OctaFX Demo Account, octafx demo.

Octafx demo


The octafx demo account features will depend on the trading platform that the trader uses, whether metatrader 4, ctrader or metatrader 5, in conjunction with the demo account.

Top forex bonus list


OctaFX Demo Account, octafx demo.


OctaFX Demo Account, octafx demo.


OctaFX Demo Account, octafx demo.

No, there is no need for conversion.


Octafx demo account



How to set up a octafx demo account – step by step


To register for, and set up a octafx demo account, traders can follow these steps:



  1. To access the octafx demo account, traders will have to go through the full registration process of opening a live account.

  2. Navigate to the octafx website and click ‘registration’ on the home page.

  3. The trader will be redirected to a new page where an online application form will appear, and traders must provide their first and last name, email address, and a password.

  4. Alternatively, traders can opt to register their details by using their facebook or google credentials by clicking on the relevant icons provided, respectively.

  5. To complete registration, the trader must check their email for confirmation. As soon as the trader has received the email, the embedded link to ‘confirm’ can be clicked and the trader will receive another email to confirm registration.

  6. In the email, the trader can click on the ‘start trading’ link to be redirected to the octafx website and the registration form.

  7. Traders will need to provide information such as their residential address and employment details, amidst others, along with providing documents to serve as proof of identification and residential address.



A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.


Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.


Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what octafx has to offer.


Octafx demo account features


The octafx demo account features will depend on the trading platform that the trader uses, whether metatrader 4, ctrader or metatrader 5, in conjunction with the demo account.


In other words, the demo account features can be accessed through the trading platform and will depend on octafx’s offering with regards to asset classes, financial instruments, spreads, leverage, and so on.


Pros and cons


PROS CONS
1. Metatrader 4, metatrader 5 and ctrader are reliable, user-friendly trading platforms 1. Full registration needed to access demo account


What is the difference between a demo and live trading account?


A demo account provides the trader with a practice account that can be used to practice trading in a risk free environment.


Demo accounts are often suited for beginners who need to build up experience with trading as well as advanced traders who would like to test their trading strategies and explore the offering of a broker before registering a live account.


Does octafx offer a demo account?


Can I convert my demo account to a live trading account with octafx?


No, there is no need for conversion.


You have to complete the full registration before you can access the demo account, so octafx will already have the relevant information and documentation should you wish to open a live account.



What is octafx? And how it works?


What is octafx? | india | demo | sign up: hello folks….In this article I will talk about one of the most famous and trending trading brokers i.E octafx.


In this article, I will cover.



  • What is octafx

  • How octafx works?

  • How to get started with octafx?



What is octafx?



If you are an instagram or a facebook user. I bet you must have seen octafx ad. Where a former cricket suresh raina used to come and talk about how to make money via octafx very easily?


But the real question that arises is is it that easy to make money via octafx?


Well, don’t worry I am 2 old experienced trader and I am surely going to cover all your doubt’s in this and upcoming articles.


Let’s get started with what is octafx?


Octafx is forex trading platform. Which allows you to trade i.E BUY or SELL commodities, gold, silver & more.


In case you don’t know:


Foreign exchange market or forex or currency market is a global decentralized or over the counter market for the trading of currencies.


This market determines the foreign exchange rates for every currency. It includes all the aspects of buying, selling and exchanging currencies at current or determined prices.


To be honest, this is by far the largest market in the world then, followed by the credit market.


The main participants in the forex market are the larger international banks & more.


How to get started with octafx?


Getting started with octafx is damn very easy.


OctaFX Demo Account, octafx demo.


OctaFX Demo Account, octafx demo.


Now, you need to confirm your mail.


OctaFX Demo Account, octafx demo.


Secondly, enter your address details like given below.


OctaFX Demo Account, octafx demo.


Now, select your account and click on continue.


OctaFX Demo Account, octafx demo.


Now, enter your profile avatar. Download from google or just upload your image and click on open account.


OctaFX Demo Account, octafx demo.


That’s it. You are done with opening your account. Now it’s time to start trading journey with octafx.


How octafx works?


As said above the forex market is run by global networks of banks spread over four major trading centres in different time zones: london, new york, sydney tokyo.


There are basically three types of forex markets:



  1. Spot forex market: the physical pair of a currency pair. Which takes place at the exact point the trade is settled – on the spot” within a spot of time”.



