FxPro 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.
| Regulation | Financial Conduct Authority · Securities Commission of The Bahamas · Financial Services Authority of Seychelles | CySEC · MISA · FSCA |
| License no. | Financial Conduct Authority 509956 Securities Commission of The Bahamas SIA-F184 Financial Services Authority of Seychelles SD120 | CySEC 372/18 MISA T2023320 FSCA 51913 |
| Founded | 1999 | 2011 |
| Minimum deposit | $0 | $25 |
| EUR/USD spread from | FX floating spreads from 1.2 pips all-inclusive (Standard, MT4/MT5); from 0.0 pips + $3.5/side commission (Raw+) — published as generic FX, not EURUSD-specific (fxpro.com/trading-platforms/comparison) | from 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 | ||
| Platforms | FxPro Trading Platform (WebTrader + Mobile App), MetaTrader 4, MetaTrader 5, cTrader, TradingView | OctaTrader, MetaTrader 4, MetaTrader 5 |
| Broker-published claim | "Withdrawal requests are processed by our Client Accounting Department within 1 working day"; "During normal working hours, withdrawals are usually processed within a few hours." Reflect times: cards ~10 working days, international bank wire 3-5 working days, SEPA/local/e-wallets usually same working day. Zero withdrawal fees from FxPro. [Source] | Withdrawals 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 methods | Visa/Mastercard, Bank wire (international + local/SEPA/GBP), PayPal, Skrill, Crypto: BTC, ETH, USDT (icons on funding page), Perfect Money (unlabeled 'pm' icon), FxPro Wallet (hub; withdrawal must return via the funding method) | Visa/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/withdrawals | Yes | Yes |
| Islamic Accounts | Yes | Yes |
| Measured by us | Testing in progress | Testing in progress |
| Accepts clients from | United Kingdom | Indonesia, Malaysia, Turkey, India, Thailand, Germany, Italy |
| Open account | Open 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
- FxPro Yes / Octa (formerly OctaFX) No: United Kingdom
- Octa (formerly OctaFX) Yes / FxPro No: Indonesia, Malaysia, Turkey, India, Thailand, Germany, Italy
Is FxPro 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, FxPro 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.