Two forex brokers compete on regulation, platform choices, and pricing. AMarkets and OctaFX both offer MT4/MT5, but differ in regulator breadth and platform ecosystems.
OctaFX edges AMarkets on regulatory breadth and platform options, while AMarkets offers raw spreads and higher leverage.
Find out which broker best suits your trader profile.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
AMarkets offers tighter spreads from 0.00 pips vs 0.60 pips for OctaFX, reducing trading costs.
| Editorial score | 3.8/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 3.8 / 5▲ |
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AMarkets | OctaFX |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
The scores are close: AMarkets rates 3.8/5 and OctaFX rates 4/5. OctaFX has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
AMarkets starts from 0 pips, tighter than OctaFX's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
OctaFX has $25, while AMarkets requires at least $100. This makes OctaFX more accessible for traders with limited starting capital.
AMarkets is regulated by SVGFSA. OctaFX is regulated by FSCA, CySEC. Confirm a broker's current regulatory status on the relevant regulator's public register before opening an account.
OctaFX stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, while OctaFX lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot on commission-based accounts. Commission details for OctaFX are not currently available. Check their website for up-to-date pricing.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while OctaFX supports OctaTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. AMarkets has exclusive access to cTrader. OctaFX has exclusive access to OctaTrader.
OctaFX wins for regulation breadth with CySEC, SVGFSA, and FSCA.
AMarkets appeals to active traders with raw spreads and leverage up to 3000:1.
AMarkets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
AMarkets wins with MT4, MT5, and cTrader providing broad platform choice.
OctaFX wins for beginners with OctaTrader copy trading and supportive pricing.
AMarkets offers 250 instruments, more than OctaFX's 100.
Fees & Spreads 30% weight | 4.0 / 5 | 4.1 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.1 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2007 | 2011 |
|---|
| Headquarters | Kingstown, Saint Vincent and the Grenadines | Kingstown, Saint Vincent and the Grenadines |
|---|
| Min Deposit | $100 | $25▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 3,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit cardSkrillNetellerUPIFasaPay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardSkrillNetellerUPIFasaPay |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | SVGFSA | FSCA CySEC SVGFSA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | OctaTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
OctaTrader copy trading platform, transparent stats, one-click follow
Localised payment methods for India, Pakistan, Indonesia
Swap-free Islamic accounts available
$25 minimum deposit, no inactivity fee
Client funds held in segregated accounts
Negative balance protection
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Cons
SVG FSA registration only, no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
Most international clients are under SVG offshore entity, not CySEC
Limited product range, no stocks or bonds
Copy trading focus means limited support for advanced discretionary traders
No top-tier regulatory licence
No investor compensation scheme
No raw spread account option
Limited charting capabilities
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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