OctaFX offers floating spreads that change consistent with the market situation. goal is to supply you transparent prices and therefore the tightest spreads octafx will without applying any additional commission.
OctaFX simply passes on the simplest bid/ask price octafx receive from octa liquidity pool and octafx spread accurately reflects what's available within the market. The main advantage of a floating cover a hard and fast spread is that it's often less than average, however you'll expect it to at market open, durin-g rollover at server time, during major high impect news releases or high volatility periods. octafx also provide excellent fixed spreads on USD-based pairs, which supply predictable costs and are ideal for long-term investment planning.
How do I sign up?
Submit the signup form to open your NEW account. Fill in all the required information and click "Open account", or just check in together with your Facebook or Google account.
Check your email from octa fx "Confirm your email address" and click the button "Confirm email" and you will be redirected to octafx site.
Fill in all the required information now click "Continue", then select the trading platform you like most : MT4, MT5 and cTrader. You can see Trading platform comparisen on octafx faq page
Select Make a deposit into account. During this step you get a new email titled Welcome to OctaFX! It contains your trading account credentials and OctaFX important PIN . Make sure you keep this email.
Your trading account has been opened successfully! Select one among the deposit options to form a deposit, or click Or verify my identity to verify your Personal Area.
Please note: confirm your credentials match your documents as you will be asked to verify your personal data during verification. Please also bear in mind that since you can only use your own bank account, credit/debit card or e-currency wallet, your personal info should match the account or cardholder name as well.
How does floating spread change throughout the day?
on octafx Floating spread varies throughout the day depending the trading session, liquidity and volatility. It tends to be less tight at market opening on Monday, when ALL high impact news is released, and at other times of high volatility.
How much margin is required to open your order?
you known depends on the currency pair, volume and account leverage. You can use octafx Trading Calculator to calculate your required margin. When you open a hedge (locked or opposite) position, no additional margin are going to be required, however if your free margin is negative you will not be able to open a hedge order simple.
octa fx have any commissions?
MT4 and MT5 commission is included in octa fx spreads as mark-up. No additional fee is applied on octa . octafx charge trading commission on cTrader.
What trading techniques and strategies can I use?
octafx clients are welcomed to use any trading strategies, including but not limited to scalping, hedging, news trading, martingale also as any Expert Advisers, with the sole exception being arbitrage.
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