OctaFX Review - OctaFX Welcome Bonus
OctaFX offers all new clients a free $8 Welcome Bonus on opening an account. Clients can use this money to trade in the live markets and gather market knowledge before making any investment decisions.
The broker is a good choice for those who are looking for low spreads, a variety of trading options, and excellent support. It also features a demo account and is regulated by CySEC.
Free $8 Welcome Bonus
OctaFX offers a free $8 Welcome Bonus to all new clients on opening an account. This is a great opportunity to try out this broker and see if it fits your trading style.
To qualify for this offer, you must register an account using a real email address and verify your identity by uploading copies of documents proving your ID to the Trader’s Room. After successful verification, the “Welcome Bonus” button will be visible in the Trader’s Room.
This $8 bonus is the largest you will find at this broker and comes in the form of an instant credit to your account that can be used to trade. You can deposit and withdraw using Mastercard, Visa and other major credit cards.
The downside is that this offer is only available for the Micro accounts. Those are the ones that offer the most competitive spreads and leverage.
Besides the $8 no deposit bonus, OctaFX also has an excellent VIP club that pays from $100 to $2,000 every month to introducing brokers who bring in new customers. In addition, it has a number of other bonuses that include free trading seminars and webinars as well as a range of educational materials to help you improve your Forex skills. Among other things, it also offers an excellent customer support team. If you have any questions, you can always reach them via email or live chat. You can even ask for a demo account to practice before you invest your own money. Lastly, the broker also has a mobile app that you can download for Android and iOS.
No minimum deposit required
OctaFX is a Forex broker that offers a low minimum deposit requirement, which is ideal for newbies. It also provides access to a wide range of trading instruments. This means that you can trade a variety of different assets, including US and UK stocks, Japanese equities, and more.
You can open a real or demo account with OctaFX, and there’s no limit to how many accounts you can have. The broker also offers customer support in multiple languages, so you can reach them if you have any questions or problems.
After filling in your details, you’ll receive an email from OctaFX to verify that your account has been created and is ready to trade. Traders must confirm their account by clicking the blue Confirm button within the email they receive.
Once verified, you can start trading immediately! OctaFX supports a number of popular payment methods, including bank transfers, Visa cards, Neteller, and Skrill. The platform also supports cryptocurrency withdrawals.
The OctaFX website provides a variety of educational materials and resources for beginners. This includes video tutorials, a glossary of terms, and an FAQ section. In addition, it offers a live chat option for clients who have more complex questions or need assistance.
Traders can also participate in the Trade & Win program, which awards prizes for every lot traded. These prizes include cars and scooters, and there are also weekly random draws that give away MacBooks!
If you’re new to forex, OctaFX offers a free demo account that allows you to practice trading without risking any real money. This is a great way to get started, and you can even monitor your results with the demo account’s built-in tracking feature.
In addition to its no minimum deposit, OctaFX also has a 50 percent bonus for deposits. This bonus can be used to trade any asset or currency pair, and it is valid for 30 days. The company also has a 4-tier status program and offers a referral program.
The OctaFX platform is based in Cyprus, and it is regulated by the CySEC. This is the official regulatory authority for brokerage activities in the Eurozone. Its license number is 372/18, and it has a strong reputation as one of the top brokers in the industry.
Free live trading session
The OctaFX free live trading session is a great way to get started with forex trading. It allows you to trade with a real-life broker and try out their platform without having to risk your own money. The trading session is available 5 days a week. The support team at OctaFX is also very helpful, responding to questions quickly and efficiently.
Before you can start trading, however, you will need to register for an account with OctaFX. This is done by providing personal details and verifying your identity. The broker does this to ensure that it is not scamming customers and that you are a legitimate trader.
When you make your first deposit at OctaFX, you will receive a bonus of up to 50%. This will help to boost your trading capital and make it easier for you to make profitable trades.
To receive the bonus, you will need to meet certain conditions, which include a minimum volume requirement and the ability to withdraw it before it is used up. These requirements are not difficult to satisfy, so it is a good idea to take advantage of this bonus.
You can deposit funds into your account by using a variety of payment methods, including traditional options like credit card and bank transfer, as well as digital options like Skrill and Neteller. These methods offer low withdrawal fees and are fast and convenient.
In addition to the deposit bonus, OctaFX offers a range of other promotions that are worth checking out. These can include a free demo account and a referral program whereby you will earn commissions on trades made by people who sign up through your link.
This is a great way for new traders to get started with the trading market, and it can be an excellent way for existing customers to make some extra cash. In addition, OctaFX offers a number of trading tools and educational materials that can help you to learn more about the trading world.
The broker’s educational resources include trading signals, Autochartist, market research and news, guides, tutorials, and an extensive FAQ section. In addition, the company offers live support via email, phone, WhatsApp, Telegram, and social media channels. The support staff is very helpful and can answer your questions quickly and efficiently, even if you have a question about an unfamiliar product or strategy.
Free educational materials
The OctaFX online trading platform is home to a few nifty features. One of the most useful is the free demo account, which is a must for anyone looking to test the waters. In addition to free trading practice, the platform also offers a comprehensive education section with articles, videos, and tutorials. The site also has a multilingual support team that is more than happy to answer your questions and provide you with helpful hints.
While the aforementioned 50% free bonus has to be the biggest claim to fame, the best way to take advantage of this offer is to make an informed decision about what you are looking to trade and how much risk you are willing to assume. This will help you to make the right choices about which bonuses to claim and what features to look out for when deciding which broker is the best for your trading style.