Trading experience with octafx
Company | Octa Markets Incorporated |
---|---|
Founded and online since | 2011 |
Offices in | Saint Vincent and the Grenadines |
Payment options |
Credit/debit cards
FasaPay Neteller Skrill UnionPay Wire transfer |
OPEN A REAL ACCOUNT OPEN A DEMO ACCOUNT
OctaFX main trading platform is the industry standard MetaTrader 4 (MT4). Highly customizable and stable, the trading platform is fully equipped with various technical tools designed to make the trader’s job in analyzing the market easier. The MT4 trading platform is also available for mobiles devices like iPhones, Android and Window Powered mobile devices.
There are two main types of trading account provided by OctaFX, Micro and ECN trading accounts.
Micro Trading Accounts:
• 12 currency pairs + Gold and Silver
• 5 Digits Quotes
• Expert Advisors and Scalping allowed
• Leverage level is up to 1:500
• Margin Call Level is 25%
• Require a minimum of $5 deposit to open
• Stop Out Level is 15%
ECN Trading Accounts:
• Require a minimum deposit of $50
• 28 currency pairs + Gold and Silver
• 5 Digits Quotes
• Expert Advisors and Scalping allowed
• Leverage level is up to 1:500
• Margin Call Level is 25%
• Require a minimum of $5 deposit to open
• Stop Out Level is 15%
Commission & Spreads
The spreads that OctaFX charges are floating and they all start from 0.2 pips regardless of the type of trading account.
Customer Support
OctaFX have always pride itself with a high quality support team that is always within the reach of traders 24/5. To get in touch with the support team, traders can either do it through:
• Live Chat
• Filling in the online Contact form
• Email at support@OctaFX.com
• Phone: 4001-200970 (China)
1-800-815-304 (Malaysia)
+17844574224 (St. Vincent and the Grenadines)
As OctaFX is main clientele base is from China and South East Asia, multi-lingual support is available in the following languages:
• Bahasa Indonesia/Malaysia
• Mandarin
Reliability
In terms of reliability, OctaFX have always made this one of its priority. Some of the measures that they have in place include:
Accounts Segregation
OctaFX keeps its corporate funds separate from the clients’ trading funds. This is in accordance to international regulations and accounting standard.
SSL Data Encryption
Personal Data and online financial transactions are protection by encryption with SSL encryption technology.
Account Verification Protocols
All trading accounts have to go through a stringent verification process.
Secured withdrawal
All withdrawal requires an email confirmation thus preventing unauthorized withdrawal by a third party.
3D Secure Technology For Credit/Debit Card Transaction
3D secure technology is used to process all transaction from Visa and MasterCard to ensure the integrity of the transaction.
Security Engineer Team
The backoffice of OctaFX technical environment is monitored 24/7 by a team of security engineers to ensure top level protection.
Pros
The advantages of dealing with OctaFX are numerous. They include:
• Attractive Promo Offers
• Demo Account
• Fast Reliable Executions
• Free Market Analysis
• High Quality Customer Support
• Low Minimum Deposit Requirement
• Provide Ecn Trading Facility
• Stable And Reliable Trading Platform
• True ECN/STP Services
Cons
Although just a micro broker, OctaFX have managed to cover practically every aspect of their clients’ needs. So far, I can’t seem to find anything wrong with this broker.
Conclusion
To conclude, the award that OctaFX is well deserved. Despite being a new broker on the Forex trading scene, they have managed the hearts and minds of many of their clients with the effort and dedication that they put into providing top notch services to their clients. For those who are in the market for a reliable and efficient forex broker, OctaFX certainly come highly recommended.
trading experien
octafx is the best online forex broker.
their welcome bonus account are awesome.
in their bonus account very fast excecution ,no slippage .
here is detail ....
Octawelcome free 8 USD bonus
Open a bonus account
Open a Welcome account today!
Get your bonus
You will get a free 8 USD bonus
TRADE A FREE BONUS AND MAKE REAL PROFIT
Get real money by trading a free bonus! Complete only 2 lots and the profit is all yours for withdrawal.
Start now!
Promotion rules
No agent commission is credited for trading on bonus accounts
A special welcome account is opened for bonus trading. The bonus cannot be added to any other account type (Micro, ECN or IB)
Welcome account conditions are the same as Micro Swap Free account conditions
You can not deposit to a welcome account
It is required to finish 2 standard lots to withdraw profit from the welcome accountSo-called "reverse trading" on bonus accounts is strictly prohibited. "Reverse trading" denotes opening the same position in reverse destinations on 2 or more bonus accounts. E.g. open 0.01 lot BUY on EURUSD in one account and 0.01 lot SELL on EURUSD in another at the same time. The Client acknowledges that such accounts will be blocked, and bonuses and profits will be canceledMaximum leverage for non-deposit bonus accounts is 1:500
Minimum and maximum volume for welcome account is 0.01 lot
Maximum number of simultaneously open positions is 3
Opening multiple bonus accounts (including those registered for relatives. etc) is prohibited. In case of a partial or complete match of IP address or personal data, or other signs of accounts belonging to the same person, such accounts will be blocked, and bonuses and profits will be canceled
A bonus may be cancelled byt the Company anytime. In this case 8 USD will be charged against your account
Bonuses can't be canceled by the Client
ANY IP match between 2 accounts regardless of trading style, name, email, country, etc. will be ANY IP match between 2 accounts regardless of trading style, name, email, country, etc. will be considered as multiple bonus accounts. Such accounts will be blocked, and all withdrawals will be rejected
Each client can have only one bonus account
OctaFX may reject a client's bonus application(s) at anytime without prior notification or providing reasons for such decisionOctaFX reserves the right to change, update or cancel this promotion, with notification in the Company news
Individuals from certain countries may be restricted from getting bonuses
i have been trading with them for 2 months now, i deposited through
Neteller and started trading on 9 feb 2015, everything is good so for,
like spreads, execution. My account number 238202 ECN I made a withdrawal two time as I made profits and withdrawal was also smooth and fast. No issues at all. i will updated a review after i complete one month with them. I recommend all traders to verify their accounts before depositing and trading, so that it will be hassle free for you guys. If you guys trade legally and follow their terms and conditions, you cant find a broker like this. by far best broker according to me, suits me very much. |
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