2. Foreward forex market: it means a contract is agreed to buy or sell a set amount of currency to be settled at a set date in the future or within a range of future dates.


3. Future forex market: it means a contract is agreed to buy or sell a set amount of currency at a set price and date in future. Unlike forward, a future contract is legally binding.


If you are newbie and wanna learn forex market properly, I highly suggest you to complete octafx classes which is completely FREE.


You just need to click this link and you land to the homepage octafx trading academy.


Winding up:


I hope you have found this article helpful. This article was all about what is octafx?, octafx india, octafx demo, octafx sign up, how to get started with octafx?, how octafx works?.


One thought on “ what is octafx? And how it works? ”



  • OctaFX Demo Account, octafx demo.


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OctaFX Demo Account, octafx demo.


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OctaFX Demo Account, octafx demo.


Octafx demo


Make an informed sign up decision to login, use the octafx-demo server, and your trader password but not your investor one. Here, traders can sign up for a contest account through the MT4 platform and compete octafx demo against others for a cash prize at the end. Serta akses ke pasar forex, octafx menawarkan berbagai. Register, learn the rules and earn octafx demo. Octafx’s long-standing demo contest runs for a month and has a $1,000 prize fund. An up-to-date actionable broker summary of OCTAFX account types on offer ranging from micro, demo & live accounts. This contest seems like a fair deal from the first sight. During the first launch, you will be bonos de opciones binarias prompted to open a free demo account allowing you to test all the octafx demo features of the trading platform.


As well as access to the forex market, octafx offers a variety of promotions that can help you:. Select a how is a martingale calculated in binary options trading real account you want to deposit into. You can use any possible trading strategies and eas in this contest octafx demo. Search and save now! Octafx menawarkan akses trading CFD, komoditas dan indeks dengan kondisi trading yang memenangkan penghargaan. Octafx’s long-standing demo contest runs octafx demo for a month and has a $1,000 prize fund.


There are prize denominations of $500, $300 and $100 for the mengisi dana di akun demo anda; temukan di. The prize amounts for the octafx demo first, second, and third positions are $500, $300, and $100, respectively. You don’t trade with real money, so it is octafx demo completely risk-free. In addition to that, if you trade insanely successful, you will get rewarded with free cash. Octafx demo. Register for octafx’s long standing forex demo contest, which has a $1,000 prize fund and lasts for a month. Let’s dive deeper into what truly awaits you at octafx octafx is a forex, CFD and copy trading broker offering the MT4, MT5 and ctrader platforms. The only difference qual o melhor forex ou opções binárias is that the funds on the forex demo account are simulated.


Register for a new demo account to stand a chance of octafx demo winning. The prize amounts for the first, second, and third positions are $500, $300, and $100, respectively. Download download mt4 octafx metatrader 4. First of all, you que son los mercados de opciones binarias get to trade with ctrader platform for free.


The prize amounts for the first, second, and third positions are $500, $300, and $100, respectively. Top up your demo account; octafx - one of the best forex brokers on the market, for traders all round the world. Octafx - one of the best forex mt4 octafx brokers on the market, for traders all round the world. Margin products may not be suitable for everyone, seek independent advice from a. Octafx is a user-friendly and reliable trading platform. Octafx demo get the highest balance and win a prize. Metatrader 4 for windows, android & ios.



�� octafx | champion MT4 demo contest



  • Registration open: all year 2021

  • Contest dates: follow schedule

  • Duration: 1 month

  • To participate: register a demo account



  • Prizes:1 - $500
    2 - $300
    3 - $100
    4 - $60
    5 - $40

  • How to get: A participant with the highest balance wins the contest.



  • Withdrawal: the prize is paid into the client's real account at octafx and can be withdrawn
    in case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).

  • Other conditions: any trading techniques or eas are allowed.



  • Latest promotions:


    Extra promotions:


    Great BROKER.
    Terpercaya, hadiah dapat di wd sesuai dengan promonya.
    Bintang tujuh (Y)(Y)


    Last place $100? Reaallly will be paid? Or just marketing gimmick? Any one been paid for last place?


    Norul islam


    Ibazk


    Saya baru saja menerima hadiah dari octa demo champion dan dananya dapat di
    wd. Octa is OK .


    Fxbonus


    Trader


    From rules:
    the prize is paid into the client's real account at octafx and can be withdrawn
    in case the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).


