Exness
LiteFinance
NordFX
XM
Vantage
EBC
IUX
OctaFX
South Africa (9)
India (9)
Bangladesh (12)
Germany (9)
Thailand (10)
Philippines (9)
Nigeria (10)
Detailed side-by-side analysis of OctaFX vs XM
| Feature | OctaFX | XM |
|---|---|---|
| Headquarters | Saint Lucia. | United States. |
| Type of Broker | STP | Class MetaTrader broker |
| Founded | 2011 | 2009 Older |
| Regulated By | FSA , CySEC , MISA | CySEC, FSCA, DFCA, FSC (Belize), FSC (Mauritius), FSA, SCA |
| Offices | 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia, n/a, Saint Lucia | United States |
| Supported Languages | English, Indonesian, Chinese, Malay, Portuguese, Spanish and Thai | English, Greek, Simplified Chinese, Traditional Chinese, Bahasa Malay, Bahasa Indonesia, Korean, Russian, French, Spanish, Italian, German, Polish, Hindi, Arabic, Portuguese, Czech, Slovakian, Bulgarian, Romanian, Bengali, Urdu, Thai, Nepali, Tagalog, Vie |
| Feature | OctaFX | XM |
|---|---|---|
| Account Currencies | (50+) | (55+) |
| Minimum Deposit | $25 | $5 |
| Maximum Leverage | 1000:1 | 888:1 |
| Minimum Contract Size | 0.01 lots | 0.01 lots |
| ECN/STP Accounts Offered | ||
| Demo Account Expiry | N/A | N/A |
| Islamic Accounts | ||
| Traders from USA |
| Feature | OctaFX | XM |
|---|---|---|
| Typical Spread on Majors | 0.1 pips | 0.1 pips |
| Interest on Margin | ||
| Commission on STP or ECN/STP | N\A | $3.5 |
| EUR/USD | Yes | Yes |
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| Hedging | ||
| Scalping |
| Feature | OctaFX | XM |
|---|---|---|
| Platforms Offered | MT4, MT5, Octatrader | MT4, MT5, XM App |
| One-Click-Execution | ||
| Mobile Alerts | ||
| Email Alerts | ||
| VPS Offered | ||
| MetaTrader Server Time (winter) | N/A | N/A |
| Feature | OctaFX | XM |
|---|---|---|
| Number of Pairs | 35 | 55+ |
| CFD's | ||
| Metals | ||
| Oil | ||
| Indices | ||
| Stocks | ||
| Futures | ||
| Binary Options |
