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      IC Markets vs. Octa

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      Brokers Comparison
      IC Markets
      Octa
      Our Score
      4.46
      / 5
      4.37
      / 5
      Trust Rating
      Trading Conditions
      Trading Platforms
      Deposit & Withdrawal
      Assets Available
      Education & Research
      Customer Service
      Beginner Friendly
      Analysis Research
      Min. Deposit
      USD 200
      USD 25

      Regulations

      Regulation
      Capital Markets AuthorityCyprus Securities and Exchange CommissionSecurities Commission of the BahamasThe Seychelles Financial Services Authority
      Cyprus Securities and Exchange CommissionFinancial Services CommissionFinancial Sector Conduct AuthorityMwali International Services Authority
      Trading Desk Type
      ECN/DMA
      STP
      Trading Instruments
      Bonds, Commodities, Cryptocurrencies, Stock CFDs, Forex, Futures, Indices
      Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices, Metals

      Conditions

      Forex Pairs
      64
      52
      Crypto Pairs
      18
      34
      Pros
      • Well regulated
      • Tight spreads
      • Wide range of assets
      • Great platform choice
      • Fast and free withdrawals
      • Low minimum deposit
      • Tight spreads
      Cons
      • High minimum deposit
      • Limited market analysis
      • Fast and free withdrawals
      • Low minimum deposit
      • Tight spreads
      % Lose with this broker
      70.81%
      67.65%
      Leverage
      30:1
      1000:1
      Spread
      0.10 pips
      0.60 pips
      Hedging
      Yes
      Yes
      Scalping
      Yes
      Yes
      Account Types
      RAW - cTrader, RAW - MetaTrader, Standard - MetaTrader
      MT4, MT5, OctaTrader
      Islamic Account
      Yes
      Yes
      Trading Platforms
      cTrader, MT4, MT5, TradingView
      MT4, MT5, OctaTrader
      Funding Methods
      Bank Transfer, Mastercard, Neteller, Paypal, Skrill, Visa
      Bitcoin, Mastercard, Neteller, Skrill, Visa
      Trading Commissions
      7 USD / lot - Raw Spread Account
      Fees Included in Spread
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      IC Markets
      Octa
      Trust Rating
      4.5
      4
      Trading Conditions
      4
      4.5
      Trading Platforms
      5
      4.5
      Deposit & Withdrawal
      4
      5
      Assets Available
      4.5
      4
      Education & Research
      5
      4.5
      Customer Service
      4.5
      4.5
      Beginner Friendly
      3
      4
      Analysis Research
      5
      5
      Overall Rating
      4.46
      / 5
      4.37
      / 5
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