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OctaFX_Hanna
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SERVER MAINTENANCE – SATURDAY NOVEMBER 19, 2016 We would like to inform you that we will be performing a scheduled server maintenance this Saturday, November 19 from 15:00 till 15:00 Server time (EET). Our website will be temporarily unavailable during the maintenance. The planned maintenance is aimed at technical improvements and will help us provide you with a faster, more reliable and stable services. We would like to apologize for any inconvenience caused. In case of any failures, please report immediately to support@octafx.com. Thank you for your patience!
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Trading conditions will be reverted back to normal November 10 Dear customers! OctaFX would like to let you know that company’s financial position has not been negatively affected during US Presidential election period. We would like you to be aware that changes that took place during US President election period will be reverted back to normal tonight, November 10th. In order to make this happen we will perform a 10 minute scheduled technical maintenance. Trading won’t be available November 10 from 00:00 EET (Server time) till 00:10 EET (Server time). Please consider this information while planning your trading. In case you have any questions, don’t hesitate to contact our award-winning Customer Support: support@octafx.com.
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Changes in trading conditions due to US President election Dear customers, in addition to the update of trading conditions for US indices due to the coming US President elections we would like to inform you about the following changes in trading conditions taking place from November 7 till November 9th across all platforms and accounts. Leverage will be lowered to 1:200 for currency pairs and to 1:50 for metals and oil. Margin requirements will be increased 5 times for accounts with the balance higher than $10000 (or equivalent). This is all due to the fact that higher volatility, low liquidity and spreads widening are expected during US President election period. Trading conditions are expected to get back to normal on 00:00 EET (Server time) November 10. We would like to remind you that starting from 31.10 leverage for US30, NAS100, SPX500 indices will be lowered from 1:50 to 1:10 on Metatrader 5 trading platform. Leverage will be lowered from October 31 till November 14. Please consider this information while planning your trading. We would like you to be aware that further changes can be made depending on market volatility. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any questions occur, please contact us at support@octafx.com.
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OctaFX trading schedule changes due to the end of Daylight Saving Time OctaFX team would like to notify you that on Sunday, October 30, Daylight Saving Time ends in Europe. Please, note that Forex market and our servers convert from EEST to EET on this date. Our server time will be EET (Eastern European Time) starting Sunday, October 30. Don't forget to consider this fact while planning your trading. Please note, that on Friday, November 4th, 2016, trading on all available instruments will be closed at 23:00 EET (Server Time), due to the fact that the USA converts to Standard time a week later. Trading hours will return to normal from Sunday, November 6th, 2016. Moreover, starting from October 31st to November 4th, 2016, trading on metals, oil and indices will be opened and closed 1 hour earlier than usual (server time). Don't forget to consider this fact while planning your trading. Here is the timetable for your convenience (October 31st - November 4th): *Please mind that blackout for some indices shifts accordingly: For AUS 200 blackout time is 08:30-09:10 EET (instead of 09:30-10:10) For US30, NAS100, SPX500 blackout time is 22:15-22-30 EET (instead of 23:15-23:30) Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to support@octafx.com. Thank you for choosing OctaFX as your top-notch Forex Broker!
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OctaFX: changes in trading conditions for US30, NAS100, SPX500 OctaFX updates trading conditions for US indices. We would like to inform you that starting from 31.10 leverage for US30, NAS100, SPX500 indices will be lowered from 1:50 to 1:10 on Metatrader 5 trading platform. Leverage will be lowered from October 31 till November 14 due to the probable high volatility that can occur during US president elections. We would like you to be aware that further changes can be made depending on market volatility. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to support@octafx.com.
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Welcome cTrader weekly demo contest Round 54 winners! One more round of cTrader weekly demo contest is over, and the results of the contest are announced. While our Round 54 winners celebrate their victory, all traders who want to test their trading abilities can join the contest. We are glad to award prizes to the distinguished winners: 1st place with the award of $150 goes to Mr. Czeslaw Socha from Poland. 2nd place with the award of $100 goes to Mr. Olexandr Korobkin from Ukraine. 3rd place with the award of $75 goes to Mr. Moh. Hanafi from Indonesia. 4th place with the award of $50 goes to Mr. Gang Chen from China. 5th place with the award of $25 goes to Mr. Yasunori Nakatsuta from Japan. If you are still wondering if cTrader Weekly demo contest is a good fit for you, here are a few advantages for you to consider: Free of charge. No registration fee or other expenses. Get a demo account and trade - for free. A chance to win real prizes. The prize fund comprises $400 and is divided among five winners. Fast. The duration of cTrader Weekly demo contest is 1 week, so it won’t take you long to get your prize. Learn and improve. cTrader Weekly is a demo contest which makes it an ideal place to test your skills and develop your abilities with no risk. It is very easy to take part in our contest, just open a demo account to participate in the next cTrader Weekly demo contest round! OctaFX cTrader Weekly demo contest: demo trading, real experience!
