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Trusted Forex Broker in Indonesia
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Also gold and silver for lovers of overtrading, global stock indices, CFDs and cryptocurrencies. All of these services are available on the Metatrader4, cTrader and Metatrader5 platforms.
For those who are new to the world of Forex trading, especially beginners, Octa is an excellent choice as a broker.
The company’s official name is Octa Markets Incorporated and its head office is at Cedar Hill Crest, Villa, Kingstown, Saint Vincent and the Grenadines, VC0100.
Octa is chosen by many Indonesian traders partly because the trading rules are very simple and support many interesting services.
In addition, Octa Brokers has regulatory authority in Saint Vincent and the Grenadines (No. 19776 IBC 2011).
History of OctaFX Broker
The brokerage house was founded in 2011, but has enjoyed a positive reputation from the start among traders. His reputation grew even when he signed sponsorship deals with famous football teams.
Increase your success if you have won many awards from various international institutions. OctaFX sponsors football clubs such as Rip Curl Cup, Southampton FC, Mitra Kukari and Persib Bandung.
Best Asian Forex Broker Award is now a daily FX news portal as well as awards for European CEO and Best ECN/STP Broker.
As for the permit, it is undoubtedly violated by some foreign official regulators. However, Octa remains focused on his popularity in Asia.
In Indonesia, for example, Octa pampers many traders with attractive services at a fixed price of US$10,000 both deposit and cash.
There are also regular trading competitions for Islamic account options and cash prizes and up to 50% deposit bonuses. It is not surprising that many Indonesian Forex traders win trading contests, demos or live accounts.
Get to Know OctaFX’s Favorite Forex Trading Brokers
Beginners in the trading world can try a free demo account. In fact, the registration process is quite simple and fast, does not require capital. For those who want to try trading with the right account, there are three options available for Pro, Micro and ECN account types.
MT4 Micro Account
You can open this type of micrometer with an initial capital of $ 100 and of course without a commission. You should also choose stocks up to 1:500. Variable margin options start at 0.4 pips, but there are also fixed margin options from 2 pips.
MT5 Pro Account
If you are already a good trader, you can try opening an MT5 Pro account with Octafx. But there are only two energy options: 1:100 and 1:200. However the variable spread remains 0.2 pips. To get started, you need a minimum deposit of $500.
ECN cTrader Account
The cTrader ECN report is aimed at the most experienced traders in the trading world, but it also presents new challenges.
Interestingly, market prices on OctaFX cTrader ECN accounts are more transparent. In addition to the variable dose regimen, it has a total of 0 points and a running speed of 0.1 seconds, and there is also a free pass option.
Get to know Forex Trading Brokers
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