OctaFX is a well-established broker since 2011. OctaFX has headquarters in Saint Vincent and Grenadines and United Kingdom. They are generally well-suited for OctaFX to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by CySEC 372/18, FCA (UK) 679306 and IFSA (St. Vincent and Grenadines) 19776 IBC 2011.

Since FSA does not regulate Forex brokers but only responsible for policing international business companies (IBCs), OctaFX remains effectively unregulated. However, this fact does not suggest malpractice or fraudulent activity by this broker. In reality, more than 1,500,000 traders from more than 100 countries trust the company, which should be taken into consideration when evaluating OctaFX.

OctaFX is a significant player in the online broker industry, as their order execution exceeded 288,000,000. They also welcome new traders with bonuses, with over $2,840,000 in bonus funds paid out to date.

Company Information



Saint Vincent and Grenadines and United Kingdom

CySEC 372/18
FCA (UK), 679306
IFSA (St. Vincent and Grenadines), 19776 IBC 2011


Interest rate on funds

Bonus offers

Trading contests

Trading by telephone

Segregated accounts

Affiliate program

Islamic accounts available

Account Information

Apart from the forex demo account, this broker offers OctaFX MT5 and OctaFX MT4. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by OctaFX is up to 1:500. Meanwhile, you can open an account with a starting capital of $100.

There are three levels of trading account:

  • cTrader ECN: The minimum accepted deposit is $100. The cTrader ECN account also allows for minimum trading 0.01 lot with features including variable spreads, hedging and scalping strategies, Expert Advisors, trailing stops, pending orders, and one-click trading. cTrader ECN is compatible with major web browsers and offers trading through APIs.
  • MT4 Micro: The minimum deposit at ActivTrades is $100 while the minimum lot size across all accounts is 0.01 lots. It also allows you to use hedging and scalping strategies alongside Expert Advisors (trading robots) to monitor the market. Commissions are built into the variable spreads. Traders can easily build the system around their own trading strategy, with pending orders, one-click trading, mobile trading, automated trading, and trailing stop options. Overnight premiums, or swaps, are also charged.
  • MT5 Pro: The minimum deposit required to open an account is $500 while the minimum position size is 0.01 lots. but clients are provided with a range of competitive features, such as trailing stops, pending orders, one-click trading, mobile trading, and automated trading. The account allows Expert Advisors, hedging, and scalping, ideal for professional traders. MT5 Pro taking money from variable spreads.

Minimum Deposit



Maximum Leverage





If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:

Minimum Deposit $100

Minimum Position 0.01 lot

Spread Variable


Expert Advisors


Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading


OctaFX charges a combination of spreads, commissions, and swap rates:

  • MT5 Pro Account's current spread is significantly higher but it does not charge swap, though a fixed three-day fixed cost applies.
  • Then there is the cTrader Account, where the current mark-up is lower than in the MT5 but higher than in the MT4. In the cTrader account, commissions are charged at $3 per lot. There are also rollover fees which are charged weekly. No daily financing costs (swaps) applied to positions rolled over into the next day.
  • The MT4 Micro Account offers free commissions starting from 0.4 pips for EUR/USD, which ranks among the best available offers in today’s industry. In addition, swap does not apply to overnight positions for Islamic Accounts traders. This account structure complies with Sharia law.

Instruments Traded

Besides lots of currency pair, OctaFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Indexes, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

OctaFX maintains 51 assets in total:

  • 32 currency pairs
  • 4 commodities
  • 10 index CFDs
  • 5 cryptocurrency pairs

As for OctaFX MT5 account, OctaFX specifically provides it with the following instruments and leverage:



Gold & silver

Gold & silver







Minimum Deposit $100

Minimum Position 0.01 lot

Spread Variable


Expert Advisors


Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading


OctaFX charges a combination of spreads, commissions, and swap rates:

  • MT5 Pro Account's current spread is significantly higher but it does not charge swap, though a fixed three-day fixed cost applies.
  • Then there is the cTrader Account, where the current mark-up is lower than in the MT5 but higher than in the MT4. In the cTrader account, commissions are charged at $3 per lot. There are also rollover fees which are charged weekly. No daily financing costs (swaps) applied to positions rolled over into the next day.
  • The MT4 Micro Account offers free commissions starting from 0.4 pips for EUR/USD, which ranks among the best available offers in today’s industry. In addition, swap does not apply to overnight positions for Islamic Accounts traders. This account structure complies with Sharia law.

