OctaFX vs. NETELLER

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

OctaFX

  • Pros
  • Trade on MetaTrader 4, MetaTrader 5 or cTrader.
  • No fees on deposits or withdrawals.
  • Negative balance protection.
  • Copy trading platform.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No CFDs on commodities, stocks or ETFs.
  • Account base currencies: USD, EUR.
  • Awards
  • Best CFD Broker Asia Pacific, 2020 - CFI.co
  • Best ECN Broker, 2020 - World Finance
  • Best Forex Broker Asia 2020 - World Finance
NETELLER

  • Pros
  • Buy Bitcoin or other crypto-currencies.
  • Easily send money to any email address.
  • Deposit money with hundreds of Forex brokers.
  • Spend or withdraw profits with a prepaid Mastercard.
  • Cons
  • 2.5% fee on deposits under US$ 20,000.
  • Not suited for day trading because of its currency exchange fees.
  • Monthly inactivity fee after 12 months.

Markets

Asset classesOctaFX ▷NETELLER ▷
Forex (CFD)NA
Cryptos (CFD)NA
CryptosNA
Indices (CFD)NA
Metals (CFD)NA
Energy (CFD)NA
Asset classes (#)OctaFX ▷NETELLER ▷
Forex (CFD)28NA
Cryptos (CFD)5NA
CryptosNA9
Indices (CFD)10NA
Metals (CFD)2NA
Energy (CFD)2NA

Trading platforms

Trading platformsOctaFX ▷NETELLER ▷
MetaTrader 4NA
MetaTrader 5NA
cTraderNA
CurrenexNA
Copy tradingNA
Mirror tradingNA
Operating systemsOctaFX ▷NETELLER ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsOctaFX ▷NETELLER ▷
Bank transfer
Credit card
Debit card
Bitcoin
Bitcoin CashNA
BPAYNA
NETELLER
paysafecardNA
POLiNA
Przelewy24NA
QIWI WalletNA
Skrill
Yandex.MoneyNA
Account base currenciesOctaFX ▷NETELLER ▷
EUR - EuroNA
USD - U.S. DollarNA

Regulators

Company informationOctaFX ▷NETELLER ▷
Company nameNAPaysafe Financial Services Limited
Head officeSt. Vincent and the GrenadinesLondon, UK
Incorporation dateNA1999
RegulatorsOctaFX ▷NETELLER ▷
CySECNo. 372/18NA
Saint Vincent and the GrenadinesIBC No. 19776NA
UKNAFCA No. 900015