OctaFX (Octa) markets zero commission and 1:1000 leverage. But the cost lives in a wider spread, and the only regulator is the FSRA in Saint Lucia.
LHFX charges $3 per side with raw spreads from 0.0 pips, opens accounts from $10, is licensed by the FSC in Mauritius and the FSCA in South Africa, and pays out crypto withdrawals in around 13 minutes on average.
LHFX vs OctaFX at a glance.
The areas where LHFX offers a clear advantage over OctaFX.
LHFX opens accounts from $10. OctaFX requires $25 to fund a live account. The gap is small in dollar terms but real if you want to scale in from the smallest possible position.
LHFX offers 132+ instruments including 41 forex pairs across majors, minors and exotics. OctaFX offers around 100 instruments with 35+ forex pairs, so coverage outside forex is similar but narrower on currencies.
LHFX is licensed by the FSC in Mauritius (GB23202204) and the FSCA in South Africa (FSP 52816). OctaFX's main retail entity is regulated by the FSRA in Saint Lucia, a smaller jurisdiction without the same FSCA-level retail oversight.
LHFX processes most withdrawals automatically with an average payout time of 13 minutes. OctaFX withdrawals are typically same-day but depend on the payment method and verification status.
LHFX runs MetaTrader 5 as a direct MetaQuotes licensee. OctaFX also offers MT5 alongside MT4 and its own OctaTrader, but the proprietary platform is where most marketing pushes new users.
OctaFX has genuine strengths. Here is where they come out ahead.
OctaFX is commission-free across all account types. The cost is baked into a wider spread, which can suit lower-frequency traders better than a $3-per-side commission structure.
OctaFX offers up to 1:1000 on major forex pairs. LHFX tops out at 1:500. If you specifically need higher leverage, OctaFX goes 2x further.
OctaTrader is OctaFX's in-house web and mobile platform with copy-trading built in. LHFX is MT5-only and does not offer a proprietary alternative.
OctaFX has a long-running copy-trading product where retail traders can mirror signal providers directly inside the OctaTrader app. LHFX does not currently offer a native copy-trading product.
Moving from OctaFX to LHFX takes minutes, not days.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto, Skrill, or Neteller and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto, Skrill, or Neteller and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. $3 per side commission. Raw spreads from 0.0 pips. Average 13-minute crypto withdrawals.