Octa fx minimum deposit

Octafx deposit bonuses are unfortunately unavailable to traders who are based in the EU and trading within this regulatory area.

New forex bonuses

OctaFX Minimum Deposit Guide (2021), octa fx minimum deposit.

The reasoning behind this is likely to do with the stringent ESMA regulations in place and a desire from all the best forex brokers to remain completely transparent and compliant. The minimum deposit with octafx here is 0.00045 BTC.

Octafx minimum deposit guide (2021)

Trading with octafx, your first port of call should certainly be our octafx broker review. Once you have taken a look at this, you should have a broad knowledge of the broker offering and features.

With that knowledge, you are likely ready to begin trading and find out more information on precise areas of the broker, the octafx minimum deposit for example.

Here we will outline exactly that and how it may change based on the octafx account type and funding method you choose.

This information will all help you make the best trading decisions possible on your future broker.

74-89% of retail CFD accounts lose money

Octafx account base currency

The account base currency is the currency that you can select to trade with. When it comes to octafx, this base currency can differ depending on the region you are trading from. Within europe, the only base currency made available is euro, while within other areas known as the global market, both euro and US dollar are catered for.

Octafx funding methods

The funding methods available through octafx will again depend on where you are based. As a very attractive positive point though, these methods do not feature any kind of octafx commission either on deposits or withdrawals. Let’s take a closer look at exactly what funding methods you will have to choose from as a trader.

Wire transfer

Octafx wire transfers are available to traders within europe only at this time. This is one of several common deposit methods that the broker offers.

When it comes to processing time, this type of octafx deposit typically takes between 3-7 working days to process. It could be faster but this is the guideline they provide to ensure your funds are available.

As mentioned above, there are no octafx commissions applied, although you should double-check with your own bank as they may have a policy to charge fees on wire transfers from their end.

The minimum octafx deposit for a wire transfer is 50 EUR/USD.

Credit card

Naturally, credit and debit card deposits are hugely popular among octafx traders and those of any top forex broker where they are facilitated. Both visa and mastercard are catered for and the deposits made through this method are typically available for you to trade with right away.

As is the case with every octafx deposit method, no commission is applied from the broker side here and again the minimum octafx deposit associated with this funding type is 50 EUR/USD.

Bitcoins

Bitcoin is growing in popularity as a funding method throughout the industry and is also offered by octafx. Octafx bitcoin deposits again attract no commission or fees from the broker at all, though there will likely be a small fee from the bitcoin network to mine your deposit on the way through. This amount should be negligible though.

The minimum deposit with octafx here is 0.00045 BTC.

Neteller and skrill

Both of these popular funding methods are available through octafx. These deposit options are only available for those trading within the global market regulation and again there are no commissions or fees to worry about from the octafx broker side.

The processing time is typically instant so your funds should be available right away, and the minimum deposit using this method is $50.

74-89% of retail CFD accounts lose money

Octafx minimum deposits

Having taken a look at the minimum deposit applied to each funding method, let’s now look at how this impacts the octafx account types you can choose from.

In fact, there is no minimum deposit in place on account types, as many other forex trading no minimum deposit brokers. It is therefore referred to the funding method you use to decide the minimum deposit you have to meet.

Micro MT4 account

The octafx micro MT4 account is ideal for newer traders as it allows trading in micro-lots at low-risk levels.

This account type is not currently available to those trading from within europe, just global market traders only, and since there is no octafx minimum deposit, the broker just recommends a deposit of $100 to best use their services.

As with the other account types available, it can be turned into an islamic account where needed.

MT5 account

The octafx MT5 account type is available worldwide and with again no minimum octafx deposit in place, only a recommendation is made by the broker. This is a 100 euro deposit if you are trading within europe, and a $500 deposit if you are trading in other market areas.

As mentioned above, an islamic account is also available for this account type on request.

Ctrader account

Again the octafx ctrader account for those who prefer the ctrader platform and the ECN execution it offers is available to all traders around the world.

A 100 euro recommended deposit is in place for traders based in europe, while a $100 recommendation applies to those trading under the world market regulations.

Related guides:

Deposit bonus

Octafx deposit bonuses are unfortunately unavailable to traders who are based in the EU and trading within this regulatory area. The reasoning behind this is likely to do with the stringent ESMA regulations in place and a desire from all the best forex brokers to remain completely transparent and compliant.

50% deposit bonus

In other market areas, an octafx deposit may be available. The conditions behind this octafx bonus are as follows:

The trader must make an octafx minimum deposit of at least 50EUR or 50USD. If they do this, they will be credited with a bonus equal to 50% of the deposited amount.

