You are currently not signed in.

Please sign in or register.

Voting

Votes: 0

Know More About Financial Conduct Authority Regulated Forex Broker- OctaFX

Sep 24, 2015 08:43 pm
#1

გვერდები: 121
გაწევრიანდა: 05/06/2015

OctaFX is a retail forex broker that concentrates its business in Asia Pacific. It is registered at Saint Vincent Geraldine and is often conferred for its spectacular trading platform, engaging competitors, efficient trading signals and many more. The broker has been flourishing at different parts of Asia which includes China, Malaysia, and Indonesia.  This does not end here, as this well established broker serves to 100 countries around the globe ever since its inception in 2011.  

The operating centre of the broker is located at Jakarta, Indonesia, which continues to be the hub of this impeccable broker that has outshined everyone in terms of micro trading. Earlier, the official website of the broker was available only in English, but by the end of 2013 it introduced two different languages, Bahasa Indonesia and Mandarin Chinese. Later in 2014, Portuguese and Spanish were incorporated into the site. The regulatory framework is something that has attracted the attention of potential traders, as OctaFX broker satisfies the International Business Companies Act and is regulated by the Caribbean’s Financial Service Authority (FSA)

OctaFX Obtained Financial Conduct Authority, Britain

On April, 2015 this broker managed to grab license under the Financial Conduct Authority, Britain. However, as per the guidelines of FCA any company which governs the license has to hold their office in London. This is why; presently the company is working on building a new office at London and aims to shift its headquarters from Jakarta, Indonesia to London. This is a huge step that will help the broker to entail its customer network to different parts of Britain too.

MetraTrader4 and cTrader Trading Platform

The broker always believes to work with the best; therefore it always adapts its system with the latest technology so that traders can bestow the best of trading world. As of now, traders can use MetraTrader4 for trading ECN/STP and Micro Trading accounts, whereas cTrader can be used only for trading with ECN/STP accounts.

Not only are the trading platforms exquisite but along with that, traders even get the opportunity to have welcome bonus ranging from 50% to 90% whenever they join the well structured forex network for the broker. However, if still traders are concerned about the quality of features that they are going to discover with the broker then they can take advantage of its 72 hours demo trading account.

The demo trading account offers every good feature of OctaFX but just for 72 hours. After the stipulated period, you get the option of having your trading account with OctaFX at $5 for Micro Trading Account and $50 for ECN/STP account.

Ultimate Overview of OctaFX

To sum it up, there are three things that make OctaFX truly incredible

·         Professional trading platform for a convenient trading experience

·         Tight spreads for every trading accounts

·         Excellent trading environment, with amazing scope for competition.

 

Reliable customer support, flexible deposit and withdrawal methods, and at last its endless achievements are something that complete the broker. However, till now it does not allow traders from US, but there is always scope for improvement.