Octa EU Broker Review 2025

Octa EU is a forex broker regulated by CySEC with features such as Trading Calculator, Profit Calculator, Economic Calendar and Negative Balance Protection. The company provides its trading services through OctaTrader, a proprietary platform. Beside These, There are 5 main payment options [credit/debit card, Skrill, Swissquote, BluOr Bank, RIETUMU] available.

Octa EU Company Information & Regulation

This Forex broker is a relatively new player in the European forex market, having been established in 2018. The website is operated by Octa Markets Cyprus Ltd, which is headquartered at 1 Agias Zonis and Thessalonikis Corner, Nicolaou Pentadromos Center, Block: B', Office: 201, 3026, Limassol, Cyprus.

Key regulatory details:

• Regulated by the Cyprus Securities and Exchange Commission (CySEC)
• License number 372/18
• Provides services to clients within the European Union

Octa EU Summary Of Key Features

In this section, we will provide a table featuring the important specifics. Here's a quick overview of what the discussed broker offers:

Account Types

OctaFX EU has taken a simple approach in creating an account structure, providing only a real and a demo account. There's not much detail available, but here's a quick overview of the real account's specifics:

There are no limits on the demo account in terms of virtual funds and time period.

Traders can also apply for swap-free accounts through the support channels. You'll need to open a real account first.

Notable Benefits and Critical Drawbacks

Like any other financial company/platform, Octa EU faces issues and weaknesses, in addition to valuable advantages. Let's weigh the pros and cons of trading with the broker:

Account Registration and Verification: Quick Guide

Opening a trading account on OctaFX EU takes just a few minutes and grants access to regulated CFD trading across Forex, indices, and commodities.

The process is streamlined for both manual sign-up and social login options, and full account activation includes regulatory KYC requirements.

#1 Initial Sign-Up

Go to the Octa EU website, click “Sign Up”, and enter your information:

• Full name
• Email address
• Password

You may also register using your Google or Facebook account. A verification email will be sent. Click the link to confirm.

Click the button as shown in the screenshot to register with Octa EU

#2 Complete Verification (KYC)

To activate your trading account, you’ll need to provide personal and contact details, fill out a trader profile questionnaire, and upload supporting documents, including:

• Proof of ID: Passport or Driving license
• Proof of Address: Utility bill or Bank statement

This ensures compliance with EU financial regulations and unlocks full trading features.

Trading Platform Overview

OctaFX EU doesn't enable access to popular options like MetaTrader 4/5; instead, it has developed a proprietary trading platform titled "OctaTrader" with essential and useful trading tools. It is accessible via these facilities:

• OctaTrader Web
• OctaTrader Android

Unfortunately, at the time of writing this review, no iOS application is available; the website says it's "coming soon".

Spreads and Fees: Are There Any Trading Commissions?

OctaFX EU operates on a spread-only model; meaning there are no additional commissions on trades. The exact amount is floating and varies depending on the trading pair. Here are some examples:

Also, there aren't any kinds of commission for making deposits and withdrawals, or inactive accounts. Only an overnight fee is charged, which depends on the symbol.

Funding & Withdrawal Options on OctaFX EU

The broker offers 5 choices for funding your account and withdrawing profits, which are mentioned below:

• Credit/Debit Card: VISA, MasterCard
• Skrill
• BluOr Bank
• RIETUMU
• Swissquote

All methods require a minimum deposit of 50 EUR and a minimum withdrawal of 50 EUR, except for Skrill (5 EUR) and VISA/MasterCard (0.01 EUR) for withdrawals.

Octa EU Payment Limits and Processing Time

Note: You can only make deposits and withdrawals in EUR.

Copy Trading & Investment Features

Unfortunately, OctaFX EU doesn't currently offer copy trading or investment services. This could be a significant drawback for traders who prefer to earn passive income besides making profits from trading.

Available Markets and Tradable Symbols

The mentioned broker provides access to a limited range of trading instruments (48) across four asset classes, including the Forex market, commodities, indices, and cryptocurrencies. Let's take a quick look at each of them here:

• Forex: EURUSD, GBPUSD, AUDCAD, and more with maximum leverage of 1:30
• Commodities: Gold and silver with a 1:20 leverage, oil, and natural gas with a maximum leverage of 1:10
• Indices: Nasdaq 100, Dow Jones 30, BEX 35, and more with a 1:20 maximum leverage
• Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and XRP with 1:2 leverage

While the range of instruments is decent, it's not as extensive as some larger brokers. Traders looking for stocks or more exotic instruments might find the offerings somewhat limited.

Does OctaFX EU Offer Any Promotions?

At the time of writing this article, Octa EU does not offer any bonuses or promotions to its clients.

This is in line with strict EU regulations that restrict forex brokers from offering trading bonuses; in other words, most CySEC-regulated financial brokerages follow the same approach regarding promotional offers.

Support Contact Channels and Working Schedule

Octa EU provides customer support through 2 contact channels that are common among crypto exchanges:

• Email: clientsupport@octaeu.com
• Live Chat: Available on the website

As stated on the website, the support department is available Monday to Friday, 9:00 to 18:00 UTC+3.

Users have praised Octa EU's customer support for its fast replies and professionalism.

Restricted Regions and Countries

Octa EU broker, being regulated by CySEC, primarily serves clients within the European Union; therefore, it's restricted for almost all countries outside of the mentioned region, including:

• United States
• Belgium
• Canada
• Spain
• United Kingdom
• Iran
• Iraq
• North Korea
• Other jurisdictions outside of the European Economic Area (EEA), except Switzerland

In simple words, if you are not a resident of a European country, this broker is not for you; instead, you should visit the global branch.

Trust Scores and Ratings

Trust scores and user reviews on reliable sources such as Trustpilot and ScamAdviser can help us have a better understanding of a broker's reputation; however, it's important to note that online reviews can be subjective and may not always reflect the overall quality of a broker's services.

The Octa EU ScamAdviser rating is as follows:

• Trustscore: 22/100 based on the source's algorithms and the data on the web
• User Review Rating: 1/5 with less than 10 reviews

Although Octa EU does not have a separate Trustpilot profile, its global branch has an excellent score of 4.3/5 on Trustpilot.

Positive comments typically praise its mobile app, fund transfer processing, and PAMM service.

Only 9% of Octa reviews on Trustpilot are negative, raising concerns about withdrawal issues, deposit not showing, and KYC rejection.

Educational Resources and Guides

Octa EU provides some educational materials for traders, although they may not be as extensive as those offered by other brokers. The content includes:

• Trading Basics: Introductory articles on CFD trading;
• Market Analysis: Calendars and market events;
• FAQ Section: Answers to common questions about the platform and services.

While these resources can be helpful for beginners, more advanced traders might find them somewhat limited.

You can check TradingFinder's Forex education and Crypto tutorial sections for additional learning materials.

Octa EU vs Other Brokers

The table below compares Octa EU services and features with those of the top forex brokers:

Conclusion and Final Words

Octa EU, the European branch of the Octa broker, offers 1 real account type with a maximum leverage of 1:30 and a minimum deposit of €50.

The brokerage has received a trust score of 22/100 from "ScamAdvisor." There are 4 tradable markets [Forex, commodities, indices, cryptocurrencies] provided.