Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 42 million trading accounts.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Investment instruments offered:
Octa offers over 300 assets for investment, including:
Stock CFDs: 150 assets on 16 exchanges with leverage up to 1:40
Currency pairs: 52 assets with leverage up to 1:1000
Commodities, including gold, silver, United States Natural Gas, and Brent Crude Oil with leverage up to 1:200
Indices: 10 assets with leverage up to 1:400
Crypto: 34 popular assets with leverage up to 1:200. Crypto trading is available 24/7
Trading conditions:
Spreads from 0.6 pips—some of the lowest among other brokers.
No commissions at all. No fees on trading, deposits or withdrawals, no swaps. No hidden fees.
Super-fast and secure deposits and withdrawals via many options: bank card, instant bank transfer to your bank in Malaysia, crypto, and more. Deposits via Instant Bank Transfer arrive in one minute, most withdrawals are processed in less than 19 minutes. Read more about deposits and withdrawals.
Deposit bonus up to 50% on every deposit.
All accounts are Islamic-friendly. There is no accumulation, collection, or payment of interest rates.
Free demo account with simulated funds to practise trading risk-free.
24/7 Customer Support in Malay, English and other languages.
Free educational materials: weekly live webinars, videos, and articles. Octa’s own feed with analytics—Space.
Trading app and platform:
Octa trading app is available on Google Play and App Store.
Octa offers its own trading platform, OctaTrader, which is integrated into the Octa trading app for a seamless trading experience. Meaning, you don’t have to download separate apps or switch between apps while trading. Deposit, withdraw, manage accounts, trade, read market analysis—everything in one app. The platform also adopted a charting technology by TradingView.
The app features Space, an exclusive feed by Octa with technical and fundamental market analysis, trend directions, market news, economic calendar, and more from Octa analysts. Space is freely available to all Octa traders.
If you prefer web trading, OctaTrader web version is also available.
Besides OctaTrader, Octa also offers MetaTrader 4 and 5.
Benefits for traders:
Trade and Win loyalty program
Trade, collect prize lots (1 traded lot = 1 prize lot), and exchange them for amazing gifts: t-shirts, powerbanks, smartwatches, smartphones, and more.
Affiliate programs
In Invite-a-Friend, invite friends to trade using your referral link and get 1 USD for every lot they trade. Ready to invite more than 5 friends and make attracting new clients a business? Join Octa IB program and receive payouts of up to 12 USD per lot.
Status program
Join the Status Program and unlock new benefits at every level, such as trading signals by Autochartist, lower spreads, personal manager, and more.
Copy trading service
Octa Copytrading lets you copy expert traders automatically, saving you the time and effort of creating your own trading strategy. Octa Copytrading app is available on Google Play.
Education:
Octa offers numerous free resources to help you learn to trade. On the Octa YouTube channel, webinars, Q&A sessions, and live trading sessions with experts are conducted weekly—in different languages, including Malay and English. You can also watch the recordings of the past webinars, as they are saved on YouTube and always available.
The Octa website has an extensive education section with videos and articles for beginner and intermediate traders.
Octa also offers a free Telegram channel with strategies, trading ideas and other exclusive materials from experts.
Finally, Octa offers Space where trading experts and analysts share daily market analytics and trading strategies to help you achieve your investment goals.
FX Majors