Trading a minimum of 1 standard lot in OctaFX could earn you a prize lot to be exchanged with various rewards. How does it work exactly?

OctaFX

Through its Trade and Win program, OctaFX gives traders the chance to obtain significant prizes for trading. It is calculated as 1 traded lot being equal to 1 prize lot for every closed order. The trading rewards are designed in such a way that more trading leads to more rewards for traders. To be eligible for the trading rewards, the traders must be based in any of the following countries namely Singapore, India, Pakistan, Indonesia, and Malaysia while also being a minimum age of 18 years to participate.

Where to Find the Information on the Official Broker Site?

  • This information is reported per Mar 20 2023.
  • We can not ensure if this offering is still available or remain the same in future.
  • The broker announcement page may or may not exist anymore, You may explore homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
    

 

Getting Started

To be a part of the OctaFX trading rewards promotion, a trader needs to open a live trading account with OctaFX and begin trading with any of the available financial instruments offered by the broker. Therefore, opening a demo account will not work as orders on such an account will not count as live orders.

Once traders meet the eligibility criteria and become part of the promotion, they can redeem gifts at any time depending on the balance of their 'prize lots'. They do not have to worry about any limits on order duration except when it is mentioned in the Customer Agreement.

 

The Gifts

The gifts that traders can have access to will be determined by their region. The gifts could range from unique OctaFX merchandise to Android Smartphones and MacBook Laptops. They can be claimed by exchanging prize lots where for every 1 lot traded, traders receive 1 prize lot. In addition, traders can choose to be part of the OctaFX Status Program which will allow them to gain access to increased sizes of prize lots. There are three tiers in the status program that provide access to this additional benefit namely: Silver, Gold, and Platinum.

  • Silver status gives traders 1.25 prize lots for every 1 lot traded.
  • Gold status gives traders 1.5 prize lots for every 1 lot traded.
  • Platinum status gives traders 2 prize lots for every 1 lot traded.

For traders that partake in the OctaFX Status Program, there is a possibility of having the list of gifts expanded but this depends on their region and their level of activity on the program. Traders can always find the updated list of gifts on their profiles. The major limitation of the gifts is that there is only one of each type per month for one individual.

It should be noted that the gifts and partaking in the Trade and Win promo can neither be transferred nor exchanged. However, if the offered gifts happen to be unavailable due to unforeseen circumstances, it is within the purview of the broker to offer alternative gifts of similar or higher value.

Where to Find the Information on the Official Broker Site?

  • This information is reported per Apr 19 2024.
  • We can not ensure if this offering is still available or remain the same in future.
  • The broker announcement page may or may not exist anymore, You may explore homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.

Gift vouchers or certificates (that are part of the gifts list) can only be exchanged for commodities under the terms of the issuer of the voucher or certificate. Also, gift vouchers or certificates that traders receive as parts of the promotion cannot be returned.

 

Delivery of Gifts

Since the traders come from multiple countries around the world, delivery of gifts is a part of the process and it usually takes a maximum of 10 weeks from the time of claiming to when it will be delivered to the trader's address. It is only the trader that claimed the gift that can receive it and the delivery address must be within the country where the Promotion is active.

Traders must ensure that they provide the right delivery address and contact details because there is no guarantee of delivery if any of those details turn out to be incorrect. Also, once the gift has been claimed, traders will be unable to change the supplied information about the delivery address and contact details which is why they must ensure that the right information is provided.

 


OctaFX is an international Forex broker that operates worldwide. The domain belongs to a group of companies called Octa Markets Incorporated which is registered with St. Vincent and Grenadines FSA. Currently, the company focuses on Asian, South African, and Australian markets. OctaFX.com does not accept European clients as this market is specifically appointed to OctaFX.eu (regulated by CySEC).