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June 20, 2022

OctaFx Sign Up, Login | How to make money on OctaFx Trading Platform

By Bankey Mill Blog, Article 0 Comments

OctaFx Sign Up, OctaFx login, how to make money on OctaFx, how to trade on OctaFx, OctaFx Registration

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OctaFx Account Registration | in this page, I am going to teach you on how to Create OctaFx Account, login and How to make money on OctaFx Trading Platform

Contents

What is OctaFx?

OctaFX is one of the best Forex brokers on the market, for traders all round the world. OctaFX offers access to CFD trading, commodity trading and indices trading with award-winning Forex trading conditions. As well as access to the Forex market, OctaFX offers a variety of promotions that can help you

OctaFX offers a wide range of trading accounts suitable for any trading strategy and any level of your trading experience. Both real and demo accounts are available on two trading platforms—MetaTrader 4 and MetaTrader 5. You can compare accounts and chose the one fitting your individual requirements.

On OctaFx, you can also open as many demo accounts as you want in your Personal Area to practise and test your strategies. You can also win real funds by participating in the OctaFX Champion demo contest.

OctaFx Sign Up – How to Create OctaFx Account

To create OctaFx Trading Account, just follow the steps guide below

View the signup form, fill it out, and press Open Account or link via your social media profile.

Find our message titled Confirm your email address in your inbox, open it, and press Confirm email—you will be redirected to our site.

Fill in all the required information and press Continue, then set up your first trading account and you are ready to go.

OctaFx Login – how to login to OctaFx Account

To sign in to your OctaFx Account, just follow the steps below

1. GOTO the OctaFx login page

2. Enter your email address

3. Click on “login/sign in”.

That’s all.

Do you forget your OctaFx password? – Click on forgot password and then follow the instructions given to you on the page to create another password.

How to make money on OctaFx Copy Trading

How it works

Create an account and make a deposit. Sign up in one easy step and make a deposit to your Wallet via any payment method you like. …
Follow the best traders. Find Masters you want to follow and click ‘Copy’. …
Monitor and profit!

OctaFx Mastery

https://youtu.be/Gz2Iyfp66CA

How to Open OctaFx Demo Account

1. Log in to your Personal Area, select Trading Accounts, and press “Open Demo Account”.

2. Then select your preferred trading platform and press Open Account.

3. Demo accounts emulate real market conditions and prices and can be used to practice, get familiar with the platform, and test your strategy risk-free.

You can also top up your OctaFx Demo Account by Switching to your demo account in the Personal Area and click Top up demo account at the top of the page.

OctaFx Deposit – how to deposit on OctaFx

1. To make a deposit, please log in to your Personal Area.

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2. Switch to the account you would like to deposit at the top of the page.

3. Select the payment system you would like to use under the “Deposit my account” section on the right.

4. Then enter the amount you want to deposit and click “Continue“.

5. Fill in other information if required and click “Confirm“.

NOTE: 1. Bank-wire transfers: All requests are processed within 1-3 hours during business hours of our Financial Department. Skrill/Neteller/FasaPay/Bank Card/Bitcoin deposits: instant.
2. OctaFX does everything possible to ensure their clients have the best rates while depositing. They also don’t charge any commission, and cover deposit and withdrawal fees applied by payment systems. When depositing via VISA or Mastercard, be aware the bank involved in the process will convert your funds according to its exchange rate, if your deposit is in a currency other than EUR or USD. Note that the bank involved in the process may also charge additional fees for the transactions. If a client deposits via Skrill, they pay no extra fees if their Skrill account and trading account are in USD. If the client’s Skrill account is in USD and their trading account is in EUR, the deposit in USD will be converted to EUR as per FX rate. If a client’s Skrill account is in currency other than USD, Skrill will convert the money into USD using their own exchange rate and may charge additional fees. The process of depositing via Neteller is the same as for Skrill.

OctaFx Withdrawal – how to withdraw on OctaFx Trading Platform

To withdraw your money on OctaFx Trading Platform, just follow the procedure below

1. Sign in to your Personal Area

2. Switch to the account you would like to withdraw the funds from.

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3. Click “request withdrawal” in the “Withdraw” section on the right.

4. Enter the amount you would like to request and the other required information.

5. Click “Request“, check the information is correct, then click the “Confirm” button below.

Note that your free margin must exceed the withdrawal amount otherwise the OctaFx Financial department will not be able to process your request. It is especially important to keep track of your free margin when you have open positions.

