What Is Octafx?

Octafx is a financial trading broker. This broker is not regulation from any acceptable authority. So your capital may be at risk becuase of Offshore company from SVG. But this broker has 4.7 star rating at trustpilot which is absolutaly awsome. Octa was founded in 2011. And till now it is working in many countries speacially in Asian countries.

You can find other review about Octafx below.


Open Demo Account

Open Live Account


Regulation

Regulations

License No

Status

**********

Not Regulated

*********

Not regulated


Pros & Cons

Pros

  • Leaverage 1:500
  • Fast withdrawal
  • No withdrawal fee
  • Negitive balance protection
  • Local deposit agent in various jurisdictions
  • Mobile Application

Cons

  • Dealing Desk broker
  • No deposit via paypal
  • Not available for USA clients
  • EFT not available
  • High CFD fees
  • Very lazy support
  • May be bane because of their AML Voilation
  • OFF-shore entity
  • No-availablity of Ctrader
  • one month expiry demo

Feactures

Features

Status

Trustpilot

4.6

Minimum Deposit

5$

Leaverage

Upto 1:500

Spread

start from 0.6pip

Commision

No Commision

Account Type

Micro/standrad/Ultra low

Deposit via

Skrill/Neteller/Debit Credit Card/Perfect Money/Local Deposits/Webmoney/Crypto

Withdrawal Via

Same source of deposit & Local agent

Swap free accounts

Available

MAM Account

Available

Demo Accounts

Available

Raw spread accounts

Not availabe

Service for USA

No

B2B transfer

No

Instant Withdrawal

Almost instant

Trading Contest

Demo contest

Automatic Trading

Allowed

Scalping

Yes

Bonus Offers

50% deposit bonus

Account manager

No

Mt4/Mt5/Application

Available

Forex, CFD, Index, Shares, Metals

Yes

Cent Account

Not available

Deposit withdrawal fee without trading activiity

Yes


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