
OctaFX Regulation - Money Protection
Is OctaFX a safe broker? OctaFX is regulated by 0 high-trust regulators. Read more about OctaFX safety.
OctaFX Overall rating
4.0Rating | Weight | |
User rating | 4.6 (50 reviews) | 3 |
Popularity | 3 | |
Regulation | 2 | |
Pricing rating | 1 | |
Features | Not rated | 1 |
Customer Support | Not rated | 1 |
OctaFX Profile
Company Name | Octa Markets Incorporated |
Categories | Forex Brokers |
Primary Category | Forex Brokers |
Year Founded | 2011 |
Headquarters | Saint Vincent and the Grenadines |
Office Locations | Saint Vincent and the Grenadines |
Account Currency | EUR, USD |
Support Languages | Chinese, English, German, Hindi, Indonesian, Portuguese, Spanish, Thai, Vietnamese, Urdu |
Funding Methods | Bank Wire, Bitcoin, FasaPay, Neteller, Perfect Money, Skrill |
Financial Instruments | Forex, Metals |
OctaFX Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
Websites |
octafx.com
|
Organic traffic rank | 699 out of 813 (Forex Brokers) |
OctaFX Account types
MT4 Micro | cTrader ECN | MT5 Pro | |
Commission | - | $3.00 Per Lot Per 100K USD Traded | - |
Maximum leverage | 500:1 | 25:1 | 200:1 |
Mobile Platform | MT4 Mobile | cTrader Mobile | MT5 Mobile |
Trading platform | MT4 | cTrader | MT5 |
Spread Type | Fixed Spread , Variable Spread | Variable Spread | |
Minimum Deposit | 5 | 500 | |
Minimum Trade Size | 0.01 | ||
Trailing Stops | |||
Scalping Allowed | |||
Hedging Allowed | |||
Islamic Accounts | - |
MT4 Micro | |
Maximum leverage | 500:1 |
Typical Spread | 1.1 pips |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Fixed Spread Variable Spread |
Minimum deposit | 5 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
cTrader ECN | |
Commission | $3.00 Per Lot Per 100K USD Traded |
Maximum leverage | 25:1 |
Typical Spread | 0.7 pips |
Trading platform | cTrader |
Mobile platform | cTrader Mobile |
Spread type | Variable Spread |
Minimum deposit | 5 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed |
MT5 Pro | |
Maximum leverage | 200:1 |
Typical Spread | 0.5 pips |
Trading platform | MT5 |
Mobile platform | MT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 500 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
OctaFX User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
Account types user rating
OctaFX Regulation / Money Protection
This company does not appear to be regulated by any government authority at this time.
OctaFX Symbols
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Investing in assets such as stocks, bonds, cryptocurrencies, futures, options, and CFDs involves considerable risks. CFDs are especially risky with 74-89% of retail accounts losing money due to high leverage and complexity. Cryptocurrencies and options exhibit extreme volatility, while futures can also lead to significant losses. Even stocks and bonds can depreciate quickly during market downturns, and total loss can ensure if the issuing company fails. Furthermore, the stability of your broker matters; in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets. It's vital to align these investments with your financial goals and if needed, consult with financial professionals to navigate complex financial markets.
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