IronFX vs OctaFX: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

IronFX
IronFX
VS
OctaFX
OctaFX

Quick Summary

Best for Beginners

OctaFX

$25.00

Tightest Spreads

OctaFX

From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. pips

Highest Leverage

IronFX

1:Up to 1:2000

Best Rated

OctaFX

4.70
/5

Mobile Trading

Both

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General Information

IronFX

Regulation

FCA (UK), CySEC (Cyprus), FSCA (South Africa)

Founded

N/A

Headquarters

Cyprus

Overall Rating

4.00/5

OctaFX

Regulation

CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)

Founded

N/A

Headquarters

Vincent

Overall Rating

4.70/5

Trading Conditions

Feature IronFX OctaFX
Minimum Deposit $50.00 $25.00
Average Spreads Starting from 0.0 pips (raw ECN accounts); average 1.2 pips on standard accounts for EUR/USD; fixed options from 1.2 pips. From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors.
Maximum Leverage Up to 1:2000 Up to 1:1000
Commission None None

Account Types

IronFX

beginner-friendly ecn-raw standard islamic ecn copy-trading vip raw managed zero-commission low-spread high-leverage crypto stock-cfd scalping-ea fast-execution

OctaFX

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account Micro Accounts

Platforms & Tools

IronFX

MetaTrader 4, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

OctaFX

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

IronFX

Deposit Methods

Credit/debit cards, bank wire, e-wallets (Skrill, Neteller, FasaPay, WebMoney, Paysafe), local transfers, digital assets (crypto).

Withdrawal Methods

Same as deposits; processed in 1-7 business days (instant for e-wallets).

Withdrawal Fee

None

OctaFX

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Bank Wire Transfer, Cryptocurrencies (Bitcoin, USDT, 10+ options).

Withdrawal Methods

Same as deposits: Processed same-day for e-wallets/crypto; 1-3 days for wires. Broker covers all fees (third-party may apply).

Withdrawal Fee

None

Support

IronFX

Support Languages

English, French, Spanish, Chinese, Korean, Farsi, Japanese, and more.

Support Channels

24/5 via live chat, email, and phone (for active clients); multilingual and responsive.

Account Manager

Available

OctaFX

Support Languages

English, Arabic, Chinese, Spanish, Indonesian, Malay, Thai, Vietnamese – 10+ for Asian/global users.

Support Channels

24/7 via Live Chat, Email (support@octafx.com), WhatsApp/Phone; Response <1 min.

Account Manager

Available

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