Octafx copy trading

Octafx metatrader 5 there is also an islamic swap-free account for those worried about whether trading is haram or halal.

No deposit forex bonuses

OctaFX Review and Tutorial 2021, octafx copy trading.

Note clients from the united states are not accepted at octafx or octa markets cyprus ltd.

Octafx review and tutorial 2021

Octafx offers multi-asset trading on a range of platforms and mobile solutions.

Octafx offers leveraged trading on currencies.

Trade popular digital currencies at octafx.

Octafx is a forex, CFD and copy trading broker offering the MT4, MT5 and ctrader platforms. In this broker review, we’ll login to the personal area and uncover the key features, including leverage, demo accounts, regulation and more. Read on to find out if octafx is a good forex broker or not.

Octafx details

Octafx was established in 2011. The company’s headquarters are located in saint vincent and the grenadines, with an additional support office in jakarta, indonesia. The broker’s EU entity, octa markets cyprus ltd, is located in limassol, cyprus, and is regulated by the cysec.

With over 1.5 million trading accounts and a long list of forex industry awards, the founder and owner has ensured the company has amassed a global reach.

Trading platforms

Metatrader 4

The MT4 platform is a trusted software used by both individual traders and institutions, due to its ease of use and flexibility.

The platform allows you to develop your own expert advisors and technical indicators to suit your trading style. In addition to the 30 in-built technical indicators, advanced charting tools allow you to analyse price fluctuations and trends in the market, using 3 customisable chart and graph types.

Note that MT4 is currently only available for non-EU clients.

Octafx metatrader 4

Metatrader 5

MT5 is the next-generation platform that offers all the benefits of its predecessor but with additional speed, accuracy and more advanced features.

Users enjoy 8 types of pending orders, 44 analytical objects including gann and fibonacci retracement, plus additional technical indicators which are unique to MT5, such as trend oscillators and bill williams’ tools. There’s also an economic calendar as well as two major accounting modes for greater flexibility: hedging and netting.

Both platforms come in several languages, including english, arabic and hindi, and are compatible with windows pcs. Octafx provides a useful download guide on the website.

Octafx metatrader 5

Metatrader webtrader

For those using mac pcs, octafx also offers the web terminal version of MT4 and MT5, meaning traders can access the markets straight from an internet browser.

The web platforms are highly functional and customisable, boasting the same features found in the desktop versions, including charting tools, market indicators, scripts and expert advisors, plus access to diverse order types and execution modes.

Ctrader

The ctrader platform is a robust system designed for forex and CFD trading. The platform includes over 26 in-built chart views and up to 50 chart templates on a fully customisable interface. The platform boasts an impressive suite of 70 technical indicators and 28 chart timeframes, plus advanced level scalping and visual back-testing using cbot. With full market depth, traders can also execute advanced online trading strategies as well as programmable algorithms.

The ctrader platform is ready to download from the website once you have completed the registration process. The ctrader web terminal is also available for macos users.

Octafx ctrader

Markets

Octafx offers some of the most popular products, including:

Forex – 28 currency pairs including EUR/USD and USD/JPY

Indices – 10 CFD indices available such as US30 and NASDAQ

Commodities – including spot gold and silver contracts, plus brent and crude oil

Cryptocurrencies – 3 major digital currencies available; bitcoin, ethereum and litecoin

Trading fees

Typical variable spreads for EUR/USD are around 0.7 pips in both the metatrader and ctrader platforms. Gold spreads (XAUUSD) start from around 2 pips and major indices such as NAS100 are around 3.5 points. Bitcoin spreads (BTCUSD) are around 3.1 pips. Fixed spreads are also available for MT4 USD accounts.

Trading commissions are only charged in the ctrader account, at 0.03 USD per 0.01 lots. There are also rollover rates applied on positions held over 3 days. Details of these fees are listed in the product specifications.

Leverage

Octafx offers generous leverage limits up to 1:500 for currencies in the MT4 and ctrader accounts. Leverage in the MT5 account is available up to 1:200 on currencies. Metals can be leveraged up to 1:200, indices and energies up to 1:50, and cryptocurrencies up to 1:2.

Note that EU clients can only trade with leverage up to 1:30.

Mobile apps

Octafx delivers mobile app versions of the MT4, MT5 and ctrader platforms, available for iphone and android devices. The apps offer many of the essential features found in the desktop applications, including a complete set of orders in metatrader and full balance, margin and P&L information in ctrader. All trading apps come with a customisable mobile interface with clean and accurate trading functions, as well as custom mobile price alerts.

Octafx MT4 mobile app

Octafx (non-EU) also offers a downloadable proprietary copy trading mobile app, currently available only on android (APK) devices. The app allows you to manage and keep track of trading accounts whilst on the go. Users can also activate bonuses, access trader tools and deposit into their accounts. The app download process is quick and can be accessed from the google play store.

Octafx mobile app

Payment methods

Octafx offers a few fast funding methods which vary depending on your origin country, including bank cards, perfect money and bitcoin. Local bank transfers are also available for traders from certain countries, including thailand, india and nigeria.

