OctaFX Broker & Trading Software
The OctaFX Broker is a fairly new platform and made a name in the few years from its introduction. It was formed in the year 2011 and has its operating centre in Jakarta, Indonesia. This is the reason why it has Asian countries as its major consumers and targets. Even though this country provides its platforms to more than a 100 countries across the world its major customer are located in South East regions of Asia. It follows global standards so that all its customers can be satisfied.
OctaFX broker allows trade through two broker software, MetaTrader4 and cTrader. The features and description of both these software are provided below.
MetaTrader4
It is also known as MT4 and is an electronic trading platform that used for retail foreign exchange. It is an online platform and was developed by the firm MetaQuotes Software. This platform was released in the year 2005 and has since then become a famous platform. It has both the client and server component making it easy for both the trader and broker to utilize this software. Forex brokers like OctaFX broker who provide software to the clients make use of this platform. The customers get to see the live streaming and charts through the client component of this software. Managing accounts and viewing and conducting trade has been made very easy using this platform.
The reason that this platform gained popularity with clients is because of its ability to provide the end users also known as clients with preprogrammed algorithms and robots. Through these robots trade becomes very easy as all the information is analyzed and judged according to particular criteria. The trader need not make any special effort to carry out the trade. This software provides platforms for both Windows and Mac OS.
cTrader
Traders who prefer trading manually without the assistance of robots like the cTrader platform. Traders get to design their own workspace and customize it according to their needs and requirements. Only some clicks and the design are ready and you are also able to carry out trade without much hassle. For customers who like to stay in con troll of their trade this is the best platform for use with the OctaFX broker. Numerous built in indicators allow the customers to perform trade. The displays options are also customizable and traders can view up to three markets deep with this platform. All devices, browsers and operating systems are supported by this platform. The software can be accessed from any location, thus, trade can be carried out from anywhere.
This platform supports the OctaFX broker and allows customers to set up robots and algorithms according to their requirements. You can add features like back testing through which you can gain many benefits. You can edit the code and customize the robot according to your requirements and the conditions of the market. An in built code editor is provided to accomplish this customization. This is one of the few platforms that allow such extensive customization to all its users. Huge profits can be made directly using a platform and a broker you are comfortable with.