    Surinder singh


    A new breed of online forex broker, octafx is an award winning ECN/STP broker that is based in saint vincent and the grenadines. This broker was acknowledged by global banking and finance review, an online portal dedicated to covering development in the international financial community, as the fastest growing micro broker in 2012. No doubt, the rapid growth of this broker could be attributed to the high quality services which the broker is providing its clients with. Octafx recognizes that its clients is it most valuable asset and hence strive for perfection. “perfectionism in its best sense, professionalism and goal-orientation is what distinguishes the octafx team”, said the CEO of the parent company, octa markets incorporated.Octafx main trading platform is the industry standard metatrader 4 (MT4). Highly customizable and stable, the trading platform is fully equipped with various technical tools designed to make the trader’s job in analyzing the market easier. The MT4 trading platform is also available for mobiles devices like iphones, android and window powered mobile devices.
    All features of the standard version of MT4 trading platform is also available on the mobile version.


    Account types
    there are two main types of trading account provided by octafx, micro and ECN trading accounts.


    • 12 currency pairs + gold and silver
    • 5 digits quotes
    • expert advisors and scalping allowed
    • leverage level is up to 1:500
    • margin call level is 25%
    • require a minimum of $5 deposit to open
    • stop out level is 15%


    • require a minimum deposit of $50
    • 28 currency pairs + gold and silver
    • 5 digits quotes
    • expert advisors and scalping allowed
    • leverage level is up to 1:500
    • margin call level is 25%
    • require a minimum of $5 deposit to open
    • stop out level is 15%


    Commission & spreads
    the spreads that octafx charges are floating and they all start from 0.2 pips regardless of the type of trading account.


    Customer support
    octafx have always pride itself with a high quality support team that is always within the reach of traders 24/5. To get in touch with the support team, traders can either do it through:


    • live chat
    • filling in the online contact form
    • email at [email protected]
    • phone: 4001-200970 (china)
    1-800-815-304 (malaysia)
    +17844574224 (st. Vincent and the grenadines)


    As octafx is main clientele base is from china and south east asia, multi-lingual support is available in the following languages:


    • bahasa indonesia/malaysia
    • mandarin


    Reliability
    in terms of reliability, octafx have always made this one of its priority. Some of the measures that they have in place include:


    Accounts segregation
    octafx keeps its corporate funds separate from the clients’ trading funds. This is in accordance to international regulations and accounting standard.


    SSL data encryption
    personal data and online financial transactions are protection by encryption with SSL encryption technology.


    Account verification protocols
    all trading accounts have to go through a stringent verification process.


    Secured withdrawal
    all withdrawal requires an email confirmation thus preventing unauthorized withdrawal by a third party.


    3D secure technology for credit/debit card transaction
    3D secure technology is used to process all transaction from visa and mastercard to ensure the integrity of the transaction.


    Security engineer team
    the backoffice of octafx technical environment is monitored 24/7 by a team of security engineers to ensure top level protection.


    Pros
    the advantages of dealing with octafx are numerous. They include:


    • attractive promo offers
    • demo account
    • fast reliable executions
    • free market analysis
    • high quality customer support
    • low minimum deposit requirement
    • provide ecn trading facility
    • stable and reliable trading platform
    • true ECN/STP services


    Cons
    although just a micro broker, octafx have managed to cover practically every aspect of their clients’ needs. So far, I can’t seem to find anything wrong with this broker.


    Conclusion
    to conclude, the award that octafx is well deserved. Despite being a new broker on the forex trading scene, they have managed the hearts and minds of many of their clients with the effort and dedication that they put into providing top notch services to their clients. For those who are in the market for a reliable and efficient forex broker, octafx certainly come highly recommended.



    Octafx broker review


    OctaFX Demo Account, octafx demo.


    �� demo account: yes
    ⚖ allows hedging: yes
    �� allows scalping: yes
    �� headquarters: cedar hill crest, P.O. Villa, st. Vincent and the grenadines
    �� founded: 2011
    �� trading platform(s): metatrader 4 for PC, metatrader 4 for ios, metatrader 4 for android, metatrader 4 mobile
    �� regulating authority(s): FSA
    �� minimum deposit: $5
    �� maximum leverage: 500:1


    Visit octafx
    risk warning: your capital may be at risk


    Our review of octafx


    Octa markets incorporated
    octa markets is built for those who want to day-trade currencies at high leverage and low minimum deposits. Accounts can be opened with a balance of just $5 and leverage is available as high as 1:500. This means that anyone can open an account on octa markets without needing to worry about high barriers to entry in order to engage in currency trading. The platform is also free of requotes and market trades can be made in less than a second. Octa markets accepts most major credit cards, fasapay, moneybookers, bank wire, and most other common forms of online payment.


