Discuss OctaFX.com

[OctaFX]

OctaFX Supreme Game Demo contest - trading season is on!

OctaFX Southampton Supreme Game score is 60 – 65 to Reds!

Congratulations to all the winners and to those traders who scored!
Thank you for participating!


Get an opportunity to win 150 USD in 90 minutes in OctaFX Supreme Game demo contest. New round kick-off every Monday, unlimited prizes and football spirit.


Join the next Monday game here!
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[OctaFX]

$400 for the winners in Round 43 of OctaFX cTrader Weekly demo contest

Round 43 of cTrader Weekly demo contest is over, and it means that it’s time to announce the new winners! Five skillful trades shared the weekly prize fund of $400, and here is the victorious list:

• 1st place with the award of $150 goes to Mr. Asim Maqsood from Pakistan.
• 2nd place with the award of $100 goes to Mr. Abdurrazak Said from Indonesia.
• 3rd place with the award of $75 goes to Mr. Nur Endah Solekah from Indonesia.
• 4th place with the award of $50 goes to Mr. Abdul Hameed from Pakistan.
• 5th place with the award of $25 goes to Mr. Naglaa Mansour from Egypt.

If you’ve never traded on cTrader platform, it’s high time to test its unique features such as:

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

Ready to test your trading skills and take one of the prize places? Then open a demo account to participate in the next cTrader Weekly demo contest round!

OctaFX cTrader Weekly demo contest: high time to win!

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[OctaFX]

US Memorial Day Trading Schedule

OctaFX would like to inform you of the changes in the trading hours of XAU/USD and XAG/USD on US Memorial Day May 30. Trading closes Monday, May 30, 2016 at 20:00 (EET, Server time) and reopens Tuesday, May 31, 2016 at 01:00 (EET, Server time).

Here is the timetable for your convenience:

Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day.

We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to support@octafx.com

Thank you for choosing OctaFX as your top-notch Forex Broker!

 

[OctaFX]

OctaFX introduced local bank deposits in Thailand!

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From now on, a local bank deposit option is available for our Thai clients! With the help of this option, you can easily deposit and withdraw your funds via the following banks in Thailand:

• Kasikorn Bank (KBank);
• Siam Commercial Bank (SCB);
• Bangkok Bank (BBL);
• Krung Thai Bank (KTB).
• Krungsri Bank
• TMB Bank
  

We are always happy to provide the best conditions for our clients, so we offer the most affordable exchange rates provided by the Bank of Thailand. We charge no commissions, and the minimum deposit amount is as low as 5 USD!

You can start depositing and withdrawing your funds via Thailand local banks right now!

Thank you for staying with OctaFX!

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[OctaFX]

Facebook Non Farm Prediction contest!

US Non-Farm payrolls for May are to be released Friday, June 3! It's high time to offer you Facebook Non Farm Prediction contest! Analysts predict NFP to reach 170k this time.
Here comes your chance to be the greatest predictor and win $50!

To take part in the contest:
1. Leave a comment with your prediction of May NFP figures on OctaFX FB page!
2. Write your real account number beside your prediction in advance
3. Share the task with your friends publicly for us to be able to indicate it
4. Comments are valid up to the indicator announcement at 14:30 EEST (Friday, June 3, 2016).

Please note that we discourage multiple accounts and multiple comments and you can enter only once.

Forex trading involves a high degree of risk and may not be suitable for all investors.

Be the closest and win $50 for your prediction!

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[OctaFX]

OctaFX on Google+

OctaFX Official - Google + page is a verified account with official links to our news, as well as market events tracked and sorted out by OctaFX. We invite our traders and newcomers to follow OctaFX Official and stay tuned for the most recent posts and publications.
It is high time to follow OctaFX Official on Google+. Support your reliable and proven forex broker!

We use various social media channels to provide out traders and followers with the latest updates. Google + is growing rapidly and we aim at catching up with the trends!

Follow us on Google + and support us in keeping up with tendency!

Risk notice: your capital is at risk

OctaFX - keep trading, we'll take care of the rest!

