Octafx bonus

Maximum leverage for welcome accounts is 1:500. The welcome bonus may be cancelled by the company at any time.

Huge forex bonuses

In this case, 8 USD will be withheld from your account.

Welcome bonus

This promotion is not currently active.
We’ve gathered our other great promotions, offers, and contests with money and product prizes for you below.

Active offers, promotions, and contests

8 USD for free in your octafx account

How the bonus works

One welcome bonus for everyone:

Anyone can apply for our welcome bonus, but only once. Our smart sign-up system only allows users to open one welcome bonus account.

50% more to your welcome bonus account:

We offer a 50% bonus on each deposit, allowing our clients to open positions of a higher volume. You can add 50% to your welcome bonus and withdraw all these bonus funds. Note that the 50% bonus has its own terms of withdrawal.

Unlimited bonus trading period:

You are free to trade with your welcome bonus account for as long as you like. After trading two lots and making the bonus withdrawable, you can also keep your profit and bonus funds in the account for as long as you like, or withdraw them right away.

Bonus withdrawal:

After trading two lots, you can withdraw the welcome bonus funds and all profit you make above this sum from your trading account, using via the wide variety of options we offer.

Account verification:

To have the bonus credited to your trading account, you need to submit documents for verification. This is a regulatory requirement for providing security for the client funds.

Available for all accounts:

We have three types of account, to meet the needs of all traders. You can request your welcome bonus be credited to an account opened under the trading platform that suits you best.

Get your bonus

Promotion rules

Agent commission is not applied to any activity around welcome accounts.

The welcome bonus is credited to a special separate account (hereinafter—‘welcome account’) and cannot be moved to any other account.

Clients cannot deposit money into the welcome account.

To withdraw funds from the welcome account, the client should complete trades with an aggregate volume of at least two standard lots.

Reverse trading is forbidden and will be subject for blocking the associated welcome accounts permanently. All funds will be withheld from such welcome accounts. Reverse trading means opening the same position in reverse destinations on different welcome accounts. (for instance: opening 0.05 lot buy position on EURUSD under one account and opening 0.05 lot sell position on EURUSD under another account simultaneously.)

Maximum leverage for welcome accounts is 1:500.

Minimum and maximum volume for the welcome account is 0.01 lot.

The maximum number of simultaneously open positions is three.

Opening multiple bonus accounts (including those registered by the client’s relatives, etc.) is forbidden. If the company reasonably suspects that several accounts are managed by the same person or by persons who coordinate their actions, such accounts shall be permanently blocked. All amounts will be withheld from such welcome accounts.

The welcome bonus may be cancelled by the company at any time. In this case, 8 USD will be withheld from your account.

Bonuses cannot be canceled by the client.

Any IP match between two accounts regardless of trading style, name, email, country, etc., shall be considered as multiple account abuse. These welcome accounts will be permanently blocked, and all withdrawals will be declined.

The client can have only one welcome account

The company is entitled to decline the client’s application for the bonus at any time without prior notification or providing any reason.

The company reserves the right to alter, update, or cancel this promotion at any time. The company will notify the clients about any alterations made by posting such notifications on the company news page.

Individuals from certain countries may be restricted from receiving bonuses.

Agent commission is not applied to any activity around welcome accounts.

The welcome bonus is credited to a special separate account (hereinafter—‘welcome account’) and cannot be moved to any other account.

Clients cannot deposit money into the welcome account.

To withdraw funds from the welcome account, the client should complete trades with an aggregate volume of at least two standard lots.

Maximum leverage for welcome accounts is 1:500.

Minimum and maximum volume for the welcome account is 0.01 lot.

The maximum number of simultaneously open positions is three.

The welcome bonus may be cancelled by the company at any time. In this case, 8 USD will be withheld from your account.

Bonuses cannot be canceled by the client.

The client can have only one welcome account

The company is entitled to decline the client’s application for the bonus at any time without prior notification or providing any reason.

Individuals from certain countries may be restricted from receiving bonuses.

Octafx deposit bonus review

Bonus size

Eligibility

Expires

Max. Bonus

Octafx is a broker that allows customers to trade in 28 currency pairs, 10 indices, select cryptocurrencies, commodities such as gold and brent crude oil and more. The company has gathered over a million user accounts and has executed more than 250 million trades. Octafx operates multinational and currently, reaches customers in 100 countries. Interestingly, the company provides on its website a number depicting the total amount of money paid out as bonuses that are updated live. At the moment of writing, the number stands at $2,436,492. This was achieved through an octafx bonus scheme that allows customers to receive up to 50% for free on each deposit. Below we provide the octafx bonus review as well as the details on how to obtain it.

How to claim the bonus?

Octafx 50% bonus can be obtained by the users of all three platforms: MT4, MT5 and ctrader. The first step to getting the octafx deposit bonus is opening an account and making a deposit of over $50. Then, the user has a choice to receive up to 50% as a bonus in order to increase the potential profits of his/her trading operations. There are minor differences in terms of how the bonuses work for the MT4 and MT5 platforms and how they work for the users of the ctrader.

