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About

As traders ourselves, we understand what you want. Whether you’re a new trader or a pro, we arm you with tight spreads, supersonic execution, advanced tools and an award-winning customer service. We’re also licensed, regulated and have customers in 100+ countries. Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets. Educational tools. training resources and expert coaching to help you continuously improve. Axi Select is our programme that identifies the most promising traders and turns them into professionals. As a responsible broker with a globally trusted reputation, Axi has taken out Client Money Insurance (CMI) on behalf of our clients and is a member of a network of responsible global financial services providers offering added layers of security.

About

The decade of achievements, awards, and steady access to global financial markets for over four million traders. Create trading accounts, modify leverage, enable swap-free options, edit and restore passwords. Make deposits and withdrawals using the most popular payment options. View your detailed overall or account operation history, apply convenient filters to it and cancel your previous deposit. Start trading in a compatible trading platform app. View contest statistics and access your contest accounts. Activate bonuses and view statistics on active and completed bonuses. OctaFX Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more. OctaFX, one of the best Forex brokers on the market, for traders all round the world. OctaFX offers access to CFD trading, commodity trading and indices trading with award-winning Forex trading conditions.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

FX trading platform for brokers

Audience

Users looking for a Forex broker solution to get access to CFD trading, commodity trading and indices trading

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 4.8 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.4 / 5
support 4.9 / 5

Pros & Cons from Real Users

Pros

  • The platform works reliably and executes orders without delays. Once I got used to the tools, managing positions became straightforward. The interface is clear and helps keep track of open trades easily.
  • The platform executes orders quickly and reliably. Once I enter a trade, I can easily adjust my stop. Several times the tighter stop got hit, but then the price moved exactly where I expected. Overall the tools work smoothly and help me manage positions.
  • The discipline of always putting a stop-loss is good in theory — it forces me to think about risk management and protects the account from unlimited losses. Having any stop at all is better than trading without one.
  • Axi works well for FX and gold trading. Clean execution and reliable platform. I mainly trade euro pairs and gold here – on gold I set the stop wider than on euro because a tight one gets hit more often for no reason. Overall solid experience.
  • Stayed on demo for a long time because I was scared to switch to a live account. Opening a cent account with Axi helped me get used to the real psychology of trading with actual money. It feels much safer for beginners and lets you build confidence step by step without big risks.

Cons

  • I once completely forgot to set a stop-loss. By the time I noticed, the price had already moved thirty points against me. That was a painful lesson.
  • I still have the bad habit of pulling the stop closer right after entering. Even though I’ve gotten used to the resulting drawdowns, I sometimes repeat the same mistake.
  • Sometimes I open a trade and put the stop purely formally. Like “well, I have to”. Then I sit and worry because I realize it’s not in the right place. The stop ends up being random or too tight/too wide, so every small move makes me nervous and I constantly want to move or remove it.
  • No real complaints. Just a small tip: gold is noisier than euro, so wider stops help avoid random stop-outs.
  • Nothing major so far. The only small thing is that profits are also in cents, so it takes time to see meaningful results if you’re used to larger demo numbers.

Pros & Cons from Real Users

Pros

  • Octa doesn’t charge any swap fees for overnight positions which means I can hold trades for weeks, and even months without losing anything on trading-costs, except for paying spreads. As a swing-positional trader I think it’s a game-changer because I believe big profits always are made from mid-term trades, I mean instead of sweating every day and trying to catch 1-2% profits, it’s better focus on something bigger, just opening a trade and leaving it for days or weeks until the price will be grown or fallen by 10-15% and that’s it. You made profits without worrying about every tick.
  • It’s been a year since I’ve been using the AI chart feature on their proprietary platform. I dunno how Octa managed to come up with such a cool tool because I see how other brokers are still behind them and lose competition. The way it analyzes my charts is indeed effective, just a few clicks, and there you go, you get a whole picture about what’s going on there...
  • Honestly, it’s pretty uncommon to come across trading conditions like those offered by Octa. Plus, it’s a relief to know that the broker is trustworthy and doesn’t demand a hefty deposit just to access those tight fees. They provide just one trading account, and that is more than enough to fit any trading strategy imho.
  • First thing to report that I liked is for sure special trading plaform - OctaTrader. It has AI tools that is helpful for trading. AI pattern recognition tool is a great additon. The app itself is user friendly too.
  • Support services are really nice, they answer quick most of the time. I hadonly positive experiences with live chat. and their own platform is packed with different features.

Cons

  • The design of the Octa trade app felt a little bit overwhelming because I needed to open guidelines to understand where and what buttons I have to click to open a chart, positions, and how to put stop losses and take profits. I mean it took a while to adjust to the platform’s functionality.
  • Sometimes spreads might be wider than usual, and ofc nobody likes that, but I hope they will be able to provide tighter spreads on cryptocurrencies, regarding forex pairs, they’re fine.
  • What I didn’t like was the commodity asset variation. They only have gold and silver, but where is crude oil or copper as an example?
  • I think they should update their education section. :D
  • Still has a drawback and its not enough asset, I think they can do like 1000+ assets so people have a wider selection.

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Company Information

Axi
Founded: 2007
Australia
www.axi.com/au

Company Information

OctaFX
Founded: 2012
St. Vincent and the Grenadines
www.octafx.com

Alternatives

Alternatives

Vantage

Vantage

Vantage Markets

Categories

Forex Trading Supported

Categories

Copy Trading Supported
Currency Exchange Supported
Forex Trading Supported
Social Trading Supported

Integrations

Bitcoin Not Supported
MetaTrader 4 Supported
Nominow Supported
Skrill Not Supported

Integrations

Bitcoin Supported
MetaTrader 4 Not Supported
Nominow Not Supported
Skrill Supported
Claim Axi and update features and information
Claim Axi and update features and information
Claim OctaFX and update features and information
Claim OctaFX and update features and information