Octafx demo account
Metatrader 4 is highly customisable. It includes charting tools, market indicators, scripts and eas, advanced risk management, real time market execution and more.
Today forex bonuses
Free forex demo account
Learn forex completely risk-free
The forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into forex trading with a live account, it’s best to open a risk-free forex demo account. The octafx demo account provides the same forex trading experience as real accounts. The only difference is that the funds on the forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Access the demo account without deposit
The octafx forex demo account is essentially a practice account. You just need to sign up and create one in a couple of clicks to get started. With it, you can get accustomed to a variety of features of the forex trading platform and get familiar with the dynamics of the forex market before committing any real funds. Practicing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure. While being equipped with all the real account features, it allows you to:
- Use it completely free of charge: test your trading strategies and bots for scalping, and execute trades completely risk free as many times as necessary
- Trade with virtual money: even though it’s a trading simulation, we still provide you with real trading signals that are also free of charge
- Discover all the features of the trading platform: learn to read charts and use graphic objects, levels, fibonacci retracements, and more
- Experiment with different order types.
Practicing at your own pace
We understand that new traders need time to get familiar with tools and market specifics, and we consider it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.
Real market conditions
Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!
Access to MT4 and MT5
Metatrader 4 web-platform
MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform. All major tools are available including one click trading and chart trading.
Metatrader 4 desktop
Metatrader 4 is highly customisable. It includes charting tools, market indicators, scripts and eas, advanced risk management, real time market execution and more.
Metatrader 4 android
Enjoy a complete set of trade orders, trading history, interactive charts and the widest variety of supported devices - all that is metatrader 4 for android. Wherever you are and whatever you do, forex will always be with you!
Metatrader 4 ios
Widespread trading software is now available for your iphone/ipad. Login to your account and have the opportunity to trade on metatrader 4 from anywhere in the world via your ios device.
Metatrader 5 web-platform
Trade with the metatrader 5 web platform without installing or downloading any software application. You can trade on the forex market with any browser and operating system with an internet connection. Access your trading account with metatrader 5 web platform right now.
Metatrader 5 desktop
Download metatrader 5 and start trading with amazing functionality, technical and fundamental market analysis, copy trading and automated trading features incorporated into this platform. This version offers a diversity of order types and execution modes. Metatrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more.
Metatrader 5 android
Download metatrader 5 on your android phone or tablet and trade currencies with cfds. Metatrader 5 is available for android allowing you to trade and check your account from wherever you are. Using your smartphone or tablet you can access the main features of the platform.
Metatrader 5 ios
The new metatrader 5 platform offers mobile online trading on the forexmarket.Trade forex directly from your iphone and ipad! This new application allows you to connect to octafx servers, receive currency quotes, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations.
Perfect for testing trading strategies
Forex demo accounts are not just there to learn the basics. They help experienced traders test highly intensive strategies. For example, a trader can practice trading on indicators—the technique involves sorting out different indicators in search of a perfect set, which trend forecasts will confirm across all indicators in the set and correctly predict real market behaviour. Automated trading strategies using advanced eas are needed to continuously monitor fluctuations across different currencies. Even strategies requiring extensive use of tools and a high level of trading discipline can be practiced on a demo account.
Learn with demo contests and win prizes
In order to turn your learning steps into a more rewarding process, we’ve developed several demo contests that will allow you to earn real money. You can practice reversal trading, use automated trading, or show your newly built skills to get the first prize.
Champion demo contest
Ctrader weekly
demo contest
Moving forward to real trading
The retail part of the forex market is all about making profit. When you feel like you have enough experience in trading on demo accounts, and when you make steady profits from session to session, we recommend you move on to making real money on real trading accounts.
Octafx demo account
To register for, and set up a octafx demo account, traders can follow these steps:
- To access the octafx demo account, traders will have to go through the full registration process of opening a live account.
- Navigate to the octafx website and click ‘registration’ on the home page.
- The trader will be redirected to a new page where an online application form will appear, and traders must provide their first and last name, email address, and a password.
- Alternatively, traders can opt to register their details by using their facebook or google credentials by clicking on the relevant icons provided, respectively.
- To complete registration, the trader must check their email for confirmation. As soon as the trader has received the email, the embedded link to ‘confirm’ can be clicked and the trader will receive another email to confirm registration.
- In the email, the trader can click on the ‘start trading’ link to be redirected to the octafx website and the registration form.