For MT4 and MT5 platforms, the verified user can claim 10%, 30% or 50% on each deposit. The bonus is credited to the user’s account and remains locked until the specified volume requirements are met. After the customer meets those requirements the bonus is deducted from MT4/MT5 credit and is deposited in the balance. The volume requirement is simple, the customer simply has to trade the standard lots equalling the bonus amount divided by two in order to be able to withdraw the bonus. “volume calculation starts from the first bonus and continues consecutively. This means that you can’t withdraw later bonuses before you trade the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is requested. The volume of each deposit is calculated separately,” – states the company. There are other details about bonuses that should be considered as well. For example, the bonuses can be cancelled by the client at any time and the withdrawal of client’s own funds after claiming the bonus will also lead to a cancellation of the bonus. These and other details are listed on the company’s website for the user’s convenience.

Octafx bonus on deposit is also available for the ctrader accounts. In this case, the size of the bonus, as well as the volume requirements, is similar. There is also a distinction between an “active bonus” and a “total bonus”. “active bonus” is the amount of bonus the customer can use to open positions. This number can’t be more than the account’s unrealized profit & loss + balance. On the other hand, ‘”total bonus” denotes the total amount of bonus in a client’s account. Total bonus comprises all the bonuses claimed by the client for the trading account,” – clarifies the website.

Forex bonus review octafx

Octafx offers an $8 forex no deposit bonus as a forex welcome bonus to all new traders. In addition, it offers a 30% deposit bonus on each deposit.

Please make sure you verify your account , as it is needed to receive the $8 no deposit bonus (more info under 'bonus details'). Octafx uses metatrader4 for as its trading platform. Spreads are competitive. Smallest accounts are micro accounts (1 pip = 10 dollar cent).

Bonus details

Getting the $8 forex no deposit bonus is very simple:

Open account at octafx

Verify your account

$8 will be credited to your account.

Getting 30% deposit bonus is equally simple: you will get it with each deposit. There are a couple of rules of course:

Promotion rules forex no deposit bonus octafx

The no deposit bonus will be deposited in a special welcome account

You need to trade 8 standard lots to withdraw the bonus

You need to trade 2 standard lots to withdraw profits

No more than 3 positions open at the same time

Only 1 account per household

Promotion rules for deposit bonus octafx

You need to trade (bonus amount) / 2 (bonus amount divided by two) standard lots to withdraw the bonus.

You cannot withdraw later bonuses before withdrawing earlier ones. So if you deposit twice, your trading volume will first count. Towards the first bonus, and when that forex bonus is free, to the second bonus.

If the account balance is less than the bonus, the bonus will be cancelled.

If you withdraw before meeting the bonus requirements, the bonus will be cancelled.

About octafx

Founded: 2011

Regulated by: international business companies, in saint vincent and the grenadines

Company registration: saint vincent (british commonwealth) license number 19776 IBC 2011

Minimum account size: $5 (micro account)

Minimum position size: 0,01 lot

Leverage: max 500:1

Spread: floating spreads, EURUSD typically around 1.5 - 2.0

Support: good. Contact is possible through chat, email and phone (china, indonesia, malaysia, st. Vincent).

Extra information

Octafx uses only metatrader as its trading platform. It has no webtrader, meaning it is not very suitable for apple and linux users. It also offers no mobile trading for smartphones of its own.

Octafx offers the 12 most important currency pairs plus gold and silver for its micro accounts, and adds more exotic currency pairs to its ECN accounts. No stocks, no (other) commodities.

The $8 no deposit forex welcome bonus is a nice way to get to know octafx, but the fact that you can't use it in a 'normal' account is a drawback. The bonus requirement of 8 standard lots to be able to withdraw the no deposit bonus is higher than usual for forex no deposit bonuses this size.

Payment options include mastercard, visa, moneybookers, liberty reserve, cashu and bank wire.

Octafx sign up bonus

A first time octafx sign up bonus is not offered by octafx.

Traders who register a real account with octafx are not offered with either a first time sign up bonus, or a welcome bonus.

Octafx offers a 100% deposit bonus on each deposit which applies to both new and existing traders when a deposit of at least US dollar 50 is made into the trading account.

To make the deposit withdrawable, traders will have to comply to the trading requirements of a certain amount of lots to be traded. This will be determined by the amount that the trader deposits into the trading account.

Brokers often offer these broker bonusses to new traders in an effort to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.

Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients, but also traders who have strict budgetary restrictions.

Referral bonus

Octafx does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by octafx. The only referral program which is offered, is only available to introducing brokers.

Referral bonuses are offered by brokers to traders in an attempt to draw in new clients and expand their customer base.

Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.

Some of the criteria includes, but is not limited to:

The referral has to register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.

The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.

A certain minimum deposit amount has to be made by the referral.

The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus

Referral bonuses may also have a limited time in which they can be utilized by traders, perhaps in a given month that brokers see a decrease in activity and attempts to counter it by providing such bonuses.

Additional bonuses, promotions and rewards

Octafx does not currently cater for trading bonuses and there are no current initiatives to reward loyal customers.

Trading bonuses serve the purpose of encouraging traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.

Pros and cons

PROS	CONS
1. Deposit bonus offered to new and existing traders	1. Welcome bonus, , no deposit bonus , and first time sign up bonus not offered
2. No referral bonus offered
3. No trading bonus for loyal customers

Conclusion

Octafx offers traders who either register a real account, or those who already possess one, the chance of receiving a bonus every time they fund their trading account.

The conditions involved are stricter than when compared to other brokers who offer this type of bonus. Although there are no other bonusses offered, octafx has a competitive offering in addition to catering for both beginner and expert traders.

