OctaFX Trading App: A Beginner's Guide
The OctaFX trading app, which allows traders to enter the market via a smartphone, supports features such as market analysis, promotions and bonuses, as well as free deposits and withdrawals.。
The OctaFX trading app, which allows traders to enter the market via a smartphone, supports features such as market analysis, promotions and bonuses, as well as free deposits and withdrawals.。
OctaFX is one of the trusted global brokers that supports low-cost online trading。OctaFX was founded in 2011 as part of International Business Corporation (IBC), including Octa Market Incorporated and Octa Market Cypus Ltd in Saint Vincent and the Grenadines.。In addition, OctaFX has grown rapidly, building a strong customer base in the Asia-Pacific region.。
OctaFX separates all client funds from the company's working capital and provides negative balance protection for all clients。Not only that, the company also offers traders higher leverage and bonuses。
OctaFX trading APP is available for Android and iOS, provides a variety of tools, and the APP runs safely and accurately。
OctaFX APP is easy to use and customers can trade and invest using their smartphones。As of press time, it has received 4% from more than 178,000 users on the Google Playstore..5 / 5 rating, and more than 10 million traders worldwide have installed and downloaded。
Traders can download this app on the following platforms:
- Android users: Google Playstore
- iOS User: Appstore
OctaFX offers unconditional swap-free and basic features of the MetaTrader platform with spreads as low as 0.6 o'clock。
What can be traded on OctaFX App?
OctaFX is one of the world's best forex brokers, offering trading tools including forex assets, commodities, cryptocurrencies, indices, metals, energy and CFD。Specifically, there are 35 currency pairs + gold + silver, 3 energy, 10 indices, 30 cryptocurrencies and 150 stocks (on the MT5 platform).。
Forex currency pairs are leveraged up to 1: 500, indices are leveraged up to 1: 50, commodities are leveraged up to 1: 200, metals are leveraged up to 1: 200, cryptocurrencies are leveraged up to 1: 25, and stocks are leveraged up to 1: 20。
OctaFX What are the account types??
You can trade online using your MetaTrader 4 (MT4) and MetaTrader 5 (MT5) accounts。Both accounts can be registered with an initial deposit of at least $100 and a spread from 0.From 6 o'clock, the minimum trading volume is 0.01 lots, maximum leverage of 1: 500, margin call / forced closing level of 25% / 15%。USD and EUR are the base currencies available for this app。
The difference between the two account types lies in the instruments of the index and the stock。The MT5 account offers 10 indices and 150 stocks, while the MT4 account only supports 4 indices and does not support any stocks。In addition, MT5 offers a maximum trading volume of 500 lots, while MT4 offers a maximum trading volume of 200 lots.。
In fact, MT5 has more advantages than MT4 because it has more investment vehicles。However, the MT4 account is also suitable for ordinary traders who like simple trading.。
Other characteristics
The OctaFX Trading App has all the basic features that a trading platform has, in addition to a variety of tools and two account types, the following are other notable features of the app:
Market Analysis and Education
The "Trading Tools" section of the OctaFX application provides traders with important information by providing daily trading posts, market technical and fundamental analysis, and market trading strategies, so that you can respond to market fluctuations in real time to manage positions, obtain the right trading profit opportunities, and avoid risks。
The app also provides access to a full economic calendar, making it easy for you to track events that affect forex trading, and a profit calculator function is available to analyze market conditions, predict strategies to take。In addition, OctaFX has added a "webinar" feature to enhance your trading knowledge and understanding through recorded real-time trading sessions.。
Promotion and Bonuses
OctaFX provides you with a bonus scheme of up to 50% per deposit, and also provides traders with "Trade & Win," 1 lot bonus is equal to 1 lot trading, the more lots traded, the greater the prize。
OctaFX gives traders rewards for this action, increasing their trading momentum。In addition, OctaFX also provides users with a special "affiliate link" program to invite friends。
OctaFX deposit and withdrawal
OctaFX supports multiple payment methods, no commissions and fees, easy for customers to deposit and withdraw, and a good pricing environment with low deposit requirements (starting from $25)。
OctaFX customers can deposit using a variety of payment methods, including online banking, credit cards, debit cards, Bitcoin, Skrill, Neteller, Dogecoin, Ether, Litecoin, Tether (ERC 20), and Tether (TRC 20), typically in just 3 minutes to 1 hour。
For withdrawals, OctaFX offers almost the same payment method with a processing time of 1 to 3 hours。Withdrawal requests will be processed from 06: 00 to 22: 00 Eastern Time every Monday to Friday.。
In general, OctaFX deposits and withdrawals are quite fast compared to other brokers, especially withdrawals.。
Conclusion
As an excellent broker, OctaFX offers its clients 2 MetaTrader accounts (i.e. MT4 and MT5) with anytime, anywhere access to trade。OctaFX has been in operation for about 10 years and has always been committed to developing its products and services.。The app has many features that allow customers to enjoy low fees, low spreads and global influence to easily trade。OctaFX also offers deposit and withdrawal processing compared to other brokers。
OctaFX is an international forex broker operating worldwide.。The domain belongs to a group of companies called Octa Markets Incorporated, registered with the Saint Vincent and the Grenadines FSA.。Currently, the company focuses on the Asian, South African and Australian markets.。OctaFX.com does not accept European customers because the market is specifically designated to OctaFX, which is regulated by CySEC.eu。
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