https://www.octafx.com/https://www.octafx.com/

OctaFX

Broker Review

Unlock Your Trading Potential with Advanced Tools

If you’re searching for a broker that offers a seamless trading experience with competitive spreads, a diverse range of trading instruments, and strong regulatory oversight, OctaFX stands out as a compelling choice. Catering to both novice and experienced traders, OctaFX provides access to a wide array of assets, including forex, cryptocurrencies, commodities, indices, and CFDs on stocks. Backed by robust regulatory frameworks and advanced trading platforms, OctaFX ensures a secure and efficient trading environment for clients worldwide.

Take the leap and trade with confidence. OctaFX

Min Deposit

5 Regulated.

FinaCom, CySEC

Founded

2011

Max Laverage

1:500

Instruments

2000+

4.4 /5

Rating Info

Visit Broker

Overall Rating:

4.4 /5

OctaFX scores impressively in our comprehensive
BrokersSelect.com review, excelling in various critical areas:

Trading Conditions

4.4 /5

Platforms and Tools

4.3 /5

Customer Service

4.4 /5

Trust and Regulation

3.3 /5

Education and Research

4.5 /5

Deposits and Withdrawal

4.5 /5

Assets Available

4.2 /5

Why Choose OctaFX
as Your Forex Broker

OctaFX distinguishes itself through its commitment to providing a transparent, efficient, and technologically advanced trading environment

Global Regulation & Trader Protection

OctaFX is regulated by reputable financial authorities, ensuring a secure and trustworthy trading environment. The broker adheres to strict regulatory standards, providing clients with peace of mind regarding the safety of their funds and the integrity of their trading activities.

FinaCom PLC (Saint Vincent and the Grenadines)

Ensures compliance with international financial regulations, offering a high level of client protection.

CySEC (Cyprus Securities and Exchange Commission)

Provides oversight for European clients, ensuring adherence to EU financial standards.

Segregated Funds and Negative Balance Protection

OctaFX offers segregated accounts and negative balance protection, ensuring that clients cannot lose more than their initial deposit in volatile market conditions.

Experience Trading Without Limits

OctaFX empowers you with low spreads, fast execution, and a user-friendly interface designed for all skill levels. Start strong, trade smarter.

See How OctaFX Stays Regulated and Reliable

Awards and Recognition

OctaFX has received over

40+

international awards, including:

Best STP Broker – Forex Report Awards

Best Broker in Eastern Europe – Global Banking & Finance Review Awards

Most Transparent FX Broker – FX Markets Awards

These accolades reflect OctaFX dedication to excellence and innovation in the trading industry

Wide Range of Trading Instruments and Leverage

OctaFX offers a comprehensive selection of trading instruments, allowing traders to diversify their portfolios across multiple asset classes. The broker’s competitive leverage options further enhance trading flexibility

Number of Assets

50+ currency pairs

Max Leverage

Up to 1:500 (non-EU)

Forex Trading: Access to over 50 currency pairs, including majors like EUR/USD, GBP/USD, and exotic pairs such as USD/ZAR. Competitive spreads and high leverage options cater to both short-term and long-term trading strategies.

Number of Assets

10+ major pairs

Max Leverage

Up to 1:5

Cryptocurrencies: Trade popular digital assets like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) with up to 1:5 leverage, providing opportunities to capitalize on market volatility.

Number of Assets

15+

Max Leverage

Up to 1:200

Commodities: Invest in precious metals (gold, silver), energy products (crude oil, natural gas), and agricultural commodities, with leverage up to 1:200.

Number of Assets

20+

Max Leverage

Up to 1:200

Indices: CFDs on 20 major global indices, including the S&P 500, NASDAQ 100, FTSE 100, and DAX 30, allowing traders to benefit from worldwide market movements.

Number of Assets

2,000+

Max Leverage

Up to 1:20

Stocks (CFDs): Over 2,000 CFDs on individual stocks from major exchanges, enabling traders to speculate on the performance of companies like Apple, Amazon, and Tesla without owning the underlying assets.

Account Types at OctaFX

OctaFX offers a variety of account types designed to cater to the diverse needs of traders:

Standard

Accounts:

Micro Account

Lot Size: 100,000 units Minimum Deposit: $1,000 Spreads: Starting from 0.0 pips Leverage: Up to 1:500 (non-EU), 1:30 (EU) Base Currencies: USD, EUR, GBP, AUD Commission: $3 per lot traded

Professional

Accounts:

Pro Account

Lot Size: 100,000 units Minimum Deposit: $1,000 Spreads: Starting from 0.0 pips Leverage: Up to 1:500 (non-EU), 1:30 (EU) Base Currencies: USD, EUR, GBP, AUD Commission: $3 per lot traded

ECN Account:

Lot Size: 100,000 units Minimum Deposit: $1,000 Spreads: Starting from 0.0 pips Leverage: Up to 1:500 (non-EU), 1:30 (EU) Base Currencies: USD, EUR, GBP, AUD Commission: $3 per lot traded

Crypto Account:

Lot Size: 1 Crypto unit Minimum Deposit: $200 Spreads: Starting from 10 pips Leverage: Up to 1:5 Base Currencies: USD, EUR fCommission: No commissions

Islamic

Accounts:

How to Open an Account with OctaFX:

Maximize Every Market Move

Take advantage of OctaFX’s powerful tools, insightful analytics, and responsive support. Perfect timing starts with the right broker.

