FBS versus Octa

FBS, founded in 2009, and Octa, operational since 2011, established themselves as leading choices for social traders. Both developed proprietary copy trading services and offer the MT4/MT5 trading platforms with their integrated services. The FBS trading community counts 23+ million traders, and Octa is home to 10+ million trading accounts.

The minimum deposit at FBS of $1 and Octa of $25 ensures that both are accessible to all traders, as they accept traders from 150+ countries. While the maximum leverage of 1:3000 is higher at FBS, most traders will use 1:500, available at FBS and Octa alike. Their similarities extend with generous bonuses and quality education for beginner traders.

We have conducted an in-depth review of FBS and Octa to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsOcta (visit site)FBS (visit site)
Headquarter:St. Vincent and the GrenadinesBelize
Established :
Retail Loss Rate:
Minimum Deposit:
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
Deposit Fee:
Yes + Third-Party
Withdrawal Fee
Third-PartyYes + Third-Party
Funding Methods:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Low trading costs Large trading community
Unique Feature Two:
Autochartist pluginCent accounts for beginners
Broker Offers:


Besides their copy trading services, FBS and Octa developed proprietary mobile trading apps. They target their core market, millennial and GenZ traders, where social trading remains a popular, high-growth trading approach.

Available Markets

Available MarketsOctaFBS
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
Maximum Pro Leverage:

Forex traders get 37 currency pairs at FBS and 32 at Octa, making both suitable for trading strategies requiring fewer assets but liquid ones with lower spreads. Both brokers offer 30 cryptocurrency pairs, further strengthening their appeal for their core market. FBS additionally maintains large-cap equity CFDs, a sector notably missing at Octa.

Typical Spreads and Fees

Typical Spreads & FeesOctaFBS
Minimum Raw Spreads:
Not applicable-0.1 pips
Minimum Standard Spreads:
0.6 pips0.5 pips
Minimum Commission for Forex:
Commission-free$6.00 per round lot
Commission for Equities:
Not applicableCommission-free
Commission Rebates:
Execution Type:
Market MakerMarket Maker/ECN Hybrid

The commission-free pricing environment at FBS starts from 0.5 pip or $5.00 per 1 standard lot and 0.6 pips or $6.00 at Octa. FBS offers a commission-based alternative, where average mark-ups create more expensive costs. Octa offers swap-free trading in its MT5 account, resulting in a pricing advantage for leveraged strategies.

Security and Trust


Country of the RegulatorName of the RegulatorLicense Number
International Financial Services Commission000102/198
Cyprus Securities and Exchange Commission331/17


Country of the RegulatorName of the RegulatorLicense Number
St. Vincent and the Grenadines

FBS and Octa offer negative balance protection and segregate client deposits from corporate funds. FBS enjoys a clean regulatory record, while Octa operates from Cyprus regulated by CySEC, and as an unregulated but duly registered company in St. Vincent and the Grenadines. Octa earned a trustworthy reputation, equal to FBS, thanks to their well-established histories.

Octa vs FBS – Verdict


Low Forex trading costs from $5.00 per 1 standard lotLimited overall asset selection
Competitive choice of cryptocurrencies
Proprietary copy trading service and one of the largest trading communities
Minimum deposit of $1 with maximum leverage of 1:3000


Low minimum deposit and high leverage up to 1:500Limited overall asset selection
Swap-free trading in the Octa MT5 account
Competitive selection of cryptocurrencies
Large trading community and proprietary copy trading service

FBS and Octa execute a similar business model and cater to identical core markets, millennial and GenZ traders. Both have large trading communities, a proprietary copy trading service, an in-house developed mobile app, and a competitive choice of cryptocurrencies. With quality education, generous bonuses, and the MT4/MT5 trading platforms available at both, Octa pulls ahead due to lower costs with swap-free trading in its MT5 accounts and the Autochartist plugin.

Read full Octa Review
Read full FBS Review

FBS is home to 23+ million traders from 150+ countries and established itself as one of the most trusted brokers industry-wide with a clean regulatory record.


Is FBS a good Forex broker?

FBS offers a highly competitive trading environment with low costs and quality education for beginners, placing it among the best brokers.

Can Octa be trusted?

Octa operates as an unregulated but duly registered broker from St. Vincent and the Grenadines. It established itself with its clients as a trustworthy broker, offering negative balance protection, segregation of client deposits, and best business practices equal to regulated competitors.

How trusted is FBS?

FBS is home to 23+ million traders from 150+ countries and established itself as one of the most trusted brokers industry-wide with a clean regulatory record.

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