Octafx real account

Octafx real account


Octafx forex broker ensures reliable forex trading conditions to provide traders of all skill levels with an opportunity to earn more.

New forex bonuses


Octafx real account


Octafx real account


Octafx real account

This is possible due to: octafx - one of the best forex brokers on the market, for traders all round the world. Octafx offers access to CFD trading, commodity trading and indices trading with award-winning forex trading conditions. As well as access to the forex market, octafx offers a variety of promotions that can help you:


Octafx real account


Octafx real account



  • Language support: bengali, chinese, english, hindi, indonesian, malay, portuguese, spanish, thai

  • Create trading accounts, modify leverage, enable swap-free options, edit and restore passwords

  • Make deposits and withdrawals using the most popular payment options

  • View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit

  • Start trading in a compatible trading platform app

  • Top up your demo account

  • View contest statistics and access your contest accounts

  • Activate bonuses and view statistics on active and completed bonuses


get it on

Forex trading accessibility for everyone


Octafx - one of the best forex brokers on the market, for traders all round the world. Octafx offers access to CFD trading, commodity trading and indices trading with award-winning forex trading conditions. As well as access to the forex market, octafx offers a variety of promotions that can help you:


50% bonus on deposit


Negative balance protection


Why choose forex trading with octafx


Octafx forex broker ensures reliable forex trading conditions to provide traders of all skill levels with an opportunity to earn more. This is possible due to:



  • No commissions on deposits and withdrawals

  • No swaps

  • No slippage

  • No delays




Octafx


Octafx is a technology brokerage company operating since 2011 and offering industry-leading platforms such as metatrader 5 and ctrader with numerous investment opportunities.


At the beginning of its creation, octafx followed the path from an offshore brand located in saint vincent and the grenadines, and later worked in the UK, but since 2017 it closed its office in london and moved to cyprus.


Octafx business model


Octafx is an STP forex broker that also adheres to high standards of safe trading. Octafx is already well known, despite the fact that it recently received a european license.


Octafx regulation


The broker's main gap over the years was the fact that octafx was a brand of octa markets incorporated, which is registered and regulated by the laws of saint vincent and the grenadines. It is an offshore haven thanks to its tax breaks and the relative ease of starting a company. Octafx has now established its legal entity in cyprus and, accordingly, received a license from cysec, which regulates in accordance with the european ESMA standards.


Thus, we can now state that octafx and its subsidiary octa markets cyprus ltd are demonstrating strict adherence to the required operating standards for us.


Leverage


The leverage of european traders is a maximum of 1:30 for major currency pairs and 1:10 for commodities. International traders can still use up to 1: 500 leverage.


Octafx trading accounts


Broker octafx review offers two types of accounts defining trading conditions and the platform used for trading:


Octafx real account



  1. MICRO. This account is suitable for novice traders. Floating spread from 0.4 pips and fixed spread from 2 pips, leverage - up to 1: 500, trading platform - metatrader 4.

  2. PRO. This is an account for experienced traders. Floating spread from 0.2 pips, leverage - up to 1: 200, trading platform - metatrader 5.

  3. ECN. This is an account for professional traders. Floating spread from 0 pips, commission - $ 3 per lot, leverage - up to 1: 500, trading platform - ctrader.



Trading instruments


Octafx offers you a wide range of trading instruments based on the CFD trading model and offering you the ability to speculate on the price movements of forex, metals, energy and indices.


Minimum deposit


According to octafx policy, the minimum deposit is set at $ 100, which allows you to open any type of account.


Conclusions


Thus, octafx is a broker with a high-quality trading strategy, favorable trading conditions, popular platforms and a wide range of financial instruments. If earlier we had some concerns due to the fact that the octafx broker worked only through offshore, now the trust is at a good level, since octafx is regulated by the european organization cysec in accordance with the mifid directive.


Read also octafx reviews and share your impressions of this broker.



Octafx review and tutorial 2021


Octafx offers multi-asset trading on a range of platforms and mobile solutions.


Octafx offers leveraged trading on currencies.


Trade popular digital currencies at octafx.


Octafx is a forex, CFD and copy trading broker offering the MT4, MT5 and ctrader platforms. In this broker review, we’ll login to the personal area and uncover the key features, including leverage, demo accounts, regulation and more. Read on to find out if octafx is a good forex broker or not.


Octafx details


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.


