Octa fx

In octafx, minus more than the deposit amount does not occur. The zero cut system is adopted.

Free forex bonuses

Maximum leverage 500 times！ For FX 「octaFX」, octa fx.

Therefore, even beginners can trade with confidence. Octafx has a financial license, so you can trust it.

Maximum leverage 500 times！
for FX 「octafx」

Deposit bonus 50%

Special campaign for new customers

Only now, we offer a special campaign for a limited time only for those who open an account for the first time.
After opening a new account, you will get a 50% deposit bonus every time you deposit.

Low spread

Reliable FX broker

Bonus per transaction

With zero cut system

Prepare your own platform

Equipped with original platform

Only now, we offer a special campaign for a limited time only for those who open an account for the first time.
After opening a new account, you will get a 50% deposit bonus every time you deposit.

Why choose octafx?

Many customers choose octafx for a reason.

Set low spread

Because octafx has a low spread, traders can trade on superior conditions. Please use octafx by all means if you choose at a low fee.

Safe thanks to the zero-cut system

In octafx, minus more than the deposit amount does not occur. The zero cut system is adopted. Therefore, even beginners can trade with confidence.

Various brands are available

Octafx can trade not only foreign exchange but also products such as stock indices and oils. You can choose your investment from a wide range of options.

Financial license holder

Octafx has a financial license, so you can trust it.

Octafx holds the「"saint vincent IFSA license # 19776IBC2011」.|terms of service

Octafx is completely owned by "octafx"

【RISK WARNING】forex and CFD trading has a very high risk of losing investment. Please read and understand the risk disclosure carefully. Because octafx is not under the supervision of JFSA (japan financial services agency), it does not engage in any activities that may be considered as offering financial products or soliciting financial services, and this website is not intended for residents of japan.

Octafx review

Octafx is a forex broker. Octa FX offers the MT4, MT5 and ctrader forex trading top platform. Octafx.Com offers over 25 forex currency pairs, cfds, commodities, stocks, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

Broker details

deposit methods:

VISA, awepay, bitcoin, fasapay, local bank deposits, local bank transfers, neteller, paytm, skrill, unionpay

withdrawal methods:

VISA, awepay, bitcoin, fasapay, local bank transfers, neteller, paytm, skrill, unionpay

Live discussion

Join live discussion of octafx.Com on our forum

Octafx.Com profile provided by john, may 29, 2012

Octa markets incorporated is a worldwide recognized forex broker. Octafx provides forex brokerage services to its clients in over 100 countries of the world. Octafx uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient. Our top goal is the trust and satisfaction of each client's need and requirements. Octafx sets the highest service level standards and maintains them as well as constantly develops new services and promotions.

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

Thank you for taking the time to reach out and share your experience with us. We deeply regret that you experienced trouble depositing your funds. After looking into your review, we can confirm that an error had occurred before your payment was processed. Our financial department is currently investigating it, and we'll make sure to keep you updated throughout the process.

Please note that there are many reasons why a transaction could fail. And in cases where your payment was unsuccessful, it’s essential to contact us as soon as possible, as it might require a thorough investigation by our financial department. We want to assure you that you shouldn’t be discouraged, as we’re certain that our team will be able to locate the payment and resolve the issue you’ve experienced.

We appreciate your patience and please, remember that you can get in touch with us anytime to receive an update on the progress. We’re always happy to help our customers and provide them with the necessary information.

We hope that this issue will not affect your overall experience and you’ll enjoy trading with us once again.

DISCLAIMER: this review is not to state that octafx is the best broker in the world. I've traded with a lot of brokers and never had problems with any of them, with respect to deposit and withdrawals.

Herein are the list of transactions that I did on my account with octafx. It has the ID, time the request was created, and the time it was processed.

DEPOSIT
deposit ID 4703156
created dec 27, 2020 03:23 PM
processed on dec 27, 2020 03:50 PM

WITHDRAWALS
withdrawal ID 1930065
created dec 30, 2020 11:51 AM
processed on dec 30, 2020 12:17 PM

Withdrawal ID 1927033
created dec 29, 2020 08:00 PM
processed on dec 29, 2020 09:42 PM

Withdrawal ID 1920756
created dec 28, 2020 05:53 PM
processed on dec 28, 2020 09:43 PM

Withdrawal ID 1919630
created dec 28, 2020 03:09 PM
processed on dec 28, 2020 03:24 PM

SUMMARY:
I made the deposit to their GTB nigeria account, and made withdrawals to my GTB account. This might be the reason why I never had issues with them.

I'll advise traders to ask them [octafx] questions when they have issues, and be ready to hear and understand.

