OctaFX Forum broker reviews

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The broker stated that its purpose is to provide exceptional financial services. This is, for example, professional access to the Forex currency market. It provides transparent conditions for the management of funds, as well as affordable trading conditions. It helps traders to develop their knowledge and skills. It ensures that it improves the conditions of the standards every year, offering ever better market services.

Broker Information

Licenses and certificates held

Unfortunately, we do not know what licenses the broker has. Perhaps in this matter it is worth contacting the broker.

OctaFX – fees and commissions

The broker wrote that it does not charge a commission on deposits and withdrawals, and additionally grants a bonus of 50% on the value of the deposit. It also protects the trader's deposit from negative balance.

Minimum deposit

On the broker's website, it is noted that the minimum deposit amount is $ 25. Several other issues have also been informed and to get acquainted with them, we refer you to the broker's website.

OctaFX – demo account

As the broker claims, it allows you to trade risk-free thanks to a demo account. Its feature is simulated trading just like on a real account.

Reviews about OctaFX on forums and online blogs

Our editorial team checked the online comments about the broker. From their content, it follows that the broker provides professional financial activity. Another mentioned feature of the broker is reliability and trust. Still, some commenters believe that other brokers may have a better deal. According to our editorial board, the diversity of comments makes it impossible to give a final opinion.

Broker headquarters

FAQ

What types of leverage can I choose from a broker?

The broker has specified that the following types of leverage can be chosen: 1:1, 1:5, 1:25, 1:30, 1:50, 1:100, 1:200, 1:500.

How is my identity verified?

As the broker stated, a passport, ID card or other official document is used for this.

Where are the broker's servers located?

The broker stated that its servers are located in London.

Author

  • A lover of matters related to investing and finances. He runs a company dealing with financial optimization methods. Privately, a mother of four and a happy married woman. He enjoys playing the piano, music and singing. After hours he gives private lessons.

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