✅OctaFX Broker Review | Scam Status :✅Safely

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Product is rated as #10 in category Broker
Trading Conditions8
Trading Fee8
Trust Rating7
Deposits and Withdrawal10
Customer Service9
APP7
User friendly7

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

Now OctaFX offer 50% Welcome Bonus deposit 1000 $ get 1000$ Click Here Get bonus

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OctaFX Company official website
OctaFX Company official website

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?

We have checked that OctaFX is subject to national/regional and government regulations, so it is also suitable for safe transactions and negative balance protection. Therefore, if your loss exceeds your deposit, your loss of funds will not exceed your own capital, if In the event of certain uncontrollable market risks, you will not need to pay additional losses in excess of the principal

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

Leverage

CySEC (Europe) & FCA(UK):

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

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

OctaFX Trading fees
OctaFX Trading fees
OctaFX Deposits and Withdrawal
OctaFX 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:

Deposit/Withdrawal methodCurrencyFee
MastercardMastercardUSD, EUR0%
Visa-CardVisaUSD, EUR0%
Swift國際電匯Bank transferUSD, EURAccording to bank charges
銀聯卡China Union Pay (CUP)CNY0%
NETELLERNETELLERUSD, EUR, INR, BRL0%
SkrillSkrillUSD, EUR0%
✅OctaFX Broker Review | Scam Status :✅Safely world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokersBTCUSD 0%
✅OctaFX Broker Review | Scam Status :✅Safely world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokersUSDTUSDT 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 transfer
withdrawal are spend 3~5 days by Credit card depend bank working days

Trading Platform

OctaFX Copy Trading
OctaFX Copy Trading

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

Education

OctaFX education
OctaFX 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

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The full name of FXTM is Forextime Ltd was founded in 2011 by Andrey Dashin, who is also a major shareholder of online broker Alpari. Since the launch of FXTM, the platform has been expanded to include the MT4 and MT5 platforms developed by MetaQuotes Software, headquarter local at Cyprus 35, Lamprou Konstantara Street, FXTM Tower, Kato Polemidia, CY-4156 Limassol. 

More details +
FXTM provides multiple account options for traders, each of which has pros and cons, from margin to order execution method, tradable market and different pricing rules. For example, one of the advantages of ECN accounts is more competitive pricing, but compared to standard accounts, stop-loss and take-profit prices can only be added after the order enters the market. This restriction is unreasonable.In addition, if traders want to trade CFDs on stocks, they need to open separate accounts and cannot share foreign exchange accounts, which is very inconvenient.All in all, FXTM provides a variety of options for MT4 and MT5, and a wide range of account options allows traders to operate flexibly. In addition to Bitcoin, the addition of more cryptocurrency CFDs also complements FXTM, although it is still not tradable on weekends.It is difficult for inexperienced traders to choose among the many account types of FXTM. In an ideal situation, we hope that the broker can simplify this selection process and recommend the appropriate account type for different experience levels. Finally, the broker's own automated trading strategy and the trading signal service provided by the internal research team have a good yield.
Trading Conditions
10
Trading Fee
7
Trust Rating
10
Deposits and Withdrawal
10
Customer Service
10
APP
9
User friendly
8.5
PROS:
  • Provide multiple execution strategies by account type
  • Regulated by several agencies
  • Including regulation outside the EU
  • Provide crypto currency CFDs
  • FXTM Invest supports automated trading
  • CopyTrading
CONS:
  • ECN accounts have leverage limit requirements and margin limits
  • Certain market areas are divided by account type
  • ECN accounts can only add stop loss and limit orders after execution
  • The maximum order volume per transaction is 30 standard lots
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eToro is founded at 2007 in Israel by Yoni Assia, Ronen Assia, David Ring, from beginning they aiming Stock and forex trading platform for every person in the world, with friendly innovation web-trading platform make every person can easily get started without deep financial acknowledge, now eToro serves more than 13 million users from around 150 worldwide countries.

