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اردو
octa , MRG MEGA BERJANGKA Broker Comparison
Do you want to know which is the better broker between octa and MRG MEGA BERJANGKA ?
In the table below, you can compare the features of octa , MRG MEGA BERJANGKA 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
6.49
Regulated
Under guarantee
5-10 years
CYSEC
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7.21
Regulated
Under guarantee
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5-10 years
BAPPEBTI,JFX
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octa 、 MRG MEGA BERJANGKA BrokerRelated News
octa 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 mrg 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 | |
| Founded | 2011 |
| Registered Country/Region | Cyprus |
| Regulation | Regulated by CYSEC |
| Market Instruments | Currrency pairs, gold/silver, commodities, indices, cryptos |
| Demo Account | ✅ |
| Min Deposit | 50 EUR |
| Leverage | Up to 1:30 |
| EUR/USD Spread | Floating around 1.1 pips |
| Trading Platform | OctaTrader, Web platform, Android |
| Payment Methods | Swissquote, BluOr Bank, RIETUMU |
| Deposit & Withdrawal Fee | ❌ |
| Customer Support | 9 a.m. – 6 p.m. UTC+3 |
| Email: clientsupport@octaeu.com | |
| Regional Restrictions | Belgium, 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.
Pros and Cons
| Pros | Cons |
| Regulated by CYSEC | Regional restrictions |
| Various tradable instruments | MT4/MT5 unavailable |
| Demo accounts available | Limited payment options |
| Tight EUR/USD spread | No 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 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.
| 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 Class | Max Leverage |
| Currency pairs | 1:30 |
| Gold & Silver | 1:20 |
| Commodities | 1:10 |
| Indices | 1:20 |
| Cryptos | 1:25 |
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.
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.
| Contact Options | Details |
| 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 |
mrg
| MRG Mega Berjangka Limited | |
| Founded | 1998 |
| Registered Country/Region | Indonesia |
| Regulation | BAPPEBTI and JFX |
| Market Instruments | Forex, gold, US Index & Crude Oil |
| Account Types | GOLD, SILVER, PLATINUM |
| Demo Account | Available |
| Leverage | 1 : 100 |
| Spread | From 0.8 pips |
| Deposit & Withdrawal | / |
| Trading Platform | MT4 |
| Minimum Deposit | $300 |
| Customer Support | Phone：021 7278 1710 |
| Live chat | |
| Senayan City, Panin Tower Lt. 22 Jl.Asia Afrika Lot 19, Jakarta Selatan 10270 | |
MRG Mega Berjangka Information
PT. MRG Mega Berjangka, a company engaged in futures trading and more commonly known as MRG Mega Berjangka, was established in 1998. It offers a diverse range of trading instruments including forex, gold, US Index, and Crude Oil.
There are three account types: GOLD, SILVER, and PLATINUM, with a minimum deposit requirement of $300 and a leverage ratio of 1:100. The platform provides the MetaTrader 4 platform across multiple systems.
Is MRG Mega Berjangka Legit?
Yes, it has two licenses in Indonesia.
| Regulatory Authority | Regulatory Status | License Type | Regulated Country | License Number |
| Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) | Regulated | Retail Forex License | Indonesia | 05/BAPPEBTI/SI/XII/2000 |
| Jakarta Futures Exchange | Regulated | Retail Forex License | Indonesia | SPAB - 001/BBJ/09/00 |
Account Types
| GOLD | SILVER | PLATINUM | |
| Spread (Start from) | 2.3 | 0.8 | 2.3 |
| Commission | Forex & Gold: 30 per Lot; Index & Crude Oil: 20 per Lot | $8 per Lot | Forex & Gold: 30 per Lot; Index & Crude Oil: 20 per Lot |
| Min. Lot | 0.1 Lot | 0.1 Lot | 1 Lot |
| Max. Lot | 10 Lots | 3 Lots | 50 Lots |
| Max. Open Lot | Unlimited | 5 Lots | Unlimited |
| Leverage | 1 : 100 | 1 : 200 | 1 : 100 |
| Min. Stop & Limit Order | 2 Points | 2 Points | 2 Points |
| Trading Style | No Arbitrage | No Arbitrage | No Arbitrage |
| Min. Deposit | $500 | $300 | $5,000 |
| Account Trading Rules | Gold Acc: Forex & Gold; Gold Acc: US Index & Crude Oil | Silver Acc: [Not specified in the given data] | Platinum Acc: Forex & Gold; Platinum Acc: US Index & Crude Oil |
MRG Mega Berjangka Fees
The GOLD and PLATINUM accounts share the same fee model, charging 30/lot for forex & gold and 20/lot for indices & crude oil, with spreads starting at 2.3 pips.
In contrast, the SILVER account offers the lowest spread at 0.8 pips but applies a flat commission of $8/lot across all instruments.
Trading Platform
MRG Mega Berjangka offers MetaTrader 4 trading platform. It includes MetaTrader 4 for Windows systems, the MetaTrader version for Apple iOS devices, and the MetaTrader mobile app for Android devices. You can choose to download it according to your own needs.
Deposit & Withdrawal
MRG Mega Berjangka has not specified the specific deposit methods and fees, but has shown the detailed deposit steps:
Deposit steps
- Enter the username and password obtained during registration in the login field and click “Login”.
- After obtaining the MetaTrader login ID and password, select the “Top-Up” menu.
- Enter the amount of funds you wish to deposit.
- Select “Local Bank Transfer” and choose the account listed with an amount that matches the data you entered (MRG Mega Berjangka does not use the auto-debit function for the security of customer funds).
- Ensure that all deposit information is filled in correctly, and then click “Submit”.
Withdrawal steps
- Enter the username and password obtained during registration in the login field and click “Login”.
- Select the “Withdrawal” menu.
- Enter the withdrawal amount (in Indonesian Rupiah). Make sure all withdrawal information is filled in correctly, and then click “Submit”.
Notes
- Withdrawal requests submitted between 00:00 and 12:00 WIB (Western Indonesia Time) will be processed no later than 16:00 on the same day.
- Withdrawal requests submitted between 12:00 and 00:00 WIB will be processed no later than 12:00 on the next day.
Do octafx and mrg 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 mrg are, we first considered common fees for standard accounts. On octafx, the average spread for the EUR/USD currency pair is -- pips, while on mrg the spread is --.
Which broker between octafx, mrg 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. mrg is regulated by BAPPEBTI,JFX.
Which broker between octafx, mrg 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 --; mrg offers the -- platform featuring assets including --.
