Octa (formerly OctaFX) vs Pepperstone
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 | CySEC · MISA · FSCA | ASIC · FCA · CySEC · DFSA · SCB |
| License no. | CySEC 372/18 MISA T2023320 FSCA 51913 | ASIC AFSL 414530 (ACN 147 055 703) FCA 684312 (Company No. 08965105) CySEC 388/20 (Company No. HE 398429) DFSA F004356 SCB SIA-F217 (Company No. 177174 B) |
| Founded | 2011 | 2010 |
| Minimum deposit | $25 | $10 |
| EUR/USD spread from | from 0.6 pips, floating (OctaTrader and MT5 accounts, published as "spreads from 0.6 pips on popular pairs" — no EURUSD-specific figure published) | 0.0 pips (Razor account, raw spread + commission from $3.50 per lot per side) |
| Leverage | ASIC (Australia): Retail 30:1 · Pro 500:1 | |
| Gulf Payments | UAE local bank · AED account | |
| Platforms | OctaTrader, MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone platform (web + mobile app) |
| Broker-published claim | 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] | Cards, Apple Pay and Google Pay withdrawals: "Same Day - Up to 1 working day"; bank transfers: "Same Day - Up to 3 working days". Pepperstone notes final settlement depends on third-party institutions and can vary. [Source] |
| Withdrawal methods | 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) | Visa, Mastercard, Bank transfer, PayPal, Skrill, Neteller, UnionPay, Apple Pay, Google Pay, USDT |
| Crypto deposits/withdrawals | Yes | Yes |
| Islamic Accounts | Yes | Yes |
| Measured by us | Testing in progress | Testing in progress |
| Accepts clients from | Indonesia, Malaysia, Turkey, India, Thailand, Germany, Italy | Australia, Hong Kong, United Kingdom, Singapore, China, Thailand, Mexico, Taiwan, United Arab Emirates, Germany, India, Saudi Arabia, Malaysia, Turkey, Mongolia, Kenya, Colombia, Italy, Vietnam, Chile, Peru, Indonesia, Qatar, Kuwait, Oman, Bahrain |
| 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
- Octa (formerly OctaFX) + Pepperstone: Indonesia, Malaysia, Turkey, India, Thailand, Germany, Italy
- Pepperstone Yes / Octa (formerly OctaFX) No: Australia, Hong Kong, United Kingdom, Singapore, China, Mexico, Taiwan, United Arab Emirates, Saudi Arabia, Mongolia, Kenya, Colombia, Vietnam, Chile, Peru, Qatar, Kuwait, Oman, Bahrain
Is Octa (formerly OctaFX) or Pepperstone 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, Octa (formerly OctaFX) or Pepperstone?
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.