Who are OctaFX?
OctaFX, otherwise known as Octa Markets Incorporated is a forex broker recognized worldwide. They provide forex brokerage services to their clients in over 100 countries around the world.
They’re known for using the most up-to-date technology and knowledge to make your forex trading experience incredibly convenient. Their top goal is the trust and satisfaction of each client’s needs and requirements. They set the highest service level standards and maintains them, as well as constantly developing new services and promotions.
OctaFX were registered in 2011 in Saint Vincent and the Grenadines and act in full compliance with international legislation and regulation standards. They strongly believe that honesty is the best policy.
OctaFX has developed a variety of options to make your forex trading even more convenient. We offer live ECN accounts as well as micro accounts. The lowest spreads, real-time market execution and true ECN broker offset are among the top advantages of trading with them.
Also offering their clients a fully decked out forex education section unique to their website. A FAQ section provides answers to some of the most popular questions about Forex trading, while the glossary covers every vital term you need to know.
Working as a client-oriented company, OctaFX are working hard to further improve their services. Stability, perfection and close attention to detail is what makes them different from other forex brokers.
Why choose OctaFX?
OctaFX values every customer and does everything possible to make their Forex Trading experience positive and profitable. It has always been their top priority to provide clients with high quality services in accordance with international standards and regulation. Their aim is making a trading experience convenient and outstanding, striving to drive forex trading to a completely new level.
OctaFX are an ECN forex broker, working with various liquidity providers around the world. Their clients’ orders are sent directly to one or several liquidity providers to be executed on their end. Their system is designed to offer the best prices available at each moment to the clients.
The more liquidity providers a forex broker has, the better the execution for the client is. More liquidity available generally means less price slippage. What makes OctaFX a true ECN broker is that they don’t internalise the orders; instead they send them to liquidity providers, acting as an intermediary between the client and the real market.
One of the biggest advantages of trading forex with OctaFX is the fact that they can offer negative balance protection. Their clients’ losses cannot exceed their deposits, and if a client’s trading account balance becomes negative, this does not mean the client is liable. The broker will compensate the client’s trading account balance back to zero.
Regardless of the market circumstances OctaFX protects the client from losses exceeding their deposits. This can come in handy in a constantly changing forex market.
Keep in mind that OctaFX also acts in compliance with international standards keeping customers’ funds segregated from company assets.