On this page, we review OctaFX broker. Established and opened in 2011, Octa FX broker offers traders many services, including copy trading. Contact us for more information about this broker.
| Broker name | OctaFX |
| Established year | 2011 |
| Spread rate | average |
| Central office | Saint Vincent and the Grenadines |
| Regulation | CYSEC |
| Minimum deposit | $ 100 |
| The easiest way to deposit and withdraw | Bitcoin, Skrill |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
OctaFX is the name of one of the brokers in Saint Vincent and the Grenadines. Their good features include offering a 50% bonus, having accounts without swaps, offering some digital currencies for trading, etc.
To check the credibility of different brokers, you should first check the activity history of a broker in the financial markets; the OctaFX broker has more than ten years of experience in providing services to traders, which is a relatively good amount of history, then you should check what regulatory institutions or organizations They monitor the activity of that broker and whether the broker in question has a regulation or not, which in answer to this question should be said that OctaFX broker has regulation.
Yes, OctaFX broker has CYSEC regulation.
The headquarters of OctaFX broker is in Saint Vincent and the Grenadines.
Octa fx broker was established and opened in 2011, and having more than ten years of experience shows that this broker has enough experience in providing services.
| Profile / account name | VIP | gold | silver | classic |
|---|---|---|---|---|
| Minimum deposit for opening | $ 250 | $ 250 | $ 250 | $ 250 |
| Maximum leverage | 1: 500 | 1: 500 | 1: 500 | 1: 500 |
| Spreads | Starting from 0.9 | Starting from 1.8 | Starting from 2.5 | Starting from 2.5 |
| Ability to trade currency pairs | Yes | Yes | Yes | Yes |
| Ability to trade stocks and indices | Yes | Yes | Yes | Yes |
| Possibility of digital currency trading | No | No | No | No |
| Commission | Unknown | Unknown | Unknown | Unknown |
| Permission to use Expert | - | - | - | - |
| Scalp permission | - | - | - | - |
According to the above table, we find out that octafx broker offers two trading accounts to users, which have the advantage of not having commissions and swaps.
You can open an octafx mt5 account at OctaFX broker with a minimum deposit of $100. This account has no commission, and the spread is floating and starts from 0.6 pips. The maximum leverage that can be used in it is 1 to 500 in currency trading. You should note that the maximum leverage that can be used in other symbols is different; for example, the maximum leverage that can be used in digital currency transactions is 1 to 25.
The minimum deposit to open an octafx mt4 account in the octafx broker is $100. This account has a maximum leverage of 1 to 500, a floating spread of 0.6 pips, and no commission.
OctaFX broker spread is floating in both Metatrader 4 and 5 accounts and starts from 0.6 pips.
Since both Metatrader 4 and Metatrader 5 accounts in octafx broker do not have swaps, they can be considered Islamic accounts. Islamic accounts are accounts that do not have swaps or overnight interest.
The minimum deposit to open an account in the Octafx broker is $100, and traders can use this deposit amount to trade in a real account and gain experience.
Among the common methods of depositing and withdrawing in the Octafx broker, we can mention the use of Bitcoin, Skrill, and Neteller. It is also imperative to say that the OctaFX broker does not charge any fees from traders for depositing and withdrawing.
At Octa FX broker, there is currently a 50% bonus active that traders can use; of course, since the bonuses in different brokers are constantly changing, it is better to visit the main website of a broker to get information about bonuses.
The documents required to verify the identity in the octafx broker include an identity card, national card, or certificate; in fact, traders can easily confirm their identity in the octafx broker by sending an identification card and using all the facilities of this broker.
Among the tradable and trading symbols in octafx broker, we can refer to some digital currencies, currency pairs, energy, stocks, etc.; in fact, it can be said that the variety of trading symbols in this broker is excellent.
The most used and popular trading platforms are MetaTrader 4 and 5, which are fortunately also supported by OctaFX broker; you can click on the links below to download these platforms.
The copy trading system is excellent for people who prefer to copy the transactions of other traders and do not want to trade in the financial market themselves. Also, one of this system’s advantages is making money for professional traders so that experienced traders can. By taking a fee from other people, they allow other traders to copy their trades so that copy trading can be considered an efficient system for traders and beginners as well as very professional traders. It can be a very efficient system for everyone in It was regarded. Fortunately, it is also supported by Octafx broker.
Fortunately, so far, we have not received any reports related to OctaFX broker fraud. Still, if we receive news about this broker’s copy in the future, we will share it with our audience.