Thank you for such great feedback. We appreciate you taking the time to share it with our community and giving us one more reason to be proud of the work we’re doing with our team. We’re sure they will be excited to read your review, too, as they do their best to ensure fast and secure payment services.

Please send us a direct message if you have other questions or suggestions. Our team is always here to help, and we'll be more than happy to chat whenever you have time for us.

Deposit take less than 1sec
withdrawal take forever.

If you guys want to withdraw the money. Please do 1 year in advance

Thank you for reaching out and sharing your feelings with us. We're sorry to read about your dissatisfaction with our processing times. Please let us remind you that all withdrawal requests at octafx are processed within a few business hours. However, when our financial department handles a high number of requests, in rare cases, we ask to allow extra time, but it does not exceed 24 hours overall.

Please note that since you didn't provide your trading account number, we couldn't look into your previous requests. However, we wish to assure you that we always strive to improve our services and reduce the processing time. We also want you to know that if your payment is delayed or you feel like it’s taking longer than it should, you can send us a message in the live chat available on the website. Our team will be more than happy to update you on your request status.

We’re looking to hearing from you, so please don’t hesitate to get in touch with us anytime. Our team is available 24/7, and they're always here to help you whenever you need it.

Thank you for letting us know about the problem. We deeply regret that you were having a hard time trying to deposit, and you couldn't reach out to our support team. Unfortunately, we couldn't identify you on our system and look into your previous inquiries since you didn't provide your account details in your review. If you could contact us directly and share this information with our team, it will help us investigate the issue and understand what happened with your payment.

Please note that generally, it takes a couple of hours for bank transfers to be processed. However, we ask you to allow us extra time when our financial department handles a high number of requests. There could be different causes of why your payment is delayed and not reflected in your account. This requires an investigation, and we strongly encourage you to send us your payment proof if your deposit wasn't credited into your account after 24 hours have passed. These actions could help our team look up your payment and process it.

In the meantime, don’t forget that our team composes of real agents committed to helping you whenever you need it, so please contact us after reading this reply. We’ll make sure to find your payment as soon as possible and keep you updated.

Bank negara malaysia

Length of use: over 1 year

Thank you for reaching out and bringing this question to our attention. Unfortunately, we couldn't identify you on our system and look into your review since you didn't provide any details about your trading account or the bank you were using at the time. We’d really appreciate it if you could get in touch with our team and share the necessary details to help us find out what happened and investigate the matter.

We also want to remind you that our support team is always here to help you. They're available 24/7, and we'll be more than happy to hear from you and assist whenever you need it.

We're looking forward to hearing from you soon.

Length of use: 6-12 months

I have a lot of experience with various brokers, but octafx is the absolut best.

Low spreads.
Great bonus conditions.
Very fast withdrawal without any fees..
Good customer service.

Thank you for sharing such thoughtful feedback about our brokerage. We try really hard to provide the best trading experience for our customers here at octafx. Reading reviews like yours is a great hint that we’re providing our customers with the services that meet their needs, and we truly couldn’t be happier that that’s the case for you. We appreciate you being our client and want to say that you're always welcome on our chat at any time if you have any questions or suggestions.

As we’re already addressed your complaint in the thread you’ve created here on FPA, please allow us to echo what we’ve said here.

Thank you for your patience while we consulted your case with our team. After looking into the matters you brought to our attention, we can see that the cards you used to fund your trading account for the first and second time were different.

Please note that in such cases, our financial department may request verification of the second card to ensure it belongs to you and not to a third party, as all third-party transactions are strictly prohibited here at octafx. Therefore, the procedure is fully in line with our security measures.

We cannot merely block the possibility of conducting further transactions because in cases where funds do belong to a third party, we have to ensure that they’re refunded to the originating account. Therefore, it’s the trading activity that must be restricted to ensure that such money is not used for trading.

Looking into your trading history, we can see that the orders you're referring to were closed 17 hours after you got back access to your account. However, those orders could have been closed before the stop out occurred either in profit or with less loss as the two hours of account locking did not impact them. You decided to trade in the same direction, and it eventually led to the stop out. There were no issues from our side, and your orders were executed as per the market conditions. Unfortunately, there are no grounds for compensation/reimbursement as it was solely your decision to continue trading.

We want to remind you that despite this incident, you're always welcomed to contact us anytime, and we'll be more than happy to hear from you and help with any questions you may have.

I have been trading with this useless trader for 3 months now and im becoming more and more worried about the way this company handles my query or any issues.
1. They say there will be no swaps charged to accounts having funded more than 10k.
But they still keep charging the swaps and later asks me to provide details against the wrongly charged swaps. As in I'm working for octa FX and I will keep all this information ready for them.