Instruments Traded

Besides lots of currency pair, OctaFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, Indexes, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

OctaFX maintains 51 assets in total:

  • 32 currency pairs
  • 4 commodities
  • 10 index CFDs
  • 5 cryptocurrency pairs

As for OctaFX MT4 account, OctaFX specifically provides it with the following instruments and leverage:



Gold & silver

Gold & silver







Payment Methods

Payment can be made using most major credit/debit cards, Skrill, Neteller, and Bitcoin. There are no payment fees, but third-party costs may apply. The processing times of deposits and withdrawals are fast, but it may take additional time to arrive in the trader’s account or e-wallet.

Several payment methods are available:

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

OctaFX also provides payment with Credit/debit cards

Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, OctaFX offers you MetaTrader 4 and MetaTrader 5.

All three platforms include automated trading features that can be accessed via the desktop client, web browser, and mobile. The broker also provides trading signals via Autochartist Pro on MT4/MT5 trading platforms, offering advanced daily updates, insights, and analytics.

  • MT4: The flexibility of the MT4 trading platform means that both experienced traders and newcomers can easily adapt the 20,000 third-party customized technical indicators and electronic advisors (EAs), many free of charge. However, once you invest in necessary upgrades to unlock the complete functionality of MT4, only then you can enjoy the competitive, cutting-edge version.

metatrader 4


  • MT5: MT5 trading platform remains the only one where all assets are available for trading.

metatrader 5


  • cTrader: The best alternative is cTrader, designed for trading via the electronic communications network (ECN).



Unique Features

OctaFX is fast, reliable and comes with 3 unique features, including:

  • Silver status and above traders may also protect their investment using the Autochartist Pro as an automated trading assistant. Information about what is required to achieve this status appears to be available only to registered traders from inside their back office.
  • Traders get the opportunity to participate in the broker’s weekly and monthly demo contest to earn real cash between $500 and $1,000, which is then deposited into a live trading account. Make sure to check all the risks while understanding they may not win before participating in trading contests.
  • OctaFX has rolled out a modern copy trading service that allows so-called Master Traders to earn an additional income from their strategy. Professional traders interested in sharing their strategies to be copied will benefit from this service. Master Traders can create multiple master accounts for different strategies, and the freedom to adjust commissions.


Research and Education

Other than a comprehensive analytics section, OctaFX offers many additional tools or user-friendly educational resources:

  • Autochartist: trading signals.
  • Market Insights, Forex News, and Technical Analysis: traders will discover in-house research and market commentary published by OctaFX. They are updated frequently, consist of written content and charts, and represent a quality addition to the products available at this broker.
  • Economic Calendar, Interest Rates, and National Holidays: a quick overview of market-related events.
  • The Profit and Trading Calculators: allow traders to manage their trading strategy before placing trades.
  • Forex Basics: consists of quality written content, charts, and some include numerous videos. While often brief, the content has educational value and offers new retail traders an excellent introduction to trading.
  • The Tutorials: section focuses on OctaFX-specific guides.
  • Video Tutorials: cover MT4/MT5, the personal area of OctaFX, and OctaFX Copytrading.
  • FAQ section and a Glossary: aim to answer the most common questions and introduce terminology. Manuals: obtain more specific assistance regarding the three trading platforms, related tools and services, and Autochartist.
  • Webinars: hosted by OctaFX as an educational portal.


Bonuses and Promotions

OctaFX runs promotional events:

  • 50% bonus on each deposit.

  • Two demo contests award real cash.
  • The Trade & Win incentive rewards clients for trading activity with various prizes.