This bonus is subject to certain conditions and cannot be withdrawn right away. In order to satisfy these conditions, you will have to trade a certain number of lots. The more you deposit, the larger your bonus amount will be, although this will also correspond to an increased number of trades required to release the bonus.

No deposit bonus

On occasion, octafx may offer a no deposit bonus. This octafx no deposit bonus is typical $8 although it is only available periodically and not at the moment of writing. There is no pre-qualification or need to deposit in order to access this bonus amount.

74-89% of retail CFD accounts lose money

RECOMMENDED FOREX BROKERS

Octatfx has a highly informative and accessible website that aims to promote their services in layman terms. And it achieves that, yet can it can it practice what it preaches?

The broker website is operated by the following companies:

Octa markets cyprus ltd is tightly regulated by the cyprus securities and exchange commission (cysec), carrying all necessary investigations in order to ensure fraud-free market operations. As regulated by cysec, OCTAFX is part of the ICF allowing for a compensation of up to €20 000 to be attributed to clients, if the broker fails or becomes insolvent.

Octa markets incorporated is regulated by the FSA SVG in st. Vincent and the grenadines. This body’s main duties are to ensure that financial institutions are well supervised and that all threats are acted upon with the appropriate force of action. Unlike cysec, this license issuer has no reimbursement scheme to speak of. Another significant drawback is that there is no regulation dedicated to foreign exchange (forex) trading and cryptocurrency, nor are there licenses issued for these two assets:

Spreads depend on the account the client has chosen. So for the MICRO account the EUR/USD spread is 1.1 pips, for the PRO it’s 0.8-1.1 pips, and for the ECN account it’s typically 0.7-0.8 pips. We would like to remind readers that in the UK and EU the current imposed maximum spread limit is 1:30. For those outside the jurisdiction of ESMA the spread reaches 1:500.

Currently, octatfx offers the following assets to trade with: forex pairs, cryptocurrencies, commodities, stocks. In the bustling, competitive world of forex today, this number of assets is considered low.

The broker is available in the following languages: english, spanish, arabic, indonesian, thai, vietnamese, chinese, german, malay, bengali, portuguese and hindi.

Octatfx offers three platform for trade: MT4, MT5 and ctrader. What’s interesting is that each platform acts also as a separate account.

METATRADER 4

Here we are again with this renowned platform, and for a reason! MT4 stands tall against other trading terminals. Consider using expert advisors to set your automated trading while you do other business, or take full advantage of what MT4 has to offer: multiple chart management, trading directly from the chart, customized trading indicators, huge selection of trading options and much more.

The MT4 acts as the MICRO account type. So, the spread for EUR/USD 1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches 1:500 for those outside these zones.

There are no commissions attached to this account.

MT4 is available on smartphones (iphone, android), on any browser and as a standalone desktop version.

METATRADER 5

MT5 strives to replace MT4 but fails to do so, not because it’s inferior but because most brokers nowadays use MT4 as the default terminal. Nevertheless, MT5 comes with new and handy features that traders will surely find useful. There are auto trading bots, plus VPS (same as MT4).

The MT5 acts as the PRO account type. So, the spread for EUR/USD 0.8-1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.

The are no commissions attached to this account.

MT5 is available on smartphones, on any browser and as a standalone desktop version.

The functional ctrader has been included by octafx. This platform handles with ease and possesses a much better visual style than both MT4/5. The interface is highly customizable, giving end users a much needed aesthetic touch of their own. One of the main features of ctrader is the ability for traders to access provider’s liquidity making room for better pricing and lower spreads. There is also automated trading, and great back testing facilities.

Ctrader acts as the ECN account type. So, the spread for EUR/USD 0.7-0.8 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.

Ctrader has a commission structure attached to it. For one standard lot a round turnof $6 will be feed. So this changes the EUR/USD spread from 0.7-0.8 pips to 1.3-1.4 pips.

Ctrader is available: for download as a standalone software for desktop, to mobile users, and can be accessed via a browser.

COPYTRADING

The broker offers for the opportunity to copy expert traders, automatically, without spending time on building a strategy or being constantly glued to a screen. This is a superb opportunity for those who do not have the time, or have little of it, to dedicate to online trading. To start, just browse through the many expert traders, set your preferences, invest and voila! Note that, even if the trader dealing for you gets a bonus if your investment turns to profit, this system does not guarantee 100% wins all of the time.

OCTAFX MINIMUM DEPOSIT

The minimum deposit is $50, immediately making room for smaller or casual traders. Typically, a higher minimum deposit limit has the ability to intimidate many novice traders.

The methods for depositing are: neteller, skrill and bitcoin. In this day and age of online currency and cfds trading these options are significantly low than bar. When considering the instruments in circulation by admiral markets and, especially, FX choice, the assortment that this here broker has seems laughable in comparison.

