Deposit octafx
Ctrader acts as the ECN account type. So, the spread for EUR/USD 0.7-0.8 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.
Top-3 forex bonuses
Octafx: login, minimum deposit, withdrawal time?
RECOMMENDED FOREX BROKERS
Octatfx has a highly informative and accessible website that aims to promote their services in layman terms. And it achieves that, yet can it can it practice what it preaches?
The broker website is operated by the following companies:
Octa markets cyprus ltd is tightly regulated by the cyprus securities and exchange commission (cysec), carrying all necessary investigations in order to ensure fraud-free market operations. As regulated by cysec, OCTAFX is part of the ICF allowing for a compensation of up to €20 000 to be attributed to clients, if the broker fails or becomes insolvent.
Octa markets incorporated is regulated by the FSA SVG in st. Vincent and the grenadines. This body’s main duties are to ensure that financial institutions are well supervised and that all threats are acted upon with the appropriate force of action. Unlike cysec, this license issuer has no reimbursement scheme to speak of. Another significant drawback is that there is no regulation dedicated to foreign exchange (forex) trading and cryptocurrency, nor are there licenses issued for these two assets:
Spreads depend on the account the client has chosen. So for the MICRO account the EUR/USD spread is 1.1 pips, for the PRO it’s 0.8-1.1 pips, and for the ECN account it’s typically 0.7-0.8 pips. We would like to remind readers that in the UK and EU the current imposed maximum spread limit is 1:30. For those outside the jurisdiction of ESMA the spread reaches 1:500.
Currently, octatfx offers the following assets to trade with: forex pairs, cryptocurrencies, commodities, stocks. In the bustling, competitive world of forex today, this number of assets is considered low.
The broker is available in the following languages: english, spanish, arabic, indonesian, thai, vietnamese, chinese, german, malay, bengali, portuguese and hindi.
OCTAFX LOGIN
Octatfx offers three platform for trade: MT4, MT5 and ctrader. What’s interesting is that each platform acts also as a separate account.
METATRADER 4
Here we are again with this renowned platform, and for a reason! MT4 stands tall against other trading terminals. Consider using expert advisors to set your automated trading while you do other business, or take full advantage of what MT4 has to offer: multiple chart management, trading directly from the chart, customized trading indicators, huge selection of trading options and much more.
The MT4 acts as the MICRO account type. So, the spread for EUR/USD 1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches 1:500 for those outside these zones.
There are no commissions attached to this account.
MT4 is available on smartphones (iphone, android), on any browser and as a standalone desktop version.
METATRADER 5
MT5 strives to replace MT4 but fails to do so, not because it’s inferior but because most brokers nowadays use MT4 as the default terminal. Nevertheless, MT5 comes with new and handy features that traders will surely find useful. There are auto trading bots, plus VPS (same as MT4).
The MT5 acts as the PRO account type. So, the spread for EUR/USD 0.8-1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.
The are no commissions attached to this account.
MT5 is available on smartphones, on any browser and as a standalone desktop version.
The functional ctrader has been included by octafx. This platform handles with ease and possesses a much better visual style than both MT4/5. The interface is highly customizable, giving end users a much needed aesthetic touch of their own. One of the main features of ctrader is the ability for traders to access provider’s liquidity making room for better pricing and lower spreads. There is also automated trading, and great back testing facilities.
Ctrader acts as the ECN account type. So, the spread for EUR/USD 0.7-0.8 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.
Ctrader has a commission structure attached to it. For one standard lot a round turnof $6 will be feed. So this changes the EUR/USD spread from 0.7-0.8 pips to 1.3-1.4 pips.
Ctrader is available: for download as a standalone software for desktop, to mobile users, and can be accessed via a browser.
COPYTRADING
The broker offers for the opportunity to copy expert traders, automatically, without spending time on building a strategy or being constantly glued to a screen. This is a superb opportunity for those who do not have the time, or have little of it, to dedicate to online trading. To start, just browse through the many expert traders, set your preferences, invest and voila! Note that, even if the trader dealing for you gets a bonus if your investment turns to profit, this system does not guarantee 100% wins all of the time.
OCTAFX MINIMUM DEPOSIT
The minimum deposit is $50, immediately making room for smaller or casual traders. Typically, a higher minimum deposit limit has the ability to intimidate many novice traders.
The methods for depositing are: neteller, skrill and bitcoin. In this day and age of online currency and cfds trading these options are significantly low than bar. When considering the instruments in circulation by admiral markets and, especially, FX choice, the assortment that this here broker has seems laughable in comparison.
The base currencies are limited to only EUR and USD. The same comment as above can be applied here. A global broker should include more base currencies.
All methods of funding are instant. Here, however, octafx shines, as it falls in the niche of swift deposit methods, a niche that grows ever so tighter.
There are no fees attached. Fees commissioned by thirds parties will be covered by octafx.
