LMFX
  • Company Details
  • Swap Comparison
  • Volume Comparison
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OctaFX

 

Company Details

Headquarters Kingstown, St. Vincent and the Grenadines
Type of Broker STP & ECN/STP
Founded 2011
Regulated By None
Offices In Saint Vincent and the Grenadines, Indonesia, United Kingdom, Spain
Supported Languages English, Indonesian, Chinese, Malaysian, Portugeese, Spanish, Thai, German, Bengali, Hindi
Website Visit Website
ESMA Regulation ? This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article

Account Details

Account Currencies USD, EUR
Minimum Deposit $5
Traders from USA No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions No
ECN / STP Accounts Offered Yes
Commission on STP or ECN $6/Lot (cTrader ECN accounts)
VIP Accounts Offered No
Mini Accounts Offered Yes
PAMM / MAM Solutions No
API Solutions No
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards ,Wire Transfer ,Skrill ,Neteller ,China UnionPay ,Boleto bancario ,FasaPay ,Rapipago
Withdrawal Methods Wire Transfer ,Skrill ,Neteller ,China UnionPay ,FasaPay

Platform Details

Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android, MetaTrader 5, MetaTrader 5 iOS, MetaTrader 5 Android, cTrader
NO of Pairs 43
Cryptocurrency Trading No
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts No
MetaTrader Server Time (Winter) GMT + 2
Demo Account Expiry Non-Expiring
VPS Offered No

Trading Details

Dealing Desk No
Maximum Leverage 500:1
Minimum Contract Size 0.01
Execution Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Negative Balance Protection Yes

Additonal Instruments

CFD's Yes
Metals Yes
Oil Yes
Indices Yes

OctaFX Reviews Click here toWrite a OctaFX Review

  • Lucas
  • Nov 25, 2015
  • Country: Canada
triangle img My experience with octafx was positive as it comes to the execution time and spreads. They have amazing conditions here. However, I wasn't too happy about spreads changing from time to time. The support service told me it happens because of the liquidity providers and they personally can't do anything about it. I heard about this problem with the liquidity providers so I guess I can' really blame the broker. So all in all I'm happy that I've chosen this broker.
  Short Long Type  
AUDCAD -17.50 3.00 0
AUDCHF -17.80 5.60 0
AUDJPY -14.90 3.90 0
AUDNZD -17.20 -3.90 0
AUDUSD -19.00 5.80 0
CADCHF -4.60 -0.10 0
CADJPY -3.90 -0.40 0
CHFJPY -0.50 -1.60 0
EURAUD 6.70 -22.50 0
EURCAD -0.20 -5.50 0
EURCHF -2.60 -0.70 0
EURGBP -1.00 -2.60 0
EURJPY -1.90 -1.30 0
EURNZD 1.21 -1.90 0
EURUSD -1.90 -2.10 0
GBPAUD 5.70 -24.60 0
GBPCAD -2.40 -5.40 0
GBPCHF -4.60 -0.10 0
GBPJPY -4.30 -0.10 0
GBPNZD 2.80 -18.90 0
GBPUSD -4.80 -2.80 0
NZDCAD -7.90 -0.10 0
NZDCHF -8.80 2.50 0
NZDJPY -7.40 1.70 0
NZDUSD -9.20 1.90 0
USDCAD -0.10 -4.20 0
USDCHF -2.10 -0.10 0
USDJPY -3.70 -1.10 0
XAUUSD -2.65 -5.83 0
XAGUSD -0.03 -0.13 0
Please Select Which Swap to Chart
Long Swaps Short Swaps
Symbol Volume  
AUDCAD 69
AUDCHF 89
AUDJPY 107
AUDNZD 81
AUDUSD 64
CADCHF 41
CADJPY 66
CHFJPY 76
EURAUD 153
EURCAD 126
EURCHF 25
EURGBP 23
EURJPY 65
EURNZD 90
EURUSD 17
GBPAUD 75
GBPCAD 44
GBPCHF 46
GBPJPY 38
GBPNZD 88
GBPUSD 30
NZDCAD 69
NZDCHF 65
NZDJPY 93
NZDUSD 24
USDCAD 22
USDCHF 20
USDJPY 15
XAUUSD 56
XAGUSD 16

OctaFXBonuses!

50% Deposit Bonus
End Date: Open Ended
Last Up-dated:02 Nov, 2016
Receive from 10% to 50% Bonus on all deposits and trade required number of lots before drawing the bonus.Get BonusGet OctaFX Bonus

Typical Spread on Majors -Live

 
EUR/USD 1
GBP/USD 1.5
USD/JPY 1
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