Octafx forex review

OctaFX Review 2021 - Is OctaFX Reliable or Scam?

OctaFX provides a useful download guide on the website. 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.

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. Trading commissions are only charged in the cTrader account, at 0. There are also rollover rates applied on positions held over 3 days. Details of these fees are listed in the product specifications. Leverage in the MT5 account is available up to on currencies.


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Metals can be leveraged up to , indices and energies up to , and cryptocurrencies up to All trading apps come with a customisable mobile interface with clean and accurate trading functions, as well as custom mobile price alerts. 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 offers a few fast funding methods which vary depending on your origin country, including bank cards, Perfect Money and Bitcoin.

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Local bank transfers are also available for traders from certain countries, including Thailand, India and Nigeria. 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. 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. OctaFX traders can open a demo account which provides the same trading experience as a live account but without risking any real investment. You can sign up for a free demo account in just a few minutes. 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 for MT4 users. EU member state residents are therefore protected by strict regulatory standards, including segregated client accounts and protection by the Investor Compensation Fund.


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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. 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 minimum trade volume across all accounts is 0. The main differences between the accounts is the assets available to trade, the spreads and the minimum deposit amounts. The minimum deposit in the Pro account is USD. Commissions are also charged in the ECN account. Feature OctaFX Overall 3. Rank: 22nd. Publicly Traded Listed. Forex Pairs Total.

Octa FX Forex broker description

Cryptocurrency Physical. Cryptocurrency CFD. Virtual Trading Demo. Proprietary Platform.

OctaFX Review: 3 Key Findings for -

Desktop Platform Windows. Web Platform. MetaTrader 4 MT4. MetaTrader 5 MT5. Charting - Drawing Tools Total. Charting - Trade From Chart. Watchlists - Total Fields. Order Type - Trailing Stop.


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Daily Market Commentary. Forex News Top-Tier Sources. Weekly Webinars. Trading Central Recognia. Delkos Research. Social Sentiment - Currency Pairs. Economic Calendar. Has Education - Forex. Has Education - CFDs. Client Webinars. Client Webinars Archived. Videos - Beginner Trading Videos. Videos - Advanced Trading Videos. Investor Dictionary Glossary. Apple iOS App. Alerts - Basic Fields. Watch List Syncing.

Octa FX Review

Charting - Trendlines Moveable. Charting - Multiple Time Frames. Charting - Drawings Autosave.

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