OCTAFX WITHDRAWAL TIME AND FEES
Cysec regulation reassures that no harm will come to clients withdrawals.
The withdrawal methods are: neteller, skrill and bitcoin. Again, significantly fewer withdrawal methods that your standard broker.
Withdrawals are instant. This is a rare sight to see in an industry of long process times, and unexpected delays.
There are no fees attached to withdrawal. Fees commissioned by thirds parties will be covered by octafx. This makes us even more agitated at the fact that octafx has not included more payment options.
The minimum withdrawal amount is $5.
BONUSES AND PROMOTIONS
Bonuses are solely offered by octatfx’s offshore entity, due to cysec banning them in europe.
There is a 50% bonus with every deposit.
The most active and successful traders will have the opportunity to win smartphones/smartwatches, as well as a 3 luxury cars at the end of the year.
There is the opportunity to win $500 while trading with your DEMO account.
Trade suing a ctrader DEMO account, and finish with the highest profit at the end of the week to get $150.
BOTTOM LINE
First and foremost, octafx is regulated by one of the best institutes for the job in the world (cysec), as well as one of the shadier ones where many suspicious brokers get their licenses from- FSA SVG, making things rather ambiguous.
Second, there is a very limited number of payment methods, which in this day and age of online trading is unsatisfactory. However, there are no fees attached to said methods, and to top that the broker offers great and detailed trading platforms.
Deposit octafx
- Language support: bengali, chinese, english, hindi, indonesian, malay, portuguese, spanish, thai
- Create trading accounts, modify leverage, enable swap-free options, edit and restore passwords
- Make deposits and withdrawals using the most popular payment options
- View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit
- Start trading in a compatible trading platform app
- Top up your demo account
- View contest statistics and access your contest accounts
- Activate bonuses and view statistics on active and completed bonuses
get it on
Forex trading accessibility for everyone
Octafx - one of the best forex brokers on the market, for traders all round the world. Octafx offers access to CFD trading, commodity trading and indices trading with award-winning forex trading conditions. As well as access to the forex market, octafx offers a variety of promotions that can help you:
50% bonus on deposit
Negative balance protection
Why choose forex trading with octafx
Octafx forex broker ensures reliable forex trading conditions to provide traders of all skill levels with an opportunity to earn more. This is possible due to:
- No commissions on deposits and withdrawals
- No swaps
- No slippage
- No delays
How to make a deposit at octafx forex trading account
In order to start trading on real forex account and earn money you need to make a deposit. Before making a deposit you should know that octafx does not charge commission on deposits or withdrawals. Moreover, octafx covers fees applied by payment systems. We also do not limit the number of deposits per day. Deposits with local banks are processed within 1-3 hours, credit/debit card and e-wallet deposits are instant.
Minimum deposit for pro account on metatrader 5 is $500. Forex traders from indonesia, pakistan, malaysia, thailand, india, vietnam dan nigeria can deposit and withdraw using their local banks. Octafx supports a variety of local banks you can choose from.
As mentioned earlier, for those who can not use local banks we support different payment services and credit cards:
Credit or debit visa cards
How to make a bank deposit
1. Login into account. Find “deposit”
You can find “deposit” buttons in the top or sidebar menu as shown in the picture below.
2. Choose among available local banks.
Local banks availability depends on the region you have filled in during the registration process.
For example, indonesian traders can choose between mandiri, BCA, BNI and BRI. For instance, let’s choose BCA. You can select deposit amount from the offered options or put down the amount you wish.
3. Choose preferred bank deposit method
There are three ways you can make a wire transfer deposit which are ATM, online banking and cash deposit at a bank branch:
If you make a deposit online you need to open your online banking app/website, then make transfer with given credentials and make a screenshot of processed transaction.
Find your nearest ATM and deposit using bank details given on the deposit page.
You can also deposit by cash at your bank branch.
Make sure you use correct data in the process of deposit. Please, double check the deposit amount, as it must be the same you state in the deposit request. Here you can see credentials of the banks we cooperate with.
4. Notify after successful bank transfer
On the next step you need to fill in the deposit form: set the amount, choose bank and type of transfer, put in your bank account number and date of payment. We will process your transaction faster if you upload payment proof (screenshot from online banking or payment slip).
Once you confirm the request it will be pending till it is processed by the bank and our financial department in their working hours (monday-friday 06:00-15:00 EET).
E-wallets and credit card deposits
You can also deposit with a credit/debit card, bitcoin or e-wallets. Such deposits are credited instantly. The process is very simple:
1) you need to choose deposit method
We will choose skrill as an example of e-wallet deposit.
2) fill in the deposit amount
Type the amount you wish to deposit and click ‘continue’.
3) double check and confirm the deposit
Then double check the information and click ‘confirm’. After confirmation you will be redirected to the skrill page. Log into your skrill account and proceed deposit. Once request is processed, funds will be credited to your trading account.