All requests are processed within 1-3 hours during the working hours of their Financial Department, otherwise the request will be processed on the next business day. You will receive a notification email as soon as your request is processed.

How to Open OctaFx Trading Account

Sign in to your Personal Area with your registration email address and Personal Area password.
Click Create account button on the right of My accounts section or click Trading Accounts, and select Open real Account or Open demo Account.

After opening an account, check your email to find your account credentials. The next step is to download and install a trading platform. You can also find information on trading in the Education section.

OctaFx Trading Types

There are two types of trading on OctaFx Trading Platform.

1. OctaFX MT5

RECOMMENDED FOR:

SMART TRADER

For smart tech trading

2. OctaFX MT4

RECOMMENDED FOR:

HABITUAL TRADER

For an easy start

OctaFX MT5	OctaFX MT4
SPREAD
Floating, starting at 0.6 pips	Floating, starting at 0.6 pips
COMMISSION/SPREAD MARKUP
No сommission, Markup	No сommission, Markup
RECOMMENDED DEPOSIT
100 USD	100 USD
INSTRUMENTS
35 currency pairs + gold and silver + 3 energies + 10 indices + 30 cryptocurrencies	35 currency pairs + gold and silver + 3 energies + 4 indices + 30 cryptocurrencies
LEVERAGE
1:500 for currencies (1:100 for ZARJPY) 1:200 for metals 1:100 for energies 1:50 for indices 1:25 for cryptocurrencies	1:500 for currencies (1:100 for ZARJPY) 1:200 for metals 1:100 for energies 1:50 for indices 1:25 for cryptocurrencies
MINIMUM VOLUME
0.01 lot
MAXIMUM VOLUME
500 lots	200 lots
EXECUTION
Market execution in under 0.1 second
PRECISION
5 digits
DEPOSIT CURRENCIES
USD or EUR
MARGIN CALL/STOP OUT LEVEL
25% / 15%	25% / 15%
HEDGING: they both have this feature

SCALPING: they both have this feature

EXPERT ADVISORS: they both have this feature

SWAPS: they both have this feature

CFD TRADING: they both have this feature

CRYPTOCURRENCY TRADING: they both have this feature

WHAT LEVERAGE SHOULD I SELECT ON OCTAFX?

You can select 1:1, 1:5, 1:15, 1:25, 1:30, 1:50, 1:100, 1:200 or, 1:500 leverage on MT4 or MT5. Leverage is virtual credit given to the client by the company, and it modifies your margin requirements, i.e. the higher the ratio, the lower the margin you need to open an order. To choose the right leverage for your account, you can use our Forex calculator. Leverage can be changed later in your Personal Area.

CAN I OPEN A SWAP-FREE ISLAMIC-FRIENDLY ACCOUNT ON OCTAFX?

All of our accounts are swap-free and Islamic friendly. There is no accumulation, collection or payment of interest rates, according to Islamic standards.

WHAT IS PERSONAL AREA FOR ON OCTAFX?

In your Personal Area, you can open new accounts, manage existing ones, make deposits and request withdrawals, transfer funds between your accounts, claim bonuses, and restore forgotten passwords.

HOW DO I SIGN IN TO MY PERSONAL AREA?

To sign in, please use your registration email address and Personal Area password.

I FORGOT MY OCTAFX PERSONAL AREA PASSWORD. HOW CAN I RESTORE IT?

Visit our password restore page. Enter your registration email address, and click ‘Restore password’. A restoration link will be sent by email. Follow this link, enter a new password twice and click the ‘Submit’ button. Use your email address and new password to log in.

HOW DO I SWITCH BETWEEN ACCOUNTS IN MY PERSONAL AREA?

You can select the account in the drop-down list at the top of the page next to Primary account. You can also do that by clicking on the drop-down arrow next to the account number in My accounts list and selecting Switch to this account.

HOW DO I CHANGE MY OCTAFX LEVERAGE?

Click here or click on the leverage number in the Primary account section. Make sure you have no open positions or pending orders before changing this parameter.

WHERE CAN I FIND ALL OF MY OCTAFX ACCOUNTS?

Click Trading Accounts on the right and open ‘My Accounts’ to see the full list. Here you can view general information including account number, type, currency and balance, switch between accounts, hide or display them on the main page, make deposits, and create withdrawal requests.