2. They don't have a trading practice called partially closing a trade. If you are making losses on the trade you cant close it partially to minimize the loss. Rather it will book the entire loss and again open a new trade of the remaining lot. This is so weird and when I spoke to my account manager he gave fake promises of being working on the resolution.

3. They treat their customer with the least priority and I'm still to get my money reversed from them which now more than 50 days.

Nov 6, 2020 - 1 star octafx is a fraud company.. Beware.. You can lose money even without trading. There is no way you can contact there finance team. It's only the customer support team that never has any clue of what is happening.. In my case, 2 transactions of INR50000 got debited from my account on the 5th october 2020 but did not credit to my trading account. Since then I'm chatting with them every day.. But getting the same response .." madam we have requested for update sorry for the delay".. Every single day they are responding with the same message. After 1 month today on 05th nov, I asked them to arrange a call back from the account manager, when that human called me he was clueless about what is happening on my issue. He said he is following up with the finance team but he was not ready to provide a single email communication regarding the same. Still, no one knows what will happen to my funds. They don't have a call-in number. Only chat support. I have been trading with multiple traders and this is the worst of all. You cant talk to them at all. They don't respond to emails.. I'm very frustrated..

Reply by octafx rep submitted nov 20, 2020 dear shaziya shaikh,

Thank you for taking the time to share your experience with us. We're sorry to read that you had trouble depositing your funds at octafx. We've looked into your review, and as we can see, it is still being investigated by our financial department. We can also see that you've recently mentioned on social media that one of the transactions got back successfully, but there's still one missing. We're extremely sorry that it's taking so long, and we apologize for all the inconvenience you may have faced as a result. Please note that we’re still exchanging with the payment processor and are waiting for updates to provide you with as soon as new information reveals itself.

We wish to assure you that we’re committed to resolving this issue as soon as possible but want to ask you to allow us a bit more time. We understand how uncomfortable you may feel about the matter, and we want to tell you that we take it very seriously. We'll do everything that it takes to prevent such cases in the future and reduce the processing times. Please bear with us and remember that our customer support is constantly checking your case and they will be more than happy to provide you with the latest details.

We're looking forward to hearing from you soon. And we hope that it won't take much time to receive your funds back.

We deeply regret to read about your dissatisfaction with our services. We'll be more than happy to receive feedback from you about what could be improved, considering that the issue with swaps has been resolved and you were compensated.

As for the partial order closure, we're aware of the issue. However, it's not something we could influence and fix immediately as it would require an extensive amount of time and effort once such feedback is passed to the relevant department. However, we want to ensure you that we take your suggestions and recommendations very seriously, and we'll make sure they're all addressed and considered by our team.

We would also appreciate it if you could share what could be improved regarding our customer support services to meet your standards. It's one of our top priorities to ensure that we provide the most convenient trading experience to our customers and everything is done to your satisfaction.

Please send us a message anytime soon. Our team is always here for you, and we'll be happy to hear from you whenever you have any questions.

Maximum leverage 500 times！
for FX 「octafx」

Deposit bonus 50%

Special campaign for new customers

Only now, we offer a special campaign for a limited time only for those who open an account for the first time.
After opening a new account, you will get a 50% deposit bonus every time you deposit.

Low spread

Reliable FX broker

Bonus per transaction

With zero cut system

Prepare your own platform

Equipped with original platform

Only now, we offer a special campaign for a limited time only for those who open an account for the first time.
After opening a new account, you will get a 50% deposit bonus every time you deposit.

Why choose octafx?

Many customers choose octafx for a reason.

Set low spread

Because octafx has a low spread, traders can trade on superior conditions. Please use octafx by all means if you choose at a low fee.

Safe thanks to the zero-cut system

In octafx, minus more than the deposit amount does not occur. The zero cut system is adopted. Therefore, even beginners can trade with confidence.

Various brands are available

Octafx can trade not only foreign exchange but also products such as stock indices and oils. You can choose your investment from a wide range of options.

Financial license holder

Octafx has a financial license, so you can trust it.

Octafx holds the「"saint vincent IFSA license # 19776IBC2011」.|terms of service

Octafx is completely owned by "octafx"

Trade with a regulated broker that adheres to placing clients' asset protection at the forefront.

Octa markets cyprus ltd offers spot forex and contracts for differences (cfds) on assets including equity indices, spot metals and commodities. Octa markets cyprus ltd offers easy-to-use platforms such as metatrader 5 and ctrader.

Octa markets cyprus ltd is authorised and regulated by the cyprus securities and exchange commission (cysec) with license №372/18. Octa markets cyprus ltd complies with european securities and market authority's (ESMA) regulatory standards as well as with market in financial instruments directive (mifid II)

Explore our platforms

Trading platforms are designed to enhance your trading experience. Access your trading account via mobile and desktop platforms.