4) log in to your payment system
5) make a transfer
Deposit with a card
Please, notice, that according to our AML policy you will need to verify your credit/debit card as we can not accept transactions from the third parties. To make a deposit you need to enter deposit amount, confirm it and fill your credit/debit card details in the form.
Deposit with bitcoin
You can also deposit with bitcoin. After choosing ‘bitcoin’ in the list of payment methods you will see current exchange rate and address of our wallet. Then you need to open your bitcoin wallet and process transaction.
The last step is to download a trading platform of your choice and you are ready to enter forex market! Please, follow this links to download a software:
We also recommend you to check our education section where we post trading forex strategies, forex tutorials and platform manuals.
50% bonus on each deposit
1. Open an account
2. Make a deposit in your account
3. Increase your deposit by half with our bonus
4. Withdraw bonus funds
| your deposit amount | $400 |
| 50% bonus we provide | $200 |
| divide your bonus by half | $200/2 |
| number of lots to trade | 100 lots |
Trade more and get more profit with our bonus
Without bonus
Get more profit using 50% bonus 50% bonus
Manage your bonuses wisely
Know when to apply the bonus: you can activate it for your deposit at any time.
Decide upon the bonus amount you want to apply.
If you cancel the bonus, mind that it will be deducted from your free margin at full.
When your bonus progress hits 100% you can use this money for other accounts and go on investing.
What you can do with a deposit bonus
Every day
- Apply for a 50% bonus.
- Set a maximum leverage.
- Open positions of up to 750 times greater than your initial investment.
On special occasions
- Make a deposit and track our offers.
- Seize the best trading conditions during our events.
- Multiply your profit potential 2,000 times.
Promotion rules
- And
- Deposit bonus can only be claimed by a verified customer.
- The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.
- Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.
- The bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc. Unless stated otherwise.
- Deposit bonus shall not be credited in case account free margin is less than your bonus amount.
- Ctrader deposit bonus can only be claimed by a verified customer.
- The client can claim a deposit bonus on each deposit he makes. The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.
- Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.
- "total bonus" denotes the total amount of bonus in a client’s account. Total bonus comprises all the bonuses claimed by the client for the trading account. Total bonus is affected when a part of the total bonus is withdrawn or cancelled or when additional bonuses are credited to the client’s account.
- "active bonus" denotes the amount of bonus which can be used to open positions by adding it to the account’s equity. The amount of active bonus cannot exceed 100% of the account’s unrealized profit & loss + balance, therefore this value will fluctuate according to live conditions.
- Ctrader deposit bonus can’t be used instead of, separately or before the account’s balance. If the account’s balance is zero, so will be the amount of active bonus.
- It is required to trade (bonus amount)/2 (bonus amount divided by two) standard lots to be able to withdraw a bonus.
- The deposit bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc., unless stated otherwise.
- The deposit bonus shall be added to the total bonus in your account and remain there until the volume requirements are met or the bonus is canceled. After the required volume is traded the bonus will be withdrawn from the total bonus in your account and an equal amount of money will be added to your account’s balance.
- The bonus for each deposit is considered a separate bonus and will have its own volume requirements.
- Volume calculation starts from the first bonus and continues consecutively. This means that you can't withdraw later bonuses before you trade the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is credited to the client’s account. The required volume for each deposit is calculated separately.
- The bonus can be withdrawn ONLY if by the moment of lots calculation, the bonus is still present in the account. If a client had traded the required volume, but the bonus has already been canceled, it would not be added or compensated.
- If the trader's own funds are withdrawn after the bonus has been credited, the bonus will be canceled.
- A client can cancel deposit bonus at any time. Once deposit bonus is cancelled, it cannot be reinstated.
- Octafx may reject client's bonus application(s) at any time without prior notification or providing reasons for such decision.
- Octafx may cancel a client's bonus at any time without prior notification.
- Any situation not described in these rules shall be subject to the company's decision.
- Octafx reserves the right to change, update or cancel this promotion with notification in the company news.
Bonuses explained in examples:
ex.1: you make a 1000 USD deposit and get a 500 USD bonus. Your account balance will be 1000 USD, equity 1000+500=1500 USD, total bonus 500 USD. To be able to withdraw this bonus you will need to trade 500/2=250 standard lots, without time limit. Later you make another 800 USD deposit to your account and get a 400 USD bonus. Your balance will be 1800 (1000 + 800) USD, equity will be 2700 (1000+500+800+400) USD, total bonus will be 900 (500+400) USD. To be able to withdraw the second bonus you will need to trade another 400/2 standard lots.In this example after you trade first 250 standard lots and complete the volume requirements for the first deposit bonus in your account, the bonus amount (500 USD) will be withdrawn from the total bonus, leaving its value at 400 (900 -500) USD. At the same time the equal amount of money (500 USD) will be added to your account’s balance.