- Traders will need to provide information such as their residential address and employment details, amidst others, along with providing documents to serve as proof of identification and residential address.
A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what octafx has to offer.
Octafx demo account features
The octafx demo account features will depend on the trading platform that the trader uses, whether metatrader 4, ctrader or metatrader 5, in conjunction with the demo account.
In other words, the demo account features can be accessed through the trading platform and will depend on octafx’s offering with regards to asset classes, financial instruments, spreads, leverage, and so on.
Pros and cons
| PROS | CONS |
| 1. Metatrader 4, metatrader 5 and ctrader are reliable, user-friendly trading platforms | 1. Full registration needed to access demo account |
What is the difference between a demo and live trading account?
A demo account provides the trader with a practice account that can be used to practice trading in a risk free environment.
Demo accounts are often suited for beginners who need to build up experience with trading as well as advanced traders who would like to test their trading strategies and explore the offering of a broker before registering a live account.
Does octafx offer a demo account?
Can I convert my demo account to a live trading account with octafx?
No, there is no need for conversion.
You have to complete the full registration before you can access the demo account, so octafx will already have the relevant information and documentation should you wish to open a live account.
Free forex demo account
Learn forex completely risk-free
The forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into forex trading with a live account, it’s best to open a risk-free forex demo account. The octafx demo account provides the same forex trading experience as real accounts. The only difference is that the funds on the forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Access the demo account without deposit
The octafx forex demo account is essentially a practice account. You just need to sign up and create one in a couple of clicks to get started. With it, you can get accustomed to a variety of features of the forex trading platform and get familiar with the dynamics of the forex market before committing any real funds. Practicing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure. While being equipped with all the real account features, it allows you to:
- Use it completely free of charge: test your trading strategies and bots for scalping, and execute trades completely risk free as many times as necessary
- Trade with virtual money: even though it’s a trading simulation, we still provide you with real trading signals that are also free of charge
- Discover all the features of the trading platform: learn to read charts and use graphic objects, levels, fibonacci retracements, and more
- Experiment with different order types.
Practicing at your own pace
We understand that new traders need time to get familiar with tools and market specifics, and we consider it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.
Real market conditions
Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!
Access to MT4 and MT5
Metatrader 4 web-platform
MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform. All major tools are available including one click trading and chart trading.
Metatrader 4 desktop
Metatrader 4 is highly customisable. It includes charting tools, market indicators, scripts and eas, advanced risk management, real time market execution and more.
Metatrader 4 android
Enjoy a complete set of trade orders, trading history, interactive charts and the widest variety of supported devices - all that is metatrader 4 for android. Wherever you are and whatever you do, forex will always be with you!
Metatrader 4 ios
Widespread trading software is now available for your iphone/ipad. Login to your account and have the opportunity to trade on metatrader 4 from anywhere in the world via your ios device.
Metatrader 5 web-platform
Trade with the metatrader 5 web platform without installing or downloading any software application. You can trade on the forex market with any browser and operating system with an internet connection. Access your trading account with metatrader 5 web platform right now.
Metatrader 5 desktop
Download metatrader 5 and start trading with amazing functionality, technical and fundamental market analysis, copy trading and automated trading features incorporated into this platform. This version offers a diversity of order types and execution modes. Metatrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more.
Metatrader 5 android
Download metatrader 5 on your android phone or tablet and trade currencies with cfds. Metatrader 5 is available for android allowing you to trade and check your account from wherever you are. Using your smartphone or tablet you can access the main features of the platform.
Metatrader 5 ios
The new metatrader 5 platform offers mobile online trading on the forexmarket.Trade forex directly from your iphone and ipad! This new application allows you to connect to octafx servers, receive currency quotes, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations.
Perfect for testing trading strategies
Forex demo accounts are not just there to learn the basics. They help experienced traders test highly intensive strategies. For example, a trader can practice trading on indicators—the technique involves sorting out different indicators in search of a perfect set, which trend forecasts will confirm across all indicators in the set and correctly predict real market behaviour. Automated trading strategies using advanced eas are needed to continuously monitor fluctuations across different currencies. Even strategies requiring extensive use of tools and a high level of trading discipline can be practiced on a demo account.
Learn with demo contests and win prizes
In order to turn your learning steps into a more rewarding process, we’ve developed several demo contests that will allow you to earn real money. You can practice reversal trading, use automated trading, or show your newly built skills to get the first prize.
