The OctaFX platform was established in 2018 and is headquartered in Cyprus, serving clients in more than 100 countries around the world.
When trying to choose from among the many forex brokers, it is prudent to review regulatory compliance and see the important awards or customer reviews they have received.
From an awards point of view, OctaFX is a model for the industry, Globa Banking & Finance Review and Forex Report, two online portals that provide practical information and exclusive news for the global banking-finance industry.
The management team has chosen to operate as a Straight Through Processing (STP) and Electronic Communication Network (ECN) broker, providing you with lower spreads, faster order execution, and helping to eliminate issues such as slippage and double quotes . Investment varieties include major currency pairs, precious metals, energies and indices, and the trading platform begins with the extremely popular MT4 and MT5 series.
Regulatory Information
octaFX UK Ltd
Regulator: UK Financial Conduct Authority (FCA)
Regulatory Number: 679306
octa Markets Cyprus Ltd
Regulator: Cyprus Securities and Exchange Commission (cySEC)
Regulatory Number: 370/18
Main features
Why trade with octaFX? Here are their main advantages:
Established in 2018, headquartered in St Vincent and the Grenadines Recipient of several important industry awards
1、Straight-through Processing (STP)/Electronic Communication Network (ECN) ensures no slippage, no secondary quotes, and fast order execution
2、Three account types are available: Micro for beginners, Pro for advanced traders, ECN for innovative traders
3、Customer service representatives are available 24*5 during the market opening to meet your every need
4、Provide popular Mt4/MT5 trading software
5、ECN fixed spreads as low as 0.2 pips
6、Forex currency pair leverage up to 1:500
7、Client funds are always held in safe and secure accounts, segregated from the company’s working capital
8、Allows scalping, hedging and Expert Advisors
9、Frequent contests and bonuses
trading variety
There are more than 50 tradable varieties, covering foreign exchange, precious metals, energy, indices, cryptocurrencies, etc.