Can I earn money from OctaFX?

While most people and businesses concentrate on spending and selling stuff at steep discounts, OctaFX offers opportunities to earn money and increase income during this global mass purchase-fest.

What is OctaFX Commission?

COMMISSION. A commission is a service fee charged by the broker from the client. It can be applied to deposit or withdrawal of funds, opening or closing a position, keeping a position overnight. OctaFX does not charge any fee for deposit or withdrawal.

What is fixed rate in OctaFX?

1 US$ = 55 Rs. The fixed Indian rupee rate option is only available for the OctaFX MT4 and OctaFX MT5 accounts where USD is account currency. Any deposit bonuses can be added to the fixed rate accounts only after the rate is applied and the USD is credited to the account. A client can use 10\%, 30\%, 50\% deposit bonus.

Where is OctaFX head office?

Parade MUMBAI Mumbai
OCTAFX INDIA PRIVATE LIMITED is an Indian company incorporated on 04/10/2019 and its registered office address is off no 21,The Arcade,Ground Flr, World Trade Centre Complex,Cuff Parade MUMBAI Mumbai ,City,Maharashtra,India,400005.

Is octafx a good forex broker?

OctaFX offers the popular MetaTrader and cTrader platforms, yet its lack of regulation in a major jurisdiction puts it at a disadvantage compared to other forex brokers. OctaFX is an umbrella brand used by two independent broker entities. Read this OctaFX review to find out if is a good broker or not.

Is octafx illegal in India?

According to our review we found that OctaFX is not officially illegal in India. In India all the share trading platforms are monitored by SEBI, but while reviewing it we did not find any link between octafx and SEBI (Securities Exchange board of India) or RBI.

Is octafx CySEC compliant?

OctaFX is therefore an offshore entity. CySEC and FCA do not govern your trading account and its operations. If you deposit your money with OctaFX, you are taking a huge risk because this firm only has an SVG forex license that does not offer you any trading protection.

Why choose octoctafx Holding Plc?

OctaFX Holding plc is regulated by CySEC (EU) which can give you maximum benefits. The broker has also a dealer license in Mauritius (FSC). In this case, traders can make all their own decisions. There is a huge potential for independent limited business without any leverage.