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OctaFX reviews OctaFX Discussion
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| CONTACT NOW » | OPEN DEMO ACCOUNT » | OPEN LIVE ACCOUNT » | |
| International offices | Belgium |
| Broker Type | ECN/STP • DMA/STP |
| Broker Status | Independent Broker |
| Accept U.S Clients |  |
| Live Chat |  |
| Phone | +17844574224 |
| Fax | - |
| support@octafx.com | |
| Website Languages | Chinese, English, Indonesian |
Account Information
| Free Demo Account | |
| Min. Deposit | $5 |
| ECN account | $50 |
| Account Currencies | USD • EUR |
| Maximum Leverage | 500:1 |
| Minimal Order Volume |
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| Segregated accounts | |
| Swap-free Accounts | |
| MAM/PAMM accounts | |
| Managed account | |
| Interest on margin | |
| Deposit/ Withdraw Options | WebMoney • Liberty Reserve • Moneybookers (Skrill) • cashU • Bank Wire • Debit/Credit Card |
Trading Terms
| Trading Platforms | MetaTrader 4 (desktop, iPhone, iPad, android, WinMobile) |
| Precision pricing | 5 digits |
| Type of Spread | Floating |
| Commission |
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| Lowest spread on EURUSD | 0.2; typical spread: 1 pip. |
| Scalping | |
| Hedging | |
| Expert Advisors | |
| One-click execution | |
| OCO orders | |
| Mobile Trading | |
| Web Trading | |
| Gold, Silver | |
| CFDs | |
| Other Trading Instruments | Commodities |
| Promotion | OctaFX Bonus |
| Trading Contests | OctaFX Contest |
No requotes, True ECN, fast server, excellent support 30% each deposit bonus excellent broker for me
This guys are real. only that have never withdrawn from them but i like there spread, between 0.2 to 1. I guess they are nice
Thank your for your feedback, we really appreciate it!
8$ no deposit bonus is really nice one, testing it.
It is clear that Octafx cheats their customers.
It is easy to prove, when you press F9 using MT4 and then you can see the spread chart on the left side which looks like this
http://img442.imageshack.us/img442/1484/octafxcheatsbywideningt.png
Here you can see that the spread widens always after a few of ticks up to 3 pips on EURUSD. I could not believe my eyes when I saw this.
This happens during the whole day not only during asia session.
This kind of cheating makes it almost impossible for traders not to hit the higher spread, especially when scalping!
The funny thing is, that their demo accounts have a normal spread chart!
A normal spread chart, from another broker made at the same time, looks like this http://img51.imageshack.us/img51/4664/howanormalspreadchartlo.png
As you can see the spread moves almost parallel.
So when you want to trade with a reliable broker, do not choose Octafx!
I’m not yet trading with octafx but client support service is what impressed me the most. I contact them few times with questions and always get satisfied answers. Soon I will create account and test its trading service. $8 no deposit bonus is good chance for me to do that. Thanks.
With OctaFx I can trae more analized and be carefull. So I can arrange mone managemen better. I satisffied trade with octaFx. Make the new trader trade very carefully.
not diligent broker of OctaFX!
Opened at them the account for receiving a bezdepozitny bonus. Put in order them сканы the documents, passed verification, a bonus enlisted.
Satisfied a condition for bonus removal, gained 2pip, sent the demand for removal прибыли.сначало showed a new condition
without which profit not to remove – according to their reference at forums to leave the positive reviews on them. All right, made!
Further the letter with such contents comes to me to mail: “profit removal to you it is refused, as you have other bonus
accounts”.as such can be?!! Roughly telling me exposed a mosheynik! and if it would be valid so, why then they me
verified and added a bonus! I not once wrote to them, about it, and could provide the additional
documents confirming that I it I.
In reply silence! More than three years trade in the market, such impudence and a mosheynechestvo yet didn’t meet. Profit not big, but time and the untwisted account is a pity,
I think any trader me will understand.
It is really good broker. Very low spread and fast execution. But only downside is that it has not have a mobile trading software yet.
