Have you tried their AI chart feature in practice, what do you think about it?
1 day ago
By: ReubenDongoran8676
1 Answers
This feature aims to streamline the process of chart analysis and provide traders with faster and more accurate pattern recognition. The AI can quickly identify patterns with a single click, displaying them instantly on the chart.
4 hrs 35 mins ago
By: anjati9410
What trading conditions of Octa has proven without doubt to be very profitable while trading?
28 days ago
By: VijayPillai
3 Answers
While there’’s no single "guaranteed profitable" trading condition, Octa’’s trading conditions, such as low spreads, no commissions, and a variety of trading instruments, can contribute to a potentially profitable trading experience.
4 hrs 10 mins ago
Octa allows traders to use leverage up to 1:1000, which can amplify potential profits, but also requires careful risk management. This feature ensures that traders cannot lose more than their deposited funds, offering an extra layer of security. Octa supports a wide range of deposit and withdrawal methods, offering convenience for traders.
27 days ago
By: KRugthar85
Octa’’s trading conditions, specifically their low spreads, commission-free trading, and negative balance protection, have been cited as contributing to a profitable trading environment for many users.
By: shaspi9915
Does Octa cater to muslims and are the Sharia principles taken into consideration?
Apr 10, 2025
By: Pradeep_sangha
Yes, OctaFX caters to Muslim traders and adheres to Sharia principles in its trading platform. All of their accounts are Islamic-friendly, meaning they are swap-free and Sharia-compliant, allowing for halal trading. This is achieved by adhering to the three core principles of Sharia-compliant trading: no riba (interest), no maysir (gambling), and no gharar (uncertainty).
19 days ago
By: NaharidF85
OctaFX’’s Islamic accounts do not charge swap fees, which are considered a form of interest in conventional trading. The Islamic accounts prohibit trading in certain industries like alcohol, gambling, and tobacco, which are considered haram.
Yes, Octa FX caters to Muslim traders by offering Islamic accounts that adhere to Sharia principles. These accounts are designed to be halal by eliminating interest (riba), avoiding uncertainty (gharar), and prohibiting trading in certain sectors considered haram (e.g., alcohol, gambling).
I often scalp my trades and take almost 10 trades a day. Is this broker suitable for my trading strategy?
Mar 28, 2025
By: Dharya_Vad
I trade and plan to continue trading with the Octa broker in the foreseeable future. I am willing to share my experience on this platform. Octa is a transparent international broker with low spreads and no swaps.
4 hrs 12 mins ago
When trading through the Octa platform, you are free to trade with a couple of strategies that really align with the market’’s flow.
Yes it is. Only thing is you have to watch out the spread.
Apr 08, 2025
By: abuisaacm
What is that halal trading account, and why does everyone say that Octa is halal?
Feb 09, 2025
By: AbhayaDesai510
A "halal trading account" is designed for Muslim traders to ensure their financial activities align with Islamic principles. OctaFX is often considered "halal" because it offers swap-free accounts, meaning they don’’t charge or pay interest, which is prohibited in Islamic finance.
It`s the Islamic account for Muslim traders that Octa offers, without any interests, swaps, fees.
Mar 04, 2025
By: DyausRaval
So basically halal trading account is type of trading account that adheres to the Islamic laws, and main are: - absence of interest payments (swaps) - absence of high uncertainty (gambling) - prohibited items for trading So Octa is considered halal because they have swap free accounts and they don’’t offer something that is haram, as currenices are halal. About the gambling, it’’s up to trader, but they provide solid trading conditions. Hope it helped.
Feb 17, 2025
By: TobiahPandia122
Can the difference in spreads offered by this platform affect the trading results enormously?
Jan 16, 2025
By: Vishal_Desai25
4 Answers
Yes, the difference in spreads offered by a trading platform can significantly impact trading results, potentially making them more or less profitable. Lower spreads are generally preferred, as they reduce the cost of entering and exiting trades, ultimately allowing traders to realize more profit from price movements.
nah it cannot, unless you trade at a time where the news are being released. The spreads are more or less average almost all the time, but they may get wide for a half an hour or so when the major news are being released, like CPI or Non farm payroll. If you follow an economic calendar and avoid trading at those times, you will practically feel no difference.
Jan 26, 2025
By: Veer_A
We choose floating spread over a fixed spread as it is often lower than average. Trading derivatives on indices is less costly than trading the underlying index, with similar scope for profits.
Jan 22, 2025
By: PalrtVerma
Octa is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement.
Jan 17, 2025
By: SBertgum97
What type of services does Octa offer and are they reliable?
Dec 14, 2024
By: Dyal_Gaur
Better you create demo account to see all available pairs and indexes. I have been using Octa since 2020. I do long trades, scalpe trades and now i do algo trading too. All good. Their customer service is great.
It will take years to describe all of them here. I would recommend to you to sign up on your own and check everything out what services are available there. But I can share the main service that definitely stands out among other brokers is how Octa provides demo competitions for real rewards. Yeah, I’m not kidding at all right now, you can win 500$ for 1st place in the tournament but the number of participants is huge and the competition isn’’t going to be easy for you.