    The platform can be used either on a computer or through a mobile device. There are applications available for iphone, android, and PC. The standalone PC software gives traders everything they need to start trading from the comfort of home in just five minutes. Those that sign up with a new account are able to get a free eight dollars posted to their account just for getting started. There is no minimum deposit required for this promotion, though individuals will need to make at least two trades in order to make a withdrawal.



    Software trading GRATIS metatrader 4


    OctaFX Demo Account, octafx demo.


    Download metatrader 4 untuk semua jenis perangkat


    Download metatrader 4 di ponsel anda


    OctaFX Demo Account, octafx demo.


    Platform metatrader 4 web


    Platform web MT4 memungkinkan anda untuk trade dari browser pada setiap operating system dengan interface yang terkenal dari platform desktop. Semua tool utama tersedia termasuk one click trading dan chart trading


    OctaFX Demo Account, octafx demo.


    Metatrader 4 desktop


    Metatrader 4 dapat disesuaikan dan nyaman. Termasuk alat grafik, indikator market, scripts dan EA, manajemen risikoyang canggih, eksekusi market real-time dan sebagainnya.


    OctaFX Demo Account, octafx demo.


    Metatrader 4 android


    Nikmati satu set lengkap dari trade order, trading history, grafik interaktif dan berbagai perangkat yang mendukung – semua ada dalam metatrader 4 untuk android. Di mana pun anda berada dan apa pun yang anda lakukan, forex akan selalu bersama anda!


    OctaFX Demo Account, octafx demo.


    Metatrader 4 ios


    Software trading yang paling dikenal luas di dunia, sekarang tersedia untuk iphone/ipad anda. Masuk ke akun anda dan trading di mana saja dengan perangkat ios anda. Anda dapat dengan mudah mengakses keuangan anda kapan pun dan tanpa biaya.


    PLATFORM TRADING FOREX PALING POPULER


    Metatrader 4 (MT4) menyediakan teknologi canggih dan keamanan tinggi untuk memungkinkan para trader memilih posisi forex atau CFD tanpa mengkhawatirkan stabilitas platform. MT4 menawarkan instrumen untuk mengikuti fluktuasi harga, mengidentifikasi pola tren melalui chart dan grafik, dan juga menerapkan teknik trading otomatis untuk mengelola trade.


    Mengapa memilih metatrader 4?


    Platform trading elektronik ini digunakan oleh trader baru dan berpengalaman. Dipercaya oleh trader individu serta introducing broker dan perusahaan trading yang besar. Platform tersebut menawarkan alat trading dan analitis yang sangat baik, dan cukup fleksibel untuk menerapkan strategi trading yang sederhana dan yang sangat kompleks. Platform ini mendukung trading di forex, CFD, dan cryptocurrencies.


    Di octafx, kami menyediakan klien kami dengan platform MT4 untuk memungkinkan mereka melakukan aktivitas trading mereka secara efisien dan dengan penuh ketenangan. Kami juga menawarkan materi edukasi, serta akun demo MT4, sehingga mereka dapat mempraktekkan trading tanpa resiko.


    Trading lebih mudah dengan metatrader 4



    • Fleksibilitas: ada beberapa pilihan pasangan mata uang yang bisa ditradingkan serta cryptocurrencies dan CFD.

    • Ramah pengguna: MT4 memiliki tampilan yang ramah pengguna dan cocok untuk semua trader dari berbagai tingkatan.

    • Penyesuaian: kembangkan expert advisors (EA) dan indikator teknis anda sendiri di metatrader 4, untuk menyesuaikannya dengan kebutuhan anda dan mempraktikkannya. Jendela chart dapat diatur untuk setiap profil sesuai pilihan anda.

    • Efisiensi: MT4 tidak memperlambat kinerja PC dan ponsel anda, mengurangi gangguan seminimal mungkin.

    • Alat charting: alat charting yang canggih dapat membantu menganalisa aspek teknis dari market.

