OctaFX Account Types
Three OctaFX account options side by side — pricing, commission and who each one fits.
Open OctaFX Account →OctaFX organises its accounts by platform — MT4, MT5 and OctaTrader — all with a $25 minimum deposit, spreads from 0.6 pips and $0 commission. Every account can use a free demo and can be made swap-free (Islamic) on request.
How the OctaFX accounts stack up
- Accounts are split by platform rather than by tier — MT4, MT5 or OctaTrader, each opening from $25.
- Every standard account skips commission entirely, with pricing starting at 0.6 pips.
- Base currencies include USD and EUR; Nigerian clients typically fund in USD.
- Every platform comes with an unlimited free demo, so you can test the waters before funding a live account.
- Ask for swap-free (Islamic) status and it can be applied to any of the accounts.
OctaFX account types
| Account | Platform | Spread from | Commission | Best for |
|---|---|---|---|---|
| MT4 Account | MetaTrader 4 | 0.6 pips | $0 | Forex and Expert Advisors |
| MT5 Account | MetaTrader 5 | 0.6 pips | $0 | Multi-asset trading |
| OctaTrader Account | OctaTrader | 0.6 pips | $0 | Beginners and mobile trading |
Frequently asked questions
How many account types does OctaFX have?
Three, organised by platform: MT4, MT5 and OctaTrader, all commission-free.
What is the minimum deposit for each account?
$25 across all account types for clients outside the EU.
Which OctaFX account is best for beginners?
The OctaTrader account offers a simpler, mobile-first interface that suits new traders.