Octa Broker Review

September 15, 2023
Founded in 2011, Octa is a well-known broker that provides a spread privilege of 0.0 pips with ECN trading conditions. This broker also organizes one of the best demo trading contests with withdrawable prizes.

Octa is one of the most famous forex brokers in the world and has won many awards thanks to its very comfortable trading atmosphere and closeness to customers. Since being founded in 2011 by a professional team targeting the international market, Octa has quickly grown to become a leading retail forex broker.

Prestigious awards that Octa has received include Best ECN/STP 2019 and Best Forex Broker in Asia 2019 given by FX Daily Info. Global Banking and Finance Review magazine also awarded this broker the Best Forex Broker in Asia award in 2018.

In Indonesia, Octa is under the auspices of the Octa Markets Incorporated company and is registered with Saint Vincent and the Grenadines regulations. This broker provides various conveniences for Indonesian traders, such as providing support services via live chat and WhatsApp in Indonesian. Interestingly, Octa does not charge a commission for every deposit and withdrawal of funds made by traders.

Trading on the Octa is also suitable for beginner traders. The reason is that Octa offers low spreads, namely floating starting from 0.0 pips. The required initial deposit is also low, only USD 50. Apart from that, this broker also implements safe steps to protect client funds, namely by using segregated accounts and protecting personal data and online financial transactions with SSL encryption technology.

Octa broker offers industry-leading trading platforms, namely MetaTrader 4 and MetaTrader 5. Octa also allows traders to carry out various trading strategies, including scalping and hedging.


Broker Name Octa
Broker type ECN/STP/DMA (5 digits)
Website Click Here for Octa Broker Official Site
Company Octa Markets Incorporated
Founded In 2011
Regulator Octa.eu: CySEC (no. lisensi 372/18)
Octa.com: SVGFSA (19776 IBC)
Contacts Live chat 24/7,
Languages English, Chinese, Malay, Portuguese, Spanish, Thai, German, Bengali, Bahasa Indonesia, Hindi
Deposit and Withdrawal Bank Wire, Visa/MasterCard, UnionPay, Neteller, Skrill, Local Banks
Expert analysis ??
Partnership program ??
Educational content ??
Trading platforms MT4, MT5 (desktop, Android, iOS, Web)
Trading instruments 35 forex pairs, 2 metals (Gold and Silver), 10 CFD Indexes, 2 Crude Oil, dan 5 Cryptocurrencies
Spreads Floating, starts from 0.0 pips
Minimum deposit $25
Account currencies USD, EUR
Leverage Up to 1:500
Minimum lot size 0.01
Account types Metatrader 4, MetaTrader 5
Swap-free ??
Segregated Account ??
Hedging ??
Scalping ??
Order execution Market Execution under 0.1 seconds
One-click trading ??
Margin Call/Stop Out 25%/15%



Benefits of Trading with Octa

  • 50% Deposit Bonus
    By providing a 50% bonus for every deposit, the available capital becomes larger. This increases the opportunity to open positions, and the deposit bonus can be withdrawn under the applicable terms and conditions.

  • Trade&Win Promotion
    Another advantage offered by Octa is the Trade&Win Promotion. Active trading with Octa provides the opportunity to accumulate trading lots, which can be exchanged for various attractive prizes. Traders only need to open a real account in MetaTrader 4 or MetaTrader 5 through Octa and redeem the number of lots (Prize Lots) in this promotion. Prizes that can be obtained include T-shirts, Android Smartwatches, smartphones, and laptops.

  • The Octa MT4 Demo Champion Contest
    Fulfill the dreams of traders who want to earn real profits on demo accounts through the "Octa Champion - MT4 Demo Contest." With a total prize pool of $1000, there are 4 winners in each contest period. The prize money will be directly sent to the real accounts of the winners.


Octa Broker Advantages

  • The current Regulatory Protected Customer Fund in use is SVGFSA with license number 19776 IBC. Hence, the broker implements secure measures with the aim of protecting customer funds. In accordance with international accounting regulations and standards, Octa always keeps company assets separate from clients' trading funds. Customers' personal data and online financial transactions are also protected by SSL encryption technology.

  • Reliable Trading Platform
    Octa broker offers the world's leading trading platform, Metatrader4, for desktop and mobile trading. Apart from that, there is also the MT5 platform for trading without swaps at all.

  • All Strategies Allowed
    Octa allows a variety of trading strategies, including scalping, trading using expert advisors (EA), and hedging. Swap-free accounts are also available for Muslim traders who want to avoid overnight/rollover/swap interest.

  • MT4 and MT5 Accounts Available
    Octa offers 2 account types: MT4 and MT5. Both are run with market execution (STP/ECN), 5-digit price precision and apply floating spreads starting from 0.6 pips. Various strategies, be it scalping, hedging, or the use of expert advisors (trading robots) are permitted in all accounts at the Octa broker.

  • Various Bonuses and Weekly Contests
    Octa Broker often holds certain bonus promotions. In fact, this broker every week holds a trading contest on demo accounts with prizes of real funds that can be used for trading.


1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?