Customer Support

Do you have any question or find any trouble related to OctaFX? If you do, you should reach OctaFX's support to get the information that you need. Here is the detail of the broker's customer support:

OctaFX customer support is available 24/7. The team can be contacted via live chat, Telegram, call, or webform. OctaFX ensures swift access to a customer services representative in case the unlikely need for additional assistance arises.

Website Languages






Extensive Review

OctaFX is one of the most famous brokers in the world and has won many awards for its very comfortable trading atmosphere and proximity with customers. OctaFX was founded in 2011 with headquarters in Strovolou 47, Kyros Tower, Nicosia.

Prestigious awards that have been received by OctaFX include the Best ECN/STP 2019 and the 2019 Best Broker in Asia given by FX Daily Info. The Global Banking and Finance Review magazine also gave the Best Broker award in Asia in 2018 to this broker. More than that, there were also awards from European CEO Magazine (Best FX Broker 2018 and Best Trading Conditions).

For traders in most countries, OctaFX is under the authority of Octa Markets Incorporated and is registered in Saint Vincent and the Grenadines. This broker also provides various facilities, such as providing support services by live chat and WhatsApp in Indonesian. Not only that, deposits and withdrawals of funds can be done through various local banks. OctaFX does not charge commissions for every deposit and withdrawal of funds made by traders.

OctaFX offers different types of accountsthat are carried out with market execution (STP/ ECN) and floating spreads from 0.2 pips. A variety of forex strategies, ranging from Scalping, Hedging, and the use of Expert Advisors are permitted in all accounts at OctaFX brokers.

There is also a fixed exchange rate offer when opening a Micro MT4 account. All deposits made in IDR will be calculated at the rate of USD1 = Rp10,000 and will be entered into the trader's account balance. Also, Swap-free accounts are available for Muslim traders who want to avoid overnight interest.

Trading in OctaFX is also suitable for novice traders. Because OctaFX offers low spreads, which are floating starting from 0.0 pips. The required initial deposit is also low, only USD50. The currencies used on the account are US Dollars and Euros.

OctaFX gives a bonus of 50% each time a trader makes a deposit. That way, the capital gained by the trader becomes bigger. Opportunities to open positions increased and deposit bonuses can be withdrawn on the terms and conditions.

If traders are still confused about calculating profits, the OctaFX platform provides a trading calculator for each account type. Traders only need to enter the currency pair being traded, the amount of leverage, the number of lots, and the type of currency used in the account.

Opportunities to get profits are also getting bigger with the Autochartist feature. Traders will get notifications quickly when there is a profit signal in trading. The accuracy of the trend prediction reaches 83%.

Traders do not need to worry about the safety of funds at this broker. OctaFX uses segregated accounts and protects personal data and online financial transactions with SSL technology. This is adjusted to the international accounting standards and regulations.

Another advantage offered by OctaFX is the Trade & Win program. Opening an account in OctaFX would open the opportunity to collect trading lots, which can be accumulated into a variety of attractive prizes. Traders only need to open a real account on MetaTrader4 or MetaTrader5 through OctaFX and simply exchange the prize lot in this promotion. Prizes that can be obtained by traders include T-shirts, Android Smartwatches, smartphones, and laptops.

Traders need not worry about missing out on promotions. Because OctaFX often bonuses and other promotions. This broker holds a trading contest every week on a demo account with real prize funds that can be used for trading.

One example of a prize contest is OctaFX Champion - MT4 Demo Contest. With a total prize of USD 1,000, there are places for 4 winners in each contest period. OctaFX broker also provides contests on the cTrader platform, titled cTrader Weekly Demo Contest. As the name implies, this trading contest is held on a demo account for 1 week and uses cTrader as the platform.

FAQ About OctaFX

Is OctaFX a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if OctaFX is a good broker for you or not by reviewing the criteria. In general, OctaFX provides trading service in Forex , Gold & silver , Indexes , Energies and Cryptocurrencies . As for the payment methods, you can choose between Bitcoin, Credit/debit cards, Neteller and Skrill. The customer support is available via Email, Live chat and Phone.

