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OctaFX official representative

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  • Post #1
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  • First Post: Aug 28, 2015 10:45am Aug 28, 2015 10:45am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts
Dear traders,

This thread is created to answer any questions you have about OctaFX. Moreover, we are going to post here top news and announcements, information on our special offers. Our principle is all about making your trading experience incredibly convenient, driving Forex trading to a whole new level!

Looking forward to your replies!

Respectfully yours,

OctaFX Representative
  • Post #2
  • Quote
  • Aug 31, 2015 6:55am Aug 31, 2015 6:55am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts

OctaFX is delighted to support Southampton FC competing in English Premier League



We are delighted to announce the official partnership with Southampton FC promising and talented EPL Football Club. OctaFX is proud to support Southampton FC, nicknamed The Saints, and the sport our clients have passion for.

We consider SH FC as one of the most successful, aspiring and resourceful clubs in English Premier League. The club showed good results in the past season and we hope to help Saints fulfil their potential in all fields, both at home and overseas in the coming Premier League season and while competing in Europa League.

We are proud to be involved in this partnership, and we hope we can invest in Southamptons success and be a part of new improvements.


Daniel Harris

Director, OctaFX UK Limited

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Southampton FC Chief Executive Officer Gareth Rogers commented: We are delighted to be partnering with OctaFX, an award-winning and FCA-registered forex broker. Both ourselves and OctaFX are growing rapidly on a global scale, and our shared values around hard work, dedication and aspiration stand us in excellent stead for a successful partnership.

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Being the Clubs Official Forex partner we emphasise the importance of nurturing the talent and growing something small into something big, never stopping in the face of adversity. We believe that the collaboration with the football club will motivate and inspire our clients to accomplish their aims.


Follow our sponsorship page and social media to learn the latest news of partnership activations and stay tuned to enter our Southampton Club promotions first!



OctaFX Potential into excellence on a trading level

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  • Post #3
  • Quote
  • Aug 31, 2015 11:52am Aug 31, 2015 11:52am
  •  oversea
  • | Joined Aug 2015 | Status: Member | 9 Posts
Hi Daniel.

Is OctaFX UK still not on-boarding clients? or was I given mistaken information?
 
 
  • Post #4
  • Quote
  • Aug 31, 2015 2:59pm Aug 31, 2015 2:59pm
  •  farix
  • | Joined Nov 2014 | Status: Member | 40 Posts
What about several claims of OctaFX closing winning traders accounts??

Many reviews can be found here:
http://www.forexpeacearmy.com/public...www.octafx.com
 
 
  • Post #5
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  • Sep 1, 2015 6:09am Sep 1, 2015 6:09am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts
Quoting oversea
Disliked
Hi Daniel. Is OctaFX UK still not on-boarding clients? or was I given mistaken information?
Ignored
Hello oversea!

Yes, we still do not accept UK clients, but we are in the process of development now, so, stay tuned to our latest announcements and new services!
 
 
  • Post #6
  • Quote
  • Sep 1, 2015 8:15am Sep 1, 2015 8:15am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts
Quoting farix
Disliked
What about several claims of OctaFX closing winning traders accounts?? Many reviews can be found here: http://www.forexpeacearmy.com/public...www.octafx.com
Ignored
Good day farix!

If we look at forexpeacearmy.com, we will see that each broker there has some bad reviews, but it is not a reason to charge the broker with infraction of its obligations. It should be noticed that we do not close accounts of winning traders, we do not play this game! We close such the accounts which owners evoke suspicious, compromise themselves, violate the agreement, abuse some conditions and etc. The fact is that OctaFX has a wide range of clients making profits and FPA has a wide range of "cheaters" boosting their "trustful" reviews.

Actually, OctaFX sets the highest service level standards and maintains them, so, we will be glad to receive really useful criticism in order to develop and improve our services and make your trading experience more and more convenient.
 
 
  • Post #7
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  • Sep 1, 2015 8:57am Sep 1, 2015 8:57am
  •  farix
  • | Joined Nov 2014 | Status: Member | 40 Posts
fair enugh
 
 
  • Post #8
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  • Edited at 9:20am Sep 1, 2015 9:10am | Edited at 9:20am
  •  duxis
  • | Joined May 2008 | Status: Member | 464 Posts
Quoting OctaFX.Rep
Disliked
Yes, we still do not accept UK clients
Ignored
Why ? FCA regulated.

Quote
Disliked
suspicious, compromise themselves, violate the agreement, abuse some conditions and etc.

I have just checked your liquidity, one of the worst that I met as an ECN

EURUSD , current hour :

FXCM (for example) : 19637 ticks
OCTAFX : 3432 ticks (Very strange, we are closer to a market maker)

so I am not surprised that some were tempted by bad practices (razor scalping, arbitrage).
Many reviewers complain about slippage , no tricks, once again it's the consequence of a poor liquidity at OctaFX.
 
