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OctaFX.com Saint Vincent and the Grenadines Based Forex Trading Broker Review

Below is a Forex review of online forex broker OctaFX.com. OctaFX.com broker is based in Saint Vincent and the Grenadines. Below is a list of the most common review questions that traders ask about this online forex broker.

 

Forex Broker reviews - Forex Reviews of OctaFX.com

 

 

Where is OctaFX.com currency broker based

OctaFX is based in Saint Vincent and the Grenadines, its address is:

 

Cedar Hill Crest,

Villa,

Kingstown,
St. Vincent and the Grenadines
.

 

Is OctaFX.com a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker can be found on the brokers’ website.

 

Regulated in Saint Vincent and the Grenadines; the business license is: license number 19776 IBC 2011

 

 

What is the execution method of OctaFX.com

STP, Straight through Instant Execution of orders and ECN, Electronic Communication Network instant market execution of orders.

 

What are the broker spreads of OctaFX.com

The Forex broker spreads are:

 

Spreads

Currency

Spread

EURUSD

1 pips

GBPUSD

1.5 pips

USDJPY

1 pips

USDCHF

2 pips

 

Spreads may vary depending on account type and market volatility.

 

Financial Instruments provided for trading by OctaFX.com

Currencies

 

What are the forex account types of OctaFX.com online broker

  • Micro Account
  • ECN Account

 

 

Does OctaFX.com broker have Islamic Trading Accounts

OctaFx provides swap free Islamic Accounts

 

What are the terms for demo trading accounts for OctaFX.com

$5,000 dollar demo trading account is provided by OctaFX for practice trading. Traders can Choose between an ECN demo Account and a Micro Demo trading account.

 

How is the withdraw and deposit process of OctaFX.com

Bank Wire, Credit card, Liberty Reserve, Moneybookers, Perfect Money methods of deposit and withdraw are provided for money transfer.

Bank wire deposit/withdraw fees $25 - $30 dollars, processing time 1 to 5 business days

Credit card, Liberty Reserve, Moneybookers, Perfect Money provides instant money deposits and withdraws

 

CFD Trading and Forex Trading

 

What is the minimum account opening capital for OctaFX.com

  • Micro Account - $5
  • ECN Account - $50

 

Does OctaFX.com give an account opening deposit bonus

OctaFX provides an account opening deposit bonus of between 10% and 30%.

 

What is the security and reliability of OctaFX.com

What is the Forex broker ratings for OctaFX.com security and reliability

 

Regulated in Saint Vincent and the Grenadines

 

Does OctaFX.com accept scalping

OctaFx allows scalping trading

 

Does OctaFX.com give free trader education to traders

This broker does not provide learn currency trading education for learn trading online.

 

 

What are the trading platforms of OctaFX.com currency broker

Metatrader4

Android Trader

iPhone Trade

 

Is OctaFX.com a MetaTrader 4 Forex broker

OctaFX.com provides MetaTrader 4 software which is the best Forex trading platform according to reviews.

 

This trading platform metatrader4 can be downloaded form the brokers’ website.

 

 

Does OctaFX.com allow automated forex trading

The broker automated trading policy on automated forex trading is:

 

OctaFx allows Expert Advisors automated forex trading is allowed on the metatrader4 platform.

 

What are OctaFX.com broker website sections

The website sections of this trade broker are:

 

Forex Trading Accounts Section: where traders will find information about accounts such as demo practice account and live accounts provided by this currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.

 

Forex Trading Platforms Section: this section provides platforms where a trader can choose one for trading online.

 

Market news section for news and economic news update and commentary.


Economic Calendar section for economic news and events.


Forex calculators, interest rates and quotes section providing various currency trading tools.

 

Tight Spreads - EURUSD: as low as 0.1 pips, GBPUSD: as low as 0.1 pips, USDJPY: as low as 0.1 pips Choose Tight Spreads Account

CFDs Trading and Forex Trading

Regulated Broker

Up To $5K Bonus

Forex Account Opening Bonus

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