bonus
Bonus
Contests
More Comparisons
- eToro vs FXOpen
- ThinkMarkets vs FirewoodFX
- Vantage Markets vs Octa
- Pepperstone vs Admirals
- AvaTrade vs HF Markets
- Axi vs InstaForex
- FBS vs Interactive Brokers
- MTrading vs Blueberry Markets
- FXTM vs LiteFinance
- Exness vs easyMarkets
- Tickmill vs IC Markets
- XM vs JustMarkets
- FP Markets vs OANDA
- RoboForex vs Dukascopy
- 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, Octa provides their pricing with Variable spread while JustMarkets offers Variable spread.
Octa vs JustMarkets: 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, Octa enables trading with MetaTrader 4, MetaTrader 5, Web, Social trading. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, JustMarkets provides trading with MetaTrader 4, MetaTrader 5 with the support of One-click trading, Trailing stop, Pending orders.
Is Octa or JustMarkets 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, Octa supports trading with Forex, Gold & silver, Indexes, Energies, Crypto, Oil, while JustMarkets presents the ability of trading with Forex, Gold & silver, Oil, Indexes, Metals, Crypto.
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 Octa and JustMarkets:
- Compare Octa vs Array
- Compare Octa vs Array
- Compare Octa vs Array
- Compare JustMarkets vs Array
- Compare JustMarkets vs Array
- Compare JustMarkets vs Array
For more comparisons, visit this page.