Octa Profile
General Information
Broker Name
Octa
Broker type
STP
ECN
Country
Comoros
International offices
Regulation
CySEC (Cyprus), FSCA (South Africa)
Address
Bonovo Road – Fomboni, Island of Moheli, Comoros Union.
Broker status
Broker
Accepting US clients?
No
Account Options
Account Currency
USD, EUR
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Moneybookers, Perfect Money, Neteller, Skrill, FasaPay, Local Deposits, Bitcoin
Swap free accounts
Yes
Segregated accounts
Yes
Interest on margin
No
Managed accounts
No
Accounts for money managers (MAM, PAMM)
No
Customer service
Phone
Fax
Email
Languages
English, Spanish, German, Portuguese, Mandarin, Chinese, Indonesian, Malay, Thai, Arabic, Vietnamese, Hindi
Availability
Chat, Email, Skype, Whatsapp
Trading
Trading Platforms
MetaTrader 4, MetaTrader 5, Octa Trader
Trading platform(s) timezone
(GMT +1:00 hour) Brussels, Copenhagen, Madrid, Paris
Demo Accounts
Yes
Mobile trading
Yes
Web based trading
Yes
API
No
OCO orders
No
Trading over the phone
No
Hedging allowed
Yes
Trailing stops
Yes
One click trading
Yes
Bonuses
Yes
Contests
Yes
Other trading instruments
Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals
Account
Minimum deposit ($)
20.0
Maximal leverage (1:?)
1000
Minimum lot size
0.01
Maximum lot size
1000.0
Commission
0.0
Spread
Fixed, Variable
Decimals
5 decimals
Scalping allowed
Yes
General information about Octa
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 42 million trading accounts.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has won more than 70 awards since its foundation, including the ‘Most Reliable Broker Asia 2023’ award from Holiston Media and the ‘Best Forex Broker 2023’ award from AllForexRating.com
Octa, a financial broker with globally recognised licenсes, have recently introduced some significant enhancements to their proprietary trading solution, OctaTrader. A comprehensive financial ecosystem designed for traders of various skill levels, OctaTrader consists of four fundamental elements: payments and transactions, the trading platform, an analytical hub called Space, and a special offers section. These core pillars of the solution's architecture are merged within a single application.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has won more than 70 awards since its foundation, including the ‘Most Reliable Broker Asia 2023’ award from Holiston Media and the ‘Best Forex Broker 2023’ award from AllForexRating.com
Octa, a financial broker with globally recognised licenсes, have recently introduced some significant enhancements to their proprietary trading solution, OctaTrader. A comprehensive financial ecosystem designed for traders of various skill levels, OctaTrader consists of four fundamental elements: payments and transactions, the trading platform, an analytical hub called Space, and a special offers section. These core pillars of the solution's architecture are merged within a single application.
