Who is OctaFX?
OctaFX is an online Forex and CFD brokerage firm founded in 2011.
With OctaFX, you can invest in over 40 financial markets of Forex, Metals, Energies, Indices and Cryptocurrencies.
This popular FX broker has over 1.5 million live trading accounts opened over the years.
To start trading with OctaFX, signup and register from the page below.
If you already have an account with OctaFX, login to the client portal and get started.
OctaFX Company Information
OctaFX brand was founded in 2011, and currently registered as an IBC in SVG.
The broker uses separate accounts to keep protected customers’ funds segregated from the company’s balance sheets.
OctaFX has achieved to open over 1.5 million Forex trading accounts opened.
Traders come from over 100 countries internationally.
For inquiries, their support team is available for 24/5 in multi-language including English, Indonesian, Malay, Thai, Hindi and Urdu.
OctaFX Trading Information
With OnctaFX, you can trade 28 Forex currency pairs, 4 Metals, 2 Energies, 10 Indices and 3 Cryptocurrencies.
The available trading platforms are MT4 (MetaTrader4), MT5 (MetaTrader5) and cTrader.
The main trading servers are located in London.
All orders processed with Market Execution in under 0.1 second.
OctaFX ensures that there is no execution delays and 97.5% of orders are executed without slippage.
Trading conditions such as leverage and cost are different depending on the platform.
| Account Type | OctaFX MT5 | OctaFX MT4 |
|---|---|---|
| Spread Type | Floating | Floating |
| Minimum Spread | 0.6 pips | 0.6 pips |
| Trading Commission | None | None |
| Minimum Deposit | 100 USD | 100 USD |
| Available Markets | 35 currency pairs + gold and silver + 3 energies + 10 indices + 30 cryptocurrencies |
35 currency pairs + gold and silver + 3 energies + 4 indices + 30 cryptocurrencies |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Trading Volume | 0.01 lots | 0.01 lots |
| Maximum Trading Volume | 500 lots | 200 lots |
| Execution Model | Market Execution | Market Execution |
| Execution Speed | Less Than 0.1 seconds | Less Than 0.1 seconds |
| Account Currency | USD and EUR | USD and EUR |
| Margin Call Level | 25% | 25% |
| Stop Out Level | 15% | 15% |
| Hedging Strategy | Allowed | Allowed |
| Scalping Strategy | Allowed | Allowed |
| Use of EAs | Allowed | Allowed |
| Swap Points | None | None |
| Cryptocurrency Trading | Available | Available |
| Sign Up Link | Open OctaFX MT5 Account | Open OctaFX MT4 Account |
NBP (Negative Balance Protection) is fully supported. Thus the maximum loss is limited to the total account balance.
OctaFX charges none for fund deposits and withdrawals. For MT5 and cTrader trading platforms, there is no swap charge/points either.
OctaFX traders can benefit from market scanning tool “Autochartist” for free.
If you are a money manager or an investor, you can also join “OctaFX Copy Trade” to make profit smartly using the system.
To register for Affiliate/IB (Introducing Broker) program, please visit the page here.
Open OctaFX Real or Demo Account
OctaFX Bonus Promotions
OctaFX runs multiple bonus promotions.
Their main promotions are Deposit Bonus and Trading Contests.
OctaFX’s 50% Deposit Bonus is useful to increase your margin and boost up your volume.
All verified traders can join MT4 Demo Contest, cTrader Demo Contest and Supercharged Trading Contest to win gorgeous prizes.
To find out the rules, contest periods and prizes, please visit each competition page.
Have you already been trading with OctaFX? Leave your review and opinion to let other investors know more about the broker!
* CFD Service. Your capital is at risk.
Service Details
| Company | OctaFX (Octa Markets Incorporated) |
|---|---|
| Rating Traders Rating | |
| Regulations Regulations & Licenses | |
| Founded Founded in | 2011 (12 years) |
| Max Lev Maximum Leverage | 500:1 *
Disclaimer about leverage:Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence. |
| USA clients | Not Accepted |
| JPN clients | Accepted |
| Country Base | St. Vincent and the Grenadines |
| Headquaters | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines |
Disclaimer about leverage:
Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.
