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Independent rating of Forex broker OctaFX

3/10 (votes 100)

On-line since
2011
Country of origin
Saint Vincent and the Grenadines
Regulation
IFSC
Payment options
Visa cards, MasterCard cards, Skrill, CashU, Neteller, FasaPay, UnionPay, BCA, Mandiri, BNI, bank transfers
Minimum account size
$5
Minimum lot size
0,01
Leverage
1:500
Spreads
from 0.2 pips
OctaFX has developed a wide range of services for convenient and high yield forex trading. The company offers live ECN accounts, micro accounts, swap-free accounts, and IB accounts with low spreads.  Real-time market execution of clients’ orders is one of the main advantages of OctaFX.
OctaFX presents MetaTrader4 and cTrader trading platforms designed for personal computers as well as for smartphones.  As the broker says, stability, perfection, and close attention to details sets OctaFX apart from its competitors. At present, thousands of traders use OctaFX services around the world and customer support specialists are available 24/5 to provide clients with a professional help.
Below you can find feedback on the company’s activity and clients’ independent assessment of the broker. If you have already cooperated with OctaFX, please, find time to leave your own feedback to help other traders draw a conclusion about OctaFX.

Comments

Author: Juddy Date: 2022-06-10 06:58:45 (UTC+3)
I'm happy trading with OctaFX. Based on my experience I can say that they are an honest broker. In the beginning time, I open an account and I requested for $100 no deposit bonus. After two days, I received that bonus. That $100 credited to my account, it was really nice beginning for me. From that money, I started to trade and finally managed to profits. I have a stable profit now, I earned mostly $300 monthly. With a good quality trading platform, they also process deposits and withdrawals fast and on time. What a good broker, they have never given me a bad experience since I joined them.
Author: Xheiras Date: 2022-01-28 06:37:42 (UTC+3)
I have been trading with OctaFX since 2021 and so far I am still satisfied with the services. I prefer to trade on my favorite currency pair EUR/USD and the spread offered for the most desired pair is 3 pips and fixed. I don’t have any issues since the trading platform is simple, fast for order execution, and easy to customize. Sometimes, before news out, other brokers will block any trading activities but somehow this broker still manages to allow traders to trade with certain requirements. If anyone is still looking for a forex broker, I would suggest OctaFX.
Author: Jully Date: 2021-10-08 03:04:59 (UTC+3)
I have really enjoyed OctaFX services, especially their withdrawal and execution method. The first time I tried withdrawing $80 from my account through wire transfer, it was very fast. It took just 2 hours before I got my money. Even one of the support departments called me to apologize for delaying, which I was even surprised. Because compared to the two brokers that I have used in the past my withdrawals always take 24 hours or more than. I recommend OctaFX to all.
Author: Nanice Date: 2021-09-30 05:27:36 (UTC+3)
OctaFX is consistent in providing excellent trading services. I truly appreciate the fixed and tight spreads because I am able to scalp without worrying about the fees. Also, order execution is really fast at this broker.
Author: Nomani Date: 2021-06-15 06:51:06 (UTC+3)
This broker is a disaster. I don't recommend it to trade in forex market. There are slippages all the time and several times, my orders and positions in trading platform have been closed without any reason.
Author: Milton Date: 2021-06-14 05:45:34 (UTC+3)
Octafx is a scam, full of problem, daily problems, fake support team, changes every week deposit method list, etc..........
Author: Isabel Date: 2021-06-09 05:23:57 (UTC+3)
With very low minimum initial deposit, I was able to open an account at OctaFX easily. I was so scared at first but after seeing that the company provided abundant resources for Forex education, my worries were gone. I am able to learn a lot while I am doing my trading activities.
Author: Layla Date: 2021-06-07 06:54:42 (UTC+3)
I have been trading in some currencies EUR/USD, GBP/USD, and USD/CAD for a year with OctaFX. I'm trading using their MT4, and I like their platform because it is easy to use and all functions are work. In fact, their platform keeps stable. It's working great, and now it is even better with their new features. They are very consistent in the updates and have excellent customer support. OctaFX is a professional broker.
Author: Celice Date: 2021-02-15 08:05:25 (UTC+3)
One of the best things about OctaFX is the convenience that they provide. Having a lot of choices for payment options allows investors to pick whichever they prefer the most. Also, their platform is very easy to use and their customer support team is highly reachable.
Author: Bashrat Date: 2021-02-05 02:45:42 (UTC+3)
I like to trade with OctaFX. Their platform works nicely and makes me able to earn a profit. The platform is stable even during market volatility. Everything is instant here, they have fast order executions also fast withdrawal process. I like to trade with them because they have a low trading cost, and they are always transparent for the commission. They don't have a hidden commission. OctaFX is a reliable and recommended broker.

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