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cTrader Weekly demo contest, Round 53: $400 for five winners! Ready to hear the results of OctaFX cTrader Weekly demo contest Round 53? Five outstanding traders shared the well-deserved prize fund of $400, and here they are: 1st place with the award of $150 goes to Mr. Puji Harno from Indonesia. 2nd place with the award of $100 goes to Ms. Sutini from Indonesia. 3rd place with the award of $75 goes to Mr. Misran Marbawi from Indonesia. 4th place with the award of $50 goes to Mr. Mahmoud Ahmed Abed Alaziz from Egypt. 5th place with the award of $25 goes to Mr. Prabhulal Rugnathbhai Rupala from India. OctaFX cTrader Weekly demo contest is quick and easy to participate in. Every new round takes just a week, so if you don’t like to trade and wait for the long time, this contest is a right choice for you! All you have to do is open a cTrader demo account and trade. No deposit is required and no financial risks are involved. If you are not yet familiar with cTrader platform, here are some of its advantages: Direct Market Access brokerage capabilities; Mobile trading; Level II market depth; Full-size tick chart; Reverse position in one click; Double position in one click; Scale out positions; Close all open positions in a single click; ...and many more! Don’t miss your chance and open a demo account to participate in the next round of cTrader Weekly demo contest! OctaFX cTrader Weekly demo contest: try to win!
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Changes in Trading Schedule for GER30 OctaFX would like to inform you of the changes in the trading schedule for GER30 index. Monday, October 3, trading on GER30 (on MetaTrader5) is closed. Trading reopens Tuesday, October 4, 09:00 EET. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to support@octafx.com Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day. Thank you for choosing OctaFX as your top-notch Forex Broker!
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Round 55 of OctaFX Champion demo contest: $1000 for the winners! OctaFX Champion demo contest is a real challenge for the real champions, so let’s congratulate the traders of the month who were the best in Round 55! The prize fund of $1000 was shared between the following Forex masters: 1st place with the award of 500 USD goes to Mr. Dejan Kostovski from Macedonia. 2nd place with the award of 300 USD goes to Mr. Yuliantono from Indonesia. 3rd place with the award of 100 USD goes to Mr. Adi Putra Nugraha from Indonesia. The last place is Mr. Zainal Efendi from Indonesia who has won 100 USD What are their secrets of success and trading experiences? Here are a few exciting stories from our champions! 1st place: Mr. Dejan Kostovski from Macedonia Being an OctaFX Champion feels great. It feels great to know that, for a moment in time, you were the best at something you wanted. Usually I trade during the London and the US sessions (and sometimes Tokyo too) always looking for a good opportunity to enter the market. Economic calendar is helping a lot, so my trading is somehow scheduled. I pay close attention to the announcements because it’s quite probable that they may affect the direction of the market. There were a few days when I was very active and trading took a lot of my time. My focus is mostly on the real trading, but I'd like to continue participating in all your contests - they are all very good. Also, I'd like to win again. When I saw the ranking just 6 days before the end of the contest, I looked at the Economic calendar and decided to trade during the most probable market-moving events. I had a plan to take the risk on the last day of the contest to become the winner. So it worked. To be honest, in this Round of OctaFX Champion demo contest I didn't use any specific strategy. I just traded during the most influential events. Also, to climb the ranking list and to make a big profit on the last day of the contest I had to risk. I tried to anticipate how much EURUSD and GBPUSD will move and scalp all the way down. My most spectacular gain was when the non-farm payroll numbers were announced and the Consumer Price Index numbers came out. I had some loss too, but only once. It was just 20%. If you ask me for a piece of advice, I believe that there is no particular amount of time needed for a trader to become a real pro. Advanced traders say they learn new things every day as they continue to improve, so continuity and consistency are the most important points here. Good traders are those who are able to adjust their strategies and to learn about themselves. But if I were to generalize, it takes at least 6 months or up to 2 years of active trading to become quite a skilled trader. 