OctaFX Review: Pros, Cons, And How It Compares | Updated for 2025
This OctaFX review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about OctaFX to give you the most comprehensive guide available.
OctaFX is a world class broker that was founded in 2014. They have around 357 employees that help the company provide , to 30,000+ customers through MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps.
OctaFX Guide – Read our In-Depth OctaFX Review
OctaFX Rating: 3.66 / 10
This OctaFX review page contains information about investing with OctaFX. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of OctaFX does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This OctaFX review contains the latest details about OctaFX.
If you're new to the realm of online trading and brokerages, so many details will no doubt be confusing for you. Getting into the area of online trading requires expert analytical skills and comprehensive knowledge. You'll acquire proficient at all the concepts of online trading and brokerages while you keep trading. For starters, you have to select the ideal broker who'll consistently be transparent with you.
Within the fast-paced universe of financial markets and trading, you'll need guidance to make sensible decisions. A professional, direct investment partner could help you in minimising any potential losses and maximising any returns. OctaFX is just one such broker that will help you. It's crucial to learn all you can about any broker before you trust them with your money.
When engaging in online trading with platforms such as OctaFX, it's crucial to carefully assess OctaFX as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your OctaFX investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and comprehensive in your OctaFX broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of OctaFX, its track record, and reputation is vital. Moreover, ensure the OctaFX broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, OctaFX should be a trusted partner on your trading journey.
Our team has strived to simplify the intricate world of trading with OctaFX into easily understandable information in this OctaFX review. Our goal is to equip you with the knowledge necessary to confidently use OctaFX trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with OctaFX are the cornerstone of successful trading. As such, we've provided this in-depth OctaFX review. So, settle in, grab a cup of coffee, and immerse yourself in learning about OctaFX and how it can work to your advantage, or if OctaFX might not be the right fit for you.
OctaFX Guide for 2025 – Brief Summary
| OctaFX Telephone: | |
| OctaFX Support Email: | smm@octafx.com |
| OctaFX Address: | 133 HOUNDSDITCH, London, Greater London EC3A 7BX |
| Year Founded: | 2014 |
| Regulated By: | Financial Conduct Authority (FCA) |
| Hedquarters: | St. Vincent and the Grenadines |
| Minimum Deposit: | $5 |
| Number Of Clients: | 30,000+ OctaFX users and traders |
| OctaFX LinkedIn: | https://www.linkedin.com/company/octafx-official/ |
| OctaFX Facebook: | https://www.facebook.com/octafx |
| OctaFX Facebook Likes: | 481,785 |
| OctaFX Twitter: | @OctaFX |
| OctaFX Twitter Followers: | 9,807 |
| OctaFX Instagram: | https://www.instagram.com/octafx_official/ |
| OctaFX Instagram Followers: | 103,000 |
| OctaFX Youtube: | https://www.youtube.com/octafx |
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Losses can exceed deposits |
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Our full OctaFX review for beginners covers all you will need to learn about trading with OctaFX. A good broker can take your initial investments and help to protect it from losses but also provide you a platform that can help to provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing objectives.
Of course, there's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you choose them. It is a frequent misconception that all agents will be the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
OctaFX is a trading partner that has forged its way successfully to the brokerage world. Within this review, we've attempted to collate some of the important aspects of OctaFX. This guide can allow you to learn whether OctaFX is a great match for your own investments or not. We've attempted to breakdown all the qualities and charges for your advantage.
Who are OctaFX?
OctaFX is a forex broker headquartered in St. Vincent and the Grenadines and provides a range of tools for trading. Since its establishment in 2014 they have emerged as a top-tier player in the industry of online trading. OctaFX has an extremely professional and full-featured trading site that's focused on forex, indices, metals, sharesand commodities.
Over the past 11 years, OctaFX has developed into one of the leading online brokers available to the public.
After launching in 2014, their customer base has increased to 30,000+ clients.
OctaFX is the favourite of many online traders because of its negative balance protection. Our OctaFX account review found that they are a reputable solution for online trading options. They are most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading options are the core at OctaFX.