Ex.2: you make 200 USD deposit and get 100 USD bonus. The balance in your account will be 200 USD, equity 300 USD, total bonus 100 USD, active bonus 100 USD. Then you close 1 unfortunate trade with a loss of 110 USD. Account balance will be 90 USD, total bonus will still be 100 USD, but active bonus will be also 90 USD now, therefore equity will be 180 USD.
Cara melakukan deposit ke akun trading forex octafx
Untuk memulai trading di akun real forex dan menghasilkan uang, anda harus melakukan deposit. Sebelum melakukan deposit, harap diketahui bahwa octafx tidak mengenakan komisi untuk deposit dan penarikan dana. Bahkan, octafx menanggung biaya yang dikenakan oleh sistem pembayaran. Kami juga tidak membatasi jumlah deposit tiap harinya. Deposit dengan menggunakan bank lokal akan diproses selama 1-3 jam kerja, deposit melalui kartu kredit/debit dan e-wallet prosesnya instan.
Minimal deposit untuk akun pro di metatrader 5 adalah $500. Para trader forex dari indonesia, pakistan, malaysia, thailand, india, vietnam dan nigeria dapat melakukan deposit dan penarikan dana menggunakan rekening bank lokal mereka. Octafx menyediakan berbagai bank lokal yang bisa anda pilih.
Seperti yang dijelaskan di awal, bagi mereka yang tidak bisa menggunakan bank lokal, kami menyediakan layanan pembayaran lainnya dan kartu kredit:
- Kartu kredit atau debit visa
- Bitcoin
- Skrill
- Neteller
- Fasapay
- Help2pay
Cara melakukan deposit melalui bank
1. Masuk ke personal area dan tekan deposit di menu bagian atas layar atau di menu bagian kanan.
Anda bisa menemukan menu “deposit” di menu sebelah kanan seperti yang ditampilkan di gambar
2. Pilih bank lokal yang tersedia.
Pilih metode pembayaran yang paling sesuai dengan anda. Bank lokal memungkinkan anda untuk melakukan deposit dalam jumlah besar.
3. Pilih aktifkan kurs tetap di atas metode pembayaran jika anda ingin melakukan deposit ke akun ini dan melakukan penarikan dari akun yang sama dengan nilai tukar 1 USD = 10.000 IDR
Ini merupakan opsi permanen dan hanya berfungsi untuk akun mikro metatrader 4 dalam USD begitu hal ini diterapkan. Tanpa opsi tersebut, kurs yang ditentukan oleh BCA-lah yang akan diberlakukan.
4. Untuk transfer bank, anda harus memilih salah satu opsi, yang akan anda gunakan untuk menambahkan dana ke dalam akun anda: melalui ATM, melalui online banking, atau melalui setoran tunai di cabang-cabang bank terdekat di kota anda.
Online banking: masuk ke online atau mobile banking anda, masukkan rincian bank kami, dan buat cuplikan layar (screenshot) atas transaksi yang berhasil dilakukan.
ATM: temukan ATM terdekat dari lokasi anda, pilih transfer bank, masukkan rincian bank kami dari halaman deposit, dan masukkan uang anda ke dalam mesin ATM.
Kantor cabang bank: pergi ke kantor cabang bank anda dan berikan rincian bank kami berikut dana investasi anda kepada pegawai bank (teller).
Sebagai contoh, anda memilih BCA dan ingin melakukan transfer melalui online banking.
.png "OctaFX: Login, minimum deposit, withdrawal time, deposit octafx.")
Pastikan anda menggunakan data yang benar dalam proses deposit. Harap periksa kembali jumlah dana yang anda transfer karena harus sama dengan yang anda cantumkan dalam permintaan deposit. Di sini anda bisa melihat rincian rekening bank lokal kami.
Mohon diperhatikan: jika anda memasukkan ’forex’, ’octafx’, ’fx’ dan lain sebagainya dalam kolom preferensi penerima, maka deposit anda akan ditolak.
Anda hanya dapat melakukan deposit dari akun bank dan kartu anda.
Mohon berikan notifikasi sesudah transfer hanya setelah anda mengirimkan dana.
5. Notifikasi sesudah transfer
Di langkah selanjutnya, anda harus mengisi formulir deposit: isi jumlah dananya, pilih nama bank dan jenis transfernya, masukkan nomor rekening bank anda dan tanggal pembayarannya.
Mohon dicatat: unggah bukti pembayaran untuk mempercepat proses deposit. Lalu, klik konfirmasi permintaan dan mulai trading.
Begitu anda mengkonfirmasi permintaan, maka statusnya akan menjadi pending hingga diproses oleh pihak bank dan departemen finansial kami sesuai dengan jam kerja mereka (senin-jumat pukul 06:00-15:00 EET).
Ketika transfer selesai, anda akan memperoleh push-notification di personal area dan pemberitahuan melalui e-mail.
