Octafx Details
Octafx Rating
Minimum Deposit
Leverage
Spreads
Account Type
| Broker | Octafx |
|---|---|
|
Website |
|
|
Minimum Deposit : |
$25 |
|
Spread : |
0.6 |
|
Commission :
|
No |
|
Leverage :
|
1:500 |
|
Minimum Lot Size :
|
0.01 |
|
Regulation :
|
CYSEC, NFA, ASIC, FCA |
|
OctaFX Payment Methods |
Debit And Credit Cards, Visa, FasaPay And Mastercard |
Regulation & Reputation
Pros & Cons
- Spreads From 0,2 Pips; Fast Market Execution
- Little List of Assets Provided; No Guaranteed Stop Loss
Types of Trading Platforms Available
| Trading Platforms | Octafx |
|---|---|
|
User-friendly Platforms |
Yes |
|
Yes |
|
|
Yes |
|
|
Web Trader |
Yes
|
|
Mobile Trading |
Yes |
Trading Accounts Offered
| Trading Accounts |
|---|
|
Micro Account |
|
ECN Account |
|
Pro Account |
- Octafx Offers A Variety Of Trading Accounts That Are Suitable For Any Strategy And Any Level Of Your Trading Experience
- Both Real And Demo Accounts Are Available On Both Trading Platforms – Metatrader 4 And Metatrader 5
Bonuses & Promos
- OctaFX Offer A 50% Bonus On Each Deposit , Allowing To Clients To Open Positions With The Highest Volume
Octafx Payment Methods
| Payment Methods | View Brokers |
| Credit Cards | |
| FasaPay | |
| Visa | Forex Brokers Thats Accept Visa |
| Mastercard |
Instruments & Assets
- Currency Pairs
- Index CFD
- Commodities
Deposit & Withdrawal
- OctaFX Minimum Deposit Is $20 Allowing You To Open Any Account Type From The Two Offered By The Broker
- OctaFX Confirms Withdrawals Within 1-2 Business Days, But Allow Extra Days For Your Bank To Process The Transaction.
| Deposit & Withdrawals | Octafx |
|---|---|
|
Deposit Methods |
Bank Account, Credit Card, Debit Card, E-wallet |
|
Withdrawal Methods |
Bitcoin ,Skrill,PayPal
|
|
Accepting Cryptocurrencies |
Yes |
|
Withdrawal Time |
1-3 hours |
Octafx Spreads
- OctaFX Fees, Spreads, And Commission. Trading With Octafx Will Involve Minimal Fees, Spreads From 0.6 Pips, And Commission-free Trading Depending On The Account Traders Select.
Accepted Countries
In 2021, The App Became Available In Pakistan, Malaysia, Nigeria, Singapore,cyprus, United States And Indonesia
And Other Countries—the List Is Growing.
Alternatives to Octafx
OctaFX FAQs
MT4 & MT5 Platforms Supported. OctaFx Is Regulated By CySEC And SVG FSA.
OctaFx Is A Legitimate And Reliable Forex Broker. We’ve Been In Business For Over Ten Years, And Our Traders Can Attest To Our Credibility And Reliability.
At OctaFx, Clients Can Start Trading With A Minimum Of $25.
Dealing Desks Brokers (Also Known As “Market Makers”) Create Their Own Markets Based On The Underlying Market. NDD (No Dealing Desk) Brokers Such As Octafx Act As Intermediaries Between The Trader And The Real Market, And Receive A Defined And Transparent Commission For It.
OctaFx Usually Process Withdrawal Requests For 1–3 Hours, But It’s Up To Your Payment System How Long It Will Take The Money To Reach The Destination.
Leverage Is A Virtual Credit Provided By The Broker To A Client. Leverage Affects Your Margin Requirements, i.e. The Higher The Ratio Is, The Lower Required Margin Will Be, i.e. With Leverage 1:500 Your Initial Margin Will Be 500 Times Less Than The Contract Size.
OctaFx Does Not Limit The Number Of Deposits And Withdrawal Requests Per Day. However, It Is Advised To Deposit And Withdraws All Of The Funds In One Request To Avoid Unnecessary Delays In Processing.