The minimum withdrawal and deposit amounts are 5 USD for perfect money, 0.00096000 for bitcoin and 50 EUR for cards. All deposits methods are generally processed instantly or within a few minutes.

There are no commissions charged on deposits, withdrawals or currency exchange rates, except for 0.5% on perfect money deposits. The withdrawal time for all methods is 1 to 3 hours to approve and up to 30 minutes to transfer the funds. There is no withdrawal limit on earnings.

Demo account review

Octafx traders can open a demo account which provides the same trading experience as a live account but without risking any real investment. Each demo account is loaded with unlimited demo dollars and opportunities to participate in the broker’s demo contest to be one of the next champions. You can sign up for a free demo account in just a few minutes.

Octafx (non-EU) offers several deposit bonus deals, including a 50% bonus and a 100% bonus during special offer periods. In addition, there’s the trade & win promotion where traders can win gifts such as octafx t-shirts or gadgets. There are also contest opportunities, including the octafx 16 cars contest where traders are entered into a car prize draw every 3 months, as well as the champion demo contest 2020 for MT4 users.

Make sure to check all bonus terms and conditions before participating.

Regulation review

Octa markets cyprus ltd is authorised and regulated by the cyprus securities and exchange commission (cysec), under license number 372/18. EU member state residents are therefore protected by strict regulatory standards, including segregated client accounts and protection by the investor compensation fund.

The non-EU entity also claims to provide segregated client accounts to protect trader funds, as well as negative balance protection which ensures that trader account balances never fall below zero.

Additional features

Traders benefit from a range of additional education features and trading tools at octafx, including video tutorials and webinars, plus regular forex market insights and news. The brokerage also offers profit and margin calculators, as well as a forex signal service with the autochartist plugin and live quotes.

Octafx also offers a copy trading service, which is available on the desktop terminal and through the android mobile app. The copy trading services allows clients to automatically copy leading traders based on the equity and leverage of both the master trader and the copier’s accounts.

Octafx economic calendar

Account types

There are 3 account types available at octafx, which are determined by the trading platform you are using: micro (MT4), pro (MT5) and ECN (ctrader). Accounts are available in USD or EUR. The minimum trade volume across all accounts is 0.01 lots and there is no maximum.

The main differences between the accounts is the assets available to trade, the spreads and the minimum deposit amounts. The micro and ECN minimum deposit is 100 USD. The minimum deposit in the pro account is 500 USD. Commissions are also charged in the ECN account.

Account opening is easy and requires the submission of ID documents in line with KYC requirements. In most cases, if your documents are submitted clearly, verification should only take up to 3 hours.

There is also an islamic swap-free account for those worried about whether trading is haram or halal. Note clients from the united states are not accepted at octafx or octa markets cyprus ltd.

Benefits

Traders enjoy several benefits when trading with octafx vs the likes of FBS, IQ option and exness:

Metatrader and ctrader platforms

Bonuses and contests (non-EU)

Commission-free trading

EU regulation

Drawbacks

Compared to other brokers such as hotforex, XTB and olymptrade, octafx does fall short in some areas:

Not FCA regulated

Limited funding methods

Zero pip spreads unavailable

No copy trading on ios devices

Trading hours

Trading times in the MT4 and MT5 platforms are 24/5, from 00:00 on monday to 23:59 on friday server time (EET/EST). The ctrader server time zone is UTC +0, though you can set other time zones, such as GMT, for charts and trading information.

Customer support

For telephone support, non-EU clients can contact the helpline, +44 20 3322 1059, between 00:00 and 24:00, monday to friday (EET). For EU clients, the number to call is +357 25 251 973 between 09:00 and 18:00, monday to friday (EET).

There is also an email form, however, the fastest way to get in touch is via the 24/7 live chat service, which you can access by clicking on the chat logo at the bottom of the website. The support team are helpful if you need to know your withdrawal pin, any platform problems, VPS questions, or you want to delete an account.

In addition, you can find updates on the broker’s social media pages, as well as the octafx youtube channel.

The broker’s head office addresses are:

Octafx, suite 305, griffith corporate centre, beachmont, kingstown, st vincent and the grenadines

Octa markets cyprus ltd, 1 agias zonis and thessalonikis corner, nicolau pentadromos center, block: B’, office: 201, 3026, limassol, cyprus

The broker’s website is available in a number of languages for clients from indonesia, malaysia, pakistan and india.

Security

Octafx uses 128-bit SSL encryption and PIN codes in the personal area and trading platforms, which is the industry-standard security requirement for protecting personal data. The broker also applies 3D secure visa authorisation when processing credit and debit card transactions.

Octafx verdict

Octafx offers a promising trading service for novices and experienced traders, with a choice of metatrader or ctrader platforms as well as the copytrading app. The broker offers fee-free deposits and withdrawals, plus islamic accounts and a demo solution. The ECN spreads are also decent, though not as competitive as the zero spread accounts offered at other brokers like XM, for example.

Accepted countries

Octafx accepts traders from australia, thailand, canada, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use octafx from united states.