Trading platforms


Metatrader 4


The MT4 platform is a trusted software used by both individual traders and institutions, due to its ease of use and flexibility.


The platform allows you to develop your own expert advisors and technical indicators to suit your trading style. In addition to the 30 in-built technical indicators, advanced charting tools allow you to analyse price fluctuations and trends in the market, using 3 customisable chart and graph types.


Note that MT4 is currently only available for non-EU clients.


Octafx real account
Octafx metatrader 4


Metatrader 5


MT5 is the next-generation platform that offers all the benefits of its predecessor but with additional speed, accuracy and more advanced features.


Users enjoy 8 types of pending orders, 44 analytical objects including gann and fibonacci retracement, plus additional technical indicators which are unique to MT5, such as trend oscillators and bill williams’ tools. There’s also an economic calendar as well as two major accounting modes for greater flexibility: hedging and netting.


Both platforms come in several languages, including english, arabic and hindi, and are compatible with windows pcs. Octafx provides a useful download guide on the website.


Octafx real account
Octafx metatrader 5


Metatrader webtrader


For those using mac pcs, octafx also offers the web terminal version of MT4 and MT5, meaning traders can access the markets straight from an internet browser.


The web platforms are highly functional and customisable, boasting the same features found in the desktop versions, including charting tools, market indicators, scripts and expert advisors, plus access to diverse order types and execution modes.


Ctrader


The ctrader platform is a robust system designed for forex and CFD trading. The platform includes over 26 in-built chart views and up to 50 chart templates on a fully customisable interface. The platform boasts an impressive suite of 70 technical indicators and 28 chart timeframes, plus advanced level scalping and visual back-testing using cbot. With full market depth, traders can also execute advanced online trading strategies as well as programmable algorithms.


The ctrader platform is ready to download from the website once you have completed the registration process. The ctrader web terminal is also available for macos users.


Octafx real account
Octafx ctrader


Markets


Octafx offers some of the most popular products, including:



  • Forex – 28 currency pairs including EUR/USD and USD/JPY

  • Indices – 10 CFD indices available such as US30 and NASDAQ

  • Commodities – including spot gold and silver contracts, plus brent and crude oil

  • Cryptocurrencies – 3 major digital currencies available; bitcoin, ethereum and litecoin



Trading fees


Typical variable spreads for EUR/USD are around 0.7 pips in both the metatrader and ctrader platforms. Gold spreads (XAUUSD) start from around 2 pips and major indices such as NAS100 are around 3.5 points. Bitcoin spreads (BTCUSD) are around 3.1 pips. Fixed spreads are also available for MT4 USD accounts.


Trading commissions are only charged in the ctrader account, at 0.03 USD per 0.01 lots. There are also rollover rates applied on positions held over 3 days. Details of these fees are listed in the product specifications.


Leverage


Octafx offers generous leverage limits up to 1:500 for currencies in the MT4 and ctrader accounts. Leverage in the MT5 account is available up to 1:200 on currencies. Metals can be leveraged up to 1:200, indices and energies up to 1:50, and cryptocurrencies up to 1:2.


Note that EU clients can only trade with leverage up to 1:30.


Mobile apps


Octafx delivers mobile app versions of the MT4, MT5 and ctrader platforms, available for iphone and android devices. The apps offer many of the essential features found in the desktop applications, including a complete set of orders in metatrader and full balance, margin and P&L information in ctrader. All trading apps come with a customisable mobile interface with clean and accurate trading functions, as well as custom mobile price alerts.


Octafx real account
Octafx MT4 mobile app


Octafx (non-EU) also offers a downloadable proprietary copy trading mobile app, currently available only on android (APK) devices. The app allows you to manage and keep track of trading accounts whilst on the go. Users can also activate bonuses, access trader tools and deposit into their accounts. The app download process is quick and can be accessed from the google play store.


Octafx real account
Octafx mobile app


Payment methods


Octafx offers a few fast funding methods which vary depending on your origin country, including bank cards, perfect money and bitcoin. Local bank transfers are also available for traders from certain countries, including thailand, india and nigeria.


The minimum withdrawal and deposit amounts are 5 USD for perfect money, 0.00096000 for bitcoin and 50 EUR for cards. All deposits methods are generally processed instantly or within a few minutes.