Metatrader 5 and ctrader trading platforms are carefully designed to meet your trading needs.

Mobile and desktop trading on demo accounts

Trade markets with unlimited virtual funds. Test our trading platforms and your trading strategies with no risk involved by opening a demo account.

Octa markets cyprus ltd security

Negative balance protection

Octa markets cyprus ltd notice

As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992. Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd.

The website is the property of octa markets cyprus ltd.

Octafx – forex broker rating and review 2021

status
	octafx UK limited website
regulation	octafx is an umbrella brand used by two independent broker entities. Octa markets cyprus ltd is an investment firm registered in cyprus and regulated by the cyprus securities and exchange commission (cysec) using the domain octafx.Eu. This enables users to trade with a broker under european regulatory oversight with enhanced levels of safeguards. The octafx.Com website is registered under octa markets incorporated established in st. Vincent and the grenadines which permits its clients to take advantage of higher leverage and bonus promotions.
Trading software	metatrader 4/5, MT4/5 mobile for android/iphone, ctrader, ctrader WEB, calgo
headquartered	2 devonshire square, london, england, EC2M 4UJ

Is octafx scam or legit? Octafx is a trusted global broker that offers a user-friendly platform, and a wide selection of tradable instruments. Octafx acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their clients.

The five octafx benefits

This is why we rank octafx as the best forex broker.

Security. They provide you with a prosperous environment by utilizing the tightest spreads in the industry, providing top market conditions and fixed-rated exchange rates (in some cases). Octafx also offers negative balance protection, the industry’s lowest minimum deposit, no slippage or delays, no swaps, maximum leverage of 1:500, and does not make commission from deposits or withdrawals.

Convenience. Octafx grants local deposit and withdrawal options. Their customer support speaks your language, so it should come as no surprise that they work with local banks and transfer services that enable you to make deposits and withdrawals seamlessly.

Peace of mind. Take comfort in knowing that octafx has won many awards from several forex focused publishers, including an accolade naming them the top broker in asia.

Profit potential. Octafx offers some of the most famous and most lucrative contests. Whether it's for ibs, traders, or demo users, people have been winning huge prizes, like brand new cars, just by trading. There are even weekly random drawings for scooters. They provide a standard 50% deposit bonus, which sometimes climbs to 100% during special events or holidays.

Rewards. Octafx has two unique programs. A free status program, which unlocks a bevy of benefit like even lower spreads, faster withdrawals, and invitations to VIP events. Additionally, you’re awarded incredible gifts just by trading, like macbooks, and all for free.

This octafx forex broker review is meant to help guide those unsure of how to navigate the murky forex waters. Should you focus on who has the best forex app or which broker offers the best copy trade platform? When searching for a forex broker that is right for you, you need to consider several factors, like: are they trustworthy and reliable, what are their fees, how is their platform, do they offer mobile trading, how is their customer service, do they have copy trading services. In this case, we will examine octafx. Is octafx a scam? No, absolutely not.

Octafx has been in the market for years, servicing clients worldwide, but mainly those residing in asia. They're embedded deep within the fabric of society in countries they work with through charitable initiatives. There is not a single forex broker that can claim to be more reliable or trustworthy than octafx.

Octafx has taken home over 35 awards! Most notably, octafx was named the best forex broker in asia (2020), meaning that they are the best forex broker in india, malaysia, indonesia, pakistan, and elsewhere! To top it off, the best forex app belongs to octafx as well, claiming that award back in 2018 when european CEO magazine bestowed upon them that honor. These awards not only signify their respectability, but they denote an opportunity for potential clients to seek refuge with octafx and earn more.

Regulation

Octafx is an umbrella brand used by two independent broker entities. Octa markets cyprus ltd is an investment firm registered in cyprus and regulated by the cyprus securities and exchange commission (cysec) using the domain octafx.Eu. This enables users to trade with a broker under european regulatory oversight with enhanced levels of safeguards. The octafx.Com website is registered under octa markets incorporated established in st. Vincent and the grenadines which permits its clients to take advantage of higher leverage and bonus promotions.

Octafx mobile app

A mobile version is available via the app store, free of charge. In 2019, europe CEO magazine awarded octafx for the best mobile trading app.

The app can used the same way as on desktop. You can modify your leverage, track your contest statistics, make money transfers, activate bonuses, and more. The user interface made the experience fun and easy to maneuver. The app supports nine languages in total.

Education

Whether you live in india, indonesia or pakistan, rest assured that octafx has you covered with daily expert trading advice along with educational insight.

