OctaFX Review

OctaFX Review

Start trading today with OctaFX, which is a leading and rapidly growing Forex Trading site. You can trade the gold with spreads lowered by 25% and include ultra-low spreads from Euros, GBP, USD, and more currencies. With access to lightning-quick liquidity and a powerful multiplier on every deposit you make, OctaFX is a company that has brought some innovative features along its line to service the customers. From their offices in the UK, in Griffith, Beachmont, Kingstown to their online presence and strong customer support, the trading company is making tons of money and user base.

Started in early 2011, in the past 9 years or so they have been able to gather an actively trading customer base of over 1.5 Million accounts, over 288 Million in trading, over 28 Forex industry awards, and a presence in 100 countries. Such credibility and acclaim are prone to scrutiny and we try to learn more about OctaFX here today.

Looking at the comprehensive growth and achieving the highest level of Forex market accessibility, their highlights include cost-effective trading policies, creating favorable conditions for users, a secure environment for Forex trading, and improving the lives of traders with the highest gains. The website is also full of educational and supportive content from analysis to copy-trading. If you are new to his field, there is enough content to help you become an expert. With accessibility through their blogs, mobile app on PlayStore, OctaFX has left no stones unturned.

OctaFX User Interface & Usability

The usability and accessibility of a website, especially a Forex trading site are crucial. It is important that the site learns well, works well, and does not crash. Because you are working with transactions, trading, and so on, the functionality of the wise must be spot-on, and a secure platform is the basis of any such trading. OctaFX is a leading player in this field. The UI can be seen with the top menu bar that lists the important sections or categories of the site.

They are as follows.

  • FX Trading
  • Trading Platforms
  • Referral Programs
  • Promotions
  • Analysis & Education
  • Copy Trading

If you wish to learn more about them, you can simply click on them and get straight to the location. Notice how distinctive the categories are and how they mean that they are useful. When you click on the Trading Platform, you are greeted with several other categories such as Meta Trader 4, MetaTrader 5, and cTrader. They again have further sub-categories that speak a lot of them in great depths.

For example, MetaTrader 5 has further information under Web-platform, Desktop, Android, iOS, and more info. When you click on them, you are taken to the appropriate webpage with the relevant information. If these are not web pages, then appropriate applications such as the desktop application for MetaTrader 5 will download as a .exe file. Similarly, for the application Meta Trader 5, the Android version .apk file will download if you click on it. But for other sections like “Learn More” you will find a description of the same. It seems that MetaTrader 5 and cTrader are the world’s top trading platforms as of 2020.

Memberships & OctaFX Account Opening

If you wish to trade with OctaFX you have to begin by opening an account. Also, you must have information about things like Forex. The Meta Trader 5 works on a web browser and using it without any downloading or installing you can trade Forex and CFDs directly from the browser. These allow easy trading, algorithmic trading, and OctaFX MT5 Demo and Features. With the next-generation platform replacing the old one, you should not be worried about missing the familiarity.

Membership with OctaFX is like signing up for a new Facebook or Instagram account. You need all basic info like name and email, enter your password and you are good to go. You can even sign up using your existing Google or Facebook account login credentials. Do this only if you wish to have them linked. So far, there is no fee or membership type. But, they do have special programs for users. These are divided into four types.

  1. Bronze Status – that allows no commission on trades and transfers.
  2. Silver Status – where trading signals by auto-chartists and premium gifts are a part of the deal.
  3. Gold Status – is the one where you get lower spreads, faster bonus withdrawal, and accelerated deposits and withdrawals.
  4. Platinum Status – is the final package where you get to enter VIP events, are given a personal manager for your accounts and have to bear no charges for trading, and much more.

User Experience

The usability of their website is sluggish if you believe in slow data speed conditions because it relies heavily on images and visuals. The “About Us” section is supposedly the largest and longest single web page with parallax scrolling, which loads quickly but can slag if you want to move quickly from one point to another.

However, with the categories and stuff neatly listed and divided into sections, everything pays off at the end.

Sponsorships & Company

As we have mentioned that the company has been around since 2011 and it has one of the most extensive “About Us” pages where you can find loads of information that establishes the credibility and authenticity of the website. You have their entire journey, milestones, testimonials, their services, and highlights of other things during the career span in the trading industry. Currently, they have sponsorships from three partners: Rip Curl Cup, Southampton FC, and Bali Sports Federation.

OctaFX Categories

As we have already mentioned about the User Interface and the Menu at the top that has all the related Promotions and other useful info, the categories at the very bottom of the page are also useful. There are three important bits here about OctaFX in 3 sections: Company, Media, and Sponsorships. They combined together help in describing the authenticity and workmanship of the company. The awards that they have received and the milestones that they have achieved are all here for scrutiny.

Further note that there are two apps listed for PlayStore: Trading App, Copy Trading App. You also find links to their Facebook, Twitter, YouTube, Instagram, and RSS feed. With their blogs and further content, there is,

  • Risk Disclosure
  • Privacy Policy
  • Return Policy
  • Customer Agreement, and
  • AML Policy as well as at the very bottom of the page

Pros

  • It is a nicely built website with sincere effort into categories that are useful for the traders.
  • You can learn about the Forex stuff and using their services from the “Analysis & Education” category.
  • It has the most extensive “About Us” page and “Contact Us” info.
  • Customer support is delightful.

Cons

The mobile sites may feel sluggish because of the extensive use of visuals, fancy animations, and charts.

OctaFX Summary

In all, OctaFX is a Forex trading site that does decent with the latest tech. It introduces new users with the tools, available at all possible web browsers, and mobile OS, and desktop OS. It is available with educational videos, blogs, and analysis content for newbies. You also have two different apps for Trading and Copy Trading available on the PlayStore. With links to social media for following them, everything is transparent, seems very neat and authentic for a secure trading experience.