Octafx bonus program overview and test

The octafx bonus is offered by the broker to its clients. One of the things you have to look out for in any forex broker you choose to trade with is how much the broker goes out to help its traders. One way in which an online broker proves this is with bonuses. Bonuses are a way for a trader to add to their trading capital so that they can take on more positions in the market. This can set them up for more potential profits.

However, to be able to give these bonuses for free, forex brokers may put up some conditions that traders have to meet. Octafx provides traders with a deposit bonus – and there are also conditions to meet. This guide runs you through octafx bonus and how it works as well as the conditions you have to meet as a trader.

Facts of the octafx bonus:

It is only a deposit bonus offered for each deposit

The bonus is required on volume (payout)

The bonus is withdrawable

The minimum deposit is $50

(risk warning: your capital can be at risk)

What is the octafx bonus? – explanation for clients:

As we mentioned earlier, octafx does not provide clients with enough bonuses. Traders who register a live account with octafx are not offered either the first-time signup bonus or a welcome bonus. But octafx offers only a 50% deposit bonus on each deposit which applies to both new and existing traders when a deposit of at least US dollar 50 is made into the trading account.

Conditions on the bonus:

To be able to withdraw the deposit, traders will have to comply with trading requirements which include that they must trade a certain number of lots. This will be determined by the amount that the trader deposits into the trading account. How do you claim the bonus? Octafx 50% bonus can be obtained by the users of all three platforms: MT4, MT5, and ctrader. The first step to getting the octafx deposit bonus is opening an account and making a deposit of over $50.

In order to withdraw the bonus, you have to do the turnover in a certain amount of trading volume (lots). The following calculation shows your the condition:

Standard lot number = bonus amount in USD / 2

Then, the user has a choice to receive up to 50% as a bonus to increase the potential profits of his/her trading. There are minor differences in terms of how the bonuses work for the MT4 and MT5 platforms and how they work for the users of the ctrader. Specifically for the MT4 and MT5 platforms, the verified user can claim up to 10%, 30%, or 50% on each deposit. The bonus is credited to the user’s account and remains locked until the trader has met all the volume requirements. After that, the bonus is deducted from MT4/MT5 credit and is deposited in the balance.

There are also many rules that octafx has set that you have to pay attention to. For instance, the bonuses can be canceled by the client at any time and the withdrawal of the client’s own funds after claiming the bonus will also lead to a cancellation of the bonus. So, before you commit to taking up the bonus, you have to understand the terms and conditions.

You can activate the bonus as you want

You can deactivate the bonus

You have to do a turnover in order to withdraw the bonus

(risk warning: your capital can be at risk)

Octafx types of accounts with bonuses

There are 3 types of live accounts available for traders with octafx:

Micro

The micro account is available via the metatrader 4 trading platform. This account offers many currency pairs, metals, 3 crypto coins (bitcoin, litecoin & ethereum), and 4 indices. You need to make a minimum deposit of $100 to have access to this account. One crucial feature this account offers is the option to use both a fixed spread and floating spread.

Pro

The pro account works with the metatrader 5 offering 28 pairs of currency, 2 energy and metals, 10 indices, and 3 cryptocurrencies as instruments available for trading. On this account, there is a floating spread starting from 0.2 pips with no commission and a required minimum deposit of $500.

Ctrader

The ctrader ECN trading account comes with a floating spread starting at 0.4 pip. The minimum deposit for this account is $100.

Opening your octafx account

Opening an account with octafx is very simple. You simply need to follow the below steps one by one to complete the registration with them.

You go on to the home page of octafx and click on the open account button at the top of the page.

You provide a series of personal information needed for the registration to get approved. Alternatively, you can also sign up using your facebook or gmail account.

After entering all the required details, you need to click on “open account” button at the bottom of the same page when it pops up.

Once done with all the above, you need to verify the account by clicking on the link sent to your email for verification.

Now you will be redirected to a page where you need to enter your details under “provide your details” section. Here, you have to enter important details about yourself that the broker needs.

On the next page, you need to select account type and other needed information like base currency and leverage. The information demanded here is for your trading platform to be customized.

If that is what you wish to do, you can deposit funds into your trading account by clicking on the deposit button on the right side of the screen. You can make deposits to start trading in earnest.

Octafx trading platforms

Octafx provides traders with an array of trading platforms that they can choose from. We have to note that the trading platform that is available to you is closely linked to the type of live account that you choose.

Octafx trading platforms

Metatrader 4: this is the most popular trading platform in the forex industry, especially when the number of users is considered. MT 4 trading platform is very useful and simple to use for both the beginner and the experienced trader. It has a user-friendly interface which is very easy to use and customization is also possible. So, you can add eas & custom indicators as much as you desire.

With octafx, MT4 is, however, only available for users of the micro account.

Metatrader 5: MT5 is the advanced version of MT4 platform with some new and advanced features. There are many indicators and charting tools which help traders to better their analysis.

Ctrader: ctrader is also another advanced platform offered by octafx, and you get it with their ECN account for more flexible trading with lots of advanced features especially when you compare side-by-side with the MT4 & MT5. There are more advanced charts to understand the market conditions and is available for both desktop and mobile device.

Octafx deposits

Octafx does not include any charges on deposit and withdrawal which essentially means they offer commission-free payment methods. However, the particular payment channels or gateways may charge you for providing their services. Octafx claims that the withdrawal process usually takes 1-3 hours maximum for most methods. After doing a deposit you can claim the bonus.