HOW CAN I HIDE AN OCTAFX ACCOUNT I AM NOT USING ANYMORE FROM MY ACCOUNTS LIST?

To hide a trading account, sign in to your Personal Area, find its number in ‘My Accounts’ list, click on the drop-down arrow, and select ‘Hide account from the main page’. The account can later be restored in your accounts list.

HOW CAN I CLOSE MY PERSONAL AREA ON OCTAFX?

In order to close your Personal Area, please send a request to [email protected].

WHAT IS OCTAFX ACCOUNT MONITORING?

The Account Monitoring tool has been developed for you to be able to share your performance, charts, profits, orders, and history with others. You can do so by adding your account to Monitoring. You can also use Account Monitoring to view and compare successful traders’ statistics and learn from them.

HOW DO I ADD MY OCTAFX ACCOUNT TO MONITORING?

Sign in to your Personal Area, select ‘My accounts’ and Monitoring on the right. Then find the number of the account you would like to add in ‘Your available accounts’ and click ‘Add to monitoring’.

HOW DO I REMOVE MY OCTAFX ACCOUNT FROM MONITORING?

Open Account Monitoring page in your Personal Area, find the number of the account in ‘Your monitored accounts’ list, and click ‘Remove account’.

HOW DO I HIDE MY REAL ACCOUNT BALANCE ON OCTAFX AND POSITIONS FROM MONITORING?

Open the Account Monitoring page, find the number of the real account in “Your monitored accounts”. Click “Visibility setup” and uncheck the required boxes. Click “Save settings” button below to apply the changes.

CAN I HAVE SEVERAL PERSONAL AREAS?

The OctaFX Personal Area is designed for you to store all the information about your trading in one place. Please be aware that creating several Personal Areas by using multiple email addresses is prohibited.

HOW TO CHANGE MY OCTAFX EMAIL ADDRESS?

Open the My info page in your Personal Area, press Change next to your current email, enter your new address, and press the Change email button. A confirmation link will be sent to both old and new addresses. Follow the link sent to your old email address and the link sent to your new email address to apply the changes.

HOW TO CHANGE MY OCTAFX PHONE NUMBER?

Open My personal info page and click ‘Change’ next to your current phone number.

HOW CAN GET A NEW OCTAFX TRADER PASSWORD?

Please sign in to your Personal Area, click Settings on the right and Restore passwords below. Tick ‘Account password’ box and select the number of your account from the drop-down menu. Enter ReCaptcha and click ‘Submit’ button. New trader password will be sent to your email address.

HOW CAN I CHANGE MY OCTAFX PIN CODE?

In your Personal Area, click Settings and choose Change passwords. Tick the ‘OctaFX PIN’ box, enter your current OctaFX PIN and the new OctaFX PIN code twice. Click the ‘Change’ button to apply the changes.

HOW CAN I SET A NEW PERSONAL AREA PASSWORD ON OCTAFX?

To set a new Personal Area password, sign in using your current password, open Settings, select Change passwords on the right, then ‘Personal Area password’. Enter your current password into the ‘Current’ field and new password into ‘New’ and ‘Repeat’ fields. Click the ‘Change’ button to confirm.

HOW CAN I CHANGE MY TRADER PASSWORD ON OCTAFX?

You can change your trader password in your Personal Area. Sign in using your registration email address and Personal Area password. Open the Change passwords page under Settings on the right, check ‘Account password’, and choose the account number from the drop down menu. Then enter your current trader password in the ‘Current’ box, followed by a new password into ‘New’ and ‘Repeat’. Select ‘Change’ to save the new password.

HOW CAN I RESTORE MY OCTAFX TRADER PASSWORD?

Log in to your Personal Area, then choose Settings to the right side, and select Restore password. Choose the password you would like to restore (OctaFX PIN, account password), enter the ReCaptcha, and click ‘Submit’. The new password will be sent to your email address.

HOW CAN I RESTORE OR CHANGE MY OCTAFX INVESTOR PASSWORD?

You cannot restore the Investor password. You can set it in your MT4 or MT5. Please follow the steps below:

Select ‘Tools’ and click ‘Options’.
Under the ‘Server’ tab, select ‘Change’.
Insert the current master password in the ‘Current Password’ text field.
Select ‘Change investor password’ if it is not marked yet.
Insert the new investor password in the ‘New Password’ text field.
Re-type the new investor password in the ‘Confirm’ text field.

