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OctaFX Review

Octa Markets Incorporated is a forex broker recognized worldwide. OctaFX provides forex brokerage services to its clients in over 100 countries around the world.

OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience incredibly convenient. Our top goal is the trust and satisfaction of each client’s needs and requirements. OctaFX sets the highest service level standards and maintains them, as well as constantly developing new services and promotions.

OctaFX has developed a variety of options to make your forex trading even more convenient. We offer live ECN accounts as well as micro accounts. The lowest spreads, real-time market execution and true ECN offset are among the top advantages of OctaFX.

OctaFX is indeed a client-oriented company. This said, we are working hard to further improve our services. Stability, perfection and close attention to detail 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.

OctaFX — Forex Boker information

OctaFX
Status No status
Broker type Broker, ECN, STP
Traders reviews 1 Review
Foundation 2011
Regulation FCA
License 679306
Languages English, Indonesian, Malaysian, Chinese, Spanish, Portuguese, Thai
Support phone +44 20 3322 1059
Address 2 Devonshire Square, London, England, EC2M 4UJ
Offices in Indonesia, Malaysia, Pakistan
Headquartered in London

Forex Trading information

Accepts US traders No
Trading conditions Min. deposit: $5
Leverage: up to 500:1
Commissions: 0
Pip Spread on Majors: 0,2
Trading platforms MetaTrader4, cTrader
Other trading instruments Spot Metals
Leverage 500:1
Pip spread on majors 0.2
Minimum position size 0.01
Digits after the dot in quotes 5
Spread Type Variable
Min. spread 0.2
Margin call level, % 30
Stop-out level, % 15
Minimum distance to stop/limit orders, pips 2
Guaranteed stop loss No
Guaranteed limit orders No
VPS for traders no
Rebates per 1 standard lot, $ 0
24 hour trading Yes
24 hour support Yes
Mobile trading Yes
Trading by phone No
Automated trading Yes
One-click trading Yes
Hedging Yes
Scalping Yes
Swaps Yes
Pending orders Yes

Forex Account information

Payment methods Bank wire, Visa, Mastercard, local banks in Indonesia, Malaysia, Pakistan; Skrill, Neteller, China Unionpay, Fasa Pay
Account currencies EUR, USD
Mini account, $ 5
Standard account, $ 5
ECN account, $ 50
PAMM No
Institutional accounts No
1st deposit bonus yes
Commissions no
Demo account Yes
Bonuses, Promotions Yes
Forex contests, competitions Yes
Free education No
Daily analysis Yes
Expert advisors Yes
Trading Signals No
Partnership programs No
Affiliate program Yes
Trust management No
Personal manager No
Managed accounts No
Segregated accounts Yes
Interest charges on the balance No
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OctaFX Reviews

  1. I am using Octafx now, so I am just there to make my tiny review and give Octafx a chance to get some more votes ;)) and i hope that it might be helpful either, anyway, so obviously I’m going to say about this company that the only key point here is that they are ECN, so I will always suggest/recommend people to seek broker that’s ECN for obvious reasons, just I think that no one prefers to have a gulf between himself an his broker LOL. I also prefer using cTrader platform, as this is a sort of confirmation type for me and so far I find it pretty good given there are no slippage (at least I have not seen yet) while there is no re-quotes either, so definitely pretty cool platform.

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