Spectre.ai vs OctaFX

Spectre.ai or OctaFX – which is better for UK traders 2021? Compare Spectre.ai and OctaFX in this detailed breakdown of their platforms, features and fees.

Spectre.ai vs OctaFX Comparison Table 2021
Spectre.ai OctaFX
Spectre.ai is a blockchain-based binary options broker OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
FCA Regulated
✗ No ✗ No
Awards
  • Best ECN/STP Broker 2019 - FXDaily Info
  • Best Forex Broker Asia 2019 - FXDaily Info
  • Best Forex Broker Asia 2018 - Global Banking & Finance Review
  • Best FX Broker 2018 - European CEO Magazine
  • Best Trading Conditions 2018 - European CEO Magazine
  • Best Copy Trading Platform 2018 - Forex-Awards.com
  • Best Forex ECN Broker 2017 - UK Finance Awards
  • Best Trading Conditions 2016 - Forex Report Magazine
Instruments
Binary options and EPIC Forex, CFDs, indices, commodities, cryptocurrencies
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
$0 $100
Payment Methods
FasaPay, Neteller, Paysafecard, Skrill, Visa, Wire Transfer Credit Card, MoneyGram, Paysafecard, Perfect Money, Western Union, WorldPay
Minimum Trade
$1 0.01 lots
Regulator
St. Vincent and the Grenadines CySEC
MetaTrader 4
✗ No ✓ Yes
MetaTrader 5
✗ No ✓ Yes
cTrader
✗ No ✓ Yes
DMA Account
✗ No ✗ No
ECN Account
✗ No ✓ Yes
Mobile Apps
Yes Yes
Auto Trading
Yes - through APIs ✓ Yes
Trade Signals
✗ No ✓ Yes
Social Trading
✗ No ✓ Yes
Copy Trading
✗ No ✓ Yes
Islamic Account
✓ Yes ✓ Yes
CFD
CFD trading not offered Trade on the financial markets with CFDs.
Leverage
1:30 (EU), 1:500 (Non-EU)
FTSE Spread
1.8
GBPUSD Spread
1.1
Oil Spread
1.1
Stocks Spread
Variable
Forex
Forex trading is available on major, minor and exotic currency pairs OctaFX offers leveraged trading on currencies.
GBPUSD Spread
0.9 1.1
EURUSD Spread
0.58 0.7
EURGBP Spread
0.9 2.1
Assets
13 28
Cryptocurrency
Trade popular digital currencies at OctaFX.
Spread
Variable
Coins
BTC, LTC, ETH
Binary Options
Binary options are available on multiple markets, including forex Binary options trading not offered
Payout
Spectre.ai OctaFX
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