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

Ocyafx


Octafx is completely owned by "octafx" because octafx has a low spread, traders can trade on superior conditions.

Free forex bonuses


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


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


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

Please use octafx by all means if you choose at a low fee.


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


platforms_img


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 – forex broker rating and review 2021


octafx UK limited website
status
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.



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.


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.



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


platforms_img


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.


OctaFX


OctaFX


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.



Octafx — forex broker rating, reviews 2021


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.


Octa markets incorporated was registered in 2011 in saint vincent and the grenadines under the license number 19776 IBC 2011. Company's legal and correspondence address is cedar hill crest, P.O. Box 1825, villa, st. Vincent and the grenadines. Octafx activity is supervised and regulated by the authorities of saint vincent and the grenadines under the international business companies (amendment and consolidation) act, chapter 149 of the revised laws of saint vincent and the grenadines, 2009, section 5(1). Octafx acts in full compliance with international legislation and regulation standards. We strongly believe that honesty is the best policy. You can review the customer documents as well as AML policy and other important legal documents in legal agreements section of www.Octafx.Com.


Octafx has developed a variety of options to make your forex trading even more convenient. We offer real ECN accounts as well as micro accounts. The lowest spreads, real market execution, true ECN offset are among the top advantages of octafx. Octafx forex broker offers legal forex trading in malaysia, indonesia, spain, china and many other countries. Octafx forex company is one of the few FCA UK regulated forex brokers which makes octa markets incorporated a reliable company to trade with. Besides octafx is one of the few forex brokers offering really low spreads. Besides the broker offers forex education to its customers.


Octafx offers trading at both real and demo accounts on a variety of trading platforms including mt4 platform and ctrader. Besides the company is one of the real ecn forex brokers operating currently on the market of currency trading.


Octafx is indeed a client-oriented company. This said, we are working hard to further improve our services. Stability, perfection and attention to details is what makes octafx different from our competitors. Our highly educated and well-trained customer care department works 24/5 to answer your inquiries and help you. We are always open to suggestions and feedback. All these facts let octafx broker be always one of the leaders in various forex broker ratings and charts. And doubtless this makes octafx stand apart from scam forex companies operating on the financial markets.


On the company’s profile page at our site you can read octafx reviews by other traders as well as write your personal octafx review of your personal experience with the broker. To add a forex review you need to login to the site. The gold stars signify reviews ratings according to their usefulness as considered by other visitors of the site.



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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.


OctaFX


OctaFX


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.



Octafx review


OctaFX


Octafx


Leverage: 1:30 | 1:500


Regulation: cysec


Min. Deposit: 100 EUR


HQ: SVG, cyprus


Platforms: MT5, ctrader


Found in: 2011


Octafx licenses



  • Octa markets cyprus ltd - authorized by cysec (cyprus) registration no. 372/18

  • Octa markets incorporated - authorized by the FSA (SVG)



Top 3 forex brokers


FXTM review


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FP markets review



  1. What is octafx?

  2. Awards

  3. Safe or a scam?

  4. Leverage

  5. Accounts

  6. Market instruments

  7. Fees

  8. Deposits and withdrawals

  9. Trading platforms

  10. Customer support

  11. Education

  12. Conclusion


What is octafx?


Octafx is a technology based brokerage company that operates since 2011 and offers industry leading platforms such as metatrader5 and ctrader with numerous investment opportunities and great capabilities.


At the beginning of its establishment octafx walked a path from an offshore brand located in SVG and further on operated in the UK, however since 2017 closed its entity and moved to cyprus.


So, together with the european cysec license broker operates also a global offering from its entity, therefore check on carefully under which regulation you will fall as it may propose different trading conditions.


Proscons
forex and cfds offeredphone support not available 24/7
great trading toolsno forex education
MT5 and ctrader platforms offered
fast account opening and free demo account
no commission deposits and withdrawal options

OctaFX website


What type of broker is octafx?


Octafx is an STP forex broker also with high standards of secure trading environment, as of the regulation it imposes. The offering to the clients is wide and even comprehensive since proposes the same if not more investment opportunities to the world trading community.


10 points summary

�� headquartersbroker located in SVG and cyprus
��️ regulationcysec, FSA SVG
�� platformsMT5, ctrader
�� instrumentscfds on commodities, forex, metals, indices and energies
�� demo accountavailable
�� minimum deposit100$
�� EUR/USD spread0.5 pips
�� base currenciesUSD, EUR
�� educationavailable only through international entity
☎ customer support24/5

Awards


Octafx already quite known and operates for a while despite a fact that received its european license just recently. So for the years it operates, octafx participates to various exhibitions and received numerous international awards along with the huge number of active traders registered at the company. That all in all confirm its status and reputable position in the industry, which we will also be able to see in detail further in our octafx review.


OctaFX awards


Is octafx safe or a scam?