Is octafx a legit company and regulated broker?

Octafx is a legit company registered in saint vincent and the grenadines. The EU entity is registered in limassol, cyprus and regulated by cysec. If you’re unsure whether a broker is a scam or legit company, you can always check out customer reviews online.

Is octafx a market maker?

No, octafx is a no dealing desk (NDD) broker and therefore acts as an intermediary between the trader and the real market. Octafx receives commissions from its liquidity providers for each transaction.

How do I delete my octafx account?

To delete your account, you will need to get in touch with the customer support team. Note accounts are automatically deactivated if you never deposit or sign in to them.

How do I open a copytrading account at octafx?

You can sign up and login to the copytrading account in a few easy steps. Once you login to your personal area, you can set up your copytrading profile and make a deposit to your wallet. You can also sign in to your new account using the android app.

Why was my octafx withdrawal rejected?

If you encounter a withdrawal problem, you will receive a notification in your email explaining the issue. Alternatively, if you need to cancel a withdrawal, you can do this within your personal area.

Does octafx offer any free bonus deals?

At the time of writing, octafx is not offering any free bonus deals, no deposit bonus deals or promo codes. There are other promotions available for non-EU clients. Make sure to check the bonus conditions before participating.

Is octafx legal in india and pakistan?

Yes, you can legally open an octafx account from 100 countries, including india, pakistan, singapore, ghana and the UAE.

The ‘best copy trading platform’ title goes to octafx

Octafx is an online broker providing forex trading services since 2011. They’ve also recently claimed the title as the best forex broker in asia, too, from fx daily info.

With octafx’s app, beginners are able to utilise the copy trading platform directly within the app. You can view the world’s top traders by sorting through multiple options to help you choose the master trader that fits your style. Often, the master traders reveal their trading strategy, enabling you to select the risk level you’re willing to take on.

According to octafx, interest in copy trading grew during COVID-19 pandemic. Interest in the octafx platform is steadily growing as the number of new clients tripled in october compared to march 2020 while the monthly trading volume increased by 2.5 times.

Octafx charges no fees for their copy trading service, but the octafx master traders do set commissions, which you can sift through, and decide which one is right for you. With more and more people opting for octafx, the potential of their platform seems limitless. Especially when you consider their efforts to continuously improve all aspects of their service.

Whether you’re a newcomer seeking to earn additional income or learn the ins and outs of trading or even a trading professional, octafx provides you with the tools to prosper. With small deposit minimums, it’s easy for anyone to get started.

Octafx is a forex broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience to more than two million trading accounts. Octafx has won more than 30 awards since its foundation, including the best ECN broker 2020 award from world finance. The company is well-known for its social and charity activity. It also regularly conducts global and local promotion campaigns with valuable money and product prizes.

Octafx bags the best copy trading platform in asia title

ANI | updated: dec 11, 2020 12:38 IST

New delhi [india], december 11 (ANI/newsvoir): the copy trading platform of octafx, an online broker providing forex trading services since 2011 has been accoladed with the title of the best forex broker in asia.
Octafx's heralded program lauded by its fans for its incredible risk management tools including labelling high-risk strategies as well as their sorting functionality has alongside received recognition by the fxscouts.
"the interest in copy trading has grown during the COVID-19 pandemic. Interest in the octafx platform is steadily growing as the number of new clients tripled in october compared to march 2020 while the monthly trading volume increased by 2.5 times. We don't charge any fees for our copy trading service but the octafx master traders do set commissions, which you can sift through, and decide which one is right for you," said octafx spokesperson, commenting on the achievement.

With octafx's app, beginners are now able to utilise the copy trading platform directly within the app. Anyone can view the world's top traders by sorting through multiple options to help choose the master trader that fits one's style. The master traders often reveal their trading strategy that enables people to select the risk level they're willing to take on.
Today, with more and more people opting for octafx, the platform's potential seems limitless, especially when people consider their desire to continuously improve and enhance all aspects of their services.
Whether a newcomer seeking to earn passive income or learn the ins and outs of trading or even a trading professional, octafx provides them with the tools to prosper. With small deposit minimums, it's easy for anyone to get started with octafx.
Octafx is an online broker providing forex trading services since 2011. They've also recently won the title of the best forex broker in asia from fx daily info. It aims to lead and build an economical trading experience, whereby forex traders, both new or experienced, can make the maximum profit by investing equally.
This story is provided by newsvoir. ANI will not be responsible in any way for the content of this article. (ANI/newsvoir)

Octafx copy trading review – is octafx copy trading scam or legit

Octafx copy trading review

Welcome to xycinews media, this article about octafx copy trading review was written to help users understand how it works and everything involved.

How octafx copy trading works

Create an account and make A deposit

Sign up in one easy step and make a deposit to your wallet via any payment method you like. If you already have funds in your trading account at octafx, you can add money to your wallet from it using internal transfer. Your wallet balance shows your uninvested funds.

Follow the best traders

Find masters you want to follow and click ‘copy’. Their positions will be copied automatically. The deposit percentage setting will help you manage your portfolio. Try copying different strategies to decide which of them work best for you!

