Written by ForexBrokers.com
In this head to head comparison of Octa vs IUX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Octa (founded 2011) and IUX (founded 2016) are both online brokers that are not publicly traded and are not banks. Each firm holds one Tier-1 license and one Tier-2 license, signaling comparable oversight from higher- and mid-tier regulators.
According to ForexBrokers.com, Octa has a Trust Score of 73 out of 99 and IUX scores 76, which both fall into the “average risk” range (70–79). While IUX edges out Octa by a small margin on trust score, their regulatory profiles are broadly similar.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Year Founded | 2011 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing Octa vs IUX on commissions and fees, both brokers offer pricing that can work well for cost-conscious traders, but IUX has a slight edge overall. Octa is rated 4 out of 5 stars and ranks #27 out of 36 for Commissions and Fees, while IUX earns 4.5 out of 5 stars and ranks #19 out of 36. Octa has improved its pricing a lot and now comes close to some of the lowest-cost MetaTrader brokers, but its average spread figures are not tied to a date range, which makes them harder to compare directly.
Octa’s costs depend on the account type and the entity that oversees the account. European clients use the EU setup, where EUR/USD averages 0.5 pips, while international clients may see about 0.9 pips. Octa also advertises no overnight carry costs and no slippage on 97.5% of executed orders, but it does have some restrictions that may not suit high-frequency traders. IUX also varies by account type, with Standard and Standard+ accounts requiring just a $10 minimum deposit, while Raw and Pro accounts are built for more active traders and require a $500 minimum deposit.
For pricing, IUX gives traders a few clear choices: Standard and Standard+ are spread-only options, Pro offers lower spreads without commission, and Raw has the tightest spreads but adds a $6 commission per 100,000 units. IUX lists average EUR/USD spreads of 0.9 pips on Standard, 0.7 pips on Pro, and about 0.6 pips on Raw when the commission is counted in pip terms. Overall, Octa may appeal to traders looking for simple low-cost trading with no overnight carry costs, while IUX is the better fit if you want more account options and slightly stronger overall value for commissions and fees.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Minimum Deposit | $25 | $50 |
| Average spread (EUR/USD) - Standard account | 0.9 | 0.86 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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When comparing Octa and IUX for range of investments, both brokers give traders access to forex as CFDs or spot contracts, cryptocurrency CFDs, and exchange-traded securities on international markets. Neither broker offers U.S.-listed shares as exchange-traded securities or lets clients buy actual, delivered cryptocurrency. Both are also rated 3.5 out of 5 stars for range of investments, showing a fairly similar offering at a broad level.
Octa has the edge in variety, with 300 tradeable symbols compared with 152 at IUX, and 35 forex pairs versus 34 at IUX. Octa also stands out by offering copy trading, while IUX does not. That difference helps explain why Octa is ranked #34 out of 36 brokers for range of investments, while IUX sits at #36.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 152 |
| Forex Pairs (Total) | 35 | 34 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | 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). |
Dive deeper: Best Copy Trading Platforms.
Octa and IUX both give traders a solid mix of platform choices, including free demo accounts, in-house platforms, Windows desktop downloads, web-based access, and the ability to trade straight from charts. Both brokers also support MetaTrader 5 (MT5), making them familiar picks for traders who want a well-known platform with charting and order tools. In this area, Octa and IUX are closely matched on the basics, so either one can work for beginners or active traders who want flexibility across devices.
The main difference is that Octa adds copy trading and MetaTrader 4 (MT4), while IUX does not. That gives Octa an edge for traders who want to follow other traders or use the older MT4 platform. This difference is reflected in their ratings and rankings too: Octa is rated 4 out of 5 stars and ranks #31 out of 36 for Trading Platforms and Tools, while IUX is rated 3.5 stars and ranks #36 out of 36. If platform variety matters most, Octa has the stronger offering overall.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Octa and IUX both offer mobile trading apps for iPhone and Android, so either broker can cover the basics on the go. Octa has an edge for everyday trading alerts, since it offers stock and forex price alerts while IUX does not. Octa also lets users draw trendlines on mobile charts, and its drawings auto-save, which can make chart work easier for beginners and active traders alike. In ForexBrokers.com’s Mobile Trading Apps category, Octa is rated 4 stars and ranked #30 out of 36 brokers, while IUX is rated 3.5 stars and ranked #36.
