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OctaFX reviews

Average: 4.6 based on 196 reviews

OctaFX Forex broker reviews

  • Website:
  • Year since: 2011
  • Headquarters: 2 Devonshire Square, London, England, EC2M 4UJ
  • Company registration: Octa Markets Inc.(reg. 19776 IBC 2011), St. Vincent and the Grenadines;
    OctaFX UK Limited, United Kingdom
  • Regulation: FCA UK (#679306)

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Rating interpetation

ali rustam

March 16, 2016

3 years Total
a year with this Broker

the best broker. very good service

Tags: OctaFX reviews

United Kingdom, LarryHills

March 9, 2016

4 years Total
5 months with this Broker

One of the pleasant surprises that I discovered recently. I'm trading with a few brokers here and there and Octafx is one of them. Not too bad for an island broker but they seem to be opening an fca office here in london too which sounds lovely. I hope they'll do it soon. Anyways, they do seem to be fulfulling the promises that they list on their website. There are a few points that I wish they underlined clearer (for example, I deposited in GBP and they had to convert it in USD first which meant some kind of conversion rate. The sum wasn't too bit so I didn't mind that but I wish they wrote about those "surprises" clearer on their website). So I'd recommend contacting the support team first before doing anything to make sure you won't face any issues. That's no big deal though because I try to do this almost every time I join a new broker just to make sure I got everything correctly.

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Netherlands, Geert

November 23, 2015

demo: 3 months; live: 8 months Total
3 months with this Broker

i'm very satisified with this broker. i don't usually leave any reviews, but this time i thought why not, i'm really pleased. everything is fine: time matters, withdrawal, convenience. customer support is sometimes not as reachable as is can be though.

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Andy, UK

November 11, 2015

4 years Total
6 months with this Broker

I chose this broker because of interesting education and different bonuses and contests. I was very pleased wuth kind and fast feedbacks from customer service.Simple registration, simple platform, everything is very easy. I’m ready to share my experience about this company, find me in skype, vovkfx.

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Portugal, Samuel P.

July 17, 2015

2 years Total
6 months with this Broker

Hi, everybody!

Firstly, I was deeply lost in my thoughts while searching for a really good broker which opportunities will satisfy my requirements.... and finally I stopped at OctaFX. The metatrader platform which it presents is very comfortable and the execution is very fast. I haven't got any reqotes problems yet and the withdraw process has always been so flexible. If you do not know which broker is reliable or not or have any trading problems I will be glad to help you, cause I know what it is to be a newbie)

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Vietnam, Tuyen Trinh

June 1, 2015

2 years Total
4 months LIVe with this Broker

All is well, withdrawal is quick.
Among the hundreds of my trading orders, about 2 to 3 times requotes

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India, Rajendra Prasad

May 28, 2015

8yrs Total
6months with this Broker

Initially i found this broker good but i strongly recommend to stay away for heaven sake. I made bigger profits by investing smaller(i mean to say that i almost doubled the account in a couple of days after investing). But things were not as sweet thereafter. The broker uses algorithmic strategy as whenever i tried to exit a position in a profit mode say for a few dollars it didn't close at the said price.The broker stole away a few pips and then closes. Luckily i didn't open any bigger position it would have done huge damage. I just opened 0.50 and when i exited for a profit of 8USD the broker closed for -5USD.So it was a LOSS.Similarly i tried with few more positions and the same story happened. When i asked the broker said that there are no liquidity providers. But in DEMO there are plenty of liquidity providers. Broker is a SCAM and BUCKET SHOP and hates winning.

So if you don't believe what i am saying just invest 1000USD and double it in a couple of days and after that watch how hard this broker would make you to toil by manipulating the things.

But i have pulled my money and deposited with another broker. SCAM SCAM SCAM SCAM SCAM...stay away if you are a winner or stay with OCTAFX if you r a looser.

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Indonesia, Okta Kurniawan A

May 28, 2015

4 years Total
1 year with this Broker

I completyly trade 2 lot to full made a wellcome bonus from octafx, I'm Verry happy trading with it..thanks for octafx

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Vietnam, Tuyen Trinh

April 12, 2015

2 years Total
2 months Demo and 3 months Live with this Broker

Ask Bid (Spread) is wonderful.
There is a little difference between demo account and Live account, but not significantly.
Account Live are usually higher than about (0.3 pips) with Demo accounts
Deposit quickly, I do not withdraw the money, I will update when I withdraw money.
So trading with this broker

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New Zealand,David K

March 31, 2015

4 Years Total
3 Years with this Broker

I am very satisfied to trade with octafx about 3 years,I noticed that this Broker is very polite and very fast execution,excellent customer support and wonderful service very honest and friendly fx company they keep their clients always happy.
OctaFX Best Forex Broker They are really Professional Broker plus very honest helping traders make profit as much as they can without any restrictions.!!
I really like the professionalism that they show to every trader.!
Very Tight Spreads
The spreads which they offer is one of the tightest I seen so far.

Very pleased with their services and excellent support.
OctaFX provides ECN trading facility with true ECN/STP service and OctaFX is an award winning ECN/STP broker. they offer minimum deposit which is rare in many forex brokers.
Thank you very much OctaFX. best Broker I've ever found.
I highly recommended to every trader new or experience.!!

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India, Praveen Gupta

February 26, 2015

4 years Total
1 month with this Broker

Everything is OK with this broker. Deposit, withdrawal,customer support,account opening etc., Technical difficulties is there.
Suppose if you have opened a long position of 0.50 lot size and if the trade goes against you and you want to cut/reduce the position to say 0.10. It doesn't happen. The whole position of 0.50 is closed and then a fresh new position of 0.10 lot size is opened at a new price. This is rubbish as the new position has to break even and then move profitable. This doesn't happen with any other brokers in the trading world.So i do not recommend this broker.

Secondly huge slippage occurs during News hours. So placing pending orders for a break out trade is utter waste. Sometimes both the orders BUY STOP and SELL STOP gets triggered, though the price has moved in only one direction without even touching the other.Seems to me that this broker is BUCKET SHOP. Beware!

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January 28, 2015

8 yrs Total
1 month with this Broker

I don't have any problem with this broker.Pretty good. Funding and withdrawal is instant which we can do it directly from our client profile portal. I have the proof with me..233515 is my MT4 with OCTAFX.
If we are always finding fault with brokers then we wouldn't be trading at all. Please be +ve guys, trust your broker or any broker once you have done with all the preliminary researches. Good luck.!

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Slovakia, Daniel K.

January 23, 2015

2 years live Total
none, I ll try demo with this Broker


everything looks well on the first glance. Customer service is quick, spread are really competitive, no commision fees at all which really surprised me with those raw spreads. Withdrawal seems to be quick according to their web-site. I am glad that they use cTrader but without swaps which I dont need that much actually as intra-day trader.

Not sure if they have protection of customers portfolios when they bancrupt or something will happen.

But I am not really sure...


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January 16, 2015

2 years Total
8 monts LIVE with this Broker

Feeling happy with bonuses usd8..easy make profit bcoz low spread..TQ OCTA...

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Indonesia, Sugiarto

November 14, 2014

1 years Total
1 year Demo, with this Broker

I am very pleased to wellcome bonus of $ 8 because I can to train the courage to take a position in trading in OctaFX. so I always gain little by little, and I will continue to trade on the OctaFX until I succeed better. selamta work and always sucses. terimakasi OctaFX

Tags: OctaFX reviews
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