Download the OctaFX app on your PC. This lightning-fast new application with an attractive and easy-to-use design will make you fall in love with it from the first tap.
What is the OctaFX PC app?
OctaFX is a forex, CFD and copy trading broker offering the MT4, MT5 and cTrader platforms. OctaFX for PCwas established in 2011. The company’s headquarters are located in Saint Vincent and the Grenadines, with an additional support office in Jakarta, Indonesia. The broker’s EU entity, Octa Markets Cyprus Ltd, is located in Limassol, Cyprus, and is regulated by the CySEC.
With over 1.5 million trading accounts and a long list of forex industry awards, the founder and owner has ensured the company has amassed a global reach
What does it offer?
OctaFX offers some of the most popular products, including:
- Forex – 28 currency pairs including EUR/USD and USD/JPY
- Indices – 10 CFD indices available such as US30 and NASDAQ
- Commodities – Including spot gold and silver contracts, plus brent and crude oil
- Cryptocurrencies – 3 major digital currencies available; Bitcoin, Ethereum and Litecoin
Typical variable spreads for EUR/USD are around 0.7 pips in both the MetaTrader and cTrader platforms. Gold spreads (XAUUSD) start from around 2 pips and major indices such as NAS100 are around 3.5 points. Bitcoin spreads (BTCUSD) are around 3.1 pips. Fixed spreads are also available for MT4 USD accounts.
Trading commissions are only charged in the cTrader account, at 0.03 USD per 0.01 lots. There are also rollover rates applied on positions held over 3 days. Details of these fees are listed in the product specifications.
OctaFX for Windows offers less than 50 tradeable instruments. By comparison, industry leaders Saxo Bank, IG, and CMC Markets all offer over 10,000 tradeable instruments.
Cryptocurrency: Cryptocurrency trading is available through CFDs, but not available through trading the underlying asset (e.g. buying Bitcoin). Note: Crypto CFDs are not available from any broker’s UK entity, nor to UK residents.
- Virtual Portfolio, or what is commonly known as a Demo Account
- It offers Advanced Financial Chart comparison tools
- The platform offers Research-backed analysis on financial markets and investments from top analysts
- The platform is available to use on multiple devices including IOS devices like iPhones and iPads, Android devices, and online through a Web Browser.
- It offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
OctaFX for PC Trading App Deposit-Control shows you how much money you need to deposit to support an existing order or create a new one to catch the latest trend. Enjoy trading with the app without worrying that you’ll miss an opportunity or lose your progress.
How to Install the OctaFX app on Windows and Mac
- You will need to install an Android emulator on your PC, I will recommend the BlueStacks emulator.
- Complete the installation of the emulator by following the on-screen instructions.
- Open the PlayStore app from the home screen of the emulator.
- Now you will be required to log in using your Google ID.
- Search for the OctaFX app and click on the install button to get the app on your PC.
You can also use the OctaFX app on your smartphone.
What is the minimum deposit for the app?
On the platform, you can start trading with a minimum of $25. The minimum deposit can vary depending on your region and the payment method. According to the Risk Management basics, the more funds you have, the fewer risks you are exposing yourself to.
Is OCTA trading legit?
OctaFX for PC is considered high-risk, with an overall Trust Score of 59 out of 99. OctaFX is not publicly traded and does not operate a bank. it is authorized by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).
Is this a good trading app?
The app has won more than 30 awards since its foundation, including the Best ECN Broker 2020 award from World Finance. The company is well-known for its social and charity activity. It also regularly conducts global and local promotion campaigns with valuable money and product prizes.