Comparison of MTrading and OctaFX
| Feature | MTrading | OctaFX |
|---|---|---|
| Broker | ||
| Year Founded | 2012 | 2011 |
| Broker Type | STP, ECN | ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA | FSC, MISA, CySEC |
| Platforms | MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), OctaTrader |
| Spread | ⬈ High | ⮕ Average |
| Maximum Leverage | 1:1000 | 1:1000 |
| Minimum Deposit | $10 | $25 |
| Base Currencies | USD, EUR | USD, EUR |
| Funding Methods | Bank Wire, Credit/Debit Cards, Skrill, Neteller, AwePay, ZotaPay, IndiaPay, Tether (USDT), Bitcoin (BTC) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT) |
| Inactivity Fee | 50 USD/month after 12 months of inactivity | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | The Financial Commission Compensation Fund | Investor Compensation Fund (ICF) |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Stocks, Indices, Metals, Energies, Cryptocurrencies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies |
| Review | MTrading Review | OctaFX Review |
About MTrading
MTrading is a global CFD broker operating under ServiceComsvg LLC (SVG). It offers MT4 and a WebTrader, two live account types (M.Premium and M.Pro), leverage up to 1:1000, and raw-spread pricing on Pro with a fixed $4/lot commission. Client claims are covered by The Financial Commission’s Compensation Fund up to €20,000, with negative balance protection and segregated accounts in place.
Pros
- Leverage up to 1:1000 with dynamic scaling
- Financial Commission member with €20,000 compensation per claim
- Negative balance protection; segregated client funds
- Low minimum deposit ($10)
Cons
- Unregulated by top-tier authorities (SVG registration only)
- Restricted in the US, Canada, EU/EEA & several other jurisdictions
- Inactivity fee applies after a period of inactivity
About OctaFX
OctaFX is a prominent forex broker established in 2011, renowned for its user-friendly trading platforms, competitive spreads, and a diverse range of account types tailored to both novice and seasoned traders. The broker offers access to an extensive selection of financial instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies, ensuring ample trading opportunities. Regulated by reputable authorities, OctaFX emphasizes security and reliability, providing a safe trading environment. Additionally, the broker supports multiple deposit and withdrawal methods, offers robust customer support around the clock, and supplies comprehensive educational resources and market analysis tools to help traders make informed decisions.
Pros
- Competitive spreads and low trading costs
- User-friendly platforms including MetaTrader 4 and 5
- Regulated by reputable authorities ensuring security
- Excellent customer support available 24/7
- Fast and diverse payment methods for deposits and withdrawals
- Comprehensive educational resources and market analysis tools
Cons
- Limited product offerings compared to some larger brokers
- Lack of variety in account types
MTrading & OctaFX Regulation
| Feature | MTrading | OctaFX |
|---|---|---|
Companies | ServiceComsvg LLC | Uni Fin Invest, Octa Markets LTD |
Countries | Saint Vincent and the Grenadines | Mauritius, Comoros, Cyprus |
Regulators | SVGFSA | FSC, MISA, CySEC |
Investor Protection | The Financial Commission Compensation Fund | Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | MTrading | OctaFX |
|---|---|---|
STP Account | ||
| Account Name | M.Premium | — |
| Min Deposit | $100 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 30% | — |
| Margin Call | 100% | — |
ECN Account | ||
| Account Name | M.Pro | ECN |
| Min Deposit | $500 | $25 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0.6 |
| Fee | $8 per 1 lot | No |
| Max Leverage | 1:1000 | 1:1000 |
| Stop Out | 30% | 15% |
| Margin Call | 100% | 25% |
Cent Account | ||
| Account Name | M.Cent | — |
| Min Deposit | $10 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 30% | — |
| Margin Call | 100% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | MTrading | OctaFX |
|---|---|---|
Base currencies | USD, EUR | USD, EUR |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards, Skrill, Neteller, AwePay, ZotaPay, IndiaPay, Tether (USDT), Bitcoin (BTC) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT) |
Inactivity fee | 50 USD/month after 12 months of inactivity | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | MTrading | OctaFX |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), OctaTrader |
Execution Speed | - | 100 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | average |
Trading Assets
| Asset | MTrading | OctaFX |
|---|---|---|
Currencies | 38 | 35 |
Indices | 10 | 10 |
Stocks | 87 | 150 |
Cryptocurrencies | 12 | 34 |
Bonds | 0 | 0 |
Metals | 5 | 2 |
Energies | 3 | 4 |
Soft Commodities | 0 | 0 |
ETFs | 9 | 0 |
Education and Analytics
| Feature | MTrading | OctaFX |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | MTrading | OctaFX |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | $30 | — |
| Details | Learn More | — |
Customer Support
Which Broker is Better?
After comparing MTrading and OctaFX, OctaFX comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.