Compare Admiral Markets vs OctaFx
What is Admiral Markets? What is OctaFx?
Admiral Markets is a Tallinn, Estonia-based trading platform that was established in 2001 and is regulated by the UK, Estonia, Cyprus and Australia. It offers more than 8,000 trading instruments, including forex, CFDs on indices, commodities, cryptocurrencies, shares, ETFs and bonds. It also allows users to invest in thousands of shares and ETFs. It provides MetaTrader as its trading platform for both Windows and Mac users.
OctaFX is a Saint Lucia-based trading platform that was established in 2011 and is regulated by CySEC (Cyprus) since 2018 and FSCA (South Africa) via Orinoco Capital Pty. It also holds a license from FSA (St. Vincent and Grenadines) for clients outside the EU and South Africa. It offers more than 230 trading instruments, including forex, CFDs on indices, commodities, cryptocurrencies and stocks. It also provides copytrading services for users to follow other traders’ strategies. It supports MetaTrader as well as its own OctaFX Trading App for mobile devices.
Admiral Markets vs OctaFx Regulation Comparison
| Broker | Regulator | License Number |
|---|---|---|
| Admiral Markets | UK Financial Conduct Authority (FCA) | 595450 |
| Estonian Financial Supervision Authority (EFSA) | 4.1-1/46 | |
| Cyprus Securities and Exchange Commission (CySEC) | 201/13 | |
| Australian Securities and Investments Commission (ASIC) | 410681 | |
| OctaFX | Cyprus Securities and Exchange Commission (CySEC) | 372/18 |
| Financial Sector Conduct Authority (FSCA) of South Africa via Orinoco Capital Pty Ltd | FSP No. 49460 | |
| Financial Services Authority (FSA) of St. Vincent and the Grenadines | Business reg. no. 2023-00092 |
Admiral Markets vs OctaFx Trading Assets Comparison
| Broker | Forex Pairs | Indices CFDs | Stocks CFDs/Shares | Commodities CFDs | Bonds CFDs | ETFs CFDs/ETFs | Cryptocurrencies CFDs |
|---|---|---|---|---|---|---|---|
| Admiral Markets | 80+ | 43+ (including cash CFDs and Index Futures) | 3000+ Share CFDs + thousands of shares to invest in commission-free | Metals, energies and agriculture commodities | US Treasuries and Germany Bund CFDs | 370+ ETF CFDs + hundreds of ETFs to invest in commission-free | Bitcoin, Dash, Ether, Litecoin, Monero and more |
| OctaFX | 28+ (including majors, minors and exotics) | 10+ (including US30, NAS100, SPX500, GER30 and more) | 100+ Share CFDs from US stock market (including AAPL, AMZN, FB, GOOG and more) commission-free | Metals (including gold, silver, platinum and palladium), energies (including crude oil and natural gas) and agriculture commodities (including coffee, sugar and cocoa) commission-free | N/A | N/A | Bitcoin, Ethereum and Litecoin commission-free |
Admiral Markets vs OctaFx Trading Fees Comparison
| Broker | Spreads | Commissions | Swaps |
|---|---|---|---|
| Admiral Markets** | From 0.6 pips on EURUSD on Trade.MT4 account; from 0 pips on EURUSD on Zero.MT4 account; from 0 pips on EURUSD on Trade.MT5 account; from 0 pips on EURUSD on Zero.MT5 account; from 0 pips on EURUSD on Invest.MT5 account; from 0 pips on EURUSD on Prime account; from 0 pips on EURUSD on Professional account; from 0 pips on EURUSD on Islamic account; from 0 pips on EURUSD on Retail account; from 0 pips on EURUSD on Institutional account. | From $0 per lot round turn on Trade.MT4 account; from $6 per lot round turn on Zero.MT4 account; from $0 per lot round turn on Trade.MT5 account; from $6 per lot round turn on Zero.MT5 account; from $0 per lot round turn on Invest.MT5 account; from $3 per lot round turn on Prime account; from $3 per lot round turn on Professional account; from $0 per lot round turn on Islamic account; from $0 per lot round turn on Retail account; from $0 per lot round turn on Institutional account. | From -0.1 pips to 1.2 pips on EURUSD on Trade.MT4 account; from -0.1 pips to 1.2 pips on EURUSD on Zero.MT4 account; from -0.1 pips to 1.2 pips on EURUSD on Trade.MT5 account; from -0.1 pips to 1.2 pips on EURUSD on Zero.MT5 account; from -0.1 pips to 1.2 pips on EURUSD on Invest.MT5 account; from -0.1 pips to 1.2 pips on EURUSD on Prime account; from -0.1 pips to 1.2 pips on EURUSD on Professional account; from -0.1 pips to 1.2 pips on EURUSD on Islamic account; from -0.1 pips to 1.2 pips on EURUSD on Retail account; from -0.1 pips to 1.2 pips on EURUSD on Institutional account. |
| OctaFX | From 0.4 pips on EURUSD on MT4 Micro account; from 0.2 pips on EURUSD on MT5 Pro account; from 0 pips on EURUSD on cTrader ECN account | From $0 per lot round turn on MT4 Micro account; from $0 per lot round turn on MT5 Pro account; from $3 per lot round turn (100,000 units) or $25 per million USD traded (one side) or $50 per million USD traded (round turn) for cTrader ECN account | From -0.7 pips to 3.8 pips (long) and from -3.8 pips to 0.7 pips (short) for MT4 Micro and MT5 Pro accounts depending on the currency pair and the time of the day; no swaps for cTrader ECN account |
