If you want to get familiar with the Forex world, the best decision for you is to start trading in different brokers. Each of them has its specifications and interesting pros and cons, so you will learn them, while you are practicing your Forex strategy and knowedge easily and quickly! So, today we have decided to introduce you a new Forex broker to put in your to-trade list and to consider whether this is the website you want to remain and continue earning money from the Forex market. Meet our detailed and helpful Octa FX review now!
Octa FX Overview and Specifications to Consider
As the tradition says, we begin our overall Forex broker review with some basic information and the background history of the website. Note that Octa FX platform was established in 2011 year and it is hold by the financially engages company Octa Markets Incorporated. The broker is based and located in Saint Vincent and Grenadines, where the official license is also provided from. The main offices that provide the administration and the customer support services for Octa FX are also located here. Moreover – Octa FX broker has been regulated by the IFSA (St. Vincent and Grenadines’s official financial industry and services regulator). It is interesting to know that Octa FX broker has been also acknowledged by the Global Banking and Finance Review, which is additional, prove for the fact that the platform is more than just trustworthy, but very reputable and well-known across traders from all over the world. Speaking of the customer support services, Octa FX can be called a perfect student of the biggest brokers, which provide such services in a most beneficial and optimal way. The website provides 24/7 customer support services via the following communication methods – email, live chat and instant phone calls. The support, though, is available only in English.
Octa FX broker accepts account creation, deposit and withdrawal making in two main currencies – EUR and US. Speaking of which, the minimum amount for a deposit to begin trading on Octa FX website is very low – only 5$ – which makes the broker a top suggestion for newcomers and beginners, who doesn’t want to risk a lot in their first steps on the Forex market. The account types on the website are standard and micro, while the broker itself is both – ECN and Market Maker according to the type of account you want to open. Affiliate programs, trading by telephone and 3D secure technology for financial transactions are also available on Octa FX broker.
OctaFX Bonus System and Types
Each broker has its own benefits, but all the brokers are usually measured and estimated according to the bonus systems they offer. Well, OctaFX has yet lots to learn about it, because up to now it offers only one single type of a bonus. However, learn more about it, because it is definitely very beneficial for your entire trading experience on this website.
- 1. OctaFX 50% Deposit Bonus – OctaFX deposit bonus gives you 50% of the deposit you make as a reward. The great part about this bonus, though, is that it does not refer only to your initial deposit – like in most websites with their welcome bonuses – but for each deposit you make! Isn’t it just great?
- 2. Demo Account – If you are not sure about OctaFX broker, then, try its demo account. This account is considered a as a kind of bonus since it gives you money for free to trade for test. You do not risk anything, but you can at least how good the platform is.
OctaFX Software Information
OctaFX web administration has wisely decided not to risk, but to power the website with one of the most preferred and beloved among the trading audience software type. OctaFX broker uses the MetaTrader 4 platform, which as you have probably heard or even seen that is quite intuitive, easy to be learnt and full of great options for beginners, who need some more support and help to get the basic rules and strategies in trading, in general. Moreover – OctaFX platform also provides a chance to go for mobile trading with its MetaTrader 4 mobile. The mobile option offers you a possibility to trade from anywhere and at the most convenient for you time. Sounds good, doesn’t it?
Why Choosing OctaFX Forex Broker?
When you wonder whether to choose a broker, or not, it could be helpful for you to read the strong points that each broker you consider has. So, we have gathered the pros for OctaFX website for you, too. Check out them now!
- Strong reliability
- Good customer support services
- Possibility to trade for ECN, too
- Free market analytics
- Leave Forex news streaming
- Reliable and quick trading executions
OctaFX is indeed a reliable and interesting Forex broker! Do not miss to test it!