Monitor and profit !

With an unlimited number of masters to copy you can create a balanced and diversified trading portfolio and receive a stable income. You also have full control over the process and can modify/stop copying trades at any given time. You can view detailed trading statistics for copied master traders in your copier area.

Octafx copy trading charges

Octafx doesn’t charge any additional commissions—the only commision you pay is master’s commission, which is specified individually and is charged in $ per lot of traded volume.

Deposit percentage is an option that you set prior to copying that helps you to control your risks. It can equal any percentage from 1% to 100%.

You set this parameter and new trades won’t be copied if the current equity goes down by a set amount (20%) from your balance according to the following formula:

Octafx copy trading in relation to leverage & volume

The volume of the copied trade depends on both master and copier accounts’ leverage and equity, and is calculated as: volume (copied trade) = equity (copier)/equity (master) × leverage (copier)/leverage (master) × volume(master).

Example: master account equity is $500 and leverage is 1:200, copier account equity is $200 and leverage is 1:100. 1 lot trade is opened on the master account. The volume of the copied trade will be: 200/500 × 100/200 × 1 = 0.2 lot.

Choosing master traders to copy on octafx

Master stats include gain and number of copiers, commission, trading pairs the master uses, profit factor and order directions as well as many other factors that you can review before making your decision to copy someone. Before copying starts, you set a deposit percentage and choose the amount of funds to invest in a specific master.

Benefits of octafx copy trading with app

Focus on investing with a convenient octafx copytrading app

Control your portfolio and investments on the go

Track master traders and their performance live for smart investing

View how your funds are invested and manage risks in real time

Is octafx copy trading legit

Learn from the best.

Diversify your portfolio.

Enjoy fast order execution.

You can stop copying, unsubscribe, or close a trade anytime.

No additional verification required.

Many popular payment methods to choose from.

Is octafx copy trading scam

Primarily, xycinews media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or investing only what you can afford to lose.

Do you think octafx copy trading is scam?

How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of octafx copy trading on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

Disclaimer

This octafx copy trading review article isn’t aimed at defaming octafx copy trading nor is it targeted to promoting them.

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this octafx copy trading review.

Team xycinews is no third party and we can’t handle any queries whatsoever.

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Naabiae nenu-B is a medical health student and an SEO specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "africa's best leak and review blogger" and that's the unwavering stand of xycinews media.

Review

Holder finance review – when defi meets HODL

Holder finance (HFI) seeks to transform the way you think about defi investments by introducing the first HODL-centric project built atop the ethereum blockchain. You don’t necessarily think of hodling when you think of defi.

The developers behind HFI want to change that. The platform utilizes a combination of proprietary technologies and new business strategies to create an ERC-20 token designed to retain value like no other — HFI.

Holder finance review

Hfi builds its own DEX forked from uniswap, called holderswap, with 4 exclusive new features. These features are developed to make our decentralized exchange safe and transparent as all dexes. Their DEX is more innovative as they develop some features of cexes like limit orders but 100% managed in a decentralized manner through smart contracts.

HFI private sale is now live

The HFI private sale is open to early-bird investors. Keenly, this event will include four rounds. Each round will see the price of HFI tokens rise slightly. The hfi token price for this stage of the event is 4,000 USDC. Notably, the private sale officially began this week after the launch of holderswap v1. Join holder finance telegram group for more details.

A unique multi token strategy

To create the world’s first defi store-of-value token, holder finance needed to do its homework. This research played a critical role in the development of HFI. The HFI token functions like digital gold within the HFI ecosystem.

This unique financial instrument relies on both fundamental economic theories and advanced blockchain technologies to accomplish its goal.

For example, there are only 1000 HFI tokens ever to be issued. In this way, the token has the highest level of scarcity in the market. In comparison, there will be 21 million BTC issued in total.

Is holder finance safe and credible

The HFI network is flexible and relies on multiple tokens to fulfill different roles. The HFS utility token also plays a critical role in providing functionalities. Users can open pools, pay fees, and trade HFS on the holder finance DEX. All HFI holders receive rewards in HFS tokens. These tokens can then be converted over to any token on the DEX.

HFI blockchain ecosystem

HFI utilizes a variety of systems to provide users access to a complete decentralized ecosystem. For example, the network features a full DEX (decentralized exchange). Many people prefer dexs over centralized exchanges like binance because they are non-custodial, meaning they don’t hold your assets. Instead, they facilitate a peer-to-peer transaction. In this way, they are less likely to be the target of hackers.

The holder finance DEX will introduce four new exclusive features in the coming weeks. The holderswap v1 update brings with it a decentralized OTC desk. The next upgrade, holderswap v2, integrates a holderlimit protocol. These updates are followed by a dynamic trading fee adjustment mechanism and the start of liquidity pools.

HFI genesis mining

Another exciting feature to look out for is the start of genesis mining on the network. Officially, this option is slated for release in Q1 2021 and ends in Q3 2021. Importantly, this protocol will mint 380 of the 1000 total hfi. This issuance breaks down to 38% of the total supply.