Admiral Markets vs OctaFx Account Types Comparison
| Broker | Account Types | Minimum Deposit | Maximum Leverage | Base Currencies |
|---|---|---|---|---|
| Admiral Markets | Trade.MT4, Zero.MT4, Trade.MT5, Zero.MT5, Invest.MT5, Prime, Professional, Islamic, Retail, Institutional | €100 for Trade.MT4, Trade.MT5 and Invest.MT5 accounts; €1000 for Zero.MT4 and Zero.MT5 accounts; €3000 for Prime and Professional accounts; €500 for Islamic accounts; €200 for Retail accounts; €50000 for Institutional accounts | Up to 1:500 for Trade.MT4, Zero.MT4, Trade.MT5 and Zero.MT5 accounts depending on the instrument and the client category (retail or professional); up to 1:200 for Invest.MT5 accounts depending on the instrument and the client category (retail or professional); up to 1:200 for Prime and Professional accounts depending on the instrument and the client category (retail or professional); up to 1:500 for Islamic accounts depending on the instrument and the client category (retail or professional); up to 1:30 for Retail accounts depending on the instrument and the client category (retail or professional); up to 1:500 for Institutional accounts depending on the instrument and the client category (retail or professional) | EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON |
| OctaFX | MT4 Micro, MT5 Pro, cTrader ECN | $100 for MT4 Micro and MT5 Pro accounts; $500 for cTrader ECN accounts | Up to 1:500 for MT4 Micro and MT5 Pro accounts depending on the instrument and the margin level; up to 1:200 for cTrader ECN accounts depending on the instrument and the margin level | USD, EUR |
Admiral Markets vs OctaFx Deposit Options Comparison
Admiral Markets and OctaFX are both online brokers that offer forex and CFD trading, but they have some differences in their deposit and withdrawal options.
Admiral Markets offers more payment methods than OctaFX, including bank wire, credit/debit cards, e-wallets (such as Skrill, Neteller, PayPal), and local payment solutions (such as Klarna, Przelewy24, iDEAL). OctaFX only supports bank wire, credit/debit cards, and e-wallets (such as Skrill, Neteller, Bitcoin).
Admiral Markets has a minimum deposit of $100 for most of its account types, while OctaFX has a minimum deposit of $50 for all of its account types. Both brokers do not charge any fees for deposits or withdrawals, but they may have different processing times depending on the payment method.
Admiral Markets has a higher overall rating than OctaFX based on various criteria, such as commissions and fees, platform and tools, research and education, and trust score. However, OctaFX may have some advantages over Admiral Markets in terms of customer service, trading contests, and Islamic accounts.
Admiral Markets vs OctaFx Trading Platforms Comparison
| Broker | Trading Platforms | Web Trading | Desktop Trading | Mobile Trading |
|---|---|---|---|---|
| Admiral Markets | MetaTrader 4, MetaTrader 5, MetaTrader WebTrader, MetaTrader Supreme Edition (plugin for MT4 and MT5) | Yes, via MetaTrader WebTrader | Yes, via MetaTrader 4 and MetaTrader 5 for Windows and Mac | Yes, via MetaTrader 4 and MetaTrader 5 for iOS and Android |
| OctaFX | MetaTrader 4, MetaTrader 5, cTrader, OctaFX Trading App | Yes, via MetaTrader WebTrader and cTrader Web | Yes, via MetaTrader 4 and MetaTrader 5 for Windows and Mac; cTrader for Windows | Yes, via MetaTrader 4 and MetaTrader 5 for iOS and Android; cTrader for iOS and Android; OctaFX Trading App for iOS and Android |
Both brokers offer a range of trading platforms to suit different trading styles and preferences. Admiral Markets has a slight edge over OctaFX in terms of platform diversity, as it offers the MetaTrader Supreme Edition plugin that enhances the functionality of MT4 and MT5 with additional features such as advanced order types, trading signals, market sentiment analysis, correlation matrix, trading simulator and more. OctaFX, on the other hand, offers its own proprietary OctaFX Trading App that allows users to access market news, analysis, trading signals, copytrading and more from their mobile devices. Both brokers also support social trading or copytrading services that enable users to follow other traders’ strategies and copy their trades automatically. Admiral Markets offers this feature through the MQL5 community signals service integrated with MT4 and MT5 platforms. OctaFX offers this feature through its own copytrading platform that can be accessed from the web or the OctaFX Trading App.