Dec 18, 2024
By: RishuJ
OctaFX offers a variety of trading platforms and tools. OctaFX provides educational materials to help traders. OctaFX offers over 300 trading instruments, including shares, commodities, and indices. OctaFX offers portfolio management services.
Dec 16, 2024
By: sahann1974
Is there any significant advantage of the Octa trading app over the Metatrader’s apps?
Nov 06, 2024
By: Isitan_Sheedi
ability to trade in micro-lots, copy trading, and strong educational resources, I rate OCTA as a suitable broker for beginners. Experienced traders can take advantage of the advanced features in the MetaTrader platform, such as automated trading.
There’’s something called Space, where you can see some insights into trading. Some ideas for assets, and its a place where you can learn, so I guess this is the advantage of Octratrader over the MTs.
Nov 15, 2024
By: UsmanChoudhry
MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS. Octa is a transparent international broker with low spreads and no swaps. The Octa trading app enables you to trade different assets on embedded trading platforms.
Nov 07, 2024
By: arjpkm3438
Which Octa trading account do you recommend a beginner starts with?
Oct 13, 2024
By: Satish_Naruka
For sure, demo account, it`s obvious for beginners. Majority of us started on virtual accounts and then after gaining some benefits from mistakes switched to real. I advise you not rush and try the octa`s platforms first and after few months, when you get used to, leap to real one.
Nov 22, 2024
By: JeetSan
full trading experience while using only virtual funds without risking any real money. The Octa trading demo account boasts all the features of the real one.
By: ParpkinB81
Hmm, OctaTrader looks the most suitable for beginners. Although I may be wrong. Nevertheless, OctaTrader account has everything that beginners need in trading. And in my opinion, this trading platform is less difficult to manage than other platforms. It seems to me that for beginner, the ease of managing platform is what has the biggest impact on trading. And in addition, this platform is as effective as MT platforms
Nov 05, 2024
By: Kamlesh_Kamlesh
The Micro account is best suited for beginners as it has lower minimum deposit requirements and allows you to trade in smaller lot sizes. The Pro and ECN accounts are more suitable for experienced traders who have a higher risk appetite.
Oct 15, 2024
By: SPapkPal81
Have you competed in demo challenges for real money here, what is the strategy I should use to claim these $500 for myself?
Oct 12, 2024
By: Sharya_Nai
There are two ways to claim a bonus. ability to trade in micro-lots, copy trading, and strong educational resources, I rate OCTA as a suitable broker for beginners. Experienced traders can take advantage of the advanced features in the MetaTrader platform, such as automated trading.
Honestly I haven’t but I know someone who did and the main strategy you should focus on should be your risk management strategy. It can help you balance your account and also grow it other than just blowing it up.
Nov 08, 2024
By: Radheshyam_Pratap
I have tried once. It’’s a cool way to stimulate tradrs. But it was only once and I have no idea which strategy you have to implement to grab these 500 bucks. I reckon... a lot depends on the proficiency level, cuz there are not only newbies who actively compete each other in this championship. There are advanced traders with time-proven strategies. Try smth from tech, analysis, like combination of MACD with some other indicators like... AO oscillator and all that.
Oct 22, 2024
By: Ghanshyam_Patel
What you find special when using services of this broker? Was anything that seeme different from other brokers?
Sep 23, 2024
By: Zaram_Satti
they provide accounts and platforms separately and it is indeed convenient for many traders. Octa is considered Average Risk, with an overall Trust Score of 72 out of 99. Octa is not publicly traded and does not operate a bank.
This platform offers me a bespoke octatrader platform that saves me time, opens me up to opportunities and most importantly profits! This platforms market analysis stood out from other platforms to me because their currency rates where always current.
Sep 28, 2024
By: Anuraag_S
they offer real and demo accounts. Both are available on OctaTrader, MetaTrader 4, and MetaTrader 5. Real account allows you to operate real funds. All your profit and loss is real money. Demo account has simulated funds but real market conditions..
Sep 25, 2024
By: asaderfi82
Have you seen the new AI feature, OctaVision? The one that gives you reviews on your previous completed trades, and says how you could''ve improved the profits. What do you think about it, have it helped you trade? How to best use it, you think?
Aug 27, 2024
By: JinawiM
Yes, OctaVision is a new AI feature within the OctaTrader platform, as it provides traders with AI-powered analytical tools, including detailed feedback on their trading strategies and personalized advice. It also includes features like AI Pattern Recognition which analyzes historical data to highlight actionable trends. The consistently profitable traders share specific rare characteristics.
3 hrs 57 mins ago
An interesting thing fosho, but gotta be used appropritately. What u need to do not look at single trade, but collect like general mistakes and try to improve the most reoccuring ones, id do it like this.
Aug 28, 2024
By: Damar_Salahudin
AI-driven platform that harnesses vast datasets to anticipate market movements and make autonomous trades. AI has the potential to enhance trading strategies and potentially convert losses into profits by analyzing vast amounts of data.