Early participants in the genesis mining campaign receive a special bonus payment for their contributions. These rewards, plus your mining rewards, can be claimed anytime. Notably, hfi tokens are mintable through a staking process as well.

The HFI genesis mining campaign will include three distinct stages. The first stage is the bronze mining campaign. According to company documentation, this event will last 60 days total. Then, in Q2, the silver mining campaign begins, followed by the gold mining campaign starting in Q3 2021.

HFI — when defi meets HODL

A quick glimpse at the tokenomics and overall scarcity of this token, and it’s easy to imagine HFI tokens meeting their expectations and beyond. HFI introduces an excellent selection of functions that could make it a strong competitor to top dexs such as uniswap.

Review

Inergie.Io review – is inergie.Io scam or legit

Inergie.Io review

Inergie.Io is the first registered digital asset mining company that provides services with a secure and fast transaction infrastructure developed by world standards, in governence of the expert team and experienced advisory board.

Inergie.Io investment

0.0003

0.00002000 B per day

Instantly withdraw

For 365 days

0.0006

0.00005000 B per day

Instantly withdraw

For 365 days

0.0120

0.00050000 B per day

Instantly withdraw

For 365 days

Inergie.Io founder

While documenting this inergie.Io review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the profile.

Inergie.Io provides no verifiable information about who owns or runs the company on its website.

Inergie.Io referral program

For every online platform, the referral model follows a pattern, all company wants to promote its product, app or site so they offer all potential users the opportunity to share their link, make a new member, and earn a bonus as reward.

The same model is applied on the inergie.Io site. After a successful sign up or registration, you proceed to login to be enable to share your referral link, make new membership and earn a referral bonus.

Is inergie.Io legit

Importantly, I always warn my blog readers first not to fall for ponzi schemes and other investment frauds inrespective of the model, either smart contract, MLM, income program, HYIP schemes etc.

This is because these platforms involve paying longer-standing members with money from new participants, instead of actual profits from investing or selling products/services to the public.

Obviously, this cannot be sustained and will always collapse eventually in a space of weeks or months.

Is inergie.Io scam

Primarily, xycinews media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or investing only what you can afford to lose.

Do you think inergie.Io is scam?

How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of inergie.Io on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

In summary – is inergie.Io legit or scam

Anyways, team xycinews can’t pronounce inergie.Io scam or legit but we will give you all the important information at our disposal to help you decide best because it involves you and your funds and we ain’t ah third party.

Don’t conclude from what you’ve read alone, make research additionally to make your firm. Always look out for the following before considering any online platform, expecially when your funds is involved.

Check if the site has a “contact us” web page

Avoid online platforms that promises huge ROI.

Check if the site shows info about its company (name, address, country).

Check if the site has an “about us” or “company” web page.

Check if the site has a valid VAT or partita IVA number (EU only).

Check if the platform is registered and certified to increase trust value.

Don’t be tricked by offers looking too good to be real, if it looks too good to be true, it could be a bait.

Check if the site has an active social presence (telegram,facebook, twitter, instagram)

This inergie.Io review article isn’t aimed at defaming inergie.Io nor is it targeted to promoting them.

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Team xycinews is no third party and we can’t handle any queries whatsoever.

Octafx copy trading review – follow professional forex traders to make money without trading

Octafx copy trading review :

We have prepared this octafx copy trading review for many traders who just want to invest their money for returns, octafx offers copy trading which is perfect for newbies to make money following professional forex traders without taking risks at beginning of their trading career. You can find here more than 300 pages of forex traders you can follow them depending on many factors

Their performance history ( not less than three months )

Number of his followers , at the end of this page you will see example to one of the traders , acutally number one his name is ( target_pip )

The minimum investement to follow this trader for exaple ( target_pip ) minimum investement is 25 $

Octafx Minimum Investement octafx copy trading

Please note: you will lose your money if you didn’t choose the right trader to follow and our advice for you is to depend on yourself in trading without copying other traders, they aren’t better than you and we will try to help our loyal clients with professional forex strategies, books and more to help them in their trading.

Here in this image you can see updated results for traders octafx copy trading

Our advice for all traders and investors again please choose wisely before you copy traders and never forget ( money management )

Octafx copy trading example for number one forex trader you can copy

Gain ( you can check the trader you want to copy for three months to evaluate his performance ).

Profit and loss ( what is the profit or loss for this forex trader )

Copier: like in this example you find the number of followers to the trader (target _pip) increased.

Commission: this commission the trader will take for each standard lot for his work.

Octafx forex broker give you big chance now if you opened account from the link below you get ( 100 % bonus ) on your deposit for copy trading.

Octafx review

Octafx

Leverage: 1:30 | 1:500

Regulation: cysec

Min. Deposit: 100 EUR

HQ: SVG, cyprus

Platforms: MT5, ctrader

Found in: 2011

Octafx licenses

Octa markets cyprus ltd - authorized by cysec (cyprus) registration no. 372/18

Octa markets incorporated - authorized by the FSA (SVG)

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What is octafx?