More details +
the flexibility of the trading on eToro platform and the possibility of broad communication with other trading participants. Working on this platform is truly easy and convenient that offers both investing options or regular trading, along with comprehensive automated trading capabilities.
Trading Conditions
10
Trust Rating
10
Trading Fee
7
Deposits and Withdrawal
8.5
Customer Service
6
APP
10
User friendly
10
PROS:
  • Great Social trading environment
  • Free Stock and ETF trading options
  • demo Account available for practice
  • Quick response and relevant answers
  • Availability of Live Chat
  • Customer-friendly layout
  • Supporting Android and iOS
CONS:
  • Standard login without Face ID option
  • No MetaTrader4 offered
  • Limited range of tools and analysis
  • Only Web Version of the platform
Added to wishlistRemoved from wishlist 0

Pepperstone founded in 2010 offer forex and CFD stock trading service base on Asia-pacific, office and headquarter located in Australia, offer low ping and high quality price quote without slippage. In average Pepperstone is not one of broker which offer fantastic trading app but reliable and fairly trading broker platform, why said like it ? Because most broker usually going price slippage but in pepperstone such report are no usually happened, so for day-trdaer and mass Quantitative Trader are really important even your small trader that's one of crucial priosity.

More details +
In average Pepperstone is not one of broker which offer fantastic trading app but reliable and fairly trading broker platform, why said like it ? Because most broker usually going price slippage but in pepperstone such report are now usually happened, so for day-trdaer and mass Quantitative Trader are really important even your small trader that's one of crucial priosity.
Trading Conditions
10
Trading Fee
10
Trust Rating
10
Deposits and Withdrawal
7
Customer Service
8
APP
9
User friendly
5
PROS:
  • Low slippage
  • Low ping support VPS
  • High speed respown time
CONS:
  • less CFD stock
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FBS Broker founded in 2009  , operation main is Asia located at 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol  service over 700 thousand people in the worldwide including China Indonesia, Russia, the Philippines and even Malaysia has operated office ,FBS is also regulated by Cyprus, a subsidiary of Tradestone Limited, which is a popular jurisdiction for foreign exchange transactions. Tradestone Limited is regulated by the Cyprus Securities and Exchange Commission. According to the MiFID directive, all brokerage companies regulated by CySEC have the right to conduct business in the EU. This makes FBS a safe company that currency traders can invest in.

More details +
FBS offering excellent user UI on mobile App on Android and iOS , when you starting trading at phone  which is take can short time to used it , and they aslo offering multiple type acccoutn  For example, one of the advantages of ECN accounts is more competitive pricing but compared to standard accounts, stop-loss and take-profit prices can only be added after the order enters the market. This restriction is unreasonable.In addition, if traders want to trade CFDs on stocks, they need to open separate accounts and cannot share foreign exchange accounts, which is very inconvenient. a few popular US stock now is allow trading at FBS , and hopefully they soon will add more in future . 
Trading Conditions
10
Trading Fee
7
Trust Rating
7
Deposits and Withdrawal
4
Customer Service
8.5
APP
10
User friendly
9
PROS:
  • friendly user App
  • Provide multiple account types
  • homepage user Friendly
  • Copytrading
  • well education
CONS:
  • less Stock CFD
  • Limited product portfolio
  • less regulation broker
Added to wishlistRemoved from wishlist 2

Lite FX is an international broker that provides favorable and transparent trading conditions and various services for global clients, including STP and ECN accounts. Customers can use various trading tools, such as CFDs、currency pairs、exchange rates、 precious metals、world stock indexes and oil . they offer trader well trading UI without downloand MT4 or MT5  which is convenient than traditional broker Lite Forex has more than ten years of operating history, and now there are many trader. Its headquarters is in Cyprus

More details +
The trading platform used by Lite Forex is one of the best technological advancements and fascinating features. This enhances the trader's experience when executing trades.
Trading Conditions
10
Trading Fee
9.5
Trust Rating
7
Deposits and Withdrawal
4
Customer Service
9
APP
10
User friendly
9.5
PROS:
  • Easy to use.
  • Have advanced charting and drawing tools.
  • Allow social Copy Trading
  • It is suitable for mobile phones and desktop computers.
  • It is easy to customize.
  • Let traders get FX news from reliable sources.
CONS:
  • only regulation in CySEC
  • limited Leverage
  • less stock
  • high fee withdraw

Reference

MT4 and MT5 Trading platform introduce

OctaFX Cysec

OctaFX wiki

7Expert Score
offer welling CopyTrading system
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
7
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

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+

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✅OctaFX Broker Review | Scam Status :✅Safely
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