Champion demo contest
Ctrader weekly
demo contest
Moving forward to real trading
The retail part of the forex market is all about making profit. When you feel like you have enough experience in trading on demo accounts, and when you make steady profits from session to session, we recommend you move on to making real money on real trading accounts.
Akaun demo forex percuma
Belajar forex secara bebas risiko sepenuhnya
Pasaran forex menawarkan peluang menarik kepada pedagang, tetapi masih melibatkan risiko yang tinggi. Itulah sebabnya sebelum anda menyelami dunia dagangan forex dengan akaun sebenar, penting untuk anda membuka akaun demo forex yang bebas risiko terlebih dahulu. Akaun demo octafx membekalkan pengalaman dagangan forex sebagai akaun sebenar, satu-satunya perbezaan adalah dana yang digunakan merupakan dana simulasi dalam akaun demo forex. Anda tidak perlu mendagangkan wang sebenar, jadi kemenangan dan kerugian anda juga bukan yang sebenar.
Akses akaun demo tanpa deposit atau kredit diperlukan
Akaun demo forex octafx secara asasnya ialah akaun latihan. Anda hanya perlu mendaftar dan mencipta akaun dengan beberapa klik untuk bermula. Melalui akaun ini, anda boleh menyesuaikan diri dengan pelbagai ciri platform dagangan forex dan memahami tentang dinamik pasaran forex sebelum menggunakan dana sebenar. Membuat latihan dengan dolar demo tanpa had membantu anda memahami cara melaksanakan dagangan dan juga pendedahan risiko anda dengan lebih baik. Akaun ini memberi anda semua ciri akaun sebenar dan membolehkan anda :
- Menggunakannya secara percuma sepenuhnya: uji strategi dagangan anda dan bot untuk scalping, dan laksanakan dagangan sebanyak mungkin tanpa sebarang risiko
- Berdagang dengan wang maya: walaupun ia merupakan simulasi dagangan, kami masih lagi membekalkan anda dengan isyarat secara percuma
- Terokai semua ciri-ciri platform dagangan: ketahui cara untuk membaca carta dan menggunakan objek grafik, tahap, penarikan fibonacci dan banyak lagi
- Eksperimen pelbagai jenis perintah yang berlainan
Berlatih mengikut kemampuan anda
Kami faham bahawa pedagang baru memerlukan masa untuk membiasakan diri dengan perincian alat dan pasaran dan kami mengetahui sangat penting untuk menyediakan akaun demo kepada mereka yang ingin belajar; prestasi pedagang baru yang tidak berpengalaman mungkin jauh daripada jangkaan tanpa membuat latihan terlebih dahulu. Bagi pedagang berpengalaman yang ingin membuat ujian ke hadapan atau ujian ke belakang bagi strategi mereka dan melatih kemahiran dagangan mereka, akaun demo kami menyediakan lebih banyak manfaat, baki tanpa had dan sokongan penuh bagi pelbagai robot dagangan. Uji strategi mengikut trend, penembusan, momentum dan strategi lain dalam usaha anda untuk menghasilkan rancangan dagangan yang terbaik.
Syarat pasaran sebenar
Walaupun akaun demo octafx tidak melibatkan wang sebenar, dagangan dilakukan dengan data dan pasaran dan memberikan simulasi syarat dagangan sebenar. Anda akan melihat isyarat dagangan, carta dan aset dagangan sebenar yang sememangnya percuma untuk digunakan!
Octafx demo account
To register for, and set up a octafx demo account, traders can follow these steps:
- To access the octafx demo account, traders will have to go through the full registration process of opening a live account.
- Navigate to the octafx website and click ‘registration’ on the home page.
- The trader will be redirected to a new page where an online application form will appear, and traders must provide their first and last name, email address, and a password.
- Alternatively, traders can opt to register their details by using their facebook or google credentials by clicking on the relevant icons provided, respectively.
- To complete registration, the trader must check their email for confirmation. As soon as the trader has received the email, the embedded link to ‘confirm’ can be clicked and the trader will receive another email to confirm registration.
- In the email, the trader can click on the ‘start trading’ link to be redirected to the octafx website and the registration form.
- Traders will need to provide information such as their residential address and employment details, amidst others, along with providing documents to serve as proof of identification and residential address.
A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what octafx has to offer.
Octafx demo account features
The octafx demo account features will depend on the trading platform that the trader uses, whether metatrader 4, ctrader or metatrader 5, in conjunction with the demo account.
In other words, the demo account features can be accessed through the trading platform and will depend on octafx’s offering with regards to asset classes, financial instruments, spreads, leverage, and so on.
