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58 brokers measured in Pakistanbroker data checked 27.08.2026
OctaFX logoOctaFXOcta Markets Ltd

OctaFX in Pakistan — review, licence and costs

Written and checked by the Indus Review editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of PakistanOpened by OctaFX (Pakistan) (Pvt.) Ltd., register checked 09.07.2026

Score (6 of 6 axes scored)

3.8/ 5.0

ranked against full-basis brokers

2 + 3 × 0.600 = 3.8 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Octa Markets Ltd
Founded
2011
Retail leverage
1000 group
Round turn
16 USDPK
Currencies
USD/EUR; no PKR account verified.
Swap-free account
yes

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

No SBP/SECP licence; offshore only.
No licence number published for Pakistanchecked 09.07.2026sbp.org.pk
Open an account with OctaFX

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the OctaFX website
OctaFX's own site, captured for this review (07.10.2026)

Taxes for a Pakistani resident(1 rule)

  • Forex/derivatives trading profit for residents is generally taxed as income;https://sbp.org.pk

Not tax advice. Check with the Federal Board of Revenue.

Who actually onboards you

Entity that onboards Pakistan residents
Octa Markets Ltd
Local standing
ILLEGAL locally. State Bank of Pakistan (SBP) advisory names OctaFX among prohibited illegal offshore FX platforms; SECP/PTA warnings on unlicensed brokers.
Licence as the register states it
No SBP/SECP licence; offshore only.
Leverage for this entity
Offshore up to 1:1000.
The firm behind it
Founded 2011; rebranded OctaFX→Octa; sizeable Pakistan user base.
What we hold against it
SBP names OctaFX as illegal; India ED PMLA/Ponzi probe; withdrawal complaints.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.

Offshore entity · onboards youOcta Markets LtdOffshore entity · SECP licence —
1:1000 group
Pakistan median, local entities: 1:50 · 18 of 20 statedGroup figure, not the local one

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youILLEGAL locally. State Bank of Pakistan (SBP) advisory names OctaFX among prohibited illegal offshore FX platforms; SECP/PTA warnings on unlicensed brokers.
  • 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 Pakistan market median(priced from 36 of 62)

Round turn, 1 lot EURUSD, spread plus commission, USD
OctaFX, raw spread plus commission16
Pakistan median, all 36 priced7
Pakistan median, the 27 priced on the raw spread plus commission6.5

Medians run over the 36 of 62 brokers that publish a price for Pakistan, 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: Micro (MT4), Pro (MT5), OctaTrader, min USD 25. 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.

Payouts(2 methods)

MethodDeposit, hFee, USDMin, USD
Local bank24050
E-wallet historically24050

Deposit and withdrawal methods (2 methods · 0 local rails)

Local bank/e-wallet historically;

  • Local bank
  • E-wallet historically
Account currency
USD/EUR; no PKR account verified.
Fee declared
2 of 2 methods
Withdrawal back to
the funding method

Where it does not serve(12 countries)

RussiaCyprusBelarusKazakhstanUkrainePuerto RicoUnited StatesU.S. Virgin IslandsU.S. Outlying IslandsAmerican SamoaNorthern Mariana IslandsGuam

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
ClassCountMin spread
OctaTrader—1.4
MT4—1.4
MT5—1.4
All instruments300—

114 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 108 more.

Identical for every row: Leverage 1000 PK.

Reviews(1 platform · 25% of the score)

4.8/ 5
Trustpilot rating
5, 581
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.85, 581

Share of reviewers in Pakistan: — The platform does not publish it.