Listed below are all the payment methods that you can use:

E-wallets: you can make payments into your trading account using various E-wallet providers such as skrill and neteller. There are no charges while making the deposit using these E-wallets.

Cards: you can also use your VISA card to make a deposit without any charges. You will get instant funding when you use your card for depositing. We have to note that the fact that you can use only visa with octafx is somewhat limiting.

Bank deposit: you can also use the bank deposit and bank transfer method to add funds to your account. We have to note that this process can take some time as it requires manual payment. Sometimes, it can take days on end.

Octafx withdrawal methods

On the other hand, you can also get your funds out of your octafx trading account using several means:

E-wallets: you can withdraw funds out of your trading account using your E-wallets account. Note that the E-wallet account must belong to you as octafx will make efforts to confirm this. The reason for doing this is to protect your funds.

Bank withdrawal: to use this method, you need to send your bank account details to octafx to process your withdrawal. This process can take several days on end.

Credit/debit card: traders can also receive funds via their cards. It is usually advisable to use this if this is the method through which you made deposits.

Octafx customer support can help you with the bonus

It is worth noting that octafx’s customer support is quite reliable. There are many channels through which you can reach them;

Chat support:

You can contact them via live chat support which is available 5 days a week. The response time is quite fast, but the downside is that it is not available 24/7.

The best way to contact octafx is via email. You can contact them via email at support@octafx.Com. If you send the email during their business time, they can normally reply & resolve issues within 0-3 hours. However, if you send it during weekends or at other times, you may not get quick replies.

On the downside, octafx does not feature phone calls as a way to reach its customer service. There are other downsides that we see with octafx as well. For instance, their trading instruments are quite limited as they provide only 28 currency pairs and just a handful of other cfds. Then, they do not boast a lot of regulations, a very important factor when choosing a broker.

Conclusion on the octafx bonus program: you should use it

Bonuses are a great way to help you boost your trading account so that you can take up more risks and, therefore, potentially more profits. The problem with most bonuses, however, is that the broker usually sets stringent requirements for you to meet. Thus, you have to understand them before taking up the bonus.

The above gives a guide to octafx bonus. Finally, octafx does not do well with its bonuses because there is only a deposit bonus. But all in all, you should take this bonus because it is completely free and you can activate and deactivate it any time.

(risk warning: your capital can be at risk)

Octafx deposit bonus 50%

Octafx broker clients can enjoy a bonus of 50% of each deposit made. This bonus has an automatic payout system, which is a bonus will be given instantly after certain trading volumes are met. What's more, clients can withdraw the bonus.

To get a bonus, you can simply do a few easy steps below.

Open an account. Choose the type of account according to your taste. Octafx provides micro metatrader 4 account types for small investment, pro metatrader 4 for low spreads and minimal trading costs and ctrader ECN account types for more transparent prices. These three types of accounts are available for 50% bonus.

Enter a minimum deposit of 50 USD through various payment options, namely: fasapay, neteller, skrill, visa and mastercard.

Bonuses will be given and your deposit will increase up to 50%.

Please note that bonuses can only be credited to verified accounts. Clients can claim bonuses of 10%, 30% and 50% on each deposit made. The greater the number of bonuses received, the greater the volume requirements that must be met to withdraw the bonus. Bonuses also cannot be credited if the free margin is less than the bonus amount.

The volume requirements needed to withdraw a bonus are (bonus amount) / 2. The result of this division is the volume requirement to get a bonus. Example: let's say you deposit $ 100 with a 50% deposit bonus. How to calculate, $ 100x50% = $ 50/2 = 25 lots. So you have to complete 25 lots to get a $ 50 bonus.

Bonuses can of course also be withdrawn in cash after the client meets the lot trading requirements. To see the full 50% bonus terms and conditions, visit octafx broker bonus page . Interested in getting the bonus? Immediately open an octafx account and get a bonus of up to 50%.

Octafx review

Editors summary

Octafx is relatively well established in relation to some of the other forex brokers; however, they don't hold any licensing and regulation from recognised sources. This doesn't appear to have done them any harm, and they have over 100,000 traders with new members signing up regularly. They state that they are committed to providing excellent customer service and there doesn't seem to be any reason not to trust them.

Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Introduction

Octafx or octa markets inc. Was established in 2011 in st. Vincent and the grenadines. Since then, they have grown to provide their forex trading services in over 100 countries worldwide and claim to offer the lowest spreads in the industry. They use the most up-to-date technology to provide a "convenient" trading experience for their many clients.

With convenience and high standards being two of their core values, they are continually striving to improve the user experience and make sure they stay at the forefront of the forex market. Their team of experts are always working to provide new services and new promotions while retaining their commitment to the customer experience.

While you may like the look of octafx, how can you be sure that they are the broker for you? Do they offer the right trading experience and how much do you need to invest to open an account? These are all of the things that we research on your behalf so that you can make an informed decision based on our findings.

Account types

While some brokers offer one or two accounts and other brokers as many as eight, octafx seems to fall somewhere in the middle with an offering of three main accounts plus a demo. We take a look at each of these accounts and their trading features:

Micro account

The micro account is designed for the novice trader and is perfect for those just starting. It is built for the MT4 platform and requires a deposit of $100. The spreads available start from 0.4 pips and leverage of up to 1:500 can be achieved.