2nd place: Mr. Yuliantono from Indonesia I’m very happy and proud to take the second prize! I don’t trade too much and too often; only when I have some free time. However, contests have always been appealing to me, I think it’s a great opportunity. What is my key to success? Patience and discipline, of course. There is nothing more important in trading than patience and discipline. The strategy that I use is based on the shape of the candlestick. I will continue to explore this technique in the future. I also get the greatest profits when the major news are released. It took me quite a long time to master my trading techniques. I believe one has to practice from 5 to 10 years to become a good trader. 3rd place: Mr. Adi Putra Nugraha from Indonesia I’m glad to be in the list of winners! I don’t spend a lot of time on trading in general and on contests in particular, it’s some kind of fun for me, so it was a pleasant surprise to get a prize. I’m not sure I will participate in any other promotions in the future, but it was anyway great to take part in this OctaFX Champion round. My favourite strategy is to be able to control emotions. It’s not too easy and it takes some time, but at the end of the day, it’s worth it. The last place: Mr. Zainal Efendi from Indonesia Of course, I want to improve my performance! My goal is to beat the other contestants and become the champion in the next round. I got a valuable lesson and I want to try some other techniques next time. Yes, there are some things that I want to repeat again, hopefully they will work better in the future. For me, Buy Limit & Sell Limit are the keys to maintain profits and avoid losses. Talking about time, it takes no less than 3 years to be a good trader, but I guess I have to go on learning and practicing! OctaFX Champion demo contest offers a $1000 prize fund and an excellent opportunity to test your trading skills without any financial risk. All you have to do is to trade within a month and become the round leader by the finish date! OctaFX Champion demo contest is easy to take part in: just register here and become one of the champions! OctaFX Champion demo contest: bringing success
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OctaFX delights traders with new accounts offering OctaFX, the forex broker renowned for offering the lowest spreads in the industry, today announced a complete revamp of its trading accounts and conditions. In its bid to constantly respond to customer requests and improve trading performance, OctaFX has further enhanced conditions on both MT4 and cTrader accounts as well as launching a brand new MT5 Pro Account. OctaFX’s new Pro Account is designed to suit traders who wish to take advantage of the benefits of the new MT5 platform. MT5 offers numerous new features including an enhanced new user interface, the ability to hedge, opening multiple trades for the same symbol including in opposing directions, and the ability to place Buy Stop Limit and Sell Stop Limit orders, to name but a few. In addition to enabling trading on MT5, OctaFX’s new Pro Account provides users with even lower floating spreads, starting from 0.2 pips. And for those interested in additional currency pairs, indices (Nikkei 225, Nasdaq 100 S&P 500 Dow Jones 30), precious metals or crude oil, a total of 44 instruments are now included. The Pro account is commission-free and the combination of a minimal volume limit of 0.01 lot, 1:200 leverage and advanced MT5 analysis tools enables traders to adapt their strategy to any market conditions. OctaFX has combined the best features of their old Micro and ECN accounts into their newly enhanced MT4 Micro account. These include spreads starting from 0.4 pips, a minimal volume of 0.01 lot and 1:500 leverage. The number of trading instruments available with the MT4 Micro account has been increased to include 28 currency pairs as well as gold and silver. New MT4 ECN accounts are no longer available but existing users of old account types (MT4 or cTrader) can continue to use their old accounts for trading. Traders interested in direct market access are now able to select OctaFX’s revamped cTrader ECN account. This account features raw spreads from 0.0 pips, competitive commissions and 35 currency pairs along with gold and silver and level II quotes. “We have listened attentively to our customers and developed a suite of accounts designed not only to cater to almost all our traders’ needs, but also to provide industry-leading trading conditions,” said an OctaFX spokesperson. “We have built a reputation of putting our customers first and we are thrilled to be able to once again delight traders on OctaFX.com with unrivalled trading conditions.” Here is what some OctaFX customers are saying: I love the Pro account! It has extremely low spreads, includes more instruments and it’s much more interesting to have CFD and Energies in the OctaFX platform. Muhammad Hafizul Abdul Rashid I love the spreads. I do notice there is platinum and palladium on there and 1:200 is good leverage, I think it is safe… This pro account has indices, OctaFX has never offered those before. I'm very happy. Maxim Ferberov To find out more about OctaFX accounts or if you would like to open a new OctaFX MT5 Pro, MT4 Micro or cTrader ECN account, please click here.