Admiral Markets vs OctaFx Analytical Tools Comparison
| Broker | Analytical Tools | Charting Tools | Trading Signals | Market Sentiment | Economic Calendar | News and Analysis |
|---|---|---|---|---|---|---|
| Admiral Markets | MetaTrader Supreme Edition plugin that offers advanced order types, trading simulator, correlation matrix, market sentiment analysis and more | MetaTrader 4 and MetaTrader 5 platforms that offer 30+ technical indicators, 24+ analytical objects, multiple timeframes and chart types | MQL5 community signals service integrated with MT4 and MT5 platforms that allows users to subscribe to free or paid signals from other traders | MetaTrader Supreme Edition plugin that offers market sentiment analysis based on the positions of other traders | MetaTrader 4 and MetaTrader 5 platforms that offer an economic calendar widget that displays the upcoming events and their expected impact on the markets | Admiral Markets website that offers daily market analysis, weekly webinars, podcasts, articles, videos and tutorials on various trading topics |
| OctaFX | OctaFX Trading App that offers market news, analysis, trading signals, copytrading and more from mobile devices | MetaTrader 4, MetaTrader 5 and cTrader platforms that offer various technical indicators, analytical objects, timeframes and chart types | OctaFX Trading App that offers trading signals based on technical analysis and market trends | OctaFX website that offers a market sentiment widget that shows the percentage of buyers and sellers for each instrument | OctaFX website that offers an economic calendar that displays the upcoming events and their actual, forecasted and previous impact on the markets | OctaFX website that offers daily market insights, weekly market reviews, educational articles, videos and tutorials on various trading topics |
Both brokers offer a variety of analytical tools to help traders with their strategies. Admiral Markets has a slight edge over OctaFX in terms of analytical tools diversity, as it offers the MetaTrader Supreme Edition plugin that enhances the functionality of MT4 and MT5 with additional features such as advanced order types, trading simulator, correlation matrix, market sentiment analysis and more. OctaFX, on the other hand, offers its own proprietary OctaFX Trading App that allows users to access market news, analysis, trading signals, copytrading and more from their mobile devices. Both brokers also offer charting tools, trading signals, market sentiment widgets, economic calendars, news and analysis on their platforms and websites.
Admiral Markets vs OctaFx. Which forex broker is better? Which forex broker should you choose?
Different brokers can suit different traders depending on their trading style, preferences, goals and needs. However, Here are some pros and cons of Admiral Markets and OctaFX:
Admiral Market
Advantage:
- Highly trusted and regulated by many tier 1 authorities such as FCA, ASIC, CySEC and EFSA
- Offers over 8,000 trading instruments, including forex, CFDs on indices, commodities, cryptocurrencies, stocks, ETFs and bonds
- Allows users to invest in thousands of stocks and ETFs for free
- Offers MetaTrader 4 and MetaTrader 5 platforms for web, desktop and mobile trading
- Provides MetaTrader Supreme Edition plugin that enhances the functionality of MT4 and MT5 with additional features such as advanced order types, trading signals, market sentiment analysis, and more.
- Provide social trading or copy trading services through MQL5 community signals service integrated with MT4 and MT5 platforms
- Provide economic calendar widget on MT4 and MT5 platforms
- Offers daily market analysis, weekly webinars, podcasts, articles, videos and tutorials on various trading topics on its website
Defect:
- Fees for Skrill and Neteller deposits
- Does not provide its own proprietary trading platform or application
- Does not offer bond CFDs or ETF CFDs on the MT4 platform
- Does not offer binary options or spread betting
OctaFX
Advantage:
- Regulated by CySEC (Cyprus) and FSCA (South Africa) through Orinoco Capital Pty
- Offers over 230 trading instruments, including forex, CFDs on indices, commodities, cryptocurrencies and stocks
- Offers commission free trading on most instruments
- Offers MetaTrader 4, MetaTrader 5 and cTrader platforms for web, desktop and mobile trading
- Offers its own proprietary OctaFX Trading App, allowing users to access market news, analysis, trading signals, copy trading and more from their mobile devices
- Offering social trading or copy trading services through its own copy trading platform that can be accessed from the web or the OctaFX Trading App
- Offers market sentiment widget on its website
- Provides daily market insights, weekly market reviews, educational articles, videos and tutorials on various trading topics on its website
Defect:
- Considered medium risk and only managed by two tier 2 agencies
- Offers fewer trading tools than Admiral Markets
- Does not allow users to invest directly in stocks or ETFs
- Does not provide MetaTrader Supreme Edition plugin or any other advanced analysis tools
- Does not provide economic calendar widget on its platform.
Finally, Through those advantages and disadvantages you can choose the most suitable broker.