Octafx regularly holds webinars which are beneficial for those new to forex trading and are determined to make a career out of it. While learning on your own is admirable, octafx works with big names in the industry and connects with their base through different mediums.

Copy trading

Several platforms offer services allowing newbies to copy professional traders. Octafx’s program works in a similar way. In fact, according to forex-awards octafx is the ‘best copy trading platform 2020’. What makes octafx’s copy trading platform rise above the rest is the care they put into it.

Of course you can sort through thousands of master traders through the category that appeals to you most and read what they have to say about their trading strategies, but octafx goes a step further. They have in-house experts that closely monitor master trader’s and make sure they’re not engaging in risky trading behavior or misleading copiers.

Customer service

Octafx has first-class customer service, something other brokers could boast about. A representative is available to you 24/7 and they speak your language. When you consider how many countries octafx services, then it becomes even more impressive. Peace of mind may be the most underrated benefit, yet when you need an issue resolved, regardless of the time, octafx is there.

Octafx commissions & spreads

Octafx offers ultra tight spreads. The quotes at octafx are quoted at up to 5 decimal places and start from as low as zero pips for their ECN accounts. There are no commission charges applicable for trades with octafx.

Instrument spreads (in pips)

EUR/USD minimum 0.4 pips

GBP/USD minimum 0.5 pips

AUD/USD minimum 0.6 pips

USD/CHF minimum 0.4 pips

EUR/JPY minimum 0.6 pips

GBP/JPY minimum 0.7 pips

NZD/USD minimum 0.6 pips

Octafx trading information

Octafx — latest reviews and comments 2021

I have tried to withdraw via visa on octafx which is the payment method used to deposit. It declines and they say I must use either skrill or bitcoin, why I cant I use mastercard then? None of the above is the same as the deposit method anyway? Both skrill and bitcoin platforms are terrible and unusable. I need to get my money out please help.

Roshel naidoo 1 february, 2021 reply

And is it absolute that I always have to withdraw with the method of deposit all the time? What if I deposit through my bank card and withdraw through I skrill for certain personally reason and that's the only I can deposit and withdraw would that be impossible?

Mathew joseph 30 january, 2021 reply

If I funded my octafx account and I didn't use to trade and maybe I changed my mind and decided I didn't want to trade can I withdraw back my funds without trading?

Mathew joseph 30 january, 2021 reply

I used my visa card to deposit money however trying to withdraw funds using the same method and octafx declines the request everytime. Consulted with my bank and nothing was rejected by them. Octafx is unable to give me a reason as to why my funds cannot be returned using the same method that they were deposited. Spoke to multiple consultants regarding this.

Roshel naidoo 30 january, 2021 reply

I have a question: after investing with octa, do you need to pay when you want to withdraw your profits and also pay commission to the broker?

Zee 30 january, 2021 reply

I tried logging in today and all I got was "this site can't be reached" (www.Octafx.Com). The customer service rep, (who was in malaysia for some reason), said that there was a problem with the platform (I am on the MT4 platform). What is happening and when will it be fixed?

John bezeredi 27 january, 2021 reply

I am deposit in my copy trading wallet 1829/-rs (25.5 USD) via money transfer from IDFC bank to octafx account it was successful sent but in octafx it was got rejected bcoz of not mentioned octafx in beneficiary name I mentioned some other name it was given in octafx. Now where was my amount 25.6 USD how to get that back.

Shaul hameed mohaideen 17 january, 2021 reply

Dear shaul hameed mohaideen,

Thank you for reaching out and sharing your experience with us. We deeply regret that you had trouble depositing your funds. Unfortunately, we couldn't identify you on our system and look into what happened since you didn't provide your trading account number. Please send it to us directly over the live chat on our official website, and we'll be happy to investigate the issue.

Please don't forget that our team is always here to help, and we're looking forward to hearing from you soon.

Octafx 22 january, 2021

I just tried to withdraw my money, it's still in pendimg list from 1 day. They said money is sent & bank is not responding. Today they say, they themselves didn't sent the money and have some problem with them. Please send my money today.

Pratyush baral 13 january, 2021 reply

Thank you for reaching out and sharing your feelings with us. We deeply regret that your deposit request took longer than you expected. After looking into your review, we've found that it was processed on january 13, 13:15 server time GMT+2, shortly after this review was published. Consequently, we hope that the issue was completely resolved, but if you have any questions, please contact us anytime.

Please note that at octafx, withdrawal requests are processed within a couple of hours. In some cases, when our financial department handles a high number of requests, we ask you to allow us extra time to process your request. The holiday season is usually the busiest time of the year, and in light of what we just referred to, we'd like to ask for your understanding, as this may cause slight delays and holdups. Nevertheless, please rest assured that our team is doing its best to ensure that the processing time doesn't exceed 24 hours.

