Octa fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
Regulation: CySEC (372/18); Mauritius FSC (GB21027161); FSCA South Africa (FSP 51913); MISA Comoros (T2023320). How Octa is regulated
Facts last checked . Read the full Octa review.
What it costs to trade
- Spread from
- 0.6 pips
- EUR/USD spread
- Approx. 0.9 pips
- GBP/USD spread
- Approx. 1.1 pips
- Commission
- $0
- All-in cost, EUR/USD
- Approx. 0.9 pips
- Spread type
- Variable
- Overnight swap
- Swap-free trading; administration fees may apply to qualifying positions/instruments
- Withdrawal fee
- None internally
- Currency conversion
- Conversion at applicable exchange rate
What this means
Cost is the last thing to weigh here, and never the thing that should decide it.
Spreads from 0.6 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Octa lists a minimum deposit of $25. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about Octa fees
Does Octa charge to deposit or withdraw?
Withdrawal fees: None internally.
What does Octa charge to hold a position overnight?
Overnight financing at Octa is recorded as swap-free trading; administration fees may apply to qualifying positions/instruments.
What is the EUR/USD spread at Octa?
Octa records an average EUR/USD spread of approx. 0.9 pips on a variable pricing model.
Fees at brokers under the same regulator
- XM fees also licensed by CySEC
- Exness fees also licensed by CySEC
- HF Markets fees also licensed by CySEC
- FP Markets fees also licensed by CySEC
- ATFX fees also licensed by CySEC