Pro account

For the slightly more experienced trader, the pro account requires a recommended deposit of $500. For this, you can enjoy spreads from 0.2 pips and up to 1:200 leverage. The account holder then has access to the MT5 platform with various charts and data analysis.

ECN account

Built on the ctrader platform, the ECN account is for the progressive trader. With a $100 deposit, you can enjoy spreads of 0 pips and up to 1:500 leverage. The ctrader platforms mean that you can customise your experience.

Demo account

It wasn't easy to access the demo account as there were no apparent links or promotion of it, however after some searching we discovered the link in the practice area. You can open as many demo accounts as you want to practise and test your strategy.

Trade features and payouts

What can you expect from trading with octafx in terms of payouts, leverage and other trading features?

Leverage

The amount of leverage you can use depends on the account type you open. Leverage is another way of describing how you can multiply your funds. Using leverage of up to 1:500 you can increase your trading capital but remember, the more you leverage, the more of your investment you risk.

Spreads

Octafx claims to offer the lowest spreads available. They certainly seem very low when you look at what can be achieved ranging from 0-0.4 pips for the various account types.

Stop loss

To limit your loss on a position, you can exercise the stop loss feature. Often this is coupled with a take profit option as well. It allows you to trigger an exit from the trade when a specific price is reached. It doesn't require you to be online; you activate it when you have executed the trade.

Platform types

Many brokers use the metatrader platforms unless they have their proprietary software, and octafx is no exception. They offer three types of platform all with their own associated accounts:

Bonuses and promotions

There is a standard bonus offer that is available when you open an account with octafx and when you continue to make deposits. Open an account with a minimum deposit of $50 and get 50% bonus. That's a $75 bonus available to trade with straight away. Every time you make a further deposit you continue to receive the bonus.

In addition to the bonus, there are also two contests available; the champion demo contest with cash prizes of up to $500 and the ctrader weekly contest that offers cash prizes up to a value of $150.

Mobile trading

With octafx you can choose your mobile trading experience. If you are new to trading, then you may prefer the micro account on the MT4 platform which gives you a much more minimalistic view of the platform. If you are feeling a little more confident or have a bit more experience, the charts available with MT5 may be more what you are looking for.

You can download an app for ios and android with whichever version you choose, and the apps are suitable for mobile phones and tablets. This is the perfect portfolio of options for those who have varying degrees of experience and like to trade on the move.

Octafx is fairly well established in relation to some of the other forex brokers.

Deposits and withdrawals

Right at the top of the website is a link to "deposit and withdrawal". Click on this and takes you to a page where you can find all of the information that you need. There are no fees charged on deposits and withdrawals, and there are various methods of making a deposit. If you are using a credit card you will need to deposit a minimum of $5. With skrill and neteller it is $50.

Once you are ready to make a withdrawal request the amount you want to withdraw and the funds will be returned to the method of withdrawal. The minimum amount you can withdraw is limited to $5 with neteller and skrill.

Special features

Often certain features make a broker stand out or that give them an edge. Sometimes there are offered by other brokers because it is hard to be unique, but even so, there are those things that draw you to a particular broker. Trading with octafx offers the following:

Customer support

A good test of a broker is how visible they are and what sort of customer support they offer. If you are a new trader, you want to know that you can get answers to your questions and queries. Octafx provides many methods to get hold of support including a live chat box in the bottom of the screen, telephone numbers and even a what's app number for texts.

In addition to this there is an address for correspondence and email addresses for the various departments. There are telephone numbers for different countries as well. If you want to make your queries a little more public, they also offer links to their social media pages.

We want to help our readers in any way we can, but sometimes it's better to talk directly with your investing site to get the answers you need. For example if you have a specific query about your account you'll need to contact them in person due to security.

Alternatively, if you find that contacting your investing partner isn't working, you can contact us and we will be more than happy to try on your behalf. We have excellent working relationships with many of the sites we list and recommend.

Octafx

Email: [email protected]

Phone: +44 0203 322 1059

Address: octafx, suite 305, griffith corporate centre, beachmont, kingstown, st. Vincent and the grenadines

Conclusion

Octafx is fairly well established in relation to some of the other forex brokers however they don't hold any licensing and regulation from recognised sources like cysec and the FCA. They do state that they act following international legislation and regulation standards. This doesn't appear to have done them any harm, and they have over 100,000 traders with new members signing up regularly. They state that they are committed to providing good customer service, and there doesn't seem to be any reason to believe that they aren't a broker that you should trust.

Their technology and trading platforms offer everything for the new to the more experienced trader, and they are continually looking at ways to improve and update their platforms. With competitive spreads, robust trading features and regular bonuses, octafx seems to offer what many of you are looking for.

Our review rating system (more info)

To ensure our readers know how our experts get to their conclusions, we feel it's essential to be transparent about the rating system we use. All our ratings focus on seven key factors which are shown below. Some of these factors carry more weight than others due to their importance. The importance of a factor has ultimately been decided by our readers and years of their feedback.

50% bonus on each deposit

1. Open an account

2. Make a deposit in your account

3. Increase your deposit by half with our bonus

4. Withdraw bonus funds

your deposit amount	$400
50% bonus we provide	$200
divide your bonus by half	$200/2
number of lots to trade	100 lots

Trade more and get more profit with our bonus

Without bonus

Get more profit using 50% bonus 50% bonus

Manage your bonuses wisely

Know when to apply the bonus: you can activate it for your deposit at any time.

