Head-to-Head Comparison
Octa vs Saxo Bank
Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.
Octa
CySEC
Est. 2011
VS
Score
3:1
Saxo Bank
FSA
Est. 1992
Quick Summary
Octa (established 2011) and Saxo Bank (established 1992) are both regulated forex and CFD brokers. Saxo Bank offers tighter spreads starting from 0.4 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
Octa
Saxo Bank
Min. Spread
0.6 pips
0.4 pips
Min. Deposit
$25
$2000
Max Leverage
500:1
30:1
Execution
STP
Market Maker
Instruments
300+
71000+
Founded
2011
1992
Headquarters
Cyprus
Denmark
Regulation & Licensing
Octa
CySEC(372/18)
Cyprus
IBC(2023-00092)
Saint Lucia
MISA(HY00623410)
Comoros
Saxo Bank
FSA(1149)
Denmark
FCA(440751)
United Kingdom
ASIC(321946)
Australia
Platforms & Features
Feature
Octa
Saxo Bank
Platforms
OctaTrader, MetaTrader 4, MetaTrader 5
SaxoTraderGO, SaxoTraderPRO
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account
Server Infrastructure
Metric
Octa
Saxo Bank
Total Servers
2
Total Endpoints
4
Countries
2
Hosting Providers
Google Cloud
Account Types
Octa
OctaTrader
Spread: 0.6 pipsMin: $25Lev: 500:1
MetaTrader 5
Spread: 0.6 pipsMin: $25Lev: 500:1
Saxo Bank
Classic
Spread: 0.6 pipsMin: $2000Lev: 30:1
Platinum
Spread: 0.4 pipsMin: $200000Lev: 30:1
Verdict: Octa vs Saxo Bank
Based on our verified data analysis, Octa has a slight edge in this comparison with a score of 3 vs 1.
Choose Saxo Bank 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.