To start working with OctaFX, you need to deposit at least $100. This amount is enough to gain access to all features that the brokerage firm offers to its clients. Thus, you can join the broker, start with the platform, buy and sell all types of assets, benefit from low spreads and high leverage as well as use copytrading facilities.
OctaFX Main Features: A Detailed View
When depositing $100 to your OctaFX account, you can benefit from the two most popular trading platforms — Metatrader 4 and Metatrader 5. Both allow you to apply a professional approach to trading. Metatrader 4 is considered to be the best choice for both novice and skilled traders, while Metatrader 5 is better for seasoned market participants, who want to control many assets and accounts.
OctaFX gives access to various versions of both Metatrader platforms. Thus, you can download a desktop platform, launch a browser version or install mobile apps. OctaFX minimum deposit allows you to start with all types of leverage and benefit from the lowest spread in the industry.
All new traders can start with the OctaFX Education program, which includes various materials dedicated to all trading-related themes. In particular, you can start by learning about the basics of financial markets. If you need any further explanations, you can receive information on all aspects of Forex trading including technical and fundamental analysis, trading psychology, money and risk management, etc.
OctaFX offers various forms of education that comprise webinars, video lessons, articles, glossary, FAQ, as well as special video courses. Apart from education, OctaFX provides its customers with detailed market reviews. Apart from market insights, you will find an informative economic calendar, a table with interest rates, the latest Forex news, and some technical analysis patterns that currently appear on the charts.
Aside from all those features for self-trading, you can also benefit from the so-called copytrading feature, which allows you to copy trades, coming from successful traders. When dealing with this brokerage firm, you can act as an investor (copy signals) or as a signal provider. Investors benefit from detailed statistics that allow them to properly choose their signal providers.
OctaFX Final Words
The brokerage firm offers a bunch of services and benefits to all those who deposit from $100. Traders are offered professional trading terminals that they can use after installing them to their devices or simply launching them in their browsers.