1
  • Post #9
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  • Sep 1, 2015 9:54am Sep 1, 2015 9:54am
  •  oversea
  • | Joined Aug 2015 | Status: Member | 9 Posts
Quoting OctaFX.Rep
Disliked
Hello oversea! Yes, we still do not accept UK clients, but we are in the process of development now, so, stay tuned to our latest announcements and new services!
Ignored
Thanks for the reply...when you do anticipate to begin on-boarding?
 
 
  • Post #10
  • Quote
  • Sep 1, 2015 10:31am Sep 1, 2015 10:31am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts
Quoting oversea
Disliked
{quote} Thanks for the reply...when you do anticipate to begin on-boarding?
Ignored
Dear oversea!

It’s going to happen in almost no time! As soon as we’re fully ready to welcome customers, we’ll let you know. Meanwhile, you can enjoy our services at octafx.com!
 
 
  • Post #11
  • Quote
  • Sep 2, 2015 3:13am Sep 2, 2015 3:13am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts
Dear duxis!

Thank you for your feedback!

Quote
Disliked
Why ? FCA regulated.

As soon as all necessary changes in compliance with the new status are made, we'll be able to accept the UK clients. The licence is still pending the complete approval, but we assure you, it will happen soon enough!

Quote
Disliked
I have just checked your liquidity, one of the worst that I met as an ECN EURUSD , current hour : FXCM (for example) : 19637 ticks OCTAFX : 3432 ticks (Very strange, we are closer to a market maker) so I am not surprised that some were tempted...

That is an interesting one, thank you Went to to check the tick volumes that we have and it turned to be about 20k an hour, more or less like everyone else out there, or even slightly better. We only display top book (i.e. best available) ticks in MT4 generally for technical reasons and MT4 restrictions. And the orders are executed by these prices in 99% of the cases (we checked that as well). But the other levels still exist "beneath" the MT4 charts, if you wish.

OctaFX cTrader, btw, displays all the liquidity levels, you can check that and let me know if you've seen it.
 
 
  • Post #12
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  • Sep 2, 2015 7:28am Sep 2, 2015 7:28am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts

OctaFX launches Thai version of website

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Dear clients from Thailand!

We are glad to announce the launch of Thai version of our website. Its great news for our valuable Thai-speaking clients, who inspired us for this improvement. Now the whole OctaFX site is available in Thai. You can read company news, log into your personal area, receive letters from OctaFX in your native language!

Communication with clients is one of our top priorities, and we aim to understand the language you speak. Today we are proud to welcome Thai-speaking clients! OctaFX has a client-oriented vision that inspires us to excel our services and our performance. We continue adding new languages in our language portfolio. It means that the new launches are coming soon!


Stay tuned to learn more about our improvements and new features.


 
 
  • Post #13
  • Quote
  • Sep 2, 2015 1:26pm Sep 2, 2015 1:26pm
  •  duxis
  • | Joined May 2008 | Status: Member | 464 Posts
Quoting OctaFX.Rep
Disliked
We only display top book (i.e. best available) ticks in MT4
Ignored
like other broker i mentioned, are you trying to evade the issue ?

FXCM MT4 or JFDbrokers MT4 (for example) display an huge amount of ticks (at level I ! best bid/ask) without any restrictions ,
my question is why you are not able to provide the same quality on your side, suggesting that you are not a true ECN.
 
 
  • Post #14
  • Quote
  • Sep 2, 2015 2:05pm Sep 2, 2015 2:05pm
  •  ChanhXanh
  • | Joined Jul 2012 | Status: Member | 250 Posts
Dear OctaFx Team,

For example I decide to buy 0.10 EUR/USD Long, who will be my counterparty ???

Could you please explain to me how trades are executed ???

Thank you
 
 
  • Post #15
  • Quote
  • Sep 3, 2015 2:20am Sep 3, 2015 2:20am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts
Quote
Disliked
like other broker i mentioned, are you trying to evade the issue ?

Dear duxis!

Yes, sure. It was also us who killed Kennedy, just psst! don't tell anybody. Seriously though, exactly which word in the sentence above makes you think I am trying to evade anything?

Quote
Disliked
FXCM MT4 or JFDbrokers MT4 (for example) display an huge amount of ticks (at level I ! best bid/ask) without any restrictions , my question is why you are not able to provide the same quality on your side, suggesting that you are not a true ECN.

Again, who and when told you we were not able to do so? We are, the question is whether it's really needed or not. We are researching the demand (right here right now). If it's demanded by the clients, it will be introduced, why not?

As for the true and untrue ECN, it's a long story, of course, but what exactly does the word "true ECN" mean in your mind?
 