Technology plays a significant role at OctaFX. They offers trading on MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps. OctaFX is fair, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also supply in-house research.
The educational section at OctaFX is quite enlightening for new traders since it permits them to get a closer look at the financial markets. OctaFX caters to all sorts of traders and are a must-have broker for any well-diversified approach to trading.
OctaFX Review Videos
Benefits of using OctaFX in 2025
Trading with OctaFX comes with many advantages. These advantages are what sets OctaFX ahead of the rest of the online brokers. You should check all of the advantages listed so you have a better understanding of OctaFX.
The agent goes to great lengths to comprehend what dealers want. Consequently, the service, quick, and convenient. The broker also provides a number of programs for all kinds of traders. OctaFX helps to ensure that the individual needs of all online traders are met to the best of their ability.
OctaFX also features excellent trading conditions which are available to all and not just an elite group of institutional customers. The tight spreads and fast executions are a great benefit for all traders. The technology adopted by OctaFX is of the maximum caliber, making sure that it is fast, dependable, and efficient.
OctaFX admits the importance of having a fast order execution. A quick implementation enables users to exchange without fretting about slippage safely. It will also aid the dealers to grab any opportunities.
Copy trading is another major aspect of OctaFX. A new dealer can learn from industry experts utilizing the automated copy trading alternative. This means you can monitor well performing brokers and instantly mirror their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, OctaFX offers social trading which encompasses leading traders sharing their knowledge with the community. OctaFX's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
OctaFX has over trading instruments to support all types of traders. These tools are lively and convenient for both the new and seasoned traders. All dealers can set aside all their worries when trading with OctaFX.
OctaFX Overview
Year Founded: 2014
Regulated By: Financial Conduct Authority (FCA)
Hedquarters: St. Vincent and the Grenadines
Minimum Deposit: $5
Number Of Clients: 30,000+
Losses can exceed deposits
If you feel that OctaFX is not right for you then at the bottom of this OctaFX review you will find a lot of alternatives to OctaFX.
What you ought to know about trading using OctaFX
OctaFX is a lively platform that offers various techniques of trading. These instruments cover the monetary markets considerably. Most of the brokerage platforms provide less methods than OctaFX
If you want to trade with OctaFX, you'll require a minimum deposit of $5. This deposit is required if you wish to start trading using OctaFX. This 2025 OctaFX review will guide you safely about trading with them.
OctaFX is as versatile as any other broker platform. OctaFX is great for traders who want a manageable variety of low-cost services. The platforms provided by OctaFX are third party, white-label offerings. All traders may choose out of MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps
Together with everything, OctaFX has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade must be kept available. The brokers provide premium client service which rewards customers with benefits.
Many less reputable brokers attempt to pressurise consumers into bigger funding for superior services. OctaFX, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
OctaFX accounts are available all over the world and provides excellent service everywhere they have clients. There are only a select few countries where OctaFX accounts are not available. Traders in the following countries cannot open or use a OctaFX account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is OctaFX Safe To Trade With In 2025?
Established in 2014, OctaFX has been operating for 11 years, they are headquarted in St. Vincent and the Grenadines
OctaFX is regulated by Financial Conduct Authority (FCA). These bodies have rules that ensure that trading platforms have steps in place to keep investor's assets procured. This means that OctaFX users don't need to worry about their money since it is segregated and safely kept in banks that are established. SSL encryption simplifies each user's private information also.
You can make use of an option for Two Factor Authentications (2FA) with OctaFX for increased security. An SMS for the verification code will be sent to your mobile phone. You will be asked to enter this code to log in to your accounts.
Another concern with online trading brokers is in regards to security may be manipulation of trading. This is highly disadvantageous for users on those platforms. However, this is more widespread in the case of Market Maker brokers who compete with users on the platform.
OctaFX Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With OctaFX
Every online trading platform will have a few ups and downs, and no OctaFX review would be complete without showing both sides. This OctaFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
OctaFX Pro's
OctaFX is regulated by Financial Conduct Authority (FCA).
OctaFX has been trading for 11 years.
