CMC Markets
Octa
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
In the "CMC Markets vs Octa" broker comparison, key differences emerge in their regulatory frameworks and market offerings. CMC Markets, founded in 1989 and headquartered in London, boasts a strong regulatory profile with oversight from the FCA, appealing to traders who prioritise security and extensive market access, including over 10,000 instruments. In contrast, Octa, with its primary regulation offshore, attracts cost-conscious traders, particularly those interested in forex and CFD trading, due to its low minimum deposit and zero deposit/withdrawal fees. While CMC Markets excels with its award-winning platform and comprehensive market coverage, Octa provides appealing features like copy trading and Islamic accounts for a diverse trading experience.
CMC Markets
Octa
| CMC Markets | Octa | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.5/5 |
| Min. Deposit | $0 ✓ | $25 |
| Spread from | 0.7 pips | 0.6 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC, MAS ✓ | CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, Proprietary Mobile |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Octa offers lower spreads (0.6 pips).
See full side-by-side comparison belowCMC Markets
WinnerOcta
CMC Markets
Octa
Lower fees
CMC Markets
4.0/5
Choose CMC Markets if you want…
Octa
3.5/5
Choose Octa if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs Octa's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
CMC Markets offers spreads from 0.7 pips, while Octa starts at 0.6 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. Octa requires $25.
CMC Markets is regulated by FCA, ASIC, MAS, while Octa holds licences from CySEC, FSCA.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Octa supports MT4, MT5, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.