The base currencies are limited to only EUR and USD. The same comment as above can be applied here. A global broker should include more base currencies.

All methods of funding are instant. Here, however, octafx shines, as it falls in the niche of swift deposit methods, a niche that grows ever so tighter.

There are no fees attached. Fees commissioned by thirds parties will be covered by octafx.

OCTAFX WITHDRAWAL TIME AND FEES

Cysec regulation reassures that no harm will come to clients withdrawals.

The withdrawal methods are: neteller, skrill and bitcoin. Again, significantly fewer withdrawal methods that your standard broker.

Withdrawals are instant. This is a rare sight to see in an industry of long process times, and unexpected delays.

There are no fees attached to withdrawal. Fees commissioned by thirds parties will be covered by octafx. This makes us even more agitated at the fact that octafx has not included more payment options.

The minimum withdrawal amount is $5.

BONUSES AND PROMOTIONS

Bonuses are solely offered by octatfx’s offshore entity, due to cysec banning them in europe.

There is a 50% bonus with every deposit.

The most active and successful traders will have the opportunity to win smartphones/smartwatches, as well as a 3 luxury cars at the end of the year.

There is the opportunity to win $500 while trading with your DEMO account.

Trade suing a ctrader DEMO account, and finish with the highest profit at the end of the week to get $150.

BOTTOM LINE

First and foremost, octafx is regulated by one of the best institutes for the job in the world (cysec), as well as one of the shadier ones where many suspicious brokers get their licenses from- FSA SVG, making things rather ambiguous.

Second, there is a very limited number of payment methods, which in this day and age of online trading is unsatisfactory. However, there are no fees attached to said methods, and to top that the broker offers great and detailed trading platforms.

Octafx

company info:
name	octafx
website	octafx.Com
foundation year	2011
regulation
trading conditions:
min. Deposit	5 $
leverage	1:1, 10:1, 50:1, 100:1, 200:1, 500:1
trade lot	0.01, 0.1, 1
digits after the dot	5
spread type	variable
trading instruments	forex
payment methods:
credit card, wire transfer, skrill, neteller, cashu
other features:
accept US traders
PAMM
MT5
mobile trading
web-based trading
affiliate program
VPS
profitf BONUS:

Octafx (detailed info):

Octafx is founded in 2011 with headquartered in cedar hill crest, P.O. Villa, st. Vincent and the grenadines. The company have a lot of winning awards such as “best broker eastern europe and central asia” from forex report magazine, “best ECN broker asia” from global banking and finance review, and many other. The type of this forex broker is ECN and give to their clients one of the best comfortable trading conditions, and also a lot of promotions.

Octafx minimum deposit is only $5 for micro account and $50 for the other account types. You can use up to 1:500 leverage, you can trade over 20 currency pairs, gold, silver and other. Spreads are floating, starting at 0 pips depends on the currency pairs. You can deposit your money in USD and EUR with payments options such as bank wire, visa / mastercard, unionpay, neteller, moneybookers and cashu. Swap-free accounts(islamic) is also allowed, so this company offer very good trading conditions for every traders such as scalpers, intraday traders, long-term investors, hedging and other.

When you open your “octa FX” account, you can trade from the charts and you will receive also market execution in less than 1 second, expert advisors, market commentary, e-mail alerts, signals, news, events, guaranteed stop loss and one-click execution. You can trade with your mobile and also web-based trading. Metatrader 4 is the main platform where you can trade easily.

They have affiliate programs and a lot of promotions demo contests, king of the road real contest and other. When you deposit money you will receive up to 50% bonus to your account! You just need to read their promotion rules.

Octafx review: updated octafx forex broker overview

This is a different and updated octafx review as we have our loyal clients with octafx since 2013 from more than10 countries.

So, please read carefully as we will give an honest review and all the information you need about octafxforex broker.

Let’s start with the most common questions about octafx broker and at the end, you will get our final octafx review

Octafx broker scam or legit?

This is one of the most common questions about octafx broker, traders like you want to start trading and make money but afraid asking himself if I made profits will I get these profits or not.

That’s why we made this honest octafx review and we will be honest with you. Just please keep reading the full article. But to summerise octafx is not SCAM and you will know why! And will know the pros and cons of octafx.

Octafx spread

Octafx spread is really competitive, there are three account types with octafx with different spread for example :

Micro account: floating, starting at 0.4 pips fixed, starting at 2 pips. ( no commission )

Pro account: floating, starting at 0.2 pips ( no commission )

Ecn account: floating, starting at 0 pips ( but please note there is commission )

Please check our octafx spread review here : octafx spread review

Can I start trading with octafx broker in my country?

