Discuss OctaFX.com

[OctaFX Rep]

Industry's best Islamic accounts
OctaFX Islamic account is a unique offer designed exclusively for Muslim traders!​

Islamic account has no swap applied during a rollover but a fixed fee instead. This fee is not an interest and primarily depends on the direction of your position.

You can calculate the commission of your particular trade using the special OctaFX tool here.

We care about our customers and we do our best to make their trading experience easy and convenient.​

Open an award-winning Islamic account with OctaFX today!

 

[OctaFX Rep]

Round 50 of cTrader Weekly Demo Contest with OctaFX

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Round 50 of cTrader Weekly demo contest is finally over, and it's our pleasure to announce the brand new winners of the contest!

Five skillful traders share the weekly prize fund of $400, and here they are:

• 1st place with the award of $150 goes to Mr. Dony Fitrah from Indonesia.
• 2nd place with the award of $100 goes to Mr. Rizwan Ahmed from Pakistan.
• 3rd place with the award of $75 goes to Mr. Grigoriy Danilov from Uzbekistan.
• 4th place with the award of $50 goes to Mr. Kirit Rupala from India.
• 5th place with the award of $25 goes to Ms. Sri Wahyuni from Indonesia.

The cTrader Weekly demo contest offers the ideal chance to win one of our valuable prizes while offering a risk-free option in demo trading. If you’ve never traded on cTrader platform before, it’s now your time to test its unique features such as:

• Mobile trading (mobile browser or iOS/Android app)
• Direct Market Access brokerage capabilities
• Creating and sharing screenshots automatically
• Algorithmic trading with cAlgo
• Full-size tick chart
• Reversing/doubling position in one click
• Closing all open positions in one click

This contest is an ideal option both for those who are testing their skills or starting out in the Forex market.

Are you ready to test your trading skills and win one of the prizes? Don't miss out! Then open a demo account to participate in the next cTrader Weekly demo contest round!

Don't forget to check our website for more great offers!

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[OctaFX Rep]

50% deposit bonus for cTrader real accounts is now available

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Dear traders!

With the success and popularity of our promotion for users of MT4, we are now introducing it to cTrader users. OctaFX is all about driving Forex trading to new levels and we are proud to announce a 50% deposit bonus for cTrader users!

Enjoy trading and add half of your deposit as a bonus! Simply deposit funds to your account and you can choose what bonus you want to have - between 10% to 50% of your deposit. It is the perfect chance to increase your account free margin and potentially gain more profit.
Any user, whether new or existing, can enjoy the benefits of the offer. You can also choose to receive bonuses automatically via your Personal Area, every time you deposit to your account.

To receive this exclusive offer simply:

1. Register an account with OctaFX
2. Deposit funds to your account with no commissions
3. Get bonus

You can get bonus upon each of your deposits and it is withdrawable, please see rules.

OctaFX reserves the right to change, update or cancel this promotion with notification in the Company news.

 

[OctaFX Rep]

Round 54 of OctaFX Champion demo contest!

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The results of Round 54 of the OctaFX Champion demo contest are here, so let's meet and congratulate our recent winners who shared the prize fund of $1000. They were happy to give us their opinions and views into their trading methods and successes.

● 1st place with the award of 500 USD goes to Mr. Sandi from Indonesia.
● 2nd place with the award of 300 USD goes to Mr.Robert Aleniko from Indonesia.
● 3rd place with the award of 100 USD goes to Mr Modh Azam Yazid from Malaysia.
● The last place is Mr. Anees ur Rehman from Pakistan who has won 100 USD

To know more about how our great winners and how they achieved their success - just read some of the following interviews!

1st place: Mr. Sandi from Indonesia
I´m very happy and proud to be a champion of OctaFX contest because I´m a newbie and I could beat the other participants who are more experienced than me. I use almost all of my spare time to focus on the contest because I want to compete seriously. It is important not to be complacent with this victory, and it should be a motivation for the future in trading. Promotions offered by OctaFX are really attractive for traders. If there is any other promotions in the future, I would like to get involved again.

The key factor of my success was believing in myself and that I'm capable of using the trading techniques. My advice for other traders is to focus with 1 or 2 techniques and learn them deeply. Also you need to be calm and try not panic while trading.

My best profit I made was when I was trading on the news release with a fluctuating movement. And my biggest loss was when the movement of the candle was not in accordance with my expectation.

To be a good trader you must go through several phases. The failures at the beginning of trading can be used as trading experience for the future. And of course, you need to be strong mentally.