What is the minimum deposit for OctaFX?

The starting capital in OctaFX is $100.

Is OctaFX regulated?

OctaFX is regulated by CySEC 372/18, FCA (UK) 679306 and IFSA (St. Vincent and Grenadines) 19776 IBC 2011. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.

Is OctaFX legit?

OctaFX is a brokerage company offering trading services for clients since 2011 with offices in Saint Vincent and Grenadines and United Kingdom.

Give Your Review and Rate This Broker

These aspects are optional but will determine your review's reliablity

72 Reviews

Ireland Aug 15 2022

Their support service is very professional. Really trying to help and resolve your problems.

Germany Apr 29 2022

Excellent broker for scapling trade.

Singapore Apr 28 2022
Account Number: (56245xxx)

Happy enough when trading with OctaFX because I have no complain.

Turkey Apr 27 2022
Account Number: (62458xxx)

Magnificent broker with all around offering. I think OctaFX is the only broker which had fastest withdrawals and deposits and I totally love their website presentation and valuable services like copy trading, demo contests, 50% deposit bonuses, etc.

Taiwan Apr 26 2022
Account Number: (30215xxx)

Always a broker that pays instantly, I mean you will know if they cheat, as you won’t get paid instantly, so till they are honest, it is all instant. OctaFX has instant money transactions system, so I am very secure with things.

Pakistan Apr 25 2022
Account Number: (20158xxx)

After I trade with the welcome bonus account, I feel more analized, be careful open the posisition. So, I have got how to arrange the money management. Before, with another broker I always fail to get the profit. I feel happy and satisfaction trade with OctaFX.

Switzerland Apr 22 2022

I have trade with many broker but I had a good experience with OctaFX. Especialy with the spread that OctaFX gaved. I hope OctaFX still growp up in future.

Pakistan Apr 21 2022
Account Number: (65472xxx)

Worst broker with scam copytrading service.

Ukraine Apr 20 2022
Account Number: (24896xxx)

The bonus is meant for you to deposit more and if you lose they will get more. OctaFX are not honest with their trading bonus.

Turkey Apr 19 2022

Your broker is a good security system is very good. The only disadvantage is the inquiry.

Nigeria Apr 18 2022
Account Number: (92145xxx)

I traded for 3 months with OctaFX and they are really great! Spreads are like nowhere else to be seen, and no commission. Truly recommended, best fit for daytrader. Thank you.

Adrian Jackson
Ukraine Mar 24 2022
Account Number: (62547xxx)

Oh you guys I finally find the perfect broker (for me). I've been trading with OctaFX for 6 months and it's terrific!!!!! Kuddos to all OctaFX team for make my dream broker come true.

Willis Mason
Malaysia Mar 24 2022
Account Number: (67566xxx)

I'm glad to choose OctaFX, they give me one of the best leverage which is up to 1:500. The order executions were super fast, it takes no time to execute my order. The spreads are also very good and tight, for me, this is the best I can find where I live. However, I'm going to nitpick regarding withdrawal, which sometimes takes from 30 mins to 2 days. But, my friend says that it is better than most brokers he ever used that usually takes about a week to withdraw. They also offer you a swap-free account and some Prizes to redeem when you trade more.

Pakistan Mar 23 2022

I just found out that OctaFX has a fixed rate facility. Kinda cool features!!! So I want to try it too.

Malaysia Mar 22 2022
Account Number: (52148xxx)

Registering an account is indeed quite easy, and the account options are also diverse, which can be adapted to our trading style. Recommended for those who want to try and learn from a live account.

Australia Mar 21 2022
Account Number: (54689xxx)

OctaFX support and services are relatively okay. Everything is fine. Altough their withdrawal process should not be that long. They can improve on withdrawal process.

Ukraine Mar 18 2022
Account Number: (52612xxx)

I am comfortable enough with the withdrawal process from OctaFX, because I can do it through the local bank of my choice. The process is relatively fast too.

