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OctaFX in United Arab Emirates — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%60
- Round-turn cost20%80
- Safety20%0
- Payouts15%97.5
- Track record10%75
- Platforms10%65
Numbered by weight: axis 1 counts for most.
Who actually onboards you
- Entity that onboards United Arab Emirates residents
- Offshore entity; no UAE entity
- Local standing
- Not UAE-regulated
- Licence as the register states it
- No SCA license listed
- Leverage for this entity
- Global default up to 1:1000
- The firm behind it
- Founded 2011; Cyprus, Mauritius
- What we hold against it
- Mixed regulation clarity
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youNot UAE-regulated
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 60 of 75)
Medians run over the 60 of 75 brokers that publish a price for United Arab Emirates, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: OctaTrader, MT4, MT5. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where OctaFX sits in the UAE base(75 brokers)
Round-turn cost, USD (60 of 75 priced)
Median 7 USD · range 2-35 · this broker 9 USD · 15 of 75 brokers do not publish it
Minimum deposit, USD (33 of 75 priced)
Median 50 USD · range 0-10000 · this broker 25 USD · 42 of 75 brokers do not publish it
Retail leverage (53 of 75 with a UAE figure)
Median 1:500 · range 1-5000 · this broker 1:1000 · 22 of 75 brokers do not publish it
Withdrawal time published (75 brokers)
Deposit and withdrawal methods (1 methods · 0 local rails)
AED deposits available
- Account currency
- AED supported
- Fee declared
- 0 of 0 methods
- Withdrawal back to
- the funding method
Where it does not serve(5 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- OctaTrader
- MT4
- MT5
| Class | Count | Min spread |
|---|---|---|
| OctaTrader | — | 1 |
| MT4 | — | 1 |
| MT5 | — | 1 |
| All instruments | 300 | — |
98 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 92 more.
Identical for every row: Leverage 1000 UAE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.2 | 5, 1,237 |
Share of reviewers in the UAE: — The platform does not publish it.
Pros and cons(5 for and 3 against, each tied to a figure on this page)
- Min deposit 25 USD, under the United Arab Emirates median 50
- Withdrawal in 3 h, one of 65 of 75 brokers here that publish a time
- Swap-free account available
- Payouts 98 of 100, its strongest of 6 scored axes
- 3 platforms: OctaTrader, MT4, MT5
- Round turn 9 USD on the raw + commission basis, over the United Arab Emirates median 7
- No United Arab Emirates authorisation on file: the entity that onboards you is licensed elsewhere
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in the UAE(6 of 75 scored in United Arab Emirates)
- Round turn, USD
- 7UAE
- Min deposit, USD
- 0 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #14
- Round turn, USD
- 7UAE
- Min deposit, USD
- 50 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #22
- Round turn, USD
- 9UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 1000UAE
- Rank in this country
- #53
- Round turn, USD
- 7UAE
- Min deposit, USD
- 5 groupUAE
- Leverage
- 1000 group
- Rank in this country
- #35
- Round turn, USD
- 8UAE
- Min deposit, USD
- 30UAE
- Leverage
- 3000UAE
- Rank in this country
- #45
- Round turn, USD
- 7UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 200UAE
- Rank in this country
- #2
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | OctaFX |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 60 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 80 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 98 |
| Track record | 10% | Years since the firm was founded, from its own filings | 75 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 65 |
FAQ
- Does OctaFX accept residents of United Arab Emirates?
- No. Not UAE-regulated Onboarding entity: Offshore entity; no UAE entity
- Is OctaFX licensed to serve clients in United Arab Emirates?
- No SCA license listed Checked on 27.08.2026.
- How much does one round turn cost at OctaFX?
- About 9.0 USD per standard lot on EUR/USD. The median across brokers measured for United Arab Emirates is 7.0 USD.
- What leverage does OctaFX offer to retail clients in United Arab Emirates?
- Up to 1:1000. Global default up to 1:1000
- Which trading platforms does OctaFX support?
- OctaTrader, MT4, MT5. Instruments: 260+ CFDs
- How can I withdraw money from OctaFX in United Arab Emirates?
- AED deposits available
- What account types does OctaFX offer?
- OctaTrader, MT4, MT5
- Does OctaFX offer a swap-free (Islamic) account?
- Yes. OctaFX offers a swap-free (Islamic) account to United Arab Emirates residents.
Taxes for a UAE resident
Not tax advice. Check with the Federal Tax Authority.