We also want to encourage you to contact us directly if your payment request is taking longer. Our team is always here to help, and they will be happy to keep you updated on your request's status. So, please don't hesitate to send us a message.

We'll be happy to hear from you anytime soon.

Octafx 19 january, 2021

If I deposit with my local bank, so can I take withdrawal from the same octofx account. Can withdrawal transfer to my skrill account?

Meet 9 january, 2021 reply

Thank you for taking the time to contact us and bring this question to our attention.

Please note that at octafx, your deposit and withdrawal payment methods must match. That said, if you deposit through your local bank, it also should be your withdrawal option. It's an important requirement that follows our customer agreement and AML provisions to provide our clients funds' financial security. Different payment options could be considered in exceptional cases, but regularly, you won't be able to deposit via your local bank and withdraw to your skrill account.

We hope this fully answers your question. However, if you still have any other feedback, we'll be happy to hear from you directly and assist you with it.

Octafx 19 january, 2021

I transferred $10 just for a start but I later discovered the minimum is $50 and I've been demanding for a refund but all to no avail. I've sent my bank statement, receipt but no help coming forth. They keep on saying their financial team can't find it. It's bad. First time first discouragement and disappointment.

John 7 january, 2021 reply

Thank you for letting us know about your experience. We're sorry to hear that you had trouble depositing your funds. Unfortunately, you didn't provide your trading account number, and we couldn't identify you on our system. If you could contact us directly and share your octafx account details, we'll be happy to look into what happened and investigate the matter with our finance department.

Please note that all deposit requests that weren't processed are sent back automatically as refunds. However, if your deposit did not reach your account for whatever reason, we always suggest contacting our team immediately to look up the payment. We also want to point out that you can always find the minimum deposit amount in your personal area when you're creating a deposit request. We strongly encourage you to follow these requirements as it could be crucial in cases like yours and help prevent them from happening.

We're looking forward to hearing from you soon. And we hope that it won't take much time to receive your funds back.

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 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 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 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 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 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 (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 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.

Is octafx legal in india and pakistan?

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

Software trading GRATIS metatrader 4

Download metatrader 4 untuk semua jenis perangkat

Download metatrader 4 di ponsel anda

Platform metatrader 4 web

Platform web MT4 memungkinkan anda untuk trade dari browser pada setiap operating system dengan interface yang terkenal dari platform desktop. Semua tool utama tersedia termasuk one click trading dan chart trading

Metatrader 4 desktop

Metatrader 4 dapat disesuaikan dan nyaman. Termasuk alat grafik, indikator market, scripts dan EA, manajemen risikoyang canggih, eksekusi market real-time dan sebagainnya.

Metatrader 4 android

Nikmati satu set lengkap dari trade order, trading history, grafik interaktif dan berbagai perangkat yang mendukung – semua ada dalam metatrader 4 untuk android. Di mana pun anda berada dan apa pun yang anda lakukan, forex akan selalu bersama anda!

Metatrader 4 ios

Software trading yang paling dikenal luas di dunia, sekarang tersedia untuk iphone/ipad anda. Masuk ke akun anda dan trading di mana saja dengan perangkat ios anda. Anda dapat dengan mudah mengakses keuangan anda kapan pun dan tanpa biaya.

PLATFORM TRADING FOREX PALING POPULER

Metatrader 4 (MT4) menyediakan teknologi canggih dan keamanan tinggi untuk memungkinkan para trader memilih posisi forex atau CFD tanpa mengkhawatirkan stabilitas platform. MT4 menawarkan instrumen untuk mengikuti fluktuasi harga, mengidentifikasi pola tren melalui chart dan grafik, dan juga menerapkan teknik trading otomatis untuk mengelola trade.

Mengapa memilih metatrader 4?

Platform trading elektronik ini digunakan oleh trader baru dan berpengalaman. Dipercaya oleh trader individu serta introducing broker dan perusahaan trading yang besar. Platform tersebut menawarkan alat trading dan analitis yang sangat baik, dan cukup fleksibel untuk menerapkan strategi trading yang sederhana dan yang sangat kompleks. Platform ini mendukung trading di forex, CFD, dan cryptocurrencies.

Di octafx, kami menyediakan klien kami dengan platform MT4 untuk memungkinkan mereka melakukan aktivitas trading mereka secara efisien dan dengan penuh ketenangan. Kami juga menawarkan materi edukasi, serta akun demo MT4, sehingga mereka dapat mempraktekkan trading tanpa resiko.

Trading lebih mudah dengan metatrader 4

Fleksibilitas: ada beberapa pilihan pasangan mata uang yang bisa ditradingkan serta cryptocurrencies dan CFD.