There are no commissions charged on deposits, withdrawals or currency exchange rates, except for 0.5% on perfect money deposits. The withdrawal time for all methods is 1 to 3 hours to approve and up to 30 minutes to transfer the funds. There is no withdrawal limit on earnings.


Demo account review


Octafx traders can open a demo account which provides the same trading experience as a live account but without risking any real investment. Each demo account is loaded with unlimited demo dollars and opportunities to participate in the broker’s demo contest to be one of the next champions. You can sign up for a free demo account in just a few minutes.


Octafx bonuses & promo codes


Octafx (non-EU) offers several deposit bonus deals, including a 50% bonus and a 100% bonus during special offer periods. In addition, there’s the trade & win promotion where traders can win gifts such as octafx t-shirts or gadgets. There are also contest opportunities, including the octafx 16 cars contest where traders are entered into a car prize draw every 3 months, as well as the champion demo contest 2020 for MT4 users.


Make sure to check all bonus terms and conditions before participating.


Regulation review


Octa markets cyprus ltd is authorised and regulated by the cyprus securities and exchange commission (cysec), under license number 372/18. EU member state residents are therefore protected by strict regulatory standards, including segregated client accounts and protection by the investor compensation fund.


The non-EU entity also claims to provide segregated client accounts to protect trader funds, as well as negative balance protection which ensures that trader account balances never fall below zero.


Additional features


Traders benefit from a range of additional education features and trading tools at octafx, including video tutorials and webinars, plus regular forex market insights and news. The brokerage also offers profit and margin calculators, as well as a forex signal service with the autochartist plugin and live quotes.


Octafx also offers a copy trading service, which is available on the desktop terminal and through the android mobile app. The copy trading services allows clients to automatically copy leading traders based on the equity and leverage of both the master trader and the copier’s accounts.


Octafx real account
Octafx economic calendar


Account types


There are 3 account types available at octafx, which are determined by the trading platform you are using: micro (MT4), pro (MT5) and ECN (ctrader). Accounts are available in USD or EUR. The minimum trade volume across all accounts is 0.01 lots and there is no maximum.


The main differences between the accounts is the assets available to trade, the spreads and the minimum deposit amounts. The micro and ECN minimum deposit is 100 USD. The minimum deposit in the pro account is 500 USD. Commissions are also charged in the ECN account.


Account opening is easy and requires the submission of ID documents in line with KYC requirements. In most cases, if your documents are submitted clearly, verification should only take up to 3 hours.


There is also an islamic swap-free account for those worried about whether trading is haram or halal. Note clients from the united states are not accepted at octafx or octa markets cyprus ltd.


Benefits


Traders enjoy several benefits when trading with octafx vs the likes of FBS, IQ option and exness:



  • Metatrader and ctrader platforms

  • Bonuses and contests (non-EU)

  • Commission-free trading

  • EU regulation



Drawbacks


Compared to other brokers such as hotforex, XTB and olymptrade, octafx does fall short in some areas:



  • Not FCA regulated

  • Limited funding methods

  • Zero pip spreads unavailable

  • No copy trading on ios devices



Trading hours


Trading times in the MT4 and MT5 platforms are 24/5, from 00:00 on monday to 23:59 on friday server time (EET/EST). The ctrader server time zone is UTC +0, though you can set other time zones, such as GMT, for charts and trading information.


Customer support


For telephone support, non-EU clients can contact the helpline, +44 20 3322 1059, between 00:00 and 24:00, monday to friday (EET). For EU clients, the number to call is +357 25 251 973 between 09:00 and 18:00, monday to friday (EET).


There is also an email form, however, the fastest way to get in touch is via the 24/7 live chat service, which you can access by clicking on the chat logo at the bottom of the website. The support team are helpful if you need to know your withdrawal pin, any platform problems, VPS questions, or you want to delete an account.


In addition, you can find updates on the broker’s social media pages, as well as the octafx youtube channel.


The broker’s head office addresses are:



  • Octafx, suite 305, griffith corporate centre, beachmont, kingstown, st vincent and the grenadines

  • Octa markets cyprus ltd, 1 agias zonis and thessalonikis corner, nicolau pentadromos center, block: B’, office: 201, 3026, limassol, cyprus



The broker’s website is available in a number of languages for clients from indonesia, malaysia, pakistan and india.


Security


Octafx uses 128-bit SSL encryption and PIN codes in the personal area and trading platforms, which is the industry-standard security requirement for protecting personal data. The broker also applies 3D secure visa authorisation when processing credit and debit card transactions.