Decide upon the bonus amount you want to apply.

If you cancel the bonus, mind that it will be deducted from your free margin at full.

When your bonus progress hits 100% you can use this money for other accounts and go on investing.

What you can do with a deposit bonus

Every day

Apply for a 50% bonus.

Set a maximum leverage.

Open positions of up to 750 times greater than your initial investment.

On special occasions

Make a deposit and track our offers.

Seize the best trading conditions during our events.

Multiply your profit potential 2,000 times.

Promotion rules

Deposit bonus can only be claimed by a verified customer.

The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.

Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.

The bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc. Unless stated otherwise.

Deposit bonus shall not be credited in case account free margin is less than your bonus amount.

Ctrader deposit bonus can only be claimed by a verified customer.

The client can claim a deposit bonus on each deposit he makes. The bonus amount available is 10% to 50% for each deposit amount. You can also claim 100% bonus during certain special offer periods.

Bonuses are available in multiples of 10%, so you can claim 10%, 30%, 50% or 100% on a deposit, but not 11%, 25%, or 47%, for example.

"total bonus" denotes the total amount of bonus in a client’s account. Total bonus comprises all the bonuses claimed by the client for the trading account. Total bonus is affected when a part of the total bonus is withdrawn or cancelled or when additional bonuses are credited to the client’s account.

"active bonus" denotes the amount of bonus which can be used to open positions by adding it to the account’s equity. The amount of active bonus cannot exceed 100% of the account’s unrealized profit & loss + balance, therefore this value will fluctuate according to live conditions.

Ctrader deposit bonus can’t be used instead of, separately or before the account’s balance. If the account’s balance is zero, so will be the amount of active bonus.

It is required to trade (bonus amount)/2 (bonus amount divided by two) standard lots to be able to withdraw a bonus.

The deposit bonus cannot be added to internal transfer deposits and to deposits from contests/promotions, etc., unless stated otherwise.

The deposit bonus shall be added to the total bonus in your account and remain there until the volume requirements are met or the bonus is canceled. After the required volume is traded the bonus will be withdrawn from the total bonus in your account and an equal amount of money will be added to your account’s balance.

The bonus for each deposit is considered a separate bonus and will have its own volume requirements.

Volume calculation starts from the first bonus and continues consecutively. This means that you can't withdraw later bonuses before you trade the required volume for the first bonus, and so on. The volume calculation starts from the moment the bonus is credited to the client’s account. The required volume for each deposit is calculated separately.

The bonus can be withdrawn ONLY if by the moment of lots calculation, the bonus is still present in the account. If a client had traded the required volume, but the bonus has already been canceled, it would not be added or compensated.

If the trader's own funds are withdrawn after the bonus has been credited, the bonus will be canceled.

A client can cancel deposit bonus at any time. Once deposit bonus is cancelled, it cannot be reinstated.

Octafx may reject client's bonus application(s) at any time without prior notification or providing reasons for such decision.

Octafx may cancel a client's bonus at any time without prior notification.

Any situation not described in these rules shall be subject to the company's decision.

Octafx reserves the right to change, update or cancel this promotion with notification in the company news.

Bonuses explained in examples:
ex.1: you make a 1000 USD deposit and get a 500 USD bonus. Your account balance will be 1000 USD, equity 1000+500=1500 USD, total bonus 500 USD. To be able to withdraw this bonus you will need to trade 500/2=250 standard lots, without time limit. Later you make another 800 USD deposit to your account and get a 400 USD bonus. Your balance will be 1800 (1000 + 800) USD, equity will be 2700 (1000+500+800+400) USD, total bonus will be 900 (500+400) USD. To be able to withdraw the second bonus you will need to trade another 400/2 standard lots.

In this example after you trade first 250 standard lots and complete the volume requirements for the first deposit bonus in your account, the bonus amount (500 USD) will be withdrawn from the total bonus, leaving its value at 400 (900 -500) USD. At the same time the equal amount of money (500 USD) will be added to your account’s balance.

Ex.2: you make 200 USD deposit and get 100 USD bonus. The balance in your account will be 200 USD, equity 300 USD, total bonus 100 USD, active bonus 100 USD. Then you close 1 unfortunate trade with a loss of 110 USD. Account balance will be 90 USD, total bonus will still be 100 USD, but active bonus will be also 90 USD now, therefore equity will be 180 USD.

50% bonus pada setiap deposit

1. Buka akaun

2. Buat deposit ke akaun anda

3. Gandakan separuh deposit anda dengan bonus kami

4. Keluarkan dana bonus

jumlah deposit anda	$400
bonus 50% kami sediakan	$200
bahagikan bonus anda kepada dua	$200/2
bilangan lot untuk didagangkan	100 lot

Lakukan lebih banyak dagangan dan nikmati lebih banyak keuntungan dengan bonus kami

Tanpa bonus

Dapatkan lebih banyak keuntungan dengan 50% bonus 50% bonus

Uruskan bonus anda dengan baik

Ketahui waktu untuk memohon bonus: anda boleh mengaktifkannya untuk deposit anda pada bila-bila masa.

Putuskan jumlah bonus yang anda ingin mohon.

Jika anda membatalkan bonus, sila ambil maklum bahawa ia akan ditolak sepenuhnya daripada margin bebas anda.

