Dear Forex trader.... I'll here write
my review for the experience I have been through with OctaFx trading company...
First of all I have knew this great
company from the no deposit bonus program 8$, and this was a really great
opportunity to try its Meta-trader service and orders execution :-), and here
is what I have found
Advantages:
1- 50% deposit bonus
Of course first of main adv. to me
which is the 8$ free welcome bonus besides if offer a 50% deposit bonus which
is great percent to give
2-Trusted certified Broker
We all seek for trusted companies
which can be verified by registration which OctaFx was registered in 2011 in
Saint Vincent and the Grenadines
3-Free VPS
For EA traders OctaFx give free VPS
hosting for accounts with a minimum equity of 300 USD.
4-Best spreads and no re-quote
The most important thing I really
appreciated while trading with OctaFx is the very perfect order executions
without any price re-quotes.
When it comes to trading for scalpers
and what so ever it gives the best spreads offer as below
5-Introducing brokers commission
share 30%
Which is very good compared with
other brokers and registration process is very easy for newbie trader ... I am
an IB myself.... Guys please don't envy me ...... just be jealous :-P :-D
6- OctaFx Minimum deposit is 5 USD
for Micro Accounts
And 50 USD ECN accounts with variety
of famous fund methods such as Visa/MasterCard, Indonesia Local Banks,
Moneybookers, UnionPay, Perfect Money, CashU and Internal transfer providing
clients Segregated Accounts and SSL-protected Personal Area. In addition to
fast withdrawal process
Even 5$ is very low.... but I know
human-being always seek for the lowest and maybe some trader ask for 10 cent
minimum :-O :-D
Disadvantages:
Of course no one can find the 100%
perfect broker but 99.9 % maybe :-)
1-More Ads required
OctaFx broker dose not held much
advertisement for the company ... I think the company need a little bit
populated by using such as Google, Face book and YouTube ads campaign.... I
know it is expensive but also a must.
2- Joining more regulation
organization will be in OctaFx favor indeed.
3-More Leverage offered
Through trading issue everything is
perfect and will be more perfect if the leverage provided’ll be up to 1000 or
2000 for scalping traders attracting. Besides the company should start thinking
of creating her own trading platform other than metatrader-4
4- 50% deposit bonus restrictions
Such as the rule of "If the
equity of your account becomes less than the bonus size, the bonus will be
cancelled" :-(
And I really hate this rule "No
IB commission is paid for bonus funds trading" why why why :-D:-D:-D .... of
course you all knew why I hate this :-D
Cause I am an OctaFx IB :-P
See you later traders :-)