The answer is yes, octafx is available for all countries except

Octafx available account types :

Demo account: octafx offers an excellent unlimited demo account option, available on MT4, MT5, and ctrader. It offers real market conditions and a chance to win real money in a monthly champion demo contest.

MT4 (micro) account	MT5 (pro) account	ctrader (ECN) account:
with the MT4 (micro) account, you can choose either a floating spread, starting at 0.4 pips or a fixed spread, at 2 pips, depending on your preference. This account requires a minimum deposit of 50 USD (though 100 USD is recommended) and no commission is charged on trades. Leverage is fixed at 1:500 for forex trading and the margin call/stop out is 25%/15%. Metals, indices, and cryptocurrencies can also be traded (though leverage will be lower and is set at 1:2 for cryptos).	The MT5 (pro) account only offers a floating spread, starting at 0.2 pips, and requires a minimum deposit of 500 USD. No commission is charged on this account either but leverage for forex trading is fixed at 1:200 and the margin call/stop out is set at 45%/30%. There are no swaps on this account and overnight commissions are charged after 3 days. As with the MT4 account, both CFD and cryptocurrencies can also be traded.	The ctrader (ECN) account also only offers a floating spread, but this starts at 0 pips. A commission is charged on trades and a minimum deposit of 100 USD is required. Leverage is fixed at 1:500 for currencies and 1:200 for metals – cryptocurrencies and cfds are unavailable with this account. Margin call/stop out is set at 25%/15% and overnight commissions are only charged over weekends.

Octafx regulation

Founded in 2011 and regulated by cysec since 2018 (license 372/18), octafx is a well-respected and secure broker. All funds are properly segregated, and the company has received many awards over the years for its quality of service.

The company was briefly regulated by the FCA (the UK’s financial conduct authority) from 2015 to 2017 (ref: 679306) but decided to not renew its license after the brexit referendum and instead kept its focus on the EU market.

Octafx office locations :

United kingdom, hong kong, indonesia, cyprus, malaysia, thailand

Octafx copy trading review :

For many traders who just want to invest their money for returns, octafx offers copy trading which is perfect for newbies to make some money following professional forex traders without taking risks at beginning of their trading career.

Please note: you will lose your money if you didn’t choose the right trader to follow and our advice for you is to depend on yourself in trading without copying other traders, they aren’t better than you and we will try to help our loyal clients with professional forex strategies, books and more to help them in their trading.

What is octafx minimum deposit?

The minimum deposit amount is $50.00, please note that you can get a 50 % bonus on your deposit. The bonus on deposit can help you in your trading as it helps you to open more trades.

There is no commission on your deposits or withdrawals when you use payment methods neteller or skrill.

You can use neteller, skrill, and bitcoin with no commission, yes no commission.

Octafx available leverage

Octafx has no dealing desk with leverage up to 1:500

Octafx deposits

Octafx withdrawals

Negative balance protection

Please before you start trading with any broker not just octafx broker ask support using live chat or support ticket if they are protecting your from negative balance protection or not. If not leave them immediately because in some cases you will be asked to pay more than your investment. Octafx protect you from negative balance protection.

Here is a question from the octafx broker website about the negative balance protection and the answer from octafx, so you are totally safe from negative balance protection.

Demo contests

Octafx runs two separate demo account contests, one on the MT4 platform and the other on the ctrader platform. The ctrader demo contest runs for one week and the participant with the largest demo account balance at the end of the week will win 150 USD, with smaller prizes for the rest of the top five. The MT4 demo contest works the same way, except it runs for four weeks and the grand prize is 500 USD.

Weekly octafx broker rewards ( cash prizes )

You can win cash prizes. More than 5000 trader competing to win octafx rewards .

What are the prizes?

1st prize gets 500 USD

2nd prize gets 400 USD

3rd prize gets 300 USD

4th place gets 60 USD

5th place gets 40 USD

Prize funds are credited to the client`s wallet and can be withdrawn anytime.

Only five easy steps to join

Octafx ctrader contest for cash prizes

If you use ctrader you can find the second contest and next chance to win cash prizes

Can I trust octafx to start trading?

Segregated accounts

Octafx uses separate accounts to keep protected customers’ funds segregated from the company’s balance sheets. This keeps your funds secure and untouched.

SSL-protected personal area

Your data is safe and can’t be accessed by third party

Octafx uses highly secure technology to protect your personal data and financial transactions.

3D secure visa authorization

Octafx applies 3D secure technology when processing credit and debit cards. This technology makes all visa transactions transparent and safe.

