Desk file · 2026 edition · record confidence: medium
Octa (formerly OctaFX)
We opened the file on Octa (formerly OctaFX) the way we open every file: register first, marketing never. Trading since 2011, with no head office we were able to confirm from a primary source, and carrying 3 licence entries on the public record, 0 of them tier-1. Opened under the CySEC entity.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | 8.0 |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | 5.0 |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $60.00 |
Spread basis. sampled EUR/USD average on the tightest retail account. Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| CySEC | 372/18 | Cyprus | T2 | Octa Markets Cyprus Ltd | cysec.gov.cy |
| FSCA | FSP 51913 | South Africa | T2 | Octa Markets (Pty) Ltd | wikifx.com |
| FSA Saint Vincent and the Grenadines (company registration) | 19776 IBC 2011 | Saint Vincent and the Grenadines | T3 | Octa Markets Incorporated | forexbrokers.com.co |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- The brand was renamed from OctaFX to Octa in 2023.
- Clients outside the EEA and South Africa are onboarded through Octa Markets Incorporated, registered in Saint Vincent and the Grenadines.
- Octa's account comparison page lists a $25 minimum deposit across OctaTrader, MT4 and MT5 accounts.
- Octa states it does not accept clients from the EU, UK, USA, Canada, India, Iran, Myanmar, North Korea, Pakistan or the Philippines.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- headquarters city
- exact legal name of the FSCA-licensed entity
- maximum leverage per entity
- founding year 2011 relies on secondary sources plus Octa's own '15+ years in the market' claim
- headquarters
| Founded | 2011 |
| Head office | not verified |
| Minimum deposit | $25 |
| Leverage cap | up to 1:1000 (offshore entity); 1:30 retail under CySEC |
| EUR/USD | 0.60 pips |
| Tier-1 entries | 0 |
| Record confidence | medium |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.