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Round 52 of cTrader Weekly demo contest: winners announced! Another week is over, and so is the latest cTrader Weekly demo contest Round 52 which means another $400 have been reserved for the most skilful competitors. This time, the best of the best were: 1st place with the award of $150 goes to Mr. Muhammad Usman from Pakistan. 2nd place with the award of $100 goes to Mr. Mohamed lamine Zaamta from Algeria. 3rd place with the award of $75 goes to Ms. Umu Hikmatin, Se.MM from Indonesia. 4th place with the award of $50 goes to Mr. Rizwan Ali from Pakistan. 5th place with the award of $25 goes to Mr. Imam Pamungkas from Indonesia. Want to join the winners list next time? There is no easier way to test your trading skills and to win in a no-risk environment than to join OctaFX cTrader Weekly demo contest. No funds are required to participate: the competition is held on cTrader demo platform. If you’ve never tried it before, here are a few points to catch your interest: Level II Pricing: a full range of prices directly from liquidity providers; Templates: create and save chart templates to use later; Advanced Chart Trading: simply click-and-drag to trade; Mobile and Web trading; Automatic screenshots; Algorithmic trading with cAlgo; ...and many more! Ready to try and compete? Then open a demo account to take part in the upcoming round of cTrader Weekly demo contest and make sure to do your best! OctaFX cTrader Weekly demo contest: compete and win!
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OctaFX launches MT5 OctaFX has yet again expanded its offering to ensure it provides the best trading conditions in the industry – this time enabling users to trade on the MT5 trading platform. OctaFX provides unrivalled low spreads and commission-free trading on both MT4 and MT5 platforms. MT5 sports a new user interface enabling users to chart assets at 21 different timeframes and have up to 100 different currency charts open at any given time. Key new MT5 features include enabling traders to: Open positions in one click right from the Market Watch window Analyse trends and recognise patterns with over 80 built-in indicators Backtest and optimise EAs in an advanced Strategy Tester Keep updated with the upcoming news releases with the built-in Economic Calendar Place two new types of pending orders - Buy Stop Limit and Sell Stop Limit orders Hedge, opening multiple trades for the same symbol including in opposing directions Enhancing its user offering still further, OctaFX will shortly be announcing revamped account types and conditions. MT5 will be packaged with OctaFX's new Pro Account. Look out for more information on OctaFX's Company News page. To open a new MT5 Pro account Click here. Go to the downloads page to choose the MT5 version that suits you best. MT5 is available for PC, iOS, Android and you can also trade from your browser.
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Round 51 of cTrader Weekly demo contest from OctaFX OctaFX is pleased to announce the new cTrader Weekly demo contest results. This time, the prize fund of $400 is shared between some of our dedicated cTrader demo contestants. Let’s welcome our traders who share the weekly prize fund of $400: 1st place with the award of $150 goes to Mr. Rasyid Annafi Khalilullah from Indonesia. 2nd place with the award of $100 goes to Mr. Gidione Pereira Aguiar from Brazil. 3rd place with the award of $75 goes to Mr. Umar Mustafa Harahap from Indonesia. 4th place with the award of $50 goes to Mr. Wilson from US Virgin Islands. 5th place with the award of $25 goes to Mr. Rizwan Ali from Pakistan. The great advantage of OctaFX cTrader Weekly demo contest is that no risk of loss is involved and no investments are required to win. This contest is an ideal way for both new and existing customers who want to test their trading skills or who are starting out in the Forex market. Using the cTrader platform cannot be any easier. If you’ve never traded on cTrader platform before, it’s now your time to test its unique features: Mobile trading (mobile browser or iOS/Android app) Direct Market Access brokerage capabilities Reversing/doubling position in one click Closing all open positions in one click Creating and sharing screenshots automatically Algorithmic trading with cAlgo Full-size tick chart It is very easy to take part in our contest, just open a demo account to participate in the next cTrader Weekly demo contest round! After you have finished practicing with our cTrader Weekly demo accounts, why not take advantage of our great promotion: open a cTrader real account and get a 50% deposit bonus! OctaFX cTrader Weekly demo contest: demo trading, real experience!