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[OctaFX]

Congratulations on Ramadan 2016 from OctaFX

Dear traders!

OctaFX wants to congratulate all Islamic traders with Ramadan – the holiest and long-awaited holiday in the Muslim calendar. Ramadan is a time for spiritual reflection and self-devotion. It is one of the most important days of the year for Muslims.

OctaFX wishes the spirit of Ramadan fills your days with happiness and love.

May Allah, the almighty, enlighten you and bless you with peace and grace. This divine holiday will bring happiness to your home and lead you to the right path. Be respectful and thankful for everything! And may this Ramadan remind you to forgive and forget.

May the Spirit of Ramadan stay in your heart and illuminate your life!

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[OctaFX]

Welcome the new look of our Indonesian website!

Mitra Kukar team are currently competing in Torabika Soccer Championship and stay undefeated after 5 games played!

What makes OctaFX loyal to our Indonesian clients is support of the Indonesian community on the whole, especially through backing up sport and its development! Mitra Kukar Football Club is an Indonesian football club based in Tenggarong, Kutai Kartanegara, East Kalimantan competing in the Indonesia Super League. We confide in Mitra Kukar football team and their desire to win.


Become a champion with OctaFX!

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[OctaFX]

The first prize in Round 51 of OctaFX Champion demo contest became an anniversary gift

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Another Round of OctaFX Champion demo contest is over and we are happy to announce the winners! Here they are:

• 1st place with the award of 500 USD goes to Mr. Alexander Lukyanchikov from Ukraine
• 2nd place with the award of 300 USD goes to Mr. Zainal Abidin from Indonesia
• 3rd place with the award of 100 USD goes to Ms. Zunairoh Zunairoh from Indonesia
• The last runner in the contest, Mr. Alfredo Martinez Martinez from Spain is granted 100 USD

What strategy to choose? Is it a bad idea to put all eggs in one basket? Should you choose a single currency pair or to trade with a few of them? Can an old dog learn new tricks? Is the risk inevitable in Forex? If you are ready to get the answers to these questions, read the success stories of our winners:

1st place - Mr. Alexander Lukyanchikov from Ukraine
Thank you for congratulations! I’m happy to share my contest experience. Have you seen my avatar? I’ve been using it for a few years. It shows the goal that I was pursuing: at the beginning, I was looking in the mirror; now I’m looking out of it. I achieved one of my life goals and I’m happy. On July, 2nd, I’ll turn 65. Thanks to OctaFX, I made myself an anniversary gift. Judge for yourself: my Ukrainian pension equals to $51 a month. It’s a bit more than $600 a year.

I’ve been trading for 8 years and now I’m sure that choosing one currency pair is much better than watching a few pairs’ trends. If you work with just one currency pair, all your funds are localized, it’s easier to manage and control them. However, it may conflict with the idea not to put all eggs in one basket. My strategy is not that good with the sideways trend, but it was perfect with the May AUDUSD trend. In the second part of the contest I started making mistakes, so I tried hedging, and when I realized what my mistake were and I got profits.

I don’t spend all my time using this strategy: when I can’t predict the further movement, I wait for a couple of days to see the trend clearer.

The key factor of my success can be perfectly described by a quote by Mark Douglas:

“When asked for their secrets of success, they categorically state that they didn't achieve any measure of consistency in accumulating wealth from trading until they learned self-discipline, emotional control, and the ability to change their minds to flow with the markets. First, I want to point out that self-discipline, emotional control, and learning to change one's mind after making a commitment are all psychological issues that have nothing to do with news services, advisory services, new exchanges, or technical or fundamental trading systems - computerized or not. Second, from my trading experiences, observations, and research, I have discovered that all traders - both winners and losers - seem to share some very common experiences. Either in the beginning or at some point early in their trading career, all traders experience confusion, frustration, anxiety, and the pain of failure. The few-traders who pass through this phase to accumulate wealth are those who eventually confront and work through some very difficult psychological issues about what it means to be a trader, and this process of realization and change normally takes several years, even for the best of them. … There is some element of truth to the saying that you can't teach an old dog new tricks, except that it should really read "An old dog won't learn new tricks". It's not that it is impossible for someone regardless of their age to learn something new; the issue isn't ability.”