 
  • Post #16
  • Quote
  • Sep 3, 2015 2:22am Sep 3, 2015 2:22am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts
Quoting ChanhXanh
Disliked
Dear OctaFx Team, For example I decide to buy 0.10 EUR/USD Long, who will be my counterparty ??? Could you please explain to me how trades are executed ??? Thank you
Ignored

Good day to you, ChanhXanh!

Thank you for your questions!

It will be most likely passed to LMAX Exchange and then, well, depending on the available liquidity, someone from their counterparties. It's an exchange after all.
This is how it works in general.
 
 
  • Post #17
  • Quote
  • Sep 3, 2015 2:27am Sep 3, 2015 2:27am
  •  ChanhXanh
  • | Joined Jul 2012 | Status: Member | 250 Posts
Quoting OctaFX.Rep
Disliked
{quote} Good day to you, ChanhXanh! Thank you for your questions! It will be most likely passed to LMAX Exchange and then, well, depending on the available liquidity, someone from their counterparties. It's an exchange after all. This is how it works in general.
Ignored
Thanks for the reply
 
 
  • Post #18
  • Quote
  • Sep 8, 2015 3:34am Sep 8, 2015 3:34am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts

Electrify your trading with OctaFX!

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OctaFX announces the greatest real contest since Big Bang! OctaFX team is proud to present you our latest promotion - OctaFX Supercharged real contest! This contest is developed by the qualified team that brought you our celebrated King of the Road real contest! The main aim of the competition remains the same, we have just added more valuable prizes and more fun!

We are glad that we can finally present our new contest to the world! Weve been designing it not to be about your account balance, but about your abilities to trade skillfully! Its all youve been waiting for!

The contest starts on November 17, 2014 at the Market opening and finishes on May 13, 2016 at the Market closure. Let us present you the top-notch prizes we have prepared:

  1. Tesla Model S
  2. Smart Fortwo
  3. Renault Twizy
  4. The latest Apple iMac
  5. The latest Apple MacBook pro
  6. The latest Apple Macbook Air
  7. The latest Apple Mac Mini
  8. The latest Apple iPad
  9. Apple iPhone 6 plus
  10. Apple iPhone 6


Apart from main contest prizes, there is a monthly prize - a brand-new iPhone 6 to award the trader of the month! While chasing Tesla Model S you can now win several rounds of this new real contest! Monthly round starts every 4 weeks. Feel free to consult our How to Win section to know more about point calculation formulas.
Take part in the contest by registering a real account, deposit it by at least $150 and start winning contest points! Trade your real account skillfully, earn achievements, communicate with fellow traders and win one of our amazing prizes! Read the full Rules of the contest here.




OctaFX Supercharged real contest - high-voltage trading brought to you by OctaFX!

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  • Post #19
  • Quote
  • Sep 9, 2015 3:33am Sep 9, 2015 3:33am
  •  OctaFX.Rep
  • | Joined Aug 2015 | Status: Member | 222 Posts

OctaFX welcomes new Round 42 OctaFX Champion demo contest winners!



We are proud to announce Round 42 OctaFX Champion demo contest winners! We are glad to share the names of our winners and divide $1000 prize fund between 4 lucky traders! These champions proved themselves to be good traders and, thus, earned our praise. For those who want to challenge themselves in our highly participated contest the next round of OctaFX Champion demo contest is open for registration.Dont miss your chance and experience all advantages of OctaFX Champion demo contest. Now we greet our Round 38 champions, who became OctaFX Hall of Fame members:

 

  1. 1st place with the award of 500 USD goes to Mr. Fadjar Tri Surjanto from Indonesia
  2. 2nd place with the award of 300 USD goes to Mr. Menh Ly Kien from Vietnam
  3. 3rd place with the award of 100 USD goes to Mr. Nor azizi bin Amdani from Malaysia
  4. The last runner in the contest, Mr. Chaidir Rahman from Indonesia is granted 100 USD


This contest is devised specifically for the traders, who want to test their own abilities and immerse into fascinating atmosphere of learning. Our prizes are real, which makes the contest even more alluring! The posts about winners who uncover their successful strategies and provide some trading tips are aimed to help newcomers to get inspired. Even experienced traders don't hesitate to participate in the competition and compete for the rewards and praises. Shortly, we will share the success stories of our 42 Round winners. We want to thank all traders for participation in this round. Registration has already started, so dont miss your chance to explore all advantages of OctaFX Champion demo contest!



Become a Champion with OctaFX!

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  • Post #20
  • Quote
  • Sep 11, 2015 8:12am Sep 11, 2015 8:12am
  •  Fedricks
  • | Membership Revoked | Joined Sep 2014 | 413 Posts
I have started up with this company just recently, so far so good especially with these regular contest. It’s sad not able to win much yet keep trying my luck to change. So keep it up and keep on bringing more contest!
 
 
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