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OctaFX sends best wishes to Muslims celebrating Eid Al-Adha OctaFX sends its best wishes to Muslims around the world celebrating Eid al-Adha, marking the end of Hajj, the holy pilgrimage to Mecca. As Muslims gather with their families we wish you a peaceful and joyous Eid al-Adha. Eid Mubarak from the team at OctaFX.
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OctaFX Security Our client's funds security is our top priority. With OctaFX you can be absolutely sure your deposits are secured in every possible way. Here are some of the measures we take to ensure funds protection: SSL-protected Personal Area We use highly secure technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 128-bit encryption, which makes your browsing safe and your data inaccessible to any third parties. Account verification OctaFX recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured. Secure withdrawal rules Since a withdrawal from a live account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can OctaFX transfer your withdrawal to an unauthorized third party. 3D secure Visa/Mastercard authorization We apply 3D secure technology when processing credit and debit cards. This technology makes all Visa/Mastercard transactions transparent and safe. Advanced protection The OctaFX technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely. OctaFX: your top-notch broker. Join today!
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Round 54 of OctaFX Champion demo contest! The results of Round 54 of the OctaFX Champion demo contest are here, so let's meet and congratulate our recent winners who shared the prize fund of $1000. They were happy to give us their opinions and views into their trading methods and successes. ● 1st place with the award of 500 USD goes to Mr. Sandi from Indonesia. ● 2nd place with the award of 300 USD goes to Mr. Robert Aleniko from Indonesia. ● 3rd place with the award of 100 USD goes to Mr. Modh Azam Yazid from Malaysia. ● The last place is Mr. Anees ur Rehman from Pakistan who has won 100 USD. To know more about how our great winners and how they achieved their success - just read some of the following interviews! 1st place: Mr. Sandi from Indonesia I´m very happy and proud to be a champion of OctaFX contest because I´m a newbie and I could beat the other participants who are more experienced than me. I use almost all of my spare time to focus on the contest because I want to compete seriously. It is important not to be complacent with this victory, and it should be a motivation for the future in trading. Promotions offered by OctaFX are really attractive for traders. If there is any other promotions in the future, I would like to get involved again. The key factor of my success was believing in myself and that I'm capable of using the trading techniques. My advice for other traders is to focus with 1 or 2 techniques and learn them deeply. Also you need to be calm and try not panic while trading. My best profit I made was when I was trading on the news release with a fluctuating movement. And my biggest loss was when the movement of the candle was not in accordance with my expectation. To be a good trader you must go through several phases. The failures at the beginning of trading can be used as trading experience for the future. And of course, you need to be strong mentally. 2nd place: Mr.Robert Aleniko from Indonesia I´m very happy with the victory that I have achieved in this contest, despite only being in second place. With the results that I have obtained during the recent contest, at least there is progress in every open position I made, Sometimes it is enough to see the progress every hour. However, when I have free time, I always check the currency movement to take action at the right moment, to open position in accordance with my analysis. This is my first victory so it makes me even more eager to join in all contests and promotions held by OctaFX. My success in this contest is always followed by news or financial news on the OctaFX website. To reinforce my analysis, I put on some indicators within MetaTrader 4. I still have not mastered the strategies to get a consistent profit, but I am more comfortable using fundamental techniques. The biggest profit that I made was $7 740. And my greatest losses occurred on the last day of the contest because I opened a position without strong analytical and trading thoughts, against the market. In my opinion, it takes a long time to be a good trader who can earn a consistent profit. However, OctaFX can help beginners like me, to understand forex trading. 3rd place: Mr Modh Azam Yazid from Malaysia Thanks for having such a great contest! I´m very, very happy as this is my 1st time that I have achieved this kind of win. I use almost all of my leisure time to learn and practice trading in forex and I used the OctaFX Demo contest as a way to challenge myself. One thing I would suggest is to practice and master one particular technique. I've tried various techniques but now I'm using only one technique which I feel suits me well. It is basically just follow the trend & get into the market at the end of retracement. My best financial gain was when I got 3rd place in OctaFX Champion Demo Contest. I was so happy. Also, my biggest loss was over a period of time, when I lost thousand of dollars learning to trade forex. I have been involved in trading forex for almost two years and I would say I probably need another two years to become a good trader. Last place: Mr. Anees ur Rehman from Pakistan All I can say is that due to some bad trading decisions my trading account came to zero in first week after coming in the TOP 20. I have registered myself in the next round and I will try to improve my skills before trading using a real account. I have learnt a lot from this experience. There is no shortcut to becoming a good trader. You need to focus on the long term rather than the short term. I remember my last trade was successful. On that day I managed to make 400+ USD in my championship account. As per your other questions, it doesn't take much time to trade but you have to dedicate two to three hours minimum per day. And to become a good trader you need to practice for around two years before trading with real accounts using low amounts at first. Ready to try the OctaFX Champion demo contest yourself? Just register here and accept the challenge to be in with a chance to win! Join the OctaFX Champion Demo contest today!
