Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
XBTFX
$10.00Tightest Spreads
OctaFX
From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. pipsHighest Leverage
XBTFX
1:Up to 1:500Best Rated
OctaFX
Mobile Trading
Both
✓✓General Information
XBTFX
Regulation
CySEC (Cyprus)
Founded
N/A
Headquarters
Seychelles
Overall Rating
OctaFX
Regulation
CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Founded
N/A
Headquarters
Vincent
Overall Rating
Trading Conditions
| Feature | XBTFX | OctaFX |
|---|---|---|
| Minimum Deposit | $10.00 | $25.00 |
| Average Spreads | Standard: From 1 pip (no commission) ECN: Raw from 0.01 pips + $2.75–$3.5/lot/side 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
XBTFX
OctaFX
Platforms & Tools
XBTFX
MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading
Available
Web Trading
Not 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
XBTFX
Deposit Methods
Cryptocurrencies: BTC, ETH, USDT, USDC, XRP (instant, no fees from XBTFX).E-wallets: Skrill, Volet (formerly AdvCash), Sticpay (instant, zero platform fees). Bank Wire/Card: Visa/Mastercard top-ups, wires (1–3 days; name must match account).
Withdrawal Methods
Same as deposits (crypto instant; fiat 1–3 days). Processed same-day for verified accounts; network fees apply for crypto.
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
XBTFX
Support Languages
English, Spanish, Portuguese, Arabic, Chinese, Russian (24/7 multi-language support)
Support Channels
24/7 via live chat, email (support@xbtfx.io), phone (+248-401-6262). Responsive (2-hour avg.); praised for quick issue resolution
Account Manager
Not 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
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