Overall Rating
Rated # 4.2 / 5
| OctaFx Details | |
|---|---|
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💰Minimum Deposit |
$100 |
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🌐 Regulators
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FSA, NFA, CySEC
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📱 Trading Desk
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MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
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₿ Crypto
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Yes
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📈 Total Pairs
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60+
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📊 Trading Fees
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Low
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🕒 Account Activation Time
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24 Hours
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📱 Moble Trading |
Yes
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🌐 Web Trading |
Yes
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OctaFX Was Established In 2011. The Company’s Headquarters Are Located In Saint Vincent And The Grenadines, With An Additional Support Office In Jakarta, Indonesia. The Broker’s EU Entity, Octa Markets Cyprus Ltd, Is Located In Limassol, Cyprus, And Is Regulated By The CySEC.
With Over 1.5 Million Trading Accounts And A Long List Of Forex Industry Awards, The Founder And Owner Has Ensured The Company Has Amassed A Global Reach
OctaFx Regulation
OctaFx Countries
OctaFX Accepts Clients From All Over The World, Excluding USA Due To Regulatory Restrictions. Some OctaFX Broker Features And Products Mentioned Within This OctaFX Review May Not Be Available To Traders From Specific Countries Due To Legal Restrictions.
Signup With OctaFx And get $50 Bonus
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Get OctaFx No Deposit BonusOctaFx ReviewOctaFX Platforms
OctaFX offer a choice of the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms. These are amongst the most popular platforms available for online trading.
MetaTrader 4
MT4 Is Ideal For New Traders And More Experienced Traders Who Require A Simplistic Yet Sophisticated Platform. It Has An Intuitive User-friendly Interface That Is Easy To Navigate And Fully Customisable.
MT4 Includes Many Built-in Indicators For Technical Analysis And Is Capable Of Running Automated Systems Known As Expert Advisors (EAs). There Are 9 Timeframes To Choose From. Multiple Order Types Are Supported With Real Time Market Execution And There Is Advanced Risk Management Amongst Many Other Useful Features.
MT4 Is The Complete Platform To Get Started Trading Online And Is Available On Desktop (Windows / Mac), Web And Mobile (iPhone / IPad / Android / Tablet).
MetaTrader 5
Mt5 Has A Simple Interface Just Like Its Predecessor With Some New Features That Improve The Overall Experience. There Are More Technical And Fundamental Indicators For Chart Analysis, 21 Timeframes, Graphical Objects, Support For More Order Types, An Economic Calendar And More.
Mt5 Is Available On Desktop (windows / Mac), Web And Mobile (iphone / Ipad / Android / Tablet).
cTrader
CTrader Provides A Convenient And Feature Rich Environment For More Flexible Trading. It Is Also Highly Customisable And Can Be Adjusted To Cater To Suit The Needs Of Different Traders. Other Benefits Include Level II Quotes, Server Trailing Stop, 26 Timeframes, Cloud Service, Advanced Chart Trading And A FIX API For Trading With Direct Market Access.
CTrader Is Available On Desktop (Windows / Mac), Web And Mobile (iPhone / IPad / Android / Tablet).
OctaFX Account Opening
There Is A Short Online Form To Compete After Which You Will Need To Verify Your Email Address. Following On From That You Need To Email The Accounts Team Proof Of Identification And Residence Such As A Passport Scan And Utility Bill. This Is Completely Normal As Part Of The KYC Procedure. Once The Accounts Team Have Verified Your Details You Will Be Able To Fund Your Account And Start Trading.
Signup With OctaFx And get $50 Bonus
Get $50 Signup Bonus When You Open Account With OctaFx.
Get OctaFx No Deposit BonusOctaFx ReviewOctaFX Copytrading App
The OctaFX Copytrading App Lets You Conveniently Copy Signals From Hundreds Of Other Traders. The App Interface Is Very User Friendly Making It Easy To Find Signal Providers To Follow Based On Your Customised Filters. You Can Build And Track Your Portfolio At Any Time. There Are Master Accounts For Traders Who Want To Offer Their Strategies As Signals Or For Followers Who Wish To Copy Signals.
OctaFX Deposit & Withdrawal
OctaFX Do No Charge A Commission On Deposit And Withdrawals. They Also Use The Best Exchange Rates Possible. Secure SSL Encryption Helps Make Your Information Confidential And Inaccessible To Third Parties. 3-D Secure Technology Adds An Authentication Step For Protecting Your Online VISA/Mastercard Payments.
Funding Options Include Wire Transfer, Credit Card, Neteller, Skrill, Bitcoin. Bank Transfers May Take A Few Business Days To Clear. Accounts Can Be Opened In USD & EUR. The Different Currency Options Are Beneficial As Currency Conversion Fees Do Not Apply When Using An Account In Your Own Currency.
| OctaFX Payment Methods | |
|---|---|
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Visa |
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Credit Cards
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FasaPay |
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Mastercard
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Summary
OctaFX Provide Very Flexible And Powerful Trading Platforms With Accounts To Suit All Types Of Trader. The Trading Costs Are Very Competitive Whilst Customer Support Is Prompt To Answer Questions. Trading Instruments May Perhaps Be Too Limited For Some Although The Forex Offering Is Probably Adequate For Most Clients Needs.