OCTAFX

 

OCTAFX BROKER REVIEW

OCTAFX REVIEW AND INFORMATION

Is OCTAFX a safe and reliable broker? Is OCTAFX.COM a good forex broker? Find the latest trader’s reviews for OCTAFX, get the details and information of OCTAFX trading broker. Find out all about initial deposits, regulations, features, platforms, customer support and much more when trading with OCTAFX Broker.

review octafx

ABOUT OCTAFX

OCTAFX RATING REVIEW

OctaFX
  • Support
  • Features
  • Withdraw
  • Spread
  • Overall
4.6

Summary

OctaFX is one of those Forex brokers that have an excellent reputation in the financial markets due to their unique service offering, which caters to the different requirements of a wide variety of retail traders.

OctaFX was founded in 2011 and offers Forex ECN trading, as well as CFD trading on Indices, Metals and Cryptocurrencies, across the MetaTrader and cTrader suite of trading platforms for Windows Desktop, Web (Windows and Mac) and Mobile (Android and iOS), as well as their own OctaFX Trading App.
OctaFX is recognised globally for offering the lowest spreads in the industry and prides itself on its award-winning trading conditions. OctaFX is an excellent provider of CFD and Forex trading to clients in over 100 countries. The broker uses separate accounts to keep protected customers funds segregated from the company’s balance sheets.

OCTAFX is built for those who want to day-trade currencies at high leverage and low minimum deposits. The services and features offered by OctaFX are designed for both beginner and professional traders, with access to Micro, Pro and ECN accounts, as well as the OctaFX Copy Trading programme and an impressive range of education and trading research tools including AutoChartist.
Accounts can be opened with a balance of just $5 and leverage is available as high as 1:500. This means that anyone can open an account on Octa Markets without needing to worry about high barriers to entry in order to engage in currency trading.

OctaFX seems to be highly committed to ensuring an excellent result in customer satisfaction and client retention. They really care about their clients and their customer support team is proven to be the most helpful and professional in the industry. In addition, their bonuses and competition offers are worth mentioning as well.
OctaFX proves to be highly proactive in eradicating consumer complaints by actively working with their clients and ironing out issues through amicable means. They offer exhaustive Education section and free demo account with exactly the same conditions and execution speed as the real one. It comes in handy for beginners or those who want to test-drive OctaFX services without risking personal funds.

octafx review company
octafx trading review
OCTAFX TRUSTWORTHY TRADING EXPERIENCE

OctaFX offers an ECN account for as low as $5 initial deposit and is one of the very few brokers to do so. $5 qualifies for either an MT4 Micro account or the cTrader ECN account. MT4 and cTrader are the two primary OctaFX platforms, and the broker has covered a majority of the traders by offering two of the most popular platforms in the currency market. Although MT4 is the more popular among the two trading programs, cTrader offers advanced trading features that suit a particular group of retail and institutional traders. cTrader platforms are also better matched for the ECN platform, which essentially lowers the OctaFX spreads to 0 pips with a small commission per trade.

OctaFX supports multiple payment options and also offers a local currency deposit option for traders in 100 different countries. The $5 minimum deposit option is only available through credit cards or local bank transfers, while a minimum deposit of $50 is required for online payment processors such as Skrill and Neteller.
OCTAFX offers negative balance protection and segregation of client funds.

OctaFX spreads are highly competitive for all three different account types, and the commissions are also on the lower side. The quotes at OctaFX are quoted at up to 5 decimal places and start from as low as zero pips for their ECN accounts.
The cTrader account is also free from SWAP, which can further reduce the cost of trading for overnight trades.

OCTAFX really care about their clients and their customer support team is proven to be the most helpful and professional in the industry. OctaFX has an award-winning customer support channel, and it is their unwavering devotion towards their clients that has earned an excellent reputation for the company.
OctaFX offers 24 hours a day, 5 days a week customer support through Live Chat, Email, Phone, WhatsApp and an Enquiry Form across multiple languages including English, Indonesian, Hindi, Chinese and more.

OCTAFX SERVICE PERFORMANCE

        
  • 97%

    Server Speed

  •     
  • 90%

    Deposit Withdrawal

  •     
  • 95%

    Reliability

  •     
  • 92%

    Customer Support

octafx profit review

Professional Trading Condition

MT4 and cTrader are the two primary OctaFX platforms, and the broker has covered a majority of the traders by offering two of the most popular platforms in the currency market. cTrader platforms are also better matched for the ECN platform, which essentially lowers the OctaFX spreads to 0 pips with a small commission per trade.

