✅OctaFX Broker Review | Scam Status :✅Safely

✅OctaFX Broker Review | Scam Status :✅Safely

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7/10 (Expert Score)
Product is rated as #6 in category Broker
Broker with a good reputation among years of operations and regulatory obligations imposed by the CySEC
Trading Conditions
8
Trading Fee
8
Trust Rating
7
Deposits and Withdrawal
10
Customer Service
9
APP
7
User friendly
10
PROS:
  • 0$ Withdrawal fee
  • Micro Lot trading available
  • Price alerts and push notifications
  • Fee Report
CONS:
  • Inactivity fee
  • High Indices spread
  • Limited deposit and withdrawal option for European clients

What is OctaFx

OctaFx Started since 2011 offer Forex trading investment is kind new brand of forex trader in market , unfortunately  and fortunately  under CySEC(EU) regulation therefore only offer low leverage Forex trading , which is limit risk for client for beginner there so important to learn and use to in low leverage

OctaFX Safe or a scam?

CySEC (Europe):Company Registration Number: 372/18

we have confirm OctaFX is Under regulation at CySEC so is Safely trading and also Negative Balance Protection applied therefore if u over loss more than your deposits , you won’t loss more than your own capital which if happen some thing out control market risk  you don’t need pay for it

OctaFX’s Leverage

CySEC (Europe) & FCA(UK):

  • x30 for major currency pairs
  • x10 for commodities
  • x5 for CFD stocks
  • x2 for Cryptocurrencies

Trading fees

So fee strategy is different according to the platforms while MT5 offers you spread only basis with a minimum spread of EUR USD 0.2 pips, which is a very good offering compared to industry standards. And cTrader brings you access to raw spread from 0 pip for EUR USD pair plus the commission charge of 3$ pet lot. Also, see below the comparison table with a typical OctaFX Spread and compare brokers to other CFD Brokers with CFD fees, commission or inactivity fee if applicable.

Deposits and Withdrawal

Minimum deposit :100$  fee are 0 %

amount is only 100$ allowing to open either Micro Account or a Standard One, in case you wish to trade with Zero account minimum deposit is competitive also, demanding 100$ as a start. However, the amount varies according to the chosen payment method and trading account validation status. Yet, you can read and find all the necessary info in the Members Area.

list of support deposit:

Transfer method Transfer currencies Commission
Master Mastercard USD, EUR 0%
Visa Visa USD, EUR 0%
Bank transfer Bank transfer USD, EUR Your bank’s commission
China Union Pay (CUP) China Union Pay (CUP) CNY 0%
NETELLER NETELLER USD, EUR, INR, BRL 0%
Skrill Skrill USD, EUR 0%
PayPal PayPal USD 0%
Майнинг Биткоина (BTC) • Калькулятор майнинга Биткоинов ... in ... BTC USD 0%

Minimum Withdrawal: 25$ fee is 0$
no matter how much money you withdraw is Free  each time, but by wire, transfer bank could be take up to 20 $ this has taken by the bank

withdrawal are spend 3~8 days by wire tradsfer
withdrawal are spend 3~5 days by Credit card depend bank working days

Trading Platform

MT5 is major platform for trading on OctaFX  which can gain more low fee spread for trading ,  but also you can use MT4 Or to use advanced and very powerful capabilities of cTrader.
more trader friendly software while cTrader is more sophisticated technology also the one that offering ECN Direct Market Access which might be a better option for professionals.

Customer Service

OctaFx cutomer support offer 24/7 live support available through live chat email and phone call support base in 12 language

Education

OctaFx offer fully education for beginner user about the trading process, webinars or analytical research  also available  with user friendly , on main page you can easy to find out  ,Free Forex signals Get automated alerts , also you can find out Copy Trading service combine with Monitoring , which enough for trader earning more money when they offer someone copy they trading math , Analytics also offer time counter which you can easy to get know what’s next big event in market

Summary

Overall OctaFx offer clean high quality trading experience also flexibility in terms of conditions, platforms and instruments it proposes. one of pity is there only offer 30x leverage use which mean is under regulation at CySEC (Europe) , but also reduce trader low risk trading environment

Specification: ✅OctaFX Broker Review | Scam Status :✅Safely

Minimum deposit

100$

Withdrawal fee

0$

Trading platform

cTrader, MT4, MT5

Forex Leverage

500+

CopyTrading

yes

Forex pair

50+

1 review for ✅OctaFX Broker Review | Scam Status :✅Safely

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  1. Leroy Metheny

    Bos informasi transfernya boleh juga. Kecuali informasi Barcelona dan Juventus, boleh juga bro info bola Liga Inggrisnya!

    Helpful(0) Unhelpful(0)You have already voted this

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    ✅OctaFX Broker Review | Scam Status :✅Safely
    ✅OctaFX Broker Review | Scam Status :✅Safely
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