2nd place: Mr.Robert Aleniko from Indonesia
I´m very happy with the victory that I have achieved in this contest, despite only being in second place. With the results that I have obtained during the recent contest, at least there is progress in every open position I made, Sometimes it is enough to see the progress every hour. However, when I have free time, I always check the currency movement to take action at the right moment, to open position in accordance with my analysis.

This is my first victory so it makes me even more eager to join in all contests and promotions held by OctaFX. My success in this contest is always followed by news or financial news on the OctaFX website. To reinforce my analysis, I put on some indicators within MetaTrader 4.

I still have not mastered the strategies to get a consistent profit, but I am more comfortable using fundamental techniques.

The biggest profit that I made was $7 740. And my greatest losses occurred on the last day of the contest because I opened a position without strong analytical and trading thoughts, against the market.

In my opinion, it takes a long time to be a good trader who can earn a consistent profit. However, OctaFX can help beginners like me, to understand forex trading.

3rd place: Mr Modh Azam Yazid from Malaysia
Thanks for having such a great contest! I´m very, very happy as this is my 1st time that I have achieved this kind of win. I use almost all of my leisure time to learn and practice trading in forex and I used the OctaFX Demo contest as a way to challenge myself.

One thing I would suggest is to practice and master one particular technique. I've tried various techniques but now I'm using only one technique which I feel suits me well. It is basically just follow the trend & get into the market at the end of retracement.

Last place: Mr. Anees ur Rehman from Pakistan
All I can say is that due to some bad trading decisions my trading account came to zero in first week after coming in the TOP 20. I have registered myself in the next round and I will try to improve my skills before trading using a real account.

I have learnt a lot from this experience. There is no shortcut to becoming a good trader. You need to focus on the long term rather than the short term. I remember my last trade was successful. On that day I managed to make 400+ USD in my championship account. As per your other questions, it doesn't take much time to trade but you have to dedicate two to three hours minimum per day.

And to become a good trader you need to practice for around two years before trading with real accounts using low amounts at first.
My best financial gain was when I got 3rd place in OctaFX Champion Demo Contest. I was so happy. Also, my biggest loss was over a period of time, when I lost thousand of dollars learning to trade forex. I have been involved in trading forex for almost two years and I would say I probably need another two years to become a good trader.

Ready to try the OctaFX Champion demo contest yourself? Just register here and accept the challenge to be in with a chance to win!​

Join the OctaFX Champion Demo contest today!

 

[OctaFX Rep]

OctaFX Security

Our client's funds security is our top priority. With OctaFX you can be absolutely sure your deposits are secured in every possible way. Here are some of the measures we take to ensure funds protection:

SSL-protected Personal Area
We use highly secure technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 128-bit encryption, which makes your browsing safe and your data inaccessible to any third parties.

Account verification
OctaFX recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured.

Secure withdrawal rules
Since a withdrawal from a live account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can OctaFX transfer your withdrawal to an unauthorized third party.

3D secure Visa/Mastercard authorization
We apply 3D secure technology when processing credit and debit cards. This technology makes all Visa/Mastercard transactions transparent and safe.

Advanced protection
The OctaFX technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely.

OctaFX: your top-notch broker. Join today!

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[OctaFX Rep]

OctaFX sends best wishes to Muslims celebrating Eid Al-Adha

OctaFX sends its best wishes to Muslims around the world celebrating Eid al-Adha, marking the end of Hajj, the holy pilgrimage to Mecca.

As Muslims gather with their families we wish you a peaceful and joyous Eid al-Adha.


Eid Mubarak from the team at OctaFX!

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[OctaFX Rep]

OctaFX launches MT5

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OctaFX has yet again expanded its offering to ensure it provides the best trading conditions
in the industry – this time enabling users to trade on the MT5 trading platform. OctaFX provides unrivalled low spreads and commission-free trading on both MT4 and MT5 platforms.

MT5 sports a new user interface enabling users to chart assets at 21 different timeframes and have up to 100 different currency charts open at any given time.

Key new MT5 features include enabling traders to:

• Open positions in one click right from the Market Watch window
• Analyse trends and recognise patterns with over 80 built-in indicators
• Backtest and optimise EAs in an advanced Strategy Tester
• Keep updated with the upcoming news releases with the built-in Economic Calendar
• Place two new types of pending orders - Buy Stop Limit and Sell Stop Limit orders
• Hedge, opening multiple trades for the same symbol including in opposing directions

Enhancing its user offering still further, OctaFX will shortly be announcing revamped account types and conditions. MT5 will be packaged with OctaFX's new Pro Account. Look out for more information on OctaFX's Company News page.

