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OctaFX |
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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 |
 |
Clients Funds Segregated |
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Interest on Margin |
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Islamic Accounts |
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Islamic Account Restrictions |
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ECN / STP Accounts Offered |
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Commission on STP or ECN |
$6/Lot (cTrader ECN accounts) |
VIP Accounts Offered |
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Mini Accounts Offered |
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PAMM / MAM Solutions |
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API Solutions |
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Mobile Trading |
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Web Based Trading |
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Funding Methods |
Credit/Debit Cards ,Wire Transfer ,Skrill ,Neteller ,China UnionPay ,Boleto bancario ,FasaPay ,Rapipago |
Withdrawal Methods |
Wire Transfer ,Skrill ,Neteller ,China UnionPay ,FasaPay |
Trading Details
Dealing Desk |
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Maximum Leverage |
500:1 |
Minimum Contract Size |
0.01 |
Execution |
Market Execution |
Hedging |
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Scalping |
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Scalping Restrictions |
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Negative Balance Protection |
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Additonal Instruments
OctaFX Reviews Click here to
- Lucas
- Nov 25, 2015
- Country: Canada
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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. |