By: Abdpkr1992
With Metatrader getting banned in some countries, at least in Google Play, I''m thinking of trying out their Octa platform for trading. It''s good that they have their own platform, but how does it compare? Does it have any unique features or something lacking that I should know about? Anybody trading through their web trader here?
Jul 16, 2024
By: WahiEhsaan
Man ima be honest, idk about the webtrader. But, I have Octa on my phone, and it is pretty good. I just settled with Octa, don’’t know why I didnt go with MT, but I am pretty ok with Octa. Good thing here is you can customize it, and it is on the same high level when it comes to trade execution as MT. it has all you have, so I guess its a nice replacement for MT.
Oct 03, 2024
By: Darpan_Bera
Nothing is lacking, at least for me. I see it as a great app, somehow a combination between MT4 and MT5. It has the simplicity of MT4 and the tools from MT5.
Aug 09, 2024
By: TalhaHakim
I am sure that you can get used to any interface and any type of trading. I mean, most likely, trading on web platform may seem unusual to someone. But trust my experience, after a couple of hours of working on this platform, you will get used to all its features.
Jul 26, 2024
By: Lee_Tsotetsi
How would you rate the quality of their customer support of Octa broker if you had the opportunity to interact with them?
Jun 27, 2024
By: YakubuOluwaseun
Some say Octa’’s customer support is highly responsive. Octa’’s customer support is said to be staffed by knowledgeable and friendly people. Octa’’s customer support is said to be committed to resolving issues efficiently.
Nov 25, 2024
By: sajankatun
I ain’’t wanna imagine, I just can tell you about my real experience of chatting with their client support agents. They seemed to be affable and helpful, you know, when you ask the question they immediately react and try to resolve your problem or just answer this question. If needed, they can give you full-fledged instructions how to resolve the problem step by step. For instance, I asked them about pricing policy and they clearly conveyed all the info.
Jul 02, 2024
By: IfunanyaIfeoma
The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, Octa offers impressive customer support to assuage any potential challenges traders might face.
By: Ankerr1996
What documents do you accept for verification?
Jun 19, 2024
By: Adnan_J
OctaFX accepts government-issued photo IDs, such as passports, driver’’s licenses, and national identity cards, to verify user profile. user can also submit a residence permit.
document verifying customer identity. It can be a passport, national identity card, or any other government-issued photo ID.
By: umegtr8650
Hi! Thanks for your interest in Octa. It’’s a delight to see that you are interested in trading with us. The acceptance of the verification documents depends on the country of origin and the country of stay. Generally, it would be your IC/ID (Identity Card), Driving License, and/or Passport. For more details, please contact us via support@octafx.com. We are always available for you.
Jun 20, 2024
By: OCTA
Are you satisfied with its market range and the instruments available for trading on this platform?
Jun 18, 2024
By: DonaldTaylor
difference in spreads offered by a trading platform can significantly impact trading results, potentially making them more or less profitable. Lower spreads are generally preferred, as they reduce the cost of entering and exiting trades, ultimately allowing traders to realize more profit from price movements.
Completely I can tell you about my experience. For me, this platform has everything I need. And even more. To be honest, I still haven’’t tried trading each of assets that available to me on platform. Here are really a lot of them. Such diversity, in my opinion, makes it easier for me to find patterns. I use these patterns to open trading orders.
Jul 09, 2024
By: Prabhat_11
Hi! Thanks for taking an interest in Octa. We offer currency pairs, cryptocurrencies, energies (oil and gas), indices, and Gold and Silver. Under MT5, you may even trade metals and 10 index CFDs. Also, Octa has released its own trading platform, OctaTrader. Currently, it offers a floating spread, 32 forex pairs, 2 metals, 3 energies, 10 indices, and 30 cryptos. If you would like any specific instruments to be added, please contact us at support@octafx.com. We would love to hear your feedback.
What spreads do you have? Are there any fees?
Jun 04, 2024
By: Patman_Turabi
Octa offers floating spreads, meaning they fluctuate based on market conditions. They don’’t charge any commissions, deposit fees, withdrawal fees, or swap fees. For major currency pairs, spreads typically start around 0.6 pips. Octa’’s spreads are variable, changing throughout the day based on factors like market liquidity, volatility, and trading session.
OctaFX offers tight spreads and no fees or commissions for trading instruments. Spreads vary depending on market conditions, such as during major news releases, high volatility periods, and at market open. OctaFX doesn’’t charge any fees or commissions for trading, including no deposit or withdrawal fees.
OctaFX offers low spreads and no fees or commissions for trading instruments. OctaFX offers spreads starting at 0.6 pips for major currency pairs and 200+ other assets. OctaFX doesn’’t charge any fees or commissions, including swaps or inactivity fees. All fees are reflected in the spread.
Hello! We offer a floating spread that is often lower than average. However, it may fluctuate during market opening, rollover, major news releases, or a high-volatility period. If you wish for lower spreads, opting for Gold or Platinum status is a viable option, which both tighten them. There are no charges for deposits and withdrawals with Octa and no trading commissions or swaps on trading accounts. If you would like some assistance, please get in touch with us via support@octafx.com.
Jun 21, 2024