Octafx verdict


Octafx offers a promising trading service for novices and experienced traders, with a choice of metatrader or ctrader platforms as well as the copytrading app. The broker offers fee-free deposits and withdrawals, plus islamic accounts and a demo solution. The ECN spreads are also decent, though not as competitive as the zero spread accounts offered at other brokers like XM, for example.


Accepted countries


Octafx accepts traders from australia, thailand, canada, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.


Traders can not use octafx from united states.


Is octafx a legit company and regulated broker?


Octafx is a legit company registered in saint vincent and the grenadines. The EU entity is registered in limassol, cyprus and regulated by cysec. If you’re unsure whether a broker is a scam or legit company, you can always check out customer reviews online.


Is octafx a market maker?


No, octafx is a no dealing desk (NDD) broker and therefore acts as an intermediary between the trader and the real market. Octafx receives commissions from its liquidity providers for each transaction.


How do I delete my octafx account?


To delete your account, you will need to get in touch with the customer support team. Note accounts are automatically deactivated if you never deposit or sign in to them.


How do I open a copytrading account at octafx?


You can sign up and login to the copytrading account in a few easy steps. Once you login to your personal area, you can set up your copytrading profile and make a deposit to your wallet. You can also sign in to your new account using the android app.


Why was my octafx withdrawal rejected?


If you encounter a withdrawal problem, you will receive a notification in your email explaining the issue. Alternatively, if you need to cancel a withdrawal, you can do this within your personal area.


Does octafx offer any free bonus deals?


At the time of writing, octafx is not offering any free bonus deals, no deposit bonus deals or promo codes. There are other promotions available for non-EU clients. Make sure to check the bonus conditions before participating.



Yes, you can legally open an octafx account from 100 countries, including india, pakistan, singapore, ghana and the UAE.



OPEN FREE FOREX DEMO ACCOUNT WITH OCTAFX


Octafx real account


Octafx real account


Octafx real account


Octafx real account


PRACTICING AT YOUR OWN PACE


Octafx understands that new traders need time to get familiar with tools and market specifics. Octafx considers it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.


Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!



Octafx REVIEW 2020


Octafx summary


Who is octafx


Octafx is an online financial service provider that was created in 2011, with a head office in st. Vincent and the grenadines. They are also approved and regulated by cysec, and can fully provide services to clients from the european union. In this octafx review we will mention some of the rich and unique features that cannot be found in most brokers.


Octafx offers FX spot trading, along with cfds trading on cryptocurrencies, indices, metals and commodities.


They support trading platforms such as metatrader and ctrader, which are available on web, mobile, and desktop. Octafx also has their own mobile trading application.


Octafx has a website that is approved by the cyprus securities and exchange commission, also known as cysec that is under the octa-markets cyprus ltd.


The brokerage firm is headquartered in st. Vincent and the grenadines, which means it can offer a range of services to clients from around the globe. Because of this license, traders who choose this broker have the benefit of enjoying higher leverage and unrestricted bonus promotions.


The financial services and elements that are part of what octafx offers are made available for both novice and expert traders. For that reason, they have three types of accounts that accommodate every level of trading.


New clients who will open a new account with octafx are going to face different options because of limitations on promotions and leverage from the recent regulatory requirements of ESMA.



Octafx review and tutorial 2021


Octafx offers multi-asset trading on a range of platforms and mobile solutions.


Octafx offers leveraged trading on currencies.


Trade popular digital currencies at octafx.


Octafx is a forex, CFD and copy trading broker offering the MT4, MT5 and ctrader platforms. In this broker review, we’ll login to the personal area and uncover the key features, including leverage, demo accounts, regulation and more. Read on to find out if octafx is a good forex broker or not.


Octafx details


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.


Trading platforms


Metatrader 4


The MT4 platform is a trusted software used by both individual traders and institutions, due to its ease of use and flexibility.


The platform allows you to develop your own expert advisors and technical indicators to suit your trading style. In addition to the 30 in-built technical indicators, advanced charting tools allow you to analyse price fluctuations and trends in the market, using 3 customisable chart and graph types.


Note that MT4 is currently only available for non-EU clients.


Octafx real account
Octafx metatrader 4


Metatrader 5


MT5 is the next-generation platform that offers all the benefits of its predecessor but with additional speed, accuracy and more advanced features.