Octafx awards since 2012

Best FOREX BROKER ASIA 2020

Best FOREX BROKER INDIA 2020

Fx daily info best ECN/STP broker 2019

Best ECN BROKER 2020

Fx daily info best forex broker asia 2019

Global banking and finance review best forex broker asia 2018

European CEO magazine best FX broker 2018

European CEO magazine best trading conditions 2018

Forex awards best copy trading platform 2018

Forex awards best trades execution 2017

European CEO magazine best trading conditions 2017

UK forex awards best forex ECN broker 2017

European CEO magazine most transparent broker 2017

Forex report magazine best trading conditions 2016

FX empire best international broker 2015

Forex traders best islamic account forex broker 2015

European CEO magazine best STP broker 2015

FX empire most reliable broker 2014

Global banking and finance review best ECN broker asia 2014

World finance magazine best broker central asia

Global banking and finance review fastest growing micro forex broker 2012

Note: yes these awards are indicators that octafx is growing fast and trusted broker but these can’t be the only reason to start trading using octafx broker. There are other reasons to choose the broker like spreads, commissions on deposits and withdrawals, NO SWAP, and more will be discussed here on www.Octafxreview.Com …

Octafx trading benefits :

Allows scalping

Allows hedging

Offers STP

Low min deposit

Guaranteed stop loss is one of best benefits you can find .

Offers negative balance protection

Where is octafx based?

Octafx’s registered address is suite 305, griffith corporate centre, beachmont, kingstown, st. Vincent and the grenadines.

Does octafx use metatrader?

Yes, octafx does offer metatrader 4 and metatrader 5 for desktop, web and mobile.

Can I make deposit with bitcoin ?

All of us love cryptocurrencies , and yes you can make your deposit and withdraw with bitcoin .

Finally this is our review for octafx broker

Our experts found that octafx brokers can be reliable and trusted forex brokers . Why ?

For newbies and professional traders both, for newbies they can find unlimited easy registration for demo accounts so they can learn and that’s what we suggest they do practice first and learn with demo accounts when they are able to make money then make a deposit and start trading, for professional traders they can find everything available mobile application to trader everywhere, all strategies are available except the abuse of using arbitrage, fast and friendly support ready to help you

( live support) , experts are allowed , simply everything helps you succeed in forex is available .

Auto chartist: don’t depend on it completely but really can help you take decisions and it is FREE with OCTAFX.

Instant deposit ( for neteller and skrill ) minutes for bitcoin.

One of the most important deposits and withdrawals with bitcoin which isn’t available in most brokers.

Contests with CASH PRIZES, yes weekly contests which will help you make more money and improve your trading skills.

We tried to answer all your questions but we are here if you have any questions not answered yet just leave a comment down and we will help .

As we really help our clients and want you succeed please leave a comment or just send e-mail to us to send ( free gifts ) that help you master the markets and trade successfully .

Octafx minimum deposit

The octafx minimum deposit amount that octafx requires is US dollar 100.

The minimum deposit amount of US dollar 100 when registering a live account is equivalent to ZAR1,766.87 at the current exchange rate between US dollar and south african rand on the day and at the time that this article was written.

Octafx is based in SVG and cyprus and is authorized and regulated by demanding regulating entities namely cysec and FSA, and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

In addition to ensuring client fund security through segregated accounts, regulated brokers such as octafx are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.

Deposit fees and deposit methods

Octafx does not charge any fees when deposits are made into the trader’s account.

Traders can make use of the following payment methods through which the minimum deposit amount can be paid:

Credit/debit card

Bank wire transfer

Bitcoin

Skrill, and

Neteller

Octafx only supports two deposit currencies in which traders can fund their accounts including:

USD, and

Traders should take note that payments made in any other currency apart from the base currencies of the various accounts may be subjected to conversion rates charged by their payment provider. The base currencies are USD and EUR.

Step by step guide to deposit the minimum amount

Once the trader has completed the process of registering on the website, the trader can make the initial minimum deposit by following these steps:

Log into the client portal and select ‘deposit’

Select the deposit method along with the amount.

After the trader has made their selection, they will be redirected to the payment processor page to confirm their deposit.

Traders should take note that with making deposits by using bank wire transfer, the transactions may take a certain amount of time depending on the method, time of the day, and day of the week.

Bank wire transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week.

Pros and cons

PROS	CONS
1. Deposit fees and withdrawal fees are not charged	1. Only a few payment options provided
2. Quick and easy depositing of funds	2. Only two supported deposit currencies

What is the minimum deposit for octafx?

How do I make a deposit and withdrawal with octafx?

You can make use of the following payment methods to deposit or withdraw funds:

Credit/debit card

Bank wire transfer

Bitcoin

Skrill, and

Neteller

Octafx review: updated octafx forex broker overview

This is a different and updated octafx review as we have our loyal clients with octafx since 2013 from more than10 countries.

So, please read carefully as we will give an honest review and all the information you need about octafxforex broker.

