OctaFX
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Vs.

Capital.com
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75.26% of retail CFD accounts lose money. Trading on margin is high risk and is not suitable for everyone.

OctaFX Vs. Capital.com - Compare and Choose the Right One

Updated May 13 2022

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Your capital is at risk.

Visit

75.26% of retail CFD accounts lose money. Trading on margin is high risk and is not suitable for everyone.

Overview

OctaFX is an international FX broker operating as an incorporated company from St. Vincent and the Grenadines specialising in currencies trading via MetaTrader 4 & 5.

Capital.com is a global broker specialising in CFD Trading with an offering of more than 4000+ assets.

Best For
  • Traders looking for a high leverage off-shore broker
  • New traders looking to experiment using MT4 & 5 with a no commission low-cost broker
  • Beginner and intermediate traders looking for a cost-effective option to trade CFDs on Stocks and ETFs
  • Investors and traders looking to buy shares using their new stock investing account (Not available in Australia)
Licenses

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

0

Other Licenses

0

Provided by
TheTradingBible.com

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Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • Not regulated, Registered in St. Vincent and the Grenadines under IBC 19776.
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • NBRB (Belarus)
The Good
  • High leverage offered due to no regulatory restrictions
  • MetaTrader 4 & 5 platforms with their own copy trading integration
  • Low minimum deposit
  • Beginner friendly platforms
  • Customisable or removable leverage (Not available in Australia)
  • Integration with TradingView
The Bad
  • Despite having financial licenses, OctaFX does not operate using them, meaning that they are an unregulated broker.
  • Their asset offering is extremely limited (80 instruments)
  • Lack of advanced research and analysis tools
  • No multi-charting capabilities on their propietary web platform
  • Trailing-stop order not available
Status
Operational Operational
Recent News
N/A Recently granted ASIC license
Key Data
⌛ Account Opening Time
1 Day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2011 2016
💳 Minimum Deposit
$25 $, €, £ - 20
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Bitcoin
  • Ethereum
  • USDT (Tether)
  • Litecoin
  • Dogecoin
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Apple Pay
  • iDeal
💵 Account Base Currencies
2 - EUR, USD. 5 - USD, GBP, EUR, PLN, AUD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA. US, SY, IR.
📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on currencies, commodities, indices and cryptocurrencies.

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices.
📙 Stocks
N/A 1,000 Real Stocks / 3,800+ CFDs
📘 Currency Pairs
35 140
📗 Commodities
5 33
📕 Indices
10 37
📔 ETFs
N/A 115
💸 Cryptocurrencies
30 27 (Not available in the U.K)
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

All of OctaFX’s assets are CFDs.

The majority of Capital.com's assets are CFDs with the exception of their new stock investing account offering where users can buy / trade real shares (Not available in Australia).

Trading Experience
📈 Minimum Stock Trade Size
N/A Varies by Stock (Eg: 0.1 units of Tesla)
📉 Minimum ETFs Trade Size
N/A Varies by ETF (Eg: 1 units of XLK)
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies by Commodity (Eg: 0.1 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:500 Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes Yes (Not available in Australia)
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions
No No
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 20 Pips Dynamic - From 70 Pips
📈 GOLD
Dynamic - From 180 Pips Dynamic - From 55 Pips
📉 TSLA (Stock CFD)
N/A Dynamic - From $3.30
📈 XLK (ETF - CFD)
N/A Dynamic - From $0.97
📉 BTC
Dynamic - From $57 Dynamic - From $130
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Partial - "Discover" tool with limited capabilities
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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