Users enjoy 8 types of pending orders, 44 analytical objects including gann and fibonacci retracement, plus additional technical indicators which are unique to MT5, such as trend oscillators and bill williams’ tools. There’s also an economic calendar as well as two major accounting modes for greater flexibility: hedging and netting.


Both platforms come in several languages, including english, arabic and hindi, and are compatible with windows pcs. Octafx provides a useful download guide on the website.


Octafx real account
Octafx metatrader 5


Metatrader webtrader


For those using mac pcs, octafx also offers the web terminal version of MT4 and MT5, meaning traders can access the markets straight from an internet browser.


The web platforms are highly functional and customisable, boasting the same features found in the desktop versions, including charting tools, market indicators, scripts and expert advisors, plus access to diverse order types and execution modes.


Ctrader


The ctrader platform is a robust system designed for forex and CFD trading. The platform includes over 26 in-built chart views and up to 50 chart templates on a fully customisable interface. The platform boasts an impressive suite of 70 technical indicators and 28 chart timeframes, plus advanced level scalping and visual back-testing using cbot. With full market depth, traders can also execute advanced online trading strategies as well as programmable algorithms.


The ctrader platform is ready to download from the website once you have completed the registration process. The ctrader web terminal is also available for macos users.


Octafx real account
Octafx ctrader


Markets


Octafx offers some of the most popular products, including:



  • Forex – 28 currency pairs including EUR/USD and USD/JPY

  • Indices – 10 CFD indices available such as US30 and NASDAQ

  • Commodities – including spot gold and silver contracts, plus brent and crude oil

  • Cryptocurrencies – 3 major digital currencies available; bitcoin, ethereum and litecoin



Trading fees


Typical variable spreads for EUR/USD are around 0.7 pips in both the metatrader and ctrader platforms. Gold spreads (XAUUSD) start from around 2 pips and major indices such as NAS100 are around 3.5 points. Bitcoin spreads (BTCUSD) are around 3.1 pips. Fixed spreads are also available for MT4 USD accounts.


Trading commissions are only charged in the ctrader account, at 0.03 USD per 0.01 lots. There are also rollover rates applied on positions held over 3 days. Details of these fees are listed in the product specifications.


Leverage


Octafx offers generous leverage limits up to 1:500 for currencies in the MT4 and ctrader accounts. Leverage in the MT5 account is available up to 1:200 on currencies. Metals can be leveraged up to 1:200, indices and energies up to 1:50, and cryptocurrencies up to 1:2.


Note that EU clients can only trade with leverage up to 1:30.


Mobile apps


Octafx delivers mobile app versions of the MT4, MT5 and ctrader platforms, available for iphone and android devices. The apps offer many of the essential features found in the desktop applications, including a complete set of orders in metatrader and full balance, margin and P&L information in ctrader. All trading apps come with a customisable mobile interface with clean and accurate trading functions, as well as custom mobile price alerts.


Octafx real account
Octafx MT4 mobile app


Octafx (non-EU) also offers a downloadable proprietary copy trading mobile app, currently available only on android (APK) devices. The app allows you to manage and keep track of trading accounts whilst on the go. Users can also activate bonuses, access trader tools and deposit into their accounts. The app download process is quick and can be accessed from the google play store.


Octafx real account
Octafx mobile app


Payment methods


Octafx offers a few fast funding methods which vary depending on your origin country, including bank cards, perfect money and bitcoin. Local bank transfers are also available for traders from certain countries, including thailand, india and nigeria.


The minimum withdrawal and deposit amounts are 5 USD for perfect money, 0.00096000 for bitcoin and 50 EUR for cards. All deposits methods are generally processed instantly or within a few minutes.


There are no commissions charged on deposits, withdrawals or currency exchange rates, except for 0.5% on perfect money deposits. The withdrawal time for all methods is 1 to 3 hours to approve and up to 30 minutes to transfer the funds. There is no withdrawal limit on earnings.


Demo account review


Octafx traders can open a demo account which provides the same trading experience as a live account but without risking any real investment. Each demo account is loaded with unlimited demo dollars and opportunities to participate in the broker’s demo contest to be one of the next champions. You can sign up for a free demo account in just a few minutes.


