Compare Fxview Vs Octa: Which is the Better Forex Broker in 2024?
Fxview 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 Fxview Vs Octa, here is the direct comparison:
Compare | Fxview | Octa |
General Rating |
2.76/5 |
3.23/5 |
Score | ||
Trustpilot |
3.8/5 93 users |
4.5/5 7103 users |
πΌ Regulation | ||
β Info | ||
β Established | 2009 | 2011 |
π² Min Deposit | $50 | $25 |
β Max Leverage | 1:500 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $0 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Bank Transfer, Visa, Skrill, Neteller, Rapid Transfer, Klarna, Giropay, Przelewy24, Nordea Solo, Credit/Debit Card, Virtual Pay, Help2Pay, AstroPay, PayRetailers, Swiffy, Crypto, Ethereum, USDT, USDC and Perfect Money | 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 | English | Bengali/Bangla, Chinese, English, German, Hindi, Indonesian, Malay, Portuguese, Spanish, Thai |
πͺ Trade Now | Open Fxview | Open Octa |
Compare Again
Testimonials
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Fxview: The platform is more than good
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Fxview: Just what I need
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Fxview: The broker has many advantages.
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Fxview: The verdict - 50/50.
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Fxview: Safety first
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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 Fxview 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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Connect with Friends and Earn Money with Fxview's Referral Program
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Fxview Secures Top Spot as Best Broker in MEA at UF Awards 2024
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Unlock Prosperity: Join Octa's Lunar New Year Celebration for Indonesian Clients!
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Fxview Rings in the Year of the Dragon with a Prosperous 200% Deposit Bonus
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Octa Claims Most Reliable Broker in Asia at Global Forex Awards 2023
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Fxview Forex Broker in Cyprus Appoints Feras Mahmoud as Head of Risk Management
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Fxview Celebrates Halloween by Offering 150 Percent Deposit Bonus
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OctaFX Rebrands to Octa with Global Campaign
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See More Related Fxview 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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Fxview Recap in 2023: A Performance Review
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A Comprehensive Guide to Fxview Trading Platforms
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How to Open Account on Fxview
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How to Deposit and Withdraw from Fxview
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Join OctaFX Demo Contest, Win $1000 in Total
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Fxview Presents 100% Tradable Bonus for Any Trader
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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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See More Related Fxview 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, Fxview provides their pricing with Variable spread while Octa offers Variable spread.
Fxview 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, Fxview enables trading with MetaTrader 4, MetaTrader 5, AcTrader, Social Trading with ZuluTrade. 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 Fxview 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, Fxview supports trading with Forex, Commodities, Indices, Crypto, Stocks, Stocks 1:5, 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 Fxview and Octa:
- Compare Fxview vs GOMarkets
- Compare Fxview vs eToro
- Compare Fxview vs FBS
- Compare Octa vs Interactive Brokers
- Compare Octa vs Tickmill
- Compare Octa vs Blueberry Markets
For more comparisons, visit this page.