Karen Y
South Africa Jan 26 2022
Account Number: (21490xxx)

In the beginning, I was reluctant for trading with OctaFX, but my friend convinced me to try this broker as she has been with them for a little over three months. When I first traded with them I quickly realized that this broker is probably not one of the best choices for new traders like me. The main reason is that they have quite a large spread. Other than that it's not really a huge deal, but I still very much troubled by the spread.

Pakistan Jan 7 2022

My friend suggest that I should start trading with OctaFX, and I'm almost convinced after I found out they have a mobile app. Does this broker have an Islamic account/swap-free account? It's a very important for me.

South Africa Dec 27 2021

I highly recommend OctaFX copy trading features, I have been using it for quite some time now and I'm very satisfied. They allow crypto deposit, so it's been very helpful for me.

Allen Barry
Turkey Dec 15 2021

This broker is a good learning place for new traders, they have great educational materials, easy to deposit, easy to withdraw. Overall I'll give them 5 stars.

Singapore Dec 3 2021

OctaFX is a good broker, but sometimes I feels like the spread can get too high. I also find it unfortunate that this broker allows deposit with cards but not withdrawing.

Australia Nov 24 2021

There is no doubt that OctaFX is a great broker. What really makes me impressed is that they managed to provide a better trading platform/opportunity to the new traders.

Yogi Trader
Singapore Nov 15 2021

I have only one word for OctaFx, it's the best broker I have ever tried so far. They have the whole packages, low spread, great executions, and more importantly no dealing desk execution.

Arthur Hughes
Switzerland Nov 4 2021

I tried this broker a few years ago and was disappointed. I recently started to try this broker again and guess what? Still disappointed. They didn't correctly calculate the traded volume lots, although they did give me a 50% bonus for my cTrader account deposit.

United States Oct 26 2021

A great broker overall especially for copy trading. Great executions, low spread, and best of all? No dealing desk! There is a slight problem with slippage, but nothing major.

Gerald White
Taiwan Mar 24 2021
Account Number: (34152xxx)

So, I recently joined OctaFX because they promise to give me low spreads. But really I find it even higher than my original broker. This is insane, why would they market it as low spread then? I keep having problems with the platform and I contacted their customer support. But they barely offered any help. The same thing also happened to my friend who trades before me. I really thought this would be a great broker for beginners, but it's not. With this kind of spread, new traders won't be able to succeed.

Gerardo Hughes
Australia Nov 11 2020

I thought trading with OctaFX would be easy and quick, after all their ad says simply, register and deposit and trade. Simple as that. I decided to create an account, but somehow I wrongly put personal info. Now I have a problem with my Verification. You see, I'm new and I don't know what I should do. I thought contacting the support team would help. But, all I get are reply from the bot. If there could be Anyone I could contact to settle my problem that would be great. I will give it 3 stars because I still believe that this broker might help me resolve my issue.

Rattoon Vrajnavikhul
Germany Jul 28 2020

OctaFX made a lot of improvement in these recent years. When they first appear, there are a lot of flaws. But their service is getting better, so I consider to give 5 stars. 

France Jul 28 2020

The competition in octafx is interesting, so I join this broker. After joining the competition and learn some trading strategy, I finally register and open real account. Everything works just perfect, Octafx meets my expectation. 

Moori Shein
South Africa Jul 28 2020

Go Octafx!

I already try a lot of brokers, and this broker is the best.

While another broker tricks me with difficult withdrawing process, OctaFX don't do that kind of things. 

France Jul 28 2020

OCTAFX is good.

I already trade here for 2 years, deposit and withdrawal are smooth.

My transaction never has any problem. 

Mitika FS
Australia Jul 28 2020

The spread is tight, except when there's a piece of high news. But it's still better than other brokers who feels like manipulating the price. I succeed to withdrawal my trading results so I think this broker is recommended. 

Germany Jul 28 2020

Been trade on several brokers. For me, OctaFX is the most suitable for trading in a small amount. It's newbie-friendly. Plus, the demo account competition is useful for those who want to improve their skill in trading.  