OctaFX offers customer support over the phone.
OctaFX provides customer support over email.
OctaFX gives access to customer support over livechat.
OctaFX offers guaranteed stop loss.
OctaFX offers negative balance protection.
OctaFX has a low minimum deposit requirement.
OctaFX doesn't charge withdrawal fees.
OctaFX doesn't charge inactivity fees.
OctaFX has over 100 employees.
OctaFX offers social trading.
OctaFX offers copy trading.
You can trade metals with OctaFX.
You can trade energies with OctaFX.
OctaFX Con's
OctaFX is not highly rated by us. OctaFX hasn't won any awards. OctaFX doesn't have a wide range of trading instruments. You can't trade Cryptocurrencies with OctaFX. OctaFX doesn't allow scalping. OctaFX doesn't allow hedging. OctaFX doesn't allow commodity trading.Compare Brokers Similar To OctaFX
Regulation And Licencing In More Detail
OctaFX is regulated by Financial Conduct Authority (FCA).
OctaFX, as a business, has a strong set of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information.
OctaFX Awards
At the time of writing this OctaFX review, and despite OctaFX’s impressive offering, the company has surprisingly not garnered any awards to date.OctaFX Trading Platforms
OctaFX are a professional trading platform that has been open for over 11 years. They offer a wide range of options in their user accounts.
Below we take the main parts of any good online brokerage and compare OctaFX against Startrader, and freetrade.
Trading With OctaFX MetaTrader 4 On iOS Devices
You can download the OctaFX app or also trade with OctaFX through the MetaTrader 4 application on the Apple app store.
Download the OctaFX MetaTrader 4 Program free of charge from Apple's App Store. OctaFX customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With OctaFX MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. OctaFX provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 30,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android OctaFX MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to begin on OctaFX is $5. This is an adequate amount for people just starting out. You can make more advanced deposits as you cooperate. But, make certain that you know how to make the most of your cash before investing in larger sums.
Commission And Fees Explained
OctaFX is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly three types of fees for this objective.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you are spending a spread, funding speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those who are billed when you hold a leveraged position for longer than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, OctaFX doesn't charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by OctaFX are relatively lower. Consequently, you're billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of assets.
This OctaFX review breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees Of OctaFX
OctaFX Withdrawal Fees Explained
OctaFX doesn't charge withdrawal fees.Withdrawal of money is possible at any moment from the OctaFX account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to remember is that you don't necessarily have to have any money in your accounts.
Moreover, the withdrawn money will be transferred directly to the accounts you use to make deposits. Thus, if you used a credit card for deposits, the withdrawn cash is going to be sent into the cardOctaFX will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you are choosing to withdraw in.
OctaFX Inactivity Fees Explained
OctaFX doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees are indicated by OctaFX, it is better that you close the account if you are inactive. Inactivity fees are not just charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you've selected. The inactivity fee is exposed to a lot of circumstances and needs to be disclosed clearly by the agent beforehand.
OctaFX Deposit Fees Explained
When you move money into your trading account by your bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this particular operation.
OctaFX doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money into the OctaFX trading platform is simple. You simply have to complete a single-user profile questionnaire to start depositing money into your trading account. You'll have to give an identity proof and evidence of residency to deposit large amounts.
Compare OctaFX Vs Other Broker Deposit Methods
What Can You Trade With OctaFX in 2025?
Note: OctaFX offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may be different depending on the country of residence of the client.
OctaFX has a wide variety of over instruments available for you to trade with.
If trading forex pairs is of interest to you then OctaFX offer over forex pairs.
Compare OctaFX, Startrader & freetrade below.
OctaFX Trading App Review
Note: OctaFX's mobile app has many functions and is being developed all the time. The table below was correct at the time of writing this OctaFX broker review.
Understand the capabilities of the mobile apps of OctaFX, Startrader & freetrade below.
Trading Education Available At OctaFX
Understand the trading resources available with OctaFX, Startrader & freetrade below.