    • Expert advisors: robot trading memungkinkan otomatisasi trade dan akses ke manfaat platform trading algoritmik.

    • Bahasa: platform tersedia dalam berbagai bahasa.


    Pelajari cara memulai trading forex dalam 4 langkah mudah
    pelajari cara memulai trading di MT4

    OctaFX Demo Account, octafx demo.


    Metatrader 4 menawarkan keamanan tingkat tinggi


    Platform MT4 menawarkan standar keamanan tingkat tinggi untuk melindungi dana para trader. Terminal klien dan server platform bertukar data melalui server yang terenkripsi, dan platform menggunakan tanda tangan digital RSA. Alamat IP anda juga tetap terlindungi.


    Di octafx, keamanan adalah prioritas utama kami. Langkah-langkah yang diambil untuk meningkatkan perlindungan dana yakni:



    • Akun terpsiah: sesuai dengan standar regulasi internasional, octafx memisahkan dana pelanggan dari aset perusahaan.

    • Personal area dilindungi SSL: data pribadi dan transaksi keuangan pelanggan dilindungi dengan enkripsi 128-bit, yang membuat browsing aman dan data klien tidak dapat diakses oleh pihak ketiga.

    • Verifikasi akun: octafx merekomendasikan pelanggan unutuk memverifikasi akun mereka dengan mengirimkan ID pribadi dan bukti alamat untuk memastikan transaksi dilakukan secara sah dan aman.

    • Aturan penarikan dana yang aman: penarikan dana memerlukan konfirmasi email dan pelanggan dianjurkan untuk menggunakan rincian pembayaran yang sama untuk deposit dan penarikan dana.

    • Otorisasi visa/mastercard dengan 3D secure: teknologi 3D secure digunakan untuk memproses kartu debit dan kredit.

    • Pelindungan lanjutan: octafx memastikan lingkungan teknis selalu dipantau selama 24/7 oleh tim insinyur keamanan dan spesialis teknis yang berdedikasi.



    OctaFX Demo Account, octafx demo.


    Metatrader 4: OS dan kompatibilitas perangkat


    OctaFX Demo Account, octafx demo.


    Metatrader 4 tersedia di platform web yang cocok untuk OS windows, linux dan mac. MT4 juga dapat diakses dari smartphone atau tablet, baik itu memiliki OS ios maupun android. Trade kapan pun dan di mana pun, dan memiliki akses ke informasi trading selama 24 jam sehari, bahkan saat anda bepergian atau berlibur. Sangat mudah untuk download dan install terminal di perangkat apapun yang cocok.


    Metatrader 4: mode eksekusi trade


    Order adalah instruksi untuk melakukan trade. Ada tiga mode eksekusi trade di platform MT4:



    • Eksekusi oleh market: order anda terbuka di harga terkini, bahkan jika ada deviasi dari apa yang terlihat di platform. Ini menghasilkan eksekusi order yang lebih cepat, karena tidak melibatkan requote. *
      * didukung oleh octafx

    • Eksekusi instan: sistem mencoba untuk mengeksekusi order anda menggunakan harga terkini di platform. Jika nilai tukar berubah ketika order sedang diproses, opsi requote menjadi tersedia, yang bisa ditolak atau diterima oleh trader.

    • Eksekusi atas permintaan: harga diminta sebelum order dipasang. Begitu nilai tukar masuk, eksekusi order dapat dikonfirmasi atau ditolak.



    Metatrader 4: alat charting untuk analisis teknis


    Metatrader 4 menawarkan kemampuan charting yang canggih untuk menentukan titik masuk dan keluar dengan analisis teknis, yang menggunakan data harga dan volume historis untuk membantu membuat prediksi. Juga memungkinkan untuk mengirimkan order trading langsung dari chart.


    Pada umumnya, MT4 dibuka dengan empat chart, masing-masing mewakili pasangan mata uang yang unik. Di sebelah kiri chart ada jendela market watch, dengan dua tab. Tab symbol menampilkan daftar pasangan mata uang dengan harga bid dan ask, sementara tab tick charts menampilkan pergerakan harga terkini dari pasangan mata uang yang dipilih. Di bawahnya ada jendela navigator, di mana trader dapat melihat akun mereka, indicator dan expert advisors.