Pros and cons
| PROS | CONS |
| 1. Metatrader 4, metatrader 5 and ctrader are reliable, user-friendly trading platforms | 1. Full registration needed to access demo account |
What is the difference between a demo and live trading account?
A demo account provides the trader with a practice account that can be used to practice trading in a risk free environment.
Demo accounts are often suited for beginners who need to build up experience with trading as well as advanced traders who would like to test their trading strategies and explore the offering of a broker before registering a live account.
Does octafx offer a demo account?
Can I convert my demo account to a live trading account with octafx?
No, there is no need for conversion.
You have to complete the full registration before you can access the demo account, so octafx will already have the relevant information and documentation should you wish to open a live account.
Free forex demo account
Learn forex completely risk-free
The forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into forex trading with a live account, it’s best to open a risk-free forex demo account. The octafx demo account provides the same forex trading experience as real accounts. The only difference is that the funds on the forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Access the demo account without deposit
The octafx forex demo account is essentially a practice account. You just need to sign up and create one in a couple of clicks to get started. With it, you can get accustomed to a variety of features of the forex trading platform and get familiar with the dynamics of the forex market before committing any real funds. Practicing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure. While being equipped with all the real account features, it allows you to:
- Use it completely free of charge: test your trading strategies and bots for scalping, and execute trades completely risk free as many times as necessary
- Trade with virtual money: even though it’s a trading simulation, we still provide you with real trading signals that are also free of charge
- Discover all the features of the trading platform: learn to read charts and use graphic objects, levels, fibonacci retracements, and more
- Experiment with different order types.
Practicing at your own pace
We understand that new traders need time to get familiar with tools and market specifics, and we consider it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.
Real market conditions
Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!
Access to MT4 and MT5
Metatrader 4 web-platform
MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform. All major tools are available including one click trading and chart trading.
Metatrader 4 desktop
Metatrader 4 is highly customisable. It includes charting tools, market indicators, scripts and eas, advanced risk management, real time market execution and more.
Metatrader 4 android
Enjoy a complete set of trade orders, trading history, interactive charts and the widest variety of supported devices - all that is metatrader 4 for android. Wherever you are and whatever you do, forex will always be with you!
Metatrader 4 ios
Widespread trading software is now available for your iphone/ipad. Login to your account and have the opportunity to trade on metatrader 4 from anywhere in the world via your ios device.
Metatrader 5 web-platform
Trade with the metatrader 5 web platform without installing or downloading any software application. You can trade on the forex market with any browser and operating system with an internet connection. Access your trading account with metatrader 5 web platform right now.
Metatrader 5 desktop
Download metatrader 5 and start trading with amazing functionality, technical and fundamental market analysis, copy trading and automated trading features incorporated into this platform. This version offers a diversity of order types and execution modes. Metatrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more.
Metatrader 5 android
Download metatrader 5 on your android phone or tablet and trade currencies with cfds. Metatrader 5 is available for android allowing you to trade and check your account from wherever you are. Using your smartphone or tablet you can access the main features of the platform.
Metatrader 5 ios
The new metatrader 5 platform offers mobile online trading on the forexmarket.Trade forex directly from your iphone and ipad! This new application allows you to connect to octafx servers, receive currency quotes, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations.
Perfect for testing trading strategies
Forex demo accounts are not just there to learn the basics. They help experienced traders test highly intensive strategies. For example, a trader can practice trading on indicators—the technique involves sorting out different indicators in search of a perfect set, which trend forecasts will confirm across all indicators in the set and correctly predict real market behaviour. Automated trading strategies using advanced eas are needed to continuously monitor fluctuations across different currencies. Even strategies requiring extensive use of tools and a high level of trading discipline can be practiced on a demo account.
Learn with demo contests and win prizes
In order to turn your learning steps into a more rewarding process, we’ve developed several demo contests that will allow you to earn real money. You can practice reversal trading, use automated trading, or show your newly built skills to get the first prize.
Champion demo contest
Ctrader weekly
demo contest
Moving forward to real trading
The retail part of the forex market is all about making profit. When you feel like you have enough experience in trading on demo accounts, and when you make steady profits from session to session, we recommend you move on to making real money on real trading accounts.