Ramah pengguna: MT4 memiliki tampilan yang ramah pengguna dan cocok untuk semua trader dari berbagai tingkatan.

Penyesuaian: kembangkan expert advisors (EA) dan indikator teknis anda sendiri di metatrader 4, untuk menyesuaikannya dengan kebutuhan anda dan mempraktikkannya. Jendela chart dapat diatur untuk setiap profil sesuai pilihan anda.

Efisiensi: MT4 tidak memperlambat kinerja PC dan ponsel anda, mengurangi gangguan seminimal mungkin.

Alat charting: alat charting yang canggih dapat membantu menganalisa aspek teknis dari market.

Expert advisors: robot trading memungkinkan otomatisasi trade dan akses ke manfaat platform trading algoritmik.

Bahasa: platform tersedia dalam berbagai bahasa.

Pelajari cara memulai trading forex dalam 4 langkah mudah
pelajari cara memulai trading di MT4

Metatrader 4 menawarkan keamanan tingkat tinggi

Platform MT4 menawarkan standar keamanan tingkat tinggi untuk melindungi dana para trader. Terminal klien dan server platform bertukar data melalui server yang terenkripsi, dan platform menggunakan tanda tangan digital RSA. Alamat IP anda juga tetap terlindungi.

Di octafx, keamanan adalah prioritas utama kami. Langkah-langkah yang diambil untuk meningkatkan perlindungan dana yakni:

Akun terpsiah: sesuai dengan standar regulasi internasional, octafx memisahkan dana pelanggan dari aset perusahaan.

Personal area dilindungi SSL: data pribadi dan transaksi keuangan pelanggan dilindungi dengan enkripsi 128-bit, yang membuat browsing aman dan data klien tidak dapat diakses oleh pihak ketiga.

Verifikasi akun: octafx merekomendasikan pelanggan unutuk memverifikasi akun mereka dengan mengirimkan ID pribadi dan bukti alamat untuk memastikan transaksi dilakukan secara sah dan aman.

Aturan penarikan dana yang aman: penarikan dana memerlukan konfirmasi email dan pelanggan dianjurkan untuk menggunakan rincian pembayaran yang sama untuk deposit dan penarikan dana.

Otorisasi visa/mastercard dengan 3D secure: teknologi 3D secure digunakan untuk memproses kartu debit dan kredit.

Pelindungan lanjutan: octafx memastikan lingkungan teknis selalu dipantau selama 24/7 oleh tim insinyur keamanan dan spesialis teknis yang berdedikasi.

Metatrader 4: OS dan kompatibilitas perangkat

Metatrader 4 tersedia di platform web yang cocok untuk OS windows, linux dan mac. MT4 juga dapat diakses dari smartphone atau tablet, baik itu memiliki OS ios maupun android. Trade kapan pun dan di mana pun, dan memiliki akses ke informasi trading selama 24 jam sehari, bahkan saat anda bepergian atau berlibur. Sangat mudah untuk download dan install terminal di perangkat apapun yang cocok.

Metatrader 4: mode eksekusi trade

Order adalah instruksi untuk melakukan trade. Ada tiga mode eksekusi trade di platform MT4:

Eksekusi oleh market: order anda terbuka di harga terkini, bahkan jika ada deviasi dari apa yang terlihat di platform. Ini menghasilkan eksekusi order yang lebih cepat, karena tidak melibatkan requote. *
* didukung oleh octafx

Eksekusi instan: sistem mencoba untuk mengeksekusi order anda menggunakan harga terkini di platform. Jika nilai tukar berubah ketika order sedang diproses, opsi requote menjadi tersedia, yang bisa ditolak atau diterima oleh trader.

Eksekusi atas permintaan: harga diminta sebelum order dipasang. Begitu nilai tukar masuk, eksekusi order dapat dikonfirmasi atau ditolak.

Metatrader 4: alat charting untuk analisis teknis

Metatrader 4 menawarkan kemampuan charting yang canggih untuk menentukan titik masuk dan keluar dengan analisis teknis, yang menggunakan data harga dan volume historis untuk membantu membuat prediksi. Juga memungkinkan untuk mengirimkan order trading langsung dari chart.

Pada umumnya, MT4 dibuka dengan empat chart, masing-masing mewakili pasangan mata uang yang unik. Di sebelah kiri chart ada jendela market watch, dengan dua tab. Tab symbol menampilkan daftar pasangan mata uang dengan harga bid dan ask, sementara tab tick charts menampilkan pergerakan harga terkini dari pasangan mata uang yang dipilih. Di bawahnya ada jendela navigator, di mana trader dapat melihat akun mereka, indicator dan expert advisors.

