OctaFX Account Types
The 3 OctaFX account types compared — spreads, commission and who each suits.
Open OctaFX Account →OctaFX organises its accounts by platform — MT4, MT5 and OctaTrader — all with a $25 minimum deposit, spreads from 0.6 pips and $0 commission. Every account can use a free demo and can be made swap-free (Islamic) on request.
OctaFX accounts compared
- OctaFX accounts are organised by platform: MT4, MT5 and OctaTrader, all with a $25 minimum deposit.
- All standard accounts are commission-free with spreads from 0.6 pips.
- Base currencies include USD and EUR; South African clients typically fund in USD.
- A free unlimited demo is available on every platform to practise before going live.
- Swap-free (Islamic) status can be applied to accounts on request.
OctaFX account types
| Account | Platform | Spread from | Commission | Best for |
|---|---|---|---|---|
| MT4 Account | MetaTrader 4 | 0.6 pips | $0 | Forex and Expert Advisors |
| MT5 Account | MetaTrader 5 | 0.6 pips | $0 | Multi-asset trading |
| OctaTrader Account | OctaTrader | 0.6 pips | $0 | Beginners and mobile trading |
Frequently asked questions
How many account types does OctaFX have?
Three, organised by platform: MT4, MT5 and OctaTrader, all commission-free.
What is the minimum deposit for each account?
$25 across all account types for clients outside the EU.
Which OctaFX account is best for beginners?
The OctaTrader account offers a simpler, mobile-first interface that suits new traders.