Octa trading account types

Each trading platform has its own array of assets and features that shape your trading experience

OctaTrader

Spread from:

0.6 pips

Floating spread, markup

Trading commission:

$0

No deposit or withdrawal fees

Min deposit:

$25

Recommended: $100

Instruments:

80

35 currency pairs
+ gold and silver
+ 3 energies
+ 10 indices
+ 30 cryptocurrencies

_mt5

Spread from:

0.6 pips

Floating spread, markup

Trading commission:

$0

No deposit or withdrawal fees

Min deposit:

$25

Recommended: $100

Instruments:

277

52 currency pairs
+ gold and silver
+ 3 energies
+ 10 indices
+ 34 cryptocurrencies
+ 150 stocks
+ 26 intraday assets

Open a trading account that best fits your trading style
Open account

Octa Forex account types compared

OctaTrader MetaTrader 5
Floating spread
From 0.6 pips From 0.6 pips
No commissions, spread markup
Base currency
USD USD
Minimum deposit
25 USD 25 USD
Forex pairs
Metals
Energies
Indices
Cryptocurrencies
Stocks
Intraday assets
Precision
5 digits 5 digits
Margin trading
Maximum leverage
Forex 1:1000
(ZARJPY 1:200)
Metals 1:400
Energies 1:400
Indices 1:400
Crypto 1:200		 Forex 1:1000
(ZARJPY 1:200)
Metals 1:400
Energies 1:400
Indices 1:400
Crypto 1:200
Stocks 1:40
Intraday assets 1:1000
No swaps, halal trading
Minimum order size
0.01 lot 0.01 lot
Maximum order size
50 lots 500 lots
Execution type
Market Market
Margin call / Stop Out
25% / 15% 25% / 15%
Hedging
Scalping
Expert Advisors (EAs)
Deposit bonus
50% 50%
Status Program
Demo accounts

How to open an Octa trading account

To open your first Octa trading account, sign up and follow the instructions. You can always open more trading accounts on different trading platforms for free.

Sign up

Register and follow our trading account opening process. Customise your account—real or demo—or just create a standard margin account in one click.

Deposit

Make your first deposit: the minimum investment size is about 25 USD depending on the payment method you are using.

Verify

Upload your ID for review. The process usually takes about 1–2 business hours. Once we confirm your identity, you can start withdrawing funds from your trading account.

Trade

That’s it, you are all set. Log in to your online trading account or download the app and launch it to start trading Forex pairs and other assets.

Open account

Favourable trading conditions for all Octa trading accounts

Octa Status Program

Unlock lower spreads, personal guidance, and many other benefits by increasing your account balance.

No commissions or fees

Make trades free of charge: no trading commissions and no fees for deposits, withdrawals, or inactivity.

Flexible margin trading

Use leverage of up to 1:1000 to expand your trading possibilities and earn more with lesser deposits.

Useful trading tools

Discover useful tools for traders: economic calendar, trading ideas and strategies, trading news, and more.

Start trading

FAQ

What is a trading account?

A trading account is where you store funds and trade currencies or other assets. You can create multiple trading accounts for your Octa profile, each with its own balance and leverage.

What is a trading platform?

A trading platform is a software interface that provides access to the Forex market. Each platform has its own set of tools and tradable assets. Octa allows you to choose between three platforms: OctaTrader, MetaTrader 4, and MetaTrader 5. They define the three types of trading accounts offered by Octa.

How can I change the type of my Octa trading account?

You can only choose the trading platform when creating an account. Once it is created, you cannot switch the type of your Octa trading account. However, you can just create another one on a different trading platform—for free.

What is a margin account in trading?

A margin account is a trading account that allows using leverage to open larger orders. Octa features margin trading on all available trading accounts: you can use leverage of up to 1:1000 for Forex pairs.

What is a demat account?

A demat account is a digital storage mostly used by Indian investors to hold securities in virtual form. The main difference between demat and trading accounts is that the former is just a repository, and the latter allows you to buy and sell your securities. Octa features only trading accounts.

What is the Octa Status Program?

The Octa Status Program allows traders to unlock valuable benefits by increasing their trading account balance. The program is divided into four levels, and reaching each of them unlocks more benefits: lower spreads, faster transfers and withdrawals, personal help from Octa experts, and so on.

How does the Octa deposit bonus work?

Octa provides a 50% bonus for all deposits exceeding 50 USD. To claim it, open a real account, make a deposit of at least 50 USD using any payment method, and activate your bonus. However, you cannot withdraw these bonus funds right away. To cash out, trade half of that sum in lots: for example, to take a bonus of 100 USD, you need to trade at least 50 lots.

Does Octa feature Islamic trading accounts?

All Octa trading accounts are swap-free and thus fully in line with Islamic rules. That means you do not need to open a special Islamic trading account: just sign up and start trading.