OctaFX Forex Broker

OctaFX Review SummaryFounded2013RegulationNo regulationMarket InstrumentsForex pairs, Metals, Energies, Indices, Cryptocurrencies, Stocks and Intraday assetsDemo Account✔LeverageUp to 1:1000SpreadFrom 0.6 pipsTrading PlatformOctaTrader, MT4 and MT5Min Deposit$25Customer SupportWebsite: https://octamarkets.net/landing/earn-more/Email: support@octafx.comPhysical Address: 60 Philpot street El 2DWLondonOctaFX Information OctaFX, founded in 2013, is an established brokeraged registed in China. It offers three different account types, including demo account and Islamic account. But it is currently unregulated and lacks security.Pros and ConsPros Cons Diversified trading productsNo regulationSupport MT4 & MT5The deposit threshold is up to $5,000Offer Islamic accountOffer demo accountIs OctaFX Legit? The current information shows that OctaFX has no valid regulationWhat Can I Trade on OctaFX? OctaFX offers traders the opportunity to trade Forex pairs, Metals, Energies, Indices, Cryptocurrencies, Stocks and Intraday assets.Tradable InstrumentsSupported Forex pairs✔Metals✔Energies✔Indices✔Cryptocurrencies✔Stocks✔Intraday assets✔CFDS❌Account Types OctaFX offers a total of 3 different types of accounts to traders - OctaTrader , Meta Trader 4 and Meta Trader 5.OctaFX Fees OctaFX offers low spreads from 0.6 pips, don't charge commissions for deposits, and cover the fees applied by payment systems for both deposits and withdrawals.Leverage OctaFX's maximum leverage levels is from 1:1000, and it is applied depending on the amount of trading account's personal funds:Trading Platform OctaFX's trading platform is MT4, MT5 and their own platform called “OctaTrader”, which supports traders on the web and mobile.Trading PlatformSupported Available Devices Suitable for MT4 Margin WebTrader✔Web, MobileBeginnerMT5✔Web, MobileExperiencedOctaTrader✔Web, MobileAllDeposit and Withdrawal The broker supports four payment methods: VISA, bitcoin, skrill and so on. The minimum amount are as follows and the fees are free. DepositsPayment methodMinimum amountExecution timeNeteller50 USDInstantSkrill50 USDInstantLitecoin0.3 LTC3-30 minutesDogecoin230 DOGETether50 USDTEEthereum0.2 ETHBitcoin0.00037 BTCMastercard50 EURInstantVisa25 USD1-5 minutes WithdrawalsPayment methodMinimum amountExecution timeNeteller5.00 USD1-3 hours to approve the withdrawal and up to 5 minutes to transfer the funds.Skrill5.00 USDLitecoin0.11 LTC1-3 hours to approve the withdrawal and up to 30 minutes to transfer the funds.Dogecoin75 DOGETether10 USDTEEthereum0.005ETHBitcoin0.00009 BTCVisa20 USD1-3 hours to approve the withdrawal and up to 1 hour to transfer the funds.