Thread: OctaFX.Com - No-Deposit Bonus 8 USD + 30% Bonus on each deposit

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.

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 *******:

• 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

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 [email protected] 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!

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!

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!

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 [email protected].

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 [email protected].

Thank you for choosing OctaFX as your top-notch Forex Broker!

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 [email protected].

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: [email protected].

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 [email protected].

Thank you for your patience!