Davis Iozo
Nigeria Jul 28 2020

The customer service is very friendly. They help me as noobs who don't understand how to withdraw for the first time. Still doing transactions in small amount of fund, but overall I'm quite satisfied with this broker performance. 

Namiii Harseyveh
Canada Jul 28 2020

I LOVE THE ECN ACCOUNT! Very transparent and fast executions. I got a comfortable trading experience from octa. The withdrawal process is also fast. Protips, don't withdraw on weekend, better if you submit withdrawal request within Monday-Wed. 

Lam Soo NG
Pakistan Jul 28 2020

Competitive spread, easy to deposit and withdraw through the local bank. There's also a lot of promotions.


I already got some prize from trade and win. generous broker with no complicated problems.

Argentina Jul 28 2020

Octa is suitable for me. I'm looking for a broker that allowing scalping and EA usage. The platform works just fine.

Alimen Hattah
Switzerland Jul 28 2020

A friend introduces me to octafx., the platform is easy to operate. The website also informative, and I don't find any difficulties in doing deposit. I didn't withdraw yet, but so far I'm quite satisfied with this broker. 

Ukraine Jul 27 2020

Octafx gives me convenience to trade, with a lot of bonus and promotions. It's very suitable for a newcomer like me. 

Pieter Trader
Ukraine Jul 22 2020

So far, I have been trading on OCTA and it's very safe. As anticipation, put your fund not more than 500 USD. The withdrawal process is done smoothly everyday.

Argentina Jul 22 2020

Octafx is just fine. Before using Octafx, I repeatedly changed brokers. So far, not bad. Moreover, Octafx has the lowest spread in a pair that I use for trading. Unfortunately, he doesn't have MT5 yet ... But I'm not going to change the broker anymore, because Octafx's execution and CS response are fast enough. Good job Octafx!

Michael Evyy
Australia Jul 22 2020

Before using octa fx, I use another broker. Using octa fx is pretty good, it has a low spread. Go ahead octa fx, hopefully, you'll become a good quality broker.

Ariani Arthes
Taiwan Jul 22 2020

I am trading with Octa Forex, so far it is very satisfying, primarily when it comes to deposit, but I can't give a word about the withdrawal, since I didn't get profit yet. Lo. Hopefully, in the future, OctaFX will become the best and biggest broker. Go OctaFX!

Jairo K
Canada Jul 22 2020

OctaFX The most suitable broker for me, the spread is low and the WD is fast. I just wished that the execution may be faster

Abyar Hadie
Argentina Jul 22 2020

recommended broker, proven to withdraw quickly. I recommend this broker coz withdrawing and depositing via local banks is very easy. Service value score is 10, it only takes 3 hours of deposit and withdrawal, yesterday I withdrew 700 USD, only takes 30 minutes liquid, good broker

Noriaki FX
Ukraine Jul 22 2020

I won't say that octafx cheating, but there is something wrong with the stop loss order system. When there is a reversal, stop loss doesn't execute according to the order price, so you might still suffer some loss. Even though the stop loss is placed above/below the price to lock in profit, the result remains a loss.

I dare say this because I trade in several brokers and octaFX is the only one that executing my stop losses far from the price I requested. I think it's impossible to succeed in this broker because using disciplinary stop loss is a dead price developing strategy. Hopefully, it becomes an octa evaluation material and the consideration of newbies like me looking for a broker of choice.

Yaji Arkhr
Argentina Jul 22 2020

So far it's still safe. Before opening an account on Octa FX, I have also been on another broker. But I move for looking a better trading condition. In Octa, the spread is decent. the CS also has good service .. good luck octaFX

Sandy Mahrembe
Australia Jul 22 2020

During my trading on OctaFX there were no problems and it was smooth. I just want to add a suggestion. Please have another welcome bonus and also copy trade. Hopefully can be a positive input for OctaFX. That is all from me. thanks.

France Jul 22 2020

Octafx broker is good, I think. Even though the spreads widen when there's a news. I hope OctaFX service will improve. 

