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No Deposit Bonus Sponsor. The profit earned on bonus funds is available for withdrawal after meet the terms of the promotion. Get a risk-free trading opportunities with a reputed global Forex Broker regulated by Top regulatory bodies.
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What is Demo Contest? Demo competition require no invest or fees to join, so carries no risk for the contestant. Demo Contest View More. Live Contest View More. What is Live Contest? The traders with the best result awarded with the prizes under the terms of the competition. Tradable Bonus View More. Forex Gift View More.
Forex Bonuses: Short Glossary. Forex Gift — A Gift for the clients for completing certain requirements, everything from Bonus to Latest gadget Freebies — Free stuff by Forex brokers like ebook, courses, trading materials etc. The cTrader platform is ready to download from the website once you have completed the registration process. The cTrader web terminal is also available for MacOS users. Trading commissions are only charged in the cTrader account, at 0.
There are also rollover rates applied on positions held over 3 days. Details of these fees are listed in the product specifications. Leverage in the MT5 account is available up to on currencies. Metals can be leveraged up to , indices and energies up to , and cryptocurrencies up to All trading apps come with a customisable mobile interface with clean and accurate trading functions, as well as custom mobile price alerts.
The app allows you to manage and keep track of trading accounts whilst on the go. Users can also activate bonuses, access trader tools and deposit into their accounts. The app download process is quick and can be accessed from the Google Play store.
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OctaFX offers a few fast funding methods which vary depending on your origin country, including bank cards, Perfect Money and Bitcoin. Local bank transfers are also available for traders from certain countries, including Thailand, India and Nigeria. All deposits methods are generally processed instantly or within a few minutes.
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There are no commissions charged on deposits, withdrawals or currency exchange rates, except for 0. The withdrawal time for all methods is 1 to 3 hours to approve and up to 30 minutes to transfer the funds.
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There is no withdrawal limit on earnings. OctaFX traders can open a demo account which provides the same trading experience as a live account but without risking any real investment. You can sign up for a free demo account in just a few minutes. There are also contest opportunities, including the OctaFX 16 Cars contest where traders are entered into a car prize draw every 3 months, as well as the Champion Demo Contest for MT4 users.
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EU member state residents are therefore protected by strict regulatory standards, including segregated client accounts and protection by the Investor Compensation Fund. The non-EU entity also claims to provide segregated client accounts to protect trader funds, as well as negative balance protection which ensures that trader account balances never fall below zero.
Traders benefit from a range of additional education features and trading tools at OctaFX, including video tutorials and webinars, plus regular forex market insights and news. The brokerage also offers profit and margin calculators, as well as a forex signal service with the Autochartist plugin and live quotes. OctaFX also offers a copy trading service, which is available on the desktop terminal and through the Android mobile app.
The minimum trade volume across all accounts is 0. The main differences between the accounts is the assets available to trade, the spreads and the minimum deposit amounts.
The minimum deposit in the Pro account is USD. Commissions are also charged in the ECN account. In most cases, if your documents are submitted clearly, verification should only take up to 3 hours. There is also an Islamic swap-free account for those worried about whether trading is haram or halal. The support team are helpful if you need to know your withdrawal pin, any platform problems, VPS questions, or you want to delete an account.
OctaFX uses bit SSL encryption and PIN codes in the personal area and trading platforms, which is the industry-standard security requirement for protecting personal data. The broker also applies 3D secure Visa authorisation when processing credit and debit card transactions. OctaFX offers a promising trading service for novices and experienced traders, with a choice of MetaTrader or cTrader platforms as well as the Copytrading app.