Join & Start Trading Today

OctaFX Platforms and Tools

OctaFX provides traders with advanced platforms and tools to enhance their trading experience:

MetaTrader 4

Renowned for its user-friendly interface, MT4 offers robust charting tools, multiple timeframes, over 50 technical indicators, and support for Expert Advisors (EAs) for automated trading.

MetaTrader 5

The successor to MT4, MT5 provides additional features such as more technical indicators, timeframes, and the ability to trade more asset classes, including stocks and indices. It also offers an economic calendar and advanced order types.

OctaFX WebTrader

A browser-based trading platform that provides full access to trading tools without the need for software installation, allowing traders to manage their accounts from any device with internet access.

Advanced Trading Tools

OctaFX ensures that traders have access to top-tier trading platforms equipped with advanced tools to enhance their trading experience

OctaFX supports MT4, MT5, and its own app,
all platforms available on Android, iOS, Mac, and PC.

OctaFX Deposits and Withdrawals

Fast, Secure, and Transparent

Bank Transfer

3-5 business days

Credit/Debit Cards (Visa, Mastercard):

1-3 business days.

E-Wallets (Skrill, Neteller, Perfect Money): Quick and secure, ideal for traders seeking fast access to their funds.

24 hours

Cryptocurrencies (Bitcoin, Ethereum)

Within 1 Hour

OctaFX offers a variety of deposit and withdrawal methods, ensuring that clients can manage their funds conveniently and securely. The broker is committed to processing transactions swiftly and transparently, with competitive fees.

Bank Transfer

Generally free

Credit/Debit Cards (Visa, Mastercard):

Generally free

E-Wallets (Skrill, Neteller, Perfect Money): Quick and secure, ideal for traders seeking fast access to their funds.

Generally free

Cryptocurrencies (Bitcoin, Ethereum)

Generally free

Generally free across most payment methods.

BrokersSelect.com

Evaluation Methodology

At BrokersSelect.com, our evaluation is based on a rigorous analysis of critical factors to ensure our reviews are accurate, transparent, and informative:

1. Trading Conditions: We assess spreads, leverage, order execution speed, and trading costs. OctaFX excels with tight spreads, high leverage options, and fast execution speeds due to its advanced technology and liquidity providers.
2. Platforms and Tools: The availability, functionality, and user-friendliness of trading platforms and tools are evaluated. OctaFX offers multiple platforms, including MT4, MT5, and proprietary mobile apps, equipped with advanced features.
3. Customer Service: We evaluate the responsiveness, professionalism, and availability of customer support. OctaFX provides 24/7 multilingual support via live chat, email, and phone, ensuring assistance is always available.
4. Trust and Regulation: The broker’s regulatory status and adherence to financial standards are crucial. OctaFX’s regulation by multiple top-tier authorities enhances its credibility and reliability.
5. Education and Research: The quality and availability of educational materials and research tools are important for trader development. OctaFX offers comprehensive resources catering to traders at all levels.
6. Deposits and Withdrawals: We assess the ease, speed, and cost of funding and withdrawing from accounts. OctaFX stands out with instant processing and a variety of fee-free payment methods.
7. Assets Available: The diversity of tradable instruments is essential for portfolio diversification. OctaFX provides a broad range of assets across multiple classes.

Your Trusted Partner in Trading – Meet OctaFX

With OctaFX, setting up your account is quick and hassle-free. You’ll be trading in minutes — with access to global markets and reliable tools.

Get Your Account Setup

Help Centre.

Got questions?

Is OctaFX a regulated broker?

Yes, OctaFX is regulated by FinaCom PLC under the Saint Vincent and the Grenadines Financial Services Authority (FSA) and by CySEC (Cyprus Securities and Exchange Commission) for certain regions, ensuring a high level of client protection and adherence to strict financial standards.

Does OctaFX offer a demo account?

Yes, OctaFX provides a free demo account with virtual funds, allowing traders to practice strategies and familiarize themselves with the trading platforms without risking real money.

What is OctaFX's minimum deposit?

The minimum deposit varies by account type: • Micro and Islamic Accounts: $5 • Pro and Crypto Accounts: $200 • ECN Account: $1,000 • Demo Account: $0

What trading platforms does OctaFX offer?

OctaFX offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, OctaFX WebTrader, and mobile trading apps for iOS and Android devices.

Are deposits and withdrawals free at OctaFX?

Deposits are generally free across most payment methods. Withdrawals are typically free for e-wallets and credit/debit cards, while bank transfers may incur a small fee depending on the region and bank policies.