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Round 50 of cTrader Weekly Demo Contest with OctaFX Round 50 of cTrader Weekly demo contest is finally over, and it's our pleasure to announce the brand new winners of the contest! Five skillful traders share the weekly prize fund of $400, and here they are: 1st place with the award of $150 goes to Mr. Dony Fitrah from Indonesia. 2nd place with the award of $100 goes to Mr. Rizwan Ahmed from Pakistan. 3rd place with the award of $75 goes to Mr. Grigoriy Danilov from Uzbekistan. 4th place with the award of $50 goes to Mr. Kirit Rupala from India. 5th place with the award of $25 goes to Ms. Sri Wahyuni from Indonesia. The cTrader Weekly demo contest offers the ideal chance to win one of our valuable prizes while offering a risk-free option in demo trading. If you’ve never traded on cTrader platform before, it’s now your time to test its unique features such as: Mobile trading (mobile browser or iOS/Android app) Direct Market Access brokerage capabilities Creating and sharing screenshots automatically Algorithmic trading with cAlgo Full-size tick chart Reversing/doubling position in one click Closing all open positions in one click This contest is an ideal option both for those who are testing their skills or starting out in the Forex market. Are you ready to test your trading skills and win one of the prizes? Don't miss out! Then open a demo account to participate in the next cTrader Weekly demo contest round! Don't forget to check our website for more great offers!
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50% deposit bonus for cTrader real accounts is now available With the success and popularity of our promotion for users of MT4, we are now introducing it to cTrader users. OctaFX is all about driving Forex trading to new levels and we are proud to announce a 50% deposit bonus for cTrader users! Enjoy trading and add half of your deposit as a bonus! Simply deposit funds to your account and you can choose what bonus you want to have - between 10% to 50% of your deposit. It is the perfect chance to increase your account free margin and potentially gain more profit. Any user, whether new or existing, can enjoy the benefits of the offer. You can also choose to receive bonuses automatically via your Personal Area, every time you deposit to your account. To receive this exclusive offer simply: Register an account with OctaFX Deposit funds to your account with no commissions Get bonus You can get bonus upon each of your deposits and it is withdrawable, please see rules. OctaFX reserves the right to change, update or cancel this promotion with notification in the Company news.
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Industry’s best Islamic accounts OctaFX is proud to be awarded the Best Islamic account Forex Broker title by Forextraders.com! OctaFX Islamic account is a unique offer designed exclusively for Muslim traders. Islamic account has no swap applied during a rollover but a fixed fee instead. This fee is not an interest and primarily depends on the direction of your position. You can calculate the commission for your particular trade using the tool on our website. We care about our customers and we do our best to make their trading experience easy and convenient. Open an award-winning Islamic account with OctaFX today!