Langkah terakhir adalah mendownload platform trading pilihan anda dan anda sudah siap untuk masuk ke market forex! Silakan ikuti link berikut untuk download software-nya:
Kami juga merekomendasikan anda untuk membaca menu edukasi kami yang menjelaskan tentang strategi trading forex, tutorial forex dan panduan platform.
Deposit octafx
Cara deposit octafx
Untuk memulai trading di akun real forex dan menghasilkan uang, anda harus melakukan deposit. Sebelum melakukan deposit, harap diketahui bahwa octafx tidak mengenakan komisi untuk deposit dan penarikan dana. Bahkan, octafx menanggung biaya yang dikenakan oleh sistem pembayaran. Kami juga tidak membatasi jumlah deposit tiap harinya. Deposit dengan menggunakan bank lokal akan diproses selama 1-3 jam kerja, deposit melalui kartu kredit/debit dan e-wallet prosesnya instan.
Minimal deposit untuk akun pro di metatrader 5 adalah $500. Para trader forex dari indonesia, pakistan, malaysia, thailand, india, vietnam dan nigeria dapat melakukan deposit dan penarikan dana menggunakan rekening bank lokal mereka. Octafx menyediakan berbagai bank lokal yang bisa anda pilih.
CARA MELAKUKAN DEPOSIT MELALUI BANK
1. Masuk ke personal area dan tekan deposit di menu bagian atas layar atau di menu bagian kanan.
Anda bisa menemukan menu “deposit” di menu sebelah kanan seperti yang ditampilkan di gambar
2. Pilih bank lokal yang tersedia.
Pilih metode pembayaran yang paling sesuai dengan anda. Bank lokal memungkinkan anda untuk melakukan deposit dalam jumlah besar.
3. Pilih aktifkan kurs tetap di atas metode pembayaran jika anda ingin melakukan deposit ke akun ini dan melakukan penarikan dari akun yang sama dengan nilai tukar 1 USD = 10.000 IDR
Ini merupakan opsi permanen dan hanya berfungsi untuk akun mikro metatrader 4 dalam USD begitu hal ini diterapkan. Tanpa opsi tersebut, kurs yang ditentukan oleh BCA-lah yang akan diberlakukan.
4. Untuk transfer bank, anda harus memilih salah satu opsi, yang akan anda gunakan untuk menambahkan dana ke dalam akun anda: melalui ATM, melalui online banking, atau melalui setoran tunai di cabang-cabang bank terdekat di kota anda.
Online banking: masuk ke online atau mobile banking anda, masukkan rincian bank kami, dan buat cuplikan layar (screenshot) atas transaksi yang berhasil dilakukan.
ATM: temukan ATM terdekat dari lokasi anda, pilih transfer bank, masukkan rincian bank kami dari halaman deposit, dan masukkan uang anda ke dalam mesin ATM.
Kantor cabang bank: pergi ke kantor cabang bank anda dan berikan rincian bank kami berikut dana investasi anda kepada pegawai bank (teller).
Sebagai contoh, anda memilih BCA dan ingin melakukan transfer melalui online banking.
Pastikan anda menggunakan data yang benar dalam proses deposit. Harap periksa kembali jumlah dana yang anda transfer karena harus sama dengan yang anda cantumkan dalam permintaan deposit. Di sini anda bisa melihat rincian rekening bank lokal kami.Mohon diperhatikan: jika anda memasukkan ’forex’, ’octafx’, ’fx’ dan lain sebagainya dalam kolom preferensi penerima, maka deposit anda akan ditolak.
Anda hanya dapat melakukan deposit dari akun bank dan kartu anda.
Mohon berikan notifikasi sesudah transfer hanya setelah anda mengirimkan dana.5. Notifikasi sesudah transfer
Di langkah selanjutnya, anda harus mengisi formulir deposit: isi jumlah dananya, pilih nama bank dan jenis transfernya, masukkan nomor rekening bank anda dan tanggal pembayarannya.
Mohon dicatat: unggah bukti pembayaran untuk mempercepat proses deposit. Lalu, klik konfirmasi permintaan dan mulai trading.Begitu anda mengkonfirmasi permintaan, maka statusnya akan menjadi pending hingga diproses oleh pihak bank dan departemen finansial kami sesuai dengan jam kerja mereka (senin-jumat pukul 06:00-15:00 EET).
Ketika transfer selesai, anda akan memperoleh push-notification di personal area dan pemberitahuan melalui e-mail.
Langkah terakhir adalah mendownload platform trading pilihan anda dan anda sudah siap untuk masuk ke market forex! Silakan ikuti link berikut untuk download software-nya:
metatrader 4
metatrader 5
ctraderKami juga merekomendasikan anda untuk membaca menu edukasi kami yang menjelaskan tentang strategi trading forex, tutorial forex dan panduan platform.
