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Ghaf Review
76 brokers measured40 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

OctaFX — United Arab Emirates

Key facts (8)

Who actually onboards you
Offshore entity; no UAE entity
Licence number
not stated
Established
2011group
Min deposit, USD
not stated
Platforms
OctaTrader · MT4 · MT5
Local funding
AED deposits available
Max leverage
not stated
EURUSD
not priced

This broker against the United Arab Emirates middle (40 of 76)

OctaFXUnited Arab Emirates median
Round turn, USDnot priced7.0 USD
Min deposit, USDno data50.0 USD
Max leverageno data500.0geo
Withdrawal, hno data36.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established2011group2009.0
Platforms33.0

Accepts residents of United Arab Emirates

Yes UAE-focused sources describe Octa as available to UAE residents but not locally regulated in the UAE. The broker’s public materials and third-party re

Score (4/6 axes)

3.27 of 5
reviews6025%
safety020%
track_record7510%
platforms5010%

Shown, not ranked: no round-turn price

Licence check

Licence number
not stated
Checked
2026-08-27

one UAE-focused review says it is not locally regulated in the UAE. A separate source claims access via CySEC and offshore entities, but not a UAE authorization.

Who actually onboards you

Offshore entity; no UAE entity

Entity not established

Publicly available UAE-facing reviews state Octa has no local office in the UAE and serves UAE residents through its non-UAE entities, including offshore structures and a CySEC-regulated European arm.

Cost against the United Arab Emirates median (40 of 76)

Round turn, USD
not priced
Median
7.0 USD

Distributions across the base

Round-turn cost, USD (40 of 76)

Median 7.0 · Range 3.0–14.0 USD

Minimum deposit, USD (18 of 76)

Median 50.0 · Range 0.0–10000.0 USD

Accounts

OctaTrader, MT4, MT5

UAE-facing reviews list three account/platform types for UAE traders: OctaTrader, MetaTrader 4, and MetaTrader 5. Another review says swap-free conditions are provided by default.

Withdrawal time and methods

Withdrawal, h
not stated

The results mention secure deposits and withdrawals, and third-party reviews list bank transfer, cards, e-wallets, and cryptocurrencies including USDT and other crypto assets. One review says Octa does not charge funding or withdrawal fees.

Rating, and how many people left it

Reviews
4.2/5, 1,237 reviewsgroup

Considering 1,237 reviews, most reviewers were somewhat happy with their experience overall.

Software and market access (3)

OctaTrader · MT4 · MT5

260+ CFDs

The tax side in United Arab Emirates

0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026); individuals keep full trading profit. Corporate tax of 9% applies to business profits above AED 375,000 (since June 2023), but a 'Qualifying Free Zone Person' in DIFC/ADGM/DMCC can qualify for 0% on qualifying income. Traders operating as a business/company

Arguments for, arguments against

Pros (1)

  • Swap-free account available

Cons (3)

  • No local licence: the client is onboarded by a foreign entity
  • Withdrawal time not published
  • Minimum deposit for this country not published

Other brokers that onboard United Arab Emirates residents (6)

Where it does not serve

no data

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (0)

Checked: 2026-08-27

FAQ (3)

Does OctaFX accept residents of United Arab Emirates?

Yes. UAE-focused sources describe Octa as available to UAE residents but not locally regulated in the UAE. The broker’s public materials and third-party reviews emphasize overseas regulation rather than UAE authorization.

Which entity onboards a United Arab Emirates client of OctaFX?

Offshore entity; no UAE entity

What licence does OctaFX hold for United Arab Emirates?

No licence number is published for this country. one UAE-focused review says it is not locally regulated in the UAE. A separate source claims access via CySEC and offshore entities, but not a UAE authorization.