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IC Markets vs Octa: licences, costs and platforms
Facts from both companies’ official pages and regulators’ registers, side by side. We show what the numbers say; the choice is yours.
Facts verified on October 7, 2026
Key differences
- IC Markets has the lower minimum deposit: $0, against $25.
- Only IC Markets is licensed by FSA and CMA (Kenya).
- Only IC Markets offers cTrader and TradingView.
- Only Octa offers OctaTrader.
- Only IC Markets supports PayPal and Bank transfer for deposits and withdrawals.
- Only Octa supports USDT (TRC-20) for deposits and withdrawals.
Side by side
| Criterion | IC Markets | Octa |
|---|---|---|
| Our score | Not rated yet | Not rated yet |
| Rating on other platforms | 4.4/5 (9,253) | 4.5/5 (113K) |
| Regulators | FSA, CySEC, CMA (Kenya) | CySEC |
| Minimum deposit | No minimum | $25 |
| Account types | Raw Spread, cTrader Raw Spread, Standard | OctaTrader, MetaTrader 5, MetaTrader 4 |
| Commission per lot (raw spread account) | $7 | — |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView | OctaTrader, MetaTrader 5, MetaTrader 4 |
| Maximum leverage | up to 1:5000 (FSA) | — |
| Swap-free (Islamic) account | On request | Yes |
| Deposit and withdrawal methods | Visa / Mastercard, PayPal, Neteller, Skrill, Bank transfer | USDT (TRC-20), Visa / Mastercard, Skrill, Neteller |
| Retail CFD accounts losing money | 73.46% | — |
| Not available in | 5 countries | 37 countries |
| Founded | — | — |
| Headquarters | — | — |
| Read review | Read review |
Frequently asked questions
Which regulators license IC Markets and Octa?
IC Markets is licensed by FSA, CySEC, and CMA (Kenya); Octa by CySEC.
What is the minimum deposit at IC Markets and Octa?
IC Markets: No minimum. Octa: $25.
Which trading platforms do IC Markets and Octa offer?
Both offer MetaTrader 4 and MetaTrader 5. Only IC Markets offers cTrader and TradingView. Only Octa offers OctaTrader.
Which payment methods do IC Markets and Octa support?
Both support Visa / Mastercard, Neteller, and Skrill for deposits and withdrawals. Only IC Markets supports PayPal and Bank transfer for deposits and withdrawals. Only Octa supports USDT (TRC-20) for deposits and withdrawals.
How are IC Markets and Octa rated on other platforms?
IC Markets: 4.4/5 (9,253); Octa: 4.5/5 (113K). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
- IC Markets Not rated yet
- Octa Not rated yet