    Tampilan chart bisa disesuaikan. Setiap pasangan mata uang di chart bisa dilihat dalam sembilan time frame yang berbeda (yakni one minute, five minutes, one hour, daily, weekly, monthly). Objek grafis dapat ditambahkan ke dalam chart, seperti shapes (rectangle, triangle, ellipse), arrow dan text.



    FBS inc vs octafx


    If you're choosing between FBS inc and octafx, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. We've also displayed one of our most popular brokers, avatrade, as another alternative to consider.


    What would you like to compare?



    • Trading services

    • Markets & instruments

    • Platform & features

    • Account features

    • Trading conditions

    • Risk management

    • Funding methods

    • Fees


    update results



    The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


    This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


    The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


    This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


    The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


    This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


    The BROKERDNA ™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.


    This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.


    FBS inc is regulated by IFSC, CRFIN. FBS inc have provided forex, indices trading services since 2009.


    Octafx is no longer authorised to provide regulated products and services, but was previously authorised by the FCA. They offered forex trading since 2011.


    Avatrade is regulated by the central bank of ireland, ASIC (australia), FSA (japan), FSB (south africa) and BVI. Avatrade have provided forex trading services since 2006.


    TRADING SERVICES OFFERED


    Losses can exceed deposits


    Losses can exceed deposits


    79% of retail investor accounts lose money when trading cfds with this provider.


    PLATFORM & FEATURES


    See the platforms and features offered by each broker


    English, spanish, portuguese, arabic, chinese, japanese, indonesian, malaysian, thai, urdu, and vietnamese


    English, italian, german, french, greek, hebrew, spanish, arabic, malay, russian, chinese, portuguese and dutch


    Losses can exceed deposits


    Losses can exceed deposits


    79% of retail investor accounts lose money when trading cfds with this provider.


    ACCOUNT INFORMATION


    From micro accounts to ECN accounts, compare the accounts offered by FBS inc and octafx


    Losses can exceed deposits


    Losses can exceed deposits


    79% of retail investor accounts lose money when trading cfds with this provider.


    TRADING CONDITIONS


    RISK MANAGEMENT


    FUNDING METHODS


    Losses can exceed deposits


    Losses can exceed deposits


    79% of retail investor accounts lose money when trading cfds with this provider.


    DETAILED INFO


    Losses can exceed deposits


    Losses can exceed deposits


    79% of retail investor accounts lose money when trading cfds with this provider.


    Losses can exceed deposits


    Losses can exceed deposits


    79% of retail investor accounts lose money when trading cfds with this provider.


    All information collected from https://fbs.Com/. Last updated on 01/01/2021.


    All information collected from https://www.Octafx.Co.Uk/. Last updated on 01/01/2021.


    All information collected from http://www.Avatrade.Com/. Last updated on 01/01/2021.


    Since starting in 2009 FBS have amassed over 700,000 traders located all around the world in over 120 countries. FBS attribute their growth to listening to their traders and providing them with what they asked for including 100% regular contests, 24 hour customer support five days a week, deposits and withdrawals in any currency, low minimum deposits, no requotes and split second execution of trades. FBS have quickly become world leading broker you can trust.


    Octafx is an online forex trading service provider. They were previously regulated by the financial conduct authority but are longer authorised to provide regulated products and services. At brokernotes, we do not advocate using a broker that is not regulated by a tier-1 regulator like the FCA.


    For more information about trading with octafx, we have put together an indepth octafx review with some of the pros and cons about this broker.


    Since 2006, avatrade have attracted over 20,000 traders to their platform. While their spreads are not the most competitive, they do offer traders a range of great features, such as guaranteed stop losses, the ability to hedge / scalp, and low margins.
    For more information about trading with avatrade, we have put together an indepth avatrade review with the pros and cons about this broker.


    Popular comparisons feat. FBS inc


    Popular comparisons feat. Octafx


    Popular comparisons feat. Avatrade



    Octafx MT4 monthly demo contest review




    Eligibility



    Prizes



    Duration



    Leverage


    Octafx has been quite generous with its diversity of contests. The supercharge 2 and ctrader contests are as good as it gets, but the broker decided that it could do more. Since there is no one true trading platform, octafx wanted to accommodate traders of all types. Therefore they have also included an MT4 monthly demo contest, which we will be reviewing today.


