Octa.Trade Review
Persistently high volatility in the crypto space has been a major tailwind for the rising interest in retail trading. As a result, brokerage houses are now competing to ensure stable and trusted conditions for their customers. This is an important development if digital assets eventually turn out to be the future.
Also, traders need diversification and some of the most popular assets should not be ignored. When trading with Octa.Trade, all of these seem to be possible, which is why a closer look at its benefits is now necessary.
An account with Octa.Trade grants access to a wide selection of CFD assets, including FX, stocks, indices, and commodities. On top of that, traders attracted to crypto are able to get involved in tokens with high prospects, using tight costs and margin trading. That is especially important, due to the attractiveness of this market in recent times, when compared to other, more traditional markets.
However, many experts recommend diversification as a risk-management strategy. That’s why Octa.Trade has put special attention into its asset list, ensuring that several venues are covered and that enough of a choice is granted to traders.
Account Types Selection
Enriching the trading experience is part of the Octa.Trade philosophy, which provides no less than 6 trading accounts to choose from. Regardless of choice, each customer is able to gain access to innovative features, including tighter spreads, 24/6 support, PRO webinars, price alerts, and daily analysis videos.
Octa.Trade runs a welcome bonus promotion, making new customers eligible to receive a bonus on their initial deposit ranging between 20% and 100%. At the same time, this is an affordable broker given there is no minimum deposit required when opening a Basic account. Traders can deposit based on their financial status and still be able to access the financial markets without any roadblocks.
The other 5 accounts are Bronze, Silver, Gold, Platinum, and Black, each with a certain initial deposit required and more features available. That is not all in that sense, though, since a demo account offered to beginner traders should also be noted. This way, anyone new to the market can take their time to learn its nooks and crannies, without risking funds. In today’s volatile condition, this feature is especially important.
Muslim traders may also be glad to find out that Octa.Trade enables a specific Islamic account. This feature is Sharia compliant to the highest degree, with an emphasis on immediate swap-fee status, as is customary.
High Security Granted?
Among the main benefits associated with Octa.Trade, professional expertise and technical resources should be mentioned. For this brand, reputation is very important, understanding that maintaining a good name as a broker requires constant effort and innovation. That’s why the brand takes extra care to secure funds in segregated accounts and to implement the latest technology in encrypting all data regarding them. Personal info is also stored under SSL (secure socket layer), as no trader wishes to be exposed to harmful outside sources.
Learn to trade with Octa.Trade
Online trading is a skill-based endeavor that can be developed over time. To do that, traders need access to valuable educational resources, something that is currently available at Octa.Trade. A special emphasis should be put on the webinars offered by the brand, as they are something that is becoming rare in the online trading scene. A glance at the sessions already held shows that a wide variety of topics is covered, and that these webinars can suit all types of traders.
A word should also be said about the eBooks session. While many traders tend to overlook these tools, they are vital for comprehending the different layers of the markets. Octa.Trade seems to have done a good job in taking care of that, as these eBooks are diverse, easy to understand, and most importantly very user friendly.
Final Thoughts
Cryptocurrencies like Bitcoin or Ethereum are now popular assets among both retail and institutional traders. As flows move into this market, brokers need to ensure their customers have access to competitive trading conditions at any point in time. Octa.Trade uses its expertise to do that and since it has customers from many different countries, the bottom line is that the brand manages to accomplish its goals. Moreover, traders are not limited to crypto trading and can choose from a rich selection of popular assets, including currency pairs, stocks, indices, and commodities. Trading with Octa.Trade is also affordable for the masses, mainly because there is no initial deposit required to get started.
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