Head-to-Head Comparison

IG vs Octa

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

IG logo

IG

FCA
Est. 1974
VS
Score
2:1
Octa logo

Octa

CySEC
Est. 2011

Quick Summary

IG (established 1974) and Octa (established 2011) are both regulated forex and CFD brokers. Both brokers offer competitive spreads. Both brokers offer similar maximum leverage of 200:1. Octa has a lower minimum deposit requirement of $25.

Trading Conditions

Feature
IG
Octa
Min. Spread
0.6 pips
0.6 pips
Min. Deposit
$0
$25
Max Leverage
200:1
500:1
Execution
Market Maker / DMA
STP
Instruments
18000+
300+
Founded
1974
2011
Headquarters
United Kingdom
Cyprus

Regulation & Licensing

IG logo
IG

FCA(195355)
United Kingdom
BaFin(148759)
Germany/EU
BMA(54833)
Bermuda

Octa logo
Octa

CySEC(372/18)
Cyprus
IBC(2023-00092)
Saint Lucia
MISA(HY00623410)
Comoros

Platforms & Features

Feature
IG
Octa
Platforms
IG Online Platform, MetaTrader 4, ProRealTime, L2 Dealer, MetaTrader 5
OctaTrader, MetaTrader 4, MetaTrader 5
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account

Server Infrastructure

Metric
IG
Octa
Total Servers
2
2
Total Endpoints
9
4
Countries
1
2
Hosting Providers
IG Knowhow Limited
Google Cloud

Account Types

IG

CFD Trading
Spread: 0.6 pipsMin: $300Lev: 200:1
Spread Betting
Spread: 0.6 pipsMin: $0Lev: 30:1

Octa

OctaTrader
Spread: 0.6 pipsMin: $25Lev: 500:1
MetaTrader 5
Spread: 0.6 pipsMin: $25Lev: 500:1

Verdict: IG vs Octa

Based on our verified data analysis, IG has a slight edge in this comparison with a score of 2 vs 1.

Choose Octa for a lower entry barrier.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.