How do I deposit money into OctaFX?

How to make a deposit to your OctaFX Forex trading account

  1. Log into your Personal Area and press Deposit. The Deposit button is at the top of the main menu ≡ of the app.
  2. Select the account you want to make a deposit to.
  3. Choose your preferred transfer method.

How much is the deposit for OctaFX?

Make a deposit At OctaFX, you can start trading with a minimum of $25. The minimum deposit can vary depending on your region and the payment method.

Does OctaFX have ZAR account?

No, OctaFX does not offering ZAR account currently. Traders from South Africa have option to open EUR & USD base currency account.

Is OCTA FX an ECN broker?

Best ECN Broker is one of the nine categories World Finance distinguished this year, including Best FX Broker, Best FX Research and Education Provider, and Best Crypto Broker. World Finance magazine has acknowledged the accomplishments of OctaFX before with the Best ECN Broker and Best Islamic FX Account both in 2020.

How long does it take to deposit in OctaFX?

Moreover, OctaFX covers fees applied by payment systems. We also do not limit the number of deposits per day. Deposits with local banks are processed within 1–3 hours, credit/debit card and e-wallet deposits are instant.

What is OctaFX minimum withdrawal?

The minimum for withdrawal is ₦1,750.00. The withdrawal made with this methods can take few days time. Credit/Debit Card: Traders can also receive funds in their cards, if you have used this method to add funds. The minimum withdrawal in case of card is $20.

Which broker has volatility 75?

CFD trading services on the Volatility 75 Index are offered by only a few regulated forex and CFD brokers in South Africa. These are Hotforex, PepperStone, Plus500, IG Markets, and FXCM. Other major brokers like XM, Exness, Tickmill etc.

Is OctaFX trusted?

Is OctaFX Safe? OctaFX is considered high-risk, with an overall Trust Score of 61 out of 99. OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

Is OctaFX good for scalping?

OctaFX allows scalping, hedging and other strategies, if the orders are placed in accordance with our Customer Agreement. However please note that arbitrage trading is not allowed.

How fast is OctaFX withdrawal?

We usually process withdrawal requests for 1–3 hours, but it’s up to your payment system how long it will take the money to reach the destination. Limits for withdrawals: Skrill, Perfect Money, Neteller—from 5 USD (5 EUR), without the maximum limit. Bitcoin—from 0.00096 BTC, without the maximum limit.