Octafx bonuses & promo codes


Octafx (non-EU) offers several deposit bonus deals, including a 50% bonus and a 100% bonus during special offer periods. In addition, there’s the trade & win promotion where traders can win gifts such as octafx t-shirts or gadgets. There are also contest opportunities, including the octafx 16 cars contest where traders are entered into a car prize draw every 3 months, as well as the champion demo contest 2020 for MT4 users.


Make sure to check all bonus terms and conditions before participating.


Regulation review


Octa markets cyprus ltd is authorised and regulated by the cyprus securities and exchange commission (cysec), under license number 372/18. EU member state residents are therefore protected by strict regulatory standards, including segregated client accounts and protection by the investor compensation fund.


The non-EU entity also claims to provide segregated client accounts to protect trader funds, as well as negative balance protection which ensures that trader account balances never fall below zero.


Additional features


Traders benefit from a range of additional education features and trading tools at octafx, including video tutorials and webinars, plus regular forex market insights and news. The brokerage also offers profit and margin calculators, as well as a forex signal service with the autochartist plugin and live quotes.


Octafx also offers a copy trading service, which is available on the desktop terminal and through the android mobile app. The copy trading services allows clients to automatically copy leading traders based on the equity and leverage of both the master trader and the copier’s accounts.


Octafx real account
Octafx economic calendar


Account types


There are 3 account types available at octafx, which are determined by the trading platform you are using: micro (MT4), pro (MT5) and ECN (ctrader). Accounts are available in USD or EUR. The minimum trade volume across all accounts is 0.01 lots and there is no maximum.


The main differences between the accounts is the assets available to trade, the spreads and the minimum deposit amounts. The micro and ECN minimum deposit is 100 USD. The minimum deposit in the pro account is 500 USD. Commissions are also charged in the ECN account.


Account opening is easy and requires the submission of ID documents in line with KYC requirements. In most cases, if your documents are submitted clearly, verification should only take up to 3 hours.


There is also an islamic swap-free account for those worried about whether trading is haram or halal. Note clients from the united states are not accepted at octafx or octa markets cyprus ltd.


Benefits


Traders enjoy several benefits when trading with octafx vs the likes of FBS, IQ option and exness:



  • Metatrader and ctrader platforms

  • Bonuses and contests (non-EU)

  • Commission-free trading

  • EU regulation



Drawbacks


Compared to other brokers such as hotforex, XTB and olymptrade, octafx does fall short in some areas:



  • Not FCA regulated

  • Limited funding methods

  • Zero pip spreads unavailable

  • No copy trading on ios devices



Trading hours


Trading times in the MT4 and MT5 platforms are 24/5, from 00:00 on monday to 23:59 on friday server time (EET/EST). The ctrader server time zone is UTC +0, though you can set other time zones, such as GMT, for charts and trading information.


Customer support


For telephone support, non-EU clients can contact the helpline, +44 20 3322 1059, between 00:00 and 24:00, monday to friday (EET). For EU clients, the number to call is +357 25 251 973 between 09:00 and 18:00, monday to friday (EET).


There is also an email form, however, the fastest way to get in touch is via the 24/7 live chat service, which you can access by clicking on the chat logo at the bottom of the website. The support team are helpful if you need to know your withdrawal pin, any platform problems, VPS questions, or you want to delete an account.


In addition, you can find updates on the broker’s social media pages, as well as the octafx youtube channel.


The broker’s head office addresses are:



  • Octafx, suite 305, griffith corporate centre, beachmont, kingstown, st vincent and the grenadines

  • Octa markets cyprus ltd, 1 agias zonis and thessalonikis corner, nicolau pentadromos center, block: B’, office: 201, 3026, limassol, cyprus



The broker’s website is available in a number of languages for clients from indonesia, malaysia, pakistan and india.


Security


Octafx uses 128-bit SSL encryption and PIN codes in the personal area and trading platforms, which is the industry-standard security requirement for protecting personal data. The broker also applies 3D secure visa authorisation when processing credit and debit card transactions.


Octafx verdict


Octafx offers a promising trading service for novices and experienced traders, with a choice of metatrader or ctrader platforms as well as the copytrading app. The broker offers fee-free deposits and withdrawals, plus islamic accounts and a demo solution. The ECN spreads are also decent, though not as competitive as the zero spread accounts offered at other brokers like XM, for example.


Accepted countries


Octafx accepts traders from australia, thailand, canada, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.


Traders can not use octafx from united states.


