Octa Overview

Octa Markets plc was registered in St. Vincent and the Grenadines in 2011 with the regulatory number 19776IBC2011 and is regulated by the Financial Conduct Authority (FCA) of the United Kingdom with the license number 679306.

Octa is a world-renowned broker that offers more than 300 trading instruments, including stocks, commodities and indices, and provides foreign exchange brokerage services to clients in more than 100 countries around the world, using the most advanced technology and knowledge to facilitate foreign exchange transactions for traders.

Octa Security

• Independent Accounts: In compliance with international regulatory standards, Octa uses segregated accounts to keep traders’ funds separate from the company's balance sheet, ensuring the safety and security of traders' funds.
• SSL Protection: Octa employs highly secure technology to protect traders' personal data and financial transactions. SSL-protected profiles ensure that traders' data is secure and inaccessible to third parties due to strong encryption.
• Account Verification: Octa advises all traders to verify their accounts by submitting scanned copies of personal ID and proof of address.
• Secure Withdrawal Rules: Withdrawals from real accounts can only be made following email confirmation, ensuring that only the trader can access their funds. Traders are required to use the same payment details for both deposits and withdrawals. Under no circumstances can Octa transfer a trader's withdrawal to an unauthorized third party.
• 3D Secure Visa Authentication: Octa applies 3D Secure technology when processing credit and debit cards, ensuring all Visa transactions are transparent and secure.
• Advanced Protection: Octa's technical environment is monitored 24/7 by a dedicated team of professional security engineers and technical experts, minimizing the likelihood of data loss, damage, or other technical issues.

Octa Service Features

• Free Trading Education: All traders go through a period of trial and error before becoming professionals. Octa's free forex trading courses make it easier for traders to enter the market.
• Negative Balance Protection: If a trader’s account balance falls below zero after a losing trade, Octa will compensate it back to zero.
• Automated Trading Support: There are no restrictions on using trading robots for market analysis and risk management. Traders can test them on a free demo account, adjust them to meet investment goals, and then use them in real trading.
• No Restriction on Trading Styles: OctaFX removes all restrictions on trading techniques, allowing scalping, hedging, and smart trading.

Octa Account Types

Octa offers both real and demo accounts, available on OctaTrader, MetaTrader 4, and MetaTrader 5 platforms. Real accounts allow the use of real funds, while demo accounts use virtual funds but reflect real market conditions, helping traders familiarize themselves with trading tools or test strategies without risk.

Each trading platform has its account types, each offering different features for varied trading experiences.

OctaTrader

• Spread: From 0.6 pips, floating, with an additional spread.
• Trading Commission: $0, no deposit or withdrawal fees.
• Minimum Deposit: $25, with a recommended deposit of $100.
• Trading Instruments: 80, including 35 currency pairs, gold and silver, 3 energies, 10 indices, and 30 cryptocurrencies.

MT4

• Spread: From 0.6 pips, floating, with an additional spread.
• Trading Commission: $0, no deposit or withdrawal fees.
• Minimum Deposit: $25, with a recommended deposit of $100.
• Trading Instruments: 80, including 35 currency pairs, gold and silver, 3 energies, 6 indices, and 34 cryptocurrencies.

MT5

• Spread: From 0.6 pips, floating, with an additional spread.
• Trading Commission: $0, no deposit or withdrawal fees.
• Minimum Deposit: $25, with a recommended deposit of $100.
• Trading Instruments: 277, including 52 currency pairs, gold and silver, 3 energies, 10 indices, 34 cryptocurrencies, 150 stocks, and 26 intraday assets.

Demo Account

The Octa Demo Account is essentially a Forex practice account that helps traders learn all the features of the trading platform and understand how the Forex market works before depositing any real money.

A Demo Account has all the features of a real account, and it is safer and easier to learn how to process orders and manage risk on a free demo trading account.

• Free to Use: Test trading strategies and perform risk-free trades at no cost.
• Trade with Real Data: While demo forex trading is simulated, the platform still provides real market data for free.
• Learn All Features of the Trading Platform: Learn to read charts, and use graphic objects, levels, Fibonacci retracements, etc.
• Try Different Order Types: Use the Octa demo account as a trading trial period to understand how orders work.

Octa Account Opening Process

Octa's account opening process is very straightforward. Click “Open an Account with Octa Now!” to start.