The main issue and topic of our octafx review among others if its safe trading environment, which is checked as first due to its regulatory obligation and license under which the broker operated. Octafx launched since 2011 walked a path with various operation licenses including SVG registration, operating the UK branch, yet suspended this entity back in 2017 and target cyprus as its next destination of operation.


Proscons
cysec regulated international brokerpreviously operated only offshore entity
global coverage and years of operation
negative balance protection applied

Is octafx legit?


So, the main gap for these years of operation was the fact that octafx was a brand of the octa markets incorporated company that is registered, regulated and governed by the law of saint-vincent and the grenadines. Which is offshore heaven for its tax-management as well as relative ease to establish a company. Now, since octafx established its legal entity in cyprus and respectively got a license from the local cysec, which also impose regulation according to european ESMA standards.


Therefore, now we can state that octafx and its octa markets cyprus ltd entity shows us a clear state of the compliance to the necessary operation standards.


Since the regulation demands strict follow of forex business operations management, it is considered safe to open an account either with cyprus or international octafx entity.


OctaFX license


How are you protected?


The set of regulatory requirements enables protection to the clients and including – funds segregation, application of negative balance protection while the broker is constantly overseen by the authority in terms of its safety compliance. In addition, there is a security of the traders’ accounts applied by the investor protection and compensation schemes in case the broker goes bankrupt.


Leverage


As for the leverage as a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the octafx broker as well. However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly.


Risk level


The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk to lose money as well.


For this reason, world authorities and regulators restrict leverage to use to specify, safer levels for retail traders. Therefore, octafx cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that european traders or those clients that are registered with octafx european entity will fall under ESMA regulation that recently limited leverage.


Yet, if you still prefer to use high leverage international entity of octafx still allows so.



  • European traders leverage is maximum 1:30 for major currency pairs, 1:10 for commodities

  • International traders can still use leverage until 1:500



Accounts


Another important note within octafx review is a range of account types through which you will access trading. Eventually, the broker offers two account types that also define trading conditions and the platform that is used for trading itself.


Proscons
fast digital account openingnone
single account for metatrader5 or ctrader platforms
demo account offered
option between trading fee models

OctaFX accounts


Types of accounts


As the broker defines by itself the MT5 account offered for a conservative trader as it is suitable for the majority of investors also supporting all trading styles and social trading as well. While ctrader will be more suitable for progressive traders or professionals as offers comprehensive trading conditions with commission based fee structure.


Besides, there is an option to submit for a demo practice account and use its unlimited sources to polish strategy or get to know platforms and octafx conditions better.


Yet, the international proposal includes also ECN and PRO account based on the platforms, besides micro account on metatrader4 platform is offered too. It is recommended for novice traders and allows micro lot trading with floating spreads starting at 0.4 pips or fixed spread at 2 pips.


Trading instruments


So what you can trade with octafx? The market range offers you the most demanded instrument while base on the CFD trading model and offering you an opportunity to speculate on the price movement on forex currency pairs, metals, energies and indices.


Another good point at octafx is its pricing strategy or a fee which you will need to pay for the usage of the octafx trading service. There are two options according to the account type you choose and the platform you use, offered by the octa markets.


While an international brand may offer slightly different conditions, which you may check from the site better.


Proscons
low forex feesinactivity fee
options between spread only or commission fee basis
0$ withdrawal fee
micro lot trading available

Our find on CFD fees


So fee strategy is different according to the platforms while MT5 offers you spread only basis with a minimum spread of EUR USD 0.2 pips, which is a very good offering compared to industry standards.


And ctrader brings you access to raw spread from 0 pip for EUR USD pair plus the commission charge of 3$ pet lot.


Also, see below the comparison table with a typical octafx spread and compare brokers to other CFD brokers with CFD fees, commission or inactivity fee if applicable.


Trading fees of octafx vs similar brokers

asset/ pairoctafx feesavatrade feesetoro fees
EUR USD0.5 pips1.3 pips3 pips
crude oil WTI2 pips3 pips5 pips
gold204045
inactivity feeyesyesyes
fee rankinglowaveragehigh

Here is a snapshot of octafx fees


OctaFX spread


Overnight fee


Also, always consider overnight charge or swap in case you’re holding the position longer than a day. It is always defined by the instrument you trade and may be visible either through a website or platform while trading. See the example on the snap above.


Deposits and withdrawals


Being able to access your funds at any time with ease and convenience is another point with a regulated broker and our octafx review. So together with its strict money management rules, you may fund your account by deposit through a bank account with no complication.


Proscons
no deposit feeslimited deposit and withdrawal option for european clients
withdrawals free of chargeno credit card supported for cyprus entity
wide range of payment methods supported by an international entity

Deposit fees and options


As a licensed broker that obliges to safety measures, octafx cyprus offers only bank wire transfer for its european clients. While international entity includes also credit cards, e-wallets and other methods which you may check with customer service before any transfer is done.



