Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
PrimeXBT
$10.00Tightest Spreads
OctaFX
From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. pipsHighest Leverage
OctaFX
1:Up to 1:1000Best Rated
OctaFX
Mobile Trading
Both
✓✓General Information
OctaFX
Regulation
CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Founded
N/A
Headquarters
Vincent
Overall Rating
PrimeXBT
Regulation
FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)
Founded
N/A
Headquarters
Seychelles / Saint Lucia / South Africa
Overall Rating
Trading Conditions
| Feature | OctaFX | PrimeXBT |
|---|---|---|
| Minimum Deposit | $25.00 | $10.00 |
| Average Spreads | From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors. | from 0.1 pips |
| Maximum Leverage | Up to 1:1000 | 1000:1 |
| Commission | None | None |
Account Types
OctaFX
PrimeXBT
Platforms & Tools
OctaFX
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
PrimeXBT
MetaTrader 5, WebTrader, TradingView
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
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
PrimeXBT
Deposit Methods
🪙 Cryptocurrencies (BTC, ETH, USDT, USDC, and more) | 💵 Fiat via third-party providers (e.g., Perfect Money, Volet, bank cards) | 🔄 Instant crypto-to-crypto & fiat-to-crypto exchanges within the platform (e.g., via MetaMask, Coinify, AdvCash, etc.)
Withdrawal Methods
🪙 Cryptocurrency withdrawals only (BTC, ETH, USDT, USDC, COV, etc.) | 🔒 Withdrawals processed once daily at 12:00 UTC (can cancel before cutoff) | 💼 Withdraw to external wallets (no fiat withdrawal support)
Withdrawal Fee
None
Support
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
PrimeXBT
Support Languages
Supports multiple languages, including English, Spanish, Chinese, Russian, and 20+ others for global accessibility.
Support Channels
24/7 support via live chat, email, and phone, with a reputation for responsiveness and professionalism.
Account Manager
Available
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