If you’re looking for a broker with reliable email support, OctaFX is worth considering. Experienced OctaFX traders can trade high risk CFD trades to hedge items in their portfolio. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store.OctaFX customers have instant access to the financial market and can completely manage a Portfolio on the go.
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All of this confirms Octa’s status and reputation in the industry. OctaFX is a legitimate company registered in Saint Vincent and the Grenadines and regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). octafx broker reviews The EU entity is registered in Limassol, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). If you’re unsure whether a broker is a scam or a legit company, read our guide and check out customer reviews online.
Always have great experiences with this…
Dear Suleiman Harun,Thank you for taking the time to rate and provide feedback on the Octa Trading platform. At Octa, we continuously strive to enhance our brokerage services by introducing various promotions, offers, and bonus packages. Your input helps us understand how we can further improve our services to better meet your needs.We invite you to follow our social media platforms to stay up-to-date with our latest news and upcoming promotions. Should you have any further inquiries or require assistance, please don’t hesitate to contact us via live chat or by emailing Our team is available to assist you at any time.Kind regards,Octa Rep. Dear Daniel,Thank you for taking the time to rate and provide your feedback on the Octa Trading platform. We’re thrilled to hear that you find our transactions, tools, security, and speed to be some of our best qualities.
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Check out my picks for the best mobile trading apps in the industry. Octa offers barely 230 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments.
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They are well known for being one of the best STP (Straight Trough Processing) ECN brokers on the market. This means that they do not operate a dealing desk and can therefore give you some of the lowest fees. No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app.
OctaFX also accepts applications from their client to become a master. This will allow you to show off your trading prowess as well as build up a community. Of course, it will also give you an opportunity to earn passive income from the spreads and rev share. The compensation is either charged as a commission per lot that you trade or a piece of the spread as a revenue share. You can think of this as the fee that the master is charging to let you follow them. We wanted to see how accurate these stats were so we opened up the live chat option and got an immediate response.
- This variant allows traders to speculate on the price trajectories of commodities without the necessity to possess the underlying assets.
- The OctaFX cTrader platform’s intuitive dashboard is accessible from various devices, making it a state-of-the-art infrastructure for OctaFX traders.
- We’re thrilled to hear that you find our transactions, tools, security, and speed to be some of our best qualities.
- Web traders are available in more than 20 languages and are highly customisable.
- ForexBrokers.co.za is a broker comparison & education website for South Africans.
It includes Scalping, Hedging, and Automated Trading strategies. All traders are offered segregated accounts and negative balance protection by Octa. When we used the OctaFX app, it was easy to integrate an existing MetaTrader profile into the branded app. You can set SMS price alerts and app notifications of market movers.
It’s very simple to enter buy and sell orders, as well as set stop-losses, you can even use Expert Advisors (EAs) for automated trading. OctaFX also offers the chance to trade energy products like Texas Crude, Brent Crude, and Natural Gas. On the plus side, the company has been around since https://forexbroker-listing.com/ 2011 and seems to have plenty of positive reviews across the internet. OctaFX is also registered as a company in Saint Lucia, and its trading name is OctaMarkets. You will also find trading available with micro lots, mini lots, and standard lots with the spread variable or floating.
We have thoroughly analyzed every component of OctaFX to provide a comprehensive and honest review of OctaFX. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. My name is Bontle Phike, I traded with OctaFX I am still waiting for my withdrawal till today. I am still waiting till date, my account manager is Jason and the Agent is Robert Wesley.
The broker has its proprietary trading platform known as OctaTrader, which operates on web and mobile versions. In addition to this, OctaFx is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders. MT4 and MT5 are the gold standards when it concerns automated trading solutions. To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that are available as apps for mobile and on the web. Both iOS and Android versions of the trading platforms are also available for on-the-go traders.