OctaFX is one of the most generally recognized brokerages in the trading industry. The brokerage, which has over 1.5 million live trading accounts, was founded in 2011 and is based in Saint Vincent and the Grenadines.
The broker was founded in 2011 and is situated in Saint Vincent and the Grenadines. It has more than 1.5 million active trading accounts.
In addition to this, they have established a second operational base in Jakarta, Indonesia. On the EU continent, the brokerage is known as Octa Markets Cyprus Ltd, which has its headquarters in Limassol, Cyprus, and is regulated by CySEC.
Let's take a closer look at how the broker won multiple honors as well as a massive takeover.
11 years of providing brokerage services marks an important milestone for OctaFX. The broker opted for the first time to undergo a graphic rebranding.
Note: OctaFX provides a 50% bonus on each deposit while maintaining tight regulations. Why do you insist on holding out? Quickly obtain your bonus lock.
The logo: The two orbits of OctaFX's new logo represent the all-encompassing help it offers traders on their path to achieving their objectives. The orbits intersect to form the letter 'fx', which is an integral part of the company's name.
The elements: The elements of the new visual identity are all based on centered forces and objects, such as orbits and rays, indicating the broker's continuous concentration on its clients' investment objectives.
Color scheme: Color scheme of deep blues and bright oranges provides the new brand design energy, emphasizing confidence, dynamism, and adaptability.
The transformation: The financial world is rapidly evolving. New difficulties occur every day, and OctaFX is ready to develop and transform in response, all to meet and surpass the expectations of its clients. The new branding was designed to reflect this.
(UrduPoint / Pakistan Point News - 10 August 2022, Lahore) Over the course of more than a decade, OctaFX has accomplished numerous feats. More than 12 million trading accounts have been opened by customers from more than 150 countries. OctaFX opted to adopt a new appearance with refined colors, space-inspired motifs, and a new logo in order to get closer to its clientele.
The concept: Here, the rebranding concept mirrors the broker's mission: OctaFX exists to help everyone reach their investing goals.
We view goals as stars in the vast financial cosmos. Each item represents a distinct blend of a person's requirements and preferences. The path towards the financial objective is not always smooth; there are numerous barriers along the road.
To overcome these obstacles, traders require an appropriate collection of analytical and financial tools, as well as a trustworthy partner. We are here to equip them with everything essential to make efficient trading decisions and achieve their investing goals.
The press office of OctaFX noted that all parts of the new design system transmit this message in a simple yet illustrative manner.
The following three types of trading accounts are available from OctaFX to retail market participants:
The minimum trading volume, which applies to all trading accounts offered by OctaFX, is 0.01 lots.
In addition, the actual differences in the trading accounts offered by OctaFX are caused by the spreads, the accessible assets, and the deposit amounts. The micro and ECN accounts demand a minimum deposit of $100 USD. The minimum deposit amount for PRO trading accounts, however, is $500 USD.
In addition, OctaFX offers Islamic swap-free accounts so that traders who identify as Muslims can do so without worrying about halal or haram issues.
Additionally, OctaFX is renowned for offering respectable spreads, and they are upholding that reputation by offering about 0.7 pips for EUR/USD, 2 pips for XAU/USD, 3.5 pips on NAS100, and 3.1 pips for BTC/USD. You will also receive fixed spreads accounts for MT4 trading accounts in addition to that.
Leverage for currency trading in MT4 accounts is up to 1:500, whereas it is 1:200 in MT5 accounts. The leverage rate for traders in Europe is 1:30.