Written by ForexBrokers.com
In this head to head comparison of eToro vs Octa, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.
eToro vs. Octa: eToro was founded in 2007 and is publicly traded, while Octa, founded in 2011, is not listed. Neither company is a bank. This means both operate as online brokers, but only eToro has shares trading on a stock exchange.
Regulation and trust: eToro holds four Tier-1 licenses (most trusted regulators) and one Tier-2 license (trusted), compared with Octa’s one Tier-1 and one Tier-2 license. On ForexBrokers.com’s 0–99 Trust Score scale—90–99 highly trusted; 80–89 trusted; 70–79 average risk; 60–69 high risk; under 59 not trusted—eToro scores 97 (highly trusted), while Octa scores 73 (average risk).
| Feature |
eToro
|
Octa
|
|---|---|---|
| Year Founded | 2007 | 2011 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees, eToro and Octa are both rated 4 stars, but eToro ranks slightly higher at #23 out of 36 brokers, while Octa sits at #27. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit above the industry average. In plain terms, that means eToro is usually not the cheapest choice for spread-sensitive traders, but many users are drawn to its social copy trading features instead.
Octa has made clear progress on pricing and now competes more closely with low-cost MetaTrader brokers. Its fees depend on the account type and the regulatory entity you trade under, with EU clients generally seeing one setup and international clients another. Octa lists a lower average EUR/USD spread of 0.5 pips for its EU entity and 0.9 pips for its foreign entities, and it also advertises no overnight carry costs and no slippage on most orders, though some restrictions may make it less attractive for high-frequency traders.
Overall, eToro is better known for its platform and social trading tools, while Octa is more focused on tighter pricing and fee savings. If your main goal is lower trading costs, Octa may have the edge. If you value copy trading and a more social experience, eToro may be the better fit despite its slightly higher spreads.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 |
| Average spread (EUR/USD) - Standard account | 1 | 0.9 |
| All-in Cost EUR/USD - Active | 1 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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When it comes to range of investments, eToro offers a much wider selection than Octa. eToro lists 7,441 tradeable symbols and 65 forex pairs, while Octa provides 300 symbols and 35 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both include copy trading. Octa does allow clients to trade exchange-traded securities on international exchanges, but unlike eToro, it does not offer U.S. exchange-listed shares such as Apple as actual stocks.
eToro also stands out for its broader access to real assets, including the ability to buy actual cryptocurrency rather than only crypto CFDs. Octa offers crypto CFDs, but not delivered crypto. Reflecting these differences, eToro is rated 5 stars for Range of Investments and ranks #10 out of 36 brokers at ForexBrokers.com, while Octa is rated 3.5 stars and ranks #34. For investors looking for more markets and asset types in one place, eToro has the edge.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 300 |
| Forex Pairs (Total) | 65 | 35 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
eToro and Octa both give traders a user-friendly place to practice with a free demo account, use a broker-built platform, and trade from a browser. Both also support copy trading and let users place trades directly from a chart, which can make the trading process easier for beginners and more active traders alike. In ForexBrokers.com’s Trading Platforms and Tools category, eToro is rated 4.5 out of 5 stars and ranks #8 out of 36 brokers, while Octa is rated 4 out of 5 stars and ranks #31.
The main difference is in platform choice. Octa offers a Windows desktop app plus MetaTrader 4 and MetaTrader 5, giving traders more well-known software options. eToro does not offer a Windows download platform, MT4, or MT5, so its setup is more centered on its own web platform. For traders who want simple access and copy trading, eToro is a strong pick; for those who want desktop trading and MetaTrader support, Octa has the edge.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and Octa both offer iPhone and Android apps, along with stock and forex price alerts, so either broker gives traders the basics needed to monitor the market on the go. Both apps also support drawing trendlines on charts, but eToro stands out for watchlist symbol syncing, which keeps mobile watchlists aligned with the online account. Octa does not offer this sync feature, so updates made in one place do not automatically carry over to the other.
When it comes to charting tools, eToro has a clear edge with 104 technical studies in its mobile app, compared with 30 at Octa. Octa does have one useful advantage: drawings on its mobile charts auto-save, while eToro does not. Overall, eToro earns a higher mobile trading apps rating at 4.5 out of 5 stars and ranks #10 out of 36 brokers, while Octa scores 4 out of 5 stars and ranks #30, making eToro the stronger choice for mobile traders overall.
| Feature |
eToro
|
Octa
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|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
eToro and Octa both give traders useful market research features, including daily market commentary, forex news from major sources like Bloomberg and Reuters, and an economic calendar to track key global events. That means both platforms can help you stay on top of what is moving the markets day to day. In the ForexBrokers.com Research category, eToro is rated 4.5 out of 5 stars and ranked #12 out of 36 brokers, while Octa is rated 4 out of 5 stars and ranked #24.
Where eToro stands out is in its extra research tools. It offers a sentiment tool that shows the balance of long and short positions, plus market research from TipRanks, while Octa does not. Octa, on the other hand, offers Autochartist, which eToro does not. Neither broker offers Trading Central or Acuity Trading tools, so if those are important to you, neither platform fully covers that need.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly learning, both eToro and Octa give new traders plenty of ways to build skills. Each broker offers forex and CFDs education, monthly educational webinars, and at least 10 beginner videos, plus 10 advanced videos for traders who want to keep learning. That means beginners at either platform can find a steady mix of articles, videos, and live sessions to help them understand trading basics and move on to more advanced topics.
Even with both brokers offering similar types of educational content, eToro stands out more strongly overall. eToro is rated 4.5 out of 5 stars for Education and ranks #3 out of 36 brokers in the category, while Octa is rated 4 out of 5 stars and ranks #32. For beginners comparing the two, eToro appears to have the edge in both quality and recognition, even though Octa still provides a solid range of helpful learning materials.
| Feature |
eToro
|
Octa
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Octa. eToro finished with an overall rank of #9, while Octa finished with an overall rank of #35.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
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Octa
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| Trust Score | 97 | 73 |
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In the eToro vs Octa comparison, eToro lets you buy actual (delivered) cryptocurrency and trade crypto CFDs, while Octa offers only cryptocurrency CFDs and does not support buying real, delivered crypto.
In the eToro vs Octa comparison for deposit and withdrawal methods, eToro supports ACH/SEPA transfers and PayPal (as well as Skrill and bank wires), while Octa lacks ACH/SEPA and PayPal but does offer Skrill and bank wire transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | eToro | Octa | |
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| Trust Score | 97 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review | Octa Review |
| Broker Screenshots | eToro | Octa | |
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| Regulation | eToro | Octa | |
|---|---|---|---|
| Trust Score | 97 | 73 | |
| Year Founded | 2007 | 2011 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Octa | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 300 | |
| Forex Pairs (Total) | 65 | 35 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | Octa | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 0.9 | |
| All-in Cost EUR/USD - Active | 1 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Octa | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Octa | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Octa | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Octa | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | Octa | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Octa Review |
| Overall | eToro | Octa | |
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| Trust Score | 97 | 73 | |
| Winner | check_circle | ||
| Review | eToro Review | Octa Review |
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