Spectre.ai vs OctaFX

Spectre.ai or OctaFX – which is better for UK traders 2022? Compare Spectre.ai and OctaFX in this detailed breakdown of their platforms, features and fees.

Spectre.ai vs OctaFX Comparison Table 2022
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.
Rating
Not yet rated Not yet rated
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
Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC Forex, CFDs, indices, commodities, cryptocurrencies
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
$0 $100
Payment Methods
ADVcash, Credit Card, Debit Card, FasaPay, Neteller, Paysafecard, Skrill, UnionPay, 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
Zero Leverage Digital CFDs have a daily fee of approx. 1 pip and forex CFDs leverage up to 1:40 Trade on the financial markets with CFDs.
Leverage
1:40 1:30 (EU), 1:500 (Non-EU)
FTSE Spread
N/A 1.8
GBPUSD Spread
0.9 1.1
Oil Spread
N/A 1.1
Stocks Spread
Variable Variable
Forex
Forex trading is available on major, minor and exotic currency pairs OctaFX offers leveraged trading on currencies.
GBPUSD Spread
0.90 1.1
EURUSD Spread
0.58 0.7
EURGBP Spread
0.90 2.1
Assets
18 28
Cryptocurrency
Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin Trade popular digital currencies at OctaFX.
Spread
Variable Variable
Coins
BTC, LTC, ETH, DSH, BCH, LINK, UNI, AAVE, TERRA, MKR, AVAX, SNX, COMP, SUSHI, CAKE, FTM, YFI, UMA, RUNE, REN, ZRX, BNT BTC, LTC, ETH
Binary Options
Binary options are available on multiple markets, including forex and stocks Binary options trading not offered
Payout
Up to 400%
Spectre.ai OctaFX
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