Let’s start with the most common questions about octafx broker and at the end, you will get our final octafx review

Octafx broker scam or legit?

This is one of the most common questions about octafx broker, traders like you want to start trading and make money but afraid asking himself if I made profits will I get these profits or not.

Octafx spread

Octafx spread is really competitive, there are three account types with octafx with different spread for example :

Micro account: floating, starting at 0.4 pips fixed, starting at 2 pips. ( no commission )

Pro account: floating, starting at 0.2 pips ( no commission )

Ecn account: floating, starting at 0 pips ( but please note there is commission )

Please check our octafx spread review here : octafx spread review

Can I start trading with octafx broker in my country?

The answer is yes, octafx is available for all countries except

Octafx available account types :

MT4 (micro) account	MT5 (pro) account	ctrader (ECN) account:
with the MT4 (micro) account, you can choose either a floating spread, starting at 0.4 pips or a fixed spread, at 2 pips, depending on your preference. This account requires a minimum deposit of 50 USD (though 100 USD is recommended) and no commission is charged on trades. Leverage is fixed at 1:500 for forex trading and the margin call/stop out is 25%/15%. Metals, indices, and cryptocurrencies can also be traded (though leverage will be lower and is set at 1:2 for cryptos).	The MT5 (pro) account only offers a floating spread, starting at 0.2 pips, and requires a minimum deposit of 500 USD. No commission is charged on this account either but leverage for forex trading is fixed at 1:200 and the margin call/stop out is set at 45%/30%. There are no swaps on this account and overnight commissions are charged after 3 days. As with the MT4 account, both CFD and cryptocurrencies can also be traded.	The ctrader (ECN) account also only offers a floating spread, but this starts at 0 pips. A commission is charged on trades and a minimum deposit of 100 USD is required. Leverage is fixed at 1:500 for currencies and 1:200 for metals – cryptocurrencies and cfds are unavailable with this account. Margin call/stop out is set at 25%/15% and overnight commissions are only charged over weekends.

Octafx regulation

Octafx office locations :

United kingdom, hong kong, indonesia, cyprus, malaysia, thailand

Octafx copy trading review :

Please note: you will lose your money if you didn’t choose the right trader to follow and our advice for you is to depend on yourself in trading without copying other traders, they aren’t better than you and we will try to help our loyal clients with professional forex strategies, books and more to help them in their trading.

What is octafx minimum deposit?

The minimum deposit amount is $50.00, please note that you can get a 50 % bonus on your deposit. The bonus on deposit can help you in your trading as it helps you to open more trades.

There is no commission on your deposits or withdrawals when you use payment methods neteller or skrill.

You can use neteller, skrill, and bitcoin with no commission, yes no commission.

Octafx available leverage

Octafx has no dealing desk with leverage up to 1:500

Octafx deposits

Octafx withdrawals

Negative balance protection

Please before you start trading with any broker not just octafx broker ask support using live chat or support ticket if they are protecting your from negative balance protection or not. If not leave them immediately because in some cases you will be asked to pay more than your investment. Octafx protect you from negative balance protection.

Here is a question from the octafx broker website about the negative balance protection and the answer from octafx, so you are totally safe from negative balance protection.

Demo contests

Weekly octafx broker rewards ( cash prizes )

You can win cash prizes. More than 5000 trader competing to win octafx rewards .

What are the prizes?

1st prize gets 500 USD

2nd prize gets 400 USD

3rd prize gets 300 USD

4th place gets 60 USD

5th place gets 40 USD

Prize funds are credited to the client`s wallet and can be withdrawn anytime.

Only five easy steps to join

Octafx ctrader contest for cash prizes

If you use ctrader you can find the second contest and next chance to win cash prizes

Can I trust octafx to start trading?

Segregated accounts

Octafx uses separate accounts to keep protected customers’ funds segregated from the company’s balance sheets. This keeps your funds secure and untouched.

SSL-protected personal area

Your data is safe and can’t be accessed by third party

Octafx uses highly secure technology to protect your personal data and financial transactions.

3D secure visa authorization

Octafx applies 3D secure technology when processing credit and debit cards. This technology makes all visa transactions transparent and safe.

