OctaFX Review For Beginners

A step by step tutorial on OctaFX's offerings including their accounts, spread fees, trading applications and more.
This Video Overview Includes:
📢 Trading products
📢 Account types
📢 Trading Platforms
📢Opening an account
📢 Educational resources
📢 And more...
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0:26 Overview
5:14 Trading platforms
7:39 Account types
9:18 Opening an account
10:58 Educational Resources
11:50 Awards
11:37 Conclusion
Read our Video Script:
OctaFX is a popular social trading Forex broker that was founded in 2011 and they have won more than 40 industry awards over the years. Their trading accounts are available in over 150 countries and more than 10 million accounts have been opened with them, with more than 1 billion trades executed. OctaFX is regulated by the Financial Services Authority, which means that you can trust them and their accounts have negative balance protection. By trading with OctaFX, you’ll have access to commission-free accounts with tight spreads and a variety of Forex pairs, CFDs, Stocks, Commodities and Cryptocurrencies that you can trade on the MetaTrader 4 and 5 platforms. We recommend OctaFX for beginners and anyone who is interested in copy trading, but their accounts are suitable for all types of traders and any style of trading.
OctaFX accounts can be connected to the MetaTrader trading platforms, which are available as a desktop platform, a mobile app or as a webtrader interface. MetaTrader 4 and 5 are currently ranking amongst the most popular trading platforms in the world. MT4 was released in 2005 and MT5 was released 5 years later. These platforms are renowned for their advanced analysis tools, thousands of technical indicators, customizable charts, EA and algorithmic trading support and they can be downloaded at no cost from the official website.
Once you’ve created an account, you can easily join the social trading program and follow the strategies of your favourite traders. This is a great option for beginners and traders with a busy lifestyle because you can reap the benefits of a real account without the risks of losing opportunities or making uninformed decisions. OctaFX also offers a mobile trading app that can be used to easily manage your MetaTrader 4 and 5 accounts, make secure deposits and withdrawals and monitor account activity.
There are two types of live trading accounts that you can open with OctaFX and they also give their clients the option to use demo accounts and swap-free accounts. OctaFX accounts can be used for hedging and scalping and you are also allowed to use Expert Advisors. You can open either a MetaTrader 4 account or a MetaTrader 5 account by depositing at least $100 and both these accounts are commission-free accounts that offer floating spreads starting as low as 0.6 pips. The MetaTrader 4 is a beginner-friendly account that is recommended for casual traders and if you’re trading for the first time and you’re looking for an account that makes it easy to start trading. If you’ve been trading for a while and you’re interested in using expert advisors and other advanced trading tools and technology, then we recommend opening a MetaTrader 5 account instead.
If you are trading for the very first time or you’re looking for a broker with high-quality educational resources that you can use to refine your trading skills, OctaFX provides market insights, reliable forex news and technical analysis reports. There are also plenty of helpful trading guides and educational videos that you can watch to learn the basics of forex trading, along with platform tutorials that will teach you how to use the MetaTrader 4 and 5 platforms and tools. They also provide quick guides on using some of the most popular trading strategies for forex trading and the market information section can be used to easily monitor market events, trading hours and forex news.
There are many benefits to trading with OctaFX, but what we like about them most is the way their reward their clients with cash prizes, trading bonuses and a mutually beneficial referral program. Not only is OctaFX an exceptional broker for casual traders and beginners, but they also offer an award-winning copy trading program. If you are interested be sure to open your OctaFX account today and bring a friend along to claim your rewards and if you are feeling competitive don’t forget to join the contest once you’ve created your account!
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#OctaFX #OctaFXReview #OctaFXForBeginners

[@smkamal1060]

Cn i join

[@MenekeGrace]

How can I trade with octafx

[@SAShares]

Thanks for your message
You can start with a demo account funded with virtual funds to practice trading with OctaFX
sashares.co.za/octafx-demo-account/
Here is also a link to open a live trading account - sashares.co.za/octafx