⏰ Dec 16, 2024
- Link: Champion Demo Contest from Octa
- Registration open: All year 2024
- Contest dates: Follow schedule. Starts once a month. Expected on the first Monday of the month.
- Duration: 1 month
- To participate: register a demo account
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| Prizes:
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1 - $500
2 - $300
3 - $100
4 - $60
5 - $40
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- How to get: A participant with the highest balance wins the contest.
- Withdrawal: The prize is paid into the client's real account at OctaFX and can be withdrawn
In case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).
- Other conditions: Any trading techniques or EAs are allowed.
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Latest promotions:
Extra promotions:
Comments:
Daksha Goyal
September 28, 2024The customer support is available via live chats/. There is also a collection of articles with answers to frequently encountered difficulties.
Awang Lanang
September 18, 2024Trading is nice here, got a bonus right out the gate for depositing, Octa broker has some great advantages over others in my opinion, they are just better in so many aspects.
Octatrader is debatable.. I feel like it can be improveds a little bit to match the level of matetraders, as it would be hard to compoete with them without having a superb platform.
BEsides this, what they offer is nice, spreads are tught on what I trade (GBP/CAD) and this is importatn to me!
Arulraj Thivy
August 23, 2024For some reason I noticed that in MT4 and in Octatrader I have slightly different spreads. I think they are maybe using different liquidity providers and servers. Some assets are different too.
In general I feel like in Octatrader the spread is less! So it's more beneficial to trade there. The difference in fees is like 5-10%, but for some assets like BTC it is a big difference, a few USD.
Aditya Prasasta
August 19, 2024It is super interesting for me really, we can trading physical products such as gold or silver, but it is cfd..
I dont liking that gold move too fast sometimes, hard for entering on time and exit.
Mose Stokes
August 7, 2024Octa copy trading is rly dope!^-^
It helped me to make my first dimes out of trading.
Mufeed bin Najeem
August 3, 2024Even despite the fact the Octa broker was a bit starange for mei n the beginnin, like it wasn't similar to other platform, I got convinced of its reliabiltiy right after registering an account and making a deposit. *_*
Everything works correctly, Metatrader has tons of instruments and there are many assets with favorable pricing. So... Got no obvious reasons to change this broker, imho.
Laquez White
July 18, 2024Shout out to Jaden form the octa support team! Such a lovely and patient agent
Stuart Ledwaba
June 26, 2024This broker is very straightforward and trustworthy with the offerings, there is no under delivering or under promising, IT'S SUCH A DELIGHT.
Oyo
November 28, 2018Great BROKER.
Terpercaya, hadiah dapat di wd sesuai dengan promonya.
Bintang tujuh (Y)(Y)
aku
October 2, 2018last place $100? reaallly will be paid? or just marketing gimmick? any one been paid for last place?
Norul islam
December 28, 2015nice
ibazk
April 17, 2015saya baru saja menerima hadiah dari octa demo champion dan dananya dapat di
wd. Octa is OK !!!
FXBonus
February 3, 2014Thank you!
Trader
February 2, 2014From rules:
The prize is paid into the client's real account at OctaFX and can be withdrawn
In case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).
surinder singh
November 7, 2013A new breed of online Forex broker, OctaFX is an award winning ECN/STP broker that is based in Saint Vincent and the Grenadines. This broker was acknowledged by Global Banking and Finance Review, an online portal dedicated to covering development in the international financial community, as the fastest growing micro broker in 2012. No doubt, the rapid growth of this broker could be attributed to the high quality services which the broker is providing its clients with. OctaFX recognizes that its clients is it most valuable asset and hence strive for perfection. “Perfectionism in its best sense, professionalism and goal-orientation is what distinguishes the OctaFX team”, said the CEO of the parent company, Octa Markets Incorporated.OctaFX main trading platform is the industry standard MetaTrader 4 (MT4). Highly customizable and stable, the trading platform is fully equipped with various technical tools designed to make the trader’s job in analyzing the market easier. The MT4 trading platform is also available for mobiles devices like iPhones, Android and Window Powered mobile devices.
All features of the standard version of MT4 trading platform is also available on the mobile version.
Account Types
There are two main types of trading account provided by OctaFX, Micro and ECN trading accounts.
Micro Trading Accounts:
• 12 currency pairs + Gold and Silver
• 5 Digits Quotes
• Expert Advisors and Scalping allowed
• Leverage level is up to 1:500
• Margin Call Level is 25%
• Require a minimum of $5 deposit to open
• Stop Out Level is 15%
ECN Trading Accounts:
• Require a minimum deposit of $50
• 28 currency pairs + Gold and Silver
• 5 Digits Quotes
• Expert Advisors and Scalping allowed
• Leverage level is up to 1:500
• Margin Call Level is 25%
• Require a minimum of $5 deposit to open
• Stop Out Level is 15%
Commission & Spreads
The spreads that OctaFX charges are floating and they all start from 0.2 pips regardless of the type of trading account.
Customer Support
OctaFX have always pride itself with a high quality support team that is always within the reach of traders 24/5. To get in touch with the support team, traders can either do it through:
• Live Chat
• Filling in the online Contact form
• Email at [email protected]
• Phone: 4001-200970 (China)
1-800-815-304 (Malaysia)
+17844574224 (St. Vincent and the Grenadines)
As OctaFX is main clientele base is from China and South East Asia, multi-lingual support is available in the following languages:
• Bahasa Indonesia/Malaysia
• Mandarin
Reliability
In terms of reliability, OctaFX have always made this one of its priority. Some of the measures that they have in place include:
Accounts Segregation
OctaFX keeps its corporate funds separate from the clients’ trading funds. This is in accordance to international regulations and accounting standard.
SSL Data Encryption
Personal Data and online financial transactions are protection by encryption with SSL encryption technology.
Account Verification Protocols
All trading accounts have to go through a stringent verification process.
Secured withdrawal
All withdrawal requires an email confirmation thus preventing unauthorized withdrawal by a third party.
3D Secure Technology For Credit/Debit Card Transaction
3D secure technology is used to process all transaction from Visa and MasterCard to ensure the integrity of the transaction.
Security Engineer Team
The backoffice of OctaFX technical environment is monitored 24/7 by a team of security engineers to ensure top level protection.
Pros
The advantages of dealing with OctaFX are numerous. They include:
• Attractive Promo Offers
• Demo Account
• Fast Reliable Executions
• Free Market Analysis
• High Quality Customer Support
• Low Minimum Deposit Requirement
• Provide Ecn Trading Facility
• Stable And Reliable Trading Platform
• True ECN/STP Services
Cons
Although just a micro broker, OctaFX have managed to cover practically every aspect of their clients’ needs. So far, I can’t seem to find anything wrong with this broker.
Conclusion
To conclude, the award that OctaFX is well deserved. Despite being a new broker on the Forex trading scene, they have managed the hearts and minds of many of their clients with the effort and dedication that they put into providing top notch services to their clients. For those who are in the market for a reliable and efficient forex broker, OctaFX certainly come highly recommended.
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