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