Octafx minimum deposit
Octafx minimum deposit
The octafx minimum deposit amount that octafx requires is US dollar 100.
The minimum deposit amount of US dollar 100 when registering a live account is equivalent to ZAR1,766.87 at the current exchange rate between US dollar and south african rand on the day and at the time that this article was written.
Octafx is based in SVG and cyprus and is authorized and regulated by demanding regulating entities namely cysec and FSA, and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.
In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.
In addition to ensuring client fund security through segregated accounts, regulated brokers such as octafx are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.
Deposit fees and deposit methods
Octafx does not charge any fees when deposits are made into the trader’s account.
Traders can make use of the following payment methods through which the minimum deposit amount can be paid:
- Credit/debit card
- Bank wire transfer
- Bitcoin
- Skrill, and
- Neteller
Octafx only supports two deposit currencies in which traders can fund their accounts including:
- USD, and
- EUR
Traders should take note that payments made in any other currency apart from the base currencies of the various accounts may be subjected to conversion rates charged by their payment provider. The base currencies are USD and EUR.
Step by step guide to deposit the minimum amount
Once the trader has completed the process of registering on the website, the trader can make the initial minimum deposit by following these steps:
- Log into the client portal and select ‘deposit’
- Select the deposit method along with the amount.
- After the trader has made their selection, they will be redirected to the payment processor page to confirm their deposit.
Traders should take note that with making deposits by using bank wire transfer, the transactions may take a certain amount of time depending on the method, time of the day, and day of the week.
Bank wire transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week.
Pros and cons
PROS CONS 1. Deposit fees and withdrawal fees are not charged 1. Only a few payment options provided 2. Quick and easy depositing of funds 2. Only two supported deposit currencies What is the minimum deposit for octafx?
How do I make a deposit and withdrawal with octafx?
You can make use of the following payment methods to deposit or withdraw funds:
- Credit/debit card
- Bank wire transfer
- Bitcoin
- Skrill, and
- Neteller
Octafx deposit bonus 50% 2020
Octafx deposit bonus review
Octafx is an ECN broker and offers forex & CFD trading. The broker offers bonuses frequently. The octafx broker providing a deposit bonus for a long time. Forex traders love to take this deposit offer on each deposit. 10% to 100% forex deposit bonus
Octafx deposit bonus details
Essentially the deposit bonus from octafx is simple. The broker made all details descriptions on their official page, it is including what is the deposit bonus, how the deposit bonus offer works, but here we breakdown all details terms.
The offer is depending on initially how much you deposit. The percentage of deposit bonus is 10%, 20%, or 50%. Also, octafx offering the maximum leverage that up to 1:1000 and octafx forex demo contest and forex live contest
Peoples are eligible to take leverage up to 1:1000 if they from malaysia, indonesia, bangladesh, and pakistan. The leverage depends on the country but the bonus is available for all countries. 10% to 100% forex deposit bonus
You can choose any types of accounts from micro MT4, PRO MT5, and ECN ctrader.
Check how octafx deposit bonus works
Joining or getting a bonus is very simple. Here is the guideline of what a trader needs to do:
- Register on the broker website with micro, PRO or ECN account
- Verify your account completely
- Make a minimum $50 deposit using any payment method you like
- Get your bonus thorough a simple application
- Get the bonus and start trading 10% to 100% forex deposit bonus
There is cancelation with the withdrawal. Like if you deposit $50 and get $25, then you withdraw $50 the offer will be canceled, so be aware. 10% to 100% forex deposit bonus
You can trade regularly after trade regularly you will be able to withdraw profit without disabling the bonus.
Octafx deposit bonus withdrawal
Often, we see some broker, and all fraud brokers make withdraw is a terrible model, but octafx deposit bonus withdrawal is simple.
After meeting the required trading condition that depends on the deposit volume, you will be able to withdraw your profit. 10% to 100% forex deposit bonus
Standard lot number bonus amount in USD / 2, you can withdraw profit as this term.
Terms and conditions
A client has to deposit at least $50.
The withdrawal condition is (bonus amount)/2 (bonus amount divided by two) standard lots.
After getting the offer amount is not available to any internal transfer. Also not allowed to deposit from any other promotion or contest. 10% to 100% forex deposit bonus
Octafx reserve to right cancel or change the bonus without any notice.
Octafx minimum deposit guide (2021)
Trading with octafx, your first port of call should certainly be our octafx broker review. Once you have taken a look at this, you should have a broad knowledge of the broker offering and features.
With that knowledge, you are likely ready to begin trading and find out more information on precise areas of the broker, the octafx minimum deposit for example.
Here we will outline exactly that and how it may change based on the octafx account type and funding method you choose.
This information will all help you make the best trading decisions possible on your future broker.
