OctaFX Launching in Europe: A Global Forex Broker that Means What it Says and Sticks to its Word

OctaFX brand has been established in 2011, provides a state-of-the-art online trading experience to seven million accounts.

The company is well-known for its competitive spreads and transparent approach. Even non-clients are familiar with the brand thanks to its community and charity activities. It makes sizeable donations, several times each year, to support infrastructure and humanitarian projects in joint ventures around the globe.

Since entering the European market, the company has followed the same client-centric philosophy that has worked so well internationally.

OctaFX goes the extra mile in several ways. It provides protection to ensure that traders with losing positions don’t end up with a negative balance. It has full transparency, with no hidden fees — and “no hidden fees”, it stresses, means exactly what it says.

The company offers no-swap fees, which accommodate long and short positions when trades extend overnight; clients aren’t charged for swaps. OctaFX also champions commission-free transfers, with no fees on withdrawals or deposits.

OctaFX clients gain the ability to trade one of 28 different pairs with leverage up to 1:30, the most popular indices along with gold and silver up to 1:20 leverage, and oil with 1:10 leverage.

OctaFX uses the MetaTrader5 (MT5) platform, a feature-rich mechanism that provides streamlined access the foreign exchange market. Clients can enhance their trading experience by adding their preferred Forex Signals, or by customising their user interface. Mt5 users can embed different tools and use the built-in calendar and Stop-Limit orders.

OctaFX brand has won more than 40 awards since its foundation. Most recently, its CySEC licensed broker in Europe took CFI.co’s “Best FX Trading Experience Europe 2021” honour.