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OctaFX reviews

6/10 (votes 2374)

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On-line since: 2011
Country of origin: Saint Vincent and the Grenadines
Regulation: FCA
Payment options: wire transfer, Visa/Mastercard, Neteller
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: up to 1:500
Spreads: fixed, variable, from 0 pips

About the company:

OctaFX is a leading online Forex and CFD broker that was established in 2011. The company is owned and operated by Otc Markets Incorporated registered in Saint Vincent and the Grenadines.

The company strives to use cutting-edge technologies and provide its services for clients in more than 100 countries around the world.

OctaFX has been awarded several prestigious awards. After a year of operation, Global Banking & Finance Review estimated that the company was rapidly developing. In 2103, World Finance Magazine recognized the broker as the best in Central and Eastern Europe. In 2015 and 2016, OctaFX was acknowledged as the best STP broker.

OctaFX gives its clients access to the most reliable trading platforms: MetaTrader 4, MetaTrader 5, and CTrader.

MetaTrader 4

This is the most popular trading platform in the industry. MetaTrader 4 is equipped with charting functions and a wide range of technical indicators. It also supports automated expert Advisor (EAS) trading. It is adapted to PC and mobile devices.

MetaTrader 5

This platform is the latest development of MetaQuotes Software. It is considered credible as MetaTrader 4 and it supports several types of trading orders (market orders, pending orders, trailing stops, and stop orders).

CTrader

All transactions are carried out with the help of ECN technology providing traders with direct access to the market. CTrader is also available in PC and mobile versions.

OctaFX has three types of trading account: Micro, Pro, and ECN. So, clients can trade currencies, metals, indices, and commodities on these accounts. Leverage varies depending on the type of account and trading instrument.

The broker offers narrow spreads. The quotes on OctaFX are set up to 5 decimal places.

The broker’s payment options include wire transfer, credit cards, and Neteller. Withdrawals are made the same way as deposits.

OctaFX customer support service is available 24/5 from Monday to Friday. Traders can contact customer support via email, live chat or by phone. In addition, OctaFX also stays in touch with its clients via social networks.

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Comments about broker

Sena trader

review OctaFX

21-09-22

Octa Forex is a reliable Forex broker. I have been trading with this broker for a year and a half now and I am able to trade comfortably because of their great trading environment. I tested different brokers and finally chose this Octa Forex. They provide good customer support and huge range of bonus offer. I registered account, made a deposit of $500 and got almost $750 . I made handsome amount of profit. On 5th January 2022 I withdraw $500 without delays and issues. Had no problem and so far pleased with the support and tools to manage trades.

Dave trader

review OctaFX

13-12-21

I feel secure cause and money feels secure with Octa Fx and thanks to the quick and helpful customer service. I am currently work on live account with initial capital of a $500 and so far transaction is being nice and average I can take up profit about $500 - $1000 per week. So far, I found their Mt4 platform is nice and easy to use. It is well-designed and really help my trading activities run smoothly. I normally choose Neteller or webmoney for deposit and withdrawal matter. Anyway, I've been with them since 2018 and until now, I haven't encountered major issues that could stop my trading activities with them. All my clients are also happy because they can fund their accounts easily.

Dilbie trader

review OctaFX

13-08-21

I used the CTrader at OctaFX on my trading activities but it was terrible. It kept crashing and sometimes, it even displays the wrong charts or prices. The other platforms are not that great as well so I just decided to close my account. Thankfully, I got the remaining funds completely.

Chumki trader

review OctaFX

06-04-21

OctaFX is one of the finest brokers and I would recommend all type of traders. It has very little spreads which is below 1 pips and it’s enough to truly make a handsome monthly income from Forex. They have CTrader. platform which is very useful for advance analyzing. I feel very comfortable trading with OctaFX!

Vitgea trader

review OctaFX

06-04-21

UBK Markets broker take care their customers and offer services according to customer’s requirements. Their iPro Marketplace platform is tremendous, able to access every feature including advanced charting options with my tablet and mobile, so trading on the move is for genuine. Very cooperative staff always quickly replies to my emails. I made profit and have easily withdrawn profit through WebMoney.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

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