So far so good.. been trading with OCTa for the best part off a year now with their forex bonus and made a few withdraws already using liberty reserve. Good customer service always availible when I need all i need from them now is 100% successful positions and i’ll be even more happy
minimum lots with a low around $ 0.01 to make me as a beginner and only have a small capital to follow the trade, especially in the broker is still providing a welcome bonus of about $ 8, which I think helped at all for a beginner like me to continue learning the trade using real account so that I learn faster and have a lot of experience in the trade
I really satisfied with Octafx. They give $8 no deposit and provided great trading services. I traded with them for a month on the welcome account and never get a requote, all orders filled instantly.
Everything has been fine with my OctaFX account. I deposited last month and I received bonus after depositing. First of all I would like to give this broker a big hand for making a beautiful website. It is one of the cleanest forex broker website that I have see and navigated. They also enabled mobile trading and I think that is very good because nowadays, everyone is on the go and being able to check your order through your mobile phone is really a huge advantage. Actually this is the broker that made me try mobile trading. Although I didn’t really liked it because I am unfamiliar with it, I think that in the future, this will be a good approach.
There are just some things that I’d like this broker to improve. First they should start getting to know MT5. From what I know they still don’t support his platform. I would also love to have Perfect Money and Payza to be added as two of their payment processors.
I think Octafx is The best one Forex Broker with No Deposit Bonus, Tight Spread, And fast execution.
Octafx is great ! . They give $8 welcome bonus and provided great trading services. I made some profit within two days and completed 2 standard lots and withdrew money
OCTAFX BIG SCAM!!!
I am a news trader and I opened an account with octafx.com, I made sure I had confirmed with them they accept news traders and they said they do before i opened my account. I made a deposit of $100 and my profit over time trading various news release rose to $1,127. Soon as I made my very first withdrawal request, they canceled all the profitable trades I have ever made on my account which was a total of 22 trades and the reason they gave is “Latency Arbitrage” I emailed them and told them I do not trade in this manner and I was a news trader which I clearly confirmed with them it was acceptable before I opened my account. All they offered was to give me back my initial deposit which was meant to be $100, however all they refunded me was $50 and every other email I sent them was ignored! I called their so called office number and it sounded nothing like an office environment, rather it sounded like some man in his bedroom answering the phone call. My big question is, if they were very sure my trades where Arbitrage trades, why did they not tell me after my first, second, third or fourth trade. Rather they waited till after 22 trades had been made and immediately I make my very first withdrawal request on the account, that is the moment they realise its arbitrage trading.
OCTAFX.COM IS A BIG SCAM! SCAM!! SCAM!!!
Please Stay away from this broker!!
I am a Forex beginner and have been visiting OctaFx site for the past few days. This is the best site for anybody who wants to trading as beginner in the Forex market. OctaFx gives no deposit Bonus for beginner or who want to open new account and start trading with no deposit bonus also more Bonus with your own money at deposit time . i received 8USD no deposit bonus and completed 2 lots 200 trades * 0.01= 2lots i earned good money with no deposit bonus and also my account is active after withdrawal. His team are wonderful people who intend to help everybody by presenting various trading systems free of cost. They answer each and every question we have with great patience. I am extremely thankful to them and believe God has already reserved for them a special spot in heaven.
thanks OctaFx team and God bless you all.
Best regards
Bilal
l have really experienced a very fast and most efficient execution l have ever had it the best so far for fast traders.l love octa forever.
This is one of my favorite broker. There are several reasons why i am in love with this broker. The main reason is the spread, Only 0.5 Pips for EUR/USD, there will be very few brokers who will charge less than that.
Starting from minimum amount to invest, leverage , promotions everything is super fine and i don’t have any problem with this broker at all. I will definitely suggest all the traders to try this great broker out.
OCTA FX…….So far so good.. been trading with OCTa for the best part off a year now with their forex bonus and made a few withdraws already using liberty reserve. Good customer service always availible when I need all i need from them now is 100% successful positions and i’ll be even more happy
When I first saw this Broker I take them as my best broker because the servces which they offer here is very good and condusive the spread which they are charging seems to be low as well.