OctaFX Customer Support
While collating our OctaFX broker review we tested the customer service options, response times and on the OctaFX trading platform problems solving effectiveness. OctaFX support a wide range of languages including English
OctaFX Live Chat Support
We tested the live chat on OctaFX and it worked flawlessly. We sent messages to OctaFX livechat via their website and app and recieved a response after 10 seconds. There was sometimes no response.
We tried communicating with OctaFX support in multiple languages across multiple countries. OctaFX were capable of resolving our customer problems.
OctaFX Phone Support
We made a call to OctaFX and the call was responded to very promptly. We were able to have the call answered within less than five to ten minutes.
The OctaFX phone support team was able to effectively address our queries and problems on the phone. We tried the multi-lingual OctaFX team by calling them in various languages. OctaFX made efforts to ensure all of our questions were answered.
The overall support via phone from OctaFX was good.
OctaFX Email Support
We have sent numerous messages to OctaFX and answer times overall were excellent. The fastest email response from OctaFX was 2 hours while the slowest response was 12 days! There were times when there were no responses. Support response times can vary depending on what is needed from OctaFX, however we have had this experience sending out 10 emails at various times.
The team solved and responded to our queries. Average email support from OctaFX was excellent.
Alternatives To OctaFX
If, after reading this OctaFX review, they don't quite fulfill your requirements check out these OctaFX alternatives.
We have scoured the internet to find the best alternatives to OctaFX. Click on the hyperlinks below to find out more.
Frequently Asked Questions
Can I try OctaFX before I buy?
Yes, you can most certainly try OctaFX before you buy. OctaFX offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register to get a demo account on OctaFX, you will set out with a decent amount of virtual money. It is to establish a feeling of safety and confidence in you until you choose to spend your own money.
With this virtual OctaFXdemo account, you can experiment at all, to whatever length you wish. You can even start positions, test different trading strategies, and much more.
OctaFX specifies on its official site that you can trade real time stocks in a demo account.
Is OctaFX safe?
You can drop all your worries because we believe that OctaFX is completely safe to use. It is in compliance with the rules of Financial Conduct Authority (FCA).
Luckily, OctaFX does provide assured stop-loss protection.
Why does OctaFX ask for my passport?
The reason that OctaFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, OctaFX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, OctaFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with OctaFX?
The process to start trading with OctaFX is super simple. You need to begin by signing up on the OctaFX website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but OctaFX are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with OctaFX is $5. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with OctaFX.
The best way to kickstart your trading career with OctaFX is to open a demo account facility before risking any real money
What funding methods do OctaFX accept?
There are a number of methods to finance your account with OctaFX. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must bear in mind that PayPal isn't available in every place. The monies OctaFX accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, though it takes about 4-7 days.
Is my money safe with OctaFX?
Yes, your money is safe and protected with OctaFX. As you already know, OctaFX operates with good conformation to regulations. It has established plenty of steps to guard all its investors.
OctaFX protects its customers' personal and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further safeguard your account, you can empower Two-Step Verification as well. It requires an SMS confirmation that you access your accounts.
Is OctaFX trading good?
Yes, trading via OctaFX is a pleasant and good experience indeed. It is a great and intuitive platform with helpful features for your simplicity. Moreover, you can also obtain access to a huge selection of educational resources and assistive substance to kickstart your trading experience.
If you remain skeptical, it is possible to start a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries do OctaFX support?
OctaFX operates around the globe. However, due to regulations OctaFX cannot accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is OctaFX legit?
OctaFX is a legit company headquarted in St. Vincent and the Grenadines since 2014. They are regulated by Financial Conduct Authority (FCA). OctaFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is OctaFX a good broker?
OctaFX is an excellent agent, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.
You'll find the clean design of this platform and the admirable features that are pleasant to work with.
Is OctaFX a trustworthy broker?
Yes, OctaFX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 30,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for OctaFX?
The minimum deposit to open a live account with OctaFX is $5
How long do OctaFX withdrawals take?
Normally, withdrawal of money from OctaFX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from OctaFX to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is OctaFX regulated?
OctaFX are regulated by Financial Conduct Authority (FCA)
Is OctaFX a market leading broker?
