From demo accounts to Islamic accounts, learnDifferences between OctaFX account types and how they are offered to suit various trading styles。

OctaFX is one of the leading trading platforms that provides clients with access to various trading account types。While it's good to have multiple account types to choose from, it's not always easy to pick out the best one to support your strategy。This article will provide information about the different account types offered by OctaFX, while highlighting the individual features of each account。This can be used as a guide to help traders choose the best account type for their trading style。

OctaFXDemo Account

This is an account type whose main purpose is to help potential customers understand the platform enough so that they understand how the platform works。Demo accounts can also be used as a means for clients to test and evaluate trading techniques without committing any funds。

The OctaFX demo account allows potential customers to trade using virtual currencies, which means they don't take any risks.。However, the account replicates real market conditions, so customers can feel that they are indeed trading in a real market.。This experience becomes useful as clients can develop their trading skills before they start trading with real money, while enhancing their understanding of how financial markets work.。

Generally speaking, a demo account has no expiration date, which means that traders can use it indefinitely, perhaps as long as they have any knowledge needed to trade。But inOctaFX, they are at risk of losing their account if they are inactive for a certain number of days。For example, opening a Demo MT4 Micro account and being inactive for 8 days will cause the account to be lost。For Demo MT5 Pro, the account expires after 30 days of inactivity, while for Demo cTrader, the user loses the account after 90 days of inactivity。This is what potential customers need to be aware of.。

MT4Account

OctaFX MT4 account for traditional traders who prefer an easy start。The account offers as low as 0.Floating spread of 6 points。OctaFX MT4 account does not charge commission。Minimum deposit requirement for OctaFX MT4 account is $100。The maximum leverage ratio for this account is 1: 500。

The MT4 account offers a variety of trading tools including 35 currency pairs, gold and silver, 3 energy sources, 4 indices and 30 cryptocurrencies。However, this account does not appear to allow stock trading。

MT5Account

OctaFX MT5 account is a recommended trading account for innovative traders who love smart tech trading。The minimum deposit requirement for this account is $100.。This account type is characterized by a floating spread of 0.6 points, no commission。At the same time, the maximum leverage of the OctaFXMT5 account is 1: 500。This account has more trading tool options。These include 35 currency pairs, gold and silver, 3 indices, 10 indices, 30 cryptocurrencies and 150 stocks.。

OctaFXIslamic Account

This account type is aimed at Muslim traders who are looking for a Sharia-compliant trading platform。To access this account type, traders simply click after opening a new account"Swap-free" is enough.。OctaFX Islamic accounts are accessible via MT4, MT5 and cTrader platformsIn addition to regular fees, customers are required to pay a markup fee to cover the rollover fee。

OctaFX is one of the most famous brokers in the world and has won many awards for its comfortable trading atmosphere and proximity to clients。OctaFX was founded in 2011 and is headquartered in Strovolou 47, Kyros Tower, Nicosia。

Notable awards for OctaFX include Best ECN / STP 2019 and Best Broker in Asia 2019 from FX Daily Info。Global Banking and Finance Review magazine also awarded the brokerAsia's Best Broker Award 2018。In addition to this, the European CEO magazine also presented awards (Best Forex Broker and Best Trading Conditions 2018)。

For traders in most countries,OctaFX is managed by Octa Markets Incorporated and registered in Saint Vincent and the Grenadines。The broker also offers various conveniences such as live chat in Indonesian and support services via WhatsApp。Not only that, but access to funds can be made through various local banks。OctaFX does not charge a commission for every time a trader accesses funds。

OctaFX offers different types of accounts that use market execution (STP / ECN) and 0.2 point floating spread。All accounts of the OctaFX broker allow access to various forex strategies including Scaling, Hedging and Expert Advisors。

In openingMicro MT4 accountfixed exchange rate preferences are also available。All deposits in IDR will be made at1 USD = 10000 rupees exchange rate calculation and will be credited to the trader's account balance。In addition, Muslim traders who want to avoid overnight interest can use swap-free accounts.。

OctaFX trading is also suitable for novice traders。Because OctaFX offers low spreads, from 0.Start Floating at 0。The required initial deposit is also low, at just $25。The currencies used on the account are USD and EUR。

OctaFX offers 50% bonus for every deposit a trader makes。In this way, the capital acquired by the trader becomes larger。Increased opening opportunities and deposit bonuses can be withdrawn on terms and conditions。

If traders are still confused about calculating profits,The OctaFX platform offers a trading calculator for each account type。Traders only need to enter the currency pair traded, the amount of leverage, the number of lots and the type of currency used in the account.。

通过Autochartist function, the opportunity to gain profits is also growing。Traders are quickly notified when a profit signal appears in a trade。83% accuracy of trend prediction。

Traders don't need to worry about the safety of this broker's funds.。OctaFX uses segregated accounts and uses SSL technology to protect personal data and online financial transactions。This is adjusted in accordance with international accounting standards and regulations.。

Another advantage offered by OctaFX is the Trade & Win program。在在OctaFX opening an account will have the opportunity to collect trading hands that can be accumulated into a variety of attractive prizes。Traders only need to open a live account on MetaTrader4 or MetaTrader5 via OctaFX to redeem raffle tickets in this promotion。Among the prizes traders can get are T-shirts, Android smartwatches, smartphones and laptops。

Traders don't have to worry about missing out on promotions。BecauseOctaFX often has bonuses and other promotions。This broker holds a trading competition every week on a demo account with real bonuses that can be used for trading。

An example of a prize contest isOctaFX Champions - MT4 Demo Contest。The total prize money is $1,000 and there are 4 winners per period.。

Now that you knowOctaFX offers account types that allow you to make the most appropriate choice based on your trading objectives and potentially maximize your investment。

OctaFX is an international forex broker operating globally。The domain belongs to a group of companies called Octa Markets Incorporated, which is registered with the Saint Vincent and the Grenadines Financial Services Authority.。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.eu (regulated by CySEC)。