Is OctaFX Forex Broker The Right Choice For You?

[Ronnie Irani]

Forex brokers have remained to be a huge fan of football clubs, and this why OctaFX has remained to be a proud sponsor of the Southampton Football Club driving its potential to excellence. Not only in terms of the sponsorship, but there are many features that have attracted traders towards it. And this just leaves one thought in mind: Is OctaFX a right choice? The answer to this question will only be revealed here, as here we are going to discuss the features and services of the broker, and realize whether it stands to be a one of a kind broker or not.

 

 

Features of OctaFX Forex Broker

 

 

Known to many, OctaFX comes up with two forms of trading which are Micro Trading and true ECN/STP trading. Before knowing more about the broker, let's discover what exactly these forms of trading are. Micro trading is a common type of forex trading that offers a low risk market to the traders. Unlike the other forms of trading, here the investors only deal with small amounts and thus handle limited risks than the usual. Since the trading volume is low, it taken to be one of the best options for new traders who can try their chance in the arena of trading.

 

 

True ECN or Electronic Communication Network is conferred to be the best way to deal with the Foreign exchange market. In this market, the traders have to follow the sophisticated financial protocol based by the broker and place their trade as per the latest fundamental, graphical and theoretical analysis. Chances of capturing markets with extremely high liquidity is better in this type of trading.

 

 

OctaFX does its best to bring the ultimate micro trading and ECN/STP trading for the broker at the comfort of any device, such as phones, desktops, laptops and tablets too. Besides have a responsive platform it even endeavors high quality features, some of them are

 

·         The spreads and leverage of the broker is quite high which is equivalent to 0.2 pips and 1:500 respectively.

·         There is no spillage and no re-quotes in both the type of trading, which encourages better productivity

·         Gives the opportunity to trade with a maximum of 48 currency pairs along with Gold and Silver too

·         Swap Free Accounts with a market execution of 0.1 seconds, so that you can place your trade in no time

·         Expert advisors, scalping and hedging are allowed in every type of forex trading account offered by the broker.

 

 

Reliability of OctaFX Forex Broker

 

OctaFX has made reliability as its utmost priority. This can be easily understood from the fact that it through effective trading tools, services and features it satisfied the regulatory standards of Wales and England, which is regarded a stringent regulator.  The achievements, reviews and regulatory framework of the broker undoubtedly prove that it is a reliable broker that can turn out to be the right choice for you, as here you can learn, nurture and implement the basic skills, strategies, and techniques that are essential to become an exceptional trader.   

[Leonardo]

For any kinds of trading strategy, the lower spread is much necessary, since the low trading spread helps to make profit easily in a small time. Without the lower spread there is no one who can make good money. That’s why ForexOne the best ECN executing broker I decide to trade. They have the deals for their traders. In their platform they offer the – narrow spread, smart bridge of technology, wide range of trading bonus etc.