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OctaFX Review

$ 250,00

Minimum Deposit

OctaFX is an outstanding newcomer to the brokerage industry from Saint Vincent and the Grenadines. This FX and CFD service provides only STP and true ECN accounts, which results in no conflict of interest and fully transparent business model. Unlike brokers that operate via market maker model, an account with OctaFX will provide you no requotes, spreads from 0.2 pips and a great speed of execution.


Overall Rating

97%

"Best Broker in Malaysia "

Customer Support
99%
Very Good
Education
98%
Very Good
Deposits
99%
Very Good
Withdrawals
90%
Very Good
Trading Platforms
99%
Very Good

 As a result, OctaFX has been awarded as the Best ECN Broker in Asia 2014. On top of it, the customer service of OctaFX is truly superior and has been recognized with numerous awards for the Customer Service.
  • MetaTrader 4
  • Mobile Apps
  • Live Support
  • US Traders

OctaFX Bonuses

Funding a live account with OctaFX will result in a 50% deposit bonus, which has quite a favorable withdrawal conditions. Unlike most of the brokers that let you withdraw you bonus only in full, OctaFX’s bonuses can be taken out partially. To find out more.

If you are into competitions, then OctaFX would definitely appeal to you by offer a demo contest.

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OctaFX Trading Accounts

Selecting your trading with  is quite easy, you may choose between a Micro and ECN accounts, while both of the accounts could be Swap free.

Micro account is perfect for scalpers since it offers micro lot trading. One may open this account with as little as 5 USD and can trade 12 currency pairs and metals. Below you can see full specifications of the Micro account.

Oct FX

 

OctaFX ECN accounts start at 50 USD and the minimum trading volume per position is 0.1 lot. This account is perfect for the large traders and people that prefer trading exotic pairs, since it has 28 currency pairs available. Below you can see the key features of the account.

 

OctaFX MetaTrader 4

Most of the traders will definitely find switching on  easy, since it offers trading on the most widespread trading platform – MetaTrader 4.

 

With OctaFX you don’t have to be tight to your chair in order to participate in the forex trading. This brokers offers trading terminals for Android, IOS and Windows mobile devices, this way you can always trade on the go.

cTrader

As one of the most innovative brokers,  brings you the freshest and one of the nicest platforms on the market – cTrader. This is a great piece of software available in desktop, web and mobile versions. If you like MetaTrader 4, you will absolutely love cTrader with OctaFX.

 

To learn more about the cTrader trading platform we advice you to try it out on a depo account with OctaFX right now.

cTrader Demo Contest

To motivate you to try out cTrader a bit more, OctaFX now offers weekly demo contest where the prize pool consists of 400 USD and the rounds begin every 2nd week. Click here to participate.

 

Spreads

If you trade a lot, the spread will definitely eat a share of your income. OctaFX gives you access to floating spreads, which can be as low as 0.2 pips and this way you can save a lot on your trading activities.

OctaFX Crypto

 

Deposit and Withdrawal Methods

Money operations are quite comfortable for the clients of OctaFX. Local bank deposits and withdrawals are available at a charge of 25-30 USD, while depositing with a card will be done instantly and at no charge. e-wallets, such as Neteller, Moneybookers (Skrill), FasaPay, UnionPay, PerfectMoney and CashU are also the options for depositing and withdrawing your funds.

octafx mobile

Support

You may reach the support operators via e-mail or live chat anytime during the working days. Also, there are Toll Free phone numbers available for the residence of China and Indonesia.

The quality of the support is great, you get most of your easy queries solves within seconds and the difficult ones usually don’t take more than 5 minutes.

Review Conclusion

OctaFX is a place where quality services and great trading conditions meet each other, while the price of the trading remains low. Unlike many broker that put a restriction of 1000 USD for an ECN account, you can get no requotes for only 5 USD with OctaFX. Although this company doesn’t have a UK or European license, it still offers outstanding trading services. Click here to sign up for a free 8 USD account with OctaFX.

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$ 250,00

Minimum Deposit

$ 250,00

Minimum Deposit