Hendry Lam
Argentina Jul 22 2020

Withdrawal is written succeed but no money entered the account.

On the 18th of May, I sent a WD 50 USD request, the money in the MetaTrader account has been cut off and in the personal area written successfully, but the account money has not yet been entered, even I printed the transaction in the savings book too.

Next, I try WD again 10 USD, and thank God... it's transferred, but the 50 USD not entered yet. Many times I submit a complaint to OctaFX, the answer is only "we will continue to review". Please respond and help.

Arafah Yanne
Singapore Jul 22 2020

Today I made withdrawal request 4 pm. I never succeeded, all I could do was wait for the process.

I was disappointed with this. Actually, I had been trading with OCTAFX for over 2 years. This case made me uncomfortable, the 1-2 hour OCTAFX WD commitment was unsuccessful

Pakistan Jul 22 2020

one-sided rules!

I wanna withdraw in the morning, but it's pending more than 1-2 hours, chat cs at the queue, too many requests, wait until evening... then I get an email like this:

Beny OctaFX (OctaFX) Jun 21, 13:58 EEST Dear Customer, Thank you for contacting OctaFX! We locked your account because the company decided not to continue our services to you, sir. Thus you can no longer trade with us. Based on the customer agreement in the following link that reads, "The Company reserves the right, at its discretion, at any time to refuse to provide the Services to the Client and the Client agrees that the Company will have no obligation to inform the Client of the reasons.

That means the company refuses to continue our brokerage services to you.

3.10 The Company has the right, at its sole discretion, to refuse at any time to provide Services to the Client and the Client agrees that the Company will not have an obligation to notify the client of the reasons.

As a trader, maybe I have a mistake. But lesson learned. Never trade at a broker that has rules like that, especially the broker can not show your mistakes!

Gamon Tsawari
France Jul 20 2020

Comfortable in trading.

I joined octafx since 4 years ago and until now I feel comfortable with octafx.

Deposits and withdrawals are also getting better, very fast. Hopefully, the octafx service will always improved, so it brings more convenience to traders who want to be succeed. And hopefully Octafx has a loyalty program. thank you

Rosa Linda
Ukraine Jul 20 2020

Octafx always pays attention to the other with attractive prizes, with the prize lot I have already got 3 times. A pretty memorable prize for a novice trader. Thx octafx trade and win. 

Switzerland Jul 20 2020

Just want to leave a testimony. Yesterday I deposited outside working hours because I want to open a position. It turned out that the service was fast, the fund immediately transferred to the account. thanks.

Germany Jul 20 2020

OctaFX is great

Easy deposit and withdrawal, the platform is okay, so far so good 🙂

Trajhapparn Angtorn
United States Jul 20 2020

suddenly disconnected and there was a surge in prices ...

Is it normal and reasonable? real octa server suddenly disconnected, and once again connected to the price surge. because I noticed on the octa demo account, it's normal, in other brokers, there are also no price spikes.

Arthur Smith
Singapore Jul 20 2020

I have also experienced trading with buy stops. Suddenly the price spike very quickly, and my order was immediately executed. My profit suddenly turns into a loss. I checked the Take Profit level that I made, there was nothing wrong. I have complained but until now I did not get an answer to why that happened, and there is no accountability. Please improve the service, octafx.!!

Nguyen LaPho
South Africa Jul 20 2020

Octafx is often stealth a transaction.

I often get my account open position without any pending orders, gadgets and my laptop even though dead, the first case was 0.04 lots, the second case was 1.01 lots, I was forced to cut losses at the order of 180 dollars.

I have sent the transaction log, but the broker doesn't respond. Be careful with this broker, if you are too often profited, a huge stealth lot will appear in your account when you sleep, even though you are not connected to MT 4 at all, I suggest using a trusted broker like alpari and oanda or justforex.

United States Jul 20 2020

As long as I know, octaFX is credible and trustworthy.

Singapore Jul 20 2020

Deceitful Octafx!!!

