Basic Information & Regulators
Octa Markets Was Established In 2017 And Is Committed To Developing Into A Reputable, Reliable, Fair And Transparent Foreign Exchange Broker. The Broker Was Granted A Full License By The Cyprus Securities And Exchange Commission In 2018 (license Number: 372/18).
Security Analysis
Octa Markets Holds A Full License From Cyprus CySEC. The Regulator Has Stricter Supervision Of Foreign Exchange, So There Is A Certain Guarantee Of Security. In Addition, The Broker Has Also Initiated A Negative Balance Protection Policy For Each Account, Completely Separating The Client's Funds From The Company's Operating Funds To Protect The Safety Of Client Funds.
Main Business
Octa Markets Provides Investors With Popular Trading Products On Financial Marekt, Mainly Including Spot Foreign Exchange, Stock Index CFDs, Spot Metal CFDs, And Commodity CFDs.
Leverage & Accounts
Octa Markets Sets Up Two Different Account Types For Conservative Traders And Aggressive Traders: MetaTrader5 Account And CTrader Account. The Maximum Leverage Of The Account Is Set According To The Amount Deposited By The Trader Registration. The Default Maximum Leverage For Major Currency Pairs Is 1:20, The Maximum Leverage For Minor Currency Pairs, Gold And Major Indices Is 1:20, And The Maximum Trading Leverage For Commodities Other Than Gold And Non-major Stock Indices Is 1:10.
Spreads & Commission Fees
The Minimum Difference For EUR USD Is 0.4 Points, The Minimum Difference For GBP USD Is 0.5 Points, And The Minimum Difference For EUR GBP Is 0.6 Points. The Minimum Difference For Spot Gold Is 0.8 Points, And The Minimum Difference For Spot Silver Is 1.0 Points
The Minimum Difference For MetaTrader5 Accounts Is 0.3 Points. There Are No Commissions For Foreign Exchange And Precious Metals Trading. The Minimum Difference Of The CTrader Account Is From 0.0 Pips, And The Transaction Is Subject To A Certain Commission. The Commission Includes The Opening Fee Of One Party And The Position Squaring Fee Of The Other Party. There Is No Overnight Interest On The Transaction Of Both Accounts.
Trading Platform
Octa Markets Provides Traders With Two Market-leading And Excellent Performance Trading Software: MT5 And CTrader5. MT5 Is The Latest Version Of The Multi-functional Trading Platform. The Trading System Is Powerful And Supports Various Trade Order Types, Including Markets, Pending Orders And Stop Loss Orders. The Trading Platform Supports Desktop Version, Web Version, Android Version And IOS Version. CTrader5 Has Secondary Quotes, Server Tracking Is Stopped, Cloud As A Service Puts All Accounts And Templates In The Same Place, One-click Trading And Advanced Charting Functions. Traders Can Choose The Trading Software Flexibly According To Their Needs.
Deposit And Withdrawal Funds
Octa Markets Users Do Not Charge Any Handling Fees. In Addition, The Fees Charged By Third-party Institutions Are Also Borne By The Company. The Company Supports Telegraphic Transfer Deposits And Withdrawals. The Minimum Deposit And Withdrawal Amount Is 50 Euros, And It Will Arrive Within 3 To 7 Working Days.