Free forex demo account
Learn forex completely risk-free
The forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into forex trading with a live account, it’s best to open a risk-free forex demo account. The octafx demo account provides the same forex trading experience as real accounts. The only difference is that the funds on the forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Access the demo account without deposit
The octafx forex demo account is essentially a practice account. You just need to sign up and create one in a couple of clicks to get started. With it, you can get accustomed to a variety of features of the forex trading platform and get familiar with the dynamics of the forex market before committing any real funds. Practicing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure. While being equipped with all the real account features, it allows you to:
- Use it completely free of charge: test your trading strategies and bots for scalping, and execute trades completely risk free as many times as necessary
- Trade with virtual money: even though it’s a trading simulation, we still provide you with real trading signals that are also free of charge
- Discover all the features of the trading platform: learn to read charts and use graphic objects, levels, fibonacci retracements, and more
- Experiment with different order types.
Practicing at your own pace
We understand that new traders need time to get familiar with tools and market specifics, and we consider it very important to provide learners with demo accounts; the performance of inexperienced, new traders might be far from their expectations without prior learning or practicing. For experienced traders who wish to forward test or back test their strategies and practice their trading skills, our demo accounts offer even more, providing an unlimited balance and full support of various trading robots. Test trend following, breakout, momentum, and other strategies on your way to create the best trading plan.
Real market conditions
Although the octafx demo account does not involve real money, trading takes place in real market environment with actual trading and quoting data, as it is viewed in the real accounts. You’ll see live trading signals, charts, and trading assets absolutely free!
Access to MT4 and MT5
Metatrader 4 web-platform
MT4 web platform allows you to trade from any browser on any operating system with a well-known interface of a desktop platform. All major tools are available including one click trading and chart trading.
Metatrader 4 desktop
Metatrader 4 is highly customisable. It includes charting tools, market indicators, scripts and eas, advanced risk management, real time market execution and more.
Metatrader 4 android
Enjoy a complete set of trade orders, trading history, interactive charts and the widest variety of supported devices - all that is metatrader 4 for android. Wherever you are and whatever you do, forex will always be with you!
Metatrader 4 ios
Widespread trading software is now available for your iphone/ipad. Login to your account and have the opportunity to trade on metatrader 4 from anywhere in the world via your ios device.
Metatrader 5 web-platform
Trade with the metatrader 5 web platform without installing or downloading any software application. You can trade on the forex market with any browser and operating system with an internet connection. Access your trading account with metatrader 5 web platform right now.
Metatrader 5 desktop
Download metatrader 5 and start trading with amazing functionality, technical and fundamental market analysis, copy trading and automated trading features incorporated into this platform. This version offers a diversity of order types and execution modes. Metatrader 5 features an unlimited amount of charts with 21 timeframes and one-minute history of quotes along with analytical tools not to mention 80 built-in technical indicators plus much more.
Metatrader 5 android
Download metatrader 5 on your android phone or tablet and trade currencies with cfds. Metatrader 5 is available for android allowing you to trade and check your account from wherever you are. Using your smartphone or tablet you can access the main features of the platform.
Metatrader 5 ios
The new metatrader 5 platform offers mobile online trading on the forexmarket.Trade forex directly from your iphone and ipad! This new application allows you to connect to octafx servers, receive currency quotes, analyze financial markets using charts and technical indicators, trade and view the history of your trading operations.
Perfect for testing trading strategies
Forex demo accounts are not just there to learn the basics. They help experienced traders test highly intensive strategies. For example, a trader can practice trading on indicators—the technique involves sorting out different indicators in search of a perfect set, which trend forecasts will confirm across all indicators in the set and correctly predict real market behaviour. Automated trading strategies using advanced eas are needed to continuously monitor fluctuations across different currencies. Even strategies requiring extensive use of tools and a high level of trading discipline can be practiced on a demo account.
Learn with demo contests and win prizes
In order to turn your learning steps into a more rewarding process, we’ve developed several demo contests that will allow you to earn real money. You can practice reversal trading, use automated trading, or show your newly built skills to get the first prize.
Champion demo contest
Ctrader weekly
demo contest
Moving forward to real trading
The retail part of the forex market is all about making profit. When you feel like you have enough experience in trading on demo accounts, and when you make steady profits from session to session, we recommend you move on to making real money on real trading accounts.
Trade with a regulated broker that adheres to placing clients' asset protection at the forefront.
Octa markets cyprus ltd offers spot forex and contracts for differences (cfds) on assets including equity indices, spot metals and commodities. Octa markets cyprus ltd offers easy-to-use platforms such as metatrader 5 and ctrader.