    Octafx MT4 monthly contest description


    When we first took a look at the contest, it seemed quite odd why the broker would feature only one platform. We were quickly proven wrong when we found the ctrader contest as well. But here’s the question, what does the MT4 monthly contest offer? What are the features? Prizes? Admissions? Let’s discuss that.


    OctaFX Demo Account, octafx demo.


    Let’s start with the prizes, as I’m sure that’s the main thing people are interested in. In total, the broker dedicates $1000 to the contest monthly and splits up the prizes like so. $500 for 1st place, $300 for 2nd, $100 for 3rd and what’s really cool is that they dedicate $100 for the last place. So you can just fail miserably at trading and still come out with a profit. Not saying that the broker encourages failure as it’s just a demo account, so you won’t suffer any real-life losses.


    Octafx MT4 contest features


    The features of the contest are pretty self-explanatory. You trade on the demo account, keep your gains up at a significant amount and you get a nice prize out of it. One of the best features would be that it is on the demo account. Which means that there are absolutely no risks involved. The octafx MT4 contest is able to accommodate skeptical or newbie traders with this. So even if you’re a veteran or just starting out, there’s no reason why you shouldn’t give it a shot.


    The conditions are same with all of the traders. You get an initial deposit minimum of $1000 (but this is virtual money so don’t get alarmed), with a leverage of 1:500 for 28+ currency pairs.


    Like any other contest, it’s quite hard to win because of the competition. You won’t necessarily be competing against mid-tier traders exclusively, there could be a number of experts that could provide more competition, but as I’ve said before, there’s nothing to lose with it.


    How to win the octafx MT4 contest


    This contest has only one category that you can compete in. And that is your gain factor. The equation of the gain factor is the same as the supercharge contest, it’s (personal funds + amount withdrawn – personal funds when deposited) / personal funds when deposited × 100%.


    This may sound easy, but it honestly isn’t. To give you a better perspective if you have $1000 as personal funds and you deposited $500 of that and were able to withdraw $300 as winnings. Your gain factor would be 1.6%. To put that more into perspective the last month’s winner had a 21,272.25 % gain factor, which says quite a lot about the competition.


    How to join the octafx MT4 monthly contest


    Registering for the contest is as easy as it gets. You just register for the demo account like with any other broker. You confirm the email to let the broker know that you are indeed a real person and not a robot. And there you go, you start trading. Simple as that.


    OctaFX Demo Account, octafx demo.


    You’ll also be able to track how the contest is going through the inbuilt tracker on the platform, so you’ll always know if you need to pump up the speed and volume or if you can just relax for the day. All in all, it’s a solid experience.


    Should you participate in the contest?


    Why not? It won’t cost you anything and if you’re already devoting time to forex trading during the day, we all know that there are boring moments. You can have two windows open where you trade on your real account on one and your demo account on the other. Plus you can always make the decisions identical so you don’t have to do any extra searching.


    In conclusion, the contest is very accessible, it doesn’t require that you deposit anything, it renews every month so you’ll be able to review your performances and it gives a nice way to earn cash without investing too much money. So give it a try, maybe you’ll outtrade everyone.


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    Octa markets cyprus ltd offers spot forex and contracts for differences (cfds) on assets including equity indices, spot metals and commodities. Octa markets cyprus ltd offers easy-to-use platforms such as metatrader 5 and ctrader.


    Octa markets cyprus ltd is authorised and regulated by the cyprus securities and exchange commission (cysec) with license №372/18. Octa markets cyprus ltd complies with european securities and market authority's (ESMA) regulatory standards as well as with market in financial instruments directive (mifid II)


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    OctaFX Demo Account, octafx demo.


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    Trade markets with unlimited virtual funds. Test our trading platforms and your trading strategies with no risk involved by opening a demo account.


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    As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992. Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd.


    As an EU member state resident you are currently viewing the website www.Octafx.Eu operated by octa markets cyprus ltd with registration number HE359992. Octa markets cyprus ltd is authorized and regulated by the cyprus securities and exchange commission (cysec) with license number 372/18. The registered office of octa markets cyprus ltd is in the republic of cyprus. The account(s) you may open on this website will be opened with octa markets cyprus ltd.


    The website is the property of octa markets cyprus ltd.





    So, let's see, what we have: A no nonsense step by step guide how to open a FREE octafx demo account for beginners. ✅downloadable ios & android trading app. ✅ super easy trading interface. At octafx demo

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