Table of contents
74-89% of retail CFD accounts lose money
Octafx account base currency
The account base currency is the currency that you can select to trade with. When it comes to octafx, this base currency can differ depending on the region you are trading from. Within europe, the only base currency made available is euro, while within other areas known as the global market, both euro and US dollar are catered for.
Octafx funding methods
The funding methods available through octafx will again depend on where you are based. As a very attractive positive point though, these methods do not feature any kind of octafx commission either on deposits or withdrawals. Let’s take a closer look at exactly what funding methods you will have to choose from as a trader.
Wire transfer
Octafx wire transfers are available to traders within europe only at this time. This is one of several common deposit methods that the broker offers.
When it comes to processing time, this type of octafx deposit typically takes between 3-7 working days to process. It could be faster but this is the guideline they provide to ensure your funds are available.
As mentioned above, there are no octafx commissions applied, although you should double-check with your own bank as they may have a policy to charge fees on wire transfers from their end.
The minimum octafx deposit for a wire transfer is 50 EUR/USD.
Credit card
Naturally, credit and debit card deposits are hugely popular among octafx traders and those of any top forex broker where they are facilitated. Both visa and mastercard are catered for and the deposits made through this method are typically available for you to trade with right away.
As is the case with every octafx deposit method, no commission is applied from the broker side here and again the minimum octafx deposit associated with this funding type is 50 EUR/USD.
Bitcoins
Bitcoin is growing in popularity as a funding method throughout the industry and is also offered by octafx. Octafx bitcoin deposits again attract no commission or fees from the broker at all, though there will likely be a small fee from the bitcoin network to mine your deposit on the way through. This amount should be negligible though.
The minimum deposit with octafx here is 0.00045 BTC.
Neteller and skrill
Both of these popular funding methods are available through octafx. These deposit options are only available for those trading within the global market regulation and again there are no commissions or fees to worry about from the octafx broker side.
The processing time is typically instant so your funds should be available right away, and the minimum deposit using this method is $50.
74-89% of retail CFD accounts lose money
Octafx minimum deposits
Having taken a look at the minimum deposit applied to each funding method, let’s now look at how this impacts the octafx account types you can choose from.
In fact, there is no minimum deposit in place on account types, as many other forex trading no minimum deposit brokers. It is therefore referred to the funding method you use to decide the minimum deposit you have to meet.
Micro MT4 account
The octafx micro MT4 account is ideal for newer traders as it allows trading in micro-lots at low-risk levels.
This account type is not currently available to those trading from within europe, just global market traders only, and since there is no octafx minimum deposit, the broker just recommends a deposit of $100 to best use their services.
As with the other account types available, it can be turned into an islamic account where needed.
MT5 account
The octafx MT5 account type is available worldwide and with again no minimum octafx deposit in place, only a recommendation is made by the broker. This is a 100 euro deposit if you are trading within europe, and a $500 deposit if you are trading in other market areas.
As mentioned above, an islamic account is also available for this account type on request.
Ctrader account
Again the octafx ctrader account for those who prefer the ctrader platform and the ECN execution it offers is available to all traders around the world.
A 100 euro recommended deposit is in place for traders based in europe, while a $100 recommendation applies to those trading under the world market regulations.
Related guides:
Deposit bonus
Octafx deposit bonuses are unfortunately unavailable to traders who are based in the EU and trading within this regulatory area. The reasoning behind this is likely to do with the stringent ESMA regulations in place and a desire from all the best forex brokers to remain completely transparent and compliant.
50% deposit bonus
In other market areas, an octafx deposit may be available. The conditions behind this octafx bonus are as follows:
The trader must make an octafx minimum deposit of at least 50EUR or 50USD. If they do this, they will be credited with a bonus equal to 50% of the deposited amount.
This bonus is subject to certain conditions and cannot be withdrawn right away. In order to satisfy these conditions, you will have to trade a certain number of lots. The more you deposit, the larger your bonus amount will be, although this will also correspond to an increased number of trades required to release the bonus.
No deposit bonus
On occasion, octafx may offer a no deposit bonus. This octafx no deposit bonus is typical $8 although it is only available periodically and not at the moment of writing. There is no pre-qualification or need to deposit in order to access this bonus amount.
74-89% of retail CFD accounts lose money
Octafx deposit bonus review
Platform
Expiration
Min. Volume
As with any other deposit bonus review, it’s important to know about the broker who is actually featuring the service. Therefore we encourage you to actually take a quick look at the octafx review here on forextradingbonus to get a good feeling of what kind of broker we’re dealing with.
If you don’t have time for the details, we generally like what octafx is doing with its service and would recommend it to traders of every caliber. However, we are here to review their deposit bonus, is it good? Is it workable? Let’s find out.
Octafx deposit bonus details
Essentially the deposit bonus is pretty simple to comprehend with octafx. They have a very detailed description of how it works, but let us break it down a bit further.