Hello Newbie Here
Nigeria Jul 20 2020

I just started learning to trade earlier this year, trying to make small deposits at several brokers. So far, trading on octafx is the most convenient. the deposit is easy, the trading application is also not complicated

Rosie Talyum
United States Jul 20 2020

Deception! Octafx deceives the beginner. Do not be tempted by low deposits ... In the end, your deposit can't be withdrawn, then the money is gone.

Abdullah K
Ukraine Jul 20 2020

lots of promos! In Ramadan, OctaFX giving a lot of bonuses, thank you. I hope in the other months you will also give me lots of benefits. I will wait for your promotion

Pakistan Jul 20 2020

at first, I was hesitant to use this broker because of lots negative comments. But because Octa FX provides swap and commission free accounts, I am interested. I made an initial deposit of $ 500 on Friday. And Monday I already made a profit of around $ 200, then I tried WD $ 195. Confirm the e-mail for about 5 minutes. After waiting for about two hours, the funds came into my account.

Janna Lim
Singapore Jul 20 2020

In my opinion Octafx is HONEST BROKER .. Trusted .. I have only been trading for 2 months .. fast deposit and withdrawal process .. And it is suitable for beginners with free swap .. and low deposit .. Highly recommended for beginners ..

The Custoemer service is so Friendly. so far very satisfied for its facilities .. Hopefully it remains like this and continues to be improved ...

Langdon V
Singapore Jul 20 2020

Octa is a scam broker .. Be careful guys never deposit here. I have evidence that octa is cheating and I have emailed this to Octa support on 26/2/2020 and only was told to wait.

Here is my transaction history: # 3795647 was closed at 1637.02 on 2020.02.26 15: 46.20,  While it should be at 1632.

It can be seen at 15:46 minutes that the candle closed at 1.634 while my transaction was closed at minutes 15:46:20

there is a difference of 20 seconds and the next candle drops down meaning that the price should be in the range of 1631-1634 while my transaction is closed at 1637. On that transaction I lost about $ 250.

Howard Sayeed
Switzerland Jul 20 2020


1. Candle NAS100 on March 12 2020, jump from 15:25 to 15:30 which resulted in my order not being executed.

2. I place six orders at the same time at 13.30, 3 orders at the price of 7580, and 3 more orders at the price of 7530. But those 3 orders at the price of 7530. Octafx executes at the price of 7447 while 3 orders at 7580 cancelled.

If your reason is in the gap, my 6 orders are in the gap, but why are 3 orders executed and 3 again you cancel? And until now my loss fund has not been reimbursed, how do you explain this situation.

Switzerland Jul 20 2020

OctaFX broker is cheater !!

This morning I checked my account, I was surprised how come I automatically closed all my positions huh? Short positions hit at 1.24705, Buy positions hit at 1.24345

Even though last night 9 April 2020, the highest price of GBPUSD at 1.24831 was not a problem. Why is my position all gone? Please cooperate, refund my funds or position my order !!!

Darrin Santiago
India Nov 1 2019
Account Number: (11546xxx)

I feel tricked. For as long as I know, OctaFX stated that there is no fee for withdrawal or deposit with Neteller. I like using Neteller, and I have been using it with another broker that I've been trading with. However, I decided to deposit $6000 in OctaFX. But, when i ask for a withdrawal, they told me that i had to pay around $3000 usd on fees for the withdrawal via Neteller. They say it's in the term and conditions, is that true? Has anyone tried to withdraw using Neteller with them? I have talked to the support and they say that there is no minimum to trade and that the withdrawals are free. But the very next day, they took $3000 from my account.

Cornelius Horton
Pakistan Feb 20 2019
Account Number: (45908xxx)

Here is the reason why I think OctaFX is the real deal.

1. They care about the client, and customer service is good

2. Very honest and friendly

3. Good trading platform

But, there are some aspects they can improve.

To start Earnings updates ought to be real-time on time. Second of all, measures to minimize losses of small copy traders. Master traders stated "minimum investment" is somewhat deceptive. For example, no master trader from lot 0.02 upwards is allowed to state $25 as a minimum investment.