Octafx awards since 2012

Best FOREX BROKER ASIA 2020

Best FOREX BROKER INDIA 2020

Fx daily info best ECN/STP broker 2019

Best ECN BROKER 2020

Fx daily info best forex broker asia 2019

Global banking and finance review best forex broker asia 2018

European CEO magazine best FX broker 2018

European CEO magazine best trading conditions 2018

Forex awards best copy trading platform 2018

Forex awards best trades execution 2017

European CEO magazine best trading conditions 2017

UK forex awards best forex ECN broker 2017

European CEO magazine most transparent broker 2017

Forex report magazine best trading conditions 2016

FX empire best international broker 2015

Forex traders best islamic account forex broker 2015

European CEO magazine best STP broker 2015

FX empire most reliable broker 2014

Global banking and finance review best ECN broker asia 2014

World finance magazine best broker central asia

Global banking and finance review fastest growing micro forex broker 2012

Note: yes these awards are indicators that octafx is growing fast and trusted broker but these can’t be the only reason to start trading using octafx broker. There are other reasons to choose the broker like spreads, commissions on deposits and withdrawals, NO SWAP, and more will be discussed here on www.Octafxreview.Com …

Octafx trading benefits :

Allows scalping

Allows hedging

Offers STP

Low min deposit

Guaranteed stop loss is one of best benefits you can find .

Offers negative balance protection

Where is octafx based?

Octafx’s registered address is suite 305, griffith corporate centre, beachmont, kingstown, st. Vincent and the grenadines.

Does octafx use metatrader?

Yes, octafx does offer metatrader 4 and metatrader 5 for desktop, web and mobile.

Can I make deposit with bitcoin ?

All of us love cryptocurrencies , and yes you can make your deposit and withdraw with bitcoin .

Finally this is our review for octafx broker

Our experts found that octafx brokers can be reliable and trusted forex brokers . Why ?

For newbies and professional traders both, for newbies they can find unlimited easy registration for demo accounts so they can learn and that’s what we suggest they do practice first and learn with demo accounts when they are able to make money then make a deposit and start trading, for professional traders they can find everything available mobile application to trader everywhere, all strategies are available except the abuse of using arbitrage, fast and friendly support ready to help you

( live support) , experts are allowed , simply everything helps you succeed in forex is available .

Auto chartist: don’t depend on it completely but really can help you take decisions and it is FREE with OCTAFX.

Instant deposit ( for neteller and skrill ) minutes for bitcoin.

One of the most important deposits and withdrawals with bitcoin which isn’t available in most brokers.

Contests with CASH PRIZES, yes weekly contests which will help you make more money and improve your trading skills.

We tried to answer all your questions but we are here if you have any questions not answered yet just leave a comment down and we will help .

As we really help our clients and want you succeed please leave a comment or just send e-mail to us to send ( free gifts ) that help you master the markets and trade successfully .

Octafx minimum deposit and payment methods

Introduction to the minimum deposit:

The minimum deposit in a trading broker is one of the conditions that help each broker to specify the portion of the deposit. In the case of many customers, the minimum deposit plays an important role. Ensuring minimum deposit usage before any client uses the broker for the first time. The minimum deposit does not have to be a higher three or four-digit amount so it is a much easier deposit. In a broker trade, the minimum deposit should be given much importance so that the customer is attracted to it.

Traders look for a minimum deposit broker before starting the first CFD or forex trade in the trade market. Traders search for the right forex and CFD broker for only the minimum deposit. This allows you to compare the condition of the supplier with other brokers. What the deposit will look like will depend entirely on choosing your broker. Traders are encouraged to use brokers that demand relatively low minimum deposits. The minimum deposit helps in increasing the number of customers. Similarly, traders use the minimum deposit of brokers as an important criterion.

What is the octafx minimum deposit?

As the broker octafx is in the average range, it allows the customer to deposit $100 as the minimum deposit in the first instance. The minimum deposit is meant here. This is just an offer, no special conditions are imposed here. This offer allows the customer to start a business with a minimum deposit.

In the first instance, traders cannot trust any broker so they first use the minimum deposit to check the broker. In the first instance, traders cannot trust any broker so they first use a minimum deposit to check the broker. No trader directly wants to deposit $100 or more deposit. Of course, octafx is useful for many potential clients. Considering so many aspects, one can understand how important minimum deposit plays in CFD and forex trading. So in most forex and CFD brokers, you look for these minimum deposit terms.

The octafx minimum deposit is depending on the account type:

Metatrader 4 micro account: $ 100

Metatrader 5 pro account: $ 500

Ctrader ECN account: $ 100

(risk warning: your capital can be at risk)

What are the octafx deposit methods? (how to deposit)

There is no charge for deposits to the octafx account.

The following are the minimum deposit methods for an octafx account. You can deposit an octafx deposit using any one of the methods from here.

Neteller

Skrill

Bitcoin

Bank transfer

Credit or debit card

Octafx only supports two deposit currencies to fund traders’ accounts. Apart from these two currencies, no other currency can raise funds.

The two currencies are:

USD ($)

And EUR (€)

Deposits for octafx account users must transact in USD ($) and europe (€). If there is any other currency in the account then it has to be converted into that currency. In this case, the financial situation may change a bit.

(risk warning: your capital can be at risk)

Are there deposit fees?

