Abstract:Octa Markets was established in 2017 with the aim of developing into a reputable, reliable, fair, and transparent forex trader. Octa Markets was authorized and regulated by the Cyprus Securities and Exchange Commission in 2018 (license number: 372/18).
Basic Information & Regulators of OctaFX
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 from 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.
Offering of Investments
The amount of instruments has increased:
Tradeable Symbols (Total). WAS—80. NOW—230 including:
CFDs on stocks: 150 (NEW) Reference
Forex Pairs (Total): 35
Gold and silver
3 energies
10 indices
30 cryptocurrencies
Here is a list of important financial assets available at OctaFX.
Forex: EURUSD, GBPUSD, GBPJPY, USDJPY, USDCHF, AUD/USD.
Stock Indices: AUS200, UK100, FRA40, JPN 225,GER30, ESP35, EUSTX50, US30,NAS100,SPX500
Cryptocurrencies: Bitcoin, Bitcoin Cash, Binance, Ethereum, Ethereum Classic, Polkadot, Litecoin, Solana, Dogecoin.
Metals/Commodities: Gold XAGUSD, Silver XAUUSD
CFDs on stocks: Apple, Google, Amazon, Tesla, Wallmart, Nvidia etc.
Energy: XBRUSD, XTIUSD, XNGUSD
Commissions and Fees
We now offer OctaFX MT4 and OctaFX MT5 (which used to be MT4 Micro и MT5 Pro).
We no longer offer cTrader.
Spreads are now equal on OctaFX MT4 and OctaFX MT5.Typical spread on EUR/USD is 0.7 pips on both types.
OctaFX MT5 has 230 instruments. OctaFX MT4 has 74 instruments.
Average Spread EUR/USD - 0.7 pips
All accounts on OctaFX are swap-free—we don’t charge an overnight fee from traders.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.