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Octa Account Types
Octa offers three main types of trading accounts tailored to meet the diverse needs of traders:
- Octa Trader Account:
- Minimum Deposit: $25
- Spreads: Floating spreads starting from 0.6 pips
- Commission: No commissions
- Instruments: 32 currency pairs, gold and silver, 3 energies, 10 indices, and 30 cryptocurrencies
- Leverage: Up to 1:500 for forex pairs
- Maximum Order Size: 50 lots
- Execution Type: Market execution
- Islamic Account: Available, all accounts are swap-free.
- MT4 Account:
- Minimum Deposit: $25
- Spreads: Floating spreads starting from 0.6 pips
- Commission: No commissions
- Instruments: 32 currency pairs, gold and silver, 3 energies, 4 indices, and 30 cryptocurrencies
- Leverage: Up to 1:500 for forex pairs
- Maximum Order Size: 200 lots
- Execution Type: Market execution
- Islamic Account: Available, all accounts are swap-free.
- MT5 Account:
- Minimum Deposit: $25
- Spreads: Floating spreads starting from 0.6 pips
- Commission: No commissions
- Instruments: 32 currency pairs, gold and silver, 3 energies, 10 indices, 30 cryptocurrencies, and 149 stocks
- Leverage: Up to 1:500 for forex pairs
- Maximum Order Size: 500 lots
- Execution Type: Market execution
- Islamic Account: Available, all accounts are swap-free.
All accounts also feature a 50% deposit bonus and a status program that offers additional benefits as the account balance increases.
Octa Broker Account Opening Process
Opening an account with Octa is a straightforward process. Here are the steps you need to follow:
- Visit the Website: Go to the Octa official website.
- Press the Open Account Button: Click on the “Open Account” button located at the top right corner of the webpage.
- Fill in Your Details: Complete the registration form with your email and password. Confirm your email address after submitting the form.
- Provide Personal Information: After confirming your email, fill in your personal details such as full name, country, phone number, and date of birth.
- Choose Your Trading Account Type: Select between a real or demo account and choose your preferred trading platform (Octa Trader, MT4, or MT5).
- Complete the Registration: Click “Create Account” to finalize the process. You will receive your account credentials via email.
- Make Your First Deposit: You can make your first deposit of at least $25 to start trading.
- Verify Your Account: To withdraw funds, you will need to verify your identity by uploading identification documents.
For further details, you can refer to the sources:
- Octa Account Types Overview
- How to Open a Trading Account with Octa
Account info similar to that of a broker
Octa accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities,
Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.