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Rating Index
1.50
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.94

Pros

Competitive trading environment with low spreads and no commission fees.
Offers a variety of trading platforms including MetaTrader 4, MetaTrader 5, and its proprietary Octa Trader.
Provides comprehensive educational resources and 24/7 customer support in multiple languages.

Cons

Limited range of tradable instruments compared to some industry leaders.
The offshore entity is unregulated, which may raise concerns for some traders.
No phone support available, relying solely on live chat and email for customer assistance.

ОКТАН broker Accounts

ОКТАН Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

ОКТАН Account Types Explained

ОКТАН offers a variety of account types designed to cater to different trading styles and experience levels. Below is a detailed overview of each account type available:

1. ОКТАН Standard Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
  • Leverage Options: Up to 1:500.
  • Key Features: Access to a wide range of trading instruments, including forex, commodities, and indices.
  • Target User Profile: Suitable for beginners and intermediate traders.
  • Trading Instruments Available: Forex pairs, commodities, indices.

2. ОКТАН ECN Account

  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads starting from 0.0 pips, with a commission of $6 per lot.
  • Leverage Options: Up to 1:200.
  • Key Features: Direct market access, ideal for high-frequency trading and scalpers.
  • Target User Profile: Advanced and professional traders.
  • Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies.

3. ОКТАН Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Spreads from 0.5 pips, commission-free.
  • Leverage Options: Up to 1:400.
  • Key Features: Enhanced trading conditions, suitable for serious traders.
  • Target User Profile: Experienced traders looking for better trading conditions.
  • Trading Instruments Available: Forex pairs, commodities, indices.

4. ОКТАН Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to the Standard Account, but swap-free.
  • Leverage Options: Up to 1:500.
  • Key Features: Complies with Sharia law, no interest charges.
  • Target User Profile: Muslim traders seeking compliant trading options.
  • Trading Instruments Available: Forex pairs, commodities, indices.

5. ОКТАН Demo Account

  • Minimum Deposit Requirement: N/A (virtual funds).
  • Spread/Commission Structure: Similar to Standard Account conditions.
  • Leverage Options: Up to 1:500.
  • Key Features: Risk-free environment to practice trading strategies.
  • Target User Profile: Beginners and those looking to test strategies.
  • Trading Instruments Available: Same as live accounts.

Account Type Comparison Table

Account Type Min Deposit Spreads Commission Max Leverage Target User Profile
Standard $100 From 1.5 pips None Up to 1:500 Beginners and intermediates
ECN $500 From 0.0 pips $6/lot Up to 1:200 Advanced and professional
Pro $1,000 From 0.5 pips None Up to 1:400 Experienced traders
Islamic $100 From 1.5 pips None Up to 1:500 Muslim traders
Demo N/A Similar to Std N/A Up to 1:500 Beginners and strategy testers

  • Beginners: ОКТАН Standard Account
  • Intermediate Traders: ОКТАН Pro Account
  • Advanced Traders: ОКТАН ECN Account
  • Muslim Traders: ОКТАН Islamic Account
  • Practice Traders: ОКТАН Demo Account

Detailed ОКТАН Account Features

Account Features Comparison

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage Up to 1:500 Up to 1:200 Up to 1:400 Up to 1:500 Up to 1:500
Spreads From 1.5 pips From 0.0 pips From 0.5 pips From 1.5 pips Similar to Std
Commission Fees None $6/lot None None N/A
Lot Size Standard Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market Market
Islamic Account Availability Yes Yes Yes Yes No
Swap-Free Options No No No Yes N/A
Demo Account Features N/A N/A N/A N/A Virtual funds for practice

Advantages of Each Account Type

  • Standard Account:
  • Low minimum deposit.
  • No commission fees.
  • Suitable for beginners.
  • ECN Account:
  • Direct market access.
  • Tight spreads.
  • Ideal for scalping.
  • Pro Account:
  • Enhanced trading conditions.
  • No commission fees.
  • Suitable for serious traders.
  • Islamic Account:
  • Complies with Sharia law.
  • No interest charges.
  • Accessible for Muslim traders.
  • Demo Account:
  • Risk-free trading environment.
  • Practice without financial risk.
  • Access to all trading instruments.