Before making a deposit, the user should know whether octafx takes a commission in case of withdrawal or case of deposit? It also covers the percentage of fees applied by octafx payment systems. Whether there is a limit to the number of daily deposits of octafx.

If you plan to start trading in a foreign currency account, you must first deposit to earn money. It is great for you at the beginning of the trade that octafx does not charge any commission for depositing or withdrawing money. Octafx only covers the fees applicable to the payment system here, also by paying a much lower fee. There is no limit to the number of deposits on octafx so this is a great account for traders. Octafx credit card /debit card and e-wallet deposits submitted are very quickly.

In metatrader pro 5, a minimum deposit of 500$ will be accepted for the account. Foreign traders from thailand, indonesia, india, pakistan, malaysia will be able to deposit money using their local banks and withdraw it through banks in the same way. You can select any local bank to transact with. Because octafx supports various local banks.

Are there account types?

Octafx provides transactions through three types of accounts. Each of these octafx accounts has its unique trading conditions. Traders are also provided with the best value services with the environment including a dynamic trading experience.

See below the octafx account types are:

Micro account MT4

Account MT 5 pro

Account ECN ctrader/ ctrader

Micro account MT4:

MT4 recommends depositing a minimum of 100 100 into a micro account. Starting from 0.3 pips. Also floating spreads and fixed spreads are started from 2 pip. No commission is charged on octafx MT4 trades. However, the mark-up is added to this account. Allows access to 28 forex, silver, gold, 4 indicators, 3 cryptocurrencies. Octafx leverage is up to 1:500 for forex, 1:50 for index, 1: 200 for metal and 1: 2 for cryptocurrency. Stop out level is acceptable up to 15% and margin call up to 25%. MT4 is useful as an alternative to converting a live trading account to an islamic account.

Account MT5 pro:

Account MT5 pro can be deposited a minimum of 500 500. Its floating spread starts from 0.2. The trader does not have to charge any commission for the trades. Gold, silver, 28 forex pairs, 2 strengths, 3 cryptocurrencies, and 10 indicators can be accessed. 1: 200 leverage for foreign exchange, 1:50 leverage for energy, 1: 2 leverage for the cryptocurrency is applicable on the MT5 account. Out stop 30% and margin call 45% is applicable. If you want to transfer commissions from here overnight, 3 days fee is deducted. Access to cryptocurrency and CFD trades is acceptable.

Account ECN ctrader/ctrader:

Ctrader is a popular account because the minimum deposit here is dollar 100$. Its floating spread starts from 0.0. Commissions are charged even if no mark-up is added. Silver, gold, and 28 forex force can be accessed. Gold and silver 1: 200 leverage and forex 1:500 leverage. Stop out level 15% and margin calls are caught 25%. Here the commission is charged according to the weekly fee.

What is the offer of the broker?

Octafx offers customers a minimum of 1:5 leverage and a maximum of 1 500 leverage. No one else offers the best offers from octafx brokers. The broker’s offers are sent in a way that traders can get quickly. Octafx is much more popular in the broker markets due to its offers. Because the lowest leverage is available here.

Multi-regulated brand

Free demo account

A low minimum deposit of $ 100

Metatrader 4/5, ctrader

Mobile trading app

Professional support

Low trading fees

Personal support

Fast deposits and withdrawals

Conclusion on the octafx minimum deposit

Internationally, octafx is a good broker. To traders, it is helpful as a popular broker and minimum depositor. There are three types of trading opportunities that are provided to traders with trading accounts. The accounts are ECN account, micro account, and pro account. Each account type has different trading platforms and leverage. The accounts are known as ctrader, MT4, and MT5. Octafx allows traders to use several transaction methods for transactions. It can be called a special opportunity and helpful for customers.

You can find copy trading applications and an in-house trading application here. The broker is very helpful and easy for all traders, who are new to the international commercial market. So you can start trading deposits at octafx broker according to your preferred leverage package. We think the broker is suitable for any type of trading.

(risk warning: your capital can be at risk)

Octafx

company info:
name	octafx
website	octafx.Com
foundation year	2011
regulation
trading conditions:
min. Deposit	5 $
leverage	1:1, 10:1, 50:1, 100:1, 200:1, 500:1
trade lot	0.01, 0.1, 1
digits after the dot	5
spread type	variable
trading instruments	forex
payment methods:
credit card, wire transfer, skrill, neteller, cashu
other features:
accept US traders
PAMM
MT5
mobile trading
web-based trading
affiliate program
VPS
profitf BONUS:

Octafx (detailed info):

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.

So, let's see, what we have: discover the octafx minimum deposit needed to open an account, and the best way to do it, depending on base currencies, funding methods and more. At octa fx minimum deposit