Depending on how much you deposit as your initial amount, you will be eligible for either a 10%, 30% or a 50% deposit bonus. Meaning you can trade with a lot more funds that you initially deposited. Also considering the broker’s maximum leverage of 1:1000 you’ll be trading with way more than you’ve deposited. Ok, let’s put this into perspective. Say you just deposited $1000 and this makes you eligible for a 50% bonus, so you accept. Now you have $1,500 on your account, but with additional leverage, you can trade a maximum amount of $1.5 million for a single trade.
However, make sure you understand the risks, because not only does this mean large profits, it could also mean horrible losses. There is also one inhibition that you may find with the broker. People eligible for the 1:1000 leverage need to be from the countries of bangladesh, indonesia, malaysia or pakistan. Not only that but, the 1:1000 leverage is also limited to the MT4 accounts. Although this may sound like an issue, it’s no surprise as the broker focuses on those countries mainly, but nevertheless, no matter where you’re from, you’ll still be able to access the 50% deposit bonus.
Octafx deposit bonus and how it works
There is a clear guideline of what a trader needs to do to receive the bonus, let’s bring it up.
- Register on the broker’s micro or pro accounts
- Deposit a minimum of $50
- Get your bonus with a simple application
- Start trading
It is as simple as it sounds, there are no tricks like mandatory emails to the broker and etc. However, for security reasons the broker has full right to cancel your bonus if he finds your account activity suspicious. All of this info is included in the terms & conditions so don’t get surprised if this happens to you. Should it happen, you’re always free to contact one of the best customer service systems of the industry at octafx, and they’ll get back to you as soon as possible.
Also, it’s important to note that the bonus is not permanent. For example, if you deposit $100 and get $50 a bonus, your withdrawal of that $100 will cancel the bonus, so be aware of that as well. However, if you trade regularly, you’ll be able to withdraw your profits from the get-go, without disabling the bonus.
Withdrawing you octafx deposit bonus
Many would think that withdrawing your bonus is a terrible business model, but octafx disagrees with this statement. This broker actually allows you to withdraw the bonus funds once you’ve met the required trading amounts, which will vary depending on the volume that you deposit and receive. However, keep in mind that it is for trading and trading only. It isn’t advised to take the bonus out as it will inhibit your ability to trade at high volumes and make better profits.
Is octafx deposit bonus good?
Considering all of the features it all boils down to the deal being better than most brokers. Obviously, it isn’t the best deal you can find out there, but considering the quality of the broker and its services, it is still a really good idea.
Overall, octafx was able to make a solid feature with its bonus by adding the ability to actually withdraw it after a specific traded amount and most importantly, they’ve made it easily accessible. You may not agree with some of the features, like filtering the customer base for the leverage, but it is still one of the best deals you can get in the industry right now.
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Contents of the article
- Top-3 forex bonuses
- Octafx: login, minimum deposit, withdrawal time?
- RECOMMENDED FOREX BROKERS
- OCTAFX LOGIN
- OCTAFX MINIMUM DEPOSIT
- OCTAFX WITHDRAWAL TIME AND FEES
- BONUSES AND PROMOTIONS
- BOTTOM LINE
- Deposit octafx
- Forex trading accessibility for everyone
- Why choose forex trading with octafx
- How to make a deposit at octafx forex trading...
- How to make a bank deposit
- 1. Login into account. Find “deposit”
- 2. Choose among available local banks.
- 3. Choose preferred bank deposit method
- 4. Notify after successful bank transfer
- E-wallets and credit card deposits
- 1) you need to choose deposit method
- 2) fill in the deposit amount
- 3) double check and confirm the deposit
- 4) log in to your payment system
- 5) make a transfer
- Deposit with a card
- Deposit with bitcoin
- 50% bonus on each deposit
- 1. Open an account
- 2. Make a deposit in your account
- 3. Increase your deposit by half with our bonus
- 4. Withdraw bonus funds
- Trade more and get more profit with our bonus
- Without bonus
- Get more profit using 50% bonus 50% bonus
- Manage your bonuses wisely
- What you can do with a deposit bonus
- Promotion rules
- Cara melakukan deposit ke akun trading forex...
- Cara melakukan deposit melalui bank
- Deposit octafx
- Cara deposit octafx
- Octafx minimum deposit
- Octafx minimum deposit
- Deposit fees and deposit methods
- Step by step guide to deposit the minimum amount
- Pros and cons
- Octafx deposit bonus 50% 2020
- Octafx deposit bonus review
- Octafx deposit bonus details
- Check how octafx deposit bonus works
- Octafx deposit bonus withdrawal
- Terms and conditions
- Octafx minimum deposit guide (2021)
- Octafx account base currency
- Octafx funding methods
- Octafx minimum deposits
- Deposit bonus
- Octafx deposit bonus review
- Octafx deposit bonus details
- Octafx deposit bonus and how it works
- Withdrawing you octafx deposit bonus
- Is octafx deposit bonus good?
