FXTM versus OctaFX

FXTM offers the core MT4/MT5 trading platforms and upgrades MT4 with its Pivot Points Strategy plugin, featuring technical analysis using five methods and eight timeframes. FXTM Invest provides copy traders with a quality alternative to the embedded MT4/MT5 solutions. Algorithmic traders and scalpers benefit from an average execution speed of 0.072 seconds with an average price improvement of 0.29 pips or $2.90 per lot. Beginners get quality education and actionable trading signals.

OctaFX shines with its growing copy trading community, exceeding 12M accounts, driven by its proprietary copy trading service and user-friendly mobile app. OctaFX upgrades the out-of-the-box MT4/MT5 trading platforms with Autochartist and relies on generous, withdrawable bonuses, with $15M+ paid out to traders.

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

Features and Platforms

Features & PlatformsFXTM (visit site)OctaFX (visit site)
Headquarter:MauritiusSt. Vincent and the Grenadines
Established :
Retail Loss Rate:
Minimum Deposit:
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$5 monthly after six monthsNo
Deposit Fee:
Withdrawal Fee
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:
Excellent order executionLow trading costs
Unique Feature Two:
Proprietary copy trading platformAutochartist plugin
Broker Offers:


Traders must deposit $500 at FXTM for ultra-competitive trading costs. OctaFX maintains a status program, rewarding high-volume traders with lucrative giveaways, and both have high-paying partnership programs.

Available Markets

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

The asset selection at FXTM exceeds 1,000 trading instruments, focused on Forex and equities. While it excludes cryptocurrencies, equity traders get CFDs, direct share investments, and in-house constructed thematic stock baskets for long-term investors. OctaFX focuses on highly liquid assets, including 30+ cryptocurrency pairs, but maintains a limited overall choice of trading instruments.

Typical Spreads and Fees

Typical Spreads & FeesFXTMOctaFX
Minimum Raw Spreads:
0.0 pipsNot applicable
Minimum Standard Spreads:
1.5 pips0.6 pips
Minimum Commission for Forex:
$0.80 per 1.0 lotCommission-free
Commission for Equities:
Commission-freeNot applicable
Execution Type:
Market Maker/ECN HybridMarket Maker

FXTM fees rank among the cheapest industry-wide, especially in its FXTM Advantage account, where traders get raw spread from 0.0 pips for commissions between $0.80 and $4.00 per 1.0 standard lot. OctaFX fees feature commission-free trading with minimum costs of 0.6 pips or $6.00 per lot, plus a volume-based rebate program.

Account Types

Account TypesFXTMOctaFX
Commission-free Accounts:
Commission-based Accounts:
Demo Accounts:
Islamic Accounts:
Social / Copy Trading:
Managed Accounts:

Minimum Deposit

Account TypesFXTMOctaFX
Minimum Deposit:$10$25
Deposit Fees:
Localized Methods:
Total Deposit Methods:
Supported Deposit Currencies:
USD, EUR, GBP (15 total)USD, EUR

The FXTM minimum deposit for the Micro account is $10. Traders should consider the $500 for FXTM Advantage, as its trading costs are ultra-cheap. Other brokers require minimum deposits above $20,000 for equal trading costs. The OctaFX minimum deposit requirement is $25, but OctaFX recommends $100. Each trader has different capital requirements, but effective trading requires more capital than the minimum deposit.

Minimum Withdrawal

Typical Spreads & FeesFXTMOctaFX
Minimum Withdrawal:
Internal Withdrawal Fees:
€30 bank wires, €2 credit/debit cardsNo
Internal Processing Times:
24 hours30 minutes to three hours

Security and Trust


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


Country of the RegulatorName of the RegulatorLicense Number
Financial Services CommissionC113012295
Financial Conduct Authority777911
Cyprus Securities and Exchange Commission185/12
South Africa
Financial Sector Conduct Authority46614

FXTM and OctaFX segregate client deposits from corporate funds, offer negative balance protection, and have spotless operational records. The former caters to most clients from its Mauritius-regulated subsidiary, and the latter from its unregulated but duly registered St. Vincent and the Grenadines unit or from its regulated entity in Cyprus .

OctaFX vs FXTM – Verdict


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


Excellent commission-based Forex pricing environment and transparency No cryptocurrencies and a limited choice of commodities
Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
Quality market research and educational content for beginner traders
Proprietary copy trading platform, low minimum deposit, and high leverage

OctaFX delivers to its core trader base, copy and cryptocurrency traders, a highly competitive commission-free trading environment. Its generous bonuses, volume-based giveaways, support for cryptocurrency deposits and withdrawals, and fast withdrawal processing make it a popular broker. FXTM takes the overall lead due to its ultra-low trading costs, a well-balanced asset selection, excellent price improvement mechanism, high-speed order execution, and quality trading tools supportive of all trading strategies.

Read full FXTM Review
Read full OctaFX Review


Does FXTM have a bonus?

FXTM currently does not offer any bonuses.

What is the minimum deposit for OctaFX?

The minimum deposit for OctaFX is $25, but OctaFX recommends trading with at least $100.

What is the minimum deposit in FXTM?

The minimum deposit at FXTM is $10 for the Micro account and $500 for the Advantage account.

Can I trust OctaFX?

OctaFX is regulated in Cyprus, and it has served its 12M+ trading accounts worldwide with a respectable track record, making it a trusted broker.

How long does FXTM withdrawal take?

FXTM usually processes withdrawals within 24 hours, but it can take longer until clients receive their funds, dependent on the payment processor and geographic location.

How trusted is FXTM?

FXTM complies with four regulators, has a spotless operational record, and has catered to clients since 2011. It has established itself as one of the most trusted brokers industry wide.

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