FP Markets vs OctaFX: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

FP Markets
FP Markets
VS
OctaFX
OctaFX
General Information Trading Conditions Account Types Platforms & Tools Payments Support

Quick Summary

Best for Beginners

OctaFX

$25.00

Tightest Spreads

OctaFX

From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. pips

Highest Leverage

FP Markets

1:Up to 1:500

Best Rated

OctaFX

4.70
/5

Mobile Trading

Both

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General Information

FP Markets

Regulation

CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)

Founded

N/A

Headquarters

Australia

Overall Rating

4.00/5

OctaFX

Regulation

CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)

Founded

N/A

Headquarters

Vincent

Overall Rating

4.70/5

Trading Conditions

Feature FP Markets OctaFX
Minimum Deposit $100.00 $25.00
Average Spreads From 1.0 pip (Standard, avg. 1.1 pips on EUR/USD) to 0.0 pips (Raw, avg. 0.1 pips + commission) From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors.
Maximum Leverage Up to 1:500 Up to 1:1000
Commission None None

Account Types

FP Markets

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account

OctaFX

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account Micro Accounts

Platforms & Tools

FP Markets

MetaTrader 4, MetaTrader 5, cTrader, WebTrader, TradingView

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

OctaFX

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

FP Markets

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, PayPal, Poli, PaySafeCard, Bitcoin, Local methods (e.g., BPay for AU, Ngan Luong for Vietnam)

Withdrawal Methods

Same as deposits; processed 1-3 days (instant for e-wallets)

Withdrawal Fee

None

OctaFX

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Bank Wire Transfer, Cryptocurrencies (Bitcoin, USDT, 10+ options).

Withdrawal Methods

Same as deposits: Processed same-day for e-wallets/crypto; 1-3 days for wires. Broker covers all fees (third-party may apply).

Withdrawal Fee

None

Support

FP Markets

Support Languages

18+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese

Support Channels

24/7 multilingual customer support via live chat, email, and phone.

Account Manager

Available

OctaFX

Support Languages

English, Arabic, Chinese, Spanish, Indonesian, Malay, Thai, Vietnamese – 10+ for Asian/global users.

Support Channels

24/7 via Live Chat, Email (support@octafx.com), WhatsApp/Phone; Response <1 min.

Account Manager

Available

Ready to choose your broker?

Select the platform that best matches your needs

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