Awards

Safe or a scam?

Leverage

Accounts

Market instruments

Fees

Deposits and withdrawals

Trading platforms

Customer support

Education

Conclusion

What is octafx?

Octafx is a technology based brokerage company that operates since 2011 and offers industry leading platforms such as metatrader5 and ctrader with numerous investment opportunities and great capabilities.

At the beginning of its establishment octafx walked a path from an offshore brand located in SVG and further on operated in the UK, however since 2017 closed its entity and moved to cyprus.

So, together with the european cysec license broker operates also a global offering from its entity, therefore check on carefully under which regulation you will fall as it may propose different trading conditions.

Pros	cons
forex and cfds offered	phone support not available 24/7
great trading tools	no forex education
MT5 and ctrader platforms offered
fast account opening and free demo account
no commission deposits and withdrawal options

What type of broker is octafx?

Octafx is an STP forex broker also with high standards of secure trading environment, as of the regulation it imposes. The offering to the clients is wide and even comprehensive since proposes the same if not more investment opportunities to the world trading community.

10 points summary

�� headquarters	broker located in SVG and cyprus
��️ regulation	cysec, FSA SVG
�� platforms	MT5, ctrader
�� instruments	cfds on commodities, forex, metals, indices and energies
�� demo account	available
�� minimum deposit	100$
�� EUR/USD spread	0.5 pips
�� base currencies	USD, EUR
�� education	available only through international entity
☎ customer support	24/5

Awards

Octafx already quite known and operates for a while despite a fact that received its european license just recently. So for the years it operates, octafx participates to various exhibitions and received numerous international awards along with the huge number of active traders registered at the company. That all in all confirm its status and reputable position in the industry, which we will also be able to see in detail further in our octafx review.

Is octafx safe or a scam?

The main issue and topic of our octafx review among others if its safe trading environment, which is checked as first due to its regulatory obligation and license under which the broker operated. Octafx launched since 2011 walked a path with various operation licenses including SVG registration, operating the UK branch, yet suspended this entity back in 2017 and target cyprus as its next destination of operation.

Pros	cons
cysec regulated international broker	previously operated only offshore entity
global coverage and years of operation
negative balance protection applied

Is octafx legit?

So, the main gap for these years of operation was the fact that octafx was a brand of the octa markets incorporated company that is registered, regulated and governed by the law of saint-vincent and the grenadines. Which is offshore heaven for its tax-management as well as relative ease to establish a company. Now, since octafx established its legal entity in cyprus and respectively got a license from the local cysec, which also impose regulation according to european ESMA standards.

Therefore, now we can state that octafx and its octa markets cyprus ltd entity shows us a clear state of the compliance to the necessary operation standards.

Since the regulation demands strict follow of forex business operations management, it is considered safe to open an account either with cyprus or international octafx entity.

How are you protected?

The set of regulatory requirements enables protection to the clients and including – funds segregation, application of negative balance protection while the broker is constantly overseen by the authority in terms of its safety compliance. In addition, there is a security of the traders’ accounts applied by the investor protection and compensation schemes in case the broker goes bankrupt.

Leverage

As for the leverage as a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the octafx broker as well. However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly.

Risk level

The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk to lose money as well.

For this reason, world authorities and regulators restrict leverage to use to specify, safer levels for retail traders. Therefore, octafx cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that european traders or those clients that are registered with octafx european entity will fall under ESMA regulation that recently limited leverage.

Yet, if you still prefer to use high leverage international entity of octafx still allows so.

European traders leverage is maximum 1:30 for major currency pairs, 1:10 for commodities

International traders can still use leverage until 1:500

Accounts

Another important note within octafx review is a range of account types through which you will access trading. Eventually, the broker offers two account types that also define trading conditions and the platform that is used for trading itself.

Pros	cons
fast digital account opening	none
single account for metatrader5 or ctrader platforms
demo account offered
option between trading fee models

Types of accounts

As the broker defines by itself the MT5 account offered for a conservative trader as it is suitable for the majority of investors also supporting all trading styles and social trading as well. While ctrader will be more suitable for progressive traders or professionals as offers comprehensive trading conditions with commission based fee structure.

Besides, there is an option to submit for a demo practice account and use its unlimited sources to polish strategy or get to know platforms and octafx conditions better.

Yet, the international proposal includes also ECN and PRO account based on the platforms, besides micro account on metatrader4 platform is offered too. It is recommended for novice traders and allows micro lot trading with floating spreads starting at 0.4 pips or fixed spread at 2 pips.

Trading instruments

So what you can trade with octafx? The market range offers you the most demanded instrument while base on the CFD trading model and offering you an opportunity to speculate on the price movement on forex currency pairs, metals, energies and indices.

Another good point at octafx is its pricing strategy or a fee which you will need to pay for the usage of the octafx trading service. There are two options according to the account type you choose and the platform you use, offered by the octa markets.

While an international brand may offer slightly different conditions, which you may check from the site better.

