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.

Pros and Cons

Is Octa Legit?

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

Regulated Country	Regulated by	Regulated Entity	License Type	License Number
	CySEC	Octa Markets Cyprus Ltd	Market Making (MM)	372/18

What Can I Trade on Octa?

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

Leverage

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

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.

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/

Trading Platform

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

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.

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.

Invest Markets Information

Invest Markets is an international online platform offering CFD trading, supporting the trading of assets such as foreign exchange and stock CFDs. The platform highlights its WebTrader trading platform, allowing traders to trade directly via browsers on devices like computers and mobile phones. It offers multiple account types and provides a maximum leverage ratio of 1:400.

Pros and Cons

Is Invest Markets Legit?

The Financial Services Commission offshore regulates Invest Markets, with a regulatory license number of 000307/19.

What Can I Trade on Invest Markets?

Invest Markets offers stocks, indices, commodities, ETFs, cryptocurrencies, forex, and favourites.

Account Type

The platform offers 4 types of accounts, differentiated by capital thresholds and rights:

Invest Markets Fees

Trading costs:

The spread ranges from 1.6 pips to 3.0 pips, depending on the account type.

Non-trading fees:

An inactive account fee will be charged if there is no account activity for 1 consecutive month.

Withdrawal fees apply to lower-tier accounts if the free withdrawal limit is exceeded:

VIP accounts: free unlimited withdrawals

Platinum accounts: 3 free withdrawals per month

Gold/Basic accounts: 1 free withdrawal per month

Leverage

All account types offer a maximum leverage of 1:400, applicable to retail clients.

Trading Platform

Invest Markets provides the WebTrader platform, which can be accessed directly via a browser without downloading, supporting devices such as computers and mobile phones.

Deposit and Withdrawal

Deposit

The minimum initial deposit is $250. Deposit methods include credit cards, electronic payments (such as Skrill and Neteller), and bank wire transfers. Deposits via credit cards or e-wallets are processed instantly, while bank wire transfers take 1-3 business days.

Withdrawal

The withdrawal process is: log in → Banking → Withdrawal → fill in the amount and information, then submit. There is no minimum withdrawal limit for credit cards or e-wallets. For bank wire transfers, the minimum amount required is ≥₣100/$120/€100 (currency-specific limits apply). Withdrawal requests are processed within 24 business hours, and funds may take 1-5 business days to arrive at the destination.