OctaFX
- Website:
https://www.octafx.com - Headquarters:
Autonomous Island of Mwali, Comoros Union - Phone:
NIL - Regulated By
MISA - Affiliates:
Available - Founded:
2011
Octa Markets Ltd
General Info:
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has won more than 70 awards since its foundation, including the ‘Most Reliable Broker Asia 2023’ award from Holiston Media and the ‘Best Forex Broker 2023’ award from AllForexRating.com.
Octa offers over 300 assets for investment, including Stock CFDs (150 assets), Currency pairs (35 assets), Commodities, Indices (10 assests) and Crypto.
Octa offers low spreads from 0.6 pips(NZDUSD) and up to 1:500 leverage with microlots (0.01 size) available for everyone, some of the lowest among other brokers.
Octa has 3 types of trading instruments. MetaTrader 4 and MetaTrader 5 and our own The own trading platform, OctaTrader, which is integrated in the Octa trading app for seamless trading experience. Meaning, you don’t have to download separate apps or switch between apps while trading. Deposit, withdraw, manage accounts, trade, read market analysis—everything in one app.
In accordance with international regulation standards, Octa uses a separate account to keep protected customers' funds segregated from the company's assets. This makes your funds secure and safe.
Octa has no restrictions on trading techniques. Any trading strategy is welcomed. Whether scalping, hedging, news trading or EAs. You are welcome to apply these trading strategies at Octa.
For Mobile Android application trading, we have one app for General Octa and another one for social trading - Copytrading. General Octa trading app is dedicated to self-trading. In this app, traders ought to trade by themselves whereas, the copy trading app helps clients to use the best practices of experienced traders and copy their trades. Application APKs are available upon your request. While for iOS application, we have General Octa trading app which is available in every country we operate.
OctaFX Copytrading lets you copy expert traders automatically, saving you the time and effort of creating your own trading strategy. OctaFX Copytrading app is available on Google Play.
Octa offers numerous free resources to help you learn trading. On the Octa YouTube channel, webinars, Q&A sessions, and live trading sessions with experts are conducted weekly—in different languages, including Malay and English. You can also watch the recordings of the past webinars, as they are saved on YouTube and always available. The Octa website has an extensive education section with videos and articles for beginner and intermediate traders.
Investment instruments offered:
Octa offers over 300 assets for investment, including
- Stock CFDs: 150 assets on 16 exchanges with leverage up to 1:20
- Currency pairs: 35 assets with leverage up to 1:500
- Commodities, including gold, silver, United States Natural Gas, and Brent Crude Oil with leverage up to 1:100
- Indices: 10 assets with leverage up to 1:50
- Crypto: 30 popular assets with leverage up to 1:25. Crypto trading is available 24/7
Variable Spreads - FOREX (Average) @ MT5:
| EURUSD | GBPUSD | USDJPY | USDCHF | AUDUSD | EURCHF | EURGBP | USDCAD |
|---|---|---|---|---|---|---|---|
| 0.9 | 1.0 | 1.1 | 1.3 | 1.2 | 1.8 | 2.1 | 1.3 |
Variable Spreads - STOCKS (Average) @ MT5:
| AUS200 | UK100 | FRA40 | EUSTX50 | US30 | US30.Daily | HK.SGX | NAS100 |
|---|---|---|---|---|---|---|---|
| 3.1 | 1.8 | 1.8 | 3.0 | 9.6 | 9.4 | 1.4 | 3.5 |
Variable Spreads - CRYPTO (Average) @ MT5:
| BTCUSD | BCHUSD | BNBUSD | ETHUSD | ETCUSD | DOTUSD | LTCUSD | DOGEUSD |
|---|---|---|---|---|---|---|---|
| 2.8 | 4.4 | 12.0 | 2.0 | 6.0 | 5.8 | 7.3 | 4.5 |
Variable Spreads - COMMODITIES/ENERGY (Average) @ MT5:
| XAUUSD | XAGUSD | XBRUSD | XBRUSD.Daily | XTIUSD | XTIUSD.Daily |
|---|---|---|---|---|---|
| 2.0 | 4.1 | 0.7 | 0.6 | 0.7 | 0.6 |
Variable Spreads - CFD On Stocks (Average) @ MT5:
| APPLE | AMAZON | TESLA | WALMART | NVIDIA | ALIBABA | |
|---|---|---|---|---|---|---|
| 2.1 | 1.8 | 1.8 | 4.0 | 1.8 | 1.3 | 1.3 |
- Trading Instruments:
- MT4, MT5, OctaTrader
- Demo Account:
- Yes (open demo here}
- Swap Free Account:
- Yes
- Mini Account Trading:
- Yes
- Minimum Account Size:
- $5
- Minimum Order Volume:
- 0.01 Lot
- Max Leverage:
- 1:500(Forex), 1:200(Metal/Energies), 1:100(Crypto), 1:200(Indices), 1:20(Stocks)
- Commissions:
- Commission-free - No hidden fees
- Bonus:
- Up to 50% deposit bonus for each deposit
- Traders Program:
- Trade and Win loyalty program, Invite-a-Friend, Status Program
- IB Program:
- Earn 12USD per lot
- Thread of Discussion:
- (click here}