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October 27, 2020

How to make a deposit to OctaFX MT4, MT5 or cTrader account?

How to deposit and withdraw funds to/from OctaFX MT4, MT5 and cTrader trading accounts?

How-to-make-a-deposit-to-OctaFX-MT4,-MT5-or-cTrader-account How-to-make-a-deposit-to-OctaFX-MT4,-MT5-or-cTrader-account

List of available fund deposit methods to OctaFX

To OctaFX’s live trading account, there are various fund deposit methods available for traders.

The number of fund deposit methods available for OctaFX is relatively small.

The main fund deposit methods available for OctaFX MT4, MT5 and cTrader trading accounts are:

Please see the table below for the list and condition of OctaFX’s all fund deposit methods.

Deposit Methods Minimum Amount Cost Processing Time
Perfect Money 5 USD None Instant
Bitcoin 0.00096000 BTC None Up to 30 minutes
VISA 50 EUR None Instant
Mastercard 50 EUR None Instant

The accepted deposit currencies are USD and EUR.

Payment providers may apply their own limitations and requirements to transfers. You can find them on their respective sites.

Each payment method may sometimes take up to one hour. Sometimes the payment system slows down the transfer—this is beyond OctaFX’s control.

To make a deposit to OctaFX, you first need to log in to the client portal from OctaFX Official Website.

Go to OctaFX Official Website

1. Deposit with Perfect Money

To OctaFX’s live trading account, you can use your wallet of Perfect Money to make a deposit.

By using Perfect Money’s wallet, you can technically deposit funds to OctaFX via various methods as Perfect Money accepts deposit via various funding methods.

You can also use credit/debit cards or transfer funds via bank wire, and exchange your funds in Perfect Money’s wallet to manage your funds too.

You can open Perfect Money’s wallet for free and start transferring funds to online Forex brokers instantly.

Make a deposit with Perfect Money

2. Deposit with VISA or Mastercard

Deposits using VISA and Mastercard are the most popular payment methods among traders.

You can use any credit/debit cards with VISA or Mastercard brands.

Just like when you shop online, you can make a payment OctaFX to start trading Forex and CFDs immediately.

For the card deposit, OctaFX might need to verify your card.

If needed, OctaFX’ll request its front side photo in the course of the payment or later.

You can deposit using your own card ONLY.

Deposits made using the cards of your relatives, friends or any other third parties are prohibited.

Make a deposit with cards

3. Deposit with Bitcoin

Bitcoin (BTC) is a stand-alone payment instrument and is not associated with Bitcoin Cash or any other fork of this cryptocurrency.

To make a deposit, scan the QR code with your mobile phone or copy the Bitcoin address below into your Bitcoin Wallet app.

Next, specify the deposit amount right in your Bitcoin Wallet app.

OctaFX only accepts Bitcoin (BTC).

Please note the followings when making Bitcoin transfer:

  • The total of all your Bitcoin deposits cannot exceed $20,000.00 a day.
  • If you do exceed the limit, all your Bitcoin deposit for the last 24 hours will be returned back, excluding the transfer fee.
  • Transferring and trading in your account will be suspended until then. This may take up to three days.

Make a deposit with Bitcoin

4. Internal Transfers between accounts

You can transfer your funds to your Wallet, from it, or between all your active real trading accounts—instantly.

If the currencies of the accounts mismatch, or only one of the accounts applies fixed rate, the transfer amount will be converted to match the destination account.

Up-to-date conversion rate is applied to all operations.

Go to OctaFX Official Website

How to make a deposit to OctaFX?

To make a deposit OctaFX’s live trading account, you first need to open a live trading account.

If you still don’t have an account with OctaFX, go to OctaFX Official Website and open an account for free.

If you have an account with OctaFX, follow the simple steps below to make a deposit to your account today.

  1. Go to OctaFX Official Website.
  2. Log in to the client portal by clicking on “Log In”.
  3. Go to the “Deposit” section from the menu bar.
  4. Select the preferred payment method.
  5. Enter the amount and click on “Continue”.
  6. You will be redirected to a secure page to confirm the money transfer.

Through OctaFX’s client portal, you can make a deposit to your account safely and easily.

All your funds transferred to OctaFX will be deposited into a segregated account that is separated from OctaFX’s own funds.

For more information about the safety of your funds, contact OctaFX’s support team available 24 hours a day and 5 days a week.

Go to OctaFX Official Website

List of available fund withdrawal methods from OctaFX

From OctaFX’s live trading account, you can withdraw your funds at any time as long as you have enough free margin in your account.

You can withdraw funds (your funds and profits) via the method you used for fund deposits.

Please see the available fund withdrawal methods and the conditions in the table below.

Withdrawal Methods Minimum Amount Cost Processing Time
Perfect Money 5 USD None Up to 30 minutes
Bitcoin 0.00096000 BTC None Up to 30 minutes
VISA 50 EUR None Up to 30 minutes
Mastercard 50 EUR None Up to 30 minutes

Please note that due to Anti-Money Laundering restrictions you can only withdraw money in the same currency as the one you used to deposit your trading account.

Withdrawal usually takes 1-3 hours but sometimes may take up to 3 business days.

Make sure you specify your personal account—otherwise the withdrawal won’t come through.

If you’re about to use your account that you’ve never made a deposit from, make any deposit from it first (you can withdraw this amount as well) or contact OctaFX Customer Support.

Visit OctaFX Official Website

How to withdraw funds from OctaFX?

You can withdraw funds from your live trading account at any time as long as you have enough free margin in your account.

To withdraw funds from OctaFX’s live trading account, you first need to log in to the client portal.

Follow the simple steps to request a fund withdrawal today.

  1. Go to OctaFX Official Website.
  2. Go to the “Withdrawal” section.
  3. Choose the preferred withdrawal method.
  4. Type in the amount, account you want to withdraw the funds to and other required information.
  5. Send your withdrawal request.

There is no limit to the amount of profit you can withdraw from OctaFX.

All fund withdrawal requests are taken care of within 3 hours, but sometimes the process takes up to 3 business days.

For any inquiries regarding fund withdrawals, please contact OctaFX’s support team from the Official Website.

Visit OctaFX Official Website

Is my fund safe with OctaFX?

The safety of clients’ funds is the priority for OctaFX.

To protect traders from risks, OctaFX takes multiple measures as follows:

1. NBP (Negative Balance Protection)

OctaFX supports NBP for all live trading accounts.

OctaFX’s NBP protects traders from exceeded losses.

With the NBP, the account balances will be adjusted to zero in case the balance goes below zero (negative).

When using OctaFX’s high leverage, trading a large volume during high volatility in market prices, the losses incurred in your account could exceed the total account balance.

With OctaFX, you will not lose more than you deposit with.

What is NBP in Forex?

2. Segregated Bank Accounts

All funds transferred to OctaFX will be credited to a segregated account that is separated from OctaFX’s account.

By separating OctaFX’s funds and the traders’, the broker makes sure that OctaFX never uses the clients’ funds to operate the service.

When investing with OctaFX, you can withdraw funds at any time from your live trading account.

With OctaFX, all withdrawal requests are processed within 3 hours and send back to your account.

Go to OctaFX Official Website

3. SSL-protected personal area

In OctaFX’s client portal, you can manage your accounts, make a deposit and withdraw funds.

OctaFX’s client portal is secured with SSL protection.

When managing your account’s setting and your funds, you can stay safe thanks to OctaFX’s secure client portal.

Go to OctaFX Official Website

Comparison of OctaFX’s trading account types

With OctaFX, you can choose from MT4 and MT5 account types.

For the difference of trading conditions between these 2 account types, see the table below.

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

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