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EUR/USD consolidates the vertical rise ahead of US data The EUR/USD pair is currently consolidating the vertical rise witnessed last hours, with the bulls keeping range in the upper bound of 1.12 handle, as focus now shifts to the US dataflow due ahead of the US open. EUR/USD at post-Brexit highs Currently, EUR/USD rallies +0.77% to 1.1269, having posted fresh eight-week highs at 1.1277 post-European open. The main currency pair remains heavily bid, although fails several attempts to take on the recovery further towards 1.13 handle, as the bulls turn nervous heading into the much-awaited US CPI report due later in NA session. However, the bid tone behind the EUR/USD pair remains intact as the US dollar suffers steep losses, largely on the back of repositioning ahead of the key risk events from the US dockets, viz., CPI, industrial output, housing starts, building permits and capacity utilization rate. The USD index meanders near fresh two-month lows of 94.73, recording a 0.82% loss on the day. Calendar-wise, we had the ZEW surveys from Germany as well as the Eurozone, with the German headline ZEW economic sentiment coming in stronger at 0.5 in August as compared to July’s -6.8 points, however, missed markets’ expectations of a 2.0 reading. EUR/USD Technical Levels In terms of technicals, the pair finds the immediate resistance 1.1277 (2-month highs). A break beyond the last, doors will open for a test of 1.1300 (psychological levels). On the flip side, the immediate support is placed at 1.1204 (100--DMA) below which 1.1183 (5-DMA) could be tested.
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Round 53 of OctaFX Champion demo contest: time to know the winners! The results of Round 53 of the OctaFX Champion demo contest are out, so let's meet and congratulate our recent winners who shared the prize fund of $1000. They were happy to give us their insights into their trading methods and successes. ● 1st place with the award of 500 USD goes to Mr. Indra Sakti Laksana from Indonesia. ● 2nd place with the award of 300 USD goes to Mr. Ibnu Hajar from Indonesia. ● 3rd place with the award of 100 USD goes to Mr. Budiman from Indonesia ● The last place is Ms. Insana from Indonesia who has won 100 USD To gain some more insight and tips - just read the following interviews from our successful traders! 1st place: Mr. Indra Sakti Laksana from Indonesia I am very happy to be a winner with OctaFX. I do not spend a lot of time trading, but it takes a lot of concentration to keep up with all the participants. I will take part in every contest whenever possible to practice and focus more. Within trading I use a combination of various analyses of the current price conditions. I have not experienced anything spectacular but it depends on the individual trader. 2nd place: Mr. Ibnu Hajar from Indonesia I am very happy to be involved in the contest although I did not spend much time trading. In the coming months I want to improve my trading knowledge and experience. My plan is to take part in the contest more often after my recent success to improve my chances of winning. Being disciplined in money management is important to trade well. My advice to help you trade better is that you need to see the bigger trading picture. I did not use many techniques, just the Bollinger Bands (BB). It has taken me approximately two years to develop a good understanding of the best strategies. Bollinger Bands - this is a member of the “Trend” family of technical indicators within Forex trading. Traders use the bands to anticipate increases or decreases in volatility that can signal trend changes. Last place: Ms. Insana from Indonesia My plan is to do better in order to achieve better results. This experience has been a lesson for my trading skills. I normally do not spend a lot of time trading as I do it in my spare time. My most successful trade has been a profit of $1159.20. I used BBMA or Bollinger Bands (BB) when I traded recently. To be a good trader and knowledgeable, takes approximately two years I think. It just takes a few moments to join our fantastic contest. Just register here and accept the challenge to be in with a chance to win! Join the OctaFX Champion Demo contest today!
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EUR/USD extending gains, now aims to reclaim 1.1200 handle US Dollar weakness remained a key theme in the FX market on Wednesday, with the EUR/USD pair extending its gains to currently trade around session high near 1.1175 region. After dipping below 200-day SMA on Tuesday, the pair recovered sharply as disappointing US labor productivity now seems have dented prospects of an eventual Fed rate-hike in 2016 and weighing heavily on the greenback. In absence of any important economic releases, broader sentiment surrounding the US Dollar would continue to drive the major until Friday's release of monthly retail sales data from the US. In the meantime, RBNZ monetary policy decision on Thursday might trigger some volatility in the markets and eventually provide some immediate momentum play. From technical perspective, the pair's rebound from 200-day SMA region has lifted it beyond 1.1150 region (50-day SMA) and is also sustaining the strength at higher levels. Hence, only a turnaround in sentiment would hinder the pair's ongoing upward trajectory. Technical levels to watch From current levels, the momentum seems to lift the pair towards 1.1200 handle, which could further get extended towards its next major resistance at 100-day SMA near 1.1230 region. On the flip side, 50-day SMA resistance break-point near 1.1150 now become immediate support to defend, below which the pair could drop to 1.1110-1.1100 support area before heading back towards the very important 200-day SMA support near 1.1080-75 region.
