NuInvest Review - How About the Zero-Commission Investment Platform Integrated With Nubank? - WikiFX

Octa Information

Octa Investama Berjangka is a legitimate trading platform licensed by the Commodity Futures Trading Regulatory Agency (BAPPEBTI) of Indonesia and has been in operation since 2012. It offers a wide range of trading products, such as foreign exchange, metals, stock indices, etc. Relying on the MetaTrader 5 platform, it can achieve fast trade execution and professional analysis. The spread can be as low as 0.9 pips, and the leverage can be as high as 1:100. However, commodity futures trading carries a relatively high risk, and the Expert Advisors system is not supported.

Pros and Cons

Is Octa Legit?

Octa Investama Berjangka is a legal and compliant trading platform. It has obtained a license from BAPPEBTI (License number: 54/BAPPEBTI/SI/05/2013) since 2012, and investors can trade on this platform with confidence.

What Can I Trade in Octa?

On the Octa platform, investors can conduct a wide variety of transactions, covering global forex trading, metal trading, stock index trading, and commodity trading. The specific trading underlying assets include 27 currency pairs, 2 precious metals, 5 indices, etc.

Octa Fees

Octa offers floating spreads, with a minimum of 0.9 pips. When investors trade, a fee of 1 US dollar per lot is charged upon opening a position.

Leverage

The maximum leverage ratio provided by the Octa platform is 1:100, enabling investors to use leverage to amplify their trading capital.

Trading Platform

The MetaTrader 5 trading platform is adopted, which is equipped with complete analysis tools and is suitable for investors with different trading levels.

Deposit and Withdrawal

Bonus

The Octa platform has launched attractive bonuses and promotional activities. For example, there are deposit bonuses. Investors can receive corresponding bonus rewards after meeting certain deposit conditions, which, to a certain extent, increases investors' profit opportunities and trading enthusiasm.