Pros and cons(4 for and 6 against, each tied to a figure on this page)

For
  • Withdrawal in 3 h, one of 46 of 62 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
Against
  • Round turn 16 USD on the raw + commission basis, over the Pakistan median 7
  • No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
  • A regulator warning is on file against this broker
  • Min deposit 25 USD, over the Pakistan median 7.5
  • The published 1:1000 comes from the group's offshore entity, not from the Pakistan one
  • Safety 0 of 100, its weakest of 6 scored axes

Where OctaFX sits in the Pakistan base(62 brokers)

Round-turn cost, USD (36 of 62 priced)

3<5
207.5
510
312.5
315
117.5
1>17.5

Median 7 USD · range 3-19 · this broker 16 USD · 26 of 62 brokers do not publish it

Minimum deposit, USD (16 of 62 priced)

13<50
1100
1150
0200
1>200

Median 7.5 USD · range 0-237.2 · this broker 25 USD · 46 of 62 brokers do not publish it

Retail leverage (34 of 62 with a Pakistan figure)

17<1k
62k
73k
34k
1>4k

Median 1:750 · range 50-5000 · this broker 1:1000 · 28 of 62 brokers do not publish it

Withdrawal time published (62 brokers)

6of 58
Published, hours6not published38OctaFX is one of the 6

Alternatives in Pakistan(6 of 62 scored in Pakistan)

3.87
Fusion Markets
Licensed elsewhere
Round turn, USD
13.5PK
Min deposit, USD
0PK
Leverage
500PK
Rank in this country
#9
3.34
FXGT
Licensed elsewhere
Round turn, USD
14PK
Min deposit, USD
5PK
Leverage
5000PK
Rank in this country
#27
3.2
Alpari
Licensed elsewhere
Round turn, USD
19PK
Min deposit, USD
30 groupPK
Leverage
3000PK
Rank in this country
#32
3.91
Pepperstone
Licensed elsewhere
Round turn, USD
8PK
Min deposit, USD
10 groupPK
Leverage
200PK
Rank in this country
#8
3.76
JustMarkets
Licensed elsewhere
Round turn, USD
9PK
Min deposit, USD
10 groupPK
Leverage
3000PK
Rank in this country
#16
3.42
ThinkMarkets
Licensed elsewhere
Round turn, USD
11PK
Min deposit, USD
50 groupPK
Leverage
500PK
Rank in this country
#26

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 Pakistan score. Full methodology

AxisWeightWhat is measuredOctaFX
Reviews25%Rating, volume and recency on one public review platform90
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median45
Safety20%Local authorisation, the entity that onboards you, any regulator warning0
Payouts15%Published withdrawal time, fees and the methods available in the country98
Track record10%Years since the firm was founded, from its own filings75
Platforms10%Which trading platforms the broker confirms for this country65

FAQ

Does OctaFX accept residents of Pakistan?
No. ILLEGAL locally. State Bank of Pakistan (SBP) advisory names OctaFX among prohibited illegal offshore FX platforms; SECP/PTA warnings on unlicensed brokers. Onboarding entity: Octa Markets Ltd
Is OctaFX licensed to serve clients in Pakistan?
No SBP/SECP licence; offshore only. Checked on 09.07.2026.
How much does one round turn cost at OctaFX?
About 16.0 USD per standard lot on EUR/USD. The median across brokers measured for Pakistan is 7.0 USD.
What leverage does OctaFX offer to retail clients in Pakistan?
Up to 1:1000. Offshore up to 1:1000.
Which trading platforms does OctaFX support?
OctaTrader, MT4, MT5. Instruments: FX, metals, indices, commodities, crypto & stock CFDs.
How can I withdraw money from OctaFX in Pakistan?
Local bank/e-wallet historically; verify at signup.
What account types does OctaFX offer?
Micro (MT4), Pro (MT5), OctaTrader; min USD 25.
Does OctaFX offer a swap-free (Islamic) account?
Yes. OctaFX offers a swap-free (Islamic) account to Pakistan residents.

Cost calculator (median of 36 priced of 62)

OctaFX, per month320.00 USD
Pakistan median, per month140.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a PKR conversion because the exchange rate is not part of our data.

Verified · Sources

Verified01.10.2026
next review 01.01.2027
Sources · precision