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octa , ADSS Broker Comparison

Do you want to know which is the better broker between octa and ADSS ?

In the table below, you can compare the features of octa , ADSS side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
octa
6.49
Regulated
Under guarantee
5-10 years
CYSEC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ADSS
2.48
Regulated
Under guarantee
5-10 years
SFC,CMA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
PRO,ELITE,Classic
--
$25,000
1:500
from zero
0.00
--
--
--

octa 、 ADSS BrokerRelated News

octa 、 ADSS BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do octafx and adss have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

octafx
Quick Octa Review Summary
Founded2011
Registered Country/RegionCyprus
RegulationRegulated by CYSEC
Market InstrumentsCurrrency pairs, gold/silver, commodities, indices, cryptos
Demo Account
Min Deposit50 EUR
LeverageUp to 1:30
EUR/USD SpreadFloating around 1.1 pips
Trading PlatformOctaTrader, Web platform, Android
Payment MethodsSwissquote, BluOr Bank, RIETUMU
Deposit & Withdrawal Fee
Customer Support9 a.m. – 6 p.m. UTC+3
Email: clientsupport@octaeu.com
Regional RestrictionsBelgium, the USA, Canada, Spain, and the UK, as well as to jurisdictions outside the European Economic Area (EEA) except Switzerland

Octa Information

Founded in 2011, Octa a regulated broker registered in Cyprus, offering trading in currrency pairs, gold/silver, commodities, indices, and cryptos on OctaTrader, Web platform, and Android platforms.

OctaFX's home page

Pros and Cons

Pros Cons
Regulated by CYSECRegional restrictions
Various tradable instrumentsMT4/MT5 unavailable
Demo accounts availableLimited payment options
Tight EUR/USD spreadNo 24/7 customer support
No fees for deposits and withdrawals

Is Octa Legit?

Yes. Octa is currently regulated by Cyprus Securities and Exchange Commission (CySEC).

Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
Cyprus
CySECOcta Markets Cyprus LtdMarket Making (MM)372/18
Is Octa Legit?
Is Octa Legit?

What Can I Trade on Octa?

Octa offers trading in currrency pairs, gold/silver, commodities, indices, and cryptos.

Tradable Instruments Supported
Currency pairs
Gold & Silver
Commodities
Indices
Cryptos
Stocks
Bonds
Options
ETFs

Leverage

The maximum leverage vary on the asset class. Detailed info can be found in the table below:

Asset ClassMax Leverage
Currency pairs1:30
Gold & Silver1:20
Commodities1:10
Indices1:20
Cryptos1:25

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Leverage

Spread and Commission

Octa offers commission-free trading and the EUR/USD spread is floating around 1.1 pips. If you are interested in spreads on other trading instruments, you can visit https://www.octaeu.com/spreads/

Spread

Trading Platform

Octa has a built-in proprietary trading platform - OctaTrader available on the Web, Desktop, and Android versions.

OctaTrader

Deposit and Withdrawal

Octa supports very limited payment options, only Swissquote, BluOr Bank, and RIETUMU.

The minimum deposit or withdrawal amount are both 50 EUR.

All deposits and withdrawals are free of charge, and can be processed within 3-7 business days.

Deposit details
Withdrawal details

Customer Support Options

Octa provides email instead of phone or live chat contact, which will result in traders being unable to deal with emergencies on time. You can also follow them on some social platforms, such as Facebook, Twitter, and Instagram.

Contact Options Details
Email clientsupport@octaeu.com
Social Media Facebook, Twitter, Instagram
Website Language English, Italian
Physical Address 1 Agias Zonis and Thessalonikis Corner, Nicolaou PentadromosCenter, Block: B', Office: 201,3026, Limassol, Cyprus
Customer Support Options
adss
ADSSReview Summary
Founded2003-10-12
Registered Country/RegionUnited Arab Emirates
RegulationRegulated(SCA), HK(Revoked)
Market InstrumentsIndices/Forex/Equities/Cryptos/Commodities/Bonds/ETFs
Demo Account
LeverageUp to 1:500
SpreadEUR/USD: from 0.7 pips
Trading PlatformMT4(Desktop/Mobile(iOS/Android))
Min Deposit$100
Customer Support(24/5)Email: ts@adss.com
Phone: +971 2 657 2414
Facebook/Twitter/LinkedIn/YouTube/Instagram/Telegram
Live chat

ADSS Information

ADSS is a MENA broker that specializes in online trading and provides both beginner and professional traders with access to various opportunities across global financial markets including indices, forex, equities, cryptos, and commodities. The broker also provides three live accounts with a maximum leverage of 1:500. The minimum spread is from 0 pips(EUR/USD: from 0.7 pips) and the minimum deposit is $100.

ADSS Information

Pros and Cons

Pros Cons
Leverage up to 1:500Islamic account unavailable
MT4 availableSome negative comments: unable to withdrawal
RegulatedNo bonus information
Spread(EUR/USD) from 0.7 pips
Demo account available
Various tradable instruments

Is ADSS Legit?

ADSS is authorized and regulated by the Securities and Commodities Authority(SCA), with the License Type Retail Forex License, making it safer than unregulated. Meanwhile, the Hong Kong Regulatory Authority(HK) regulates ADSS with license number AXC847 and License Type Dealing in futures contracts & Leveraged foreign exchange trading. However, the 'revoked' current status is less safe than a regulated one.

Is ADSS Legit?
Is ADSS Legit?
Is ADSS Legit?

What Can I Trade on ADSS?

ADSS offers various market instruments, including indices, forex, equities & ETFs, cryptos, bonds, and commodities.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptos
Equities & ETFs
Bonds
What Can I Trade on ADSS?

Account Type

ADSS has three account types: classic, elite, and pro. Traders who want low spreads can choose a pro account, while those with a small budget can open a classic account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type ClassicElitePro
Deposit$100$100000$100000
SpreadsMarket Spreads25% lower spreadsFrom zero pips
Max Leverage1:5001:5001:500

ADSS Fees

The EUR/USD spread starts from0.7 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

Traders can access the MT4 trading platform through the ADSS mobile or desktop application. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop/Mobile(iOS/Android)Junior traders
Trading Platform

Deposit and Withdrawal

The first deposit amount must be $100 or above. ADSS accepts bank wire transfers, credit cards, online bank transfers, digital payment platforms like Skrill, Neteller, and Cash U, and also now Samsung and Apple Pay for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Rebates

Earn a monthly rebate when you trade HSENG, US2000, SWISS, JPN225, or ESTOX indices. Trading volume* reaches the amount shown in Tier 1, Tier 2, or Tier 3, and traders can earn rebates for every million notional volume traded. ADSS pays in USD in the first week of the following month.

Notional volumeRebate
Tier 110,000,000+$10 per million
Tier 220,000,000+$20 per million
Tier 330,000,000+$30 per million

Do octafx and adss have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive octafx and adss are, we first considered common fees for standard accounts. On octafx, the average spread for the EUR/USD currency pair is -- pips, while on adss the spread is from zero.

Which broker between octafx, adss is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

octafx is regulated by CYSEC. adss is regulated by SFC,CMA.

Which broker between octafx, adss provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

octafx provides the -- platform with products like --; adss offers the PRO,ELITE,Classic platform featuring assets including --.

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