As a beginner trader even though you are a professional, surely you still need an analysis of the trading applications that you want to use. One of the analyses that you can do is to read the trading apps review. Many people rely on many sites for trading apps review in many analyses of the trading applications that they want to use.
The trading apps review can indeed be very helpful for you in researching and analyzing more fully the trading application that you want to use during trading for both beginners and professionals. Reading the trading apps review is indeed an activity that certainly benefits you in terms of knowing more fully and clearly about the trading application you want to use.
One of the trading apps review that we want to discuss is Octa FX. Here is a further explanation of Octa FX: Trading apps review .
What is Octa FX?
Octa FX has been registered as PT Octa Investama Berjangka based in Jakarta. Octa FX is one of the brokers that provide a copy trading feature, which can copy all the open positions of master trader material automatically. Not only that, but this platform is also an STP forex broker that distributes client orders to larger brokers to be connected directly to the interbank market.
Featured Features of Octa FX
The feature that is featured in Octa FX is Copy Trading, this is a service that can copy other trade activities that have been proven to be profitable so that you can enjoy the profit. Not only that, if you have copied the intended trader's property then you do not need to look at the candlestick chart anymore, after that your money will be able to be processed automatically like the intended trader.
Advantages Provided by Octa FX
1. Minimum Deposit
2. Account Type Options (Fixed-rate and Floating rate) Available
3. Instruments (2 precious metals, 2 energies, and 10 indices)
4. Leverage up to 1:500
5. Spreads starting from 1 pip
6. Trading volume starting from 0.1 lots
7. Good Customer Service
8. Demo account available
9. 3 trading application platforms available (MT4, MT5, and cTrader)
10. Provide special educational materials for beginner traders
Safe or Not ?
Octa FX has been established in 2011, the company has been accumulated by CySEC since 2018, The company has also received numerous awards over the years for the quality of its services. Not only that, the company was regulated by the FCA (UK Financial Services Authority) from 2015 to 2017, but decided not to renew the license after the Brexit referendum and instead remained focused on the EU market.
OctaFX has received a lot of industry recognition in recent years, winning APAC Best Forex Broker 2019 (Global Banking & Finance Review), Best Mobile Trading App 2019 (European CEO Magazine), and Best FX Broker 2019 (FXExplained). Other awards include Best Forex Broker Asia 2018 (Global Banking & Finance Review), Best FX Broker 2018, and Best Trading Conditions 2018 (European CEO Magazine).
Bonuses Provided by Octa FX
Octa FX has run several promotional schemes for its users, such as bonuses and other promotions.
There are:
1. Provide a deposit bonus of 50%
2. Users can make an initial deposit at a fixed value of USD100
3. Octa FX has run two separate demo account contests that you can take advantage of and win the grand prize of USD500
That's a brief explanation of Octa FX as one of the trading apps review that you can read. Good Luck!
Keyword: trading apps review
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