FBSvs
OctaFXForex Broker Comparison
FBS and OctaFX square off on regulation, costs, and platform choices. The comparison weighs which broker better aligns with your priorities.
Our Verdict
OctaFX winsby 0.1 pts
FBS and OctaFX are closely matched; the clearest differentiator is OctaFX's proprietary OctaTrader platform.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FBS offers 550 instruments, while OctaFX provides about 100.
- 2OctaFX has a proprietary platform OctaTrader.
- 3FBS offers raw spreads; OctaFX does not.
Who should choose FBS vs OctaFX?
Find out which broker best suits your trader profile.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FBS offers tighter spreads from 0.00 pips vs 0.60 pips for OctaFX, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
FBS vs OctaFX: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.5 / 5 | 3.8 / 5▲ |
FBS vs OctaFX Forex Broker Pros & Cons
Pros
Very low $1 minimum deposit on Cent accounts
MT4 and MT5 on all account types
Multiple account types including Cent, Zero Spread, and ECN
Widely available across Southeast Asia, MENA, and Africa
Client funds held in segregated accounts
FBS vs OctaFX: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
FBS
criteria wins
1
OctaFX
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FBS | OctaFX |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | 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 |
FBS vs OctaFX: Frequently Asked Questions
The scores are close: FBS rates 3.9/5 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.
FBS 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.
FBS has $1, while OctaFX requires at least $25. This makes FBS more accessible for traders with limited starting capital.
FBS is regulated by FSCA, CySEC. OctaFX is regulated by FSCA, CySEC. Confirm a broker's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, two factors stand out: FBS requires a lower minimum deposit ($1), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FBS 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.
FBS charges $20 per lot on commission-based accounts. Commission details for OctaFX are not currently available. Check their website for up-to-date pricing.
FBS supports MetaTrader 5, MetaTrader 4, while OctaFX supports OctaTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. OctaFX has exclusive access to OctaTrader.