Disadvantages of Each Account Type

  • Standard Account:
  • Higher spreads compared to ECN.
  • ECN Account:
  • Higher minimum deposit.
  • Commission fees apply.
  • Pro Account:
  • Higher minimum deposit.
  • Limited to experienced traders.
  • Islamic Account:
  • Limited availability of certain instruments.
  • Demo Account:
  • No real financial gains.
  • Limited time for practice.

ОКТАН Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available to residents of most countries, excluding certain jurisdictions.
  • Prohibited Countries: Specific countries may be restricted due to regulatory compliance.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or national ID).
  • Proof of address (utility bill or bank statement).
  • Proof of Residence Requirements: Recent documents showing your name and address.
  • Additional Documentation for Professional Accounts: May require proof of trading experience or financial statements.

KYC/AML Compliance Procedures

ОКТАН adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address before trading.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step ОКТАН Account Opening Guide

Registration Process

  1. Visit the Website: Go to the ОКТАН homepage and click on the registration button.
  2. Personal Information Entry: Fill out the registration form with your personal details.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Indicate your preferred trading settings and leverage.
  5. Document Upload: Upload the required identification and proof of residence documents.
  6. Account Verification: Wait for the ОКТАН team to verify your documents.
  7. Fund Your Account: Once verified, deposit funds into your account.
  8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with mobile offering a more streamlined interface for quick sign-ups.

Common Registration Issues and Solutions

  • Issue: Document upload errors.
  • Solution: Ensure documents are clear and meet the specified requirements.
  • Issue: Delayed verification.
  • Solution: Contact customer support for assistance.

Average Account Approval Time

Most accounts are approved within 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

You can request an upgrade or downgrade through the ОКТАН customer support portal, subject to the new account type's requirements.

ОКТАН Demo Account Guide

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading.
  • Access to all trading instruments available in live accounts.
  • Ideal for testing strategies without financial risk.

How to Open a Demo Account

  • Visit the ОКТАН website and select the demo account option.
  • Fill out the registration form and submit.

Demo Account Limitations

  • Virtual funds only, no real financial gains.
  • Limited duration, typically 30 days.

Virtual Balance Amount

Demo accounts usually come with a virtual balance of $10,000.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts involve real money.
  • Demo accounts may have time limits, whereas live accounts do not.

Duration/Expiry of Demo Accounts

Demo accounts typically expire after 30 days of inactivity.

ОКТАН Islamic Account Details

Swap-Free/Islamic Account Availability

ОКТАН offers Islamic accounts that comply with Sharia law, ensuring no interest is charged on trades.

Eligibility Requirements

To qualify for an Islamic account, clients must declare their need for a swap-free trading environment.

Differences from Standard Accounts

Islamic accounts operate under the same trading conditions as standard accounts but do not incur swap fees.

How to Apply for Islamic Account

Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

Islamic accounts may have restrictions on certain trading strategies that involve interest.

FAQs – ОКТАН Account Types & Opening

  1. What account types does ОКТАН offer?
  • ОКТАН offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
  1. How long does ОКТАН account verification take?
  • Verification typically takes 1-3 business days.
  1. Does ОКТАН offer demo accounts?
  • Yes, ОКТАН provides demo accounts for practice trading.
  1. Can I have multiple account types with ОКТАН?
  • Yes, clients can hold multiple account types.
  1. Does ОКТАН offer Islamic/swap-free accounts?
  • Yes, ОКТАН offers Islamic accounts that are swap-free.
  1. What documents do I need to open a ОКТАН account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can request to upgrade or downgrade your account type through customer support.

ОКТАН accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
ОКТАН Account