Head-to-Head Comparison
IC Markets vs Octa
Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.
IC Markets
FSA
Est. 2007
VS
Score
3:1
Octa
CySEC
Est. 2011
Quick Summary
IC Markets (established 2007) and Octa (established 2011) are both regulated forex and CFD brokers. IC Markets offers tighter spreads starting from 0 pips, compared to Octa's 0.6 pips. Both brokers offer similar maximum leverage of 500:1. Octa has a lower minimum deposit requirement of $25.
Trading Conditions
Feature
IC Markets
Octa
Min. Spread
0 pips
0.6 pips
Min. Deposit
$200
$25
Max Leverage
500:1
500:1
Execution
ECN/Direct Market Access
STP
Instruments
2250+
300+
Founded
2007
2011
Headquarters
Australia
Cyprus
Regulation & Licensing
IC Markets
FSA(SD018)
Seychelles
SCB(SIA-F201)
Bahamas
ASIC(335692)
Australia
Octa
CySEC(372/18)
Cyprus
IBC(2023-00092)
Saint Lucia
MISA(HY00623410)
Comoros
Platforms & Features
Feature
IC Markets
Octa
Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView
OctaTrader, MetaTrader 4, MetaTrader 5
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account
Server Infrastructure
Metric
IC Markets
Octa
Total Servers
5
2
Total Endpoints
40
4
Countries
8
2
Hosting Providers
Amazon/AWS, Liquidity Connect LLC, Vultr
Google Cloud
Account Types
IC Markets
Raw Spread (MT4/MT5)
Spread: 0 pipsMin: $200Lev: 500:1Comm: $3.5/lot side
Raw Spread (cTrader)
Spread: 0 pipsMin: $200Lev: 500:1Comm: $3/100k USD
Standard
Spread: 0.6 pipsMin: $200Lev: 500:1
Octa
OctaTrader
Spread: 0.6 pipsMin: $25Lev: 500:1
MetaTrader 5
Spread: 0.6 pipsMin: $25Lev: 500:1
Verdict: IC Markets vs Octa
Based on our verified data analysis, IC Markets has a slight edge in this comparison with a score of 3 vs 1.
Choose IC Markets if you prioritize the tightest possible spreads. Choose Octa for a lower entry barrier.
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.