Tampilan chart bisa disesuaikan. Setiap pasangan mata uang di chart bisa dilihat dalam sembilan time frame yang berbeda (yakni one minute, five minutes, one hour, daily, weekly, monthly). Objek grafis dapat ditambahkan ke dalam chart, seperti shapes (rectangle, triangle, ellipse), arrow dan text.

Octafx – forex broker rating and review 2021

status
	octafx UK limited website
regulation	octafx is an umbrella brand used by two independent broker entities. Octa markets cyprus ltd is an investment firm registered in cyprus and regulated by the cyprus securities and exchange commission (cysec) using the domain octafx.Eu. This enables users to trade with a broker under european regulatory oversight with enhanced levels of safeguards. The octafx.Com website is registered under octa markets incorporated established in st. Vincent and the grenadines which permits its clients to take advantage of higher leverage and bonus promotions.
Trading software	metatrader 4/5, MT4/5 mobile for android/iphone, ctrader, ctrader WEB, calgo
headquartered	2 devonshire square, london, england, EC2M 4UJ

The five octafx benefits

This is why we rank octafx as the best forex broker.

Security. They provide you with a prosperous environment by utilizing the tightest spreads in the industry, providing top market conditions and fixed-rated exchange rates (in some cases). Octafx also offers negative balance protection, the industry’s lowest minimum deposit, no slippage or delays, no swaps, maximum leverage of 1:500, and does not make commission from deposits or withdrawals.

Convenience. Octafx grants local deposit and withdrawal options. Their customer support speaks your language, so it should come as no surprise that they work with local banks and transfer services that enable you to make deposits and withdrawals seamlessly.

Peace of mind. Take comfort in knowing that octafx has won many awards from several forex focused publishers, including an accolade naming them the top broker in asia.

Profit potential. Octafx offers some of the most famous and most lucrative contests. Whether it's for ibs, traders, or demo users, people have been winning huge prizes, like brand new cars, just by trading. There are even weekly random drawings for scooters. They provide a standard 50% deposit bonus, which sometimes climbs to 100% during special events or holidays.

Rewards. Octafx has two unique programs. A free status program, which unlocks a bevy of benefit like even lower spreads, faster withdrawals, and invitations to VIP events. Additionally, you’re awarded incredible gifts just by trading, like macbooks, and all for free.

Octafx has been in the market for years, servicing clients worldwide, but mainly those residing in asia. They're embedded deep within the fabric of society in countries they work with through charitable initiatives. There is not a single forex broker that can claim to be more reliable or trustworthy than octafx.

Regulation

Octafx mobile app

A mobile version is available via the app store, free of charge. In 2019, europe CEO magazine awarded octafx for the best mobile trading app.

Education

Whether you live in india, indonesia or pakistan, rest assured that octafx has you covered with daily expert trading advice along with educational insight.

Copy trading

Customer service

Octafx commissions & spreads

Instrument spreads (in pips)

EUR/USD minimum 0.4 pips

GBP/USD minimum 0.5 pips

AUD/USD minimum 0.6 pips

USD/CHF minimum 0.4 pips

EUR/JPY minimum 0.6 pips

GBP/JPY minimum 0.7 pips

NZD/USD minimum 0.6 pips

Octafx trading information

Octafx — latest reviews and comments 2021

Roshel naidoo 1 february, 2021 reply

Mathew joseph 30 january, 2021 reply

If I funded my octafx account and I didn't use to trade and maybe I changed my mind and decided I didn't want to trade can I withdraw back my funds without trading?

Mathew joseph 30 january, 2021 reply

Roshel naidoo 30 january, 2021 reply

I have a question: after investing with octa, do you need to pay when you want to withdraw your profits and also pay commission to the broker?

Zee 30 january, 2021 reply

John bezeredi 27 january, 2021 reply

Shaul hameed mohaideen 17 january, 2021 reply

Dear shaul hameed mohaideen,

Please don't forget that our team is always here to help, and we're looking forward to hearing from you soon.

Octafx 22 january, 2021

Pratyush baral 13 january, 2021 reply

We'll be happy to hear from you anytime soon.

Octafx 19 january, 2021

If I deposit with my local bank, so can I take withdrawal from the same octofx account. Can withdrawal transfer to my skrill account?

Meet 9 january, 2021 reply

Thank you for taking the time to contact us and bring this question to our attention.

We hope this fully answers your question. However, if you still have any other feedback, we'll be happy to hear from you directly and assist you with it.

Octafx 19 january, 2021

John 7 january, 2021 reply

We're looking forward to hearing from you soon. And we hope that it won't take much time to receive your funds back.

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