Octa vs. RoboForex

Octa

$25 min. deposit

1:500 leverage

Updated Apr 2024

RoboForex

$10 min. deposit

1:500 leverage

58.42% of retail CFD accounts lose money

Updated Jan 2024

  • Overall
    4.0 / 5
  • Markets
    4.0 / 5
  • Trading environment
    4.5 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.0 / 5
  • Customer service
    4.3 / 5
  • Likes
  • Trade without restrictions on MetaTrader or OctaTrader.
  • Enjoy a 10% to 50% bonus on every deposit.
  • Fast and free deposits and withdrawals.
  • Copy trading is available.
  • Dislikes
  • You cannot buy shares or cryptocurrency (only CFDs).
  • Only supports 2 account base currencies: USD, EUR.
  • Overall
    4.1 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.5 / 5
  • Deposits and withdrawals
    3.9 / 5
  • Investor protection
    3.2 / 5
  • Customer service
    3.8 / 5
  • Likes
  • Access 12,000 instruments, including real stocks.
  • Start trading in minutes without ID verification.
  • Enjoy negative balance protection.
  • Dislikes
  • RoboForex is only regulated in Belize.
  • Withdrawal fees across most funding methods.

Easily navigate this review:

Markets
Asset classes (#)Visit Octa Visit RoboForex
Forex (CFD)3540
Cryptos (CFD)*3133
Stocks (CFD)1608400
Stocks3000
Indices (CFD)1010
ETFs (CFD)1000
Metals (CFD)220
Energy (CFD)24
Commodities (CFD)100

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit Octa Visit RoboForex
MT4
MT5
Copy trading
Other platformsOctaTraderR StocksTrader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit Octa Visit RoboForex
Bank transfer
Debit card
Credit card
AdvCash
ApplePay
AstroPay
China UnionPay
GooglePay
NETELLER *
Ngân Lượng
Perfect Money
Skrill *
Western Union
Deposits and withdrawals (Crypto)Visit Octa Visit RoboForex
BTC (Bitcoin)
DOGE (Dogecoin)
ETH (Ethereum)
LTC (Litecoin)
USDT (Tether)
Account base currenciesVisit Octa Visit RoboForex
BTC
CNY
ETH
EUR
USD
USDT
Gold
Investor protection
Regulated entitiesVisit Octa Visit RoboForex
Belize
Cyprus (EU)
South Africa
Union of Comoros
Octa

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RoboForex

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58.42% of retail CFD accounts lose money