OctaFX is currently one of the business leaders. It supports over 30,000+ registered users and over 11 years of expertise on its record. They're among the world's leading trading platforms and a prominent figure in the Fintech revolution.
It simplifies this status to its unbelievable platform and wide selection of tools plus resources so you can put money into capital markets.
Is OctaFX a con?
No, OctaFX is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that OctaFX is not a scam.
Can you make money with OctaFX?
Using OctaFX, several traders make a great deal of money. But, just like all online brokers, it is important to note that traders can also lose money. In particular, Losses can exceed deposits
This can look like a small number, but over the year, it adds to a substantial amount of gains. Even though OctaFX provide you all the tools to make money, they can't guarantee you will profit.
Does OctaFX have fees?
Yes. To start trading using OctaFX, you need to deposit $5. Certain commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.
When was OctaFX founded?
OctaFX was founded in 2014 in St. Vincent and the Grenadines. OctaFX is regulated by Financial Conduct Authority (FCA).
How many people use OctaFX?
OctaFX is a worldwide recognised agent with 30,000+ clients.
Where is the OctaFX head office?
OctaFX has its head office in St. Vincent and the Grenadines
Does OctaFX offer negative balance protection?
Yes, OctaFX has Negative Balance Protection. It is especially offered when the industry volatility prevents customers from letting their accounts go into the red. In a situation like this, OctaFX provides the ability to reset a customers account balance to zero.
You should go through the critical stipulations on OctaFX's site to understand their policies better.
Does OctaFX offer guaranteed stop loss?
Yes, OctaFX provide a guaranteed Stop Loss order.
If there is no free margin left with the client, OctaFX will stop your positions. If the losses in the stopped out position exceeds your account balance, you may experience a negative account balance.
Does OctaFX allow scalping?
No, the stipulations of OctaFX don't allow scalping. It's a trading technique which isn't permitted on the broker's platform. You must consult with OctaFX's terms and conditions to see more about its policies.
Does OctaFX allow hedging?
No, unfortunately OctaFX does not allow hedging.
Can you trade energies with OctaFX?
Yes, you can trade energy stocks with OctaFX
Can you trade agricultural shares with OctaFX?
No, unfortunately you cannot trade agricultural stock with OctaFX
Can you trade cryptocurrency with OctaFX?
No, unfortunately you cannot trade cryptocurrency with OctaFX
Can you trade metals with OctaFX?
Yes, you can trade metals with OctaFX
Can you trade UK Shares with OctaFX?
No, unfortunately you cannot trade UK shares with OctaFX
Can you trade US Shares with OctaFX?
No, unfortunately you cannot trade US shares with OctaFX
Can you trade Japanese Shares with OctaFX?
Yes, you can trade Japanese shares with OctaFX
Can you trade German Shares with OctaFX?
Yes, you can trade German shares with OctaFX
Does OctaFX accept bank transfers?
Yes, OctaFX accepts bank transfers for depositing money.
Does OctaFX accept credit cards?
Yes, OctaFX accepts credit cards for depositing money.
Does OctaFX accept PayPal?
No, OctaFX does not accept PayPal.
Does OctaFX accept Skrill?
No, OctaFX does not accept Skrill.
Does OctaFX accept Payoneer?
No, OctaFX does not accept Payoneer.
Does OctaFX accept Neteller?
Yes, OctaFX accepts Neteller for depositing money.
Does OctaFX offer Live Chat customer support?
Yes, OctaFX offers customer support through live chat.
Does OctaFX offer phone customer support?
Yes, OctaFX offers customer support over the telephone.
Does OctaFX offer email customer support?
Yes, OctaFX offers customer support through email.
What languages can OctaFX communicate in?
OctaFX has the ability to communicate and support customers who speak: English
Does OctaFX have a wikipedia page?
No, OctaFX does not have an official wikipedia page.
Does OctaFX offer demo accounts?
Yes, OctaFX offers virtual portfolio accounts so you can learn their systems before risking any real capital. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.
Compare OctaFX To All Our Other Brokers