Apabila bonus anda mencecah 100%, anda boleh menggunakan wang ini untuk akaun lain dan teruskan melabur.

Apa yang boleh anda lakukan dengan bonus deposit

Setiap hari

Mohon untuk bonus 50%.

Tetapkan leveraj maksimum.

Kedudukan terbuka sehingga 750 kali ganda lebih besar berbanding pelaburan awalan anda.

Pada acara istimewa

Lakukan deposit dan jejaki tawaran kami.

Manfaatkan syarat dagangan terbaik menjelang acara kami.

Gandakan potensi keuntungan anda sebanyak 2,000 kali ganda.

Peraturan promosi

Bonus deposit hanya boleh dituntut oleh pelanggan yang disahkan.

Jumlah bonus ialah 10% hingga 50% untuk setiap jumlah deposit. Anda juga boleh menuntut bonus 100% semasa tawaran istimewa, jika berkenaan.

Anda boleh menuntut bonus 10%, 30% 50%, 100% bagi setiap deposit yang anda buat. Walau bagaimanapun, anda tidak boleh menuntut 11%, 25%, 47% dan sebagainya.

Bonus ini tidak boleh ditambah ke deposit pindahan dalaman dan deposit daripada pertandingan/promosi dan sebagainya melainkan dinyatakan sebaliknya.

Bonus deposit tidak akan dikreditkan sekiranya margin bebas akaun kurang daripada jumlah bonus anda. Adalah dinasihatkan untuk menuntut bonus sejurus selepas deposit anda dikreditkan ke akaun dagangan anda.

Adalah dinasihatkan untuk menuntut bonus sejurus selepas deposit anda dikreditkan ke akaun dagangan anda.

Bonus akan dikreditkan ke akaun anda dan dikunci sehingga keperluan volum dipenuhi. Selepas volum yang diperlukan dilengkapkan, bonus akan ditolak daripada kredit MT4 | MT5 anda dan didepositkan secara serentak ke dalam baki anda. Operasi ini akan diproses setiap jam pada setiap hari.

Bonus untuk setiap deposit dianggap sebagai bonus yang berasingan.

Anda perlu berdagang (jumlah bonus)/2 (jumlah bonus dibahagikan dengan dua) lot standard untuk dapat mengeluarkan bonus.

Pengiraan volum bermula daripada bonus pertama dan seterusnya secara berturutan. Ini bermakna anda tidak boleh mengeluarkan bonus yang kemudiannya sebelum anda mendagangkan volum yang diperlukan untuk bonus pertama dan seterusnya. Pengiraan volum bermula dari saat bonus diminta. Volum bagi setiap deposit dikira secara berasingan.

Contohnya, anda membuat deposit $100 pada hari isnin dan mula berdagang. Pada hari rabu anda menuntut bonus $50. Pengiraan volum untuk bonus anda bermula dari hari rabu, sebarang volum yang didagangkan sebelum hari rabu tidak akan dimasukkan. Adalah dinasihatkan untuk menuntut bonus sejurus selepas deposit anda dikreditkan ke akaun dagangan anda.

Bonus ini boleh dikeluarkan HANYA jika pada masa pengiraan lot, bonus masih ada dalam akaun. Jika pelanggan telah mendagangkan volum yang diperlukan, tetapi bonus telah dibatalkan, ia tidak akan ditambah atau digantikan.

Sekiranya ekuiti akaun anda menjadi kurang daripada saiz bonus, bonus akan dibatalkan.

Jika jumlah dana peribadi pelanggan dalam akaun dagangan selepas pengeluaran/pindahan dalaman menjadi kurang daripada atau sama dengan jumlah bonus, bonus akan dibatalkan bermula dari bonus terkini sehingga jumlah dana peribadi akaun tersebut menjadi lebih tinggi daripada jumlah bonus.

Jika dana pedagang sendiri dikeluarkan selepas bonus dikreditkan, bonus akan dibatalkan.

Misalnya, jika anda mendepositkan $100 ke akaun anda, menerima bonus $50 dan kemudian mengeluarkan $100, bonus akan dibatalkan. Walau bagaimanapun, jika anda mendapat keuntungan, anda boleh mengeluarkan keuntungan yang diperoleh pada bila-bila masa dan ia tidak akan menjejaskan bonus anda.

Pelanggan boleh membatalkan bonus deposit pada bila-bila masa. Setelah bonus deposit dibatalkan, ia tidak boleh dikembalikan semula.

Octafx boleh menolak permohonan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal atau memberikan alasan untuk keputusan tersebut.

Octafx boleh membatalkan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal.

Sebarang keadaan yang tidak diterangkan dalam peraturan ini akan tertakluk pada keputusan syarikat.

Octafx berhak untuk mengubah, mengemas kini atau membatalkan promosi ini dengan pemberitahuan dalam berita syarikat.

Bonus deposit hanya boleh dituntut oleh pelanggan yang disahkan.

Bonus deposit ctrader hanya boleh dikreditkan ke akaun yang telah disahkan sahaja.

Pelanggan boleh menuntut bonus deposit bagi setiap deposit yang dilakukan. Jumlah bonus ialah 10% hingga 50% untuk setiap jumlah deposit. Anda juga boleh menuntut bonus 100% semasa tawaran istimewa, jika berkenaan.

