OctaFX Review – Forex Broker Profile

Regulation, minimum deposit, leverage, spreads, platforms and payment methods for OctaFX — laid out in plain tables so you can decide in minutes.

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BROKER PROFILEOctaFXSpreads from 0.0 pips · MT4 · MT5Min $1001:3000 Featured Broker

Market Maker / ECN hybrid broker · Since 2011

OctaFX

  • Website: www.octafxmy.net
  • Year Established: 2011
  • Headquarter: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
  • Regulation: For OctaFX.com we have only SVGFSA license no. 19776 IBC 2011
  • $100Minimum deposit
  • 1:3000Maximum leverage
  • 0.0 pipsLowest EUR/USD spread
  • MT4 · MT5Trading platforms

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.

OctaFX – Broker Information
International officesBelize
Broker TypeMarket Maker/ECN hybrid
Broker StatusIndependent Broker
Accept U.S ClientsNo
Live ChatYes
Phone+74997099480
Fax+74997099480
Emailsupport@superforex.com
Website Languages
  • English
  • Spanish
  • Portuguese
  • Russian
  • Chinese
  • Bangla
  • Indonesian
  • Malay
  • Thai
  • Arabic
  • Vietnamese
  • Korean
  • Urdu
  • Malay
  • Hindi
  • More

Account Information

What you need to open an account, which currencies you can hold, and how you can fund it.

OctaFX – Account Information
Free Demo AccountYes
Min. Deposit$100
ECN accountYes
Account CurrenciesUSD, EUR, GBP
Maximum Leverage1:3000
Minimal Order Volume0.01
Segregated accountsYes, for all accounts
Swap-free AccountsYes
MAM/PAMM accountsYes
Managed accountYes
Interest on marginYes
Deposit/ Withdraw Options
  • Wire Transfer
  • Credit Card
  • Debit Card
  • Perfect Money
  • WebMoney
  • Neteller
  • Skrill
  • More

Trading Terms

Platforms, pricing, permitted strategies and the markets you can trade with OctaFX.

OctaFX – Trading Terms
Trading Platforms
  • 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
Precision pricing5 digits
Type of SpreadFixed/Variable
CommissionYes
Lowest spread on EURUSD0.0 pips
ScalpingYes
HedgingYes
Expert AdvisorsYes
One-click executionYes
OCO ordersYes
Mobile TradingYes
Web TradingYes
Gold, SilverYes
CFDsYes
Other Trading InstrumentsYes
Promotion$88 Forex No Deposit Bonus and 3000% Forex Deposit Bonus
Trading ContestsNo

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

  1. Register

    Click Open Live Account and sign up with your name, email and phone number.

  2. Verify

    Upload an ID document and proof of address to complete KYC verification.

  3. Choose a platform

    Pick MT4 or MT5, your account currency (USD, EUR, GBP) and your leverage.

  4. 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 compared with other featured brokers
BrokerMin. depositMax leverageTypeBonus
OctaFX$1001:3000Market Maker/ECN hybrid$88 Forex No Deposit Bonus…
Axiory$501:777NDDYes
HFM$51:1000STP/ECN/NDD100% Instant Rebate Credit…
RoboForex$2001:1000STP/ECN$30 Free Bonus 60% Welcome…

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.

Ready to try OctaFX?Open a free demo first, then go live from just $100.
Open Account

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.