- ECN-Brokers-Main
- Forex Broker
- OctaFX
OctaFX
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Platform
Metatrader4 (MT4) , cTrader -
Min deposit
$5 -
Min lot
0.01 lot Mini account -
Spreads
0.2 pips -
Broker Type
DMA/STP -
Regulated
FCA UK
OctaFX is a Forex Broker . It started opening it’s doors to clients in 2011 , establishing it’s offices in St. Vincent and the Grenadines , United Kingdom, Indonesia. OctaFX (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $5.
OctaFX offers accounts in: USD Account, EUR Account with variable spreads. The lowest spread offered in EuroDollar is 0.2 pips.
It’s platform (MT4 Desktop/Mobile/iOS/Android, cTrader Web/Desktop/Mobile/iOS/Android ) can be traded on Desktop|Mobile|iOS|Android|Web| , it offeres a no feed. The platform is set on GMT+2 and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 500 : 1 Standard Account
On it’s platforms: MT4 Desktop/Mobile/iOS/Android, cTrader Web/Desktop/Mobile/iOS/Android, you can set Trailing Stoploss, No OCO orders, No One click trading, furthermore it offers Mobile trading, No Webtrading and 28 fx pairs. Among the foreign exchange products you can also trade, Gold, Silver, Commodities.
OctaFX (Forex Broker) is regulated by FCA UK, and is a Independent broker.
For all those wondering on the payment and withdrawal method, here is a list of funding methods:
Payments:Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, China UnionPay
Withdrawals from your FX account:Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay
Please take the opportunity to review OctaFX, your feedback is appreciated.
OctaFX - Specs
Broker
| Website | http://www.octafx.com |
| Broker Type | DMA/STP |
| Broker Country | St. Vincent and the Grenadines |
| Regulation | FCA UK |
| Indipendant Broker | Independent broker. |
| Year in Industry | 2011 |
| International Offices | United Kingdom, Indonesia |
Account
| Accept US Clients | Yes |
| Mini account deposit | $5 |
| Standard account deposit | $50 |
| Trading account currency | USD Account, EUR Account |
| Leverage Account | 500 : 1 Standard Account |
| Minimal size lot | 0.01 lot Mini account |
| Leverage Mini account | Mini Account, Standard Account |
Payments
| Funding method | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, China UnionPay |
| Withdrawal method | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay |
Costs
| Commissions | no |
| Costs & Spreads | variable |
| Costs/Lowest spreads on EURUSD | 0.2 pips |
Trading
| Premium trading | no |
| Scalping | yes, scalpers welcome |
| Hedging | |
| EAs allowed | yes |
Platform
| Trading platform type | MT4 Desktop/Mobile/iOS/Android, cTrader Web/Desktop/Mobile/iOS/Android |
| Platform time zone | GMT+2 |
| Decimal pricing | 5 digits |
| Trailing stops | Trailing Stoploss |
| OCO orders | No OCO orders |
| One click | No One click trading |
| Mobile trading | |
| Webtrading | |
| API Solutions |
Products
| Currency pairs | 28 fx pairs |
| Gold Silver | Gold, Silver |
| CFD Trading | No CFD trading |
| Other instruments | Commodities |
Other
| MAM PAMM LAMM | no |
| Managed Accounts | No |
| Swap free accounts | Yes |
| Segregated client accounts |
Promotions and Offers
| Bonuses (T&Cs apply) | Yes |
| Contests | Yes |