Anda boleh menuntut bonus 10%, 30% 50%, 100% bagi setiap deposit yang anda buat. Walau bagaimanapun, anda tidak boleh menuntut 11%, 25%, 47% dan sebagainya.

"bonus keseluruhan" merujuk kepada jumlah bonus keseluruhan dalam akaun pelanggan. Bonus keseluruhan merangkumi semua bonus yang dikumpul oleh pelanggan berkenaan untuk akaun dagangan. Bonus keseluruhan terjejas apabila sebahagian daripada bonus keseluruhan dikeluarkan atau dibatalkan atau apabila bonus tambahan dikreditkan ke akaun pelanggan.

"bonus aktif" merujuk kepada jumlah bonus yang boleh digunakan untuk membuka kedudukan dengan menambahkannya ke ekuiti akaun. Jumlah bonus aktif tidak boleh melebihi 100% daripada untung & rugi + baki akaun yang tidak disedari, oleh itu, nilai ini akan menjadi tidak menentu mengikut syarat langsung.

Bonus deposit ctrader tidak boleh digunakan bagi menggantikan, secara berasingan atau sebelum baki akaun. Sekiranya baki akaun adalah sifar, jumlah bonus aktif akan turut menjadi sifar.

Adalah diperlukan untuk mendagangkan (jumlah bonus)/2 (jumlah bonus dibahagikan kepada dua) lot standard bagi membolehkan bonus dikeluarkan.

Bonus deposit tidak boleh ditambahkan ke deposit pindahan dalaman dan ke deposit daripada pertandingan/promosi, dsb. Melainkan dinyatakan sebaliknya.

Bonus deposit boleh ditambahkan ke bonus keseluruhan dalam akaun anda dan kekal di sana sehingga keperluan volum dipenuhi atau bonus dibatalkan. Selepas volum yang diperlukan didagangkan, bonus berkenaan akan dikeluarkan daripada bonus keseluruhan dalam akaun anda dan jumlah wang yang sama akan ditambahkan ke baki akaun anda.

Bonus bagi setiap deposit dianggap sebagai bonus yang berasingan dan akan mempunyai keperluan volum yang tersendiri.

Pengiraan bonus bermula daripada bonus pertama dan akan berterusan secara berturutan. Ini bermakna bahawa anda tidak boleh mengeluarkan bonus yang berikutnya sebelum anda mendagangkan volum yang diperlukan untuk bonus pertama, dan begitulah seterusnya. Pengiraan bonus bermula daripada saat bonus dikreditkan ke akaun pelanggan. Volum yang diperlukan bagi setiap deposit dikira secara berasingan.

Bonus HANYA boleh dikeluarkan sekiranya masih terdapat bonus dalam akaun semasa pengiraan lot dilakukan. Sekiranya pelanggan telah mendagangkan volum yang diperlukan, tetapi bonus tersebut telah dibatalkan, ia tidak akan ditambah atau dipulangkan.

Sekiranya dana pedagang sendiri telah dikeluarkan selepas bonus dikreditkan, bonus berkenaan akan dibatalkan.

Pelanggan boleh membatalkan bonus deposit pada bila-bila masa. Sebaik sahaja bonus deposit dibatalkan, ia tidak boleh dikembalikan.

Octafx boleh menolak permohonan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal atau alasan untuk keputusan sedemikian.

Octafx boleh membatalkan bonus pelanggan pada bila-bila masa tanpa pemberitahuan awal.

Sebarang situasi yang tidak dihuraikan dalam peraturan ini adalah tertakluk kepada keputusan syarikat.

Octafx berhak untuk mengubah, mengemas kini atau membatalkan promosi ini dengan pemberitahuan dalam berita syarikat.

Bonus ini dijelaskan melalui contoh:
cth. 1: anda melakukan deposit USD 1,000 dan dapatkan bonus USD 500. Baki akaun akan menjadi USD 1,000, ekuiti 1,000+500 = USD 1,500, bonus keseluruhan USD 500. Bagi membolehkan bonus ini dikeluarkan, anda perlu mendagangkan 500/2=250 lot standard, tanpa had. Kemudian, lakukan deposit sebanyak USD 800 lagi ke akaun anda dan dapatkan bonus USD 400. Baki anda akan menjadi USD 1,800 (1,000 + 800), ekuiti menjadi USD 2,700 (1,000+500+800+400), bonus keseluruhan menjadi USD 900 (500+400). Bagi membolehkan bonus kedua ini dikeluarkan, anda perlu mendagangkan 400/2 lot standard.

Dalam contoh ini, selepas anda mendagangkan 250 lot standard yang pertama dan memenuhi keperluan volum untuk bonus pertama dalam akaun anda, bonus keseluruhan (USD 500) akan dikeluarkan daripada bonus keseluruhan, menjadikan baki sebanyak USD 400 (900-500). Pada masa yang sama, jumlah wang yang sama (USD 500) akan ditambahkan ke baki akaun anda.

Cth. 2: anda melakukan deposit USD 200 dan dapatkan bonus USD 100. Baki akaun anda akan menjadi USD 200, ekuiti USD 300, bonus keseluruhan USD 100, bonus aktif USD 100. Kemudian anda menutup 1 dagangan yang gagal dengan kerugian sebanyak USD 110. Baki akaun akan menjadi USD 90, bonus keseluruhan akan menjadi USD 100, tetapi bonus aktif akan turut menjadi USD 90, dan ekuiti kini menjadi USD 180.