OctaFX Review – Is OctaFX Scam or Legit?
OctaFX Review
OctaFX has been providing its services for more than 10 years globally to more than four million traders. It is one of the best brokerages online providing an efficient platform for financial assets such as stocks, indices, and commodities. Let’s have a detailed OctaFX brokerage review and see what this brokerage company has to offer to you.
OctaFX provides its customers with the trading platforms of MT4 and MT5 with enriched trading options. You can earn more profits by their referring programs and promotions policies also. Moreover, they provide detailed educational resources as many other brokerages also offer. The most unique feature of this brokerage is Copy trading.
Trading Platform
The trading platform of this brokerage is been created with the best trading practices. It comes with MT4 and MT5 trading platforms as well. MT4 is purely customizable having many interesting trading tools such as charting and market indicators. You can keep any trading tool in your dashboard as per the need of your trading. As said, “Time is money” their platform gives real-time executions so you can never be late in your trading. In addition, you get the latest market trends and daily market news right in front of your screen. You can take profits from scalping by having the robotic as well as their expert account managers support.
In the MT5 trading environment, you can start trading in forex markets and CFDs with exceptional functionalities. You can go for copy trading and advanced algorithmic-based automated tools trading also. Their platform is accessible from anywhere whether you are an android user, IOS user, or web user. They are available on every platform to make it convenient to trade from anywhere 24/7.
Education
They have a big pool of educational resources such as online webinars of experts where you can learn the best trading tips and analysis techniques. They have never compromised their forex-based articles, which are considered one of the best blogs in the market. If you do not have any habit of reading then you should go for their video courses, which cover their trading techniques to their platform. In the end, they have a big section of FAQs so if you have any issue or you want to learn something related to trading you can check their FAQs to get the most relevant answer.
This brokerage is not stopped here they always get feedback from their customers to make more improvements in their services especially in their educational resources and their trading platform.
Best analysis
OctaFX has specialized persons in their panels, which are always available for their customers to give them daily, and weekly market analysis. Their top analysts who are well experienced always doing their best to give you the technical analysis and fundamental analysis so you can make more profits at ease. In addition, market insights and economic calendars are on your screen to take the best decisions in trading.
Trading tools
OctaFX offers multiple trading tools to make you more convenient such as a trading calculator to calculate the pip prices and swaps for the particular position. Moreover, they have a profit calculator embedded in their platform from where you can calculate your profits by putting in some inputs only. Live quotes are also there so that you can keep your eye on each asset. There are also many tools this brokerage offers such as real-time monitoring and Auto chartist etc.
Conclusion
OctaFX is considered one of the best brokerages based on the services they give to their traders. They have robust customer care who are available to resolve your queries anytime. They have high-security parameters, which keep their customer’s information secure and provide multi-layers of protection to all their funds to avoid any hacking issues. Moreover, they also offer a 50% bonus on your deposits so you can trade on higher margins. The best part is that they have experts available for you so you can take help from them in trading with their expert advice.
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