OctaFX Broker Overview
Here is every key fact about OctaFX in one table — regulation, contact details, deposit rules, leverage, spreads and account features.
| Foundation Year | 2011 |
|---|---|
| Headquarters | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines |
| Country | St. Vincent and the Grenadines |
| Telephone | +17844574224 |
| Fax No. | No |
| Regulated By | Regulated by CySEC |
| Min. Deposit | $5 |
| Max Leverage | 1:1000 |
| Withdrawal Methods | Bank wire, Debit/Credit card, Neteller, Skrill, FasaPay, Local Payment means in: Indonesia, Malaysia, Bangladesh, Pakistan, Nigeria, Thailand, India |
| Funding Methods | Bank wire, Debit/Credit card, Neteller, Skrill, FasaPay, Local Payment means in: Indonesia, Malaysia, Bangladesh, Pakistan, Nigeria, Thailand, India |
| Base Currencies | USD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD, CAD |
| Tradable Options | Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures |
| Web Trading | Yes |
| Mobile Trading | Yes |
| Type Of Broker | STP/ECN |
| Min. Spreads | 0.0 Pips |
| Free Demo Account | Yes |
| Mini Accounts | Yes |
| VIP Accounts | Yes |
| Managed Accounts | Yes |
| Segregated Accounts | Yes |
| Swap Free Accounts | Yes |
| Promotion | 50% Forex Bonus on Each Deposit |
OctaFX Review: Octa Broker review before you trade. Get the lowdown on fees, features, and more. Make your next move with confidence!
Octa is one of the most reliable brokers in the world, it’s experienced in MetaTrader and cTrader trading platforms. The broker was founded in the year 2011 with the main head office located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. OctaFX is regulated by one of the most powerful financial authority (FCA) Financial Conduct Authority and CySEC. They are providing a lot of trading assets to their clients like Forex, CFD’s Cryptocurrencies, Commodities, and Stocks. Day by day the broker is getting more and more clients for their incredible trading services. Let’s discuss the broker features.
Available trading platforms
The broker offering 3 trading platforms to its clients which is most modern and popular to peoples. There MT4/MT5 platform available which is designed by the most popular software corporation Metaquotes. Also, there is another platform available to clients which is C-Trader, it’s also popular. Both platforms can be used by mobile and computers.
Trading accounts for Traders
There are 3 types of trading platforms available to traders which is Micro, Pro, and ECN. A micro account designed for a newbie trader who wants to start a trading career, clients can trade from a Micro account with a $100 initial balance. Pro accounts are designed for experienced traders, clients can open a trade by this account with a $500 minimum deposit. ECN is designed for progressive traders, clients can trade with this account by making a deposit of $100.
Are there any promotions from OctaFX?
Yes, there are a lot of promotions offering by OctaFX including Forex deposit bonus, no deposit bonus, and contests. 50% forex deposit is most active and useful to traders. But, they are showing most activity on forex contests including live and demo. Clients can win prizes during (Trade to win) promotion, clients can win prizes by completing only 5 lots of trade.
Deposit and withdrawal options
The world is so much fast with E-Wallet transactions, everyday peoples are getting more engaged with it. OctaFX brings the most secure transactions system for their customers including the most popular E-wallet transaction system, Neteller, Skrill, Bitcoin, and Perfect Money.
Customer support and management
Social platforms are very useful for everyone, everyone using various social platforms to get connect with peoples. OctaFX is connected with its customers and partners with the most common social platforms like Facebook, Twitter, Instagram, and youtube. Clients can use these platforms to contact them also there are E-Mail service, live chat services, and Phone call service available for clients and partners.
Trading Conditions and Account Types
Spreads and Execution
As an STP/ECN broker, OctaFX routes orders to liquidity providers instead of trading against clients. Spreads start from 0.0 pips on major pairs; raw-spread accounts usually charge a commission per lot, so compare the total cost before you choose an account.
Leverage up to 1:1000
Maximum leverage of 1:1000 means a $5 deposit can control up to $5,000 in positions. It cuts margin requirements, but a small move against you can wipe out the account. Most traders should pick 1:100 to 1:500 and use a stop-loss on every trade.
Account Types
- Free Demo
- Mini Account
- VIP Account
- Managed Account
- Swap-Free (Islamic)
- Segregated Account
Base currencies include USD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD and CAD, which helps you avoid conversion fees if you fund in your own currency.
Trading Platforms and Markets
You can trade from any browser through the web platform or on the go with mobile trading apps.
Deposits and Withdrawals
OctaFX uses the same 12 methods for funding and withdrawals, which makes cash-outs simple — you normally withdraw through the method you deposited with.
- Bank wire
- Debit/Credit card
- Neteller
- Skrill
- FasaPay
- Local Payment means in: Indonesia
- Malaysia
- Bangladesh
- Pakistan
- Nigeria
- Thailand
- India
Verify your account (ID and proof of address) before your first withdrawal to avoid delays.
OctaFX 50% Bonus on Each Deposit
How to Claim the OctaFX Bonus
- Register a live account through the link above.
- Verify your ID and proof of address.
- Request the 50% bonus in your client area.
- Trade the required lots within the time limit.
- Withdraw your eligible profits.
The bonus credit itself cannot be withdrawn — only profits that meet the trading conditions. Bonus terms can change, so always read the current rules on the OctaFX website.
BestGuide
GuideGuide