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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.

About

RoboForex Ltd is a financial brokerage company that has been operating since 2009. The company provides seamless access to more than 12,000 instruments for trading, including Stocks, ETFs, and other popular assets such as Gold, Oil, and Indices, among others. RoboForex clients can use cutting-edge trading platforms as well as the company's proprietary copy-trading system CopyFX. Furthermore, RoboForex provides the opportunity to earn an added income within one of the best Partner programmes on the market. Any trader, fintech developer, or content creator can join it to attract new clients to the Company and earn an astonishing amount that can reach 84% of the Company's revenue. One of the advantages of the programme is its flexibility, meaning a partner can customise the conditions and build their own multi-level network.

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

Platforms Supported

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

Audience

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

Audience

Anyone who is interested in trading on the financial market, or would like to earn income as a partner of a brokerage company.

Support

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

Support

Phone Support 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 Supported
Free Trial Supported

Reviews/Ratings

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

Reviews/Ratings

Overall 4.6 / 5
ease 4.6 / 5
features 4.6 / 5
design 4.6 / 5
support 4.9 / 5

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.

Pros & Cons from Real Users

Pros

  • Trading conditions are the main reason I stay: low minimum deposit, MT4/MT5, CopyFX, tight Prime/ECN pricing and a useful cent account for testing strategies. Withdrawals of modest amounts worked for me, and the platform choice is better than at many offshore brokers.
  • I like the range of platforms: MT4, MT5 and R StocksTrader with a very large instrument list. Spreads from 0 pips on ECN/Prime plus a low first deposit make the broker accessible. Several free withdrawals per month save money, negative balance protection is useful, and order execution has been stable enough for my day trading.
  • I did not want to sit at a desktop all day, so I tested the mobile app first. Placing trades from the phone is straightforward, the deposit posted immediately, and no surprise fees showed up after I finished registration. For a small lot size it has been enough.
  • reliable execution, stable platform, practical instrument list, quick withdrawals and quite fast and effective support.
  • The interface is simple even for a beginner. I expected it to be confusing at first, but navigation was clear. The deposit arrived quickly and support replied the same day, which made the whole setup much easier.

Cons

  • Support quality is uneven and tickets can sit unanswered for hours. Regulation is only FSC Belize plus Financial Commission membership, which is weaker than FCA or ASIC. Some reviews about extra verification before payouts made me cautious with larger balances.
  • Base currencies are limited to USD and EUR, so conversion can add cost. The number of account types is confusing at the beginning, and live chat sometimes asks you to wait longer than expected.
  • I still wish the charts on mobile had a few more tools. On a small screen it is easy to tap the wrong side when the market is moving fast.
  • risk management tools basic, occasional small lag in the app, some secondary pairs have higher spreads.
  • Some extra settings are not immediately obvious and take a bit of time to find. A short guide for first-time users would make the start even smoother.

Training

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

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

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

Company Information

RoboForex
Founded: 2009
Belize
roboforex.com

Alternatives

Vantage

Vantage

Vantage Markets

Alternatives

Categories

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

Categories

Integrations

Bitcoin Supported
CopyFX Not Supported
MetaTrader 4 Not Supported
MetaTrader 5 Not Supported
Skrill Supported

Integrations

Bitcoin Not Supported
CopyFX Supported
MetaTrader 4 Supported
MetaTrader 5 Supported
Skrill Not Supported
Claim OctaFX and update features and information
Claim OctaFX and update features and information
Claim RoboForex and update features and information
Claim RoboForex and update features and information