OctaFX in 30 seconds
OctaFX is an independent Market Maker/ECN hybrid forex broker founded in 2011. Its main selling points are a $100 minimum deposit, spreads from 0.0 pips on EUR/USD and leverage up to 1:3000 on MT4 & MT5.
It suits cost-sensitive traders, scalpers and Expert Advisor users.
Broker Information
Company details, support channels and the languages the OctaFX website supports.
| International offices | Belize |
|---|---|
| Broker Type | Market Maker/ECN hybrid |
| Broker Status | Independent Broker |
| Accept U.S Clients | No |
| Live Chat | Yes |
| Phone | +74997099480 |
| Fax | +74997099480 |
| support@superforex.com | |
| Website Languages |
Account Information
What you need to open an account, which currencies you can hold, and how you can fund it.
| Free Demo Account | Yes |
|---|---|
| Min. Deposit | $100 |
| ECN account | Yes |
| Account Currencies | USD, EUR, GBP |
| Maximum Leverage | 1:3000 |
| Minimal Order Volume | 0.01 |
| Segregated accounts | Yes, for all accounts |
| Swap-free Accounts | Yes |
| MAM/PAMM accounts | Yes |
| Managed account | Yes |
| Interest on margin | Yes |
| Deposit/ Withdraw Options |
Trading Terms
Platforms, pricing, permitted strategies and the markets you can trade with OctaFX.
| Trading Platforms | |
|---|---|
| Precision pricing | 5 digits |
| Type of Spread | Fixed/Variable |
| Commission | Yes |
| Lowest spread on EURUSD | 0.0 pips |
| Scalping | Yes |
| Hedging | Yes |
| Expert Advisors | Yes |
| One-click execution | Yes |
| OCO orders | Yes |
| Mobile Trading | Yes |
| Web Trading | Yes |
| Gold, Silver | Yes |
| CFDs | Yes |
| Other Trading Instruments | Yes |
| Promotion | $88 Forex No Deposit Bonus and 3000% Forex Deposit Bonus |
| Trading Contests | No |
OctaFX Pros and Cons
What we like
- Spreads from 0.0 pips on EUR/USD
- Both MT4 and MT5 on desktop, web and mobile
- Scalping, hedging and Expert Advisors allowed
- Swap-free, MAM/PAMM and managed accounts
- Website and support in 15 languages
- Free demo account to practise first
What to watch
- Leverage up to 1:3000 can wipe out small accounts fast
- Does not accept U.S. residents
Is OctaFX Safe and Regulated?
According to its profile, OctaFX is for OctaFX.com we have only SVGFSA license no. 19776 IBC 2011. Licensed brokers must follow capital, reporting and client-money rules set by their regulator, which gives traders an extra layer of protection.
How to keep your risk low
- Start with the free demo account, then fund a small live account.
- Withdraw profits regularly instead of building a large balance at one broker.
- Use leverage of 1:100 or lower until you have a tested strategy.
- Check the licence number 19776 on the regulator register before depositing.
How to Open an OctaFX Account
Register
Click Open Live Account and sign up with your name, email and phone number.
Verify
Upload an ID document and proof of address to complete KYC verification.
Choose a platform
Pick MT4 or MT5, your account currency (USD, EUR, GBP) and your leverage.
Fund & trade
Deposit from $100 with a card, e-wallet or bank wire, then log in and place your first trade.
OctaFX Bonus and Promotions
Our listing records $88 Forex No Deposit Bonus and 3000% Forex Deposit Bonus at OctaFX. Bonuses usually come with trading-volume conditions and cannot always be withdrawn, and promotions change often — always read the current terms on the broker's site first.
Looking for free credit without depositing? See our updated forex no deposit bonus list or the latest forex deposit bonus offers.
Who Is OctaFX Best For?
Scalpers & EA users
Spreads from 0.0 pips and full Expert Advisor support suit fast strategies.
Copy & managed investors
MAM/PAMM and managed accounts let you follow a money manager.
Islamic traders
Swap-free accounts remove overnight interest charges.
OctaFX vs Similar Brokers
How OctaFX compares with other featured brokers on ForexAllNews.
OctaFX FAQ
Is OctaFX a regulated broker?
Yes. For OctaFX.com we have only SVGFSA license no. 19776 IBC 2011. Always confirm the licence on the regulator's own register.
What is the OctaFX minimum deposit?
The listed minimum deposit is $100.
What is the maximum leverage at OctaFX?
OctaFX offers leverage of up to 1:3000. High leverage magnifies both profits and losses, so beginners should use a much lower ratio.
Which trading platforms does OctaFX offer?
MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad.
Does OctaFX accept US clients?
No. OctaFX does not accept clients from the United States.
Does OctaFX allow scalping, hedging and Expert Advisors?
Scalping: allowed. Hedging: allowed. Expert Advisors: allowed.
Does OctaFX offer swap-free Islamic accounts?
Yes. Swap-free accounts are available for traders who cannot pay or receive overnight interest.
Does OctaFX have a bonus?
Our listing records the promotion "$88 Forex No Deposit Bonus and 3000% Forex Deposit Bonus". Bonus offers change often, so always check the current terms on the OctaFX website before depositing.
Risk warning: Forex and CFD trading with leverage carries a high level of risk and may not be suitable for all investors. You could lose more than your initial deposit. Broker details on this page come from our listing and may change — confirm all conditions on the official OctaFX website before trading.