OctaFX - Forex Broker information, rating, reviews

OctaFXhttp://www.octafx.com/
Status
Regulation FCA UK
Trading software Metatrader 4, MT4 Mobile for Android/iPhone, cTrader, cTrader WEB, cAlgo
Headquartered 2 Devonshire Square, London, England, EC2M 4UJ

Octa Markets Incorporated is a worldwide recognized forex broker. OctaFX provides forex brokerage services to its clients in over 100 countries of the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient. Our top goal is the trust and satisfaction of each client's need and requirements. OctaFX sets the highest service level standards and maintains them as well as constantly develops new services and promotions.

Octa Markets Incorporated was registered in 2011 in Saint Vincent and the Grenadines under the license number 19776 IBC 2011. Company's legal and correspondence address is Cedar Hill Crest, P.O. Box 1825, Villa, St. Vincent and the Grenadines. OctaFX activity is supervised and regulated by the authorities of Saint Vincent and the Grenadines under the International Business Companies (Amendment and Consolidation) Act, chapter 149 of the revised laws of Saint Vincent and the Grenadines, 2009, section 5(1). OctaFX acts in full compliance with international legislation and regulation standards. We strongly believe that honesty is the best policy. You can review the Customer Documents as well as AML policy and other important legal documents in Legal Agreements section of www.octafx.com.

OctaFX has developed a variety of options to make your forex trading even more convenient. We offer real ECN accounts as well as micro accounts. The lowest spreads, real market execution, true ECN offset are among the top advantages of OctaFX. OctaFX forex broker offers legal forex trading in Malaysia, Indonesia, Spain, China and many other countries. OctaFX forex company is one of the few FCA UK regulated forex brokers which makes Octa Markets Incorporated a reliable company to trade with. Besides OctaFX is one of the few forex brokers offering really low spreads. Besides the broker offers forex education to its customers.

OctaFX offers trading at both real and demo accounts on a variety of trading platforms including mt4 platform and cTrader. Besides the company is one of the real ecn forex brokers operating currently on the market of currency trading.

OctaFX is indeed a client-oriented company. This said, we are working hard to further improve our services. Stability, perfection and attention to details 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. All these facts let OctaFX broker be always one of the leaders in various forex broker ratings and charts. And doubtless this makes OctaFX stand apart from scam forex companies operating on the financial markets.

On the company’s profile page at our site you can read OctaFX reviews by other traders as well as write your personal OctaFX review of your personal experience with the broker. To add a forex review you need to login to the site. The gold stars signify reviews ratings according to their usefulness as considered by other visitors of the site. 

OctaFX trading information

WWW http://octafx.co.uk/
Address 2 Devonshire Square, London, England, EC2M 4UJ
Headquarters London
Free phone +17844574224
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Forex contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Demo account
Swaps
24 hour trading
Scalping
Hedging
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors 0.3-0.7
Spread Type floating
Leverage 500
ECN, $ 50
Standard account, $ 50
Mini account, $ 5
Other payment methods
Popular payment methods Credit Cards, Wire Transfer, Moneybookers, UnionPay, FasaPay, Neteller, Local banks
Account currencies EUR, USD
Other instruments Gold, Silver
Other languages
Languages English, Indonesian, Chinese, Portuguese, Spanish, Bahasa Malaysia,
Platforms Metatrader 4, MT4 Mobile for Android/iPhone
Broker type Broker
Regulation FCA UK
Foundation 2011
EUR/GBP around 0.7850 on PMIs

EUR/GBP is recording moderate gains at the beginning of the week, retaking the mid-0.7800s after bottoming out near 0.7730 last week...

EUR/GBP forecasts
OctaFX
Round 41 of OctaFX cTrader Weekly demo contest

Time flies, so here are another week's results of OctaFX cTrader Weekly demo contest. Let’s welcome five more winners and five more valuable prizes that were given to the most skillful traders of Round 41 of cTrader Weekly demo contest:

Brokers news
Deposit your euro account with Skrill!

We are glad to inform you that starting from today you can deposit your euro trading accounts with Skrill! OctaFX introduces direct deposits and withdrawals for Skrill in euro currency.

Brokers news

OctaFX
Round 40 of OctaFX cTrader Weekly demo contest

Round 40 of OctaFX cTrader Weekly demo contest showed the outstanding skills and ample experience of Indonesian traders: this time, all the winners happened to be from Indonesia...

Brokers news
Oil rebounds, set for third straight weekly rise

Oil benchmarks on both sides of Atlantic resumed its upward trajectory on Friday, reversing a temporary slide seen the day earlier and remain poised to book third straight week of gains...

Market analysis
OctaFX
Round 19 of Supercharged real contest

There's only one month left till the very end of OctaFX Supercharged real contest, and soon the ultimate winners will be unveiled. Stay tuned to learn who gets Tesla Model S and a whole lot of other outstanding prizes...

Brokers news

Current Rating: 52 %, 48 %


Traders Rating:


OctaFX latest reviews

OctaFX is regulated broker and that is a proof of its reliability. I affirm that it is true. Mostly I am trading here with shares on CDF contracts. Gain profit with exotic currency pairs several times trading on forex market on the MetaTrader 4 platform. Here I get spread compensation or rather spread decrease due to an active trading. Have tried non-dealing desk with direct bank access. It really provides the fastest execution ever and the best pricing. Like this broker.

Darius   15 June, 2016  

I started a month ago and should confess that the things go not so well with this broker as I expected. It doesn’t mean it is bad, but the low spreads seem to be its only strong point. Perhaps one can be impressed by the fast execution but it is not a peculiarity - most brokers do their best to show the high speed. At the same time there is a lack of tools and bonuses. Yeah…they offer a deposit bonus for MT4 account but that is not enough. Within the periods of high volatility I face slippage. The same is observed during news release. So, I could not recommend it but still I would not recommend against it also. Take a try if you want to know more about brokers.

Ed   11 June, 2016  

OctaFX is worth to trade with. Thank you for the German version (Danke schon!), it makes things easier. Their spreads grew only with news releases, because I traded with other brokers and their spreads grew for now reason, this is unfair I think. And withdrawals are really mean profit which you can get, not just a word, you know.

Dangerous   15 December, 2015  
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Most of the instruments provided by this broker are no affordable spreads. No wonder many of the Forex traders never deal with them even once!

bdforext   17 September, 2015  

Dear bdforext,
Thank you for your review. However, as an official representative of OctaFX, I would like to stress that we have the tightest spreads possible (0.2 minimum spread for EUR/USD). I hope you'll have a positive trading experience with us in the future.
Kind regards,
Hanna

OctaFX_Hanna   23 November, 2015

I'm testing OctaFx and first of all (OctaFX pay attention, please)) I am not very satisfied with the payment systems you provide, actually, I would prefer Paypal, but Ok, it is more a preference than a real demand or complaint. Speaking about pluses I would say that the withdrawal process and speed of their services on the whole make me return to OctaFX again and again, more than enough, I was prepared for the worst. Besides I had some issue with their verification process (documents were declined), but their customers service helped me without any delay and much words. I dare say that the withdrawal thing has really surprised me in a positive way, hope that the level of their services will remain the same, any way, I will keep you up to date.

Xian_wei   3 September, 2015  
  


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