To open a new MT5 Pro account Click here. Go to the downloads page to choose the MT5 version that suits you best. MT5 is available for PC, iOS, Android and you can also trade from your browser.

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[OctaFX Rep]

Round 52 of cTrader Weekly demo contest: winners announced!

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Another week is over, and so is the latest cTrader Weekly demo contest Round 52 which means another $400 have been reserved for the most skilful competitors. This time, the best of the best were:

• 1st place with the award of $150 goes to Mr. Muhammad Usman from Pakistan.
• 2nd place with the award of $100 goes to Mr. Mohamed lamine Zaamta from Algeria.
• 3rd place with the award of $75 goes to Ms. Umu Hikmatin, Se.MM from Indonesia.
• 4th place with the award of $50 goes to Mr. Rizwan Ali from Pakistan.
• 5th place with the award of $25 goes to Mr. Imam Pamungkas from Indonesia.

Want to join the winners list next time? There is no easier way to test your trading skills and to win in a no-risk environment than to join OctaFX cTrader Weekly demo contest. No funds are required to participate: the competition is held on cTrader demo platform. If you’ve never tried it before, here are a few points to catch your interest:

• Level II Pricing: a full range of prices directly from liquidity providers;
• Templates: create and save chart templates to use later;
• Advanced Chart Trading: simply click-and-drag to trade;
• Mobile and Web trading;
• Automatic screenshots;
• Algorithmic trading with cAlgo;
• ...and many more!

Ready to try and compete? Then open a demo account to take part in the upcoming round of cTrader Weekly demo contest and make sure to do your best!

OctaFX cTrader Weekly demo contest: compete and win!

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[OctaFX Rep]

OctaFX delights traders with new accounts offering

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OctaFX, the forex broker renowned for offering the lowest spreads in the industry, today announced a complete revamp of its trading accounts and conditions. In its bid to constantly respond to customer requests and improve trading performance, OctaFX has further enhanced conditions on both MT4 and cTrader accounts as well as launching a brand new MT5 Pro Account.

OctaFX’s new Pro Account is designed to suit traders who wish to take advantage of the benefits of the new MT5 platform. MT5 offers numerous new features including an enhanced new user interface, the ability to hedge, opening multiple trades for the same symbol including in opposing directions, and the ability to place Buy Stop Limit and Sell Stop Limit orders, to name but a few.

In addition to enabling trading on MT5, OctaFX’s new Pro Account provides users with even lower floating spreads, starting from 0.2 pips. And for those interested in additional currency pairs, indices (Nikkei 225, Nasdaq 100 S&P 500 Dow Jones 30), precious metals or crude oil, a total of 44 instruments are now included. The Pro account is commission-free and the combination of a minimal volume limit of 0.01 lot, 1:200 leverage and advanced MT5 analysis tools enables traders to adapt their strategy to any market conditions.

OctaFX has combined the best features of their old Micro and ECN accounts into their newly enhanced MT4 Micro account. These include spreads starting from 0.4 pips, a minimal volume of 0.01 lot and 1:500 leverage. The number of trading instruments available with the MT4 Micro account has been increased to include 28 currency pairs as well as gold and silver. New MT4 ECN accounts are no longer available but existing users of old account types (MT4 or cTrader) can continue to use their old accounts for trading.

Traders interested in direct market access are now able to select OctaFX’s revamped cTrader ECN account. This account features raw spreads from 0.0 pips, competitive commissions and 35 currency pairs along with gold and silver and level II quotes.

“We have listened attentively to our customers and developed a suite of accounts designed not only to cater to almost all our traders’ needs, but also to provide industry-leading trading conditions,” said an OctaFX spokesperson. “We have built a reputation of putting our customers first and we are thrilled to be able to once again delight traders on OctaFX.com with unrivalled trading conditions.”

Here is what some OctaFX customers are saying:

I love the Pro account! It has extremely low spreads, includes more instruments and it’s much more interesting to have CFD and Energies in the OctaFX platform.

Muhammad Hafizul Abdul Rashid​

I love the spreads. I do notice there is platinum and palladium on there and 1:200 is good leverage, I think it is safe… This pro account has indices, OctaFX has never offered those before. I'm very happy.

Maxim Ferberov​

To find out more about OctaFX accounts or if you would like to open a new OctaFX MT5 Pro, MT4 Micro or cTrader ECN account, please click here.

Select the account that suits you best

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[IrwanI]

OctaFX Rep so active posting new info here.