Here’s the basic process:

1. Click the "Open Account" button to create a trading account.
2. Fill out the form or register via Facebook, Google, or Apple ID. Enter your real email, set a password, and click the register button to continue.
3. Check your email. In the response email, click the confirmation button.
4. Provide personal details and click "Continue" to proceed. Identity verification must be completed before making a deposit.
5. Configure your new trading account.
   1. Standard: Get started quickly with the most popular trading settings and a real MetaTrader 5 account with 1:1000 leverage.
   2. Custom: Manually adjust your account type (real or demo), trading platform, and leverage ratio.
6. Click "Create Account" to complete the registration process. Your Octa account is ready. Click "Deposit" to fund your real account and start trading.
7. Click "New Deposit". Choose a payment method and fund your trading account. Click the "Trade" button. Log in with your trading password and start trading on MetaTrader 5.

Octa Deposits and Withdrawals

Deposit Process

1. To make a deposit, first log into your personal account.
2. Click the "New Deposit" button.

   

3. Select the account you want to fund.

   

4. Choose a transfer method. Various payment methods are available, including bank transfers, credit cards, debit cards, e-wallets, etc. The actual list of payment methods depends on the country/region specified during registration.

The deposit methods are as follows:

Payment Method	Currency Type	Minimum Amount	Processing Time
Neteller	EUR	50.00 EUR	Instant
Skrill	USD	50.00 USD	Instant
Litecoin	LTC	0.30000000 LTC	3 - 30 minutes
Dogecoin	DOGE	230.00000000 DOGE	3 - 30 minutes
Tether ERC-20	USDTE	50.00000000 USDTE	3 - 30 minutes
Tether TRC-20	USDT	50.00000000 USDT	3 - 30 minutes
Ethereum	ETH	0.02000000 ETH	3 - 30 minutes
Bitcoin	BTC	0.00037000 BTC	3 - 30 minutes
Mastercard	EUR	50.00 EUR	Instant
Tether ERC-20	USDTE	50.00000000 USDTE	3 - 30 minutes
Tether TRC-20	USDT	50.00000000 USDT	3 - 30 minutes

Withdrawal Process

Withdrawals can only be made after verifying your personal profile.

Log into the personal area on the official website.

1. Withdraw from Wallet: Click "Wallet → Withdraw" in the right menu.

   

2. Withdraw from Trading Account: Select the account from which you wish to withdraw on the main screen, then click "Withdraw".

Choose the appropriate withdrawal method, then click "Next".

Withdrawal requests are usually processed within 1-3 hours, with the total transaction time depending on the payment system.

Enter the required details for the selected payment method, then click "Request". Ensure that the correct currency is specified.

Finally, carefully check that all details are correctly entered, thoroughly review, and click "Submit" to confirm.

Once completed, wait for notification: confirmation will be sent via email and personal area notifications.

The withdrawal methods are as follows:

Payment Method	Minimum Amount	Processing Time
Neteller	$5.00	1-3 hours to approve withdrawal, up to 5 minutes to transfer.
Skrill	$5.00	1-3 hours to approve withdrawal, up to 5 minutes to transfer.
Litecoin	0.11000000 LTC	1-3 hours to approve withdrawal, up to 30 minutes to transfer.
Dogecoin	75.00000000 DOGE	1-3 hours to approve withdrawal, up to 30 minutes to transfer.
Tether ERC-20	10.00000000 USDTE	1-3 hours to approve withdrawal, up to 30 minutes to transfer.
Tether TRC-20	10.00000000 USDT	1-3 hours to approve withdrawal, up to 30 minutes to transfer.
Ethereum	0.00700000 ETH	1-3 hours to approve withdrawal, up to 30 minutes to transfer.
Bitcoin	0.00012000 BTC	1-3 hours to approve withdrawal, up to 30 minutes to transfer.
Mastercard	$20.00	1-3 hours to approve withdrawal, up to 3 hours to transfer.

Withdrawal Limits:

• Skrill, Neteller: Starts at $5, with no maximum limit.
• Bitcoin: Starts at 0.00096 BTC, with no maximum limit.
• Withdrawal banks may have additional restrictions.

Octa Trading Platform

OctaTrader

OctaTrader uses TradingView’s charting technology. The market analysis service provides up-to-date currency rates, including EUR/USD and GBP/USD. The platform allows traders to track market movements, important news, and upcoming events through tools similar to an economic calendar. Multi-platform trading is available from any device.

• One-click trading
• Terminal alerts and notifications
• Information on broker promotions and plans
• Seamless deposits and withdrawals
• Access to regularly updated analysis
• Customer support related to platform development

MT4

Octa offers the MT4 platform, allowing traders to trade efficiently and with complete peace of mind. Educational materials and an MT4 demo account are also provided to help traders practice in a risk-free environment.