Pros	cons
low forex fees	inactivity fee
options between spread only or commission fee basis
0$ withdrawal fee
micro lot trading available

Our find on CFD fees

So fee strategy is different according to the platforms while MT5 offers you spread only basis with a minimum spread of EUR USD 0.2 pips, which is a very good offering compared to industry standards.

And ctrader brings you access to raw spread from 0 pip for EUR USD pair plus the commission charge of 3$ pet lot.

Also, see below the comparison table with a typical octafx spread and compare brokers to other CFD brokers with CFD fees, commission or inactivity fee if applicable.

Trading fees of octafx vs similar brokers

asset/ pair	octafx fees	avatrade fees	etoro fees
EUR USD	0.5 pips	1.3 pips	3 pips
crude oil WTI	2 pips	3 pips	5 pips
gold	20	40	45
inactivity fee	yes	yes	yes
fee ranking	low	average	high

Here is a snapshot of octafx fees

Overnight fee

Also, always consider overnight charge or swap in case you’re holding the position longer than a day. It is always defined by the instrument you trade and may be visible either through a website or platform while trading. See the example on the snap above.

Deposits and withdrawals

Being able to access your funds at any time with ease and convenience is another point with a regulated broker and our octafx review. So together with its strict money management rules, you may fund your account by deposit through a bank account with no complication.

Pros	cons
no deposit fees	limited deposit and withdrawal option for european clients
withdrawals free of charge	no credit card supported for cyprus entity
wide range of payment methods supported by an international entity

Deposit fees and options

As a licensed broker that obliges to safety measures, octafx cyprus offers only bank wire transfer for its european clients. While international entity includes also credit cards, e-wallets and other methods which you may check with customer service before any transfer is done.

Bank wire transfer

What is also great, there is no charges for deposits so you won’t pay any commission, however always define it with your payment provider or bank itself as an international rule vary from jurisdiction to another.

Minimum deposit requirement

By the octafx policy, the minimum deposit set to a EUR100 allowing you to open any account type from the two offered by the broker.

Money withdrawal

Money withdrawal is the same smooth process, while octafx also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, octafx confirms withdrawals within 1-2 business days, but allow extra days for you bank to process the transaction.

Here are the steps to withdraw money from octafx

By a simple follow of instructions, you may access your account and submit a withdrawal. And of course, you may always count on a great help center which is remaining at your assistance.

How do you withdraw money from account?

1. Login to your account. Select on withdraw funds’ at the menu tab

2. Fill in the form and enter the desired withdraw amount

3. Choose the withdrawal method

4. Complete the necessary form requirements

5. Confirm withdrawal details and submit

Trading platforms

Lastly and what we like the most is the octafx platform offering, while you may select either industry leading software also its newer version metatrader5 with all benefits included and not restricted, also with copy trading option. Or to use advanced and very powerful capabilities of ctrader platform.

The choice between the platform is always your and they are indeed very different, also bringing different price model and more suitable trading strategy. Metatrader5 is good for everyone and more trader friendly software, also copy trading available through it.

While ctrader platform is more sophisticated technology also the one that offering ECN direct market access which might be a better option for professionals. Besides, if you open an account with the international brand of octafx there is an option to use metatrader4 and operate through an account with micro lot trading option.

Scores & availability of different platforms

pros	cons
option between metatrader5 and ctrader	no education or video support for european entity, but available through international site
user friendly design
price alerts and push notifications
fee report
supporting various languages
web, mobile and desktop versions
MT4 offered only by international entity

Web trading platform

Both platforms supporting various versions that you may access either just by the load through your browser without any installation which is very useful. Metatrader will bring you all the benefits and powerful capabilities it offers, while ctrader webtrader is also featuring great design and look.

Desktop platform

However, advanced traders would prefer the desktop version as it feature much more customization capabilities and tools to use. So here both platforms also available for download and suitable for any operating system either ios or windows.

Look and feel

Both platforms are with clear look and feel, indeed ctrader is more complex to understand as it is packed with advanced tools yet the design is easy to navigate and customize.

Automated trading

Octafx automated trading capabilities are also useful for either beginning or professional trading through the use of popular eas. You may either create your own once or follow a specified strategy available through the community or in the market place.

Mobile trading platform

The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time. MT5 mobile offers various charting capabilities also customization which is fantastic for mobile trading along with full management of your account.

Customer service

Also, octafx customer support provides its clients with 24-hour live support available through live chat, email and phone support in various languages. Eventually, avatrade offers some of the greatest quality support with fast and reliable answers and a huge range of free of charge lines all around the world.

Education

Unfortunately, there is no education center or any learning materials about the trading process offered by cyprus entity, either octafx does not provide webinars or analytical research which is not so good for complete beginners.

However, octafx provides education and analysis through its international brand along with unlimited demo platforms allowing to practice strategies and test the offered systems. So if you’re beginning trader maybe you can see competition or participate to the course using other sources.

Yet, we can forgive this missing point to octafx as there are truly many benefits on the trading conditions they provide.