Is octafx a legit company and regulated broker?


Octafx is a legit company registered in saint vincent and the grenadines. The EU entity is registered in limassol, cyprus and regulated by cysec. If you’re unsure whether a broker is a scam or legit company, you can always check out customer reviews online.


Is octafx a market maker?


No, octafx is a no dealing desk (NDD) broker and therefore acts as an intermediary between the trader and the real market. Octafx receives commissions from its liquidity providers for each transaction.


How do I delete my octafx account?


To delete your account, you will need to get in touch with the customer support team. Note accounts are automatically deactivated if you never deposit or sign in to them.


How do I open a copytrading account at octafx?


You can sign up and login to the copytrading account in a few easy steps. Once you login to your personal area, you can set up your copytrading profile and make a deposit to your wallet. You can also sign in to your new account using the android app.


Why was my octafx withdrawal rejected?


If you encounter a withdrawal problem, you will receive a notification in your email explaining the issue. Alternatively, if you need to cancel a withdrawal, you can do this within your personal area.


Does octafx offer any free bonus deals?


At the time of writing, octafx is not offering any free bonus deals, no deposit bonus deals or promo codes. There are other promotions available for non-EU clients. Make sure to check the bonus conditions before participating.



Yes, you can legally open an octafx account from 100 countries, including india, pakistan, singapore, ghana and the UAE.



Octafx real or fake | complete review


Octafx review : – hello friends and welcome to our official website ecyberplanet.Com . In today’s post, we will see about an online trading app and website named octafx trading app, and find out whether it is real or fake. We are sure that you have many questions about octafx trading app, such as what is octafx trading?, who is the owner of octafx?, is octafx is fake or real?, octafx trading is safe or not?, is octafx is real or fake, how does octafx works? And many more others.


Octafx real account


Octafx real or fake


Please read this complete article in order to get answers of all your questions about octafx trading app. Please share your experience and feedback to help others after finding your queries. Your feedback and experience will help number of other people who do not know about this application. So friends, let’s start by moving this post forward.


What is octafx?


You may heard about an online trading application named octafx trading app. It is a well established forex and CFD broker that has grown over the past few years. The platform has been activated since 2011 and has proven to be reliable for people interested in trading.


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The company that controls the broker is called octa markets limited and their offices are located in suite 305, griffith corporate centre, kingston.


Features of octafx trading app:



  • You can manage your trading accounts

  • In app you can create trading accounts, modify leverage etc.

  • Many language supported

  • Multiple payment options

  • Compatible platform for trading app

  • You can top up your demo account


‘octafx’ is real or fake:


If you want a quick review of ‘octafx’, we advise you that currently it is safe.


App details:



  • Name – octafx trading app

  • Status – doubtful

  • App type – finance

  • Developer – octafx

  • Language – bengali, english, chinese, hindi,malay, spanish, thai etc.

  • Contact – support@octafx.Com

  • Minimum deposit – 5 dollars

  • Withdrawal period – 1 day to 3 day



According to our review we found that octafx is not officially illegal in india. In india all the share trading platforms are monitored by SEBI, but while reviewing it we did not find any link between octafx and SEBI (securities exchange board of india) or RBI.


That means if a trader have any issues with application transactions then indian authorities will not be able to help in this matter. As octafx is not monitored by indian authorities, various indian nationalized banks are not dealing with the platform directly.


We take a look at many reviews on internet, and I was not shocked to find complaints. After reviewing so many websites and apps, I know how they work.


Does it mean octafx is a scam?


According to our review currently octafx is safe and has proven to be reliable for people interested in forex trading.


Octafx pros and cons:



  • Multilingual support

  • Withdrawal period :- 24 hours to 3 days

  • Responsive customer support

  • Tight spreads




  • Little network errors.

  • No referral program

  • Minimum deposit – 5 dollars

  • Lack of licensing or certifications.

  • Limited deposit and withdrawal options

  • Limited range of instruments and markets



So according to our review octafx is safe but it has lack of licensing and certification.


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Please include a message in our comment box if you have any questions or wish to share your experience with us. We are looking forward to helping you.


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Octafx REVIEW 2020


Octafx summary


Who is octafx


Octafx is an online financial service provider that was created in 2011, with a head office in st. Vincent and the grenadines. They are also approved and regulated by cysec, and can fully provide services to clients from the european union. In this octafx review we will mention some of the rich and unique features that cannot be found in most brokers.


