If you are looking for a quick and affordable broker for crypto trading, OctaFX might be the perfect solution for you. Here's how you do it.

Cryptocurrency and its vast world of associated products and services have undoubtedly grown rapidly in the past few years, making it more mainstream than ever. As the market expanded, investors began to show interest in a wide variety of digital assets other than Bitcoin, which is often considered as the "safe bet" for crypto investments. Long story short, cryptocurrency has become a hot topic not only among dedicated investors but popular culture too, thanks to social media and the involvement of influential people like Elon Musk.

For new traders, crypto trading can be a bit overwhelming as there are so many unfamiliar terms and concepts to learn. The best way to start is to choose the right platform to trade, and then you can navigate your way through from there. One of the well-established platforms that provide crypto CFDs is OctaFX. Let's find out what they offer and how to start trading cryptocurrencies in this broker.

Crypto Trading on OctaFX


Perks of Using OctaFX to Trade Crypto

OctaFX is a widely known brokerage firm that has been around since 2011. As an STP broker, OctaFX does not have an internal dealing desk, so they simply connect buyers and sellers on the market. With this model, the broker aims to provide more cost-effective trading conditions and transparent service for its clients. Although the broker is only regulated in Cyprus, it continues to earn support from traders around the world, with more than 10 million accounts opened and over 1 billion trades executed.

OctaFX mainly facilitates forex trading, but it also offers other trading instruments, including cryptocurrency. Here are some of the benefits of crypto trading at OctaFX:

  • Wide choices of cryptocurrencies. There are over 30 digital trading assets that you can choose from, namely Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and more.
  • Quick introduction to the crypto world. Get easy access to crypto markets without having to have an e-wallet or look for a better exchange rate.
  • Trade with leverage. Buy/sell cryptocurrency with leverage of up to 1:25 and make bigger bucks from the amplified positions.
  • Fast market execution. OctaFX is able to process transactions instantly, making it highly favorable for trading in volatile markets like cryptocurrency.
  • Low entrance costs. Clients can start trading BTC with as little as $100.
  • Trusted broker. OctaFX is a widely known broker with over 10 years of experience. It has served millions of traders worldwide by providing a safe and reliable trading environment.

For more details, please refer to the table below.

🏢Broker Name OctaFX
📀Available Cryptocurrencies 30 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, etc.
⚖Maximum Leverage Up to 1:25
📍Minimum Position Size 0.01 lot
💰Minimum Deposit $100
💻Trading Platforms MetaTrader 4 and MetaTrader 5
💳Deposit and Withdrawal Fees
♻️Negative Balance Protection


How to Trade Crypto on OctaFX

Once you understand the trading conditions offered by OctaFX, you can begin your trading journey by following this guide step-by-step:

1. Make a new profile. Head over to the broker's sign-up page. Fill in your personal information and confirm your email to start trading. Keep in mind that in some cases, you may also need to complete the verification process.

Step 1


2. Select the appropriate platform. Choose whether you want to trade with MetaTrader 4 or MetaTrader 5. The former is known as the standard platform for pure forex trading, while the latter is more suitable for trading various markets. Make sure to do your research before making a decision.

Step 2


3. Fund your account. Once you confirm your email and identity, you can make your first deposit. Simply choose the deposit method that you like and input the amount. Note that the broker offers a 50% bonus deposit for all clients.

Step 3



4. Download the platform. Download the appropriate MetaTrader platform either for desktop or mobile, then sign in by using your trading account number, which you would have acquired from the previous steps.


5. Add the desired crypto to the Asset Lists. For the desktop version, you should simply right-click on the market watch and "Show All". For mobile users, press the " " button and the assets that you'd like to trade.


Final Thoughts

Overall, buying and selling crypto on OctaFX is very easy and affordable, which makes it highly suitable for beginners. You can choose from various digital assets ranging from Bitcoin to Ripple, and trade with globally-known trading platforms like MetaTrader 4. As for security, OctaFX offers negative balance protection and keeps clients' funds in a segregated account.


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).