OctaFX and Spreadex face off in a regulated trading landscape with different platform ecosystems. The tension centers on platform access, regulation, and instrument breadth.
Find out which broker best suits your trader profile.
Choose if…
Choose OctaFX if you value MT4/MT5 access and the built-in OctaTrader copy platform.
Choose if…
Choose Spreadex if you want FCA regulation, investor compensation, and TradingView-powered charting.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.8 / 5 | 4.5 / 5▲ |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | OctaFX | Spreadex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Fail |
OctaFX and Spreadex share the same editorial score of 4/5. One concrete differentiator: Spreadex requires a lower minimum deposit.
Both OctaFX and Spreadex start from 0.6 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Spreadex has no minimum deposit, while OctaFX requires at least $25. This makes Spreadex more accessible for traders with limited starting capital.
Spreadex holds top-tier regulation (FCA), providing stronger investor protections. OctaFX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Spreadex has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
OctaFX lists maximum leverage of 500:1, while Spreadex lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
OctaFX supports MetaTrader 5, OctaTrader, MetaTrader 4, while Spreadex supports Proprietary Web/Mobile, TradingView. OctaFX has exclusive access to MetaTrader 5 and OctaTrader and MetaTrader 4. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView.
Both brokers offer spreads from 0.60 pips.
Spreadex wins safety and regulation thanks to FCA oversight and investor compensation.
OctaFX wins for active traders due to MT4/MT5 access and 500:1 leverage.
Spreadex wins platform choice with TradingView integration and proprietary tools.
OctaFX wins for beginners due to OctaTrader copy trading and low deposit.
Spreadex wins with 10,000+ instruments versus OctaFX's 100.
Fees & Spreads 30% weight | 4.1 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5 | 4.1 / 5 |
|---|
| Founded | 2011 | 1999 |
|---|
| Headquarters | Kingstown, Saint Vincent and the Grenadines | St Albans, Hertfordshire, United Kingdom |
|---|
| Min Deposit | $25 | No minimum▼ lower |
|---|
| Spreads From | 0.6 pips | 0.6 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 500:1▲ higher | 30:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerUPIFasaPay | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerUPIFasaPay | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSCA SVGFSA | FCA |
|---|
| Platforms | MetaTrader 5 OctaTrader MetaTrader 4 | Proprietary Web/Mobile TradingView |
|---|
| Active bonuses |
|---|
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
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
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
Cons
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
Support available in limited languages
OctaFX and Spreadex are closely matched, but Spreadex holds FCA regulation and investor compensation that OctaFX does not.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Score 4 / 5
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