Octa markets cyprus ltd is authorised and regulated by the cyprus securities and exchange commission (cysec) with license №372/18. Octa markets cyprus ltd complies with european securities and market authority's (ESMA) regulatory standards as well as with market in financial instruments directive (mifid II)
Explore our platforms
Trading platforms are designed to enhance your trading experience. Access your trading account via mobile and desktop platforms.
Metatrader 5 and ctrader trading platforms are carefully designed to meet your trading needs.
Mobile and desktop trading on demo accounts
Trade markets with unlimited virtual funds. Test our trading platforms and your trading strategies with no risk involved by opening a demo account.
Octa markets cyprus ltd security
Negative balance protection
Octa markets cyprus ltd notice
As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992. Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd.
As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992. Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd.
The website is the property of 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 bonuses & promo codes
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.
So, let's see, what was the most valuable thing of this article: practice trading for free with $5000 USD or more in demo account with currencies, cfds, stocks, metals, crypto, and other assets. At octafx demo account
Contents of the article
- Today forex bonuses
- Free forex demo account
- Learn forex completely risk-free
- Access the demo account without deposit
- Practicing at your own pace
- Real market conditions
- Access to MT4 and MT5
- Metatrader 4 web-platform
- Metatrader 4 desktop
- Metatrader 4 android
- Metatrader 4 ios
- Metatrader 5 web-platform
- Metatrader 5 desktop
- Metatrader 5 android
- Metatrader 5 ios
- Perfect for testing trading strategies
- Learn with demo contests and win prizes
- Moving forward to real trading
- Octafx demo account
- Octafx demo account features
- Pros and cons
- What is the difference between a demo and live...
- Does octafx offer a demo account?
- Can I convert my demo account to a live trading...
- Free forex demo account
- Learn forex completely risk-free
- Access the demo account without deposit
- Practicing at your own pace
- Real market conditions
- Access to MT4 and MT5
- Metatrader 4 web-platform
- Metatrader 4 desktop
- Metatrader 4 android
- Metatrader 4 ios
- Metatrader 5 web-platform
- Metatrader 5 desktop
- Metatrader 5 android
- Metatrader 5 ios
- Perfect for testing trading strategies
- Learn with demo contests and win prizes
- Moving forward to real trading
- Akaun demo forex percuma
- Belajar forex secara bebas risiko sepenuhnya
- Akses akaun demo tanpa deposit atau kredit...
- Berlatih mengikut kemampuan anda
- Syarat pasaran sebenar
- Octafx demo account
- Octafx demo account features
- Pros and cons
- What is the difference between a demo and live...
- Does octafx offer a demo account?
- Can I convert my demo account to a live trading...
- Free forex demo account
- Learn forex completely risk-free
- Access the demo account without deposit
- Practicing at your own pace
- Real market conditions
- Access to MT4 and MT5
- Metatrader 4 web-platform
- Metatrader 4 desktop
- Metatrader 4 android
- Metatrader 4 ios
- Metatrader 5 web-platform
- Metatrader 5 desktop
- Metatrader 5 android
- Metatrader 5 ios
- Perfect for testing trading strategies
- Learn with demo contests and win prizes
- Moving forward to real trading
- Free forex demo account
- Learn forex completely risk-free
- Access the demo account without deposit
- Practicing at your own pace
- Real market conditions
- Access to MT4 and MT5
- Metatrader 4 web-platform
- Metatrader 4 desktop
- Metatrader 4 android
- Metatrader 4 ios
- Metatrader 5 web-platform
- Metatrader 5 desktop
- Metatrader 5 android
- Metatrader 5 ios
- Perfect for testing trading strategies
- Learn with demo contests and win prizes
- Moving forward to real trading
- Trade with a regulated broker that adheres to...
- Explore our platforms
- Mobile and desktop trading on demo accounts
- Octafx review and tutorial 2021
- Octafx details
- Trading platforms
- Markets
- Trading fees
- Leverage
- Mobile apps
- Payment methods
- Demo account review
- Octafx bonuses & promo codes
- Regulation review
- Additional features
- Account types
- Benefits
- Drawbacks
- Trading hours
- Customer support
- Security
- Octafx verdict
- Accepted countries
- Is octafx a legit company and regulated broker?
- Is octafx a market maker?
- How do I delete my octafx account?
- How do I open a copytrading account at octafx?
- Why was my octafx withdrawal rejected?
- Does octafx offer any free bonus deals?
- Is octafx legal in india and pakistan?
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