The recipient of numerous industry awards for its stellar online trading services and platforms, OctaFX.com has been providing clients with a wide range of trading options with low initial deposits since it was launched in 2011. OctaFX is an umbrella brand used by two independent broker entities.
Octa Markets Cyprus Ltd is an investment firm registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) using the domain OctaFX.eu. This enables users to trade with a broker under European regulatory oversight with enhanced levels of safeguards.
The OctaFX.com website is registered under Octa Markets Incorporated established in St. Vincent and the Grenadines which permits its clients to take advantage of higher leverage and bonus promotions. Based in St. Vincent and the Grenadines, OctaFX.com currently accepts clients from 185 countries.
OctaFX.com stands out for its accessibility and excellent spreads. At just $50, the minimum deposit required to open an OctaFX.com account is among the lowest in the industry. With a low minimum requirement like this, you may be expecting less-than-ideal spreads, but that isn’t the case. OctaFX.com offers tight spreads on almost all of its currency trading pairs – even on exotic pairs. The three platform types offered by OctaFX.com – MetaTrader 4, MetaTrader 5, and cTrader – offer a range of features which we’ll cover below in more detail. All three account types are also available as Islamic accounts that are fully Shariah-compliant. There is also a demo account which gives traders the opportunity to test out the OctaFX.com platform before they commit to a trading account.