Compare Exness Vs Octa: Which is the Better Forex Broker in 2024?
Exness 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 Exness Vs Octa, here is the direct comparison:
Compare | Exness | Octa |
General Rating |
3.81/5 |
3.23/5 |
Score | ||
Trustpilot |
4.5/5 5732 users |
4.4/5 7074 users |
πΌ Regulation | ||
β Info | ||
β Established | 2008 | 2011 |
π² Min Deposit | $10 | $25 |
β Max Leverage | 1:2000 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3.50 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | WebMoney, Wire transfer, Skrill, Credit/debit cards, Neteller, Perfect Money, Crypto, Tether (USDT) and USD Coin (USDC) | 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 | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, Bengali/Bangla, German, English, Spanish, French, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Thai, Urdu, Vietnamese, Chinese | Bengali/Bangla, Chinese, English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai |
πͺ Trade Now | Open Exness | Open Octa |
Compare Again
Testimonials
-
Exness: need a little more improvement
-
Exness: Recommended!
-
Exness: Good but Customer Service is conserning
-
Exness: Thrilled
-
Exness: Dissapointing results
-
Octa: Smooth sailing
-
Octa: Amazing experience overall
-
Octa: I am frustated!!!!
-
Octa: No complaint!
-
Octa: Bad customer review
-
See More Exness Testimonials
-
See More Octa Testimonials
News
-
Octa Forex Broker's Ramadan Offers Bonus, Lower Spreads & Prizes!
-
Exness Sees Trading Volumes Dip in February as Markets Remain Calm
-
Exness Earns Accolades as a Top Workplace Worldwide in 2024
-
Exness Achieves Record Monthly Volumes of $3.86 Trillion in January
-
Damian Bunce Steps Down as Chief Customer Officer at Exness
-
Unlock Prosperity: Join Octa's Lunar New Year Celebration for Indonesian Clients!
-
Exness Forex Broker Claims "Most Trusted" Title in MEA at iFX EXPO Dubai
-
Exness Records $3.6 Trillion in December Trading Volume
-
Exness Forex Broker Marks 15 Years with a Brand Revolution
-
See More Related Exness News
-
See More Related Octa News
Article
-
How to Protect Your Exness Account from Frauds
-
Octa Recap in 2023: A Performance Review
-
Exclusive Interview with Damian Bunce on the Success and Vision of Exness
-
Join OctaFX Demo Contest, Win $1000 in Total
-
Exness Tick History Report: a Beginner's Guide
-
Share and Make Money with Exness Social Trading
-
Comparing Exness Vs XM Trading App
-
Is Exness Standard Account Better than FP Markets?
-
What is Exness Cost Saving Feature?
-
See More Related Exness Article
-
See More Related Octa Article
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Forex4You
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- 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, Exness provides their pricing with Variable spread while Octa offers Variable spread.
Exness 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, Exness enables trading with MetaTrader 4, MetaTrader 5, Social trading, 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 Exness 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, Exness supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto, 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 Exness and Octa:
- Compare Exness vs Orbex
- Compare Exness vs FxPro
- Compare Exness vs FXTM
- Compare Octa vs easyMarkets
- Compare Octa vs FP Markets
- Compare Octa vs Blaze Markets
For more comparisons, visit this page.