The OctaFX broker is the online platform that has provided the forex broker service since 2011. It is controlled under the CySEC license and offers other suitable conditions for forex traders. This trading company is chosen by more than 6.6 clients worldwide. It is mainly popular in Indonesia, Malaysia, and Pakistan. Both the active traders and the passive investors used its services and followed the successful trading strategies to beat the other market participants.
OctaFX trading company
OctaFX is an international broker that offers good and transparent services to forex traders and enhances their trading and experience skills. So, the increase starts from the OctaFX spread review and 0.6pips, and there is no commission allowed on the withdrawal of funds, even the all trading strategies are applied to it.
This broker provides the offers and bonuses that hold the demo or contests account and announces the winners who receive the real money. This brokerage company has various trading tools and other things to provide clients, so they comfortably trade in good working conditions.
It offers the most trading platforms, such as MT4, MT5, and the c Trader. You can easily download these platforms online and start trading from your device with all web terminals. As this broker does not have the availability of cent accounts, so the beginners are not allowed to test the conditions. Only they can trade on these platforms with the help of a demo account.
Benefits of OctaFX trading
Let us tell you about the benefits for the traders when they trade on the OctaFX trading company.
- It offers proven trading platforms such as MT4, MT5, and the cTrader.
- The tight increase from the 0.6pips and the no commission allowed from the non-trading companies to the brokers for the withdrawals and deposits of the funds.
- Broad trading opportunities consist of various assets and access to the service to copy the existing traders.
- It is a licensed broker that easily carries the brokerage activities that Cyprus and the CySEC regulate.
- It allows the execution of more than 97% of orders without slippage.
- This broker company can choose the floating or fixed types of the MT4 accounts.
- Availability of minimum deposit. If you want to start the trading, you only have to deposit atleast $100 into the account.
Drawbacks of the OctaFX trading
- CFDs and cryptocurrencies can not be allowed to be traded on the cTrader accounts.
- Limited choice of investment solutions is provided to create passive income.
- Payment systems are changed regularly.
- The company website does not represent the EPS amount commissions.
Conclusion
In this article, we tell you about one of the forex trading companies, named the OctaFX trading company. We also tell you about the minimum deposit and the benefits and drawbacks of the OctaFX trading. Hope you get the all-important facts about this trading company.
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