Head-to-Head Comparison
OANDA vs Octa
Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.
OANDA
FCA
Est. 1996
VS
Score
3:2
Octa
CySEC
Est. 2011
Quick Summary
OANDA (established 1996) and Octa (established 2011) are both regulated forex and CFD brokers. OANDA offers tighter spreads starting from 0 pips, compared to Octa's 0.6 pips. Both brokers offer similar maximum leverage of 200:1. Octa has a lower minimum deposit requirement of $25.
Trading Conditions
Feature
OANDA
Octa
Min. Spread
0 pips
0.6 pips
Min. Deposit
$0
$25
Max Leverage
200:1
500:1
Execution
Market Maker
STP
Instruments
100+
300+
Founded
1996
2011
Headquarters
United States
Cyprus
Regulation & Licensing
OANDA
FCA(461819)
United Kingdom
NFA(0325821)
United States
MAS(CMS100231)
Singapore
ASIC(412981)
Australia
CIRO
Canada
FSC(SIBA/L/20/1130)
British Virgin Islands
Octa
CySEC(372/18)
Cyprus
IBC(2023-00092)
Saint Lucia
MISA(HY00623410)
Comoros
Platforms & Features
Feature
OANDA
Octa
Platforms
OANDA Trade, MetaTrader 4
OctaTrader, MetaTrader 4, MetaTrader 5
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account
Server Infrastructure
Metric
OANDA
Octa
Total Servers
2
2
Total Endpoints
7
4
Countries
4
2
Hosting Providers
Liquidity Connect LLC, Cloudflare, Beeks Financial Cloud
Google Cloud
Account Types
OANDA
Standard
Spread: 0.6 pipsMin: $0Lev: 200:1
Core
Spread: 0 pipsMin: $0Lev: 200:1Comm: $5/100k
Octa
OctaTrader
Spread: 0.6 pipsMin: $25Lev: 500:1
MetaTrader 5
Spread: 0.6 pipsMin: $25Lev: 500:1
Verdict: OANDA vs Octa
Based on our verified data analysis, OANDA has a slight edge in this comparison with a score of 3 vs 2.
Choose OANDA if you prioritize the tightest possible spreads. 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.