The forex trading market witnesses a number of ups and downs on a frequent basis. This is exactly why traders who are looking to make money through trading must rely on efficient, quick and reliable trading platforms such as the OctaFX broker. Traders who have limited money at their disposals but still intend to earn huge profits can safely invest through the Octa FX. Here, find a comprehensive review about the OctaFX trading platform and its benefits and features.
Background
Incepted in the year 2011, OctaFX has created its very own space in the trading industry. Run and operated via Jakarta in Indonesia, OctaFX focuses primarily on the Asian markets. However, the broker offers services to traders in more than hundred nations.
Special Features
OctaFX is a great platform for trading a wide variety of assets. The broker operates via the STP/ECN format and offers tight spreads as well as quick execution. OctaFX basically offer four different types of accounts for its traders including Micro and Mini accounts as well as ECN accounts for advanced and experienced traders. Its customer support team is easily approachable and offers 24 hours and five days of support services every week. The broker is renowned for offering reliable services, enough liquidity and prompt customer support services.
Leverage and Spreads
OctaFX offers spreads starting from 0.2 pips as well as no re-quote and slippage. The broker offers leverage anywhere up to 500:1. OctaFX basically offer two unique platforms for trading including the MetaTrader as well as the cTrader platforms. Both the platforms offer highly secure 128 bit SSL encryption technology, which means all the trading sessions as well as personal information of the traders are always secure and safe.
Withdrawals and Deposits
Traders can choose to withdraw and deposit money via bank wire transfers, MasterCard, Visa, Skrill as well as CashU. Additionally, the broker also offers numerous domestic methods of payments to make things convenient for the traders. Traders can deposit either in EUR or USD, with a minimum deposit amount of 5 dollars for opening a micro account. On the other hand, the broker processes withdrawal requests immediately after the trader confirms the same via an email.
Support
The broker is excellent when it comes to offering support to its customers. Its customer care representatives offer support in multiple languages and handle more than two thousand inquires on an everyday basis. Apart from this, OctaFX also offers market research, news and views to help investors in placing successful trades. Through their services and offerings, OctaFX has garnered numerous awards and recognition from experts within the trading fraternity. The broker acquires five hundred fresh clients and witnesses four billion dollars of trading on a daily basis. OctaFX also complies with international regulatory legislations and standards, which makes it a highly secure and safe platform.
To conclude, if you are searching for an efficient, knowledgeable, feature rich and trustworthy forex trading platform then OctaFX is definitely a great place to initiate trading. The platform is ideal for both newbie and experienced brokers who are looking to earn sufficient profits through foreign exchange trading.
