Octa.Trade Review – Can You Achieve Your Trading Goals?
Octa.Trade
Details
| Broker | Octa.Trade |
|---|---|
| Website URL | https://www.octa.trade/ |
| Headquarters | London, UK |
| Support Number | /+(44)2038370019 |
| Support Types | Phone , email , direct message |
| Languages | English |
| Trading Platform | WebTrader Desktop, WebTrader Mobile |
| Minimum 1st Deposit | None |
| Minimum Account Size | $0 |
| Bonus | Yes |
| Leverage | Varied |
| Spread | Varied |
| Free Demo Account |
 |
| Account Types | Basic , Bronze , Silver , Gold , Platinum , Black |
| Deposit Methods | Credit/debit cards , bank wires , E-Money |
| Withdrawal Methods | Credit/debit cards , bank wires , E-Money |
| Number of Assets | 1,000+ |
| Types of Assets | Stocks, indices, commodities, forex, cryptocurrencies |
| US Traders Allowed |  |
| Mobile Trading |
|
| Tablet Trading |
|
| Overall Score | 96 |
About Octa.Trade
Octa.Trade is a provider of financial services currently working for traders across the globe wanting to take advantage of the opportunities emerging in CFDs, like FX, stocks, indices, commodities, or cryptocurrencies. Thanks to the software provided by the company, customers have instant access to the global markets, regardless of the device they want to use.
Relying only on professional expertise and technical resources to offer high-quality services, Octa.Trade has built a solid reputation in the online trading industry. Competence, integrity, and honesty are among the core values, now that the world of finance is open to the wider public. The current review will analyze whether Octa.Trade manages to provide secure and low-cost trading for millions of traders.
Trading Products
One of the main reasons why Octa.Trade has been receiving positive feedback lately has to do with the 1,000+ instruments covered. Stocks continue to be some of the most traded assets in the world and with this broker, traders have access to the most popular companies.
Also, the largest financial market – FX – cannot be ignored. Tens of CFDs based on currency are available for Octa.Trade customers, with tight costs and fast execution.
Diversification is what traders and investors desire, to protect themselves against volatility while reducing trading costs. That can be done with the selection of indices CFDs, covered by Octa.Trade.
Commodities like oil, gold, wheat, and others are trending assets on the back of elevated inflation around the world. Traders can spot many different short-term opportunities here as well. Ultimately, the Octa.Trade asset coverage includes some of the most popular cryptocurrencies, including Bitcoin, Ether, Litecoin, and XRP.
Platforms
Thanks to the Octa.Trade desktop platform, customers can discover what smart investing actually means. Combining simplicity and sophisticated trading tools, it is now used to analyze instruments both from a technical and fundamental point of view.
On the dashboard, traders will find features such as one-click order execution and real-time data feeds. Octa.Trade provides the latest market news and analysis, as well as trading signals into the platform, saving customers time and keeping their attention on the platform.
Security as a Top Priority
One of the biggest concerns of traders these days is the safety of their funds. We’ve heard of several cases where websites are hacked and financial details are stolen. Octa.Trade’s environment, in that sense, is as secure as it gets. Segregation is kept between funds, and the brand uses the most reputable mechanisms in order to safeguard any amount deposited.
Information privacy is also an issue, since people are really afraid it will fall into the wrong hands. That’s why Octa.Trade deploys SSL (secure socket layers), ensuring encryption to the highest level. On the legal side, the brand complies to the strictest AML and KYC standards in the market. It is important to say that these regulations might cause delays in withdrawals, but it is definitely worth the time for the extra security.
Education is Power
The services available with Octa.Trade are not limited to trading alone. In this case, the company focuses on trading education, ensuring access to a wide range of resources. Traders willing to learn can go through a lot of materials related to all major markets.
That means they can get access to new trading methods, see how experts view the market and enhance their abilities day-in-day-out week-in-week-out. Keep in mind that the magnitude of access to educational resources depends on the account type chosen by each customer.
Payment Methods
Online trading must be secure and one of the main concerns for users once they sign up for an account is whether the broker puts financial security at the top. When it comes to Octa.Trade, the company relies solely on a range of secure and convenient payment methods.
Traders can choose the best-suited option between credit/debit cards, bank wire transfers, or e-wallets such as Skrill or Neteller. In the case of payments done via credit/debit cards, all funds will be immediately shifted to the Octa.Trade trading account. The same goes with a Skrill deposit.
However, when using a bank wire, it could take up to 3-5 business days for that to happen. It depends on each customer’s country of residence and the banks involved. The Octa.Trade support team is available 24/6 to ensure account management support. Traders can get in touch with a representative via live chat or email.
Summary
Since there is no other point in time when interest for retail trading has been so elevated, the bar is set high and brokerage houses need to provide competitive conditions. In the case of Octa.Trade, it turns out there are a handful of benefits traders will like, now that the major markets are active each day. This is an inclusive broker, providing accessibility even for those with little funding available.
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