  • Bank wire transfer



What is also great, there is no charges for deposits so you won’t pay any commission, however always define it with your payment provider or bank itself as an international rule vary from jurisdiction to another.


Minimum deposit requirement


By the octafx policy, the minimum deposit set to a EUR100 allowing you to open any account type from the two offered by the broker.


OctaFX deposit


Money withdrawal


Money withdrawal is the same smooth process, while octafx also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, octafx confirms withdrawals within 1-2 business days, but allow extra days for you bank to process the transaction.


Here are the steps to withdraw money from octafx


By a simple follow of instructions, you may access your account and submit a withdrawal. And of course, you may always count on a great help center which is remaining at your assistance.


How do you withdraw money from account?


1. Login to your account. Select on withdraw funds’ at the menu tab


2. Fill in the form and enter the desired withdraw amount


3. Choose the withdrawal method


4. Complete the necessary form requirements


5. Confirm withdrawal details and submit


Trading platforms


Lastly and what we like the most is the octafx platform offering, while you may select either industry leading software also its newer version metatrader5 with all benefits included and not restricted, also with copy trading option. Or to use advanced and very powerful capabilities of ctrader platform.


The choice between the platform is always your and they are indeed very different, also bringing different price model and more suitable trading strategy. Metatrader5 is good for everyone and more trader friendly software, also copy trading available through it.


While ctrader platform is more sophisticated technology also the one that offering ECN direct market access which might be a better option for professionals. Besides, if you open an account with the international brand of octafx there is an option to use metatrader4 and operate through an account with micro lot trading option.


Scores & availability of different platforms


proscons
option between metatrader5 and ctraderno education or video support for european entity, but available through international site
user friendly design
price alerts and push notifications
fee report
supporting various languages
web, mobile and desktop versions
MT4 offered only by international entity

Web trading platform


Both platforms supporting various versions that you may access either just by the load through your browser without any installation which is very useful. Metatrader will bring you all the benefits and powerful capabilities it offers, while ctrader webtrader is also featuring great design and look.


OctaFX platfroms


Desktop platform


However, advanced traders would prefer the desktop version as it feature much more customization capabilities and tools to use. So here both platforms also available for download and suitable for any operating system either ios or windows.


Look and feel


Both platforms are with clear look and feel, indeed ctrader is more complex to understand as it is packed with advanced tools yet the design is easy to navigate and customize.


OctaFX cTrader


Automated trading


Octafx automated trading capabilities are also useful for either beginning or professional trading through the use of popular eas. You may either create your own once or follow a specified strategy available through the community or in the market place.


Mobile trading platform


The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time. MT5 mobile offers various charting capabilities also customization which is fantastic for mobile trading along with full management of your account.


Customer service


Also, octafx customer support provides its clients with 24-hour live support available through live chat, email and phone support in various languages. Eventually, avatrade offers some of the greatest quality support with fast and reliable answers and a huge range of free of charge lines all around the world.


OctaFX customer support


Education


Unfortunately, there is no education center or any learning materials about the trading process offered by cyprus entity, either octafx does not provide webinars or analytical research which is not so good for complete beginners.


However, octafx provides education and analysis through its international brand along with unlimited demo platforms allowing to practice strategies and test the offered systems. So if you’re beginning trader maybe you can see competition or participate to the course using other sources.


Yet, we can forgive this missing point to octafx as there are truly many benefits on the trading conditions they provide.


Proscons
free unlimited demo account availableno education videos, webinars or learning materials provided by the cyprus entity. All education and analysis tools included in the international offering
wide range of trading tools
trading ideas and social trading options
economic indicators and news feed

Research


In addition to its some of the good quality trading offerings among industry, all clients can enjoy absolutely stunning research tools and trading tools that are accessible directly through the platforms. Along with other user-friendly tools including calculator, fantastic and clear charting with built-in news feed and other essential trading data for your better trading.


Conclusion


Overall, octafx review shows us a broker with a quality trading strategy which offers also flexibility in terms of conditions, platforms and instruments it proposes.


While before we had some concerns due to its operation only through offshore entity now the trust is on a certain good level as octafx is regulated by the european cysec aligned with mifid directive. Therefore means its operation aligned to the necessary protection level through its either entity.


Read more about octafx license through our news by the link.


What we also admit is high-tech access to a range of the instrument and multiple platforms either for manual, algorithmic or social trading. It is definitely a great advantage that octafx offers both industry popular metatrader platform and powerful ctrader which is highly regarded by the professional traders.


Nevertheless, make sure to check the proposal of the particular octafx entity as an international brand and a cyprus one offers slightly different conditions. While obviously, octafx international proposal features more comprehensive tools and conditions along with education and research materials also MT4 availability.


Yet, it is always great to hear your personal opinion about octafx. So you may share your experience or thoughts or discuss them below or ask us for additional information.





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