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Local banks deposits are now available for our Indian clients We are happy to announce a deposit option that has been highly requested by our Indian customers. We’ve recently launched Indian local bank deposits and you are free to deposit and withdraw your funds easily using the following banks: AXIS HDFC Here is a detailed instruction how to deposit to your account: Open a real OctaFX account or Log in to your personal area. Choose Indian banks in the “Deposit my account” section. Choose “Wire the funds” and find OctaFX bank details. Make a transfer to OctaFX bank account. The minimum deposit amount is 500 Indian rupees Press the “Notice after transfer” button. Create the “Notice” and specify the amount of the deposit, your payment method, time of payment and your bank name. Press the blue “Request” button. Wait until the request is processed. Done, your account is credited! We offer the best exchange rates as per central bank. We would like to remind you that we charge no commissions! The minimum deposit amount is only 500 Indian rupees. In case you have any questions, please don’t hesitate to contact us. Thank you for trading with OctaFX!
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Introduction of Metatrader 5 Trading platform demo mode The new MetaTrader 5 trading platform is designed to offer practice at brokerage services to customers in Forex, CFDs and Futures, along with equity markets. That's why we would like to announce that we are offering this version of demo trading along with our established demo accounts, for our customers. Demo accounts allow the opportunity to work in a training mode without real money, allowing users to test a trading strategy. They offer all the same functionality as the live ones. The difference is that demo accounts can be opened without any investment and, therefore, a user does not profit from them. It is a powerful demo platform for Forex and Exchange markets. With this platform, it offers the best demo trading platform, thus enabling you to practice execution of trades. The MetaTrader 5 application features netting and hedging systems, 31 technical indicators, 23 analytical objects, one-click-trading and the entire set of trading orders. The program interface has been translated into 41 languages making it a truly international platform for web traders around the world! Millions of users from around the world have chosen MetaTrader 5 demo trading as it allows you to enjoy the independence of practice without any risks. The application is a mixture of the key advantages of the desktop platform with the handiness of the cross-platform nature of the web terminal. MetaTrader 5 can be applied to the following: MetaTrader 5 demo for PCs, smartphones, and tablets or launch the web platform - Rich trading functionality with fundamental and technical market analysis. MetaTrader 5 demo for iPhone and iPad - Over a million users of Apple devices have already downloaded MT5 demo mobile to practice trading Forex, Stock and other securities. MetaTrader 5 for Web Trading - Allows you to practice trading on the Forex and exchange markets from any browser and operating system. MetaTrader 5 for Android - Download MetaTrader 5 demo on your Android OS smartphone or tablet. Successful practice trading on financial markets begins with a comfortable and multi-functional demo trading platform.
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Round 52 of OctaFX Champion demo contest: time to know the winners! The results of Round 52 of OctaFX Champion demo contest are here, so let’s meet some and congratulate our recent winners who shared the prize fund of $1000. They were happy to share their keys to success and secret techniques. Let’s welcome these traders: 1st place with the award of 500 USD goes to Ms. Nur Maid from Indonesia. 2nd place with the award of 300 USD goes to Ms. Nur Hasyim from Indonesia. Do you want to learn how to trade so that you keep winning? Just read these success tips from our best traders! How to win if you take part in the contest for the first time? Should you follow the news or the instincts? Should you trade during high volatility times? Learn the answers from the success stories of OctaFX champions: 1st place: Ms. Nur Maid from Indonesia Thank you for your kind wishes! I am very happy to be in the first position this time, because of the efforts that I've done so far, finally bearing fruit! I trade every day and also will try another contests. The key to my success is patience and the strategy that I used is SnD and good MM. I have been trading for the past 6 years and I am determined to improve my ability to be better. Thanks to OctaFX who have appreciated my trading skill! 2nd place: Ms. Nur Hasyim from Indonesia I´m very proud and happy. I didn't spend a lot of time doing this. I will participate in future contests and other promotions while continuing to learn and how to trade, probably because I've been using MM wisely. The strategy I used is reading the area of supply and demand, therefore I could predict where the market will move. Could I win the contest - no, because I only use the little money I have, to learn about trading. Traders need to learn to be patient. Are you ready to try the OctaFX Champion demo contest yourself? It just takes a few moments to join our fantastic contest. Just register here and accept the challenge! Join the OctaFX Champion Demo contest to have a chance to win!