Octa
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has won more than 70 awards since its foundation, including the ‘Most Reliable Broker Asia 2023’ award from Holiston Media and the ‘Best Forex Broker 2023’ award from AllForexRating.com
Octa, a financial broker with globally recognised licenсes, have recently introduced some significant enhancements to their proprietary trading solution, OctaTrader. A comprehensive financial ecosystem designed for traders of various skill levels, OctaTrader consists of four fundamental elements: payments and transactions, the trading platform, an analytical hub called Space, and a special offers section. These core pillars of the solution's architecture are merged within a single application.
Octa
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Serious things they say about this broker, and passing no one can punish such activities, if for what users say here is evident that there is a manipulation.
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@fxinvestment
You are off-topic. This discussion is about octafx.
Regarding the account, why don't you post your account at octafx then?
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16% profit is not big profit. I am not talking about such kind of small profit, There are scalpers make 50-100% per week. You can test a scalper that make profit . Then you will realise how they play with you...
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Here you go
http://www.myfxbook.com/members/togr/caesar-5-k-test/1096205
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be careful guys, if you trading using EA with high profit
its hard to withdraw deposit and profit
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Why you deleted the account? Show your account
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I can show account that made slippage after made very good profit. 5-6 pips slippage opening and closing trades
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I do not have such problems with any accounts of mine with them
http://www.myfxbook.com/members/togr/octafx-5k-test/1086930
Moreover they have servers all over the world so with VPS in e.g. London the sllipage is minimal
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These are real theives/ If they found any investor make money, they put plugin to put delay in execution and loose all deposit + profit. If we ask the reason, the animals will reply it is normal exeuction slippage.
Very bad broker, Their main business is robbery, not forex
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Sorry mate, but i am not able to understand what you meant by guys like me. It is not that demo should be used by all and it is also obvious that it is way too boring, therefore why anyone not trade with such amazing contest if available without any joining fees. If i am not required to pay any fees for joining OctaFX's cTrader contest then i would love to join, as 400 USD is a huge amount for me and it is worth 1 month's salary, so it might not be so cool for you, but newbies like me are huge lovers of such contest.
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YOus this Kitchen for demo guys like you))
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I runaway from this Broker after they Exequte my 3 SELL orders in -30 pips from Current Ask
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I have been trading with OctaFX for last 2 years and i have a wonderful time so far, as i mostly use their demo contest account like Champion. I have also even won the prize there for the 2nd place of 300 USD and their recently launch weekly contest cTrader is extra ordinary, as there are 400-500 USD to be won and hopefully i will win it again. They also have wonderful payment system where all my payments are given instantly, so i would really rate them high - 5/5!
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be careful with hidden spread and commision 😁
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same signal same EA on 5 different brokers (trader's way, ICMarket, armada , fxopen, octafx) ONLY octafx does not profit. apparently they might have manipulated price or something. because there is no way other broker can profit and octafx does not. using same signal and EA. stay away from this broker.
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this broker manipulating prices, im a scalper very price sensitive. i could strongly feel they always slips 1 or 2 pips every close order. even the market is not volatility.
from their Customer Agreement
they pretty much not hoping you make money, so they are not true ECN. 100% pure dealing desk. and pure lies
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how is it possible to trade 29 ! lots just at the start of a contest with start capital of 10K???
I only arrive at 18,max 20
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At the end I di withdrawal. The issue was the support was not able answer simple question why was my withdrawal rejected, why am I forced to withdraw to bank account, etc..
So OctaFx as broker seems to be OK.
OctaFx support sucks a lot
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But... if you sent your money to FX broker registered in St. Vincent and the Grenadines, they probably correctly assumed that you don't need it anyway 😇