Pros	cons
free unlimited demo account available	no education videos, webinars or learning materials provided by the cyprus entity. All education and analysis tools included in the international offering
wide range of trading tools
trading ideas and social trading options
economic indicators and news feed

Research

In addition to its some of the good quality trading offerings among industry, all clients can enjoy absolutely stunning research tools and trading tools that are accessible directly through the platforms. Along with other user-friendly tools including calculator, fantastic and clear charting with built-in news feed and other essential trading data for your better trading.

Conclusion

Overall, octafx review shows us a broker with a quality trading strategy which offers also flexibility in terms of conditions, platforms and instruments it proposes.

While before we had some concerns due to its operation only through offshore entity now the trust is on a certain good level as octafx is regulated by the european cysec aligned with mifid directive. Therefore means its operation aligned to the necessary protection level through its either entity.

Read more about octafx license through our news by the link.

What we also admit is high-tech access to a range of the instrument and multiple platforms either for manual, algorithmic or social trading. It is definitely a great advantage that octafx offers both industry popular metatrader platform and powerful ctrader which is highly regarded by the professional traders.

Nevertheless, make sure to check the proposal of the particular octafx entity as an international brand and a cyprus one offers slightly different conditions. While obviously, octafx international proposal features more comprehensive tools and conditions along with education and research materials also MT4 availability.

Yet, it is always great to hear your personal opinion about octafx. So you may share your experience or thoughts or discuss them below or ask us for additional information.

Octafx copy trading review – is octafx copy trading scam or legit

Octafx copy trading review

Welcome to xycinews media, this article about octafx copy trading review was written to help users understand how it works and everything involved.

How octafx copy trading works

Create an account and make A deposit

Follow the best traders

Monitor and profit !

Octafx copy trading charges

Octafx doesn’t charge any additional commissions—the only commision you pay is master’s commission, which is specified individually and is charged in $ per lot of traded volume.

Deposit percentage is an option that you set prior to copying that helps you to control your risks. It can equal any percentage from 1% to 100%.

You set this parameter and new trades won’t be copied if the current equity goes down by a set amount (20%) from your balance according to the following formula:

Octafx copy trading in relation to leverage & volume

Choosing master traders to copy on octafx

Benefits of octafx copy trading with app

Focus on investing with a convenient octafx copytrading app

Control your portfolio and investments on the go

Track master traders and their performance live for smart investing

View how your funds are invested and manage risks in real time

Is octafx copy trading legit

Learn from the best.

Diversify your portfolio.

Enjoy fast order execution.

You can stop copying, unsubscribe, or close a trade anytime.

No additional verification required.

Many popular payment methods to choose from.

Is octafx copy trading scam

Primarily, xycinews media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or investing only what you can afford to lose.

Do you think octafx copy trading is scam?

How you being defrauded?

Disclaimer

This octafx copy trading review article isn’t aimed at defaming octafx copy trading nor is it targeted to promoting them.

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Team xycinews is no third party and we can’t handle any queries whatsoever.

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Holder finance review – when defi meets HODL

Holder finance review

HFI private sale is now live

A unique multi token strategy

This unique financial instrument relies on both fundamental economic theories and advanced blockchain technologies to accomplish its goal.

For example, there are only 1000 HFI tokens ever to be issued. In this way, the token has the highest level of scarcity in the market. In comparison, there will be 21 million BTC issued in total.

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Inergie.Io review – is inergie.Io scam or legit

Inergie.Io review

Inergie.Io investment

0.0003

0.00002000 B per day

Instantly withdraw

For 365 days

0.0006

0.00005000 B per day

Instantly withdraw

For 365 days

0.0120

0.00050000 B per day

Instantly withdraw

For 365 days

Inergie.Io founder

While documenting this inergie.Io review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the profile.

Inergie.Io provides no verifiable information about who owns or runs the company on its website.

Inergie.Io referral program

Is inergie.Io legit

Importantly, I always warn my blog readers first not to fall for ponzi schemes and other investment frauds inrespective of the model, either smart contract, MLM, income program, HYIP schemes etc.

This is because these platforms involve paying longer-standing members with money from new participants, instead of actual profits from investing or selling products/services to the public.

Obviously, this cannot be sustained and will always collapse eventually in a space of weeks or months.

Is inergie.Io scam

Primarily, xycinews media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or investing only what you can afford to lose.

Do you think inergie.Io is scam?

How you being defrauded?

In summary – is inergie.Io legit or scam

Check if the site has a “contact us” web page

Avoid online platforms that promises huge ROI.

Check if the site shows info about its company (name, address, country).

Check if the site has an “about us” or “company” web page.

Check if the site has a valid VAT or partita IVA number (EU only).

Check if the platform is registered and certified to increase trust value.

Don’t be tricked by offers looking too good to be real, if it looks too good to be true, it could be a bait.

Check if the site has an active social presence (telegram,facebook, twitter, instagram)

This inergie.Io review article isn’t aimed at defaming inergie.Io nor is it targeted to promoting them.

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Team xycinews is no third party and we can’t handle any queries whatsoever.

So, let's see, what we have: octafx offers leveraged trading on multiple asset classes. For promo codes, platform details and copy trading, see our review. Login today. At octafx copy trading