OctaFX

OctaFX Information

OctaFX, founded in 2013, is an established brokeraged registed in China. It offers three different account types, including demo account and Islamic account. But it is currently unregulated and lacks security.

Pros and Cons

Is OctaFX Legit?

The current information shows that OctaFX has no valid regulation

What Can I Trade on OctaFX?

OctaFX offers traders the opportunity to trade Forex pairs, Metals, Energies, Indices, Cryptocurrencies, Stocks and Intraday assets.

Account Types

OctaFX offers a total of 3 different types of accounts to traders - OctaTrader , Meta Trader 4 and Meta Trader 5.

OctaFX Fees

OctaFX offers low spreads from 0.6 pips, don't charge commissions for deposits, and cover the fees applied by payment systems for both deposits and withdrawals.

Leverage

OctaFX's maximum leverage levels is from 1:1000, and it is applied depending on the amount of trading account's personal funds:

Trading Platform

OctaFX's trading platform is MT4, MT5 and their own platform called “OctaTrader”, which supports traders on the web and mobile.

Deposit and Withdrawal

The broker supports four payment methods: VISA, bitcoin, skrill and so on. The minimum amount are as follows and the fees are free.

Deposits

Withdrawals