MyBestBrokers

Exness vs Octa (formerly OctaFX)

A side-by-side comparison built from each broker's own published record — licenses checked against official registers, terms quoted from their own pages, with the source linked on every claim.

RegulationNot publishedCySEC · MISA · FSCA
License no.Not published
CySEC 372/18
MISA T2023320
FSCA 51913
FoundedNot published2011
Minimum depositNot published$25
EUR/USD spread fromNot publishedfrom 0.6 pips, floating (OctaTrader and MT5 accounts, published as "spreads from 0.6 pips on popular pairs" — no EURUSD-specific figure published)
Leverage
Gulf Payments
PlatformsNot publishedOctaTrader, MetaTrader 4, MetaTrader 5
Broker-published claimNot publishedWithdrawals usually take no longer than 3 hours. Per method: 1-3 hours to approve the withdrawal, then up to 5 minutes (cards), up to 30 minutes (crypto), or up to 1 hour (local banks) to transfer the funds. No fees or commission on our side whatsoever. [Source]
Withdrawal methodsNot publishedVisa/Mastercard cards, bank transfer / local banks (e.g. THB, IDR, MYR, NGN rails), Skrill, Neteller, Bitcoin, Ethereum, Litecoin, Dogecoin, Tether USDT (ERC20), Tether USDT (TRC20)
Crypto deposits/withdrawalsNot publishedYes
Islamic AccountsNot publishedYes
Measured by usNot in our test program yetTesting in progress
Accepts clients fromNot publishedIndonesia, Malaysia, Turkey, India, Thailand, Germany, Italy
Open accountOpen account

We do not name a winner here. The two records sit side by side because the right answer depends on where you live, what you trade, and which entity would onboard you — all of which the table shows.

By Country

Is Exness or Octa (formerly OctaFX) better?

Neither is better in the abstract. Compare the rows that apply to you: whether each broker accepts clients from your country, which entity and regulator you would be onboarded under, the minimum deposit, and how withdrawals work on the rail you would actually use.

Which is safer, Exness or Octa (formerly OctaFX)?

Safety follows the entity that holds your money, not the brand. Both records list every regulator and license number each broker publishes — check which entity serves your country, then verify that license on the regulator's own register.

Exness vs Octa (formerly OctaFX): Verified Side-by-Side Comparison