Octafx offers FX spot trading, along with cfds trading on cryptocurrencies, indices, metals and commodities.


They support trading platforms such as metatrader and ctrader, which are available on web, mobile, and desktop. Octafx also has their own mobile trading application.


Octafx has a website that is approved by the cyprus securities and exchange commission, also known as cysec that is under the octa-markets cyprus ltd.


The brokerage firm is headquartered in st. Vincent and the grenadines, which means it can offer a range of services to clients from around the globe. Because of this license, traders who choose this broker have the benefit of enjoying higher leverage and unrestricted bonus promotions.


The financial services and elements that are part of what octafx offers are made available for both novice and expert traders. For that reason, they have three types of accounts that accommodate every level of trading.


New clients who will open a new account with octafx are going to face different options because of limitations on promotions and leverage from the recent regulatory requirements of ESMA.



Octafx complete guide for beginners | forex trading


Octafx is a forex ECN broker offering trade on forex, indices, metals, and cryptocurrencies via cfds, across the metatrader and ctrader suite of trading platforms as well as their own octafx trading app.


OCTAFX IS A GOOD BROKER


As we all know by its name that it is one of those forex brokers that are having stable status in financial markets due to their unmatched service offerings. As for as it is concerned with octafx, they kept it simple for the new arrivals in trading fields. It ensures satisfactory and good results in customer satisfaction services and structure offered by octafx are for both initials and professional traders.


OCTAFX OFFICE IN PAKISTAN


If you need any help related to octafx in pakistan you can contact us:


Phone: +92-3007933076 (amir sohail)


Email address sajaval7272@gmail.Com


Open your real trading account with octafx.Com


There are three methods of deposit and withdrawal in pakistan.



  • E-currency (if you have ever gone through skill so it is possible to withdraw and deposit your currency). If not so you have to deal with a little bit of difficulty. To use E-currency you have to pass both levels of forex verification.

  • As before you can easily deposit or withdraw your currency in PAKISTAN via bank but nowadays STATE BANK restricted it due to some reasons so you are not able to withdraw/deposit. If you any ATM card with you along with the bank’s permission so you can go through it.

  • We have an international team from the USA and UK who can withdraw/deposit, for this, we give account number to the customer in which they can deposit their amount in rupees. After depositing in local bank customer informs us and provides FOREX number and other required details to us, within one hour we deposit your amount to the forex account. As this is through the international bank so there include some extra charges which customer has to pay. This is somehow costly but there is only a legal and secure way. Customers mostly go with the third step.



OCTAFX PROFIT CALCULATOR


It is a simple tool to help forex traders to buy and invest something big. For this you need to select the currency pair and volume you want to trade, the way you want to trade, toggle the open and close both prices to calculate your profit potentials. To get familiar with this app you need to go through it keenly and observe so that you will be able to know the movements of the market and deal with your trading with this handy machine. This calculator shows a breakdown of your net profit, including gross profit, swaps, and trading fees.


OCTAFX DEPOSIT METHODS:


To engage yourself with trading on the forex account you need to deposit. Before deposit, keep in mind that there is no commission on withdrawal or deposit. It also does not limit the number of deposits for twenty four hours. Deposit with local banks is processed within 1-3 hours.


LOGIN INTO ACCOUNT –DEPOSIT


OCTAFX LOCAL DEPOSIT


Deposits of local banks are processed within 1-3 hours, credit/debit card and E-wallet deposits are on time. Minimum deposits for pro accounts on metatrader 5 are $500. Many countries including PAKISTAN, INDONESIA, and MALAYSIA can use local banks for forex trading. Octafx helps a variety of banks for trading purposes.


OCTAFX WITHDRAWAL OPTIONS


For this process, you need to undergo further steps.


Log in to your personal area on your site. Two ways to withdraw



  • Wallet account

  • Trading account.



Have a look on withdrawing from your wallet-open the app and view the main menu by entering the icon in the right-top of the screen. Then press “withdraw” under your wallet balance.


Another way is by the trading center: select the account from which you want to withdraw money on the screen, and then press withdraws you will be able to see different options mentioned in your area. Select which is perfect for you.





So, let's see, what we have: trade with reliable broker and best conditions: low spreads, no swaps, no commissions. Claim and withdraw 50% deposit bonus! At octafx real account

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