Note: OctaFXs official site - https://www.octafx.eu/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

　　Risk Warning

　　Online spanading involves significant risk, and you may lose all of your invested capital. It is not suispan for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

　　OctaFX is regulated under Octa Markets limited in St. Vincent and the Grenadines (SVG) and Octa Markets Cyprus Limited in Cyprus. European clients will choose the broker‘s EU entity, whereas international clients are served by OctaFX’s entity in Saint Vincent and The Grenadines (SVG). In Cyprus, it is duly recognized and licensed by the Cyprus Securities and Exchange Commission (CySEC) with license number 372/18 and registration number HE359992.

　　Note: The screenshot date is January 17, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

　　Market Instruments

　　OctaFX advertises that it offers a wide range of trading products which include forex pairs, CFDs on commodities, indices, precious metals and energies.

　　Account Types

　　OctaFX seems to only offer a single Standard account with a minimum initial deposit requirement of $100. The account is swap-free - it doesnt charge an overnight fee from traders.

　　Leverage

　　The leverage is capped at 1:30. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

　　Spreads

　　OctaFX claims that the average EUR/USD spread is 0.5 pips.

　　Trading Platform Available

　　The platform available for trading at OctaFX is one of the most notable and preferred trading platforms the market offers - MetaTrader5. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

　　Deposit & Withdrawal

　　Clients of the brokerage may deposit or withdraw via Visa, MasterCard, bank transfers, as well as Skrill. The minimum initial deposit requirement is said to be $100.

　　Customer Support

　　OctaFXs customer support can be reached by telephone: +357 25 251 973, email: upport@octafx.com. You can also follow this broker on social networks such as Twitter, Facebook, Instagram and YouTube. Company address: 1, Agias Zonis and Thessalonikis Corner, Nicolaou Pentadromos Center, Block: B', Office: 201, 3026, Limassol, Cyprus.

　　Pros & Cons

　　Frequently Asked Questions (FAQs)