• Flexibility: Choose from various currency pairs, cryptocurrencies, indices, and metals.
• Ease of Use: The user-friendly interface of MT4 facilitates easy trading for all levels of traders.
• Customization: Develop your own expert advisors (EAs) and technical indicators on MetaTrader 4 to meet your trading needs. Arrange windows and charts for each profile.
• Efficiency: Minimize interruptions with MT4’s stable performance across all devices.
• Chart Tools: Analyze market technicals using advanced charting tools.
• Language Support: Access the platform in multiple languages.

MT5

MT5 combines the simple interface of its predecessor with many new features to meet the needs of technical and fundamental traders. It offers a wide range of chart timeframes, indicators, and graphical objects for in-depth technical analysis.

• More Order Types: Traders can place eight types of pending orders for more precise control of open positions.
• Cryptocurrency Trading: MT5 allows day trading or position trading of cryptocurrencies, with new hedging features supporting scalping.
• One-Click Trading: Simplifies the process of opening new positions with one click.
• More Technical Analysis Tools: MT5 includes additional technical tools, offering options from over 21 chart timeframes and 9 extra chart structures.
• Cleared Separation: Allows separation between orders, positions, and trade terms.
• Optimized Strategy Tester: Enhances the testing capabilities and detailed presentation of EA trading results.
• Improved EAs: Integration with MQL Forex market EA products tab.
• Economic Calendar: Traders can now monitor economic events, data, and indicators in real-time every hour for market monitoring.

Octa Trading Products

Forex

Octa provides mainstream currencies, cross-currencies, and exotic currencies.

• Stable spreads from 0.6 pips.
• All 7 major currency pairs and 28 other currency pairs.
• Most forex pairs have leverage up to 1:1000.
• No fees, no commissions, no swaps.
• Order execution time of less than 0.1 seconds.
• Low entry threshold starting from $25, with trade sizes starting from 0.01 lots.

Derivatives

No commissions and no overnight fees for holding leveraged positions.

• Free leverage up to 1:40.
• Profit from bearish markets through short positions.

Indices

Traders can buy and sell global stock indices on Octa, including Wall Street 30, Nasdaq, and DAX.

• Invest in global stock indices and trade CFDs on major indices to cover entire national stock markets rather than individual companies.
• Benefit from any price movements and profit from market trends, whether up or down.
• Use leverage up to 1:400 for larger trading volumes: start trading with a small deposit.
• Minimize costs with low spreads, maintaining stability even during high volatility.
• Free trading of indices: no commission, no fees, no swap fees.
• Receive a 50% bonus on each deposit and withdraw after trading a certain number of lots.

Commodities

Traders can use CFDs on Octa to capitalize on price movements in commodities.

• Most brokers charge fees to enter the market, but Octa charges no commissions.
• Minimized trading costs and industry-low spreads.
• Flexible leverage up to 1:400, allowing traders to gain larger market exposure with relatively small initial deposits.
• Receive free market insights from analysts, with news and analysis sent directly to the commodity trading platform or mobile device, staying closely connected to the market.

Cryptocurrencies

Cryptocurrency pairs are available seven days a week on MetaTrader 4 and MetaTrader 5 platforms. Octa now offers 34 digital assets for trading, including popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, etc.

• Trade with leverage up to 1:200, allowing for larger cryptocurrency purchases/sales.
• Low entry fees, starting at $100 for BTC trading.

Stocks

Octa offers stocks from over 100 listed companies, with no leverage available. Choose from reputable company stocks.

• Commissions for all stocks are $15 per trade or 0.1%, whichever is higher.
• Minimum deposit of $10,000.
• Dividends are paid, no custody fees, and no voting rights.

FAQ

How do I change my leverage?

• Click on the leverage ratio in the Primary Account section. Set a new leverage and press the Change button. Ensure there are no open positions or pending orders before changing this parameter.

What are the market hours?

• OctaTrader, MT4 and MT5 trading hours for all currency pairs, except cryptocurrencies and stocks, are 24/5, starting at 12:00 AM on Monday and ending at 11:59 PM server time (EET/EST) on Friday. Cryptocurrency trading is available 24/7; stock trading is based on the trading hours of the stock's exchange.

• During server maintenance, no trading is available from 12:00 AM to 2:00 AM on Saturday and from 3:30 AM to 4:00 AM on Sunday.

Can I submit a withdrawal request if there are pending orders?

• Yes, you can submit a withdrawal request even if there are pending orders, trades, or positions. Note that the available margin must exceed the requested withdrawal amount. If funds are insufficient, the request will not be processed.