OctaFX
OctaFX has been operating since 2011 with head office in St. Vincent and the Grenadines. They have been collecting many clients worldwide, in the Asia-Pacific region in particular. OctaFX has expanded its operations since then, a testament to its trader-friendly operations. More than 1,500,000 traders choose OctaFX, which should be taken into consideration when estimating OctaFX.
OctaFX deploys a straight-through processing (STP) model and offers traders the choice of the MT4, MT5, and cTrader trading platforms. Besides, it maintains a highly competitive cost structure with a commission-free EUR/USD spread of just 0.4 pips. Octa FX is not a bad choice for many traders of different levels.
CLIENTS | 1 500 000 |
REGULATED | yes |
BONUS | N/A |
TRADING INSTRUMENTS | 40+ |
TRADING PLATFORMS | MetaTrader4, MetaTrader5, cTrader |
MIN. DEPOSIT | $5 |
CURRENCY PAIRS | 28 |
MIN. SPREAD | 0.4 |
MAX. LEVERAGE | 1:500 |
AUTOMATED TRADING | yes |
CUSTOMER SUPPORT | 24/5 |
LANGUAGE SUPPORT | 12 |
ACCOUNT TYPES | Micro, Pro, ECN |
DEPOSIT METHODS | Bitcoin, MasterCard, Perfect Money |
WITHDRAW METHODS | Bitcoin, MasterCard, Perfect Money |
It’s always bothers me that they don’t put a country/address on the website
I used OctaFX last year to manage accounts.
I moved to Abu Dhabi that’s why i have to withdraw my account.
When i withdrew my money, there was a huge discrepancy in the amount i received compared to what i was supposed to get. I lost almost 30% of what i have invested.
When i asked their customer service, they just said that intermediary banks might charge us fees. I doubt if they will charge that high fees.
Please help me resolve this.