2nd place - Mr. Zainal Abidin from Indonesia
I am very glad to get second place this time, all my efforts paid off! Time that I use to trade is around 3-4 hours per day. I try to be as disciplined as I can without to much greed. That's the key to my success. And the strategy that I use is SR and MM. I've been trading for about 2-3 years and I am determined to improve my ability to be better. Thank you, OctaFX, for already appreciating my trading skills!

3rd place - Ms. Zunairoh Zunairoh from Indonesia
I’m happy like never before! It’s great to become one of the winners. I didn’t spend too much time trading but, anyway, I was deeply involved. Now I’ll take a short break and won’t trade for some time not to dull the edge of the winner’s pleasure. Then, I will surely go on competing again. I firmly believe that it’s experience that teaches us to be better and to do better. Preferably, 3 years or more - that’s enough to become quite a pro in trading. Experience and patience are the key elements in successful trading. As far as my experience says, the existing Forex data doesn’t necessarily affect the chart, so my advice is not to believe the data blindly. This strategy has always helped me, especially when I got 100 pips in a single transaction.

The last runner in the contest - Mr. Alfredo Martinez Martinez from Spain
I plan to considerably improve my performance in the next round of the contest. I learn a lot when I trade, so this time I learned that it’s rather dangerous to trade with the high leverage, especially if it’s all about the highly volatile assets. Anyways, to win the contest, you have to accept this risk, and risk means losses but also higher gain. Very large gains are needed to qualify for any prize position in the contest.

I didn’t use stop loss this time in hope that the asset would spin in my favor, but the trend was the opposite. As the leverage was very high, it was really quick. This is a contest, so I didn’t lose any real money; I became the last runner which is not so bad considering the prize. So this contest, is anyway, worth accepting the risk. No risk - no gain.

During the contest, I was continuously monitoring the market with periodic checks (every 3-4 hours). At first I got very good yields, but at the end of the first week my balance turned negative. However, my most successful operation was Buy with EURCAD. My favorite tools were Crossing Moving Averages and Awesome Oscillator.

I guess time is different for each person and their circumstances, but I’ve been trading for two and a half years trying many things, and I think I'm close to being a good trader. Now what I need to do is to trade for some time on a demo account just for the sake of practice.

Feeling inspired? Register in the upcoming round and become one of OctaFX Champions!

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[OctaFX]

Saints Foundation score at Saint Mary's stadium with the help of OctaFX
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Football is a big part of our society and is world-recognised as a universal sport in many countries. It educates and inspires people of all ages, brings people and communities together.

OctaFX, in conjunction with the Saints Foundation, Southampton FC kindly donated pitch playing time for a lucky group from the Fustal programme. We are helping to enable young people to gain an education while playing the sport.

The Saints Foundation’s Futsal and Education Scholarship was created in 2011 and started with 16 scholars. The course now has 76 full-time scholars, including the club’s first ever girls’ team who are currently fourth in the league.

OctaFX has recently helped facilitate the opportunity for a group of young people to play within Saint Mary's stadium. An experience such as this has given these young people a much deserved reward and morale boost for all their hard work, during their past 2-years of study. On the day, a great game was played by both teams and the players enjoyed the event immensely.

This combination of studying and playing sport has proved incredibly successful, with former students now undertaking football scholarships in the US, university study in the UK, and work opportunities with the Saints Foundation itself.

Many students from the group that played have been accepted to universities. The group who play at Saint Mary's stadium on this day were also crowned FLT Fustal League 3 and League 4 National Champions as well as League 2 runners up.

As the scholars come to the end of the year they will be working hard to complete their studies before they go to compete in the FLT Futsal National Finals for the last time.

OctaFX is proud to be associated with the Saints Foundation as they are encouraging the youth of today to aspire through sports education, ensuring a brighter future.

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