Where IUX stands out is charting depth: its mobile app includes 106 technical studies, compared with Octa’s 30. That said, IUX does not offer trendline drawing in the app and does not provide price alerts or watchlist syncing with the online account. Octa also does not offer watchlist syncing, so both brokers are limited in that area. Overall, Octa looks better for simple mobile trading features and alerts, while IUX may appeal more to traders who want a wider set of technical indicators on charts.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
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When it comes to market research, Octa has the edge over IUX. Octa provides daily market commentary, forex news from top-tier sources like Bloomberg and Reuters, and Autochartist tools for chart and pattern analysis. It also includes an economic calendar, giving traders an easy way to track key events that may move the market. IUX offers the economic calendar too, but it does not provide daily commentary, major news feeds, or Autochartist research tools.
That difference shows up in outside ratings as well. Octa is rated 4 out of 5 stars for research and ranks #24 out of 36 brokers at ForexBrokers.com, while IUX is rated 3 out of 5 stars and ranks #36. Neither broker offers Trading Central, sentiment tools, TipRanks, or Acuity Trading, so Octa’s stronger mix of news, commentary, and research tools makes it the more useful choice for traders who want more market insight.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | No | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Octa and IUX for beginner education, Octa comes out ahead overall. Octa offers forex and CFDs learning materials, monthly educational webinars, at least 10 beginner videos, and at least 10 advanced videos, which gives new traders a wider path to keep learning as they improve. IUX also provides at least 10 beginner videos, but it does not offer monthly educational webinars or the same level of advanced video content, and it does not appear to meet the minimum standard for forex or CFDs education materials in the same way Octa does.
For beginners who want more ways to learn trading step by step, Octa is the stronger choice on education, earning 4 out of 5 stars and ranking #32 out of 36 brokers for the Education category on ForexBrokers.com. IUX is rated 3 out of 5 stars and ranks #36 out of 36, so while it does have some helpful video content for new traders, Octa provides a more complete learning experience for anyone starting out.
| Feature |
Octa
|
IUX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Octa is better than IUX. Octa finished with an overall rank of #35, while IUX finished with an overall rank of #36.
Octa is a low-cost broker best known for its simple MetaTrader experience, proprietary web platform, and social copy trading tools, with a focus on accessibility for newer traders.
| Feature |
Octa
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IUX
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| Trust Score | 73 | 76 |
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Octa vs IUX comparison: neither online broker offers the ability to buy actual delivered cryptocurrency, but both provide the option to trade cryptocurrency CFDs.
Octa vs IUX: both brokers do not support ACH/SEPA or PayPal, both allow Skrill and bank wire deposits/withdrawals, and Visa/Mastercard availability is not specified for either.
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 | Octa | IUX | |
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| Trust Score | 73 | 76 | |
| Winner | check_circle | ||
| Review | Octa Review | IUX Review |
| Broker Screenshots | Octa | IUX | |
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| Broker Gallery (click to expand) |
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| Regulation | Octa | IUX | |
|---|---|---|---|
| Trust Score | 73 | 76 | |
| Year Founded | 2011 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Octa | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Octa | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Octa | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 152 | |
| Forex Pairs (Total) | 35 | 34 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | 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). |
| Cost | Octa | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | 0.86 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Octa | IUX | |
|---|---|---|---|
| Minimum Deposit | $25 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Octa | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Octa | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Octa | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Octa | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Octa | IUX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Octa | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Octa Review | IUX Review |
| Overall | Octa | IUX | |
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| Trust Score | 73 | 76 | |
| Winner | check_circle | ||
| Review | Octa Review | IUX Review |
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