OCTAFX User Reviews
Headquarters:Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
Your capital is at risk
Allows quick withdraw and deposit in local banks of India , withdraw s are initiated very fast and provide best exchange rate than any other broker across the world towards Indian citizen
I catched the trend and earned 2700 $ - in a week! withdrew it fast with no commissions or delay. Good broker, good customer support - I recommend it to my friends.
They are leaders in Asian markets by providing ultra speed trade execution on third Mt5 ! I tried brokers for execution speed but octafx beat all! We love octafx! Now they providing gift for lot completion! Mohamed Arif Puthanatham, India
They do have low spreads
Getting 50% on every single deposit is an amazing offer. It encourages me to stay loyal to Octa.
I love to trade with OctaFX, as they have the best trading platform cTrader, where i am able to trade smoothly with all my trading orders executed instantly without any frustrating quotes happening, so even if i try trading in news like NFP it is successful and also my long term problem of needing to remember the session where i am trading is solved, as it is now written below on the platform which makes it great for me. So i would give them 10/10 marks!
I had try this broker since March 2013 till now. I noticed that this Broker is very polite and very past execution,
The spreads which they offer is one of the tightest I seen so far
I had try this broker since March 2013 till now. I have no problem with this Broker. OctaFx is very good broker and I highly recommended to use this broker.
I really like the professionalism that they show to me
Trade execution is virtually instantaneous
I am testing OctaFX now as for me their advantage is a good withdrawal process and speed of their services on the whole, better then I expected. Firstly, I found about them not very positive feedback and their promotion thing rouse some doubts, but finally I decided to try (all brokers have bad reviews) by getting some recommendation and actually haven't found some scam things. I suppose that this broker will suite someone with particular requirements (leverage, deposit) cause it is not the top one, but to the level it presents it is rather optimal. Moreover, I've recently had some issue with payment but their customers service helped me without any delay and much words. So, the reason for chosing was mostly based on my own preferences and expectations, the right thing while choosing, I suppose, is not to re-rate the broker and to know all of its pros and cons. According to my practice and feedback there is no a broker who could provide you a 100% reliability in any case.
I had try this broker since March 2013 till now
It takes only $5 to open a live trading account!
These are some of the lowest spreads I have ever encountered. Period.
Dear Forex trader.... I'll here write my review for the experience I have been through with OctaFx trading company... First of all I have knew this great company from the no deposit bonus program 8$, and this was a really great opportunity to try its Meta-trader service and orders execution :-), and here is what I have found
There is no problem reaching the support team and they are also multi lingual!
Weekly and Monthly Trading Competitions
As a new trader this is great, trading with $5 enables me to practice trading without risking capital.
I much prefer the cTrader platform, and so few brokers off it.
Wanted to compare the MT4 with cTrader so I opened a demo account on both platforms. I decided I much prefer cTrader.
I have been in trouble for a long time seeking broker that would allow me to adapt tading platform under my needs. As I am mostly technician and have very specific trading software (ultra-scalping EA), I failed several times to build good relationship with brokers, was accused in improper trading, arbitrage, etc. Now I give a try to OctaFx (already 6 month with them) and it seems that my software is running good along with their policies. Happy as a King. Execution and spreads are good enough. But they don't have webmoney and it really makes me upset a little bit. Hope they will keep on with their beatiful attitude to their clients...
I like the platform that the use with ctrader. But how can you trade with confidence with a broker that states they are regulated and even on FXempire you say they are regulated but they are not. I checked FCA site, https://register.fca.org.uk and it shows that OCTAFX is no longer authorized reference number 679306. Just my thought if a person should actually trade with a non-regulated broker. This shouldn't be allowed.
I requested a withdrawal a few days ago, i'm still waiting, until now the withdrawal service is very bad, i'm afraid that i won't see my money back
In my first trading, everything is fine and after a weeks I always suffered high slippage when I tried to close my profitable trades and I cannot believe this. They are a scam broker! Please avoid trading with them and just save your money!! Do not invest here believe me!!