OctaFX Journal

Journal status: live
OctaFX joined in | not yet
OctaFX Profile
Year
2011
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х US
Broker type
STP, DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
100 ms
LPs total
1
LPs quality
MTFs
LPs names
LMAX

OctaFX Accounts
STP
ECN
Minimum Deposit
100 $
100 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.2 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
Unlimited
Unlimited
Margin Call
45 %
25 %
Stop Out
30 %
15 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Update broker

Is OctaFX safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is OctaFX trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • OctaFX website: highly detailed, updated ★★★★★
  • OctaFX popularity (by visitor count): top visited ★★★★★

How OctaFX works

4.1. The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.

10.5. The Company at its sole discretion will specify the current market price.

4.9. In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse.

https://www.octafx.com/company/customer-agreement/

Add new comment