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OctaFX

Foundation Year: 2011

Regulation: Regulated by Cyprus Securities and Exchange Commission (CySEC) Licence Number: 372/18

Headquarters: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines

1.0/5 (0 Users)

Unbiased Octa Broker Review - Make Smart Trading Decisions

Published on 25 December 2020
Broker Overview
Foundation Year2011
HeadquartersSuite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
CountrySt. Vincent and the Grenadines
Telephone+17844574224
Fax No.No
Regulated ByRegulated by Cyprus Securities and Exchange Commission (CySEC) Licence Number: 372/18
Min. Deposit5
Max Leverage1:1000
Withdrawal MethodsBank wire, Debit/Credit card, Neteller, Skrill, FasaPay, Local Payment means in: Indonesia, Malaysia, Bangladesh, Pakistan, Nigeria, Thailand, India
Funding MethodsBank wire, Debit/Credit card, Neteller, Skrill, FasaPay, Local Payment means in: Indonesia, Malaysia, Bangladesh, Pakistan, Nigeria, Thailand, India
Base CurrenciesUSD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD, CAD
Tradable OptionsForex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures
Web TradingYes
Mobile TradingYes
Type Of BrokerSTP/ECN
Min. Spreads0.0 Pips
Free Demo AccountYes
Mini AccountsYes
VIP AccountsYes
Managed AccountsYes
Segregated AccountsYes
Swap Free AccountsYes
Promotion50% Forex Bonus on Each Deposit

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.

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