MY OCTAFX WITHDRAWAL REQUEST STATUS IS PENDING. WHAT DOES THAT MEAN?

Your withdrawal request is in the queue, and you will be notified as soon as it is processed by our Financial Department.

WHY WAS MY OCTAFX WITHDRAWAL REJECTED?

There may not have been enough free margin to process your withdrawal, or some of the data could have been incorrect. You can check the exact reason in the notification sent via email.

CAN I CANCEL MY OCTAFX WITHDRAWAL REQUEST?

Yes, you can cancel a withdrawal request in My withdrawal history.

MY OCTAFX WITHDRAWAL WAS PROCESSED BUT I HAVE NOT RECEIVED THE FUNDS YET. WHAT SHOULD I DO?

Please get in touch with customer service.

HOW TO TRANSFER THE FUNDS BETWEEN MY REAL ACCOUNTS ON OCTAFX?

Yes, you can create an internal transfer request in your Personal Area.

Press ≡ to view the right-hand menu.
View the “Internal transfer” section.
Select the account you would like to transfer the funds from.
Enter the amount.
Choose the account you would like to transfer the funds to.
Enter your OctaFX PIN.
Press Submit Request below.
And finally, check everything is correct and confirm your request.

IS OCTAFX INTERNAL TRANSFER INSTANT?

Internal transfers are processed automatically, unless they require manual processing by the Financial Department for security reasons. In that case your request will be processed within 1-3 hours in during the office hours of our Financial Department.

DO OCTAFX CHANGE ANY FEES FOR INTERNAL TRANSFERS?

No fees apply on internal transfers. If you transfer the funds from USD to EUR account or vice versa, they will be converted by the current market quote.

CAN I CLAIM OCTAFX DEPOSIT BONUS ON AN INTERNAL TRANSFER?

No, you can only claim the Bonus on deposits.

OctaFx CopyTrading for Copier

Read below to know more about the OctaFx CopyTrading for Copier

HOW DO I CHOOSE A MASTER TRADER TO COPY ON OCTAFX?

Examine the Master Trader’s stats firstly. It includes risk score, gain, profit and loss, number of copiers, commission, orders history, and other statistical data to help you make an informed decision. To start copying, fund your account.

WHAT ARE THE COPYING OPTIONS AVAILABLE ON OCTAFX?

When you subscribe to the Master Trader, you specify the copying proportion and decide whether to add support funds. When you press Start copying, the funds are debited from your Wallet, and the copying starts. You can subscribe to an unlimited number of Master Traders simultaneously.

DO OCTAFX CHARGE ANY COMMISSION FOR COPYING?

As your broker, we do not charge commissions. You only pay the Master Trader’s commission, which is predetermined and specified individually. Each Master Trader’s stats display the commission size.

HOW DO I STOP COPYING A MASTER TRADER ON OCTAFX?

You can unsubscribe from the Master Trader and stop copying the orders at any moment. When you unsubscribe, all funds invested with the Master Trader and your profit from copying are credited to your Wallet.

HOW CAN I WITHDRAW MY PROFIT ON OCTAFX?

You can withdraw funds from your Wallet. End your subscription to the Master Trader to transfer your investments and profit there. Note that you won’t receive your original investment back if you end your subscription to the Master Trader with a loss. The amount of loss will be subtracted from your initial investment.

OctaFX Copytrading for Master Traders

Read below to know about the OctaFx CopyTrading for master traders

HOW CAN I BECOME A MASTER TRADER ON OCTAFX?

Any OctaFX client with an MT4 account can become a Master Trader. Just go to your Master Area and set up your Master Account.

HOW DO I ADJUST THE AMOUNT OF THE COMMISSION I CHARGE MY COPIERS ON OCTAFX?

Go to your Master Area, view Settings, adjust the commission using the slider, and save changes. The new commission will only be charged from the Copiers to subscribe to you after the adjustment. For all other Copiers, the commission amount will remain unchanged.

WHEN DO I GET COMMISSION PAYMENTS FROM MY COPIERS ON OCTAFX?

Payouts are made on Sundays at 6:00 p.m. (EET) every week.

WHEN IS THE OCTAFX COMMISSION CHARGED TO MY COPIERS?

The commission is charged on Saturdays for closed orders.

HOW DO I GET THE OCTAFX COMMISSION?

We transfer it to a special Wallet. From your Wallet, you can add it to any of your trading accounts, or withdraw it.

That’s all.

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