Deposit Withdraw Options

Depositing and withdrawing funds from OctaFX are commission-free and the broker, offers a 50% deposit bonus as shown in the Deposit section of the OctaFX Personal Area. Minimum deposits for Neteller and Skrill are both 50 USD. While withdrawals also have a minimum amount of 5 USD users will need to verify their accounts by verifying their name and residence.

Extensive of Trading Instruments

The tradable products available from OctaFX vary depending on the type of account opened (MT4 Micro, MT4 Pro, cTrader ECN) but covers Forex, Indices, Metals and Cryptocurrencies. Trading costs such as spreads, commissions and swaps vary depending on the account type and the trading platform being used.

More Trading Features

OctaFX offers a variety of additional trading features such as Copy Trading and the AutoChartist trading and research tool. Users of OctaFX can gain access to AutoChartist trading signals which offers a variety of benefits to traders. OctaFX users can also access the broker’s copy trading services where they can follow other traders.

OCTAFX BROKER FEATURES REVIEW

WHY TRADING WITH OCTAFX BROKER

OCTAFX Trading Condition

OctaFX has already garnered a number of prestigious industry awards and favorable testimonials, a good basis for choosing this relatively new entrant in the forex broker arena.

OCTAFX Deposit Withdrawal

OctaFX supports multiple payment options and also offers a local currency deposit option for traders in 100 different countries. Boost your profitability and get a free bonus with every deposit.

OCTAFX Trading Platform

MetaTrader and cTrader suite of trading platforms for Windows Desktop, Web (Windows and Mac) and Mobile (Android and iOS), as well as their own OctaFX Trading App.

OCTAFX Safety and Secure

Client deposits are always held in safe and secure accounts, segregated from the firm’s operating capital. Account funding is 100% automatic and processed 24/7, while same day withdrawals are guaranteed.

OCTAFX Service Support

OctaFX offers an impressive range of Traders Tools including market insight reports, economic calendars, trading and profit calculators and more. Also wide range of educational articles, videos and tutorials for forex traders.

OCTAFX Partner Program

More than thousand of affiliates and IB's from 190 countries choose OCTAFX as their partner. They refers clients to OctaFX on a regular basis and earns commission from the clients’ trading activity.

OCTAFX TRADING ACCOUNT REVIEW

TYPES OF OCTAFX TRADING ACCOUNT

MICRO ACCOUNT
$5/Min Deposit
CONTRACT SIZE 1 LOT = 1,000
NO COMMISSION
SPREADS FROM (PIPS) AS LOW AS 1 PIP
LOT RESTRICTION PER TICKET 100 LOTS
STANDARD ACCOUNT
$5/Min Deposit
CONTRACT SIZE 1 LOT = 100,000
NO COMMISSION
SPREADS FROM (PIPS) AS LOW AS 1 PIP
LOT RESTRICTION PER TICKET 50 LOTS
ZERO ACCOUNT
$100/Min Deposit
CONTRACT SIZE 1 LOT = 100,000
WITH COMMISSION
SPREADS FROM (PIPS) AS LOW AS 0 PIPS
LOT RESTRICTION PER TICKET 50 LOTS

OCTAFX STATISTIC REVIEW

SOME FACTS ABOUT OCTAFX CLIENTS, TRADING VOLUME AND MORE

XM Forex Clients

CLIENTS
BILLION TRADING
COUNTRIES
OFFICES

OCTAFX DEPOSIT WITHDRAWAL REVIEW

OCTAFX DEPOSIT AND WITHDRAWAL PAYMENT METHOD

 

MORE THAN 1.500.000 SATISFIED OCTAFX TRADERS REVIEWS

OCTAFX BROKER REVIEW

Find the latest trader’s reviews for OCTAFX, get the details and information of OCTAFX trading broker

OCTAFX SUPPORT REVIEW

CONTACT OCTAFX SUPPORT FOR HELP ANYTIME

OCTAFX OFFICE

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

OCTAFX SUPPORT EMAIL

[email protected]

OCTAFX WORKING HOURS

Monday - Friday 00:00 - 23:59

Last Updated: 16/10/2019