HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FXCM information and reviews
FXCM
87%
Vantage information and reviews
Vantage
85%

Uncertain times call for trustworthy companies: What about OctaFX?


29 September 2022

Decentralisation of financial services and the growingly independent approach of the individual in entering those new markets have its obvious strengths in terms of financial self-determination. But the downside is the frequent and legitimate question of which financial service merits trust and which ones are out there to take advantage of - or even exploit - unsuspecting new clients.

This time, we set out to get an overview of the trustworthiness, reliability and overall service quality of one such company in question—the international broker OctaFX.

Track record

The broker has been operating in the global market for over eleven years. In the age of the internet, that is an eternity, especially, if you consider how many shady one-day brokers or outright scamming platforms are incepted every single day. Usually, in a competitive and ever-dynamic environment like Forex, the longer a company stays relevant, evolves, and strives to even higher standards, dedication, persistence, and discipline become essential foundations that solidify.

Over 45 crucial industry awards - highlighting achievements and excellence along the way—have been captured by the company as the last decade went by. To just name the most recent ones: 'Best Global Broker Asia 2022' by International Business Magazine, 'Best Forex Broker Malaysia 2022' by the Global Banking & Finance Review, and 'Best Trading Conditions Asia 2021' by Singapore-based World Business Outlook.

Community

Upon investigation, the client base of OctaFX seems solid—the figure of over 12 million opened accounts is a testament to that. Moreover, its clients are spread over 150 countries worldwide, and 8.8 million individual requests have been successfully dealt with so far. In addition, over a billion trade orders were executed with this particular financial service. This might be due to the fact that OctaFX does offer one of the global market’s best trading conditions for its clients.

Responsibility of corporations

In terms of social and charitable engagement, the financial domain sometimes struggles to keep public credibility since companies there make so much profit with their services. OctaFX’s sincerity, diligence, and effort in corporate responsibility are in stock in that regard. Out of the many initiatives we discovered, the latest one was a partnership with the Great Vision Charity Association. They provided six students in Malaysia with otherwise severely lacking allowance for the next twelve months.

Education

Often education and charity go hand in hand at OctaFX. They put an emphasis on not only staying in touch with its client base but also trying to assist clients with achieving their investment goals. The company appears to have unlocked this simple fact: in order to help someone reach their investment goals, good education in the subject matters at hand is necessary and indispensable. 

The broker offers a qualitative online training programme and a diverse pool of experts and educators with many webinars. Personal development is very high on the agenda here.

To secure the experience

Security is the founding block of every financial service or institution—there are just no two ways about that. And with efficient, latest security comes true transparency and reliability. These concepts are all interconnected and, in fact, manifested in the digital infrastructure OctaFX has build up and curated over the years. As a data-driven entity, OctaFX researches and employs the latest in financial technologies to uphold the highest security standard. That is one of the main reasons—another is the user experience—more and more retail investors and traders come in to join OctaFX’s trustworthy ecosystem.

In a nutshell

It all comes down to the long-term connection the broker strives to create and keep with its clients. On the one hand, it’s an international company; on the other hand, it very much manages to stay local—regional awards, like the aforementioned 'Best Forex Broker Malaysia 2022' but frequent charity initiatives in the regions near its actual clients speak clearly of this simple fact.

#source

Share: Tweet this or Share on Facebook


Related

HF Markets Enhances MT4 Offerings with New Blue-Chip Stocks
HF Markets Enhances MT4 Offerings with New Blue-Chip Stocks

HF Markets, in its quest to continually offer an enriched trading experience, has expanded its extensive product range, now boasting over 3,500 offerings. This expansion aligns with the broker's commitment...

29 Nov 2023

Enhancing Trading with HF Markets' Advanced VPS Hosting
Enhancing Trading with HF Markets' Advanced VPS Hosting

HF Markets, steadfast in its commitment to innovation and superior service, now offers exceptional VPS (Virtual Private Server) hosting in partnership with one of the industry’s best providers..

29 Nov 2023

Unlock the Power of Commodities Trading with ModMount
Unlock the Power of Commodities Trading with ModMount

The world of commodities trading has been a cornerstone of the global economy for centuries. It's a market that thrives on the ever-changing dynamics of politics, international financial flows, import-export activities, and even unpredictable weather patterns...

29 Nov 2023

BlackBull Markets' Strategic Partnership With TradingView Elevates Trading Experience
BlackBull Markets' Strategic Partnership With TradingView Elevates Trading Experience

BlackBull Markets, a renowned player in the financial trading sector, has taken a significant leap forward by partnering with TradingView, the world's foremost charting and social trading platform...

27 Nov 2023

BlackBull Markets' Impressive 6th Place in the 2023 Deloitte Master of Growth Index
BlackBull Markets' Impressive 6th Place in the 2023 Deloitte Master of Growth Index

BlackBull Markets' recent achievement of securing the 6th position in the 2023 Deloitte Master of Growth Index marks a significant milestone in its journey as a business...

27 Nov 2023

FP Markets enhances its Commodity CFDs Offering with a range of popular new commodities
FP Markets enhances its Commodity CFDs Offering with a range of popular new commodities

FP Markets, a leading provider of online Forex and CFDs, has announced the expansion of its commodity CFDs offering. In response to increased client demand, the move will allow traders and investors...

27 Nov 2023


Editors' Picks

MultiBank Group information and reviews
MultiBank Group
84%
FP Markets information and reviews
FP Markets
83%
XM information and reviews
XM
82%
Just2Trade information and reviews
Just2Trade
80%
AMarkets information and reviews
AMarkets
78%
IronFX information and reviews
IronFX
77%

© 2006-2023 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.